Q: Wanted to get your feedback on some catalog decisions we are considering. As you probably know, we produce four catalogs each year. One of the four “terms” is much longer than the others (Spring/Summer). Here are our four terms for FY14:
Fall I: 9/9/13-10/10/13 (9 weeks)
Fall II: 11/11/13-1/19/14 (10 weeks)
Winter: 1/20/14-3/23/14 (9 weeks)
Spring/Summer: 3/24/14-9/7/14 (24 weeks)
Our thinking is to maintain the four catalogs, but to go to more balanced terms of perhaps 12-13 weeks each. This would create more balanced distribution timeframes (perhaps going with a Fall, Winter, Spring and Summer edition), help create a sense of consistency (from a learner standpoint) while leveraging marketing opportunities. Of course, the ultimate intent is to maximize enrollments, increase repeat rate and generate additional revenue.
What types of data should we be analyzing to help with the decision-making process? At the very least, I’m sure we’d want to look at enrollments by term, financials by term, workflow schedules, etc.
Let me know your initial thoughts or if you want to visit via phone conversation. It sounds like Kim is scheduling time with you for a visit in November. Hope to be able to do some preliminary work before then.