internet week new york 2009 @gullivergo james rohrbach [email protected] @jamesrohrbach all...
TRANSCRIPT
Internet Week New York2009
www.gullivergo.com@gullivergo
James [email protected]@jamesrohrbach
All rights reserved
James Y
James R
Wendell
Shampa
What is Study Abroad and why does it matter?
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• 300,000+ Study Abroad students in 2009
• Growing 9-15% a year
• Near-term catalysts• Colleges making it a priority (e.g., Princeton)• Fed. government support (Paul Simon Act)
FAST-GROWING
HIGH-SPEND
LOTS OF HEADROOM
• $5.9 billion in 2009
• $26,000 per semester
• Third-party Study Abroad providers
• Less than 2% of US undergraduates will Study Abroad in 2009
• 4+ million 18-24 year olds will take an international trip in 2009
Immature market with lots of problems
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• Except for at the very best colleges, students do not have comprehensive, objective, easy-to-use resources
• They don’t get their questions answered, are intimidated, and give up
STUDENTS
SCHOOLS
STUDY ABROAD PROGRAMS
• Under-resourced and drowning in questions
• No high-ROI, low-risk marketing channel – banner ads and field sales
Everyone is frustrated
Under-resourced college offices
goabroad.com – featureless ad directory
studyabroad.com – featureless ad directory
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Gulliver solves the main problems for students & colleges
• 1500 programs in 70 countries• Student reviews & ratings• “Approved programs” lists for all
Div I and Div II schools• Facebook Connect• Trip Planning guides for Top 13
destinations
Filter
Save
Compare
We help students go abroad & reduce advisory burden on colleges
Gulliver offers the first CPA inventory for Study Abroad programs
How it works1. FastApp links to a provider’s online application
• Field dominated by 3rd-party, for-profit Study Abroad program providers
• Top 20 providers have an average of 36 programs each
2. FastApp Lite collects a lead on Gulliver’s own form.
Our value for programs
Who Pays
• First CPA inventory in industry• Zero-risk, lower cost, decreases
abandonment• Complete control over content/presence
for free
Why
“We think Gulliver will make a huge difference for our marketing, and our university partners are really excited about your Trip Planner.” –
Sample testimonial
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Lessons and the future
• Cost per Action/lead gen can be a great model
• Trust and relationships are material competitive advantages
• Slower growth rate but sustainable market share
• Huge opportunities for innovation
Lessons from working with schools
The future
• The “social university”
• Erosion of institutional walled gardens
• Transparency
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Thanks!