Essentials Magazine Essentials Spring 2019 | Page 8

From The Marketing Side schools are predominantly white or nonwhite. His first article is entitled United States Spends $23 Billion More on White Schools than Nonwhite. According to EdBuild, an analysis of the local and state tax revenue spent in the 2015-16 school year shows non- white school districts receiving $2,226 less funding per student than white districts. The report also states, “There are over 13,000 traditional public school systems in the United States, serving an average of 3,500 students. Howev- er, the average high-poverty nonwhite district serves almost 10,500 students — a student body that is three times larger than the national average. Primarily white districts, on the other hand, enroll only 1,500 students on av- erage and high-poverty white districts are even smaller.” A second EdWeek article by the same author is entitled School Spend- ing is Broken. So Why Is it So Hard to Replace Funding Formulas? In it he writes, “The way states distrib- ute billions of dollars in school aid is counterproductive, outdated, and inefficient, according to a growing number of politicians, school finance experts, practitioners, and advocates… Without the courts pressuring states to fork more money over to schools… governors and legislatures, it turns out, don’t have the political capital or revenue to do it on their own.” A Stagnant Education Market According to the National Center for Education Statistics, there is no sig- nificant enrollment growth in the near future. One of the challenges we face as school marketers is how to achieve growth in a stagnant market. It makes sense that if we consider all schools equally qualified as potential buyers our profit and loss statements will look Add a splash of color to your early learning space! www.jonti-craft.com 800.543.4149 8 essentials | spring 2019 “No Child Left Behind was a program intended to bring equality to our educa- tion system, but it did exactly the opposite.” as stagnant as the projected enrollment growth. However, if we focus on the schools that have the most money, and in particular that have the most in dis- cretionary funds, we stand a chance to improve our company financials. Location, Location, Location All the major education databases have a selection that rates the afflu- ence of the community in which a school is located. They also have selec- tions regarding the ethnic composition of the student population. Interesting- ly, in most cases this data comes from the United States census and not from the compilation of data from districts and schools themselves. Whereas my experience with the selection of community affluence has been very positive, my experience with the selection of expenditure per pupil has not. My conclusion? Success is not about the demographics of the school. It is about the demographics of where the school is located. n BOB STIMOLO, EDmarket’s Official School Market Consultant, is President of School Market Research Institute a full service marketing and research firm. SMRI provides direct mail and email lists and services exclu- sively to school marketers. To learn more go to www.smriinc. com or contact Kathleen Bill at 800-838-3444 x201.