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Rejected/Dinged from Business Schools this Year? What are the chances for next year’s MBA admission?

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Rejected or Dinged from all MBA programs applied? Should you re-apply next year? What are the chances of admission if you have been dinged before? What is the application strategy?

There is a great discussion started on GMAT Club MBA Forum - 2008 Zero Admits Club. This is a club of members who were rejected from all MBA Schools in 2008 and had to change their strategy and reapply in 2009.  Many already had 700+ and even 750+ GMAT scores but still did not make the cut in 2008. Now they have secured admissions in the world's top schools - read their inspiring stories and see what has changed and set them apart. Don't give up!

GMAT Club Members who were part of this exclusive club in 2008 and converted to Admits this year:
bsd_lover - London Business School
svrider - Fuqua, Anderson, Johnson
yellowjacket - Kellogg
buffdaddy - Oxford
ryguy904 - Cornell, Ross, Darden
jerz - Kellogg, Duke
spideyeclipse27 - Duke, Cornell + some advice from spidey can be found here : indian-admits-2009-keep-all-desi-discussions-here-74043-40.html#p553947
filmcity - Tuck + Some advice from filmcity can be found here : indian-admits-2009-keep-all-desi-discussions-here-74043-40.html#p553961