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Archive for the 'verticals' Category

Job Site Traffic Synopsis: Super Bowl

During my time at Monster I was able to actually see the results of our Super Bowl ad traffic, whether it was good or not so good. But I’ve always wondered how much Super Bowl commercials really impacted other job board’s traffic. Moreover what other initiatives they utilize to maintain the growing need for more job seeker eyeballs after the commercial has come and gone.

So I took some time, did some research and wrote a synopsis of the following job sites complete with my humble twisted opinion.

Careerbuilder’s silly Monkey commercials, during and after, the Super Bowl propelled them into a new level of market awareness in 2006, although follow-up efforts in 2007 & 2008 could not replicate their initial traffic success. Careerbuilder’s consistent traffic has been solidified by their ability to turn into a finely search optimized machine coupled with job seekers returning through daily emailed job alerts.

HotJobs ran Super Bowl commercials in January of 1999 and found their site down for days due to pushing more traffic than they could handle, not a great first showing but this marketing method was an obvious success. Nowadays it seems their ability to gain ground on CB while passing Monster is mainly due to HotJobs ability to finally skew well in Yahoo’s organic search, which I’m sure has staffers saying “It’s about D@%# time!“.

Monster hit a homerun in 1999 with their “When I Grow Up” commercial; unfortunately they have not been able to replicate the success of ‘99, after several attempts, and over the past 3 years they’ve allowed their lead to dwindle being passed by Careerbuilder, HotJobs, and now Indeed. Monster’s highest single source of traffic originates, like CB, from their daily emailed driven job search agents which are sent to job seekers daily with a link back to their saved job searches. Most job sites have this email driven resource, although none has leveraged it to the extent of Monster over the past 8 years, unfortunately their advantage in SEO, which would complement their email traffic, has been spiraling downward for years.

Indeed is the black sheep of the bunch and hasn’t purchased a Super Bowl commercial. Paul runs a smart and tight ship, although continues to steadily climb into the group of traffic leaders. How? Well Indeed receives almost 25% of their traffic from Google through extreme amounts of SEO and targeted SEM. Indeed has a few high profile partnerships, although the bulk of their eyeballs come from search.

But aren’t Super Bowl ads providing brand awareness relative to search?

Of the TOP 10 keyword terms used on search engines in the Employment and Training segment (including job boards) 3 of these terms are a variant of Monster, 3 more are variants of CareerBuilder, 2 are Indeed variants and last but never least Yahoo’s HotJobs holds NONE of the top 10 terms for search… So thanks to the black sheep, Indeed, the “You need Super Bowl ads to brand yourself on a world stage properly” myth can be MYTH BUSTED.

My closing thoughts… If you have the cash on hand to spend on a Super Bowl commercial you’re richer than most. If you choose not to buy a SB commercial and spend it strategically using more of a consistent and diversified approach, you’re smarter than most. If you choose to take the SB commercial plunge you will also need the cash to support it with many long-term traffic initiatives, and if Monster and HotJobs couldn’t sustain long-term after their SB traffic tsunami, good luck. Also remember that back in ‘99 the internet was new and more of a novelty for most, meaning everyone flocked to these first dotcom companies utilizing the Super Bowl as a marketing vehicle.

Today’s viewers are just dotcomed to death!

Indeed surpasses Monster

During the show last week I mentioned that Indeed supplies the big boards with enormous amounts of traffic. Using Hitwise I noticed Indeed is the #4 traffic provider for Careerbuilder and HotJobs, while this week moved from #9 to the #8 traffic provider for Monster.

Amazing yes.. but there’s more…

I have also noticed Indeed’s traffic numbers have surpassed Monster!?! It’s no surprise that Indeed is still on the rise, although it’s Monster’s plummet that has me scratching my head. Why would a company who has predicated their business model on job seeker traffic let it die on the vine? Also, since it is speculated that Monster is looking to be sold… How does this help their “perspective” auction block efforts?

The real question is…

Where is Indeed getting all of this traffic? According to Hitwise over 30% comes from search with the bulk (22%+) supplied by Google..

Smart SEO and I would venture to say even smarter SEM are the big factors, and whether you’re a fan of how Indeed is garnering traffic or not, it’s working.

Dispelling the myths

Ray Schreyer is an online recruiting pioneer and was one of the main players in the creation of DirectEmployers Association back in 2001. Today, Ray is responsible for the creation, innovation and management of IBM’s global recruiting initiatives online, which is why I wanted to share the following…


DIGITAL BUSINESS 2007:
Dispelling the myths of the internet job search

By Ray Schreyer, Financial Times
Published: Nov 07, 2007

Online job searching has evolved from a novelty into an essential career tool in the 10 years since I co-wrote one of the earliest guide books to using the new technology.

At first, internet job searching may seem quick and easy; however, having a strategy for navigating through millions of postings on thousands of sites helps increase the odds of landing a job, or even an interview. It helps to separate the myths that have evolved along with this multi-million dollar business from the realities that can help both job seekers and recruiters get better results from internet job search tools.

Myth 1: The big boards post the lion’s share of openings.

Reality: Only about 30 per cent of the jobs at major corporations are listed on the big job boards, according to research firm iLogos. Fewer than 25 per cent of internet users worldwide regularly use job boards. There are many more options to include in job research.

Corporate websites and niche sites, such as professional and industry associations, have grown in size and importance. For example, employers use their own sites to avoid the rising cost of job board advertising; they find the high volume of resumes produced by the big boards does not necessarily translate into actual hires. More often, they rely on industry and professional association sites and job aggregators to get the word out about new positions.

Employment search engines, which aggregate jobs from corporate sites, are invaluable to any job hunt, especially now that jobs are global. Top sites include JobRapido in Europe, Recruit.net in Asia and Jobcentral.org in the US.

To get specific vacancies in front of candidates with the required skills, corporations will also opt in the future for targeted search services, such as Yahoo Network’s Behavioral Targeting and Google Adwords.

*****
For more myth dispelling and the full article click here.

Video Vertical, Funny videos = YouTube

It’s nothing new, you’re having a bad day and need something to lighten it up, or you’re creating a new PowerPoint presentation and want to start with an ice-breaker, you know something funny. What do you do? You start searching for funny videos that will make you laugh, break the ice, or jumpstart your day.

How do you search for funny videos?

Earlier this month, Hitwise UK published some interesting metrics showing a correlation in changed search behavior for funny videos and YouTube popularity. What’s changed? Well, instead of using your favorite search engine (Google, Yahoo, MSN) and typing in the keywords “funny videos“, searchers are bypassing all other video providers by using the keyword “youtube“. This, my friends, is a vertical branding coup! And just another positive step forward for the YouTube team in leading and dominating a still young online video market.

This is no surprise since YouTube seems to be dominating every inch of the online video space, at least in the US. Look for this space to heat up even more with new general search sites, like MegaVideo, and tons of vertical search sites, like JokeFilms and the rest of the gang popping up, it seems, daily.

Good luck fighting GooTube guys.

ZDNet Asia Jobs Powered by Recruit.net

Job growth is explosive across Asia. China’s major cities generated 12 million new jobs in 2006, according to the National Bureau of Statistics of China.” - Fay Hansen

ZDNet Asia’s IT Employment Trends reveal Asia as the new “Hot Bed for IT jobs“, thus making the newest addition of ZDNet Asia tech jobs, powered by Recruit.net, an incredibly relevant step.

The Recruit.net job search engine brings FREE jobs and dynamic job search to Asia’s now thriving IT market, moreover Recruit.net is bringing the “Freemium model” to Asia complete with Sponsored Jobs, AdNet, and Banners being served around their organic content.

Is Asia ready for Freemium?

The online recruitment market in Asia is still far behind that of the United States, according to Maneck Mohan, director of Recruit.net. In Recruit.net’s markets, Australia is the most mature and China the least developed in the transition from traditional offline media job postings to online postings.” - Workforce

Internet penetration is on the rise in Asia, although still far behind the United States. This market lag provides Recruit.net and many other foreign job search companies the opportunity to closely study the U.S. job search battleground, taking away winning strategies without being stuck in the R&D, proof of concept, and slow adoption quagmire.

My personal message to the global recruit-o-sphere:
Learn how to leverage Freemium today, or be prepared to catch up tomorrow.

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