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How Recruitment Marketing Analytics
--- Provide the Keys to Success in the World of Programmatic Job Advertising #TAtechSummit
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It’s hot here!!!
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Recruitment Marketing Strategist, Kelly Services
Presenters Josh Gampel CEO, Recruitics Dennis Tupper Recruitment Marketing Strategist, Kelly Services
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Agenda Overview of Performance-Based and Programmatic
4 Foundational Job Performance Classifications to Start Your Programmatic Strategy 5 Must-Have Reports How Kelly Services Leverages Programmatic Examples Agenda
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An Overview of Performance-Based and Programmatic
JOSH SECTION #TAtechSummit
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Global Advertising Growth - Increasing Everywhere
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Performance-Based Pricing
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Mobile Has Surpassed Desktop
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87% CAGR for Mobile (over past 5 years)
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History of Recruitment Advertising
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Pay-per-post (1999 - Present)
Pricing Model: Customer pays fixed fee to post a single job on a job board. Modeled After: Classified Ads Pros: Predictable, fixed cost Cons: No guarantee of applicants
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Pay-per-click (2004 - Present)
Pricing Model: Customer bids in auction to get clicks on job ad. Modeled After: Google AdWords Pros: You only pay for job seekers who look at your job No long-term contracts Cons: Difficult to understand and measure Paying for clicks, not applicants
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Pay-per-applicant (2012 - Present)
Pricing Model: Customer only pays for applicants. Modeled After: “Sourcers” or “Exchanges” Pros: Customer only pays for results No long-term contracts Cons: Difficult to guarantee quality
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Pay-per-hire (2012 - Present)
Pricing Model: Customer pays % of salary when candidate is hired. Modeled After: Contingency / “perm placement” Pros: Based on ultimate measure of success, less expensive than using outside recruiter No long-term contracts Cons: Only has traction in specialized niches.
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Do Consumers Believe Performance-Based Pricing Works?
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4 Job Performance Classifications to Start Your Programmatic Strategy
JOSH SECTION #TAtechSummit
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Fundamental - Job Performance Classifications
#TAtechSummit
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Performers #TAtechSummit
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Over-Deliverers #TAtechSummit
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Challengers #TAtechSummit
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Non-Converters #TAtechSummit
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Grouping Jobs by Performance
#TAtechSummit
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Programmatic Strategies
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5 Must-Have Reports JOSH SECTION #TAtechSummit
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Critical Reports Dashboard Job Detail Job Group Inventory
Job Group Performance Reporting Trending, Trending, Trending Critical Reports
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How Kelly Services Leverages Programmatic
JOSH SECTION #TAtechSummit
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Our data must answer 3 core questions….
Key Metrics of Success Our data must answer 3 core questions…. #TAtechSummit
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Key Metrics of Success VOLUME COST & QUALITY #TAtechSummit
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Am I getting the candidates I need?
Applicant volume Am I getting the candidates I need? #TAtechSummit
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How much is it costing me to get those candidates?
Cost-per-applicant (CPA) How much is it costing me to get those candidates? #TAtechSummit
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Am I getting the quality I need?
Submittal Interview Placement Am I getting the quality I need? #TAtechSummit
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Key Metrics of Success #TAtechSummit
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Apply to Client Submission for Vendor A
.674% Apply to Client Submission for Vendor A
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Apply to Client Submission for Vendor B
23.3% Apply to Client Submission for Vendor B
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Examples JOSH SECTION #TAtechSummit
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(before optimization)
30-Day Benchmark (before optimization)
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30-Day Timeframe (after optimization)
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Finding the Right Programmatic Strategy
Campaigns* Views Applies Conv. Rate CPA Priority Science 367 6 1.63% $83.33 Priority Engineering 3,660 212 5.79% $6.99 Client A 274 11 4.01% $28.62 Client B 818 43 5.26% $32.60
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Finding the Right Media Mix
Sources* Jan. CPA Feb. CPA Mar. CPA Source 1 $1.51 $1.52 $1.60 Source 2 $1.67 $1.06 $1.81 Source 3 - $1.40 $1.73 Source 4 $0.89 $1.39 Source 5 $2.71 Source 6 $2.28 $2.89 *anonymized
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In Review #TAtechSummit
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Key Takeaways Programmatic is quickly growing
Our industry will continue to follow ad:tech Efficiency gained forces change Job Groupings & Reporting are critical for success Segment like jobs together to optimize Look at trending reports to see performance over time Quality Reporting is critical for buying decisions Understand which sources drive the quality KPI you care about Constantly test new sources #TAtechSummit
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Questions? Thank You!
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