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Metrics, Metrics, Metrics (and tips) 2014 JobG8 Josh Gampel President Recruitics June 11, 2014
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What We Do We make it easy for recruitment teams to optimize the ROI on their recruitment advertising spend. Our Services Recruitment marketing analytics PPC bid automation Recruitment marketing agency
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About Me
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Last Night!!!
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About Me - Really 10 + years in staffing and recruitment marketing Many years speaking on search marketing and leveraging marketing to build great teams Oversee the marketing and client service team at Recruitics. –2+ million jobs / day –20+ million applies / month
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Agenda Market Landscape Recruitment Marketing Analytics –Five Critical Reports Current Noteworthy Trends Areas of opportunity Checklist to take home
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Source: Lambay Advisors
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65% of all digital ad spending in the first half of 2013 used a performance-based pricing model.
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Source: Lambay Advisors
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Dice Holdings: Niche Boards in Action
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Rise of the Aggregators Source: Lambay Advisors
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Following the Money
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In Summary $6 Billion Online Recruitment Ad Spend in the US 65% of media is bought on a performance basis 2018 Proj.= $11.4 Billion or $7 Billion Online My view… that’s a lot of money!
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Analytics!!!!!!
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Job Postings are your honeypot.
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What’s Measured Is Managed Conversion Metrics Job Views Applicants Conversion Rate (CR) ROI Metrics Cost per Applicant Cost per Hire – Can you provide this for your clients?
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Five critical reports you need to create 1. Job Level Analytics 2. Conversion Buckets 3. Company Spend and Performance 4. Source Tracking 5. Trending Reports
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Source Tracking
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Monthly
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Daily
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Details
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82% of recruitment marketing dollars… Was spent on 49% of the jobs… which only drove 2% of total applicants. Recruitment Marketing In Action (Before)
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Recruitment Marketing In Action (After) 151% increase in applicants 33% decrease in CPA
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#2: Generalist job boards aren’t dead, but.. Current Trends
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Job seekers are going mobile.
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Source: Glassdoor.com
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Source: Beyond.com
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95% of Fortune 500 companies do not have mobile- optimized website. Source: Imomentous, Corporate Mobile Readiness Report, 2014
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Indeed This week Acquisition of Mobolt to break down corporate apply barrier. Data they shared… –50% of job searches are mobile (double YOY) –2.2 million sponsored jobs on the site –275k on mobile. (Supply/Demand Mismatch)
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Social Media Recruiting has grown up
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Proprietary and Confidential - Not for distribution without the express permission of Recruitics, Inc.
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Areas of opportunity
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Get Smarter about your email marketing
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Retargeting
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Real Time Bidding
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Cross Platform
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1.$6 Billion Dollar Market and Growing 2.65% of digital media is performance based 3.What’s measured is managed. Get proper data in place. 4.Key Reports: Job Detail Conversion Buckets Company Performance Source Tracking Trending Analysis 5.Mobile is the future, plan for it now 6.Social is Strong – Leverage Existing Channels 7.Follow the digital world – it’s a look into the future 8.Areas of Opportunity Email Marketing Retargeting Real Time Bidding Cross Platform Tracking and Advertising Takeaways
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Josh Gampel President Recruitics josh@recruitics.com 203-210-1411
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