Metrics, Metrics, Metrics (and tips) 2014 JobG8

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Metrics, Metrics, Metrics (and tips) 2014 JobG8 Josh Gampel President Recruitics June 11, 2014

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Metrics, Metrics, Metrics (and tips) 2014 JobG8. Josh Gampel President Recruitics June 11, 2014. Our Services Recruitment marketing analytics PPC bid automation Recruitment marketing agency. What We Do - PowerPoint PPT Presentation

Transcript of Metrics, Metrics, Metrics (and tips) 2014 JobG8

Page 1: Metrics, Metrics, Metrics (and tips)  2014 JobG8

Metrics, Metrics, Metrics (and tips)

2014 JobG8

Josh GampelPresident 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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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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Source: Lambay Advisors

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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 Analytics2. Conversion Buckets3. Company Spend and Performance4. Source Tracking5. 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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Proprietary and Confidential - Not for distribution without the express permission of Recruitics, Inc.

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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 Growing2. 65% of digital media is performance based3. 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 now6. Social is Strong – Leverage Existing

Channels7. Follow the digital world – it’s a look into the

future8. Areas of Opportunity

• Email Marketing• Retargeting• Real Time Bidding• Cross Platform Tracking and Advertising

Takeaways