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SHRM Follow-Up info on Yahoo! Recruitment Advertising

Monday, July 2nd, 2007

At SHRM 2007, a ton of people asked me for information on Yahoo! Recruitment Advertising; the service that displays recruitment ads to targeted talent on Yahoo! sites like Finance, Mail, Personals etc.

Rather than send out a million emails, I figured I’d put a page together and share it with everyone interested. Hopefully I’ll find to time to add some video as well.

In the mean time, if you are interested or looking for new ways to attract niche or local passive job seekers, you can learn about Yahoo! Recruitment Advertising here.

If you would like to share or link to this page, please use this link:
http://www.jobsearchmarketing.com/yahoo_recruitment_advert.html

Impact of Google/DoubleClick on Recruitment Advertising Industry

Wednesday, April 11th, 2007

It’s rumored that Google has entered into the bidding for DoubleClick. The acquisition cost would be north of $2b.

My first thought was that this could lead to a significant development in the online recruitment advertising industry. I don’t think so anymore but am curious to hear your thoughts. Here are mine.

  • When it comes to display recruitment media, Google may lack a competitive enough ad network and targeting technologies to really compete with Yahoo!’s network and behavioral targeting technologies.
  • If Google acquires DoubleClick it would have DART. From what I understand, that means Google would have the potential to behavioral target ads across its partner sites. Today, Google can only site target ads on these sites.
  • I don’t think this is a big deal because DART is already available in the market. Agencies can and do flight recruitment display ads via DART today. Google’s ownership of DART would not change that or bring anything new to our market. It would simply change the billing contact address to Mountain View.
  • This would be a more significant development to our space if Monster were to work something out with DoubleClick for its recruitment media network. At least in that case, Monster has thousands of relationships with employers and could be expected to bring many more employers to the display ad market with DART, more quickly.
  • Since Google dosen’t have that sort of grip on HR departments anything they do in the recruitment display ad space isn’t going to go much beyond the agencies.

Just some early thoughts. Curious to hear yours.

Monster Recruitment Media had better buy Mexico

Wednesday, March 21st, 2007

Monster has released a service that they’re calling, Career Ad Network. With this news comes a recruitment media offering. They’ll sell recruitment ads on a network with 20m unique visitors monthly. Hat Tip

Welcome to the game boys…it’s half over and you’re a long way from competing with Yahoo!’s 130m uniques. But there is hope. You can buy Mexico, population 109m. That should catch you up.

It’s no wonder why Monster’s getting into other services…there has been a major Paradigm shift in the recruitment advertising space. What used to be a Monster dominated space has transformed to one where media companies and search engines are far better positioned.

Yahoo! has upwards of 130m unique visitors monthly and sells a recruitment advertising product suite that encompasses media across the entire network.

Monster has only 15% of that reach, no SEM offering and thinks behavioral targeting is something that happens to you in high school; not to mention thousands of reps whom will need to be trained on media from the ground up. Paradigm shift.

Monster_recruitment_media_2 

This chart doesn’t even take into account the fact that 79% of the Yahoo!’s audience is employed full-time or that while Monster’s Recruitment Media ads are, ‘targeted,’ Yahoo! takes it BIG step further with behavioral targeting, search marketing and, for greater impact…bundled packages of search and brand products.

Source: Source: comScore Media Metrix, January 2007

Mike DeLuca, VP of Sales, shares some insight

Wednesday, February 7th, 2007

Mike Deluca, our VP of Sales, has been reading my blog and the other industry blogs for a while. I think his position here gives him an interesting perspective on the industry, so I’ve asked him to share some insight here. This is the first of a three post series from Mike that will be available here

I’m on a train home to Long Island last night and about 10 minutes in, a young woman across from me whips out her cell phone and within a minute I realize she’s being interviewed for a job. To the shock and somewhat delight of everyone within earshot, she’s telling the prospective employer what she’s good at, not good at, what her salary is (42k if you’re scoring at home) and what she wants it to be, etc., etc.. All in all, it seemed like a pretty standard interview except for the fact it was being conducted on a cell phone on a public train.

Why was this encounter interesting enough to compel me to share it?
The recruiter must have asked her where she heard about the job and her answer was something like, “I was not actually looking for a job but came across your opportunity on either Yahoo! or Google while I was doing a search…

I don’t know what she was searching for but this was a real life example of search marketing having an impact on passive candidate recruitment. So it got me thinking about how companies like mine and yours can use search marketing as a means for attracting passive candidates and influencing them at different stages of their search.

Here are my thoughts.

Search marketing has a very real application in attracting passive talent because a lot of talented people use search engines daily to find jobs, career related and non-career related information.

I can’t speak for sites like Google or MSN but…

  • Yahoo! reaches 72% of the entire online population
  • Yahoo! reaches 88% of the US labor force that is online
  • Yahoo! reaches 81% of all online job seekers

Sources: Bureau of Labor Statistics, January to June 2006; comScore Plan Metrix, Summer Release 2006, Internal Yahoo Search data.

Search marketing may not typically be considered as tool for attracting passive seekers but if done right it can be effective. What’s unique about search marketing when compared to some of the other new services in the online recruiting marketplace is that it’s proven and companies like ours are making it easy for recruiters to buy and maintain.

Search marketing is about connecting people with the information that they are looking for.

So the trick with search marketing for passive talent is to identify the search behavior of those passive job seekers that matter to your recruiting objective, include the information that they are looking for on your career site and buy the keywords that connect these passive seekers with the appropriate content on your site.

By supplying this audience with the information they are searching for, you interact with the people you want to hire and you put your company in a position to be top of mind when these people contemplate making a move.

EXAMPLE
Here’s an idea that I have been kicking around. We are growing fast and I am looking for qualified sales reps. There are a lot of qualified sales reps using search engines to find information such as industry news, cold calling tips, closing techniques etc.

With keywords such as, ‘cold calling, sales tips, sales salary.’ I can capture the attention of these people and drive them to our job postings, our career site or landing pages for pennies-per-click and as Matt has pointed out before, the branding value is free.

By having my recruiters and sales managers supply the content (sales tips from my sales managers, career info from my recruiters) and buying the right keywords, ‘sales tips,’ our search marketing campaign will connect the passive seekers with the content they are looking for and engage them with my sales managers, recruiters and employer brand.

Salestips

ANOTHER EXAMPLE
Another way to find these candidates is through Behavioral Targeted Graphical Advertising. “Behavior” will definitely be one of the hot recruitment words of 2007 but it is still new to the majority of HR consumers.

Over the past two years we have seen tremendous growth in sales of this sort of display advertising coming from our recruitment advertising agency partners and our more innovative HR customers.

But that’s for another day. I’ve got a train to catch.

A final note.

I have been very impressed reading this blog and seeing the interaction and passion of this community over the last few months. Considering it started with a young ambitious guy with a $12.95/mo. software package and a few forward thinking people contributing to what it seems to be growing into is exciting. Keep up the good work. I know I look to these types of forums to gauge and anticipate what’s coming in our space.

Michael DeLuca
Vice President of Sales
Yahoo! Hotjobs

Vote for this story on Recruiting.com

Agency.com, a great company to work for. HR gets it.

Friday, January 19th, 2007

8701Today’s employer of choice award goes to Agency.com and HR Director Carla Vilar.

Carla gets it. She goes beyond the job board and taps the Internet’s major talent opportunity with email recruitment marketing, behavioral targeting and more. She has some great plans for utilizing SEO, SEM (and hopefully blogs) but I promised not to reveal her strategy. Sorry, no soup for you.

But check it out…in addition to all this; she apparently knows how to motivate her internal resources for the sake of recruiting. Check out her HotJobs Direct creative…(click the image to see the entire ad)

Agency1_1

How cool is that?

Agency.com is competing for talent in what I believe is THE most competitive labor market in NYC and Agency.com is realizing a real return on Carla’s efforts. They are finding new ways to creatively leverage the Internet, deliver their employer brand message and make it stick to the people whom they are seeking to attract.

If you know someone looking for a media planner job in new york you might want to mention Agency.com.

If, like Carla, you too get it, then you should give Carla a pat-on-the-back by either commenting on this post or by networking with her.

Digg!

Behavioral targeting. There’s no better match.

Wednesday, October 4th, 2006

Behavioral-targeted-recruitment-advertising

Are you familiar with the term ‘behavioral targeting’? By making your internet recruitment advertising efforts more effective, behavioral targeting helps you make better hires, increase referrals and reduce costs to 3rd party recruiters.

It looks like Bloomberg may be leveraging behavioral targeting…Here’s a demonstration of how behavioral targeting works… 

I am a sales professional with Yahoo, Inc. I am in NYC. I have 5+ years of sales experience. I consistently exceed sales quotas and routinely go through sales training programs. I am a qualified, passive job seeker in NYC.

Notice the ad that I often see when I log into my Yahoo! Mail account.

Clicking on this recruitment advertisment leads me back to Bloomberg’s profile on HotJobs, where I learn more about Bloomberg and can search and apply to their jobs.

By the looks of this Bloomberg HR is an innovative group.