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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
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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 We make it easy for recruitment teams to optimize the ROI on their recruitment advertising spend.
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
Agenda • Market Landscape • Recruitment Marketing Analytics • Five Critical Reports • Current Noteworthy Trends • Areas of opportunity • Checklist to take home
65% of all digital ad spending in the first half of 2013 used a performance-based pricing model.
Rise of the Aggregators Source: Lambay Advisors
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!
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?
Five critical reports you need to create Job Level Analytics Conversion Buckets Company Spend and Performance Source Tracking Trending Reports
Recruitment Marketing In Action (Before) 82% of recruitment marketing dollars… 49% Was spent on of the jobs… 2% which only drove of total applicants.
Recruitment Marketing In Action (After) 151% increase in applicants 33% decrease in CPA
Current Trends #2: Generalist job boards aren’t dead, but..
95% of Fortune 500 companies do not have mobile-optimized website. Source: Imomentous, Corporate Mobile Readiness Report, 2014
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)
Takeaways • $6 Billion Dollar Market and Growing • 65% of digital media is performance based • What’s measured is managed. Get proper data in place. • Key Reports: • Job Detail • Conversion Buckets • Company Performance • Source Tracking • Trending Analysis • Mobile is the future, plan for it now • Social is Strong – Leverage Existing Channels • Follow the digital world – it’s a look into the future • Areas of Opportunity • Email Marketing • Retargeting • Real Time Bidding • Cross Platform Tracking and Advertising
Josh Gampel President Recruitics josh@recruitics.com 203-210-1411