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Latest Posts by chrisr2

  • Google Jobs now live in UK
    By on July 18, 2018 | No Comments  Comments

    Well, Google for Jobs has conquered North America and now heads across the pond to the UK.

    The announcement was made Monday on the Google blog.

    Starting today, when you search for “jobs near me,” “teaching jobs,” or similar queries in English in the U.K., you’ll have the option to click through to a feature that lets you explore jobs from across the web that meet your unique needs. You can access salary information, reviews and ratings of the employer and different options to apply for a job, or use a location filter to see jobs in the areas that are convenient for you. Thanks to Google Maps, if you’re signed in, you’ll even be able to see how long it would take to commute to a job from your home.

    This is good news for UK based job boards. I just heard recently that sites like CV-Library just lost their Indeed traffic so this new source of free traffic comes just in time for our friends in Great Britain.

    God save the jobs!

  • Live Consulting Webcast August 9th
    By on July 17, 2018 | No Comments  Comments

    I’ll be doing a live consulting session via webcast on ThursdayAugust 9th at 1pm ET. The cost to attend is $30 and you can register here.

    So bring your questions and topics and chat live one on one with the industry’s top expert.

  • Are Niche job apps the new thing?
    By on July 16, 2018 | 1 Comment1 Comment  Comments

    Came across a new niche job board…sort of…last week. Capango is a new retail job mobile app only. It’s kind of like tinder for retail jobs. Swipe right and the employer gets notified of your interest.

    It was made by a company called Natural Insight that already produces cloud software for retailers so a job app like this makes sense from a value ad standpoint. By helping their current customers staff up, they add value to their brand name. I think its a smart move. But they will need to market the app for the long haul if they expect it to gain traction. It’s really no different than launching a niche job site from scratch.

    The app business is an expensive one which is mainly what I shut down my apps that I had built for CareerCloud when I ran that company. But if you can afford to build and maintain an app, it can be a great lead gen tool and/or revenue generator.

    There are already apps for freelance jobs and some other industries. The ‘nichification‘ of industry related job apps is one trend I think we will be seeing more of in the future.

  • Dinegigs Gets $5 Million for Food Service Job Board
    By on July 10, 2018 | No Comments  Comments

    Richmond VA based Dinegigs has secured 5 million in new funding to expand on its food service job market.

  • Social network for college students and a Blockchain Job Launch
    By on July 9, 2018 | No Comments  Comments

    UpBreeze, a leading social-professional platform for college and university students, today announced the launch of JobBot, its latest innovation that empowers students to apply for jobs and internships within seconds, significantly faster than before.

    For more info go to www.upbreeze.com/news/2018/JobBot_Launch.

    Powered by artificial intelligence and machine learning technologies, JobBot presents to the student a wide variety of jobs and internships that are relevant to the student.  When the student clicks “1-Click Apply“, JobBot takes care of the unexciting application process.

    A job application form can be lengthy and tedious and it may take the student well over half an hour to complete.  JobBot relieves the student’s pain and reduces the student’s long and slow application process to one easy click.  It completes a wide variety of mundane job applications demanded by employers, ranging from large international conglomerates to local small firms.

    “Jobs and internships are only one click away.  JobBot makes it easy for students to apply,” said Dr. Zachary Leung, CEO of UpBreeze.  Dr. Leung is a machine-learning scientist-entrepreneur.  He received his PhD from MIT, which is believed by many as the hometown of artificial intelligence and machine learning.

    Many students today spend a great amount of time to search for jobs and internships.  When they find something that they are interested in, they would spend even more time to fill out the extensive application form.  “Finding a job or internship has been a double-whammy for many busy students.  UpBreeze’s goal is to streamline this unexciting process.  Help students find dream jobs and internships and help recruiters find ideal candidates.”


    Empleos.io is another blockchain job market soon to launch. They are holding a Private Sale which starts on July 20, 2018 and lasts 3 weeks. 14M  PLEO tokens will be offered for a price $0.25 per token (50% discount off the Main Sale price). The following crypto currencies are accepted: BTC, ETH, XEM by the current exchange rate. The minimal contribution amount is $10,000. All contributors should pass the standard KyC/AML procedure.
    Potential contributors are invited to subscribe to their newsletter on http://empleos.io, each participant will receive an email within 72 hours prior the Private Sale start with detailed instructions. The information about the Private Sale will be also available on their official Telegram: https://t.me/EmpleosIO
    The Private Sale page is password-protected: https://empleos.io/privatesale.html
    login: private
    password: sale

     

  • SEO Hack for Job Boards (member only)
    By on July 8, 2018 | No Comments  Comments

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  • New Update to Google Jobs
    By on July 2, 2018 | Comments Off on New Update to Google Jobs  Comments

    Last week Google introduced a new way for job publishers to submit their job feed. Currently you just have to submit a sitemap file to tell them what to crawl. But this new update includes an API that allows for “realtime” submissions so that they can better track when jobs come on your site or expire.

    If you are already indexed by GFJ you don’t really need to do anything. I asked Christian Malpeli from Jobboard.io what he thought of this new way to be indexed;

    The end result is not different. However this is an API which allows jobs to be submitted and removed in realtime. We’re already speaking to our G’ contacts on Jobs to see if there is a way for us to submit via API on behalf of our customers. As of now it appears that each site needs to manually verify which isn’t very efficient. I will say we are seeing many cases where customer jobs are ending up on Google Jobs within minutes of being posted already (via the Sitemap.xml method), so not clear if this will be a big win or not.

    So not really big news if the sitemap method is working just fine for you. Here are the instructions for the new method which again involves the search console and verification. If any boards actually try this method I’d be curious to hear from you how it works out.

     

  • What job boards sell for
    By on June 26, 2018 | Comments Off on What job boards sell for  Comments

    Last week I was able to identify how much revenue Glassdoor has based on an internal PDF from its new owner Recruit. According to them, GD sales  hit $171 million in 2018. With a sell price of $1.2 billion that gives them a valuation of about 7X annual revenue.

    7X is on the higher end of acquisitions that I have seen in this industry over the years. I think the majority of sites sell for less — somewhere in the 2X-3X range. It just depends on the site fundamentals. Namely;

    • How profitable it is.
    • What kind of client loyalty it has (how often clients come back).
    • The niche they are in (more or less competition).
    • Cost of running the platform.
    • Size of registered seeker and employer database.

    Acquisition valuations are typically hard to come by but these new numbers from the Glassdoor deal shed a little more light on how buyers value potential job site businesses.

    If you would like help in coming up with a valuation for your site let me know. You can hire me for an assessment. Email chris@jobboardsecrets.com

  • Indiana job site gets $9 million in new funding
    By on June 24, 2018 | Comments Off on Indiana job site gets $9 million in new funding  Comments

    Ascend Indiana, a nascent initiative to address the talent gap in the Hoosier state is ramping up its operations. The group is an offshoot of the Central Indiana Corporate Partnership, has raised $9 million so far to support its work and is “partnering with Indiana companies to create specific talent pipelines to fill shortages in critical industries” according to IBJ.com.

    Ascend has invested in cloud-based platform that combines technology and human interaction in a job-matching service. Job matching sites like this are essentially just the next generation of job board technology. Just because you can match a candidate to a job doesn’t mean they are interested or fully qualified. Below is a quick tour of the site which can be found here.

    I do like the fact they are targeting college kids as they come out of school. But like any marketplace this will take time and effort to build and maintain a statewide network like this. Certainly lots of other sites vying to capture new students. They are going to need a long time horizon to really make this work.

    Read more on IBJ

  • New Site Launches for Filmmaking Jobs
    By on June 20, 2018 | Comments Off on New Site Launches for Filmmaking Jobs  Comments

    IndustryJump is a new career marketplace that brings together filmmaker/video professionals with employers that want to hire them. In addition they will also allow for payment transactions. The site will launch a program for “guaranteed payment and also provide its users with services such as automated bookkeeping and 1099 reporting.”

    It’s nice to see a next generation niche business like this in the jobs space. I checked their site and it appears to be a highly customized unique platform not built with any job board software. For a site to do what they want, you really have to build your own.

    Industry Jump showcases portfolios for all filmcrew positions like producers, directors, makeup artists, grips, production companies and more, all with verified reviews. Industry Jump is the first centralized database created for freelance video production talent that requires verified reviews, making it easy for employers to confidently hire the best talent for each project.

    According to Industry Jump’s CMO, Jakob Owens, who also owns the viral youtube channel Buffnerds, traditional hiring of film industry freelancers was mostly done through personal networks and word of mouth referral, a system which was impractical for both employers and employees. “I wish I had a resource like Industry Jump when I moved to Los Angeles,” he said, “I knew no one, and even though I had a lot of work to direct, I couldn’t find any quality crew members to hire.”

    According to the company, the site is already being used by filmmakers in 45 states, with a long international wait list. “The response we have received thus far is breathtaking. While I knew there was a huge demand for these services, I never expected to go nationwide so quickly,“ said Englert.