Chris Forman, Appcast CEO & Founder, gave a presentation at the 2016 Jobvite Summit about the emergence of programmatic technology into the job advertising space.
Abstract:
In the last 7 years, programmatic 'ad tech' has revolutionized how companies brand, promote, and sell everything from paper towels to airplane tickets. Today, more than 80% of online ads are placed and optimized in milliseconds...each time we click on another web page. The lift in performance has been nothing short of staggering...often increasing ROI by over 500%.
Leading recruitment marketers have taken notice and are starting to use these technologies to optimize the performance of their job ads, attracting better candidates and getting a dramatically higher 'bang for their buck'. Join Chris Forman, the former CEO of AIRS and Founder of Appcast for an insightful, funny, and data-driven review at how companies are leveraging programmatic technology to radically improve recruiting outcomes.
3. 3
1998 2015
US GDP
DOW
Hit TV Show
US Government Debt
% of Americans uninsured for Health
Amazon Revenue
Smart Phones In Use
Facebook Users
Music Streamed (Songs)
Netflix Streamed (Hours)
$9.1 Trillion
$5,526,193,008,897
9,181
Friends, Seinfeld
0
$610,000,000
16.3%
0
0
0
$18.1 Trillion
$19,401,002,590,00
17,425
Game of Thrones, Empire, NCIS
1,900,000,000
$107,000,000,000
11.9%
1,440,000,000 (MAU)
317,000,000,000
42,500,000,000
16. 16
We are ‘jack of
all trades,
master of none’
Interviewing
Limited budget
Multi disciplinary
Competing priorities
Sourcing
Analyzing
Many bosses
Hiring
18. 18
Case Study 1: Spread the peanut butter
Traditional Approach Programmatic
19. 19
Lower costs & more applies on the right jobs.
Clicks
Spent
Applications
Apply Rate
CPA
Applies on HTF
Applies on ETF
Programmatic
40,986
$25,056
3,696
9.02%
$6.78
32%
7%
Traditional
47,461
$30,039
3,964
8.35%
$7.58
16%
21%
20. 20
Case Study 2: Save pennies to invest dollars
$39.38
$23.01
$21.26 $20.37 $20.08 $19.54
$17.95
$15.02
$10.25
$9.26
CPC Site 1 CPC Site 2 CPC Site 3 CPC Site 4 CPC Site 5 CPC Site 6 CPC Site 7 CPC Site 8 CPC Site 9 Programmatic
21. 21
Same/better quality; significantly lower cost.
$1.16
$1.32
$1.42
$0.00
$0.50
$1.00
$1.50
$0
$5,000
$10,000
$15,000
$20,000
January February March
Spend
Sponsored Clicks
CPC
$1.51
$0.76
$0.36
$0.00
$0.20
$0.40
$0.60
$0.80
$1.00
$1.20
$1.40
$1.60
$0
$5,000
$10,000
$15,000
$20,000
May June July
Spend
Sponsored Clicks
CPC
$20.52
$ 4.05
Traditional
Limited Sites
’No Rules’
No Programmatic Bidding
Programmatic
Many Sites
‘Apply Rules’
Programmatic Bidding
1970s beatnik poet; from San Francisco. He talked about revolution and how it wasn’t going to packaged nicely into 30 second commercials on TV, pretty pictures on cereal boxes, or <>.
Once of the great ironies in life is that this epoch about change and revolution is perfectly adapted to a discussion of the radical transformation that is occuring in online advertising today.
Everything has changed since 1998.
Except online job ads.
Everything has changed since 1998.
Except online job ads.
Everything has changed since 1998.
Except online job ads.
1970s beatnik poet; from San Francisco. He talked about revolution and how it wasn’t going to packaged nicely into 30 second commercials on TV, pretty pictures on cereal boxes, or <>.
Once of the great ironies in life is that this epoch about change and revolution is perfectly adapted to a discussion of the radical transformation that is occuring in online advertising today.