Recruitment Advertising Market Intelligence

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^*This report was last updated in Q4 2018. Please click on request customization if you are looking for an updated version of this report

3,800+

Viewed by

4.6

Ratings

20+

Countries Tracked

9

Suppliers Covered

22

Clients Served

5%

Savings Generated

Recruitment Advertising Category Intelligence

Report Coverage

Key Supplier Trends in US
Key Technology Trends in Advertising – US
Competitive Practices in US – Recruitment Advertising
Engagement Practices – Indeed and Career Builder

Market Size

Global Market Size

$ 597 Bn

CAGR

4 Percent

Market Size US

$ 209 Bn

Recruitment Advertising Market Trends

Category Intelligence on Recruitment Advertising covers the following

Information relating to market, supply, cost, and pricing analysis
Hard to find data on cost and TCO models, supplier details, and performance benchmarks
Macroeconomic and regional trends impacting cost, supply, and other market dynamics
Category-specific negotiation and sourcing advice

Table of contents

Recruitment Advertising Executive Summary
Executive Summary

Recruitment Advertising Supplier Analysis
Supplier Shortlist and Supplier Landscape
Supplier Profiling

Recruitment Advertising Best Practices
Sourcing Models
Engagement Models and Pricing Models
Case Study

Recruitment Advertising Market Analysis
Market Overview , Key Trends And Market Trends
Competitive Practices in US
Key Supplier Trends and Key Technology Trends

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Industry Outlook & Drivers

Global Market Outlook on Recruitment Advertising

The global advertising industry is expected to grow annually at 4% in 2018 and expected to reach USD 597 billion industry by 2020. North American region contributes half of the total global advertising spend by 2020
Almost 82% of the population are using digital devices, such as smartphones, TV, tablets, and Internet
Buyers are opting for integration of recruitment tools with digital advertising for employer branding and marketing job opportunities

Key Trends in Recruitment Advertising

Large number of companies are investing in artificial intelligence techniques for leveraging the services. Similarly, digital advertising agencies are also integrating the AI, chatbots, and analytical approaches to reach target audiences and pool of skilled workforce
Buyers preference is higher on candidate experience while hiring. Involvement of analytical approaches and automation may enhance the candidate experience.
Pay per click (PPC) is widely adopted approach in the US for recruitment advertising

Market Trends in Recruitment Advertising

Selecting a right candidate for right job role is the key for employers. Risks involved is higher if wrong candidate is hired. In order to mitigate the risk, decision-making process is supported by appropriate advertising and marketing techniques to reach the most potential pool of skilled applicants
Target audiences can be reached through increased social media advertising packages, rise in AI recruiting and big data analytics

Pricing Models

Recruitment advertising and marketing packages are widely adopted pricing approach in the US. Suppliers provide a wide range of service offerings integrated in a package
Subscription-based approach is prominent when buyer needs a customized recruitment advertising approach in the US. Subscription-based services include a tailored approach for aligning the recruitment strategies with business strategy on a real-time basis

Sourcing Models – Consolidated vs. Individual Vendors

Sourcing an appropriate recruitment advertising agency or tool can help buyer in saving their time and money
Consolidated supplier offers a wide range of advertising techniques for job opportunities over multiple platforms. In this case, buyer shall opt for a single vendor
Discrete suppliers offers limited set of advertising techniques for the buyer. In this case, buyer shall opt for multiple vendors for different advertising techniques.

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Beroe is a global SaaS-based procurement intelligence and analytics provider. We deliver intelligence, data, and insights that enable companies to make smarter sourcing decisions – leading to lower cost, reduced risk, and greater profits. Beroe has been a trusted source of intelligence for more than 15 years and presently partners with 10,000 companies worldwide, including 400 of the Fortune 500 companies.

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