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Daily News.
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Electronic Recruiting News as a daily email, please use the form at the
bottom of the page to subscribe or unsubscribe. Invented by Junglee during the first several years of online
Recruiting, the technique is very labor intensive. When Junglee was
acquired by Amazon.com, it sold its recruiting services to Webhire, the Internet based descendant
of Restrac. While the move propelled Webhire to the forefront of the
Electronic Recruiting Industry at the time, the technical integration
process was very difficult.
This merger allowed the other entrants to have a clear competitor to
play against. Since the Junglee Customer base had little real overlap with
Restrac's original customers, the problems ranged from technical and
pricing to Customer Satisfaction. Ultimately, other companies have been
able to perfect the idea.
In 2000, a new Job Board, FlipDog, emerged with hundreds of
thousands of job listing and no observable business model. Based on DNR
technology, FlipDog is an exercise in technical brilliance with an
extremely limited sales horizon. The company has managed to use the fact
that it collects job postings from all over the world as a method for
building macro-economic statistics based on that data.
Ezeenet, another DNR vendor,
"wraps" some of the jobs posted to major websites (Monster, HotJobs,
Headhunter). Using a huge team of Indian programmers and data gatherers,
the company continues to seek the traction that its low price point
suggests it should have.
Meanwhile, CareerCast, a
California company, has taken the process to new heights. By focusing
clearly on customer satisfaction and database integration, the team at
CareerCast has taken clear leadership in this sector. Many of the major
newspapers in the United States (Wall Street Journal, New York Times, USA
Today, Boston Globe) use CareerCast's services to deliver quality
offerings to distinguish themselves.
Even CareerCast has some difficulty with business models. Although the
company has been consistently profitable, DNR methods represent a very new
way of thinking. Trying to teach them to a typical classified advertising
salesperson represents a challenge. Teaching that person to sell these
services to an HR buyer may be more than any professional should be
required to undertake.
We look for increasing automation in DNR services and see a fit between
them and the emerging Recruiting Gateways.
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