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Google Enters Job Listings Fray
Analysts say the Web searcher's newly launched free service could alter the sector forever.
November 21, 2005
Google Enters Job Listings Fray
Search giant Google launched its new listings service last week, and within
hours bloggers and recruitment professionals were already attempting to predict
what it means for the Monsters and CareerBuilders of the world.
Google Base,
as the new listings service is named, lets users post or upload virtually
anything into a database, tag it with descriptions like a location, job title,
company and so forth and make it accessible to the world all at no
cost.
CareerBuilder was one of Google's launch partners, posting hundreds of
jobs on the site and offering a testimonial to the new service that said, in
part, "Feeding our jobs to Google Base further extends our distribution network,
providing employers with added support in marketing their open
positions."
The company later e-mailed its clients bragging about the
additional exposure their ads would now have: "All CareerBuilder.com jobs are
posted to Google's site--giving exposure to 80 million more Americans."
Yet
even as CareerBuilder was telling recruiters and hiring managers how good Google
Base was for them, financial analysts were predicting that the service would
alter the listings business forever. Peter Appert, an analyst at Goldman
Sachs, wrote, "If Google eventually charges for listings, or if advertisers find
they get adequate results posting directly on Google and can bypass paid listing
services aggregated by Google, the economic implications will be
dramatic." At the same time, recruitment marketer Joel Cheesman was offering
15 reasons on his blog why posting job listings to Google is a good
idea--including the fact that it's free.
In the short term, all this will
probably not affect company recruitment at all. While there is no reason for a
large employer not to post jobs to Google Base automatically, it's going to be
some time before the site has enough reach to be an effective recruitment tool.
Appert, for instance, estimates it will be 12 months before Base has an impact
on any listings sector.
The longer-term impact could be to drive
down--possibly all the way to zero--the cost of posting a job online.
Job
search engines like Indeed.com and SimplyHired.com already are leveling the
advantage that the paid job boards have enjoyed by aggregating their listings
with those from corporate Web sites and hundreds of other sites and displaying
them based solely on their relevance to what a job seeker wants.
But as more
and more jobs get indexed, getting a company's job opening noticed becomes the
challenge. The best recruiters will turn to search-engine marketing for
visibility and targeting. Examples of that can be seen now. A search on Google's
regular site for "Dayton Ohio jobs" includes an ad for taxi driver jobs at
DaytonCab.com. One company, Webhire.com, is now offering to help recruiters
write and post those so-called "contextual text ads." The program, TalentScope,
costs $495 per ad.
As Cheesman notes in his blog: "I fully expect the
strategy of optimizing job descriptions to gain in importance and for this to be
very good for companies like mine." --John Zappe
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