Monster
spends a significant amount of time and resources drumming up business for its
proprietary network of job sites—an elaborate maze that collectively draws 20
million unique visitors each month and includes big-name sites such as
Monster.com and MonsterTRAK.
Yet, in its
ongoing bid to transform itself from a basic job board into a comprehensive
online recruiting provider, the company is making clients an offer they may find
too tantalizing to refuse: the ability to extend their reach beyond Monster
itself by advertising job postings on external sites via a new platform, the
Monster Career Ad Network.
The job board
is able to deploy the postings it receives from clients to other Web sites by
advertising though a vast network of partners—essentially every place where
Monster buys online media—such as ESPN, Weather.com and CBS.com. The platform
gives employers access to people who are not actively looking for jobs but could
be lured by compelling advertisements.
“The Monster
Career Ad Network is a tool for effectively chasing after the passive job
seekers,” says Mark Charnock, vice president of Monster Recruitment
Media.
He believes
there will be significant interest in Monster Career Ad Network because it uses
strategic data gathered from prior candidate job searches on Monster or
MonsterTRAK to deliver targeted employer advertisements on partner sites.
The
information collected provides important insights, such as the location or the
type of job that a candidate might be interested in, and enables employers to
devise a placement strategy that is more relevant. Another feature is the
ability to post branded advertising, which means employers can include personal
touches, such as their logos.
—Gina
Ruiz