Recruit.net: Job Aggregation With Revenue
Duncan Riley
9 comments »
Hong Kong based Recruit.net is a job search engine with an Australasian focus.
The job search engine and aggregation market is crowded. In January Michael Arrington suggested that there was a bubble in job boards. The rise of sites like Indeed and Simply Hired coupled with companies such as Edgeio that offer co-branded job boards makes it a marketplace that borders on saturation.
Recruit.net doesn’t offer US based job search, instead targets the Asia-Pacific market: Australia, China, Hong Kong, India, Japan and Singapore.
As an aggregator of job listings, Recuit.net offers the usual array of job listings. Jobs are sourced through direct partnerships with sites such as with MyCareer.com.au in Australia and through direct employer listings. Jobs can be followed via feed or email subscription and a comparative salary add-on provides market wide data for prospective employees.
Where Recruit.net excels is in its development of syndication partnerships with other sites. Overclockers Australia and Singapore Expats are amongst numerous existing partners with a new deal with ZDNet India to be announced this week.
Recuit.net’s Maneck Mohan described the model to me as “monetizing job search via international syndication networks”. Recruit.net syndicates their sponsored job content to reach “passive” job seekers across a network of partner sites, which Mohan describes as a more mature revenue model than Indeed or Simply Hired.
Recruit.net is available in three languages (English, Chinese and Japanese). The site has averaged a 33% increase in organic traffic per month since launching in July 2006, and has indexed over 23 million jobs.
I doubt the job search space is in a bubble.
For one, it is one of the few industries that spits out non-ad dollars at the end of its funnel.
Just in India, naukri.com, India’s equivelent of monster.com, recently had an IPO(oversubscribed six times).
Duncan, don’t keep referring to Arrington as ‘Michael Arrington’. You’re in danger of either sounding like a robot or a six-year-old. You’re writing for TechCrunch not some personal blog; I’m sure ‘Michael’ or even ‘Mike’ is fine.
Michael (Camilleri), call me old fashioned but when referring to people in a formal written setting it’s usually considered the norm to refer to them by both names. Whilst blogging as a medium often sits on the line when it comes to formalities this isn’t my personal blog so understand that I’m not referring to anyone by their first name alone unless advised to do so from above. Also consider that whilst TechCrunch has a loyal readership who would immediately understand that a reference to Michael would mean Michael Arrington, a lot of visitors won’t. Your point in terms of a personal blog is noted, but it justifies a formal approach and not an informal one.
My review from a week ago (Maneck is working with me on an interview). For some reason I think I review every job board out there
http://www.centernetworks.com/.....to-the-u-s
There is also newchinacareer.com in the Chinese space.
Duncan, I like your “Australiasian” term… is this used a lot down-under? I would love to use that going forward if people will “get it”.
Recruit.net is closest to Indeed.
someone wants to do some mashup with the SalaryBase project (http://www.salarybase.com) - would be cool to get the stats per a job listing I reckon
Could someone explain why Recruit.net’s syndication of sponsored job content to a network of partner sites is a ‘more mature revenue model…’? Indeed, for example, has been syndicating pay-per-click sponsored jobs - and sharing the revenue with partner sites - for more than 2 years.
Paul
CEO, Indeed
http://www.indeed.com - one search. all jobs.
Duncan, thank you for writing about Recruit.net
Paul - more mature in terms of the value proposition we offer to our advertisers who can target their ads to a specific niche partner, country or language in addition to just keywords.
Best,
Maneck Mohan
http://www.recruit.net