You’ve probably noticed we’ve been talking a lot about the benefits of programmatic job ad buying lately. Sure, it is one of the biggest innovations to hit the recruitment marketing industry since sliced bread, but this is a trend that is completely changing the digital advertising landscape. Why? Because it works!
We consistently see three major outcomes after making a switch to programmatic PPC campaigns.
Here’s an example of the impact programmatic job ad buying had on a Fortune 500 company after we helped them make the switch last April.
Uneven performance: 80% of media spend and clicks were incorrectly going to a small percent of jobs, leaving all other jobs without the applications needed to make a hire.
We programmatically distributed budget and performance across all jobs by using data and set rules.
Pre: Lack of access to job-level reporting until after the end of the month made us reactive rather than proactively improving performance. There was no way to see spend or click volume on a job level until after the month was over.
Post: Using real-time data made us more proactive than ever. Tracking tags helped us set rules to significantly improve ROI:
Pre: Lack of campaign controls and a diverse media strategy were driving up CPCs and CPAs.
Post: Leveraging a diverse media mix expanded reach and created healthy market competition, which reduced CPCs and CPAs, and drove down cost-per-hire.
In the end, we were able to reduce the average cost-per-click for the client by over 50% in the first quarter and even more compelling, we lowered the average cost-per-application by 80%! Programmatic has helped our clients receive better ROI on their media investments by not only getting more for less, but also assuring that we can support the jobs that need budget the most and not waste budget on jobs that already have a healthy applicant flow.
So, are you ready to take the plunge into programmatic? Give us a call – it’s our favorite thing to talk about these days!
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This post was originally published on the KRT Marketing blog on March 16, 2016. Recruitics acquired KRT Marketing on July 31, 2019 - read more about it here.
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