Every town, company, non-profit, professional association, newspaper, periodical, television station, blog and club in the world. In many cases, a specific geography or profession can use multiple sites. The purpose of a job board is usually
* i m. l4 Q! C/ @2 Ea) To inform members of an audience about relevant job openings or,; M. R6 W3 }2 ?9 u4 ]# @
b) To offer customers the opportunity to post job openings to a specific audience.9 T. h, p5 F( T1 Z, w* t/ _
, Y5 Z' J5 T) @+ [" L! z8 O, iSounds logical, doesn't it? The reason that this level of simplicity is important (if somewhat obvious) is that familiarity with a particular niche is critical to success. The Employment market is different in different cultiures. So,
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Adicio is successful powering a certain range of domestic American Job Boards. Their penchant for the newspaper industry shows in their range of offerings (They offer a full complement of services for housing, employment and transportation)
5 c E; m2 k6 u7 `; _Boxwood Technologies are highly successful in the Association Industry. Trade and professional associations are a culture in and of themselves. A frirm like Boxwood must be able to tailor its offerings to the realities of Association Business Model and cash flow/ organizational objectives.
3 q5 t2 s3 R G- W& j, m( I8 ] P, EMonsterTrak (a subsidiary of Monster) powers a huge number of college job boards. , ?# i k) a1 h: L
Madgex is highly visible in European markets along with Stepstone. 6 I+ z- y5 c Q9 b; B- y' \
Taleo, BrassRing, Vurv and others power the websites of their corporate clients.
7 I+ \) D. w4 I' A/ sThere are hundreds of companies offering similar services in a broad array of niches. If there are 50,000 job boards, there are probably 350 small companies powering them. The market is undifferentiated and overlapping.7 T/ O u7 l( s. o& T
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As we look further at the future of Trade and Professional Associations, the requirements for a job board (and its functionality) will become central to the discussion. |