it starts with analytics: how to drive better roi for your recruitment marketing strategy

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Page 1: It Starts with Analytics: How to Drive Better ROI for Your Recruitment Marketing Strategy

© 2016 SmashFly Technologies, Inc.1

Page 2: It Starts with Analytics: How to Drive Better ROI for Your Recruitment Marketing Strategy

© 2016 SmashFly Technologies, Inc.2#RMROI

Page 3: It Starts with Analytics: How to Drive Better ROI for Your Recruitment Marketing Strategy

© 2016 SmashFly Technologies, Inc.3 © 2016 SmashFly Technologies, Inc.3

Recruiting

Recruitment

Marketing

#RMROI

Page 4: It Starts with Analytics: How to Drive Better ROI for Your Recruitment Marketing Strategy

© 2016 SmashFly Technologies, Inc.4 © 2016 SmashFly Technologies, Inc.4

Recruitment Marketing is every tactic that a talent acquisition team uses to attract,

engage and nurture leads to convert them into more qualified applicants to fill jobs

now and build a pipeline for the future:

• Sourcing

• Content Marketing

• Email Lead Nurturing

• Social Recruiting

• Mobile (SMS) Recruiting

• Career Site

• SEO

• Employee Referrals

• Talent Networks

• Job Marketing

• Employer Branding

• Recruiting Events

• Recruitment Automation

• Advanced CRM

• Recruiting Analytics

#RMROI

Page 5: It Starts with Analytics: How to Drive Better ROI for Your Recruitment Marketing Strategy

© 2016 SmashFly Technologies, Inc.5#RMROI

Page 6: It Starts with Analytics: How to Drive Better ROI for Your Recruitment Marketing Strategy

© 2016 SmashFly Technologies, Inc.6 © 2016 SmashFly Technologies, Inc.6

One platform

One vendor

Real-time analytics

Agnostic source of truth

More productive

Fully transparent

#RMROI

Page 7: It Starts with Analytics: How to Drive Better ROI for Your Recruitment Marketing Strategy

© 2016 SmashFly Technologies, Inc.7 © 2016 SmashFly Technologies, Inc.7#RMROI

Page 8: It Starts with Analytics: How to Drive Better ROI for Your Recruitment Marketing Strategy

© 2016 SmashFly Technologies, Inc.8 © 2016 SmashFly Technologies, Inc.8 © 2016 SmashFly Technologies, Inc.888

ATTRACT

Attract more qualified candidates to your employer brand and jobs

Employer Branding

Job Marketing

SEO

Social Recruiting

#RMROI

Page 9: It Starts with Analytics: How to Drive Better ROI for Your Recruitment Marketing Strategy

© 2016 SmashFly Technologies, Inc.9

38,098

Total Clicks

14.5%

Click to Apply

Rate

5,517

(+1,345) Completed

Apps

$0.38

Average

CPC

$2.63

Average

CPA

#RMROI

Page 10: It Starts with Analytics: How to Drive Better ROI for Your Recruitment Marketing Strategy

© 2016 SmashFly Technologies, Inc.10

492

42133

3016

131

369275

110 57

503

9

380

$2.65

$1.06

$5.00

$2.28

$3.72

$3.11 $2.83

$4.55

$3.43

$3.01

$1.45

$2.65

$-

$1.00

$2.00

$3.00

$4.00

$5.00

$6.00

0

500

1000

1500

2000

2500

3000

3500

Applies

CPA

Avg. CPA

• Indeed is driving the highest volume of apps, with the CPA below average ($2.28)

• Beyond is the new publisher with the CPA way below average ($1.06). We’re working on

getting the # of applies up.

• SimplyHired is driving the second highest number of apps at CPA just above average

($3.01)

• Appcast and Zip Recruiter driving the 3rd and 4th # of applies with the CPA right on

average.#RMROI

Page 11: It Starts with Analytics: How to Drive Better ROI for Your Recruitment Marketing Strategy

© 2016 SmashFly Technologies, Inc.11

976

1370

1486

1685

$2.28

$3.07 $3.14

$2.04

$-

$0.50

$1.00

$1.50

$2.00

$2.50

$3.00

$3.50

0

200

400

600

800

1000

1200

1400

1600

1800

January February March April

Applies

CPA

Avg. CPA

• Number of applies is growing MoM with April peaking at 1,685 and CPA being at all time low ($2.04)

• CPA was high in February and March due to introduction and calibration of a few new Job Boards (e.g.

JobCase & CareerCo)

• We’ve turned off the low-performing Publishers in May already and expecting even better CPA and apply

volume

#RMROI

Page 12: It Starts with Analytics: How to Drive Better ROI for Your Recruitment Marketing Strategy

© 2016 SmashFly Technologies, Inc.12 © 2016 SmashFly Technologies, Inc.12 © 2016 SmashFly Technologies, Inc.121212

ENGAGE

Engage candidates across every touch point in their journey

Career Sites Mobile Referrals

Increased Employee

Referrals

#RMROI

Page 13: It Starts with Analytics: How to Drive Better ROI for Your Recruitment Marketing Strategy

© 2016 SmashFly Technologies, Inc.13 © 2016 SmashFly Technologies, Inc.13 © 2016 SmashFly Technologies, Inc.131313

NURTURE

Nurture candidates with the right message at the right time

TalentNetwork

EmailMarketingCRM

Solved High Volume

Hiring Challenge

Results

246 Recipients

66 Interviews

6 Hires

2 Offers

#RMROI

Page 14: It Starts with Analytics: How to Drive Better ROI for Your Recruitment Marketing Strategy

© 2016 SmashFly Technologies, Inc.14 © 2016 SmashFly Technologies, Inc.14#RMROI

Page 15: It Starts with Analytics: How to Drive Better ROI for Your Recruitment Marketing Strategy

© 2016 SmashFly Technologies, Inc.15 © 2016 SmashFly Technologies, Inc.15 © 2016 SmashFly Technologies, Inc.151515

CONVERT

Convert candidates into highly interested applicants

Recruiting Analytics

Agnostic Source of Truth

for Recruiting Analytics

#RMROI

Page 16: It Starts with Analytics: How to Drive Better ROI for Your Recruitment Marketing Strategy

© 2016 SmashFly Technologies, Inc.16#RMROI

Page 17: It Starts with Analytics: How to Drive Better ROI for Your Recruitment Marketing Strategy

© 2016 SmashFly Technologies, Inc.17 © 2016 SmashFly Technologies, Inc.17 © 2016 SmashFly Technologies, Inc.17#RMROI

Page 18: It Starts with Analytics: How to Drive Better ROI for Your Recruitment Marketing Strategy

© 2016 SmashFly Technologies, Inc.18 © 2016 SmashFly Technologies, Inc.18

Business Problem

• High turnover

• Too many/too few/the wrong applicants

• Recruitment Marketing success

• Takes too long to find/fill

KPI

• Cost per Quality

• Source of Quality

• Time to find

• Pipeline health

#RMROI

Page 19: It Starts with Analytics: How to Drive Better ROI for Your Recruitment Marketing Strategy

© 2016 SmashFly Technologies, Inc.19 © 2016 SmashFly Technologies, Inc.19

KPI

• Cost per Quality

• Source of Quality

• Time to find

• Pipeline health

Action

• Streamline spend

• Streamline sources

• Build pre-applicant pool

• Segment pre-applicant pool

#RMROI

Page 20: It Starts with Analytics: How to Drive Better ROI for Your Recruitment Marketing Strategy

© 2016 SmashFly Technologies, Inc.20 © 2016 SmashFly Technologies, Inc.20

• Complete: Is everything being measured?

• Real-Time: Is the data current?

• Centralized: Is work required to combine data sets?

• Accurate: Is there trust in systems for data capture?

• Integrated: Is the data integrated across the strategy?

Critical to leverage technology to achieve unified analytics and an

agnostic source of truth for your recruitment marketing strategy

#RMROI

Page 21: It Starts with Analytics: How to Drive Better ROI for Your Recruitment Marketing Strategy

© 2016 SmashFly Technologies, Inc.21

For more recruitment marketing insights and

use cases, visit our blog.