Noah Kagen (early member at Facebook and Mint and founder of AppSumo) has a great video about hiring employees. Basically, he says that his goal was to hire good team members that needed to focus their skill set. It’s more important to have a believer than a mercenary.
Let’s be honest… I don’t think the headhunter that is looking for their $5K bounty is going to be overly concerned about the long-term ramifications of your workplace environment.
The second tactic companies use is ads on Indeed.com. It reminds me of the old days when the media buyer would default to print ads whenever there was a tough decision to be made in the marketing budget. Everyone read the newspaper and it was comfortable… in the long run that didn’t work out. The problem with putting ads in Indeed.com is that it attracts a less desirable employee. In all likelihood, potential employees answering an Indeed.com ad has been let go of their job and doesn’t have any professional contacts. If the employee was exemplary, they would have already been scooped up by a company; that hasn’t happened. So, you are dealing with a pool of prospects that are not either team players but have good skills. Or maybe they are good team players but have extremely diminished skills with little upside. Doesn’t sound like an ideal pool of job candidates I would like to be choosing from.
Quite frankly, another issue is employers are given control of the job search process to outside forces whose first priority is not to find a candidate that’s a good fit, but rather to bring in candidates for the sake of, well… bringing in candidates.
Copley Advertising has come up with a better way, one that will give a free flow of candidates to the employer and still retain control of the process at a fraction of the cost.
First, we sit with the client and find which positions need staffing. Then, we select about 40 companies with current employees they believe would be a good fit for their company (skill and culture-wise). We geofence the companies and tag all smartphones in the targeted company and play a :15-second video. The video is of one of the company’s employees saying, “Hi, my name is Jane. I like working at company X because of their corporate culture”. Corporate culture is one of the four key points that workers -especially highly trained young workers-look for in a workplace.
Once the target sees the ad, we capture their device ID. If they engage with the ad, we place their ID in a retargeting folder. After the target clicks on the ad, they are taken to a landing page with a video. “Hi, my name is Jane and I’m a Systems Analyst at Company X. We have a great company culture, work/life balance, promotion track and a good pay scale. Below are some additional videos of friends of mine who also work here. If you leave your email, we can send you some updates concerning changes in the employment climate and pictures from outings we have had. Hope to talk to you soon.”
You would have links to another video that will have other employees talking about the company and suggesting email sign up. If the target doesn’t sign up, that’s fine because now we have three ways to track the ID: the impression IDs, retargeting IDs and the Facebook pixel on the site.
We set up a Facebook retargeting campaign using the captured Facebook IDs. Running the impression IDs through a Facebook converter, we end up with a 30% conversion rate. Now you’ve essentially exchanged impression IDs for Facebook IDs. We then create a look-alike model with the Facebook IDs matching the main data points, identifying similar Facebook users in the US. We set the look-alike to 1% of the US population and will end up with about 2,250,000 Facebook IDs with similar data points. You can start a campaign with the data and drill down to focus on specific location and behavior indicators; you can drill down further again using Facebook’s Audience Insights. Once you have a critical mass of retargeting IDs, you can launch a campaign that receives on average 2X to 16X click rate.
And the great news is that you will now have a short-term and long-term funnel that you can draw from when need. You’ll be able to filter candidates that fit your company and those that don’t.
After the campaign is set up and running for about a month, there is a nominal maintenance fee needed to keep the captured IDs in place.
“We’ve found recruiting in its present form to be outdated and ineffective. Copley Advertising’s goal is to disrupt the space and introduce a clean, modern model that is beneficial to both the company and the candidate. Win-win means just that.” John Flynn, CEO, Copley Advertising.
Or you can go back to someone who is going to charge you $5,000 per body or to place ads to non-networks, rusty-skilled candidates on Indeed.com. Good luck with that.
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Copley Advertising
Brookline, MA 02445
John Flynn
jflynn@copleyadvertising
617-595-0138
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He’s right.
Right now Facebook is an incredible value. $6 CPM is a steal based on the platform’s capabilities. Every month Facebook rolls out new features and updates. It’s an embarrassment of riches. Here are the top five features that make Facebook’s Mobile DSP Platform a great fit for B to B mobile advertising.
Self-Optimizing – I am a big fan of granular reporting. Most of the time I like to get my hands dirty and pick which apps are performing, tracking operating system click rate, creative A/B testing and many other benchmarks. Facebook’s self-optimization will choose which demographic features (age, sex, placement) is working and move your impressions to ensure a lower cost per click. And Facebook does a very good job. They will even notify you if they think a change in targeting is needed to further optimize your program.
Video Ads – You can upload your video ads to the Facebook platform in seconds and begin your video campaign. I use my YouTube videos and never had an issue. When the campaign starts Facebook will log in views, how long the views are and the price per view which is usually pennies. Why is Facebook doing this? YouTube. Facebook wants YouTube out and is replacing it with its own video platform. The engagement rate using video ads is huge. Video ads are taking over mobile. It’s another differentiator from other advertising. The fact that Facebook recognizes this and makes life easy is huge.
Dark Posts – One of my favorite phrases in media…Facebook Dark Posts. In reality, it’s easy to do. The point of dark posts is that the ad is not posted to your “page” when published. An example is my business page is Copley Advertising. I use my platform to post ads for clients all the time. I don’t want every client’s ad on my newsfeed. Dark Posts helps solves the problem. Plus it seems the click rate is very good on average.
Targeting – Facebook has great targeting. You can target by street address, hobbies, last time you traveled, what newspaper your demo likes, job title, company employed by, Facebook groups, pages you follow, income and on and on. Pretty impressive. Plus setting up different Ad Sets for each test is easy. With Split Testing you can increase your optimization and Facebook will reward you with a cheaper CPM.
Ease of Use – Facebook has made the platform very easy to set up with little or no knowledge of code. The ad manager is great for the majority and the Power Editor allows the user to take a deeper look at the campaign and offers more tools to play with. There is no reason why you can’t have your first Facebook ad up in minutes.
So why is Facebook doing this? Easy. Money. They are proving that they are a serious B to B DSP mobile platform. They are looking to attract big companies and agencies to hop on the program. Facebook is a great mobile platform for B to B advertising. Use it now because late 2017 it is going to cost you a lot more.
]]>There are many factors to consider when trying to optimize a mobile campaign. Drilling down to OS will show the break out between iOS and Android. Copley Advertising has seen a three to one gap in click rate. If this is the case then testing a cloned campaign and white listing the OS with the highest click rate may see a significant rise in CTR.
When we ran a test campaign which cloned the original campaign and then whitelisted the OS with the highest CTR. Copley Advertising found a 25% lift in the click rate across the board. By whitelisting the OS system, we increased net click rate by 20% for the entire campaign.
There is a movement to gear campaigns to iOS only. We have seen 3 to 1 click rates in favor of iOS and some in favor of Android. With Android impressions being cheaper finding Android skewed data may be a bonus.
If the advantage is 25% or less then looking at placement is a better way to go as you can choose which iOS and Android apps are working and which are not.
Copley Advertising uses a mobileDSP platforms to reach your mobile marketing goals. We use programmatic buying but we believe that algorithms are good but knowing each campaign on a granular level is important.
Interested in mobile geofencing? Email us at [email protected].
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