1. Gefran Odala

    emore

    10 April 2007 09:45am

    Gefran Odala

    I have a customer who has developed an industry-specific online recruitment website that is different from other recruitment sites.  The site’s USP lies in its user interface which is primarily Flash-based, thus its ease of use.  

    Here’s the catch – the site has never been launched as the client realised that the investment required to compete in the marketplace would be too high.  As a result, the client wants to sell the site and the registered URLs as an ongoing concern – lock, stock and barrel.  

    When I say industry-specific, I mean that the site is branded for a specific sector – let’s say the education sector – and has a good “.com” based URL along the lines of “educationjobs.com”.  The beauty of the model is that the client has registered another four industry-specific URLs – let’s say “childcarejobs.com”, “cateringjobs.com”, etc.  The current website can be re-branded without significant work to adapt to the other industries i.e. by changing colours and images; the site will appeal to a different sector whilst retaining the same functionality.

    Can anyone advise me on how you would go about:

    1. Valuing such a proposition

    2. Selling it

    Just so you know the kind of solution we’re talking about, I’m listing a quick (but not complete) snapshot of the site’s key features and associated benefits.

    Job seeker features:

    ·         A single-screen job search interface

    ·         Ability to export job search results to Excel for off line review

    ·         Instantly apply for a job

    ·         Create a printer friendly or PDF version of the job spec

    ·         Email the job details to a friend

    ·         Save jobs to your personal account/clipboard

    ·         Define your ideal job profile and receive matching email alerts

    ·         Manage your profile, availability and job applications online using a “CV Manager” tool

    ·         A CV Builder allows seekers to build a CV from scratch using a predefined CV template

    ·         CV statistics allows seekers to see how many recruiters have viewed, printed, downloaded and saved their CV.

    Recruiter features:

    ·         Post, edit AND delete jobs all in a single screen easy to use and intuitive interface

    ·         A single-screen CV search interface

    ·         Ability to export CV search results to Excel for off line review

    ·         Create a printer friendly or PDF version of the CV

    ·         Save CVs to your personal account / clipboard

    ·         Define your ideal candidate profile and receive matching email alerts

    ·         Job statistics allows recruiters to see how many job seekers have viewed, printed, downloaded and saved their jobs

    ·         Quickly purchase job posting credits on a simple to use and secure interface

    ·         View credit and payment statements online.

    Administration features:

    ·         A single-screen user management module including add new user, edit details, change password, change permissions, add comments, view active/inactive jobs, view payment history etc.

  2. Dan Martin

    Account Manager at 9xb.com

    10 April 2007 13:24pm

    Dan Martin

    Hi

    I'm afraid that launching a new website in the job listings market is going to be a pretty hard sell, and I wouldn't put much value in the offering. I don't want to be negative, but there are so many job sites already in existence that you're going to have to offer something *very* different. The company's been pretty smart in realising that it's going to be next to impossible to get business for the site without serious marketing spend, so if you want to sell it as a 'turn-key' proposition (to use the ghastly modern argot!) you'll have to be upfront about that.

    I'd completely disagree with the notion that a flash based user interface is going to deliver "ease of use" as a USP. By far the most frequently used button on the internet is the 'back' button, which on a Flash site is going to take you off the site altogether. It also means that the site won't be indexable by the search engines, so you're going to be hard-pushed to do any organic SEO for the site, and probably won't be able to link into specific landing pages from AdWords or other pay per click. I might be unique, but if I've found a job on an internet site, I stick it in my favourites or email the URL home - neither of which are going to work in Flash. Plus the usual reservations about accessibility and usability with Flash which are always problematical.

    I said I didn't want to be negative, but I can't see how you can sell this for any serious amount of money... a couple of thousand for each domain perhaps? There's probably been a lot of programming work and skill been put into the site so someone looking to enter this market could shortcut some of those costs using this solution.

  3. Kevin Ryall

    COO at World Education Network Ltd

    13 April 2007 18:20pm

    Kevin Ryall

    On 09:45:35 10 April 2007 GefranOdala wrote:

    I have a customer who has developed an industry-specific online recruitment website that is different from other recruitment sites.  The site’s USP lies in its user interface which is primarily Flash-based, thus its ease of use.  

    Here’s the catch – the site has never been launched as the client realised that the investment required to compete in the marketplace would be too high.  As a result, the client wants to sell the site and the registered URLs as an ongoing concern – lock, stock and barrel.  

    When I say industry-specific, I mean that the site is branded for a specific sector – let’s say the education sector – and has a good “.com” based URL along the lines of “educationjobs.com”.  The beauty of the model is that the client has registered another four industry-specific URLs – let’s say “childcarejobs.com”, “cateringjobs.com”, etc.  The current website can be re-branded without significant work to adapt to the other industries i.e. by changing colours and images; the site will appeal to a different sector whilst retaining the same functionality.

    Can anyone advise me on how you would go about:

    1. Valuing such a proposition

    2. Selling it

    Just so you know the kind of solution we’re talking about, I’m listing a quick (but not complete) snapshot of the site’s key features and associated benefits.

    Job seeker features:

    ·         A single-screen job search interface

    ·         Ability to export job search results to Excel for off line review

    ·         Instantly apply for a job

    ·         Create a printer friendly or PDF version of the job spec

    ·         Email the job details to a friend

    ·         Save jobs to your personal account/clipboard

    ·         Define your ideal job profile and receive matching email alerts

    ·         Manage your profile, availability and job applications online using a “CV Manager” tool

    ·         A CV Builder allows seekers to build a CV from scratch using a predefined CV template

    ·         CV statistics allows seekers to see how many recruiters have viewed, printed, downloaded and saved their CV.

    Recruiter features:

    ·         Post, edit AND delete jobs all in a single screen easy to use and intuitive interface

    ·         A single-screen CV search interface

    ·         Ability to export CV search results to Excel for off line review

    ·         Create a printer friendly or PDF version of the CV

    ·         Save CVs to your personal account / clipboard

    ·         Define your ideal candidate profile and receive matching email alerts

    ·         Job statistics allows recruiters to see how many job seekers have viewed, printed, downloaded and saved their jobs

    ·         Quickly purchase job posting credits on a simple to use and secure interface

    ·         View credit and payment statements online.

    Administration features:

    ·         A single-screen user management module including add new user, edit details, change password, change permissions, add comments, view active/inactive jobs, view payment history etc.

  4. Kevin Ryall

    COO at World Education Network Ltd

    13 April 2007 18:21pm

    Kevin Ryall
    1. Please email me direct: kevin@worldeducationnetwork.net with the subject header: Education Recruitment

    On 18:20:28 13 April 2007 KevinRyall wrote:


    On 09:45:35 10 April 2007 GefranOdala wrote:

    I have a customer who has developed an industry-specific online recruitment website that is different from other recruitment sites.  The site’s USP lies in its user interface which is primarily Flash-based, thus its ease of use.  

    Here’s the catch – the site has never been launched as the client realised that the investment required to compete in the marketplace would be too high.  As a result, the client wants to sell the site and the registered URLs as an ongoing concern – lock, stock and barrel.  

    When I say industry-specific, I mean that the site is branded for a specific sector – let’s say the education sector – and has a good “.com” based URL along the lines of “educationjobs.com”.  The beauty of the model is that the client has registered another four industry-specific URLs – let’s say “childcarejobs.com”, “cateringjobs.com”, etc.  The current website can be re-branded without significant work to adapt to the other industries i.e. by changing colours and images; the site will appeal to a different sector whilst retaining the same functionality.

    Can anyone advise me on how you would go about:

    1. Valuing such a proposition

    2. Selling it

    Just so you know the kind of solution we’re talking about, I’m listing a quick (but not complete) snapshot of the site’s key features and associated benefits.

    Job seeker features:

    ·         A single-screen job search interface

    ·         Ability to export job search results to Excel for off line review

    ·         Instantly apply for a job

    ·         Create a printer friendly or PDF version of the job spec

    ·         Email the job details to a friend

    ·         Save jobs to your personal account/clipboard

    ·         Define your ideal job profile and receive matching email alerts

    ·         Manage your profile, availability and job applications online using a “CV Manager” tool

    ·         A CV Builder allows seekers to build a CV from scratch using a predefined CV template

    ·         CV statistics allows seekers to see how many recruiters have viewed, printed, downloaded and saved their CV.

    Recruiter features:

    ·         Post, edit AND delete jobs all in a single screen easy to use and intuitive interface

    ·         A single-screen CV search interface

    ·         Ability to export CV search results to Excel for off line review

    ·         Create a printer friendly or PDF version of the CV

    ·         Save CVs to your personal account / clipboard

    ·         Define your ideal candidate profile and receive matching email alerts

    ·         Job statistics allows recruiters to see how many job seekers have viewed, printed, downloaded and saved their jobs

    ·         Quickly purchase job posting credits on a simple to use and secure interface

    ·         View credit and payment statements online.

    Administration features:

    ·         A single-screen user management module including add new user, edit details, change password, change permissions, add comments, view active/inactive jobs, view payment history etc.

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