Post by account_disabled on Dec 24, 2023 9:24:43 GMT
Very interesting article published in Forbes a few days ago: Could LinkedIn lose its market dominance? All the more interesting since it is the opinion of Daniel Tunkelang, former “Director of engineering / data science” at LinkedIn (where he spent 5 years). Today, he advises Yelp, Salesforce, Apple… He defines his job at LinkedIn as “connecting talent to large-scale opportunities” that is to say “helping people recruit and be recruited”. “LinkedIn is the market leader in recruiting but it does not innovate enough”. Linkedin is the world's most powerful tool for recruitment professionals and employers. But for some time now, it has been stagnating. LinkedIn has probably been more interested in sales and marketing.
Maybe his energy is focused on integrating with Microsoft. Whatever the reason, LinkedIn does Email Data not offer significant innovation as a recruiting platform. Nonetheless, LinkedIn wins. LinkedIn has shaken up “traditional” players like Monster by creating a platform where people can take charge of their professional branding. LinkedIn created the industry of recruiting passive candidates (those who are not searching, but remain open to opportunities). Today, LinkedIn dominates this market, but only second as a destination for active job seekers, behind Indeed. LinkedIn knows who you are Its database of 500 million contacts is an unparalleled database of names, locations, current and past employers.
The majority of LinkedIn's revenue comes from providing recruiters with the ability to use this data to find and contact the right people. (what I recalled in a previous article: put LinkedIn in its place: recruitment is 65% of LinkedIn's turnover). LinkedIn knows who you know Its “professional graph” represents the millions of connections that have been created between its members. This data has value, but it is diluted by a growth strategy that has encouraged quantity to the detriment of quality. (which I recalled in another previous article: LinkedIn is a big story). LinkedIn knows what you know A significant number of profiles indicated their training and skills. But this information is not very effective.
Maybe his energy is focused on integrating with Microsoft. Whatever the reason, LinkedIn does Email Data not offer significant innovation as a recruiting platform. Nonetheless, LinkedIn wins. LinkedIn has shaken up “traditional” players like Monster by creating a platform where people can take charge of their professional branding. LinkedIn created the industry of recruiting passive candidates (those who are not searching, but remain open to opportunities). Today, LinkedIn dominates this market, but only second as a destination for active job seekers, behind Indeed. LinkedIn knows who you are Its database of 500 million contacts is an unparalleled database of names, locations, current and past employers.
The majority of LinkedIn's revenue comes from providing recruiters with the ability to use this data to find and contact the right people. (what I recalled in a previous article: put LinkedIn in its place: recruitment is 65% of LinkedIn's turnover). LinkedIn knows who you know Its “professional graph” represents the millions of connections that have been created between its members. This data has value, but it is diluted by a growth strategy that has encouraged quantity to the detriment of quality. (which I recalled in another previous article: LinkedIn is a big story). LinkedIn knows what you know A significant number of profiles indicated their training and skills. But this information is not very effective.