Talent Intelligence – Turn Market Insights into Income
Talent intelligence is a strategic tool to help solution providers increase income by identifying prospective clients, preparing sales pitches, expanding product/service offerings, and creating high-value content.
Detailed analysis of an employer’s job postings uncovers opportunities and challenges. Then you can align your offering with their needs in your sales pitch and utilize talent market intelligence to sell the need for your solution. A great way to keep your clients engaged is to provide regular content about job market trends they care about.
Identify Employers to Target
Filtering capabilities of your talent market intelligence or job market data can help identify prospective employers that are a good fit for your solution offering.
Segment by job titles, industries, locations (zip codes, markets or states) or companies (by size or other characteristics).
A targeted approach creates an efficient prospecting strategy. Consider the job titles, companies and industries you already have success with, or those you think will make a good target based on the latest trends.
Job Postings Analysis – Understand Employer Challenges and Opportunities
The more you know about your prospects and their competitors, the better positioned you will be to make recommendations that solve their HR and TA challenges and win their business. The examples of job posting analysis below can be used to identify companies to target and gather talent intelligence for sales pitches.
Supply and Demand
Understand where there is more demand than supply by job title, location and company in order to find employers that may need help with recruiting or recruitment marketing.
Fill Days
Identify which employers have longer time-to-fill days for their postings and more open jobs. You can segment by title, location, company, etc. in order to find companies that may need help with recruiting, recruitment marketing, or ATS/CRM solutions.
Ad Indicators
Sponsored, Quick Apply, and Urgent are special posting categories on Indeed. These can indicate an employer has an immediate need. Quick Apply can can also indicate a more efficient process/system is needed to manage candidate interest. Additionally, the Fair Chance indicator can mean employers are seeking alternative talent pools to try to fill jobs, which is good competitive intel to know if they are successful with this strategy.
Comp Benchmarks
Provide comp and benefit comparisons against your prospective client’s local/industry competitors to ensure they have efficient and competitive job offers.
Employer Reputation/Branding
How do you measure an employer brand? One way is to analyze Glassdoor and Indeed reviews and ratings data. Show your prospects/clients where they are strong/weak compared to their EVP and competitors. This could lead to new project work to improve weak areas. These insights can be filtered by title and location to uncover specific issues with management, within departments or other areas.
Competitive Intelligence
Analyze top competitors (local and industry) to show your prospective clients where they are strong/weak in comparison. By understanding who (title, requirements, skills, comp, etc.), how many and where a competitor is hiring or has hired you can gauge their business growth or product development strategies.
Provide Recruitment Advertising and Budget Guidance
Increase Your Income By Expanding Your Offering
Whether you integrate talent market intelligence into your AI chat bot, add a widget in your app or offer customized reports the addition of decision-making talent insights will increase revenue opportunities and client retention.
Keep Your Clients Engaged With Content
Keep your clients engaged and happy by delivering useful information about their hiring and employer reputation metrics, competitive intel and benchmarks and job market trends. It’s also a great way for your account management team to regularly touch base. Reports can be automatically distributed to your clients, and alerts can be set up when specific market changes happen.
Take the Next Step!
Sign up to schedule a meeting to discuss how to best utilize our talent market intelligence to target new business, generate new income and improve client retention.