LinkedIn is one of the largest and most
populated media platforms in the world and its turnover is around $25 Billion
per annum. Recruiters have realised over the last few years that the platform
LinkedIn offer is highly successful method for both finding, headhunting and
advertising for candidates. Over and above this, it can be a very powerful
marketing tool for our profession, especially when used in conjunction with
other platforms such as Twitter and Face Book.
So, why do I ask the question? I have
noticed over the past few months some subtle but effective changes that
LinkedIn have made to their system, for example. The popular,
‘Who’s viewed your profile…’
…option has changed to a bigger picture
which is great, but it has also removed the ability to find out which keywords
someone has found you through. This is, to some recruiters I know and have
spoken too about this, a major concern as this is how they get visits to their
profile in turn increasing their business opportunities.
Basic accounts on LinkedIn suffice to
some extent but when you see the benefits of a ‘paid’ option such as Talent
Finder as an example, you can see that there are tangible benefits like
‘In-Mails’ which can be utilised for direct approaches which in most cases do
pay off.
There have been several other changes
which are making the recruiters role that bit more ‘difficult’ or more time
consuming. So what is actually happening?
Have LinkedIn realised that the huge
income potential that recruiters currently enjoy using their platform and, are
they considering taking advantage of this revenue stream by ‘shutting out’
recruiters? I could be totally wrong and to a certain extent I hope I am, but,
if not, have LinkedIn developed, or are developing, a system whereby they can
take a piece of the revenue that recruiters generate?
TAKE NOTE: Why would LinkedIn hire a
substantial number of developers this year? Are they actually working on a new
revenue stream, could it be the recruiter’s money they are targeting??? If they
are, as recruiters we need to be actively looking at new options, ones that
could, if they did make it nigh on impossible for us to continue using LinkedIn
as a tool for revenue growth, find an alternative option, one which we can use
daily and hopefully with more ease and better results.
Get your thinking caps on ladies and
gentlemen, we may have to find something in the next couple of years me
thinks…….
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