1. Steven Perdoch
Caitlin Leleck
Scott Lang
Matt Lapes
Alon Bendas
2. Launched in May 2003
World’s largest professional social network
More than 120 million members
Operates in over 200 countries
Over $121 million in revenue as of Q2 2011
3. Design a professional-looking profile
◦ Overview of current title, past positions, education,
recommendations and more
Build a professional network of contacts you
can trust
Find jobs and other business/career
opportunities
Both free and premium services available
4. College students Age
35-54
Recent graduates
36% 55+
Business Professionals
7%
18-24
21%
25-34
36%
5. Viadeo – over 35 million members
◦ Big in Europe, South America, and China
XING – over 11 million members
◦ European markets, especially Germany
Facebook – over 800 million members
◦ Worldwide
6. Advertisement Model
◦ Market Solutions
Subscription Model
◦ Hiring Solutions
◦ Premium Subscriptions
7.
8. Corporate Solutions
◦ LinkedIn Recruiter
◦ LinkedIn Jobs Network
◦ LinkedIn Talent Direct
◦ LinkedIn Recruitment Advertising
◦ LinkedIn Career Pages
Advantages for the company:
◦ Find top candidates
◦ Distribute Jobs
◦ Promote brand
9. LinkedIn offers 4 types of Accounts
◦ Basic (free)
◦ Premium for Business
◦ Premium for Job Seekers
◦ Premium for Recruiters and Employers
10. For Businesses…
◦ Business - $24.95 per month
◦ Business Plus - $49.95 per month
◦ Executive - $99.95 per month
For Job Seekers…
◦ Job Seeker Basic - $19.95 per month
◦ Job Seeker - $29.95 per month
◦ Job Seeker Plus - $49.95 per month
11. For Recruiters and Employers…
◦ Talent Basic - $49.95 per month
◦ Talent Finder - $99.95 per month
◦ Talent Pro - $499.95 per month
13. From a year ago…
◦ Revenue grew 120%
Revenue by Product: 2011 2010
Hiring Solutions $ 58,620,000 $ 21,723,000
Marketing Solutions 38,570,000 18,308,000
Premium Subscriptions 23,850,000 14,864,000
Total $ 121,040,000 $ 54,895,000
14. From a year ago…
◦ Membership grew 61%
Growth of LinkedIn Memberships
140
120
120M
100
(in millions)
80
60
65M
40
40M
33M
20
0.081M 1.6M 4M 8M 15M
0
Dec. '03 Dec. '04 Dec. '05 Dec. '06 Dec. '07 Dec. '08 May '09 April '10 June '11
15. More selective job listings
Better use of LinkedIn Answers
LinkedIn Career Services
◦ Resume Tips
◦ Profile Assistance
◦ Development Tips
Virtual Career Fair
16. Make part of premium subscriptions
Companies set down specific criteria for
their job listings
LinkedIn filters job listings so that only
applicants that meet these criteria are
passed through
Would allow for only the best candidates to
apply to jobs
17. Allow applications of users that follow
specific companies to rise to the top of
resume listings for that company
Set up question and answer sections on
company profiles for followers to take to
show how interested in the company they
really are
◦ Separates those that are truly interested in
working for the company from those only
interested in a job
18. Free to users
Create a special feature that attracts
companies to questions about them or their
industry
◦ Allows companies to interact with users that
could be good fit for company that are not
currently looking into it
Question Alerts
◦ Would allow companies to answer questions
about themselves or how they operate within the
industry
19. Offer charge service for users to upload
their official resumes to be graded by
LinkedIn personnel
Allow for basic resume examples to be
available that were developed by companies
on LinkedIn
◦ Companies can show how they want resumes to
look so that only content is different, not
structure
◦ Users can see how to update/structure their
resume to look more attractive to those
companies they want to work for
20. Develop tips/ a crash course to refer to when
making your profile
◦ Highlight what aspects of your life to consider
including in your profile
◦ Tips on organization of your profile and wording
21. Analysis of logistics required
◦ Could be very resource intensive
Offer at a premium if possible but expensive
If reasonable, make it free to start as LinkedIn
learns about the process
If enough value added features are developed
make it a premium service
22. Offer charge service to make common
interview questions available to review
Provide structured answers to show how
interview questions are properly answered
Provide mock interviews through Skype so
users can practice interview techniques
23. Additional Development Options:
◦ Cover Letters
◦ Thank You Letters
◦ Proper Email Techniques
◦ Proper Memo Techniques
24. Think of it as speed dating online through
web chat
◦ But you get a job instead of dinner
Organize by region
◦ Maybe many companies, maybe one large company
25. Charge to sign up for the event
Incentives to participate as well
◦ Feed back from employers about what they liked
and didn’t like about you
◦ Feed back about how employers were to interact
with
Hinweis der Redaktion
Cool Facts:-As of June 30, 2011, professionals are signing up to join LinkedIn at a rate that is faster than two new members per second.-The website is currently available in ten languages: English, French, German, Italian, Portuguese, Spanish, Russian, Turkish, Romanian, and Japanese.
-Connections can be made by manually entering email addresses, searching your email contacts, searching for colleagues from current and past employers, and by adding people to join who are currently not on LinkedIn.-LinkedIn also has a mobile application to stay connected on the go (network updates, messages, invitations.. Etc)-LinkedIn also has groups that you can join groups, industry-specific or any group that shares your interests. You can start discussions and contribute to existing ones as well.-Helps to control and manage your professional image on the internet
Cool Facts:-80% of companies use social media for recruitment and 95% of them use LinkedIn.-More than 2 million companies have LinkedIn Company Pages.-As of June 30, 2011, LinkedIn counts more than 6.5 million students and 9 million recent college graduates around the world as membershttp://blog.hubspot.com/blog/tabid/6307/bid/23879/12-Awesome-LinkedIn-Infographics-in-2011.aspx
XING - http://corporate.xing.com/english/investor-relations/basic-information/qas/#c456Viadeo - Viadeo's strategy is based on a “glocal” approach, assuming that most professionals do business locally. They are mainly focused on Europe and BRIC countries.*Note that whileFacebook does have a lot of users, they are not primarily a professional social networkOne thing that should be noted is that while these competitors appear small to LinkedIn (120 million users), they are still taking away incremental revenues that LinkedIn could be receiving. Facebook especially, could pose as a threat. With its massive user base and well equipped employees, it is well positioned.
Marketing Solutions. Revenue from our marketing solutions is derived primarily from fees we receive from marketers, principally advertising agencies and direct advertisers, for display and text ads on our website. We also provide a self-service advertising solution that allows marketers to directly create and place ads on prominent pages on our website. Revenue from display or text ads is generally recognized when the advertisement is displayed on our website.
Hiring Solutions. Revenue from our hiring solutions is derived primarily from the sale of our LinkedIn Corporate Solutions and LinkedIn Jobs products. We recognize the net revenue from sales of LinkedIn Corporate Solutions ratably over the subscription period, which is typically 12 months and billed annually, quarterly or monthly. We also sell LinkedIn Jobs on our website to enterprises and professional organizations of all sizes. These jobs are generally posted for 30 days, and revenue from individual job postings is recognized over the same period. (Information found on 10Q report for quarterly period ending June 30, 2011)
Premium Subscriptions. Revenue from our premium subscriptions is derived primarily from online sales of our Business, Business Plus and Executive subscription products. We offer our members monthly or annual subscriptions. Revenue from our premium subscriptions is recognized ratably over the contract period, which is generally one to 12 months. http://www.linkedin.com/subscriptionv2?displayProducts=&trk=hb_ft_upyracct
A Basic account is for anyone who wants to create and maintain a professional profile online. With a premium account, you can send InMails to reach anyone on LinkedIn, get hundreds of additional search results, save and organize profiles, and see more information about who's viewed your profile. https://help.linkedin.com/app/answers/detail/a_id/71
A Basic account is for anyone who wants to create and maintain a professional profile online. With a premium account, you can send InMails to reach anyone on LinkedIn, get hundreds of additional search results, save and organize profiles, and see more information about who's viewed your profile. https://help.linkedin.com/app/answers/detail/a_id/71