What most people don’t understand that there is a vast difference between a search engine and a job board. Though both of them are drastically different, it can still be a little confusing for people to realize the difference. A job board displays all the various job postings that come from prospective employers. A search engine helps you to search the web and consolidate the job boards from different websites together. Job boards charge a nominal fee from the companies so that the latter can post jobs on their website. Job boards sell resumes from their databases to the employers as per their requirement of resources.
If you are an entrepreneur, you can earn money if you choose to post jobs on your website. It is an easy and non-tedious process. Let us look at some job board websites. These job board websites help you start earning from your post as soon as a job is published. The options that we will discuss here are all free subscription options that you can sign up for and use with ease.
Start With A Domain Name And Reliable Web Hosting
Whenever you create a website, you will need a Domain name and an affordable web hosting! Web hosting is a service which allows individuals to post their websites on the Internet.
We highly recommend iPage web hosting for buying the domain name and hosting. iPage provides 24×7 customer support, 99.99% uptime, and an optimised experience specifically designed for WordPress users.
Generally, you will get the domain name for free when you sign up for a long-term hosting plan.
What Is The Business Model of Job Boards Websites?
Besides Placing Ads, which may turn some users off, job boards have several other monetisation models.
Subscription – Companies can post job offers and applicants can access profiles and contact companies with a subscription.
Paid listings – If you wish, you can charge a fee for displaying a job posting for a specified period of time or a one-time fee for each listing.
Premium services – It is possible to set limitations and remove them for a fee. For example, Users may be able to upload a limited number of images or documents. Alternatively, you can display Premium applicants and companies at the top of search results.
Job boards typically offer paid ads in order to generate revenue. Having two separate payment plans will help you accomplish that – one for companies and one for applicants.
JobCoin is an internationally-acclaimed platform when it comes to job boarding. Employers do not even mind paying $99 initially to start posting jobs to JobCoin. You get paid a flat fee of $20 if the source of that job is from your website primarily. Any application that comes from a person looking for a job is paid for between $2 to $10.
JobCoin requires you to be well researched and specific in terms of your requirement before you start posting on the site. Jobs garner attention based on your description of the audience. JobCoin assists in audience footfall through optimization of your post.
SimplyHired is a popular name that consolidates jobs globally in more than 24 countries. Founded in 2003, it has established itself as an industry favorite.
Here, you simply post jobs on your site and are picked up by SimplyHired board called Job-o-Matic. You can customize the prices and the tenure of your job yourself. You can display posts that SimplyHired has already hosted. Advantage of this site is that if you get paid for pay per click jobs as well.
There are several ways to make money with job board websites, including:
- Job listing fees: Charge companies and recruiters to list job openings on your website.
- Resume database access: Allow companies and recruiters to access a database of resumes for a fee.
- Sponsored content: Partner with companies to create sponsored content, such as blog posts or whitepapers, that highlight their products or services.
- Recruitment services: Offer recruitment services, such as pre-screening candidates or conducting interviews, to companies and recruiters.
- Advertising: Sell advertising space on your website to companies and recruiters.
- Affiliate Marketing: Partner with other business or platform that can offer additional services to your users and get a commission for every successful transaction
It’s important to note that, to make money with job board websites, you need to have a significant amount of traffic and a sizeable audience of job seekers and employers.
It’s not easy building a job board website from scratch that can compete with giants like Glassdoor and Indeed, but the job search industry offers endless potential. Consider building a job board that targets a niche location, industry, or profession. If you choose custom development, you will be able to scale later. You will be able to launch gradually and catch any bugs and adapt to new trends by starting out with a niche site.
Whether you require help or have questions about creating a job portal website, we are ready to help. Just contact us by commenting below.
If there’s anything you think I’ve missed – talk to me in the comments below!
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