Jobs! Where are the job opportunities? Yes, this is the thing that many people are looking for in this day and age. A large population is constantly looking for work. But today's topic isn't about getting jobs; it's about informing job seekers about available positions and making a good living from them.
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| How to Earn Money from Government Job Update Website? |
Every moment, new government and private job openings appear, making it difficult for candidates to gather all of the necessary information.
There are traditional job information newspapers, but we must collect them and receive payment for them. People are finding it difficult to collect or carry job-related newspapers as they move toward digitization. They are becoming more interested in online job boards.
Because, unlike traditional job newspapers, they receive all information and notifications instantly on a Job Portal Website. "Almost everyone now owns a smartphone." Candidates can receive job-related news at any time and from any location.
How to Earn Money from Make Govt Job Update Websites?
We'd like to point out that if you create a Job Boarding Website or an Online Job Search Website, you can make a lot of money. That requires a popular website. Let us now discuss how you can profit from a Job Portal Site.
The first thing I would do is start creating as much content as possible about this niche. From there, I would begin creating content that targets local search terms for the job your website is about, such as training programs or colleges.
When you begin to gain organic traffic from the before mentioned activities, you should apply to Quinstreet. This is a lead generation ad network. This allows you to place ads on your website and earn money for each new lead you refer. This new revenue stream would be added to the money you already make as a job board.
The most important aspect of taking your website to the next level is to begin producing content and attracting organic traffic. After that, you'll have a plethora of options for monetization. There are the best ways to earn money from a job board website given below:
1. Job Posting
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| Job Posting |
The Job Posting's fees are without a doubt the most admins will monetize a job board. As per Jitendra Sharma's research at eJobmitra, A total of 60 percentile of Job Updates is dependent on Job Postings Websites for earning.
Employers have to pay so as to have a job posted for a set period of time, usually 30 days. The payment you can ask for a listing varies greatly depending on the niche you've chosen in Job Posting.
To provide you a sense of job posting earning, we've compiled a list of what Job Board Keywords in various niches charge. You can also provide an additional upsell by offering both standards and featured job postings, distributing jobs to multiple aggregators such as Indeed or ZipRecruiter, or posting the position on social media.
Another option is to sell job slots on a recurring basis.
Large sites such as ZipRecruiter and Monster already use this model, which helps to provide greater stability and profitability by charging customers automatically.
Finally, you can provide packages that include a set number of postings or even unlimited postings for a set period of time.
In most cases, job postings will be your primary revenue source; however, experimenting with additional offerings to grow your business is worthwhile.
2. Resume Access
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| Resume Access |
Paid access to job seeker profiles is another common source of job board revenue.
Depending on the industry, you may be able to charge employers a monthly fee in exchange for access to your database of resumes and candidate contact information.
This strategy should only be used by established job boards, as you'll need thousands of resumes before you're offering enough value to charge for it. However, once you've gathered a sufficient number of users, resume access typically generates several hundred dollars per month for each employer who signs up.
It's also a good idea to offer mixed packages that include both job posting and resume access.
3. Employer Profiles Featured
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| Profile of Employee |
Offering featured employer profiles on your homepage, in email newsletters to job seekers, or on your blog is another way to monetize.
You can also charge employers for additional features that will help their company page stand out from the crowd, such as the ability to Upload a Video or a Company Logo.
Combining your featured profile offering with the premium job posting offer is frequently the best way to package this..
4. Hosting Advertisements
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| Hosting Ads |
Aside from job postings, there are numerous other monetization options available. Several of these are in the form of advertisements that you can place on your website.
5. Job Replacement
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| Job Replace |
If you're just starting out with your job board and don't have many listings, job backfill is an excellent way to gain traction. This will allow you to populate your site with listings from sites like Indeed, ZipRecruiter, Job2Careers, and others.
In this model, you are essentially acting as an affiliate, earning a commission from the job aggregator every time a job seeker clicks through to the listing or applies for the job.
Some job board owners make thousands of dollars per month just from backfilling jobs.
Most job board platforms already have integrations with job aggregators, so all you have to do is sign up as a publisher and enable the integration.
6. Google AdSense
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| Google AdSense |
Google AdSense is one of the simplest, if not the most profitable, ways to begin monetizing your website. To begin hosting ads today, simply create an account and place the code on your website.
Your earnings are heavily influenced by the amount of traffic to your site and the number of people who click on the advertisements.
Furthermore, while many sites use this revenue model, keep in mind that having too many ads on your site will harm your brand and the aesthetics of your site.
7. Advertisements
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| Advertisements |
You can integrate two types of advertisements. Ads from Google AdSense and third-party advertisers Google AdSense will place advertisements on your website. You will receive 7-10 Rs for each visitor who clicks on those ads on your website.
When your website becomes popular, you can get third-party coaching institute ads, book publication ads, and so on. As your popularity grows, you can raise the fees for third-party advertisements.
Placing banner ads on your site featuring Product and Service related to your niche, or employers who want to have more visibility on your site, is another common monetization method.
Again, don't put too many ads on your site, as this can harm the credibility of your brand and the appearance of your site.
8. Charging Job Seekers Is the Next Frontier
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| Charging Already Employed People |
With millions of people unemployed, high-end job boards that connect qualified applicants with employers are more important than ever.
People who already have jobs will increasingly look for work that will keep them busy full-time or provide more opportunities for advancement.
While they may not be unemployed, these individuals are frequently employed in positions for which they are grossly overqualified. Or they can only find part-time work because their current employer refuses to be legally obligated to provide benefits.
This provides job board owners with a unique opportunity to differentiate themselves from the competition by providing job seekers with options that help them stand out from other applicants and secure the career opportunity of a lifetime.
While charging employers is the most common method of monetizing a job board, some job portals have found success by charging job seekers as well.
Don't let that deter you from taking a close look at the market you serve and carefully evaluating whether offering more to the most competitive job seekers might increase your profits.
After all, even if only a small percentage of applicants decide to invest in your paid offerings, your bottom line will benefit.
9. Browse Jobs
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| Browse Jobs |
It is sometimes possible to charge job seekers a monthly or weekly fee for viewing jobs in highly competitive markets. This has the added benefit of weeding out many applicants who aren't serious about finding a job.
As a result, your job board will gain a reputation for having high-quality applicants. To make this model work, you must have job listings that are unique to your site. TheLadders, which provides positions for top executives, is one such example.
If the jobs are also available for free on sites like eJobmitra, jobseekers will find out quickly, and your brand will suffer as a result. Doostang and Tennis Jobs are two more job boards that use this revenue model. Such websites typically charge between $10 and $50 per month for access to their jobs.
When considering this pricing option, keep the following points in mind:
- It is worthwhile to allow employers to post jobs for free. This will enable you to provide a broader range of job opportunities to your target audience.
- You'll probably want to manually approve each job to ensure it's qualified. This will ensure that you provide candidates with high-quality jobs.
- You can display job postings for free while hiding the contact information. You may then reveal the contact information once the job seeker has paid you.
10. Featured Resume
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| Featured Resume |
Serious job seekers are always looking for ways to differentiate themselves from the crowd, and you can benefit by assisting them in this endeavor.
By providing a featured resume package, you can have their resume appear at the top of the stack, highlighted, where employers are sure to notice it.
Another option is to allow users with a premium account to upload video resumes or cover letters, which will help them stand out in a sea of faceless applicants.
A featured resume on a specialty job board typically costs more than $100, though some sites choose to make it less expensive in order to entice more job seekers to have their resume featured.
11. Writing a Resume
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| Writing Service |
Offering resume writing Service to job seekers is another potential source of revenue. If you have enough experience, you can do it yourself. Alternatively, you can work with a professional resume writer.
If you're having trouble finding a qualified writer to work with, another option is to work with TopResume, the world's largest resume service. TopResume will review the job seekers' resumes for free and point out any errors. If they decide to use your re-writing Service, you'll get a cut of the profits.
12. Via Premium accounts
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| Premium Accounts |
Companies may create accounts on your website in the future if your website gains a good reputation and a large number of visitors. You can charge them for this. Candidates can upload their resumes to your Job News Website and obtain the job information they seek.
For the information, you can tell them about premium accounts and charge them some money. These are the primary sources of revenue for the Govt Job Portal Site. We'll give you some pointers if you want to make money from a job portal website and start your own.
Important Website Settings to Create a Govt Job Update Website
- You must ensure that your website is responsive and mobile-friendly. Because almost everyone has a smartphone, and some people use other devices. If your website is not responsive, it may not be compatible with all devices, and you may lose visitors.
- You can organize all jobs by category. Such as government jobs, private jobs, jobs based on location, experience, and so on. It will assist job seekers in obtaining desirable positions.
- You must implement a subscription system on your website. When job news is published, the subscriber will receive an instant notification.
- SEO should be applied to the website. This will help your website rank higher in search engines. This will result in more visitors to your Job Portal Website.
- A job search option should be available on your Job Portal Website. So that a job seeker can easily find a suitable position.
- You must select and create good positions in order to integrate your Ads on your Job Portal Website. You must ensure that your ads are responsive. This is visible on all devices. This raises the earnings from the Job Portal.
As you can see, all other established news outlets have already gone online. They publish the news on a regular basis, and when people receive the notification, they read it immediately online. Ads are the primary source of revenue for Job Search Sites in this sector.
So, if you can create a popular job information website, it will undoubtedly be a good and genuine source of income for you. Thank you for taking the time to read this article. If you find it useful, or if you have any suggestions for this article, please leave a comment below.
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Conclusion
These are some of the most common ways for job portals to make money. Many job portals allow job seekers to create a free account and then try to sell their Product, Service, or courses to earn money. Database sales are a significant source of revenue for any job portal.
Some FAQ's related to this Post...
Is the job portal industry profitable?
Yes, if you choose the right revenue model, a job portal business can be profitable.
What is the cost of creating a job portal?
A job portal can cost between $1,000 and $50,000.
How does a job portal function?
Free job portals connect job seekers with recruiters. They typically make money by selling job seeker databases to businesses.
Written By : Jitendra Sharma