Hireology is excited to announce that our Sourcing Insight has been named runner-up in the DrivingSales Most Valuable Insight 2018 at DrivingSales Presidents Club, the premiere event for dealership owners and general managers.
For the annual DrivingSales Most Valuable Insight Competition, retail automotive industry professionals are tasked with providing an insight, founded on original research, which can provide significant value to dealership executives. A panel of top Dealer Principals/Owners and General Managers from innovative dealerships across the U.S. chose five finalists based on comprehensive online applications. Each finalist was invited to share their research findings and insights live on stage at the DrivingSales President Club event, in front of with the highest-level dealership executives to foster inspiration, progression, and celebration of a better automotive retail industry.
The Most Valuable Insight Competition encourages automotive professionals to provide an innovative insight supported by research and dealer experience that dealer executives can apply to their operations and achieve competitive advantage.
Hireology Sourcing Insight: Save Money By Optimizing Job Board Spend
Dealers know, in great detail, which lead sources are converting to car sales on a daily basis. This same level of attention and data-based decision making should be applied to the most critical component of a dealership – hiring quality people. With dealerships facing declining profit margins and competition from disruptive business models, it’s more important than ever before to hire the best teams and turn employees into a source of competitive advantage.
Hireology’s new Sourcing Insight answers the question, “What is my best source of applicants?” and provides clear visibility into the total number of applicants, quality candidates and hires by source. The Insight further provides central visibility into sponsored job board performance, including total sponsored posts purchased, dollars spent, quality applicants sourced, and average cost per quality applicant.
Sources that deliver a high quantity of poor applicants will only waste a dealership’s team’s time and recruitment budget. By leveraging Hireology’s Sourcing Insight, dealers can improve the return-on-investment for their recruitment budget by vendor or channel, ensure quality hires are being made to drive profitability and ultimately save the team time so they can focus on revenue activities.