Naukri.com : Case Study, Company Profile, Founding Members, and Many More.


Naukri.com
Naukri.com
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With the expansion in populace, the requirement for occupations is additionally expanding step by step. Nonetheless, a many individuals in our nation are as yet jobless or enjoyed occasional work. Individuals additionally face trouble securing positions for them because of the organizations’ inaccessibility of data and opening.

Naukri.com is one such organization that tackles this multitude of issues for individuals. It assists them with securing the most proper positions for them in light of their capabilities. Naukri.com has a large number of guaranteed positions enlisted on its entrance, and individuals can see the most appropriate positions.

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Type of siteJob search engine
Available inEnglish
FoundedMarch 1997; 24 years ago
HeadquartersNoida, India
Area servedIndia
Founder(s)Sanjeev Bikhchandani
IndustryInternet
ProductsResume Database, Job Postings, Branding Solutions, e-Apps, Career Site Manager, Cloud Products
ServicesOnline employment
Employees1001-5000
ParentInfo Edge
URLwww.naukri.com
CommercialYes
RegistrationRequired
Current statusActive

NAUKRI.COM STARTUP – ABOUT THE FOUNDER SANJEEV BIKHCHANDANI

The organization got established by Sanjeev Bikhchandani, who finished his Bachelors in Arts from the esteemed St. Stephen’s College, Deli University and MBA from IIM Ahmedabad. Sanjeev is likewise the organizer, and Vice Chairman of Naukri.com’s parent organization, Info Edge.

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Sanjeev Bikhchandani, Founder & Vice Chairman,Info Edge India Ltd. Info Edge owns Naukri.com, Jeevansathi.com, 99acres.com, shiksha.com

Bikhchandani is the beneficiary of India’s fourth-most noteworthy non military personnel grant, Padma Shri, and he is the 68th richest man in India as indicated by the Forbes India Magazine, with a total assets of $2.1 billion.

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THOUGHT OF NAUKRI.COM

While Mr. Sanjeev was utilized with HMM, he worked in an office premises which was not so sumptuous as we have in our current work space. He used to sit in a lobby with his companions and what he saw is that at whatever point a Business India magazine comes to his office all were occupied in perusing it from begin to end. In the magazine, there were arrangement promotions which everybody was quick to know and examine about, however nobody was prepared to switch this is on the grounds that everybody was happy with the advantages and Compensation Company was advertising.

Along these lines, by the discussion encompassed by him, he saw that “Regardless of whether you are not searching for a task, you search for a task. You are continually searching for another benchmark and looking at assuming you are absent on anything” and he additionally observed that not every one of the opening are distributed in those magazines, some were covered up and those amazing open doors can come to you when any talent scout used to call to the chose applicant.

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By this whole everyday situation he dissected the market and sorted out that anything open positions are distributed they are only a hint of something larger. He comprehended the market potential that was beneath the surface, profoundly divided and dispersed between HR offices and specialist.

He reached the resolution after all statistical surveying that this can be a strong item and one can make great measure of cash. So not simply he kept his thought on a piece of paper, yet in addition carried out it and you can see where it stands today.

EXCURSION AND GROWTH OF NAUKRI.COM

The organization started as a bootstrapped fire up when the Internet was in its early stages. Not long after its send off in April 1997, Naukri.com’s income in the principal year was INR 2.35 lacs, having accepted their first check following a half year of beginning the business, essentially in light of the fact that they never requested cash before.

Then, at that point, in October 1997, they conveyed a letter to 3,000 organizations about Naukri.com and its administrations. Before long, from INR 2.35 lacs, one year from now when deals rose to INR 18 lacs, Sanjeev understood the gigantic capability of the business.

It got some investment subsidizing in the year 2000 and has been acquiring benefits starting around 2002-03.

From an underlying start as a task posting website page to an undeniable web-based enlistment organization that has a data set of more than 2.5 million resumes, in excess of 1,500 corporate clients, and extended income of INR 400 million.

Naukri.com is currently an organization which has all the possibility to develop and contend with different organizations in a similar space. Naukri.com acquires $ 28,555 every day and assessed its worth as $ 30,839,400. Naukri is an INR 300 billion brand now and obviously 70% of our incomes and 120% of benefit come from Naukri.

BUSINESS AND REVENUE MODEL

Naukri.com plan of action is separated into two sections:-

1) B2B – Its fundamental item is RESDEX which gives start to finish enrollment administrations to different corporate organizations beginning from little to large goliaths. The administrations proposed to the organizations resemble continue information base overabundance, opening posting, email advertising, SMS showcasing, and so forth Significant piece of the organization income is created through this channel.

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Naukri.com Business Model StartupTalky

2) B2C-The Company offers different administrations like resume composing, profile upgrade, selection representative reach and a few premium positions to the gig searchers.

The organization is producing income from space selling instrument which means publicizing different organizations straightforwardly or by implication on its entryway creating $2128 USD each day and $ 63,854 USD month to month.

ADVERTISING STRATEGY OF NAUKRI.COM

The organization has faith in cross channel advertising to expand its perceivability and unwavering quality among the interest group. As it is unimaginable to expect to see the shore of the ocean similarly their objective market isn’t having any limits.

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a) Digital Platform

The greater part of the traffic on Naukri.com site is coming from natural way and it contributes around 51.23% of all out traffic and the remainder of the traffic is coming from the underneath referenced classifications.

1) Search Engine Marketing:-

It incorporates both natural advertising as well as inorganic. Natural means from where the traffic is falling into place without any issues that is SEO, while inorganic means the traffic is coming from the paid structure. 26.7% of all out traffic is coming from Search motor advertising and SEO contributes 96.16% of all out look while the remainder of the traffic to its site comes from a paid type of web index showcasing.

2) Social Media Marketing:-

Online Media advertising contributes around 1.25% of absolute traffic to its sites in which Facebook contributes around 70 % of the traffic and rest 30% comes from Twitter, LinkedIn, and YouTube and so forth

3) Email Marketing:-

Email advertising is probably the most ideal way to construct the relationship with the possibility client by sending them normal updates according to their need and on account of Naukri.com it contributes around 5% of the absolute traffic to its site.

Significant piece of the traffic is coming from India, which contributes of around 92% of the complete traffic while the remainder of the traffic comes from U.S., U.A.E., Pakistan and Japan.

b) T.V. Ads:-

They concocted 2 TV ads which were extremely interesting at last, one was Mr. Hari Sadu and the second was to advance the Naukri application.

Each organization is impacted by inner variables and outside factors. The inward factors which influence the organization development are Strength and shortcoming while outside factor which influences the association development is an open door and a danger. The examination of each variable which is for and against the association development is as per the following:-

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CONCLUSION

1) Naukri.com has the primary mover advantage. It is as yet paying off till date with naukri having the best brand review as far as occupation entrances.

2) It is positioned as India’s number#1 place of work on all boundaries site hit, reach, and traffic.

3) It enjoys the benefit of an unmistakable income model since its beginning. While it has a couple of administrations that are free to both work searchers and occupation suppliers, most of their administrations are paid for by the selection representatives.

4) It gives advices and ideas to work searchers on continue, interviews, pay arrangements and so forth

5) An enormous information base of Job Seekers and suppliers.

DRAWBACKS

1) Employer Branding on Naukri.com is not really noticeable, which is a significant item blemish on the entry.

2) There is a significant degree of whittling down.

 OPPORTUNITY:-

1) To convince more organizations to use the entry by underlining lower enrollment costs.

2) To convince more workers to post their resume on site.

3) To coordinate all the more intimately with the HR division of different organizations.

4) Internet clients are expanding step by step.

THREAT:-

1) Improved administrations and contributions by contenders.

2) Newly arising serious work entrances.

AWARDS

1) In 2006 – Received the Consumer Connect ‘Mission of the Year’ grant for the Hari Sadu Commercial at the Advertising Club, Kolkata.

2) In 2006 – Received the “Distraction Asia 100” 2006 honor for the INSTA HIRE Solution.

3) In 2007 – Won the ‘Best TVC India and South Asia’ at the CASBAA TV Advertising Awards 2007 for the Hari Sadu “Verbally abusing” business.

4) In 2012 – Naukri.com has been perceived as the best characterized site at the second release of the India Digital Awards coordinated by the IAMAI.

5) In 2014 – Bagged the Best Website of the Year (WOTY) grant in the vocation and schooling fragment by Metrixlab.

NAUKRI.COM – FUTURE PLANS

A portion of the forthcoming plans of the organization are as per the following:

They will make their site more available and simple to use for its clients.

Naukri.com is intending to make a shockingly better climate for its workers later on.

It is additionally wanting to twofold its income and client base before the finish of the 2024 monetary year.

FAQ

Why should I register with Naukri.com?

Naukri.com helps you find the right job matching your aspirations.

How does Naukri work?

Naukri is a platform where recruiters and jobseekers can discover each other. Recruiters benefit from Naukri as they can advertise their jobs to millions of jobseekers. Jobseekers can discover over 5 lakh jobs posted on Naukri and apply to them.

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Does it cost to create a Naukri profile?

No, creating a profile on Naukri.com is absolutely Free of Cost. Applying to jobs in Naukri is also Free of Cost.


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