Career Builder posts

Feed

Career websites to duke it out in Super Bowl ads

With a larger chunk of Americans out of work -- larger than have been in a long time -- leading job search sites Monster.com and CareerBuilder will be looking to gain their share of that market with commercials during the Super Bowl (subscription required). The problem is that these companies make their money from charging fees from employers that advertise on the site. The plethora of people looking for jobs doesn't help their earnings. Instead, they are being crunched by the dwindling number of companies looking to hire.

Monster's parent company Monster Worldwide (NYSE: MWW) is hoping the ads will draw attention to its redesigned website that will debut in January.

According to The Wall Street Journal, many observers question the huge investment required for these ads (as much as $3 million for a a 30-second spot) and believe that since both companies already have strong name recognition, they would be better off investing the funds to attract revenue-generating employers.

Career Builder's chief marketing officer, Richard Castellini, disagrees and says that the ads will also appeal to potential advertisers: "How many of those viewers are corporate buyers? A large percentage."

But surely there are more targeted ways to connect with human resources people for less than $100,000 per second.

Symbol Lookup
IndexesChangePrice
DJIA-89.2312,801.23
NASDAQ-23.352,903.88
S&P 500-9.311,342.64

Last updated: February 11, 2012: 09:41 PM

Hot Stocks

General Electric

18.875-0.255(-1.33)

Alcoa

10.29-0.35(-3.29)

Apple Inc

493.42+0.25(+0.05)

Google Inc 'A'

605.91-5.55(-0.91)

Bank of America

8.07-0.11(-1.34)

Wal-Mart Stores

61.90-0.06(-0.10)

Exxon Mobil Corp

83.80-1.08(-1.27)

Ford

12.44-0.25(-1.97)

Citigroup

32.925-0.735(-2.18)

IBM

192.42-0.71(-0.37)

Yahoo

16.14+0.14(+0.88)

Starbucks

48.82-0.38(-0.77)

Microsoft

30.495-0.275(-0.89)

Home Depot

45.33+0.06(+0.13)

DailyFinance Headlines

AOL Business News

BioHealth Investor Headlines

Sponsored Links

My Portfolios

Track your stocks here!

Find out why more people track their portfolios on AOL Money & Finance then anywhere else.

BloggingStocks Partners

More from AOL Money & Finance

Page Loaded in 1329014477379 ms.