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Building a niche job board: 1 month in

A wise man once said to me that if you want to have a successful online business you can either be in a niche or be an aggregator.

This is almost certainly not true. But I think it's a good framework for thinking about project ideas all the same. Job boards are interesting to me because they kinda straddle the two.

Really successful job boards like WeWorkRemotely or Crunchboard have a clearly defined niche...but they also aggregate demand in the sense that they become one of the go to places for people looking for jobs in those areas.

They're are also incredibly capital-light and easy to get off the ground. So after my last marketplace project didn't work out, I thought it would be fun to try to build one.

Deciding on a niche

My last project was a marketplace for music lessons. I can barely strum a guitar and don't know anything about giving music lessons. It quickly became apparent to me that this was a problem and also made my less willing to stick with it when things got tough.

Didn't want to make that mistake again. My background is in finance and a lot of my friends work in accounting/finance too. Perfect. Lets make a job board for accounting/finance professionals in Ireland.

In fact lets go even more niche and build a job board for accounting/finance professionals in Ireland who have recently attained a professional qualification (it's very common for people to look for a new job once they've got that CPA/ACCA/CFA).

One of the joys about building things in smaller countries is that there are plenty of domain names available. I wanted to keep things as simple as possible so after about 2 mins of thinking I registered qualified.ie.

Launching quickly

I spent days agonising over every little detail on my last project. Stupid stupid stupid. I know my way around bubble (nocode fanboy here) and and this time managed to build the first version of my job board site in about 3 days. Not the prettiest job board site of all time but done is better than perfect.

I actually bought this template for $99, but ended up deleting and rebuilding so much that I might as well have started from scratch and saved the money. Oh well.

I manually scraped about 40 listings from LinkedIn/other sites and we had something that maybe somebody somewhere might possibly potentially look at.

Distribution > Product

The end goal of qualified is to get recruiters/companies looking for candidates to advertise on my site. But of course there's not a hope in hell they'll do so unless you can prove that you will actually deliver them a stream of high quality candidates.

So to crack this chicken and egg problem I need to build up demand (i.e. traffic from people looking for jobs) and THEN go to the potential advertisers. The immediate problem to is therefore getting job-seekers to regularly visit the site.

"Build it and they will come".

Except they almost definitely won't. Got sucked into buying google/fb ads on my last project and don't want to go down that road again (at least not at this early stage). So how do you get accounting/finance professionals interested in your little job board?

Focusing on ONE channel

I've been going through Doing Content Right by @stephsmith over the past couple of weeks. She recommends starting off by exploring 1-3 distribution channels. This sounds smart.

But a good question to ask might be: What's the best distribution channel for a finance/accounting job board? I have absolutely no idea.

So I decided to start off with Instagram. No real reason. I put up some accounting memes and started following people who already followed the local accounting society page. I put up instagram stories every day that highlight the latest job listings. And it's kinda slightly working?

Exactly 26 days after qualified.ie went live, the site has had 212 unique visitors. 30 people have also signed up for our email list (I started sending out a weekly newsletter with all the jobs added during previous the week). These aren't earth-shattering numbers. But it's a start.

Next steps

I'm manually scraping 3-5 job listings per day and posting them on qualified. I'll continue to do this and have a think about alternative distribution channels. I'm also building an interactive salary tool estimator (think glassdoor meets ubersuggest) that I hope will build a bit of buzz.

We'll see where this goes.

on October 13, 2020
  1. 4

    Forgive me but I'll just leave this here: https://appsumo.com/niceboard/

    1. 1

      Haha this is probably the most appropriate self-promotion of all time!

      Looks really good. May come back to you when I actually start generating a bit of revenue and can justify the cost.

  2. 4

    Amazing progress so far!

    Love your mentality of keeping things as simple as possible. I've experienced the exact same problems throughout my past projects and have also learnt to now streamline everything.

    At what point would you consider reaching out to recruiters and asking them to pay for a job listing?

    1. 2

      This is a good question and I honestly don't know.

      The whole (hypothetical) value add is that you can get the recruiters a high quality stream of candidates and do so more cheaply than LinkedIn. This is not easy. I have lots of gripes with LinkedIn, but everyone is on there.

      I think once I have c.200 email sign ups I'll try and arrange some informal chats, but that's a purely random number that is subject to change.

  3. 3

    Fellow bubble developer here... great that you could build in just 3 days.

    Curious to know what happened to your marketplace for music lessons (being a musician myself, been thinking about this niche for a while). If possible, please share a link :)

    1. 1

      I spent about 7 months building StringTheories. The idea was to build a marketplace for music lessons in Ireland. Most people find their music teachers here via Gumtree or word of mouth, and I that marketplaces such as takelessons and Wyzant existed in the US so there might be a gap to replicate them. Probably got about 30 people to start taking lessons via the site, but I've stopped working on it.

      In hindsight I spent far too much time building the product and not enough time thinking about distribution. Therefore I ended up spending quite a bit on Google ads and just generally losing heart. If you're thinking of something similar, I would caution:

      • Marketplaces are hard.
      • Consumer marketplaces are even harder.
      • Consumer marketplaces where the average ticket sizes are low and the relationship is monogamous are even harder again.

      If you have any specific qs let me know

  4. 3

    Congrats on the early traction. Keep going!

    (And thanks for reading my book and for building in the open) 😊

    1. 1

      Cheers Steph! Some great stuff in DCR.

      Still not 100% convinced on building in the open but I said I'd try it out and see what happens

  5. 3

    Nice progress! I'm also building a career site for university recruiting (https://techinternship.io) and can relate to a lot of what you've said. For me, the major channels are Linkedin and Reddit, but since I'm targeting students I want to start hitting Instagram and TikTok maybe.

    Do you have any advice for promoting a career site on Instagram? Memes? Just daily posts about jobs? Idk.

    1. 1

      How are you targeting people via LinkedIn? It had crossed my mind that it would be a good channel (particularly as you can narrow by company/experience), but couldn't figure out how you'd do it...

      Instagram is a tricky one. Job listings are not something that lend themselves particularly well to visuals. What I've done is repost stuff from accounting meme pages (yes there is such a thing!) and also posted daily stories of new jobs which are basically a bit of text on a plain red background. These stories do get some interaction and drive a bit of traffic/email sign ups. I'm sure there's much more I could be doing better, but it's getting me SOME traffic at least.

      I think it's the best you can do with the nature of job listings. I was recently talking to a guy who started a car dealership and left the conversation very jealous. He's built up a sizeable instagram following in only a couple of months - turns out pictures of premium cars are much insta-friendly than job listings!

  6. 2

    Great job Alex. Congrats on spinning up the site so quickly! :)

    As you mention, the product is easier than distribution. I've recently started reading "Traction: How Any Startup Can Achieve Explosive Customer Growth" and have taken away a few learnings about the 19(!) distribution channels it covers.

    Let me know if you need beta users for new features or someone to bounce ideas off at any stage!

    https://www.amazon.co.uk/Traction-Startup-Achieve-Explosive-Customer-ebook/dp/B00ZE96ZWY/ref=tmm_kin_swatch_0?_encoding=UTF8&qid=1602705518&sr=8-2

    1. 3

      Cheers Pete! Just bought Traction and I'm actually working something now that I may well get onto you about.

      Must have a chat about Get Video Chat someday too.

  7. 2

    Just curious, what online communities do CPA/ACCA/CFA holders hang out in? Do you think they might be part of some Facebook / Twitter groups? Maybe study groups?

    1. 1

      An excellent question. There are plenty of online communities for international CPA/ACA/CFA students, but not any Irish ones (as far as I can see). It is a VERY niche community I suppose.

      I tried to sponsor the local chartered accountants society, but unfortunately they're already sponsored by a a recruitment company and didn't want to be perceived as having a conflict of interest. It's something I'm thinking about though.

  8. 2

    This is great, love the way you implemented your ideas.

    1. 2

      Thank you! Fingers crossed I can keep it up.