Insights from Our CEO (JobMajestic.com)
Leading a startup has been quite a challenging journey. Having a hiring platform has been my ultimate dream ever since I founded my recruitment agency in 2016. Along the way, I faced countless rejections and skeptics advising me to solely focus on the recruitment business, as they believed running a tech-based venture posed an immense risk. Yet, looking back over the past 12 months, I am incredibly grateful for the unwavering support of an exceptional team that has helped bring our vision to life.
Today, I am excited to share with you a compilation of our remarkable achievements and significant milestones.
Here, I share some exciting updates reported by Similarweb.com, an esteemed digital intelligence platform renowned for offering insights into websites, applications, and industries across the globe. Based on our performance in June 2023, we are pleased to announce the following accomplishments:
1. Total Visits
JobMajestic.com has exhibited accelerated growth, surpassing the industry average in Malaysia. Notably, we achieved an astounding growth rate of +150.03% compared to May 2023.
2. Total Page Views
Our platform has demonstrated exceptional growth, recording a remarkable increase of +560.06% compared to May 2023. The tremendous growth in page views was indicative of the value we provide as the most practical job matching platform, offering higher earning and career growth opportunities to jobseekers. This growth showcases the effectiveness of our approach in connecting jobseekers with roles that align with their aspirations. Additionally, our innovative talent matching product, TRAIN (Talent Relevancy Artificial Intelligence eNgine), provides jobseekers with a job relevancy scoring meter, along with detailed analysis showing why they are relevant or not relevant.
3. Pages Per Visit
JobMajestic.com has achieved an impressive second-highest ranking among all job sites in Malaysia. This achievement reflects the high level of engagement our jobseekers have with the job postings on our platform. The higher number of pages visited per user offers a range of benefits, including improved engagement, enhanced user experience, increased conversion opportunities, and the potential for SEO benefits.
4. Bounce Rate
We take pride in the quality of traffic on JobMajestic.com, as our bounce rate stands out as the BEST among all job sites in Malaysia. It’s a strong indicator of user engagement at the platform and it’s not just a vanity metric, it’s a meaningful indicator of a serious and successful business which understands its audience, delivers value through right and high-quality content and prioritizes user experience.
5. Organic Search Traffic
Our innovative talent matching product, TRAIN (Talent Relevancy Artificial Intelligence eNgine), has garnered the trust of jobseekers, leading to an impressive organic search traffic share of 64.89% compared to all job sites in Malaysia. This increases our confidence in serving our employers and jobseekers that higher organic traffic signifies that JobMajestic.com is meeting the needs and expectations of our jobseekers while also earning the trust of search engines.
6. Job Posting Revenue
In addition to our exceptional digital performance, I am delighted to share that our job posting revenue has experienced robust growth in June 2023, surpassing our previous highest monthly revenue by a remarkable +220.8% month-over-month (MoM) increase. Notably, in just three months of the new financial year, our year-to-date revenue performance has already achieved 55.9% of the overall revenue results from the previous fiscal year.
7. Candidate Database & Job Application
The introduction of our groundbreaking product, TRAIN, which stands for Talent Relevancy Artificial Intelligence eNgine, has yielded exceptional outcomes. We’ve witnessed a remarkable +319.4% MoM growth in new candidate registrations in June. This growth in registrations has correlated with a +296.6% MoM increase in candidate applications on our platform’s jobs at JobMajestic.com.
Final Remark
In the dynamic landscape of today’s online technology industry, we acknowledge the heightened intensity of competition. It’s a challenge we embrace with open arms, driven by an unyielding commitment to excel.
In closing, I wish to extend our heartfelt gratitude to all stakeholders – our valued clients, esteemed partners, and dedicated employees – for their unwavering support in achieving these critical milestones at JobMajestic.com. Your commitment and trust have been integral to our success. Here’s to a future brimming with even greater achievements and prospects.
Thank you and let us anticipate the many more remarkable endeavors ahead.
Chief Executive Officer, JobMajestic.com
