Dallas, Texas 01/13/2014 (FINANCIALSTRENDS) – LinkedIn Corp (NYSE:LNKD) the US based online professional networking platform, may not see the numbers as a Twitter Inc does or Facebook does, but it does hold its own as a platform, given the industry-vetted, public domain professional linking, self-campaigning and brand-building opportunity it offers to everybody. The focus of performance, for the company is along 3 verticals thus far- Talent Acquisition, Marketing as well paid or premium subscriptions.
Hiring Resource game-changer
LinkedIn Corp (NYSE:LNKD) success as a platform has been its core service sector-human resources. LinkedIn does not just stop at offering a database of candidates, but nearly completes one-fourth s of the hiring process, in many direct ways, given-the built in features the platform offers.
CV of professionals, along with references, skills developed and proficiency, besides the nature of job done offer hirers an overview of professionals looking for change as well as fresher’s. the near-easy and free-access to a goldmine of profiles is an advantage no recruiter would like to miss.
Again LinkedIn Corp (NYSE:LNKD) offers massive connect with millions of potential candidates through job postings. Therefore, LinkedIn success has been on the retail front as well as at the enterprise-level, finding the exact match for those seeking a job and those who want to hire. The differentiator from other job portals is the range of features the platforms offer.
LinkedIn Corp (NYSE:LNKD) has posted good marketing solutions of $88.5 million, going beyond its advertising solutions to ‘sponsored updates.’ Mobile User statistics too indicate that much of the revenue is driven by these users and is expected to be the basis of 2014 revenue earnings as well.
The Premium Solutions segment too has brought in higher revenues recording $79.8 million, indicating a growth of 61%. The total revenue for the third quarter from just premium solutions stand at 20% for the previous fiscal.