adplus-dvertising
Connect with us

Business

Rethink Your Job Search Strategy: Think Like a Marketer

Published

 on

Impress Your Interviewer with Your Questions — Part 1

Most people start looking for a job out of necessity (e.g., laid off, fired, their job was outsourced, the business closed) without a plan of action or any sense of direction, applying haphazardly to jobs posted online, in panic-like mode.

Furthermore, most job seekers do not view a job search as a marketing campaign. If they did, they would succeed much sooner in their job search, landing a job aligned with their skills, career goals, and “would-like” compensation.

Marketing is all about strategic, tactical positioning.

As a job seeker, you are an expensive product that needs to convince employers that you will solve a problem the company has and earn your keep.

Like any valuable product, you need solid positioning and a go-to-market strategy. A marketing strategy is guided by five Ps:

  1. Product
  2. Price
  3. Promotion
  4. Place
  5. People

 

Similar to a marketing strategy, a successful job search strategy has its own five Ps:

  1. Positioning
  2. Process
  3. Persistence
  4. Presentation
  5. Personality

 

“Don’t just accept whatever comes your way in life. You were born to win; you were born for greatness; you were created to be a champion in life.” — Joel Osteen, American preacher, televangelist, and businessman.

I have yet to meet a job seeker who would not benefit from mapping out some concrete steps, with milestones, that will actually lead them to the employer and job they want rather than simply accepting the job they happen to get, which is the case for most job seekers, and why many employees are unhappy. (They are in the wrong room.)

Using the five Ps of a successful job search strategy, you can create and execute a job search strategy that will yield the results you desire.

  1. Positioning

Before you begin your job search (networking, reaching out to employers, submitting applications), identify what makes you valuable to an employer. In other words, answer the question: Why should an employer hire you?

Create a unique value proposition (UPS) that will differentiate you from other job applicants. Carefully review the job requirements and the employer’s culture. Assess how your skills and experience match the job requirements and how you are a “fit.”

  1. Process

Hunting for a job requires strategic thinking. Rather than simply applying to job listings, focus on companies you want to work for. With so much churn happening these days, your preferred employer likely has some openings, giving you a chance to get your foot in the door. If there are no current openings, introduce yourself—and then maintain regular contact—along with your background and what value you can bring to the person overseeing the department you would like to work for so your name will be top of mind when an opening does arise. (A job search is a marathon, not a sprint.)

Do your homework on your target employers (e.g., their market, their competitors, and what pains they are experiencing). Obtain information that will impress a hiring manager.

  1. Persistence

Top talent can spend six months to a year job hunting before they land an ideal (keyword) offer. Job searching requires lots of stamina!

The trick to staying motivated? Set small, attainable goals and milestones to make you feel like you are making progress. For example, attend one networking event per week and establish one professional relationship.

  1. Presentation

I am all about the elevator speech. Give me a brief overview of who you are, what you do, and what value you can offer. Sadly, many job seekers boast about their abilities without giving concrete examples.

“Hello, my name is [your name]. I’m a digital marketing specialist and have been working in agencies for the past five years. I’ve helped [number] clients streamline their digital marketing strategies and increase their revenue on average by X%. I’m now looking to apply my skills and knowledge within a healthcare organization.”

Your elevator speech should not exceed 60 seconds.

The importance of being comfortable with your elevator speech cannot be overstated. Record a video of yourself to see and access your body language. Eye contact, hand motions, posture, and tone of voice are all critical nonverbal cues during a job interview.

  1. Personality

Present yourself to your interviewer as a person, not just as a professional. Hiring managers rarely hire solely based on a candidate’s credentials. This is why they often ask about a candidate’s personality along with making their own judgment.

Consider how your personality traits relate to the position you are interviewing for. For example, for a customer service job, you might say, “I’m a problem-solver by nature. My immediate goal when I speak to a customer is to resolve their issue as quickly and efficiently as possible.” For an administrative assistant job, “I’ve always been an extremely organized person, a skill that served me well in my last job, where my attention to detail helped save the company ten percent on a major account.”

When looking for a job, consider how you see yourself. See yourself as a solution to an employer’s problem. Market yourself as a solution. Think like a marketer!

_________________________________________________________

 

Nick Kossovan, a well-seasoned veteran of the corporate landscape, offers “unsweetened” job search advice. You can send Nick your questions to artoffindingwork@gmail.com.

Business

Chorus shareholders vote to approve sale of aircraft leasing business

Published

 on

 

HALIFAX – Chorus Aviation Inc. says its shareholders have voted to approve the sale of the company’s regional aircraft leasing business to HPS Investment Partners.

The Halifax-based company says the $1.9-billion deal was greenlighted by 98.1 per cent of votes cast by shareholders at a special meeting. The transaction needed approval by a two-thirds majority vote.

Chorus also says the waiting period mandated under U.S. legislation has expired and that it has received approval from Ireland’s Competition and Consumer Protection Commission.

Chorus announced the sale of its plane leasing business to New York City-based HPS in July for $814 million in cash and $1.1 billion in aircraft debt to be assumed or prepaid by the buyers at closing.

The deal marked a one-eighty for Chorus, which bet big on aircraft leasing just two years earlier by buying London-based plane-leasing outfit Falko Regional Aircraft Ltd.

Chorus, which also provides regional service for Air Canada via Chorus subsidiary Jazz Aviation, says the sale remains subject to the other regulatory approvals and customary conditions.

This report by The Canadian Press was first published Sept. 25, 2024.

Companies in this story: (TSX:CHR)

The Canadian Press. All rights reserved.

Source link

Continue Reading

Business

AGF Management reports Q3 profit down from year ago, revenue higher

Published

 on

 

TORONTO – AGF Management Ltd. says its net income attributable to equity owners totalled $20.3 million in its latest quarter, down from $23.0 million in the same quarter last year.

The investment manager says the profit amounted to 30 cents per diluted share for the quarter which ended on Aug. 31, down from 34 cents per diluted share a year earlier.

Total net revenue for the quarter amounted to $102.0 million, up from $84.0 million in the same quarter last year.

On an adjusted basis, AGF says it earned 37 cents per diluted share in its latest quarter, up from an adjusted profit of 34 cents per diluted share a year ago.

The company says its total assets under management and fee-earning assets totalled $49.7 billion at Aug. 31, up from $42.3 billion a year earlier.

Kevin McCreadie, AGF’s chief executive and chief investment officer, says the company was pleased to see early signs of improvement with positive retail net flows complementing its solid investment performance amid an uncertain economic backdrop and significant market volatility.

This report by The Canadian Press was first published Sept. 25, 2024.

Companies in this story: (TSX:AGF.B)

The Canadian Press. All rights reserved.

Source link

Continue Reading

Business

Cannabis Retail Blues: To much Stock, to Few Customers

Published

 on

As of January 2024, Canada is home to more than 3,600 recreational cannabis retail shops and this number is increasing annually with a single store to every 10,000 Canadians. The retail sector has been facing multiple challenges and one is surely overabundance of stores within smaller communities. Too many retailers compared to users of cannabis. The use of cannabis has remained relatively the same, while multiple retailers and online sales forces are competing for this marketplace.

Failures within the retail field are not a surprise, as Tokyo Smoke closes its multiple stores, and most shops’ profit margins remain small and diminishing over time. Mass closures may happen within certain provinces such as Ontario where situations of multiple retailers are situated right beside a competitor. Massive amounts of revenue have been collected by provincial governments while these stores remain open to every possible financial flux possible.

The black market remains healthy and profitable. An excuse to legalize pot was to challenge illegal pot sales and make it difficult to sell this pot outside of legal means. 22% of Canadian pot smokers get their supply from the black market. They say the pot tastes better and is slightly less costly. Legal pot management is costly and this cost is passed onto the customer. With gummy sales growing, the cost of management by legal means is difficult and costly too.

It seems the government may need to rethink its policy regarding cannabis and the possibility of legalizing further types of illicit drugs in the future. A total ack of imagination exists within the policy network where old-fashioned prejudice towards addiction and the use of narcotics is seen as criminal and threatening to society. All the while the number of traffic stops due to drivers under the influence of narcotics continues to grow, and the use of drugs by the youthful generation continues to be a problem. A solution to our society’s problems will never come from present-day authorities.

Steven Kaszab
Bradford, Ontario
skaszab@yahoo.ca

Continue Reading

Trending