May 31
I was quoted on the Wall Street Journal today. It was completely independent of what we are doing here at Emerging Demographics, but still a nice thing to be referenced.
Hopefully at some point the WSJ will find it appropriate to do a piece on our company…
Popularity: 73% [?]
June 10th, 2007 at 1:57 am
I was researching your LatinoHire site and trying to understand your revenue model. It seems you started out offering the service for free on both ends (job seeker and job poster) and then increased to a paying scale over a short period of time (i.e. now $69 to post a job and another fee to search). Am I correct in understanding what you did? How many months did the 1st tier of free pricing continue? Did you just generate revenue from ads during that time, or is there something else I’m missing? I think your company’s fantastic, just very curious to know more about how you structured the revenue in the various stages.
Jill
June 13th, 2007 at 3:45 pm
Hi Jill,
Yup, you got it pretty much right. We started the company offering the service for free and experimenting with all sorts of value-added up sells. Now that we have been around for a while we charge 69 for posting, and 99 for a week of searching our database. When we enter a new market we usually give away the job postings as we cement our position in the marketplace.
Thanks for reading.
Eli