Monster, CareerBuilder plan TV Super Bowl ads

NEW YORK -- The nation's two largest online job-listing companies will again go head-to-head on the biggest advertising stage — the Super Bowl — for strong field position in these tough economic times.

Monster is ramping up marketing as the U.S. jobless rate was at a 14-year high of 6.5% in October.

While that rate is bringing lots of job hunters to Monster.com and CareerBuilder.com, it is not necessarily boosting the fortunes of the job sites.

That's because job seekers use both Monster and CareerBuilder services for free — it's employers who pay to post job listings. Cash-strapped employers who are cutting jobs these days have few or no openings to post.

Monster's revenue growth will remain "challenged" as many of its big clients — such as financial services, retail, manufacturing and construction companies — deal with revenue troubles of their own, CFO Tim Yates said during its Oct. 30 third-quarter conference call. "We are well aware of the weakness in the global job market, and none of us knows the depth and length of this recession."

CareerBuilder, which has "seen a decline in the listing volume," is targeting a "dual audience" of both job seekers and employers with its upcoming Super Bowl XLIII commercials, says Richard Castellini, chief marketing officer. While the ads will help its sales force sign up more employers, CareerBuilder also "needs to make sure (it) has brand awareness with job seekers," he says. "Our job is to always make sure we have enough traffic to properly funnel to our employers' jobs."

Monster is also trying to reach both groups with its Super Bowl ad buy — and to tout a website revamping that cost "several hundred million dollars," according to CEO Sal Iannuzzi. The site's redo, launching Jan. 10, includes advanced search tools and better ability to upload résumés.