Bryant M
Experienced in Recruiting/Staffing only the Best Talent across all Industries. Visit our website: www.jtlservices.com
Whare are you finding as the hottest and profitable verticals in this economy?
Answers (4)
Chue M
Consulting (IT)
Best Answers in: Computers and Software (3), Facilities Management (1), Enterprise Software (1)
Hi Bryant, I haven't seen too many profitable businesses currently from all the quarterly reports, but I can see a trend in my vertical.
The IT vertical market would consider to be doing o.k. - when referring to IT, I'm referring to datacenters, managed providers, and IT solutions providers in certain verticals.
Many companies are looking to cut costs, cut overhead, and total cost of ownership. IT has always been an expense dept. and companies cut back by transitioning this service externally to an outsourcing provider. They don't require a staff of 4 to manage 200 internal customers, but 2-4 to manage 1,000+ external customer if the metric is right.
Wendy A
Business Developer and Corporate Talent Scout: "The Recruiter's Recruiter"-> wendy@integrityrg.com
Best Answers in: Staffing and Recruiting (2), Job Search (1), Resume Writing (1)
Hi Bryant! We recently chatted by phone and connected...nice to see you out here. My answer may be too broad, but I am seeing "life" in accounting/finance and energy (hires are happening). What are you seeing?
Industries that supports entertainment.
Movies earn more during recession years. Vice industries do just fine. Identifying the support and capital industries that keep those industries up.
Go into a casino and see how much it costs to keep these places up and running. From customer services, security, food service, and hotel management to even electricians, building maintenance and accounting.
Read the credits from a movie (if you dare) and you'll see how much support industries keep those things up and running.
That's what I think, but there are plenty more to look into that are perhaps better options for staffing.
Hi Bryant
I am finding the Federal government (as a customer) is an interesting study in vertical marketing and supply. The largest government contracts can best be served by some of the largest companies in the United States. Yet, Federal law requires various levels of non-large company involvement as well. What is required from the bidding company is some sort of integration with small businesses. There are many other nuances here, but the net effect is the bidding companies are developing a vertical supply chain so they can compete. Sometimes these are formal joint venture arrangements, but there is also an informal network of associated companies seeking to associate for win-win strategies. The award of a contract is based on the BEST VALUE to the government (you and me). Notice I do not say lowest cost. This creates an environment of small and large companies being awarded fair profits. This may not sound hot, but it is very active, creative and profitable.
