Showing posts with label 2008 Industry Survey. Show all posts
Showing posts with label 2008 Industry Survey. Show all posts

Monday, May 11, 2009

Analyzing The Professional Resume Writing Industry

I received an e-mail today from a professional resume writer who was wondering if I knew how many professional resume writers there are out there. Because we conduct an annual Industry Survey, I think I've got a pretty good handle on this. I'll share the results that I gave to her.

My research shows that there are approximately 4,000 to 6,000 resume writers in the U.S. But some of those are career counselors who write resumes only occasionally (or who "consult" on resume writing, but don't write them themselves). Some of those are secretarial and typing services that "do" resumes, but don't necessarily focus on the craft of writing as heavily.

Many people trying to get a handle on the industry just look at the number of resume writers who are listed under "Resume Writing" in the Yellow Pages (SIC Code 73380101 = "Resume Writing Service"), but this is under-reported, according to my analysis. 

Current SIC Code counts are between 800-1300 resume firms -- but my own database shows more bona-fide resume writers than this. (My database is compiled from these Yellow Pages listings plus the major professional associations, plus "self-reporting" resume writers -- that is, they don't belong to associations and don't list themselves in the Yellow Pages, but still write resumes. Some of these might be those secretarial and typing services that also offer resume writing -- or even career coaches/life coaches/therapists who write resumes but don't advertise that service publicly. Others are "newbies" who haven't yet launched their businesses and therefore don't advertise.)

Also, there is no measurement  of what a "bona-fide" resume writer actually is. Do they write 1 resume a week, or 10? Are only certified resume writers counted (not the way I count them!). Do they have to actually WRITE resumes, or can they provide feedback to clients to help them write their own documents (I count both).

One analysis of a commercial mailing list targeting Resume Writing Services found 1012 listings.
1-4 employees -- 777 businesses
5-9 employees -- 141 businesses
10+ employees -- 94 businesses

I didn't find their sales data to be believable, so I won't share that information.

Businesses that are a single entity -- 921 (91%)
Businesses that are a headquarters for multiple branches -- 64

Years in business:
Under 1 Year - 10
1 Year -- 23
2 Years -- 25
3-5 Years -- 231
6-10 Years -- 200
10+ Years -- 523

Because this list was likely compiled from Yellow Pages listings, keep in mind that not all bona-fide resume writers in an area advertise in the Yellow Pages -- and that more established businesses are more likely to advertise than new resume writers.

Friday, December 12, 2008

Now Seeking Responses for 2008 Industry Survey

I have sent out the request for responses for Resume Writers' Digest's 2008 Industry Survey to more than 1500 resume writers -- and have received more than 100 responses so far.

If you did NOT receive an invitation, e-mail me at RWDigest@aol.com and I'll send you the link. If you did get my e-mail, please do not procrastinate! The survey will only take a few minutes to complete, and the results are invaluable for careers industry practitioners in comparing their production, pricing, and challenges with their colleagues.

You can find some of the results of the 2007 Industry Survey here and here.