oDesk

odesk_logo

 

Like all these accounts, I’ve only just set them up a few hours ago. Ive got the basics down with all of them, but they still all need profiles completing to 100%; some more than others. oDesk is one where I fully understand it all but need to spend a bit of time sorting it. Theres a test and quiz’s you have to take that are time consuming.

Out of all the new services Ive signed up to today, oDesk seems like the most useful in terms of actually getting work, the premise seems inviting and something I could get into.

The idea is that Danny, Michael and I all connect on this and start up a new agency?????

 

Billy Clay   Film Producer   Freelancer  United Kingdom   oDesk

 

Wiki :- oDesk is a global job marketplace with a series of tools targeted at businesses that intend to hire and manage remote workers. Based in redwood City, CA, oDesk was founded in 2005 by entrepreneurs Odysseas Tsatalos and Stratis Karamanlakis.

Online work industry??? Wiki also states…

Staffing Industry Analysts puts oDesk into a category of fast-growing staffing businesses that it refers to as “online staffing” platforms:

Online Staffing — A type of Talent Exchange consisting of an online platform where contingent workers, contractors, freelancers can offer their skills and services for limited projects or even on-going assignments and where organizations and individuals can post their requirements or put tasks/projects out to bid.” 

Staffing Industry Analysts estimated that the total global market for “online staffing” was approximately $1B:

Fifteen years ago, this industry segment did not exist. But today (after an acceleration starting around 2007) it generates about $1B+ in global revenues, consists of over 50 firms, and is growing at high double-digit growth rates. Six major players account for about half of the total industry segment revenues in 2012, but it can be expected that future market/industry expansion will also be based on now-smaller or not-yet-formed players.” 

While there is awareness of the largest players in this segment (oDesk, Elance, Freelancer.com), other players are developing often along evolutionary paths (e.g. Work Market, Workana, Onforce, NextCrew, et al).

In March 2013, Staffing Industry Analysts, projected that the “online staffing” segment would grow to $5B by 2018.

Online marketplaces often manage the payments and make money by charging membership fees and/or “marking up” on the billings of the contractors/freelancers. The mark-ups can range from 5 percent to 15 percent. In general, these mark-ups are significantly less than the mark-ups of traditional staffing firms, which usually—technically—enter into an employment relationship with their workers.

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