ODESK VS FREELANCER

Freelancer VS Odesk

The world has had tremendous growth in terms of technology. The introduction of the internet particularly has had a significant impact in socializing, business management, education, communication as well as improving the ability for a person to earn an honest income. Presently, the number of people engaging in online work is increasing. This is because the freelancing business has had a positive impact on the people who engage in it. Evidence shows that people are able to generate a stable income that is more than they would have in a normal and formal employment. Numerous organizations give individuals a proper platform to pursue their freelancing careers. The two most popular organizations are oDesk and Freelancer.com. In order to get a better picture on the best platform amongst the two, it is important to note their characteristics and compare their pros and cons.

The oDesk platform was first launched in the year 2003 to cater for the individuals who did not find satisfaction from their employment. The company sought to fill the global demand for a platform that would offer freelancers and outsourcing organizations a secure environment to interact. From its inception, oDesk was able to attract a freelance earning rate of nine hundred and twenty million dollars. This showed that the organizations is very successful in bringing together freelancers and outsources. further er, the company has quite good review concerning its service delivery strategy as well as payment process. One of the advantages of using this platform is its minimal fees of only ten percent of the total amount charged for any given task. The low fees is favorable to new comers and individuals who seek to start their careers. The profile system on oDesk is comprehensive therefore a person can write up all their qualifications. The higher one’s profile-ranks, the better his or her probability is to secure a task upon bidding. The system also provides for employment on an hourly basis and is flexible on the total cost or earnings per hour. Freelancers can negotiate with vendors freely. In addition, the platform also gives vendors the ability to keep track of the task awarded to various freelancers through screenshots, mos and keyboard activities. The organization also has a wide network incorporating freelancers and vendors thereby improving the chances of a new freelancer finding a suitable source of income.

Freelancer.com is also a global outsourcing platform founded in the year 2009. Since its inception, the company has been able to acquire a total of one hundred and fifty three million dollars in freelancers income. The company has had a near perfect expansion plan that has seen it acquire other platforms such as freelancer.de, Lime Exchange, and scriptlance.com. the expansion strategy allowed it to gain a good percentage of the freelancing market share. The organization currently has seven million one hundred thousand freelancers registered. Number of tasks posted is four million one hundred thousand. The huge number of freelancers shows that the company is a quality company. However, comparing the number of jobs posted and the number of freelancers registered shows that competition is very high. In terms of fees charged, the company takes a thirteen percent fee on all tasks completed.

Comparison

The oDesk platform gives new freelancers a better chance to launching a successful freelance career because of its low fees as compared to Freelancer.com. in addition, the competition at Freelancer.com is very high and this will make newcomers to have a very hard time in starting up. Recently, oDesk acquired Elance thus improving its network base and ensuring it is the market leader for now. The merger is favorable to both newcomers and veterans since it increases the number of tasks while reducing the competition. Therefore, oDesk is a better platform in terms of quality, payment and talent pool.