Today I will tell you the types of freelancing marketplaces. Before I tell you the types of freelancing marketplaces, it is important to know that how freelancing marketplaces actually work.
There are basically two ways that the freelancing marketplaces work i.e.
- Traditional Freelancing Marketplaces
- Non-traditional Freelancing Marketplaces
These are the two global terms used to categorize the working of freelancing marketplaces.
Traditional Freelancing Marketplaces
Traditional freelancing marketplace work in a simple way, an employer comes to the freelancing marketplace and posts a project.
You as a freelancer bid on that project.
The employer checks your profile, your bid, and your response in the bid and then initiates a communication channel between you and him.
If your and the employer’s mentality syncs, he awards you the project!
The employer pays you the amount after you complete the project. This is the way how traditional freelancing marketplaces work.
UpWork.com
The biggest traditional freelancing marketplace is UpWork.
Upwork is the merger of two freelancing websites Elance and Odesk.
Elance was the first one then the name of Elance was changes and acquired by Odesk. Then both sides were merged into one big website called Upwork.
UpWork is the biggest freelancing marketplace where approximately 200 projects are posted daily in different skill sets!
Freelancer.com
The second traditional freelance marketplace is freelancer.com. It is also a very big website where many projects are posted on a daily basis.
Guru.com
The third traditional freelance marketplace is guru.com. Millions of projects have been successfully complete on this site so far.
PeoplePerHour.com
People per hour is another traditional freelancing marketplace. Where buyers post different projects for free to find professional freelancers. YOu can sign up on people per hour as a freelancer to find freelance jobs.
Non-Traditional Freelancing Marketplaces
A freelance marketplace named Fiverr introduced the concept of a non-traditional freelancing marketplace that got a big success.
People (freelancers) put their packages and services called Gigs, on Fiverr.
Buyers visit their profile and check the services offered by them like price, videos, extra offer and hire their services.
When the buyer place the order the payment is shifted into the escrow.
When you deliver your order as a seller (freelancer) and the buyer marks your order as delivered then the payment is shifted from escrow to your Fiverr account.
What is Escrow?
Escrow is basically a concept on different types of freelancing marketplaces. When you get any project, the payments stay with the freelancing marketplace until the project is marked as complete by the buyer.
It protects both parties of interest i.e. the buyer and the seller (freelancer).
Which types of freelancing marketplace should you choose?
Well, you have to ask yourself this question on which types of freelancing marketplace you want to offer your services. According to me, you can work on both depending on your skills. But as a beginner freelancer, Fiverr is a good option to start.
So what do you think that which type of freelancing marketplace is better for you? Tell us in the comments below.
Also Read: The Amazing Formula to Win Your First Project as a Freelancer
I work on both upwork and fiverr. Both are good.
Yes, it depends on your skills.
I am a new graphic designer because recently i was completed my graphic design course by digi skills online center.
So i have no experience in any freelance market place so my please tell me wich one non-traditional market place best for me without (fiverr) because there are so many competition and Fiverr is also big market place not a small market place. And dont need money i was increase my experience first in a small non-traditional market place. So please tell me wich one non-traditional smallest freelance market place better for me ?
Check fiverr gig example
https://www.fiverr.com/s2/fe22bfea4a?
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