The world is not the same anymore!
The freelancing industry which was once dubbed incompetent is becoming the show-stealer for the last couple of years. One of the most active & promising parts of the world economy, the freelancing industry has a stake in it. Right from the job seekers to new-age business owners, gig business models have seemed to have caught up with everyone! You can too use the best PHP script from us to start your own freelancing platform.
Freelance business model: Explained
A freelance business model is one that entrepreneurs utilize for developing websites from open source freelance scripts to act as an online bridge between freelancers and clients. As the owner of a freelancing platform, it is your duty to provide a user-friendly and secure environment for the users to perform bidding, deliver projects and earn from the transaction made in your platform.
That’s it. Simple.
So, what’s the catch?
Freelancing has always been a chosen norm in the western continents but, it has gradually garnered the attention of this part of the world due to several reasons. The outsourcing market has taken a severe hit in 2019-20 due to the corona virus situation. Thousands of working professionals have lost their jobs. The flexibility of working from home has ignited a major mass to look for alternate sources of income.
This has given rise to the freelance marketplace. Some are even quitting their high-salary corporate jobs to take up their passion; the calling for opening a business of their own. And, what better way to start than starting a business in the freelance industry.
The lure of being one’s own BOSS is too much to let it be.
Plus, the freelance marketplace has gained significant momentum in the last couple of years making it a profitable venture. With “sky being the limit”, new-age entrepreneurs seek innovative ways to double their income in a short time span with minimal effort involved. That’s what the best freelancer script providers like Originate Soft always bank on! Get hold of a freelance marketplace script and claim what’s yours!
How do businesses profit from the freelance business model?
Freelancing start-ups mainly earn from 3 primary ways as mentioned below:
The principal reason to open a freelancer site in the first place is to earn revenue from clients and freelancers as commission. For every transaction made, a commission charge is levied on it for using your platform for commercial purposes. It is mutually beneficial and justifiable to fix a lower percentage on every withdrawal made. This way you can bring the affordability factor and also, get a steady flow of income from incoming users signing up at your portal.
If you’re unclear about this topic; in every freelance marketplace platform, job seekers place their bids for preferred projects with their credit contacts on your platform. Make sure that you utilize only the best PHP scripts for making the bidding process a hassle-free experience as a lot depends on it! Now, depending on the platforms, a freelancer is handed anywhere between 20-30 tokens every month to use on bidding. If the freelancers have already consumed it, they can buy contact credit tokens in the form of fixed packages.
Aha! Money…See, why freelancing platforms are turning into money-making portals and you should too join the bandwagon. This is an innovative and clever way to earn side revenue apart from the commissions.
- Premium or Priority profiles
Much like LinkedIn gold membership plans or similar undertakings, you can too channel a new way to generate revenue. In fact, a lot of online businesses are utilizing this freelance business model to raise more profits than evermore! Premium clients are given the option to place more bids in a shorter time-span.
Although, keep in mind that this earning motivation must be applied to the job providers/project managers only! It is highly unethical for a gig platform to charge the freelancers for promoting or restricting their bidding by forcing freemium features on them. The biddings undertaken by freelancers must be fair at all costs. So, model your freelancer clone script in that way.
Looking to develop freelancer websites?
If that’s your case, then you’re at the right place. Originate Soft is the company for you to provide the best freelancer script. With all the necessary features and tools for a successful freelance clone, our script has been meticulously prepared for this purpose only. Simply state your business requirement and our team of expert designers and developers will work tirelessly to build you custom freelance marketplace software. Flance is the name to reckon that would operate very similar to advance platforms.
Along with all the necessities, you also get hold of unique plugins and tools tailored just for you. As we operate on open source freelance script, you can freely tweak any features and integrate any new kind without hitting any legal compliance. Why the wait, then? Spice up your freelance marketplace platform with the best PHP script that will guarantee a sure-shot success with total independence over your site.
Get in touch with Originate Soft today and check for yourself (DEMO option) how it performs in real-time with the readymade freelance website script!