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Table Of Contents  The Online Freelancing Guide
 >  An Analysis and Review of Popular Online Freelancing Marketplace Sites

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vWorker - Freelancer Community Characteristics
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Report Card for the Big Five Online Freelance Marketplace Sites
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Cost Comparison for the Big Five Online Freelance Marketplace Sites
(Page 3 of 5)

Scenarios

I used four different scenarios, which represent somewhat typical use patterns, and define certain key variables that go into the cost calculation model. These four scenarios are called “Beginner”, “Intermediate”, “Established” and “Advanced”, for lack of more meaningful labels. :) The values used for calculation variables for each one are shown in Table 7.


Table 7: Freelance Marketplace Cost Comparison Scenarios and Variables

Scenario

Beginner

Interme­diate

Estab­lished

Advanced

Active Categories

1

1

2

3

Bids Per Month

10

25

35

60

Bid Success Rate

10%

12%

15%

20%

Average Project Size

$150

$200

$300

$400

Monthly Billing Volume

$150

$660

$1,890

$6,480

Percentage of Repeat Work

0%

10%

20%

35%

Frequency of Premium Bids

0%

30%

20%

10%

Withdrawals Per Month

1

1

1

2


Most of these are pretty self-explanatory, and yes, some are rather arbitrary choices, such as the number of withdrawals per month, frequency of premium bids, and even the number of categories. But again, the idea is just to get a ballpark feel for costs under different types of use.


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vWorker - Freelancer Community Characteristics
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Report Card for the Big Five Online Freelance Marketplace Sites
Next Topic/Section

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