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SME Tech Summit Matt Barrie Freelancer Presentation

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  • 1. The Next Internet Revolution: Liquid Labour on Demand Turbocharging your business with online freelancers Matt Barrie Chief Executive Freelancer.com http://www.freelancer.com [email_address]
  • 2. 2009 The other 80% of the world’s population are about to join the Internet..
  • 3. Inflection Point
    • World population: 6.71 billion and growing
    • Number on Internet: 1.4 billion (21%) ‏
    • Other 5 billion on an average wage of ~$1 to 5 USD a day
    • Growth rate of Internet users (2000-8):
      • Africa 1030%, Latin America 660%, Asia 363% vs. World 290%
    • 55:1 relative income disparity with India, 22:1 in China
    • * Source: CIA World Factbook, 2007 estimates.
    • ** Source: World Bank, 2006 estimates.
    Country Population Labour Force Income/Day (USD) Literacy India 1.1B 516.4M $2.25 61-73% China 1.3B 803.3M $5.50 91% USA 0.3B 153.1M $123.00 99%
  • 4. Only 21% of world’s population.
  • 5. The rest are coming..
  • 6. The Future Today Tomorrow Goods Services
  • 7. More people in the world have capacity to provide labour than sell goods
  • 8. eBay for Labour Connects small business owners with massive, global, highly skilled, online labour pool
  • 9. 1,120,858 users US$46M in work
  • 10.  
  • 11. How it works
  • 12. What can you Outsource?
    • Website Design, IT & Software
    • Content Writing, Blogging
    • Graphic Design
    • Data Entry & Admin
    • Engineering & Science
    • Product Sourcing & Manufacturing
    • Sales & Marketing
    • Accounting, Legal, Business Plans
    • Just about anything you can think of!
  • 13. Small Business Owner Need a Website Need some new brochures Need to redesign my showroom Want better packaging Need to find a manufacturer for new product Sell more!
  • 14.  
  • 15. What can you Outsource? 15 Bids US$169
  • 16. What can you Outsource? 21 Bids US$1266
  • 17. What can you Outsource? 28 Bids US$1289
  • 18. 13 Bids US$1197
  • 19. 274 Bids US$61
  • 20. 8 Bids US$513
  • 21. How big is this? Bigger than Amazon.com, Apple, Adobe in Bangladesh
  • 22. The Revolution is Coming “ By 2015, US companies will move 3.3 million service jobs to offshore locations, accounting for some $136 billion in wages. Of this total, 473,000 jobs – or 8% of jobs in the information and communication technology sectors – will go offshore.” * * Source: Forrester Research (2008) ‏
  • 23. How BIG could this get? “ 160 million jobs, or about 11 percent of the projected 1.46 billion service jobs worldwide, could in theory be carried out remotely, barring any constraints on supply” * * Source: McKinsey (2008)
  • 24. Turbocharge your business today!
    • Any skill set you need
    • No job too large or too small
    • Average job under $200
    • Any time of day – 24 x 7 x 365
    • High quality
    • Highly competitive marketplace
    • Reputation is managed by the exchange ensuring quality and reliability
    • Milestone payments through the exchange provides safety & surety of deliverables
  • 25. Special Offer for SME Tech Summit!
    • Post 3 projects for free!
    • Sign up to www.freelancer.com
    • Enter the coupon code at the end of the signup process when prompted:
    • SMETECH
    • Turbocharge your business today!
  • 26. Thank you