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The Elance business moel


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The Elance business moel

  1. 1. Elance Analysing an innovative business model:
  2. 2. What is Elance <ul><li>Elance is a web platform that enables SMBs to find,hire and manage freelance tested and rated professionals for specific missions. </li></ul><ul><li>Key words: global freelance talents, highly reactive, Hiring on the spot, diversity, flexibility, revolutionary way of working and interacting, adapted to SMBs needs…. </li></ul>
  3. 3. The revenues <ul><li>Deduction from 6.75% to 8.75% of the payment to cover its Service Fee and Payment Processing costs . </li></ul><ul><li>One-time 10 USD of membership fee for SMBs to activate their account and have access to the Elance market. </li></ul>
  4. 4. Advantages for SMBs <ul><li>Reducing costs through outsourcing </li></ul><ul><li>More flexible and handy tool of management </li></ul><ul><li>Reactive answer to their punctual needs </li></ul><ul><li>Access to wide range of experts located anywhere in the world </li></ul>
  5. 5. Extra revenues <ul><li>Training programs for corporations </li></ul><ul><li>Online tutorials on specific skills </li></ul><ul><li>Product placement and advertising </li></ul><ul><li>Licencing to non-speaking english countries </li></ul>