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FREELANCING IN BANGLADESH:
IT’S FUTURE AND
MARKETPLACE
Submitted to
Md Iftekharul Amin
Associate Professor
Institute of Business Administration
University of Dhaka
Submitted by
Sadikul Haque Sadi
BSSE 1003
Institute of Information Technology
University of Dhaka
INTRODUCTION
● WHAT IS FREELANCING
CONTRACT BASED PROFESSION
NO TRADITIONAL JOB RECRUITMENT
SELF EMPLOYED
● OBJECTIVE AND SCOPE
BANGLADESH’S POSITION IN FREELANCING
ITS CONTRIBUTION TO OUR ECONOMY
OUR DEMAND IN SOME POPULAR MARKETPLACES
WOMEN’S OPPORTUNITIES AND FUTURE
BACKGROUND
● ABOUT 40% OF OUR PEOPLE ARE BETWEEN 18-35 ( CIA-THE WORLD
FACTBOOK )
● INTERNET IS SPREADING IN A WIDE RANGE IN OUR COUNTRY
● DIFFERENT FROM OTHER TRADITIONAL JOBS
● A SOLUTION TO THE UNEMPLOYMENT PROBLEM
● PERFECT JOB FOR OUR WOMEN
WORKING FIELDS
● WEB DESIGN
● GRAPHICS DESIGN
● SEARCH ENGINE OPTIMIZATION
● VIDEO EDITING
● DATA ENTRY
● PROOF READING
● JOURNALISM
Bangladesh’s POSITION IN FREELANCING
● DHAKA RANKS THIRD IN GLOBAL FREELANCE OUTSOURCING WORK (THE DAILY
STAR, 8 APRIL 2014)[4]
● BANGLADESH IS THE SECOND MOST FAVOURITE COUNTRY IN SUPPLYING
ONLINE LABOURERS (PROTHOM ALO, 22 JULY, 2017)
● ABOUT 500,000 ACTIVE FREELANCERS ARE WORKING REGULARLY, OUT OF
650,000 REGISTERED FREELANCERS (THE INDEPENDENT, 29 FEBRUARY 2020)[2]
● BNAGLADESHI FREELANCERS ARE BECOMING POPULAR BECAUSE OF THEIR
WORKING EXPERIENCE, ENGLISH SKILLS AND LOWER WAGES
MARKETPLACE ANALYSIS
● POPULAR
○ UPWORK
○ ELANCE
○ FREELANCER
○ ODESK
○ PEOPLEPERHOUR
● EXCEPTIONAL
○ 99DESIGNS
○ THEMEFOREST
○ FIVERR
ODESK
● AT LEAST 70% OF BANGLADESHI FREELANCERS GET WORK THROUGH ODESK[7]
● WORKING FIELDS
○ SEARCH ENGINE OPTIMIZATION – 30%
○ DATA ENTRY – 12%
○ SOFTWARE DEVELOPMENT – 8%
○ WEB RESEARCH – 6%
● OUR FREELANCERS EARN $15 TO $20 PER HOUR ON AVERAGE FOR
TECHNICAL WORK, AND $5 TO $10 FOR ADMINISTRATIVE OR NON-TECHNICAL
WORK.
UPWORK
● BANGLADESH IS IN 3RD POSITION ON THIS FREELANCING WEBSITE [7]
● IN 2009 ONLY 2 PERCENT OF UPWORK JOBS WERE PERFORMED BY
BANGLADESHI FREELANCERS WHICH IN 2012 BECAME 22 PERCENT
● IN 2012 QUARTER BANGLADESHI FREELANCERS WORKED 7 LAC 20 THOUSAND
HOURS IN UPWORK.
ELANCE
● BETWEEN JANUARY AND SEPTEMBER IN 2012, SOME 3,064 FREELANCERS FROM
BANGLADESH FOUND EMPLOYMENT THROUGH ELANCE, WHICH IS A 142
PERCENT GROWTH YEAR-ON-YEAR.[4]
● AVERAGE EARNING OF OUR FREELANCERS FROM THIS SITE IS AROUND 9
DOLLARS PER HOUR [7]
● WORK AREAS
○ IT AND PROGRAMMING – 43%
○ DESIGNS AND MULTIMEDIA – 24%
○ SALES AND MARKETING – 16%
○ ADMINISTRATION SUPPORT – 10%
○ WRITING AND TRANSLATION – 5%
○ OTHERS – 2%
IT’S IMPACT IN OUR ECONOMY
● A SOURCE OF FOREIGN CURRENCY
○ COUNTRIES THAT HIRE FREELANCERS FROM BANGLADESH INCLUDE THE
US, CANADA, THE UK, AUSTRALIA AND SINGAPORE
○ THE GLOBAL MARKET FOR FREELANCE SERVICES IS NOW HOVERING
AROUND $100 BILLION A YEAR, OF WHICH OUR FREELANCER S EARN
ABOUT $200 MILLION ( THE DAILY STAR, 8 MARCH 2015)
● A SOLUTION TO UNEMPLOYMENT PROBLEM
○ THE UNEMPLOYMENT RATE IS 14.2 PERCENT( THE WORLD BANK)[5]
○ 47% GRADUATES ARE UNEMPLOYED[5]
○ 26 LAKH PEOPLE ARE NOT DOING ANY JOB( BANGLADESH BUREAU OF
STATISTICS-2010)
WOMEN’S OPPORTUNITY IN
FREELANCING
● MANY HIGHLY EDUCATED WOMEN OFTEN SACRIFICE THEIR CAREERS IN
ORDER TO TAKE CARE OF THEIR FAMILIES
● A MUCH BETTER CARRIER OPTION FOR WOMEN
● BY GIVING 3-4 HOURS THEY CAN EARN 3-10 DOLLAR PER DAY
● IF WE TRAIN 50 LAKH EDUCATED WOMEN , WE CAN ADD 1.5 CORE US DOLLAR
PER DAY TO OUR ECONOMY
CHALLENGES
● THE ABSENCE OF AN UNINTERRUPTED POWER SUPPLY IS STILL A MAJOR
PROBLEM
● A LACK OF QUALITY INTERNET SERVICES, ALONG WITH HIGHER BROADBAND
PRICES
● THE LACK OF AN EASY PAYMENT SYSTEM – ESPECIALLY FOR RECEIVING
PAYMENTS FROM FOREIGN CLIENTS – IS ANOTHER PROBLEM
● NEED BUSINESS GRADE ENGLISH SKILL
CONCLUSION
● ABOUT 56 MILLION PEOPLE ARE UNDER 18
● PEOPLE ARE USING SMARTPHONES AND INTERNET INCREASINGLY.
● HUGE NUMBER OF BANGLADESHI FREELANCER WORK AT ALMOST ALL
POPULAR FREELANCING PLATFORMS
● A CHANCE TO EARN $1 BILLION EXPORTS PER YEAR FROM FREELANCING
SERVICES[4]
● HUGE OPPORTUNITY FOR WOMEN TO ACHIEVE ECONOMIC FREEDOM
● TOP FREELANCERS SHOULD COME FORWARD TO MAKE THIS SECTOR MORE
PRODUCTIVE AND POWERFUL
References
[1] Popular Freelancing Marketplaces in Bangladesh. Retrieved from
https://advanceitcenter.com
[2] Bangladesh is currently supplying 500,00 active freelancers
http://www.theindependentbd.com/printversion/details/238823
[3] Impact of Freelancing on Bangladesh Economy. Retrieved from
https://theprint.in/world/a-freelancing-boom-is-reshaping-bangladesh-and-its-economy
[4] IT freelancers may earn $1b a year within a decade (2014). Retrieved from
https://www.thedailystar.net
[5] Graduate Unemployment Rate Increases in Bangladesh (2014). Retrieved from
http://www.eduicon.com/News/Details/4275.html
References
[6] Outsourcing Career for Women in Bangladesh. Retrieved from
https://advanceitcenter.com
[7] Freelancing Challenges and Future Potential for Bangladesh. Retrieved from
https://www.academia.edu
THANK YOU

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Freelancing in Bangladesh: It's future and Marketplace

  • 1. FREELANCING IN BANGLADESH: IT’S FUTURE AND MARKETPLACE Submitted to Md Iftekharul Amin Associate Professor Institute of Business Administration University of Dhaka Submitted by Sadikul Haque Sadi BSSE 1003 Institute of Information Technology University of Dhaka
  • 2. INTRODUCTION ● WHAT IS FREELANCING CONTRACT BASED PROFESSION NO TRADITIONAL JOB RECRUITMENT SELF EMPLOYED ● OBJECTIVE AND SCOPE BANGLADESH’S POSITION IN FREELANCING ITS CONTRIBUTION TO OUR ECONOMY OUR DEMAND IN SOME POPULAR MARKETPLACES WOMEN’S OPPORTUNITIES AND FUTURE
  • 3. BACKGROUND ● ABOUT 40% OF OUR PEOPLE ARE BETWEEN 18-35 ( CIA-THE WORLD FACTBOOK ) ● INTERNET IS SPREADING IN A WIDE RANGE IN OUR COUNTRY ● DIFFERENT FROM OTHER TRADITIONAL JOBS ● A SOLUTION TO THE UNEMPLOYMENT PROBLEM ● PERFECT JOB FOR OUR WOMEN
  • 4. WORKING FIELDS ● WEB DESIGN ● GRAPHICS DESIGN ● SEARCH ENGINE OPTIMIZATION ● VIDEO EDITING ● DATA ENTRY ● PROOF READING ● JOURNALISM
  • 5. Bangladesh’s POSITION IN FREELANCING ● DHAKA RANKS THIRD IN GLOBAL FREELANCE OUTSOURCING WORK (THE DAILY STAR, 8 APRIL 2014)[4] ● BANGLADESH IS THE SECOND MOST FAVOURITE COUNTRY IN SUPPLYING ONLINE LABOURERS (PROTHOM ALO, 22 JULY, 2017) ● ABOUT 500,000 ACTIVE FREELANCERS ARE WORKING REGULARLY, OUT OF 650,000 REGISTERED FREELANCERS (THE INDEPENDENT, 29 FEBRUARY 2020)[2] ● BNAGLADESHI FREELANCERS ARE BECOMING POPULAR BECAUSE OF THEIR WORKING EXPERIENCE, ENGLISH SKILLS AND LOWER WAGES
  • 6. MARKETPLACE ANALYSIS ● POPULAR ○ UPWORK ○ ELANCE ○ FREELANCER ○ ODESK ○ PEOPLEPERHOUR ● EXCEPTIONAL ○ 99DESIGNS ○ THEMEFOREST ○ FIVERR
  • 7. ODESK ● AT LEAST 70% OF BANGLADESHI FREELANCERS GET WORK THROUGH ODESK[7] ● WORKING FIELDS ○ SEARCH ENGINE OPTIMIZATION – 30% ○ DATA ENTRY – 12% ○ SOFTWARE DEVELOPMENT – 8% ○ WEB RESEARCH – 6% ● OUR FREELANCERS EARN $15 TO $20 PER HOUR ON AVERAGE FOR TECHNICAL WORK, AND $5 TO $10 FOR ADMINISTRATIVE OR NON-TECHNICAL WORK.
  • 8. UPWORK ● BANGLADESH IS IN 3RD POSITION ON THIS FREELANCING WEBSITE [7] ● IN 2009 ONLY 2 PERCENT OF UPWORK JOBS WERE PERFORMED BY BANGLADESHI FREELANCERS WHICH IN 2012 BECAME 22 PERCENT ● IN 2012 QUARTER BANGLADESHI FREELANCERS WORKED 7 LAC 20 THOUSAND HOURS IN UPWORK.
  • 9. ELANCE ● BETWEEN JANUARY AND SEPTEMBER IN 2012, SOME 3,064 FREELANCERS FROM BANGLADESH FOUND EMPLOYMENT THROUGH ELANCE, WHICH IS A 142 PERCENT GROWTH YEAR-ON-YEAR.[4] ● AVERAGE EARNING OF OUR FREELANCERS FROM THIS SITE IS AROUND 9 DOLLARS PER HOUR [7] ● WORK AREAS ○ IT AND PROGRAMMING – 43% ○ DESIGNS AND MULTIMEDIA – 24% ○ SALES AND MARKETING – 16% ○ ADMINISTRATION SUPPORT – 10% ○ WRITING AND TRANSLATION – 5% ○ OTHERS – 2%
  • 10. IT’S IMPACT IN OUR ECONOMY ● A SOURCE OF FOREIGN CURRENCY ○ COUNTRIES THAT HIRE FREELANCERS FROM BANGLADESH INCLUDE THE US, CANADA, THE UK, AUSTRALIA AND SINGAPORE ○ THE GLOBAL MARKET FOR FREELANCE SERVICES IS NOW HOVERING AROUND $100 BILLION A YEAR, OF WHICH OUR FREELANCER S EARN ABOUT $200 MILLION ( THE DAILY STAR, 8 MARCH 2015) ● A SOLUTION TO UNEMPLOYMENT PROBLEM ○ THE UNEMPLOYMENT RATE IS 14.2 PERCENT( THE WORLD BANK)[5] ○ 47% GRADUATES ARE UNEMPLOYED[5] ○ 26 LAKH PEOPLE ARE NOT DOING ANY JOB( BANGLADESH BUREAU OF STATISTICS-2010)
  • 11. WOMEN’S OPPORTUNITY IN FREELANCING ● MANY HIGHLY EDUCATED WOMEN OFTEN SACRIFICE THEIR CAREERS IN ORDER TO TAKE CARE OF THEIR FAMILIES ● A MUCH BETTER CARRIER OPTION FOR WOMEN ● BY GIVING 3-4 HOURS THEY CAN EARN 3-10 DOLLAR PER DAY ● IF WE TRAIN 50 LAKH EDUCATED WOMEN , WE CAN ADD 1.5 CORE US DOLLAR PER DAY TO OUR ECONOMY
  • 12. CHALLENGES ● THE ABSENCE OF AN UNINTERRUPTED POWER SUPPLY IS STILL A MAJOR PROBLEM ● A LACK OF QUALITY INTERNET SERVICES, ALONG WITH HIGHER BROADBAND PRICES ● THE LACK OF AN EASY PAYMENT SYSTEM – ESPECIALLY FOR RECEIVING PAYMENTS FROM FOREIGN CLIENTS – IS ANOTHER PROBLEM ● NEED BUSINESS GRADE ENGLISH SKILL
  • 13. CONCLUSION ● ABOUT 56 MILLION PEOPLE ARE UNDER 18 ● PEOPLE ARE USING SMARTPHONES AND INTERNET INCREASINGLY. ● HUGE NUMBER OF BANGLADESHI FREELANCER WORK AT ALMOST ALL POPULAR FREELANCING PLATFORMS ● A CHANCE TO EARN $1 BILLION EXPORTS PER YEAR FROM FREELANCING SERVICES[4] ● HUGE OPPORTUNITY FOR WOMEN TO ACHIEVE ECONOMIC FREEDOM ● TOP FREELANCERS SHOULD COME FORWARD TO MAKE THIS SECTOR MORE PRODUCTIVE AND POWERFUL
  • 14. References [1] Popular Freelancing Marketplaces in Bangladesh. Retrieved from https://advanceitcenter.com [2] Bangladesh is currently supplying 500,00 active freelancers http://www.theindependentbd.com/printversion/details/238823 [3] Impact of Freelancing on Bangladesh Economy. Retrieved from https://theprint.in/world/a-freelancing-boom-is-reshaping-bangladesh-and-its-economy [4] IT freelancers may earn $1b a year within a decade (2014). Retrieved from https://www.thedailystar.net [5] Graduate Unemployment Rate Increases in Bangladesh (2014). Retrieved from http://www.eduicon.com/News/Details/4275.html
  • 15. References [6] Outsourcing Career for Women in Bangladesh. Retrieved from https://advanceitcenter.com [7] Freelancing Challenges and Future Potential for Bangladesh. Retrieved from https://www.academia.edu