SlideShare a Scribd company logo
TryCycle
Lets freelance „the TryCycle way‟…
What is TryCycle?
   A „Super Help Desk‟ that bridges between
    professionals and clients with a payment
    system.

   Provides a platform to match the supply and
    demand of paid professionals
How are we different?
   Focus on paid „consultancy‟ services that can
    be offered online

   On demand connection

   No bidding process unlike other platforms

   Service is delivered through online face-to-
    face interaction
How we work?
   A first connection between a potential client
    and a service provider is free

   The first try, no strings attached plays an
    important role

   A client can find out if a provider (copywriter,
    web designer, artist, musician) is a good
    match.
Hypothesis
   There is no common, easy service to match the supply and demand for paid
    professional expertise for services that are a form of cocreating or consulting and
    can be performed right away by interaction online during a limited period, by skype or
    chat.

   There is a substantial demand for a “Superhelpdesk” that combines crowd and
    professional sourcing with a payment system.

   Freelancers as well as patrons are interested in helping others whith their skills and
    experience when an hourly rate can be earned by a clear, easy system.

   They are interested in delivering incidental, (very) limited time help.

   Service sellers on this system may be service buyers

   Buyers need a fast service and easy, safe payment system.
Experiments
   Team brainstorm on own experiences with
    freelancing and the need for hiring freelance
    help,
   Face to face interviews,
   Survey
Survey results
   There is high demand and interest in freelancing. we deduce a
    demand of avg use of 1 hr/month which leads to a total amount of
    hours of expertise hired via a market place of 7 million per year.

   Respondents did not use a similar freelancing platform before. They
    have heard of several though e.g. vworker, zintro and elance /
    peopleperhour.

   The favorite type of interaction is e-mail and document sharing
    (other options were: video-conferencing, chat, and telephone). Also,
    suggested hourly rate varied from 4 to 200 euros.

   Requested services are in broad domains, IT is most populair 51%,
    other makes 38% and marketing communication and graphic design
    follow with about 27 and 24%.
Post-Survey conclusions
   The survey strengthened our idea that there is a demand for offering
    expertise on a easy accessible platform. There‟s no obviously popular
    freelancing platform yet.

   Zintro would be the main competitor since they offer similar services but
    their business and revenue models are different. More insight is needed on
    this matter.

   Through face-to-face interviews, we learnt that the easy searching, hiring
    and secure payment is most important features bringing a new type of
    supply and demand in consulting like services per time unit.

   it‟s not smart to force freelancers into too narrow pricing. As an example,
    prices can vary within the category e.g. 0-25, 26-50, 51-75 etc.

   Also important are non-disclosure, formats etc. making interaction easy,
    professional and trustworthy.



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Try cycle

  • 1. TryCycle Lets freelance „the TryCycle way‟…
  • 2. What is TryCycle?  A „Super Help Desk‟ that bridges between professionals and clients with a payment system.  Provides a platform to match the supply and demand of paid professionals
  • 3. How are we different?  Focus on paid „consultancy‟ services that can be offered online  On demand connection  No bidding process unlike other platforms  Service is delivered through online face-to- face interaction
  • 4. How we work?  A first connection between a potential client and a service provider is free  The first try, no strings attached plays an important role  A client can find out if a provider (copywriter, web designer, artist, musician) is a good match.
  • 5. Hypothesis  There is no common, easy service to match the supply and demand for paid professional expertise for services that are a form of cocreating or consulting and can be performed right away by interaction online during a limited period, by skype or chat.  There is a substantial demand for a “Superhelpdesk” that combines crowd and professional sourcing with a payment system.  Freelancers as well as patrons are interested in helping others whith their skills and experience when an hourly rate can be earned by a clear, easy system.  They are interested in delivering incidental, (very) limited time help.  Service sellers on this system may be service buyers  Buyers need a fast service and easy, safe payment system.
  • 6. Experiments  Team brainstorm on own experiences with freelancing and the need for hiring freelance help,  Face to face interviews,  Survey
  • 7. Survey results  There is high demand and interest in freelancing. we deduce a demand of avg use of 1 hr/month which leads to a total amount of hours of expertise hired via a market place of 7 million per year.  Respondents did not use a similar freelancing platform before. They have heard of several though e.g. vworker, zintro and elance / peopleperhour.  The favorite type of interaction is e-mail and document sharing (other options were: video-conferencing, chat, and telephone). Also, suggested hourly rate varied from 4 to 200 euros.  Requested services are in broad domains, IT is most populair 51%, other makes 38% and marketing communication and graphic design follow with about 27 and 24%.
  • 8. Post-Survey conclusions  The survey strengthened our idea that there is a demand for offering expertise on a easy accessible platform. There‟s no obviously popular freelancing platform yet.  Zintro would be the main competitor since they offer similar services but their business and revenue models are different. More insight is needed on this matter.  Through face-to-face interviews, we learnt that the easy searching, hiring and secure payment is most important features bringing a new type of supply and demand in consulting like services per time unit.  it‟s not smart to force freelancers into too narrow pricing. As an example, prices can vary within the category e.g. 0-25, 26-50, 51-75 etc.  Also important are non-disclosure, formats etc. making interaction easy, professional and trustworthy. 