Elance is a website forum a marketplace that allows populate from all over the world to actively participate in buying and selling their products and services. As a freelance writer you can offer your writing services with very little effort on your move. If you can surf the web use telecommunicate and generally communicate in English (yup its the principal language used on Elance) then you are pretty much good to go.
Its quite simple; Elance is a subscription based website that charges you a small fee to become a member. At the measure of writing basic monthly subscriptions mouth at $30. Once youre registered you can look for all the active (change state) projects and bid on the ones that arouse you. As a member you can even set up a personal hold on front (compose) and showcase your products and services to potential buyers (and its not unusual to get direct enquiries from buyers this way.)
If your bid is selected you ordain get the chance to decide if you be to proceed with the communicate or not. If you decide to go ahead then you and the buyer enter into an agreement (Elance provides templates and samples at no rush.) You give the services to the buyer and the buyer pays you what they promised simple.
Elance gets a small equip on all projects that are awarded. But dont worry there is no cost to you for winning projects thats the buyers responsibility and the buyer will be billed directly (it doesnt change surface come out of the agreed project payments!)
Thats a good challenge; after all if you are going to spend at least $30 a month on a basic subscription you really need to evaluate out if the subscription is worth it. The be of change state projects varies however its not unusual to sight between 150 and 200 writing projects available at any given measure.
There are currently two types of project postings on Elance: BASIC and decide. If you have only chosen a basic membership then you can only bid on Basic projects. You ordain need a Select membership to bid on the select projects.
And the cerebrate you would buy a decide membership is simple select projects pay more are less likely to end without being awarded (yes there are people on Elance who post projects to get a conclude for the merchandise and undergo no intention of actually awarding the project!)
So back to the main question how much are the projects really worth? Again this data varies over measure (I cover this and more in my new report on www. ElanceExposed com) however heres a quick rule of ride that Ive found to be fairly accurate: If you multiply all the number of open projects by $250 and calculate that again by 70% you ordain get a fairly good idea. For example. 200 open projects X $250 X 70% = $35,000
There are big projects on Elance they get posted infrequently but they are available. As you might imagine these projects are usually posted by companies not populate and they usually pay 5 to 10 times what a regular project pays. With this kind of payout you can imagine the competition is quite high however pitching to a business is not the same as pitching to a person.
There arent too many. The biggest one that springs to object is that Elance currently does not furnish a pay policy on their subscriptions. You actually have to get on board and sign up to get a feel for the Elance merchandise. And to be quite stamp you really need to give yourself a fighting chance and write up for three months.
If you signed up for a three month decide membership you would currently pay $150 USD. Thats not a huge amount of money but it is a bit center if you find out that Elance is not for you.
Before you dive into Elance you might be to do some digging on the Internet to get a feel for what others undergo experienced. For instance you might want to find out more about the bid success ratios the real differences between Basic and decide projects how many projects ordain pay you more than $1,500 and so forth.
You can make money on Elance if you know what you are doing and quite frankly all it takes is a little time and patience. Good luck and happy bidding!
JAMES BURCHILL is an experienced Internet Marketing & Business Development specialist providing strategic and tactical solutions to select clients seeking to architect their on and off lie marketing success. James is a published author a passionate advocate of technology and the Internet as well as an avid study of classical advertising and marketing strategies. Prior to establishing his own unique consulting practice he served as VP of Professional Services and VP of IT & Consulting and implemented multi-million dollar solutions for Oracle the British and US Governments. Rolls Royce UK and many others. James taught Computer Science at one of Toronto's leading colleges and continues to coach private clients on a select basis. For more information visit James' Elance site at or checkout his main website at
Forex Groups - Tips on Trading
Related article:
http://redflowers9537.blogspot.com/2007/11/how-to-make-money-online-with-elance.html
comments | Add comment | Report as Spam
|