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Introduction to online freelancing

Freelancers are people who are self employed and work for clients on project by project basis.

Online freelance marketplaces are websites that match buyers and sellers of services provided via the internet. Buyers bid on services at a fixed price or at an hourly rate. These marketplaces allow people to sign up remotely for freelance assignments and get paid through a merchant account like paypal/wire transfer.

The Internet has opened many freelance opportunities. Offshore outsourcing, Online outsourcing  are heavily reliant on the Internet to provide  access to remote workers, and frequently leverage technology to manage work to and from the employer. Much computer freelance work is being outsourced to developing countries outside the United States and Europe.

The Internet also enables many freelancers to be interviewed and hired without actually meeting an employer in person. This facilitates long distance business relationships all over the world.

In recent study of one of the online freelancing marketplace, reuter reported that last year 2013 freelancers earned approx  online income of $75Million. That is just in one marketplace.

All I can is – there is an opportunity here. Lets Tap it.

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