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Low Cost / Discounted Freelance Gig Platforms are Here – Has the Time Past for the Gouging High-priced Gig Platform?

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First you need to understand gig platforms are a different category from freelance jobs. The whole concept, structure and solutions are uniquely different.  So today we are only reviewing gig platforms.

The first thing you need to review and measure is the total cost of a gig platform. When you look at the total costs of the leading gig platforms today, it definitely has a price-shocking feel to it. For example the leading platform charges sellers 20%, then often adds on 5% more to the buyers, and then possibly an additional 2-3% for service fees. The total costs come in as high as 27-28%! That leaves only 73 cents of every dollar for the gig provider doing the actual work. That is just gut-wrenchingly high.

Freelance Global Gigs translates and publishes in over 100 languages covering over 97% of the world’s communications, offering a truly worldwide open gig platform !

Why and how can a company charge so much?  

The main reason is that they have a very large stable of solutions (gig providers) and buyers giving them a critical mass advantage as they are the ones that basically developed the gig platform. They captured the pole position and use it to aggressively profit from it.

Are there alternatives? 

Yes, but most do not have anywhere close to the gig provider listings (critical mass) that the leader does.

Once the gig providers start migrating to low-priced platforms, then you will see many (maybe most) gig providers following suit, and the buyers will not be far behind. Most gig providers work on several platforms at the same time. For them, it is a critical mass game. They will focus where the majority of buyers are. If a low price or discounted service starts to gain small but strong migration, then you could see an avalanche of gig providers adding to the new discounted platform, because most if not all gig providers would love to be on a open low-cost platform. This is their long term goal. But, for today, gig providers need to pay their bills, and today’s discount platforms just do not provide enough buyers to support a real industry migration.

What do gig buyers want?  

They are in a better position then the gig providers. They often reach out and sign up at the discounted platforms. They are usually small companies and their livelihood is not involved so they migrate fluidly and usually follow the gig providers.

Freelance Global Gigs Marketplace (FGG) drives very high levels of traffic (exceeding over 1.9 million visits per year), increasing the potential activities of buyers or sellers.

What discount gig platform would your recommend? 

We believe the best discount platform would be one that can bring real value to the table and is also very low priced.  We like gig platforms that are completely scalable while providing additional services– especially improvements that directly help the gig providers to ensure that they can generate enough of the income they would need in order for them to slowly migrate away from the very high-cost platform.

Historically in most industries we have always migrated to low-cost solutions, but remember even then the discounted platforms were measured in several ways– to be better total solutions, not just singularly fixated on price or cost.

We believe the best solution is the very low-cost platform Freelance Global Gigs (FGG). They achieved robust traffic growth in only a few months after their parent become a Google News provider. Since then Facebook News began publishing their freelance global gig news. They are the first gig platform to use the globe’s largest news providers to distribute news, links, increase awareness, and traffic to the their website. They claim each and every new gig posted on their platform has over 200,000 related news links. They have used their news to promote gig providers and industries. If true, then they have amazing scalability!

(This article is one example of their news reach)

Freelance Global Gigs motto:
FGG Provides More and Costs Less !

Freelance Global Gigs has a one time total charge of 12% of sales with no fees.

With each gig (or gigs as they allow up to five which is a real plus for most gig providers), they have all gigs translated and published in all major languages, providing over 97% of global communications. Again, they publish each gig in over 100 separate global languages! This is incredibly scalable and tremendously helpful marketing for the small gig providers. As one gig entrepreneur said after reading his posts in many languages “it gives you an incredibly strong feeling of joy and self-esteem.

Very Low Cost / Discount

FGG has a one-time total charge of 12% of sales with no fees. Freelance Global Gigs believes they offer the lowest gig platform, with no hidden charges (buyer and seller combined save over 120% compared to the leader in the industry!). This gives the gig provider increased income on each job, allowing far higher earnings and more profits, all of which would accelerate their total migration.

A gig provider claimed:
“Why should we be charged 27% when FGG is only 12%?”

So the real question is – will enough gig providers sign up at the FGG platform to really start a long term migration (new critical mass) to a low cost or discount gig platform?    

We agree that FGG can leverage or scale their platform possibly better and faster than any company, especially for a discounted price model. The freelance gig providers would benefit the most by migrating to a service with deeply discounted fees, but are enough ready to take the needed step, knowing it would help improve their own and industry outlook? Only time will tell, but until this low-cost migration starts, a single company will continue charging obscene prices, continually squeezing the little guy in this captured industry.

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State Urges Man To Apply For Gig Worker Unemployment After Penalty Weeks Hold Up His Benefits For Months – CBS Chicago

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CHICAGO (CBS) — A possible solution has emerged for an unemployment benefits problem we have been reporting on for months.

A man still serving unemployment penalty weeks said he got a call that could mean he will be getting money from the state soon. The call came days after CBS 2 Political Investigator Dana Kozlov’s reporting.

Two business days after Ken Scott’s story aired, he heard from an Illinois Department of Employment Security employee telling him to apply not for regular unemployment benefits, but for benefits earmarked for independent contractors and business owners.

But an independent contractor he is not.

“Makes no sense to me,” Scott said. “I just got the call right out of the blue.”

It’s a call that could put thousands of dollars into Scott’s pockets and help him pay his bills. But it has left him confused too – the call was from an IDES employee telling Scott to apply for Pandemic Unemployment Assistance, or PUA, and he would get benefits dating back to March 1.

But Scott is still serving out 24 unemployment penalty weeks for a $143 overpayment two years ago.

So how is that possible?

“He said that the penalties have to keep going, but this is a way to alleviate some of the pressure,” Scott said.

The financial pressure of the result of months of Scott having no income because of those so-called penalty weeks. But PUA benefits are meant for independent contractors and so-called gig workers, of which Ken Scott is neither.

“I did ask him – is this something handed down for people going through this with penalties?” Scott said, “I never got an answer.”

Scott’s call came four days after we first introduced viewers to him and his personal struggle. That same week, state Sen. Celina Villanueva (D-Summit) sent Gov. JB Pritzker a letter asking for an immediate revision to the penalty week law during the pandemic to help thousands of people like Scott.

Villanueva said she knows the governor got her letter, but has heard nothing else. And Scott’s potential good news is still peppered with frustration.

“When I tried to put in going back to March 1 like he instructed, it kicked me out,” Scott said.

Scott will now have to deal with the IDES callback system, and some have had to wait weeks or more than a month to get a call back.

 

Kozlov sent IDES spokeswoman Rebecca Cisco two emails Tuesday asking if this change to apply for PUA benefits is just for Scott, or if they are making a change to the penalty week law statewide.

As to Villanueva’s letter to Pritzker, Kozlov reached out to the Governor’s office last week and again on Tuesday to get Pritzker’s reaction to the senator’s letter and ask if he was considering making changes. There had been no response as of early Tuesday evening.

There is a new acting IDES director, and it is possible she is making some changes, But until we get answers from those who are supposed to provide them, we won’t know for sure.

Several other states reportedly have issues with penalty weeks holding up benefits. New York and California have changed their laws, but so far as we know, Illinois won’t budge.

CBS 2 is committing to Working For Chicago, connecting you every day with the information you or a loved one might need about the jobs market, and helping you remove roadblocks to getting back to work.

We’ll keep uncovering information every day to help this community get back to work, until the job crisis passes. CBS 2 has several helpful items right here on our website, including a look at specific companies that are hiring, and information from the state about the best way to get through to file for unemployment benefits in the meantime.

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Can Patreon and Twitch Drive the New Gig Economy? – OZY

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WHY YOU SHOULD CARE

The pandemic is giving rise to a freelance model driven by platforms geared toward remote working and for a generation that’s digital first.

  • Amid the unemployment crisis, platforms that enable self-employed workers to charge subscriptions for their content are having a surge in sign-ups.
  • From journalists to bookkeepers, IT engineers to porn actors, these platforms could be the future of the gig economy.

In an episode of the Netflix original series Love, Bertie Bauer, played by Claudia O’Doherty signs up for Tinder after a rocky breakup. She asks her roommate Mickey Dobbs (Gillian Jacobs): “What does it mean when someone says they’re a project manager?” Mickey responds: “They’re unemployed.”

While pop culture has often equated self-employment with unemployment, freelance work is a reality for a growing number of Americans. A 2017 survey by Edelman Intelligence concluded that a majority of Americans — especially those living in urban areas — would be freelancers by 2027. Now the coronavirus pandemic is giving rise to a freelance model driven by a set of platforms geared for remote working and for a generation that’s digital first.

Patreon is a subscription-based platform popular among creators, from musicians to printmakers, who want to sell and distribute their work. In just the first three weeks of the pandemic, as job losses battered America’s workforce, it added 30,000 sign-ups.

Substack, a platform that allows writers to build and distribute customized subscription-based newsletters, saw a 49 percent increase in sign-ups in March, as newsrooms across the country laid off journalists. Well-known writers, including former The New Republic climate science writer Emily Atkin, ThinkProgress founder Judd Legum and Matt Taibbi, a former Rolling Stone contributor, have turned to the platform. Some writers on Substack make six figures — the average salary for a staff reporter in the U.S. is $46,270, according to the Bureau of Labor Statistics.

If the pandemic continues there is a high probability that more and more people will use these platforms in full-time capacities.

Chris Stanton, Harvard Business School

Upwork, which connects employers with gig workers for tasks ranging from a six-month UX design project to a weeklong bookkeeping stint, boasted a 19 percent growth in revenue in the second quarter and 21 percent in the first quarter. 

“Freelancing takes a lot of hustle. There is a freedom that comes with it as well,” says Carol Wolper, author of Adapt or Wait Tables: A Freelancer’s Guide. “People must adapt to this moment.… In the freelance world, to be successful you’ve always had to bring something to the table that no one else can.”

The reality of course is far from idyllic, especially for the millions of workers who don’t have a choice but to seek freelance work. In the past six months, companies ranging from Uber to NBCUniversal to Boeing have laid off employees, as industry after industry has been decimated. The United States is in the middle of its largest economic downturn since the Great Depression.

Week-over-week, unemployment numbers continue to rise as furloughs turn into layoffs and then the cycle repeats itself. “The idea that there will be a V-shaped recovery is looking less and less plausible,” says Chris Stanton, an associate professor of business administration at Harvard Business School. Until now, the platforms seeing monumental growth in sign-ups for self-employed gigs have often been used for supplemental income, he explains. The current crisis could change that. “If the pandemic continues there is a high probability that more and more people will use these platforms in full-time capacities,” Stanton says. 

That’s why platforms like Twitch are also on the rise. The world’s largest livestreaming platform has historically been home to gamers. That has expanded across several industries, with everything from yoga classes to cooking shows filmed at temporarily shuttered restaurants. Sponsored content on Twitch grew 89 percent in the first two months of the pandemic.

Twitch has partnered with Bandsintown, a platform that connects musicians, fans and brands, to help elevate emerging artists at a time when performances in bars and clubs are not an option. OnlyFans, a London-based content subscription platform used principally for pornographic content, has seen a 75 percent month-over-month increase in users since the start of the pandemic, offering a lifeline to an industry brought to a halt because of social distancing norms.

In some ways, this explosion of growth is in keeping with a shift toward freelancing that’s been evident for a few years, says Trevor Blake, author of Secrets to a Successful Startup: A Recession-Proof Guide to Starting, Surviving & Thriving in Your Own Venture. “But the pandemic [has] clearly accelerated the process.” He expects to see more independent contractors performing roles ranging from HR to IT for businesses. How all of this shapes the future of the American workforce remains an open question. But as the economy shifts toward freelance work driven by these 21st-century platforms, the stigmatization of self-employed workers could soon be a thing of the past.



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Gig Based Business Market Overview Along With Company Profiles Product Data- TaskRabbit Guru Rover HopSkipDrive Freelancer Fiverr Favor Delivery Upwork DoorDash BellHops Turo,,,,, etc

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The report titled “Gig Based Business Market: Size, Trends and Forecasts (2020-2027)”, delivers an in-depth analysis of the Gig Based Business Industry by considering there type, application, market value, by production capacity, by companies, by region, etc.

The report assesses the key opportunities in the market and outlines the factors that are and will be driving the growth of the Gig Based Business industry. Growth of the overall Gig Based Business market has also been forecasted for the period 2020-2027, taking into consideration the previous growth patterns, the growth drivers and the current and future trends.

Get Exclusive Free Sample copy on Gig Based Business Market is available at https://www.worldwidemarketreports.com/sample/337266

Gig Based Business Market report analyses the impact of Coronavirus (COVID-19) on the Gig Based Business industry.

Our analysts monitoring the situation across the globe explains that the market will generate remunerative prospects for producers post COVID-19 crisis. The report aims to provide an additional illustration of the latest scenario, economic slowdown, and COVID-19 impact on the overall industry.

COVID-19 can affect the global economy in 3 main ways: by directly affecting production and demand, by creating supply chain and market disturbance, and by its financial impact on firms and financial markets.

If you are investor/shareholder in the Gig Based Business Market, the provided study will help you to understand the growth model of Gig Based Business Industry after impact of COVID-19.  Request for sample report (including ToC, Tables and Figures with detailed information) @ https://www.worldwidemarketreports.com/covidimpact/337266

The research report segments the market from a relevancy perspective into the below segments and sub-segments with the quantitative analysis done from 2017 to 2027 considering 2019 as the base year for the research. Compounded Annual Growth Rate (CAGR) for each respective segment and sub-segment is calculated for the forecast period from 2019 to 2027 to provide a reference for growth potential.

 

The major players profiled in this report include: TaskRabbit Guru Rover HopSkipDrive Freelancer Fiverr Favor Delivery Upwork DoorDash BellHops Turo

Get Chance of 20% Extra Discount, If your Company is Listed in Above Key Players List; https://www.worldwidemarketreports.com/discount/337266

Industrial Analysis of Gig Based Business Market:

Gig Based Business

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  • Europe
  • Asia and the Middle East
  • North America
  • Latin America

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  • Plan for a new product launch iand inventory in advance

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Mr. Shah
Worldwide Market Reports
Seattle, WA 98154,
U.S.
Email: [email protected]

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