Outsourcing Through Marketplaces - Elance-oDesk Seminar at Digital World 2014
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Transcript of Outsourcing Through Marketplaces - Elance-oDesk Seminar at Digital World 2014
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© 2000-2014 Elance-oDesk, Inc. Elance-oDesk proprietary and confidential. Do Not Distribute.© 2000-2014 Elance-oDesk, Inc. Elance-oDesk proprietary and confidential. Do Not Distribute.
The Online Work RevolutionTHE ROLE OF BANGLADESHI FREELANCERS
Saidur Mamun Khan | Country Manager, Bangladesh
06.06.2014
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© 2000-2014 Elance-oDesk, Inc. Elance-oDesk proprietary and confidential. Do Not Distribute.© 2000-2014 Elance-oDesk, Inc. Elance-oDesk proprietary and confidential. Do Not Distribute. 2
What is freelancing?
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© 2000-2014 Elance-oDesk, Inc. Elance-oDesk proprietary and confidential. Do Not Distribute.© 2000-2014 Elance-oDesk, Inc. Elance-oDesk proprietary and confidential. Do Not Distribute. 3
Why freelance?
75%71%72%committed to remaining independent
of independent workers are highly satisfied with their jobs
of freelancers still at “regular jobs” that want to go independent1
freedomis the top reason why people go freelance
Sources: 1. oDesk “Millennials and the Future of Work” Study, Spring 20132. Atlanticcities, Genesis Research Associates, and MBO Partners
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© 2000-2014 Elance-oDesk, Inc. Elance-oDesk proprietary and confidential. Do Not Distribute.© 2000-2014 Elance-oDesk, Inc. Elance-oDesk proprietary and confidential. Do Not Distribute. 4
The freelance movement
69% freelancers say they are happier now than they were with traditional jobs
79% freelancers feel they are more productive than they were in traditional jobs
67% freelancers expect their income to rise
people will soon work onlineone in two
Sources: Elance State of the Freelance Market 2012
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© 2000-2014 Elance-oDesk, Inc. Elance-oDesk proprietary and confidential. Do Not Distribute.© 2000-2014 Elance-oDesk, Inc. Elance-oDesk proprietary and confidential. Do Not Distribute. 5
How big is online work?
since the recession, 40% of job growth (50% since 2011) has been in self-employment
50%$1.6B
$1.6billion earned online today
$5billionin projected annual earnings by freelancers by 2018
Sources: Freelancers Union, Naked Economy, Economist, Staffing Industry Analysts
1.3billion estimated freelancers by 2015globally
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6 © 2000-2014 Elance-oDesk, Inc. Elance-oDesk proprietary and confidential. Do Not Distribute.
Online marketplaces
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© 2000-2014 Elance-oDesk, Inc. Elance-oDesk proprietary and confidential. Do Not Distribute.© 2000-2014 Elance-oDesk, Inc. Elance-oDesk proprietary and confidential. Do Not Distribute. 7
Our marketplaces
www.elance.com www.oDesk.com
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© 2000-2014 Elance-oDesk, Inc. Elance-oDesk proprietary and confidential. Do Not Distribute.© 2000-2014 Elance-oDesk, Inc. Elance-oDesk proprietary and confidential. Do Not Distribute. 8
Elance-oDesk by the numbers
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© 2000-2014 Elance-oDesk, Inc. Elance-oDesk proprietary and confidential. Do Not Distribute.© 2000-2014 Elance-oDesk, Inc. Elance-oDesk proprietary and confidential. Do Not Distribute. 9
Diverse work opportunities
ACTIVE BUSINESSES
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© 2000-2014 Elance-oDesk, Inc. Elance-oDesk proprietary and confidential. Do Not Distribute.© 2000-2014 Elance-oDesk, Inc. Elance-oDesk proprietary and confidential. Do Not Distribute. 10
A few businesses we're honored to call clients
“We turn to oDesk for help with time-consuming research projects. The access to
high-quality talent makes daunting tasks easy to resource and manage.”- Ann Shepherd // Senior VP Marketing, OpenTable
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11 © 2000-2014 Elance-oDesk, Inc. Elance-oDesk proprietary and confidential. Do Not Distribute.
Freelancing in Bangladesh
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© 2000-2014 Elance-oDesk, Inc. Elance-oDesk proprietary and confidential. Do Not Distribute.© 2000-2014 Elance-oDesk, Inc. Elance-oDesk proprietary and confidential. Do Not Distribute. 12
Bangladesh is growing, and it’s growing fast
As of Q1 2014, total number of freelancers registered: 387,114
2012 2013
242,268
362,948
50% YoY
growth
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© 2000-2014 Elance-oDesk, Inc. Elance-oDesk proprietary and confidential. Do Not Distribute.© 2000-2014 Elance-oDesk, Inc. Elance-oDesk proprietary and confidential. Do Not Distribute. 13
Freelancers are earning in big numbers
Total freelancer earnings from 2010 – Q12014: $53,291,699
2012 2013
$15,612,512
$20,995,148
35% YoY
growth
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Freelancer earnings by category (2010 – Q12014)
Admin Support; $7,214,510
Design & Multimedia; $3,999,328
Engineering & Manu-facturing; $513,513
Finance & Man-agement; $870,232IT & Programming; $32,462,227
Legal; $12,340
Sales & Marketing; $5,569,909
Writing & Translation; $2,302,230 Others; $347,411
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Average hourly rates (2013)
Archite
cture
& Engin
eerin
g
Manag
emen
t & Fin
ance
Lega
l
IT & Pr
ogram
ming
Graphic
Design
& Art
Writing
& Tran
slatio
n
Sales
& Marketi
ng
Adminis
trativ
e Sup
port
$0.00$2.00$4.00$6.00$8.00
$10.00$12.00
$11.09 $10.62 $10.21$9.01 $8.29
$5.95 $5.35$3.30
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© 2000-2014 Elance-oDesk, Inc. Elance-oDesk proprietary and confidential. Do Not Distribute.© 2000-2014 Elance-oDesk, Inc. Elance-oDesk proprietary and confidential. Do Not Distribute. 16
Jobs are coming to Bangladesh
Jobs awarded to Bangladesh (2010 – Q12014): 435,249
2012 2013020,00040,00060,00080,000
100,000120,000140,000160,000180,000 136,491
167,378
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Hires based on category(2010 – Q12014)
Admin Support; 82,441
Design & Multimedia; 60,693
Engineering & Manu-facturing; 2,813
Finance & Man-agement; 6,285
IT & Programming; 182,008
Legal; 117
Sales & Marketing; 60,340
Writing & Translation; 37,726Others; 2,826
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Top skills in Bangladesh(based on earnings in 2013)
SEO
WORDPRESS
PHP
HTML
CSS
DATA-ENTRY
MYSQL
INTERNET-RESEARCH
SOCIAL-MEDIA-MARKETING
ADOBE PHOTOSHOP
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Our activities in Bangladesh
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More than 100 free events(Q42012 – Q12014)
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Improving the freelance lifestyle
Other exciting offers are on the way!
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Get in touch!
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facebook.com/ElanceBangladesh
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Reach out locally
Syed Rezwanul Haque RubelElance Mobilizer, Sylhet
Nazmul Hossain TapuElance Mobilizer, Khulna
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Reach out locally
Saidur Mamun KhanCountry Manager, Bangladesh
Address: Momtaz Plaza (4th Floor), Road 4, Dhanmondi,
DhakaMobile: +88 01711 082840Email: [email protected]
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Thank You
© 2000-2014 Elance-oDesk, Inc. Elance-oDesk proprietary and confidential. Do Not Distribute.
Thank Youelance-odesk.com