I think it’s best to start this article with a simple explanation on what exactly micro-contracting means. I had the surprise to find out that not many people heard of this at Start-up Weekend in Bucharest. So here it is, Micro-contracts: small tasks that people are willing to do for a fixed amount of money. The best way to understand is to show you, so you can find below a print-screen from the leading web-site of this sort, Fiverr.com.
The idea is simple, people post gigs (the name of the jobs that they are willing to do) and people pay 5$ to hire them. The vendor gets 4$ and Fiverr gets 1$. Pretty easy and simple and very easy to copy it. So this sounds like a familiar story, GroupOn anyone, and pretty soon many copies were launched and the business model was replicated not only locally in the USA, but also in Brazil, Italy, The UK, Romania and others as well.
The range of things that you can buy on these sites, is huge, Fiverr alone has over 500.000 gigs (as they say), and they range from Advertising gigs to weird and funny ones. I for one strongly believe in this type of business model, not only because it’s easy, but because it puts a fair price on many gigs, that otherwise would cost you greatly. For example, if you are the bakery from the corner, you can have your own logo for a decent 5$, instead of 50$ or even 100$.In my opinion if you have a little patience to look for the great gigs you can find very good ones that will surely help a start-up that is counting every penny.
As part of the Start-up Weekend Romania, we started developing a great aggregator for all of these types of sites, so that the person that wants to buy a gig can take the best possible decision by comparing gigs from all the platforms. If you want stay updated, or just find out when we’ll launch leave us your email address @ gigyit.com
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