In online freelancing, there are two sources of jobs: Take Accounts and Bid Accounts. Any online freelance can make money from home or any place of his/ her choice by finding jobs on either a take or a bid account.
Take Accounts
These are platforms on which online jobs are posted on the dashboard of the website. Anyone who can access the dashboard, can pick any job, work on it, and submit it to the client via the provided platform.
Job Payment
These platforms usually have fixed pricing for each of the posted jobs.
Writer Levels
In some instances, take accounts have varying writer levels/ tiers that give different payments for similar-worded tasks. For instance, at level/ tier 1, a 500 words article may pay $3.5 whereas an article of the same length pays $7.5. Different accounts pay different rates to their writers. Special Requests, also called Direct Orders, can be placed on the take account but addressed to a specific writer/ freelancer. Payment for special request/ direct orders surpass those of normal orders.
Examples of Take Accounts
Writer Level Upgrade
Online freelancers can work their way up the tiers by consistently delivering stellar content
Writers/ freelancers may also implement the tips proposed in this video to not only get a level upgrade, but also boost their online freelancing skills across multiple platforms.
Here is a video that shows one of the Take Accounts and how it works.
Bid Accounts
On these platforms, jobs are posted on the dashboard, but freelancers must bid/ apply for each job that they wish to work on. Bidding for a job requires the freelancer to understand the job requirements and submit an application, including how much s/he would charge for such a job, to the client. The client analyses all the bids at his/ her time and awards the bid to the freelancer s/he deems fit for the job.
Job Payments
Some jobs on bid accounts have fixed payments but freelancers can bid any amount below the fixed amount. In most instances, however, most jobs have an open-pricing system where freelancers have to set their charges. Before you set your price for a job, you might want to read this next section on some of the criteria that clients use to choose who works for them.
Freelancer Selection Criteria
- Lowest bid: Some clients give the job to the freelancers who bid the lowest amount of money.
- Qualification: Some clients focus on the freelancers who seem qualified to deliver stellar work.
- Trust: In some instances, some clients choose to work with freelancers they feel they can trust.
- Middle Ground: Some clients focus on the above three features to choose their clients.
Examples of bid accounts
Bidding Successfully
Applying for every job you wish to work on can be time-consuming and daunting. However, with a few wise tactics, you can save on time while maximizing your chances of selecting high-potential jobs, and giving each application your best shot.
Here is an example of a bidding process on one of the bidding accounts (UpWork). The same process can be applied to other bid accounts when selecting jobs.
Now you know.
NB: Job Boards and Advertisement Platforms
Other sources of job boards include Job Boards and Advertisement Platforms. Look out for my next post for an indepth guidance on how these platforms work
If you have additional accounts or questions, drop them in the form below.
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