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Stock impact report

Why Freelance Marketplaces Are Phasing Out: Five Key Reasons [Forbes]

Fiverr International Ltd. Ordinary Shares, no par value (FVRR) 
Last fiverr international ltd. ordinary shares, no par value earnings: 2/19 07:00 am Check Earnings Report
Company Research Source: Forbes
For many companies, working with freelancers is becoming increasingly important. According to our —which comprised a survey of 400 HR executives in the United States—42% of respondents said they are planning to source contractors directly or to create an internal talent pool with reliable freelancers. Additionally, the ongoing talent search is becoming increasingly project-based, and simply finding a freelancer is no longer sufficient for companies' needs. Based on this, I strongly believe that the importance of freelance marketplaces—which are more transactional and do not have solid quality control mechanisms—is fading away in comparison to more specialized platforms. Here are five reasons why. 1. Marketplaces are expensive and do not help build long-term relationships. Marketplaces often prioritize short-term transactions between businesses and freelancers. Hence, their main function is to help you find someone who you might need for only one quick job. This is not useful, as Show less Read more
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