2. WHAT IS CROWD SOURCING? “Crowdsourcing is the act of taking a job traditionally performed by a designated Employee & outsourcing to an undefined, generally a large group of people in the form of an Open Call” (Jeff Howe)
3. Elance& Crowd Sourcing Elance.com is a website that offers both Freelancers & companies a chance to achieve their goals by offering them a platform where they can meet.
4. So basically Elance.com is a website that Companies use to outsource their jobs to professionals in different fields (web & programming, sales & marketing, finance & management …). Professionals that are located all around the world.
5. That way Free lancers will gain worldwide Exposure by submitting their projects that might Interest companies located all around the world. At the end, only one Free lancer gets his submitted job chosen. The entire process could be compared to Brainstorming, except that in crowd sourcing one project gets picked at the end.
6. In addition to the worldwide exposure freelancers could get from signing up to Elance.com, they will have a better chance in finding jobs (in different fields) that match their skills, work on multitude of projects at the same time & grow a worldwide reputation as well as a portfolio via the web.
7. Big & Small projects are posted regularly on Elance.com, therefore offering freelancers the chance to gain different sum of money depending on the project’s size & importance.
8. The main disadvantage that might cross a freelancer while submitting his project on Elance.com is the harsh competition. Being available to everyone all around the world Elance.com has become a platform where HARSH COMPETITION is nothing but NORMAL.
