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Telework Markets and the Virtual Business Incubator Response.

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Presentation on theme: "Telework Markets and the Virtual Business Incubator Response."— Presentation transcript:

1 Telework Markets and the Virtual Business Incubator Response

2 Small/new entrepreneurs Established businesses Students/part-time job seekers 1. Background on Online Markets Typical Users of Online Markets

3 Translation Graphic Design Software Development Virtual Assistance Web Design Leading Telework Fields Research Copywriting/Editing Transcription Music/Song Writing Online Tutoring/eLesson Development 1. Background on Online Markets

4 Specialties of Leading Markets Rentacoder for reputation-building AuthenticJobs for unique opportunities Joomlancers for specialized IT Sologig for bidding-free projects

5 Reviewing Project Opportunities 1. Background on Online Markets

6 Typical Approaches Used Many online markets work like reverse auctions: the Service Provider identifies a job and offers to complete it for slightly less than the other “bidders.” Like eBay, both Service Provider and Service Buyer are rated according to delivery and dependability in graded systems. Some sites act as virtual message boards where Service Buyers simply post a request and it is between the Buyer and Provider to establish qualifications and project terms. 1. Background on Online Markets

7 Difficulty of landing initial projects Lack of experience in bidding for large projects Skills gaps and lack of knowledge of international business norms Common Problems Encountered By Entrants Into the Markets 1. Background on Online Markets

8 Increase the number of registered participants in leading online markets Increase the number of telework projects won by the three primary countries Generate a significant increase in revenues for SEE entrepreneurs in the sponsoring countries Objectives of the Virtual Incubator 2. Opportunity for the VBI

9 Interactive Tour of VBI Resources 2. Opportunity for the VBI

10 VBI Telemarket Springboard The VBI main page hosts links to all 12 specialization pages and 50+ markets. 2. Opportunity for the VBI

11 Sites have been screened for: Rate of use/popularity International applicability Repeat markets Regular updating will provide: Emerging markets Market expansion Usage/popularity rates VBI Telemarket Springboard (cont.) 2. Opportunity for the VBI

12 12 specialty market pages offers easy navigation Prescreening and profiling maximizes time and effort Usage fee reporting allows workers to best allocate resources VBI Advantages 2. Opportunity for the VBI


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