Top Online Earning Websites

oDesk

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TypePrivate
IndustryInternet
Service Marketplace
Workforce Management
FoundedCampbell, California
2005
Founder(s)Odysseas Tsatalos
Stratis Karamanlakis
HeadquartersRedwood City, California
Key peopleThomas Layton
(Executive Chairman)
Gary Swart
(CEO)
oDesk is a global job marketplace with a series of tools targeted at businesses that intend to hire and manage remote workers.. Based in Redwood City, CA, oDesk was founded in 2005 by Greekentrepreneurs Odysseas Tsatalos and Stratis Karamanlakis...

Background

oDesk was founded by Odysseas Tsatalos and Stratis Karamanlakis.. The two friends created a new technology platform (an online workplace) to allow distributed teams to work together and help instill trust in work happening via the Internet. oDesk , along with its network of freelancers (spanning any type of work that can be done via the Internet) launched in 2005...
As of 2012, oDesk is the largest online marketplace in which independent professionals and their clients can establish and fulfill work arrangements.. The company’s business strategy, including new pricing, is credited with helping it surpass competition to establish market dominance...

Online Work Industry

Staffing Industry Analysts puts oDesk into a category of fast-growing staffing businesses that it refers to as "online staffing" platforms:.
"Online Staffing — A type of Talent Exchange consisting of an online platform where contingent workers, contractors, freelancers can offer their skills and services for limited projects or even on-going assignments and where organizations and individuals can post their requirements or put tasks/projects out to bid.."
Staffing Industry Analysts estimated that the total global market for "online staffing" was approximately $1B:
'Fifteen years ago, this industry segment did not exist. But today (after an acceleration starting around 2007) it generates about $1B+ in global revenues, consists of over 50 firms, and is growing at high double-digit growth rates. Six major players account for about half of the total industry segment revenues in 2012, but it can be expected that future market/industry expansion will also be based on now-smaller or not-yet-formed players.." 
While there is awareness of the largest players in this segment (oDesk, Elance, Freelancer.com), other players are developing often along evolutionary paths (e.g. Work Market, Workana, Onforce, NextCrew, et al).
In March 2013, Staffing Industry Analysts, projected that the "online staffing" segment would grow to $5B by 2018..
Online marketplaces often manage the payments and make money by charging membership fees and/or "marking up" on the billings of the contractors/freelancers. The mark-ups can range from 5 percent to 15 percent. In general, these mark-ups are significantly less than the mark-ups of traditional staffing firms, which usually—technically—enter into an employment relationship with their workers...

Description

oDesk allows clients to create online workteams coordinated and paid through the company's proprietary software and website.. The name is a short version of "online desk" in reference to the company's intent to enable anyone to work anywhere, anytime. Prospective clients can post jobs for free, and freelance workers (“contractors”) may create profiles and bid on jobs, also for free... The company collects 10 percent of the payment.. Payments are made through oDesk, which handles many bookkeeping tasks for the transaction. In addition to the marketplace aspect and the payment/bookkeeping services, the company uses collaborative software, “oDesk Team,” that allows clients to see a provider's progress while he or she is billing time. The transactions are transferred into the contractors' accounts only after a 6-day safety period. The company's site is entirely in English, and all transactions are made in U.S. dollars...
The company describes itself as an online workplace. As of December 2012, oDesk had 2.7 million freelancers and 540,000 clients worldwide... In January 29, 2012, the company reported that its top 5 countries (in terms of dollars spent for oDesk contractor services) were (in rank order): (1) US, (2) Australia, (3) Canada, (4) UK, and (5) United Arab Emirates... oDesk reported that services paid by clients hiring through the site for the year totaled $360 million in 2012....
The specific areas of expertise supported by the site include web development and a wide variety of programming/software development skills, graphic design, writing and administrative support... The company provides voluntary skills tests in various disciplines from English aptitude to specific programming skills, and profiles include a feedback mechanism...

Financing

oDesk has raised four rounds of financing. The first was by Globespan Capital and Sigma Partners... The second round was raised in September 2006, led by Benchmark Capital and included the previous two investors.. The third round was raised in May 2008, led by DAG Ventures and included the previous three investors..
The most recent round was announced in March 2012. Certain investment strategies managed by T. Rowe Price Associates, Inc. led the round, with participation from Benchmark Capital, Globespan Capital Partners and Sigma Partners..
The venture investors on oDesk's board include Greg Gretsch and Kevin Harvey...

Innovation

The company's oDesk team software increases transparency and allows a client to have confidence in the billing done by a contractor whom the buyer may never have met and who may be half a world away. In an October 2008 interview with website Web Worker Daily, CEO Gary Swart said the work diaries “give buyers unprecedented visibility into work performed,” and that the Team software's “hassle-free tracking guarantees convenient, safe, and accurate billing for all work performed..

Competitors

Awards

  • Bersin by Deloitte "WhatWorks" Award (2013)
  • oDesk ranked #543 in the 2012 Inc. 5000, #441 in the 2011 Inc. 500, #286 on the 2010 Inc. 500, and #110 in the 2009 Inc. 500
  • AlwaysOn Global 250 Top Private Companies (2012 and 2011)
  • AlwaysOn OnDemand 100 (2012 and 2011)
  • Silicon Valley Business Journal Fastest Growing Private Company List (2011, 2010 and 2009)
  • San Francisco Business Times Fastest Growing Companies List (2011 and 2010)
  • SAMCEDA Innovation & Entrepreneurship Awards - 2011 Fastest Growing Innovator Award of Excellence 
  • 2011 TiE50 Internet/Social Networking Winner of TiE50 Awards Program..
  • TechCrunch50 DemoPit Winner (2010) 
  • Silicon Valley Business Journal Emerging Technology Award (2009) 
  • International Association of Outsourcing Professionals 2009 Global Outsourcing 100 Rising Star 
  • Deloitte Technology Fast 500 
  • Finalist for the "Red Herring 100 Global" Awards 2007 and 2009.
  • 2007 Rising Star in Deloitte's Technology Fast 500 Program.
  • Finalist in PC Magazine’s 2006 Small Business Awards

5 Ways To Make Money Online From A Website or Blog

Online earning is a one of the most searched word on internet, every next man want to earn something online, there are dozen of ways to earn online, online earning now become very popular, everyone want to do business, jobs, marketing online, but here I will show you how you especially young peoples like students can make money with blogging or website..
5 Ways To Make Money Online From A Website or Blog 300x236 5 Ways To Make Money Online From A Website or Blog
Earning with website is one of the most trusted way of earning, if you are student or housewife, then blogging is the best way to earn for your pocket money, if you know somehow of blogging, web designing, article writing, SEO, keywords then nothing difficult for you, if you want to start blogging for earning online then you need 1 website, well optimized, well manage, well written, If you have these requirements then you can make money with following ways..

 5 Ways To Make Money Online From A Website:

1. PPC Advertising Networks

PPC mean pay per click, there are many networks providing PPC ads, Google Adsense is one of the most popular networks under this category, generally you need to sign up with the PPC networks with proper information like name, last name, Email address, website address, home address etc… after sign up they will verify your website according to their need, now they will provide you relevant ads to your website which you have to place on your website, and now they will pay you certain amount of money for each click.Earning through PPC advertising depends on the traffic levels of the website, if you have 5 to 6 thousands visitors per day, then you can make huge mount of money through PPC networks, and more then traffic it depends on CPC (cost per click) and CRT (click through click), if your website CPC is high, then you can generate maximum amount of money, you can make your CPC high by selecting high CPC niche for your website, here is the list of few high PPC niches...
Automobile
Real Estate
Health
Home Loans
Jobs
Gadgets
Banking
Google – Google Products
Microsoft
Another way to increase CPC of your website is organic traffic; try to increase organic traffic of your website instead of social media, if you have 50 visitors from social media then its equal to 1 user from search engine. Next is CTR (click through click), it depends on your website behavior and website design, right Ads placement tends to get higher CTR..

So here is List of most popular and high CPC advertising networks:

2. CPM Advertising Networks

CPM mean Cost per mille, CPM advertising networks provides ads to those website which have more user and page view monthly, generally high quality and high rank website can get this type of ads, because these networks will pay you according to ad view not ad click, let suppose, if you have website generates 100,000 page views monthly, and you are displaying ads with a $1 CPM, then your revenue will $100. CPM rates vary with the network which you are using, if you have ads of high paying CPM network, then you can make more money, generally more CPM networks pays $1 to $10 per thousand page views, but there are some rules that can boost or reduce your CPM rates like ads placement, numbers of ads, your niche, your visitors, location of visitors, and source of visitors, if you want to get more money, then show ads at top of your website, only use 1 or 2 ads network because many advertisement can cause of decline in you CPM rate..

Here is the list of Best High Paying CPM Advertising Network for Bloggers to Make More Money..



3. Direct Banner Advertising

Direct banner advertising mean selling your own website space to others for advertisement, to earn from Direct Banner Advertising you need to have huge traffic on your website, there are lots of organizations who advertise their products and services, the process of direct advertising is very simple for both advertiser and publisher, advertiser need to search such relevant website for advertisement, and publisher need to decide the rate of ad, duration of ad, type of ad, format of ad and payment method, this way of earning is bit risky, not many peoples using this method due to frauds, but if you have satisfied advertiser partner then its very useful to earn extra money from your website....

4. Affiliate Marketing

Affiliate marketing is a one of the most popular work on the internet, marketing mean buying good or products from one place and sell them out on commission on other place, but in affiliate marketing you need to have a merchant who are willing to sell goods or services indirectly, this is simply called affiliate marketing. Let assume that a person wants to sell laptop; you’ll say that I sold it, but you will share some of it, there are lot of websites available who providing these type of transactions...


5. In-text Adverting

By this method you can make money by In-text-proving networks ads, In-text adverting mean advertisement with you post text, like Kontera, infolinks, and Vibrant Media will place sponsored links inside your text. These links may be in the shape of a single underline, double underline to distinguish them from usual links, and when user move the mouse over the link the advertising will pop, it is also relevant with PPC networks..  

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