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Global services marketplace – the new business model

A global services marketplace is one in which consumers can connect globally with service providers who can meet their requirements. With the advent of internet, this is made possible in the form of a website which acts as a forum for both consumers and service providers to meet at a common place. This concept is so designed so as to provide the best of both worlds. As far as the consumers are concerned, they get lot of value and incentives along with quality service. As far as service providers are concerned, the global service marketplace provides a unique platform to market their skills which can bring forth long term benefits.


Online business which helps global organizations get connected to remote workers is a good example of global service marketplace. Here, the consumers are those global organizations trying to outsource their work so as to maximize profit and minimize their expenses. The service providers include the freelancers and smaller businesses which provide quality service at competitive prices. This sort of business model helps service providers the ability to work for any from anywhere and at anytime. The global organizations also can also find employees for long term projects and it offers amazing flexibility to both parties.


An online global service marketplace generally allows employers to create virtual work teams which are well coordinated. The teams can be paid through the company’s proprietary software. Here, the prospective employers are allowed to post their jobs and requirements for free. This can be viewed by freelance workers and other service providers, who can bid for the jobs for free. The service providers can create their own portfolios which are screened by the employer before giving them the assignment. Once, the bids are agreed upon, the website might charge a small fee, usually, 10 percent of the payment. So, the website should also be able to handling the bookkeeping tasks for the payments and such transactions.


This global services marketplace is one in which consumers can connect globally with service providers who can meet their requirements. With the advent of internet, this is made possible in the form of a website which acts as a forum for both consumers and service providers to meet at a common place. This concept is so designed so as to provide the best of both worlds. As far as the consumers are concerned, they get lot of value and incentives along with quality service. As far as service providers are concerned, the global service marketplace provides a unique platform to market their skills which can bring forth long term benefits.global service marketplace global service marketplaceencourages people from almost all areas of expertise to use their services.  But, generally, these are targeted at software development, web development, graphic design, writing, marketing and administrative support. These companies also tend to provide voluntary tests to access your skills in various disciplines such as English aptitude, specific programming skills, and analytical test. The profiles also generally include a feedback mechanism which helps to take steps towards continuous improvement. Since outsourcing has become a rave amongst the global organizations these days, there are many companies which have made use of this business model of global service marketplace. This business model has nowadays become essential for companies to follow so as to keep up with their competitors. There are some website services which uses the same business model so as to allow a meeting place for buyers and sellers to meet. This is in the field of real estate, rentals and lease, etc. They are also a huge success since this model provides you quality service providers at effective process thus giving the buyers added value and savings.