Person-to-Person offshoring proves lucrative for Indian professionals
PPO (Person-to-Person offshoring): It is a new trend that is giving competition to big IT companies like IBM, Infosys, Wipro, and WNS. A PPO can be defined as:
PPO = An Individual + A computer + An Internet Connection.
People can work from their homes and earn a decent amount of money.
Types Of Person-To-Person Offshoring Services:
1. Online Tutoring Services
2. Accounting, Finance and Tax Preparation Services
3. Home Design and Related Services
4. Editorial and Writing Services (writing for books, copy writing, editing, proof-reading, news articles, newsletters, press releases, translation and web content)
5. Graphic Design Services
6. Transcription and other Administrative Support Services
7. Software Coding and Other IT Services
8. Website development and Maintenance Services
9. Marketing and Sales Support Services
10. Database and other software development
11. Creating drafts of legal documents, etc.
Business Models in Person-To-Person Offshoring
Direct Interaction Model: In this, the client signs a contract directly with a vendor. Payments are made through checks or wire transfers and hence includes risk.
Online Marketplace Model: The vendor join an online marketplace. When an individual client has some requirement, he goes to the website and look for an appropriate vendor. This model is good for ad-hoc, on-demand projects
Famous Online Marketplaces for Services
Guru.com: It is a Pennsylvania-based company and is preferably the largest marketplace. It has more than 625,000 vendors and freelance professionals. Elance.com: It is a California-based marketplace. It has approximately 80,000 registered vendors and freelance professionals. RentACoder.com: It is a Florida-based marketplace. It has more than 175,000 registered freelancers.
GetAFreelancer.com: It is a Sweden-based marketplace.
More than 10 lakh Indian professionals are registered on these sites as PPO providers.
