Startup Model – Marketplace for Startups & Freelancers

THE MODEL: A platform for startups to find and outsource tasks to service providers. Services offered include online marketing, web designing, programming, creating animations, translation services etc.

STARTUPTaskTill Done (Austrian startup)

freelancing marketplace

WHAT I LIKE

Core Idea – A marketplace connecting startups and freelancers offering a wide variety of services.

Niche – The marketplace is meant for startups to discover various service providers. This niche ensures that only those service providers which are targeting startups will list themselves.

Benefits to Startups – Startups can focus on their core business and vendors to outsource the rest using the app.  Also startups can not only find a vendor but also negotiate and finalise on the app itself.

CONCERNS

Competition – The startup will have to compete with freelancing sites and other sites which work on a similar model.

Differentiation – The startup needs to focus more on differentiating itself with its competitors. Freelancing sites operate in a similar way, though they may not necessarily be focusing on a niche. Purely targeting a niche may not be a factor enough to sustain the startup in the future.

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