News & Updates

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What's Holding You Back?

posted Jul 22, 2011, 1:05 AM by Martin Tiberg

The first time you turned to remote workers, it was probably to find a good solution to a specific problem: find a talented, affordable freelancer to overhaul your website, then get back to business as usual. For other employers, though, that first taste of remote work triggers a tactical shift in how work gets done.

At SourceItOut, our remote contractors outnumber in-house staff by far, and our contractors helped drive an impressive growth rate over the past years. Our clients also use a wide range of remote talent to power success for their own businesses. So how do you take an initial foray into remote work and use it to transform your business? Here are three questions to get you there:
  •  What more can your first contractor(s) do? If you've found a good worker who is contributing to your success, what else can she do for you? Be on the lookout for other skills that you could use, and consider other areas of your business where her proven skill set might come in handy.
  • Where are you understaffed? Typically, there are a number of areas that end up backlogged — like a customer service inbox that takes days to wade through, a database that needs maintenance or a sadly outdated press page. If no one in-house is dealing with these, make the focused investment of hiring someone remote to clear out those backlogs.
  • What aren't you doing? Any business with ambition to grow has a list of projects on the back burner because there's just not enough time. What do you keep putting off until next quarter that could be making you money today? Expansion of your website functionality? Upgrade to your SEO and SEM efforts? How about a social media expert to help you tap the potential of Facebook and Twitter?
If you've got work that isn't being done, opportunities that aren't being tapped, it's money being left on the table. SourceItOut has learned firsthand that nearly any obstacle can be overcome with the right remote talent. So ask yourself the three questions listed above today, and make decisions to run your business faster and smarter tomorrow.

Need a supplier in China?

posted Dec 11, 2010, 6:01 AM by Martin Tiberg   [ updated Dec 11, 2010, 6:21 AM ]

Recently, SourceItOut has helped customers to find suppliers in China.

In one case, a Swiss customer needed a printing company to produce 50 000 bags with specially designed stationary within a $25 000 budget. SourceItOut activated its Micro Outsourcing network to obtain a multitude of quotes from the Philippines, India, Pakistan and China. A Chinese printing company won the order. It sent out sample bags to demonstrate the quality within a week after receiving the full specification.

We expect to find the bags in Swiss and European stores in the coming weeks.

Do you need an affordable, high-quality supplier? Please contact us and let us help you obtain the best quotes.

App Store for Business

posted Nov 12, 2010, 6:34 AM by Unknown user   [ updated Nov 12, 2010, 6:43 AM ]

With the enormous success of App Store for iPhone and iPad, Apple will release an App Store for your Mac where you can buy software and install it directly. This drives innovation and productivity that everyone can benefit from.

If the App Store can do it, the thinking goes, then why can't my corporate IT department roll out that Web-based application just as easily and quickly? Slowly this is changing. Cloud computing can be a enabler of innovation for companies. Here are some examples:
  • App Stores for companies, select software, check reviews and start using it directly. No involvement is needed from your IT department
    • getapp.com
    • Google Apps Market Place
  • Hosting provider
    • Amazon EC2: Create an account and set up your first server in 1 hour.
      • Bitnami.com: Select pre packaged open source images with your favorite software like Sugar CRM and install on Amazon EC2
  • App Store for business processes (BPM)

Contact us for your specific needs. We can provide advice based on our experiences.

SourceItOut builds a Sales Network for RFID luggage tags

posted Nov 5, 2010, 2:21 AM by Martin Tiberg

ReboundTAG (www.reboundtag.com) has a unique and highly attractive product. However, they didn't have sales and marketing resources to reach the world market. The company turned to SourceItOut.

In the last month, SourceItOut has recruited ten experienced and highly motivated Sales Agents in South East Asia, Europe, Middle East, Africa, USA and Central America.

SourceItOut has created a sales portal on the internet with key airport baggage and RFID reports, sales brochures, discussion forums, and a large knowledge base with over 60 market driven questions and answers growing larger day by day.

So far, SourceItOut has facilitated two remote group sales training sessions, where all the Sales Agents could learn about the product and the sales process, see demonstrations through screen sharing, and discuss with ReboundTAG representatives. They have been so useful that we plan to turn to a weekly schedule.

All in all, we are off to a great start of selling in smart RFID luggage tags to the world of traveling.


Want to learn more about ReboundTAG and its product?
Attached below you find a flyer/brochure which describes the product in more detail. This is how it starts:
ReboundTAG is your luggage’s best friend. The tag ensures secure and efficient baggage handling across the world!

With ReboundTAG, airport personnel and automatic RFID systems can track your luggage in real time. If ever lost, the tag facilitates a smooth return – you get notified through SMS and emails throughout the process.

Would you like to become a Sales Agent yourself? Please have a look at intro.reboundtag.info where you also find an application form.

Outsourcing with Amazon Mechanical Turk?

posted Nov 1, 2010, 4:20 AM by Unknown user

One of the oldest commercial platforms for outsourcing micro jobs is Amazon Mechanical Turk (http://aws.amazon.com/mturk/) which is online since 2005. It is made for small and well-defined tasks that need human intelligence. Since it it possible to use more than one worker for a task, and even use a crowd of people, it is often referred to as "crowdsourcing".
 
Positioned in a completely different area of outsourcable jobs than SourceItOut, this platform also builds on the use of web-based communication and work exchange mechanisms, and also creates completely new opportunities for matching work demand with work seeking individuals.

Amazon hosting

posted Sep 30, 2010, 10:37 AM by Unknown user   [ updated Oct 1, 2010, 3:06 AM ]

SourceItOut runs bonitasoft BPMS software hosted on Amazon EC2. Works like a dream compared to traditional service providers. In 1 day we set up the server and running software. I remember in my previous life we had to wait 2 month to get our on-premise servers.
Case study Amazon EC2: Swisstopo
If you need consultant services around Amazon hosting, please contact us.

SourceItOut will partner with large staffing company?

posted Sep 23, 2010, 5:16 AM by Martin Tiberg

To accelerate its growth, SourceItOut recently started potential partnership discussions with some large staffing companies (US English: temp agencies). The mutual benefits are obvious:
  • The staffing companies have good, ongoing relationships with a large group of clients and, every so often, they can not satisfy the clients' demands to find workers with the right sets of skills.
  • SourceItOut can quickly find highly skilled talent at an attractive price level -- also in areas where local talent is scarce.
SourceItOut is an attractive partner, because it has a significantly larger pool of remotely working freelancers than even the biggest staffing companies.

In short, SourceItOut brings three assets to the table:
  1. Knowledge
    • Market knowledge, powerful IT systems, networks with 100 000s of skilled freelancers.
  2. Quality system:
    • Infrastructure and method to find the right person/talent,
    • Experienced facilitators to foster good relationships,
    • Easy-to-use collaboration tools to facilitate good communication,
    • Sound processes to achieve reliability, efficiency and .IT-system automation/integration,
    • Online training teaching how to master remote communication.
  3. Partnership opportunity
Discussions are ongoing with the goal is to create win-win-win deals for SourceItOut, the staffing companies and their clients.

The End of Outsourcing (As We Know It)

posted Sep 17, 2010, 5:14 AM by Unknown user   [ updated Sep 17, 2010, 5:17 AM ]

Outsourcing is changing dramatically, wrote Arjun Sethi and Olivier Aries in Businessweek recently: “In the next five years outsourcing as we know it will disappear.”

Even if related mainly on IT outsourcing in the businessweek article, this statement also is valid for non-tech outsourcing. Sethi and Aries argue that the future winners will be giants such as Amazon and Google. However, in the current outsourcing revolution, all companies will win that are able to make the global resources (human and technical) available to their clients.

The full article can be read here .

Microsourcing open source software

posted Sep 10, 2010, 2:30 AM by Unknown user   [ updated Sep 10, 2010, 2:53 AM ]

SourceItOut uses open source Business Process Management (BPM) software from Bonitasoft for our processes. Bonitasoft business model is based on providing support and development expertise for companies deploying their software. Bonitasoft has a huge active user community that reports bugs, forum for questions and  suggestions for enhancements of the software. They use innovative tools for handling microsourcing of the software:
Bonitasoft can be found at www.bonitasoft.com
Bonitasoft services www.jovaconsulting.ch
 

Concierge businesses

posted Jul 5, 2010, 2:44 AM by Martin Tiberg   [ updated Jul 5, 2010, 1:23 PM ]

The two main type of players in the Micro Outsourcing market are A) the online marketplaces, which bring clients and freelancers together to negotiate deals, and B) the concierge businesses, which offer personal services locally. Today's blog post is about concierge businesses. The graph and the table below illustrate the fast growth and the price of these services, respectively, as we have found through our own market research.
Cumulative number of domain registrations of concierge businesses.


The online Concierge businesses constitute a diverse market. In the fall of 2009, we found 404 businesses with online presence which assist busy individuals with their everyday tasks. Generally, the scope of the service offers include errands, gift shopping, bookings of clubs, restaurants and tickets. In a few cases, the scope extends much further and may include a wide range of services or a dedicated virtual assistant. Generally, the clients can pay per hour. However, some businesses require subscription schemes where a number of tasks – each typically limited to around 30 min of working time – are included each month.

Concierge price & popularity

Europe

North America

Rest of the World

Total

A. Average hourly rate

$ 42

$ 33

$ 28

$ 34

B. Average monthly subscription

$ 177

$ 135

$ 9

$ 133

C. Daily reach in PPM

17

35

26

79

(A) the average hourly rate based on the cheapest service plans for 5 hours of work per month, (B) the average monthly subscription price for the concierge businesses which require a subscription plan, and (C) parts per million of all internet users who visit a concierge website.

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