Released on: 31, December 1969
, Author: PHPR Ltd
, Audience: Internet related
serves online and technical businesses all over the UK froman Edinburgh base. Their latest client, London-based PeoplePerHour.com s innovativesystem matches buyers of services (such as small businesses) to freelance and smallbusiness providers directly, through an online bidding system designed to encourageproviders to pitch their most effective solutions at their keenest prices. eBay-style user ratings and feedback provide quality control, and PeoplePerHour sunique escrow system provides credit protection to both sides. Providers are typically freelance professionals or small specialist businesses withskills on offer including web development & programming, design, admin support,writing (including translations and transcriptions), marketing & PR, plus research.Xenios Thrasyvoulou, PeoplePerHour.com CEO and co-founder says, Penny Haywood atPHPR was already using our site and demonstrated an in-depth understanding of ourbusiness, combined with an innovative approach to media relations that matched ourown approach to business. PeoplePerHouse.com Background Information:Founded in 2007 by two Cambridge graduates: Xenios Thrasyvoulou and Simos Kitiris,PeoplePerHour.com are targeting an estimated 5 billion opportunity. That s based onthe Federation of Small Business (FSB) figures for 2006 showing the total annualspend on part-time, agency workers and casual labour in the UK across all businesseswas 70 billion a year. 4.4 million small businesses in the UK are currently growingby 10% annually and account for 35% of the UK workforce, but only 44% of the smallbusiness workforce is in full-time employment. PeoplePerHour are already the UK leaders for the online skills market. To datenearly 1,000 projects posted by UK businesses on PeoplePerHour.com have beensuccessfully completed by a selection of 2,500+ registered providers from the UK(49%), and (in decreasing order) from US, India, Argentina and Spain, enabling UKsmall businesses to tap into a global labour market. Buyers choose from an average of five bids per project posted and in many cases canaccess CV, photo, description, sample work and referee contact details.PeoplePerHour.com ensures providers get paid on completion through a combination oftheir unique escrow facility plus PayPal.The company has already attracted 350,000 of seed investment from prominent angelinvestors and is in discussions with a number of VCs.PeoplePerHour practises what it preaches. Their team consists of developers inIndia, designers in the US, a virtual assistant, PR agent and bookkeeper all fromthe site.Busiest work categories are (in descending order): Web Development & Programming,Design, Admin Support, Writing (including Translations and Transcriptions),Marketing & PR, and Research.The typical buyer runs a small business (usually less than 20 people). No sectoralbias: companies seem to vary from boutique financial firms, Internet companies,property and PR agencies. See PeoplePerHour in action on www.peopleperhour.com
Source: Express-Press-Release.com
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