The days of people settling on a full-time job are slowly disappearing. A parallel economy is brewing and its successful implementations are evident. Although the idea may seem fresh, it has existed for years. This is the Gig Economy.
A gig economy is an environment in which temporary positions are common and organizations contract independent workers for short-term engagements.
Gig economy is never a replacement for any business model, yet it is a highly promising one in the sense of its delivery model and resource management. It cannot be called an “innovative” business model but the implementation is certainly ground-breaking ones. It offers cheaper and efficient services which are mostly on-demand. Organizations which are primarily not following this model are able to implement this to a certain extent and cut costs significantly. One such example would be colleges/universities hiring part-time lecturers instead of tenured ones. What we are explaining would be a total implementation of this model, top to bottom, and methods to reap success from it.
The trend toward a gig economy has begun. A study by Intuit predicts that by 2020, 40% of American workers will be independent contractors. There are a number of forces behind the rise in short-term jobs, on being the digital age.
The arrival of the internet and the freelance platforms which came with it revolutionized the way the gig economy functions. The demand and supply is similar to technological intervention. This decrease is mandatory in service businesses where time, availability and reliability are important. Thus, technology is the best enabler for a gig-economy to grow out as a major economic platform of the era.
The most prominent examples of gig-economy platforms would be Uber and Airbnb. The success of both businesses is tremendous. “How did they made the profit? Or where did they saved much?” The answers to these questions are where the real innovation lies.
As for businesses, the gig economy provides many positives, including contracting experts on a project basis and saving on resources such as permanent salaries, benefits, and office space. Furthermore, the main advantages of a gig economy can be summarized as follows:
- Flexibility and Freedom
- Global Productivity
Don’t you think it’s best to start an enterprise of this type without risking much investment and capital cost? This is certainly the best time to start out your own gig economy platform. Otherwise, the gig would be too noisy to have your voice stand out.
Your business can be local or having a wider reach. The best way to deploy the service is through a powerful online infrastructure. It gives you the opportunity to expand your service reach without spending much and with less difficulty. Well-coordinated and reliable systems are a must for this type of business. On-demand services are mostly initiated, executed and completed within a few hours to few days at the maximum and so, fast, self-updating and reliable systems to coordinate all the activities will be quintessential.
As mentioned before, technology being the greatest enabler for the gig economy, there should be no way settling for the technical side of your business. You have decided on your domain or areas of service that you are concentrating on and have setup a network of employees/providers/vendors for your own on-demand service platform. Now you are all set to concentrate on the infrastructure.
With iScripts UberforX, you won’t need to worry about this phase as this complete set of software package gives you enough resources to start your on-demand service platform business with very less effort. iScripts UberforX is a solution which gives you the flexibility to run any Uber-like service site within multiple industries such as medical, auto, food, maids, taxis, and fitness. A domain name, hosting space and iScripts UberforX, you are pretty much ready for starting out the online business with multiple vendors and providers in the backend to provide your customers with one or a range of on-demand services at ease.
iScripts UberforX already comes with a robust administrative control panel for the administrator to manage the operations of iScripts UberforX. This gives you full control over your business and the flexibility to choose how it operates online. There are numerous options and settings included in this script so that it may benefit a wide range of services, specialists, and industries.
It is not limited by the web-app only. In fact, Android and iOS apps exist for both users and vendors and also for the service provider/staff. This is included as part of the software bundle. Like all iScripts products, it is also open-source and ready to be customized at any level. Thus, it is the most comprehensive solution for your only gig-economy business.
Try it out for yourself right now See the Live DEMO Here
For more information or questions related to how you can take advantage of the platform, contact us at (312) 423-6728.