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How to Make Money Online with Elance

An Uncommon Look at This Extraordinary Medium

By James Burchill, published May 09, 2007
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Do you write? Can you string together words and sentences - like this? Would you like to make a few extra bucks (maybe more...) without the hassles of a traditional job? You would? Then welcome to the wonderful world of freelance writing on Elance.

What is Elance?

Elance is a website forum, a marketplace that allows people from all over the world to actively participate in buying and selling their products and services. As a freelance writer you can offer your writing services with very little effort on your part. If you can surf the web, use email and generally communicate in English (yup, it's the principal language used on Elance) then you are pretty much good to go.

How Does It Work?

It's quite simple; Elance is a subscription based website that charges you a small fee to become a member. At the time of writing basic monthly subscriptions begin at $30. Once you're registered you can browse all the active (open) projects and bid on the ones that interest you. As a member you can even set up a personal store front (profile) and showcase your products and services to potential buyers (and it's not unusual to get direct inquiries from buyers this way.)

If Your Bid Is Chosen

If your bid is selected you will get the chance to decide if you want to proceed with the project or not. If you decide to go ahead then you and the buyer enter into an agreement (Elance provides templates and samples at no charge.) You provide the services to the buyer and the buyer pays you what they promised - simple.

Elance gets a small commission on all projects that are awarded. But don't worry, there is no cost to you for winning projects - that's the buyers responsibility and the buyer will be billed directly (it doesn't even come out of the agreed project payments!)

So How Much Work Is Available To You?

That's a good question; after all if you are going to spend at least $30 a month on a basic subscription, you really need to figure out if the subscription is worth it. The number of open projects varies, however it's not unusual to find between 150 and 200 writing projects available at any given time.

And How Much Are These Projects Worth?

Comments
Showing Comments 1 - 9 of 9
 
 
I like AC better because they don't charge me to work. Other than that good info. Talk to you later.

Posted on 07/24/2007 at 12:07:00 PM

 
Hm. Thanks for the info. I'd never heard of this before.

Posted on 05/10/2007 at 12:05:00 PM

 
I know I would be hesitant to pay to write. Good article.

Posted on 05/09/2007 at 10:05:00 PM

 
Great info, thanks!

Posted on 05/09/2007 at 8:05:00 PM

 
Thanks very much for your feedback, it's appreciated. - JB

Posted on 05/09/2007 at 6:05:00 PM

 
Very informative article. Thanks for sharing.

Posted on 05/09/2007 at 6:05:00 PM

 
Great article!

Posted on 05/09/2007 at 6:05:00 PM

 
Very interesting. However, I am not sure I am going to pay to write. I seem to be able to find my way without doing that at least at this point. However, a GREAT article with a lot of information ! Thanks !

Posted on 05/09/2007 at 6:05:00 PM

 
Thanks for the information! Welcome to AC!

Posted on 05/09/2007 at 3:05:00 PM

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