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What are the areas to earn money from outsourcing

What are the areas to earn money from outsourcing

May 7, 2015


Outsourcing is presently one of the hottest topics in business World practices. Here a company needs not to handle them in a house domestically but where job is done through other freelancers, contractors, team works and online platforms globally. Many large and small companies are turning to outsourcing as a way to grow. It is the easy way to reduce their overhead costs.
Another name of outsourcing is Business Process Outsourcing (BPO).In this process, they hire another individual or company internationally or domestically. In small and medium-sized businesses, outsourcing is a popular business practice because of financial and man power restrictions. It means they can grow their business without any major investment.
What are the areas to earn money from outsourcing? There are many areas of outsourcing. Some of the major areas are furnished below for your understanding:

1. Web, Mobile & Software Development
In web design and development, a freelancer need to the use of latest cutting edge tools and technologies. He or she must expert in custom web applications and using Content Management Systems.
In mobile and software development, a freelancer needs to know about mobile software making which must work in iOS, Android, Windows Phone and about another software. In Web, Mobile & Software Development, some works are Desktop Software Development, Ecommerce Development, Game Development, Mobile Development, Product Management etc.

2. Design & Creativity

A designer shows the function, look or working of a building, garments or any other object before it is made. It is the main theme of design. Here a freelancer shows his creativity. In this category, there are several types of works are Animation, Audio Production, Graphic Design, Illustration, Logo Design & Branding, Photography, Presentations etc.

3. Writing
In outsourcing, article writing is a good business strategy. Many budding entrepreneurs trying to find writers that are affordable, reliable and can write good quality. some works in writing are Academic Writing & Research, Article & Blog Writing, Copy writing, Creative Writing, Editing & Proofreading, Grant Writing, Resumes & Cover Letters, Technical Writing, Web Content etc.

4. Accounting & Consulting
In accounting and consulting, a freelancer gives fresh ideas and help in accounting office. Here freelancer can be for part-time, full-time, interim, or ongoing support.
They can support your financial processes and provide compliance and business decision resources. If you are facing turnover, they may step in to aid as part of your organization until you hire substitution. Here freelancer provides compliance or give financial processes and business decision resources. Accounting, Financial Planning, Human Resources, Management Consulting are some types of work of Accounting & Consulting.

5. Administration Support

Administration is very important part that will help to ensure the smooth running of a business. In the past, an organization needs a dedicated admin team for their business. Now any organizations of any dimension are able to attain extensive improvements to their processes with the Administration Outsourcing. So it is very beneficial for an organization. Some types of Administration Support are Data Entry, Personal / Virtual Assistant, Project Management, Transcription, Web Research etc.

6. IT & Networking
Network outsourcing is a telecom management services for enhancing, maintaining, managing and supporting premises or core network infrastructure. It is a multiyear relationship. Some works of it networking is database Administration, ERP / CRM Software, Information Security, Network & System Administration etc.

7. Sales & Marketing
Sales Outsourcing is a sort of well known way for various companies to high volumes of sales for products or services by using a third party. Outsourcing companies help companies to improve their sales. Outsource marketing is a third party which handle the marketing demands of a company.

8. Data Science & Analytics
“Everyone has a [data] strategy right up until they get punched in the face”
– Mike Tyson

Data Science is an umbrella term that covers data collection and analysis, and problem solving, data modeling and decision making.

9. Translation
In outsourcing, a translator translates the documents of a company in a short time. This is very important for them in their business. Some type of translation is General Translation, Legal Translation, Medical Translation, Technical Translation etc.

10. Customer Service
customer service-
In a company, customer is the main important part. Customer service outsourcing is a free way which reduces the expense and save time of a company. It has some ways, which are Customer Service, Technical Support etc.
So, these sectors are open for you. You can start your outsourcing by choosing any sector. If you are a buyer/client and you have projects to outsource then you’re most welcome to TWCMSI’s platform, we have dedicated, talented freelancers professional to serve you for 24/7.

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