LinkedIn is providing a new marketplace platform for Freelancers

LinkedIn is the most commonly used platform among professionals. As the Covid-19 crisis hit the world, many people lost their jobs. During this crisis, unemployment was at an all-time high. People started looking for alternative ways to get new jobs and income sources. Many people ended up getting into the freelancing world or starting their own thing.

Luckily, Linkedin was there to connect millions of people across many domains. Many people made new connections in Linkedin and started working on freelance projects. In times of crisis, Linkedin appeared as a beacon of hope for everyone.

Linkedin has seen a massive growth in its users’ base and engagement during the crisis. The platform is always one step ahead when it comes to understanding its user needs. To provide the best platform for all those freelancers, LinkedIn will be launching a new marketplace platform.

Based on reports, this new LinkedIn platform will allow businesses and users to connect and work together on freelance projects. Along with that, it is planning for the platform payment method.

As of now, Linkedin has nearly 740 million user-base on the platform. Both businesses and freelancers are eagerly waiting for this new service on the platform. Also, with this new service, Linkedin will go against all the freelancing platforms. Most importantly, a major freelancing platform like Fiverr and Upwork will be having a cutthroat competition with Linkedin.

LinkedIn’s new marketplace platform for freelancers and developing a digital wallet for enabling smooth payments between businesses and freelancers. All these services will make it a key player in the freelancing industry. Also, it will encourage its creators to create more content on its platforms.

Which inevitably improves Linkedin’s user base and engagement. So Linkedin is all set to skyrocket its engagement and popularity.

Till now we have seen just the tip of the iceberg. Whatever we have discussed up until this point is just speculation. Some interesting details about this new marketplace platform LinkedIn is planning to introduce are.

The service is named Marketplace that’s a perfect name for the platform. Where freelancers list their service details similar to other freelancing platforms. Also, there are rumors it will also provide an option for freelancers to advertise themselves with paid ads.

Apart from this, employers also get an option to provide reviews about the freelancer’s work. Which may play a crucial role in increasing their visibility.

LinkedIn is all set to launch this new marketplace platform in September. We have to wait and see how successful it can be. But LinkedIn is very much assured of its platform. If it becomes successful, then it could be a hard hit for every other freelancing platform.

Many people have complained about the high commissions and flexibility that they can’t take the project outside of the platform. LinkedIn is hoping to solve all those issues with its new platform. Also, the WFH culture has seen wide popularity among millions of employees. People love the idea of working from anywhere. So all these factors could be a great advantage for the new LinkedIn Marketplace for freelancers.