Vulpith Bidding Principles to Win Contracts |
Posted: June 22, 2018 |
The first principle is you need to get into a habit of bidding. I know when you get busy on other things it's hard to sit down and actually get around to bidding on things and you need to bid on everything. Pick a time or multiple times during the day when all you do for 20 minutes or half an hour is look through the listings. Of course bidding on anything costs you two connects per proposal. There are some free proposals -- that's if you get an invitation to interview. If you get an invitation and it looks like a good job definitely bid because they're already high on you. They're already interested in you. If you find that you're running out of connects, and you probably will if you have a free account, go ahead and buy a few more, do a few more bids, or be a little bit more selective in what you're doing but you should be maxing out those connects every month. I consider the cost of connects simply the cost of doing business so you will easily pay for those extra connects or if you have an account you pay for twenty dollars a month, you'll pay for that if you're getting any number of jobs. Another important point is to keep on the lookout for time-sensitive jobs. So many clients want jobs done fast, and you'll only see these if you're looking every day or multiple times per day at those listings. These jobs can be really good paying jobs. They can also be dangerous because you have to maybe rush things a bit. Just be careful and see how long the job actually is. Is it 400 pages in 24 hours? No way, don't do that. You'll only get a bad rating, they might not even pay you, but if somebody wants a really short admission essay edited, go ahead do it. You can do that fast. You can do that in 24, 48 hours, and the money can be lucrative because clients know that you're rushed. They'll pay for that rush. The next reality of bidding is simply that you're going to fail a lot and just expect that you're going to fail. Do not covet a job before you win it. Don't think, 'wow there's a ten-thousand-dollar job, I bid on it, I want to get it.' Don't think about that. Just let it go, forget about it because chances are you gonna fail. I think my bidding success rate is about ten percent but I bid on a lot of jobs so I might bid on 30, 40 jobs in a month and get three to four of those jobs. That's pretty good. So do a lot of bidding, do a lot of bidding, you'll win a few of those. If it's a thousand-dollar job -- that one job you win that whole month -- that's really good. And if you bid on a bunch of smaller jobs, so $50 jobs, $80 jobs, $100 jobs, who knows maybe you win five or six or seven of them and you have a nice 500 to 700 dollar income and it doesn't take you that long to edit that kind of work. My philosophy is to bid on everything and bid and forget, just forget about it, move on, just constantly bid on things and sometimes you'll be surprised. A month later a client comes to you and says 'I finally made my decision, I want to choose you,' and it's a nice surprise. Another principle of this marketplace is that pricing matters. Now that sounds obvious, but it can be used as a strategy, and simply what I'm saying is despite me having a very high rating on the site, I have a 97% quality rating, I still lose out to people who underbid me. So they put in a lower bid price. I've seen people with almost no experience on the site beat me by under bidding me on the contract. I've had clients tell me they really like my profile, they like my ratings, my reviews, but I cost too much. So lowering your price will always get you some number of clients. You just have to decide how low you're willing to go. A final point on bidding principles that I want to mention is really look out for badly written ads. So if the ad has a lot of mistakes in it, there's a good chance the document itself is badly written and may not be worth your time. Marketing Footnote: Find freelance work with ease at vulpith. Start working as a freelancer ... A platform where freelance work is easy to carry forward as a freelancer. Do the ... Assured Continuous Job*. Time to celebrate and relax for qualified freelancers.
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