eWorkMarkets.com FollowUp
A while back, I blogged about the fact that we were considering using eWorkMarkets as a lead source for consulting work. Many of the projects on their website look interesting.
We were scared off by the very stiff up-front fees (which range from $3,995 to more than $10,000). In addition to the high up-front fees, eWorkMarkets also takes a percentage of each and every project, and they claim that the up-front fees are 100% refundable if you win enough bids the first year.
I spoke with some consulting friends (from the likes of Ernst & Young), and decided that eWorkMarkets was likely not the road that we would want to take. And then yesterday, I ran across this forum post on ProSavvy and eWorkMarkets over at SitePoint.
The general feeling is that around June of 2005, both were decent products and lead sources. However, between June 2005 and November of 2005, eWorkMarkets purchased ProSavvy, and rapidly increased the number of consulting groups. Some of the posters claim more than 2,000 consulting groups, and by eWorkMarkets own admission, only about 200-300 new projects every month. If you assume that those numbers are both correct, then there are around 10 consultants bidding on every project that comes up. Yikes!
Many commenters claimed they had been ripped off, or scammed, out of their money using eWorkMarkets. Some had bid on four or five projects, and never received any feedback on their bids (I'd expect for $10,000 that you would get some feedback on what went wrong).
I'm not sure if it is valid, but it is enough that we will not be joining.
1 Comments:
I had not read this post and had joined eworkmarkets.com. Alas they are no more and have vanished with the fees i'd paid.
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