Gig Economy and the Future of Work: A Fiverr.com Case Study
Author(s) -
Daryl D. Green,
Jack McCann,
Thao Vu,
Nancy Lopez,
Samuel Ouattara
Publication year - 2018
Publication title -
management and economics research journal
Language(s) - English
Resource type - Journals
ISSN - 2469-4339
DOI - 10.18639/merj.2018.04.734348
Subject(s) - swot analysis , competitor analysis , gig economy , competition (biology) , business , work (physics) , the internet , new economy , economy , marketing , engineering , world wide web , economics , computer science , mechanical engineering , ecology , keynesian economics , biology
Twenty years ago, Google became the first web search engine to help people find things on the Internet. Today, people use Google to help organize the infinite data found on the Internet and to find things such as logo designs, business copywriting, promotional videos, or even information on astrology. With the technological advancements of the pastdecade, these services are found not only at the local marketplace but also in the global marketplace — a workplace of freelancing challenges in a gig economy. The term “gig economy” is clarified in a detailed analysis of one of largest freelance websites, Fiverr.com. This case study starts with valuable reviews from a variety of authors about this new economy. Fiverr is the target for analysis regarding growth of the gig economy, and with that growth, there are also opportunities for Fiverr’s competitors. This study includes a PESTLE analysis, Competitive analysis, as well as SWOT analysis of Fiverr and its competition. The results are significant, because the conclusions can better assist scholars and practitioners about how to better utilize freelance services from firms such as Fiverr, found in the gig economy.
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