Almost two years to the day we launched PPH 2.0 with the introduction of Hourlies and numerous other features explained in this post. It seems just yesterday, yet so much has happened since. Our community is now twice the size and monthly Seller earnings are 3x larger today than they were back then.
Today, I’m happy to announce the launch of our 3rd iteration – PPH 3.0. With this we bring to you a brand new fresh look, slicker UI, a more exclusive marketplace with stricter curation to control quality, video bidding, video portfolio uploads, better job matching through deeper data science, and the launch of SuperTasker – a new tool that makes the delivery of standardized tasks faster and slicker.
Our mission remains underpinned by the same macro vision, but has become bolder over time. Every day we are empowered by the notion that one day, getting a ‘job done’, however niche or specialized, will be as widespread and seamless as purchasing an item on Amazon or eBay. The freelance economy is growing at a phenomenal rate with an estimated over $1Bn of work done online today expected to grow five-fold before the turn of the decade. Still this is a mere 0.2% of total freelancer earnings offline, where an estimated 1 in 3 people in the UK and the US now do some form of fractional working. In other words, we are still on Day 1!
In order to make that dream reality we are constantly working to remove friction between Buyer & Seller, make on-boarding easier but more selective so that only people who are serious about freelancing get to stay in (the rest can happily go to our competitors! :), and go deeper into defining and standardizing service delivery so that a wider cadence of Buyers can understand with absolute clarity what they will get, for how much, and by when.
In the case of SuperTasker we design that into the experience and opt for standardization at the expense of flexibility. In the case of PPH we go the other way: investing in building more functionality and tools that will allow our Sellers to promote and deliver their services better. Payments is a big part of that and we’ve doubled down this year offering many more payment options across the world and introducing faster and cheaper international payments for our international Sellers as explained in this post.
Whilst we are constantly adding new features and functionality, we feel this is a big milestone which changes the inner dynamics of the marketplace significantly. We are no long open for everyone. We consciously want to serve fewer people but serve them better. We don’t aspire to being the biggest, we aspire to being the best. And so we consciously take the view that those that don’t meet certain quality standards will not be allowed to stay in.
As always, we are open to your feedback and comments, and look forward to seeing the community embrace and succeed more with PPH 3.0!
PS – We’ll be introducing new public PPH Profiles pages in the near future. Get an interactive preview HERE and leave your comments to help us make it better.