Bidding is a proposal to predetermine a price by an individual or company for a product or service. It is used to determine the value of something. Bidding can be performed by a person. Bidding sets the value of a product or service up to any level because any other person or business can bid more to get that product or service.
What does bidding mean in freelancing?
Bidding is the live wire of every freelancing website. Top three websites that have the biding feature include Freelancers, Upwork and fiverr.
In Fiverr a user can bid through the link called BUYER requests. you then click on a request that you are able to do and start that project.
In Upwork, the users put up the projects or the tasks on website. Freelancers, then bid on the jobs according to their own rate and then user selects the most suitable freelancer.
In Freelancer, the user uploads a task and then sends “Bid invitation” to specific freelancers. Interested freelancers then apply for the job by the taking the bid.
Every one of these websites use different techniques for biding. When you will start as a freelancer, the first thing you will notice will be the limited number of available bids. At the very start, you will have almost 10 bids available. Although you can buy some membership packages available on different sites to get more and more bids. It is always overwhelming to have so many available projects you can bid on. But you should focus on the projects in detail and read every description related to the project. When you will give close attention to the projects, you will realize which projects you can do. That is why you should think before bidding on any project and this is also a good approach to become a successful freelancer.
Bidding requirements
Before you start bidding there are some requirements to be completed.
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- Verify Your Email
Verify your email address linked to your Freelancer account. Check your registered email address for the verification email.
- Update your skills
You can only bid on a project if you have at least one of the skills required for it. So you should keep on updating your skills to become a successful freelancer.
- Upload your profile
Upload a professional profile picture, and add a profile headline, summary, and an hourly rate. You also need to update your Language Settings and Location by going to your Settings page.
Bidding on a project
Ø On any website you are working, on main menu click on projects to see the available projects.
- Ø You can also filter the projects to find the projects according to your skills, budget, language etc.
Ø Click on the projects to see more details about the project.
Ø You should think twice before bidding, and should be sure that you can do the task and that project is right for you.
Ø Then in the bid form, enter your bid amount, delivery time, language and you can also add your experience in your proposal and place your bid.
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Ten tips to create a successful bid
1. Always read the project details carefully
2. Avoid scripted bid proposals
3. Don’t sound impersonal
4. Avoid being too fast in committing your time
5. Try not to underbid your fellow writers
6. Do check your buyer’s history
7. Check out your competitor’s reputation
8. Proofread your bid
9. Avoid taking a rejection personally
10. Don’t bid on every project
