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What Is Rent A Coder?
Rent a coder is an international marketplace where people who need custom software developed can find coders in a safe and business-friendly environment. Buyers can cherry pick from a pool of 54,020 coders...enabling them to hire a coder across the country or across the globe
from the comfort of their computers. Buyers who wish to hire internationally, can take advantage of favorable overseas exchange rates, resulting in work being done for 50-90% less than if the project were done in-country. Coders are also given access to a huge pool of potential work and have the ability to work independently from their homes rather than for a company.
How does it work?
Buyers often need custom software developed to enhance their
business or for personal use. These buyers post their projects on the Rent a
Coders web site, along with a maximum amount that they are willing to pay. The
project is seen by 54,020 coders world-wide and they place their bids on
doing the work. The buyer can browse through each bidders resume,
certifications and previous work history (including comments left by previous
buyers) on the site.
When the buyer finds a coder they like, they can hire them on the spot. To make
the transaction a safe one, the buyer does not pay the coder directly, but
escrows the funds into a special Rent A Coder account. This guarantees to the
coder that the buyer is credit-worthy, and also reassures the buyer, because the
coder receives no money until the work is completed. When the work (or
pre-agreed on portion of the work) is completed
the buyer release the funds to
the coder. When the work is completed, both parties rate the other party to help
future buyers and coders on the site.
Should a problem arise, the
Rent a Coder facilitator will step in to help out. Should a dispute occur, the
facilitator arbitrates according to the rules of the site to ensure a fair and
equitable outcome for both parties.
How does Rent a Coder make money?
Rent a Coder makes money as
a percentage fee of the final transaction amount. This fee is 15% and taken from
the coder. It goes to pay credit card transaction fees, gateway fees,
arbitration fees, affiliate fees, advertising fees and the remainder is the
companys profit.
How did the idea for Rent a Coder come
about?
Rent a coder was the
brainchild of Ian Ippolito, the CEO of Exhedra Solutions, Inc. As a programmer
himself, Ian had been receiving too many requests for custom programming. After
turning away paying customer after paying customer he realized that there was a
need that was not being met. In January of 2001 he began sketching out the idea
while on training trips and a long vacation in Italy. By the middle of the year
the site was ready to go live. At the time of this writing
only a year later,
the site facilitates an average of 1,217 successful software projects a month.
The majority of buyers on the site are from the United States, the United
Kingdom and Australia (in order of volume). The majority of coders are from
the United States, India and Romania (in order of volume).
Interesting statistics on Rent A Coder
How many succesful projects a month does Rent A Coder facilitate?
Date |
# of 100% completed projects |
Sep 2003 |
3,495 |
Aug 2003 |
3,315 |
Jul 2003 |
3,144 |
Jun 2003 |
2,841 |
May 2003 |
3,220 |
Apr 2003 |
3,185 |
Mar 2003 |
3,118 |
Feb 2003 |
2,693 |
Jan 2003 |
2,701 |
Dec 2002 |
2,388 |
Nov 2002 |
2,501 |
Oct 2002 |
2,332 |
Sep 2002 |
1,806 |
Aug 2002 |
1,615 |
Jul 2002 |
1,745 |
Jun 2002 |
1,495 |
May 2002 |
1,478 |
Apr 2002 |
1,588 |
Mar 2002 |
1,324 |
Feb 2002 |
891 |
Jan 2002 |
772 |
Dec 2001 |
768 |
Nov 2001 |
903 |
Oct 2001 |
706 |
Sep 2001 |
485 |
Aug 2001 |
518 |
Jul 2001 |
479 |
Jun 2001 |
298 |
May 2001 |
136 |
Which countries are the biggest buyers and coders on the site?
Buyers
(completed
work)
United States |
67.90% |
United Kingdom |
9.24% |
Australia |
4.57% |
Canada |
4.32% |
Germany |
1.09% |
France |
1.08% |
Israel |
0.73% |
India |
0.72% |
Netherlands |
0.72% |
Singapore |
0.70% |
Malaysia |
0.70% |
Greece |
0.64% |
Mexico |
0.56% |
Sweden |
0.49% |
Ireland |
0.36% |
Switzerland |
0.36% |
South Africa |
0.33% |
Italy |
0.31% |
Denmark |
0.24% |
Hong Kong |
0.22% |
Coders
(completed work)
United States |
23.85% |
India |
20.64% |
Romania |
10.64% |
Canada |
7.31% |
Russian Federation |
3.68% |
Pakistan |
3.48% |
United Kingdom |
3.31% |
Ukraine |
2.38% |
Australia |
2.16% |
Bulgaria |
1.88% |
Argentina |
1.88% |
Greece |
1.50% |
Portugal |
1.39% |
Brazil |
1.23% |
Serbia + Montenegro |
1.16% |
UK |
0.89% |
Mexico |
0.87% |
Germany |
0.81% |
Indonesia |
0.68% |
Turkey |
0.58% |
Alexa ranks Rent A Coder among the top 10,000 most popular sites on the entire Internet
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