Despite affluence of antagonism in the bounded casework space, including TaskRabbit, Angie’s List, Yelp, eBay, Amazon and GoDaddy, it’s additionally a amplitude that has been relying on the aforementioned chase and browsing appearance for a continued time.
Thumbtack, though, is attempting to alter the acceptable way that bodies and professionals connect. Rather than accepting the chump chase and browse through listings, they instead acquaint Thumbtack what they need. The aggregation again takes that advice to the professionals, who adjudge if the job is appropriate for them.
The way the aggregation makes money is by accepting professionals pay to acquaintance barter through Thumbtack credits, which are acclimated by professionals to accelerate quotes to customers. They alone pay to quote, and Thumbtack does not allegation agency on jobs they complete or approaching jobs that they book with the aforementioned chump and their referrals.
A distinct acclaim costs almost $1.50, but that goes bottomward as low as $1.42 if a able buys a aggregate backpack of credits. For example, they can guy a backpack of 12 credits for $17.99, a backpack of 24 credits for $34.99 or a backpack of 60 credits for $84.99.
Each able starts off with a 10 adduce package, at a 30% discount. After those aboriginal 10 quotes are sent, professionals can accept the acclaim amalgamation that works best for them.
The cardinal of credits appropriate to accelerate a adduce varies depending on the blazon of account requested. For example, “remodel a room” costs 7 credits, while “resume writing” costs alone 2 credits. The bulk of credits to accelerate a adduce can be as aerial as 9, for jobs that accommodate “architectural services,” “business consulting,” and “landscaping.”
The acumen for the aberration in how abounding credits it costs is how abundant abundant anniversary of these casework is acceptable to bulk the chump who hires that professional.
“In a nutshell, the all-embracing value/cost of a job is what determines the bulk of credits needed. A archetypal resume autograph job ability alone crop $50 to $100 for the account professional, admitting a allowance acclimate is activity to accept a bigger payoff, appropriately the beyond fee for introduction,” a Thumbtack agent told me.
“We wouldn’t apprehend a resume biographer to pay $40 in credits for a $50 job but a bells columnist would be acceptable accommodating to carapace out $13 in credits for an addition if the abeyant job would be $5,000 or so.”
While Thumbtack does not absolution any acquirement figures, the aggregation says that it is currently sending $2 billion account of business to its professionals annually.
Founded in 2009, Thumbtack has over three actor projects requested every year in over 700 categories, including abode paintings, bells caterings and alike bodies absent to apprentice Spanish. The aggregation operates in all 50 states, and now has over 75,000 different advantageous professionals.
Thumbtack has raised $150 actor in adventure basic funding, from investors that accommodate Google Capital, Tiger Global Management, Sequoia Capital, and Javelin Adventure Partners.
(Note: Thumbtack was the winner of our actual aboriginal Vator startup antagonism and event, all the way aback in October 2009. We will be captivation addition Vator Splash accident on April 22nd to the 23rd. Speakers will accommodate Thumbtack CEO Marco Zappacosta. Find out more here!)
(Image source: thumbtack.com)
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