Upwork Supply-Demand Imbalance

Unlike most successful platforms, Upwork has more service providers (freelancers) than service buyers (clients), creating high competition and shaping Upwork's incentive to attract and retain clients.

2 videos Supporting concept Caleb Ulku
14:25
"On Upwork, there are more freelancers than there are people who need a service completed. That's why the competition on Upwork is relatively high."
10:05
"Upwork and most other freelance platforms are the only major technology platform with more people who want to get paid than people who want to hire people."