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Home » The Famous Blog » Gigwalk as a New Money Making Machine

Gigwalk as a New Money Making Machine

July 19, 2011 - Last Modified: July 19, 2011 by Mohamed Osam 1,450

Gigwalk Money Making Machine

Looking for new ways to make money? Checkout the new trend of “Crowd Commerce”; this new concept is driven by the smart phone technology, mainly iPhone and powered by Gigwalk Inc.

Just 10 weeks after they first launched their app, Gigwalk Inc. was able to capture over 116 thousand gigs on their network (and rapidly increasing). Gigwalk connects companies in need for location-specific tasks with freelancers (called Gigwalkers) willing to take on gigs in that location. Gigwalk currently operates in, Boston, Chicago, Los Angeles, New York, Philadelphia, San Francisco Bay Area, Seattle and South Florida.

Gigwalk founded by ex-Yahoo (Nasdaq: YHOO) employees, Ariel Seidman (former director of mobile search for Yahoo), Matt Crampton and David Watanabe, is currently gaining a lot of momentum through its enterprise clients base that includes clients like Microsoft (Nasdaq: MSFT), TomTom (Other OTC: TMOAF.PK), MenuPages.com, and the New York online restaurant guide.

Is this the new CraigsList? Or is it just a false hype? I would leave that for you to decide.

“I thought it was an amazing concept,” says Jeff Clavier, a managing partner at SoftTech VC, which also invested in Gigwalk. “After five minutes I thought, ‘This is like mobile crowdsourcing.'”

Want more info about Gigwalks?

  • What is Gigwalk?
  • It’s Raining Gigs. 116,000 Gigs and Counting (infographic)
  • Microsoft Bets On Gigwalk App
  • Gigwalk: Make money on your morning commute

 

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Filed Under: News, Online Business

About Mohamed Osam

Follow @mohamedosam

A network engineer and a security specialist with a BSc degree in Computer Engineering, MS in Computer Networks, MBA in International Business and MS in Global Management. A member of the National Political Science Honor Society and The International Honor Society for Collegiate Schools of Business. Seinfeld, That '70s Show, Monk and Lost are my favorite TV shows, and Back to the Future, 12 Monkeys and Crash are my favorite movies. I however enjoy activities like biking, golfing and reading, but I spend most of my time behind a computer screen.

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{ 11 Responses }

  1. Charlie says:
    Lately I’ve noticed a trend in apps that offer rewards like Gigwalk such as Shop Kick , Check Rewards, and iPoll. I have to say although they’re all innovative iPoll has to be my favorite , the app just offers so many opportunities to earn rewards, I have already made a couple hundred bucks off of them.
  2. DiTesco says:
    Interesting concept. Sadly it still is very limited to some parts in the US. perhaps if they become very successful and decide to venture internationally, it might something that I wold seriously consider trying :)
    • Mohamed Osam says:
      Not only it is limited to iPhone (so far) but also to iPhone 4.0 for the most part. Most gigs I have seen so far are for taking pictures for local businesses around your area. If you have a Target, Walmart, or whatever store near by you, it is very likely that you will have it listed in the application. All you need to do is walk to that store and take a picture using your iPhone 4.0 then post it and get paid $4 for each picture. Yea, $4 is not too much, but you take 10 pictures in an hour or so, that's $40/h right there. Not bad, eih? The reason it is so far restricted to iPhone 4 is because of the <5MP camera resultion in older iPhone models. With that latest Microsoft Bing deal with Gigwalk and the type of gigs I see on Gigwalk, looks like all these pictures are part of a Yahoo-like or Google-like local businesses locator database. Nore sure yet though, only time will tell.
  3. Nasif says:
    Like the concept. Now I feel like having an iphone !
    • Mohamed Osam says:
      As I have mentioned in another comment, not only it is iPhone, it has to be 4.0. However; I can see Gigwalk expanding their support to include other type of phones, I don't see why not! Android is gaining a lot of popularity and 3rd party application development, I am pretty sure having a Gigwalk app on Android is something Gigwalk Inc. is currently either thinking about doing or actually working on. To be honest, it would be a BIG mistake if Gigwalk is not working on supporting Android right now.
  4. Chris says:
    honestly, i don't think they cam compare to craigslist... I mean the idea is ok, might have some success, but come on, who's that optimist or "crazy" to compare it with craigslist?:) maybe we'll see over a few years how it goes, if they will still exist :)
    • Mohamed Osam says:
      You have a point there Chris. I personally believe they are two different things; craigslist provides a more wider spectrum of "services" if you will and not limited to "gigs".. true classifieds. Gigwalk on the other hand, just connects a service requester with a service personnel (gigwalker). Moreover Gigwalk is all about making money, while craigslist is not.
  5. Trung Nguyen says:
    Wow, I've never owned an Iphone, which is my dream, I know Iphone is the idol of many, I could be one of them, surprisingly an application for smart phones as Iphone have become a money make machine. It was great.
  6. Deneil says:
    Now I wish I had an iphone! Lucky mutha******! lol

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