Many office workers dream of becoming freelancers. Freelancers can enjoy flexible work schedules and high income, but they need to continuously promote and sell their services to secure a stable income. While many hesitate to become freelancers, they use talent market platforms to build a foundation for freelancing through side jobs. Talent markets are platforms that help freelancers generate revenue, but users are dissatisfied with the high fees. Today, we will introduce talent markets with low fees and learn how to maximize your profits.

Key Points to Learn Today

- What is a Talent Market (Platform)?

- Brief Review of Key Talent Market Features

- Selling Talent to Avoid High Fees

- Comparison of Platform Sales Commissions

- Why You Need to Find a Platform with Low Commission Rates

- In Closing

What is a Talent Market (Platform)?

To generate additional income for side jobs and part-time work, promotion is necessary to receive requests. In Korea, platforms like Kmong, Soomgo, and Taling are widely used for such promotion.

A talent market is a platform where people with specific talents or skills can share and trade their abilities online. Users can create their own sales pages following sales guidelines and generate revenue at a low cost. The main customer base is businesses and individuals looking to reduce costs. Most transactions are one-time events. For example, a seller who enjoys writing can use their writing skills to provide services such as blog post writing or website content modification, generating income through this process. This allows freelancers to leverage their talents and gain opportunities to generate stable income.

Brief Review of Key Talent Market Features

Let's briefly review the main talent markets in Korea: Kmong, Soomgo, and Taling. While there are various other platforms, we've chosen these as the most representative ones. Although all these platforms are called talent markets, they have slightly different characteristics.

Kmong is a platform commonly used for selling creative talents such as design asset creation, video production, and coding. There's intense competition among sellers, leading to relatively low selling prices.

Soomgo handles most of the services offered on Kmong but is primarily categorized as a talent market for face-to-face activities. It tends to focus on selling talents that involve face-to-face interactions, such as vocal lessons, language conversation, facility and equipment maintenance, and moving, and pricing is generally higher than Kmong.

Unlike Kmong and Soomgo, Taling focuses on selling talent related to lectures and one-day classes, such as makeup, vocal lessons, job training, and filming. It is considered a platform with a narrower but deeper range of talent sales than Kmong and Soomgo, as the field of talent sales is clearly defined as lectures or education.

Sales Commission Comparison

As you can see from the commission policy, various fees are deducted from your sales, in addition to platform usage fees. This includes value-added tax, payment gateway usage fees, and more. Some platforms may even deduct income tax at the source before depositing your earnings.

- Kmong

Kmong implements a tiered commission policy, charging a 15% commission for transactions that occur frequently at higher price ranges. As the transaction amount increases, the tiered commission decreases. For example, if you sell a talent worth KRW 3,500,000, the seller will receive a profit of KRW 3,260,000.

Go to Kmong Sales Commission Guide
Kmong Profit Calculator (Available after Login)

- Soomgo

Soomgo, like Kmong, uses a tiered commission system and features a concept called "credits." When a buyer sends a service request, experts in each field deduct credits to reply and send the request. It seems like the cost of credit charging is not insignificant.

Soomgo's official sales commission guide states that for a transaction of KRW 700,000, the final settlement amount is KRW 634,500. In addition, credit charging costs will be incurred separately.

Go to Soomgo Sales Commission Guide

- Taling

Taling's sales commission varies depending on the class type. One-day online/offline classes are 15%, multi-session online/offline classes are 14%, and e-book/recorded video classes are 20%. Similar to Kmong, value-added tax is added, and 3.3% income tax is deducted at the source before deposit.

If a transaction of KRW 700,000 occurs from selling an e-book or recorded video class on Taling, KRW 7,000 VAT (10%) - KRW 140,000 intermediary commission (20%) - KRW 18,249 income tax (3.3%) will be deducted, resulting in the seller receiving approximately KRW 534,751.

Go to Taling Sales Commission Guide

We've looked at the sales commissions of major markets in Korea. As you've seen, in addition to commissions, there are additional deductions, which will likely lead to significant disappointment for sellers in terms of monetization. It seems like another drawback for sellers on talent markets is that they can't set prices higher even with high commissions. Due to the competitive nature of talent markets, higher prices make it difficult to attract buyers.

Selling Talent to Avoid High Fees

: Littly, an All-in-One Platform for Creatorsto sell your talent!
: Littly Talent Sales Commission 2% ~ 5%, PG Payment Fee 2.9%

While major talent markets in Korea are essential for freelancers to secure requests, they have many drawbacks, such as high commissions leading to concerns about whether to continue selling through these markets, and decreased proactivity in communication with buyers.

Littly Platformoffers a low sales commission of 2-5% for creators selling their talents. You can receive commission discounts for higher cumulative sales, and for a sale of KRW 100,000, you earn a profit of KRW 91,310. (Littly's commission rate is not applied to the selling price but is determined based on cumulative sales. If you've consistently generated significant revenue through Littly, you can receive sales commission discounts.)

On the Littly platform, you can sell your talents and products with a low sales commission of 2-5% and a payment processing fee of 2.9%. Users can sell products through their own websites and drive traffic to their purchase pages through social media integration.

Why You Need to Find a
Talent Market (Platform) with Low Commission Rates

The reason for using a freelancing platform with low commission rates is that freelancers can earn more revenue, offer projects at competitive prices, and secure more project opportunities. However, it is also necessary to consider the reliability of a platform when choosing one with a low commission rate. 'Littly' fulfills this need. Littly adopts a policy of almost no commission fees to address the high commission issue of existing freelancing platforms, and it is a trustworthy service used by over 40,000 clients.

In Closing

Sellers have limited time to sell their talents, and instead of selling more talents in the same amount of time to increase revenue, if they can earn more revenue even from selling one item, they can focus on selling talents of higher quality instead of quantity. This high-quality talent can become competitive in the market and lead to the ability to sell talent at higher prices.

To secure competitive purchases, use Littly with its low sales commission. Littly supports high revenue for many freelancers and creators in the talent sales market with its significantly lower sales commission compared to other talent market platforms!