1. Communication in the Gig Economy
- Author
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Liliana L. Bove, Stephan Ludwig, Peter J. Urwin, Ko de Ruyter, Sabine Benoit, Dhruv Grewal, Dennis Herhausen, and Marketing
- Subjects
Marketing ,media_common.quotation_subject ,Advertising ,online freelance marketplaces, gig economy, multi-sided platforms, business-tobusiness exchange, uncertainty management, text analysis ,GeneralLiterature_MISCELLANEOUS ,Business economics ,Self-disclosure ,ComputingMilieux_COMPUTERSANDSOCIETY ,Quality (business) ,Business ,Business and International Management ,Uncertainty reduction theory ,media_common ,Gig economy - Abstract
The proliferating gig economy relies on online freelance marketplaces, which support relativelyanonymous interactions by text-based messages. Informational asymmetries thus arise that canlead to exchange uncertainties between buyers and freelancers. Conventional marketing thoughtrecommends reducing such uncertainty. However, uncertainty reduction and uncertaintymanagement theories indicate that buyers and freelancers might benefit more from balancing,rather than reducing, uncertainty, such as by strategically adhering to or deviating from commoncommunication principles. With dyadic analyses of calls for bids and bids from a leading onlinefreelance marketplace, this study reveals that buyers attract more bids from freelancers whenthey provide moderate degrees of task information and concreteness, avoid sharing personalinformation, and limit the affective intensity of their communication. Freelancers’ bid successand price premiums increase when they mimic the degree of task information and affectiveintensity exhibited by buyers. However, mimicking a lack of personal information andconcreteness reduces freelancers’ success, so freelancers should always be more concrete andoffer more personal information than buyers do. These contingent perspectives offer insights intobuyer–seller communication in two-sided online marketplaces; they clarify that despite, orsometimes due to, communication uncertainty, both sides can achieve success in the online gigeconomy.
- Published
- 2022