March Outsource Report: 1,244 Inquiries, 2,820 Roles Worth $85M
March outsourcing performance
March was a stable month for web traffic and outsourcing inquiries. The Outsource Accelerator (OA) website capped off the month with 711,279 page views (-8.70%) from 234,704 visitors (-26.38%). From this traffic, the Source Partner platform generated 1,244 inbound inquiries (-6.33%) unique inbound inquiries from 62 countries, representing 28 sectors.
Of the 1,244 inquiries, there were 963 quotation requests (-10.83%), representing an estimated 2,820* full-time staff with an outsourcing value of $84,600,000*. See all analyses in the Source Partner dashboard.
In the last 12 months, OA generated 19,214 outsourcing inquiries, with a total of 16,016 quotation requests. The annualized quotation inquiries amounted to a total value of $1,560,090,000*, requesting 52,003* full-time roles.
*Conservative client value calculation: take the lowest end of their role request numbers, multiply by conservative top-line revenue of $1,250/role/month, multiplied by 24 months (conservative team lifetime value & duration)
Key metrics for March 2024
Total outsourcing inquiry value – March 2024
Total outsourcing inquiry value – 12 months
Notable inquiries
Outsource Accelerator generated a daily average of over 40 inbound outsourcing inquiries in March. Of the total 1,244 inquiries, 963 were quotation requests. Here are six interesting examples:
Quality analysis
Outsource Accelerator analyzes the data from all inquiries monitoring them for quality. The platform assesses lead quality on a range of validation, quality, and engagement metrics.
OA500 2024: The Global Outsourcing Firm Index
Outsource Accelerator monitors the outsourcing industry and has developed a ranking system for all outsourcing firms globally. Our Research Team has spent the last 12 months collecting the necessary data (measuring over 20 publicly available metadata points), analyzing, and publishing the findings.
The Global Outsourcing Firm (BPO) Index catalogs, analyzes, and compares all known outsourcing firms globally. The index provides a great indicator of a firm’s reputation and prominence.
Read the OA500 methodology white paper here or browse the fully-interactive OA500 directory.
The OA500 2024 is a comprehensive analysis of the $280bn global outsourcing industry. It is the first objective index of the world’s top 500 outsourcing firms and has become a vital metric for the industry.
Outsourcing inquiry insights – March 2024
The Source Partner dashboard provides live analysis and deep-dive insight into the traffic and inquiries coming through. Some insights from this month:
Number of roles initially required
Size of clients’ company
The inbound inquiries come from companies of all sizes – from startups to multi-national enterprise
Location of clients’ company
Clients’ company sector
The client companies cover almost every sector possible, and the roles they seek are also very varied
Source Partner v3.0 is now live!
The new Source Partner dashboard is now live! The v3.0 release is a complete rebuild and offers unrivalled tools to help outsourcing firms attract new clients, and make more sales. It offers:
➤ Powerful business intelligence tools to identify outsourcing client prospects.
➤ Get introduced to hot inbound outsourcing inquiries.
➤ Powerful analytics and business intelligence tools to assist the sales process.
The most powerful outsourcing platform
The Source Partner platform is the world’s most powerful outsourcing marketing platform, business intelligence tool, and community. Join us in this journey. Early birds catch the worm!
List or claim your company page today – and get access to the SP dashboard. It’s free.