Winning Your First Freelance Job: How I Got Started
tbbuck.com
tbbuck.com
I believe what mootothemax is advocating is that getting your foot into the door opens up a lot more possibilities than trying to out bid people who have a lot more experience. Sure $20 may not be much but often people who frequent these sites have much more work to offer and they are more likely to offer it to people they can depend on.
Personally though I have found the best way to land gigs is to network. There are plenty of shops out there that have more work then they can handle and they are always looking for people to help ease the load.
I would argue not to take this route, as many of the clients on these websites are a pain to deal with.
An example from personal experience; when I was in college I wrote a Win32 application that ran in the background and did some stuff. I spent a couple of days on it (including research for some obscure things) and made $100. Flipping burgers would've been more profitable and the experience that I had with that client was all but 'fun'.
There are plenty of clients out there that want to pay good for good programming work.
Despite the level of income from each job, the OP's approach is very solid. Have an excellent reputation, work closely with your client and build a solid portfolio.
That said, I can't speak for any of the marketplaces for coders because I don't code for money (marketing is my trade) but the essence is the same.
Post author here - as ever, if you have any questions or want any clarifications, please feel free to ask away :)
Tom.
So let's say that you're browsing through bids, and you see a couple for $200-$300 which look like they could be fun, and then another one for $1,500. Obviously you're going to spend a lot more time preparing the bid for the $1,500 project than for the other two. Plus, I only bid on major projects that I personally found interesting, and I think my enthusiasm carried across.
In general, for the major projects, I got pretty much well every one that I bid on; for the minor projects, probably around 25%.