Hi everyone,
I'm in a similar situation and wanted to share my experience.
I'm a web developer, on the platform since the Elance days, 100% Job Success Score, all 5-star feedback, Top Rated Plus. I've had a steady stream of work from regular clients for the past four years and rarely needed to search for new projects. Recently the work has started drying up. I've noticed that clients are very hesitant to invest in new features. Most are only maintaining their current systems.
I had accumulated 1000 connects over past year and applied to around 40 jobs over the past few weeks, carefully picked only those that align with my niche and past jobs. I never had problems landing jobs, I think I know how to write a good proposal.
10 proposals were viewed by clients, 7 clients reached out to me, 1 job was awarded to someone else, 1 job turned out to be technically impossible.
With the remaining 5, I had detailed discussions with two clients, agreed on specs and budget (both small projects), but then they disappeared. So 40 proposals, zero hires.
I still have about 700 connects left, and I'll keep trying until I run out. Maybe it just takes more applications, 80, 100? It is crazy because it sometimes takes an hour to write a good proposal. Not worth the investment.
I feel the market is overcrowded and the best clients are gone. And AI: Upwork job feed is 90% agency bots using AI to apply to job posts written by AI. AI talking to AI and Upwork collecting connects.