What is Fiverr.com About?
Fiverr is an online marketplace providing freelance services. Freelancers have a chance to connect with customers worldwide, and in exchange, Fiverr charges them a percentage of their earnings. Its model focuses on listing temporary work positions while the buyers search to find the best person to fulfill their project or task.
How exactly does Fiverr work? Well, Fiverr is the market operator, the middle man so to speak. Multiple third parties, in this case, freelancers registered with Fiverr.com, post jobs or tasks they are willing to do in exchange for money. People looking for products or services also register with Fiverr (for free) so they can purchase these services.
The name of the company is derived from the original price of the gigs – at one stage every job offer was priced at 5 dollars. This has changed and freelancers now have more leeway in deciding how much to charge their clients. I once hired someone to perform keyword research. He charged in $5.00 increments based on the number of keywords.
Freelancers are generally independent, self-employed people. However, some may work for companies that re-sell labor. Some people feel this is more lucrative than selling their own labor on online marketplaces.
So, Fiverr, Does it Work?
Overview of the Fiverr Marketplace
Does Fiverr work? From my research it does. There are people that know how to use Fiverr to make money and that’s the key. Competition is tough, as more and more folks are moving online to make a living.
There are legitimate ways to build your reputation online and there are blackhat methods and then all kinds in between. Blackhat methods are techniques which companies frown upon.
Basically, it means breaking rules and regulations. I don’t advise it at all but lots of people use them to get ahead. Why do I mention this? Because if you want a long-term sustainable business you should avoid Blackhat.
Now just as some sellers may try to game the system there are some operators that may bully their freelancers either intentionally or due to incompetence.
Concerning Fiverr, I would be careful to do your due diligence before starting to sell on their platform. According to the BBB in New York, they have a one star or F rating. 93% of the reviews are negative.
In addition, I found several websites documenting negative experiences in situations that were not the sellers’ fault. For example, buyers trying to scam the sellers. I am certain there are many positive seller experiences because usually, bad news travels faster and farther than good news.
On the other hand, I don’t usually come across such a large number of negative comments about a company and their methods of resolving issues.
How Much Can You Make at Fiverr?
In any business, there are people who make a lot and people who don’t. I searched the web to get an idea of what is possible and to be quite honest it varies. So, I decided to go to the Fiverr Forum to see what people think.
I read the typical kind of gripping and negativity often associated with unsuccessful people. Always criticizing others (which in some cases may be justified) but never taking a good look at what they are doing to try to change their situations.
That was until I discovered a “success” thread which provided me with the information you need. Yes, people are making $500 a week, $1000 a gig, $300 a day and so on. Making a full-time living is doable.
What I would be concerned about is doing things a “certain way”, following the rules for example and building credibility so you can become a Level 1 Seller.
There are several requirements necessary to becoming a level one seller which need to be fulfilled at Fiverr over a 60-day period. You must:
- sell actively for the 60 days.
- receive at-least10 individual orders.
- Earn $400 or more.
- Maintain a 4.8-star rating (out of 5).
- Have a 90% response rate.
- Get 90% order completion.
- Sustain 90% on-time delivery.
- Be warning free over the course of 30 days.
Those who can achieve this level are rewarded by getting more exposure from increasing the saleability of their offers. Fiverr.com will allow you to include:
- 10 Active Gigs
- 4 Gig Extras priced at $5, $10, $20, $40)
- 10 Gig Multiples
- Send Custom Offers, up to $5,000.
- Earning clearance: 14 days.
- Eligibility to be featured at promotional listings.
So as you can see, the potential to make a good living is there – it’ll just take a little ingenuity and hard work. The question then now changes from Fiverr, does it work for sellers to how do I get started?
How to Start at Fiverr to Make Money?
Snapshot Courtesy of Fiverr.com
The most important thing a freelancer needs is a service to offer his or her clientele. There needs to be sufficient demand and the person must have the skills and tools to deliver. Here is a short list of in-demand categories on Fiverr.com:
- Graphics & Design
- Digital Marketing
- Writing Team and Translation
- Video and Animation
- Music and Audio
- Programming and Technology
- Fun & Lifestyle
These categories can be broken down into sub-categories. For example, the image above shows three of many in the graphics and design category. You could specialize in one of these areas.
Here is the full list: logo, fliers & brochures, packaging, Illustration, book and album covers, business cards and stationery, web & mobile design, presentations, infographics, cartoons & caricatures, architecture & floor plans, 3D models and product design, T-shirts and merchandise, photoshop editing, banner ads, social media, vector tracing, invitations.
Check out all of the categories – if there is a category or sub-category on Fiverr that means people are making good money from it. Of course, if you have an original skill to offer go for it. You never know until you try.
Now, some of you are thinking I don’t have a skill so what should I do? Quite simple, learn one. Choose a service you think you might like and then use the internet’s information to learn all about it. You’ll gain your experience and reputation as you do more and more Fiverr gigs.
Setting Up The Fiverr Gig
Once you have mastered the skill you need to complete your service it is time to post your job offerings on your Fiverr sales page. First, check out a few of the top sellers offering the service you want to offer. Pick out the parts you like from each of your competitors’ ads (do not copy it) and create something for yourself.
The title should clearly state the service you plan to deliver. It is a good idea to mention and offer 24-hour delivery, especially for the first while to build up your client list.
Although video will be the main focus of your audience you need an image 550 pixels wide by 370 pixels high and it’s a good idea to showcase your work in your image, especially if you are a graphic designer.
I think a detailed description is a good idea. Let people know what you can do for them. Write down your rates and be clear about what service they receive. This will also help in case there are any discrepancies later on.
Tags are important for the search engines. It is also a good idea to check out other gigs to see what they are writing and using for their Fiverr descriptions and tags. Remember only the top performers.
Instructions for the buyer should also be clear. Tell them what you require to complete the project on time and lastly add a video. Why? Because gigs with a video preview get 220% more orders.
There are free video services available & that is all you really need. However, if you have money and want something really professional to read my blog post about Slidley Promo (perfect for a 60-second video).
So videos must follow some unwritten rules:
- it can’t be longer than 60 seconds.
- Must show off your expertise.
- List all the benefits.
- And mention this available exclusively on Fivver.
You may want to sell your services on other similar sites at a later date and if you do, you can change something about the Fiverr gig so that you are not misleading potential clients. Don’t underestimate the value of integrity in marketing.
That’s it. Just remember to treat the customers with respect and over deliver if possible.
Fiverr Success Stories
The Fiverr.com Blog seems to be a very positive site to visit. It is important, no matter what online business you choose to pursue, that you remain positive. Avoid the naysayers and negative personalities. Albert Einstein once said:
Stay away from negative people, they have a problem for every solution
You’ll find that in the online world – if you really want to succeed long-term you must play by the rules and adopt, find ethical ways around the difficulties that are bound to pop up.
You can focus on the negative, as in the Fiverr forum or you can spend your time on the positive by going to the Fiverr blog.
The blog not only has informative guidance, it has an extensive array of success stories to motivate and sustain you during hard times.
Personally, I would say choose someone who is selling a similar product to you and learn as much as you can about their business. Possibly even reach out for some advice.
The blog is divided into several categories, one of which is the success category. The others are more practical: Start Your Business, Promote Your Business, and Scale Your Business.
These are broken down further into sub-categories. For the first, it contains posts on doing market research, finding business inspiration, and finding and validating your business ideas.
The second has articles on digital marketing, investing in sales and advertising, social media and how to excel at content marketing (my specialty by the way).
Finally, Scale Your Business is composed of finding creative solutions, increasing customer retention, programming and technology and tips for entrepreneurs.
What do I think about Fiverr? Does it work for sellers? I believe so. Everything online is becoming more competitive these days however I think there is still a lot of opportunity because of the billions of people online. Just get started.
Here’s a really great motivational YouTube video about success by Art Williams titled Do It.
The one aspect I did not talk about is what happens after you have become a top seller on Fiverr or any other freelancer website. You can eventually start your own business. Having a website will help you find your own clients. Another idea is to hire your own freelancers and outsource work you get on sites like Fiverr.
I decided to take a different approach and build my website first because then the clientele is mine, not Fiverr’s. Yes, at first I couldn’t earn an income but for me, the tradeoff was far better because I can earn a reoccurring income. Do the work once and sales keep coming.
And I have a piece of real estate online which one day may be worth thousands of dollars. There are various ways to make money online. My Wealthy Affiliate is one of many and Fiverr is another. Whichever one you choose to follow it through, stick the course and you will surely find the success you are looking for.