Fiverr is a global online marketplace primarily used by freelancers. Fiverr allows individuals to offer jobs and services starting at $5 per job, hence the name. While $5 isn’t a lot of money, it’s a good source of side income. Most people use Fiverr to help other people, in other words, to provide a service rather than a physical product. There aren’t many rules or regulations on how to sell, they pretty much let you sell however you want. There is also no limit, so you can list as many products as you want.
Fiverr has no way to promote your service, so your best bet is to use an external source like Facebook, Instagram, or Snapchat and direct them to your service. Selling is the key to becoming a reliable seller. You have to work hard up front and sell a few hundred and get a few positive reviews, but once you do, you get more sales because people know they can trust you. It’s best to find a dedicated niche that doesn’t have many competitors, and the fewer competitors the better.
Fiverr has a relatively high price for you to use their network base. They take $1 for a $5 show and you take the rest. Payment is made through PayPal and they also require $0.42. This gives sellers a total reserve of $3.58 per gig. Other drawbacks include the inability to sell products, the inability to sell outside the Fiver database, and the $5 price cap.
Most people wonder: does Fiverr really work? My answer to this question is yes. Despite some drawbacks, there is a reason why it has become the top choice for freelance services. Fiverr launched in early 2010 and hosted over 1.3 million gigs in 2012. Website transactions have grown by 600% since 2011. Moreover, since the beginning of 2013, it has been in the top 100 most popular websites in the US and the top 200 websites worldwide.
So, how do you make money on this site? The answer consists of several steps. When you sell on Fiverr, you need to keep it simple. Remember that you should probably start small and work your way up, rather than becoming a Fiverr millionaire from scratch. Most people on Fiverr use it as a way to generate side income. When selling on Fiverr, also offer the smallest service for $5, then offer the larger package (if available) for a higher price. Some tips for your account is to have a good headline, it’s the first thing people see, make sure it makes a good impression. Also, make sure your photos are relevant to your show and are of high quality and professional. You know what they say, a good picture says more than 1000 words. People like to look at good photos.
Always remember to keep in touch with your customers and provide your service as quickly as possible. You can set how long it takes to complete the service, so remember that people expect you to keep your word. If you miss the deadline, your customer has the option to cancel their order, which means you could lose a sale.
So my decision was to give it a try. I think it’s a great way to make some extra money. I know it doesn’t pay well, but it can be lucrative if you learn how to simplify your parts so it doesn’t take you long to get a job done. There’s no penalty for canceling an account, so you can get started, and if you don’t like it, you can stop right away. Fiverr offers several categories to choose from. These are: Graphic & Design, Digital Marketing, Writing & Translation, Video & Animation, Music & Audio, Programming & Technology, Advertising, Business, Lifestyle, Gifts, and Fun & Weird. So get started today and head over to Fiverr.com to see how well you can sell.