Posts by Categories
Small Business Internet Business Marketing Ideas Internet Marketing Franchise Business Ideas Boost Sales Startup Investment Low Cost Business Business Plan Home Business Loan Entrepreneurship Adsense Promotion Email Marketing Marketing Plan Real Estate Business Business Marketing Banking Oil and Gas Business
What is Fiverr - How Does It Work - How To Make Money on It
I was going through my Facebook timeline one evening when I got a message from someone asking me this question, “What is Fiverr”? I was so surprised that as popular as Fiverr some individuals on this planet still don’t know what Fiverr is.
So, that’s why I decided to write this post mainly on everything one needs to know about Fiverr.
What is Fiverr?
Fiverr is the world's largest online marketplace where one can either buy or sell his or her skills for any fee from $5 and above. It is also a marketplace for business with small budget to offer jobs for $5 and above.
So, in general, it is an online marketplace where buyers and sellers meet to do business. Business services that can be offered on Fiverr include writing, drawing, web designing, graphic designing etc. it is more like a job board.
How Does Fiverr Works
What is Fiverr gig? To know how Fiverr works, you need to first understand some things. A service offered or rendered on Fiverr is called a gig and the lowest price for a gig is $5 but actually you get $4 because $1 belongs to Fiverr as their commission.
Registration on Fiverr is free and it only takes maximum of 3 minutes to sign up. After setting up your account, you then create the service you have planned to sell. You create your gig, and fill in appropriate details about your gig, upload a good photo to make your gig very attractive, then you submit.
If a gig is approved by Fiverr, it goes live on their front page. After which you can take the link and promote it on any online platforms.
At Fiverr, you are allowed to create as many gig you can offer but two is better, so that client won’t think you’re just for the money and you can’t deliver their work because you have so many things in your hands.
Having a single gig makes you look professional as client will see it that you are a pro on the niche that you charge.
How to Make Money on Fiverr
What is fiverr good for? How can one make money on Fiverr? Very easy! I know that so many people have been finding it difficult to make good amount of money on Fiverr. Some even give up because clients refuse to pick them for a job.
What is gig in Fiverr?
Now, here is how you go about making money on Fiverr. After you have created your gig, you start pitching sellers. Let assume because of this post that you choose to offer a writing gig for $5. What you do is, you go to the category of writing and click on the niche. You will be shown list of people of needs the gig you are selling at that price.
You have to start pitching for the gig one after the other. Make at least 10 pitches daily. Some people selling services on Fiverr easily get frustrated after their first pitch and second pitch without response.
When you make 10 pitches daily and wait, you can get up to 3 that will get back to you on the gig and accept your offer.
On a second note, don’t price yourself too cheap. It touches me when I see freelancers offering so much at just a little fee of $5. If I am a client, I will just know you want the money so badly and start blasting you with enough work that is more than that fee charge because I know you won’t refuse.
Because they are people who are offering that same services at a higher fee and yet they still get enough clients to work with them.
For you to make money on Fiverr, you should not price yourself too cheap, start offering your gig for $10, this will make client see that you know what you deliver. After you have delivered a good work and your client is satisfied, don’t forget to tell the client to rate you. The more good rating you get, the more jobs keep pouring in.
What type of Gigs Make Money on Fiverr?
To be frank, there is no special gig that makes more money than the other. All gigs are rich.
Pros of Working with Fiverr
• It is the largest and well-known online marketplace for freelancers.
• It is easy to get started.
• As you start getting order, it continues to pour in and you can then increase your fee as you grow.
• Limited payment methods. Some payment methods allowed on Fiverr is not accepted is most countries.
• Fiverr charge as high as 20% of your earning compare to other freelance sites.
• The payment methods also charge their own hefty fee upon withdrawal.
Looking for what is fiverr com?
In conclusion, Fiverr may not be a place to make big money but it can, if you can create a strategy for yourself. I have heard of people making 5 figures monthly from Fiverr. Many freelancers use Fiverr to cover 60% of their bills, so you can see that you can make good money from Fiverr.
What are you waiting for, go to www.fiverr.com now and start selling your skills and make money in return.