What is Fiverr?
Here at Work at Night, we try to find the best online income opportunities for our readers. The criteria for this is that the business model has been proven, the average person can learn how to do it, there are courses with extra help, and the opportunity is legitimate. If you want to make substantial money online you should consider Fiverr.
Fiverr is an online market where sellers offer gigs or micro jobs. Buyers search for services and then pay five dollars for every purchase. Buyers can also opt to purchase extra services at more cost. Signing up is easy for both buyers and sellers. There are ways to scale this business to make a full-time living working at home with it.
Fiverr is an online market where sellers offer gigs or micro jobs. Buyers search for services and then pay five dollars for every purchase. Buyers can also opt to purchase extra services at more cost. Signing up is easy for both buyers and sellers. There are ways to scale this business to make a full-time living working at home with it.
Advantages and Disadvantages
Advantages to Selling on Fiverr
- The seller receives payment of four dollars up front from the buyer for every order. The Fiverr company keeps one dollar.
- A seller can choose from many different categories in which to sell. These include graphics, design, proofreading, drawing, testimonials, transcribing, writing, translation, online marketing, music, programming, advertising, and business.
- A seller can earn exponential income by offering and maxing out gig extras and offering multiple sales. Gig extras are options to deliver faster service, write a longer article, include various formats of delivery, etc.
- A seller has a good chance of reaching higher Fiverr levels by providing good products and service.
- A seller can get started with zero money.
- A seller doesn’t need a website or employees. He or she can be the boss, a freelancer and a business owner. He or she can supplement or replace their job.
- Fiverr has a great platform for communication, marketing, and orders.
- A seller can make great contacts and form relationships with many professional customers.
Disadvantages to Selling of Fiverr
- Your money is not available for withdrawal right away; it is held for 14 days.
- You have to pay PayPal fees.
- There is a lot of competition. You will be against many other sellers who might have better feedback than you.
- Customers can be difficult. They might demand revisions. They also might leave negative reviews or zero reviews despite your best efforts.
- There are some dishonest sellers that inflate their own reviews and offer unrealistic gigs.
How to be a Success on Fiverr
- Attract the customer with a great title and description which covers all questions.
- Keep the customer’s attention and persuade them to purchase with great images and video.
- Over deliver on your promises; deliver fast and accurately. You want to gain positive feedback and reviews so that you will move up in search and get more orders.
- Utilize the option to add gig extras and multiples to your gigs. This is the only way to make a decent income.
- Know how to manage your time so that you are earning at least $20 per hour.
- Stay organized and keep track of your orders, communication and progress.
- Scale up your business. Become a middle man (broker) and match customers to Fiverr sellers. You can do this all day and make a great part time or full time income.
- Treat your business like a business, not a hobby. Each order is a job that you should be proud of.