Learning about Fiverr

I’ve been doing some research on Fiverr.com, and I think that this is such a good source of both making money and paying minimal money for services that it is definitely worth sharing with my readers!

Fiverr is a global online marketplace offering tasks and services, beginning at a cost of $5 per job performed (namesake!). The site is primarily used by freelancers who use Fiverr to offer services to customers worldwide. These services can go up to $500 and include things like writing, translation, graphic design, video editing, and programming [wikipedia]. Though these are the general services, if you dig around this site, you can find some truly absurd tasks. Things you didn’t know you needed and things you didn’t know  you could make money doing. It’s insane!

The service is completely free to join and free to list your services on with no hidden fees. Fiverr makes their money by keeping 20% of each transaction made. 80% profit isn’t half bad for tasks that (generally) take minimal effort anyways. Beyond this, Fiverr really allows you to be in control. As their site mentions, you have full control over your brand (profile, services, portfolio), your communication (secure platform to talk to potential clients or vendors), your payments (accepts credit cards, paypal, and even bitcoin), and your pricing (no negotiation, fixed at levels).

It sounds almost too good to be true, right? It’s not, if you use it right.

US News published a great article on how to best use Fiverr services for profit. They note that Mark Mason, a semi-retired publicist in Chicago, recommends that Fiverr newbies always start at $5, and then slowly build up as your reputation builds. It’s incredibly important that you have great recommendations and reviews – the more trust users have in you, the more trust other users will have in you.

A successful Fiverr wrote a tutorial describing his climb to Fiverr success. He says that it’s super important to create your gig image (something eye catching and something that stands out) as well as your gig description. Don’t copy anyone else’s, or you will get banned. You will need to use your own wit to woo customers your way. He also mentions that tagging/keywords are important as well as guaranteeing your service for 1 day turnaround. No one wants to wait.

Another successful Fiverr wrote a tutorial describing his top tips as well. His tips that caught my eye? Offer incentives for repeat orders, encouraging long lasting customers. Keep your response time low, always be available, and never offer services that take more than 24 hours to do – people want results quick – that’s why they user Fiverr! Lastly, share your gigs on social media! More eyes that see this – the better.

Are you inspired? I sure am. Seems like an awesome way to make easy money in spare time…what would your Fiverr service be?