Making Money With Fiverr – 3 Tips

In today’s “gig economy”, Fiverr has quickly emerged as one of the more visible opportunities for young people.

Its ease of use, wide audience and plethora of talented vendors make it the best solution for entrepreneurs of all levels, enabling people to earn a decent income and a substantial full-time income from it.

Therefore, if you’ve heard of Fiverr, or are researching ways it can help you make the most of your time and skills, it’s definitely worth investigating. This tutorial explains what Fiverr actually is, how it works, and what it means for job providers around the world.

Founded in 2012 and headquartered in Tel Aviv, Israel, Fiverr has grown to over 3 million listings. The company’s name derives from the starting price ($5) for each listing, although a common misconception is that this is the “only” price you can list your service at. You can even offer services for as much as $1,500+. The $5 price is a nominal starting price.

The system provides “providers” with a way to list their services as “gigs” with the option. At these gigs, vendors promise to perform tasks ranging from digital marketing to creative writing for a small fee.

The customer pays the supplier and the money is held by Fiverr until the job is done. Suppliers then have specific times to deliver their work to customers. Customers can then request revisions or simply provide a “star” rating for the service they received.

The most important thing to remember about Fiverr’s business model is that it is short and sweet. People go there for “easy” jobs and usually don’t pay for something that is too ambitious. While it started as an easy way for a struggling student to make a quick buck, it quickly grew into the massive platform we see today.

Some of the most popular services you can buy on Fiverr are copywriting and creative/article writing. People want English-speaking writers to produce the “perfect” copy for their product listings, website, and overall business portfolio. By offering these services on the platform, you can immediately earn a few hundred dollars extra for relatively little money.

If you’re interested in how it works, here are 3 tips you can use to succeed on the platform.

personalize
The most important (for long-term growth) is personalization. Using your face, credentials and real portfolio is one of the most important ways to progress on the website. While you can progress anonymously – or hide behind a company name – making sure you invest in yourself is a much better option. Some of the most prolific sellers on the site are simply people providing credentials and providing a service.

sell what you know
Instead of trying to copy what other people are doing, sell what *you* know. It took multiple tries to get a gig that people were actively looking for (for example, my friend is a finance guy and I set up a Fiverr gig for him to sell “cryptocurrency” items – the orders came quickly in). The bottom line is that if you try to “fit in,” you’ll end up in a job you’re not really good at. Instead, you really need to bring out the best in you (so that people find you) in a creative way.

always experiment/test
Ultimately, you need to keep experimenting with new performances, new ways to promote your work, and new ways to portray things you’ve done before. There is no point in standing still as it will only waste your time and get you nowhere.

 

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