Fiverr is an online platform that allows buyers and sellers to connect so they can buy and sell digital services. It gets its name from the starting price of services which is $5.
What is Fiverr?
The idea behind their brand is to streamline the process of hiring or getting hired as a freelancer. The online marketplace cuts out the middleman of hiring, firing and HR departments. Smaller businesses can get things done on a more case by case basis and freelancers have the freedom of selling their services at any time to any company.
How Does Fiverr Work?
This site offers freelancers with services to customers on a global scale. Do you need a translator, a freelance writer, graphic designer or legal consultation? You can find services for all industries on all parts of the globe to get the job done!
There are two ways to view the site, as a freelancer or as a buyer. First, I’m going to explain the terms they use on their site and then I’ll break down how the process works for the buyer and the seller.
- Gig: A service offered on Fiverr’s website. Gig example: “I will write you an excellent press release for $5”
- Seller: A registered user (freelancer) who offers Gigs
- Buyer: A registered user who purchases Gigs (When a Gig is purchased, it’s called an order)
- Post a Request: A buyers request for services (Gigs) if they have a specific need
Fiverr For Buyers
As a buyer, you can browse through the category pages, or use the search tool to find a Gig you are looking to purchase. Once you hit search on something like a translator for example, you will find that a list of translators pop up.
Ready to get more projects done ? Connect with freelancers offering digital services in 300+ categories on Fiverr. Visit Fiverr.comTry Fiverr
Sorting through all the options can be tricky, which is why it's important to read through the descriptions of each service offered and take a look at their portfolio. You can also message the seller with any questions and to see if your specific project would be something that they can do.
Once you are ready to make a purchase, there are several ways to pay. Fiverr recommends that you go through their site in order to make sure that the payment is secure. All purchases do have a processing fee of $1 on purchases of $20 and below and 5% on gigs over $20.
Once you purchase a gig, the order goes to the seller. The money will only go to the seller once the order is completed. Before the order is completed you have an option to review and potentially request changes depending on the nature of the gig before the full payment goes through.
Fiverr For Sellers:
Sellers need to set up their profiles and create custom gigs to sell on the site. As a seller, you set your price and can choose to offer add ons to your gigs to bump up the cost.
Once a buyer decides to buy your order their money is taken from their account and put on hold for you until you complete the order. Sellers keep 80% of what they earn on each gig they successfully sell and deliver.
The more gigs you sell, the easier it will be to build your seller rating on the site. This means, you will potentially be able to charge more for the services you offer.
Earn additional income, build your portfolio and client base, and get more freelancing gigs. Start selling on Fiverr. Visit Fiverr.comTry Fiverr
As a seller, you have the potential to make around $1,000 – $2,000 a month depending on how well you market yourself and how many gigs you get. For many sellers, taking advantage of a skillset already built in the workplace and offering on this site is a great way to get even more experience and earn extra income.
Is Fiverr For You?
For freelancers, Fiverr requires a lot of work and marketing, just as any business does. The payoff is working your own hours from home and the potential to earn more than you could working another office job. Success stories for freelancers on the site include people like Charmaine Pocek who have earned tens of thousands of dollars a month.
For employers or buyers, you have the opportunity to save as much as 30% in payroll costs by bypassing HR and paying for full-time staff. Fiverr also gives you the opportunity to work with all different kinds of people so you can find who works best for you without having to hire and fire people along the way.