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Fiverr is one of the top online marketplaces for freelancers worldwide to offer their services. The platform was founded in 2010 and currently has over 3 million active buyers. Fiverr connects freelancers who are willing to work with businesses that are looking for a particular skill. As a freelancer on Fiverr, you can offer your services to businesses starting from just $5 in over 500 categories.
- Set your own prices – you can choose how much you want to charge for a service, starting from $5. You get paid per service and not based on time.
- Wide variety of earning opportunities – there are over 500 categories that you can offer your services in, giving rise to high earning potential.
- 3 different options for cashing out – you can withdraw your earnings via a Fiverr direct revenue card provided by Payoneer, bank transfer, or PayPal.
- Protection from fradulent chargebacks – if you experience a fraudulent chargeback, Fiverr will add the funds back to your account in 45 days.
- High service fee – Fiverr charges a 20% service fee for all transactions, and you won’t get to keep the full amount paid by buyers for your services.
- Long holding period for earnings – earnings will remain as pending for 14 days after the completion of an order before you can withdraw them.
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What is Fiverr & How Does it Work?
Fiverr is the largest online marketplace for freelance services, connecting businesses with freelancers providing digital services in more than 300 categories.
The main mission of Fiverr is to change how the world works together. As a result, they provide a platform where customers can find relevant freelance services for their projects and order from their preferred freelancers worldwide.
Fiverr differs a lot from other freelancing platforms. It plays as the typical marketplace and just like any other marketplace, you can sell your services.
So you’re not getting hired, rather the clients buy your services or how Fiverr calls it – gigs.
What Are Fiverr Gigs?
On Fiverr, you as a freelancer are called a seller. Fiverr gigs are services that you’re offering to clients. When you create your Fiverr account, you need to list your gigs and buyers who are interested in your service will ask questions and purchase them if they are satisfied with your offer.
The gig prices on Fiverr vary from $5 to $10,000 depending on what service is offered.
You can currently offer gigs in following categories:
- Graphics & Design
- Digital Marketing
- Writing & Translation
- Video & Animation
- Music & Audio
- Programming & Tech
Each of these categories contain 30 subcategories, so it should be easy for you to find the gigs you can sell on Fiverr marketplace.
And what’s best about Fiverr is that you can set your pricing for your gigs and even offer upsells.
Is Fiverr Legit & Safe?
Yes, selling your services through Fiverr is completely safe and legit. The platform is protected with an SSL certificate that protects your billing and personal information.
In order to ensure both sellers’ and buyers’ safety and satisfaction, Fiverr works as a middleman, holding your payment in escrow before you deliver the order.
However, not all clients may be honest and trustworthy on the platform. In case your client refuses to pay you for the service you’ve provided, you can contact Fiverr customer service to help you resolve the case.
Moreover, more than 4,000 Fiverr reviews on TrustPilot total the score of 4.1 out of 5-star rating. But negative reviews mostly belong to clients who state that they received poor services from freelancers on the platform.
Fiverr is all about creating the safe and convenient freelancing platform. That’s why it provides various features to ensure you feel safe and comfortable working through their site.
The main feature of the Fiverr platform is a freelance marketplace. Freelance Marketplace is the part of Fiverr where sellers find gigs you as a seller have listed.
After the client finds the gig they’re looking for, they have an option to make an order immediately. They can also message you before they do so to ask any questions they might have.
Some clients may have specific needs. That’s where custom offers option comes into play.
A client may contact you through your existing gig, asking if you can provide the service they need. And as the service such clients need differs from your gig description and pricing, you can send them custom offers.
Private Communication Platform
To make things simple and protect your rights, Fiverr provides a private communication feature that’s built into the platform.
The built-in chat option allows you to communicate with your clients both from the Fiverr web version and mobile app.
Ratings & Feedback
Ratings and feedback feature is the key to your successful freelancing journey. After delivering each order, clients rate your work and provide feedback.
All of the feedback is recorded on your seller profile. And potential buyers choose freelancers they want to order from after reviewing your rating and feedback.
That’s why it’s important to always deliver high quality service so you collect some excellent feedback.
Secure Payment Gateways
To ensure a secure payment system, Fiverr provides 3 safe payment gateway options to withdraw your freelancing earnings.
- Fiverr Revenue Card – a Fiverr MasterCard, that’s supported by Payoneer
- Bank Transfer (Direct Deposit for the US)
In case you may encounter fraudulent clients, who make chargebacks, claiming they didn’t receive the service, Fiverr protects you by resolving the case in your favor. As a result, your funds will be back into your account within 7 days.
Fiverr helps you level up your skills by providing a Learn from Fiverr page where you can find interesting online courses in different categories.
How to Make Money on Fiverr?
Step 1 – Create Your Seller Profile
Your profile is probably the most important part of your Fiverr journey.
Your seller profile is the first thing buyers see when deciding who to order from, especially if you have no feedback on Fiverr yet.
So it’s important to make your first impression a good one.
Apart from providing a short description about yourself, make sure you showcase your experience, skills and history on your profile.
Step 2 – Create Your Gigs
After you’ve filled out your profile that leaves a good impression, it’s time to create a gig and list it on the marketplace.
At this step, you’ll need to provide all the information regarding your gig, such as:
- Information on your service – What will the buyer get? How long would it take you to deliver the order?
- Requirements – what information you need from clients to deliver your service.
- Your pricing.
Gigs usually have cover photos that are usually the first thing that grab buyers attention. So make sure your gig image is appealing and relevant to the services you provide.
Step 3 – Browse Client Requests
While applying to jobs is not the main feature of Fiverr, they still offer the section where you can find client requests and offer your services.
This section is especially beneficial when you’re new to the platform and looking for first few jobs.
Step 4 – Accept Client Requests
At times, clients will communicate with you before ordering from you while other times they will just purchase your gigs. Either way, you need to accept client requests and let them know you’ve received their order.
Step 5 – Deliver the Service & Get Paid
The last step in the process is to deliver the expected service to your clients after which you’ll get paid.
Payment processing takes time and your funds will remain in a “pending” status for a 14-day clearing period. Fiverr also ensures client satisfaction in this time frame as well.
Related: Manage all your clients with AND.CO
Fiverr Seller Fees
Creating a Fiverr seller profile and listing your gigs is free.
However, when your gig sells, you’re automatically charged $1 for every $5 you make or 20% of your order total.
Fiverr Pros & Cons
- You’re selling a service at the price you set and not your time.
- Remain anonymous – Fiverr allows you to remain anonymous and don’t reveal any personal or contact information of yours.
- Upsell opportunities. You can increase your Fiverr earnings by offering your clients upsells. E.g. you can offer less delivery time for additional payment.
- Seller protection. Fiverr ensures your and your funds’ security on the platform and helps you resolve the case with fraudulent clients.
- High selling fee – 20% of each order.
- Automatically accepts orders
Fiverr vs Freelancer
Freelancer is a freelancing platform where you can find freelance jobs and apply to them. While Fiverr lets you take one-off gigs, Freelancer offers more long-term options.
Fiverr vs Upwork
Upwork is the most popular freelancing platform alternative to Fiverr. However, Fiverr is a better choice if you’re looking for quick, one time gigs. On the other hand, Upwork is more suited to larger projects.
Fiverr vs PeoplePerHour
PeoplePerHour is a good alternative to Fiverr as well. But the two platforms differ in terms of projects available. While Fiverr lets you sell your services, on PeoplePerHour, you’ll be selling your time. This means, you work on hourly projects: your working time is tracked and clients pay you based on how many hours you spent working on their project.
Is Freelancing on Fiverr Worth it?
In general, I’d say Fiverr is a great platform for freelancers to sell their services.
However, getting your first few orders on Fiverr might be challenging and may take some time – days or even weeks. But successful Fiverr freelancers report that after you collect 5-star ratings and excellent reviews, your sales increase as well.
As a result you should be able to turn freelancing on Fiverr, your main source of income.