If you have been considering making money online, then you should think of the popular freelance platform – Fiverr.
Understandably, there are countless online platforms that can fetch you regular passive income, but Fiverr is one of the well-known freelance platforms that helps you make a living from selling your skills. If you want to know how to make money on Fiverr, then everything you need to know is revealed in this article.
Understand that to make money, you need to be good in at least one sellable skill or you could have a team ready who can from time to time help you out.
WHAT IS FIVERR?
Fiverr is a foremost online marketplace to buy and sell services starting from $5. Service providers harness the platform to provide a variety of services for prospective clients from around the globe.
The services provided range from social networking, graphic design, seo service, translation, online content creation, business promotion, and so many more.
The services provided on this platform are called ‘Gigs’. So, whenever someone has interest in your services, they talk to you over it and pay you to do it. The website is very simple and easy to understand.
HOW DOES FIVERR WORK?
Fiverr is just like any other marketplace where sellers display their services (gigs) and potential buyers make enquiries about the services and finally make a purchase when they reach an agreement. So, Fiverr serves as the middleman that assures a unified satisfaction between parties. The platform currently boasts over 3 million gigs.
They pay sellers within two weeks of delivering a satisfied gig to the buyer, while the platform receives 20% of the transaction. This means that if you receive a payment of $10 over a gig, Fiverr will deduct $2 and you’ll be paid $8.
WHAT ARE FIVERR GIGS?
The services that you render as a freelancer on Fiverr are called gigs on the platform. Prices of gigs range between $5 and $10,000. But most of the gigs you’ll find there only cost $5 and there is often an upsell for extra and better services.
Categories of many of the gigs you’ll find on Fiverr fall under digital marketing, business, lifestyle, graphic design, voice over, writing & translation, music & audio, video & animation, web analytics, content writing, web designing, social media adverts, web traffic generation, and programming and technology.
IS FIVERR REAL?
Whether you are a seller or buyer on Fiverr, the site is one of the most trusted and legit freelance sites you will ever come across.
You can expect it to be totally safe but since Fiver acts as a middleman between the seller and buyer, you can expect them to do right by both parties. There are measures that have already been put in place.
You might be asking how does Fiverr protect buyers and sellers? Normally, Fivver holds the money for 14 days which means that as a seller it may take about 14 days before payment is cleared. They always pay eventually provided there are no issues. Notwithstanding, if you are unable to fulfill the agreement of the contract, fiverr will have no choice but to refund the money.
Therefore, always ensure to carry out every description guiding the requested service. For the upteenth time, you can count on Fiverr.
HOW TO GET STARTED ON FIVERR
1. Sign up on Fiverr
Signing up on Fiverr is pretty easy. Any account created on Fivver website is seller and buyer account. If you want to become a seller or create a buyer account, you will need to go through the same link.
Register a Fiverr account to begin your journey into earning passive income online. If you own a google account, facebook account or apple connect, you can connect with just few clicks and avoid the prolonged registration.
To join Fiverr, click the fiverr registration link.
2. Create a seller’s account.
The profile you’ll create on Fiverr must include what exactly you are offering potential clients. Your education and certifications are also necessary. In all, you must at least complete up to 65% of your profile before you can sell anything on the platform.
You may also need to link your social media profiles and verify your phone number for security purposes.
Fiverr also requires that some specific categories take skills tests. For instance, if you are selling your writing skills, you must complete a 40-minutes writing test.
Prospective buyers can also sign up using their Google profile, Facebook profile, or e-mail address. But then, as a freelancer (or seller), it is important that you set up your profile and add gigs to help you start earning on the website.
Think properly of your preferred username as you will not be able to change it later on. All Fiverr features will be available to you once your account is activated.
To create a seller’s account on Fiverr, you will need to click on your profile picture after login to your Fiverr’s account. Select ‘My settings” > Click on “dashboard and then click on “Start Selling”
On the newly open page, you will come across some videos which will give you an insight on how to use fiverr as a seller and start making money. You should go through it if you have the time or you can just create your seller’s profile.
The fields with an asterisk (*) are required. If you can take your time to provide an accurate and detailed information, this could give you a better chance of getting gigs on fiverr. Buyers will want to trust you can do a good job and since you are new with no much ratings and reviews yet, then they need your words for them to buy from you.
At the end of the registration, you will need to create your first gig as a seller on Fiverr.
New sellers always have concerns about what price they should attach to a service. Since you are new, it might do you some favours to start with a reasonable price. It is even better if it is lower than your competitors. You need to create a high level of trust before you can start getting recognized.
To get that trust, you need to have successfully executed some jobs and with no issues. Remember, potential buyers will go through the reviews/ratings to know if you can be trusted for a job. More successful jobs could give you the podium.
If you are a level one or new seller, the maximum price you can set is $5,000. Level two sellers maximum price is $10,000. As you level up, you will be able to adjust further.
TIPS TO HELP YOU GET TRACTION ON FIVERR
As a beginner, you may want to consider asking members of your family and friends to buy your Gigs at first, while they also give you five-star ratings. Since your performances, customer reviews, and earnings will be displayed on your profile for public view, this approach will help you get started with gaining the confidence of new buyers.
However, here are a few more things you should consider to gain the trust of buyers:
1. Write a precise and comprehensive description about the services you offer for your clients and why yours should be preferred.
2. Create your gig with a great cover photo. Consider including a video introduction (though not mandatory).
3. Ensure your Gig packages are competitively priced.
4. Find every way to build the confidence and earn the five-star reviews of your clients. You may also follow-up on them after you have delivered their order to build a good relationship with them.
5. Ensure a fast order delivery. Fiverr loves it when you do so. In fact, this is one of the factors that determines Fiverr’s internal search rankings. You can set a 2-day delivery time to give you enough room to get everything necessary ready. You may decide not to offer extra-fast delivery service if it is unlikely that you can meet up.
6. Your customer service must be on point. Be nice and polite to clients. Make your clients feel valued and important even when it seems you are having a bad day. Your reputation on Fiverr relies so much on their reviews.
HOW TO GET PAID ON FIVERR
Fiverr allows sellers to create multiple packages for their service – Basic, Standard, and Premium packages. You can also freely create different prices for each of them. Prices can range from $5 to $995. For your packages, you can charge $5, $50 and $80, respectively.
You may also add Gig extras and fix extra charges for them. An instance is if you have to speed up service delivery to a buyer. A buyer will be expected to make additional payment over the normal service fee to get the service delivered quickly.
If you get five gig requests at $5 each, every week for your Basic package, that will bring in $25 for you in 7 days. With one Standard package request at $50 a week, you’ll have extra $50 in a week. If you also get just one Premium package at $80 a month, you’ll be raking in close to $400 every month from the platform.
As time goes by, you’ll be able to earn much more. But then, you’ll need to work hard on your Gigs to start making something really huge.
Once your earnings are set for withdrawal, there are a few options you can harness to withdraw the cash:
- Bank transfer
- US sellers can request direct deposit
- Fiverr revenue Card (This is a debit card which is supported by Mastercard and Payoneer)