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Title: how to make money on Fiverr


1
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Understanding Money A Personal finance blog
How To Make Money On Fiverr ?April 2,
2020 ?samkadya
Fiverr is one of the worlds largest online
marketplaces for freelance services. It connects
sellers to buyers from all over the world, thus
creating opportunities that never existed before
the internet age. The services o"ered on this
digital platform include article writing, video
editing, WordPress website set up, social media
marketing, etc. As you can see these are mainly
services that dont require a physical
presence. The Fiverr platform is currently
available in the English, French, Spanish,
Portuguese and Dutch languages. I am currently
not aware of any plans by Fiverr to add more
languages. The services provided on the platform
are called gigs which Fiverr has registered as
a trademark. How does Fiverr make money? Fiverr
makes its money from service and transaction fees
from services provided on the platform. In 2018
the company had revenues of 75.5 million and a
net loss of 35 million.
When was Fiverr formed?
2
Fiverr was formed in 2010 and is currently
headquartered in Tel Aviv, Israel. It is the
brainchild of two Israeli entrepreneurs Shai
Wininger and Micha Kaufman. It is listed on the
New York Stock Exchange which it joined in
2019. What if the origin of the name
Fiverr? Fiverr derives its name from the fact
that in the early days the tasks were charged at
5. Nowadays the sellers are allowed to charge
much more than 5. How does Fiverr work? On
Fiverr, buyers of services pay for their orders
in advance. After the task is completed and
delivered to the buyer by the seller, the seller
keeps 80 and Fiverr gets to keep the remaining
20. How to start selling your services on
Fiverr 1. Register an account The first thing
that you need to do is to register for an
account. In this process, you provide details
about yourself. To create an account as seller
you need to do the following On the homepage
click on Become a seller as shown below.
On the next page click Become a Seller. Enter
your email address and then click continue. There
also options to use your Facebook or Google
connect. Then you provide your username and then
a password and click Join. Fiverr then sends a
confirmation email and once you click on it then
you are ready to go to the next step. 2. Seller
profile creation After registering your account
then you go for one of the most important things
if you are to be successful in attracting
customers i.e. the creation of your profile.
3
This is important because your profile is one of
the first things that people see when they
search for gigs. You, therefore, need to create a
good first impression. Take care in choosing the
images and the words you use as it can mean the
di"erence between being ignored or being hired.
Be a bit more creative in the picture that you
put on your profile to attract more potential
buyers. 3. Gig creation This is the time to
create specific o"ers of work you can do for your
hirers. My advice is to provide as much
information as you can about your
services. Write in such a way that is honest but
also attractive and compelling enough that people
are persuaded to buy your gig.
After you are done then you need to add your
charges. In setting your charges you first need
to review the prices that your competitors are
charging first. You do not necessarily have to
charge your gig at 5 as sometimes people may
rather opt for a more premium price. Quality
services will always be a little more expensive
than the average. Ways To Make Money on
Fiverr 1. Doing voice-overs There are so many
people looking for people to do voice-overs for
their videos on Fiverr. This is, therefore, an
area where anyone with a clear and good voice can
venture in.
4
Even if you dont think that you have a nice
voice this is something that the majority of
people can easily train themselves.
Many of the people ordering this service are
generally looking for native speakers of English,
Spanish and Portuguese. In English, the most
popular accents are American English and British
English. Even though this is the case there is
still room for other English speaking
people. There is a sizable number of people that
wont mind your accent as long as you are able to
express yourself clearly. For this service, you
can make between 5 to as high as 500 per gig.
It all depends on the amount of work
involved. 2. Video Editing More and more people
are also looking for people to edit their videos.
I personally have various videos that I would
appreciate if someone o"ered to edit them for
me. Therefore if you are experienced in video
editing this is another area that can bring you
extra money. Buyers are looking for video
editing services such as subtitles, animations,
etc.
5
  • I have seen sellers charging anywhere from 5 to
    100 a gig. So if you are comfortable with
    adding graphics etc to videos you can excel on
    Fiverr.
  • Website development
  • This is another popular gig on Fiverr. Most of
    the buyers here are looking for mainly WordPress
    website developments.
  • WordPress is the most popular content management
    system for serious website or blog owners.
    Therefore if you want to make more money you need
    to consider o"ering gigs targetting WordPress.
  • If you are good at this you can make up to 1,000
    depending on the work required.
  • Keyword research
  • Most bloggers are looking for easy to rank in
    search engine keywords for their blogs.
    Unfortunately, most keyword research tools are a
    bit pricey.
  • This, therefore, creates an opportunity for
    people with subscriptions with services such as
    Ahrefs Keywords Explorer, Moz Keyword Explorer,
    Soovle, Jaaxy, etc.

6
  • If you have access to these tools then you can
    easily make money for work that takes a few
    minutes using these tools. It is probably the
    easiest gig you can ever create.
  • Translation services.
  • There are so many buyers on Fiverr who are
    looking for sellers who can translate their
    documents or articles. If you, therefore, know
    languages such as French, Portuguese and Spanish
    then you can put your language skills to good use
    on Fiverr.
  • Besides translation services, you can also o"er
    to teach people some languages as well for a
    decent fee.
  • Social Media marketing
  • Billions of people all over the world are using
    various social media platforms such as Facebook,
    Pinterest, Twitter, etc. This presents a new
    platform for sellers to market their products.
  • It is in this sense that more and more companies,
    sole traders and associations are looking to
    improve their social media presence. This is
    because over the past few years more and more
    people are participating in Facebook, Pinterest
    and other social media sites.
  • Business goes where people meet and nowadays
    people interact on social media more and more
    and that is where businesses are now going.
  • This, therefore, presents an opportunity for
    social media expert to help improve businesss
    presence on social media.
  • Creating illustrations

7
There are so many people out there who are
looking for people who can help them with
illustrations. These people are all over Fiverr
looking for illustrators to hire. If you are
good at drawing comics etc then you can take
advantage of this need by o"ering unique
services that others are not o"ering currently.
This is not yet a saturated market and therefore
can easily be entered by those willing to o"er
their unique capabilities. Gigs on illustrations
can range from 10 to over 300 per
gig. 8.Virtual Assistant According to
Investopedia, a virtual assistant is an
independent contractor who provides
administrative services to clients while
operating outside of the clients office
typically from a home office. More and more
entrepreneurs are now hiring virtual assistants
from all over the world to assist them with
tasks such as data entry. I know of bloggers in
America who hire virtual assistants from places
such as the Phillipines. This, therefore,
presents an opportunity for people all over the
world to be engaged by recruiters from all over
the world. If you, therefore, can do basic
duties like writing articles, keyword research,
etc you can o"er yourself on Fiverr and can get
recruited from buyers from all over the world.
Tips to help you succeed as a Fiver seller 1.
Create a good profile
8
One of the most important things that you need to
do to succeed is to create a very good profile.
You need to take your time on this to make sure
that you give a good first impression about
yourself. I have heard of sellers who experience
a huge increase in orders by simply changing
their profile picture. 2. Create unique
gigs. This is another thing that can di"erentiate
you from everyone else. If you are just starting
out on Fiverr you many need to o"er something
unique. Target the things that other people are
not o"ering as this prevents you from having to
compete with thousands of other sellers.
  • Another advantage of doing this is that you can
    also easily charge a higher fee than your
    colleagues.
  • Use SEO in writing your gig o"ers
  • Fiverr has a search box for buyers to search for
    gigs. In order to stand a better chance of
    ranking in Fiverr, you needed to take this into
    account when creating your gig.
  • You need to think of the words that people will
    type on Fiverr and on google as Fiverr gigs also
    appear in search engines. Sprinkle these words
    throughout your gig description.
  • This will help you to get more people to visit
    your gigs as you will rank higher up in the
    search results of both Fiverr and google, etc.
  • Take advantage of upsells

9
This is perhaps one of the best ways to make more
money. In your gigs o"er your customers more
o"ers for an extra fee. This is how many sellers
are killing it on Fiverr and you should not be
left behind. Dont leave money on the table as
they say. People who have already bought your
gig are more likely to hire you than anybody else
for more work on their order. 5. Focus on what
you know best In creating gigs it is best to
focus on things that you are very conversant
with. If you are good at creating illustrations
then create gigs on that. It makes no sense for
you to create a video editing gig if you are not
good at video editing. This helps in making sure
that you o"er quality services to your
buyers. Fiverr has a customer rating system and
if you o"er poor services even your ranking in
Fiverr search results will go down. Conclusion A
s you can see Fiverr has o"ered an opportunity
from all over the world to o"er its services to
buyers from all over the world. If you follow the
tips on how to make money on Fiverr provided in
this article then you will do well. Please share
your experiences in the comments section
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