You can learn How to Make Money on Fiverr here, Fiverr is a popular site for freelancers to offer their services for $5. You can sell your skills as a freelancer on different freelancing websites and one of these websites is Fiverr.
Fiverr Basically, you create and offer gigs, selling your services, you can offer hundreds of different types of services in the following categories, Writing and Editing, Transcription, Translation, Digital Marketing, Graphic Web Design, Internet Marketing, Presentation Design Food Recipes, Virtual Assistant, Blog Writing, Beta Reading.
Fiverr is a potential platform to earn passive income as well as a competitive platform. In this post We will explain to you How to Make Money on Fiverr.
Table of Contents
What Is Fiverr?
Fiverr can be said to be the largest online marketplace for $5 services. That can also be said to be the pioneer in this market. With this unique idea of selling services for just $5 Fiverr has grown exponentially since its launch.
Fiverr has opened up a new business path for sellers to offer their services and earn massive income. Fiverr is a global online marketplace that offers various tasks and services beginning at a cost of $5 per job performed. This is how Fiverr derived its name. It always starts with a $5 job.
Is Fiverr Good for Freelancers?
Fiverr is primarily used by freelancers to offer services at a cost of $5. As time passes Fiverr lists more than million services on the site, with the price ranging from $5 to $500. Fiverr is a good place to start with to build your freelance Empire.
Sometimes, looking for a platform to present your services can be the most difficult thing for a freelancer connection is all a freelancer needs, and Fiverr has created this platform for you. This is a place where everyone can be connected to search for the services that they need.
Fiverr is extremely easy to navigate and use. The website design is clean and clear that even first timers can understand the concept easily in no time at all. And account on Fiverr is all you need to start with whether you are a seller or a buyer.
As you already know Fiverr is a marketplace where people can offer their services starting at a cost of $5. The concept of Fiverr is straightforward. As a seller, remember this 4 steps procedure.
- Communicate with the buyer.
- Except the gig or send them a custom offer.
- Deliver the gig.
- Complete the order.
How Fiverr Works
Fiverr is the platform that connects Buyers and Sellers to get the project completed and grow their business. What separates Fiverr and from other platforms is it structured traditionally, other platforms require you to create a job post and then review candidates that apply to the job.
However, on Fiverr Sellers, great preset job profiles, where they describe in detail what jobs they’re doing, these are called gigs. One Freelancer can create, let’s say 10 different gigs and each gig will have its sample pricing delivery times and other information.
Sellers offer hundreds of different types of services in the following categories, writing and editing, transcription, translation, digital marketing, graphic web design, these are just a few and There are dozens, hundreds of different types of categories and services
This is great for buyers as they can go on the platform and browse available options instantly without writing a job post and waiting for people to apply and Buyers can purchase a service.
How to Sell on Fiverr
You can Follow These Steps to Set up and Sell on Fiverr.
1. Sign Up for Fiverr Account
First of all, Sign Up for Fiverr Account is free of charge. Go to their website, then click on join to sign up for your account. As mentioned, enter your email and set up the password. Other than that, you can connect to Fiverr to your Facebook or Google account without creating a new account.
It’s not necessary to fill in any other information unless you want to customize your profile manually. After that, you’ll receive a confirmation email from Fiverr activate your account through the email. And once you have completed the activation, you can start selling on Fiverr.
2. Add Payment Method on Fiverr
You’ll need is a PayPal account because it’s the main payment method accepted on Fiverr. If you do not have a PayPal account yet sign up for one and link them together. Other than linking your PayPal account to Fiverr you can set up a Fiverr Revenue Card as well.
The Fiverr Revenue Card is the second method for you to manage your revenue. However, you will need to pay a yearly fee for this and the yearly fee may vary in price. if you are from a country where you cannot use PayPal, Then you can use Payoneer. Also, there’s being Bank Transfer or Direct Deposit if you are a US citizen.
There are some things that you will need to take note of before you start your business with Fiverr nothing comes for free.
- Fiverr will pay only 80% of your revenue.
- The other 20% revenue share with Fiverr and PayPal will be deducted straight away.
- Instead of getting the full payment of $5, you will get $4 instead.
- You will need to wait for 14 days for withdrawal.
- When you’ve achieved the status as top rated seller and Fiverr, you will only need to wait 7 days for withdrawal.
3. Set Up Seller Profile
You can add photo, skills and experience to your profile. This is an essential part because your profile picture, skills and experience is going to represent the first impression to your visitors and buyers.
4. Create a Gig
When you are on your homepage, hover over to the username and click on the option of create a gig.
In the Overview, you need to fill out basic information about your services.
- Gig Title: You can fill in your gig title. Remember to optimize your gig title.
- Category: Select the category and sub category of your gig.
- Upload Cover Photo: Upload your cover photo. This will be the photo that will represent your gig, it will show up on top of the gig page.
- Description: Choose gig description that will represent your gig. Optimize your gig description to target your niche. Do some research on the Hot keywords that visitors will usually search for on Fiverr.
- Gig Metadata: Choose gig metadata that will represent your gig.
- Tags: Choose tags that will represent your gig.
- Delivery Time: Select your delivery time, click on the drop down menu and select the time that you need to deliver the work.
The first part you’ll see is the pricing for your basic gig. By default, it will be $5. You can edit your delivery time and do any revisions here.
You can edit your gig extras, you can only add two gig extras if you are a new seller on Fiverr.
If your service requires physical shipping, you will need to charge extra for the shipping. You can select it here and state the fee for it.
You can now upload a video to present your service on Fiverr. It is highly recommended for you to promote your gig with a video because they help to sell by 220% more.
Requirement is a page for you to tell your buyer what you will need to get started on the work.
Finally, you will be directed to the Publish page. Click on Publish Gig to do so. And there you go. You’ve just created your first gig.
How to Make Money on Fiverr 2021: 8 Profitable Selling Categories
Fiverr has hundreds of different types of services and seller categories. Here are some few of Profitable Selling Categories on Fiverr.
1. Internet Marketing
The internet marketing niche is wide. You can offer SEO Keyword Research, Domain name ideas and content writing services. Adding other gig extras you can earn up to $15 to $20 for a gig. Moving on content creation is also a highly demanded hot service. What you can offer is a 300 or 500 word article in charts and $5. You can offer them a squeeze page building service for $5.
2. Graphic Design
You can Make Money on Fiverr up to $2,000 a month with the Graphic Design related gigs Sell on Fiverr, For instance, logo creation, vector Design, flyer design and posters.
3. Presentation Design
If you’re someone who already knows how to create Presentation Design and PowerPoint or wants to learn, this is definitely something pretty lucrative for you. You can earn up to $50 for a gig.
4. Food Recipes
Make Money on Fiverr with Low Competition high demand Gig Food Recipes, You can also make a gig in this keyword. This is very less amount of work you had to do in this keyword and you just have to provide to your client and you can earn up to $50 for a Food Recipes gig.
5. Virtual Assistant
Virtual Assistants is blowing up right now, so many people are coming online that they need admin help. There’s nothing wrong with that you can also open a Fiverr business account where you manage an agency within Fiverr. You can Make Money on Fiverr Up to $100 for a Virtual Assistant gig.
People need their podcasts transcribed and this then helps them turn it into blog posts, YouTube scripts, a bunch of other ways that they then go to repurpose it. If you will listen to a 45 minute podcast and write it out for a person, They will pay for it up to $50.
7. Blog Writing
Blog Writing is definitely the easiest, it does not take a rocket scientist to learn how to write a blog, you come up with a title, a subtitle, an intro paragraph bulleted points and a conclusion. You do not have to have some fancy degree to do this. And if you’re brand new starting out, you can start by charging $35 for 500 words and $60 for 1000 words.
8. Beta Reading
Beta Reading is when a non professional looks over someone’s piece of writing or a book and gives their honest opinion on it before it is published officially. So the whole point of being a beta reader is that you are not a professional, you don’t work at a publishing company, you’re someone who’s just willing to give your opinion on whatever this person has written before they post it or publish it. You can earn up to $70 for a Beta Reading gig.
Tips to Increase Sales on Fiverr
There are over million gigs competing on Fiverr. It is not easy to stand out on the results page. These are Tips to Increase Sales on Fiverr.
You can try offering unique gigs. Fiverr will pick unique offers to show their visitors what they have. If you are offering a one of a kind gig that no one else has yet to offer, chances to get picked are higher.
High Value Gig
How can there be high value in return if all services are worth only $5. This means that a high value gig should be marketed to be worth more than just $5 give an impression that your service is worth more than $5. This is the ultimate purpose of offering high value gigs.
High Converting Gigs
Getting High Converting Gigs to be featured on the homepage is going to be one of the factors that Fiverr takes into account. Fiverr keeps track of the conversion rate of each gig in their site, not only on the traffic to your gig page, but also the visitors who end up actually buying your service. It can be concluded that the higher your volume of sales, the higher chance your gig will be featured.
Increase The Average of Order Value
Fiverr doesn’t make any money until someone buys something. They are highly dependent on the gig multiples and gig extras to increase the average of your order value. When your average order hits at least $10 for each gig, you are more likely to be chosen. Remember that Fiverr always shares a fixed percentage of revenue with the sellers. The more you earn, the more they will get as well.
The Star Ratings
Getting excellent feedback and reviews from customers and achieving high star ratings is one of the factors. This is the final criteria that Fiverr takes into account the star ratings of your profile. Having a high percentage of positive feedback is the key. When the percentage of positive feedback from your customers is high, it contributes to your star ratings. When your star rating is high, your converting rate will increase as well as the average of order value.
Gig Extras allows you to earn more than $5 for one gig on Fiverr. You need not send more traffic to the same place. By just offering the Gig Extras you can generate larger profits with the same amount of traffic. Gig Extras are the additional services that you can offer them on top of the gig for an additional price defined by the sellers.
Promote on Social Media
You can promote your gigs on social media such as Pinterest, Instagram, YouTube, Facebook and Twitter. You can create your own Facebook page so that whenever you update a gig on Fiverr, you could post an ad on your page. Another advantage to creating your own Facebook page is that you could possibly create your own community with targeted audiences.
Pros and Cons of Fiverr
Here are some Pros and Cons of Fiverr.
Pros of Fiverr
- Do not have to chase down clients for payment.
- There are also a wide range of services that you can offer.
- Fiverr has built in clients and You don’t have to go finding clients.
- You can add upsells or addons to your gigs, So that people can pay for additional services from you.
Cons of Fiverr
- Competition is tight.
- Buyers not verified.
- It can take up to 2 weeks for your payment to clear.
- Fiverr take 20% of Sellers earnings. If you sell a gig for $25, They will take $5.