If you have one or two digital abilities, you can make money on Fiverr. Thousands of freelancers are now earning six figures on Fiverr. Since its inception in 2010, Fiverr has grown to become a large freelance marketplace. It has not only gained credibility in a short period of time, but it has also become one of the go-to sites for freelancing novices.
So, can you make money on Fiverr?
Certainly, although the difficulty level will differ from service to service. Based on my experience as a buyer and seller, I honestly feel there is still room in the Fiverr market, and the advice provided in this piece will assist you in achieving some fantastic results.
What exactly is Fiverr?
Fiverr is an online marketplace where individuals may offer $5 products and services. Fiverr brings buyers and merchants from all around the world together.
Earning $5 for every task may not seem like much, but if you know what you’re doing, those small sales can soon build up to hundreds of thousands of naira.
On Fiverr, you can offer something to the worldwide market for outsourced services regardless of your skill level or experience.
Business marketing, social networking, and advertising are just a few of the services accessible, as are hilarious films, graphic design, and translations, to name a few. On Fiverr, these services are referred to as “GIGS.”
How does Fiverr operate?
Fiverr’s main principle is similar to that of other online marketplace companies. A Gig is a service available on Fiverr.
The Seller (freelancer) provides the service, which the buyer purchases (employer) On Fiverr, the most common beginning price for offers is $5.
You must first register before you can purchase or sell anything. Buyers can browse and search for Gigs they want to buy on Fiverr.
When a customer is ready to buy, they place an order and then move to the checkout page to pay. Fiverr charges the buyer a $2 processing fee on each purchase and a 5% processing fee on sales above $20. After successfully completing and delivering the work, sellers keep 80% of each Gig they sell.
1. Create a Fiverr account
The first step towards making money on Fiverr is to create an account. On Fiverr, only registered users may purchase and sell.
After successfully registering and confirming your account with a registration link issued to your email address.
Following that, you must build your vendor profile. Your profile is how you introduce yourself to others. It is recommended that you present yourself professionally.
2. Establish a Fiverr Gig On Fiverr’s website
A Gig is a service. For example, a Gig may be as basic as “I will write a guest post for $5 on my business blog.” Sellers have the option of setting their own starting price.
Gig Packages allow sellers to offer several price points. They can offer buyers multiple service packages at different costs using Gig Packages.
3. Begin receiving payment
You simply need to wait for your first order from a consumer after signing up and completing all of the essential account setup procedures.
To hasten this process, advertise your services wherever you can.
To attract more buyers, write a distinctive description and include some good photographs or videos.
When you receive your first order, do everything you can to make your first customer pleased, and don’t forget to ask for positive comments or a review.
Four tips for making money on Fiverr
Why do certain Fiverr gigs have infinite queues of orders but others with nearly identical gigs go months without a single sale? Visibility is the answer.
These pointers will assist you in creating a Fiverr business that stands out from the rest.
1. Outstanding title and description
Writing SEO-friendly titles and descriptions for your gigs is one of the best tools you can use to boost your chances of getting noticed and making sales.
Looking at the titles and descriptions of other high-performing gigs in your Fiverr category or sub-category is a terrific way to ensure you come up with a strong title.
Apply the same principles to the gig description as you did to the title.
What words do a dozen or more successful sellers have in common?
These sellers aren’t cooperating, but a meta-analysis will reveal that they share several characteristics. This is for a good purpose.
2. Positive feedback from customers
Clients are more likely to buy after reading positive evaluations. According to my experience, roughly 60% of clients that order on Fiverr will write a review, thus you can practically double the amount of reviews to get an estimate of how many orders a certain gig has received.
Don’t start buying or fabricating bogus ratings; instead, do everything you can to take care of your customers and earn their five-star evaluations. It’s also a good idea to follow up with clients after they’ve received their order in order to maintain a positive customer connection.
3. Quick order fulfilment Fiverr is all about speedy delivery
One of the elements that influence Fiverr’s internal search ranking is delivery time. If you want your gig to rank high among all sellers in terms of quality as determined by Fiverr’s ranking system, you should try to deliver as quickly as possible.
You can establish a minimum delivery time of two days depending on what you’re selling to give yourself some wriggle space if you’re sick or just having a terrible day. You can also choose whether or not to charge an extra fee for expedited delivery.
4. Be courteous and courteous
Customer service is extremely crucial. Be personable and communicate fast. You must make them feel special and valuable because they are:
Fiverr’s success is dependent on great ratings and returning customers. Using polite phrases like please and thank you will assist your buyer feel valued, even if you’re in a hurry.
It will also inspire buyers to communicate with you in the same manner. There’s a time and place for urging terrible clients to jump off a cliff, but only as a last option.
The first rule of Fiverr selling is to be wonderful and deliver a quality product. Every client you meet will expect perfect awesomeness from you, and if you don’t provide it, they’ll go somewhere.
On Fiverr, there are plenty of places for poor sellers, but if you want to stand out, you need to be truly exceptional at what you do. Finally, keep in mind that Fiverr is a tool, not a destination in and of itself.
You must still perform your own advertising in order to maintain consistent sales. Start a blog and utilize it to advertise your Fiverr profile if you’re a writer. Start a podcast if you don’t like to write and prefer to speak.