For those who are looking for unique and lucrative ways to make money online and earn extra income from home, Fiverr often comes up as being a fun and viable opportunity.
Fiverr is an online market platform operating in every country in the world; based on the concept of freelance sellers offering their services through ‘gigs’, which range in price from anywhere between $5 and $500, Fiverr is a bustling online marketplace offering dynamic products and services for excellent value.
Since it’s launch in February 2010, Fiverr has grown to incredible proportions, and the platform currently offers over 3 million gigs; while that admittedly represents a high amount of competition, depending on your particular skills and talents, making money on Fiverr can be a unique and lucrative way to earn income from home.
Choosing a gig can be a challenge, particularly as it’s essential to strike the right balance between something that’s unique enough to stand out from the intense crush of competition while offering true value to buyers, and being something you can offer in a relatively short period of time.
For many sellers, creating a gig that centers around offering a time-consuming or labor-intensive service can make it difficult to take in enough money to justify their work; while each gigs starts out at a cost of $5, Fiverr itself takes a 20% cut of everything a seller makes, meaning that if you’re working for an hour on one gig, you’ve just made $4 an hour.
Once you’ve decided on and created a gig that you can perform, the next step is to rake in the sales in order to get promoted through the levels; after 30 days on the platform and 10 sales, while keeping your customer service rating extremely high, you’ll be promoted to a Level One seller.
Reaching 50 sales within 60 days on the site and maintaining your high level will get you to Level Two, and if you’re really good at what you do and you have a certain chutzpah, you may even get promoted to a Top Level Seller, a position that is handpicked by Fiverr staff according to unknown criteria.
The advantages of working your way up through the levels are twofold; first of all, becoming either a Level One or Level Two seller gives you a certain credibility with buyers on the site, often helping to increase sales.
The second advantage is that being promoted through the levels allows you to offer Gig ‘Extra’, or opportunities to offer more detailed and valuable services for a higher amount of money; an example of a Gig ‘Extra’ is being able to offer an Extra Fast delivery option on your gig for an additional $5 to $10.
Operating on a platform with so many other sellers can be intense when it comes to marketing your Gig and attracting buyers; there are a variety of ways to do this, for example:
Use Social Media: Posting your Gig on your social media profiles can help you gain tremendous exposure
Post on the Fiverr Forums: The Fiverr Forums are amazing, from a wide variety of other buyers and sellers engaging in useful conversation to a chance to post your Gig and gain traffic, there are a wide variety of advantages; one word of caution though, don’t spam!
Use Keywords: When creating your gig, you’ll have the opportunity to post keywords in order to enable your Gig to be found easily when buyers search for your type of service; this is an invaluable tool so be sure to choose your keywords well!
Making money on Fiverr is a great way to enjoy yourself while making extra money from home; while the competition can be stiff, following these few tips can make it simple to earn extra income.