Fiverr Review

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People have been selling products on sites like eBay and Etsy for years, but now there are sites popping up where you can sell professional services directly to everyday people as well as businesses. For instance, if someone is looking for services like transcription, graphics, video, or even adding “likes” to your Facebook page, they can hire you through one of these sites, and one of the best known and most popular right now is Fiverr, where each increment of services provided costs just $5.

I must admit I use the site more for delegating out my transcription services, but some people are doing very well at generating income on Fiverr.

Fiverr dubs its top-rated sellers Super Sellers, and they earn that title by giving exceptional service to their clients. And let’s face it, we’re talking about services selling for $5, so there is some very poor competition out there, which makes you look better, but can also drag down the overall perception of the site with mediocre work. But it seems the key to Fiverr is building up a respective following and getting a lot of word-of-mouth business. There are some gems in there, and once prospective clients find them, they tend to spread the word.

It seems most of the Super Sellers recommend a few things that can help your sales. Make sure you have a good image on your “gig” and a great description with proper English. Make sure you respond quickly to any inquiries and it helps to have an introductory video so people can get to know you.

Like any self-selling site, it’s as good as you make it. If you put in the work and produce quality results, you’re bound to have some success. Now as far as what kind of gigs to offer, that will depend on your skill set and how quickly you can turn around your individual gigs. Remember, you’re only charging $5 increments and Fiverr takes $1 of that for their commission. That doesn’t mean you can’t upsell, and, in fact, many do upsell their services, such as a transcriptionist offering 10 minutes of audio transcription for $5 and an additional $5 for additional time. Or, be creative and offer an additional $5 for speedier service to help pump up your sales numbers.

You also get to set your turnaround times for work. That information is included in the gig description so that the client knows what to expect. That doesn’t mean that there won’t be some who want things faster or complain, as in any business, but be very careful and clear about what expectations you set to get the best customer satisfaction.

When you deliver a gig, it’s sent for payment processing once the client marks it completed or after three days pass. Once an order is marked complete, your account will show payment two weeks later and the funds are available for withdrawal at that time in your Paypal account. You can withdraw as often as you like, but keep in mind there is a 2% Paypal fee for all withdrawals up to $1, so anything over $50 is a $1 fee by PayPal.

PROS

  • Your account can be set up quickly and with no upfront costs.
  • You can begin selling right away.
  • You can get paid via PayPal.
  • The types of gigs you can offer are as endless as your imagination.
  • You don’t have to be in the U.S. to sell on Fiverr.

CONS

  • You give Fiverr $1 out of every $5 earned.
  • Funds take two weeks to be available via PayPal after the client closes the gig or three days after it’s delivered.
  • There are fees for withdrawing your funds from PayPal.
  • At this time, if the client cancels the gig regardless of the reason it reflects poorly on the seller.
  • Low pay per increments, so you need to have volume.
  • Can take a considerable amount of time to build up clientele.

 

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