In today’s “concert economy” Fiverr has risen rapidly and become one of the most significant opportunities for young people.
Ease of use, large audience and a large pool of very talented suppliers have made it the perfect solution for entrepreneurs with all sorts of opportunities, allowing people to earn everything from a decent life to a huge full-time income.
To that end, if you’ve heard of Fiverr or are looking for how it can help you make the most of your time and skills – this is definitely an opportunity worth a look. This tutorial will explain what Fiverr really is, how it works and what it means for vendors working around the world.
Founded in 2012, Fiverr has grown to more than 3 million facilities, headquartered in Tel Aviv, Israel. The name of the company comes from the starting price of each of its facilities ($ 5) – although a common mistake is that this is the “only” price at which you can list your services. The reality is that you can list services for up to $ 1,500. The price of 5 dollars is just a symbolic starting fee.
The way the system is is to give “providers” the ability to list their services as “gigs”. At these concerts, vendors promise to perform tasks ranging from digital marketing to creative writing for a nominal fee.
The customer will pay the supplier, the money is kept in Fiverr until the work is completed. The supplier then has a certain amount of time to provide the customer with their work. The customer can then request changes or simply rate them as “stars” for the service they receive.
The most important thing to remember about the Fiverr business model is that it is short and sharp. People go there for “simple” work, and for too ambitious, as a rule, will not pay. Although it started out as an easy way to make money fast while being a student with difficulty, it quickly grew into the huge platform we see today.
Some of the most popular services purchased on Fiverr are copywriting and creative article writing. People want native English-speaking authors to create the “perfect” copy for their product lists, websites, and shared business portfolios. Providing these services on the platform gives you a direct way to earn an extra couple hundred dollars at a relatively small cost.
If you’re wondering how this works, there are 3 tips you can use to move forward on the platform.
- Be personal
The most important thing (for long-term growth) is to be personal. Using your face, credentials and real portfolio is one of the most important ways to make progress on a website. While you can make progress by being anonymous – or hiding behind a company name – this is a much better option to make sure you invest in yourself. Some of the most prolific sellers on the site are people who simply entered their credentials and offered a service.
- Sell what you know
Instead of trying to copy what other people are doing, sell what you * know. It will take a few tries to get a gig that people will be actively looking for (e.g. my friend was a financial guy and I organized a Fiverr gig for him to sell articles on “cryptocurrency” – orders started coming in pretty quickly). The most important thing to say is that if you try to “fit in,” you will, in effect, be chasing a job that is not really your strength. Instead, you really need to put your best into it creatively (to get people to look for you).
- Always experiment / test
Finally, you need to keep trying new gigs, new ways to promote your work and new ways to reflect on what you’ve been doing before. There is no point in stagnating because you are just wasting time and getting nowhere.
The most important thing to remember is that you can sell what everyone buys (which usually leads to short-term success). If you have the right skills, you can use the Fiverr capability to provide yourself with the opportunity to enhance your core brand.