Fiverr is a freelance platform developed in Israel to give users the opportunity to purchase “concerts” for only $ 5.
The service, launched in 2010, has grown exponentially, thanks in part to accessibility for digital marketers – everything from SEO to Amazon FBA vendors outsourcing small tasks to experts offering their services through the platform.
By 2015, there were stories of service providers receiving substantial revenue / revenue from the system, with one – SPXMAC – reporting revenue of $ 40,000 per month (an excellent achievement).
With that in mind, people with the genuine skills, experience and expertise they can offer have been involved in providing their services through the system, including me.
To that end, I felt the need to share some of the achievements I have made with the platform. It’s not a big number, but it can give some people an idea of what works and what doesn’t.
Fiverr Internet System (how it works)
The most important thing to appreciate in Fiverr is that the vendor should create an offer for the customer.
Although there are many other freelance websites, they rely on the customer to open vacancies / concerts and the providers to help by posting offers. The customer will then analyze the offers and make a choice.
Due to the opposite nature of the Fiverr system, it has opened up a new way for the freelance system to work.
Instead of offering a job, a service provider may, in effect, provide a range of “products” / “services” through which they can provide buyers with a more structured, systematic set of jobs.
For example, if you are a supplier of logos – you will sell your service “logo design” for $ 150, which buyers can come to, ask questions and buy.
The fact is that this new model is different, and in many cases better than the previous one. All attention is focused on the offered products / services and encourages the supplier to systematize the delivery process as much as possible, which allows to obtain even higher quality, cheaper prices and more efficient provision of services.
If you want to create effective (profitable) products / services for placement on the site, the key is to understand what buyers are actually looking for, and the opportunity in the easiest way to facilitate it. This is where I started my service offering.
Products / services for sale
Obviously, every market / platform has its winners and losers.
The most important thing I found on the platform is that there are really “two” ways to list products / services:
- List products / services based on your experience – if you’re a graphic designer, create e-book covers, logo designs or website templates for a fee
- List products / services based on market demand – as mentioned, many “digital marketers” use Fiverr as a source of low-cost but quality services for their growing online business.
The first will probably take longer to bear much fruit; the latter will be much faster but will allow less creativity in the proposal.
I tend to try to mix the two – determine what’s popular, and put my own view on it.
Some of the most popular lists I’ve found are “Amazon Product Description” writing services. The most successful of these is SPXMAC, which earns more than $ 30,000 / $ 40,000 a month.
There are currently 3 providers of this service who typically receive 15 to 30 orders per day for their concerts. SPXMAC is definitely a leader.
My experience
To explain, I did it not under my own name; I helped a friend adjust and we shared the profits.
To do this, I started by listing a number of common services in the Fiverr system based on my friend’s real-world experience (it was related to finance).
We started by writing an article – imagining that a number of high-end “financial” blogs (which relied on quality, accurate and operational content) will be willing to hire an expert who has participated in many transactions, trades with a private consortium in London and is also very good at technologies.
I wrote a profile list explaining his work in the industry, his experience and (importantly) why he posted his services on Fiverr.
In the last part, I explained that he is looking to expand his personal brand, and thought that writing articles for money would be the most appropriate way to do it. Instead of sending guest messages, this would set an instant precedent for the person making the purchase.
This seemed to go relatively well (with a number of blog operators buying his articles and using his name / face as an “author” on their sites).
As for the products we offered, the first thing we tried was the Forex writing service. It hasn’t been too popular as it is a very crowded market and usually runs cyclically (IE when the USD / GBP currency pair falls, etc.).
Very well done “crypto” articles – which we wrote for $ 25 for 10. It was very low, but allowed us to make some progress in terms of reviews / reviews of the system.
Most people who bought packages simply allowed us to determine which articles to write (we wrote mostly about current market trends, the importance of the blockchain, etc.) – and began to focus on maximizing expansion.
The “crypto” articles were good (we earned $ 500 each for the first week), but it was unsuitable at such a low price. We both burned out and so decided to raise prices a bit, which significantly reduced the amount of interest / bandwidth.
However, reviews have earned and the quality of shoppers has improved significantly, although the frequency of purchases has decreased.
Recommendations
The most important thing I found on the internet was to use my own face.
In the past, I’ve done a number of things under pseudonyms. Some were legitimate (running the second largest Webkinz site), but most simply because I didn’t want people to know what I was doing.
While this was a legitimate reason to hide my identity, the simple truth is that it didn’t allow me to grow very quickly. To that end, one of the key things I started doing for my friend was to emphasize the importance of owning your name – to ensure that you highlight your unique experiences, ideas, and experiences as the core of why someone should consider you.
If you choose to participate in Fiverr, I would suggest that this is one of the few ways you can “own” your name online by providing real content. Think of it as an extension like LinkedIn or Twitter – a “social” point of contact through which the “online” community can interact with you.