How to Make Money on Fiverr
Have you recently discovered about Fiverr and wondering how to make money on this platform?
This post will give you a comprehensive insight into what Fiverr is, how it works, who it is for, and how best ways you can start making money on Fiverr.
So without further ado, let us dive right in, so you can start earning right off the bat.
What is Fiverr?
Fiverr is essentially an online platform that allows freelancers or Fiverr 1099 workers from across the world to offer their services to individuals and businesses at a very low cost. It is very similar to Upwork. No matter where in the world you are, Fiverr allows you to showcase your talent and provide services to various clients on a one-off, short-term, and long-term contract basis.
The core purpose of Fiverr is to facilitate freelancers to find jobs. On the other hand, it also helps the clients and businesses to hire freelancers in their area of interest. Fiverr eliminates the middleman and HR department from the hiring or firing process.
As a freelancer, you get the freedom to sell your services to any company at your own discretion. At its launch, all services on Fiverr came with a $5 price tag. However, now you can set your own price and even offer a packaged deal also known as "Gig Package" to your clients.
Fiverr for freelancers
On Fiverr, freelancers are known as sellers. You will need to set up a personal profile and create a custom gig for the service you want to sell on the website. If you are offering more than one service, you will have to create individual gigs for each service.
You get to set your own price and also offer add-on features to the clients. This will not only give you clients the flexibility to choose but also allow you to earn a little bit extra with each job.
Once a client is also known as a "buyer," decides to purchase your service, they will pay in advance to Fiverr. Fiverr will then hold on to this amount for you until you deliver the order. As a seller, you will keep 80 percent of the earnings from each gig.
In order to increase your chances to earn, you must build rapport on Fiverr by building seller ratings. The more you gigs you sell, the more rating you will be able to receive. As you become popular and start gaining clients' trust on the platform, you can charge a higher price for your services.
Did you know you can easily make from $1,000 to $2,000 per month on Fiverr?
Simply put, you can make really good money on Fiverr. However, this is all dependent on how you showcase your skills and the number of gigs you get each month. Expect to start slow and build your Fiverr profile gradually. It is normal for people to make under $100 in their first month; some have even made nothing in their first few months.
Do not let it beat your morale because it is entirely normal and part of the game. Patience and resilience will be your best friends throughout this journey. Once you find your feet, everything will work out just fine, and you will be earning a consistent income – more or less.
How to earn your first dollar on Fiverr
Here is a step-by-step guide for beginners to make your first $1 on Fiverr as soon as possible.
1. Create your profile
Visit Fiverr and register as a seller for free. Here you will have to choose the category of service you will be offering. For example, if you are an SEO specialist or search engine guru, content writer, web developer, video editor, musician, social media marketer, or do graphic design etc.
There is no rocket-science to creating a profile, as Fiverr will guide you throughout the process.
2. Creating your first gig
Once you have your profile setup, it is time to create your first gig by building your fiverr account brand. A gig is basically a name for your "service add," it is time to create an ad for your service that will appear on Fiverr. Again, you just have to fill in the boxes available on the screen with the information required and set the gig to go live.
However, keep your gig title simple. For example, "I will write informative content for $5" or "I will create eye-catching animations for $5," etc. Similarly, remember the just follow "I will create (service you are offering) and your pricing.
Now because you are a beginner fiverr seller, it is wise to start at the lowest price, i.e., $5. Remember, there are other experienced sellers already offering gigs similar to yours. Chances are they will be charging more than the introductory rates. Therefore, offering a similar service for a lower price will gain you a slight advantage, and you may bag your first job sooner. There are many tutorials online to help you do this.
3. Creating a gig image
When you create a new gig, think of your gig as your window to present who you are; therefore, the first impression counts a lot. Take inspiration from other gigs similar to yours and search for an image that stands out.
You can use services such as PicFont.com to create a Fiverr gig image. If you have some money to spare, hire a graphic designer to create one for you.
4. Write your gig's description
Your gig description is the heart of the entire exercise; therefore, you must get it right. Look at some of the highest-rated sellers in your niche and see what works for them. Take inspiration and create a unique and enticing description for the services you are offering.
Reminder: Do not copy, or Fiverr will ban you.
5. Research keywords and tags
These are very important as keywords or tags will help your post appear amongst the buyers' search results. You must remember that having the right tags for your gig will help your gig ranked higher every time a buyer searches for services you are offering.
6. Create a video (optional)
This is an optional step if you feel like doing it, i.e., you can create a video for your gig. This means, in addition to writing a worded description of your services, you can also create a video advert explaining what you are offering and showing off your freelance portfolio. (Remember seeing those video adverts before YouTube videos? Something similar and precise).
Top 10 Gigs to Make Money on Fiverr
If you are new to the concept of freelancing and do not know where you begin, here are the top 10 ways that can easily help you get started. However, remember, these ideas are some of the most commonly offered services; if you have a unique service you offer, go for it.
1. Creating social media business profiles and pages
A lot of businesses are good at what they do, but they lack tech-savviness. Social media pages are an inevitable and critical requirement in today's digital marketing world. If you know your way around social media, you can offer businesses looking for people to create and maintain their social media pages. If you are a graphic designer, you can help businesses with their logo design.
2. Creating PowerPoints
Most of us may have learned using PowerPoint back in school, but the software and features are always evolving to create better and interactive presentations. Therefore, lots of people, professionals, students, and businesses are looking for services to create attractive PowerPoint presentations for them.
If you know how to do it, what are you waiting for!
3. Compressing videos
We all know how big video files can be. Businesses on Fiverr are looking for someone to reduce their huge video files from GBs or several hundred MBs into something smaller. If you know how to do it, that is some easy money for you.
You can even learn how to use video compression software (it is easier than it sounds); it will be worth its while in the long run.
4. Content writing
This is probably one of the best ways to make money on Fiverr. It will not cost you a cent to get started, and you can work as a freelance content writer or WordPress blogger on Fiverr in a part-time or full-time capacity. You can actually offer niche-specific writing or blogging if you are a subject matter expert from a specific industry.
However, you do not have to be a subject matter expert. In case you are a housewife good at cooking or baking, you can offer services to write recipes or create other food-related content on Fiverr. Whatever your interests are, the sky is the limit when it comes to what type of copywriter you will be or content you would be interested in writing.
5. Converting documents
If you are a tech-savvy person, this may come as an amusing shock that you can actually earn decent dollars for something as simple as converting documents to different formats or data entry. For example, writers are always looking for services to convert their books or other documents into Kindle-friendly or other formats.
People often write material for publishing; however, the idea of proofreading really sucks the life out of them. Think about it – when was the last time you proofread your own email or something else you wrote.
No wonder proofreading is one of the most popular and essential services in demand on Fiverr. This is also one of the most convenient ways to start making money.
7. Resume and CV Writing
You will be surprised how many people struggle with writing a resume. In today's world resume is not only about stating your personal and work history, but it is what sells you to the employers before meeting you. With the ever-increasing unemployment rate and competitive hiring processes, more people are looking for professionals to write a resume.
Help them stand out from the rest of the candidates and land them a job interview.
8. Transcription services
Video content creators, influencers, and podcasters are always on the lookout for transcription services for their videos. All you need to do is transcribe their videos into text or voice-overs.
9. Video testimonials
Companies heavily rely on video testimonials by their satisfied customers to post on YouTube and other social media pages such as Facebook, Instagram, etc. That is why; these are the gigs with the highest demands on Fiverr. All you need is a smartphone camera and know how to press that red dot to record.
10. Writing reviews
Businesses are always on the lookout for a virtual assistant to write good reviews of their products, books, services, or apps. All you need to do is to research the product and write a review based on your findings.
Is Fiverr For everyone?
Yes, Fiverr is open for all to make money online. However, it will require a lot of marketing and hustle from your end to get started.
Once you find your feet and know how to navigate the platform, you will become your own boss as you make money on Fiverr in decent figures. So, as a newbie who wants to become a freelancer, have your pick from the above-mentioned ideas and start making money on Fiverr.
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