As a freelance marketer, it's easy to think that there are no ways of making extra income other than selling your own products (or affiliate marketing) or creating something from scratch yourself. But the truth is that there are lots of ways out there if only we take advantage of them. In fact, one such way was introduced by someone called Daniel Steinmetz back in 2012. He created what he calls "The 5 Dollar Economy" which basically teaches people how to sell things via internet for as low as $5 per transaction. The idea behind this system is simple but revolutionary at the same time because not many marketers have been able to create effective systems based solely on $5 transactions.
Fiverr has essentially taken the concept further with its unique model which allows users to buy and sell anything they want under $5 increments. If you're wondering how exactly does this work, read on!
You don't need any special software like PayPal to use Fiverr. All payments made through the site will be processed using the Paypal gateway. You just need to visit the website and follow the steps provided to complete the process. Once done, you'll receive notification emails regarding the status of your order.
Currently, all major credit cards including Visa, Mastercard, American Express, JCB, Diners Club International, and Discover Card are accepted. Other forms of payments include cash on delivery, bank transfer, check, etc. However, note that some merchants may require additional verification while others might charge higher fees depending on the type of card used.
If you've bought something from another user, you'd normally expect to send a tip over email to compensate the seller for his/her service. This is also true when buying items directly from Fiverr itself. Just select Tip during checkout and enter your details. Alternatively, you could opt for tipping through Facebook Messenger instead. Either way works fine since both platforms allow you to track your tips easily without having to worry about sending physical cash.
But wait...there's more! For those who feel uncomfortable giving digital tips, you could simply go ahead and purchase some credits. These credits come in handy when you wish to give gifts to another member of the community. Credits can either be purchased individually or bundled together into packs.
There are two types of bundles available - gold and platinum. Gold packages consist of 10 credits worth $50 whereas platinum ones cost 20 credits and equal to $100. What makes these bundles interesting is that they contain more credits compared to regular packs. So if you plan to gift 100 credits in total, then choose platinum bundle.
Lastly, if you're looking to support your favorite members, you could subscribe to their premium accounts. Premium subscriptions come in three tiers and costs vary according to the tier chosen. Tier 1 offers unlimited monthly subscription to selected sellers at $29, Tier 2 charges $39 per month for unlimited access to all sellers while Tier 3 costs $49 per month for unlimited access to all sellers regardless of category.
Note that you won't be charged until your first invoice appears. And once you begin receiving invoices, you'll see recurring bills every month unless canceled. Cancellation isn't possible so far but you can always unsubscribe later on should you decide to stop paying.
So now that we know everything about how to pay for services on Fiverr, let's address the next question on everyone's mind - Do I pay before or after Fiverr takes a commission off my earnings?
While most people tend to believe that you must pay upfront before getting a product delivered, this is not necessarily so. Some sellers on Fiverr actually prefer to get paid post-sale so that they can enjoy the benefits of lower shipping fee and faster processing times. It's up to you whether you want to incur the extra expense or risk waiting longer for your package to arrive. Also, bear in mind that buyers aren't required to pay within 24 hours. They can delay payment till anytime they want although it usually lasts 7 days from date of sale.
Now that we got our answer, let's move onto the final part of this article - How much money does Fiverr earn from sales?
According to various reports, Fiverr earned roughly $2 million dollars in 2014 alone. While the exact figure is unknown, Fiverr claims that it receives hundreds of inquiries daily and processes thousands of orders everyday.
Also, keep in mind that Fiverr doesn't run ads or promotions alongside its listings. Therefore, most of the revenue generated comes from commissions received upon successful completion of deals.
To sum up, here's how Fiverr works:
Sellers list their best quality items on Fiverr.
Buyers browse through lists submitted by sellers and find suitable options.
Once found, buyer sends a message to seller asking him to quote his price.
After confirmation, buyer writes down amount due and pays immediately using preferred method of payment.
Upon receipt of funds, seller ships item(s).
Both parties share 50% of profit while remaining 50% goes towards running Fiverr business.
That sums it up pretty well. Now that you know how Fiverr operates, why not consider taking part in this growing marketplace? Signing up is free and gives you full access to features and functionality offered by the site. Furthermore, Fiverr encourages new entrepreneurs to join by providing training materials and resources suited specifically for beginners.
For those interested, below is a quick guide on how to set up your profile and upload images to attract potential customers.
1. Create Your Profile
Signing up is completely free and requires minimum effort. Simply click on Start Selling button located right above search bar. Then fill in basic info like name, location, gender, birthday, occupation, language, among others. After filling your personal information, you'll be asked to verify your account. To proceed, click Send Code Link. A code will appear in your inbox. Open the link and copy the code manually. Paste it into box given on screen and hit Continue. That's it! You're ready to start earning money today.
2. Upload Images & Videos
Next thing you want to do is add photos and videos to showcase your offerings. Remember to tag your listing appropriately so that searchers would know what kind of contents they'll encounter. As for pictures, uploading images is straight forward and you wouldn't face difficulty doing so. On the contrary, video submission is slightly tricky since uploading files larger than 15MB results in automatic ban. Luckily, YouTube provides direct links to download videos uploaded previously. Here's how: Go to Sell section and scroll down to Video tab. Click on View My Videos dropdown menu and paste URL of desired clip. Hit Submit.
3. List Products & Services
Here's where real fun begins. Let's say you're planning to sell electronics. First step would be to view existing categories on Fiverr. Choose Electronics as the base category. Next, look around the page to spot relevant subcategories such as Laptops, Smartphones, Cameras, Computers, Tablets, GPS Devices, Digital Camera Kits, Audio Accessories, etc. Take note that you can filter categories by clicking Categories Filter icon located beside Search Bar. Once you locate a topic you're comfortable with, head over to Add New Category. Type in description and keywords pertaining to your item and press Save. Repeat this procedure for each category you intend to list. When finished, submit your pending submissions. Note that Fiverr automatically bans incomplete listings. Hence, if you fail to finish your current task, please return to this page and try again tomorrow.
4. Earn Money From Ads
Aside from listings, Fiverr runs advertisements too. Although it's optional, users who display advertisement banners on their profiles stand to gain maximum benefit from this feature. Whenever visitors land on your ad, they'd notice small banner placed along side left sidebar. By default, ad displays prices of advertised items. To change this setting, hover mouse pointer near Price field and click Edit. Set price range between 0.01 and 100 cents. Afterwards, hit Update Settings. Lastly, place text describing your product and hit Done.
In addition to displaying prices, Fiverr serves ads featuring discounts and promo codes. Users who click on ads will be redirected to certain landing pages tailored especially for them. Advertisers can customize content displayed on these pages by selecting specific sections in Content Builder. Keep in mind that you can edit ad texts whenever necessary. Also, advertisers can adjust number of impressions shown to viewers per day. Head over to Manage Tab located underneath My Account heading. Select Promotions Department followed by Customize Banner Ads. Use Adjustment sliders to toggle discount percentages. Finally, save changes by hitting Apply Changes.
Fiverr is one of the best platforms you will find if you want to learn how to make money online fast by offering your professional skills or talent, as well as sell products like makeup kits, phone cases etc., at affordable prices.
It has become popular because almost everyone wants to be good with something. Whether you are into photography, design, web development, music production, marketing, business management, writing, teaching or anything else under the sun, there's always someone looking for people who have what it takes to help them achieve success. And that includes Nigerians too!
But before we begin, let me ask you this... how many times have you heard "I'm just starting out"? Or maybe even hear someone say "I've been doing nothing but trying to figure things out". Well, now it's time for both those statements no longer apply. There is a simple way to set up a free profile on FIVERR with minimal effort.
So, here's how to use Fiverr to build a successful career.
If you're following my steps below, then you should already have a Facebook login and password ready. If not, go ahead and sign up using our link below. Once logged in, click on the 'Sign Up' button located right above the search bar. You'll see several options available such as creating a new project, adding projects/services, connecting your social media accounts and more.
Click on the 'Create Project' option first. It will take you through step-by-step instructions on setting up your profile. After completing all the steps, select whether you'd rather connect your existing social profiles (such as Instagram) or skip that step. For beginners, choose the latter since they don't really know which ones to pick.
Once you decide, select 'Connect Social Accounts'. Then enter your details including email address and mobile number. Next, fill in your name, location, description about yourself and upload any photos you wish to include.
Then complete the final two sections: About Me & Services Offered. The last page asks for additional information such as languages spoken, preferred payment methods, website URL, tags and keywords related to your work, etc.
After filling everything correctly, hit the submit button. Your personal profile is now live! Now, wait until you receive approval from Fiverr and add other pages accordingly.
To access your newly created profile, log back into facebook and type fiverr in the search bar. A pop-up window containing your username and password will appear. Click on the login box and continue.
Next, you must verify your account by clicking on the green icon next to the word "My Profile" found on top left corner of the screen. This verification process may take some hours depending on how busy Fiverr is, so please bear with us while waiting for your request to be approved.
When it's done, you'll see a message saying you've successfully verified your account.
You can also send messages via text or WhatsApp. To do this, open the app store menu on the home screen and look for the "Send Message" entry. Tap on it and follow the prompts to finish off.
Now that you've joined Fiverr, you might wonder what you should actually post. Here comes another strategy to help you discover your niche market quickly and easily. Go to My Projects and scroll down to find Find Work. Enter your keyword phrase in the search field and press Search. Chances are, you'll end up finding plenty of clients who would love to hire you based on your skill set. From there, proceed to Contact Clients section and contact potential customers directly.
Your goal is to grow your client base and increase your income. So, try to reach out to as many people as possible.
The beauty behind joining Fiverr lies within its simplicity. All you have to do is provide value by helping others solve problems relating to whatever area you specialize in. When you share your knowledge and expertise, you gain trust and loyalty from others around the world. As long as you deliver quality service, you will never lack opportunities to improve your revenue stream.
Another thing worth mentioning is that when someone decides to purchase your product/service, they usually give feedback after receiving it. However, it's important to remember to read these reviews carefully. Sometimes, users could complain about poor customer support or low-quality items delivered. In order to avoid getting negative comments, check out review sites and forums dedicated to reviewing various gig products like Fiverr.
Here's a quick tip to keep in mind when building credibility on Fiverr. Create multiple profiles and change them regularly. By doing so, you won't confuse your audience and attract more attention from employers who are seeking reliable individuals.
As soon as you publish your profile, your job listing appears on the front page of Fiverr. Other users can browse jobs by category and filter results according to price range, language preference, experience level, years of availability, gender, age group, nationality and more.
To view the profile of someone you're interested in working with, tap on View Details beside their thumbnail photo. When finished viewing, simply swipe left and right to move forward to the next person.
Clicking on More Info will show you basic info regarding their background, education and training, employment history, awards received, portfolio, certifications obtained, endorsements, recommendations, etc.
However, if you feel uncomfortable reading certain details due to privacy issues, you can always opt to hide sensitive data. Simply tap on Settings followed by Privacy Preferences. Select Content Filters and uncheck boxes labelled Personal Identifiable Information and Sensitive Data. Then save preferences.
Note: If you ever run across a fake user, report him immediately by tapping on Report User. Don't worry, Fiverr will remove fraudulent listings automatically.
Joining Fiverr requires a fee of $29 per month plus tax. That being said, most users pay monthly subscription instead of yearly. Some companies offer discounts. Although every company differs, general fees tend to vary between $9-$49 per month.
Also, there are special offers for students. If you are enrolled in college, university or high school, you can enjoy 50% discount during annual registration period. Apart from that, it's common practice to pay less than half of what regular members pay.
For example, Fiverr charges $14.99 per month if signing up annually. But if you register for yearly plan, you only pay $8.33 per month. If you prefer to cancel anytime, you can do so without paying a single cent.
Just head over to https://www.fiverr.com/account_management#cancellation to manage your subscription.
Looking for more ways to make money online? Check out this list of legit websites that will teach you valuable skills!
FIVERR, the fastest-growing marketplace of digital goods and services worldwide has also made it possible for Nigerians to earn from home using what they already know best. The popular site allows users to buy or sell anything at all including artworks, products, services, groceries, etc., as well as offering them for free if needed. It's like eBay but with more variety and lower fees.
It is important that we understand how this website works so we don't end up wasting our time trying to figure out why we didn't receive payments after putting in long hours of work. By knowing how Fiverr functions, we will be able to attract buyers who are ready to spend real cash on our services and product offerings. This article aims to help those newbies looking to create accounts on Fiverr so they can have better experiences while selling there.
If you're wondering how to signup on Fiverr, here is some quick information about registration process which should answer your question. You'll need to fill in several mandatory fields before proceeding further such as email address, password, username, mobile number, birthday, location (city), gender, profile photo, account type, billing address, payment method, shipping information, and personal description. Make sure you read through these instructions carefully because once you click submit button, you won't be allowed to change any field.
Once you successfully register, go ahead and look for gigs that interest you. There are many categories available for sellers to choose from. For instance, you can select "gifts" under "personalized gifts & crafts". This category offers thousands of unique items ranging from personalized T-shirts to gift bags and everything in between. Other options include fashion accessories, health & beauty, electronics, food & drinks, toys & games, wedding, photography, tattoos/body mods, travel, video production, graphic design, writing, etc. Some examples of common types of jobs people use Fiverr for include t shirts printing, designing logo, making flyers, creating business cards, ebook creation, web designs, illustrations, ebooks, posters, phone cases, etc. Now imagine yourself holding one of these products and getting paid by someone just for showing off your skills!
As soon as you see something interesting, take note of job title, price, deadline, and tags. Tags are basically keywords used to describe projects posted on Fiverr. They range anywhere from 0 cents to 1 dollar per tag. So, when searching for specific item, use relevant tags to narrow down results. Also, check whether any other person has done similar project in the past. If yes then great news for you because you could possibly repeat the same task over again without having to worry about quality control. On the contrary, if no previous work was ever posted, consider taking another approach.
After paying attention to details, proceed to step two.
The next thing you should do is customize your listing page according to Fiverr standards. These guidelines may vary depending on the nature of your job. In general, however, you must first write short introduction describing exactly what you plan to provide and upload appropriate photos. Next, add additional details regarding materials required, delivery date, refund policy, terms and conditions, etc. After that, enter contact info such as name, phone number, physical address, email address, social media links, and preferred methods of communication. Lastly, review comments section and respond accordingly. Once you feel confident enough, try submitting your gig for approval. Approval usually takes 24 hours maximum.
Keep in mind that potential customers might ask questions or request changes during preview phase. Be prepared to accommodate customer feedbacks promptly and professionally. Don't stress too much though since most Fiverr members are nice enough not to send negative messages. Most of us tend to overlook those red flags and would rather focus on doing things right than face consequences later.
Next thing to do is set price for your service. To do this, simply navigate to Gig Pricing menu located on top navigation bar. Here you'll find different pricing sections such as hourly rate, daily rate, fixed priced contract, etc. Feel free to adjust prices based on your own needs. However, remember to keep things simple by providing uniform rates across various categories.
Now that we've got everything else covered, let's talk about payment option. As previously mentioned, Fiverr provides multiple ways for its clients to transfer funds into their nominated bank account. Users can either use PayPal, Amazon Pay, Google Checkout, Bitcoin, Litecoin, CashUmoney, Dopaytmobile, Mpayza, Bank Transfer, Zelle, Western Union Money Transfer, iDEAL, Alipay, Skrill, Neteller, Trustly, Ezwoketalink, and EFT.
Since Nigeria doesn't support direct deposit feature, you'll be forced to rely on third party platforms such as PayPal, MasterCard, Visa, ApplePay, SamsungPay, Android Pay, American Express, JCB, Discover, and others. Though it seems complicated, setting up Fiverr account is easy if you follow proper steps provided below.
Select currency you wish to convert.
Click on Add Card.
Enter card details manually. Alternatively, you can download CVV code directly onto app.
Choose default language preference.
Add security pin.
Confirm transaction amount and expiration dates.
Complete checkout.
In case you encounter problems with abovementioned steps, please refer to official documentation provided by respective companies.
So far we've learned how to set up Fiverr account and list our desired projects. But now comes the hardest part. How much does it actually cost to post your gig? Well, it depends entirely on your choice of package offered by Fiverr. Below you'll find breakdown of costs associated with three main packages. Choose the one that suits your budget perfectly.
Standard Package ($4)
For starters, Standard package covers basic features necessary to run successful business. All you need is to purchase Basic Plan for $4 monthly fee. With this subscription, you'll enjoy access to unlimited listings, advanced statistics tracking, professional marketing tools, and promotional activities for maximum visibility.
Premium Package ($9)
If you'd like to expand your reach beyond local market, Premium Package is perfect for you. At this stage, you'll be given opportunity to utilize full power of the platform. It includes premium content, higher payout percentage, special deals, customized landing pages, increased exposure, etc. Everything listed above comes at affordable price starting at only $9 per month.
Business Package ($19)
Advanced Package is mainly designed for entrepreneurs who wish to build large scale businesses. With Business Plan, you can easily manage hundreds of orders simultaneously. Additionally, you'll gain access to high converting templates, dedicated team management system, detailed analytics, multi-currency capabilities, etc. Prices starts at $19 per month.
Remember that Fiverr charges extra 10% processing fees regardless of the package chosen. Hence, make sure to doublecheck total price charged for particular service. Since most transactions occur within 30 days period, you'll have 14 days window to cancel order. Please note that cancellation requests received less than 48 hours prior to scheduled release will incur additional charge.
To sum it up, you can say that Fiverr is definitely worth exploring. We recommend reading guide thoroughly to avoid unnecessary frustrations. Good luck!
Just follow our battle-tested guidelines and rake in the profits.