I've been thinking about this for a while now and decided that I should write my thoughts down. The purpose of writing this article isn't to bash or criticize anyone's choices but rather to help someone who may want to use Fiverr to earn some extra cash on the side. Let me start by saying that there are people making good income from their gig economy gigs via Fiverr. It just depends what your goals are (and if they're realistic). Let's take a look at how you can actually do well on Fiverr over the long term...
What are your options when signing up on Fiverr? You have two options: sign up as a seller or as a buyer. Sellers get paid more than buyers so unless you're looking for clients selling products like artwork, jewelry etc., sellers aren't going to pay enough to cover expenses. If you don't know where to sell stuff then stick to buying services/products. This will allow you to buy low priced items that might not sell very often and resell them for profit. There are lots of ways to make money online including affiliate marketing, dropshipping, eBay sales, freelance photography, graphic design, website development, web hosting and many others. Signing up as a buyer allows you to purchase services directly from other entrepreneurs without having to deal with any shipping…it'll save you money. In addition, if you ever decide to quit your day job then you won't need another source of revenue because you already got one.
It goes without saying that before starting anything new, especially something like Fiverr, please consult with your financial advisor first. Don't let fear stop you from doing something great!
Now that we covered our bases here comes the actual question: How much money can you really make per hour on Fiverr? Now keep in mind that this number fluctuates depending on your location, type of service and quality of work. For example, in NYC there are only 4 listings under "Web Design" which means that most likely these designers charge $150+ per hour. On the flipside, if you live in Florida and you want to hire someone to build an e-commerce site for you then expect to spend around half of that amount since there are probably 10x times as many competitors bidding against you. Also remember that there are thousands of other factors besides price that affect whether you'll end up getting hired. Some examples include availability, skillset, experience, reputation, portfolio, client satisfaction & feedback, references, reviews, punctuality, professionalism, attitude, communication style, reliability, ability to produce results and many other qualities.
Here is a list of common hourly rates for different types of jobs on Fiverr:
* Graphic Designer - range between $25-$100+ per hour based on skill level, expertise and previous projects
* Web Developer - range between $50-$250 per hour based on skill level, expertise and previous projects
* Copywriter - range between $40-$90 per hour
* Virtual Assistant - range between $20-$125 per hour
As you can see above, prices vary greatly across regions and even within each category. So how much would you actually make on Fiverr? Well, according to statistics published by Business Insider last year, the average weekly earnings of Fiverr users was $869.30. That figure includes both buyers and sellers. But wait, there's more! According to Glassdoor, the average base rate for a Fiverr Seller is $5.10 per hour. When factoring in taxes and overhead costs, however, the real earning potential is less than 40 cents per hour. And yes, those numbers were calculated back in 2013. Things change quickly on the Internet and unfortunately, nothing stays constant.
So why did I bother publishing this piece? To answer that question simply put, because people seem to forget that Fiverr itself has limited value. Sure, you could earn decent money if you find yourself a high paying gig on Fiverr such as designing logos, graphics etc. However, if you think about it for too long, you realize that's not true either. After all, how many hours a week do you have available to dedicate towards learning how to become better and charging higher fees for your services? Not everyone wants to go into business for themselves. Many prefer to stay employed and continue to receive wages until retirement age. Additionally, if you plan to run businesses solely off of Fiverr then you must also consider additional overhead cost such as office space, equipment, utilities, employees, insurance, advertising, training, customer support, staffing, payroll, legal paperwork, filing tax documents, credit card processing, liability insurance, licensing, permits, licenses, domain names, parking spaces, postage, packaging materials, inventory, accounting, security, storage, phone calls, text messages, emails, social media management, SEO, PPC campaigns, newsletters, websites, blogs, technical support, maintenance contracts, repairs, software installation, upgrades, updates, hardware replacement, repair parts, warranty coverage, website backups, data recovery, IT support, network monitoring, cloud backup solutions, bandwidth usage, server administration, virtualization, server capacity planning, disaster recovery plans, 24×7 telephone answering, team building events, travel arrangements, catering, meals, meetings and conferences, etc. With every single activity listed above, you are essentially spending countless hours managing your own personal finances, handling administrative tasks, hiring staff, dealing with vendors, creating invoices, tracking payments, collecting debts, coordinating schedules, purchasing supplies, negotiating deals, scheduling appointments, booking flights, hotels, rental cars, renting conference rooms, sending out press releases, promoting your gigs, responding to inquiries, setting up web pages, updating content, posting ads, reviewing bids, meeting deadlines, completing reports, preparing proposals, submitting resumes, networking, researching markets, searching for talent, interviewing candidates, maintaining relationships with customers, providing refunds, resolving disputes, communicating regularly with clients, running meetings, organizing logistics, keeping records, etc. Think about all of the things you'd normally need to manage during a typical month or quarter leading up to receiving a check once a paycheck arrives.
To wrap everything up, no matter how hard you try, you cannot escape the reality that Fiverr is basically a glorified classified section filled with subpar providers offering cheap labor. Yes, you can definitely make money on Fiverr but you shouldn't rely on it as your sole source of income. Remember, Fiverr doesn't care about you. They care about maximizing profits. The best thing you can possibly do is treat it as a supplement to your existing career path. Use it to expand your knowledgebase, gain valuable contacts, test drive various ideas, experiment with unique concepts, learn new skills, develop new talents, practice entrepreneurship, meet interesting individuals, hone your craft, create passive streams of income, diversify your investments, open doors to new opportunities, increase your salary, reduce stress levels, discover new hobbies, enjoy life, travel the world, etc. The point of all of this rambling is to show you that you don't necessarily have to give up hope. Just because you didn't achieve your goal(s) via Fiverr doesn't mean you failed altogether. Instead, you learned important lessons along the way and maybe even discovered hidden gems that helped you grow internally. By following the advice above, you can avoid wasting precious time trying to optimize your efforts on Fiverr and instead focus on growing your wealth outside of its walls. Best of luck!
Fiverr has long been known for its ridiculous offers and wild claims about how easy they are to achieve. But there's one question that seems even harder to answer than usual: How much will someone actually earn from selling their services through the site?
I've spent hours searching for answers on Reddit, trying to find out just what kind of earnings people are making from Fiverr. It turns out that no-one really knows -- not because nobody wants to know or cares, but simply because there isn't any data available anywhere online.
But if we take some educated guesses (and remember that these figures may be wildly inaccurate) then we might start to see why so many people have turned away from this service.
It depends who you ask. The numbers vary widely depending on where you look, which makes sense given how different each person's experience is going to be. There aren't hard-and-fast rules here -- after all, if someone tells me "you'll easily clear your debt" I'm going to be skeptical when they tell me "that won't happen until 2023".
In general though, you're looking at between $100-$1000 per gig. That means that if you were to work five days a week over the course of four weeks, earning $2500, you'd still only bring home around $600. Not enough to live on in Australia, let alone other countries like New Zealand, India, Thailand...
What about the people offering gigs? Are those prices accurate too? Or are they inflating them to attract customers? Well, again, it varies based on whether you want to believe them or not. Some users claim to sell everything from dog grooming to business consulting, while others offer simple design and copywriting jobs.
If you're new to the world of Fiverr, you should probably stick to the basic offerings. They're usually easier to complete, more lucrative, and they don't require any special skills. If you're already adept at something else, you could try adding another skill set to your repertoire. You needn't worry too much about competition either -- most of the time you'll have plenty of clients vying for your attention, regardless of how skilled they are.
You might think that since Fiverr charges 5 dollars for every job completed, you'd make a lot of money doing gigs. After all, Amazon pays out up to $2/hour for unskilled workers. So why doesn't everyone who signs up to Fiverr become millionaires overnight?
Well, firstly, Fiverr takes a cut. Your earnings are reduced by 15%, meaning you'll end up bringing home less cash overall. Secondly, you also spend part of your day creating content for clients. This includes advertising your profile, responding to messages, filling out forms, uploading photos, etc. All of these activities cost you time, and therefore reduce your hourly rate further.
Finally, Fiverr tries to prevent scams. When someone asks you to send pictures of yourself naked, or provide login details for accounts such as PayPal or Apple Pay, they will automatically report it to the authorities. In short: it's safer to use reputable payment methods, rather than risk your own bank account.
So: yes, you can certainly make a few hundred dollars extra spending five minutes a day on Fiverr, but it's unlikely that you're ever going to be able to quit your full-time job and rely solely on income earned via the website. And if you did manage to pull that off, do you honestly expect anyone would pay you next year?
This figure is particularly difficult to estimate. While I managed to find data on specific projects posted by individual users, none of them seemed entirely representative of typical experiences. For example, my best guess was that a user posting a project asking for 500 words of written content would typically receive between 40 cents and 50 cents for his trouble. However, someone else offered similar work for 60 cents.
There wasn't anything linking these two users except for the fact that both asked for the same amount of writing work for the same price. Why did they charge twice as little? Is it because they had fewer competitors bidding against them? Were they hoping to negotiate down later once they knew exactly what the client wanted? Who knows! We'll never know unless somebody posts more detailed information about their experiences.
Another problem is that Fiverr tends to promote lowball bids very heavily. A recent post claimed that the lowest bid received for a particular task was 0.25 cents. Sure, that sounds great, but bear in mind that the poster didn't specify how often he needed to perform this type of work. If he needed it done once a week, that translates into 25 bucks' worth of value being provided every single week for years to come. Which brings us back to our earlier point: this isn't sustainable forever.
That said, it appears that Fiverr is now actively discouraging lowball bids. Users are discouraged from clicking the link that shows the lowest winning bid. Instead, they must click the second option, titled "Lowest Bid." This leads to a page explaining why Fiverr considers bids below 10 cents unreliable.
And yet another consideration is that if you sign up using Facebook, Twitter, Google+, Instagram, LinkedIn, Tumblr, Pinterest, Snapchat, Yelp, Yahoo Mail, eBay, Goodreads, LastPass, WordPress, Dropbox, Twitch, Etsy, Skype, or Steam, Fiverr will immediately share your personal info with hundreds of potential employers. These companies include giants like Microsoft, General Motors, Samsung, Disney, Netflix, Zillow, and Spotify.
By signing up through social media sites, you agree to give these businesses permission to contact you whenever they wish. Of course, you can remove yourself from lists at any time. Just head to Settings & Privacy " Manage Profiles & Social Network Accounts.
Okay, so we established above that you cannot realistically depend upon Fiverr for life-changing amounts of money. Even if you worked 100 hours a week for five years straight, you wouldn't be guaranteed to reach $250.
However, it is true that certain tasks can be performed fairly quickly, and thus allow you to turn a quick profit. One popular method is to buy items from China and resell them on Ebay. Another is to write reviews for websites like TripAdvisor, Booking.com, Kayak, and so forth.
For instance, if you enjoy traveling and have good knowledge of English, you could create descriptions of destinations, attractions, hotels, restaurants, etc., and submit links to review websites. Then wait for clients to request copies of your portfolio, before charging them a fraction of the total fee.
Of course, this sort of gig involves quite a bit of research beforehand, as well as having a decent grasp of the language used on review pages. Luckily, there are ways to improve your grammar and vocabulary without needing to enroll in university courses. To learn more about this topic, check out tips for scoring free airline travel and getting discounts everywhere you go.
I used to be one of those people who thought that if they had enough experience and talent then there was no need to charge anything at all.
These days I'm not so sure. Especially when I consider what most other writers are charging to write articles like this one.
A few years ago I earned my living solely from freelance writing gigs via a website called Freelance Writing Jobs (FWJ). The site has since been replaced by another service called Scriptlance. It's still out there though, and while it doesn't have quite the same pedigree or reputation, it's worth considering using.
If you're looking for work as a writer, whether full-time or part-time, it might just pay off for you to put up your own profile on Fiverr too. Here's how it works...
You'll hear lots of stories about successful online entrepreneurs making millions selling their products through Amazon, but very little information available regarding earnings made directly from Fiverr itself. That said, we know that some high profile users on the platform earn thousands per month.
We also know that income levels vary widely between different categories of user. Some niches see higher incomes than others, which seems entirely logical given the number of potential clients in each category. If you're into dog training, you're going to find more demand than someone who specialises in IT support services.
As far as earning figures go, however, it's difficult to come across any reliable data. We've found numbers ranging from $5.00 to $959.99 per hour, although these were based on anecdotal evidence rather than hard facts.
One thing that's clear, however, is that Fiverr isn't a particularly lucrative option compared to other places where you could try to sell your skills. In fact, many people get nowhere because they don't realise the true value of what they offer. Even seasoned professional marketers will struggle to turn even a small profit, let alone something approaching six figure monthly income.
But that shouldn't deter you from trying. You never know until you give it a shot. And once you start getting offers coming in, it becomes easier to raise your rates and attract better paying customers.
Here are some tips for anyone hoping to break into the world of digital marketing with Fiverr.
Start low and build slowly. Don't expect instant riches. Many newbies fail within the first day because they set unrealistic expectations. Remember that only some of us are blessed with natural ability. For everyone else, patience and persistence are key factors.
Don't forget to include everything. When setting prices, remember that every extra dollar counts toward building credibility and trust among potential buyers. So think carefully before adding additional costs such as travel expenses, time spent preparing materials, etc., especially if the buyer doesn't ask specifically about them.
Consider payment options. Make sure you clearly explain how payments will take place and what fees apply. This should cover PayPal charges, bank fees, card processing fees, transaction taxes, etc. Be upfront about these details, as well as any minimum order requirements, customer support policies and guarantees offered.
Get feedback. Ask trusted colleagues, family members, friends, acquaintances or whoever to read over your proposals and provide honest feedback. They may spot mistakes that you'd otherwise miss.
Keep records. Keep track of all transactions, including deadlines and milestones achieved. Send invoices to all parties involved and keep receipts for tax purposes. These simple steps will help ensure you avoid nasty surprises later down the line.
It's important to note that Fiverr takes a 40 percent cut of all sales. While it's unlikely you'll ever earn back this amount, it's crucial to understand how this fee affects your overall profits. On the plus side, however, the company recently introduced a "Fiverr Pro" plan designed exclusively for business accounts. This means that sellers can now claim 100 percent commission on purchases they refer.
In short, if you want to use Fiverr to boost your earnings, it pays to learn the ropes early and stay focused. There's plenty of competition out there, after all.
Not surprisingly, the biggest earner on Fiverr earns less than $100 per hour. He sells his expertise in SEO, PPC advertising, social media management and content creation to hundreds of businesses around the globe.
There aren't many specifics surrounding exactly how he pulls it off -- it's likely that his secret lies somewhere in his mix of knowledge, timing and connections. But rest assured, the guy knows what he's doing. His reviews speak for themselves.
Another big name on Fiverr makes around $30 per hour. Again, not much happens behind closed doors, but the basic gist goes along the lines of providing expert advice on topics relating to real estate investment, property development, home improvement projects, planning permission, legal issues and general advice.
This person boasts 2,000+ positive ratings and 7,500+ followers on Twitter. Their main competitors seem to be local experts with proven background credentials.
Yes. In theory, anyway.
Copywriting is a highly competitive field. It requires extensive industry knowledge, technical skill, excellent communication abilities and above all creativity. Most people simply don't possess all of these attributes, yet somehow manage to land jobs without putting forward any kind of portfolio or sample material.
On the bright side, if you already operate in a particular area, say fashion journalism, photography or health promotion, Fiverr represents a great opportunity to showcase your talents and prove yourself to prospective employers. After all, hiring managers always appreciate proof that a candidate understands their needs and wants.
However, if you're aiming to become a professional copywriter, Fiverr probably won't help you reach your goals. Instead, focus your efforts elsewhere. Check out our list of best websites for aspiring journalists instead.
If you're serious about becoming a copywriter, you mustn't underestimate the importance of networking. Simply posting your resume on job boards and sending generic emails to companies rarely gets anywhere fast.
Instead, you should aim to connect with agencies and professionals in your target market. Try contacting editors at relevant publications, bloggers, public relations officers and PR firms, representatives from trade bodies, event organisers and similar groups.
Once you've established rapport with certain individuals, you should pitch ideas for specific projects. Start small and progress gradually. Once again, keeping careful records can be helpful here.
And remember, unlike some sites offering creative writing opportunities, Fiverr allows you to price your services according to individual client needs. Depending on the scope of work, you can set flat hourly rates or negotiate upward to secure larger commissions. Either way, it's wise to consider raising your rates whenever possible.
Have you tried selling your services on Fiverr? Would you recommend it? Let us know below!
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