Fiverr Review: The Online Freelance Marketplace For $5 Gigs
Review Of Fiverr: The Online Freelance Marketplace For $5 Gigs:
What is Fiverr
Fiverr is currently the world’s largest online marketplace that allows you to buy and sell cheap micro-jobs called Gigs. Fiverr allows you to buy or sell gigs that are $5 or more. Fiverr has been around since 2009 and currently boasts a selection of more than 2 million different gigs in 120 different categories.
After you sign up at Fiverr, you will be able to keep track of a lot of important information as a seller. This includes:
1) Sales: Under the Dashboard settings in your account, you can keep track of all of the sales you make as a seller. You can also keep track of the monthly revenue that you earn.
2) Contacts: When other people order a gig from you, Fiverr keeps track of all the buyers that order a gig from you. Your account will list all of the contacts that you ordered a gig from you.
3) Account Inbox: This is helpful for keeping your personal email separate from your work-related email. This is an inbox that you can set up within your account settings.
4) Requests: If you are unable to find the gig that you are looking for, Fiverr allows you to post requests for gigs within your account. You can write a description that specifies the gig that you are looking for and can specify the time you want it done by. Once you post a request, Fiverr will notify you if they approve your request.
Different Levels as a Seller
Depending on the number of sales you make and your overall rating as a seller, your status is represented as being either a New Seller, a Level 1 Seller or a Level 2 Seller. As a New Seller, you have to meet certain requirements before you can become a Level 1 seller. As a Level 1 seller, you have to meet more requirements before you can a Level 2 seller. You can become eligible for new benefits every time your status as a seller changes. The requirements and benefits for the different levels as a seller on Fiverr are as follows:
1) Level 1 Seller Requirements and Benefits:
- Completion of at least 10 orders (Gigs)
- A rating of 4 stars or above from buyers
- Few cancellations
- Can create a maximum of 15 different gigs
- Can charge Gig Extras that ranging from $5 to $40
- Can have a maximum of 10 Gig Multiples
- Extra Fast Gig Extra
Gig Multiples: Gig Multiples allow buyers to purchase multiple orders of one gig that your offering. If you are selling a basic gig for $5, someone could purchase 4 orders of that one gig for $20.
Gig Extras: Gig Extras are additional services that you can add on to any Basic Gig.
Extra Fast Gig Extra: This is an option you can add on to any one of your gigs that allow you to offer gigs with quicker delivery.
2) Level 2 Seller Requirements and Benefits:
- Completion of at least 50 orders (Gigs)
- A rating of 4.5 stars or above from buyers
- Low cancellation rate
- Can create a maximum of 20 different gigs.
- Extra Fast Gig Extra
- Can charge Gig Extras ranging from $5 to $50
- Priority Fiverr Support
Selling on Fiverr
Fiverr does not have any restrictions for sellers. They also do not have any application requirements for sellers. You do not have to upload any cover letter or resume that proves you are qualified enough to be a seller. Anyone is allowed to sell on Fiverr. As long as you aren’t providing an inappropriate service, you can become a seller. Fiverr may have an easy entry, however, most buyers who use Fiverr will tend to look for more qualified individuals with better track records.
Fiverr’s Commission: Once you start earning revenue from your Gig, Fiverr will take a 20% commission on all the revenue that you make as a seller. This means you get to keep 80% of the total revenue that you make as a seller. If you were charging others $5 for a gig, you would be left with a profit of $4 from each buyer.
Should you sell on Fiverr? Your success with selling on Fiverr will depend on the gig you are selling and how others rate you as a seller. Some categories of Gigs are more popular than others. It also worth noting that the number of users and the number of gigs on Fiverr has grown substantially since it started as a freelance marketplace. There are currently a couple million gigs which make Fiverr a very competitive marketplace. Getting attention for you gig is more difficult now, but selling on Fiverr can still be profitable depending on what category your gig is in. Some of the most popular gigs include Logo Designs, Music Voiceovers, Programming, Editing, and Writing.
Should you buy on Fiverr
Basic Gigs start off at $5 each which makes it an ideal place for outsourcing tasks for a small price. Since Fiverr has over 2 million Gigs to choose from across from 120 or so different categories, outsourcing work as a buyer on Fiverr can be quite convenient. $5 is also not that much for a gig. If you outsource a task on Fiverr for $5 and are not satisfied, you will be at a loss of 5 dollars. This makes Fiverr a low-risk marketplace for buyers.
My Experiences with Fiverr
I have ordered two different gigs on Fiverr from two different sellers and have had positive experiences with both sellers. Both Gigs I ordered were in the Digital Marketing Category. The first Gig I ordered was within the Social Media Marketing subcategory and the second gig I ordered was within the SEO (Search Engine Optimization) subcategory. I received both orders on time and both Gigs and helped provide an increase in traffic to my website. The first Gig I ordered was for traffic through social media channels. When I received the first Gig, I saw a huge boost in my websites traffic within Google Analytics. My website obtained around 2000 visitors within the span of four days. However, none of the traffic was targeted and did not lead to any additional engagement on my website. That being said, I still received around 2000 visitors which is what the gig had advertised.
The Second Gig I ordered was for Social Bookmarking as well as EDU and PR 9 (Page Rank 9) Profiles. The first order of the gig added my website to 800 different Social Bookmarking websites which helped increase the number of backlinks to my website. Backlinks are links form separate websites that link back to your website. These links can help boost your websites ranking within Google and other search engines. The second order of the gig was a gig extra which included total of 40 EDU (Educational Profiles) Profiles and profiles on websites with a high page rank of 9 or better within Google’s Search results. The Gig provided me with two different reports that included all of the links for the social bookmarking sites as well as the EDU and PR 9 (Page Rank 9) Profiles. I tested some of the links within the reports from both orders and all of them worked without any problems.
When you order any gig on Fiverr, your order’s progress can be seen in your Account Dashboard. This is what the Account Dashboard looks like on Fiverr. As of now, I have not finished completing setting up my profile and have not sold any of my own gigs on Fiverr. As a result, there is a small message in my Account Dashboard asking me to finish setting up my profile.
Within the Account DashBoard, there is a tab called Buying that allows you to Manage the gigs that you have ordered and the payment methods that you decide to use for buying those gigs on Fiverr. Within the Buying Tab, you can see the progress of your orders underneath the Manage Orders tab. Since both of my orders are now complete, there is a green button underneath the tab “Status” that says “Order Again”. Before the orders were complete, the messages underneath the “Status” tab for both gigs were in “In Progress”.
Fiverr is a good freelance marketplace that has been around for a while and has developed a good reputation. Fiverr is also one of the oldest freelance marketplaces for gigs. Since Fiverr makes it rather difficult to charge higher prices for gigs, selling on Fiverr isn’t always an attractive option for a lot of sellers. On the other hand, there are a lot of buyers who wouldn’t mind outsourcing tasks for $5. I had positive experiences gigs I ordered on Fiverr and thought both gigs were of good value.
I hope you found this information helpful. Feel free to leave any questions or comments in the comment box below. Please let me know if there is something you would have liked to have seen in this post or in a separate post.