Make money: Fiverr Review
Updated: Mar 23
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Continuing our "make money" series I thought I'd dive into one of the 31 different side hustles we've posted about. Fiverr is an outstanding platform for gig workers, or anyone looking to make money on skills they have acquired through formal or informal education.
Fiverr has become a buzzword in the freelancing world. With its intuitive user interface, vast range of categories, and affordable prices, Fiverr has become a hub for freelance workers and businesses alike. But the question remains: is Fiverr a trusted site?
In this article, we’ll explore Fiverr in-depth, answer some common questions about the platform, and provide a comprehensive review.
How does Fiverr Score:
Cost and Fees: 10 out of 10 (you can make a lot of money on Fiverr)
Security: 8 out of 10
Ease of Use: 6 out of 10
Features and Tools: 9 out of 10
Overall: 8 out of 10
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What is Fiverr?
Fiverr is a gig platform to list and find gigs. Below is what Wikipedia has to say about Fiverr
"Fiverr was founded by Micha Kaufman and Shai Wininger, and was launched in February 2010. The founders came up with the concept of a marketplace that would provide a two sided platform for people to buy and sell a variety of digital services typically offered by freelance contractors."
It's amazing that the Israeli tech scene produced such a cool and useful tool for gig workers. Shai Wininger went on to found Lemonade, an amazing and innovative insurance tool that you should check out.
Fiverr is a global online marketplace for freelancers to offer their services to businesses and individuals in need of their expertise. The platform offers a wide range of categories such as writing, graphic design, digital marketing, programming, and more. Freelancers can create a profile, set their own prices, and showcase their skills by offering services known as "Gigs."
How does Fiverr work?
Fiverr works in two ways. First, you can work gigs and set up a profile to build your credibility over time. Second, you can sign up and post a job to the site.
For those looking to build credibility over time Fiverr has a neat take on something we have all seen. You, as a gig worker, earn ratings over time. Each gig you complete you get a rating from 1-5. Over time, as you build up your rating and the number of ratings you have earned you can get listed higher in search results. This allows you to take a larger portion of gigs similar to the gigs you are earning building credibility on. Similar to a flywheel, or the virtuous cycle that Jeff Bezos made famous, as you build more credibility the more gigs you get, the more gigs you get the more credibility you earn, and so on until you are making great money on the site.
Is Fiverr trustworthy?
Fiverr has been in operation since 2010 and has earned a reputation as a reliable and secure platform. The platform has implemented several measures to ensure the safety and security of its users, such as verified user identification, secure payment processing, and a customer support team that is available 24/7.
Fiverr also has a rating and review system that allows clients to leave feedback on the quality of service provided by freelancers. This system provides transparency and accountability and helps to ensure that clients can make informed decisions when hiring a freelancer.
One of the most important things to consider when using any online platform is trust. Fiverr has been around since 2010 and has built a reputation for being a reliable platform. The company takes security seriously and has implemented several measures to protect its users. For example, Fiverr requires verification of identity and payment information before allowing anyone to buy or sell on the platform. Additionally, Fiverr has a dispute resolution system that helps resolve any issues that may arise during a transaction.
Fiverr pricing depends on your perspective. If you are looking for a gig, then you can make as little as $1 and as much as $1,000 or more. If you are looking for someone to take your gig then you need to know what you are willing to pay in order to have the work done. You set the standards for quality on your gig and you set the price.
Multi-Currency Support - You can get paid in what ever currency you prefer. This allows you to take Fiverr around the world with you and ensure you have the currency you want and need.
Subscriptions - In 2021 Fiverr announced the release of subscriptions. With this service a gig worker can offer a subscription for their service in order to work consistently for a single "employer".
Private Communication Platform - Instead of having to take a conversation off-line, into WhatsApp, email, or phone/text, you can communicate directly via Fiverr's messaging platform.
Custom Offers - You determine your worth on Fiverr and if someone isn't willing to pay what you are asking you can modify it at any time. In addition, you can build custom packages for individuals to purchase.
Multi-Category Jobs - Are you a jack of all trades? Website design, graphic design, and jingle writing? Well, you can offer all services in a single package for someone to purchase from you!
Secure Payment Gateways - This is a must for any platform bringing buyers and sellers together.
Freelance Marketplace - This is the backbone and base of what Fiverr is all about. Their freelance marketplace ecosystem is as robust as any out there.
Seller Rating & Feedback - An all important feature in today's gig economy. If you build credibility and have proven you worth, than any platform that can help you highlight that is a better platform for you and anyone trying to find you. Fiverr has the best rating and feedback system of any gig platform.
Courses - This might be the most important feature of the platform. You can improve your knowledge and ability to get gigs by taking courses offered on Fiverr. Think about this for a minute. If you are in high school, or middle school even, and you have a passion/want to learn about something, you can build up your profile on Fiverr and start to make good money at a very young age doing something you are passionate about. You don't have to go to college, or anything like that, and you can make good money on your own time. THAT'S AMAZING!!
Pros and Cons of Fiverr
Global reach: Fiverr has a vast user base and a global reach, providing freelancers with access to clients from all over the world.
Wide range of categories: Fiverr offers a wide range of categories, providing freelancers with the opportunity to showcase their skills and expertise.
User-friendly interface: Fiverr has a user-friendly interface that is easy to navigate, even for beginners.
Secure payment processing: Fiverr uses secure payment processing to ensure that payments are made safely and securely.
Rating and review system: Fiverr has a rating and review system that provides transparency and accountability, helping clients to make informed decisions when hiring a freelancer.
High competition: With its popularity, Fiverr has become a highly competitive platform, making it challenging for new freelancers to get noticed.
Low prices: Fiverr is known for its affordable prices, which can make it difficult for freelancers to earn a reasonable income.
Service fees: Fiverr charges a service fee on all transactions, which can eat into a freelancer's earnings.
What are the disadvantages of Fiverr?
As with any platform, there are also some disadvantages to using Fiverr. One of the biggest complaints from users is the high fees charged by the platform. Fiverr takes a 20% commission on all transactions, which can be a significant amount for some freelancers. Another disadvantage is the competition on the platform, which can make it difficult to stand out and get noticed.
Is Fiverr good for beginners?
Fiverr is an excellent platform for beginners who want to dip their toes into freelancing. The platform is user-friendly, and there are many resources available to help new users get started. Additionally, Fiverr has a lower barrier to entry than other freelancing platforms, as there is no requirement for experience or education.
How does Fiverr pay?
Fiverr offers several payment methods for both buyers and sellers. Buyers can pay using credit cards, PayPal, or Fiverr balance. Sellers can withdraw their earnings using PayPal, bank transfer, or Fiverr revenue card. They actually make it super easy from a transactional/money side of things.
Does Fiverr take your money?
Yes, Fiverr takes a 20% commission on all transactions. This means that if you sell a service for $100, you will receive $80, and Fiverr will keep $20 as a commission.
Can sellers get scammed on Fiverr?
While Fiverr has measures in place to prevent fraud, sellers can still be scammed by buyers. To protect yourself, make sure to only work with buyers who have a verified payment method and positive reviews. Additionally, always use Fiverr's dispute resolution system if you encounter any issues. You can find more directly from Fiverr here.
What's the easiest thing to sell on Fiverr?
The easiest thing to sell on Fiverr depends on your skills and expertise. Some of the most popular categories on Fiverr include graphic design, writing, and video editing. If you have skills in any of these areas, you can easily create a gig and start selling your services.
Is it hard to make money on Fiverr?
Making money on Fiverr can be very easy for some and very hard for others. If you have a skill, its something you are good at and something you like to do, then I'd say making money on Fiverr isn't hard. It may be difficult to learn the platform, set up a profile, and find work, but once the work is found, then the rest would be easy.
What is the most demanding work on Fiverr?
The most demanding work on Fiverr is typically in the programming and technology categories. These gigs require specialized skills and can be more challenging to complete. However, they also tend to pay higher rates than other categories. If you have these types of skills, then you should consider finding extra work on Fiverr.