Fiverr is a website that features a marketplace of sellers offering an assortment of products and services – called “gigs” – for a fixed, base price of $5. These gigs range from the truly useful to the downright wacky. Whatever the case, there is money to be made on Fiverr!
Only registered users can buy and sell on Fiverr, but getting started is fast and free! Simply visit the Fiverr website, choose a username and password, and enter your e-mail. You are now ready to start buying and selling on Fiverr! Yep, it really is that easy.
Start thinking of something unique you can offer that others would be willing to buy for $5. Take a look around the website to see what some successful Fiverr users are doing and come up with a few ideas of your own.
Once you’ve devised your awesome money-making strategy, it’s time to create a gig that Fiverr users can check out. Create a title for your gig using the Fiverr format, “I will ___ for $5”, and then select a category that best fits your gig. For example: Tips & Advice, Social Marketing or Programming.
Next you’ll need to type out a description so that potential buyers can see what exactly it is that you’re offering. Try to be as detailed as possible. Make sure the communication between you and the buyer is clear so that there is no confusion as to what they are buying. Negative feedback due to poor communication may affect your rating, which will harm any future sales.
In addition to a detailed description, you’ll also need to come up with some keywords that best describe your gig. This way, Fiverr buyers are able to locate your gig easily among the other search results.
You’ll also want to provide the maximum number of days needed to complete the gig. Consider time differences, your commitments and free time. Don’t forget to include the time it would take to ship your completed work, if applicable. Lastly, finish by adding a relevant image that works with your offer and makes it stand out.
Once you’ve created your gig, remember to advertise it via your social media channels. Sharing your gig with the world will help you maximize visibility and generate as much interest (and as many sales) as possible.
Now you’re ready to start accepting orders!
So you’ve set up your gig and now some people have responded. Great! You have a few orders to fulfill, which means it’s time to get to work. Make sure you complete your gigs and send them to the buyer before your set deadline. That way you’ll ensure that you will be paid and receive positive feedback.
Withdrawing revenues requires you have a valid PayPal account. Each $5 gig you sell and successfully deliver will earn you $4. Fiverr takes $1 as a user fee and will credit your balance with the $4 just 48 hours after you successfully deliver your work to the buyer.
You will have to wait a little longer to withdraw your money, however. Revenues are only made available after a 14 day clearance period. When withdrawing your revenues, PayPal also charges 2% of the total withdrawal sum, up to a maximum of $1. So for every $5 gig you’re really getting a profit of $3.92.
Not sure if this is the right fit for you? Don’t worry, there are plenty of other ways to make money from home. Just download our FREE Ultimate Money Guide now.
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