What is Fiverr?
Fiverr.com is a global online marketplace that offers various freelance services to freelancers all around the globe. It offers different kinds of tasks, products, and services.
You can purchase and sell these services and products at a starting price of 5$ which is absolutely reasonable and of course a legit way to earn money online.
Now, what’s fascinating is that Fiverr doesn’t create or buy any kind of services and products. It only acts as the middleman between the freelancers and the potential buyers.
As per statistics, approximately 4.7 million people visit Fiverr per month. Every service or task or product that you offer to sell on Fiverr is called ‘GIG’.You just need to create a gig.
You need not worry about payment handling and promotion. Fiverr will handle it. All you need to do is drive more visitors so that you can reach out to more people and sell your services and products.
Here are a few examples of gigs which can levitate your understanding:
1. You can increase your customer’s you’ve video views by 6000 in 6 dollars.
2. You can create a beautiful design or a logo for your customer in 5 dollars.
Ratings are given by customers also play a very important role in prospering your business. Higher the quality of the services and products you deliver, the more successful your gig is.
The different services Fiverr provide are:
Digital Marketing
Music and audio
Graphics and design
Banners
T-shirts
Increase web traffic, etc
Suitable for:
How to make money on Fiverr?
People who have a knack to earn money online passively
The time required to create a gig on Fiverr:
You do not require a specific time to create a gig on Fiverr. Just sign up on Fiverr and insert your gig’s title, upload its image, write a description of your gig, and use relevant keywords and tags.
TIPS:
1. Research: Before plunging into any business, the first and foremost step is to do ample research on the kind of business you want to do.
If you are planning to create gigs, make sure you invest your time in inappropriate planning to gain potential buyers.
2. Find your skillset: Figure out the skills which you are good at. If you are mediocre in your task, then you will definitely not be able to flourish.
For instance, if you are good at creating graphic designs and logos, then you must definitely create gigs related to your skill and sell them on Fiverr to earn a good amount of money.
3. Find popular gigs relevant to your skillset: Study the popular gigs which are relevant to your skillset and model them accordingly. Below are a few detailed observations that can make your job easier.
1.Title
2.Description
3. Image
4.Pricing strategy
5. Upsell strategy
6.Bonus strategy
4. Craft the title of your gig: Your gig’s title must captivating enough to attract customers.
For example, if you are creating a logo designing gig then you should use titles such as
Design:-
- 3 MAGNIFICENT logos in 24 hours
- PROFESSIONAL logos with free revisions
- STUNNING logos BONUS Free editable file
All the above titles are beautifully crafted because they include intriguing words such as MAGNIFICENT, PROFESSIONAL, STUNNING, and BONUS.
5. Create an image of your gig: While researching you must have gone through images that actually stand out than the rest. So you can shortlist such images, get an idea of how you would want the image of your gig to be, then you can create your own gig image using editing tools like Pixel or Be Funky.
6. Write a description of your gig: The description of your gig plays an important role in upping your game. It can help the potential customer to place an order with you.
So, you must ensure that your gig’s description is understandable, clear, and appealing to customers. Do not copy descriptions from others as it might create a copyright issue for you. Try listing your gig into the correct category.
7. Use the right tags: Tags play a pivotal role in ranking your gig. Use appropriate gigs to provide you better opportunities to optimize your rank.
How to monetize:
Higher the order rate of your gigs, the more money you make. Ratings by users also affect your order placement.
As mentioned earlier, You do not have to worry about the processing of payments. Fiverr will handle each and every transaction securely.
So, if you understand the expectations of the clients and create your gigs accordingly and deliver your gigs efficiently satisfying your customers, then you will definitely score a top position in your business.