Fiverr.com is a website where people can sign up to buy and sell Gigs for a base price of $5. A Gig is simply a task or service offered by a seller on Fiverr.com. The thing that sets this website apart from similar websites is that sellers may offer Gigs ranging from the mundane to bizarre and outrageous. Almost anything goes (of course users must operate within the terms of service agreement).
The seller is limited by his or her own imagination. A Gig buyer might also be able to work something out as far as modification of the Gig. I have purchased a few Gigs on this website and they worked out well. I am considering further use of the website by selling my own services. The following are examples of Gigs that I have seen offered on the website:
- Graphic artistry (creating web banners, editing photos, digitally produced drawing, etc)
- Transcription services
- Proofreading and copyrighting services
- Writing essays and website content
- Voice over work
- Internet marketing and SEO consulting
Here are some of the more strange and unusual types of Gigs that I have seen offered:
- “I will get ghetto on video.”
- “I will translate your message into Jamaican patois”
- “I will do an impersonation of Christopher Walken”
- “I will do an impersonation of Robert DeNiro”
- “I will hold your company logo and take fun photos”
These are just a few of the things that people are willing to do for only $5. The way that sellers receive payment is through PayPal or via a Fiverr Revenue car. The seller receives $4 into their account after a Gig is paid for and completed. Fiverr receives $1 out of the five dollars earned by the seller. PayPal also, charges a small percentage of the $4 deposited into a PayPal account.
Five dollars does not seem like much money. It does add up quickly for the seller that is able to build up a large base of repeat customers. The marketplace on Fiverr is very competetive. Good marketing and word of mouth advertising are useful tools in winning more business on Fiverr.com.
There several sellers that are able to make a full time living from Fiverr.com, but I think that the majority of sellers probably earn a part-time income there. It is evident that sellers with feedback in the thousands have made thousands of dollars through Fiverr. The most successful sellers offer a very unusual service or products, which are not easily replicated, thus minimizing competition in the same niche.
The website has a ratings system, and buyers are able to leave feedback about their experience. Sellers that provide consistent great service, will naturally receive good feedback and the opportunity to offer “Gig Extras” for more money than the basic $5. There are some people that are able to upsell Gig Extras, that cost $5 to $100 or more. Some people also make money through purchasing Gigs on Fiverr and then reselling the service at a premium. It is a form of arbitrage and I wouldn’t recommend it unless you know what you are doing and you find a reputable and reliable seller on Fiverr. I think that is where the real money is.
If you decided to sell a Gig on Fiverr, be sure to create a very thorough description. Spell out exactly what you will do as part of the service that you offer, as well as limitations. It is best to suggest that buyers ask questions prior to placing an order. Always make customer service and getting Gigs completed as quickly as possible a priority.
I placed a few Gigs on Fiverr and the next day, someone placed an order for my service. The Gig was cancelled, because the purchaser wanted much more than what I offered through the Gig. So far, I’ve had positive experiences with the sellers that I did business with. I bought a Gig and was very satisfied with the level of service that I received. Let’s see what happens with this website.
© Copyright 2013 Susan Broadbelt