He’s been doing freelance writing jobs from home now for quite sometime and can give you a great personalized perspective of what it’s like to write online and make some extra cash.
Check out some of the pros and cons of being a freelance writer on the largest freelance website in the world, Fiverr.com.
Plus learn some excellent tips to keep yourself organized and ahead of the writing game.
How You Can Make Money on Fiverr.com?
How can you make money on fiverr?
This is something I am asked all the time when I tell people I’m a freelance writer and most of my business comes from fiverr.
After all, it seems like $5 is a terribly small amount of money, so it might seem unusual to make a living a five-spot at a time.
It’s definitely possible, though, since fiverr allows more experienced sellers to charge more for a bit more work.
Read on to get the ins and outs of fiverr.
How Does Fiverr Work?
After you set up your account on fiverr, you set up your offerings, called gigs.
This is the least amount of work you’re willing to do for $5.
Well, really, for $4, because fiverr takes a hefty 20% of your earnings.
Fiverr has a huge marketplace, though, so it’s a great place to find work.
As you improve your reputation on fiverr, you’ll advance in levels and be able to offer Gig Multiples and Gig Extras.
With Gig Multiples, people can order your gig times 2, 4, or whatever.
This is great for people who want more than one of whatever service or product you’re offering.
With Gig Extras, you can ask for more money for more work.
For example, I run a gig called “I will write a 500 word blog article for you.”
That gig costs $5, but I have Gig Extras for longer blog posts; a Gig Extra to write 1,000 words worth of blog posts for an extra $5, 2,000 words for $10 extra, and so on and so forth.
This is where you really start to make money, from the extras.
What Type of Professional is Fiverr Suited For?
Truth be told, fiverr is suitable for anybody who is willing to do a small amount of work for $5.
The way I plan my gigs out is determining how much I want to earn in an hour, and then dividing that down into what I can do in 15 minutes.
I bill myself out at a minimum of $20 an hour, and can write a 500-word blog post in less than 15 minutes.
Therefore, $5 for 500 words is reasonable to me.
There are all sorts of gigs on fiverr, from all sorts of professionals.
You’ll find graphics designers, voice-over actors, writers, and personal coaches.
This particular marketplace is a great way to find business, develop a business relationship, and build up your earnings.
Tips to Make Fiverr Work for You
When you get started and start getting orders in, it is important to be well organized and make sure you complete orders on time and with the highest quality.
My repeat customers are the ones that really pay the bills, and you won’t get repeat customers without timely and quality work.
I make heavy use of Getting Things Done apps to keep track of my orders.
In my particular example, I run a Mac app called OmniFocus, and use a web service called If This Then That (iftt.com) to automatically import my orders into OmniFocus when they come in.
All I have to do from there is set my due dates, categorize things, and I’m good to go.
Organization is the key to success on fiverr.
Another key to making the most out of fiverr is knowing when to withdraw your money.
No matter what payment method you choose, PayPal or Payoneer, you’re going to pay fees on those withdrawals. Make sure you withdraw as much as you can at a time, to minimize how much you lose to those fees.
You should also pay close attention to your customer reviews.
If customers aren’t giving you good reviews, evaluate your work and see where you can improve.
Customer reviews, eventually, make a huge difference between getting an order or not, so you want to make sure you always get good reviews.
Pros of Working with Fiverr
There are a number of benefits to working with fiverr. There are also a number of drawbacks, so you have to decide whether the benefits outweigh the drawbacks. The pros to working with fiverr are:
- Fiverr is a large, well-known marketplace of buyers looking for all sorts of services and products.
- It’s very easy to get started.
- Once you’ve established yourself, the orders have a tendency to pour in, if you’re good at what you do.
Cons of Working with Fiverr
As with anything, there are some drawbacks. The cons to working with fiverr are:
- fiverr takes 20% of your earnings, which is a hefty chunk compared with other freelance sites.
- The only methods of payment are PayPal or a special Payoneer MasterCard, both of which charge you a 3% fee.
- There is no real way to fight charge-backs or disputes; if fiverr customer service decides to cancel your order after you’ve delivered, you don’t have any real recourse to get that money back.
- There aren’t any means to download tax reports or earnings summaries, at least not yet.
Personal Experience Working with Fiverr
As a freelance writer and editor, I’ve made thousands of dollars from fiverr. It isn’t a great living, but it is a phenomenal supplement to some of my other freelance venues. Once you get your system down and get yourself organized enough to keep up with the influx of orders, fiverr can be a great way to make some side cash.
Can You Write? If So, Forget Fiverr..
If you truly have the gift to write then why waste your time working gigs on Fiverr.
Instead you can take your skills to the next level and create your own kick-ass online business.
Sure you can make a little money with Fiverr, but how would you like to build an online business that can turn into a passive income source?
I’m not the best writer, but with a little education and determination, I’ve been able to build a consistent 500 to 1,000 new visitors to this site per day.
I make money everyday online ranging from $90/day to $600/day. Not too shabby for an guy who struggles to write.
I’ve never understood..
Why people who have the natural ability to write don’t start their own affiliate marketing based niche website.
Sure it takes some time to build a niche blog, but if you can write with ease, learn how to optimize your posts, then you can create a website that works for you.
Time and time again, websites that produce quality content that help a niche audience rank fast in search engines like Google, Yahoo, and Bing.
Add in affiliate marketing and advertising and you’ve got a combo for success.
Thanks for reading this article on how does fiverr work. If you have any questions or comments, please leave them below.