Tips for Making Money on Fiverr 2013

Fiverr is a web site that allows anyone with a product or service to advertise their wares for a starting price of $5, by creating what’s called a “gig.” More specifically, the base price cannot be more than $5 but additions called “gig extras,” can carry higher price tags. I remember when Fiverr first launched.

Shortly after their quick success, numerous copycats tried to duplicate their success. Many would-be entrepreneurs figured that people would get bored of only getting $5 for a gig and that other sites offering $10+ gigs were necessary. At any rate, Fiverr.com is still alive and well, and people are happy to offer their base price for $5, but of course, with the “gig extras,” many are getting more than that.

How to make money on Fiverr

The basics for making money on Fiverr, from one perspective, involves figuring out something to offer as a $5 gig, that has a higher value, perhaps valued at $25 in terms of time spent. Or, if it’s something that is highly unique offering a gig “on par” is appropriate as well.

For the former, offering a higher valued gig for $5, the next step is to create a couple gig extras, perhaps priced at $10 each. These extras should not create much extra work for the seller, perhaps a minute or two, but be no-brainer add-ons for the buyer. Therefore, with minimal risk, a seller can provide a service for $25 that is worth their time. The above approach, probably the most common on Fiverr, qualifies as “working online,” but does not necessarily take advantage of the leverage that could be achieved while working online.

Create a gig around “a system”

To really leverage the power of making money on Fiverr, someone could put a subscription service or online automated system to work for them. For example, if they’re in an automated system that carries a high monthly price tag that allows for unlimited use, that could be sold as a “gig” on Fiverr. If the preparation for using the service is minimal work, and the value-add is in the fact that people cannot afford the monthly fees, or do not need the service at that level, this could provide a way to share the subscription fee and perhaps make a profit. Someone I know in the make money online industry is doing this very thing. For every 25 orders he gets at $5 a piece he outsources the “prep” portion of the job for $15, resulting in a revenue of $110 (minus Fiverr fees).

Selling physical goods on Fiverr

While some physical product offerings may have a home on Fiverr, the margins may be too low to be realistic for anything other than non-shippable items. Custom crafts can do well online, but Pinterest might be a better aveneue for that, having popped off many a custom craft career in the past.

In conclusion

Naturally, offering gigs related to something that you love and could see yourself really doing day in and day out will keep you motivated when orders flow in. Include a solid headline for each gig. Also, the first sentence for the gig should contain the most important bits. Use videos and samples, and when possible, testimonials, in your gig advertisements.

Over-delivering, asking for feedback, responding to feedback, cross-promoting gigs, offering discounts for multiple purchases, creating smart up-sells (i.e. gig extras), and keeping tabs on the “requested gigs” section, are all little things that can pay off huge in the long, or even the short, term.

How to make killer money on Fiverr

Welcome to our new blog. I am going to load this place up with amazing ways to make money on Fiverr.

For those not familiar with Fiverr.com – it is a site where users sell their skills to people who need them, for only $5. Yep, you can get websites, audio voice overs, drawings, design, copywriting, videos, and so much more… all for 5 dollars.

So how can you make money from this? I am going to show you how.

One of the best ways to make money (and more than $5 per ‘gig’ as they call it) is to learn how to be a Fiverr Broker.

Stay tuned.

You can make residual income today with Fiverr

Make Money Today With Fiverr.com!

If you’ve not checked out Fiverr.com yet, you really should do so… if you’re serious about making money online that is…

Fiverr is a buying and selling marketplace for online service providers.

You can pay someone to complete a task they’re good at for you. Guess what you pay? A straight 5 Dollars a time.

But, Fiverr can be an absolute goldmine for you if you’re looking to make some immediate cash.

Here’s How You Make Money In Three Simple Steps…

There’s no need to sweat it to make money from Fiverr. Here’s all you need to do…

Step 1 - Create a Fiverr profile, so you’re ready to start trading.

Step 2 - Advertise a service that you can deliver on easily and quickly.

Step 3 - Watch the orders (and money) roll in.

It Sounds Simple, Doesn’t It?

It sure does…

And there’s a good reason for that. IT IS SIMPLE to make money from Fiverr.

But, there are some pitfalls you need to be aware of and watch out for.

People have to know about your Fiverr ‘Gigs’, otherwise those orders you require just won’t come.

And you don’t want to be spending a lot of time on order fulfilment. The best solution for making quick cash it to deliver a turn key solution.

Why are people selling on Fiverr.com?

There are many reasons why selling stuff on Fiverr is so cool.

Firstly, the traffic is massive.

traffic

The chart above shows the traffic statistics of Fiverr.com over 2010. You can see hundreds of thousands of unique visitors come to Fiverr.com monthly, and it continues to grow significantly. Just imagine if you can earn a small percentage of profits from the visitors every month, how much money you could make?

Besides the massive traffic, what else?

  • No expensive joining fees! Free registration!
  • You don’t have to create a website! You save plenty of time and money!
  • Just forget about SEO! The customer is coming to you effortlessly!

Learn how you can be a Fiverr Rockstar and make killer money online (sometimes while you sleep!)