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28 October 2014

Making Money Online Through Fiverr

In my previous post i discussed Making Money Online; How it Works, Where i talk about the concept of internet marketing, where the money comes from and different models you can start with. If you have not read it you can go through it before reading this post. One of the models i talked about is freelancing and i promised to take you through all what fiverr is all about and services you can start with. Therefor here is it.


Making Money Online: What is fiverr

Fiverr is an online micro job market place where buyers or sellers have the opportunity to buy or sell items, services, ebooks, just anything  for $5 Services or products called gigs can be created on the site and being sold for a fixed price of $5. Buyers will order the gig and pay in advance. Top rated seller have the opportunity to offer extra gig which is more than 5 dollars. Unique gigs that receive lot of positive review are feature on the first page of fiverr and getting more sales/order is likely. As a seller/provide on fiverr you will make only $4 of every $5 the buyer paid. Fiverr will be deducting 20% while you have 80% of every order you receive.

Reasons Why i Like Fiverr

1. Signing Up is absolutely Free
2. The traffic on fiverr alone can get you lot of sale without promoting if your gig rank on the first or second page.
3. Consistent Positive review will skyrock you account.

Fiverr community

The fiverr community is made up of two group. They are

  1. The Buyer: These are people on fiverr just online to order for cheap services they cannot get elsewhere. They click on the order button and they will be taken to the payment page where they will have to provide their payment details after which they will also provide the order details to make the order active.
  2. The Seller(Service Provider): These are people on fiverr to render services for $5 in which they will earn $4 from the process. They have the opportunity to offer up to a maximum of 20 gigs on their on their account. The amount of order you receive will determine that amount you will make.

Social Proof System (Feedbacks)

This is an important point that needs to be taken serious. How successful you will be on fiverr will be determined also by this factor. After successful complete of an order the buyer has the opportunity of rating the seller. This rating system is good before as buyers will either thumbs up or down based on their satisfaction but now in the Fiverr  V3 it is very easy for once rating to drop because the system now make use of star to assess the seller communication, service and if the buyer can recommend it service for others. Therefore quality service should be provide in other to get 5 stars in all. The high the positve feedback percentage or Star, The more confident to potential buyers that wants to buy. Take not that not everyone that buy will leave a  positive review but if you provide a quality service you will definitely get it.  

Levels on Fiverr

There are three main levels on fiverr.  Level one, Level 2 and Top Rated Seller. When you are just joining fiverr you are on zero level after some orders they you will promoted

Level One:  You will be automatically promoted to level when you have completed 10 orders with a month with a least 90% positive rating. It is advisable that you rating should not be a low as this because it will affect you from receive orders

Level Two:  You will attain this level when you have completed 50 orders in 2 months with at least 90% positive rating.

Top rated Sellers:  Top rated sellers are determined by fiverr and it is based on some criteria they only knows.

Services You can Offer On fiverr

The services you can offer on fiverr are group into like 11 categories if not more than that with each catergory having sub category. The categories are Graphics & Design, Online Marketing, Programming & Technology, Advertising, Business, Video and Animation, Writing and Translation, Music and Audio, Lifestyle, Gifts, Fun and Bizarre.

Examples of gigs you can offer are

  • I will design a logo for $5
  • I will write a Unique article that will pass copyscape for $5
  • I create 20 web 2.0 backlinks to you website,
  • I will professionally design an ebook cover with 3D  for $5
  • I will give you 200 real twitter follower in 24hours for $5
  • I will submit you website to 20 social bookmarking website for $5
  • I will show you how to make $100 daily on Clickbank
  • I will promote your website or link to 200,000 facebook page.

On fiverr you can render any service and it will sell but there are some services that are evergreen (Always in demand) with this services you are guaranteed to make quick sales on fiverr.

In my next post I will be discussing on how to open a fiverr account as a Nigerian and as a USA citizen. For you not to miss the next post you can Like our Facebook Page and Follow us on Twitter and also Click Here to subscribe to this blog for you not to miss the next update.

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