Thanks for stopping by to read our Fiverr review.
Fiverr is the latest trend in the freelancing industry. A lot of freelancers who could not find suitable jobs on Upwork and Freelancer.com are now hooking on to Fiverr to try their luck, as it is considered a “Relatively Easy” option.
This review will show you what Fiverr is and why it is here to stay in the future.
Fiverr Review
Basically, Fiverr is a freelance marketplace. You can purchase and sell services for $5. Thus, the name Fiverr. It began in 2009 and ever since it has grown exponentially. The CEO, Micha Kaufman had asserted, the website of freelancing has completed more than 25 Million transactions till date in his interview to Techcrunch, one-third of which have come in last one year.
Registering With Fiverr
Fiverr uses a single account system, unlike Upwork, for both freelancers as well as purchasers. To register with them is very simple. Everyone can register without any manual verification process.
Thus, whether you are a purchaser or a seller you can join the site
How Does Fiverr Work?
After you sign up at Fiverr, as a freelancer, you will have to create a “Gig.” It is a statement that tells your prospective client what services you are offering for $5. If you are expert at designing a logo, you can create a Gig specifing your skill.
The purchaser who wants to get a logo designed or his/her/their business can then search or browse through various Gigs for logo designing. In case your Gig is attractive and matches his requirement, the concerned people will hire your services after depositing the required amount with Fiverr.
Once you complete the work, Fiverr will release your payment. Your client will then leave a rating for you, as per your service. If you provided your best services in stipulated time, he will leave a 5-star rating, which will be helpful for you to get more Jobs.
Likewise, you can also leave a rating for your purchaser. The ratings will be useful for sellers to judge the credentials of the purchaser.
You Can Join Us By Clicking Here!
What Type Of Gigs Can I Create?
What Gigs you can create is only limited by your creativity and imagination. One can create any Gig for whatever one likes as long as it adheres to Fiverr's Terms of Service.
A Gig may be a purely technical job like graphics designing, animation, programming, SEO or non-technical things like making prank calls, recording funny video, advertising for someone in unique ways and other simple yet creative things.
Fiverr is more famed for the entertaining factor that comes with its Gigs. You will come across many freelancers who generate money just because they are creative. We did write a review on how to be a freelancer you can see that by clicking here.
What If Tasks Are Too Complicated For Selling At $5?
Though all the basic Gigs are priced at $5, Fiverr does allow freelancers to create “Gig Extras”. These Gig extras can be used to offer extra features or faster delivery than set time. Most sellers divide their services into various Gig extras so that you only pay for what you want.
Gigs in certain categories are also allowed by Fiverr to be priced beyond $5 for a basic Gig. Nevertheless, this feature is not there for all categories. If you do not see such option, you can always offer Gig extras for an additional amount.
In addition, Fiverr also allows you to send custom quotes up to $1500. Thus, there is flexibility provided that purchaser contacts you.
Fiverr Levels
Fiverr has a level system for its sellers. Sellers in higher level can create more Gigs and proffer more Gig Extras and Gig Multiples with each Gig.
The level system is also helpful for buyers as sellers at higher levels are usually most trustworthy than sellers at lower levels.
The various levels at Fiverr along with their benefits are listed below:
New Seller
Benefits available to New Seller
- 7 Active Gigs
- 2 Gig Extras ($5, $10, $20)
- 5 Gig Multiples
Level 1
Criteria for reaching Level 1
- 30 days active on Fiverr
- Completed at least 10 individual orders
- Preserve a 4 star rating and above
- Have a low cancellation rate
Benefits available to Level 1 seller
- 15 Active Gigs
- 4 Gig Extras ($5, $10, $20, $40)
- 10 Gig Multiples
Level 2
Criteria for reaching Level 2
- Completed at least 50 individual orders in two consecutive months
- Maintain a 4.5 star rating or above
- Have a low cancellation rate
Benefits of Levels 2 seller
- 20 Active Gigs
- 5 Gig Extras ($5, $10, $20, $40, $50)
- 15 Gig Multiples
- Priority customer support
Top Rated Seller
Criteria for being a Top Rated Seller
- Maintain a high star rating (4.7-5 star rating)
- Exceptional customer care
- Have a low cancellation rate
- Community leadership
- Volume of sales
Benefits of a Top Rated Seller
- 20 Active Gigs
- 5 Gig Extras ($5, $10, $20, $40, $50)
- 15 Gig Multiples
- Priority customer support
Fiverr Processing Fee
The processing fee is high at Fiverr. It will charge you 2% or $1 whichever is higher, as its fees. That means for completing a Gig, instead of $5, you will actually get $4 in your account which turns out to be 20% commission for Fiverr. It is much costlier considering other websites like Upwork who will ask you just 10% Commission.
In addition to processing fees, Fiverr also charges you withdrawal fees of 2% or $1, whichever is lower.
Update: Upwork has increased their commissions and charge a commission of 20%. But, they have a slab system. Here, the commission is relaxed if you can bill the same client beyond a certain amount.
Is Fiverr A Scam?
Many sellers have complained that Fiverr bans them affirming that they have violated its T&C conditions. However, Fiverr does not give details about this.
Moreover, you can withdraw your earnings only after 90 days, in case you are banned. There are sellers who even maintained that they cannot withdraw their earnings even after 90 days.
When complaints like this do raise doubts over the credibility of Fiverr, it is surely not a scam. You can’t disregard the truth that thousands of people are making their living out of Fiverr without complaints. You can sell Gigs and have no issues with the payment.
Also, in case of any disputes, Fiverr is known to favor the sellers. It happens as, they lose their 20% commission, if they offer you refund. Certainly, this does not go well with buyers.
Thus, for both buyers and sellers Fiverr does have problems. Whether it is about banning sellers without revealing the reason or favoring sellers to ensure they get their commission, it is unethical. However it definitely is not a scam.
Make Sure You Join Us By Clicking Here
Advantages Of Fiverr For A Freelancer Or Seller
- A lot of people switch to Fiverr for completing basic tasks as Gigs are valued only at $5. Thus, it is easier to get freelance work.
- You are not required to have any technical skills to sell on this marketplace. If you have creativity can earn money with Fiverr.
- You actually get paid to do things which you love to do. So you can make money while having fun.
- Buyers search you for your Gig at Fiverr. It ensures you get more exposure as compared to other freelance websites where you have to search for a buyer for your services mostly.
- You can do marketing for your Gig on social media to get more orders.
Disadvantages Of Fiverr As A Seller
- When anyone purchases your Gig, it automatically gets accepted by the system. You cannot control over the Gigs you chose.
- Fiverr Rating system is questionable. If there are plenty of people incorrectly purchasing your Gigs, you might get a negative rating, if you do not complete them. Although you refund the amount and ask your purchaser to leave a positive rating, it shows up in your canceled orders.
- If you are new to Fiverr trying to sell a popular Gig being that is being offered by many other sellers, your Gig may never be visible to the clients.
- Considering the fact that most people just buy the basic Gigs of $5, commission charged by them is very high.
- You will be able to withdraw your earnings only after 14 days of receiving the payment. Fiverr claims it to be for safety purpose, in the case of any issue being raised by the purchaser.
- You can be banned by Fiverr without giving any reason if they feel you violate their T&C. Top rated sellers who worked really hard to acquire good ratings to his account will be hurt more by this.
Advantages Of Fiverr As a Buyer
- If your budget is just $5, you can get better services at Fiverr, than Upwork or other Freelance websites, where the quality of service you get, will be further down an acceptable level for this price tag.
- $5 is all you lose in case you do not get satisfying results.
- Several Gigs for you to choose from.
Disadvantages of Fiverr As A Buyer
- A lot of sellers offer a cash back to the buyer in case if they are not happy with the services. Majority of the purchasers prefer a refund and leave a positive feedback for the seller ensuing higher ratings for non-deserving sellers.
It will not show up in canceled orders. However, it is hard to make out if the order was canceled due to Buyer's fault or seller's fault.
- Fake reviews are bought by a lot of people by asking their friends to buy Gigs and then provide them a 5-star rating. In this way, they just lose $1 (Adding the processing charges), since Fiverr pays $4 back to them. Further, it makes the rating system unreliable.
- Fiverr is full of spammers. In case you are blogger seeking to hire SEO services for cheap, you will end up messing up your website with Spam traffic through low-quality backlinks and bots. For this reason, you may even end up getting a Google penalty.
Fiverr Review – Conclusion
Every freelance website has its pros and cons and Fiverr is no exception. You have nothing to lose by creating a Gig at Fiverr if you are a freelancer. And supposing your idea is creative enough, you might earn much more than you would have imagined in the end. You will come across many freelancers who are earning over $ 1 Lac monthly at Fiverr.
However, as a buyer, you need to very careful while choosing a Gig. Although with every freelance website there is a risk factor involved or even with real-life contracts, the risk factors are more with Fiverr as it favors the seller in case of disputes. It's all about $5, on the positive side.
You Can See What We Mean And Join Us By Clicking Here!
Aaron and Shara What Do You Suggest?
That being said, if you have never marketed online or offline before, finding people could be very difficult for you.
We know when we first started trying to make money online, we failed miserably and we had no idea how to recruit.
That is why, we first started out by learning how to become a good marketers, but you don't have to be a good marketer at all!
We learned how to make money online WITHOUT being great marketers (Click Here To Stay Updated, And To Find Out More about HOW)!
If you don’t want to be in a business that requires you to host home parties or call all your friends and recruit your family to buy your stuff no worries.
We will keep you updated where you can build a business online where you don’t have to recruit anyone.
Click Here To Check This Out And See What We Mean
You will learn step by step on how to build a profitable business online WITHOUT having to market or recruit anyone else!
Leave a Reply