What Is Fiverr? How Does It Work?
Are you a freelancer? Or are you searching for a freelancer? If you are, then Fiverr might be the right place for you. It is a platform for freelance marketing services, an absolute place where you can n buy or sell services.
What Is Fiverr? How Does It Work?
It doesn’t matter whether you want to hire or you want to get hired, you can do your business at the most comfortable prices. We are living in a world where people are getting their highest degree but end up being unemployed. Here is where we can use digital marketing platforms like Fiverr. In this article, we are going to discuss What is Fiverr? And how does it work?
What is Fiverr?
Fiverr, the name sounds different, right? The platform provides services starting from $5 and that is why the name Fiverr; representing ‘five dollars’. But this minimum price of $5 has been changed in 2014. Fiverr has been in the world of marketing since 2010. Fiverr is a platform that offers the opportunity to middlemen or small business groups to business according to their comfort and gives the freedom to freelancers to sell the services to any company of their choice. In Fiverr, each client needs to pay in advance for the gigs.
What are gigs?
The services offered by the sellers or freelancers on the site are called gigs. The price of the gig varies from $5 (till 2014) to $10000. These gigs include any services which constitute;
- Graphics & Design
- Digital Marketing
- Writing & Translation
- Video & Animation
- Music & Audio
- Programming & Tech
- Business
- Lifestyle
Now the question that pops up in your mind will be about the working of Fiverr. You will get a detailed explanation about that too.
How does Fiverr work?
Fiverr is like any other marketing platform, where sellers can list their gigs and interested buyers will come, negotiate and buy it. You can use the website in two ways, either as a buyer or as a seller. Every 20% of the transaction goes to Fiverr, and it transfers the amount to the seller within two weeks, once the seller delivers the gig and the buyer accepts it. The two weeks mentioned are on the estimated date, you will get the payment if you are a trusted member. Let’s discuss how does it work for buyers and sellers.
For sellers
If you would like to log in as a seller, you need to create a profile and customize the gigs you are planning to sell. The seller can fix the price of the gig and you can give add-on packages to level up the cost. Whenever a buyer decides to buy your gig, Fiverr takes the cost of the gig from their account and withholds it until the order is delivered to the buyer. The seller gets 80% of the price immediately after the successful delivery.
For every gig the seller sells, the rating of the seller will increase on the site. This can help you to charge more for the gigs you offer to sell and that is how you build profit.
Moreover, Fiverr has created AND.com, a platform that helps sellers to keep track of the time, expenses, and proposal software.
For buyers
When you log in as a buyer, you might be looking for a gig. This you can do by browsing through different category pages or you can simply search for the gig you are looking for. If you are searching for a particular category like WordPress designs or a translator, you will get a list of those. There will be descriptions available for each service, you can go through the descriptions and portfolios of the gigs. Once you find the desired service, you can message the seller in case of any query.
There are many ways to make the payment but Fiverr recommends you have a close look at the site of the service you decide to purchase, in order to verify the authenticity of the gig. Fiverr levies a processing fee of $1 on every purchase up to $20 and 5% on every gig which costs more than $20.
The seller will receive the order once you purchase the gig and the money will be deducted from your account but will go to the seller only after the completion of an order. The buyer also has the option to review and make changes in the order before the full payment goes through.
How to create an account in Fiverr?
Well, creating an account in Fiverr isn’t a big deal. Though it deals with financial transactions, it doesn’t have any complications like opening a bank account. You can do it simply by following the steps;
- Visit the homepage of Fiverr and click Join.
- Enter the email dress and click Continue. You can also use your Facebook or Google account to log in.
- Select a Username of your choice.
- Select a Password and Join.
You are registered on Fiverr. You will receive a confirmation email on your registered email account. The confirmation link is valid for 30 minutes only.
- To activate your account, click on the Activate your Account in your activation email.
If you want to activate your seller account, follow the steps below;
- Click on the profile picture and select the Become a seller option.
- Click again on the Become a seller option from the redirected page. You will get 3 tutorial videos on How to use Fiverr as a seller.
- Click Continue, from the redirected page after watching videos.
- Fill in the mandatory fields.
- Link your account to other social media accounts, of necessary.
- You will be required to phone verify your account.
- Create your first gig and enjoy marketing.
Conclusion
Fiverr provides the easiest way to make money through digital marketing. All the steps involved in creating an account, buying or selling, payment are easy to handle. Fiverr does not require any prior knowledge or experience to take part in. If you do well once you create the account, you will be rewarded according to that. Moreover, Fiverr gives a wide range of options for freelancers and beginners. For those who are experienced, reward comes in the way of ratings. For those who want to create an extra income within hours, there will be no better option than Fiverr. If you think you have the potential to establish an independent marketing career, you can go for Fiverr.
