Fiverr is an online marketplace for freelance services with low-cost providers from all over the world.
The idea behind their brand is to streamline the process of hiring or getting hired as a freelancer. The online marketplace cuts out the middleman of hiring, firing and HR departments. Smaller businesses can get things done on a more case by case basis and freelancers have the freedom of selling their services at any time to any company.
Fiverr lets clients pay in advance for Gigs, which constitute any digital service ranging from WordPress design, logo design, writing services, transcriptions, to even voiceover work. Although all services were priced at $5 when the site initially launched, freelancers can now set their price to whatever they choose and can offer package deals, or Gig Packages.
How Does Fiverr Work?
Fiverr works by letting buyers pay in advance for “gigs” which are any type of freelance service, ranging from web design, to social media marketing, to copywriting. When Fiverr first launched, all gigs were originally priced at $5, but now freelance sellers can decide to charge more or offer packages of services. Orders are typically completed within a day or two, but the delivery time is set by the seller and can take longer if the seller has a queue of orders. When your order is successfully completed, the seller will receive 80% of the total order value. For example, a $5 gig means the freelancer will receive $4 for a completed order.
There are two ways to view the site, as a freelancer or as a buyer. First, I’m going to explain the terms they use on their site and then I’ll break down how the process works for the buyer and the seller.
Read more in our detailed Fiverr guide here, and lets's earn money.