Almost everybody has dreamed of making quick money online and the recent explosion of micro-gig job boards make it easier than ever to realize this dream. One of the original micro-gig websites is Fiverr. The company has been around for a few years now, but it still provides one of the easiest ways for anyone with a little free time to make quick money online.
How It Works
Fiverr is an online marketplace that promotes the buying and selling of services for $5 each. Anyone is able to sign up, post a gig, and then sell it to another user. You’ll see pretty much every type of service advertised on Fiverr – and all for only $5. If you need some small service performed (for business or personal reasons), then this website is one of the best places to start.
Services posted on Fiverr range from the useful (I will proofread your essay for $5) to the lighthearted (I will turn you into a Family Guy inspired cartoon for $5) to the outrageous (I will paint your personalized message on my beer belly and send you a video of it for $5).
Even though many of the services are ridiculous, there are some real gems hidden on Fiverr. It is a great place to look for basic graphic design, editing, and writing services. If you’re a seller, then Fiverr is an awesome way to make an extra hundred dollars or so each month.
How to Get Started
It is easy to get started on Fiverr. You can set up an account for free by following the simple step-by-step process that the site provides. It shouldn’t take you more than fifteen minutes to get your profile set up and your first service posted.
There are quite a few ways that you can increase the traffic (and sales) on your Fiverr page. Your profile picture is the place to start. This isn’t a professional networking site like LinkedIn, but your profile picture should still be high-quality and show you in a good light.
Your profile description should also be fully completed. This is an area for you to tell your potential customers what you are all about. Space is provided for you to list the skills and experience that qualify you for your listed service. It’s basically a spot to tell your customers why you are the best person for the gig.
Posting a Gig
One of the best things about Fiverr is that it is very easy to use! Posting a gig is as simple as a few clicks and writing a brief description of your product. The first thing that you need to do is create an informative title for your service. Fiverr provides the template “I will _______ for $5” and all you have to do is fill in the blank.
After you have decided upon a creative title, it is time to write down the details of your service. Space is provided for these details. Be as descriptive as possible here. The more details that you can provide, the more likely a customer is going to trust that you will provide quality work.
Photos and Videos
Fiverr gives you the opportunity to post a photo along with each service that you list. Don’t skip this! Adding a photo that is relevant to the service you are providing will get you more hits. More hits mean more sales! Even better than a stock photo is a photo that you took specifically of your product. This better demonstrates the quality of your service to potential buyers.
One of the things that Fiverr most highly recommends if you’re really trying to make money off of $5 gigs is to upload a video for each of your posts. A video is a great way to showcase your product and tell your customers what it is all about. You will sell your service many more times if you have a video on your Fiverr page.
Making Your First $5
Promoting your Fiverr page on your Facebook, Twitter, and other social media networks is a great way to get a steady trickle of interested buyers coming your way. Sales might be slow at first, but once you have some positive feedback (buyers can rate your services after a purchase), then your services will be seen by more customers on the Fiverr homepage.
After you make a sale the money that you earned will be deposited directly into your PayPal account. It’s as easy as that! The only negative to using Fiverr is that they keep $1 from every sale as a fee for using their website. Thankfully, this is the only fee that they charge for their service. Fiverr is still a pretty good deal if you figure that you just made $4 for, quite possibly, less than five minutes of work.
The Next $5
You should notice a definite increase in sales after your first. This is because of the buyers who are giving you positive feedback and promoting your products. It is important to continue to treat every customer like they are your first. Producing only the highest quality content is essential in getting customers to come back for more.
How Much Can You Make?
The amount of money that you can make using Fiverr is up to you! It depends on how much energy you put into promoting yourself and your services. Even just $5 a day is better than nothing!
Some of the top sellers on Fiverr have reportedly made over $20,000 in a year! That is a lot of $5 gigs. A more realistic starting goal could be to sell five services per day. That is about $20 a day for less than a half hour of work once you subtract the $1 fee.
Whatever you reason for using Fiverr, it sure is a great way to make some extra money. It is easy to set up and get started, and you can list any sort of gig that you want! It would be crazy not to try it out and see if you have any luck.