How To Make Money On Fiverr? 2021 Review And Tips

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Freelancing is one of the best side gigs available. Depending on your specialty, you will likely only need Internet connection, a computer, and job-specific tools, such as a guitar for musicians or Grammarly for writers. Best yet? You even get to make your hours and select your work.

In order to get freelancing clients, you need to go onto a freelancing marketplace, such as Fiverr. Fiverr is a website medium that can connect you to people who are willing to pay for your services, whatever they may be. Requirements may differ based on client, job, and more.

If you are interested in freelancing on Fiverr, there are a few things you need to know first. Knowing this information beforehand can help you select the best freelancing marketplace based on your skills and preferences. Let’s learn why so many people have Fiverr fever and whether it is right for you.

What Is Fiverr And How To Make Money With It?

Simply put, Fiverr is a freelance service marketplace for businesses and freelancers. It connects interested buyers to freelance individuals. As a freelancer, you can find clients and projects to work on for money.

Getting Started: How to become a seller on fiverr?

To get started with Fiverr, you first have to sign up. Luckily, signing up and joining is easy. Set up your profile by adding a profile picture and adding simple information. Don’t worry. None of the questions reveal sensitive information.

Once you set up your profile, you then need to create sample work. It might be helpful to think of this as a sales pitch or resume. It shows potential buyers the talent you bring to the table. In other words, it allows them to gauge your skills based on their needs and requirements.

How To Use Fiverr?

When you first get started on Fiverr, or any other freelance marketplace, for that matter, it can be challenging to find work. Many clients gauge potential freelancers based on their reviews. When you are new to the site, you won’t have any reviews yet.

With this in mind, you may need to expect to work for less at the beginning. This allows you to hook clients so that you can prove your capabilities and talent. Additionally, focus on high-quality jobs, even if the quantity is low.

As you start building your freelance client base, you can begin to be more selective because your reviews will speak for themselves. Most users will be willing to pay an extra buck or two for your work if you have excellent reviews.

Getting Paid And Make Money on Fiverr

Now, let’s talk about the vital part of a side gig: money. Fiverr is named so for a reason. Most jobs start at around $5. This is the base price. You can set up other prices, but it is recommended to start lower at the beginning, even if you feel like you are being exploited. Once you get some good reviews, you can begin requesting higher pay.

No matter how much you charge for your work, Fiverr will take 20% of your earnings. Although this is incredibly high, it ensures that you are working for people who will pay you. Additionally, Fiverr tracks your earnings, making it easier to know your payment information for tax purposes.

Pros

  • Easy side hustle
  • Promotes your site to interested customers
  • Easy to use
  • Responsive customer service

Cons

  • High chance of being underpaid at the beginning
  • Inconsistent income
  • 14-day payment period
  • Deadlines

How Does Fiverr Compare To Other Freelancing Marketplaces?

Fiverr is not the only freelancing marketplace out there. Upwork and Freelancer are two other popular options. Almost all freelancers work through Fiverr, Upwork, and Freelancer. These three sites generally work the same, much like we described above. The main difference is that Freelancer and Upwork don’t have a base fee.

Here is a general overview of when to select Fiverr, Upwork, or Freelancer: 

  • Fiverr: Best for creative purposes and short-term projects. Limited in many categories, such as graphics, design, marketing, writing, translation, tech, and business.
  • Upwork: Many customers on the site, leading to more potential clients. More diverse offerings. Requires you to know your minimum price to bid for a project.
  • Freelancer: Worst of the group. Multiple technical issues. Opt for Fiverr or Upwork instead.

Whether you are using Fiverr or some other site, you can check out these free resources for making extra money on a side hustle:

Final Thoughts

Fiverr is a good marketplace to make money if you are thinking about jumping into the freelancing game. It requires a lot of hard work initially, but it can be worth it in the end. This is true of any site you use. If you are in the markets that we described Fiverr as being limited in, we recommend Upwork instead.

If you’re still interested in Fiverr, it will be worth it. Grow your positive reviews so that you can get paid more money in the future. Begin your journey by signing up for Fiverr today.

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