What is Fiverr?

Work from home with Fiverr

Outsourcing for buyers and sellers

Outsourcing for buyers and sellers

Are you an unemployed youth, retired from work? Are your salaries not enough to foot all your bills? Are you having loads of work that you cannot be able to handle or meet up at the scheduled time? Are you with talents or skills but you don’t know how to sell your skills or have capital to establish yourself?

These questions are answered on a single online marketplace (Fiverr!!!!).

What is Fiverr?

Fiverr is an online marketplace where buying and selling is done with well-established policies more especially for freelancers. According to Wikipedia, Fiverr is a global online marketplace offering tasks and services, beginning at a cost of $5 per job performed, from which it gets its name. The site is primarily used by freelancers who use Fiverr to offer services to customers worldwide. Currently, Fiverr lists more than three million services on the site that range between $5 and $500.  It has nine categories of market in place for freelancers. And they are:

  • graphics and design,
  • digital marketing,
  • writing and translations,
  • video and animation,
  • music and video,
  • programming and tech,
  • business,
  • fun and lifestyle, and,
  • sitemap.

They also offer the opportunity for users to refer friends to the online market and earn $5 for each referral.

A little history of Fiverr

Fiverr was founded by Shai Wininger and Micha Kaufman on February 1, 2010, and is headquartered in Tel Aviv, Israel. Wininger came up with the concept of a marketplace that would provide a two sided platform for people to buy and sell a variety of digital services typically offered by freelance contractors.

Fiverr’s services start at $5, which is what the company’s name is based on and can go up to thousands of dollars with Gig Extras. Each service offered is called a “Gig”.

Wikipedia stated that the website was launched in early 2010 and by 2012 was hosting over 1.3 million Gigs. The website transaction volume has grown 600% since 2011. Additionally, Fiverr.com has been ranked among the top 100 most popular sites in the U.S. and top 150 in the world since the beginning of 2013.

Fiverr have some series of funding from Bessemer Venture Partners, Accel and other investors. The round brings their total funding to date to $50 million.

In November 2015, Fiverr announced that it had raised $60 million in a Series D round of funding, led by Square Peg Capital. The round brings their total funding to date to $110 million.At the same time, the company announced that it was expanding the marketplace to allow sellers the ability to price productised services, known as Gigs, at prices above the original USD $5 minimum.

Fiverr serves to allow listing and applying for small one-off jobs online. Jobs listed are diverse and freelancers work in a variety of workplaces, ranging from office to at home.

Are you looking to sell or buy?

Buyers are those who pay for the services offered (i.e. I have ‘bought’ logo design and article writing from sellers on Fiverr).

Sellers are those who post their services for a fee.

Almost anyone can find something to sell or buy on Fiverr. All you need to do is browse the listed categories and look at how other offer their services, find where your skills can fit in, and then decide what you want to sell and find that which you need to buy.

What do you need to do?

All you need to do is to sign up to Fiverr and become either a buyer or a seller.

If you are seller:

  • Make sure your seller profile is complete.
  • Make sure your Gigs are well written and accurately describe the services you provide.
  • Make sure your work samples accurately show your skills.

If your buyers’ expectations are met or exceeded, you’ll get good ratings and more business.

Buyers who purchase your Gig pay Fiverr in advance. When your order is successfully delivered and completed, you will receive 80% of the total order value.

And if you are a buyer you need to know how to source what you need to buy in order to get an efficient seller with an affordable price. Provide as comprehensive a description of what it is you need and any specific requirements of the ‘gig’ (e.g. if you require specific keywords in an SEO article, make sure these are stipulated; illustrate the number of words you require; whether you require pictures, etc)

Testimony (from a regular Fiverr seller)

I am a seller myself and I have completed series of work and I have been paid some amount of dollars for it. With this, I can foot some of my bills to compliment my other source of income. And the good thing about it is that it does not disturb my activities and still gives me enough time for myself. Nothing is sweeter than second income and Fiverr have provided that for me through their online marketplace scheme. I honestly recommend Fiverr for this platform. (Article_guru12)

My own experience as a buyer

I have used Fiverr four times, for logo design and help with article writing. I have been impressed at both the quality and the affordable cost of the ‘gigs’ I have purchased and will definitely be using their services in the future. I aim to purchase SEO services and bookkeeping services in the near future and will not hesitate to look to outsource other services from Fiverr as required. The process is always easy and problem-free.

Logo Design 'Sales Page' on Fiverr

Logo Design ‘Sales Page’ on Fiverr

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