Can You Make Money On Fiverr? Learn How To Earn Money On Fiverr in 2024

Guides on how to make money on fiverr. Fiverr is a platform to earn money as a freelancer by creating gigs

Can You Make Money On Fiverr? The Full Tips

I believe you would have heard people mention the word, or had it pop out from the Internet a couple of times, "Fiverr" in several ways in form of questions or enlightenment such as "can you make money on fiverr?" "how to make money on fiverr" "Is Fiverr real?"— well, the answer to these various questions are positive in the sense that, Yes! You can make money on fiverr; Yes! There are steps you can follow to optimize your fiverr account and allow you to earn money on fiverr and finally; Yes! Fiverr is real. And you can get more detailed answers to these questions by following the article.

Fiverr has been existing online for few years now and it has proven itself crucial, essential and inevitable for freelancers. Prevalently, remote working has been a popular trend in the recent years and one of the best online marketplace to have your skills or the work you do paid for is Fiverr. Fiverr as an online marketplace consists of many work opportunities available to it users, thereby providing a reliable and sustainable stream of income from any part of the world, without any geographical restrictions whatsoever.

Other alternatives to Fiverr are Freelancers and Upwork and they'll be be discussed in furtherance to this informative article.

Firstly, let's begin with what Fiverr is really all about. The idea behind it and its emergence, the prevalent misinformation about Fiverr and how to make money on fiverr.

What is Fiverr?

Fiverr is an online marketplace that offers services commonly known as "gigs".  It's a platform that focuses on the relations between freelancers who can list and advertise their digital services, skills and the buyers who are interested in paying them for these services.

The available gigs on fiverr are considerably large and almost inexhaustible in different categories such as writing, photoshop, artist, marketing, web developing or virtual assistant among many others. Hence, whether you're in any of the aforementioned categories or not, you can make money on fiverr.

Is Fiverr Real?

Yes.

Can You Make Money On Fiverr?

Absolutely, you can make money on fiverr. Now, following the general misconception about Fiverr that it only pays $5 and it's hard to earn on fiverr. Basically, these are not true. As a Fiverr seller, you can earn more than a thousand of dollars monthly on fiverr.  The average earning on fiverr is $500 upward. However, earnings can increase as you gain 5-star reviews and good client feedback, thereby increasing your per-hour rate. Many freelancers are making far higher amounts on the platform, with some ranging in the six figures so the experience can vary.

Another juice is the fact that, you can set the pay rate for the services your are offering. For instance, you are a content writer offering a gig off article writing. You can set your pay rate to $20, $50 or more if you think you're worth it.

However, the general note is that the lowest charge per gig is $5. Anything less than that is not acceptable.

How Quick Can You Make Money on Fiverr?

As a beginner, it may take few days for you to start earning money on fiverr, but this can start immediately someone purchases your active gig.

How Does Fiverr Work? —For You To Make Money On Fiverr

As stated earlier, if you posses any skills that you believe you can earn from, then you can start by listing them as gigs on fiverr. To have a sound understanding as to what Fiverr entails in respect of how it works, it's a prerequisite to know that there are two parties involved. The Seller and The Buyers.

The sellers are the freelancers. You who intend to offer your skills in return for payment on fiverr. While the buyers are those who are interested in hiring you for your skills and are willing to pay you for the provided rate.

How To Start Earning On Fiverr

To start earning on fiverr, you need to set up your account as a seller. The process of setting up your account is quite easy and it's under-listed in four major steps to get your started on your money making adventure.

• Sign Up On Fiverr

Fiverr is only made available or registered users. Hence, either as a buyer or seller, you must have an account before you can make use of the Fiverr platform. 

As a prospective seller, you'll get to sign up by filing out your personal information. Afterwards, a confirmation link will be sent via email and after confirmation, you can start by creating your seller profile.

•  Set Up a Seller Profile

Your profile serves to showcase your skills and experience to potential buyers. The way you present your profile determines whether buyers will order your gigs.

 Therefore, use this chance to impress buyers by proving to them that you’re the right freelancer.

• Create a Gig

This is the most important step in completing your seller profile. To create your first gig, you'll have to make use of a laptop or desktop based on the Fiverr requirements.

 Furthermore, each gig that you intend to create requires you to fill out basic information about the services you are rendering.

Now that you’ve completed your seller profile, it’s time to create your first gig. A gig is a job description you can use to showcase your services to buyers, and you’ll have to create it on a desktop or laptop computer. Each gig requires you to fill out basic information about your services, including: 

An overview: gig title, category, service type, gig metadata, search tags, pricing, descriptions and faq,  requirements, gallery and publish.

A succinct guide on how to go about this is already provided on the platform.

NOTE: It’s important to note that some job categories on Fiverr may require you to take a test to prove your proficiency in a field before your gig goes live. Freelancers in the Video & Animation category must upload a video.

• Market or share your gig

After creating your gig, you can share it on social platform to get more impression.

How to Make More Money as a Fiverr Seller

There is no doubt there are lot of talent freelancers just like you on fiverr who are also competing to get their gigs more easily seen and accessible it prospective buyers. Thus, there is a need for you to optimize your profile in order to maximize your earning on fiverr.

Fiverr has some cool features to help freelancer attain their levels of expectations. Below are some of the steps you can follow to help you make money on fiverr.

1. Add gig extras.
2. Deliver faster and create good relationship.with your prospective buyers.
3. Progress through Fiverr levels
4. Offer gig multiple
5. Send offers directly to buyers. This you can do through the Fiverr app 
6. Get five stars and good reviews after delivering.

How To Get Paid On Fiverr?

Fiverr has a pretty easy and straightforward method for paying freelancers. Fiverr sellers are paid 14 days after a client placed an order, with 80% of the payment held in your Fiverr account. This is done in order to ensure that the buyers are satisfied with the services you offered them and thereafter released for withdrawal.

Money in your Fiverr account can be withdrawer by using either PayPal, Fiverr revenue card, direct deposit or bank transfer. You can choose the one that appears convenient for you in respect to your region. 

Can You Make A Full-time Income With Fiverr?

Yes and Yes. Freelancers using Fiverr often opted making Fiverr a full-time source of income.

 However, while this is possible for some, it's not for many. It is therefore advisable to make it as side hustle especially as a beginner until you are convinced that your income on fiverr is worth the non-diverted attention.

Notwithstanding, For freelancers offering top gigs, there is a lot of potential to make a good level of income on Fiverr as there is a huge demand for freelancers at the moment.

Pros and Cons of Fiverr

Like any other online platform, Fiverr has advantages and disadvantages.

Pros

1. To help guarantee payment, Fiverr assigns 80% of a buyer’s funds to your account.
2. You have the freedom to work with clients all over the world.
3. You could earn tips.
4. It’s a good way for beginners to launch a business since most of the tasks are easy to complete.

Cons

1. Buyers aren’t verified.
2. Competition is stiff, and many sellers underprice their services.
3. Fiverr deducts 20% of sellers’ earnings, including tips.
4. It takes 14 days for Fiverr to clear earnings — seven days for top sellers.

Other Alternatives To Fiverr

The major alternatives to Fiverr are Freelancers and Upwork. They also work almost the same way Fiverr does with some.slight or major differences.