There is that ancient saying about the journey of a thousand miles beginning with the first step, and yet that same idea applies to making money. The journey to a bank full of cash has to start with that first profitable enterprise. It doesn’t even have to be an enormously profitable endeavor – it can net a few bucks and still take you towards your goals. That is why we are going to look at ways you can make money on Fiverr, and head towards your financial freedom.
What is Fiverr?
Firstly, just what is Fiverr? It is the world’s most famous marketplace for services priced starting at around $5 each. Registered users of the site can buy or sell services (and products) within that price range and higher. The site is divided into categories that include:
- Graphics and design
- Digital marketing
- Writing and translation
- Video and animation
- Music and audio
- Programming and tech
- Fun and lifestyle
And as you might guess, categories are further broken down into more specific areas. For example, the music and audio category features such tasks as voice over services, singing and songwriting, jingles and drops, sound effects, and more. Clearly, almost anyone can find a few things they can do within this wide array of categories, and earn a few bucks each time they are hired to do it.
“Hold up a second,” you might say. “If you are making just five bucks at a time, it is just silly to dedicate energy to a site like Fiverr! After all, I can make $15 bucks cutting the neighbor’s lawn and that takes like 30 minutes!”
True, but if that is the whole truth, then why do companies like Forbes have such amazing things to say about Fiverr; as opposed to activities like mowing the neighbor’s lawn or walking a bunch of dogs? In a recent article about Fiverr, they had this to say:
“…more and more businesses, both online and offline, are using the services offered on Fiverr….As Fiverr’s ability to draw clients continues to explode, the good news is that there is more and more demand for whatever services you offer to the global market…”
And while it is five dollars at a time, you can make money on Fiverr, substantial amounts if you know how. In fact, a recent article about the site said that users create more 4,000 new gigs or jobs each day! Let’s look at a handful of ways you can start to earn money on the site. And, once you do around ten “gigs” (jobs on Fiverr), you are bumped into the “level one” status, allowing you to charge more than $5 for products or services.
Starting to Learn How to Make Money in Fiverr
The whole secret for making money on the site is recognizing services or products you can offer that you can also “knock out” in short bursts of time – it is about $5 per gig, so quick jobs or tasks are the most lucrative to start. That means whether you are eager to build up a full-blown business or job, or you want a simple side gig that creates a steady stream of income, it is possible.
Words and Fiverr
As a prime example of this, consider anyone who has ever drafted a report or even written and created an eBook. This is something you can offer up to clients via the site. As Forbes explains, “write a book or report once and sell it again and again to different customers. As long as you clearly spell out that you’re not selling resale rights to your work and that you retain all copyright, you should be good to go.”
How do you make the most of this? In other words, how can you make money on Fiverr reselling your written works? It has to start with research – and this is true of any enterprise you want to use to make money on the site.
What are people looking for the most in the Fiverr writing categories?
What seems to be a big seller online in general?
Whatever seems to be a persistently hot topic (i.e. “Ten Paleo Recipes”) might find a steady marketplace on Fiverr over the short term.
And while we are on the idea of writing as a way to make money on Fiverr, one of the savviest tips imaginable is to spend some time honing your typing speed. Seriously! If you can bang out 400 words in 12 minutes or so, you can start to take in up to $25 per hour. Naturally, you also have to type text that makes sense, is original and without errors, but nonetheless, it is a great way to make money from the site through words and writing.
And if you type quickly and concisely, you can start to become an authoritative and effective writer for social media posts, tweets, and blurbs. As an example, you can whip up dozens of tweets for a client in just a matter of minutes, or you can start to earn those $5 fees with well-plotted Facebook posts. Book several in an hour of time and you’ve earned a nice chunk of change while you wait for dinner to cook or the kids to get off the bus!
“But,” you might be shouting, “I still can’t quite see how to make money in Fiverr! How do I do it? What do I sell?”
Begin with Looking
That has to start with a bit more research. In other words, I suggest you begin to learn how to make money in Fiverr by seeing how others are already doing the same. An article in U.S. News and World Report emphasized this when it looked at the rapid growth of the site.
In the article, it pointed out the value of researching hot gigs. “It’s how Morissa Schwartz, a college student at Drew University who lives in Woodbridge, N.J., started paying for her college-related expenses. She originally joined the site to offer her singing services, but then started noticing requests for copyediting help. As a writer, she figured it would be easy to edit in her free time, so she began offering her proofreading services on Fiverr.”
She now edits 2,500 words for $5 and has taken in more than $7000 in the past school year. Another person referenced in the site discovered that a lot of businesses wanted people to help them create more appealing auto-responder text, and he is earning around $300 per day in this niche.
Here is what another successful online entrepreneur said, “I spent time looking at what other people are having success with…the idea for my gig was born – I’m going to create a video animation service offering things like whiteboard videos, 3D animation videos, hand drawn videos etc. I just looked at what other people sold and what I could make quickly and created some relevant gigs.”
In fact, this writer is actually hitting a hot button area of the site since custom videos of this kind are still in very high demand. The point though, is that he had software that let him quickly whip up videos, and that is the key – being able to meet the demands of the gig in as short a period as possible.
That Forbes article said much the same, when talking about using marketing software. They argued that you can invest in “traffic generation software” that you first master and then use to help clients promote their site or landing pages. Once the software is setup, you can often input their data in just one or two minutes, meaning you can earn upwards of $150 to $300 per hour by investing in the right software and offering business promotion services.
The Secret of Making Money
Yet, as both of these examples show, and as our point about typing speeds also emphasizes, there is a method behind everything you can use to boost Fiverr returns. For instance, just consider this list of “steps”.
- Do the research to see what others are doing on Fiverr or what buyers are seeking
- Find tools that would let you tackle those gigs at high rates of speed, such as software or other shortcuts (more on this in a moment)
- Practice whatever software or skill is needed (i.e. learning to type well at speeds of 90wpm or more or be able to accurately edit 2500 words in less than a half hour)
- Create a good Fiverr gig description that is simple but accurate – as a simple example, let’s say you mastered animation software and can now do whiteboard animations. Your Gig should say so in an appealing way, such as “I will create a FANTASTIC Whiteboard Animation Video for $5”.
- Make a good image for the gig as this is important to attracting attention
- Write an accurate and appealing description that reflects what others offering the same services are saying (don’t copy them outright or you can be banned from the site)
- Understand which keywords and tags are the most important for your gig (for instance, in the example of the video animation, your tags should include words like whiteboard, animation, video animation and even 3D animation).
- Always (read that in capital letters as ALWAYS) add a video to your gig as it typically increases your rank and gets a lot more attention
Once you start getting gigs, always complete them in a timely fashion. You will have to complete ten gigs before you can be promoted to level one – which is the point at which you can actually tweak pricing and ask for more than $5 per gig.
Before we take a quick look at some of the best ways people do fast and easy gigs, I want to go back to that second step above – finding tools that would let you tackle those gigs at high rates of speed, such as software or other shortcuts.
Why? Because this is a way to authentically monetize your work along several channels. As an example, the guy who makes videos is also blogging about his success on Fiverr doing it, AND earning as an affiliate who steers interested readers towards the software that lets him make quick money on Fiverr.
His approach would include all of the steps above, but his marketing would feature blogs that also led readers to the landing page for the software he is affiliate marketing! Find ways to integrate affiliates into your Fiverr work flow and you’ve got a solid recipe for success.
So, has this inspired you? If so, you may want to head to the site to explore the different categories that you think you have some skills to match. If you are still a bit stumped, here’s a brief list of some of the latest ways people have learned how to make money in Fiverr:
- Employing analytics software to find strong SEO terms for a website
- Using software to turn photos into illustrations
- Doing social media promotion such as leaving positive Facebook reviews
- Offering services as a virtual assistant
- Using software to run analytics on websites – particularly SEO
- Drafting brief blog posts
- Conducting research using Google
- Using Photoshop to customize a photograph
- Doing a fast design of a business card or logo
- Creating custom graphics for businesses based on photos or other images
- Taking selfies near local landmarks, but holding signs to indicate the landmark
- Writing reviews on demand
- Translating 300 words or less from a foreign language (you must be fluent)
- Creating video testimonials on demand
- Selling and reselling eBooks – just be sure that you promote your other eBooks within the books sold through Fiverr
- Create video lessons for activities people seem eager to master (this can then be resold to those interested in the lesson content)
By now, you have probably seen several ways that you can start to make money on Fiverr. As one writer said, “Use your imagination to come up with something of real value. For example, one offer says, “I will answer 10 questions about Italy.” Yes, you can offer to answer questions as an authentic and money-earning gig!
Marketing is Part of How to Make Money in Fiverr
Lastly, if you are sincere in your interest in learning how to make money on Fiverr, you have to take steps to actually promote your product or service whenever possible. Again, creativity can pay off.
One woman’s Fiverr services really took off because she used her talking parrot to promote them in a short YouTube video. You can copy this concept, using a creative video to advertise whatever it is you sell. Don’t forget word of mouth, social media campaigns and blogs are useful in directing attention to your Fiverr gigs and skills.
Once you bypass that level one status, you can really see your earnings increase, yet many people happily remain in the $5 region by using the tips we’ve supplied here. Mastering the tools to enable them to work fast and keep clients happy, creating dynamic listings and promoting creatively, they enjoy a wonderfully lucrative side gig or even a full-time career on Fiverr.