How to make money on fiverr quick and easily
How to make money on Fiverr
If you are wondering how to make money on Fiverr that means you are motivated to earn money online. By motivated I mean, you are tired of hearing other people’s success stories and now you want a piece of that pie. Well what better way to get advice on being successful on Fiverr, than by reading posts with tips and strategies from a successful Top Rated Seller.
The biggest tip for being successful is being motivated. Once you are motivated to make money on Fiverr, your subconscious (don’t worry I won’t get too deep here) will create conditions for you to believe that you can actually make money through this online platform. For example, you will spend hours reading articles like learn how to make money on Fiverr or I made $10 in 3 minutes from my bed! Holy Crap!!!
Read about successful Fiverr sellers
After you have read enough about successful Fiverr sellers like Alex Fasulo (How this 25-year-old freelancer made $150,000 in 6 months off Fiverr) or David Feldman (How this 38 year old is making 6 figures freelancing on Fiverr), then you will realize the true potential to be successful as well. For me it was very similar except these aren’t the exact articles I read because I started some years ago. But I do provide these stories so you can see they are real and they are from people of any age.
Making mistakes and reflecting on them is how we truly learn and grow. Simply just making mistakes means you make a lot of mistakes. But again, when you reflect it adds that deeper component that is necessary to successfully make money on Fiverr. For example, one my reflections came from looking at my monthly income on Fiverr approaching the end of the month. I was at $2,500 and I wanted to get over $3,000 so focusing on not losing a client, I priced them at $500, instead of $600 to proofread and edit their dissertation. Then to make matters worse, they didn’t manually accept the order so not only was I not going to hit the $3,000 mark I aimed for but that gig wouldn’t even count in that month.
Learn how to make money on Fiverr using the request board
Also reflect on mistakes of how you chose to work with. For example, as a newcomer years ago, I read of a successful Top Rated Seller. His advice was do not spend time responding to the request board. The advice had merit; the request board is typically saturated with people who are so concerned about their budget.
In the example, you can see a buyer looking for a proofreader for a 36,000 word book. Starts off great. They want 2 documents upon completion, a clean and a track changes version. Still great, this is what I deliver standard as a freelance editor on Fiverr. Here is where it gets bad, “My budget is $50-60.
Now some of you may wonder why I didn’t just look at the tap next to duration, that says BUDGET $64. I don’t look there because some people have never used Fiverr before so that usually is a place holder. In addition, see the Fiverr Request immediately underneath, BUDGET $1000. Are they really paying $1000? For that job, editing and finishing a business plan, most likely not.
Some Fiverr Requests are Legit
I will share, my first few months on Fiverr there was a lawyer who I would eventually partner with who posted a request with a $1000 budget. I had no clue it was legit. So I said I’d do the job with same day delivery for $100. To my surprise, he tipped me $400. The next job was more reasonably priced, I believe it was a $400 to proofread a confidential legal document.
One way to be successful
One way to be successful on Fiverr is to really promote your brand. I go by Dr. L on Fiverr, and every time I send or respond to a message, I write Dr. L at the bottom. I want people to always know who they are dealing with; I want people to make referrals and tell friends and family about Dr. L. Sometimes people go to the request board and write messages like the following. “My sister referred me here and I want Dr. L to proofread my dissertation. Please reply Dr. L. I hope we can work together.”
Another big indicator, that helps me know I am building my brand is buyers can make request directly to sellers. For example, instead of going to the Fiverr BUYER REQUEST area, I will often receive a message from a prospective buyer requesting a quote.
How to respond to Fiverr Buyer Request
All request to sellers don’t look like this. Some requests from buyers on Fiverr will actually include their budget. And this leads me to the next section.
Know your worth as a Seller on Fiverr
Price your service accordingly with what you believe it’s worth. For me this took a while because my prices were low and I thought I could manipulate my earnings on Fiverr simply by lower or increasing my prices. You know the whole supply and demand thing. Yeah that was not for me. What ended up happening is I’d go on a dry spell with no orders for like 7+ days. I’d lower my prices and get flooded with orders I couldn’t keep up with. Then I’d raise my prices again, only to go on another dry spell.
The solution came from further reading. I read an article from a Top Rated Seller, it was like “How to be a Top Rated Seller on Fiverr” or something like that. The author wrote about pricing your services based on what their worth. This was contrary to other authors who write about pricing based on competition. So I created my own approach based on what the services were worth and also, what I intended to make. For example, I do resume writing and cover letters as well. Ultimately, I want to make $100 from both, so I charge $125 to account for Fiverr’s 20% fee on everything. It reminds of Ketchup or Hot Sauce “I put that on everything”.
Also, I think about the entirety of the job and ask myself an important question. What price would I feel comfortable doing this work? This question takes into account squeezing the job in amongst other jobs, balancing my family time, and doing any fact checking that may be required. After I get all that information, I create a quote and I fully commit myself to the work because it was at my rate.
Don’t be afraid to say no to buyers
I often turn buyers away immediately when they talk about their budget because this sounds bad from the get go. This took me some years to master because I’d read about business and leaders who never let a sale walk away. But truth be told, to each their own. Also, buyers can be very rude especially on Fiverr. You may sacrifice everything to do the gig and they give you a bad review, don’t mark the order complete, or request revisions that are outside of the original agreement. I’ve said no and/or cancelled jobs I completed at rates of $300. Sometimes its not worth the headache and the early you get this sense the better.
In closing, at this point you should be better equipped to not only understand but also tap into how to make money on Fiverr. Remember find your motivation, whether it is the need to make more money, side hustle, part-time, full-time income, etc. Once you have the motivation keep that at the forefront of your approach. When you don’t want to read another How to Make Money on Fiverr related article, then go back to your motivation which is your “why” and keep on pushing.
Keep me posted. I’d love to hear your story. Please comment below!
Best of Luck,