There are many ways to make more money on Fiverr. This post shares 3 tips you can start immediately. The idea is to work smarter not harder so keep that in mind as you read the tips. You want to be a Top Rated Seller like me, follow my tips!
Raise your Gig prices
Lower your Gig prices
Raise your gig prices
Did you know that you can earn more money on Fiverr by simply raising your gig prices. I was talking to my wife about this yesterday. Months ago, I raised my prices and the first month I did that, I netted over $2,400. In my recent conversation I said, honey I can actually earn more money on Fiverr by working less. If I proofread and edit 2 dissertations per week let’s say at $500 each, I can essentially earn $800 per week. That $800 is after Fiverr’s 20% fee. And with a little simple math, $800 x 4 (weeks) = $3200. That would be a total of 8 gigs per month assuming those dissertations are $500 dissertation gigs. To get to 6 figure status in a month, that’s 280 dissertations at $500 each, not easy but doable!
Try lowering your gig prices
Conversely, you can earn more money on Fiverr by lowering your gig prices. This is basically the exact opposite of working less and earning more. This step ‘lowering your gig prices’ helps you with tip 3, ‘be competitive’. The goal here is let’s say you are competing with a proofreader who professionally proofreads 20,000 word dissertations for $500 with 4 day delivery. You can simply say you will do it for any amount lower than $500 and offer a quicker turnaround time like 2 day delivery. If you truly want to be competitive you can do both, offer a gig at less than $500 words for 20,000 word dissertations and offer faster delivery.
You can be competitive on Fiverr in many ways. You can even offer customers incentives for being a return customer. Some customers purchase gigs without ever interacting with you or sending a message. They place an order, you complete it and you don’t hear anything, not even a review. You can send these customers a message like: if you return, send me a message first for a discount. This will help you establish a line of communication, build a relationship, and also create a repeat customer. Also, try, ‘if you refer someone, I will give you $10 off your next order.’ Again, people wait for these discounts. I had a customer I gave a quote to several weeks ago. They returned this week because Fiverr was offering a 20% off your order coupon.
Adjust your prices
You can adjust your prices, there is nothing wrong with raising or lowering as you see fit. Try it out, take notes on what happened when you raised prices and lowered prices. If you apply the lowering your price, offering faster delivery, you are certainly being competitive. However, my word of caution is make sure you can maintain the level of productivity, especially once the volume of your orders increases. Bonus Tip: If your orders rapidly begin picking up and you are cutting it close on your ability to deliver in less time, raise your prices to slow your orders down.
On that note, I want to talk about raising your prices again, sorry to go back and forth but sometimes it’s good to do that. When you raise your Fiverr gig prices, you create a situation where you will get targeted traffic and serious inquiries. You will know exactly what I am talking about if your gig says you will edit 1000 words for $30, and people start messaging you requesting you edit 2,500 words for $5.
Recap of the 3 tips
Raise your Gig prices
Lower your Gig prices
Make sure you make observations and take notes on the results of trying these out. In closing, give these 3 tips a try to make more money on Fiverr. I look forward to hearing your success stories.
If you are wondering how to make money on Fiverr, please continue reading this post so you can start earning money online today! If you are trying to learn how to make money online, you most likely have heard other people’s success stories and you want a to take your shot at it. 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!!!
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 a deeper layer that is necessary to successfully make money on Fiverr and online for that matter. For example, one of my reflections came from looking at my monthly income report 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. This means it takes longer for the order to clear and I was not going to hit the $3,000 mark I aimed for, because that gig wouldn’t even count in that month.
Learn how to make money on Fiverr using the request board
Also reflect on mistakes around who 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. See the request board screenshot above.
How to handle Fiverr Requests
In the example above, 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.” My question to the buyer becomes what is it worth for your book to be proofread and edited with a high standard of quality? Shoes cost more than $50-60.
Now some of you may wonder why I didn’t just look at the tab 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!
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 Freelance 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 is red flag! This took me some years to master because I’d read about businesses and leaders who never let a sale get 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 over $300. Sometimes its not worth the headache and the earlier 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!
You are here for the truth, unbiased Fiverr reviews. Well, I’ve got that covered and my goal is to provide you with information to see 3 things:
Fiverr is a legit way to make money online
It offers a simple to use platform for freelancers to sell
People can easily purchase or outsource their work to freelancers on Fiverr
There is a way to avoid Fiverr Fees.
Fiverr How to Sell
Learning how to sell on Fiverr is pretty straight forward. First, you need to create a professional profile that will attract buyers. As a freelancer on Fiverr, I have done consultations on peoples Fiverr jobs. One thing I would find is some people wouldn’t smile in their profile picture. I’d tell them something like: think about this, if you were giving me investment advice with that frown on your face do you think I’d continue to use you or make referrals?
Ok, so now you’re smiling. After setting up your profile you need to create your Fiverr jobs. Now that you’re on Fiverr what is a gig? What is a gig you ask? That’s right, Fiverr uses gigs in place of the word “jobs”. So essentially gigs are the same things as jobs. On Fiverr you either purchase or sell gigs. So, you can offer a gig at a price as low as $5. Hence, where Fiverr got their name from. My advice is don’t sell yourself short, offer the price your services are worth. I just got paid $500 for proofreading and editing a 31,000 word dissertation in Microsoft Word. Currently, I’m working on a 83,000 word book for $1,000.
How to make money with Fiverr the easy way
First, to make money with Fiverr quick and easy, you must use the Fiverr app. The Fiverr app is a free download that takes 1 minute. Link it to your profile, turn on notifications, and you are all set. You want to be accessible. This is where the app comes in because you show buyers you are always online. The key with this is buyers will search for sellers using the filter they often want a level 2 or higher seller. In addition, they have a sense of urgency and so they want someone who is online. This is where a level 1 seller can be out a level 2 or Top Rated Seller simply by being online.
How Fiverr works
You have 2 options once you are on Fiverr, become a seller or buyer. This depends on your needs. For example, if you are a blogger and you are looking for resources or help you may want to be a buyer. This allows you to outsource which means paying someone else to write your blog posts. Outsourcing one Fiverr is beneficial because you make a small investment to a freelance writer who can write your posts with SEO strategies and you can monetize those posts. You may also want to be a buyer to get your site or blog designed by someone on Fiverr experienced with WordPress or web design.
Making and Responding to Requests on Fiverr
Fiverr has a section where buyers can make a request and sellers can bid on the request. This is a great place to start for beginners on Fiverr. However, you don’t want to spend your freelance career responding to request. You want to get to a position where people seek you out, search for you and find you. Oh yes, people do use Google search and plenty of Fiverr seller’s profiles rank high in the search engines for certain terms or keywords. This is great because it puts your Fiverr income on autopilot.
Fiverr how to sell and become a Top Rated Seller
Become a Top Rated Seller on Fiverr
Currently, I am and have been a Top Rated Seller for over a year. This is where my income started consistently being over several thousand each month on Fiverr. I’m at the point where I can literally work less on Fiverr and make more. My prices are priced appropriately in proportion to my services and quality of work as evidenced by hundreds of 5 star reviews and over 1000 gigs completed.
The last thing I want to mention to close out my Fiverr review is the fees are a little obsessive. This may be what people refer to when they talk about why Fiverr is bad. Fiverr fees aren’t necessarily a bad thing but more or one of the cons of using their services. Fiverr charges the seller 20% of everything. If you sell a gig on Fiverr at $100, minus their 20% fee ($100 -$20 = $80). If you get a $10 tip on top of that $100 gig, it looks like this: $100 -$20 = $80 and $10 – 20% = $8 so you would net $88 on a $100 sale with a $10 tip.
Sometimes your buyer may or may not know about your tip being charged 20%. Sometimes buyers give tips to help you offset your Fiverr fees.
A smart work around for Fiverr Fees
This is a good place to share this tip that you won’t find in other Fiverr Reviews. I have to let you know there is a way to offset this right off the bat; it’s the same thing hairdressers, home sellers, and other professionals do, roll the tip or Fiverr fees into your cost. You can even do both. Here is an example, let’s say you create resumes at $100 and you anticipate a $10 tip, and you know Fiverr is taking a total of 22 dollars from you. You can add that $22 right into your resume gig, so now it becomes a $125 gig with Fiverr fees and the tip included. Once you do that math you now net or walk about with $100. Problem solved and no need to speak on why Fiverr is bad anymore.
Aim for 5 star Fiverr Reviews
Reviews on Fiverr
Fiverr operates using a review system with 1-5 stars, and 5 being the highest rating. Sometimes as a seller you will get accidental reviews where someone says they clicked 2 stars by accident. Be persistent and get them to agree to contact customer support. If they don’t, get a screenshot of your conversation with them saying that, and Fiverr customer service will change your rating. Ratings are important to an extent because they determine your search engine rankings on Fiverr. So you want good 5 star Fiverr reviews.
In closing, I hope the Fiverr reviews you have come across combined with this information provide you with guidance on whether Fiverr is for you. In addition, I hope you are reading Fiverr reviews from previous users or freelancers instead of people with no knowledge of the platform or how Fiverr works. Please note that what works for me may not work for you and vice versa. With that being said, I’d love to hear your experience; so, please leave a comment below.