This is How You Can Make Lots of Money on Fiverr

Updated: Nov 9, 2021
By Umar Farouk Kabir
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Making money online has never been easier than it is today. There are numerous platforms out there set up to help people around the world earn money online. Here, we will focus on Fiverr, and how you can make money through it.

Everyone can make money on Fiverr if they have a couple of digital skills. Fiverr has become ever-present in the freelance community after gaining popularity quickly following its launch back in 2010.

You do not need to be a pro to know how to make some cash on Fiverr, in this post, you will learn how to make money on Fiverr with relative ease.

But first,

How Does Fiverr Work?

Fiverr is an online marketplace where goods and services are exchanged for money. There are several gigs available on Fiverr. A gig is simply what is referred to as any service being offered by a freelancer on the platform. Anyone looking for a particular service browses through the several available gigs on the platform and pays the freelancer for it. The average starting price of any service rendered on Fiverr is $5. Of course, the prices vary according to quality and quantity.

When a buyer selects a service to purchase, they place an order and then proceed to checkout to pay for said service. All purchases made have a corresponding processing fee, Fiverr charges the buyer a $2 processing fee on each purchase and up to 5% on purchases above $20. Sellers keep 80% of each Gig they sell after they have completed and delivered the task.

Now that you are up to speed on how Fiverr works, we will now look at the various steps taken to set you up to start making money.

How to Set Up Your Fiverr Account

1.   Signup On Fiverr

You cannot make money on Fiverr without having an account, that much goes without saying. The very first step to earning money through Fiverr is to sign up for free. After signing up on Fiverr and confirming your account through a link via email, the next thing you need to do is to set up your profile.

On your profile, prospective buyers will see the kind of services and products that you sell.

Furthermore, you will have to upload a clear picture of yourself for buyers to see who they are dealing with.

2.   Setup Your Fiverr Gig

There is no making money on Fiverr without setting up a particular service or services to be bought by people around the world. Your Gig depends on the type of digital skill you can provide.

Sellers have the power to choose what their starting price is, although, generally it starts from $5. There are logo designers, writers, web designers and so on.

A good Fiverr gig goes a long way in bolstering the sales of your products and services.

3.   Promote Your Services

After signing up and setting your account, the next step is to promote your services whichever way you can.

In this day and age where social media presence matters a lot, it will do you good to promote your business using platforms Twitter, Whatsapp, Facebook ads and Instagram ads.

Fiverr is a very competitive freelance marketplace, so ensure a well-written and unique description on your profile to attract buyers.

Now that you have successfully learned how to set up your Fiverr account, there are a few pro tips you need to acquaint yourself with. Here are some useful tips to help you make more money and grow your Fiverr freelance Business even more.

Tips On How To Make More Money On Fiverr

If you have a less than successful experience already on Fiverr, you might want to pay attention to these tips. If you’re a beginner, you really need to pay attention.

Sometimes you might see that the order for one service is significantly higher than the other even though those two services are the same. Why does that happen you may ask.

The answer is attraction and visibility. One service attracts clients and is more visible to the online community than the other.

Applying the following tips will enable you to make money on Fiverr like a champ!

1.   Have a Unique and Eye-catching Title and Description

After creating an eye-catching title and description, analyze the title and description of high-selling gigs in your category. Carefully look at the words that occur the most in their titles and descriptions, employ imaginative ways to use those same words uniquely.

That way, you will get more hits on the internet as prospective buyers look for freelancers with your type of digital skill.

2.   Ask For Customer Reviews

After finishing each job, ask for a customer review. Good reviews do not only make you feel good about the work you’ve done, but it also leaves a healthy impression on your business. When clients go through your customer reviews and are impressed by them, odds are, they will contact you for a job.

One must be ethical in all dealings, so do not create fake reviews to bolster job orders. Always be transparent in your dealings. Doing so will foster trust between you and your clients. A good relationship between customer and client is always a top objective in any business.

3.   Beat Your Deadlines

If you’re looking to make money on Fiverr, you need to be extra careful with deadlines. Fiverr is especially critical about job deadlines. It is one of the factors that determine your ranking in an internal search. An effective way of ensuring you are ranked among the highest sellers with top quality work by the ranking algorithm of Fiverr is by ensuring you beat your deadlines.

A fair warning; do not neglect the quality of your work simply because you’re in a haste to deliver fast. It is unwise to trade quality for speed, rather, strive to balance these two factors.

When you achieve that, success will be a matter of time.

4.  Have a Good Customer Service

Good customer service is very important and cannot be overemphasized. Good customer service goes a long way to ensure your customers stick with you. Make them feel special and valued. Make them feel respected. On top of being satisfied, every customer wants to feel valued.

Use kind and respectful words in dealing with customers. Always communicate properly. When a customer feels valued, they will most likely leave a very good review in the review section. So you see, it is more of a scratch my back, I scratch yours kind of thing.

Conclusion

In any business you find yourself in, always remember that the quality of product or service you deliver ultimately determines your success. Do not be lazy or mediocre. Customers are always in search of satisfaction. Are you capable of providing that? A happy customer makes a happy client.

If you follow these aforementioned steps diligently, you will surely make some big bucks on Fiverr. What’s more, it is a trusted platform that has been going strong for a decade now. Put on that thinking cap and get to work. There is a never-ending army of customers waiting to be satisfied! 

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