Fiverr review – how to use it to earn money online

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Fiverr is a trendy platform for freelancers to earn money online. When it comes to gig economy, I cannot think about it without Fiverr. I know it is a popular platform and I’ve read many blogs and posts reviewing the website. But I’ve never tried to use it by myself. I have experiences of earning money online using other websites including Upwork. Please have a look at my review with my actual earnings by visiting here, if you want to find out.

Why is Fiverr so special compared to other websites? Will it be easier to earn money using the platform? I decided to find out. I started creating my profile and gigs. The initial setup was straightforward. It had a good UI and helped me to finish all the requirements. Now all set! Let’s have a look at the most distinctive differences from other freelancer websites.

I created my profile at fiverr

Comparison with other freelancer platforms

1. It is all about gigs

I’ve used Upwork and Freelancer.com. Their design was quite straightforward to a seller. You can search what clients are looking for and you just apply for a job with your rate and delivery time. They place this job search page right after their login page. In contrast, Fiverr’s focus is on what gigs people are offering. I will say this is not very usual to sellers. Most of the freelancer websites hide the skills and the rates of other freelancers.

Their website focuses on gigs and lets any person browse skills and work histories of freelancers. What I liked about them is that they allow sellers to diversify price ranges and options by introducing 3 tier system. The below is my packages that I created by referring to other translators.

3 Tiers

By default, you will be able to start creating one package, but you can unlock for free the rest two packages once you finish making the first one. You can add details such as delivery time and a different rate for each service. The items (in my case, Subtitling, Transcription, Document Formatting, etc..) in the tiers are given by Fiverr. If you work in a different industry, those items will be different.

This package system can be a nice to way to present your rates and options. In other freelancer platforms, you decide those items per contract, and it is very hard to maintain consistency.

2. You can know your competitors

Freelancer.com and Upwork do not let you see your competitors. You have to pay to buy a premium membership to view the other bidders and their rate. But, in Fiverr, you see all the competitors and their rate. As a starter, you can do your research to decide your rate using others. You can also find who is successful and who is not.

More importantly, you can search gig providers in your domain and gauge how competitive the market is. Now, in 2019, I am quite sure that almost all service areas have become quite saturated. I can see that the translation market is already filled with established translators. I could see that it would be challenging to penetrate into the market.

Market yourself and offer discount

Yes, even if Fiverr looks innovative and fresh as a daisy, if you are a seller, it is not that different. It boils down to how you market your skills. If you have already had a strong profile and a good work history, you may have already gone through this process and you will agree with it. But if you are a fresh starter, one simple way to snatch customers will be offering some discount to build a good work history. Don’t expect to receive job offers by just creating a profile and waiting on your chair. You have to spend lots of time researching, marketing, and applying your learnings.

Clients will search gig providers based on high ratings and past experiences. There will be no clients who would do it opposite. Even if you have a proven record in your day job and other freelancer websites, to succeed in Fiverr, you will have to repeat to build a reputation. What can you do now then? Well, my answer is now is a good time to prepare yourself to thrive in the gig economy.

Think broadly, it is about gig economy

Fiverr, Upwork, Freelancer.com, Uber, AirBnb…All those platforms where you can earn money, they are all parts of the vast gig economy. My apologies for throwing a big topic all of sudden, but to succeed in any freelancer platform, you have to learn the trend and what to do to thrive in a gig economy. I’ve found a brief Youtube video that explains the trend and 4 tips.

How to Thrive in the Gig Economy – Michigan Ross

1. Be adaptable

You have to train yourself to be adaptable to changes. The video host said that the pace of change is accelerating and it will never slow down. If you understand the trend of current time and educate yourself, your skills will be in demand. If I use my example, 5 years ago, it was a norm for translators to translate word-to-word manually. But now, many clients want someone who can use machine translation and modify the result, which fastens delivery time.

Translators who refuse learning and who don’t know how to good translation tools, they will be left behind in the race. And, this lesson is applicable to every industry. Look at the trend and teach yourself.

2. Learn how to code

Don’t worry. You don’t have to be a programmer. You’ll be fine just by understanding how things work in the programming world. The host puts this nicely saying, “Coding is like plumbing in the new economy.” Let me use my example again. Many clients give texts in an xml or a json format. Or, sometimes, they give me html files that have texts.

If I don’t understand anything about coding, I would have tried to translate htmls and xml tags. You just need to know that it is a programming syntax that maps each key with a value. Even in the translation world that is regarded to be least related to programming, coding and using tools are important skills.

3. Think like a social scientist

“The people who make it today can see the big trends early, and add them up something.” Gig economy is a global trend. There can be a different pace of how fast the gig economy impacts your society, but eventually, it will disrupt the traditional working environment. Good news is it’s not late. If you watch the trend and start building your profile and product, you will succeed in the gig economy.

4. Move to a city

Innovation and change tend to happen in the city. City is where ideas are collected and people collaborate each other to make things happen. To join this movement, moving to a city can be a good option. We don’t have to argue about this since it is clear that most of the innovative tech companies are located in the city. Location really matters.

Conclusion

Fiverr is a good platform where you can use your gig for clients and earn money. It is worth trying to use the website just to learn how gig economy works. If you want to earn money and if you are fresh starter, remember that you will face competition. To succeed, you have to know how to market your skills and build a good reputation.