There are many programs out there that are designed to pay you for some sort of service you do. A very interesting one, Fiverr, is software that allows you to perform an assortment of different services that pay you at a rate of $5 each. $5 per task may not seem like much, but those little sales add up fast and can make you 1,000s of dollars.
There are many things you can do to earn $5 on Fiverr, but the faster you are able to complete the task, the faster you make that $5, right? So today, we will be discussing some of the best ways to make money on Fiverr.
What can I Sell on Fiverr?
There is a huge assortment of services you can offer your buyer. In the beginning, you will need to work to make some sales so you can achieve higher levels, which will be explained later. Some ideas for starting include:
- Create your buyer a logo
- Draw the customer as a cartoon character
- Make a photo into an avatar
- Write them a short blog post
- Give lessons on learning a particular instrument
- Promote their business on Facebook
- Tutor your customer in a class they need help in
No matter what you are good at, there is a way to make money from it on Fiverr. If you have any questions about how to turn your talent into profit, leave them below.
How much can I make on Fiverr?
When looking at Fiverr stories, people either say one of two things, “I haven’t sold anything and have been trying for months”, or “I have made over $1 million from Fiverr”. There are plenty of people who say one way or another, but in reality, the services those people who failed provided within Fiverr were not the same as the services those who succeeded provided. Your success completely depends on what service you sell.
When looking at potential services, you may think some of them are too much work for $5, and you are absolutely right. As a matter of fact, you don’t even get the full $5 for a sale, Fiverr takes 20%, and you have to pay PayPal 2% to have your money transferred, so your left with $3.92 per $5 sale.
In order to make it worth your time, you will need to find a service that costs near nothing to provide and takes only a few minutes to create.
After you have made a few sales, make it your goal to become a Level One, Pro League, or Rockstar seller. At each new level, you are presented with new selling tools, such as the ability to add additional options in the form of add-on services.
Let’s suppose your service is giving trumpet lessons, so you have a 10-minute video about trumpet basics, and for an extra $20, you could make an hour long video, explaining things more in-depth and answering any questions they may have.
The maximum additional charge for an extra can be as high as $100, but depending on your service, you may be able to get customers to make another purchase from you.
In order to “level up” you must receive positive reviews, respond quickly and politely to customers, deliver on time, and follow Fiverr’s rules. It doesn’t take long to “level up”, some have achieved Level One after only about a month and 10 sales.
Earn Maximum Revenue
While selling addon services is a good option to increase your earnings on Fiverr, some services make sense to do, even for $3.92.
A very profitable service is selling an eBook. The production cost is $0 and takes under a minute to deliver. But not only are you making $3.92 for selling the eBook, but you can also promote other products through Affiliate Marketing and even other eBooks you wrote within it. If you want to learn more about making money from an eBook, Click Here to read my post about making money from an eBook.
Here are some other potential money making services to consider:
- Video lessons – Base them on anything you know how to do well.
- Handmade products – Everyone loves diy, and if you can do it cheap and quickly, it is definitely something to consider. You can either make them and sell the product, or sell the design you used.
- Logo design – If you can find a software that is cheap and can get the job done fast.
- Facebook promote customers products – If you have many Facebook friends, definitely consider it.
- Write a short blog post – For longer work, charge a bit extra.
- Online research – Research things for writers and create a template and a system for efficiency.
Use your imagination to come up with something unique that people will appreciate.
A very important part of success on Fiverr is promoting yourself. Tell everyone you know about your Fiverr, your friends, family, anyone who cares enough to listen to you talk. Once you make some sales, you will become a Level One seller, and from there, your business will start to blow up.
Keep in mind you will not achieve success right away, it will take time and patience. A lot of marketing is involved in the beginning, but you need to put yourself out there if you want to see profit. It doesn’t matter how you do it, you could make a YouTube video (Click Here to read my post on starting a YouTube channel), you could put fliers around town, you name it!
Also, when you begin to make sales and take payments, I highly recommend you use PayPal rather than the debit card Fiverr offers, because although it can be cheaper, you will need to watch out for several fees, including an activation fee, $1-$3 fee per withdrawal, and a charge every time you transfer money to it.
Keep Supplying Your Services
Now that you have a plan laid out for what you will be doing, and have started to put your name out there, the only thing left to do is continue to supply your services. Keep doing what you are doing, keep sticking to your plan, and never give up. Your goals on Fiverr will be achieved, you just need to keep working.
I am always here to help, and if you have any questions about anything explained in this article leave them in the comment section below.