seven tips to make more money on Fiverr…
(1) Only Offer Gigs That Can Be Completed Quickly
To
begin, Fiverr takes a 20 percent fee off the top of any sales you make. That
means a $5 gig earns you $4. Even worse, Fiverr charges $1 every time you
withdraw the balance of your account.
If
you want to make more money on Fiverr, only offer gigs that you can complete in
a relatively short amount of time. Some examples that I used to offer include:
- I will
professionally capture audio or video from YouTube for $5
- I will
leave 5 positive comments on your blog or videos for $5
- I will
create a custom internet meme for you for $5
Each
of these gigs I could complete in 5-10 minutes or less. It was perfectly
reasonable that I could complete up to a dozen of these jobs in an hour,
earning me — at the minimum — $48. This is a
fairly reasonable payout for an hour of work, and I could choose when to
do this hour of work between other projects I had going on.
If
you want to make more money on Fiverr, you cannot be working for an hour or two
to only make $4.
(2) Create Multiple Iterations of the Same Gig
Once
you have created a gig that you can quickly complete, watch to see if it seems
to be selling well. If so, consider scaling your efforts by creating multiple
gigs that, well, offer pretty much the same service.
Here is an example from a popular Fiverr seller,
- I will
record a video as a geek girl
- I will
be your British website spokesperson
- I will
record a natural looking video testimonial
- I will
record a BRITISH video review
Those
gigs are all basically the same idea. For $5, she will record 50 words of
dialog in front of a webcam for you.
But
because different buyers search for different keywords, she is smart to create
separate gigs. For example, I may want a spokesperson for my website, but it
may not occur to me that a seller who offers video testimonials could do the
same thing.
(3) Offer an Incentive for Repeat Orders
One
of the gigs I used to offer on Fiverr was:
- I will
write 5 posts for your Facebook page for $5
When
I delivered the five posts, I would tell the buyer that on their next order, I
would include six posts instead of five for the same
price.
A
similar idea could be applied to just about any gig. For instance, if you
normally offer a 100-word product description
for $5, offer a 120-wordproduct description on
repeat orders.
If
you normally offer five blog post comments,
offer six or seven for repeat orders.
This
encourages repeat business, which not only allows you to make more money on
Fiverr — it also favors your gig in the
search results. The algorithm seems to lean towards gigs that have a higher
volume of repeat purchases.
It
also a good idea when delivering a gig to ask the buyer for a 5-star rating and
some positive feedback. Just like repeat business, Fiverr also favors highly
rated gigs in search results.
(4) Make Efficient Use of Gig Extras & Increased Quantities
As
your seller level increases in Fiverr, you will have the ability to offer gig
extras and more expensive gig extras. It is a good idea to take advantage of
these gig extras to boost your earnings on some sales. For example, you could
sell any number of these gig extras if you offer a video testimonial service:
- I will
record and deliver your video in 1080p HD (+ $10)
- I will
record your video in your choice of household location (+ $10)
- I will
wear a custom outfit when I record your video (+ $20)
- I will
speak in your choice of accent when I record your video (+ $5)
- I will
deliver your completed video in just 24 hours (+ $40)
You get the idea.
I
recommend only offering extras that will not increase the amount of
time it takes to complete the gig by very much. So what starts out as a $5 gig
becomes a $50 gig, without much — if any — additional time
required.
If
you do not have the ability yet to officially offer gig extras, or you have
reached the limit of gig extras you are allowed to offer, you can work around
it by making use of gig quantities. For instance, if you want to offer a $10
gig extra, you can simply ask the prospective buyer to purchasethree
gigs for a total of $15.
(5) Keep Your Response Time Low & Make Custom Offers
As
mentioned, Fiverr uses a complex algorithm to rank your gig when displaying
search results. One of the factors taken into consideration is your response
time.
Many prospective buyers will reach out with questions prior to purchasing. Even
if you only plan to complete your
Fiverr gigs once or twice per week, it is a good idea to reply to your messages
daily.
When
you do so, consider making use of the custom offers functionality. Depending
upon the scope of the job a buyer wants completed, it might be easier to send
a custom offer than
to recommend a particular gig you sell.
A
custom offer allows you to set a description of the job that needs
to be completed, how long it will take you to do
so, and how much the buyer needs to pay
for it.
Remember,
when creating your custom offer, Fiverr will still take their 20 percent
fee off the top… so set your price accordingly!
(6) Share Your Gigs as Often as Possible
If freelancing is a regular part of
your business, it is a good idea to share your gigs on social media:
The benefit is twofold.
For
starters, one of your followers may be in need of a service you offer.
The
second benefit is that Fiverr seems to favor gigs in their search results that
are regularly shared on social media. This is a simple way tomake
more money on Fiverr.
(7) Avoid Negative Reviews, Late Deliveries & Canceled Orders
Although
this might seem like common sense, you need to avoid negative reviews, late
deliveries,
and canceled orders. Each of these
scenarios may result in a penalty to your rank in the search results on Fiverr,
as well as your seller level.
Avoid negative reviews by
clearly communicating with your buyer, asking questions before completing the
work, and stressing the importance of a 5-star review at the time of delivery.
Try to deliver more than your gig advertised, if possible.
Avoid late deliveries by
setting a realistic completion time in each new gig you create. For instance, I
generally never set a gig completion time below four days. That way, I
could plan to clear out my queue of Fiverr gigs every Monday and Thursday.
Fiverr gigs just became a regular part of my schedule.
Avoid canceled orders by
clearly explaining your gig with a video introduction, in the text description,
and the title. And be accommodating with all buyers, even though they may not always be so
accommodating with you.
After
all, if you want to make more money on Fiverr, your reputation as a dependable
seller will go a long way.
Source: brentjonesonline.com
No comments:
Post a Comment