Fiverr is one of the popular mini freelance website that offers freelancers to put their working skills in the form of written blog post with decent related images and videos and the price tag of the services that you will offer to the Fiverr users will be $5. Freelancers can perform variety of tasks for just $5 and if your Fiverr Gig turns out to be viral, you will be making 100s and 1000s of sales indicating $500 to $5000 sales. But wait there’s a catch as well, Fiverr charges 20% fee that is $1 for every Gig worth $5 that has been completed and delivered successfully.
It indicates you will only be earning $4 per Gig. If you have had made sales 100 sales of your gig worth $500, you will have to pay $100 Fiverr’s 20% fee. You will be receiving 80% profit out of the sales you have made on Fiverr. That’s not the only thing, you will probably be able to make more serious money if your Fiverr Gig got ten and above sales. Since you will be able to add Gig Extras worth $10 or $20. That is charging extra money for your additional work performed.
Profit Calculator For Fiverr: Sales ($500) – Fee ($100) = Profit ($400)
SALES ($XXXX) – FEE (20% of SALES) = PROFIT ($XXXX)
You should know how to sell your services, the expertise you might possess are worth thousands of dollars. You just need an exposure in the mini freelance market that is Fiverr. Creating just one Gig will not help you to earn sustainable income with Fiverr, you will need to create variety of Gigs so that you can keep of achieving sales. Also make sure to deliver top quality of work to your clients, so that they can recommend your services to others. If you are a blogger, make sure to promote your Gigs in your articles / posts in the form of services that you can offer to your blog readers / clients. I am myself offering my clients and readers following services at Fiverr only for $5 each.
Please make sure to read:
1. Secrets To Professional Photo Editing & Making Money At Fiverr
2. How To Transfer Money From Fiverr To Payoneer Account?