How business owners can make money with Fiverr: A product review

Make money on FiverrI know many of you already use Fiverr to buy various goodies for your business, from video voice-over work to graphic design and writing tasks (I am gasping as I type!). But what about selling on Fiverr? Have you thought about introducing the world to your business by setting up a seller’s account? I have, and I’m glad that I did.

By the way, I won’t get into “What is Fiverr” because as savvy entrepreneurs who are looking to save money whenever possible, you should already know what I’m talking about. It should come as no surprise that Co-Founder and CEO of Fiverr is also a fresh entrepreneur in his own right. Micha Kaufman launched fiverr.com in 2010, and the venture marks his fifth one to date. “Our mission is to build the next eBay for services,” he stated on Forbes.com.

How I make money on Fiverr.
An awesome tip from a copy-editing friend of mine has led me to Fiverr. I thought about little gigs  that I can do in no time at all (they are listed in the image below):

how to make money on fiverr

Here is where the magic happens: the client will want more work if you meet their needs. Usually their needs are worth $5.00, which means I always meet or exceed them. I won’t get into exactly how I score more money, but you’re smart, so I’m confident you’ll figure it out.

Seriously, you can earn money on Fiverr, too.
What have you purchased on Fiverr? What have you needed done in a jiffy? What are you willing to do for $5.00 or as a way to promote your business? Make a list, create a buyer’s account and see what happens. Don’t worry if folks don’t bite right away. It took me almost two weeks to get my first client. Once you complete your first job, the floodgates will open.

Cons.
Learning the ropes (what to say/not say) is time consuming, so plan on spending your first few moments reviewing your would-be competition. It wouldn’t hurt to take a peek at non-competitors if their ads land on the first page. Clearly, they are doing something right over there. The financial hiccups: the $1.00 fee, Fiverr’s holds your money forever, and they give buyers a very generous option to cancel their order for full refund (after you’ve completed the order!). If you focus on smaller “do-it-in-your-sleep” jobs, and don’t spend hours on the job (remember, it’s only $5.00), you won’t get frustrated.

Final thoughts.
Use Fiverr as a promotional tool. Not only is it sort-of-free (no upfront costs, but there is that pesky $1.00 fee), but you’ll get paid for it. I am tempted to offer the services outside of Fiverr, but until you gain a substantial number of customers on the site, don’t leave the site if you want to see results from it. Customers (like us all) post reviews and the more comments, the better. Non-Fiverr users can’t post reviews.
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I am a freelance writer, copywriter and consultant who provides to small business owners: articles, press releases, website/blog content, newsletter copy, and more. More importantly, I am also watching my 14-year-old diva, Tyra, grow before my eyes. Click here and check out my e-book, “What to blog about…” for free.

(c) 2012 TyLand Unlimited. You may republish any items (minus the images) from this blog in your own blog, or print or electronic newsletter. But please include the following paragraph:

“Republished from the TyLand Writings official blog found at http://tyjuana-wilson.com/blog.
Don’t forget to pick up your free copy of the ebook “What to Blog About…” by clicking here.”

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