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How to Make $1,000 or More a Month on Fiverr.com
Fiverr.com is relatively useful for making a side income. It is a micro-job site, where sellers can offer anything they would like (within reason, of course) for $5. There are also opportunities to offer gig extras for more, with some offering extras for up to $100. So, there is the potential to make a large amount of money.
The question is whether it is possible to make a full-time wage from the site. The simple answer is yes. There are plenty of sellers doing it right now. So, how do you make $1,000 or more a month on Fiverr.com? Here are five tips to get you on your way.
Do you use Fiverr.com right now?
Choose a Profitable Niche
It’s important to find a niche that is profitable. This isn’t just about where people are currently making money, but where you can make $5 in a short amount of time, at a quality rate, doing something you enjoy. There are now almost four million gigs on the site, at the time of writing this. Finding a low saturated niche is going to be difficult, but not impossible.
Some tips to find a profitable niche include:
- Find out what people go to Fiverr.com to buy
- Look for a niche that you can streamline to spend the least time for your money
- Do something you enjoy doing, so the quality comes through easily
Consider the Time It Takes to Do a Task
I chose to offer my writing services at Fiverr.com. It’s at a heavily discounted price to my offers anywhere else, but I do manage to make $1,000 or more at the site. The important thing is to consider how long it takes you to do a task, and then set your terms to make sure you make the most for your money.
My offer is up to 400 words of original content, although for anything promotional it is 100 words. Considering I write at a rate of 98 words per minute on average, writing 400 words takes five minutes at the most. Yes, there is the research and the proofreading—but I do have a relatively good accuracy rate the first time round. Within 20 minutes I can finish most gigs because my gig is set up in a way that streamlines the process and the buyer does the initial part of choosing the topic, the keywords and even sends resource links. If I need to do a lot of the extra work, then it does cost extra due to the extra time it will take.
While you need to offer a base gig, that can be as much or as little as you want. If you want to make $1,000 or more a month on Fiverr.com, you need to keep your base offer as small as possible. The aim is to upsell, and make more money through your gig extras. That site is set up to allow you to do that, so don’t feel like you are cheating that system in anyway.
Learn How to Market Your Business Effectively
Marketing is an essential part. You can’t expect to be found on the site with almost four million gigs there. The system is set up so you can easily share on the likes of Twitter and Facebook, but there are so many other options. There is a Fiverr forum with a “My Gigs” category to promote your offerings, or you could start your own blog.
It’s worth creating a marketing plan to help you with this stage of making $1,000 or more on Fiverr.com. Think about all the places you can go online, and then learn the best ways to advertise your offerings. You will likely get some people coming through the Fiverr system (that’s how I get the majority of my business) but that is not guaranteed.
You will also want to learn how to keep hold of your buyers when they come to you. A lot of my business on the site now comes from returning customers. This month, I’ve only had four new customers come my way. All the rest are previous customers, whether I have a regular weekly agreement set up with them or just because they needed more content and trusted only me with that.
Find a Way to Automate Your Service
This is much harder with offers like article writing or video creation, but there are some services that you could automate. You could offer an eBook that has already been written, or maybe you want to offer a recipe bundle of your favorite desserts. These types of products do sell on the site, and they are really easy ways to make money on Fiverr.com.
The best part is that all the hard work has already been done. If you’re offering an eBook, it has already been written. If you’re sharing stock images, they’ve already been taken. You may not even need to do the hard work. You could have the resell rights to PLR articles or stock images. Make sure you do have the rights to resell anything before you go about that. You could land yourself in a lot of legal trouble if you don’t!
By automating the system, you can set your gigs to 24 hours and simply click on the item to send right away. There is very little risk of the buyer asking for his money back or leaving negative feedback. If the buyer does ask for his money back, you’ve not really lost out on anything, although that is annoying and it does mean the buyers got the product for free. But at least you didn’t put in the hard work for the buyer specifically.
With an automated product, it becomes much easier to make $1,000 or more a month on Fiverr.com. You will have no limits on the amount of orders you can take on a daily basis, unlike article writers, video creators and others.
Make Money Selling on Fiverr and More
Under-Promise and Over-Deliver
There are many on the Fiverr forums that suggest you should over-deliver. I’m going to state outright that I don’t believe you should. At least, not in the sense of offering more than you state in the gig description on a regular basis in the hope that you will get a tip. Instead, I suggest that you should under-promise and then over-deliver. It’s not really over-delivering because you already decided that you would offer that. You just didn’t want the buyers to know.
One easy way of doing that is by setting longer delivery times, with extras for guaranteeing a quicker delivery. That doesn’t mean you have to wait that long to deliver the work. You could deliver sooner, and the buyer will be super happy that you did. After that, the buyer comes back for more with the hope that you will deliver early again, but knowing that your delivery times are longer.
Another way is offering the best quality possible. You should do that anyway, but some people just view their gigs as $5. It doesn’t matter. This is your reputation and business on the line. Do you want to be viewed as a seller who delivers $5 quality for $5? Of course not! You want to be known as a seller who offers $100 quality for $5.That will get people talking about you, and that will gain you more sales.
It’s time to take advantage of Fiverr. It’s time to make $1,000 or more a month on Fiverr.com right now. You can do this. Yes, it will take some time, but it will all be worth it in the end. Start thinking about your offerings, and create some gigs to get yourself started. You will soon get buyers flocking in to try you out.