How to Generate a Full Time Income on Fiverr

With recent events pushing more and more people toward remote work, many have become interested in the world of freelancing. You may have heard that being a freelancer is not a viable way to generate a substantial income, however in today’s digital market, that’s not true.

Freelancing platforms like Fiverr offer individuals a quick and easy option to get started with freelancing work, while providing tips and assistance to the freelancer as needed. Using a freelance platform to do freelance work is much easier than trying to source your own clients from a limited pool of contacts.

Because Fiverr is arguably the best freelancer platform around, we’re going to take an in depth look at how you can generate a full-time income on Fiverr. Read on to learn all you need to know to start your own freelancing journey.

What is Fiverr?

Fiverr is a centralized freelancing platform that allows clients to easily browse and match with freelancers who provide the service they are seeking. By using Fiverr’s platform, a freelancer just starting out will have a huge pool of interested clients to help them get started. Without using such a platform, it would be extremely difficult to find clients and even harder to show them that your services are worth buying.

Even though Fiverr is just one of many freelancing platforms around, it’s arguably the best one to use right now. This is due to the project-based nature of the platform. Instead of clients looking to “hire” freelancers for long term projects, most of them will be looking for someone to do one job or project at a time. This allows freelancers to be able to juggle a large and varied range of projects at the same time without being constrained by a traditional freelancing contract. You’ll see a much higher potential for making a substantial income because of this.

How Does Fiverr Work?

When freelancers get a job on Fiverr, they’ll negotiate a time frame to have it done by with the buyer, while also dictating the price and what specifics will be included with the task. To score jobs on Fiverr, typically called orders, they will need to have at least one gig set up on their profile.

A gig is a task that a freelancer wants to sell to interested buyers. This can really be anything that is potentially marketable over the internet, but it must go through an approval process by the Fiverr admins. Some skills you could build gigs around include writing, graphic design, animation, consulting, videography, photography, or editing. What gigs you include on your profile is entirely up to you, so try to think of skills you have that clients might be interested in buying.

Once you have at least one gig set up, buyers can potentially find your gig and place an order through it. Some buyers may also place a buyer request on Fiverr which tells freelancers what they’re looking for. Freelancers can send offers to complete the task, and the buyer will choose who they want to work on their project for them from this pool of offers.

After an order is completed and delivered to the client, they can ask for revisions if they are not satisfied, which will give you extra time to fulfill their requirements. Once they accept the order, payment will be forwarded to your account, minus a 20% cut from Fiverr. This is essentially a fee Fiverr imposes on its freelancers in return for using their platform to get work. Depending on the level of the seller, payment will take one to two weeks to clear and become available for withdrawal.

How to Get Started Making Money on Fiverr

As we said earlier, the first step is to make a profile on Fiverr and get your first gig set up. This may take some time, as you’ll need to fill in proper tax forms for your country of origin, user information, define your skills as a freelancer, and create a gig. Gigs make take a few days to be approved or denied by Fiverr admins.

As soon as you have a verified account with at least one approved live gig, you’re ready to start making money! It can be difficult to land your first client as a brand-new freelancer on Fiverr, as most buyers will only want to place orders with established freelancers who have a proven track record of quality work. There are a couple ways to get around this as a new freelancer.

First, utilize what are called “Buyer Requests” on Fiverr. Every day, you’ll have 10 offers you can send to clients who have posted a request under Buyer Requests. Make sure you use all 10 of them every day. The more requests you put offers on, the higher chance you’ll have of landing your first order.

After having finished your first order and having received your first (hopefully) 5-star review, your profile will become much more attractive to potential clients. Buyers typically want to see good reviews and lots of past orders before they buy services from a Fiverr freelancer, so the more reviews you can get on your profile, the better.

If you’re having no luck with Buyer Requests or simply want another angle to promote your new freelancing business, you can try offering your services to personal contacts for free, or for a discounted price. This will help you get some experience and will also get you some much needed reviews for your gig. Once you have some good reviews, you’ll see many more buyers willing to work with you.

Start Making More Money

If you’ve gotten to the point where you’re making some extra cash from your freelancing but not enough to replace your full-time job, there are a few things you can do to generate a higher volume of orders and clients.

The first thing to consider is your pricing. When you first start out on Fiverr, you’re going to want to keep your prices relatively low, at least until you get some experience under your belt. High prices from a new seller on Fiverr may deter potential buyers. As your profile gets older and more established, you’ll be able to level up as a freelancer. Fiverr offers its freelancers “levels” which typically show buyers how experienced they are. The higher level a freelancer, the higher quality buyers can expect from them, and the more sales that freelancer will get. They’ll also be able to charge higher prices because their level will show their work is of high quality.

You can also try promoting your gig. Fiverr offers its freelancers deals on gig promotion by using various types of advertising. You’ll have to wait for your profile to reach a certain level of experience before they allow you to promote your gigs, but once reached, you’ll be able to place a bid on how much you want to pay per click. After bidding, you’ll set your daily spending limit on how many daily clicks you are willing to pay for. Once you’ve done this, your bid will be sent out and you’ll hopefully acquire ad space, getting your gig out in front of more potential clients.

Lastly, treat your clients respectfully and try to accommodate their wishes as best you can. If you do this, you’ll have a higher chance of seeing these clients placing repeat orders, which will in turn help you make more money.

Fiverr Pro

And finally, to make even more money on Fiverr, you can go Fiverr Pro. To become a Fiverr Pro seller, you’ll have to go through an extensive vetting process in which Fiverr admins will examine your profile, the quality of your work, and your freelancing experience to determine whether or not you qualify.

If you are accepted into Fiverr Pro, you’ll be able to elevate one or more of your gigs to Fiverr Pro status, which allows you to charge much more per order. For example, in the article writing niche, gigs found that are not Fiverr Pro typically sell article for anywhere from $10 to around $30. However, Fiverr Pro gigs typically start their pricing at around $100 and can sometimes get up to as much as $200 or $300.

As you can see, having a Fiverr Pro gig will increase your earning potential exponentially.

Final Thoughts

Fiverr can be a great platform to enable freelancers to make a living by selling their services online. With enough hard work and persistence, even new and inexperienced freelancers can start to get orders and clients by using Fiverr’s streamlined tools and promotions.

Hopefully with guide has shown you how you too can generate a full-time income on Fiverr. For all other questions about making money online, check out all our other articles and guides.

Leave a Reply

Your email address will not be published. Required fields are marked *