How to Make Money on Fiverr in 2024

Many people make money on Fiverr, but most treat it as a side hustle job, offering simple gigs to earn extra income. However, a small group of individuals work full-time on Fiverr and make hundreds of thousands of dollars each year.

Recently, I saw a video on TikTok where the creator mentioned he made over $300,000 on Fiverr this year, which changed my perception of the platform. Fiverr is not only suitable for students and stay-at-home moms looking to make extra money; it’s also ideal for those with specific skills who want to work full-time.

Many people often ask me what Fiverr is, how to make money on it, and how to make a lot of money on the platform. Today, I will explain the best tips for make money on Fiverr.

What is Fiverr?

Fiverr was established in 2010 and is headquartered in Tel Aviv, Israel. As of 2023, Fiverr has over 800 employees worldwide and offices in countries like the United States, the United Kingdom, and Germany. The platform has more than 4.2 million registered users from over 160 countries, with hundreds of thousands of sellers. Fiverr is one of the most well-known freelance service markets globally.

Fiverr is a marketplace for freelancers that covers over 550 industry categories. You can find virtually any service you want on Fiverr, and you can also sell your own services.

People visit Fiverr for two main reasons: to purchase services or to sell their services.

How Does Fiverr Work?

Fiverr is a platform with two types of users: buyers and sellers.

Sellers can publish gigs, which refer to the service or product they offer. When setting up a gig, you will have many options to customize, such as additional features and delivery times, allowing buyers to better understand your service.

Once sellers publish their gigs, buyers can search for these services. If a buyer is interested in your gig, they may contact you. If your gig meets their needs, you will receive an order and start providing the service.

When you receive an order, the buyer will provide all the necessary information for you to start working. The countdown will begin based on your set delivery time. If you promise a one-day delivery, the timer starts counting down from 24 hours, and you must complete and deliver the order on time.

This may sound a bit daunting, but as someone who often procrastinates, I find the countdown actually helps me prioritize and complete tasks more effectively.

On Fiverr, if sellers fail to complete an order on time, it will be marked as “overdue.” This can lead to buyers canceling the order, which negatively impacts the seller’s rating. If the delay is too long, Fiverr may automatically cancel the order and refund the buyer.

Fiverr takes a 20% commission on each sale. So, if you charge a buyer $100, you will receive $80, with $20 going to Fiverr as a service fee. After you earn money, Fiverr typically pays you within two weeks through PayPal, Payoneer, or bank transfer.

Seller Levels on Fiverr

Sellers on Fiverr are categorized into four levels, each with different requirements and benefits:

New Seller:

All newly registered users start as new sellers. There are no specific requirements to publish gigs.

New sellers receive basic buyer traffic but do not enjoy some of the perks available to higher-level sellers, such as dedicated customer support and better gig exposure.

Level One Seller:

Requirements: Active for at least 60 days, complete 10 orders, maintain a rating of 4.7 or higher, and keep order completion, response, and on-time delivery rates above 90%.

Once you reach Level One, you gain more customer support and your gigs receive increased visibility to attract more orders.

Level Two Seller:

Requirements: Active for at least 120 days, complete at least 50 orders, maintain a rating of 4.7 or higher, and keep order completion, response, and on-time delivery rates above 90%.

At this level, you gain further service publishing privileges and enhanced exposure opportunities, along with the ability to set advanced add-ons and higher prices for your services.

Top Rated Seller:

Requirements: Active for at least 180 days, complete at least 100 orders, achieve total earnings of over $20,000, maintain a rating of 4.7 or higher, and keep order completion, response, and on-time delivery rates above 90%.

Top Rated Sellers receive a dedicated account manager from Fiverr, priority promotion opportunities, and access to more VIP buyer orders, along with the ability to set higher sales prices.

How to Make Money on Fiverr

Making money on Fiverr is quite simple. Just follow these three steps to start earning:

Step 1: Choose the Service You Want to Offer

Fiverr has over 550 categories, so you can find almost any service you want to sell. However, prices can vary greatly based on the type of service. You should start by looking for services related to your expertise, interests, or hobbies. If you’re struggling to find something to offer, you can check out resources like “21 Easy Gigs to Make Money on Fiverr Without Skills.” Whether you’re a student or a stay-at-home mom, there are many services you can sell on Fiverr to make money.

Step 2: Register for a Fiverr Account and Publish Gigs

Step 3: Complete Buyer Requests and Tasks Within the Deadline to Earn Money

How Much Can You Earn on Fiverr?

Honestly, how much you can earn on Fiverr depends on several factors:

The Category of Service You Choose:

Different service categories have vastly different income potentials. Services requiring technical skills usually pay much more than simpler tasks. If you want to maximize your earnings, it’s important to choose a more technical field.

The Number of Orders You Can Handle:

If you spend 8 hours a day on Fiverr versus just 1 hour, the volume of orders you can process will be vastly different. Naturally, the more orders you complete, the higher your income. However, don’t just focus on quantity; providing quality service is crucial, as buyer ratings directly affect your account level.

Your Seller Account Level:

Your seller account level directly influences how much you can earn on Fiverr. Higher-level accounts enjoy more traffic and can set higher prices for their services, resulting in significantly greater earnings.

In summary, with a bit of effort, it’s relatively easy to earn between $1,000 to $4,000 monthly on Fiverr. For example, during my first month offering blog writing services, I earned $1,000. After my account level increased the following month, I raised my gig prices and quickly boosted my income to $4,000.

How to Start as a Seller on Fiverr

Anyone can easily become a seller on Fiverr by following a few simple steps:

Step 1: Register for a Fiverr Account and Complete Your Profile

Upload a personal photo and add information about yourself and your experience to attract users to your services.

Step 2: Publish Your Gigs on Fiverr

Once you register as a new seller on Fiverr, you can create up to 7 active gigs, 2 additional service options, and send custom offers up to $5,000. Payments are settled within 14 days.

It’s advisable to create multiple gigs, even if they offer similar services, by varying the titles and images. This increases the chances of your gigs being seen. You can then adjust your strategy based on which gigs perform well.

For instance, if you want to write blog articles for others, you might create the following gigs:

• “I will write a blog post for you.”
• “I will craft a blog article.”
• “I will write a 500-word blog in 24 hours.”
• “I will provide a high-quality blog post.”

When creating your gig, be sure to fill out the title, tags, category, and description. The title and images are particularly important for attracting buyers.

What Services Make More Money on Fiverr?

Typically, the most lucrative categories on Fiverr require some level of industry experience or professional skills. If you want to make more money, consider investing time in learning specific skills. Here are some high-earning service categories on Fiverr:

Digital Marketing:

Typical Service Price: $50 – $500.

Skills Required: SEO optimization, social media strategy, data analysis, etc.

Graphic Design:

Typical Service Price: $30 – $1,000, depending on the complexity of the design.

Skills Required: Proficiency in design software like Photoshop and Illustrator, as well as creative thinking.

Video and Animation Production:

Typical Service Price: $100 – $1,500; higher difficulty leads to higher fees.

Skills Required: Knowledge of video editing software (e.g., Adobe Premiere Pro, Final Cut Pro) and animation techniques.

Writing and Translation:

Typical Service Price: $20 – $500 per article or translation project, depending on length and complexity.

Skills Required: Strong writing and language skills, along with industry knowledge.

Programming and Technical Services:

Typical Service Price: $100 – $2,000, depending on the project size and complexity.

Skills Required: Proficiency in programming languages (e.g., Python, Java, JavaScript) and web development skills.

How to Price Gigs on Fiverr

As a beginner on Fiverr, if you’re unsure how to price your gig, consider the following factors:

Competitor Pricing
You can’t set your gig price arbitrarily. If it’s too high, no one will buy it; if it’s too low, you may lose money. Research your competitors’ gigs and use their average pricing as a starting point.

Service Complexity
Price your gigs based on the difficulty and time required. If the service demands high technical skills or is time-consuming, set a higher price to reflect the effort involved.

Experience and Skills
If you have strong skills or experience in a particular field, you can charge a higher price. Conversely, if you’re a new seller on Fiverr, you might need to start with a lower price to attract buyers, then increase it as your account gains traction.

Add-On Services
Consider offering tiered packages or additional services (like expedited delivery or extra revisions) to boost overall revenue.

Customer Feedback
Adjust your pricing based on customer reviews and order volume. High ratings and a good reputation can justify higher prices.

Tips for Getting More Orders on Fiverr

Initially, you may want to work at lower prices. Most customers prefer cheaper services. For example, when I first started offering blog writing services, I priced a 500-word article at $10. Although longer articles had higher prices, most buyers chose the $10 option.

After completing about 12 $10 orders and receiving five-star reviews, I raised my price to $15, then to $20-$25 within 30 days. As my positive reviews increased, I planned to continue raising my gig prices.

If you want to gain attention on Fiverr, start by accepting lower prices to get orders and positive feedback. Although your short-term earnings may be lower, you’ll be able to raise your gig prices as your account level increases.

Provide Quality Service

Even if I only charged $10 (actually $8 after Fiverr’s 20% fee), I ensured the content was satisfactory for the client. My first seven clients returned for repeat orders because they were pleased with my service.

Quick Delivery

Clients expect fast delivery. Timely completion is key to customer satisfaction. When creating your service, aim for a delivery time of three days or less, with one-day delivery being ideal. Many clients filter by delivery time, and the quickest options often attract more buyers.

Comparing Fiverr and Upwork

Fiverr and Upwork are two popular freelance platforms that are often mentioned together. Here’s a comparison based on nine aspects:

Business Model
Fiverr focuses on gig service packages with fixed prices, while Upwork allows hourly or project-based billing, where clients post jobs and freelancers bid.

Pricing Flexibility
Fiverr’s pricing is relatively fixed and set by freelancers, whereas Upwork offers flexible pricing based on job complexity and market demand.

Income Potential
Beginner sellers on Fiverr may earn less initially and need to wait for account upgrades to increase their income. Upwork offers higher income potential, especially for long-term projects and specialized skills.

Client Base
Fiverr’s buyers are mostly small businesses and individuals with limited budgets, while Upwork attracts larger clients, including enterprises with bigger projects and budgets.

Platform Fees
Fiverr typically takes a 20% commission from sales, while Upwork’s fees vary between 5%-20% based on cumulative earnings.

Time Investment
Fiverr sellers spend time creating and optimizing their service pages, while Upwork freelancers need to write proposals and compete for jobs, which can be more time-consuming.

Skill Requirements
Fiverr accommodates a wide range of skills, even for those with no specific expertise. Upwork generally requires more professional skills and experience, especially in technical and design fields.

Ease of Use
Fiverr is straightforward and beginner-friendly, whereas Upwork can be more complex, catering to professional freelancers.

Market Competition
Fiverr has intense competition with frequent price wars, while Upwork, despite its competitive nature, often rewards high-quality skills with higher-paying projects.

Summary

Fiverr is more suitable for novice freelancers or those looking to earn extra income online, such as college students, stay-at-home parents, and office workers. Upwork is better for experienced freelancers with specialized skills aiming for higher-paying projects.

Conclusion on Earning on Fiverr

The greatest advantage of making money on Fiverr is that you can do so without any specific technical skills or experience. You can offer services like editing, proofreading, and transcription. If you’re looking for a simple, quick way to earn extra income online, Fiverr is definitely the right choice.