The premise behind Fiverr is simple, pay or be paid $5 to do a task. The odd comes in because that $5 can be for anything as long as it is not illegal, adult or hate filled. Sign up is simple and can be done using your Facebook log-in.
The tasks you want to do are called gigs. You set up a gig by entering in what you will do in the title, a description, buyer instructions, tags (keywords), and a picture of either the product or something similar to it. You must also tell the buyer in the ad how long it will take you to complete the assignment once they buy. If you don’t complete it on time, it will hurt your standings and in that case you will need to buy Fiverr reviews.
Fiverr likes you to add a video introducing yourself and telling about the gig. I am not sure if that adds to sales or not, but I did noticed they tended to be the featured ones.
Once your gig is live, you can promote it on social networks, otherwise you just wait for one to be sold. Within hours of posting mine, I had a sale. It was a quick tweet to my followers which took me literally seconds to do.
Once you have completed your task you have to submit proof or file in the “deliver” to customer area. I did this by copying and pasting the status which is simple to find on twitter. They saw it was live, and the buyer submitted that the task was completed.
Here is the one problem I have with Fiverr. After you have finished your work and it has been approved by the customer, you have to wait 14 days for payment. Also, you only make $4 since Fiverr keeps $1. That is not bad, but twenty percent does seem a little excessive. When the time is up you get to withdraw your money, but if it is less than $50 it will cost you another two percent.
Some people are giving away the farm for $5 in my view. They are offering to do customized videos, write code, do WordPress installs and customization. That is a lot of work for $5, but on the other hand if someone is new to those areas it does give them an opportunity to build their portfolio.
To me, Fivver is great if you want to make some extra money doing something that takes almost no time to do. In fact, if it takes less than 5 minutes then that is not bad. Anything more than that and you will not be making a lot of money.
So can you be successful at this? It depends on what you are offering. View what the most popular items are to see what people are willing to spend their money on. Regardless of what you choose to offer make sure it makes financial sense to do. A project which takes hours to do is not smart for $5.