Make Money on Fiverr: Best Video Guide for Beginners (2021)

If you want to make money on Fiverr, I mean go from zero to a few thousand dollars in earnings per month, here’s a NO B.S Fiverr guide for you.

What is Fiverr?

Fiverr is an online marketplace for freelance services. In other words, Fiverr is an online platform that lets you sell your knowledge, skill, or time for money. The word “Fiverr” is derived from five, as in $5. The company is headquartered in Israel, with sellers and buyers from all around the world.

make money on fiverr

How does Fiverr work?

Imagine Fiverr as a market. Your shop is your account. Keep in mind that this shop is rented, so you pay 20% in commission for every sale you make on the platform. As a shop owner, you have to sell something. This can be anything. Let assume you know how to design websites and you’d love to monetize the skill. This skill on Fiverr is a product you can sell.

Emphasis on the word “product”.

Yeah, Fiverr is all about productized services. You’re going to be selling your skill as a product, and not exactly by the amount of effort, time, and experience. So, for many professionals out there, Fiverr isn’t the best place to make money that can put you on Forbes list.

This brings me to…

Some of the misconceptions about Fiverr

how to make money on fiverr

1. Fiverr is all about $5 services

Take this from me, most Fiverr sellers don’t sell $5 services. I’ve been selling on Fiverr since 2016 and I have never, for once worked for $5. Fiverr looks cheap on the outside but most sellers charge way higher than that.

However, keep in mind that there’s a limit to what you can charge. Fiverr has a limit to what you can charge based on your level. Also, you want to charge based on the market prices or you’ll end up frustrated that nobody is buying from you.

2. Fiverr is saturated

Yes, and that’s an inevitable fact. There’s no “working” platform that won’t get saturated. This is why you need to be more proactive in your actions and position yourself as a professional, so you can win the competition. Fiverr is NEVER too saturated for a new seller if you know what you’re doing. That’s why you should follow this guide till the end.

3. Fiverr is full of scams

I don’t ever recall getting scammed on Fiverr, except maybe for some bad clients that will make you feel ripped off. These are very rare cases though. If it’s about getting paid, Fiverr is safe, I can assure you that. But I can’t speak for “ghost” accounts with malicious intents or buyers looking for ridiculously cheap services.

Back to how Fiverr works…

How do you?

  • Build your shop (Fiverr account) to attract customers (clients)
  • Make them buy
  • Make them come back
  • Stand out among thousands of competitors

We will examine these in the coming paragraphs.

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Choose a service or niche

Fiverr has a ginormous list of services you can sell. There’s definitely something for everyone. But let’s address a critical question – something you might not want to ask in public.

Do I need to learn a skill to make money on Fiverr?

Uhm…

Yes, if you want to make consistent money that might change your life.

No, if you need to make quick money and move on with your life. No strings attached.

As you might have already assumed, I highly recommend that you learn a skill before selling a service on Fiverr. It helps keep the platform healthy and gives you a reliable source of income.

Download50 hot selling gigs on Fiverr

Also, check out some of the…

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Best niches to make money on Fiverr in 2021

  • UI Design (Web and Mobile)
  • Sales copywriting
  • Shopify development
  • WordPress development
  • Blockchain, DeFi, NFTs
  • UX Writing
  • Video Editing
  • Podcast Editing
  • Cold email writing
  • ebook writing and editing

How to create a professional Fiverr profile

Now that you’ve chosen a service to sell on Fiverr, let’s set up your profile. Check out the video below on how you can set up a compelling profile to help you make money on Fiverr.

💥The Complete Fiverr Course💥

Learn the A-Z of Fiverr (20+ Videos & PDFs) – From Creating a Sales Machine Account to Communication, Negotiation, Scaling, and Outsourcing.

→ Learn More

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How to create a gig on Fiverr

Your profile is all set! Now’s time to launch a new gig on Fiverr. Follow the process below and check the video for details.

  1. Create your URL title including your main keywords
  2. Include your SEO title
  3. Add your researched tags
  4. Modify your gig title to a better compelling title
  5. Set up your pricing packages based on the strategies taught in the complete program.
  6. Create a compelling gig description using any of these two formulas (AIDA & PAS)
  7. Add your gig images. Ensure to name your image titles with your keywords. E.g logodesign.jpg, salescopy.png
  8. Add your gig requirements

How to rank your Fiverr gig fast

Heard of “help yourself, if you want others to help you”? That’s what Fiverr is today. As more and more freelancers are using the platform, it’s getting harder to rank high on the front page. Every shop owner (freelancer) is expected to find their own business before you can steal a spot on the front page. To rank fast and high on Fiverr, you need to put some effort into social sharing. Check out the video below to learn how.

 

Also read: How to Rank Fiverr Gig for Better Results in 2021

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How to expand your services on Fiverr

To make money on Fiverr, you need to be growth-oriented. You don’t want to be the same newbie freelancer who’s offering just one service with no form of leverage. You can either expand your business by offering complementary services or doubling down on subcategories of the same niche. Check out the video below to learn how.

💥The Complete Fiverr Course💥

Learn the A-Z of Fiverr (20+ Videos & PDFs) – From Creating a Sales Machine Account to Communication, Negotiation, Scaling, and Outsourcing.

→ Learn More

How to withdraw from Fiverr

There are 2 sure ways to withdraw from Fiverr.

  • Via Paypal
  • Via Payoneer

How to Withdraw on Fiverr Via Paypal

To withdraw on Fiverr using PayPal, you have to add an email that you would want to use to receive your money. This can be a new email or the one you used to create your Fiverr account.

WARNING: Don’t use an email you already attached to or used for another Fiverr account.

To add an email on Fiverr for the first time, go to your “earnings” tab. On the page, click on the “Paypal Account” button and follow the instructions. When you’ve added your PayPal email, you can then withdraw your fund. This fund will be sent to your email. If your country supports PayPal withdrawal, then you can simply withdraw to your PayPal and withdraw to the bank.

How to Withdraw on Fiverr Via Payoneer

This is still the best way to withdraw on Fiverr because you have total control over your funds and the exchange rate is better. To withdraw on Fiverr with Payoneer, first visit Payoneer.com to open an account.

The next step is to link the newly created Payoneer account to your Fiverr account. Go to your “earnings” tab. On the page, click on the “Fiverr Revenue Card” button and follow the instructions. When your Payoneer is attached, you can then withdraw your funds. After a few minutes, your funds will reflect on Payoneer with $3 removed as a transaction fee.

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Ways to withdraw on the Payoneer platform

Using your Card: On Payoneer, you are allowed to have a debit card, although it’s not important to withdraw from your Fiverr account. But with a card, you can make payment anywhere in the world and also withdraw to a bank using platforms like “Transferwise” and “Sendvalu”.

Using a Fund Buyer: You can also choose to send your funds to a Fund buyer using the “Make a Payment” button. The fund buyer will provide a Payoneer email to receive your funds. When the payment reflects on your fund buyer’s end, then you will be credited in your local currency.

Withdraw to Bank: This is the safest and reliable way to withdraw on Payoneer. You can choose to send your funds directly to the bank, using your bank’s exchange rate. You can also withdraw to a domiciliary bank account to preserve your funds in the same currency.

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Make Money on Fiverr: FAQ

Even today, a lot of existing sellers have a lot of questions on how to make money on Fiverr. The platform and its algorithm are ever-changing, so one needs to be up-to-date with tips and trends to continue winning.

Can I really Make Money on Fiverr?

There’s a saying “What you think works, works”. If you think the platform isn’t going to work in your favor, then you’re going to be having a tough time selling your gigs.

Which Country Is Best?

The obvious answer is the country you’re residing in. Using fake IP on Fiverr is stale and you should abstain from trying to conceal your identity. To build a solid business on Fiverr, you have to earn your reputation on honesty and transparency. I can’t begin to overemphasize the importance of building an account you can call your own with tons of reviews. So, if you’re considering hiding under an IP, I highly suggest you don’t. It doesn’t matter where you’re from, if you position yourself properly, you will sell.

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Which is Better Fiverr or Upwork?

I’ve worked on both platforms and I think they serve different markets of buyers. Fiverr is a good place to start if you’re looking to break into freelancing. Its barrier of entry is low and you can start making sales immediately.

On the other hand, Upwork needs you to bid for work. So, you need to have a competitive spirit and build a reputation for half your worth when starting out. Although, Upwork allows you to build long-term relationships with clients which I think is vital for every freelancer.

Most newbies don’t see Fiverr in that light and I’m glad to be able to help you see how you can build a sustainable income on Fiverr.

💥The Complete Fiverr Course💥

Learn the A-Z of Fiverr (20+ Videos & PDFs) – From Creating a Sales Machine Account to Communication, Negotiation, Scaling, and Outsourcing.

→ Learn More

How to create a Fiverr Gig Image?

Upon searching for a service on Fiverr, your gig image is what the buyer sees first. If it’s attractive enough, it can inspire the buyer to learn more about your services. DON’T EVER use any random image on Google as your Fiverr Gig Image.

To create a gig image, go to Canva.com.

There’re tons of templates you can customize with your text, images, and colors. Ensure to use attractive colors that will make your gig stand out from others. In the complete Fiverr Program, I share in-depth how to create compelling gig images using Canva.

How to get make money on Fiverr: Conclusion

To make money on Fiverr, you need to get everything right. There are multiple actions to attract buyers to your gig. Some of these include properly optimizing your gig title and descriptions for relevant keywords, using a super attractive gig image, staying online 24/7, and sharing your gigs everywhere.

The simple truth about staying afloat on Fiverr is that you have to trust the best keywords and run with them. Then focus more on optimizing your gig image for clicks and sharing your gig for impressions.

Also, your conversion rate matters a lot, and that’s why you have to use the best pricing packages and improve your communication skills. Imagine you’re the algorithm and you sent some prospects to my shop and I failed to convert them. You’d probably see me as incompetent and give other shops a chance for visibility. This rule applies to poor response rates, late deliveries, and cancellations.

You have to be on top of your game to keep selling on Fiverr. I believe if it’s about making money, why shouldn’t you give your best. Why?

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About the Author

Hi, my name is Thanni. I'm an infinite traveler who's always on the journey of self-discovery. This blog is created to help under 30s simplify money-making ideas. If you're looking to elevate your mindset, make money from home, and embrace positive growth, then you're in the right place. Subscribe to the eCoffee letters for exclusive tips. :)

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About Me

About Me

Hey, I'm Thanni. I created this blog to simplify money-making ideas for beginners. If you are passionate about monetizing your skill, knowledge or time, then we should be friends. I've been told to smile more often😤. Subscribe to the eCoffee letters below for exclusive tips. :)

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