What is FIVERR ?
Fiverr is an online marketplace for freelance service. The company provides a platform for freelancers to offer services to customers worldwide
Fiverr serves as e-commerce platform to freelancers & companies to sell their services by using their gigs. Gig is basically an advertisement of services. Gig include all the details of a services same like ecommerce products The pricing of Gigs depends on how much a seller earns per completed task. The buyers buy services in the form of gigs
How it works ?
Once a user publishes his or her Gigs, they become visible to the search. When a potential client ends up on the freelancer’s Gig, he can decide to contact him for more information or to purchase the service directly.
Having done this the time starts, the freelancer has a set time (entered by him at the creation of the Gig) to complete the commission and deliver the work. After the delivery of the work the client can request further revisions (if included in the Gig) or accept the delivery.
The most important thing about FIVERR :
Fiverr has taken the internet by storm. There is really no other way to say it. This little freelancing platform that could has totally transformed people’s expectations of getting and providing freelance services through an online exchange format. It seems that Fiverr has solved the two most common problems freelance platforms have historically struggled with. Fiverr not only offers a ton of services from a wide range of eager providers from all over the world, but it also is able to pull in lots of buyers. When you put these two factors together, it is no surprise that Fiverr has become the « go to » freelance service destination on the internet. Also, given its low cost profile compared to other freeform or custom order freelance resources, Fiverr stands to continue to attract a lot of buyer attention. Let’s get one thing clear, you can have a platform filled to the brim with sellers. Unfortunately, your platform is probably not going to succeed unless you also get a lot of buyers. Buyers make the platform successful. Fiverr has managed to do this
Fiverr’s Secret
The secret to Fiverr’s success is to enable people to post whatever services they may have, ranging from graphics design, to writing, to virtual assistant services, to video spokesperson services and others, for a flat fee. Originally, this was set at $5. This explains the name Fiverr. But as customer needs have changed and the market evolved, Fiverr now allows service providers to charge the price they’re most comfortable with.
Compared to traditional freelancing, Fiverr removes a lot of doubt and guesswork from the freelance process. When you go to places like Freelancer or Upwork, you basically see a listing of somebody who needs work done. As a potential freelance contractor, you send in your bid. It’s anybody’s guess whether your bid will get accepted or not. Fiverr flips that model on its head. Instead of customers posting their requirements as well as their budget range, service providers provide a description of the service that they would do as well as samples of their work. Most importantly, providers are required to put a fixed price on their service. Whether they are charging $5 or $500, it doesn’t really matter. They have to provide a fixed price. This has taken much of the uncertainty and guesswork out of the process. It is no surprise that Fiverr continues to grow.