What Is Fiverr?
Fiverr is an online marketplace for freelance services with low-cost providers from all over the world.
The idea behind their brand is to streamline the process of hiring or getting hired as a freelancer. The online marketplace cuts out the middleman of hiring, firing and HR departments.
Smaller businesses can get things done on a more case by case basis and freelancers have the freedom of selling their services at any time to any company.
Fiverr lets clients pay in advance for Gigs, which constitute any digital service ranging from WordPress design, logo design, writing services, transcriptions, NFT artwork,
Twitch graphics, to even voiceover work. Although all services were priced at $5 when the site initially launched, freelancers can now set their price to whatever they choose and can offer package deals, or Gig Packages.
What Is Fiverr Business?
Fiverr Business is a tailor-made freelance platform for larger teams and businesses that provides a more convenient experience.
This plan comes with collaboration and management tools that let businesses work with freelancers more efficiently.
Fiverr Business freelancers will be prioritized on listing pages over non-eligible gigs. This increases the chances of freelancers working with higher-end businesses—with ongoing needs and larger budgets.
It’s essentially a solution for larger businesses to collaborate with multiple top-notch freelancers all in the same place.
What Does Fiverr Mean?
Fiverr’s meaning refers to a U.S. $5 bill. For example, someone may say, “The breakfast here will cost you a Fiverr.” This is where the marketplace got its name, but you may wonder why the website calls itself Fiverr.
The simple answer is that the platform originally marked itself as a place where you can hire a freelancer for as low as $5. Now bear in mind that there are very few services that you can get on Fiverr for $5.
The average transaction price for service on Fiverr is about $25. However, how much you may pay will depend on several factors. For instance, the skill level of the freelancer you hire will factor into how much you will pay. Additionally, the complexity of the service will play a role in the ultimate price for the service.
Overall, Fiverr’s meaning insinuates that the platform offers you freelance services at an affordable price. Whether you just need one job done or you would like someone on an ongoing basis, Fiverr may be the best marketplace for you.
How Does Fiverr Work?
Fiverr works by letting buyers pay in advance for “gigs” which are any type of freelance service, ranging from web design, to social media marketing, to copy writing. When Fiverr first launched, all gigs were originally priced at $5, but now freelance sellers can decide to charge more or offer packages of services.
Orders are typically completed within a day or two, but the delivery time is set by the seller and can take longer if the seller has a queue of orders. When your order is successfully completed, the seller will receive 80% of the total order value. For example, a $5 gig means the freelancer will receive $4 for a completed order.
There are two ways to view the site, as a freelancer or as a buyer. First, I’m going to explain the terms they use on their site and then I’ll break down how the process works for the buyer and the seller.
There are two ways to view the site, as a freelancer or as a buyer. First, I’m going to explain the terms they use on their site and then I’ll break down how the process works for the buyer and the seller.
Is Fiverr Legit?
Fiverr itself is legit and safe to use as a freelancer or a client. Your payments through the platform are protected and they keep your personal information safe.
While they do require some verification for freelancers, unfortunately, sometimes scammers can work their way into the system.
What is a Fiverr Gig?
- Gig: A service offered on Fiverr’s website. Gig example: “I will write you an excellent press release for $5”
- Seller: A registered user (freelancer) who offers Gigs
- Buyer: A registered user who purchases Gigs (When a Gig is purchased, it’s called an order)
- Post a Request: A buyers request for services (Gigs) if they have a specific need
Fiverr For Buyers (How Buying a Gig Works)
As a buyer, you can browse through the category pages,
or use the search tool to find a Gig you are looking to purchase. Once you hit search on something like a translator for example, you will find that a list of translators pop up.
Sorting through all the options can be tricky,
which is why it’s important to read through the descriptions of each service offered and take a look at their portfolio.
You can also message the seller with any questions and to see if your specific project would be something that they can do.