This blog, i will be going in detail on an application, which is paying a good amount of money to people who are using it.  The website or application is called “Fiverr“, most of you guys must be aware of it.  Those who are not aware what this application does or how do you earn money from this application, this blog will be helpful for them.  There are close to 14.5 million people who are associated with fiverr.  Fiverr is actually a freelancer company with close to 830,000 freelancers (who sell services like logo design, video creation, website design and development).

In Asian countries like India and China, there are close to 1 million people who are earning around $100 through Fiverr.  This is one of the best freelancing company across the globe from the past couple of years, the reason is they are good paymasters, it is legal and they have a variety of job offers.

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What is Fiverr?

Fiverr is an Israeli online marketplace for freelance services. Founded in 2010 and based in Tel Aviv, Israel, the company provides a platform for freelancers to offer services to customers worldwide.

Fiverr was founded by Micha Kaufman and Shai Wininger, and was launched in February 2010. The founders came up with the concept of a marketplace that would provide a two sided platform for people to buy and sell a variety of digital services typically offered by freelance contractors.

Services offered on the site include writing, translation, graphic design, video editing and programming.  Fiverr’s services start at US$5, and can go up to thousands of dollars with Gig Extras. Each service offered is called a “Gig”.  The website was launched in early 2010 and by 2012 was hosting over 1.3 million Gigs.  

The website transaction volume has grown 600% since 2011. Additionally, Fiverr.com has been ranked among the top 100 most popular sites in the United States and top 200 in the world since the beginning of 2013.

On June 1, 2010, Fiverr received a seed investment of US$1 million from Guy Gamzu and other angel investors, and in May 2012, Fiverr secured US$15 million in funding from Accel Partners and Bessemer Venture Partners, bringing the company’s total funding to US$20 million.

How Fiverr Works?

Fiverr is the world’s largest marketplace for digital services. A service offered on Fiverr is called a Gig.

Sellers have the option to choose their starting price point. Sellers can even offer multiple price ranges by using Gig Packages. With Gig Packages, they can offer buyers different service packages at different prices.

 

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Signing Up
Signing up for Fiverr is free. Only registered users can buy and sell on Fiverr.

Almost anyone can find something to sell on Fiverr. Browse our categories and look at how other sellers offer their services, find where your skills can fit in, and then decide how you want to sell.

The best sellers don’t leave room for misunderstandings. For example:

• Make sure your seller profile is complete.
• Make sure your Gigs are well written and accurately describe the services you provide.
• Make sure your work samples accurately show your skills.

If your buyers’ expectations are met or exceeded, you’ll get a good rating and more business.
Buyers who purchase your Gig pay Fiverr in advance. When your order is successfully delivered and completed, you will receive 80% of the total order value. For example, if you price your service at $10, you will receive $8 for a completed order.
How to Start Selling on Fiverr?

Fiverr is the world’s largest marketplace for digital services. So, if you have a talent, you can share that talent with our buyer community and make money while you are at it. Whether you are a graphic designer, programmer, content writer, translator, or voice over artist, Fiverr has a place for you.

Below is a series of videos explaining what you need to do to start selling on Fiverr.

Creating Your Seller Profile

First, you will need to create your seller profile. Your profile is how you present yourself to the community. You are encouraged to present yourself in a professional manner.

Creating Your Gig

Your Gig is the service that you sell on Fiverr. Creating your Gig is an opportunity to show off your talent and provide buyers with all the information they need to help them decide to do business with you.

Video Requirements Overview

Adding a video to introduce your service is one of the best ways to attract buyers. It adds a personal touch to the service you are offering.

Offering Packages

Packages is a way for you to offer three different compelling bundles to sell on your Gig Page. It’s a great new way to give your buyers even more choice, and to push your average order value higher! The sky’s the limit.

Upselling – Monetizing Your Gig

You can maximize your revenue by upselling your Gig with extras before, during, and after the order.

Sending Custom Offers/Buyer Requests

Sending Offers allows you to be proactive and offer your services to potential buyers in a customized manner.

How you get paid by Fiverr

Withdrawing funds

When you have a balance in your seller account, you can withdraw your funds to either your PayPal account, credit your Fiverr Revenue Card, or transfer money to your bank account (“Direct Deposit” in the U.S.).

For your convenience, you can withdraw your revenue in the following currencies: USD ($), Euro (€), British Pound (£), Australian Dollar (A$), Canadian Dollar (C$), and Israeli Shekel (₪).

Note: Currency conversion fees apply. Please note additional charges may be applied by your bank or payment provider.

Notes: 

• You can withdraw money 14 days after the order is marked as completed. The waiting period for Top Rated Sellers is seven days.
• You can only withdraw once per 24 hours.
• There is a $5,000 maximum per transaction.

To withdraw funds from your account:

• Once logged in, from the Selling menu, click Earnings.
  If you have money available in the Available for Withdrawal area, then you have certain options to withdraw funds.

Thorugh PayPal

If you set up your account with PayPal, then in the WITHDRAW area, click PayPal Account.
A notification appears indicating the withdrawal process has started and you will receive an email. You will need to click the link in the email to continue this process.
Notes: 

• The email is sent to the email associated with your PayPal account. If you do not have a PayPal account associated with your Fiverr account, you will need to set one up.
• The minimum withdrawal amount is $1.
• Fiverr doesn’t charge a fee when withdrawing to PayPal.

Bank Transfer

• Click Bank Transfer.
  A notification appears indicating the registration process has started and you will receive an email. You need to click the link in the email to continue this process.

Notes: 

• The email link takes you to a landing page. Click Get Started and continue with the registration process through Payoneer’s website.
• There is a $3 charge per withdrawal. Additional fees may apply based on your location and currency.
• The minimum withdrawal amount is $20.

Direct Deposit (Only for US)

• Click Direct Deposit.
  A notification appears indicating the registration process has started and you will receive an email. You need to click the link in the email to continue this process.

Notes: 

• The email link takes you to a landing page. Click Get Started and continue with the registration process through Payoneer’s website.
• There is a $1 charge per withdrawal.
• The minimum withdrawal amount is $10.
• You cannot have the Fiverr Revenue Card and Direct Deposit simultaneously.