If you’ve read my blog for a while, you know I am a big fan of Fiverr. Mostly because I saw the massive potential in the concept even in its earliest days. I knew it was going to be huge and it has since exploded into a highly profitable venture for thousands of sellers.
But it’s no big secret that being a seller on Fiverr is…less than appealing, in a sense. I have heard so many people say that Fiverr isn’t worth your time at all unless you can find a gig that takes up zero time and can be automated as much as possible.
The Problem With Fiverr Gigs
One example of a gig that might meet that criteria is selling an eBook or some sort of pre-written content or other digital product that has already been created. Okay, sure. That’s fine. It takes almost no time and if you can get enough people to bite, then you could feasibly make a good chunk of change.
But using the eBook gig as an example, you run into a few problems.
First of all, if it’s an eBook you wrote yourself then you are probably way better off selling it somewhere other than Fiverr, since you are forced to sell it at only five bucks to start out. If it’s something you didn’t write, you have to have rights to sell it and if you actually do then chances are, so do tons of other people. Some of which may also be on Fiverr.
And keep in mind that Fiverr takes their $1.00 out of every gig you sell. Then Paypal takes their very small share too. This leaves the seller with a measly $3.92 per gig sold. Pretty lame, right?
Yes, I would say so. But I’m going to tell you what the real secret to making a shitload of money on Fiverr is. If you want a hint, it’s not automation or finding some shortcut.
How to Make Serious Money
The way to make serious money on Fiverr is to work your ass off until you get promoted to a Level 1. Then work even more until you’re at a level 2.
Why is this the secret sauce? Because once you are a level 1 or 2 seller, you can upsell your buyers on all your gigs.
There are some really lame examples of this and there are also some brilliant sellers who are really approaching this the right way and making bank.
So first of all, how do you get promoted to level 1? If I remember right, you just have to get positive feedback from like 10 buyers and you have to deliver your gigs on time as promised, consistently. It’s not asking much.
At one point, I got promoted to level 1 but then I got busy with other stuff and didn’t really have time to explore it. However, I recently went to the site to browse around a bit and saw two striking examples that I really wanted to share with you today because I think they will help inspire you.
Adding Extras to Your Gigs
The first one is a seller who offers an illustration gig in which she’ll draw a head shot of you as a caricature. See the screenshot below for more details.
Yes, she’s a top rated seller. That’s hard to achieve. But by no means impossible. Just keep at it and you can get there too. Now check out the description for her gig below.
Pay close attention to what she says here. Notice that she makes her $5 gig seem worthless in comparison to her upsells for this offer.
She makes it clear that the $5 headshot is for personal use only and she retains full copyright to use them for promotional purposes. She even includes her signature on the artwork, unless you pay extra to have it removed. This almost forces you to go for the upsells.
She also offers you the full copyrights if you pay an extra $100. This is very effective because it’s still much less than you will probably pay elsewhere for something similar.
Promoting Affiliate Programs
The second is a seller who offers to setup and design a very basic website for you with a small catch – you must sign up for web hosting through their affiliate link to “offset their time,” as the seller puts it in the gig description.
I’m not even sure if this is allowed on Fiverr, but considering that they have been promoted and are in the levels system then I imagine they either don’t know or don’t care. Either way, this is incredibly smart. They have tons of good feedback and this is a great way to start making affiliate commissions cheaply and easily. See the screenshot below of their gig.
The reason this works is simple. People that need a website will automatically have an equal need for hosting of that site. So this makes perfect sense for them and web hosting is priced low, which makes this the perfect type of affiliate offer to promote with a complementary service like web design.
Assuming you’re using some sort of theme or template based system for setting up the sites, this becomes a very quick and easy task for anyone who knows how to do this.
I think it’s pretty clear at this point that Fiverr can bring in some serious money if you stay with it for a while. That DOES mean slaving away in the beginning…but it appears to pay off once you are promoted and assuming you have just an ounce of creativity.