Fiverr — for simple gigs and more

Newly I’ve found myself registering on Fiverr where you can find people who get things done — or you can be one doing things.

I think the idea behind the term “gig” comes from a basic musical gig you do on an evening: it is short term and needs less preparation if you have a good expertise. But now it can be applied to programming tasks too.

The basics

You can sell everything at Fiverr: music, graphics, voice overs, programming… Well, everything.

You start off with a simple, plain gig worth of $5. You can upgrade the amount with providing some extras like fast delivery or any add-ons.

As a newbie seller you can have 2 extras and the fast delivery option — each for additional $20, so you can make a full-blown gig worth $65. This is not much — and as you might think buyers like to choose the basic gig if it fits their requirements. This means you should make your basic gig really basic: simple task with a longer delivery time.

For example I have a tutoring session. The basic session covers 15 minutes of tutoring with 2 days delivery (in this case delivery means preparation of the slides / code examples). So if you want 1 hour of tutoring you should buy this gig 4 times.

More extras

As you go on, sell your gigs you can level up. Levelling up gives you more extras you can add to your gig — and you can charge more for your extras.

Custom orders

Buyers can request custom orders from you based on your gigs. Here you can offer as much as you really want for the gig to be done — but a maximum of $325. This is a much more better value — but most of the time this would include much more work than a basic gig.

There is a site called “Buyers requests” where buyers can post tasks they need done and you can create a custom offer based on that. It is worth to look through these offers because you could find something you can do very well and fast — but the buyer was too lazy to search for your gig or you weren’t found in the list of the mass of gigs. But most of the time it is because of a lazy buyer.

The revenue

If you sell something on Fiverr, you get 80% of the amount you agreed with the buyer. 20% off is a pretty big amount, but this is because maintaining the site and the infrastructure costs money.

One more thing: if you use Paypal to get your incomes transferred to, then $1 is charged for transfer costs. This means if you have a gig sold to a buyer for $100 and you transfer it to Paypal you end up with $79.

And you don’t get your payment right away: Fiverr has a monthly two weeks clearing period. After the end of this period your balance is updated with the amount you earned in the period ended. So if you need the money quick then this is perhaps out of the question. But I think those two weeks after completing the order can be managed to live without the money.

Conclusion

The revenue of Fiverr is really big (20%) on every gig, which is much more than at oDesk for example. But you get a good and well maintained site with the possibility of extensible gigs and custom offers.

If you need something to get done and you want to ask me about that particular problem, you can reach me here, and we can discuss the details further on.

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