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Fiverr is an online platform that allows freelancers to sell their gigs (services) to clients, in exchange for payment. In this post, we will discuss how to sell on Fiverr as a complete beginner, how to withdraw your earnings and lots more.
Fiverr is an online marketplace where users can hire or render freelancing services. Clients can hire freelancers for as low as $5, depending on the difficulty and time needed to complete the work.
Fiverr was founded in 2010, and it has been helping people to outsource jobs to freelancers for over a decade now. With Fiverr, millions of sellers have earned a considerable amount of money right from their bedrooms.
There are many freelancing services that you can sell on Fiverr. But here’s the thing.
You should only choose one, two or three aspects that you’re very good at, and focus only on them. A sensible client will not hire a freelancer that’s a jack of all trades.
And lots more.
The requirements needed to sell on Fiverr are basic things you already have. Aside from being very knowledgeable in the service(s), you render, here are some other things you need.
If you have all the requirements, you should proceed with creating your Fiverr account.
Congratulations, you’re now a registered freelancer on Fiverr.
After creating your Fiverr account, the next thing to do is the creation and publishing of your Fiverr gig. A gig is a service that you render, for example, graphics design.
After completing your profile, you will be automatically directed to the “New Gig” page. You can also tap on “Gigs” from the menu bar and click on “Create a New Gig”.
Your gig is now published. Whenever clients search for services that you offer or something similar, your gig will appear alongside the ones from other sellers.
If a client buys one of your gigs and you deliver the job to his/her satisfaction, you will be paid the agreed amount. The money will be paid to your Fiverr account and you can withdraw it to your local bank account or online wallet.
There are 5 different withdrawal methods available on Fiverr:
The minimum amount you can withdraw to Paypal is $1, and there are no withdrawal fees.
You can only withdraw through Payoneer once every 24 hours. The maximum amount you can withdraw in a day is USD 5,000.
Note that currency conversion rates will apply, depending on your country of residence.
The minimum amount you can cash out on Fiverr with a bank transfer is $20. A withdrawal fee of $3 applies to each withdrawal.
This option is only available to Fiverr sellers in the United States. The minimum amount you can withdraw is $10, and a withdrawal fee of $1 applies.
Note that this option is available in all countries, except Russia and India. The minimum amount you can withdraw through the Fiverr Revenue Card is $30.
A withdrawal fee of $3 applies to each withdrawal.
Note that the fees above are only withdrawal fees, and they are not charged by Fiverr. They are charged by the financial bodies through which you want to process your payment.
Fiverr charges a fee of 20% on any payment that sellers receive from clients. This includes tips as well. Although 20% could seem a little too much, you should also consider some things.
Running a 24/7 website like Fiverr will cost millions and probably billions of dollars. Also, a lot of money is spent on advertisements to attract clients that will hire sellers and freelancers like you.
Now you have everything you need to create a Fiverr account. Mind you, the competition will be tough at first since many sellers like you are already on the platform.
Also, ensure you only render services that you are very good at. If you have the right skills and good determination, you can generate a steady income from your Fiverr gigs.
Click here to start selling on Fiverr as a complete beginner.
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