Fiverr is a popular and non-traditional freelance marketplace having nearly 5 million active buyers from more than 159 countries. It was a new idea to address the challenges faced by freelancers and remote buyers.
Fiverr is also a self-search engine for digital services. A seller lists services in the form of a gig which contains all the necessary information for the buyers to screen out and find what they need. There are more than 300 service categories available on Fiverr.
So this Fiverr review will uncover all the important attributes and details associated with this emerging remote jobs website.
What Is Fiverr?
Free To Sign Up Freelance Marketplace
Fiverr has minimized the 50% project posting and bidding workload. You go to the services page and search your query, and there are thousands of sellers waiting for you. It is reasonable for startup owners, young entrepreneurs, and business beginners.
Overview Of Fiverr Freelance Marketplace
Here are the key specifications of this non-traditional freelance marketplace.
Launch Year
Fiverr non-traditional freelance marketplace was launched in Feb 2010.
Founders
Micha Kaufman and Shai Wininger founded Fiverr.
Fiverr Headquarters
Fiverr headquarters is located at 8 Eliezer Kaplan St – Tel Aviv, Israel.
Countries Available
Fiverr freelance marketplace services are available in more than 160 countries.
Fiverr Networth
Fiverr’s net worth is estimated at around $6.4 Billion as per the stats of 09 Aug 2021.
More Facts About Fiverr Freelance
How Does Fiverr Work?
Fiverr is the world’s first freelance marketplace that comes with a gig idea replacing the traditional concept of project posting and bidding. So it is slightly different from the rest.
Buyers get a variety of services along with work details and pricing offered by the sellers.
General Category
Anyone without a portfolio can sign up in Fiverr’s general selling category and the support team will approve the profile after the necessary process.
Account Creation
Buyers and sellers both need to create their accounts before using Fiverr services. Add the necessary details to your profile and enable security features.
Pro Category
Pro sellers are thoroughly vetted by Fiverr support and get this status among the top 1% talent pool. Limited approval chances.
Create A Gig To Sell
If you want to sell services on Fiverr then you need to create and publish each service with details named Gig.
This freelance marketplace covers hundreds of service categories including graphic design, web development, digital marketing, etc. Fiverr charges both buyers and sellers a service fee. Which is non-refundable to anyone who uses this platform to buy or sell services.
It has a strict TOS that must be followed to avoid account suspension and termination. Fiverr is commonly used for low-budget out-sourcing projects.
Also Read: How To Make Money On Fiverr Without Skills?
How to Get Started On Fiverr?
You need to create a Fiverr account to get started on the marketplace. You won’t be able to sell on Fiverr until you make at least one gig. New sellers can create 7 gigs for different services for free.
Steps To Join Fiverr
By using your Facebook account
Google account
Apple ID
Fiverr Sign Up
Fiverr services are only accessible to registered users. You need to create an individual/agency account to start selling or buying services on Fiverr.
When you sign up on Fiverr, you are considered a buyer. Therefore, you need to create gigs for your services to become a seller.
Fiverr Profile Set-Up
Fiverr requires 100% profile completion for its users to start work on its platform. You can make gigs and purchases after completing your profile.
This may include your personal & educational details, email & phone number verification, and tests carried out by Fiverr for specific categories.
Also Read: 25+ Easy Fiverr Gigs And Job Ideas For Beginners
What Is a Gig On Fiverr?
The gig is a unique phrase used to demonstrate the seller services displayed on Fiverr. You utilize an image or video with a title in a gig to display your services. It includes a complete service description, pricing, and extras.
A new Fiverr seller can make seven different service gigs, which is increased to 10 on level 1, 20 on level 2, and 30 for top-rated sellers.
Fiverr Service Fees
Fiverr charges both buyers and sellers for the services furnished by its platform.
Fiverr Fees For Buyers
The Fiverr processing fee for buyers is as follows,
- $2 Straight on orders below $40
- 5% Fiverr taxes on services/orders above $40
Fiverr Fees For Sellers
Fiverr commission percentage for sellers is as follows,
- 20% off the order, which is also applicable to the Fiverr tips given by happy clients
How Does Fiverr Pay?
After completing the order, it takes Fiverr 14 days to clear your money. During this period, your balance is shown in the form of pending clearance.
This process is to protect the buyer’s claims and use this amount for investment. If your completed order is canceled for any reason, the pending clearance amount will be refunded to the buyer.
A seller can not claim this balance. If 14 days are completed, the amount is shifted into your seller balance. After that, the amount is available to withdraw.
How Do You Get Paid On Fiverr?
To get paid on Fiverr, you need to attach your bank account or a payment gateway. Fiverr gives many options to freelancers for fund withdrawal.
You have to make sure the payment method being attached is correct and is not used on any other Fiverr account. Attaching the same payment method to multiple Fiverr accounts may result in a permanent account ban as Fiverr won’t permit you to use more than one account.
Also Read: Fiverr Early Payout: Get Your Money Faster
Fiverr Payment Methods
There are three methods to withdraw Fiverr earnings.
- PayPal
- Fiverr Revenue Card
- Bank Transfer
Direct deposit only works for banks inside the United States. You can use a virtual bank account or Payoneer to draw your funds into your US account assigned by Payoneer.
Fiverr Funds Withdrawl in Local Currency
Fiverr revenue withdrawal is available in the following local currencies.
- USD
- Euro
- British Pound
- Australian Dollar
- Canadian Dollar
- Israeli Shekel
Terms and conditions apply on withdrawal to local currencies. The dollar is the only currency used in the whole Fiverr system.
How to Withdraw Money From Fiverr Account?
If you want to withdraw your earnings available in your balance, Click on your earnings button, and then you will see your complete details.
- Fiverr offers a minimum of $4 for withdrawal. This amount can be withdrawn through a PayPal account.
- If you have more than $20 in earnings, you can withdraw this amount through a direct deposit or Payoneer account.
- A minimum of $30 is required to withdraw via Fiverr Revenue Card
Fiverr withdrawal fees or taxes may apply to your withdrawals. The withdrawal commission is the same but taxes may vary, so validate this before attempting anything.
Important Note
There may be some payment malfunction due to PayPal operation limitations. If anything occurs like this, don’t hesitate to get in touch with Fiverr Support.
What is Fiverr Pricing?
Fiverr pricing is a single-tier or three-tier pricing system displayed at each gig. In this, a seller describes services and costs against them.
Single-tier pricing means a fixed price for a job. While three-tier pricing is like basic, advanced, and premium services required by the buyer. However, it depends upon the type of work, time, and resources the seller requires to accomplish it.
Fiverr Pricing
| Order Types | Minimum | Maximum |
| Direct Orders | $5 | $995 |
| Custom Offers | $5 | $5000 |
Fiverr Pro Pricing
| Order Types | Minimum | Maximum |
| Direct Orders | $5 | $20000 |
| Custom Offers | $5 | $50000 |
Fiverr Reviews
Fiverr has an unconventional review system. The Fiverr reviews are yet available in your Google results. In addition, Fiverr posts the buyer reviews directly on the seller’s gigs and profile to make them helpful to others.
Fiverr reviews are dominated by Fiverr buyers. A seller can neither ask the buyer nor Fiverr about the negative reviews submitted by the buyers. This is what most of the sellers suffer. Any order issue with the buyer will hurt you for a long.
The most relevant and the latest reviews are shown at the top of your gig/profile reviews section. A review is submitted at the end of each successful order completion. Fiverr sellers can only submit a buyer experience rating in five stars format while a buyer marks three options.
Fiverr buyer review comprises three things.
- Seller communication level
- Service as described
- Recommended to friend
If a seller fails to maintain a certain positive rating level, they will lose the present level badge on monthly evaluations.
A monthly profile evaluation is carried out on the 15th of each month. A minimum of 4.7-star rating is necessary to maintain for Fiverr sellers in the last 60 days.
If a buyer posts a review on an order and the seller does not rate back. The buyer review will be automatically published after three days.
Also Read: Fiverr Seller Levels: How Do They Work?
Fiverr Support/ Fiverr Customer Service
Similar to other freelance marketplaces, Fiverr also offers a user help and support option.
You can reach the Fiverr help or support team in three ways.
- By submitting a ticket
- Through Email
- By tagging or DM, Fiverr supports social media handles, especially Twitter.
Fiverr’s support is controversial because of its inclination towards buyers. Fiverr doesn’t offer a live support option.
Pros Of Fiverr
- Best talent through Fiverr Pro
- Good for low-budget projects
- User-friendly interface
- Equal opportunities for sellers
- Powerful App
Cons Of Fiverr
- Average help and support
- Less professional freelancers
- No Freelance vetting process
- So many scammers
- Strict terms and conditions
- The average seller rating system
Frequently Asked Questions
Conclusion
Concluding this Fiverr review, we hope you will be able to learn all the necessary facts about it. There are several challenges for beginners at the start of their journey. So you must be prepared for everything.
Always obey the platform guidelines for communication and payments to avoid scams on Fiverr. Any over-smartness can end up with serious trouble and lead to permanent account suspension.
There are usually 3 warnings for sellers if they violate Fiverr TOS. Then you won’t be able to request any mercy as Fiverr support is not that seller-friendly in such cases.
