How To Make Money On Fiverr

Fiverr takes a good chunk out of all the money you make. At first, $1 of your $5 gig may not seem like much, but when you start to make $1000 a month or more, that 20% Fiverr takes becomes more apparent.

This puts people off to the website. They start to think “why would I do all this work for a measly $4?” But of course that’s the wrong approach. There are people making a killing on Fiverr right now. If you thought I was making a lot of money on Fiverr, I make peanuts compared to some of the biggest sellers on Fiverr.

When we look at a Fiverr seller like Crorkservice, who sells SEO services on Fiverr, we can clearly see how many deliveries this user completes per day.

crorkservice fiverrTaking a look at this screenshot, we see that the highlighted peak is 150 deliveries. A rough estimate for the amount of deliveries Crorkservice completes per day would be 100.

100 deliveries per day would mean roughly an average of more than 100 orders per day, factoring in the orders that likely get cancelled.

Now, for the sake of simplicity, we are not going to factor in gig extra orders or gig multiple orders for now.

If we say crorkservice delivers 100 orders a day, 100 orders x $4 per order = $400 per day.

Multiply that by 365 days in a year and Top Rated Seller Crorkservice makes a whopping $146,000 per year on Fiverr. The crazy part? (as if making over 100k on Fiverr per year wasn’t crazy enough) This is the conservative estimate!

Like I said, I didn’t factor in the gig extras and gig multiples, of which Crorkservices charges and sells A LOT, which would put his yearly earnings on Fiverr closer to something like $300,000-$500,000 USD per year!

Now, I’m not exactly sure how the income taxing system works over there in the tiny country of Moldova where Crorkservice resides but I do know that that is still an amazing salary even after taxes.

Granted, it is very likely Crorkservice has expenses. He pays for software, proxies, lists, and maybe even outsourcing and those expenses add up but even if the net income at the end of the year was $100,000, it would still be an amazing feat.

There are two ways to make money on Fiverr.

The first way is by volume. 1 order that earns you $4 is nothing. However, 30-40 orders per day? That’s going to make you $120-$160 per day.

Volume however, is the most difficult way to make money on Fiverr. It requires you to be picked up frequently in searches. If your gigs don’t have more than 10k impressions in the last 30 days, it will be very hard for you to have this kind of volume.

You need to sell in-demand gigs and configure your gigs so that they are picked up for frequent and high volume search terms.

Crorkservice has 30 gigs. He is able to have this number of gigs because he is a Top Rated Seller. However, as a Fiverr seller of any other level, you are able to have 20. 20 is still a really good number and if you want to improve your chances of getting picked up in more searches and potentially receive more orders per day, then you will want to always have a full 20 gigs.

The second way to make money on Fiverr is to increase the average selling price of your gigs.

You do this by including gig extras on all of your gigs and by encouraging people to buy gig multiples and gig extras.

How do you do this?

The easiest way is to create a gig where the essentials are in the gig extras or it is essential to purchase gig extras.

Let me explain.

If I were to have a voiceover gig, I would offer something like $5 for 50 words. Most people, on average, require a lot more than that when they require a voiceover for a video. This is encouraging them to buy multiples. If they want 400 words, they’re going to have to pony up and spend $40, of which I would earn $32.

Now, to put that in perspective, to earn that much in volume, I would have to receive 8 orders. It’s a lot easier to sell 1 gig for $40 than to sell a gig 8 times in a day for $40 on Fiverr.

Another thing is to put essential or expensive packaged services in the gig extras. If you look at the gig extras for Crorkservice, you’ll see he has gig extra packages for $100. So much for selling a $5 service on Fiverr, right?

All of his gig extras for all his gigs are like this.

They are packages and often times, he puts a lot of value in his gig extras (think 2 for 1 kind of deals) which encourage buyers to purchase his gig extras and thus, increasing his average selling price.

Crorkservice is fortunate enough that he gets the best of both worlds. He gets a massive volume of sales on Fiverr and he also sells a lot of gig extras.

The good news is, you only need one or the other to make money on Fiverr.

If you want more perspective on how order volume and gig extras can drastically change your income, I suggest you check out the Fiverr Calculator.

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About The Author

Corey

Author of Fiverr Success, instructor of the Fiverr Success Udemy course and Fiverr guru on makefiverrmoney.com