Fiverr is the latest trend in the freelancing industry. A lot of people are choosing Fiverr over Upwork as it allows them to find the job done for as much as $5.
Similarly, freelancers also are moving to Fiverr as it is considered a"Relatively Easy" option to acquire Freelance work.
Is it worth hiring a freelancer on Fiverr?
Having used Fiverr both as a Freelancer and Client, I would be in the ideal place to answer these questions. So let us see answers to those questions and a whole lot more in this Fiverr Review.
Fiverr is basically a freelance marketplace, where you are able to buy and sell services for $5 and thus the title"Fiverr".
It began its operation in 2009 and ever since that time it has grown exponentially. Micha Kaufman, CEO in Fiverr, in his interview to Techcrunch, had promised the freelancing website has finished over 25 Million transactions till date, one third of that have come in past one year.
Contrary to Upwork, Fiverr uses a single account system for the two Freelancers in addition to Buyers. Everybody is able to register with Fiverr without any manual verification procedure.
So let us now get straight to Fiverr Review. We'll begin with functioning of Fiverr.
How Can Fiverr Work?
In Fiverra freelancer could make a"Gig" which nothing but an announcement which tells the client what services They're offering for $5
Update: Fiverr no longer restricts the basic gig to just $5. Freelancers can make Gigs up to $995
By way of example, a graphics designer may produce a Gig for logo design together with the below title.
I will design a magnificent logo for you.
Together with the Gig name, freelancers can also add information concerning the range of providers, the USP of services etc, in the description. A freelancer will also need to specify the time for completing the Gig.
Freelancers can also give Gig extras for additional work or faster delivery.
In the example above, freelancer could provide provide a $5 or even state $10 Gig additional for a single day delivery of this emblem. They can also offer more logo designs from which the customer can select one in an additional cost with these Gig extras.
This provides an option for clients to choose the specific bundle they want without selecting unnecessary products.
A customer can then hunt through different such Gigs created by freelancers and shortlist the one which matches his demand. If needed, they could request a custom quote from the freelancer.
Before purchasing the Gig, a customer must pay to Fiverr the amount required to purchase the Gig. For Gigs around $20, Fiverr prices additional $1 towards support fees. For gigs around $20, the charges will be 5% of the amount.
This I find this to be very high especially if you're buying a $5 position, for which you'll need to shell out $6 that is 20% more than the Gig price.
After creating the payment and also making the purchase, the customer will have to reply the freelancer's question to give him the necessary information for completing the work.
From the above case, this information may contain Name of organization, type of emblem, colour decision etc.. When the info is provided by the client, the agreement will start and the freelancer might need to complete the job in the stipulated time.
After completing the job, the freelancer could publish exactly the same for customer's review. Based on the term and terms of the deal, client can ask the freelancer to make any necessary changes.
If no changes are required, customer can indicate the job as completed and speed the freelancer based on following parameters.
These evaluations will help other clients to evaluate the caliber of work supplied by the freelancer. On the similar lines, freelancer also can speed the client.
Once the order is marked as full, Fiverr will launch the payment to the freelancer later taking out their charges. Fiverr charges 20% charges for each order. So for a $5 minute, the freelancer Is Only Going to get $4
If the client does not mark the order as whole in the next 3 days, then the order will be automatically marked as complete with the procedure and payment will be published to the Freelancer.
Which Sort Of Gigs Can I Locate Or Create On Fiverr?
A freelancer could create just about any kind of Gig that is simply restricted by their ingenuity and of course, Fiverr's Conditions of Service.
A Gig might be a purely technical task like graphics design, programming, animation, SEO or non-technical things like creating prank calls, documenting humorous movie, advertisements for somebody in unique ways and also other simple yet innovative things.
A man saying a message out by sporting a fruit costume. Can you imagine that this Gig being sold 157 times? Additionally, check the order in the queue which shows the prevalence of the Gig.
This shows that creative freelancers with no skills can make decent money on Fiverr. On the other hand, clients can discover Gigs on Fiverr which they may not be able to locate anyplace else, not for $5.
Fiverr has a flat system for its freelancers. Higher levels enable freelancers to create greater Gigs and provide greater Gig Extras and Gig Multiples with each Gig.
The level process is also useful for buyers, so as freelancers at higher rates are usually most trustworthy than freelancers at reduced levels.
Fiverr Processing Fee
The processing fee will be on the higher side at Fiverr. That means for finishing a Gig, instead of 5, you will actually get $4 into your account that turns out to be 20% commission to get Fiverr.
Besides processing fees, Fiverr also charges you withdrawal charges Fiverr Review – Is This A Good Opportunity Or Big Scam? SEO Spark of 2% or $1, whichever is see this lower.
Add on it, sellers have to pay up $ 1 to $20 of Gig value as service fees. For gigs over $20, the prices are 5% of gig value.
So, for a basic Gig worth of 5, Seller pays $6 while the freelancer gets only $4. This according to me is a really large commission.
Is Fiverr A Scam?
The brief answer: No, Fiverr is not a scam. However, the freelancers registered on Fiverr can be scammers. That's very much the case on almost any freelance sites.
Every site has a dispute system which manages the disputes accepted to them by the customers at their own discretion. A few of these decisions are from the favor of clients while some are in the favor of their freelancers.
It's very much natural a decision may go no way outraging the party. In fact, there can be instances where the conclusion was correct, still a individual might not be ready to accept it just because it was contrary to his will.
All these contributes to negative reviews linked to Fiverr. But since there are more negative Fiverr Reviews as in comparison to the other freelancing sites, it does suggest inefficiency of Fiverr service to resolve issues to satisfy both the parties.
Also, a great deal of freelancers too have complained that Fiverr bans them stating they have broken up its T&C conditions without providing any details about vioation.
Once prohibited, they could withdraw the earnings only after 90 days. Some freelancers even claim they're not able to withdraw their earnings after 90 days.
While these complaints do increase doubts over the credibility of Fiverr but you cannot ignore the fact that thousands of people are making their living out of Fiverr without any complaints. I have sold Gigs on Fiverr and had no problems with the payment.
So Fiverr does have problems for both customers and freelancers. It's unethical whether it is all about banning freelancers without disclosing the reason or it is inability to solve disputes, however it is surely not a scam.
Advantages Of Fiverr To Get A Freelancer
Since Gigs are valued only at $5, so a great deal of people change to Fiverr for completing basic tasks and therefore it is easier to find freelance work.
You do not need to have any technical abilities to sell on Fiverr. Anyone with ingenuity can earn money with Fiverr.
You actually get paid to do things which you love to do. So that you can make cash while having fun.
In Fiverr, buyers search you to your Gig. This makes certain gain more exposure as contrary to other freelance websites where mainly you have to look for a buyer on the services.
You can do marketing for your Gig on interpersonal websites to secure more orders.
Disadvantages Of Fiverr As A Freelancer
You've got no control over the Gigs you chose. Whenever someone purchases your Gig, it gets automatically accepted by the computer system.
Fiverr Rating system is suspicious. If you've got a whole lot of people incorrectly purchasing your high-value which are not applicable, you may get a negative rating, should you not finish them. Even in case you repay the quantity and ask your buyer to leave a favorable rating, it will appear in your finished orders.
If you are new to Fiverr attempting to sell a popular Gig being that's being supplied by a number of different sellers, your Gig might never be visible to the clients.
Commission charged by Fiverr is very high considering the fact that most people simply Buy the basic Gigs of $5
You may withdraw your earnings only after 14 days of receiving the payment that Fiverr claims to be for security purpose, in the instance of any problem being raised from the purchaser.
Fiverr can prohibit you without giving any reason if they believe that you violate their T&C. This may hurt for top rated vendors who worked really hard to find good ratings to your own or her account.
Advantages Of Fiverr As a Buyer
When $5 is all your funding is, you'll get improved services at Fiverr, than Upwork or alternative Freelance sites, in which the quality of support you get, will be far below an acceptable level with this price .
In the event you do not get satisfying results, then $ 5 will be all you lose.
Fiverr provides a number of different Gigs for you to choose from.
A whole lot of sellers provide a cash back into the purchaser in case if they are not happy with the services. Most buyers prefer a refund and leave some positive feedback for the seller leading to higher evaluations for non-deserving sellers.
This does appear in canceled orders, but as mentioned earlier, it's hard to make out if the purchase was canceled due to Buyer's fault or vendor's fault.
A great deal of individuals buy fake reviews by asking their friends to purchase Gigs and provide them a 5-star score. This further creates the evaluation method unreliable.
You have to pay minimum $1 as support charges, even for a $5 Gig.
Every freelance website has its advantages and disadvantages also Fiverr is no exception. If you are a freelancer, you've got nothing to lose by creating a Gig at Fiverr.
However, if your idea is inventive enough, you might just wind up earning much more than you would have imagined. There are many freelancers who are earning more than 1 Lac a month at Fiverr.
However, because a purchaser, you need to very careful when picking a Gig. Though there is a risk factor involved with each freelance website or despite real life contracts, the risk factors are far more with Fiverr because it generally does not filter out fraud sellers. On the flip side, it is about $5.
Freelancers got not much to drop for utilizing Fiverr. As a purchaser, if you are able to spend carefully, then you can hire some decent freelancers for very cheap rates. Overall for me, Fiverr is a decent spot for both freelancers and customers.