How to make Online money at least $500 per month from fiverr.com

Fiverr.com is a website where people offer different things to do for $5. As a buyer, you can get a lot of services done at $5. Some examples include: Creating a short video, getting a logo designed, SEO services, increase fans on your facebook fan page and so on. However in this post we will talk about how you can earn money from Fiverr.com as a service provider.

When you provide a service on fiverr.com the buyer actually pays $5 but you will receive only $4. They take a cut of 20% for their services. If you can provide 5 services a day on average, that’s $20 in earnings. If you work for 25 days a month, that’s $500 a month in earnings. As a single person working from home, this is very much possible. You can expand your business by hiring more employees and delivering more services.

$500 a month is Rs.25,000 a month and Rs.3 Lakhs a year. This is equal to the average starting salary in any IT company in India. (In 2008 my job offer in an IT firm was Rs.2.75 Lakhs/Annum – of course I never went for it). These figures are just a rough idea and making $1000 per month or more is very much possible if you have some creativity and consistency. 

I have been using fiverr.com more as a buyer than seller and my primary earnings do not come from fiverr. So don’t ask me if I earn that much from them, I don’t. But I have enough experience to advice you on this topic.

Now let’s look into the whole process in more detail.

Step 1: Decide What You are Going to Sell

Usually freelance job networks only work on a model where the buyer posts a project with the estimate and requirements and service providers bid on the project. After the buyer is satisfied with one provider, he chooses (hires) him and work gets done, payment gets done.

Fiverr.com became popular because they turned the tables around. The first move is by the seller (or service provider, you!). You first post that you are ready to do this for $5 and then the buyer buys the service. This allowed for more creativity in the marketplace. People were offering strange and weird services and sometimes they were good value for more. Buyers found services that they would have never imagined were available and the whole eco system boomed.

The following image is a screenshot from the home page of fiverr.com where you can see services are being offered for $5.

You should head over to fiverr.com right now and have a look at the various services being provided there and get a general idea about the scope of the site. In each service offering (usually called a gig) you can see feedback. If a gig has a lot of comments, ratings and feedback its a good sign that they are doing well in sales of that particular service.

In the following screenshot you can see a guy offering voice over services for $5. He has 204 positive reviews which means at least 300-400 people would have ordered his services (all buyers may not leave feedback). Just on the conservative side, say its 300. $4 x 300 = $1200!

If you want to make a significant amount of money from fiverr, you should first study the market – learn what kind of services are in demand and sells well. You can try to provide a better service for the same price and people will buy from you. You can also make a new gig from your creativity, something which has never been offered in the site before.

Sometimes new ideas will boom, sometimes they may crash. Since there is no cost for posting a new gig and there is no limit to how many gigs you can post, you can just post anything that comes to your mind as a possible service idea. Just be careful that you will be able to meet the delivery deadlines – if a lot of people order your service and you don’t deliver, you rating in fiverr will go down.

You can also get some service ideas by visiting other freelance networks such as elance.com, getafreelancer.com, odesk.com, guru.com and so on.

Hot Tip: Some people make a lot of money as a middle man between fiverr and other freelance sites. They would bid on a project on odesk.com (or a similar site) and use fiverr to get the job done for a cheaper price and make money in the middle. For example if someone posts a job for $20 in odesk.com, you can bid on it, get it done for $5 on fiverr.com if the same service is available and make a cool $15 as a broker. And there is nothing legally or ethically wrong with this method!

Step 2: Post Your Service/Offer – Gig

Once you have some ideas on what kind of services you can offer, it is time to start publishing it on fiverr.com. After you have created your account, go to Seller -> My Gigs and then click on the button ‘Add New Gig’. You will get a page like this where you can enter the details of your offer. Make it as explanatory as possible so that buyers order your Gig with confidence.

You can add images and videos in your gig. Try to add a video explaining your services so that people get a clear idea what your gig is about. Once you have added it, add a few more gigs and wait. You are sure to get orders if you are providing something of value. Initially your orders will be slow, but as you provide more services and get more feedback, your orders will get repeat customers and new referrals.

Step 3: Improve Your Rating and Reputation

To get a lot of orders you should remember the following points…

• Provide a good quality service and make the buyer happy
• Always leave feedback for the buyer and ask them to give you a feedback in return
• Deliver your orders on time
• Under promise and over deliver so that your chances of getting -ve feedback are reduced
• Sometimes buyers won’t be satisfied even if you provide a good service. Just reply to them politely and provide a refund instead if arguing with them and risking a negative feedback.
• Give clear instructions to the buyer about what they should provide for your work. Clear and transparent communication will help both the parties.

Step 4: Withdrawing Your Money

Once you deliver an order, the order will be marked complete in 3 days. After that there is a 2 week holding time before your balance can be withdrawn. When you withdraw your balance, it will be paid to your PayPal account. Then it will be withdrawn to your bank account. For more information about PayPal, visit my post about using PayPal in India.

Conclusion

I hope you got a good idea about making money with fiverr.com. Go ahead and start trying it out. If you have any questions, let me know in the comments below. Remember, the secret of making money is just 4 letters… W.O.R.K.!

World`s Best 5 freelance Websites

Online freelance websites and marketplaces are changing the way we work. We can work from anywhere, choose how much we want to work and at what time we want to work. We don’t have to worry about waking up early to get ready for the job or even taking a long holiday with our family. We are your own bosses!

As the freelance culture grew famous during the last 3-4 years, hundreds of websites have been launched that provide great service to freelance workers and outsourcers. I did some research on the web and found the following 5 best freelance websites that are really changing the freelance landscape of the world and have already established themselves as mega sources of freelancing and outsourcing.

5 Best Freelance Websites (Updated 20th Sept, 2015)

1. Freelancer

It is one of the biggest and the oldest player out there. After the launch in year 2003, it has now grown into world’s biggest outsourcing destination. It has recently acquired the two big giants in the freelancing marketplace: vWorker and Scriptlance and now become bigger than ever.

If you are looking for a place to start, then Freelancer is the best place for you. Its easy to sign up as a freelancer or employer and start earning or hiring. I always recommend newbies and even the professional freelancers who have worked on other freelance sites to  join Freelancer.com.

Sign Up For Free

2. Toptal

A newer player in the freelance game, Toptal is great for experienced software developers. Their screening process is pretty intense – only accepting the top 3% of developers – so it’s not as easy to get up and running on a project as with some of the other sites listed here.

If you are able to get through the screening rounds, though, it’s a pretty great setup. The service pays really well, higher rates than all the other sites listed here. They can set you up with a range of projects from short- to long-term, and will match you with projects that fit specifically to you and your skillset.

If you are looking for a highly qualified developer for your startup or any other high quality project, I strongly recommend you hire your developer from Toptal.

Note : This is a the most Premium freelancer network that I’ve found on the web. Guys there are highly talented and are usually paid much higher than other sites.

Hire a Developer | Apply as a Developer

3. Elance

It is the oldest and one of the most trusted freelance website. It was launched in the year 1999 and since then it has done a total freelance transaction of about half a billion dollars. With a large number of freelancers in different fields like web designing and development, graphics design, content writing etc and about 50,000 jobs posted every month, there’s always a huge scope in getting fresh jobs here.

Sign Up For Free

4. Upwork (Formerly known as oDesk.com)

Upwork, formerly known as oDesk.com is my personal favorite. oDesk rebranded itself to Upwork in first week of May. But nothing has changed, it is still the same amazing place for finding jobs and hiring freelancers.

When I started my freelance career I did it with this site. It provides very high quality service and the fees that they take for projects are also small. The most important thing that I love about oDesk is its support team. It never happened that they were not able to respond to my queries and problems.

5. Fiverr

It is the world’s largest marketplace for small services. The most interesting part is you can create gigs for as low as $5. It  can prove to be a money making system for you even if you don’t know the coding or design stuff. Just have a look at the gigs others are creating and see if you can do that too. If you can do something very usual that people may be willing to pay $5 for then you can make significant amount of money here.

Now you can go and check out which of the following freelance website suits you the best. There are a lot of other sites also but these are the top players out there.

Earn Online Money - Increase Adsense CPC

CPC is known as Cost-Per-Click sometimes known as pay-per-click (PPC) i.e. the amount which has to be paid by the advertisers for a single click on their Ads running on your particular webpage. Consequently, it is nothing but the costs incurred by advertisers in one hand and on the other hand it is revenue for Google AdSense Publishers.

You may say that AdSense CPC (cost-per-click) rates will depends on the advertisers bidding (Automatic and Manual) for your site/blog. Accordingly, you have not directly control over the CPC rates and therefore you should have to care about some areas which indirectly helps to increase the CPC rates.

You should also keep in mind that whatever CPC rates you are seeing in your AdSense performance report is not the actual CPC that advertisers are paying for a single click. Actually, it equals to only 68 percent of actual cost-per-click rate. This is because of Google AdSense revenue share (Payments) i.e. Google kept 32% of actual revenue you have earned for displaying ads with AdSense for content. Similarly, for AdSense for search, publishers receive only 51% of the revenue recognized by Google.

Now, the question arises what should be done by the AdSense publishers to increase CPC rates so that their AdSense Ads will fetch for revenue. Based on my personal experience, I am sharing some practical and more genuine guidelines to all of you which may help in increasing your AdSense CPC rates to earn more from Google AdSense.

In my opinion, our ultimate target should be to attract more advertisers to increase tough competition among them resulting more CPC rates they have to pay for appearing on our sites/blogs.

If you have  any questions feel free to discuss here !!