Making Money On Fiverr - Is Fiverr A Serious Money Maker? Is It Worth The Time For The $5 Return?

I'm sure most of you are familiar with Fiverr.Com, the website where you can hire out jobs for $5. For those of you who are not familiar with Fiverr.Com it's basically a site where people offer services all for $5 or less. Some services are more practical things like Graphic Design, while others are silly such as having a celebrity impersonator call your friend on their birthday talking like Christopher Walken for example.

Make Money On Fiverr

I really like Fiverr for the cheap design gigs. If I were to go on Craigslist and try to hire someone to make a banner ad for me for example I would probably get quotes from $50 to $150. On Fiverr I can hire a designer to do the exact same thing for $5. Now I'm sure voiceover actors, graphic designers, programmers and web designers aren't too excited about this as it cheapens their trade, however for the blogger, youtuber, business startups Fiverr is a very valuable resource as you can stretch your money a long way. Now to an extent you do get what you pay for so some of these gigs may not turn out how you planned but at $5 a pop you can hire 3-4 people, use the best work and you're still going to get your work done for a fraction of the price most designers would charge you.

This post is looking at Fiverr more from a seller aspect or a making money aspect. Just as you can buy gigs for $5 you can also sell gigs or your services for $5 as well and make money. Now like I said, this could be anything from I will sing you a song, draw you a picture, create a banner for your Youtube station. When selling gigs you are only making $4 after Fiverr and Paypal take their cut so you really have to take into account how much time doing a job will cost you and if it's cost effective for you to do for $4.

I think a good strategy is doing things which can be somewhat automated and are not labor intensive. Now offering an ebook or a guide on how to do something is a great Fiverr gig in terms of your time and return on investment. This is something you have pre-writen which all you have to do is post the file for the buyer. This takes literally 10 seconds of your time and almost no effort as opposed to offering a gig where you actually have to perform a service or do something custom for a buyer which requires more time and effort.

Sending someone an ebook on how to become a top seller on eBay takes 10 seconds. Creating a custom banner for someone requires more time and you don't know if they will come back for revisions. I try to keep my gigs pretty simple such as I'll tweet your message to my Twitter followers for $5, that takes just a minute of my time. Some other things I may offer would be I'll make a video review of your product for $5, takes some time but is something I don't mind doing and something which is easy for me to do. Those are the types of gigs I like to offer on Fiverr.

Now can you actually make a pretty good income from Fiverr? I do see some sellers who have tons of feedback and who have sold many gigs and are obviously making money. My experience with Fiverr hasn't been that great but then again I don't put that much time and effort into Fiverr so that may be why. I do occasionally have gigs roll in and it normally takes me less than 5 minutes to do one of my Fiverr gigs, generally probably only a minute or two so I'm making a buck a minute which I can't complain about.

If you havn't tried Fiverr or heard of Fiverr I'd recommend you check it out. It's not a bad way to make some beer money and if your a blogger, youtuber, writer and need services done it's a great place to get some cheap work done.