Fiverr is the latest trend in the freelancing industry. A great deal of people are opting for Fiverr more than Upwork because it allows them to find the job done for as low as 5.
Similarly, freelancers are moving to Fiverr as it's considered a"Relatively Easy" solution to find Freelance work.
So is Fiverr a scam? Is it worth hiring a freelancer on Fiverr? Might it be worth for freelancers to devote their time working on Fiverr?
Having used Fiverr both as a Freelancer and Customer, I would be in the ideal position to answer these questions. So let's see answers to those questions and much more in this Fiverr Review.
Fiverr is fundamentally a freelance marketplace, where you can buy and sell services for $5 and hence the title"Fiverr".
It began its operation in 2009 and since that time it's increased exponentially. Micha Kaufman, CEO at Fiverr, in his interview Techcrunch, had claimed that the freelancing website has finished over 25 Million transactions till date, one-third of which have come in past one year.
Unlike Upwork, Fiverr employs a single account platform for the two Freelancers as well as Buyers. Registration with Fiverr is easy and free. Everybody is able to register with Fiverr with no manual confirmation process.
So let us now get direct to Fiverr Review. We will start with functioning of Fiverr.
How Does Fiverr Work?
At Fiverr, a freelancer could make a"Gig" that nothing but a statement which tells the customer what services they are offering for $5.
Update: Fiverr no longer restricts the basic gig to 5. Freelancers can create Gigs around $995
For example, a picture designer can produce a Gig for logo design together with the under name.
I shall design a glorious emblem for you.
Together with the Gig title, freelancers may also add information regarding the scope of providers, the USP of providers and so on, in the description. A freelancer will also have to define the time for completing the Gig.
Freelancers can also offer Gig extras for additional work or faster delivery.
In the case above, freelancer may provide offer a $5 or say $10 Gig extra for one day delivery of this emblem. They can also provide more logo designs from which the client can choose one at an additional price with those Gig extras.
This provides an option for customers to choose the specific bundle they need without selecting unnecessary products.
A client can then search through various such Gigs created by freelancers and select the one which matches his or her requirement. If necessary, they can request a customized quote from the freelancer.
Before buying the Gig, a customer has to cover Fiverr the sum needed to get the Gig. For Gigs around $20, Fiverr charges additional $1 towards support charges. To get gigs over $20, the fees are 5 percent of the amount.
That I find it to be quite high especially if you are buying a $5 position, for which you will need to pay out $6 which is 20% greater than the Gig cost.
After making the payment and also making the order, the client might have to reply the freelancer's question to provide him the necessary information for completing the job.
In the above example, this information may include Name of business, type of emblem, color choice etc.. Once the info is provided by the client, the agreement will start along with the freelancer will have to complete the job in the stipulated time.
After finishing the work, the freelancer will probably submit exactly the same for client's review. Based upon the term and terms of this deal, client can request the freelancer to make any necessary alterations.
If no changes are needed, customer can indicate the work as completed and rate the freelancer according to following parameters.
These evaluations will help other clients to estimate the quality of work supplied by the freelancer. On exactly the same lines, freelancer too can rate the customer.
Once the arrangement is marked as full, Fiverr will launch the payment to the freelancer later taking out their fees. Fiverr charges 20% charges for each order. So to get a $5 minute, the freelancer will only get $4
If the client does not indicate the order as whole in the following 3 days, then the order will be automatically marked as complete by the system and payment is going to be published to the Freelancer.
What Kind Of Gigs Could I Find Or Produce Fiverr?
A freelancer can create almost any kind of Gig that is simply limited by their originality and needless to say, Fiverr's Conditions of Service.
A Gig could possibly be a purely technical job like graphics designing, animation, programming, SEO or non-technical items such as making prank calls, recording funny video, advertisements for somebody in unique methods and also other simple yet innovative items.
A guy saying out a message by wearing a fruit costume. Can you imagine that this Gig being marketed 157 times? Also, check the sequence in the queue that shows the popularity of the Gig.
This indicates that innovative freelancers with no skills may also make good money on Fiverr. On the flip side, clients can find Gigs on Fiverr that they might not be able to find anyplace else, at least not for $5.
Fiverr includes a flat system for its freelancers. Higher levels enable freelancers to create more Gigs and provide more Gig Extras and Gig Multiples with each Gig.
The level process can be helpful for buyers, as freelancers at greater rates are generally most trustworthy than freelancers at lower levels.
Fiverr Processing Fee
The processing fee will be on the side at Fiverr. It costs 2% or $1 whichever is higher, as its own fees. That means for finishing a Gig, rather than $5, you will actually get $4 in your account that turns out to be 20% commission for Fiverr.
Along with processing charges, Fiverr also costs you withdrawal charges Fiverr - Wikipedia of 2% or 1, whichever try this site is lower.
Add to it, sellers have to pay up $ 1 to $20 of Gig worth as service fees. For gigs over $20, the prices are 5% of gig worth.
So, for a fundamental Gig worth of 5, Seller pays 6 while the freelancer gets just $4. This according to me is also a very high commission.
Why is Fiverr A Scam?
However, the freelancers registered on Fiverr could be scammers. That is very much the case on almost any freelance sites.
Every site has a dare system that handles the disputes carried to them from the clients in their discretion. Some of those decisions are in the favor of customers while some are still from the favor of the freelancers.
It's very much natural a decision will go wrong outraging the wronged party. In fact, there may be instances where the decision was correct, still a person might not be ready to accept it only cause it was contrary to his will.
All these contributes to negative testimonials related to Fiverr. But as there are far more unwanted Fiverr Reviews as compared to other freelancing websites, it will imply inefficiency of Fiverr service to solve issues to fulfill the parties.
Also, a great deal of freelancers also have whined that Fiverr prohibits them stating that they have broken up its T&C conditions without providing any details about vioation.
Once banned, they could draw the earnings only after 90 days. Some freelancers even assert that they are not able to draw their earnings after 90 days.
While these complaints do raise doubts over the credibility of Fiverr but you cannot ignore the fact that thousands of people are making their living from Fiverr with no complaints. Even I have sold Gigs on Fiverr and had no problems with the payment.
So Fiverr does have issues for both clients and freelancers. It's unethical if it's all about banning freelancers without revealing the reason why it is inability to solve disputes, however it's certainly not a scam.
Benefits Of Fiverr To Get A Freelancer
Since Gigs are appreciated just at $5, so a great deal of individuals change to Fiverr for completing basic tasks and therefore it's a lot easier to find freelance work.
You do not have to have some technical skills to sell on Fiverr. Anyone with creativity can earn money with Fiverr.
You really get paid to do things which you love to do. That means you are able to make money 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've got to search for a buyer for the services.
You can do advertising for your Gig on social media to get more orders.
Truth Of Fiverr As A Freelancer
You have no control over the Gigs you chose. Whenever someone buys your information, it becomes automatically accepted from the system.
Fiverr Rating system remains questionable. If you've got a whole lot of people incorrectly purchasing your high-value which are not relevant, you may end up with a negative rating, if you do not complete them. Even in the event that you refund the amount and ask your buyer to leave a positive evaluation, it does appear in your continuing orders.
If you are new to Fiverr attempting to market a favorite Gig being that's being supplied by a number of other sellers, your Gig might never be visible to the clients.
Commission billed by Fiverr Is Extremely high considering the fact that most people just Buy the Fundamental Gigs of $5
You are able to withdraw your earnings only once 14 days of getting the payment which Fiverr claims to be for safety purpose, in the case of any difficulty being raised from the purchaser.
Fiverr can ban you without providing any reason if they believe that you violate their own T&C. This can hurt more for best rated sellers who worked quite tough to find great ratings to their own or her account.
If $5 is your budget is, it is possible to get superior services in Fiverr, compared to Upwork or other Freelance sites, in which the caliber of support you receive, will be far below an acceptable amount for this price .
In the event you do not get satisfying results, then $ 5 will be all you drop.
Fiverr delivers a number of Gigs for you to pick from.
Benefits of Fiverr As A Buyer
A good deal of sellers provide a money back to the buyer if if they are not satisfied with the services. Most buyers would rather have a refund and leave a positive feedback on the seller leading to higher evaluations for non-deserving sellers.
This does show up in orders that are canceled, but as discussed earlier, it's difficult to make out if the purchase was canceled because of Buyer's fault or vendor's fault.
A good deal of individuals buy fake reviews by asking their friends to buy Gigs and provide them a 5-star evaluation. This further makes the evaluation system unreliable.
You've got to pay minimal $1 as support fees, even to get a 5 Gig.
Every freelance website has its own pros and cons and Fiverr is no exception. If you're a freelancer, you have nothing to lose by developing a Gig at Fiverr.
However, if your thought is creative enough, you may just end up earning a lot more than you'd have envisioned. There are a number of freelancers who are earning more than 1 Lac per month in Fiverr.
However, because a buyer, you have to very careful when deciding upon a Gig. Even though there is a risk factor associated with every freelance website or even with real-life trades, the risk factors are far more with Fiverr as it usually does not filter out fraud sellers. On the flip side, it is all about $5.
Freelancers got not much to drop for utilizing Fiverr. As a purchaser, if you may spend carefully, you can hire some decent freelancers for really cheap prices. Overall , Fiverr is still an adequate place for both freelancers and customers.