Make Money Selling Gigs on Fiverr

Fiverr.com could be a web site wherever sellers supply to do varied tasks, known as Gigs, for 5 dollars each.

It makes it simple for buyers and sellers to attach and Fiverr handles all the payment process, therefore each side are protected against getting scammed.

It's a nice web site for each buyers and vendors however we're getting to focus totally on using it as a seller. We'll look at a couple of advanced methods that you simply will use as a buyer, however first let's check out some of the ways that you'll be able to create cash from selling on Fiverr.

4 Gigs every day

If you break it down by the numbers, you will need to sell 125 gigs per month to make $500. You see, Fiverr keeps $1 out of each $5 gig as their fee, therefore 125 gigs will net you $500.

That might sound like a lot, however if you break it down it's only concerning 4 gigs per day.

Now, if you are performing a service of some kind, which means you need to do it four times each day on the average, every day for a month.

This is one of the explanations that plenty of individuals suppose Fiverr isn't definitely worth the effort. It looks like plenty of work to bring in that $500 if you look at it like this. Fortunately, you do not necessarily have to be compelled to place altogether that point each day, week after week, to earn the money.

The secret to creating some good cash on Fiverr while not burning yourself go into the method is to offer gigs that give you leverage.

For example, you might sell a report that teaches people the way to do something for $5. Once you have written the report within the first place, the only time you need to pay is responding to your buyers on Fiverr and sending them the report.

If you sold 4 per day, you may literally handle this in 10 minutes or less once you produce a system for it.

Let's check out a couple of ideas for gigs that you simply might offer that will provide you with this sort of leverage.

Quick & simple Product Creation

We already mentioned selling a report on Fiverr. You could write a report that teaches the way to do something that you simply know how to do and others want to find out. This might be something technical like installing and configuring WordPress, a list of the highest resources for people in your market or any number of different things.

You could additionally offer videos, audio, PLR articles and plenty of different things that Fiverr users would be interested in.

For example, let’s say you know how to use Photoshop to make simple header graphics. This is something that a lot of marketers need to do, therefore you may write a report or record a video showing them stepwise instructions for doing it.

You could even create a back end for your gigs by making multiple formats.

Note: A "back end" in the promoting world is other related products that you simply offers your buyers once they've bought one thing from you.

You might have a report and a video and sell them through two different gigs. Each one might suggest the other to your buyers, so someone who buys the report hears about the video and the other way around. Doing this may double your sales from a certain percentage of the people who buy your gig.

These products haven't got to be flashy or take a lot of your time to produce. People are spending $5, and as long as the information is good and the presentation is suitable, they go to be happy.

But even if it takes you a couple of hours to make one of these products, you can keep selling it indefinitely once it's done. The ROI (return on investment) on the time it took you to create it'll get better and better over time.

"Stock" Photos

Stock photos are pictures that you simply can use for your own purposes while not having to pay royalties to the photographer. They can be used on websites, in books, on brochures or any number of different places.

Most stock photos are quite expensive though, particularly for small businesses and entrepreneurs who don't have huge budgets to work with.

You could take photos around wherever you live, or in places you visit, and sell them on Fiverr for people to use, royalty free. You would possibly sell them individually, or bundle many related pictures together.

And you do not have to be an expert photographer to do this. As long as you can get your camera focused and have the slightest ability to frame the subject of the photo nicely, people are going to be interested.

Website Graphics

There are always marketers and webmasters in need of graphics for their websites:

• Header pictures
• Product graphics (ecovers, CD cases, etc.)
• Buttons, bullets, etc.

If you have some skills with Photoshop or other similar software, or perhaps if you have software that automates the creation of these types of pictures, you'll be able to sell them on Fiverr.

This is obviously going to depend on how much time it takes you to create a picture, but if you are quick enough you can make a decent hourly wage this way.

Resell Software Services

There are various software applications that will modify certain functions that many webmasters are always looking for. SENuke or other link generation tools, keyword research and various different applications can be "resold" to buyers on Fiverr.

For example, if you have a subscription to SENuke, you could sell a basic link building service on Fiverr. Because the software automates a lot of the work, you don’t have to spend a lot of your time to do the work manually.

These types of gigs can also be a good way to create a sales funnel that lets you make more money off of every Fiverr buyer.

Offering these services via Fiverr may facilitate fund the value of using these types of applications yourself. You might not be able to justify the cost of them for your own use, but if you can resell the services it can pay for some or even all of the software cost, which means you get to use it yourself at a reduction or even for "free".

Anything That Takes You X Minutes

If you want to offer a job that you have to actually do the work each time, the best way to analyze it is to break it down into dollars per hour.

For example, if you want to make $20 per hour for the gigs you are providing, you would shoot for tasks that take you about 10 minutes to complete. At 10 minutes per job, you could theoretically do six per hour, but there's going to be a little little bit of time required to reply to your buyers and so on, therefore you can probably average about 5 of these tasks per hour.

Because you pocket $4 out of every $5 gig, five gigs per hour can net you $20.

Just adjust this consequently for what you want to earn per hour, then determine what kind of tasks you'll be able to realistically accomplish in that time.

And as it happens, five gigs per hour is pretty close to what you need to do in order to earn $500 per month… only for working an hour per day.

Getting Ideas From Fiverr Itself

Another good source of ideas for gigs that you simply can sell is Fiverr itself. There are two ways that you'll be able to use the site to research ideas.

The first is Fiverr's "Request Gigs" section. Fiverr lets buyers request a gig, then shows a list of the recent requests on the home page of the site. You can scan through this list to see if there are any gigs that you are both capable of and willing to do for $5.

Just be warned that some of the requests are a little crazy. As an example, one in every of the requests listed as I write this is often "Make an iPhone application for our web site." I don't think there are going to be a lot of takers for this job at only $5.

But you can find gig requests that are a little more realistic, so it's a good place to watch for ideas. And keep in mind that if one person is looking for the work, chances are there will be other people who might also want the same thing.

This can be a good place to find ideas for ongoing gigs.

The second way to use Fiverr for research is to look for gigs currently being offered by different sellers that you are knowledgeable about, particularly gigs for which you could create a report or coaching video.

This goes back to the quick & dirty product creation idea, but if people are currently paying $5 per job on Fiverr, it's quite likely some of them would pay $5 for a report or video showing them how to do it themselves.

If they need the same job done on an ongoing basis, this will be a decent investment for them. Pay you $5 once to learn to do it themselves compared to paying $5 per job to different sellers.

Again, the time you put into making the product is a one-time investment. you can keep selling that product as long as the information is valid.

Promoting Your Gigs

A big part of earning a decent income from Fiverr is promoting your gigs effectively.

If all you do is post them to Fiverr and wait for the orders to roll in, you are likely to be frustrated. There are likely plenty of sellers providing similar things, and your gigs can get lost in the flow - especially once you are new and don't have a lot of reviews yet.

Rather than take a passive approach, you should actively promote your gigs in as many places as possible. Here are a few of the promotional ways that can work quite well…

Facebook & Twitter

If you have followers on these sites that would be interested in what you're offering on Fiverr, ensure you allow them to know about your gigs. And if you don't have followers who are interested, you should get out there and start networking more to find some.

Don't do it - too much promotion and people can simply tune you out or unfollow/unfriend you. But as long as you're building good relationships and giving your followers worth, throwing in the odd promotion isn't going to be a problem.

And if you are providing good worth for their five bucks, they're going to thank you for it.

Plus, because you are connected with these people outside of Fiverr already, the Fiverr gigs can lead to more significant direct work.

Forums

Forums are another place that you can promote your gigs.

Most forums let you create a "signature" that gets added to the end of each post you create. If you put a link to your Fiverr gigs in that signature, every time you post something on the forum, that link will be included.

This lets you interact with other people just like you always have - no hard selling required - but lets them see what you are providing. If you are a contributing member of the forum and have a good reputation, a certain number of people are going to click through on your link if it's something they are searching for.

Just ensure you check the rules of the forum before doing this. Each forum has its own rules and regulations and you want to make sure you don't contradict them somehow, even if it's unintentional.

YouTube

YouTube is another great place to promote your gigs.

When you post videos, you'll be able to include a link in the description. As long as it's a bare link - something like http://www.YourDomain.com - it will be "live" so people will click on it.

It's best to place the link at the beginning of the description therefore it shows up even in the snippet of the description that gets shown by default.

Create simple videos using a tool like Camtasia or Animoto.com and transfer them to YouTube. Make them a few topic that's related to your gig so people who view them are more likely to have an interest in what you are providing.

Another tip for promoting via YouTube is to use a url shortener like bit.ly to redirect people to your Fiverr gigs. This can shorten the link so it will definitely fit into the description without getting cut off.

Fiverr Arbitrage

Arbitrage essentially means buying something at one price and then turning around and selling it for more someplace else. So when we say Fiverr arbitrage, it means buying a service on Fiverr and then reselling that service to someone else outside of Fiverr.

Let's look at a simple example. let's say you're working with a local company to help them get more traffic to their website. One of the methods you use might be press release submissions.

Rather than doing the submission work yourself, you may buy a Fiverr gig that will submit the press release to a certain number of PR websites for $5, and charge the company you're working with a higher value.

This is essentially a simple form of outsourcing.

You could even take it a step further and not only hire someone on Fiverr to do the submissions, you could also hire someone to write the press release itself. The two gigs cost you $10, and you then charge your client a markup.

You can simply sell these services for four or five times your cost, and often much more than that.

Another way you will create arbitrage deals on Fiverr is to create packages from different gigs that you can turn around and sell through your own gigs.

Let's use article writing as an example. You could hire five Fiverr sellers to each write one article about a particular topic, for a total cost of $25. You then create your own gig selling those five articles in a bundle for $5, giving your buyers "private label" rights - the right to use the article however they want.

One dollar per article is a great deal for your buyers, and you simply have to be compelled to sell six gigs to make a profit. After that, each additional sale is pure profit for you.

These bundling deals can be done with many types of Fiverr offers:

• Graphic creation
• Writing
• Audio recording
• Video creation
• etc.

Setting Up A Sales Funnel

A sales funnel is a system that allows you to sell multiple offers to the same customers. You have some sort of cheap , high-value supply that gets individuals into your funnel within the 1st place and once they are in your funnel you can promote other related offers to those same people.

It's typically much easier to sell something to someone who has already bought from you in the past than it's to convince new customers to buy from you.

Fiverr is a good front-end offer for your funnel because of the low cost.

Let's look at an example of how this could work…

We'll use a report as the example for your Fiverr gig. You've written a report about how to do something that you're an expert about and you are selling it on Fiverr.

When someone buys that report, the next step is to get them to sign up for your email list so you can contact them directly. You might include a link to your blog or a website that offers more detailed information about the topic of the report within the report itself.

That website could have an "opt-in" (subscription) box where your visitors will sign in to receive additional information. Once they buy your email list, you will be able to contact them directly while not having to go through the Fiverr web site.

Note: This is a bit of a gray area. Fiverr's rules specifically say that buyers and sellers must only contact one another through the Fiverr web site, and are not allowed to share contact information so they will deal directly and bypass Fiverr (which, of course, means Fiverr wouldn't get their 200th cut of the deal).

You should ne'er try to "go direct" within the communication you have with your buyers, but including a link in a report that leads to your web site, where the visitor can sign in for your email list, is keeping the contact at arm’s length.

You want to make sure that you're not forcing people to sign in for your email list, which you actually offer extra value when they visit your web site. Look at it from the perspective of how a reviewer from Fiverr itself would see the transaction between you and your buyer.

This can be a powerful strategy, but you'll need to decide whether or not you're comfortable "bending" the rules this way.

Use Fiverr as a Launching point

While you can easily keep offering your gigs through Fiverr indefinitely, it's a smart idea to look at Fiverr as more of a launching point.

You can build your reputation, get some reviews and testimonials from your consumers and test out different offers. However in most cases, the gigs that you are offering for $5 on Fiverr would sell for more than that elsewhere.

Once you establish yourself, look for opportunities to sell your products and services in more profitable venues. Even if you only sell them for $10 instead of $5, you can double your profit from the same amount of work.