How to Make Money on Fiverr [$5 Per Gig]

Today I'm sharing my interview with Vaughn Fry, a movie critic and Fiverr expert. When he's not working on his passion, he spends some time making money with Fiverr to help pay off his student loans.

Fiverr is an online clearinghouse for $5 service jobs. Vaughn has several services he offers, but he's had the most success with Twitter and Youtube backgrounds. If you're a freelancer and a piece of your service could be performed for $5, then consider Fiverr to market your services.

Make Money on Fiverr

What could you do for $5 on Fiverr?

As you'll learn in the interview with Vaughn, there are ways to make your work with Fiverr more efficient, and thus, more lucrative for you. Vaughn also lays out some tips and tricks for making the most of your time with Fiverr.com.

Listen to the Podcast – [PTM 020]

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Show Summary: How to Make Money with Fiverr

Vaughn had student loans that needed to be paid. So when a friend told him about this new site called Fiverr, where people offer their services for $5. He discovered he could do creative projects and be paid $5. The only problem was: He wasn’t really sure what he could sell for $5.

Since he had a degree in film production, he decided he could do some stuff with his movie review video series on YouTube, Vaughn on Movies. He offered ad space before his reviews or 30 days of advertising on his website—both for $5 each. Eventually, he added custom Twitter or YouTube backgrounds, and that’s when he was successful.

Vaughn’s custom Twitter and YouTube backgrounds were hot ticket items and became featured services on the Fiverr. The only problem was the amount of time it took to complete the full customization requests. Essentially, the service he was offering was too detailed for the amount of money paid. It took a lot of Vaughn’s time—an hour or more per job—and it wasn’t efficient.

Vaughn streamlined his process for creating the backgrounds. What once took him an hour, now takes him about 15 minutes to create. He also optimized the time he was spending communicating with customers and answering questions. He filmed a video with all of the important details his clients needed to know and he required them to view it before proceeding with a purchase.

Also, as a top seller and featured gig on Fiverr, Vaughn was also allowed to offer gig extras. So he would charge $5 for the background plus another $5 for its installation. There were times when he would charge clients $60 for a project because they added so many extras to their order.

Check out PT's interview with Vaughn Fry. Vaughn has been making money with Fiverr and shares all you need to know about it. Click to find out if Fiverr is a good way for you to make extra cash.

Over time, and as he continued to be listed as a top seller on Fiverr, Vaughn received a lot of celebrity clients—television and movie stars, athletes, beauty queens, etc. He was seen as an authority and people trusted him. All of these things contributed towards building Vaughn’s online reputation for his movie reviews and networking. He often negotiated with celebrities to follow him on Twitter and retweet one of his movie reviews in exchange for his services. Being a featured seller on Fiverr has been more valuable to him than advertising his site elsewhere.

Fiverr does make a 20% commission off every sale. So if Vaughn created a YouTube background for $5 and then charged an extra $5 to install it, he would see $8 on that project. As of late, he gets close to $100, with some weeks being slower than others. In his first year, he made close to $4,000.

Between being labeled as a “featured gig,” as well as jumping on Fiverr when it was becoming hot, Vaughn has found part-time money success. However, people who are working full-time probably would not be able to make $100 a day like Vaughn because of the amount of time needed to complete that number of projects.

For someone wanting to make extra money using Fiverr, Vaughn offered these tips:

  1. Try to have an attractive set-up for general instructions. Include something clever or funny.
  2. Include an attractive thumbnail and bright colors to get people’s attention.
  3. If you have something unique—even if it takes a little time to do—if you stick with it, you can probably make your processes more efficient and make good money using Fiverr.

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Last Edited: May 29, 2018 @ 2:45 pm
About Philip Taylor

Philip Taylor, aka "PT", is a former practicing CPA, blogger, podcaster, husband, and father of three. PT is also the founder and CEO of FinCon, the conference and community dedicated to helping other financial influencers and brands. He created this website back in 2007 to share his thoughts on money, hold himself accountable, and to meet others passionate about moving toward financial independence.

PT uses Personal Capital to keep track of his financial life. This free software allows him to review his net worth regularly, analyze his investments, and make decisions about his financial future.

PT keeps a portion of his emergency fund in Betterment, the automatic investing tool that makes investing super simple. Betterment focuses on what matters most: savings rate, time in the market, investing costs, and taxes. PT recommends this service to anyone looking to get started investing for themselves.

All the content on this blog is original and created or edited by PT.

Comments

  1. Background Check says:

     I must say that this was a very constructive and informative! @ http://tinyurl.com/7fnadk2

  2. Background Check says:

     I must say that this was a very constructive and informative! @ http://tinyurl.com/7fnadk2

  3. Philip Taylor says:

    I would go to the popular section of Fiverr and look at everything there.

  4. What kind of services sell best on Fiverr for a newbie?

  5. What kind of services sell best on Fiverr for a newbie?

  6. I love buying things on Fiverr.com. There are some great services that are offerred on the site, and there are definitely some diamonds in the rough that you can find….great people doing great work. I love the site.