Now that you know how to describe your Gig, let’s talk about how to price your Gig. Start with a competitive price, and as you grow your business, you can always increase your costs.
First What Is Fiverr?
Fiverr is an online marketplace for freelance services. Founded in 2010, the company is based in Tel Aviv, Israel, and provides a platform for freelancers to offer services to customers worldwide. As of 2012, over three million services were listed on Fiverr.
How does fiverr work for freelancers?
A service offered on Fiverr is called a Gig. The service is offered by the Seller (freelancer), and bought by the buyer(employer) Five dollars is the popular starting price for offers on Fiverr. Before you are able to buy or sell anything you must first sign up.
When considering how to price your Gig, think about the following:
How long does the service take you to complete?
What is your time worth?
How much do your competitors charge for similar services?
Keep in mind, that your net revenue will be 80% of the purchased amount.
Check out what the average rate in the marketplace is for the service you’re offering to know how to price your Gigs.
2. Gig extras
Take advantage of Gig extras and offer extras in addition to your packages.
3. Customized pricing
Use the Custom Offer feature to generate specific Gig offers, tailored to your customers’ business needs.
4. Create price packages
Capture a larger audience by creating at least three packages at three different price points. Begin with a starting price and work your way up from there.
5. Optimize your business
As you grow your business and your reputation on Fiverr, it’s an opportunity to raise your rates to maximize your potential.
I hope you enjoyed the top 5 top ways to increase your earnings on Fiverr.com Keep Visiting Pulsenaija Your Preferred online Information System .