When it comes to making money online, sometimes it boils down to you creating a gig rather than applying for one. Fiverr is an online marketplace that provides freelance services. Freelancers of all trades can earn money by posting their high-quality services and gig extras to sell on Fiverr. These services commonly include graphic design, writing, editing, web development and more. No matter your service, you want to make sure you are maximizing your earning potential.
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How To Make $7,000 a Month on Fiverr
If you have a specific financial goal in mind when joining Fiverr, it might be helpful to model your journey after someone who has achieved it.
Mike Burton is a 37-year-old who made a very lucrative career writing original raps for businesses through Fiverr. On his success, Burton has said to CNBC, “Pay attention to what people seem to connect with.” He later added, “With music and hip hop, it changes so much that you’ll turn somebody off if you sound dated.”
Burton has been able to grow in his career and steadily increase his prices. He now charges around $65 per 30-second original verse and remains dedicated. “It’s still what I’m doing in my breaks, in my spare time, on my weekends, it’s never stopped,” he said.
Still working for Fiverr, Burton makes $7,000 or more per month.
If you want to make money on Fiverr, the first step is to pick your area of focus. Maybe you are great at writing or graphic design. Whatever your skill or passion, lean into it. The services you offer could have many potential buyers.
How much money you make on Fiverr depends on your skill level, customer service and how many hours per week you invest in Fiverr gigs. When you get started on Fiverr consider if you’d like this to be a full-time job or a part-time side hustle.
To increase your exposure to potential buyers, you can market yourself on social media. You could even cross-promote on other platforms like Upwork or FlexJobs.
Unique Ways To Make Money on Fiverr
Just like Burton did, you can carve your own path on Fiverr. Though gig culture can be a saturated market, if you find your niche, there is no telling how much money you can make with your own small business. Such fields as writing or graphic design may be Fiverr’s bread and butter, but that is not to say you cannot branch out.
Sometimes it helps to think outside the box. Here are some options to consider:
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Design eBook covers
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Start user testing
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Do sponsored web research
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Take pictures of landmarks in your area
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Make video testimonials
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Offer social media services
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Teach your niche hobbies
Check Out: 6 Cheap Hobbies To Start in 2024 That Will Make You Extra Money
Earning Potential on Fiverr
Your earning potential on Fiverr is truly dependent on you. Every dollar you make depends on what you bring to the table. Here are some factors that might impact your earnings:
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The fees you charge
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Your gig category
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Your talent level
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Any previous projects you’ve worked on
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The volume of projects you currently have committed to
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Your expertise in the field
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Your availability
While a lot of your earning potential depends on you, it helps to know how much you could make on average. Here are some estimates of hourly earnings from common Fiverr gig categories:
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Graphic Designer: Average hourly wage estimate can range from $25 to $100.
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Web Developer: Average hourly wage estimate can range from $50 to $250.
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Copywriter: Average hourly wage estimate can range from $40 to $90.
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Virtual Assistant: Average hourly wage estimate can range from $20 to $125.
Final Take To GO
As with many jobs or even passion projects, your effort and skill set directly correlate with how you are compensated. Whether you are looking to earn a little extra money on the side, or have a specific financial goal of making $7,000 per month, all options are possible on Fiverr. To maximize your earning potential it makes sense to heed Burton’s advice and “pay attention to what people seem to connect with.”
FAQ
Here are the answers to some of the most frequently asked questions about making money on Fiverr.
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Can you make good money with Fiverr?
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Yes, though how much money you make on Fiverr greatly depends on your skill level in your field. If you have the right skill set and can provide excellent customer service, you could easily earn some additional income. The schedule is also flexible as you choose which gigs you take so typically the more time and effort you put in, the more money you will make.
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How much do beginners make on Fiverr?
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Beginners on Fiverr typically make less than seasoned vets on the platform, however, if your gig category and customer support are well received, you can earn anywhere between $400 to $1,000 as a beginner within your first 10 orders.
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How much can you realistically make with Fiverr?
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As you are responsible for the work you put in on Fiverr, your talent level, portfolio of projects and availability will greatly affect your income potential. Here are some examples of estimates for popular fields on Fiverr:
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Graphic Designer: The average can range between $25 to $100 per hour.
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Web Developer: The average can range between $50 to $250 per hour.
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Copywriter: The average can range between $40 to $90 per hour.
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Virtual Assistant: The average can range between $20 to $125 per hour.
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Can I earn $1,000 from Fiverr?
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Yes, there is potential to earn $1,000 a month on Fiverr, even as a beginner. You simply have to create an account to get started and the money you make will depend on such factors as:
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Your fees
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Gig category
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Talent level
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Previous projects
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Volume of projects
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Expertise
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Availability
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This article originally appeared on GOBankingRates.com: I Made $7,000 a Month Taking Side Jobs on Fiverr — Here’s How You Can Too