Just recently we uploaded a video training package to our membership site on how to make money with Fiverr. This wasn’t a training program that we personally developed but it looked pretty good so we purchased the rights to it. We watched it through and decided to test it out ourselves to see if there can be money made on Fiverr. So what you are going to read here is our personal case study.
What we wanted to do was add something that involved us only having to do the work once. We didn’t want to have to take action each time we made a sale because for $5 it really wouldn’t be worth it. I’ll get into what we did further along in this post but essentially if you really want to make the most out of Fiverr, you don’t want to spend an hour of your time making a measly $5. You want to maximize that $5 as much as possible.
So here are two ways that you can do that:
1. Create extra gigs for more money – In Fiverr, you can create a gig for $5 but you can also add extra gigs to that gig where you charge more for other services. So for instance, your $5 gig might be to write a 300 word article. Then under that gig you might add an extra service where you write a 600 word article for $10 and a 1500 word article for $20.
2. Do the work once -In this situation, you are usually selling a product of some sort. It might be an ebook, graphics, audio or plr content. So the work you do is upfront. You create the product (or purchase the rights to a product) and once the product is created there is no more work to be done other than to send it to the buyer.
Since we wanted to keep our workload down, we went with the second option.
The gig we created basically offered a pack of royalty free music which we had the rights to sell.
It probably took us about half a day to set it all up as we needed to zip the music up and upload it to one of our websites so the buyer could download it, We also wanted to make a short video with samples of the music because apparently Fiverr gigs with videos do better. And finally we needed to work out the wording, title and keywords for the Fiverr gig.
So we did the work once and from then on when a purchase is made all we need to do is spend about a minute or two responding to the buyer and providing them with a link to where they can download the music.
We published the gig on January 18. You can take a look here if you are interested. Almost immediately we had a sale. Okay, it was from someone we knew but it did get us excited. The day after we had a second sale, this time from someone we didn’t know.
As of today we have had 5 sales in total. Okay, we aren’t going to become millionaires from this but imagine if we had 10 gigs up there each making $5 every few days and what if we added those ‘extra’ gigs for even more income. We could potentially make $100 a week or more quite easily.
It’s important to note that we haven’t actually promoted this gig anywhere so the sales are purely from people searching for our gig in Fiverr.
Also this was just an experiment, we haven’t added any more gigs or extra gigs to our original gig. Maybe when we have more time we will add more. But in the meantime we just wanted to see if it works so that we can provide you with the result. So result of experiment – It can and it does work.
Overall, I really think there is money to be made in Fiverr. What are your thoughts? Have you tried it and had any success?