How to Start a Micro-Business on Fiverr

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On Fiverr, sellers offer goods and services at a price of $5, and buyers use PayPal to purchase these goods and services. The site acts as an international marketplace and intermediary, handling payments, handling disputes and collecting 20% ‚Äč‚Äčcommission on every sale.

On the one hand, you’re probably thinking, “What am I going to sell for four dollars?”. On the other hand, Fiverr is more complex (and offers more revenue potential) than the name suggests.

Outside of the active seller community on Fiverr, many people don’t know that Fiverr has a small but important series tier, and if you surpass the base tier of a new membership, you have the opportunity to earn five bucks.

The key to making more change with Fiverr is to become a first-tier seller, after which you can add additional content to the five-dollar show. There is also a second tier and then there are bestsellers selected by Fiverr, but entering the first tier marks a solid step towards more revenue through the site.

For example, if you want to provide article writing services, you can provide a 250-word article for $5, a 500-word article for $10, or any other option for three related articles for $20. We’re still talking about micro-enterprise, but it can be a good part-time job, especially for people who want to work from home and need flexible working hours.

All sellers must start with a five dollar show at no additional cost. You must stay on the site for 30 days and complete at least 10 orders to get the first level status; you should also maintain high ratings from buyers.

So we come back to this question: what are you willing to do to make four dollars? Some sellers create gigs much higher than the price tag, and the wait time reaches a higher level where they can reorganize their gigs and add additional content. But why not seriously consider this four dollar question?

Maybe there are small jobs that you like to spend some money on. What skills do you have? Which tasks are easy for you to complete quickly? Do you (or can you) have an eBook that teaches you valuable techniques that you can’t easily find elsewhere? You may have invested some time (like a website, Twitter account, or Facebook page) and can use it for Fiverr gigs.

My best advice is to find what you enjoy doing. When I signed up for Fiverr, I knew I wanted to do writing-related work, but I didn’t want to sit on the computer for a few hours and earn less than a cent per word. So I started coming up with some gigs that used my writing and blogging skills, but also involved buyers sharing writing tasks.

Whatever you decide to do, be sure to browse the different categories and listings on the website to learn about the products offered by other sellers, and be sure to take the time to check out the Fiverr forum (link at the bottom of the Fiverr homepage) and have some friendly chats with other sellers and great suggestions.

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