When it comes to making money online, there are a lot of different ways to do it. You can start a blog, create an ecommerce store, or even offer your services as a virtual assistant. However, one of the most popular ways to make money online is through freelancing platforms like Fiverr.
Fiverr is a website where people can offer their services for $5. These services can be anything from writing articles to creating graphics to even recording videos. And since there are so many different services that people can offer on Fiverr, there’s a good chance that you can find something that you’re good at and can make some extra cash from.
However, as popular as Fiverr is, there are still some people who are unsure about how it works or whether it’s worth their time. If you’re one of those people, then this article is for you. Below, we’ll go over everything you need to know about Fiverr so that you can decide if it’s something that you want to try out.
How Does Fiverr Work?
Fiverr is pretty simple to understand. Essentially, it’s a platform where people can offer their services for $5. So if you need a logo designed or if you need someone to write an article for you, then you can go on Fiverr and find someone who can do it for you.
Now, when we say that someone can do it for $5, that doesn’t mean that they will only get paid $5. In fact, the person who is offering the service will actually make more than $5 because Fiverr takes a 20% commission on all of the services that are sold through their platform. So if someone sells a $5 service, they will actually only get paid $4 after Fiverr takes their commission.
As for the people who are buying the services, they don’t have to worry about anything other than paying for the service that they want. When you buy a service on Fiverr, the money doesn’t go directly to the person who is offering the service. Instead, it gets held in escrow by Fiverr until the job is completed to your satisfaction. Once you approve of the work, then the money will be released to the seller.