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How does Fiverr make money?

Last updated on September 24, 2022 @ 9:15 pm

Fiverr is a website that allows users to find and hire freelancers, or contractors, to complete tasks or projects. The website charges clients a fee for the services provided by the freelancers.

Clients can choose from a variety of services, including design, programming, writing, and marketing.

Fiverr makes money through two main sources: commissions and fees. Clients who hire freelancers on Fiverr are typically charged a commission for each job completed.

PRO TIP: Fiverr is a platform that allows freelancers to offer their services for $5. The company makes money by charging a 20% commission on each transaction. This means that if you sell a gig for $5, Fiverr will keep $1.

This commission is based on the price of the service being hired, as well as the number of hours worked. Fiverr also charges fees for certain services, such as registration and verification.

Overall, Fiverr is a popular website with a large user base. It has created a niche for itself as a go-to source for finding and hiring freelancers.

The site is easy to use and navigate, and has a wide range of services available. Clients can find the right freelancer for the job, and pay for the services in a straightforward manner.

Dale Leydon

Dale Leydon

Sysadmin turned Javascript developer. Owner of 20+ apps graveyard, and a couple of successful ones.