Fiverr Review

About Fiverr

Fiverr is an Israel based company founded in 2010 by Shai Wininger and Micha Kaufman. With offices located both in New York and San Francisco, it is an online marketplace wherein one can avail or out-source freelance services. It is an online platform which is two-sided i.e. it helps freelancers and freelance contractors to sell and buy an array of digital services, thereby enabling employers to find workers and the freelance workers to easily get digital gigs like writing, graphic design, music and voice over related assignments, video editing etc.

The service that the sellers offer to the entrepreneur is called gig.

After its launch in the year 2010, this website soon became very popular and by 2012, there were approximately 1.2million to 1.4 million jobs that were hosted by the website. The mobile applications of Fiverr were re-leased in 2013 and 2014 for iOS and Android respectively.

Pros and Cons of Fiverr

Let’s enlist the pros and cons of Fiverr.

Pros of Fiverr

Wide range of services – Individuals having talent, can easily earn money by their choice of work. There are many categories available to choose work from, like writing, graphics, animation, music, editing etc. and those categories have many sub-categories too.

Millions of freelancers – Employers have a large pool of freelancers available to choose from, for their specific piece of assignment.

Affordable prices – Gigs starts from just $5 which the clients can easily afford to get their work done.

Easy to use Interface – Fiverr offers an easy to use and user-friendly interface on its website and mobile application, so that a person even with little or no technical knowledge can easily use the website and application.

Cons of Fiverr

Refund policy needs to be reviewed – When the client gets a refund for any service, he/she cannot send it to the bank account. The re-funded money remains in the Fiverr wallet and can be only used to get more services.

Reviewing service provider – There is a limitation wherein, one cannot review the service provider for all the online services. For instance, the individual cannot give a review to the service provider who cancels your service.

Key Features of Fiverr

Fiverr Review, Pros and Cons

Fiverr provides many salient features that are apt for both buyers and sellers. Some of the features are summarized below:

Transparency – Fiverr allows employers to see the work samples of freelancers so that the client can have an idea about the individual they are going to collaborate with. Also, they are able to access previous ratings, feedback, number of cancellation and jobs complete by the person.

Secure Communications – Privacy is the thing that no one wants to comprise on. So, Fiverr provides a private platform to both buyers and sellers where they can communicate securely about the project.

Payment protection – Sellers do not have to worry about the payment because of Fiverr guarantees for transferring the amount to the seller once the assignment is approved.

24*7 customer support – Company provides around the clock customer care service so that in case of an issue or glitch, expert help can be sought anytime.

Secure Private details – Fiverr ensure data confidentiality. Details of the employer are kept protected during the hiring process. Only that piece of information is given to the sellers that help them to know more about the entrepreneur.

Multipurpose Account – Here, one does not need to make different accounts for buying and selling of the services, as the platform lets its members sell and buy by using single account only.

Fiverr Technical Details

Compatibility – Fiverr is compatible with Windows, Android, iPh-one/iPad, Mac and Linux devices as well.

Customer categories – Since Fiverr is a platform in the form of a marketplace for both buyers and sellers, they have their customer base to cater to all types of businesses whether it is small, medium & large with freelancers willing to do their interest of work in their specific area of interest.

Deployment – All the data of Fiverr is deployed on cloud servers which ease the access to information for both the buyers and sellers.

Fiverr Fee Structure

Fiverr deals with both the buyers and sellers in terms of the fees they charge from both the sides. However, the charges are different. Sellers are charged flat 20% on a gig whatever the gig amount is. Afterwards, when the amount is transferred to the PayPal account, again a fee of 2% is levied on the sellers. Though, this processing fee doesn’t exceed $1.

On the other hand, if the transaction amount is less than $20, buyers have to pay only $1 and 5% of the total amount if the transaction is more than $20.

Fiverr Affiliate Program

Fiverr deals with both the buyers and sellers in terms of the fees they charge from both sides. However, the charges are different. Sellers are charged flat 20% on a gig whatever the gig amount is. Afterward, when the amount is transferred to the PayPal account, again a fee of 2% is levied on the sellers. Though, this processing fee doesn’t exceed $1.

On the other hand, if the transaction amount is less than $20, buyers have to pay only $1 and 5% of the total amount if the transaction is more than $20.

Our Verdict

Being in the market for about a decade, Fiverr has set up new benchmarks for themselves and their competitors as well. They have created a very simple, trustable and vast marketplace which is now not only a matter of earnings of millions of individuals but also a prime choice of the majority of professional employers who can easily give the assignment to their choice of a person without a physical meeting. Despite having some demerits and a number of competitors, Fiverr is constantly upgrading themselves in terms of quality service, security and technology as well. With the array of solid technical features coupled with the bunch of online services at the helm for both the freelancers and the clients, Fiverr is definitely recommended.