Friday, 15 November 2013

Make Easy Money With Fiverr By Doing Stuff That You Love

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Fiverr, stylized as fiverr, is a global online marketplace offering tasks and services, referred to as 'gigs' beginning at a cost of $5 per job performed, from which it gets its name. The site is primarily used by freelancers who use Fiverr to offer a variety of different services, and by customers to buy those services. It effectively acts as microtask marketplace.
Currently, Fiverr lists more than 1.3 million services on the site that range between $5 and $500

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The site was founded by Micha Kaufman and Shai Wininger in 2009 with the aim of providing a platform for people to buy and sell a variety of small services typically offered by freelance contractors, such as writing, graphic design, and programming. Fiverr operates in more than 200 countries and brings in revenue by taking a 20% commission from each sale that is made through their platform. The service provides its users in return a place for them to connect; the ability to communicate; the facilities to send and receive files; and the platform to make and accept payment, as well as providing support for buyer and seller disputes.

In January 2012, Fiverr launched Levels, a reputation-based promotion system. After sellers successfully complete at least 10 transactions, they unlock advanced tools to offer add-on services and increase the value. Now, close to 50% of the services offered on Fiverr sell for more than $5. Approximately 15% of the sellers consider Fiverr a primary source of income.

In an interview with Yahoo!, Kaufman stated: "The grand vision of Fiverr is really to create a marketplace where people can create a business out of their hobbies. Similar to the revolution that eBay brought to products.

The website was launched in February 2010 and by 2012 was hosting over 1.3 million gigs. The website transaction volume has grown 600% since 2011. Additionally, has been ranked among the top 200 most popular sites in the U.S. and top 200 in the world since the beginning of 2013.
On May 3, 2012, Fiverr secured US$15 million in funding from Accel Partners and Bessemer Venture Partners, bringing the company's total funding to US$20 million.
Function of Fiverr

Fiverr facilitates the buying and selling of "gigs" or micro-jobs online. More than 1.3 million services are available on the site that range from funny and quirky to business micro-services. For example, advertised services have included "to sing while holding a sign with your company logo" and "to receive travel tips for visiting Paris" in exchange for a fixed US$5 fee. The services on Fiverr have been fairly diverse with such items for sale as include celebrity impressions, marketing tips, and custom printed guitar picks.
About Fiverr Levels System.

In January 2012, Fiverr launched the Levels system. This feature enabled more sellers to earn additional sales using tools which were previously available to a selected group.
Fiverr has three "Levels": Level 1; Level 2; and Top Rated Seller.

Once sellers move up a level they gain the following sales tools:

>Gig Extras-which enable sellers to add-on services to their gig at an additional cost (up to $100).

>Multiples-which enable buyers to order more than one gig at a time.
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