How to make money on Fiverr is a question that sounds like there must be a best kept secret out there, but there absolutely isn't. Fiverr offers different ways to make money. One that will surprise many newcomers to the Fiverr marketplace is how to make money on Fiverr as an affiliate marketer. Keep reading to find out!
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How to make money on Fiverr entails promoting Fiverr itself, and you're in luck because Fiverr gives you free top-notch marketing materials to do just that.
Most people merely picture this as promoting a myriad of products and services offered on the platform with direct links to sellers, a.k.a. freelancers. It is all the above. The Fiverr scene is a powerful model bound to gain in popularity in coming years.
While joining Fiverr as a
freelancer or even as a buyer can be a worthwhile way for you to learn how to make money on Fiverr, this post will focus on setting up shop as
an affiliate marketer - that is the go-between who helps to connect potential
buyers and sellers, and in the process earns commissions as a percentage
of the sales.
Fiverr was founded in 2010 as an online platform with prices starting at five dollars, for freelancers to list and offer their digital services.
Don’t be fooled by the moniker. Today, Fiverr is the world's largest marketplace for freelance services.
While the five-dollar concept may have been right on the money back in the early days (pun intended), nowadays skilled professionals and savvy digital entrepreneurs are as much part of the scene as freelancers hired to tell jokes for 5 bucks.
These days, it is no longer unusual for earnings on Fiverr to top 4 figures per month for some. Let’s first take a moment to go over why we believe Fiverr should be so high on your list of streams of income; then we will show you how to make money on fiverr starting today.
The pie that you want a piece of is an estimated $100 billion a year business by Fiverr’s own figures in North America, and valued at some $300 billion worldwide.
This global figure could approach $500 billion a year by 2024 spread over 190 countries where Fiverr is currently active, and using half a dozen languages so far. Virtually anyone can sort out how to make money on Fiverr.
The short of it is that buyers as individuals and businesses alike are all seeking competitively priced services to help with their projects.
Therefore, bringing freelancers and buyers together on this platform has made Fiverr tremendously popular and appreciated by all sides.
Fiverr is now the leading affiliate program in this field, with over 3 million digital services in more than 250 categories.
As an affiliate marketer here, you are spoiled for choice of things to promote. Anyone looking to make money on Fiverr will find that there are literally millions of gigs doing just that and encompassing all types of skills.
Types of freelance gigs include progamming-related work, websites (notably Wordpress), search engine optimization (SEO), social media, business and marketing services with both online and offline applications.
There is also writing for content, including ebooks and ghostwriting. As well, there is photography, video creation and editing.
In addition, you will find unique products like voiceover gigs and celebrity impersonation, along with sound and audio, illustration, graphic design, animation, etc. The list now even features traditionally non-digital services such as lawyers or session musicians.
Moreover, there are other takes on how to make money on Fiverr that are lesser known. The following is an outline of the different components offered.
- Fiverr Business is where managers match up the perfect pre-vetted experts with your project. What that means for affiliates is an opportunity to target higher-end buyers whose orders can sometimes amount to thousands of dollars.
- Learn From Fiverr is the part of the marketplace where affiliates can earn commissions on the sale of video courses where anyone - from aspiring Fiverr freelancers to the general public - can hone their skills in digital marketing, entrepreneurship, website building, social media campaigns, design, Photoshop, animation, and many more.
- AND.CO, the Fiverr in-house suite of business management software helps with task management, contracting, invoicing, tracking income and expenses, scheduling, etc. It is essentially an all-in-one app for all your business paperwork and today is already the choice of more than 400,000 users.
- Fiverr Elevate provides short business training videos on financing, facilitates company formation, business administration, taxes, retirement savings, or healthcare.
Businesses are basically armed with all the support and online amenities they can possibly need to run their operations efficiently - not to mention the option of hiring a personal virtual executive assistant on demand.
As an affiliate, you can showcase these tools to your audience touting the merits of Fiverr or introducing them to more in-depth applications on Fiverr. It only takes one click to put you within commission range.
In a nutshell, Fiverr affiliates are provided with a unique link to place on their communication platform (email, social media) or marketing content. If a user clicks on your affiliate link, you receive credit for the referral as long as it is a user registered on Fiverr within 12 months.
How much do you earn for the referral? The commission package is quite expansive. It’s advisable to just jump in with both feet and progressively get a feel for what is most advantageous according to what your interests are.
But to get a general idea of how to make money on Fiverr, the different commission options are outlined below.
Fiverr Cost Per Action (CPA) Commissions:
The CPA commission range is $15-$150 depending on what category your buyer purchases from. When a First-Time buyer (FTB) places a service order, you qualify for CPA commissions.
You can choose the Cost Per Action (CPA) option which rewards you once the buyer "takes action"; or, the Fiverr Hybrid option which gives you a fixed CPA commission, plus a percentage of the value of the order.
You make that determination based on the type of service. For example, an open order with possible revisions can lengthen the duration of a job and therefore expand the size of the order.
The $10 CPA + 10% Revshare is a fixed CPA per first-time purchase and 10% RevShare for 12 months.
If it is in the Fiverr Business category, it’s $100 + 10% Revshare for 12 months. So, as an affiliate, you can earn up to a $150 CPA for first-time buyers’ orders or up to $1,000 per sale with the $10 CPA + 10% Revshare hybrid model recurrent.
If you recruit Fiverr (sub)affiliates, you will receive 10% of every referred affiliate's earnings for a lifetime. For every course ordered from Learn From Fiverr, your commission percentage is 30%, and it’s 50% for orders in the AND.CO Pro plan. There is a 30-day cookie referral period to get credit on sales.
Read more on the Fiverr commission plan if you wish (for all the details as provided by the affiliate program guide).
Besides the abundant marketing materials given to support you in how to make money on Fiverr (email resources, video banners and even content for sharing, etc.) one notable feature is Fiverr's deep-linking.
Most
affiliate marketplaces give you a link merely to their product page.
With deep-linking, you are able to direct your audience to a specific
Fiverr product, service or freelancer's page that you are interested in
promoting.
Getting started as a Fiverr affiliate
How to make money on Fiverr as an affiliate is easier than ever as you may be starting to see. It’s also free and you can start to make money in no time. But first, you must be a registered user.
As soon as your new account is opened, Fiverr will send you an email to start you off on the right foot with the "Fiverr’s Affiliate Quick Start Guide". It gives you tips and tricks to succeed as a Fiverr affiliate and to maximize your earnings.
So, first things first, get registered: sign up for a new account.
Now that you’re ready to start earning, Fiverr will set you up with a variety of links, ads, video banners and other creatives that you can email to people; place on your website if you have one, on your Facebook page, etc.; and even on paid ads if you have the budget for that.
A definite benefit to you is that Fiverr also promote themselves heavily to generate brand awareness. Nevertheless, some of your contacts will be discovering Fiverr - and what the platform can do for them or their projects - for the first time, thanks to you.
This Fiverr promotional video explains how users earn commission by referring products and services - a good illustration of how to make money on Fiverr.
Side note: If
you already have a Fiverr account as a buyer or a seller, remember that
you need to open a different account to join the affiliate program (your
email address can be the same). See how to do that here: Get started as a Fiverr affiliate.
More good news on how to make money on Fiverr is that the Fiverr affiliate program approval process does not turn anyone down. And you can start even if you’re not sure what services you want to promote just yet.
Also, you can use Fiverr brand promotional links (and other "marketing creatives") to introduce your audience to services and start your snowball of commission earnings.
Need more info? Or want to hear it straight from the horse's mouth?
Go to the Fiverr's Affiliate Guide for all you need to become a successful Fiverr affiliate
Fiverr gigs cover almost every kind of skill and talent you can think of. There are literally hundreds of different job categories on the site! These are just a few of the best ones to promote.
Click on this page to take a look at the staggering number of categories and gigs offered. You’d have to live under a rock to not find something you can promote!
The pay range for these gigs goes from chump change up to thousands of dollars. Also, it’s not just tech whizzes who make money on Fiverr!
This 28-year old gal was recently featured in the media for having earned $350,000 in one year ghostwriting for various projects. Check it out here.
Or watch her on this video, describing in her own words her journey from a $40,000 a year job she could not stand, to buying her mom a house, in cash!
This may appear atypical as far as how to make money on Fiverr,
but manifestly, non-techies have a place on the platform, and they too are making
serious dough!
If social media is your area of predilection, there are individuals or businesses waiting to be introduced to freelancers capable of taking care of their social media operations and campaigns.
As a Fiverr affiliate, all you need to do is put the two parties in contact, or simply bring new buyers into the Fiverr sphere through your affiliate links, and Voilà ! You earn commissions! Perhaps you’re starting to see the potential.
Fiverr Affiliate Program: Final Thoughts.
The Fiverr affiliate program is one of the top and easiest online opportunities, and how to make money on Fiverr is still very much unknown to the masses. Unlike most affiliate programs, it doesn’t even require participants to have a website.
Another reason Squarecubic is putting the spotlight on this is because of the general consensus that Fiverr is geared to grow exponentially in the next 5-10 years, with very few competitors in this arena.
The closest of them, Upwork, is not nearly as potent and does not have an affiliate program at the time of this writing. All the more reasons why it makes sense to jump in early and learn how to earn as much as possible on this platform.