Fiverr Canada: How To Make Money on Fiverr in 2022

In the past few years, many people have turned to freelance work. Millions of people work from home, and many of them don’t work for a company – rather, they work for themselves. Freelancing allows for the freedom of working on your own schedule and charging your own rates for the services you provide.

Many freelancers use websites like Fiverr, Upwork, and Freelancer to find jobs and clients. If you’re looking to make money online as a freelancer, you may be wondering how Fiverr works and how you can make money on the platform.

This Fiverr review covers how it works, how to sign up, how to make money, the fees, some pros and cons, alternatives to Fiverr Canada, and ultimately if it’s worth it.

What is Fiverr?

Fiverr is an online marketplace where you can buy and sell freelance services.

It is one of the world’s largest marketplaces for digital services, with over 3 million active buyers. Many freelancers price their work starting at $5, hence the name, and go up to $995 per project.

On Fiverr, you create “gigs,” which are services that freelancers deliver to a client within a specified time.

Freelancers can provide almost any service, like designing a brand logo, writing an article, or translating documents.

How Does Fiverr Work?

Sellers on Fiverr create “gigs,” where they choose their starting price point. They specify details of what they offer and can provide photos and work samples.

Sellers can go a step further and offer packages containing multiple pricing tiers and offer various personalized services.

For example, sellers can offer basic, standard, and premium packages with a slightly higher price point for each tier.

Buyers search Fiverr for the service they want. They can look through various seller profiles and choose the seller they’d like to work with.

Buyers place an order and pay in advance for the gig they want. When they place the order, they can discuss details with the seller and provide specifications. The seller will deliver the package within a few days or weeks, depending on the agreement.

How To Sign Up For Fiverr as a Freelancer

To become a freelancer, go to Fiverr.com and select “join” in the top right corner.

Enter your email address, then choose your username. Note that it cannot be changed later, so choose wisely.

Enter your password and click Join. You should receive an email to activate your account. Open it and click the activation link.

To activate your seller account, click on your profile picture and select “Become a Seller.” You’ll be directed to watch videos on how to use Fiverr as a seller, then read a few tips on what makes a successful Fiverr profile.

Fill out the mandatory fields during the onboarding process; then you’re all set! All that’s left to do is create your first gig.

How To Make Money on Fiverr

The most obvious way to make money on Fiverr is to create gigs. To go the extra step, create packages with multiple pricing tiers. You should offer a service that you’re good at and can either produce on a large scale, taking on multiple gigs per week, or sell for a high price point.

Getting your first few gigs on Fiverr may take a while, as you won’t have any reviews or previous experience on the platform. However, when you do, you can begin to make some good money. 

To maximize your earnings on Fiverr, you can add gig extras which add further value to your packages. This can include additional revisions, a fast turnaround time, and more to provide the best customer experience.

When you deliver great work to buyers, you increase your Fiverr seller level, which makes your profile stand out and attract more visitors.

Your seller level is based on great service, buyer satisfaction, and timely delivery.

The Fiverr seller levels are as follows: New Seller, Level 1, Level 2, and Top Rated Seller. Top Rated Sellers get the most orders and traffic to their profile.

Another way to make money on Fiverr as a beginner is to offer gig multiples, where buyers can purchase multiples of any gig you offer, increasing their order size.

You can also send offers to buyers by looking at what clients are searching for and tailoring your services to them.

This makes your gigs look more attractive and increases your reach on the platform.

Fiverr Jobs List

There are many types of Fiverr gigs, including:

  • Graphics & Design (logo design, website design, flyer design, etc.)
  • Music & Audio (voice-over, songwriting, audio editing, etc.)
  • Programming & Tech (WordPress, website builders, e-commerce development, etc.)
  • Business (sales, market research, project management, etc.)
  • Writing & Translation (proofreading & editing, book writing, translation, etc.)
  • Data (data processing, analytics, engineering, etc.)
  • Lifestyle (online tutoring, life coaching, fitness lessons, etc.)
  • Video & Animation (video editing, logo animation, book trailers, etc.)

You can view the full category list here.

fiverr canada review

How Does Fiverr Pay Freelancers?

Once a client places their order, freelancers get 80% of the funds.

These funds are held in their Fiverr account under a pending status for 14 days to ensure the buyer is satisfied with the work. After this time and once the client is satisfied, the funds are released for withdrawal.

Funds can be withdrawn through PayPal, a Fiverr Revenue Card, Bank Transfer, or Direct Deposit (US-only).

Fiverr Fees

For sellers, Fiverr takes a 20% fee from all orders. For example, if your service is priced at $5, you will earn $4.

For buyers, Fiverr charges a service fee per gig. They take $2 for gigs up to $40 and 5% for orders over $40.

Besides those fees, Fiverr is free to sign up and use for both Buyers and Sellers.

Is Fiverr Legit?

Yes, Fiverr is legit. There are over 3 million active buyers and 830,000 freelancers on the site. Fiverr offers customer support that will help with any issue, and they will get back to you within 24 hours.

Fiverr has an SSL certificate, so your personal and billing information is safe.

Buyers can find quality sellers as they can see the ratings, seller level, and reviews left by other buyers. If a service is not the same quality as advertised, buyers can report it to Fiverr.

Pros and Cons of Fiverr

Some advantages of being a freelancer on Fiverr include:

  • You can offer multiple gigs and work on a wide variety of projects
  • You don’t need to bid on projects as you do on other freelance platforms
  • Everyone starts in the same place on their first day, so you can work your way up
  • You choose the price of each gig, ranging from $5 to $995
  • You have the opportunity to challenge yourself and broaden your skills with the projects you work on
  • You can make some extra cash doing something you enjoy, on your own schedule

A few cons of being a freelancer on Fiverr include:

  • It can be quite difficult to get your first order and start making money, especially since you don’t have any profile reviews at the beginning
  • There is huge competition and many people selling the same services
  • Pricing is competitive, so you will need to stand out or undercut yourself as a new seller
  • Unless you have regular clients, there is no guarantee of steady work
  • Payment processing takes 14 days
  • Fiverr takes a 20% cut from every order

Fiverr Alternatives

Two of the most popular Fiverr alternatives include:

Fiverr vs Upwork

Upwork is one of the largest online freelance platforms, connecting freelancers to clients.

Upwork works a bit differently than Fiverr in that clients post a job description, and freelancers “bid” on it with connects and a proposal. Clients can chat, conduct interviews, and hire a freelancer.

You can get almost any job on Upwork. With over 2,500 skill categories, there is no shortage of jobs available. The projects can be short-term, long-term, hourly, or fixed-price contracts.

For freelancers, Upwork charges a fee per client based on your earnings:

  • Earn $0-$500 = ​​20% service fee
  • Earn $500.01-$10,000 = 10% service fee
  • Earn over $10,000.01 = 5% service fee

For clients, Upwork takes a 3% fee on all payments.

Here’s a detailed Upwork review.

Fiverr vs Freelancer

Like Upwork, Freelancer is an online platform that connects freelancers to clients. Freelancers bid on projects and, when chosen, work with the client to complete the project.

Freelancer has over 1,800 skill categories, with many jobs available for all skill levels.

Freelancers take a 10% or $3 USD fee (whichever is greater) on fixed-price projects for freelancers. They take a 10% fee on hourly projects.

Freelancer takes a 3% or $3 USD fee (whichever is greater) on fixed-price projects for clients. On hourly projects, they take a 3% fee on each payment.

Is Fiverr Worth It?

If you have the skills and are willing to work, especially at the beginning, Fiverr may be worth it for you.

It can take some time to get your first order, build up your reputation, and get reviews on your profile, but once you do, your profile will gain visibility, and you will start getting more clients.

If you put in the effort, you will reap the benefits later. However, you may need to undercut yourself as you’re starting out because there is a huge competition and many sellers offer the same services as you.

So, if you’re willing to initially do a lot of work for little pay, learn how to land clients, and build up your profile, you may do well on the platform and can start to charge more for your services as you get more orders.

Conclusion

Fiverr is a great way to make extra money as a freelancer if you’re willing to put in the work, especially at the beginning. There are tons of opportunities on Fiverr, so you just need to put yourself out there and figure out how to be unique.

The platform can be a lucrative side gig or even become your full-time job. If you’re considering becoming a freelancer or want to diversify your income streams, try offering your services on Fiverr.

Fiverr Canada Review FAQs

Can you make good money on Fiverr?

If you have the right skills and can deliver stellar service, Fiverr is a good way of making extra money. It may take some time to get your first gig and build up your profile, but once you start getting clients, you can earn some good money.

Is Fiverr good for beginners?

Fiverr is a great platform for beginners. It’s a good way to build a portfolio and learn how to manage clients and your time. You can price gigs starting at $5, so even if you’re a beginner, you can offer your services for a low price and go from there.

How can I make money on Fiverr without skills?

If you don’t have skills in the many job categories on Fiverr but want to get started with one, you can price your services low and gain experience after a few gigs. You can also offer services that don’t require much skills or experience, like beta reading, social media sharing, recording testimonials, or writing comments.

How does Fiverr make money?

Fiverr makes money by taking a 20% cut on all orders from sellers. They also take a service fee per gig from buyers – $2 for gigs up to $40 and 5% for orders over $40.

Related:

Fiverr Canada: How To Make Money on Fiverr in 2022

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Author

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Enoch Omololu

Enoch Omololu is a personal finance expert and a veterinarian. He has a master’s degree in Finance and Investment Management from the University of Aberdeen Business School (Scotland) and has completed several courses and certificates in finance, including the Canadian Securities Course. He also has an MSc. in Agricultural Economics from the University of Manitoba and a Doctor of Veterinary Medicine degree from the University of Ibadan. Enoch has a passion for helping others win with their personal finances and has been writing about money matters for over a decade. He has been featured or quoted in The Globe and Mail, Winnipeg Free Press, Wealthsimple, Financial Post, Toronto Star, CTV News, Canadian Securities Exchange, Credit Canada, National Post, CIBC, and many other personal finance publications.

His top investment tools include Wealthsimple and Questrade. He earns cash back on purchases using KOHO, monitors his credit score for free using Borrowell, and earns interest on savings through EQ Bank.

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