What is Fiverr, exactly?
Fiverr is one of the largest marketplaces for freelancers. Established in Tel Aviv, Israel in 2010, it has grown to be a major player in the freelancing market. Estimates put the number of services available on Fiverr at more than three million in 2012, a figure that has since increased.
Like other freelancing websites, Fiverr is a digital marketplace where freelancers can sell their services for money to anyone who is interested in paying for them. Since there is little to distinguish this platform from the rest, you may not notice any significant differences.
However, if you dig a little deeper, you’ll learn a lot about Fiverr’s business model and user interface. When compared to other freelance marketplaces, Fiverr does things a little differently. Gigs, the company’s term for these types of services, start at $5 and can be as expensive as you like. Once they realized that the model had its limitations, they allowed gigs to be sold for more than five dollars in the early days.
A look at the pros and cons of Fiverr.
The next section of our Fiverr vs Freelancer comparison is critical because it discusses the positive and negative aspects of the first platform, Fiverr.
Advantages of a Great User Interface
The user experience on Fiverr has been widely praised. Fiverr has a user-friendly interface that is simple to navigate and makes it a joy to use for freelancers. As a result, it received the 2018 Great User Experience Award. To put it another way, it makes it easy to get a hold of all the most useful tools.
Client Background Checks
You don’t have to do any client vetting with Fiverr. To free you up to focus on providing excellent service, Fiverr takes care of all of that for you.
Clients Approach You Directly.
As far as a way to supplement your income, Fiverr is unquestionably the most suitable option. No bidding, no nothing is required of you. Rather than bidding on every single project, you should focus on creating gigs and allowing customers to come to you.
The 20% Commission Conundrum: Fiverr vs. Freelancer
People around the world can earn money by providing services on Fiverr, which is primarily known for its fast and savvy services. A business that needs to make money, and so Fiverr charges its freelancers a whopping 20% commission on all of the money they earn on the platform. Fiverr charges a flat commission rate regardless of how much money you make.
It’s a little too buyer-centric for Fiverr at times. Sellers, for example, are not allowed to cancel a service once it has been purchased, which is unfair to the freelancer. Because of this, it can be difficult to manage your services as a freelancer and even hurt your rating if you don’t meet the deadline. Because of this, even if the buyer doesn’t respond to your message for hours, you cannot dissatisfy them because a bad review will have a negative impact on your future earnings.
Clients will have no contact with anyone outside of the company.
As a Fiverr employee, you are prohibited from contacting clients outside the platform. You could be suspended or even banned from Fiverr for life if you do so.
What does it mean to be a Freelancer?
After a few years of development, Freelancer.com was born in 2009. Its headquarters are in Australia, but it also has regional offices in London, Vancouver, and other cities around the world. With over 31 million registered users, it’s one of the most well-known online marketplaces for freelance services, according to its own statistics.
Both freelancers and employers trust Freelancer.com because of its stellar reputation. In addition, it is a leader in the field of freelancing websites and has even acquired a few of them in the past. It owns Scriptlance.com, Lime Exchange and vWorker among other things.
When it comes to Freelancer.com, there’s a lot to be excited about. It offers a steady stream of new jobs every day and is open to people with just about any skill set. Freelancer.com has enough work for everyone, whether you’re a content creator, a graphic designer, or a programmer.
The Advantages and Disadvantages of Working as a Freelancer
Professionals Contest Feature
Freelancer’s “Contest Feature” is a one-of-a-kind feature on the platform. Employers can post contests on Freelancer.com, allowing freelancers to compete. As a result, despite the fact that these competitions are extremely difficult to win, they provide a great opportunity for newcomers to get their foot in the door quickly. It will be easier for you to win future projects if you win a contest on the platform.
System of Bidding
Bids are sent to you based on your membership status. Consequently, you can receive up to eight bids per month with a free membership. You can have between 50 and 1500 bids per month if you upgrade to the paid membership. As an additional option, you can always purchase additional bids in exchange for the credit points you accrue during your freelancing career on the website. The fact that you don’t have to pay for bids is a huge perk.
Incentives for reaching milestones
Milestone payments allow freelancers to set their own payment schedules based on the amount of work they have completed. Only the freelancer has the authority to cancel a completed milestone. Disputed milestones can be refunded if a client is dissatisfied with the work provided by a Freelancer.com contractor. The client, on the other hand, is unable to cancel the milestone.
The High Cost of Subscriptions
This is a difficult task. Everything has a cost. There are five tiers of membership, with the lowest costing $0.99 per month and the highest costing $59.95. Membership plans differ in the number of bids and skills, the amount that can be withdrawn, the commission rate, and so on. As a result, it can be difficult for a freelancer to select the best option.
Amount of Quality Bids
Employers may benefit, but for freelancers, this is more of a bother. Using the bid quality score, a freelancer’s bids are judged on the basis of the quality of their proposals. To summarize, you must maintain a score of at least 76/100 or higher. You will be penalized if you fall below this standard.
Small Jobs Pay Big Commissions
A flat 10% commission or $5 is typically charged by Freelancer.com to freelancers. If you choose a Standard or Premium membership level, the commission rate is reduced. It charges $4 for the first and $3 or 3% for the second, depending on which is greater. Small-scale jobs, on the other hand, are clearly out of place on this platform.
Fiverr vs. Freelancer: The Best-Performing Skillsets of Both
It is undeniable that Fiverr’s original $5 policy still plays a significant role in determining which skills are best suited to Fiverr today. Instead, Freelancer maintains an open market where projects can be priced at whatever level they choose.
A look at some of the most common freelance jobs and recommendations for which platform might be best for each will conclude our Fiverr vs Freelancer comparison in this section.
Creating Graphics and Logos
You can start selling your services on Fiverr and Freelancer if you are an expert in designing logos or illustrations.
Depending on the nature of your work as a graphic designer, you may have to post multiple gigs or bid on projects (in the case of Freelancer). For example, you’ll need to create separate gigs and bids for social media profiles and cover photos, social media posts, infographics, brochures and flyers, photo editing, and so forth. ‘
Fiverr is a better option if you prefer simple and straightforward tasks. In contrast, freelancers are better suited to take on more intricate and time-consuming projects.
Fiverr vs. Freelancer: Content Creation
Writers are always in demand. Its significance cannot be overestimated. This is why Fiverr and Freelancer writing gigs take off so quickly. Sellers can charge higher prices because they have a distinct skill set, which translates to a higher profit.
A writer is an essential part of any company, no matter how small or large it may be. Writers are in high demand for a variety of reasons, so tailor your gigs and bids to meet those needs. A few examples include SEO writing, blog post writing, research article drafting and even ghostwriting an entire book!
Content writers do better on Freelancer than on Fiverr, according to this comparison. This is largely due to the latitude given to clients when describing their requirements for individual projects. Clients can only choose from the gigs that have already been put up by freelancers on the Fiverr platform.
Video Marketing Companies
Freelancer and Fiverr have seen an increase in demand for video marketing services in recent years. Animated and live-action videos are included in this category. Freelancers can expect to make anywhere from $299 to $17,000 depending on the project.
Fiverr is currently the most popular platform, but Freelancer isn’t far behind. This could be due to the fact that Fiverr has a large number of well-curated gigs that can be completed in a short period of time. When it comes to video marketing, Fiverr should be your first choice.
Developing websites and mobile apps
In addition to web and mobile app development, these services are in high demand on all freelancing platforms. These skills are being utilized by posting relevant gigs on Freelancer and Fiverr.
Freelancer, as opposed to Fiverr, has a high demand for web and mobile app development because it allows for in-depth discussions prior to the start of a project. Before any money is exchanged, both parties have a clear understanding of what they can expect from each other.
(SEO) and Social Media Marketing (SMM)
However, the truth is that SEO is still in high demand, and it’s one of the most sought-after skills on Fiverr and Freelancer. As an SEO expert, you can charge clients for keyword research, or you can offer them complete on-page and off-page SEO services, depending on the scope of the project. There’s no right or wrong answer.
Another hot skill on both platforms is social media marketing. On Fiverr, if you break down this skill into more manageable tasks like Facebook advertising and managing client pages, it may be more successful.
Due to the lower commission rates, Freelancer may be a better option if you plan to work on long-term projects.
Fiverr vs Freelancer: The Final Call
We’ve learned a lot today about the Fiverr vs. Freelancer debate, so here are some of the most important points.
Fiverr is a better option for those who want to make extra money without putting in a lot of effort in contacting clients.
Freelancer is a better option if you are good at sales pitches and enjoy finding new clients.
Fiverr has the advantage when it comes to micro-services, thanks to its fixed flat commission rate (20 percent ).
Freelancer’s variable commissions ($5 or 10%) per project give it an advantage if you plan to provide medium-to-large services.