Fiverr is one of the most popular platforms for freelancing. Freelancing on Fiverr is easy and freelancers choose this gig platform to sell their services online to global buyers.
One can upload gigs on the platform and make money when they get orders. However, is Fiverr reliable in 2024? Can you make money from Fiverr in 2024?
Let’s find out.
The Growth of Fiverr
Back in 2017, Fiverr had a user base of 1.8 million. In 2022, the user base went up to 4.3 million. That’s more than double the user base. The service is continuously growing as more and more countries are getting digital.
Back in the day, only major countries had a freelancing lifestyle. Now, all the countries have so many people making their side income through Fiverr or freelancing.
Even if you think of the same number in the current year, it’s still a lot of people using the services.
Fiverr Algorithm: Can you get any orders?
In Google, if you can rank a website, your website will stay on the same rank till someone beats you.
That’s not how Fiverr works. On Fiverr, a search might give you different results even if you do it after a while. Fiverr takes a lot of things into consideration in ranking the gigs.
So, there are good chances that your Fiverr gig can rank.
Fiverr buyer Mindset
When it comes to Fiverr buyer mindset, all the buyers are always looking for a long-term worker.
So, the buyers on Fiverr are always looking to try out the sellers. If they like their service, they are more likely to continuously order from them.
There are a few buyers who are constantly buying something from Fiverr for their businesses. However, most buyers are only looking for short-term work where they are more likely to work with you for a couple of weeks or months.
Freelancing on Fiverr worth it?
You can make money on Fiverr in 2024. However, it’s only if you want to make a side income.
It’s not possible to make a full-time living from Fiverr in 2024. You will need to look for other methods to get clients.
Please note that we are not saying that you can’t make money from freelancing. Instead, we are saying that you can’t make money from Fiverr with so many competitors selling themselves at the cheapest rates available.
Fiverr is the game of cheap rates. Whoever sells their services at the cheapest rates wins the gig.
So, to stay on top of the game, you will always have to sell your services at the cheapest rates. This is not possible in the long term.
Therefore, we don’t recommend using Fiverr for a long time. You can always try different methods to make money freelancing. Freelancing on Fiverr is not sustainable enough.