Making money on Fiverr is one of the easiest ways to make money on the side. It doesn't require much time. And despite the name Fiverr suggesting it's all about making $5, you can actually make some high ticket sales on Fiverr as well.
In this post we're going to cover how to make money on Fiverr with some high ticket sales in the $300-$600 USD range, which will only take you a couple of hours (max) to do.
First of all, what is Fiverr? It's a site which originated as a marketplace where people were will to do different things for $5. For example, a voiceover, a drawing, a video, a translation, etc. However, it has evolved and progressed into a really cool marketplace which is now well beyond the $5 price tag. Many things that are sold there are in the $30 – $500 range.
Watch this video to learn how the high-ticket Fiverr model works (I do recommend a product at the end of the video, but you will get a great understanding of the high ticket model at the start of the video):
How To Make Money On Fiverr
So even though I was never a fan of Fiverr when it was mainly about the $5 products, I really like the Fiverr model now.
Some of the best things to sell are those which sell for $100+. It's just not worth your time to sell $5 items, unless you live in a country where the cost of living is very low.
But you definitely don't have to just settle for $5. Here are some things which you can sell to make money on Fiverr which will give you a lot more per hour of your time:
- “Explainer” style videos. Used in sales pages and website pages. They go for $30 – $50 USD per 30 seconds, typical video is 5 minutes so that's $300 – $500 per video. Takes about 2-3 hours to create.
- Whiteboard style sales videos. They are typically used in sales pages on websites. They sell for $20-30 USD per seconds. Takes 1-2 hours to create.
- Animated videos. Used in various places online. They go for $30 – $50 USD per 30 seconds, typical video is 5 minutes so that's $300 – $500 per video. Takes about 2-3 hours to create.
How do you actually create those videos? Well, there are software services which will help you do that. Even if you don't know anything about animation, you don't need to worry. You'll be able to learn how to create professional videos in 4-5 hours.
One of those sites that makes animation easy is Powtoon. It's as easy to use as MS PowerPoint. Of course, if you're completely computer-illiterate, it may be challenging. But if you know how to use a computer comfortably, you'll have no issues picking up Powtoon in a day by going through the tutorials.
Another service which you can use for Whiteboard-style videos is VideoScribe. It also is very simple to use.
Once you've got those tools, you can create a super-professional looking video in a couple of hours. And… you can sell it for $300-$600. Pretty cool, right?
Implement these steps to make money on Fiverr:
- Open a Fiverr.com account
- Search for “whiteboard video”, “explainer video” and “animated video”
- Explore the gigs that come up
- Analyze which ones have more than 30 “reviews” (watch out for little stars when you put the mouse over that gig)
- Shortlist 5-10 great gigs
- Create your own gigs based on the ones you've shortlisted
- Set up your profile similarly to how the profiles of shortlisted sellers are set up
- Done – wait for orders
Now… the “secret sauce” is that if you want to jump-start your traffic and sales, you'll need to build up a bit of reputation and history. What that means is you'll have to ask your friends or family to order your gigs through Fiverr. This is a little bit sneaky, but from my research this seems to be a normal thing to do. So you can adjust your price and make it $5 or $10 for those initial 5-10 orders from your friends. After you've had the orders, you'll need to ask them to leave you positive reviews. That will jump-start your profile, give you 5-star ratings and will give you sales numbers so your gig starts ranking.
Street Smart Profits Review
Now… as I was mentioning at the start of the post, my aim was to give you the full information about how to make money on Fiverr with the high ticket model. Hopefully you have a great understanding of that now.
I also said that I'd mention a product, “Street Smart Profits” which goes into a lot more depth about this method.
The product is put together by Nishkarsh Sharma. Nishkarsh is a top seller on Fiverr and this is exactly what he is doing, he's using the various types of animated videos and is selling lots and lots of those gigs.
The course consists of 14 high-quality modules. Run time is approximately 1.5 – 2 hours and the topics covered are:
- Overview / set up of your account for max profits
- 3 exact services to sell so you can charge $300+ per sale
- Case study showing a brand new account started in August 2016, and built up to $2,600 in that month of August 2016
- Which software to use to deliver the sales
- How to pay someone $20-$30 to do the videos for you (which you're selling for $300+ per sale)
- Tips on how to kick-start the traffic
The course is well-structured.
Street Smart Profits – Pricing
The course will go live on the 4th of October at 9am US EST time. The price will start at just $7. After the launch finishes on midnight the 6th of October, it will be priced at $17. Even at $17, it's still great value and shows some unique ways to make money on Fiverr.
Street Smart Profits – Upgrade Options
After you make the purchase of the course, you will have an opportunity to upgrade to these optional modules:
Upgrade 1: $67 – Done For You Campaigns. While not technically done for you (they don't make sales for you), you do get keywords they targeted themselves to get the sales, exact resources to use, exact gigs to set up.
Upgrade 2: $47 – How To Increase Profits. This is additional training showing you how to increase the profits you make per customer.
Upgrade 3: $27 – Professional presentation pack which will help you with branding if you're not very good at setting up your profile.
If you want to learn how to make money on Fiverr and decide to pick up Street Smart Profits through my link, then I will also provide you with the following bonuses:
Bonus 1: Snap Affiliate Profits – this is my previous course shows how to get traffic from Bing and convert it into sales using the affiliate marketing model.
Bonus 2: Snap Video Profits – this is my other previous course showing how I get traffic from YouTube and convert it into sales.
Bonus 3: Social Traffic Alchemy – this is my course on Facebook video ads and traffic. It's currently selling for $67 but you will get it at no cost if you grab Street Smart Profits through my link.
Bonus 4: 650+ Graphics Templates: my personal collection of best online marketing graphics which you can use. Includes editable templates for business cards, buttons, fonts, facebook covers, bullet points, ecovers, banners, header graphics and much much more.
How to get the bonus: please look inside the WarriorPlus membership area once you complete the purchase. You will see “affiliate bonus”. That will be it 🙂
What did you think?
I hope you found the information useful. What do you think? Have you had any experience with Fiverr? Did you find it useful? Please let me know what you think, I love hearing from you.