Categorized | make money online

Using Fiverr To Make Money: Part 3

Previously, we have seen how it is possible to make money from Fiverr by selling your services. But there are other ways that you can profit from this unique freelancing site and this is by being a buyer. While making a profit buying things may not seem very obvious at first, there are actually some ways that you can make this happen. Let’s take a look at some of these ways:

 

  • Buying Traffic and Social Media Promotion

 

Let’s say you have a product or service that you are selling online and could use some traffic to get some exposure for it. There are many sellers who offer social media promotion on Fiverr, such as sending out Tweets or putting a link to your website on their Facebook fan page. Many of these people have tens of thousands of Twitter followers or Facebook fans, meaning that your message will be seen by a lot of people. However, it is still important that you check the reputation of the seller, just to make sure that their fans or followers are actually real people rather than bots. You can do this by checking their feedback and seeing what others have left as comments about the service that they offered. Still, for just $5, you are getting a lot of potential exposure and are not risking a lot of money if you don’t get the results that you were hoping for.

 

  • Outsourcing Services

 

While I have mentioned it in another post some time ago, I will say it once again: there is a lot of profit to be made from what is referred to as “services arbitrage”. What does it consist of? Quite simply, you would sell your services at another place, such as an internet marketing forum and then outsource it to people on Fiverr for a lower price. So let’s say that you get paid $7 to write a 600 word article based on an offer that you’ve made on an IM forum. You would then outsource that article creation to someone on Fiverr and have them write it for $5. You keep the $2 difference as a profit. Sure, the $2 doesn’t sound like much, however this can quickly add up. So if you are outsourcing 10 articles a day, this can generate a profit of $600 a month. Not bad, considering the fact that you could spend less than an hour a day managing this.

 

Here again, the trick is to make sure that whoever you are outsourcing the work to will do a quality job so that you can maintain your reputation as being a provider that offers great services to your client. Check the seller’s past feedback to see if it is good and give them a small assignment to begin with. If you notice that they do good work and follow your instructions well, you can then send them more regular work and you will have found a great partner that you can outsource your work to.

Be Sociable, Share!

Leave a Reply

You must be logged in to post a comment.

make money onlineSubscribe To Our Latest Updates

Enter your email address to receive our latest articles:

Advertise Here
Advertise Here

Information