Fiverr
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This article appears to be written like an advertisement. (September 2012) |
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| Web address | fiverr.com |
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| Slogan | Buy. Sell. Have fun. |
| Commercial? | yes |
| Type of site | Online Marketplace |
| Registration | Required |
| Available language(s) | English |
| Owner | Shai Wininger, Micha Kaufman |
| Launched | February 2010 |
| Alexa rank |  196 (January 2013[update])[1] |
| Current status | Active |
Fiverr, stylized as fiverr, is a global online marketplace offering tasks and services, referred to as 'gigs' and micro-jobs beginning at a cost of $5.00U.S. per job performed. Entrepreneurs and freelancers use Fiverr to offer more than 324 services categorized in 13 categories and 115 sub-categories. Customers needing services can use Fiverr’s search or surprise me functions to find and commission services directly through the site.[2]
Currently, Fiverr lists more than 1.3 million services on the site that range between $5 and $500.[3]
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About Fiverr[edit]
The site was founded by Micha Kaufman and Shai Wininger in 2009 with the aim of providing a platform for people to buy and sell a variety of small services typically offered by freelance contractors, such as writing, graphic design, and programming. Fiverr operates in more than 200 countries and brings in revenue by taking a 20% commission from each sale that is made through their platform. The service provides its users in return a place for them to connect; the ability to communicate; the facilities to send and receive files; and the platform to make and accept payment, as well as providing support for buyer and seller disputes.[4]
In January 2012, Fiverr launched Levels, a reputation-based promotion system. After sellers successfully complete at least 10 transactions, they unlock advanced tools to offer add-on services and increase the value. Now, close to 50% of the services offered on Fiverr sell for more than $5. Approximately 15% of the sellers consider Fiverr a primary source of income. [5]
In an interview with Yahoo!, Kaufman stated: "The grand vision of Fiverr is really to create a marketplace where people can create a business out of their hobbies. Similar to the revolution that eBay brought to products."[6]
The website was launched in February 2010 and by 2012 was hosting over 1.3 million gigs.[7] The website transaction volume has grown 600% since 2011. Additionally, Fiverr.com has been ranked among the top 200 most popular sites in the U.S. and top 200 in the world since the beginning of 2013.[3]
On May 3, 2012, Fiverr secured US$15 million in funding from Accel Partners and Bessemer Venture Partners, bringing the company's total funding to US$20 million.[2]
Function of Fiverr[edit]
Fiverr facilitates the buying and selling of "gigs" or micro-jobs online. More than 1.3 million services are available on the site that range from funny and quirky to business micro-services. For example, advertised services have included "to sing while holding a sign with your company logo" and "to receive travel tips for visiting Paris" in exchange for a fixed US$5 fee. The services on Fiverr have been fairly diverse with such items for sale as include celebrity impressions, marketing tips, and custom printed guitar picks.[8]
About Fiverr Levels System[edit]
In January 2012, Fiverr launched the Levels system. This feature enabled more sellers to earn additional sales using tools which were previously available to a selected group.[9]
Fiverr has three "Levels": Level 1; Level 2; and Top Rated Seller.[10]
Once sellers move up a level they gain the following sales tools:[10]
- Gig Extras which enable sellers to add-on services to their gig at an additional cost (up to $100).
- Multiples which enable buyers to order more than one gig at a time.
See also[edit]
References[edit]
- ^ "Fiverr.com Site Info". Alexa Internet. Retrieved 2012-08-02.
- ^ a b Leena Rao (3 May 2012). "Task-Based Marketplace Fiverr Raises $15M From Accel And Bessemer". TechCrunch. Retrieved 2012-05-04.
- ^ a b Robin Wauters (3 May 2012). "Fiverr helps get things done for as little as $5, raises $15m from Accel and Bessemer". The Next Web. Retrieved 2012-05-04.
- ^ Fiverr Review – How To Make Money Online Using Your Knowledge And Skills, Branko Zecevic , April 17, 2013
- ^ Press Release (3 May 2012). "Fiverr Inks $15M". Private Equity Hub. Retrieved 2012-05-04.
- ^ Eric Pfeiffer (3 April 2012). "How Fiverr.com is changing the creative economy $5 at a time". Yahoo News Blog. Retrieved 2012-03-04.
- ^ Mary Pilon (16 March 2010). "What Will People Do for $5? Fiverr Lets You Find Out". Wall Street Journal. Retrieved 2011-04-10.
- ^ Tim Donnelly (7 February 2012). "Giving ’em five". New York Post. Retrieved 2012-03-19.
- ^ Brad Tuttle (13 January 2012). "Meet the Puppet Who Made $11,000 Last Year from Silly Online Videos". Time. Retrieved 2012-03-20.
- ^ a b Jakk (12 January 2012). "Fiverr outs new Levels feature, aims to aid user buying decisions and reward sellers". technologyblogged. Retrieved 2012-03-19.
External links[edit]
- Official website
- Fiverr CrunchBase
- Interview with Fiverr Seller , Christopher Walken Impersonator Phones It In For A Living, By Lisa McDivitt, 2012/03/19, NY1 News
