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'''Fiverr''' is a global online marketplace offering tasks and services, referred to as 'gigs' beginning at a cost of $5 per job performed, from which it gets its name. The site is primarily used by [[freelancer]]s who use Fiverr to offer a variety of different services, and by customers to buy those services. <ref name="TechCrunch Fiverr">{{cite news|title=Task-Based Marketplace Fiverr Raises $15M From Accel And Bessemer|url=http://techcrunch.com/2012/05/03/task-based-marketplace-fiverr-raises-15m-from-accel-and-bessemer/|accessdate=2012-05-04|newspaper=TechCrunch|date=3 May 2012|author=Leena Rao}}</ref>
'''Fiverr''' is a global online marketplace offering tasks and services, referred to as 'gigs' beginning at a cost of $5 per job performed, from which it gets its name. The site is primarily used by [[freelancer]]s who use Fiverr to offer a variety of different services, and by customers to buy those services.For example ,this is a seller who keeps a great track record in fiverr " http://www.fiverr.com/jovis545 " <ref name="TechCrunch Fiverr">{{cite news|title=Task-Based Marketplace Fiverr Raises $15M From Accel And Bessemer|url=http://techcrunch.com/2012/05/03/task-based-marketplace-fiverr-raises-15m-from-accel-and-bessemer/|accessdate=2012-05-04|newspaper=TechCrunch|date=3 May 2012|author=Leena Rao}}</ref>


Currently, Fiverr lists more than three million services on the site that range between $5 and $500.<ref name="Fiverr TNW">{{cite news|title=Fiverr helps get things done for as little as $5, raises $15m from Accel and Bessemer|url=http://thenextweb.com/insider/2012/05/03/fiverr-helps-get-things-done-for-as-little-as-5-raises-15m-from-accel-and-bessemer/|accessdate=2012-05-04|newspaper=The Next Web|date=3 May 2012|author=Robin Wauters}}</ref>
Currently, Fiverr lists more than three million services on the site that range between $5 and $500.<ref name="Fiverr TNW">{{cite news|title=Fiverr helps get things done for as little as $5, raises $15m from Accel and Bessemer|url=http://thenextweb.com/insider/2012/05/03/fiverr-helps-get-things-done-for-as-little-as-5-raises-15m-from-accel-and-bessemer/|accessdate=2012-05-04|newspaper=The Next Web|date=3 May 2012|author=Robin Wauters}}</ref>

Revision as of 00:54, 9 April 2014

Fiverr
File:Fiverr.com homepage.png
Type of site
Online Marketplace
Available inEnglish
OwnerShai Wininger, Micha Kaufman
URLfiverr.com
CommercialYes
RegistrationRequired

Fiverr is a global online marketplace offering tasks and services, referred to as 'gigs' beginning at a cost of $5 per job performed, from which it gets its name. The site is primarily used by freelancers who use Fiverr to offer a variety of different services, and by customers to buy those services.For example ,this is a seller who keeps a great track record in fiverr " http://www.fiverr.com/jovis545 " [2]

Currently, Fiverr lists more than three million services on the site that range between $5 and $500.[3]

About Fiverr

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. [4]

In January 2012, Fiverr launched Levels, a reputation-based promotion system. After sellers 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.[5]

Fiverr's intention is to bring a marketplace where people can create a business out of their hobbies.[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

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

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

References

  1. ^ "Fiverr.com Site Info". Alexa Internet. Retrieved 2014-04-01.
  2. ^ a b Leena Rao (3 May 2012). "Task-Based Marketplace Fiverr Raises $15M From Accel And Bessemer". TechCrunch. Retrieved 2012-05-04.
  3. ^ 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.
  4. ^ Fiverr Review – How To Make Money Online Using Your Knowledge And Skills, Branko Zecevic , April 17, 2013
  5. ^ Press Release (3 May 2012). "Fiverr Inks $15M". Private Equity Hub. Retrieved 2012-05-04.
  6. ^ Eric Pfeiffer (3 April 2012). "How Fiverr.com is changing the creative economy $5 at a time". Yahoo News Blog. Retrieved 2012-03-04.
  7. ^ Mary Pilon (16 March 2010). "What Will People Do for $5? Fiverr Lets You Find Out". Wall Street Journal. Retrieved 2011-04-10.
  8. ^ Tim Donnelly (7 February 2012). "Giving 'em five". New York Post. Retrieved 2012-03-19.
  9. ^ Brad Tuttle (13 January 2012). "Meet the Puppet Who Made $11,000 Last Year from Silly Online Videos". Time. Retrieved 2012-03-20.
  10. ^ 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.
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