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Is Fiverr Too Competitive?

Last updated on September 28, 2022 @ 8:28 pm

When it comes to online platforms that allow freelancers to offer their services, few are as well-known as Fiverr. And while the platform has been a great way for many people to start or grow their freelance business, some have found that it has become increasingly competitive in recent years.

So the question is, is Fiverr too competitive?

There are a few factors to consider when answering this question. First, it’s important to look at the overall number of freelancers on the platform.

As of 2019, there were over 12 million registered users on Fiverr – and that number is only growing. That means that there are more people competing for jobs on the platform than ever before.

PRO TIP: Fiverr is a very competitive marketplace. If you are not careful, you can easily get overwhelmed and lose sight of your goals. Be sure to set realistic expectations and stay focused on your goals.

Second, it’s important to look at the average price of services on the platform. While prices have always been low on Fiverr (hence the name), they’ve continued to decrease in recent years.

In fact, the average price of a gig has decreased by 33% since 2016. This trend is likely due in part to the increasing number of freelancers competing for jobs, as well as the growing number of buyers who are looking for bargain-priced services.

So what does all this mean? It’s hard to say for sure.

On one hand, the increasing competition on Fiverr could be seen as a good thing – it means that more people are able to find work that they’re passionate about. On the other hand, the decreasing prices could be seen as a bad thing, as it means that freelancers are making less money per gig. Ultimately, whether or not Fiverr is too competitive depends on your own personal experiences and opinions.

Conclusion:

ultimately, whether or not Fiverr is too competitive depends on your own personal experiences and opinions

Morgan Bash

Morgan Bash

Technology enthusiast and Co-Founder of Women Coders SF.