Fiverr is a marketplace for creative and professional services. It is a platform for freelancers to offer services to customers worldwide. As a musician, you can use Fiverr to sell your services and products.
Fiverr makes money by charging a commission on each transaction. For example, if you sell a song for $5, Fiverr will keep $1 as a commission. The commission is how Fiverr makes money and allows the company to continue operating.
First, it’s important to note that Fiverr takes a 20% commission on all sales made through the platform. This means that you will only receive 80% of the total amount charged for your services.
Second, Fiverr also charges a $1 processing fee for each transaction. This fee is deducted from your earnings, so be sure to factor it into your pricing.
Finally, Fiverr requires all sellers to provide a buyer with a gig description, audio samples, and other information before they purchase your services. This helps to ensure that buyers know what they’re getting for their money, but it also means that you’ll need to put some time into creating these materials before you can start selling on the platform.
In addition to the commission, Fiverr also charges a service fee. The service fee is a flat rate that is charged per transaction.
For example, if you sell a song for $5, the service fee would be $0.50. The service fee goes to Fiverr and is used to cover the costs of operating the platform.
As a musician, you can use Fiverr to sell your music, products, and services. By doing so, you can make money and help support the continued operation of the platform.
