Web Development » Fiverr » How Does Fiverr Make Money Writing?

How Does Fiverr Make Money Writing?

Last updated on September 28, 2022 @ 11:10 pm

Fiverr is a great platform for freelance writers to earn some extra money. The site allows writers to set their own prices for their services, and then take a cut of each transaction. This means that Fiverr makes money by taking a percentage of each sale that is made on the site.

So, how does Fiverr make money?

The answer is simple – by charging a small fee for each transaction that takes place on the site. This fee is known as a ‘commission’, and it is how most online marketplaces make their money. By taking a commission on each sale, Fiverr is able to generate revenue and keep the lights on.

PRO TIP: Fiverr is a great platform for freelance writers, but it’s important to be aware of how the site makes money. Fiverr takes a 20% commission on all writing services, so be sure to factor this into your pricing. Also, be aware that Fiverr may sell your contact information to third-party companies, so you may receive spam or unwanted calls and emails.

Of course, Fiverr also makes money in other ways. The site charges fees for certain features, such as allowing buyers to request revisions or sending buyers messages. However, the vast majority of Fiverr’s revenue comes from its commissions.

In conclusion, Fiverr makes money by taking a small commission on each sale that is made on the site. This commission allows the company to generate revenue and keep the lights on. Additionally, Fiverr also charges fees for certain features, such as revisions and buyer messages.

Dale Leydon

Dale Leydon

Sysadmin turned Javascript developer. Owner of 20+ apps graveyard, and a couple of successful ones.