Freelance Economy
Fiverr is an online marketplace for freelance services, and is shaping the future of work, every day, by shifting the freelance economy online. The Fiverr platform connects businesses with countless skilled freelancers offering digital services in over 400 categories. These services include graphic design, digital marketing, programming, video, and animation, to name a few.
It is the world’s most transacted marketplace for digital services. Buyers can choose from the world’s largest catalog of pre-packaged services without haggling over the service deliverables or the price! Originally on Fiverr, all services were $5 (hence the name!) However, Fiverr now enables prices of up to $500 for services from its freelance sellers. This means that buyers can benefit from a wider range of services, and won’t have to visit another platform within the freelance economy. And the sellers get an opportunity to make some more cash for their skills. Win-win for everyone.
The Future Is Freelance
In the past, a small business employer would have to employ multi-disciplined people. You needed people who could turn their hands to anything, especially in a small start-up business. The problem with this was that no one was a master in any one particular field. Now, with the freelance economy booming, you can hire an expert for the day or even just a few hours! You can hire who you want, when you want, and for as long as you want. This is where Fiverr comes in. It’s super easy to find an expert in any given field, see what their deliverables are, what their cost is, and reach out to them.
The great thing about Fiverr is that everyone leaves a review for their past work. Therefore, you can see feedback for each professional and make an informed choice before giving them a gig. Of course, communication is key and it’s important that you set down clear precise instructions before they start. Remember the freelancer will not be in the same building as you. You need to clearly define the expectations along with the outcomes!
That said, not being in the same building has its benefits. With the freelance economy now predominantly being online thanks to Fiverr, there’s a lot you don’t have to consider. No longer will you need to calculate employment costs such as office space, IT equipment, pension, and PAYE as part of your overheads. In summary, it is a very useful platform for anyone looking to work with freelancers. Its main competitor is People Per Hour which you can read about here.