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How to make money on Fiverr
How to make money on Fiverr
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Resell the Services of Others
This section suggests acting as a middleman by reselling services from other Fiverr sellers. You can find buyers for services like analytical work, WordPress theme installations, and SEO writing, and charge them more than what you pay the Fiverr service providers. However, it warns about the limitations of this strategy, particularly with graphic services due to Fiverr's watermarking system to prevent misuse.
Bundle Services and Sell Newly Built Online Assets
This method involves creating and selling "turnkey" or starter websites. These are basic websites with minimal or no content, designed to be quickly set up and sold to buyers who lack the time or expertise to build a site from scratch. By ordering different components from various Fiverr sellers, you can assemble these sites and sell them at a profit.
Bundle Services and Sell Sites with Traffic
Building on the previous method, this technique involves not only creating a turnkey site but also stocking it with content and generating traffic before selling it. By hiring Fiverr sellers for design, content creation, and traffic generation, you can create a more valuable asset. The document suggests that such sites can be sold for significantly higher amounts, depending on the niche, target audience, and the site's performance.
Buy Services That Help You Buy Re-sellable High-Value Assets
This section discusses the potential for buying and selling high-value digital assets like domain names. It suggests using Fiverr to find virtual assistants who can identify valuable domains or other digital assets. Even if only a few of the assets found are valuable, the potential profit can be significant. The document highlights the importance of understanding the market and the conversion rates involved.
Resell Cheap Fiverr Services at Other Higher Value Locations
The final method involves buying low-cost services on Fiverr and reselling them on other platforms at a higher price. The key is to find platforms where people are willing to pay a premium for quick, reliable services. The document advises marking up Fiverr services by at least 50% to ensure profitability and to be mindful of the time spent on research and analysis
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