Fiverr.com, a service where people buy and sell services for $5

What would you do for $5? Have some very interesting ideas? How interesting would be a marketplace where you can hock your $5 talent to others. It’s called, Fiverr its a service which allows you to buy and sell services for $5. You can buy and sell tasks at $5. As the name suggests, the website offers a place to sell and buy five dollar gigs.  buyers can leave feedback so others can find out if their five dollars was well spent. Tasks are divided into categories, including Funny and Bizarre, Social Marketing, Graphics, Writing,Technology, Business, Silly Stuff and Programming.

So why don’t you try it out? Register an account at fiverr.com and post your own $5 gig, and then list your job. If you find a buyer and then complete the job, they pay you $4 for each completed task, keeping $1 for themselves as a service fee. Fiverr just takes $1 off of the $5 fee, thats interesting rt? The more interesting thing is, Fiverr will pay you via paypal, you just need to update your paypal email address in your fiverr account to get the payment. Sellers must have accrued over $40 (10 sales) before withdrawing their funds via paypal.

Continued by Vishal Sanjay…..

No matter on what topic we discuss on, our Techgyo team which is pretty small consisting of only three won’t make a conclusion without a few hours of hardcore debating, today evening when Sreejesh came up with this both us had different views on this and our argument seemed to go on forever so we decided to contribute equally on this post.

Fiverr is a great service no doubt on that, but Sreejesh as been concentrating too much on it for the purpose of earning money which I disagree with because Fiverr is the site made for having fun and other silly things, you can very rarely find someone there who is serious about making money.

Just months after Fiverr got popular there were many more scripts which emerged which helped others to clone the service, with the help of this many sites such as Gigbucks took birth which looked and functioned the exact same way as Fiverr did, but the only thing was that it didn’t have the price restriction of $5, so this site got hold of those who were in the mood of making money and the buyers who were interested in serious business.

After their success two more similar services got started named Jobsfor10 and 7freelance, they all don’t have much to contribute as they are relatively new, but I think we must keep a close watch on them.

So now we can come to the conclusion that is your looking for fun, entertainment, silly stuff or just to show off your talent which Sreejesh loves to do, then there is nothing better than Fiverr, but for serious money makers like me Gigbucks is the best.

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