Basics of creating a marketplace app like Fiverr - Freelance!

Unlike most other e-commerce marketplaces, Fiverr deals in selling and buying job work or tasks, a variety of digital services that typically offer something-to-do to freelance contractors. To understand it better, Fiverr is a global online marketplace for freelance services. Jb work is not subject to any specific industry or business or the demographics of people. Any person qualified to understand the task can pick and execute it, of course abiding by the prescribed deadlines and legal terms. If they are able to do it to perfection within the deadline, they are rewarded with ratings and reviews from clients; if not, they might be dropped in the long run. 

What is the purpose of Fiverr?

The Fiverr platform connects freelancers to people or businesses looking to hire. It has diverse listings from a well-designed business card to any database query or execution of a script. Fiverr empowers freelance developers, designers, test engineers, content writers, animators, consultants, and teachers, to offer digital services in 500+ countries. This platform lists buyer and seller profiles, listing pages, website navigation and search, online payments, reviews, communication tools, and administrator features.

The Fiverr marketplace is very complicated to build as it needs to add many features to fight out the fierce competition and carve out a niche in the marketplace. Buyers on Fiverr Marketplace may or may not be established businesses. This makes it even more complicated as every business has specific requirements for the job they post. They might want someone to work on a freelance or contractual basis, hourly or fixed rates might apply, and many modes of payment might be there. 

How to get started with Fiverr?

To start earning money from Fiverr, you need to create a freelancer profile and start offering services based on your skills and experience. People use this platform to find work from home based jobs. It allows them to work at their convenience with available resources. Users do not need to report or be accountable to anyone. They can be their own boss, and earn according to their capacity. Users can promote their freelance work services across LinkedIn, Twitter, Instagram, Facebook, or any other social media platform that they trust. Fiverr also escalates and encourages an affiliate program to earn commissions on referrals.

How to get a job on Fiverr?

Fetching jobs from Fiverr shouldn't be a hassle. A job poster or facilitator creates a freelancer profile, and start offering data entry services with keywords, title, and description to make it easier for the customers to find. Reach out to potential customers by searching the job link on their profiles. Also, promote your job on other social media platforms.

How Does Fiverr Like App Work?

Anyone can get registered on Fiverr. To be able to buy and sell, they need to create an account, list their jobs, use specific keywords, cold call clients, and promote it on other social media platforms (not mandatory). After completion of each job, Fiverr earns a flat 20% commission.

Popular Services:

  • Graphics and Design: Minimalist Logo Design, Illustration, Website Design, Architecture and Interior Design, AI Artists, Image Editing, T-Shirts, and Merchandise, Industrial and Product Design, Social Media Design
  • Digital Marketing: SEO, Social Media Marketing, Video Marketing, e-Commerce Marketing, SEM, Email Marketing, Music Promotion, Paid Social Media
  • Writing and Translation: Articles and Blog Posts, Translation, Ghostwriting, Proofreading and editing, Resume Writing, Website Content, Product Descriptions, Scriptwriting, Book Editing
  • Video and Animation: Video editing, Video Ads and Commercials, Animated Explainers, Character Animation, Social Media videos, E-Commerce Product Videos, Logo Animation, Visual Effects, 3D Product Animation
  • Music and Audio: Voice Over, Producers and Composers, Singers and Vocalists, Mixing and Mastering, Session Musicians, Songwriters, Podcast production, Beats, Sound Design
  • Programming and Tech: WordPress Developers, Python Developers, Shopify Developers, HTML and CSS Developers, Android Developers, Javascript Developers, iOS Developers, Wix Developers, Unity Developers.

Admin Panel

  • Sign in
  • Verification
  • User management
  • Dashboard
  • Payment management
  • Work time management
  • Data Analytics
  • Service management
  • Offering Discounts/Offers

How to Make Freelance Marketplace App like Fiverr?

Creating a marketplace like Fiverr needs a lot of hard work, a bit of research and planning, knowledge of the target audience, budget constraints, unique selling proposition, and user pain points that they wish to address.

What is the Business Model of Fiverr?

  • Freemium - Users can access Fiverr for free. It is available for free download on the play store. But they need to pay for premium features.
  • In-app benefits - It features advertisements and often promotes user profiles.
  • Subscription - Basic, premium, and enterprise subscription plans are available.
  • Transaction Fees - By charging a fee for every successful transaction from sellers. Usually, it is 20% of the freelance project.

What is Fiverr’s business model?

The Fiverr marketplace primarily makes money through commissions. They charge a 5.5% fee from buyers. Additionally, they can charge $2 for orders under $50. When the entire order completes successfully, they charge 20% of the freelance payout from the seller. This gives us an idea that for every sale on the Fiverr Freelance Platform, the company charges a 25% commission. Alternatively, buyers pay Fiverr in advance. Successful completion of an order, sellers receive 80% of the total order value.

How Much Does It Cost To build a Marketplace Like Fiverr?

It is often tedious and tiresome to develop freelancer marketplace like Fiverr. Most professionals/businesses/entrepreneurs seek help. Fiverr provides web and mobile app development services to companies or individuals who seek help. 

While it should be noted that the average minimum app development cost is between $5000 - $10,000 (US) but can go higher to reach $1,71,450.

  • Web App Development: $20,000 - $3,80,000 (US)
  • Android App Development: $100,000 to $500,000
  • iOS App Development: $100,000 to $500,000
  • Cross-Platform App Development: $90,000 and $700,000

Successful Alternatives to Fiverr

  • Upwork (For High-quality clients)
  • Toptal (For high-quality freelancers)
  • Truelancer (For low cost)
  • Outsourcely (For low fees)
  • Contentfly, Paperound, SoftwareSupp (For specialization)
  • Freelancer
  • Clickworker
  • WeWork
  • Upwork for Clients
  • Kwork
  • Wetroo

Concluding On the Right Note

Top website development companies rely on Fiverr for the right talent to develop their websites. Also, you can find someone who can accomplish an assignment for you. This will help you turn scattered feedback into productive teamwork. Freelancer marketplaces like Fiverr can simplify budgeting and manage with transparency.

Reach out to top mobile app development companies to build a freelance platform that allows you to stick to your budget, find the right service for every price point, and let you charge on project-based pricing. Plus it has some additional benefits of letting you pay when you’re happy and 24/7 support between buyers and sellers (job seekers and job posters).

Based on a range of features like app development cost for ios and Android, features and complexity, demographics, and timezones, flexibility and budget, and adoption of the latest technologies, mobile app development companies can look for Fiverr as their app development partner.