Good day!
Due to some recent global changes, some of my money streams were nerfed and now I am looking for more short-term pocket money.
I was always busy doing experiments here and there. Maybe sometimes even too much experimenting rather than scaling.
My experiments with selling services on Fiverr showed me some potential. Currently, it's my third Fiverr account.
I remember more than a year ago I watched a nice video from Hassan (one of my favorite YouTubers, at that time not so famous now more than 500k) so in that video, he said that if you are looking for some straight forward make money online methods you should look into selling on Fiverr. I decided I have to try since I was always skipping freelancing as I thought I want to develop businesses. However, with all the time I spent on affiliate marketing now I understand that freelancing is also a sort of business. Nowadays, I think of the Fiverr team as my partner who is in charge of running paid ads and my role is to optimize on-page, build strong creatives, manage clients and find winning products.
With my first F. account, I was selling large-scale google scraping. Basically, scrapping google for any keywords and providing the results to the buyer. I decided to start selling that particular product since I did not see any strong competition and I already had all the necessary software. I was pretty much surprised when after a couple of days I saw impressions and even clicks coming to my gigs page. At that time I was mainly doing various free traffic methods and I knew how hard it can be to generate targeted traffic that converts. So that was the first moment of time when I thought F. might have some potential. After a couple of weeks, I received my first order. In the beginning, I was excited, however, later, after another couple of orders, I realized that my costs are rather high, the client expectations are high too, the work consumes a solid amount of time and I am not really getting paid much. The whole thing seemed to me as a kind of slavery. I paused the gig and later used the account to spam an affiliate product on F. personal messages. The account was banned.
Time passed, I was doing other ventures and at some point, I started a new business that was about generating digital products and services using automation combined with manual labor (you can read more about that
here ). It appeared to be easy for me to build a recruitment funnel and build trust with workers, although I was searching for a way to sell my products. I thought that it would be harder to make a potential client trust an unknown website rather than a big marketplace and a well-known brand. That was the moment when I recalled myself to my previous Fiverr experiments. I decided to start drop-servicing from my own website to F. I listed the product on F. (once again it didn't have any strong competition) and the first order did not make me wait too long. That proved my initial hypothesis, not only did I realize that I can resell services on marketplaces but also I have proven that to myself in action. The second account almost reached level one seller status when it was banned. The ban reason was using the same docs as with the first account that was banned before [facepalm].
I decided that this series of bans is going to be a lesson for me and I will develop a skill to build F. accounts from scratch. I remember, earlier on BHW, I saw a post from a guy who said he was doing eBay for so long that he cracked the code of aggregators. After he understood how the keyword-results type of aggregators work (such a system is used by so many big players) he was able to develop a method that would work on any other similar website. I.e. he was successful on eBay and when he started youtube he was able to use the old methods to quickly reach impressive results. I made a concussion that if I take the journey on becoming successful on Fiverr I can gain some pocket money and also learn important skills such as how to find winning products, how to beat your competition, how to find suppliers, and how to pwn aggregators (which will later help me on any other journey and, I believe, even with google search ads).
Where I am starting from?
Currently, I have a level one seller account on Fiverr which I was not focusing too much on (only 1 paid review bought all time). These are the money stats for the last 3 months:
View attachment 205053
At the moment this account has only 3 gigs running
The recently found lucky product stats (gig #2)
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I should mention that this gig has
only 6 reviews and I am already
ranking on the first line, the first page. This is an example of good product picking. It did not cost me much to rank this gig. I dont even have proper creatives. Spent 15 minutes on gig info and only 1 image uploaded. LOL. Though, the disadvantage with this type of product is that sometimes the demand cap is pretty easy to reach. That's exactly what happened with my gig #1, it had some stable flow of orders but the overall demand was low, and when I decided to start increasing the price the clients vanished.
Now about gig #3
A couple of days ago I chose a product that has strong competition on F. and huge demand. I decided to give it a go. I am going to invest in proper creatives (texts, presentation video, reviews). I understand I will have to spend some money to be able to have my piece out of this pie but I believe it's worth testing.
These are the traffic stats for gig #3 first days (currently no serious text info optimization, no presentation video, no reviews) Adding this one so that we can return to this image in the future.
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What are my plan and strategy?
I am going to constantly scrape Fiverr for all the products and services that are being sold there and pick those juicy ones. Either small niches that are super easy to start and squeeze, or high-demand niches that require effort to rank but offer promising returns. Mostly, I am not going to complete any "services" myself. This means I plan to drop-service. Find talented people elsewhere on the internet and resell their work, use my own crowd-tasking-semi-automation platform and resell from there.
The goal
2000 USD per month in revenue.
Once I reach this goal I will see whether I want to continue growing Fiverr or build my own assets.
To be continued...
