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Your opinion on the viability of a 2 dollar Fiverr???

by aceshigh888
33 replies
Your opinion on the viability of a 2 dollar Fiverr??? So instead of 5 it would be just 2 bucks only.

My thought was to offer the ability for upgrade options potentially so the seller could make more money that way but their existing offer has to be for just 2 dollars.

I was thinking this could be a good idea as I like fiverr but in all honesty I find that when I want to do those jobs I really don't want to even pay 5 bucks. I think many of them could be done for 2 bucks.

Do you think it's worth doing?
#dollar #fiverr #opinion #viability
  • Profile picture of the author Sandra Martinez
    what services are those you are not willing to pay 5 bucks, for being too expensive?
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  • Profile picture of the author geek1659
    Have used Fiverr with mixed results. Still $2 might be a way to check out the service provider for yourself. That way you don't have to rely on testimonials
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    • Profile picture of the author JohnMcCabe
      I see such a site attracting two kinds of provider and one type of customer.

      Some providers will be the bottom feeders who can't compete at $5, and will settle for $2 (less your cut, of course).

      Some providers will be bait-and-switch artists, advertising what on first look will be a bargain sample service. Much like some of the come-hither WSOs people love to bitch about, the initial offer may be technically accurate but worthless without the more expensive add-ons.

      The customers you would attract will be the people too cheap to try Fiverr.

      Stir those together, add in the aggravation of dealing with both sides for peanuts, and it sounds like a perfectly lousy idea to me. For the providers, the customers and the owner...
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      • Profile picture of the author aceshigh888
        Originally Posted by JohnMcCabe View Post

        I see such a site attracting two kinds of provider and one type of customer.

        Some providers will be the bottom feeders who can't compete at $5, and will settle for $2 (less your cut, of course).

        Some providers will be bait-and-switch artists, advertising what on first look will be a bargain sample service. Much like some of the come-hither WSOs people love to bitch about, the initial offer may be technically accurate but worthless without the more expensive add-ons.

        The customers you would attract will be the people too cheap to try Fiverr.

        Stir those together, add in the aggravation of dealing with both sides for peanuts, and it sounds like a perfectly lousy idea to me. For the providers, the customers and the owner...
        you got a good point, that's why I posted it on here before wasting much time on it
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      • Profile picture of the author asiriusthoth
        ha ha, that was my thought exactly. It's hard enough to make money on fiverr, but just profiting on gigs. The people I know how actually make fiverr work for them, are the ones who can turn the people who purchase a single gig into a long standing customer on their on website.

        I have had some success on this. One of my highest paying customers was a person who ordered a single gig on fiverr from me about 14 months ago. Some people use fiver to "test the waters"...

        Originally Posted by JohnMcCabe View Post

        I see such a site attracting two kinds of provider and one type of customer.
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  • Profile picture of the author tpw
    Why? Why would a seller use your $2 site and make $1.40, instead of using Fiverr where they can make $4 per gig?
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  • Profile picture of the author masterjani
    Lowering the costs will attract many buyers but it is hard for them to get quality service for that much price, because sellers will lesser the quality to get more orders. At first, it might work, but you need to find a way to get same attention in the long run.
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    • Profile picture of the author jenki1
      I think $5 is about as low as you want to go to at least earn a bit of a profit.
      Remember if you are not happy with what they produce you don't have to pay for it.
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    • Profile picture of the author ae2080
      It's worth a shot. As long as you can find people willing to sell their services for $2 initially, which I am sure you can, you will be able to compete with Fiverr!
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  • Profile picture of the author Stuart Walker
    It's a race to the bottom. Seriously what quality of work can anyone provide for $2...or probably less once you've taken your piece of the pie.
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  • Profile picture of the author higherluv
    If such a site existed I don't think I would bother. Who would give a good gig for just $2 when they can get it at fiverr for 2.5 times more?
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    • Profile picture of the author ae2080
      I am sure everyone thought the same thing with Fiverr as well, and there are a lot of great gigs on there.
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  • Profile picture of the author TheInfoMarket
    Once you take the payment processing fees into account, a $2 version of fiverr just doesn't sound feasible.
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  • Profile picture of the author mojojuju
    twoer? .
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    :)

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  • Profile picture of the author domainscience
    Fiverr is hit or miss.
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  • Profile picture of the author Marhelper
    How about FREER ... everyone works for free and the owner of the site gets all the profits?
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  • Profile picture of the author manicmethods
    Stop trying to copy something that's working to make money. Think a little outside the box.

    There are sooooo many people who have attempted to 'clone' Fiverr and then simply change the price.

    What makes you think that you can do better than all these others?

    Just try and think a little more outside the box, come up with something that makes you unique (besides the price).
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  • Profile picture of the author CindyPink
    the ones who will try your $2 dollars for sure are those who will not likely to succeed.
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    • Profile picture of the author AprilCT
      This doesn't sound like a good idea. Minimum wage in the US is $7-something in most places. A provider would have to average 6 gigs an hour to make any kind of money.
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  • Profile picture of the author Randall Magwood
    Well... if you can sell a $2 gig, then upsell them to a $500 package... more power to you.
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    • Profile picture of the author John Romaine
      Originally Posted by Randall Magwood View Post

      Well... if you can sell a $2 gig, then upsell them to a $500 package... more power to you.
      Anyone with a budget of $2, is certainly not going to be interested in a $500 "upsell".
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  • Profile picture of the author JasonBennet
    I personally feel that $5 is already very cheap already. If the price is even lower, there will be not much money for the merchant to make money.
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  • Profile picture of the author Gengis
    $5 is pretty low already in my opinion. I'm not sure a $2 model would ever work successfully but since i have never done it all i can tell you is if you really want to do it.. Do it!
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    • Profile picture of the author JohnMcCabe
      Originally Posted by Marhelper View Post

      How about FREER ... everyone works for free and the owner of the site gets all the profits?
      Or he could keep the price at $2, but make the providers anonymous.

      Then he could say he runs a $2 WHO-ER...:p
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      • Profile picture of the author fluffythewondercat
        Originally Posted by JohnMcCabe View Post

        Then he could say he runs a $2 WHO-ER...:p
        Groan! (I'm guessing some people aren't going to get that one.)

        I guess I'm just puzzled this thread has gone on this long. OP, why would you even be considering any business opportunity that doesn't have a clear and promising path to profitability for you?

        That's always the first thing I look for. How do I make money out of this?

        fLufF
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  • Profile picture of the author writeaway
    This might make sense for pre-packaged or template-based services. Also, automated services. However, for custom services, I think this idea would just match cheapo customers with scammers. Quite a lethal combination since you'll be spending most of your time trying to put out fires-for chump change.
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  • Profile picture of the author onegoodman
    There is $1 fiverr like site, $2, ... and probably every number you can imagine, if you didn't hear about they yet, I guess that is for a good reason lol.

    You need more than numbers to compete with fiverr, you simply need something new that people want.
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    • Profile picture of the author ttenner
      Hi,

      I would encourage new players in this market but if you are really seriously want to be in it for the long term and offer your customers good value then a $2 business/gig would not be sustainable to you as a business.

      1) PayPal Fees (3.9% + $0.3) = $0.37 for each $2 gig
      2) PayPal Mass payment fees 2% on $1.6 => $0.03
      3) Left for you: $2 - $1.6 - $0.37 - $0.03 => Exactly $0

      Note: I'm aware that you can lower some of these costs but at least this gives you a figure to play with -> in some countries as a business you would need to pay VAT as well

      Happy to help you further in setting this up

      Thomas
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      • Profile picture of the author Newbieee
        No its not a good idea to me, thats my opinion though.

        Dont think it will work.
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  • Profile picture of the author seobro
    Well, that is super max. Bro a $2 fiver - perhaps you can post a pic of a two dollar bill with Andrew Jackson's face on it. Five dollars add up fast when you are testing people to see how good they are. This idea is Alpha Centauri awesome. What a bold new super nova. Hey, it is the long ball home run. Time to jump in is now.
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  • Profile picture of the author rmolina88
    I'm still waiting for someone to make 50cent-er.
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    • Profile picture of the author Newbieee
      Originally Posted by rmolina88 View Post

      I'm still waiting for someone to make 50cent-er.
      Someone beat u to it.
      Its was already called FREEer. haha

      Okay but not to joke to the extend of disrespecting the writer of the OP.

      Just some laugh here ok?
      No offends.
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  • Profile picture of the author John Romaine
    I'm going to start a site called thousanderr.

    For the high rollers.
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