Reselling Fiverr gigs for profit

by Millionaire777 24 replies
Hello,

There is a lot of gigs on Fiverr that worth more than 5$ that can be sold for 45$ or more

Like Logos, Testimonials, Whiteboards animations, Voiceover, Articles ...

Its a good idea to make a website reselling services and outsource to Fiverr

Did someone have an experience with that ?

I have seen a website on Flippa specialized on logos, that sell logos for 45$ and outsource to Fiverr.

Is it a good idea to start with ? What do you think?

Thanks.
#main internet marketing discussion forum #fiverr #gigs #profit #reselling
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  • Profile picture of the author Teravel
    Go back to the main marketing forum, click the search button and type "Arbitrage".
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  • This is an old thing that others do to this day.

    I wouldn't say this is my own business model, but it definitely is one of the things if have done before.

    To say you would create a site could definitely be profitable. When I did it, I would just sell it to others personally and not let them know about Fiverr.

    It's profitable if you could find the clients, which is usually the tough part for most people who try to do Fiverr arbritage.
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  • Profile picture of the author nicoli
    It gets saturated but we still manage to pull about 2k per week in profits from it. I have two people on it full time
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  • Millionaire777,

    I suggest starting out with one service. For example, start out with Logo design, build partnerships with dependable Fiverr service providers who consistently deliver top quality work output on time, see how it goes, then either scale up, or expand to other services. Why?

    Aside from some service providers who'll try to bypass you when they get the chance to directly contact your customers -- Service provider dependability and consistency of overall service quality are two major problem areas when it comes to remote arrangements. So, I recommend going through this 3-step process before driving targeted traffic to your service offer:

    STEP 01. Choose the most suitable Fiverr service providers who offer the service you want to resell. I won't discuss this in detail because there are already a lot of online resources for this;

    STEP 02. Build your portfolio by purchasing the gigs of those Fiverr service providers. This will also allow you to test out the overall work output quality, consistency and dependability of your chosen Fiverr service providers. I suggest testing them out multiple times, especially ones that consistently provide you with top quality work output, prompt communications and professional dependability for your first few purchases. Also give them a diverse set of tasks to work on for your test purchases, i.e. Logos for different niches, industries, business structure and so on, since you'd most likely get very diverse orders when you start reselling logo design services, which'd be good since you'll also have a diverse portfolio to show prospects. Prune your list of Fiverr service providers based on your experience; and

    STEP 03. Forge a mutually beneficial agreement with your shortlisted Fiverr service providers, i.e. Tell them you'd be giving them $5 as a bonus each time they deliver 3 orders on time and in the quality that you want, and $10 on top of this each time they do this for 15 orders or so. Also tell them that full exclusive rights to their work output belongs to you upon purchase, their work output, upon your purchase, cannot be used even as samples to show their prospects, and by doing business with you, they agree to be bounded by an NCA (or even an NDA since they might tell your customers about your deal)...

    That's it. Best of luck!
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  • Profile picture of the author meliski
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    • Profile picture of the author eric w
      Last year, when most of my secondary income was from flipping sites on flippa, there was a person selling yoga video sites for over $100 each. I had a fiverr guy I was paying (outside of fiverr) for doing alot of work for me at the time.

      I remember seeing someone on fiverr selling a group of yoga videos (I believe about 70) for $5.

      Well, I thought, I could get all those yoga videos for $5, then get my worker to make a website with those videos, and sell it on flippa for $100 or more....after all, that's probably what the other person was doing....and he was selling them week in and week out for $100 plus at the time.

      Anyway, my point is,you can definitely do a fiverr/flippa arbitrage based on those services you mentioned.
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      • Profile picture of the author La Petite Femme
        Wow! That's great advice. Whenever I think about outsourcing to Fiverr, I always worry about "why would someone pay for that"? But then I remember that most of the visitors are NOT marketers and have no idea how to find information that many so easily funnel through "Arbitrage". I just end up talking myself right out of it. Oh well, it's still early in the year, maybe it's not too late to make a turn around for 2015. By the way Nicoli, I admire your skills and expertise.... I read alot of your posts and they're really inspiring. Thanks
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        • Profile picture of the author nicoli
          Originally Posted by La Petite Femme View Post

          Wow! That's great advice. Whenever I think about outsourcing to Fiverr, I always worry about "why would someone pay for that"? But then I remember that most of the visitors are NOT marketers and have no idea how to find information that many so easily funnel through "Arbitrage". I just end up talking myself right out of it. Oh well, it's still early in the year, maybe it's not too late to make a turn around for 2015. By the way Nicoli, I admire your skills and expertise.... I read alot of your posts and they're really inspiring. Thanks
          Thanks It's hard to find like minded people around here. There are a lot of keyboard warriors and fakes. Feel free to drop me a PM one day for a chat. No selling involved haha!
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  • Profile picture of the author VA2011
    Sure that's a good idea. Visit Craigslist daily to find potential jobs, but you'll have to send a lot of e-mail to land a job.

    My last job using Craigslist+Arbitrage was from a company that needed someone to write and publish an article about finance, and in the middle of the article promote their software. I spent $5 on the article, edited it a little bit and paid $12 to publish this article on a website with nice DA/PR.

    In return, they paid me $60. It was a win-win, $60 for a company to get an article written and published in a nice looking website is nothing. And profit $43 by ordering an article on iWriter and buying a blog post is nice too.

    You can do arbitrage with virtually anything!
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  • Profile picture of the author nicoli
    yep, once you customise your search engine search strings you can find heaps of gigs people need done. Then source it out on Fiverr and it's easy money. Problem is you need 1 to 2 people emailing all day and ensuring everything goes smoothly. It can be quite manual, but def worth the effort
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  • Profile picture of the author ronyoung
    Banned
    lots of books on it and its called fivver abriatage
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    • Profile picture of the author Teravel
      Originally Posted by ronyoung View Post

      lots of books on it and its called fivver abriatage
      I do believe you mean "Fiverr Arbitrage"
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      • Profile picture of the author nicoli
        Originally Posted by Teravel View Post

        I do believe you mean "Fiverr Arbitrage"
        Old book, but worth a read...the game has changed a lot since then and you need to rethink as that books methods are saturated
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        • Profile picture of the author Teravel
          Originally Posted by nicoli View Post

          Old book, but worth a read...the game has changed a lot since then and you need to rethink as that books methods are saturated
          I'm not suggesting any specific book. The topic being discussed in the thread is called "Fiverr Arbitrage".

          A search for "Fiverr Arbitrage" reaveals 130 threads...
          http://www.warriorforum.com/search.p...rchid=29330576

          There's even 9 threads in the "Free Books" section on Fiverr Arbitrage.
          http://www.warriorforum.com/search.p...rchid=29330602

          You don't even have to stick with Fiverr as there are dozens of Gigsite clones out there.

          Fiverup
          Gigbucks
          Zeerk
          SEOClerks
          Tenbux
          Dollar3
          tenrr
          fourerr

          All this came from a few quick searches and less than 5 minutes.
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  • Profile picture of the author MikeTX
    Reselling fiverr services is still a good method to earn cash. One thing you should keep in mind - graphic design services often allow multiple revisions, so be prepared to go back and forth from your client to your fiverr guy and deliver the message. This can soon became pain in the ass.

    I tend to find a good SEO and social bookmarking services and resell them. Less difficult to handle.
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  • Profile picture of the author mazzuca
    You can also refer to this thread http://www.warriorforum.com/main-int...uild-list.html I think you will get some ideas too. I personally loved the thread. It may helps you.
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  • Profile picture of the author gokulmaba
    If you can drive traffic to your website and manage to get sales, then that is real business.
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  • Profile picture of the author QueenMelanie
    this can work for sure because some fiverr gigs are great value.. But remember, there is a lot of bad quality on fiverr too, like you would need to search long and hard for 3 great quality writers with quick responsiveness on there before you build a writing agency around them, once you find the quality though there are profits to be made doing this.
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    • Profile picture of the author VA2011
      Originally Posted by QueenMelanie View Post

      this can work for sure because some fiverr gigs are great value.. But remember, there is a lot of bad quality on fiverr too, like you would need to search long and hard for 3 great quality writers with quick responsiveness on there before you build a writing agency around them, once you find the quality though there are profits to be made doing this.
      If you're planning on building an agency around anyone on Fiverr you should get their contact outside Fiverr, maybe Skype That way you can reach all of your workers easily and you can get better prices: on Fiverr you pay $5 and they receive $4 (at least it used to be that way), so if you agree on paying $4.5 it's great for both of you.
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      • Profile picture of the author paulie888
        Unfortunately, that's easier said than done. Fiverr is very strict about exchanging emails and contact information within their system, and I inadvertently stumbled upon this issue when I was innocently trying to exchange contact information with a service provider there.

        They have filters and monitor your messages very carefully. You could try searching for them outside of Fiverr and maybe get some hints from them about where to go, but it definitely isn't as straightforward as just asking them for their email and website.

        Originally Posted by VA2011 View Post

        If you're planning on building an agency around anyone on Fiverr you should get their contact outside Fiverr, maybe Skype That way you can reach all of your workers easily and you can get better prices: on Fiverr you pay $5 and they receive $4 (at least it used to be that way), so if you agree on paying $4.5 it's great for both of you.
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        • Profile picture of the author Ron C Farrow
          I do it every day. As has already been said, some services are saturated but you just have to get a bit creative.
          The concept is incredibly simple but the practice is somewhat more complicated.
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          • Profile picture of the author VA2011
            Originally Posted by Millionaire777 View Post

            Thanks for all this informations guys, i am very grateful,

            after searching on the internet i discovered that with fiverr arbitrage its easy to make 100$ - 200$ per day profit, working 1 to 2 hours per day, and here is the idea

            - Create a website on wordpress for one Fiverr gig
            - Sell this gig for 45$
            - Buy gig from a top rated seller on Fiverr
            - Send work to customer

            This will make you 25$ profit for each sale, here is how i calculated

            Buy 1 gig for 5$ + 5$ for fast delivery = 10$
            Invest 5$ from each sale on Facebook Ads + another 5$ for trying new stuffs and scaling up = 10$

            45$ - 20$ = 25$ profit for each sale

            if you have 4 sales per day, that's 100$ per day in just one hour work.

            What do you think guys ?
            That's a fine idea, you just have to see if it works out and change a few things as you go. For instance, $10 on a Wordpress is truly cheap, but if you have the time/lack the initial money, you can build a Wordpress website yourself, it is really easy and should give an extra $10 profit to re-invest or to pocket to yourself.

            As for the Facebook ads idea, I'm not sure that would work because I don't have any experience with FB Ads, but I have the impression that $5 won't get you tons of impressions/conversions.

            Originally Posted by paulie888 View Post

            Unfortunately, that's easier said than done. Fiverr is very strict about exchanging emails and contact information within their system, and I inadvertently stumbled upon this issue when I was innocently trying to exchange contact information with a service provider there.

            They have filters and monitor your messages very carefully. You could try searching for them outside of Fiverr and maybe get some hints from them about where to go, but it definitely isn't as straightforward as just asking them for their email and website.
            Sure thing, both you and the seller should be aware of their TOS and find a way to exchange your contact info in another way. But it's not that hard, honestly.
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  • Profile picture of the author Millionaire777
    Thanks for all this informations guys, i am very grateful,

    after searching on the internet i discovered that with fiverr arbitrage its easy to make 100$ - 200$ per day profit, working 1 to 2 hours per day, and here is the idea

    - Create a website on wordpress for one Fiverr gig
    - Sell this gig for 45$
    - Buy gig from a top rated seller on Fiverr
    - Send work to customer

    This will make you 25$ profit for each sale, here is how i calculated

    Buy 1 gig for 5$ + 5$ for fast delivery = 10$
    Invest 5$ from each sale on Facebook Ads + another 5$ for trying new stuffs and scaling up = 10$

    45$ - 20$ = 25$ profit for each sale

    if you have 4 sales per day, that's 100$ per day in just one hour work.

    What do you think guys ?
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    • Profile picture of the author Joe Lumbergh
      That works, but only if you find people that buy that gig from your wordpress site. Getting traffic/buyers is as always the hard part.
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    • Profile picture of the author Teravel
      Originally Posted by Millionaire777 View Post

      - Create a website on wordpress for one Fiverr gig
      - Sell this gig for 45$
      - Buy gig from a top rated seller on Fiverr
      - Send work to customer
      1. You don't "need" a website.
      2. Why limit yourself to $45. Price should be based on what people are willing to pay, not a static number that you find comfortable.

      Buy 1 gig for 5$ + 5$ for fast delivery = 10$
      Gigs "Start" at $5. Not all gigs stay at a cost of $5.
      Also, not every gig has a $5 fast delivery upgrade.

      Invest 5$ from each sale on Facebook Ads + another 5$ for trying new stuffs and scaling up = 10$
      You'd do just as well burning your money as trying to learn PPC through Facebook while building an Arbitrage business. Learn one thing at a time, and master it. If you are still learning Arbitrage, don't waste your time learning PPC.
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