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Competing with Fiverr: A long story just begin

by vbbgold
17 replies
Dear Friends,

Today I open this topic as a report for my new site 4dollarjobs as a competitor with the well-known Fiverr

I have spent $99 for source code, $8 for domain, $20 for buying some facebook and twitter promotion, $100 for hosting. Total is $230.

The main idea that I decided to spend this amount of money is that:

At Fiverr: buyers pay $5, sellers gain $4, Fiverr gains $1

At my site: buyers pay $4, sellers gain $4, I gain $0

So, the same jobs, but cheaper price.

How can I live? OK, I will earn money by Adsense.

This is a very difficult starting. However, I'll follow my plan. I am ready to spend about $500 more for promoting my site.

I will report my site progression here for you all to have an idea about this way of money making.

Cheers,
#begin #competing #fiverr #long #story
  • Profile picture of the author jesus3
    lol saw this on BHW!!
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    • Profile picture of the author Tim_Carter
      Originally Posted by jesus3 View Post

      lol saw this on BHW!!
      What is BHW?

      Not to belittle your idea, but people aren't likely to flock to save a buck. Did you do any market research?
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      • Profile picture of the author Mohammad Afaq
        Originally Posted by Tim_Carter View Post

        What is BHW?

        Not to belittle your idea, but people aren't likely to flock to save a buck. Did you do any market research?
        In my knowledge, BHW is a black hat forum and it is possible that the OP might have posted this on that forum and wf.
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      • Profile picture of the author oldwarrioruser1
        Originally Posted by Tim_Carter View Post

        What is BHW?

        Not to belittle your idea, but people aren't likely to flock to save a buck. Did you do any market research?
        BHW = Blackhat World

        Idk about you but I'll be damned if I go to Burger King and get a sandwich for $2 when I can go to McDonalds and get the same one for $1!!
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  • Profile picture of the author entrepreneurjay
    Good luck ...... Its a good concept just got to make it happen.
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  • Profile picture of the author theimdude
    hmmm time for 3dollarjobs

    I like this gig :rolleyes:
    I will give you 15 clicks from US


    said something like "adsense save"
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  • Profile picture of the author penpal6
    Best of luck with your website
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  • Profile picture of the author paulie888
    Sounds like a pretty decent idea, if you can promote this enough and also generate enough adsense revenue to turn a profit. I'm sure providers would love to offer services on your site if there's enough traffic/visitors there, as they don't have to give up as much revenue when compared to Fiverr!
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  • Profile picture of the author Mike McAleer
    It seems alright. I think it is very annoying how fiverr takes money away from people who provide the services although remember they will still be receiving the same amount anyway!
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    • Profile picture of the author Kay King
      It seems alright. I think it is very annoying how fiverr takes money away from people who provide the services although remember they will still be receiving the same amount anyway!
      I've never understood this complaint. They provide a place where you can find buyers and get work - why wouldn't they be entitled to a fee for that?
      Fiverr is charging a fee for their service - just as you are charging for yours.

      I think it's a negative mindset when you see a fee as "taking advantage of me" instead of as "the cost of doing business with". It makes you feel victimized instead of feeling positive at the gigs you are getting through the site.

      kay
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  • Profile picture of the author Mike Grant
    You're jumping on the bandwagon late, and I'd consider an alternative monetization method.
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  • Profile picture of the author Lou Diamond
    Hello,
    what happens if and when adsense suspends your account?
    Working with only one income model is not a solid plan.
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    Something new soon.

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  • Profile picture of the author oldwarrioruser1
    Won't he have income from features gigs? Or no?
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  • Profile picture of the author Traffic Eagle
    What you need to remember is that Fiverr will earn $500 guaranteed for every 500 orders they receive. It's a win win situation. You are depending on people clicking an advert if they can't find what they are looking for on your site, let's face it if someone finds a gig, they are most likely to click off the site, order completed. I seriously doubt whether adwords is the right method to monitize your site. If your site is successful, and I truly wish you well, you are leaving an awful lot of money on the table from not collecting revenue from orders.
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  • Profile picture of the author Milton
    I wonder if you're not missing something here.
    You have the resources to build this type of site but
    you'r going to copy an idea and work for nothing.
    Didn't all the guys that copied Henry Ford's idea
    change it a little, add in a few more advantages
    give it a different brand name and sell it for a profit.
    mmmm.
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  • Profile picture of the author CMCarlin
    is it the dot com version? Cuz it looks exactly like the fiverr site, but with the sidebar on the left....
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    I can help your business grow. Spend less time backlinking and more time focusing on your clients. Skype me anytime for more details. Custom packages available.
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    • Profile picture of the author Tashi Mortier
      I hope you won't make losses. After all you have to pay the Paypal fees and hosting...

      I wish you the best of luck in any case.
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