The results are in! If you’ve been following our site for a while, then you know that we were invited to take part in a Fiverr Side Hustle Challenge. We gladly accepted and began to devise a plan. You can check out our acceptance post here and our one month update here.
Looking Back
Let’s recap a bit. We decided to come up with three gigs that showcased our strengths collectively and individually. Additionally, we offered a financial consultation, branding consultation, and a podcast editing gig, all for $5 each!
We know what you must be thinking…how did you guys make any money if a gig is only $5? Well, the good news is that we did!
We’ve been shouting from the mountaintop since the very beginning of the launch of His and Her Money, that it’s #HustleSeason. This challenge was no exception to the rule.
Launching Out
We took this challenge head-on, with a vengeance! Our strategy was to get the word out and over deliver exceptional service to our customers so that they would spread the word. And guess what? We made a number of sales just from word of mouth.
Here is the moment that you’ve been waiting for…
How long was the challenge?
- 2 months
What services did we offer?
- Financial Consultation, Branding Consultation, and Podcast Editing
How much money did we make?
- Financial Consultation- $60 (10 sales)
- Branding Consultation- $112 (15 sales)
- Podcast Editing- $0
That’s a total of $172 (includes tips)! This amount was our profit after Fiverr took their fees. For each $5 gig that we were paid for, Fiverr makes $1 from it. So, in actuality, we are making a profit of $4 for each $5 gig.
Reflecting On The Journey
Overall, we were very pleased with our results. Another note to mention is that Fiverr allows you to upsell an order by offering extra gigs. Furthermore, we were able to make extra money by offering extra services such as one day turnaround time and an audio Skype call to discuss your order in a more detailed manner.
One of the cool benefits of selling on Fiverr is that buyers can tip you if they are satisfied with the service that you provided. We made $50 in tips! Conversely, The only bummer about making extra money in tips is that Fiverr takes a cut of that as well. For every $5, Fiverr keeps $1 of it.
We were very excited that both our financial consultation and branding consultation resulted in us becoming Level 1 sellers, for each account! We earned this badge because of the following:
- 30 days active on Fiverr
- Completed at least 10 individual orders
- Maintain a 4-star rating and above
- Have a low cancellation rate
When you earn a badge on your account, everyone will be able to see it in your profile. It also allows you to have extra perks with your account. Additionally, you can find out more about the special incentives here.
The Proper Perspective
We are $172 richer than we were when we first started. What can you do with an extra $172? Can you pay off debt sooner? Invest in an IRA? Save money for your kid’s college? Pay down your mortgage quicker?
It is important that you see the glass as half full, and not half empty. Moreover, our advice to you is to think about a talent that you are great at and sell it on Fiverr! What we loved most about selling on Fiverr is that we can do it right from the comfort of our own home and you can too!
If you are interested in selling on Fiverr, please check out our other posts here and here. We also showcase videos on our YouTube channel of other ways that we’ve made extra cash. Such as becoming mystery shoppers and flipping items from the thrift store.
Disclaimer: This post is sponsored by Fiverr.com in cooperation with Kasai Media. While we have been compensated for participating in this challenge, all opinions expressed are our own.
