Jump to content

Recommended Posts

Posted

Setting the right price on Fiverr can be tricky, but it's important for both competitiveness and fair pay. Considering competitor prices and Fiverr's transaction fees helps ensure your gig is attractive yet sustainable. Valuable tips for anyone starting out or looking to refine their pricing strategy!

  • Like 27
  • Thanks 1
  • 1 month later...
  • 1 month later...
Posted
On 5/16/2024 at 3:39 PM, aimriser said:

While price is a significant factor in the market, it's not the only factor that determines a product or service's success. Here are some other crucial factors to consider:

1. Quality: Offering high-quality products or services is essential to building customer loyalty and reputation.
2. Innovation: Staying ahead of the competition through innovation and continuous improvement is vital.
3. Customer Service: Providing excellent customer service builds trust and encourages repeat business.
4. Branding: Developing a strong brand identity helps differentiate your product or service from others.
5. Availability: Ensuring your product or service is easily accessible and widely available is crucial.
6. Customer Experience: Creating a positive customer experience through user-friendly interfaces, easy returns, and more is vital.

However, it's a bitter fact that price is often the major catch for your first interaction with a client. Despite the importance of these other factors, price remains a critical consideration for many customers, and it can make or break a sale.
 

Thanks!

  • Like 21
Posted

I think you end up short changing people a lot by trying to be competitive as someone from the US trying to compete against other sellers like India for example where $5 dollars for a few hours work maybe isn't so bad. Where I live the minimum wage is $15 an hour and that's mainly for entry level unskilled labor. I couldn't hope to compete at even my bottom dollar price in an Asian market. I'd have to do around 15 orders just to break even with Seller plus and promoted gigs. Then comes my internet bill, Adobe suite subscription, and a hundred other things needed to operate at a professional level on Fiverr as a designer. 

There's very few people from a western country like the US who can operate 100% above board and actually make a decent living on Fiverr, especially in an Asian heavy category like Logo Design if we tried to be competitive price wise.

  • Like 18
  • 1 month later...
Guest
This topic is now closed to further replies.
×
×
  • Create New...