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I've been selling on Fiverr since 2018. I've had success during this time however I've noticed a strong downwards trend in the last 1-2 years. Is anyone else experiencing this?

 Some info: 

I Produce Music for clients. When I first signed up it took a few months to receive any orders. However once I started receiving the orders I was able to grow my profile and prices. I managed to achieve Top rated status after two years and retained it for two more years. I was able to turn this into my full time profession. 

Unfortunately about a year ago I lost my top rated status (too many cancellations and lack of orders to dilute the percentage), within a month I was eligible to regain it but still haven't been promoted back to top rated status. I understand it's not automatic and my profile has to be manually chosen again. 

I have seen a steady decline in income in the last 1-2 years. I largely feel this is due to a huge increase of sellers joining my field on Fiverr. When I first started (2018) there were only 20 top rated sellers in music production. Currently there are about 374 Top Rated Sellers in my field. When I achieved top rated status there were about 100 top rated sellers 3 years ago. 

My income last month was around 10% of what my highest income month has been in the 5 years being a seller on Fiverr. With not a single order so far this month. I run sponsored ads (promoted gigs) and used to get an order once every 20 clicks or so. Currently I've had 2,446 impressions and 75 clicks in the last 60 days but no orders from Promoted Gigs. 

I recently created two more gigs directed at specific music genres. Where as my main gig covers a wide range of genres. I've tried adjusting prices lower and higher leaving my main gig untouched for a week, without any changes. I also check and optimize description and SEO tags/keywords around once a month. 

Anyone else experienced a steady decline in the last 1-2 years, any tips or suggestions?

 Here is a link to my profile - 

It would be interesting to see if anyone else has experienced this and if they found a way to improve the situation. 

Is Fiverr on a decline?

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