If Fiverr offers the seller's earnings at 90% instead of 80% for first-time buyers, Fiverr's earning will increase. Do you agree?

[shuvo_va]

If Fiverr offers the seller's earnings at 90% instead of 80% for the first-time buyers, Fiverr's earning will increase. Do you agree?

If a seller brings clients from outside the Fiverr marketplace, 90% of the revenue will be paid. In this case, sellers will be encouraged to bring many new clients to the Fiverr marketplace from outside. Fiverr has to sacrifice 10% of earnings only once in the case of a new client. In this scenario, both sellers and Fiverr will benefit. 

[donnovan86]

7 minutes ago, shuvo_va said:

Fiverr has to sacrifice 10% of earnings only once in the case of a new client. In this scenario, both sellers and Fiverr will benefit. 

Fiverr won't sacrifice anything. If they would do this, we would encounter something to counterract the "sacrifice" like high withdrawal fees or something.

I don't see the benefit for Fiverr. If anything, buyers would create a new account all the time since there are also various deals for first time buyers. 

[spaintranslator]

On 12/23/2023 at 2:35 PM, shuvo_va said:

Togather? 

[filipdevaere]

5 hours ago, spaintranslator said:

Togather?

And here we go again....

The OP speaks “fluent” English.

 

[rawque_gulia]

7 hours ago, shuvo_va said:

If Fiverr offers the seller's earnings at 90% instead of 80% for the first-time buyers, Fiverr's earning will increase. Do you agree?

....and sellers will prefer to take orders from first-time buyers rather than repeat buyers. In that case, repeat buyers will always prefer to create a new account so that they are not ignored by sellers. It's not about whether Fiverr will sacrifice a little income, but it will ruin the entire ecosystem of the platform.

[navid_zafar]

Why 90%?
Why not 100%, especially when another renowned platform offers it at ZERO fees?

If your client chooses Fiverr, there's a possibility they might explore and make additional purchases from other sellers, allowing Fiverr to earn a substantial 20% fee.

[hedayetsaadi556]

On 12/24/2023 at 2:10 AM, spaintranslator said:

If a seller brings clients from outside the Fiverr marketplace, 90% of the revenue will be paid.

I agree with this statement. It's a win win game for both seller and fiverr.

[donnovan86]

1 hour ago, hedayetsaadi556 said:

I agree with this statement. It's a win win game for both seller and fiverr.

It's not a win for Fiverr. They already spend quite a lot on ads to bring buyers. Plus you have a referal program and you get paid money if you bring new clients so.. 

[hedayetsaadi556]

9 hours ago, donnovan86 said:

It's not a win for Fiverr.

When a seller is bringing a client into the platform that doesn't cost Fiverr anything, then why do you think it's not a good win for Fiverr? As you said, they already spend a lot for buyers, but, when a seller is playing that role to bring customers and Fiverr doesn't have to spend money for it. It's a win for Fiverr because the 10% it's earning is a solid profit with zero expenditure. 

[priyank_mod]

55 minutes ago, hedayetsaadi556 said:

When a seller is bringing a client into the platform that doesn't cost Fiverr anything, then why do you think it's not a good win for Fiverr? As you said, they already spend a lot for buyers, but, when a seller is playing that role to bring customers and Fiverr doesn't have to spend money for it. It's a win for Fiverr because the 10% it's earning is a solid profit with zero expenditure. 

How about giving 20% extra to the seller for getting a buyer onboard?? Seller gets to keep entire order amount + 20% bonus!! 😎

 

Quote

We are shooting for the moon anyway - so why not aim for the sun?? 

 

[hedayetsaadi556]

2 hours ago, priyank_mod said:

How about giving 20% extra to the seller for getting a buyer onboard?? Seller gets to keep entire order amount + 20% bonus!! 😎

 That's not feasible lol

Edited December 27, 2023 by hedayetsaadi556

[donnovan86]

4 hours ago, hedayetsaadi556 said:

When a seller is bringing a client into the platform that doesn't cost Fiverr anything, then why do you think it's not a good win for Fiverr? As you said, they already spend a lot for buyers, but, when a seller is playing that role to bring customers and Fiverr doesn't have to spend money for it. It's a win for Fiverr because the 10% it's earning is a solid profit with zero expenditure. 

It would cost them if they lose 10% based on your recommendation/opinion.

You can bring new people to the platform now for free.. so what's stopping you?

They do have an affiliate program where you get paid for getting people on the platform, so you might check into that. However, there's no way they lower their fees. Fiverr is already trying to charge for a lot of things, like the Ad system, Seller Plus, so you think they would lower fees if you bring new buyers to the platform? No one is stopping you, they already have advertising campaigns to bring in new buyers and those are super costly. They won't spend even more and lose money just because you can bring people to the platform. 

[catwriter]

Fiverr used to have a feature/tool called BYOB (Bring Your Own Business). Basically, you bring your own client (from outside of Fiverr) to Fiverr, and there's no 20% fee.

I don't know if they still have it, or how it works, exactly.