What's the Formula for Pricing new Gigs.

[zohaib_032]

Hello Fiverr Community,

I hope you are people are doing great. It's been a month that I made 4 gigs being new to Fiverr as a seller. I work on my gigs daily and have improved my CTR from 1% to 10%. My question is that what's the formula to price new gigs. Should I lower my prices to $5 to get orders. Does lowering your prices to the lowest make my gigs a red flag. Does lower prices attracts buyers or higher. What is your formula to price new gigs and when you guys were new sellers. 

Regards. 

[donnovan86]

Set the price that you think is fair for your work. Take into account competitors as well. There's no secret formula!

 

[zaformohammad]

There is no deep formula on Fiverr, just an analysis of your competitor

[developerashraf]

Hello,
I think, you have to Research your Competitors and set a competitive but reasonable price also Offer work value not just a low price, and highlight your unique selling points.
I hope it will be helpful for you.
Best of luck