visualstudios
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Posts posted by visualstudios
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7 minutes ago, breals said:
I would love to hear your rational for this. Please explain why Video editing, graphic designing and web development is a big mistake?
I agree with that point though. Generally speaking, I place much more trust in an account that does one thing than an account doing multiple. I'm a video editor, and that's what I offer. I can make sites, and I can make logos, but I would never sell that on here, because I know what it takes to be a professional in those fields. It's good enough for my own logo, and for my own site, but not to sell to clients. jack of all trades, master of none. Picking one skill and mastering it is the way to go.
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4 minutes ago, mandyzines said:
I guess in this case it's not other buyers who spend over $100 on orders on average. Thank you.
*Based on spend of similar buyers.
This assumes there is such a thing as a "similar buyer", so let's say each buyer has some kind of "buyer profile".
Let's say your buyer is a north american, 35 year old male, and that is what Fiverr considers his "buyer profile" to be.
Let's say north american, 35 year old males spend an average of $5 per order.
Your buyer can have an average spend of $1000 per order. His average order spend based on the activity of similar buyers will still be $5.
Conclusion - unless we know what "similar buyer" means, and how it's defined, the average order price metric is utterly irrelevant, and there's no point looking at it, as it provides no useful information.
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20 minutes ago, mandyzines said:
Hmmm, so say the only order that they've had on Fiverr was with me and for $100. Somehow Fiverr's system sees that as an average of under $35 compared to similar buyers?
No.
Similar buyers to that one (how Fiverr picks who "similar buyers" are no one knows), spend an average of $35 per order. Your buyer himself, and how much he spends, is irrelevant.
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6 minutes ago, mandyzines said:
Right but isn't that in reference to the lines that end with an asterisk: "Average order price*" and "Order completion rate*" ?
So, anything not with an asterisk at the end of the line, including "completed orders," isn't clarified by that "*Based on activity of similar buyers" at the bottom.
Yes, but that was what you were referring to, no?
"I'm pretty sure that they've only ever had an order with me--that one indicated here--and the amount was exponentially higher than what the stats say the client's average order price is."
The stats do not say what the client's average order price is. It's the average order price of whatever Fiverr thinks "similar buyers" are.
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*Based on the activity of similar buyers
It's written on there. The stats have nothing to do with that buyer. It's meaningless. I don't know what "similar buyers" means, and Fiverr won't say. The only metrics that mean something are rating given, number of orders, date of last order and preferred service. Everything else doesn't mean anything.
Completion rate and order price are not tied to that buyer in any way, so you may as well just ignore that.
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Unfortunately I'm Portuguese. It would be much better to live here by choice - foreigners are treated much better (tax-wise). Pretty great country to come and live in. Terrible country to be a native of.
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2 minutes ago, smashradio said:
Spain is similar,
Spain is just Portugal but richer.
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2 minutes ago, smashradio said:
You make connections by attending events. For example, volunteer to produce videos for a charity, pro bono. Choose a reputable charity, ideally one managed by influential people, and explain that observing and learning how they operate at fundraisers is part of your process. Just like that, you’re in. Now start shaking hands, hand out your brand new, organic, recycled, ultra-thick embossed business cards that feature just your name, no contact info or anything else. Tell people you specialize in creating exclusive videos for exclusive clients. Don't forget to mention that you're there to get a feel for the vibe of a project you're working on for the charity.
Well, I live in the wrong place, then. Local market is a zero. No way to attend events that have any sort of influential / budget having people here.
I hear that works great in the US. Here there's nothing, and what there is is totally controlled. People in power will get their nephew to do it anyway. Portugal = extreme nepotism + no money whatsoever.
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4 minutes ago, smashradio said:
if you’re actually well-connected, but you must make them believe you are. After that, all you need is some sheer f**** hubris. I once had a client who needed a more complex web design project than I was prepared to handle, so I reached out to a friend who owns an agency to see if they could take it on. It turned out they wouldn’t even consider a project for less than $500K, simply because price was their main status symbol.
You do need the contacts though. I can make a website stating just that, but I'll get zero contacts, and I need to pay rent. For me not to consider a project for less than $500k, I must not need money under $500k. Unfortunately, that's not the case.
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1 minute ago, smashradio said:
and then explained your "creative process" to a high-profile CEO?
I don't have access to high profile CEO's, unfortunately.
I could do the rest easily, and I think I would be great at it, actually.
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3 minutes ago, smashradio said:
If you want to scale, don’t do it by hiring a bunch of people at $10K a year. Instead, just charge $10K to show up (or don't show up at all, and call it a "part of your process".)
That sounds great, but I'm having trouble getting anyone to bite at those prices.
And my chair is scandinavian btw, but I don't think IKEA counts as pretentious enough.
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14 minutes ago, emmaki said:
Everyone has something
You should meet some people I've met lol.
In any case, I'm talking about something the world needs to know. It's simple mathematics. If 7 billion people need air time, there isn't enough in a lifetime for everyone. By definition, not everyone can have even 15 minutes of fame - warhol was wrong about that. Maybe a fraction of a second. Fact is, most people can't have a spot. For one person to have 1000 people following them, 1000 in 1001 people must be followers.
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2 minutes ago, donnovan86 said:
It depends on expectations. Some people charge very low and use AI for most of their work, so they can deliver fast. There are cases when buyers just don't care, if the price is low enough. However, there are also people that are nitpicky even at a low price. So it's more of a gamble in regards to who you are working with. For me, the most troublesome buyers are those that get hired by someone else and outsource to you. Those are the hardest people to work with, because they have to talk with their client, revert back to you, maybe they don't understand the exact changes, etc... and it leads to a lot of back and forth, not to mention wasted time. It does depend on the niche too.
I had by far the most pita clients the lower my prices were. That's why I'm not willing to go back to that. The more the client is paying, the better they are to work with, on average. That's why I don't get the low price high volume sellers, how does that not turn into a nightmare for them?
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Maybe I should start an anti-motivational channel, where I show on camera with a sock on my head and distorted voice and say stuff like "You're not special. Give up. You don't have the skills, nor the ability to even get them. The world doesn't care about you or your opinions. Get a normal job. The 1% is the 1% for a reason - because most can't be part of it, you included."
Many more people need to hear that than the positive thinking and hustle scam they are all being bombarded with in social media 24/7.
Because at least it's true. But people don't want the truth. Truth doesn't sell.-
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54 minutes ago, emmaki said:
This is the whole digital marketing hustle/influencer culture at the moment. In the quitting video, you can see it in action. She gives the basic strategy: as soon as you have a little experience, start selling digital products and influencing people. It's a modern-day pyramid scheme that requires a certain "cult of celebrity" to work, and, not to put to fine a point on it, requires a certain kind of personality and looks.
The thing that worries me is that generations of people are growing up believing that this is a viable career choice. It is, but it's like any other career that depends on fame and fortune. It's not one where just hard work will get you anywhere.
Yep. I'm not cut for that. There's a reason my name here is visual studios, and my profile picture is a logo. I don't want to show up. I don't want to be my business. I don't want personal branding.
The "influencer lifestyle" is a cancer. Not everyone should be famous. Not everyone should need to be seen and known. Most people (me included) have nothing of interest to say to the world. We're all screwed.
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5 minutes ago, williambryan392 said:
My point is there are some sellers making a fortune through efficient methods and low pricing, and they don't have bad reviews. I always think if they can do it then why can't I.
That's the million dollar question. I have no idea, honestly. I've had people give me trouble and be extremely nitpicky with no reason, and then I look at other sellers delivering garbage with no issues. I don't get it.
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9 minutes ago, williambryan392 said:
Either way what's your goal..? Wanna make money? I think that's the brutal question you have to ask yourself.
I've been asking myself the same recently and I'm trying to decide what to do...
Of course, but then we get into imposter syndrome, which is already bad as is - if I was doing nothing, or something I don't respect (like shorts and tiktok and ugc, which I truly think are actively harming society and are a blight to the art of video editing in general), it would be even worse.
9 minutes ago, williambryan392 said:If you lowered your prices you'd fill your schedule quickly, and if you delegated you'd get more time back.
So the question I ask myself is should I be more like McDonalds and lower my prices.
Sure, it'll never be brilliant, it may only ever be a 3.5 or 4 out of 5 (google rating for e.g.), but McDonalds is a billion dollar business. I don't think there is one fine dining restaurant that is because it's just not scalable in the same way. I'd be less proud of my finished product, but I'd sure like the money!
Outside of a platform like Fiverr, for sure. Here? Not so much, because I would be increasing risk immensely. Something I learned very fast was to vet heavily and up prices to get rid of nightmare clients, which can tank your business. McDonalds can make billions while being considered c**p, and having a 3 star average review. You can't make that here - here that means you'll go to zero, fast.
You can't be McDonalds here. Fiverr is the McDonalds. Look at their reviews (for the platform itself), they don't need to worry about having 4.7 average. They wish they could get 3, actually. It doesn't matter. They still grow.
We are just the burgers.
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22 minutes ago, williambryan392 said:
The overly simple answer is scale and delegate. If you can do something once in a day, work out how to do it 10 times, or a hundred times.
I don't even have enough clients to fill my schedule now, so that's a non factor. To scale, you need... scale.
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15 minutes ago, priyank_mod said:
You just succinctly described the entire capitalism in a single statement.
Not necessarily. Capital allocation is one thing. I do see the value in having capital to invest. But being a middleman that creates nothing doesn't even provide that value, and has no capital requirements, pretty much. It's the difference between being a logistics provider (like amazon) and a dropshipper. The first provides value. The second is just garbage.
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22 minutes ago, williambryan392 said:
Think it's only increasing in the world of property owners and business owners/CEOs. A million used to be considered a crazy amount of money when I was growing up, kinda like a 6 figure salary. Nowadays less so. Although I still think it's a lot of money!
Oh, I get that. I just don't understand how it's possible. It certainly cannot be possible for 99% of people, so what's the differentiating factor there? Everyone would want that, but that can't be achieved by the vast majority, so... how to ensure I'm in the minority that gets it? Because I don't see any path there.
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1 hour ago, williambryan392 said:
Now I'm not knocking it, kudos, if you can build something great, who doesn't like $75K and if you aren't even touching the business due to the hires then that 75K pre tax for probably just doing a weekly or monthly check in with a team manager is pretty darn good.
I'm working on everything and not even making that. Sounds way too good, actually. Like... borderline unethical, to make so much money doing so little. But hey, people can get away with it, I guess.
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2 hours ago, shahmurad2 said:
It means my two years of hard work have gone to waste
You have 16 reviews in two years, and on a gig starting at $5. If that's "two years of hard work", I don't think any great value was lost.
Oh, and your oldest review is from 3 months ago. So, the first one year and 9 months of "hard work" were spent doing what, exactly?
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Pro and TRS are separate - you'll keep being TRS anyway.
Sales do not slow down in any way (if you keep the same pricing, naturally). If you increase the prices, then it's a function of that, of course - but you only need to sell 1/10 if your price is 10 times higher to make the same, anyway.
If you're selling something with no price elasticity, and low ticket, then being Pro is probably the wrong move if that would force you to raise prices, and the market isn't willing to pay those prices.
If you're already selling high ticket, or you're selling something that can easily go for $5 or $500 depending on the client and how you present the service, then being Pro is all upside, no downside.
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14 minutes ago, smashradio said:
You have to compare it to other platforms. Everything is relative.
At least compared to upwork, which is the only other platform that can compare in terms of size and market penetration, Fiverr looks way less professional and lower end.
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How can sellers effectively showcase their skills and expertise within their Fiverr gig description?
in Tips from Sellers
Posted
Generally they can't (depending on the vertical - if you're selling writing that may be different). Talk is cheap. It is also often meaningless.
You show your skills an expertise through portfolio, reviews, top clients, etc.