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visualstudios

Seller Plus Member
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Everything posted by visualstudios

  1. Interesting. Do you know what that means?
  2. Yeah, we will see. The SI data is all manipulated anyway, can't know what to trust anymore. Although, if we're talking fundamentals, cash in hand, insider buying/selling, and future growth prospects (so, discounting squeeze plays), GME is clearly the better one. And AMC is pretty bad. Of course in a squeeze scenario none of that matters (although the insider selling going up to the CEO is very suspicious, they should know better).
  3. GME yes. AMC is a terrible play. Also human, not an ape.
  4. TRS is not a level like level 1 or level 2, metrics are not enough to be promoted to TRS. In your specific case, I'd look into the branding side. Your service may be great and you may have a lot of happy clients, but presentation is important. Your written english is a bit iffy, I'd probably look into doing something different for the gig videos, thumbnails, etc. Another thing to keep in mind is that it's also dependent on the rest of the marketplace. If there are already hundreds of top rated sellers in your vertical, Fiverr will be less likely to promote new ones.
  5. That's just one indicator, it's not the entire thing. To be honest I'm much more inclined to just use this feature to instantly know what to engage and not to engage, than to just up prices. I think it's much more useful to not waste time with people under budget than the other way around. Unfortunately, from what I've seen, the "spent per gig" info is capped at $100+, which gives me no information to "upsell" at all, since all my gigs start above that price. So, even if I wanted to, I really couldn't use it to just match the prices the buyers are spending. However, it's useful information if I can see a buyer bought 10 gigs in my category for the average price of $10 previously. That is highly unlikely to be a client I'd want.
  6. It's always up to the buyer how much they are willing to pay.
  7. And this is why this pricing strategy applies specially for custom, creative work, since the outcome is much more unpredictable, risky and subjective in value. A bottle of water is a bottle of water. The same meal is the same meal at a restaurant, usually. It's mass produced, in a sense. The risk is lower, so insurance is lower.
  8. Yes, but that's not what I mean by time in this context. What I mean is that having a certain task completed, even if you outsource it, costs you time. You need to find the right vendor. If he's not good, you are risking getting something you can't use, waste the time you spent placing that order and communicating your needs, and having to waste more time on top of that to get what you need. So, the higher your time is valued, the bigger risk you are running. So you should be prepared to pay more for risk management. Someone who values their time at $100 an hour, should be prepared to pay quite a bit more for something they want and takes them an hour to outsource (if it's guaranteed to fulfil their needs), than someone who values their time at $10 an hour - even if that "something" is exactly the same. Because even if the price of the service is 0, since they both took an hour of their time to get it done, the first guy is already spending $100, whereas the second is only spending $10. Insurance on $100 is more expensive than insurance on $10.
  9. That can be tricky when pricing for value, though. The same product will provide different value for different people, and one of the factors to take into account when calculating that is how valuable time is for the client, for example. So if I see a buyer paying X for something that I know would take them 1 hour to produce (even if not directly, say they take an hour to find the right vendor), and another paying 2X, it may just be the case that the second buyer's hour is worth twice as much. So yes, in a sense you should charge people more if they spend more, because they've showed you what they price their time / services they're getting at (even if indirectly). It's not an all or nothing thing, of course, but it's great information to have in terms of pricing strategy. In a way it acts like a price anchor of sorts, which is always present in a negotiation in one way or the other. This is not ripping anyone off, by the way - the value of the same product is what changes according to who you are providing it to. So you're charging more because it's actually worth more to them, value is always subjective. To be noted that pricing for value works much better for creative, personalised work - you can easily charge a millionaire 10 times more then a random joe for a portrait of them, for instance, but you would be hard pressed to charge them 10 times more for the same bottle of water, the same book or the same cinema ticket.
  10. What do you mean by this? Shouldn't value be pegged to cost in some way? I think I should offer more value for a higher price, otherwise that's pretty much ripping off those who pay the most, which I think was the opposite of your point.
  11. I wouldn't waste a call on that first one, tbh.
  12. Only if he left feedback, which a buyer worrying about that won't leave.
  13. YES. This is a fantastic addition. Got them on all my contacts (even previous ones, years before the feature), and it gives me SO much useful information. This will be extremely useful in terms of buyer vetting.
  14. Depends on the service. I work in video, and it's impossible to know if we can even do what some people ask for. Or to provide accurate pricing without project details. For $5 gigs that makes sense. For certain niches, it makes sense (I buy v/o often for projects, and I generally don't message first because there really isn't anything to discuss, just read the words on the document, if I selected a seller is because I want their voice, no way to go wrong there). But the more creative/complex the gig is, the more important it is to message first.
  15. Well, Fiverr could allow transfers in crypto. Not saying they should, just saying that's an obvious answer to avoid traditional payment gateways. And of course none of this is the russian sellers' fault... but these measures are not against the russian people, they are just collateral damage. Russia must be strongly pushed against the wall so they back off Ukraine. Can't do it with weapons because... nukes. Cowards (they know they would be demolished in conventional war). So yeah, they have to be hit in the economy. And that unfortunately means russian professionals, in all fields. It's not fair, but neither is fair being bombed and invaded.
  16. Pointless if you don't know how to pitch, or if there are no good requests. This is just stupid. Worthless unless you already have a following. If you do, you don't need Fiverr anyway. If you know how to make them. It's better to have no video than a crappy one. This is not something that exists or is enforced by Fiverr, so it means nothing. You can't offer that. Congratulations, 5/5 in stupid tips.
  17. Sure, but from what i understand the US is particularly bad in terms of retirement. In Portugal (and most of europe), for example, most people retire and live of their pension. They don't really need to have "saved for it", it's an automatic (and mandatory) process. It's taken out of your taxes, pretty much (not directly, it's a separate process, but for practical purposes it's the same idea). You don't see 70 year olds still working here because they have no retirement, and from what I've heard that's pretty common in the US. Either way, I think most freelancers should not count on pensions, and invest for retirement. That's what I'm doing, and I plan to be retired well before 60. Like, 20 years before, if all goes well. As for the % of take home you invest, that's another metric that will vary wildly, based on cost of living and earning power. If I was making 100k a year, for example, I could save (and invest, of course) 90% of it. If I was living in NY or LA, that % would be very different. Basically it boils down to this - as a freelancer in a global marketplace, you want to live in the cheapest col area/country possible (while retaining safety, stability, infrastructure, etc.), since that maximizes arbitrage potential, allowing you to save more and retire much sooner (or get much richer if you decide not to retire).
  18. Yes, but that kind of defeats the purpose of the buyer being able to set a budget. This system just doesn't work.
  19. Happened to me as well. I disabled the feature, there's no point if I can't contact the client and if he is not 100% clear about what he needs, I can't send a proper offer.
  20. Wow, such a diverse, multicultural community.
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