williambryan392

You could hire a researcher on Fiverr if you need a detailed report on available purchasing options. Alternatively, I would use Google and you will find independent retailers, large platforms like Amazon and eBay, and the actual company offering these sweatshirts. The actual company is always my first choice.

That's awesome, strong ARR is what it's all about. This is far less awesome! I'd love to see some Fiverr stats re promoted gigs by category.

It’s not shameful if you’re providing value. There’s always luck with everything. So you’re willing to sell your soul to the devil, but not make a course? 99% probably did make nothing, probably the same 99% that sells the worthless BS you mention above. His thing actually provided good value for $50. I just presume yours would too and wouldn’t be worthless because you have skills/experience unlike the 99%. Anyway, we digress. I’m sorry promoted gigs don’t work for you. I guess it’s a perceived value / pricing-market mismatch issue (prize for stating the obvious goes to me I know!).

Is that for all time, or have you seen a downward trend? True! I know the feeling! I feel exactly the same, and most have some degree of imposter syndrome, me included! But then I think of all the $$$ I'm leaving on the table, whilst these clowns are making a fortune and I kick myself. I'm still not doing it though. I was working with a 19 year old a couple of years back, and when chatgpt came on the scene he created a prompt library ebook thing... $49, sold it 50,000+ times. It was an easy way for him to become a millionaire before he'd even legally purchased a beer. I wouldn't have done it because of imposter syndrome. He didn't feel the same and made millions that year. I did not make millions that year. I suppose it all comes down to why we work. If it's a love/passion then the revenue doesn't matter nearly so much! I'm greedy though, I want to make $$!

Maybe I'm looking at it differently, but what concerns me is my take-home amount, not the percentage fees along the way. I'd give up 99%, if someone pays me a $billion. An extreme example I know! Create a video course? You have the knowledge to educate, and the skills to create it? Perhaps you have already!

I agree, 5:1 is a brilliant ROI, and zero risk upfront. I love that. Not to mention it's actually probably higher when you factor in all the free stuff (hosting for e.g.). Reading this got me worried, so I checked it out, this year my ROI has been 5.6:1 on promoted gigs, and 6.98:1 for all time. Not as good as it once was, and definitely trending down, but I think I reject more people than I used to, and the CPC has increased quicker than my pricing. Yep, 70% would be ridiculous for sure. Would you pay 50%? Because that's the google ads average from what I can tell. Why not if you don't mind me asking? I don't either (yet), but it's on my to-do list. Guess most of your clients are word of mouth referrals (like my non fiverr clients)?

I've definitely had varied success/ROI with promoted gigs, but I don't believe it's ever been less than 1X. Do you guys ( @visualstudios @newsmike) use Google ads to drive people to your own sites, if so I'm guessing you get a much better ROI? From what I recall (I'm no Google ads expert!), a return of 2 to 1 on your spend is considered average/the norm (obviously it varies). I'd love to know the average ROI for Fiverr promoted gigs. I also agree targeting specific niches would be good (actually that also means more work for me so I'm not sure), but I assume Fiverr is already doing this by trying to match the right sellers with the right buyers. I'm not saying they get it right every time, of course they don't, but I assume this is their goal because ineffective promoted gigs don't help Fiverr, sellers, or buyers. Anyway, note to self, start tracking promoted gigs!

@filipdevaere is 100% correct, and whilst I need to review the ToS again to be sure I think free work could be against ToS. Anyway, live and learn @steerbill. Don't do free work. Real buyers will make an order. Some users try to take advantage of a seller's good nature. Don't let them. You're better than 'free work'. I just hope you didn't waste too much time on this work. Best of luck for the future!

Aha, understood! I should've figured that out myself!

Wow. I'm jealous. In August the lowest I paid is 22 cents and the highest is 56 cents a click across my consulting gigs. I'm not currently promoting my other higher cost services like business plans and pitch decks, but when I have I've been paying up to/around $2 a click. That racks up fast so I turned it off for those gigs.

This I completely get. But then I see people with half the knowledge/experience selling bad advice and making a fortune. I often say sometimes the most successful people are the most stupid, because they don't overthink, they just execute. So do it! Test it! See what happens. We always say don't put your eggs in one basket. Growing in multiple places is a good thing to do. McDonalds is an extreme example, and probably a bad one for me to have used. 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.

You're not necessarily wrong. I could argue that the dropshipper is providing value because if they weren't they wouldn't make sales. They are getting the product visibility. 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... I price highly, and do the work myself. Like you @visualstudios. It's a good income (recent volatility aside), but I've plateaued. I feel that what I'm offering at my price point is like a fine dining restaurant. I'm very proud of what I do, and like to think I provide a great experience. But like a fine dining restaurant, there's a limit to how much you can actually make, and I price a lot of people out of my services. I think you do the same. 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! I guess the key is finding the middle ground.

You're right, it's not possible, and that's for a variety of reasons. I think a lot of the time (not all the time) is because people don't take the risk or put in the work. 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. Also diversify. Something I've been thinking about is doing a course on career growth. It's a popular gig of mine, and I find a lot is transferrable to different clients. This would mean I could sell whilst I sleep. Could you do a course on video editing, could you sell tiktok shorts, and delegate the work, could you provide a voice over gig and delegate? You might not want to, but I think you could.

Please go on! I'm curious re doing it cheaper (and still hiring capable people who can deliver a quality end result). How would you operate, if say you were a copywriter (and not just using AI)? Or use another freelance niche of course. Really curious! To scale to 7 figures you have to delegate, and if you can pretty much disconnect yourself from the business then you can protect your mental health to a degree. Not saying you're wrong. 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!