Reselling Fiverr Gigs To Make Huge Profit With Less Effort
Today, we’ll talk about reselling Fiverr gigs. If you’ve come across this page, you’re probably looking for a simple way to make money from freelancing. You may even have prior freelancing experience. You can make a fortune reselling services without ever having to do the work.
It may surprise you to learn that some of those who earn enough money from Fiverr to support themselves make a significant portion of their income from Flipping Fiverr gigs.
In this guide, I’ll tell you everything you need to know to get started and make profits from this Fiverr gig reselling business, whether you’re a freelancer or not.
What Is Reselling Fiverr Gigs?
Reselling Fiverr gigs is also known as “Fiverr arbitrage,”. Drop servicing is a fancy name for reselling services in general.
That is, you sell services done by freelancers from Fiverr to a buyer on another platform, then pay the freelancers who provided the services their share while keeping the remainder as your profit.
This is similar to retail arbitrage, in which people take items they did not create, advertise them, and sell them. Then they pay the item maker and keep the difference as profit.
Is Reselling Allowed on Fiverr?
There are no rules prohibiting you from reselling Fiverr gigs after purchasing them.
According to Fiverr’s Terms of Service, you have complete ownership of any service you purchase on Fiverr and can do whatever you want with it.
Now that you understand what flipping Fiverr gigs entails and that you are permitted to do so, let’s get right into how to do it.
How to Resell Fiverr Gigs
Before you begin offering your flipped services to the general public, you must first complete a few steps.
Step 1: Open a Fiverr account.
This is the first and most basic step. If you don’t already have a Fiverr.com account, it only takes a few minutes to create one. You don’t have to be overly cautious when creating your profile because you’re registering as a buyer.
Step 2: Select a Niche
It’s mind-boggling how many freelance jobs you can offer. On Fiverr alone, there are dozens of subcategories spread across eight categories.
However, when it comes to reselling, some jobs perform better than others. Jobs that can be easily resold must meet certain criteria.
- There must be a reasonable amount of demand.
- The supply must not be oversaturated.
- It should be possible to buy it for a lower price and sell it for a slightly higher price.
- There must be some sellers who have over a thousand reviews.
- It is preferable if an order does not take too long to complete.
While these criteria may appear to be extremely difficult to meet, some categories and subcategories of services fit in perfectly. Videos with whiteboard animation, for example.
These videos, when done professionally, can look great and help explain things in place of long, winding articles.
They are, however, fairly simple to make, and someone who is used to doing them can complete an order in a couple of hours.
However, training for this job takes more time than most people are willing to invest, so supply remains relatively low.
Some of the best Fiverr gigs to resell includes:
- eBook formatting
- eBook cover design
- Article writing
- Voice over acting
- Producing explainer videos
- Design of advertisements
- Writing sales copy
- Logo design
These are the best services to resell on Fiverr that I am aware of, but there are undoubtedly many more. Some of these jobs are easy Fiverr gigs that anyone can do.
After you’ve decided on a job, you should learn a little bit about it. At the very least, enough to appear professional to your customers.
You might not be able to make sales if you sound like a complete noob.
Step 3: Select a Platform
Following that, you need to make arrangements for a platform you will use in delivering your reselling services. You’ll need a website on which customers can place orders. There, you can offer a variety of services with numerous variations, as well as get the offers you want to sell.
Creating a website for the reselling of Fiverr gigs on WordPress will cost you a few bucks but this is the best way to make the most profit from flipping services. With a WordPress service website, you have complete control over the monetization of your business.
WordPress.org is the best website hosting platform. You will need to pay for a domain name and web hosting. Bluehost is an excellent choice for this.
It’s an affordable and reliable hosting company that seamlessly connects you with the WordPress platform. Plus you get a domain name for free for the first year.
Here’s a more in-depth explanation of how to create a Drop servicing website on WordPress.
You can also use Upwork as your gig reselling platform. That is, you can sign up for Upwork and offer your services. When you get a client, you can delegate the work to your freelancer on Fiverr.
This entails profitably flipping Fiverr gigs without creating a website for your business.
Reselling Fiverr gigs on Upwork is a great way to make huge profits because gigs that are only worth a few dollars on Fiverr can be resold for much more on Upwork.
Step 4: Find Freelancers and Put Their Work to the Test
On the internet, there are millions of freelancers.
What you want, however, is a freelancer who can accept work for a low wage. Fiverr has a plethora of talented freelancers who are willing to accept work at reasonable rates.
Some top-rated freelancers on Fiverr, for example, charge as little as $10 for eBook cover designs.
You should look for ranked freelancers, i.e. level one or two sellers. It’s best to avoid approaching Pro sellers because their asking prices are typically much higher.
When you’ve found a few freelancers who appear to be suitable, you should order test services. Select a group of freelancers who have received positive feedback and have quick turnaround times. Purchase their gigs.
Once your order is completed, thoroughly examine it and determine whether it is appropriate for your customers (this is where having that background knowledge comes in handy).
If it is, negotiate with the seller and come to an agreement with them. You get a price reduction in exchange for consistent, large jobs. The majority of sellers will agree.
As a result, the following are the seller’s criteria:
- Work of high quality
- Time of delivery
Once you’ve found at least three sellers who agree to your terms, you can order a few more times to create a portfolio for your WordPress service website or Upwork account profile, depending on which platform you use.
After that, you can proceed to the final step.
You need customers now that you have people ready and willing to handle your orders. The more the merrier. As a result, you must market your services.
If you choose WordPress as your platform, you can get customers for free by setting up an affiliate program in which affiliate marketers promote your offer in exchange for a commission on each purchase.
This drop servicing WordPress course will show you how to do it quickly and easily.
Advertisements can also be run on YouTube, Facebook, Instagram, and Google. You should also promote on forums that are relevant to your niche. Paid advertisements will require some investment, but you can begin slowly and gradually increase your promotions.
Flipping Fiverr gigs is a simple way to make money doing almost nothing. You’re only there to act as a go-between for the customer and the freelancer.
The most important aspect of reselling Fiverr gigs is keeping track of who is doing what, for whom, and how much you are charging. If you can do that, you’ll be fine.