Fiverr is a popular platform for freelancers to showcase their skills and earn money by selling their services to clients all over the world.
While the platform offers an opportunity for freelancers to find work and earn a decent income, it’s important to understand the fees and charges associated with using the platform.
In this guide, we’ll take a closer look at how much Fiverr takes from sellers.
Fiverr Fees for Sellers:
Fiverr charges sellers a fee for each transaction that they complete on the platform. This fee is known as a service fee and is deducted from the total amount that the seller receives for the order. The service fee varies depending on the value of the order and ranges from 5% to 20%.
Here’s a breakdown of the Fiverr service fee:
For orders up to $40, Fiverr takes a 20% service fee.
For orders between $40 and $1000, Fiverr takes a 5% service fee.
For orders over $1000, Fiverr takes a 5% service fee on the first $1000 and a 2% fee on the remaining amount.
In addition to the service fee, Fiverr also charges sellers for withdrawing funds from their account.
When a seller withdraws funds from their Fiverr account, they are charged a processing fee of $1 for each withdrawal.
This fee is in addition to any bank or payment processor fees that may apply.
It’s important to note that if a seller has a Fiverr Pro account, the service fee is higher than the standard fee.
For Fiverr Pro orders, the service fee is 20% on the first $500, 10% on the amount between $500 and $10,000, and 5% on the amount over $10,000.
Seller Levels on Fiverr:
Fiverr offers three different seller levels — New Seller, Level One Seller, and Level Two Seller. As a seller completes more orders and receives positive reviews, they can progress to higher levels and receive additional benefits.
Here’s a breakdown of the different seller levels and their benefits:
✔ New Seller — This is the starting level for all sellers on Fiverr. New sellers can create up to seven active gigs and have access to Fiverr’s basic tools and resources.
✔ Level One Seller — To qualify for Level One Seller status, a seller must have completed at least 60 days on the platform, completed at least 10 orders, and maintained a high level of customer satisfaction. Level One Sellers receive additional benefits such as the ability to create up to 15 active gigs and access to Fiverr’s priority support.
✔ Level Two Seller — To qualify for Level Two Seller status, a seller must have completed at least 120 days on the platform, completed at least 50 orders, and maintained a high level of customer satisfaction. Level Two Sellers receive additional benefits such as the ability to create up to 20 active gigs, priority support from Fiverr’s customer support team, and access to Fiverr’s promotional tools.
Conclusion:
As a freelancer, it’s important to understand the fees and charges associated with using Fiverr.
Fiverr takes a service fee for each transaction that sellers complete on the platform, which varies depending on the value of the order. Additionally, sellers are charged a processing fee of $1 for each withdrawal from their Fiverr account.
By understanding the fees and charges, sellers can make informed decisions about pricing their services and managing their earnings on the platform.
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