With the rise of freelancing websites, many people are wondering which is better: Fiverr or Upwork? For those of you who don’t know, Fiverr is a website where you can buy and sell services for $5. It’s an easy way to make some money on the side while also helping others with their projects. Upwork is similar in that it allows freelancers to bid on jobs from clients around the world. However, there are 7 pros and cons that each have to be taken into consideration before making your final decision.
What is Fiverr?
Fiverr is a website where people offer to do various tasks or jobs, often called “gigs,” for $5. People can post gigs in the categories of graphic design, writing and translation work, video and animation services, music composition, programming and web development support. It was founded by Shal Wininger and Micha Kaufman in 2009 as a way to bring together freelancers who could complete small tasks with little upfront investment on either side. Fiverr is now one of the main ways many freelance designers earn their living.
Commission
Every time a freelancer completes an order on Fiverr, they take 20% of the fee. This means that for every $100 you earn with your gig, you’ll get to keep $80 as your commission.
Number of Users
Fiverr claimed that there will be 830,000 freelancers on the site in 2019, but a study by Hired found that only 11% of them had done any work in the past six months. TechCrunch stated that Fiverr has completed 50 million transactions by connecting 5.5 million buyers to freelancers.
How To Sell On Fiverr?
It works by posting gigs on the site with specific requirements like “I will design an ad campaign,” so when someone creates a project request matching those specifications, you’ll be notified via email from Fiverr informing you about this person. After receiving notification, all you need to do is a reply to the gig poster and send your proposal.
Payment Timeline
As a freelancer, you will be paid via PayPal, or Bank Transfer 14 days after the gig is completed or if it doesn’t project, then five days before the due date.
You can request an advance on your earnings from Fiverr by using My Wallet to withdraw money early while still getting the full amount in return. This option is available for those with balances over $500 and who have been active on Fiverr for more than six months. To use this feature simply create a wallet withdrawal order and select “Withdrawal Advance” as your reason for withdrawing funds. Then all you need to do is confirm that you want to complete the process of withdrawing some of your earnings so they are sent directly into your bank account.
Pros
- It is free to join.
- You can work with as many clients as you want.
- The site is international which means it doesn’t matter where you are in the world
- Fiverr allows for quick turnaround and little upfront investment.
- You don’t have to invest a lot of time upfront and you can always escape with little or no loss in case the
Cons
- It takes longer to find a project and do it because you have to contact each client
- High and fixed commission – 20% for
- It is slow to get started because you have to build your portfolio before you can start getting
- People can’t just come to the site and order work from you because they have to contact you first, which means a lot of time to communicate
- Long payment timeline – 14 days
What is Upwork?
Upwork is a freelance platform that connects freelancers in over 180 countries to contractors for short-term projects, typically digital and creative work. The site charges clients like businesses or individuals who want the job done with an hourly rate of $275 on average. Freelancers can charge their own rates too ranging from $0-$200 per hour depending on the skillset.
Commission
There is a commission of 5-20% that Upwork takes from the freelancer and gives to the contractor. The more freelancers earn, the lesser the commission taken by Upwork.
Number of Users
Upwork has over 13 million registered freelancers and connects nearly one million clients to work with them. Upwork claimed that they have 145 thousand buyers who are actively hiring freelancers in 2020.
How To Sell On Upwork?
Freelancer can sell on Upwork by following these steps:
- Create an Upwork account and profile.
- Post a job listing in the appropriate category, which you can do for free on Upwork’s website. You will be able to set what type of work is required and how much you want to pay your freelancer.
- Wait for bids from potential workers with the skills needed, then contact them one by one until you find someone who has accepted the terms of payment and skills needed
Payment Timeline
The payment timeline is quite straightforward; It takes one day for money to get transferred into your bank account after funds have been withdrawn by the client
You can also use PayPal or Google Wallet in order to receive payments made through Upwork’s’ platform
There are no hidden charges such as wire transfer fees that apply when withdrawing cash from PayPal accounts outside of United States borders either
Payments are sent at least once every two weeks and sometimes even more frequently depending on where you live.
Pros
- Higher pay relatively because Upwork positioned itself as a “luxury” freelance platform
- Easier to get paid in a timely manner
- No hidden fees
- Smaller risk of scams, as Upwork has a dispute system in place to help resolve these
- No risk of running into another freelancer’s client who may have a personal vendetta against you
Cons
- It can be difficult to find high-paying jobs because there are so many freelancers posting lower-paying ones and
- Price war because of the high competition with bidding
- less flexible scheduling than Fiverr
- User interface and user experience is weaker relatively compare to Fiverr
- The complicated registration process that is not friendly to new freelancers
Conclusion
The decision between which one to use is a tough call. You can try both services and see what works best for you, or just go with the one that’s cheapest. A lot of people choose Upwork because it has more jobs posted on their website than Fiverr does. Others prefer Fiverr because they get paid quicker and are able to set their own prices per job. Whichever site you decide on, make sure it suits your needs before committing! Somehow Artmeet do provide listing place for you to publish your freelance services ya ~