Think you know everything there is to know about the gig economy? Think again. While many people are now familiar with the concept of freelancing, they may not realize that there are two major platforms competing in this space—Fiverr and Upwork, the two most widely used gig economy websites on the internet today. What makes one platform better than the other? Which site should you use if you’re looking to build your business in the gig economy? For answers to these questions and more, check out this comprehensive guide to Fiverr vs Upwork.
Fiverr is a website that allows people to offer their services, commonly referred to as gigs, at $5 a pop. These gigs range from things like logo design to video editing, and they’re usually not freelance positions. Rather, they’re quick jobs that can be done in a short amount of time. These clients seek out and hire qualified freelancers who can execute their project. With the large number of services offered, it’s possible for someone to find a gig with his or her skill set listed on the site. For example, if you know how to edit videos, then you could go on Fiverr and offer your service as an option for anyone looking for someone with this talent.
The popular site that helps you hire freelancers to do just about anything you can think of (and maybe some things you can’t even think of!). But did you know that there are actually two different versions of Fiverr? One version of Fiverr is for standard users, and the other version of Fiverr is called Fiverr Pro. The main difference between these two versions? Pro comes with benefits for both you and your freelancer that are not available on the standard platform.
UpWork is a platform that connects freelancers with employers. The company was founded in 2014 and is headquartered in San Francisco, California. While freelancers or gig workers can create an account and bid on projects from anywhere at anytime, their profile and skills are verified before they are able to start bidding for work. UpWork also helps gig workers find work by providing job postings from employers who need help with projects of all shapes and sizes. Freelancers have the opportunity to submit bids on these projects and if selected, they will be paid through the website. One major benefit of UpWork over Fiverr is that it has the ability for companies to connect directly with freelancers without needing a middleman.
Both platforms offer a unique experience, and it is up to you to decide which one will work better for your needs. If you are looking for quick gigs that take little time to complete, then Fiverr is the best choice. However, if you are looking for long-term projects or want more control over your budget then Upwork might be a better option. For example, if you want to hire someone for an hourly wage, then Upwork would be the better choice because they have an hourly rate of $22 an hour. On the other hand, Fiverr only has an hourly rate of $5 per hour with no contract type agreements. They also allow freelancers to earn a higher rate on their jobs. You can find all sorts of freelancers on both sites from content writers, marketers, translators, graphic designers and social media experts. The difference is that Upwork requires freelancers to set rates based on what they feel comfortable charging while Fiverr sets rates by project.
It depends on the project and your needs. If you’re just looking for something quick and easy, it’s probably best to use fiverr. For a more thorough and higher-quality product, go with upwork. There are pros and cons of both platforms, so do your research before deciding which one is right for you. The prices on both platforms vary widely depending on what type of gig you need completed. For example, if you want to create an ebook cover or book trailer, the cheapest option will be fiverr. On the other hand, if you need someone who can write high quality content for your website or social media posts, upwork might be your best option.
Both upwork and fiverr fees is around 5%-5.5% from the client side.
The freelancers who working in the platforms paying much higher fees. fiverr fees for sellers are 20% from earnings and upwork taking even more.
Fiverr Pro isn’t just a way to purchase gig extras; it’s also a qualification that sellers have earned by providing exceptional service and by building their seller reputation on Fiverr. With Pro, you get access to faster order completion and more communication with your seller. While non-Pro buyers are able to review each seller’s order history and rating before purchasing, Pro buyers can communicate directly with sellers from their dashboard. This is extremely helpful when working with freelancers who are located outside of your time zone or across a language barrier. And when you trust your freelancer, you can use Fiverr Escrow—something not available through non-Pro transactions.