Fiver is an online marketplace/website where you can sell your services directly to the buyers and earn good money. As you know online market is growing day by day and people are more interested in online shopping so if you have any talent orif you want to provide an online service or if you are an entrepreneur and wanta market for selling your services then Fiverr is perfect marketplace for you. If you don’t have any idea about Fiverr then this article will help you to know about Fiverr and how you can sell your service on Fiverr.
What is Fiverr?
Fiverr is an online marketplace where you can sell your services to the buyers. As you know that online websites like amazon and flipkart are available for online shopping and Fiverr is like them. Fiverr is a website where a buyer can buy services from seller available on the website. If you are a singer, musician entrepreneur, writer, web analyst or you have any skill then you can sell your services to the community through the Fiverr. Fiverr is charging no money for signup on the website but when you sell a service on the website then they will charge 20% of selling price.
How does it work?
It works very simple, if you are new to the website then first you have to create a profile on the website then you can list your services on the website with the selling price then people will view your profile and if they like your profile then they can hire you or they can buy your services. When you sell your service then the Fiverr will charge 20% commission on your selling price of service.
How to start selling on Fiverr?
- You have to create a profile on Fiverr because without creating a seller profile you cannot sell on Fiverr so it is very important and mandatory to make a seller account or create a seller profile on the website. Your profile is how you present yourself and how you present your services to the community. You have to create a unique profile so people will attract to your profile. During making your profile you have to fill your personal information, and you have to give your bank account details for receiving payments from buyers.
- After making a profile you have to create a gig which means you have to create a service that you sell on Fiverr. Creating your gig is an opportunity to showoff your talent and you have to give an information about your service and price of your service so people can understand what service you are providing so crating a gig is very important for seeking attention of buyers. You can also add a video on your gig so people can easily understand your service.
- Soas you can see above that it is very easy to sell a service on Fiverr and you can reach to the global audience through Fiverr. It is very important to follow Indian laws because you are selling your services in India and even if you are selling your services outside India but if origin of service in India then you have to follow Indian laws. So here are some important legal registration which can help your business.
- Udyog Aadhar registration is very important for you because it will give you many benefits and you can apply for loan on low interest rates through Udyog Aadhar. Indian government is providing many schemes for entrepreneur, and small business through Udyog Aadhar. If you want to take benefits from government scheme or want subsidy from government scheme then you have to register your business under Udyog Aadhar. After obtaining Udyog Aadhar you can represent your services at global level. You can apply for Udyog Aadhar registration through online mode and it does not require any documentation.
- Good sand service tax (GST) registration is very important for you because according to GST laws if you are providing a service or selling a product then you have to register your business under GST. According to GST laws GST registration is mandatory if your turnover is more than 20 lack rupees or in some state limit is 10 lack rupee sand in case of failure of GST registration you may have to face legal consequences.
As you can see in above article that Fiverr is growing website where you can sell your services direct to buyers. If you have any talent or if you are an entrepreneur and want to sell your service then you can sell your service through the Fiverr. It is very easy to sell your service on Fiverr, first you have to create your profile on the website then you have to create a gig on the website so people can see your gig and according to your gig then can hire your or they can buy your service. As you can see above Udyog Aadhar and GST registration is also important and mandatory for your business so you should consider the above given points.