Around $1 Billion worth of services are sold on Fiverr annually,
which means the service marketplace has grown exponentially over the last few years,
with more and more people joining the community every day.
But what will the Fiverr community look like in 2022? Let’s take a look at some of the statistics that reveal where we’re headed with Fiverr.
What is fiverr?
Fiverr is a website where people can find services to outsource.
Services range from digital marketing and SEO to website development and design.
In just a few short years, Fiverr has become a popular source for businesses and individuals seeking quality services at an affordable price.
1) The cost to get started on fiverr
Fiverr is a great way to get started on your own. The company only charges $5 per gig, and you can offer any service you like.
You can also set your own price for each service. Plus, fiverr has a great rating system that allows you to see how well you’re doing.
The company also has a referral program. Each time you refer someone to fiverr and they complete an order, you get $5 for free! That’s an easy way to pocket some extra cash.
2) Over 100 million people will use the platform by 2022
Founded in 2010, the platform is used by businesses and individuals to connect with freelancers offering digital services in more than 300 categories.
According to a recent study, it is estimated that over 100 million people will use the platform by 2022.
The number of sellers on the site has increased steadily from around 500,000 in 2016 to almost 1 million this year.
There are also an estimated 3.2 billion visits annually from buyers on the site who can rate their experience with their assigned seller as well as leave reviews.
3) There will be over 350,000 sellers on Fiverr by 2022
This is a startling statistic because it represents a three-fold increase from the amount of sellers on the platform in 2017.
The majority of these sellers are from the United States, but there is a growing number of international users.
What’s even more impressive is that these sellers offer services in over 200 different categories, ranging from marketing and design to video and animation.
In 2022 , Fiverr will boast over 350,000 sellers – a three-fold increase from their numbers in 2017.
Out of those 350,000 sellers, almost half come from the US while approximately 25% hail from other countries.
4) Sellers can make over $300 an hour with video services
According to a recent study by the company, professional video services are one of the highest rated and most popular categories on Fiverr.
In fact, sellers in this category make an average of $300 an hour! And with video marketing becoming more and more popular, it’s no surprise that this number is only going to continue to grow in the coming years.
According to our sources, last year over $1 million was spent marketing professional video services on Fiverr.
And with close to 20 million transactions taking place each year (according to statistics),
you can see why marketing professionals would invest in the company as well.
5) Fiverr will be worth $7 Billion
- Fiverr is a company that allows users to find and purchase services from professionals in a variety of categories, such as marketing, design, and business consulting.
- In 2022, the company is expected to be worth $7 billion.
- This growth is due in part to an increase in traffic and a higher rating and review score from users.
- When reviewing ratings and reviews for a company like Fiverr, it’s also important to consider whether users are satisfied with their service.
Currently, 80% of customers rate their experience as positive or neutral.