In my category, I’ve seen the same. Then I click on their gigs and see they have no orders, no one in their queue, maybe a few reviews and that’s it.
Then I look at those who charge more and some have a ton of orders.
I believe in being competitive, not in giving away the store.
Some people work faster, some work 10-hour days, you never know.
This is how I see it. If what you’re doing isn’t working, change what you’re doing. If you’re not getting orders at $5, charge $10, charge $20, and see if you start getting them.
Also, try to find a niche. Look at logo designers, you have retro logos, minimalistic logos, modern logos, etc. Book cover designers have specific gig for Christian books, horror books, romance, even adult.
They know that sometimes clients search “book cover” and sometimes they search “Christian book cover.” I know that if I need web design, I’m going to search “wordpress” or whatever platform I’m using.