I respectfully disagree. IF there are tons of others doing it for $5, you actually may get away with it.
Fixing bugs is an art and a science. Some people are far better at it than others. IF you are great at it, then it would be worth more than having someone else do it.
Almost all marketplaces have room for a few premium sellers. From pizza to perfume, to writing and almost all other service, some buyers WILL select the one who is charging a premium, especially if someone has the experience to back it up and/or a great backstory.
Starbucks kills it selling coffee for more than McDonalds. Is the coffee really worth almost double?
If I need a bugfix, I would prefer to find the premium provider. If it’s related to a business, I want the most experienced person, not the cheapest.
Just saying, it’s a very rare marketplace that doesn’t support some who charge a premium, because there are a set of buyers, even on Fiverr who want more, and will pay for it. I see it in the voice over category, and as a business principle there are a few names for it:
Veblen goods, (people associate higher price with status and exclusivity)
Bandwagen Effect (if 2000 others select you, you must be worth it…)
There are plenty of people who subscribe to “No free lunches” and “You get what you pay for…” even on Fiverr.
For some, and extra $5 is worth it IF they believe you are faster, better, more experienced or otherwise better than the rest. Some of that is how you position yourself… Again: These marketing concepts have been around for decades and still apply, even in the gig economy.
It can’t be that everybody is equal when it comes to fixing bugs. Some people are far better at locating, predicting and fixing bugs than others. (It’s an art and science.)
I’d also say, if everybody else is $5, it’s the perfect time for someone to take a stand and be double. That person will do very well IF they are good, and market wisely.