I increased my prices before, but since I was getting no orders, I changed them back. Now that I am earning a fair amount a month, and getting more an order a day, with a few regular clients. Since last time I no longer am getting cancellations, except for one that was forced on me because of a PayPal issue a month after the fact.
At first, I just lowered my word count, which works out really well. I started selling for 800 words for 5$, and almost immediately changed that to 500 for 5$ with each additional 300 words for 5$. I have been steadily increasing it until I was at 300 words for 5$ and each 150 words for 5$. Now I am at 500 words for 10$, with each additional 150 at 5$, just to help get rid of those annoying orders that ask for a ton of information to be packed into 300 words because they don’t want to pay extra. I literally had to write an entire detailed erotica scene in 300 words, which was difficult as hell!
I am nervous though, as I am afraid that increasing my price will make people stop buying my gigs. Not because I don’t think I provide excellent service or quality, but simply because Many clients on Fiverr don’t see past the 5$ mark. Granted, most of my clients pay far above 5$ for my writings, so I should not be worried, my Average Selling Price is about 18.50 USD, with a couple paying over 80$ for my services.
I probably shouldn’t be worried, I just am. I’ll see how this works, and come back if it works out. This pays my rent and bills, so I kinda can’t afford to take risks with raising prices too much… although I do earn some extra from outside sources, so that helps a ton.
Idk, what do you all think?