Fiverr Forum

What's with the fee and hold time?


#1

Let me start by saying that I joined Fiverr back in 2011 for kicks. I don’t know when I first posted my first three gigs, but I did so again, for kicks.

Years went by and then it happened… Someone bought.

Even though its FAR less than I charge in my business, I honored the gig, completed it, and got paid. I was then shocked by the amount Fiverr took from my earnings. The next BIG shock is that for the little I made, I had to wait weeks for the money.

Why so long?

I’ve already removed my other two gigs and may remove my third. I’ve already raised the price.

I dislike putting 100% effort for 20% of what I regularly charge and then have to wait so long for the little bits.

My 2¢


#2

Everything you need to know about selling on Fiverr can be found here - good luck! :sunny:
https://sellers.fiverr.com/en/


#3

I understand it’s the policy, but why?

It’s not very seller friendly in my opinion.


#4

The 20% fee is how Fiverr makes its income as a business.

The clearing period - fraud prevention?


#5

20% is steep in my opinion, especially given the amount of traffic they have. And the two week clearing period I’m sure does nothing but bring them extra revenue from interest earnings.


#6

But it’s all clearly stated in their Terms of Service, and you have agreed to the ToS when you signed up.


#7

You may wish to get some facts on your side. According to Alexa, fiverr is a huge traffic website:

image

So you are telling me that for that dollar on a $5 order you can build a website, promote it to top 400 in the US? Hire support staff, and have in place agreements to accept every credit card in the world?


#8

If you type “fiverrs commission” in the search bar above you will find many posts on the subject which may be of help to you.


#9

I’m just saying that one or the other would be completely fine with me, but both together make me question whether to do business on this platform.


#10

How much did you spend on advertising the gigs you created?


#11

Not this again :disappointed:
Haven’t we discussed the 20% commision enough? Some are OK with it, some aren’t.
There are literally over 50 threads about this with hundreds of responses.
https://forum.fiverr.com/search?q=commission