Are you feeling the pinch of the current economy? With interest rates raised by our Federal Reserve and companies across the tech industry laying off thousands of workers, and the cost of everything, including gas and even eggs going up and up! Do you still need clarification on whether or not we are in a recession? Recession or not, many of us would love to have an extra $500 a month or more in 2023.
And, as the saying goes, you shouldn’t wait till you need money to make money, so let’s start today with these top 3 money-making opportunities using Fiverr and ChatGPT.
Fiverr is a popular online marketplace that connects freelancers with clients worldwide. Right now, there are people on Fiverr making $500 a month, $1,000 a month, and even $4,000 a month as freelancers on Fiverr. Some freelancers are making over six figures! Whether you’re an expert in web design, writing, or social media marketing, you can find work on Fiverr. On Fiverr, you can find work even if you only utilize your typing skills. Here at Books After Dark, we often work with Fiverr freelancers to assist with the layout and design of our books and notebooks, including our Sarcastic Sally Coloring Books. We are very grateful to the team of Freelancers over at Fiver that we can delegate tasks to make our lives easier and have time for other things like writing this fantastic blog.
With the help of ChatGPT, a large language model trained by OpenAI, you can take your freelancing to the next level. Here are three ways to start making money online using Fiverr and each opportunity’s average monthly earning potential. If you start now, you’ll be well on your way to earning $500 a month or more by Summer.
Content Writer
If you have a way with words, you can earn money on Fiverr by offering writing services. ChatGPT can help you generate content based on your client’s prompts or provide corrections to your text. You can create blog posts, articles, product descriptions, and more using this text.
As a content writer, a client could hire you to:
• Create high-quality 1,000-3,000 words articles
• Perform keyword research and find low-competition keywords
• Optimize posts for search engine optimization (SEO)
ChatGPT can assist you with all the above gig opportunities, making it easier and faster to complete the work from your clients. The faster you complete gigs, the more money you can make because you have more time to take on new clients. If you can create good articles, you can earn between $100-$500 per article.
According to ZipRecruiter, the average monthly earnings for freelance writers are as high as $13,750 and as low as $917. Most freelance writer salaries currently range between $3,125 (25th percentile) to $6,500 (75th percentile) across the United States. This figure can vary depending on your experience level and the type of writing projects you take on. For example, Alexandra Fasulo, a well-known full-time freelance writer on Fiverr since 2016, says she earns $37,000 a month.
Transcription Services
If you can type, transcription is one of the easiest gigs to help you get started as a freelancer on Fiverr. ChatGPT can assist you by generating text based on your prompts or correcting your text. Like writing gigs, you can use this text to create blog posts, articles, product descriptions, or audio or video content.
As a transcriptionist, a client could hire you to:
• Transcribe audio files into text
• Review audio transcripts for accuracy
• Verify that the transcript matches the audio
• Interpret the spoken audio and identify contextual mistakes
• Correctly identify each speaker in the transcript and label them
• Correct spelling, punctuation, and grammatical errors in the transcript
ChatGPT can help you fulfill all of the above work opportunities and complete projects faster and with more accuracy, thus increasing your earnings. PayScale says the average hourly rate for transcriptionists is around $17.75. Some top-level sellers on Fiverr offer their transcription services at $5 for basic 10-minute transcription and up to $60 for 120 minutes.
Social Media Marketing
Social media marketing is a popular service on Fiverr. With the help of ChatGPT, you can create engaging social media content optimized for search engines and tailored to your client’s audience. You can also use ChatGPT to generate ideas for social media campaigns or to provide insights into social media analytics.
As a social media marketer, a client may hire you to:
• Perform competitor research for organic growth
• Create content
• Schedule posts for social media
• Develop action plans for growth
• Report on engagement/analytics
According to Payscale, the average monthly earnings for social media managers on Fiverr is around $4,500. This figure can vary depending on your experience level, the number of clients you take on, and the complexity of the projects. Some level 2 sellers on Fiverr offer basic social media marketing services at $195 and expanded services, which include managing multiple platforms at $495.
Now all this money sounds good, but what’s the catch? Most new freelancers on Fiverr start with charging $5 per gig for their services, and for every transaction, regardless of your prices, Fiverr will take a percentage. Now, $5 for writing content, social media posts, and transcription services may seem like a low return. However, for many on Fiverr, it has been a great way to build credibility and reputation on the platform. By providing quality work at an affordable price and earning positive reviews and ratings, you can quickly establish yourself as a reliable and trustworthy freelancer, leading to greater earnings in the long run.
The key to building credibility on Fiverr is consistently delivering high-quality work, communicating effectively with your clients, and always meeting your deadlines. By doing so, you’ll not only earn positive reviews and ratings, but you’ll also establish yourself as a professional and reliable freelancer. As you build your credibility on Fiverr, you can gradually increase your prices and charge more for your services.
If you want to learn more about building your credibility on Fiverr and stand out from the competition, stay tuned for our upcoming blog post on tips and strategies you can use to earn more money as a freelancer on the platform. In the meantime, start with $5 gigs and focus on delivering quality work and building your reputation – the rewards will follow!
Ready to turn your business dreams into reality? Click here to kickstart your journey by either becoming a Fiverr freelancer or hiring one to help you launch your products and conquer your social media goals! You can also start your freelancer search using the Fiverr search tool below.
And click here to start promoting the world’s largest marketplace for freelance services and cashing in on some commission by becoming a Fiverr affiliate!
