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Fiverr vs Upwork: Which is Better for Freelancers in 2023?

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Written by Enoch Omololu
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With the rise of the gig economy, more and more people are turning to freelance as a way to make money. As a freelancer, you can choose from various online platforms to find work.

Two of the most popular freelancing platforms are Fiverr and Upwork. Both of these platforms offer a range of opportunities for freelancers. But which one is the best?

In this article, we explore the pros and cons of both Fiverr and Upwork so you can decide which platform is right for you.

We’ll also discuss the importance of online platforms for freelancers and how they can help you to find work and increase your income.

What is Fiverr?

Fiverr is an online marketplace created for freelancers to offer services, known as “gigs,” to businesses and individuals. It connects freelancers and businesses and is a great platform for freelancers who are looking to monetize their skills.

On Fiverr, freelancers can offer their services, ranging from graphic design and coding to copywriting and translation. They can offer these services to businesses and individuals around the world.

Freelancers can set their rates and choose the type of services they want to offer. Fiverr also offers tools to help freelancers manage their clients, collaborate with other freelancers, and track their progress.

Additionally, Fiverr provides resources and support that freelancers can use to build their businesses.

With Fiverr, freelancers can find work quickly, get paid quickly and securely, and connect with people worldwide. Fiverr is a great platform for freelancers who are looking to make money and build their businesses.

How Does Fiverr Work?

To start using Fiverr, freelancers create a profile that lists the services they are offering and the prices they are charging. Buyers can then browse through these profiles to find someone who is offering the services they need.

Once a buyer finds the right freelancer, they can place an order and make payment through an Escrow payment system. The freelancer then completes the job, and the buyer can leave a review for them.

What is Upwork?

Upwork is an ideal platform for professionals looking to expand their client base, build their professional network, and increase their income. It offers a variety of services, including job postings, hourly rate contracts, and fixed-price contracts.

Businesses can post jobs in specific categories, such as web development, graphic design, writing, and customer service.

The platform also provides tools for employers to track and manage projects, as well as tools for freelancers to manage their time, track their progress, and get paid.

With Upwork, professional freelancers can access a wide range of project opportunities, from one-time gigs to long-term projects. They can also work with clients from anywhere in the world and set their rates.

Upwork also provides resources to help freelancers find success, such as tutorials, advice, and support.

With Upwork, freelancers can take control of their freelance careers and find meaningful work that fits their lifestyles.

How Does Upwork Work?

Similar to Fiverr, freelancers on Upwork create profiles that list the services they are offering and the prices they are charging.

Upwork works as a bidding system. Buyers can browse through these profiles to find someone who is offering the services they need.

Once a buyer finds the right freelancer, they can post a job listing with the details of the project they need to complete.

Upwork has a built-in system that helps buyers and freelancers find each other and connect. They can then communicate and collaborate using Upwork’s messaging, calendar, and file-sharing tools.

Once the job is done, buyers can pay the freelancer. Upwork also uses an Escrow payment system.

Related: Best websites for making money online.

Fiverr Fees

On Fiverr, the fees are generally broken down into the Fiverr Service Fee and the Fiverr Processing Fee.

The Fiverr Service Fee is 20% of the total cost of the transaction. The Fiverr Processing Fee is an additional 3%.

So, if your services cost $100, then the total fees would be $23.

As a Fiverr freelancer, you can set competitive rates for your services, ranging from $5 for basic services to hundreds of dollars for more in-depth projects.

Upwork Fees

On Upwork, the fees are broken down into a service fee and a processing fee, just like with Fiverr. However, the amount of the fees taken is based on the amount of money you make from your clients.

If you make less than $500, the fee is 20% of the total payment, plus a 2.75% processing fee. If you make more than $500, then the fee is 10% of the total payment, plus a 2.75% processing fee.

So, if your services cost $100, then the total fee would be $22.75.

image showing logos of fiverr and upwork

Types of Jobs on Upwork vs Fiverr

Upwork offers a wide range of opportunities including:

  • freelance writing
  • web design
  • software development
  • graphic design
  • virtual assistance
  • marketing, and many more.

Upwork also has a comprehensive job search feature allowing you to search for jobs based on categories, keywords, and other criteria.

Fiverr, on the other hand, is a freelancing platform that specializes in digital services. The platform offers a variety of services, including:

  • web design
  • logo design
  • SEO
  • copywriting
  • teaching online
  • social media marketing
  • virtual assistance
  • video editing, and more.

Unlike Upwork, Fiverr does not have a job search feature, so you need to browse through the categories to find the type of job you are looking for.

Related: Learn how you can make money on social media.

Pros and Cons of Fiverr

The main reason why Fiverr is best when it comes to freelancing relies on its many advantaged features. The advantages of selling gigs on Fiverr include:

  • Low overhead costs – There is no need for large upfront investments or expensive equipment.
  • Flexible hours – Sellers can work when and where they choose as long as they meet their deadlines.
  • Wider audience – Fiverr has a large base of potential customers that can be accessed easily.
  • Variety of services – Sellers have the opportunity to offer a variety of services, which can help to attract more customers.

On the downside, the drawbacks of selling on Fiverr include:

  • Low pay – While Fiverr is a great way to make some extra money, the pay is generally quite low.
  • Limited control – Fiverr takes a cut of the money earned, and sellers have limited control over how much they make.
  • Poor customer service – Fiverr’s customer service is not always the best, and sellers may find themselves dealing with difficult customers.
  • Risk of scamming – Fiverr has had a problem with scammers in the past, so it is important to protect yourself and your work.

Pros and Cons of Upwork

The advantages of using Upwork as a freelancer include:

  • A large database of clients
  • Easy to use. It has a simple search function to find jobs that match your skills and qualifications
  • Reliable payment for freelancers
  • You can set your rates and choose the hours you want to work, giving you more freedom and flexibility.
  • Upwork offers a variety of services and tools to help you manage your projects, including project tracking, invoicing, and time tracking.

The disadvantages of using Upwork for freelancing include:

  • A lot of competition
  • The fees charged by Upwork can be quite high, depending on the type of job you’re doing
  • It can be difficult to stand out from the crowd, as there are so many other freelancers on the platform.
  • Upwork does not offer any protection for its freelancers, so you need to be aware of the risks involved in working with any client.
  • The platform is not always reliable and can sometimes be slow or unresponsive.

Fiverr vs Upwork vs Freelancer

Fiverr and Upwork can also be compared to other freelancing platforms, such as Freelancer and Guru. Let us look first at how Fiverr and Upwork are, compared to Freelancer.

Fiverr is a great platform for freelancers looking to work on small projects or quick tasks. Its user-friendly interface and wide range of services make it very accessible for new freelancers.

Upwork is a great option for those looking for long-term projects with more support and resources. It also offers more comprehensive tracking and payment options.

Freelancer is a great platform for those on a tighter budget. It provides access to a wide range of services and resources. It also allows freelancers to post their projects. Freelancer has a very user-friendly interface.

However, it is more limited in tracking and payment options than Upwork or Fiverr.

Related: Best task apps to make money.

Fiverr vs Upwork vs Guru

Guru is similar to Freelancer in that it offers a wide range of services and resources. However, it is much more expensive. It also does not offer the same level of tracking and payment options as Upwork or Fiverr.

Overall, Fiverr and Upwork are the best options for freelancers looking for long-term projects and comprehensive tracking and payment options.

Freelancer and Guru are better suited for those on a tighter budget or looking for quick, single projects.

Fiverr vs Upwork: Which is Better?

In conclusion, it can be difficult to determine which platform is better for freelancers. Both Fiverr and Upwork offer unique benefits and drawbacks.

Fiverr is great for those looking for quick turnaround times and low-cost services. Upwork is better for those who want to be able to negotiate with potential clients and who may be looking for more long-term work.

Ultimately, freelancers should research both platforms to determine which one best suits their needs.

Whichever platform you choose, you can combine that with a lot of hard work, so you can achieve success and build a profitable career.

FAQs

Can you make more money on Fiverr or Upwork?

It depends on the type of services you offer and the amount of effort you put in. Generally, Fiverr tends to offer more opportunities for making money as it is a microservice platform.

Is Upwork good for beginners?

Yes, Upwork is great for beginners. It has a wide range of job opportunities and offers great support for freelancers.

Does Upwork pay daily?

Upwork does not pay daily. Payments are made on a weekly or monthly basis, based on the job type.

Can you make a living off Upwork?

It is possible to make a living off Upwork, depending on how much effort you put in and the type of job you do.

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Gravatar for Enoch Omololu

Enoch Omololu

Enoch Omololu is a personal finance expert who has a passion for helping others win with their finances. He has a master’s degree in Finance and Investment Management from the University of Aberdeen Business School and has been writing about money management for over a decade. Enoch has been featured in several leading personal finance publications including MSN Money, The Globe and Mail, Wealthsimple, and the Financial Post.

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