Which Marketplace Is Right for You in 2024 - Upwork or Fiver?

Freelance Outsourcing. Young generation is more interested in this free profession. Freelancers or independent professionals earn income by doing various foreign IT jobs at home. But many people are confused about how to start, what to know to become a freelancer. Many do not even get proper guidance.

Those who have a little idea about freelancing must have heard the names of popular freelancing marketplaces like Upwork and Fiver. With the help of these freelancing sites called marketplace, every day lakhs of skilled people are getting work in their own capacity and becoming self-reliant. This article is for those readers who are interested in freelancing.

What is Freelancing Marketplace?

A freelancing marketplace refers to any online website through which freelancers and clients can connect with each other. A freelancer creates a profile with samples of their work, clients post job ads. Eligible people get jobs by applying in these notifications. Clients from any country can make payments and a freelancer can get paid. That is, a client posts a job for a specific job. Among the freelancers of different countries of the world who are interested in doing that work, find a qualified freelancer to do his work and get him to do the work. A freelancing marketplace is a meeting place for clients and freelancers. Many times clients give work to freelancers without posting their profile

Each platform has a different style of work and the freelancers working on each platform are also different. In today's blog, we will mainly discuss about freelancing marketplaces like two popular sites, Upwork and Fiver.

Upwork:

Upwork is the world's largest online freelancing marketplace with over 12 million registered freelancers. The job posting feed here updates very quickly. Big companies like Microsoft, Automati, Dropbox are also clients here.

Upwork makes it easy for both clients and freelancers to find each other. Each freelancer is initially required to share a 20% fee of their remuneration with Upwork. Repeated work with the same client reduces that fee

In my opinion Upwork is the most difficult platform among freelancing sites and professionalism is very important to work here. Knowing 40% of a skill shouldn't even get you profiled to work on Upwork. Before working here you have to go through some steps and after that step you will be eligible to profile here.

• What to do before creating a profile on Upwork?
• Have a portfolio?
• Does the visitor have ID or passport or driving license? (for verification)
• Have you written an overview of the job you are looking for?
• Has the profile title been selected?
• Have a profile picture taken?
• Are skills sorted?

Once all these are ready you are ready to create your profile on Upwork. If everything goes well, they will approve your profile. To work on Upwork, your profile must be approved. Otherwise you cannot work. Account may not get approval if profile is not professional. Because their profile lacks professionalism. You are a professional, I can tell from your profile.

What is Upwork Connect? How to use?

Connect is the currency of applying to Upwork. This currency will be deducted when you apply for the job. At the very beginning you will get 20 connections. Sometimes you need 6 connections, sometimes 4 or 2. In some cases the application currency is refunded if you do not get the job. But you should be very careful while applying so that you don't waste your limited currency. Moreover, Upwork now has a direct contact option through which you can bring clients from outside and get paid for the work. This may require you to charge an additional 3%, but working through Upwork will keep your payment secure. Upwork currently takes 20% of every payment.

Types of jobs at Upwork:

Here you can do 2 types of jobs:

1. Hourly work on Upwork: If you work hourly it means you get paid for every hour you work and this payment is tracked with a time tracker. Time Tracker captures the screen every 15 minutes and tracks whether you are working or not. It can monitor your typing speed and activity, which helps the client to understand your work speed. This tracking ends every Sunday and billing by Wednesday. You can withdraw money next Friday.Upwork
2. Fixed Price Work at Upwork: For fixed projects you work at your convenience. The client will set milestones for you, by which deadlines the work must be submitted. Fixed price work takes 14 days to receive payment so the client can check your work.

Some more information about Upwork for beginners:

• In Upwork you can create a specialized profile for each skill. For example, you do marketing. Even if you have marketing in your main profile, you can create a specialized profile in the same profile for a completely different skill.
• You no longer need to create new profiles for new skills. You may not have more than one profile on Upwork or any other platform. Your profile name and voter ID name must match for verification on Upwork.
• Rising Talent, Top rated, Top rated plus, Expert-Vetted are some badges of Upwork. As you work and clients give you feedback, you will gradually pass the criteria required to earn these badges.
• If you want to work on Upwork from Bangladesh, many people think that it is difficult to get the profile approved. But no, if you present the work you can do beautifully in your profile, then you don't have to worry about work.
• If you have any problem, you can search in Upwork community. Here you will find all the guidelines.

Fiverr

Fiver is one of the platforms to earn money by doing various jobs online. Logo Design, Web Design, Article Writing, Video Editing, Digital Marketing, SEO, Android Apps Development, WordPress Website Optimization, Graphics Design etc. can be done here. There is a minimum payment of $5 to get any work done here. Freelancer will get payment from fiver after completing the work and submitting it. For this Fiver takes $1 for every $5. Thousands of buyers are doing their work for fivers every day. If you have good skills and can collect good ratings and reviews on your account then it is reasonable to make a career in fiber.

Fiver Marketplace started as a $5 marketplace but has now established itself as one of the most trusted marketplaces for freelancers and clients. One of the most popular marketplaces in Bangladesh has given thousands of freelancers the opportunity to do freelance work.

How Fiver works for beiginners

Fiver operates completely differently from the Upwork model of other marketplaces. Fiverr allows freelancers to sell their creations as gigs or service packages. Let me explain a little about the gig. At Upwork we know clients come in and post jobs and freelancers bid to get the work. In the case of fivers, the opposite is true. In the marketplace, freelancers display the various logos or designs they have created as well as quote the dollar cost of creating a logo for a specific design. As a result, if a buyer needs a logo, after looking at the freelancer's service packages (gigs), the work order will go to the freelancer only if he buys the specific gig. Then the creator of the gig will create the logo by analyzing or directly talking to the specific design logo creation work sent by the freelancer client. Freelancers will get money if they submit the logo as per the buyer's demand at a certain time. As a result, you don't have to bid to get a job like Upwork. Good and well-rated gigs are recommended by Fiver itself to buyers. As a result, if you can create a good gig, it is possible to create a good position in Fiver.

Benefits of working on Fiver 

• Fiver is very helpful for new freelancers. The marketplace's algorithm is designed in such a way that jobs created by new freelancers rarely appear at the top of search results. As a result, buyers can easily see different gigs created by new freelancers. If you can make keywords and good gigs, work orders will come automatically on fiver.
• One of the advantages of fiver is that you can take as many work orders as you can. That is, you can create gigs according to your skills and display them in the marketplace. If a buyer likes the gig, you get paid. As a result, you don't have to do any extra work. For example, there are many people who do not know the detailed method of creating ads, but they can create Facebook page ads. No problem, he can create a Facebook page advertising gig, which can be monetized if a buyer likes it. This facility is not available in any other marketplace.
• Fiber has levels like 'Level 1', 'Level 2', 'Top Rated Seller' etc. based on the skills of freelancers and feedback from buyers. As a result, buyers can easily get a better idea of the freelancers' work skills.
• Sometimes it can be the case that freelancers need more work than gigs. Fiverr allows buyers to speak directly with gig makers or sellers to resolve issues.
• One of the most notable aspects of Fiver is that it is a pioneer payment gateway in Bangladesh, making it easy to collect money from the marketplace. Also multiple orders are available at the same time on the same gig. As a result, it is possible to work with multiple orders at the same time. It will also increase your income. New freelancers can easily get guidance as there are various information available on fiber blog along with free training.

Finally it is important to say that, on any platform you cannot ask your client to contact you outside of the platform and you cannot share any contact information. Then you can get banned from freelancing marketplaces.

I think this article help you to solve your queries and If you like this post. So, please share it to your friends.  

Thanks

Why do people use Fiverr.com to pay for logos instead of professional companies?