Fiverr Business is now Fiverr Pro.
Fiverr is an online freelance marketplace that helps serve clients with suitable and talented sellers while providing a place for freelancers to list and market their services.
Overall, it’s an incredible platform for buyers (i.e. clients) to both find affordable talent for their business, and sellers (i.e. freelancers) to market their services.
Ultimately, Fiverr allows businesses, large and small, to freelancers of all levels and costs, to accomplish a task or long-term project. It also provides freelancers with an opportunity to work for themselves, choose their hours and rates, and ultimately build a business of their own. One hub to bring everyone together.
In what follows, we’ll be discussing whether or not you as a business should sign up for a Fiverr Business Account, if you’re hiring freelancers on the platform.
Let’s take a look at what a Fiverr Business Account is, and what its advantages and disadvantages are, ultimately answering the question of whether or not this type of account is suitable for your specific needs.
What is a Fiverr Business Account?
A Fiverr Business Account is a new collaborative account option designed specifically for larger teams and organizations. Its primary intentions are to provide businesses with the ability to form a comprehensive team of freelancers, streamline tasks and communications, monitor progress, and allow your in-house team to access and manage together.
Having a Fiverr Business Account provides you with access to the same familiar freelance marketplace, however, there are a few differences.
In addition, it even provides you with the perk of having your very own Success Manager! More on that a little later…
Though it doesn’t come without its disadvantages, Fiverr Business can be an extremely beneficial if used under the right circumstances.
Pros & Cons of Having a Fiverr Business Account
The benefits of having a Fiverr Business account are vast, whether you’re a lone entrepreneur OR a large organization. If you need a team of talented freelancers, Fiverr Business is likely the account for you.
The main benefits of Fiverr Business are the ability to give access to your team so they can manage freelancers. Additionally, you can add funds and hire off the credit amount in your account. This saves from all those single transactions which your bookkeeper will appreciate. It’s really my biggest pain point with the regular Fiverr Marketplace.
The best part? You can try it for FREE with their 12-month free trial. Consider it a “Freemium” account!
Better yet, use this referral link to get 10% off your first order. Full transparency, I’ll also get 10% referral fee. :)
The Pros of a Fiverr Business Account
- FREE to Use for the First 12 Months
- You’re Provided with Your Own Success Manager
- Separate access for you team
- Ability to create Projects for better organization
- You can deposit funds and work off that credit
As illustrated above, the advantages of having a Fiverr Business Account are many. With your very own Success Manager, you’ll be given guided advice on freelancers that are a good fit for your projects.
The Cons of a Fiverr Business Account
- Non-Refundable $149.99 Annual Subscription Fee (after the first 12 months)
- You Cannot Switch Back to a Non-Business Account
- You can’t move your saved freelancers from a Fiverr marketplace account to a Business Account
- If you’re used to the Fiverr Marketplace interface, you may need to spend time understanding the new layout and where things are
- More clicks to set up lists
- The search results display horizontally so it can be harder to compare at freelancers at a glance
Finally, while the purpose of Fiverr Business is to provide clients with hand-picked, hand-vetted freelancers of the highest degree, there’s no guarantee that the referrals you get will deliver on your expectations. However, the same goes for when you are researching and qualifying on your own.
Is Fiverr Business for YOU?
Fiverr Business isn’t for everybody, especially when the annual subscription fee begins to be rolled out. If you’re only planning on using freelance work every now and then, a Fiverr Business Account, the interface, and its features likely won’t be beneficial.
The biggest downfall is if you decide not to keep it, you will have to create a new Fiverr account, which means you lose your history and saved freelancers so you would have to set that up again.
As a final word of advice, while Fiverr Business can be extremely advantageous, it’s up to you to do your due diligence. When working with any freelancer, no matter their rating, start small, and ensure suitability before agreeing to terms that you may regret in the future.
Whatever you choose, you can use my free guide to map out exactly how outsourcing can take your business to the next level.
Begin your journey to master outsourcing! Download ‘Outsource with Confidence‘ for free and get the blueprint from someone who’s ordered over 1,000 times on Fiverr and worked with 350+ freelancers.
