How Does Fiverr Market and Make Money

In this first post, I will be talking about Fiverr and how they use marketing to make money and reach their customers. Their marketing strategies are quite simple. It's not hard to see as I am a valued customer. I use fiverr all of the time to get flyers made for my artist Friday Cellphone Man.

 Fiverr uses transactional models and multichannel models by using freelancers as a way to make money. Fiverr is definitely one of the largest virtual marketplaces where people maker money by offering their services for just $5 or more. For each amount that is paid out, a percentage is also given to Fiverr. Some gigs are services done offline as well. 

 For this type of company, they are using the best type of technology to grow their business and reach their demographics- other people. In a sense, they are using Affiliate Marketing, because for each sale, they get a percentage. 

 Honestly, I do not see how they can better their strategies. They are one of the largest freelance sites up to date. 

 Through this blog, for example, I may promote it using Facebook and other social media sites. 

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