Are you looking to start a freelance marketplace like Fiverr? With the gig economy constantly booming, it has become a profitable venture for startups and entrepreneurs to build a functional freelance website like Fiverr. Fiverr is one of the top online freelance marketplaces that has revolutionized the way freelancers operate around the world and how clients hire them for their specific projects. However, although Fiverr is a highly popular freelance website, it may not be the best option for everyone.
If you are looking to start your online freelance business, you may want to follow the footsteps of other freelance websites that are considered the best alternative to Fiverr. Here, in this post, we will have a detailed discussion on the best alternatives of Fiverr and how you can build your own freelance marketplace. Read on for further insights.
Why Build a Freelance Website Like Fiverr?
Fiverr has transformed the traditional hiring methods by helping freelancers directly connect with clients in a simple and streamlined process. However, some users may feel restricted or uncomfortable owing to Fiverr’s limitations, pricing structure, and high commission fee. It increases the demand for quality freelance platforms like Fiverr, however, with less limitations, more flexibility, and reduced charges.
If you are considering building a website like Fiverr, here are some good reasons to implement your plan.
Leverage the Growing Freelance Market
The freelance industry has been booming for the last decade. According to studies, over 60 million American professionals offer their services through freelancing. This demand for freelance work is expected to continue as more professionals look for flexible work arrangements. By building a functional and user-friendly freelance platform, you can leverage the growing need for such online marketplaces.
Target Profitable Niche Markets
Fiverr caters to all types of freelancing services. You can benefit by building a platform that specializes in one particular niche. If you have expertise in a particular field or industry, you can stand out in the market by building a platform specializing in the area of your expertise.
Have Complete Control Over Your Platform
The users of Fiverr are restricted by their rules, high commission fees, and regulations. When you build your own freelance platform as an alternative to Fiverr, you can have complete control over your platform. You can also set fee structure and regulations that are easy on your users.
Generate Profits from Multiple Streams
By building your own online freelance website as the best alternative to Fiverr, you can generate significant revenue in the form of commission fee, listing fee, featured listing, subscription models and more.
Best Alternatives to Fiverr
Before you start building your own online freelance platform, it is essential that you evaluate the best alternatives to Fiverr. Here are some freelance platforms that offer better options for specific industries.
Upwork
Upwork is one of the biggest online freelance platforms that offer a broad range of services globally. The platform facilitates higher paying freelance jobs compared to Fiverr. Especially, when it comes to long-term projects. This platform is popular among professionals who work in industries such as writing, software development, graphic design, and more. Fiverr operates on a gig-based mode, on the other hand, Upwork has a project-oriented approach.
Freelancer
Another powerful alternative to Fiverr that caters to a huge user base is Freelancer. It is a global platform that provides a variety of freelance jobs across various industries. This freelance platform allows clients to post projects and freelancers to bid on these projects. This platform also allows freelancers to negotiate pricing based on the scope of the project, which differentiates the platform from Fiverr’s fixed-price gig structure.
Toptal
Toptal is another prominent freelance marketplace that aims at the top 3% of freelancers in industries such as finance, software development, and design. Unlike Fiverr, which caters to all kinds of freelance services, the focus of Toptal is high-end talent. Toptal can be a more preferable option for businesses that require top-tier professionals. However, as this platform is more selective in the vetting process, freelancers need to meet higher standards to join this platform.
Guru
Guru is a freelance platform similar to Fiverr, however, it offers a greater variety of features to both freelancers and clients. The ability to create a portfolio for each freelancer is one unique feature of this platform. This freelance platform offers a flexible pricing structure, allowing freelancers to charge hourly or at a fixed rate. The platform offers a secure payment system top protect both freelancers and clients.
PeoplePerHour
PeoplePerHour is a combination version of Upwork and Fiverr. The platform allows freelancers to post either fixed price services or bid on hourly projects. This platform is a hub for a vibrant community of creative professionals who specialize in the fields of design, digital marketing, and web development. This platform is a growing freelance marketplace that caters to various niches like Fiverr.
Steps to Build Your Own Freelance Marketplace Like Fiverr
Now as you have understood the types of freelance marketplaces you can build, let us understand the process to create a marketplace like Fiverr. There are two primary approaches to building your freelance platform, building the site from scratch, and building it using a pre-built website script.
Building Your Marketplace from Scratch
Building your freelance website from scratch gives you complete control over the platform. Here is how you can build your Fiverr clone website from scratch.
Conduct Research and Planning
Conduct a thorough research on your target audience and competitors. Decide on the key features that your platform will offer.
Hire a Team of Developers
Building a website from scratch requires extensive technical skills. Hire a team of qualified developers who are experts in UI/UX design.
Develop Core Features
Develop essential features such as gig listings, direct messaging, payment gateway integration, reviews and rating, etc.
Test and Lunch
Before making your website live, conduct a thorough test to ensure all the features and functionalities are working perfectly and the platform is free from bugs. Once you are sure the platform is operating perfectly, go ahead with launching it.
Market Your Platform
Once your marketplace is live, implement some effective marketing strategies such as SEO, content marketing, social media marketing, etc, to make your platform appear on the first page of search engine result pages and connect with your target audience.
Building the Platform Using a Pre-Built Website Script
Decide on a Niche
Decide on a niche you would want your platform to specialize in.
Choose a Quality Website Script
Choose a quality website script offered by a reputed developer. Make sure the script has all necessary features and functionalities that you would want to integrate in your marketplace.
Customize the Platform
Customize the features and functionalities on the script to suit your specific business requirements.
Launch and Market
Once you complete customizing the script, you can launch and market your website. Conduct a thorough test before launching to ensure the platform is operating perfectly.
To delve deeper into this topic, visit our blog: Fiverr Clone Script VS Custom Development — Which One is Better?
Revenue Streams to Include in Your Fiverr Clone Website
Once you complete building your Fiverr-like freelance platform, you will need to integrate revenue streams to generate profits. Consider activating these revenue streams to generate revenue.
Freelancer Commission
Collect an amount from the freelancers once they get paid by their employers.
Job Posting Fee
Charge an amount from the clients for posting their jobs on your platform.
Subscription Plans
Offer monthly or yearly subscription plans to your users for accessing premium features.
Transaction Fee
Charge an amount from the users every time they conduct a transaction on your platform.
Final Thoughts
Starting a platform like Fiverr can be an exciting and profitable business in current times. By building such a platform, you can fill the gaps in the top freelance platforms like Fiverr and offer your services to a wide global user base who can easily connect and exchange employment and services.
If you are looking to build your website within a small budget and enter the market faster, building your website using a pre-built Fiverr clone website would be the best option. At BestFreelancerScript, we offer superior quality, feature-rich and fully customizable freelancer website scripts that enable startups to build successful freelance platforms within 2 hours. When you partner with us, we offer free installation and round the clock dedicated customer support. Connect with us for a free quote and a demo.
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