Do you know about Fiverr.com? It’s a fun and useful marketplace where everything is just $5. I’ve used it for some graphic design work, article writing, and even bought a bracelet made out of baseball seams.
You can find a ton of stuff on there, ranging from helpful to hilarious. The question is, why not sell your own product or service?
Although some people are selling physical products, I believe the bigger opportunity is with digital products like software, ebooks, or video guides. Because you only collect $4 (Fiverr takes a $1 cut on every sale), a digital product works best because it has a zero cost-of-goods-sold and can be delivered for free electronically.
What are you an expert in? Could you create an awesome video tutorial on how to more effectively manage your time at the gym? How about a guide on how to earn thousands of free frequent flyer miles? Or how to crate-train a stubborn dog? The possibilities are endless.
I’m less enthusiastic about selling services, because they will usually involve your time, and I’m somewhat opposed to trading hours for dollars — especially such small dollars.
Some examples of services you’ll find beyond the article writing and graphics work mentioned above might be marketing consultations, software debugging, resume editing, foreign language practice via skype, and more.
The opportunity I see in selling services is as a creative lead-generation tool for other areas of your business. For example, if you’re a travel agent, you could offer some insider tips on where to stay in Tokyo. Then, explain how you can save your Fiverr client money if they decide to book through you.
The best thing about Fiverr is that the marketplace and the customers are already in place. If you can carve out some shelf space and deliver a great product or service, you’ve got a nice little side business.