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But what the heck is Fiverr? It is an online marketplace where providers can post services offered for just $5. Various other words, buyers can buy gigs which usually displayed there and they want to pay just $5 for your service gotten.

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A major advantage to accepting credit cards is that you can se up an automated billing plan: you can automatically bill your customers on a monthly basis, for instance, and automatically receive their payments. Many customers, especially commercial clients, appreciate automated billing since it implies they do not need to receive invoices, cut checks, etc.

As you probably know, many organizations take a share from each transaction as their fee. Typically the rate is 1.5 to 3% of the transaction. So, if your customer pays $100, the finance card company takes between $1.50 and $3.00 since their fee.

So, it happens to be said this is a micro gig marketplace. Minor and personal jobs, this is merely perfect, because at other job boards or marketplaces, the expenditure is simply too much to justify sales of $5.

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Once a service sells, it is advisable to notify the drop shipper to send the product. You usually have to pay them in full before they'll ship the item, so any money left over from the auction is yours when. This is how you make your profits. The key is to list the items on eBay higher than the drop shipper sells them, but not to high that no you'll buy them from customers. It is a balance that learning figure out based from your items but your market.

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