What is fiverr.com and how does it work

Fiverr's platform serves as a connection between freelancers (sellers) and individuals or businesses seeking to hire (buyers), fostering a diverse range of services within a free market. The name "Fiverr" originated from the initial $5 price tag associated with all tasks, although many sellers now charge higher rates. Fiverr provides a digitally streamlined transactional platform for both buyers and sellers. A unique term used on Fiverr to describe a service offered by a seller is referred to as a 'Gig.' When sellers create Gigs, they have the flexibility to set their own starting price. Additionally, sellers can go a step further by offering Gig Packages to buyers, which encompass multiple price ranges and allow sellers to provide tailored service packages. This enables buyers to select and customize services based on their specific requirements.

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