In the present-day scenario, the demand for freelance service platforms has continuously expanded with the shift in the forms of employment from full-time conventional jobs to short-term jobs. The freelance service marketplaces offer the benefit of autonomy, flexibility, and convenience to their users which has added to the demand. Capitalizing on this increasing demand, the freelance platform industry has produced more than USD 5.50 billion in 2024 and is growing at a CAGR of 17.7% in the projected years of 2025 to 2030.
A freelance marketplace connects service providers with service seekers and offers a mutually advantageous ecosystem for freelancers, service seekers, businesses, and clients. Fiverr is one such freelancing platform launched in 2010 in Israel that connects freelance professionals with businesses from all over the world. The platform is one of the key players in the freelancing industry with a market capital of USD 1.11 billion in January 2025.
The estimated consumer base of freelancers is around 86.5 million in the United States in 2027. Therefore, the demand for freelance service platforms is expected to grow significantly making this the right time for entrepreneurs to create a marketplace like Fiverr. In this blog, an aspiring entrepreneur will get a walkthrough on launching a successful freelance platform.
Fiverr is a pioneer on-demand service marketplace that has provided a platform for around 4 million buyers who hire freelancers for 700 digital skill sets across 160 countries.
1. Admin: The admin can access the managerial features of the platform such as user registration, commission management, managing custom tasks- creating primary and sub-categories and custom registration forms on the platform.
2. Freelancer Professional: The Freelancer or the service provider posts their skills and services offered on the platform. The freelancer can post a job through job bidding, job posting, and more for global clients and businesses to hire.
3. Service Seeker: The client explores services available on the platform using categories, filters, and keywords. They can hire freelancers for the job, and make their payments through multiple payment gateways and methods in multiple currencies.
Fiverr functions on a multifaceted commission model. The platform charges commissions from the clients as well as the service providers. The buyers pay the service fee on the platform whereas the service provider is charged a commission fee for the platform operations. Listed below are some more revenue channels leveraged by the platform.
Generating a raging revenue of USD 361.38 in 2023, Fiverr has grown exponentially. These are some of the platform’s direct revenue streams, which can be instilled in your on-demand freelance marketplace to earn high profits like Fiverr.
According to the reports, there are approximately 75 million freelancers in the United States and it will expand to an estimated 90 million freelancing Americans in 2028. This prospective business opportunity along with the visible success of Fiver, encourages new businessmen to enter the industry and envision success in this business venture. Many other reasons are listed below to create a website like Fiverr.
Numerous working professionals are turning towards the freelancing industry with the multiple benefits that the industry has to offer. Therefore, it is the right time to invest in the business. Next in the blog, we cover the step-by-step guide to create a website like Fiverr for aspiring entrepreneurs to launch their businesses.
Building a micro-job website like Fiverr may appear as an arduous task but by following the right approach, it can be achieved seamlessly. This step-by-step guide to create a website like Fiverr will assist an aspiring entrepreneur in reaching their respective goals.
Market research is essential before launching a business, identifying the pain points of your target audience, recognizing potential competitors, and fulfilling customer needs should be prioritized. To compete against Fiverr, a giant in its industry, a new business owner should identify the gaps in the industry and formulate a business plan catering to these pain points of the users.
Fiverr has been efficiently connecting freelancers with businesses for over two decades. The platform offers numerous amenities to its users and similarly, to create a website like Fiverr, an aspiring entrepreneur should integrate essential features catering to the needs of freelancers in their marketplace to launch a successful platform. Some of these features are listed below.
1. For Freelancers:
2. For Clients:
3. For Admin
Choosing the right developmental approach to create a website like Fiverr is a significant step towards launching your platform. Selecting the right method that aligns with your business requirements is essential. To build a service marketplace like- Fiverr, one can invest in readymade software or a custom-developed website. The two methods are elaborated below for a better understanding.
1. Readymade Software
The readymade software solutions are pre-built with industry-specific state-of-the-art features. These are cost-effective solutions enabling the quick launch of the platform in a time-efficient manner. A readymade software solution is better considering its advantages. Now, if one wants to reap the benefits of the industry they can also enter the business with little to no technical knowledge.
2. Custom- Development
The custom-developmental method requires a dedicated team of expert developers and designers to create a website like Fiverr from scratch. This bespoke method needs monitoring from a technical expert, therefore increasing the owner’s dependency. It is also an extremely time-consuming developmental approach. The custom-made website requires a huge investment from the business owner making it an extremely uneconomical method.
To outline, the readymade developmental approach is a more practical choice offering numerous benefits and features at an appropriate cost.
The next step in the process is to launch and promote the platform. After launching your on-demand freelance platform, a well-planned promotional campaign will efficiently market the platform. Marketing channels can be utilized such as social media, SEO, email marketing, advertisements, and more.
These steps are certain guidelines to be considered by an aspiring entrepreneur looking to enter this flourishing industry by launching a Fiverr clone website. An ambitious entrepreneur might find a clone website restrictive. So, now we introduce you to Yo!Gigs, a software solution that is more than just a clone replicating software but is a functionality-filled solution that will arm you with the best scalable features to establish limitless SMBs or large business enterprises.
Yo!Gigs is the only service marketplace software solution that caters to both the handyman as well as the freelance industry. It is a self-hosted, fully scalable, and customizable software that helps aspiring entrepreneurs launch their on-demand freelancing platform backed with a year of free technical support. This readymade software is feature-packed with numerous industry-specific functionalities that streamline business operations for a new entrepreneur. The software offers lifetime ownership of the platform providing complete control to the business owner all available at a one-time cost. Yo!Gigs is one of the best white-label software solutions available in the market.
The Yo!Gigs software solution offers cutting-edge features that enhance the user experience for all its user types. The software instills service package modules, discount coupons for clients, advanced listing and filter features, multiple job types and job posting modules, and many other crucial capabilities. Some more functionalities of the software are disclosed below.
Key Benefits:
Key Features:
The freelancing industry is a booming industry promoting self-growth for all service-providing and service-seeking individuals. This is the appropriate time for businessmen to invest in this sector to launch a Fiverr clone website and avail its income-generating potential. This blog uncovers the steps on how to build a website like Fiverr, and by selecting the right developmental method the businessmen can launch their business in no time. An entrepreneur can leverage the industry and avail its fruitful benefits. Consider the information shared in this blog and successfully create a website like Fiverr with a less restrictive and more scalable approach.
Q 1. How to build a freelance marketplace website like Fiverr?
Ans. Building a freelance marketplace can be a cumbersome task but with the right guidance as well as resources one can easily enter the industry. A new business owner must conduct appropriate market research, carefully choose the functionalities of the platform, select the right developmental approach that aligns with their business requirements, and build a website like Fiverr in a short period.
Q 2. Do I need coding knowledge to create a website like Fiverr?
Ans. To create a website like Fiverr one does not necessarily require coding knowledge. A Fiverr clone website can be launched through two developmental approaches- custom development and readymade software solutions. While the former approach needs a good level of technical expertise the latter approach i.e. readymade software solution does not need any coding knowledge to launch your platform.
Q 3. How does Fiverr make money?
Ans. Fiverr is a profitable establishment serving its users for more than two decades now. Fiverr mainly earns money through its commission model. The platform charges service fees from the clients and platform commissions from the freelancers. This is the main source of revenue for Fiverr. It also charges for promotional listings and subscription models offered to its users on the platform.
Q 4. What industries or niches can I target with a Fiverr-like platform?
Ans. A Fiverr-like platform can target numerous niches such as website development, software development, design, writing, marketing, and more. Moreover, a website like Fiverr can also be created for different industries namely, the handyman industry as well as the freelancing industry. Yo!Gigs, is one such software solution that caters to both sectors and is a customizable and scalable option helping new businessmen to create a niche-specific freelancing platform.
Q 5. Is Yo!Gigs suitable for building a Fiverr-like website?
Ans. Yo!Gigs is a turnkey software solution built-in with numerous industry-specific functionalities and revenue-generating capabilities. The software is adept at launching a feature-rich freelancing platform that can create a Fiverr clone script while also possessing more well-versed elements assisting in launching a robust and effective website.
Q 6. Does Yo!Gigs offer technical support after launch?
Ans. Yes, Yo!Gigs is a feature-packed software solution that offers one-year free technical support post-platform launch to its clients. The software is developed by a client-centric team of experts who prioritize the complete satisfaction of clients all around the world. It is the world’s only service marketplace software solution that caters to both the handyman and freelancer industries. Yo!Gigs is a one-stop solution for all your freelancing platform needs.