When it comes to freelancing platforms, two platforms that come to mind are Fiverr and Upwork. Both of the platforms offer a ton of opportunity. Hence, it can be difficult to determine which site to you. If you are considering using a freelancing platform and do not know which one to use from the two, this post is just for you. It takes a close look at the differences between the two sites. With the global workforce opting for remote work, businesses need to learn more about Fiverr Vs Upwork. Let’s take a look at what makes the two platforms different and which one should you use.
How Do the Sites Work?
Fiverr is a community of freelancers where employers can find gig workers to assist them with low-cost projects. It is possible to find gig workers at the price which suits you best on the site. On the other hand, Upwork is a site where freelancers from all backgrounds come together to offer services. It boasts over 10 million registered users who are ready for their next job.
Fiverr Vs Upwork
Now that we have covered the introduction of the two sites, we will dive deeper into what you can expect from each site.
One of the first things that need to be considered when selecting a platform is pricing. The budget is something that you always need to consider. Both Fiverr and Upwork make money by deducting a small fee from payments made on their system. However, the prices vary. Fiverr requires companies to pay in advance for the gig. They would need to pay a fee of $2 for services of up to $40 and 5 percent for above. As for the freelancer, they would receive 80 percent of the earnings after a 20 percent commission has been deducted by Fiverr.
As for Upwork, freelancers need to set a rate and bid for projects. A fee is charged on each project completed by Upwork. This expense would be included in the freelancer quotes. Hence, you might need to pay more to accommodate the fee. For example, if a freelance designer is charging $500 for a single project, 20 percent of that would go to Upwork. Thus, the designer would receive $400. On top of this, Upwork charges 2.75 percent as processing fee.
Next, it is important to consider the way the websites work. There is more to the platforms than just pricing. Both of the sites manage work differently. On Fiverr, people can provide a wide range of services at the same time, whereas, Upwork only allows freelancers to provide services which are relevant to their set of skills.
On Fiverr, companies purchase their required services as defined by the freelancer. On the other hand, freelancers need to bid for specific projects on Upwork by sending in unique cover letters and applications to employers who have posted an available gig. Fiverr simplifies the process wherein employers can simply sort through the database to find potential talent. An impressive feature offered by Upwork is that data science is built into the platform itself. It means that Upwork would track down the best freelancers based on an algorithm. This helps save time as you would know who the right fit for the job is.
- Quality of Work
Besides just price and the way the system works, you also need to know about the quality of work that you can expect from each platform. Both the platforms provide you with access to a wide range of professionals. It is important to note that there are differences in the way potential employees are classified and how you can find them.
On Fiverr, you can search up talent by tying keywords into the search bar. Thus, you get to benefit from a more direct style unlike Upwork where you need to click on a particular niche to search for the skills and browse through people that have individual talents. A great thing about Fiverr is the amount of information that you can obtain from freelancers. This helps make hiring a lot easier.
- The Rating System
Searching for quality work is not just about browsing through multiple users. Sending money to people you do not know can be difficult. To help you learn more about the freelancers, Fiverr and Upwork offer their own rating system which provides insights into the work done by the freelancers. You can go through the star ratings to check the quality of work provided by the freelancer.
- Pre-Screening Services
There is more to hiring the right talent than just feedback and ratings. This is where Upwork truly shines. It goes deeper into evaluating the quality of work done by freelancers. Upwork goes to great lengths to ensure that you hire the best talent. It follows the steps mentioned below to monitor talent.
- Freelancer identities are verified for compliance and security purposes.
- Offers video and chat features for conducting interviews.
- Displays the feedback from previous work, success stories, and freelancer scores.
- Provides online skills test to check if people have the skills needed to carry out the work.
Moreover, Upwork also has a Pro service that allows you to easily recruit professionals for the work. Employers would need to provide details of the project and Upwork would do the rest. It would vet and select the right person for the job. Fiverr does not offer as many capabilities. Unless you use Fiverr Pro, you will not have as many features.
- Monitoring and Dispute Resolution
The monitoring tools play a huge role in helping simplify the process for you. Fiverr does not have a powerful work management system like Upwork which lets you organize the entire project on the site. In addition to this, Upwork also has an awesome dispute resolution center where your problems will be assessed. A mediator will be assigned to you who will help you get back the money.
Fiverr and Upwork are both amazing platforms. This is why it is difficult to say which platform is better. However, there are specific instances where one platform is better than the other. Once you have gone over this site, you will understand those instances.