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My prediction: consistent inflation causes Fiverr gigs to consistently decrease in value until they boldly "pivot" to Tenerr in 2020. It sounds like a joke, bu
by ghiculescu 12y ago
My prediction: consistent inflation causes Fiverr gigs to consistently decrease in value until they boldly "pivot" to Tenerr in 2020.
It sounds like a joke, but seriously, the name of their business does seem like it could have some ramifications in the long run.
- 1337biz 12y agoI am sure the average revenue per order is quite a bit above $5. They developed lots of different ways for sellers to rise their revenue abilities.
- yitchelle 12y agoYou can cut and dice it in many different ways. I am starting to see what you get get for a Fiverr is getting more and more diluted. You will have to pay extra to get some useful additions.
- petercooper 12y agoI don't disagree, but I've been continually impressed with how "pound shops" (dollar/99 cent stores in the US) have coped between the mid 90s and now. It seems advances in logistics, manufacturing and the ease of international trade have counteracted inflation to a certain point, at least when it comes to the cheap crud those stores tend to sell :-)
- mbesto 12y agoExcept those shops operate margins based on economies of scale (manufacturing) while fiverr does not (services).
- QuasiAlon 12y agoJ.C. Penny was founded in 1902 and for years everything in the store cost a penny :). Same goes for the price of coke that stayed at a penny for 70+ years :). So I guess in the very long run $5 isn't sustainable (and they're going at that direction btw... $5 is just the starting point nowadays)
- pavlov 12y agoThey can switch to peddling projects that cost 5 bitcoins. That should improve their profit margins too.
- superasn 12y agoI have been a regular buyer on fiverr and the transition I see so far is that the Gig is often just a "sample", while the main service offered is in the form of extras (which can be of any value like $10, $50, etc). Example: http://www.fiverr.com/calimode/your-professional-and-kind-spokesmodel http://www.fiverr.com/calimode/your-professional-and-kind-sp...
- adrianwaj 12y agoMaybe 5 mBTC ? (the site takes bitcoin already - and I think that should be clearer)
- GFischer 12y agoThey probably won't :) . See: dollar stores http://en.wikipedia.org/wiki/Dollar_General http://en.wikipedia.org/wiki/Dollar_General edit: also 100 yen stores, etc: http://en.wikipedia.org/wiki/Variety_store http://en.wikipedia.org/wiki/Variety_store Fiverr is the digital equivalent.