Freelancing often appeals to beginners because it seems like an easy way to earn money online. However, the reality is that while you can create accounts on platforms like Fiverr and Upwork for free, you’ll quickly discover costs associated with standing out in a crowded marketplace. Below, we’ll break down some of these updated hidden expenses and why they matter for your freelance career.
The Real Costs on Fiverr
- Seller Plus: Starting at around $39 per month, this subscription boosts your visibility, grants enhanced analytics, and helps differentiate you from the competition.
- Gig Promotion: Prices range from $1.50 to $3 per click, depending on your chosen keywords and competition. This can quickly add up when you’re trying to secure new orders.
- 20% Commission: Fiverr charges 20% on every completed order, which means a significant portion of your earnings is gone before you even see it.
- $3 Withdrawal Fee: Once you decide to withdraw your money, you’ll be charged an additional $3, further reducing your profit margin.
The Real Costs on Upwork
- Membership: A Freelancer Plus membership costs about $19.99 per month, providing extra perks like more Connects and improved profile control.
- Bid Connects (10–50): Each proposal you submit requires Connects—often between 10 and 50. If you run out, you’ll need to buy more, leading to additional expenses.
- Profile Boosting: Paying to boost your profile can help you appear higher in client searches, but this cost varies based on demand and competition.
- Available Badge: Staying visible and “Available Now” costs 2 Upwork Connects every day, ensuring potential clients see that you’re open for projects.
Conclusion
Is freelancing free? Not really. While creating an account is free, consistently landing clients without strategic investments can be tough. Paid features like Seller Plus, Gig Promotion, Freelancer Plus membership, and Connects purchases can quickly cut into your profits. Consider these expenses when setting your rates and planning your budget. By balancing targeted spending, delivering quality work, and practicing effective marketing, you can maximize visibility, attract steady clients, and build a successful freelancing business—even in a highly competitive environment.
