Fiverr is an online marketplace for freelance services. Rather than run reverse auctions, in which service providers compete for business by lowering their prices in an unsustainable race to the bottom, Fiverr lets freelancers set their own price for the services they provide.
Firm has productized labor services; charges for outcomes as opposed to by hour
The buyer pays the original gig price plus a 5% service fee. For transactions under $40, buyers pay a minimum $2 service fee. The seller receives 80% of the transaction of the price agreed.
Small, Medium and Large Enterprises
No specific vertical
Temporary
Facebook, Google, MIT, Netflix, Paypal, Intuit, and P&G.