Hacker News new | ask | show | jobs
by ghiculescu 4330 days 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.

7 comments

I 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-sp...

I 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 :-)
J.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)

Except those shops operate margins based on economies of scale (manufacturing) while fiverr does not (services).
They probably won't :) . See: dollar stores

http://en.wikipedia.org/wiki/Dollar_General

edit: also 100 yen stores, etc:

http://en.wikipedia.org/wiki/Variety_store

Fiverr is the digital equivalent.

Maybe 5 mBTC ? (the site takes bitcoin already - and I think that should be clearer)
You 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.
I 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.
They can switch to peddling projects that cost 5 bitcoins. That should improve their profit margins too.