Fiverr vs Upwork: Why The Runner-Up Might Lag
📉 Positioned as the second-largest freelance platform, directly competing with Upwork but generally considered less favorable due to smaller overall transaction volume (GSV).
💼 Charges significantly higher commission rates (20% to freelancers vs. Upwork's 10%) and operates without a formal escrow system, potentially impacting user trust and preference.
❌ Despite having four times more active clients than Upwork, lower spending per client results in only half the revenue, suggesting a focus on smaller, potentially less lucrative projects and a weaker overall market position.
