Skip to main content

Businesses Are Boosting Online Presence and Pursuing Tech-Forward AI Projects, According to Internal Research From Fiverr

Written by Customer Service on . Posted in Public Companies.

Fiverr’s 8th Business Trends Index revealed that even traditionally offline businesses like shipping and construction are investing in their web strategy

Fiverr Releases its 8th Business Trends Index

Businesses are boosting online presence and pursuing tech-forward AI projects, according to internal research from Fiverr.
Businesses are boosting online presence and pursuing tech-forward AI projects, according to internal research from Fiverr.

NEW YORK, Oct. 05, 2023 (GLOBE NEWSWIRE) — Fiverr International Ltd. (NYSE: FVRR), the company that is changing how the world works together, today released its Fall 2023 Business Trends Index, a collection of trending searches for freelance digital services on Fiverr’s platform. Among the millions of inquiries on the marketplace, these services saw the largest percentage increase over the last six months. The data revealed that businesses, from highly tech-driven startups to those in industries like construction and retail, are recruiting freelance experts to help them explore new avenues for growth.

Taking advantage of opportunity is the theme at the center of Fiverr’s 8th Business Trends Index. The main trends to surface in this index include:

(1) businesses exploring new and more specific projects with AI
(2) retail companies preparing to capture modern consumers during shopping season
(3) service businesses stepping up their digital presence

“Businesses are taking advantage of the new tools at their fingertips and the growth potential for their bottom line,” said Hila Klein, COO of Fiverr. “Data from our platform reveals that a variety of businesses — from retail stores to tech companies and shipping services — are pursuing new growth channels. They’re leveraging freelance experts to help make their unique business vision a reality. With the wider adoption of AI tools and signs of a leveling economy, the last six months have brought a new sense of momentum, and freelance talent has played a pivotal role in helping businesses evolve to keep pace and find innovative ways to improve.”

These are the trending global searches over the past six months:

Growing comfort with AI tech and exploration of new possibilities

At the start of this year, business leaders eagerly sought ways to understand and adopt AI tools. The tech still remains top of mind. Search trends show that they’ve refined their focus, seeking out AI experts to help them create tools and assets aligned with their specific business needs. Still in its infancy, AI technology has spiked demand for experts with specific AI skills, even spawning new AI jobs on the platform. Freelancers with a range of skills — from prompt engineers to AI app developers and AI video editors — are meeting the evolving needs of leaders looking to create next-generation businesses with AI.

  • AI content editing +10,490%
  • Prompt engineering +7,345%
  • AI video +3,746%

Retail revs up ahead of shopping season

In the wake of global economic shifts, retail businesses are navigating a quickly-evolving consumer landscape. The months leading up to key shopping moments, including back-to-school and the holiday season, are a critical time for retailers who are adapting their online sales strategies to more effectively meet modern consumers. Fiverr searches reveal retailers are seeking freelance experts to help them with everything from updating their product descriptions to improving their e-commerce site and creating mock ups of new products.

  • E-commerce website developer +3,333%
  • Amazon A+ content +12,256%
  • Clothing store +525%

Service industries are stepping up their online strategy

Service businesses, like shipping logistics, construction, and repairs are in consistent demand and faced with the challenge of meeting customer needs faster and more efficiently. In an increasingly tech-centric world, these businesses are seeking the support of freelancers who can help them improve their web presence. Many are recruiting developers to build custom websites that will allow them to grow and make customer interaction more seamless.

  • Trucking website +3,442%
  • Handyman website +1,398%
  • Property management website +1,397%

In addition to the global findings, Fiverr’s Business Trends Index also breaks down the fastest-growing searches for businesses in the U.S., Australia, France, Germany, Italy, Israel, the Netherlands, and the U.K. A country-by-country breakdown is viewable here.

About Fiverr
Fiverr’s mission is to change how the world works together. We exist to democratize access to talent and to provide talent with access to opportunities so anyone can grow their business, brand, or dreams. From small businesses to Fortune 500, over 4 million customers worldwide worked with freelance talent on Fiverr in the past year, ensuring their workforces remain flexible, adaptive, and agile. With Fiverr’s Talent Cloud, companies can easily scale their teams from a talent pool of skilled professionals from over 160 countries across more than 600 categories, ranging from programming to 3D design, digital marketing to content creation, from video animation to architecture. Don’t get left behind – come be a part of the future of work by visiting fiverr.com, read our blog, and follow us on Twitter, Instagram, and Facebook.

Press Contacts
Molly Nolan
Sveva Biocca
press@fiverr.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/fc23cd48-6f16-4a5b-ba20-756fd99ff207

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals

Before you continue, please confirm the following:

Professional advisers only

I am a professional adviser and would like to visit the GOLDEA CAPITAL for Professionals website.

Important Notice for Investors:

The services and products offered by Goldalea Capital Ltd. are intended exclusively for professional market participants as defined by applicable laws and regulations. This typically includes institutional investors, qualified investors, and high-net-worth individuals who have sufficient knowledge, experience, resources, and independence to assess the risks of trading on their own.

No Investment Advice:

The information, analyses, and market data provided are for general information purposes only and do not constitute individual investment advice. They should not be construed as a basis for investment decisions and do not take into account the specific investment objectives, financial situation, or individual needs of any recipient.

High Risks:

Trading in financial instruments is associated with significant risks and may result in the complete loss of the invested capital. Goldalea Capital Ltd. accepts no liability for losses incurred as a result of the use of the information provided or the execution of transactions.

Sole Responsibility:

The decision to invest or not to invest is solely the responsibility of the investor. Investors should obtain comprehensive information about the risks involved before making any investment decision and, if necessary, seek independent advice.

No Guarantees:

Goldalea Capital Ltd. makes no warranties or representations as to the accuracy, completeness, or timeliness of the information provided. Markets are subject to constant change, and past performance is not a reliable indicator of future results.

Regional Restrictions:

The services offered by Goldalea Capital Ltd. may not be available to all persons or in all countries. It is the responsibility of the investor to ensure that they are authorized to use the services offered.

Please note: This disclaimer is for general information purposes only and does not replace individual legal or tax advice.