Spring 2023
Business
Trends
Index

The social media landscape is quick to evolve, and businesses have moved just as fast to adapt their content for the most lucrative channels with the widest reach. Since TikTok disrupted the market with short-form video, other social platforms like Instagram and YouTube have created their own short-form video features, with mixed predictions for performance.

‍However, there are signs that the adoption of short-form content by other platforms has been a huge success. Business leaders and marketers are taking advantage of the ad potential on platforms like YouTube Shorts and Instagram Reels. This shift in content format has also generated new possibilities for influencers and partnerships: searches for “Influencer Marketing” saw a 78% increase in the last six months. Given the dramatic growth in popularity of YouTube Shorts, searches for “YouTube Influencer” alone increased by 145%.

Youtube Shorts Video

+
64,624
%

Instagram Reel Editor

+
4,760
%

TikTok Manager

+
1,445
%

As businesses became aware of new opportunities to advance through AI, searches for AI-related services on Fiverr skyrocketed. The number of searches for “ChatGPT” in the last six months were comparable to searches for “Facebook” and high-demand services such as “Product Design.”

‍Companies are looking for freelance experts skilled in using specific generative AI tools. As a result, searches for platforms like “Jasper,” an AI content generation platform for businesses, exceeded those of typically high-volume searches, such as “TikTok Video” and “Custom Logo.” Many companies are exploring ways to integrate AI into their business platforms through AI applications, working with skilled freelance developers to build custom AI solutions. Since the beginning of the year, earnings for freelancers offering AI services related to programming & tech — such as AI app development — were responsible for the majority of revenue for AI services.

AI

+
1,088
%

AI Art

+
6,967
%

Artificial Intelligence

+
56
%

While the full impact of the global economic downturn remains uncertain, there are signs consumers have become more price-conscious and are cutting back on spending. For small business owners and online retailers, this means sharpening their marketing strategy to keep customers shopping, even when wallets are tight.

Navigating a challenging market, business owners are looking for experts to help them tailor their strategies on platforms like Etsy and Shopify. Searches for freelancers with expertise as strategists and managers on these platforms saw a major uptick, as business owners look for guidance on how to draw in new and retain existing customers.

Etsy Sales

+
5,348
%

Etsy Digital Planner

+
2,366
%

Shopify Manager

+
1,065
%
Fiverr’s Business Trends Index analyzes data from the millions of searches across the platform to identify services that have seen significant increases in search over the past six months, compared to the previous 6 months.

*To better capture newly emerging trends, for this edition of the Business Trends Index, included terms did not need to have a minimum search quantity in the first 6 months. However, they needed to have at least 1,000 searches in the second 6 month period. Previous editions of this index required that searches have at least 5,000 searches in the first search period.
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01

Australia

Accounting and Finance

1,788%

AI

1,243%

YouTube Video Script Writer

1,072%
01

Australia

AI

816%

Shopify Virtual Assistant

480%

Online Course Content

338%
01

Australia

Website Creation

1,218%

AI

639%

Flutter Developer

577
01

Australia

AI

1,539%

Powerpoint Presentation Design

915%

Audio Transcript French

598%
01

Australia

AI Art

4,270%

YouTube Voice Over

1,077%

YouTube Shorts

110%
01

Australia

AI

1,070%

Accounting and Finance

835%

Website Development

92%
01

Australia

Claymation

18,654%

AI

1,121%

Brand Identity Design

968%
01

Australia

Accounting and Finance

1,788%

AI

1,243%

YouTube Video Script Writer

1,072%
02

Germany

AI

816%

Shopify Virtual Assistant

480%

Online Course Content

338%
03

France

Website Creation

1,218%

AI

639%

Flutter Developer

577
04

Israel

AI

1,539%

Powerpoint Presentation Design

915%

Audio Transcript French

598%
05

Netherlands

AI Art

4,270%

YouTube Voice Over

1,077%

YouTube Shorts

110%
06

United Kingdom

AI

1,070%

Accounting and Finance

835%

Website Development

92%
07

US

Claymation

18,654%

AI

1,121%

Brand Identity Design

968%

Over the last six months, businesses have faced the challenge of adapting to major global economic and technological shifts. Business leaders are eager to find ways to pivot their organizations to perform better, and are looking to the latest platforms, technologies, and talent to elevate their businesses.

This theme lies at the core of Fiverr’s Seventh Business Trends Index, which reveals a series of newly emerging trends that have recently become the focus of businesses across the globe, based on an uptick in searches on the platform. The main trends we’ve identified are (1) The dominance of short-form videos, specifically on YouTube, (2) an increasing interest in leveraging generative AI tools, such as ChatGPT and Midjourney and (3) a growth in strategic efforts by Etsy and Shopify businesses to boost their store profiles, even in an economic downturn.

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