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Post Mortem: Fiverr Upmarket and Ai Leading to Earnings Results

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Manage episode 417539304 series 3005470
Content provided by Sean Emory from Avory and Co. and Sean Emory from Avory. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Sean Emory from Avory and Co. and Sean Emory from Avory or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

Summary

Fiverr reported strong earnings, beating their own guidance on revenue and adjusted EBITDA. The company has been impacted by the health of the economy and concerns around AI, but they have addressed these issues and showcased the positive impact of AI on their platform. Fiverr is focused on moving upmarket and increasing spend per buyer, while also improving their take rate through promoted gigs and their Seller Plus platform. They have seen growth in complex services and repeat buyers, indicating a strong recurring nature of the business. Fiverr plans to expand their Generative AI Search and launch new products in the future.

Chapters

00:00 Fiverr's Strong Earnings Performance

02:29 Addressing Concerns: Economy and AI

06:40 Moving Upmarket and Increasing Spend per Buyer

08:33 Improving Take Rate with Promoted Gigs and Seller Plus

12:47 Growth in Complex Services and Repeat Buyers

13:45 Expanding Generative AI Search and New Product Launches

  continue reading

89 episodes

Artwork
iconShare
 
Manage episode 417539304 series 3005470
Content provided by Sean Emory from Avory and Co. and Sean Emory from Avory. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Sean Emory from Avory and Co. and Sean Emory from Avory or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

Summary

Fiverr reported strong earnings, beating their own guidance on revenue and adjusted EBITDA. The company has been impacted by the health of the economy and concerns around AI, but they have addressed these issues and showcased the positive impact of AI on their platform. Fiverr is focused on moving upmarket and increasing spend per buyer, while also improving their take rate through promoted gigs and their Seller Plus platform. They have seen growth in complex services and repeat buyers, indicating a strong recurring nature of the business. Fiverr plans to expand their Generative AI Search and launch new products in the future.

Chapters

00:00 Fiverr's Strong Earnings Performance

02:29 Addressing Concerns: Economy and AI

06:40 Moving Upmarket and Increasing Spend per Buyer

08:33 Improving Take Rate with Promoted Gigs and Seller Plus

12:47 Growth in Complex Services and Repeat Buyers

13:45 Expanding Generative AI Search and New Product Launches

  continue reading

89 episodes

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