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Of all the ways of Creating blog Articles, my method is Such as learning materials and layout templates to create and sell electronic products. I have discovered that it’s extraordinarily more profitable than running ads and products convert at a significantly greater rate than an affiliate product that someone else created. The support I use to ease this is Payhip, and this article I’ll be sharing what I both like and dislike about the ceremony based in my Payhip experience for a vendor for 2+ years. Adobe Digital Editions
My Payhip Expertise
If you wanted to market products Through your own site, you are going to want a way to facilitate trades — some sort of infrastructure that will allow a client to select your product, pay for it, and also have it instantaneously delivered to them with whole hands-off automation. Payhip solves this issue.
What is Payhip?
Payhip is An that provides customers with options and the tools for selling digital products directly to their customers and hosting online.
The company Was co-founded by Abs Farah and Kahin Farah and is now based in my capital city of London.
Which are the advantages of using Payhip?
Each online Platform is different, and I have used a few of these previously.
For me, having A platform that is simple to use and one that doesn’t require a huge amount of my time that is precious is of paramount significance.
Payhip will Save a great deal of time because everything is taken care of on the Payhip platform.
The Benefits that I’ve gained the most from utilizing Payhip include –
- EU VAT is cared for, which can be a big plus in my book.
- Affordable. The site takes zero fees asides From 5% per trade when you sell a item that is digital.
- Access to analytics reports.
- Access to advertising tools. You have the option to create Coupons and social discounts.
- Ability to signup, handle and reward your own affiliates.
- Access to merchandise sharing programs . Plus you can embed Your product and purchase Now buttons on your own site or blog.
- The ability to set mailing lists so that your clients can Subscribe and remain up to date with your products, and more.
- Instant digital merchandise delivery via email link to buyers.
What I Like About Payhip
Let’s get to the details. Following my 2 year Payhip experience, Here Is What I love about the service…
Payments Are Instantaneous
Payhip let us your customers pay with PayPal Or from credit/debit card using Stripe, plus they do not cover monthly/weekly/quarterly or force you to wait around for them to clear some sort of holding period. When a client makes a purchase, the cash is immediately available on your account, and if you’ve got the PayPal and also Stripe programs installed on your mobile device, you are going to get notifications each time a sale occurs. Adobe Digital Editions
I happen to love this. The excitement of Seeing a sale never gets older. In addition, it is good to wake up in the morning, reach for your phone, and also see that you made X amount of dollars while you were sleeping, and it is all easily available for you to spend. The only caveat to this can be Stripe. If your clients card with Stripe, there’ll be a 3 day hold before the money is available. That is Stripe however — Payhip doesn’t hold your money at all.
No Monthly Fees
Among the things that Payhip initially sold me is that there is no Monthly fees or setup charges — only a simple flat fee of 5 percent per sale.
This was attractive to me Because, at the time, my readership was less than 1/10th of what it is now, and that I was not positive that I was going to consistently sell enough product to justify paying a monthly fee to get a similar service like Gumroad. As a relatively new blogger with a small audience, Payhip was the no-risk solution that best fit my situation.
Easy To Understand Analytics
Payhip’s back end Provides an page That lets you view trades and earnings amounts relative to the day, month, week, year, or some other specified selection. Best of all, it is a to-the-point and very straightforward report.
If you’ve used Google Analytics or Facebook analytics, the amount of data you are immediately smacked in the face with can be somewhat overwhelming, and lots of it’s largely useless also. Payhip just gives you what you’re there to see — sales information. Nothing more, nothing less.
Run Promotions with Coupon Codes
Another benefit users of Payhip experience is By producing coupon codes promotions to run.
The codes may be for any percentage you would Like and for any (or all) products. They can run for whatever duration you’d like (or even indefinitely,) along with the code itself may even be customized to whatever series of text you would like.
I’ve found this to be helpful. Occasionally I’ll run a weekend marketing, place it on Facebook, then raise the post targeting a pixel audience that is re-marketing and I never fail to go ROI positive with it. People really do respond well to limited time offers. Adobe Digital Editions
Your Own Affiliate Program
Payhip gives you the capability to let your Readers register as an affiliate of your shop, and you can grant them a commission of whatever percent you would like, whenever someone purchases a product using their custom affiliate link.
This is useful since it allows other people To sell your products the commissions paid will be worth it, and if they have a stage and an audience of their own that they can tap into.
Easy Integration with Email Marketing
You’ll be if you’re into marketing Able to easily integrate Payhip with your email advertising supplier that is preferred so that a purchase is made, the email address of the purchaser can be added to a chosen list.
That is minor but I think it’s Pretty cool so I want to give it a mention — if you desire, you can have Payhip postage the purchaser’s email address into the top left corner of every page of a PDF document they have purchased.
So if someone plans to Purchase Your PDF Book make it publicly accessible for free somewhere else, they will need to be fine with their personal email address being publicly accessible. I think that is a means of deterring pirating.
Upload Many Kinds of Files
Payhip is not Only a market for ebooks — It’s possible to upload virtually any kind of electronic file. Font files, video/audio documents, photos, software, etc..
Total Simplicity and Modern Design
1 thing that can not be overlooked whenever You’re selling something is your site appears. Individuals do not trust myself included. If a website looks like it has not been updated since the net 2.0 times, then I begin to wonder if maybe I’m in an abandoned building and putting my payment information into it would pretty much be like throwing my money into a black hole.
That is not true with Payhip though. The Website has a layout that is very modern and easy. This is exactly what you’d expect a checkout page by a company to appear like, In the event that you were to purchase a digital product on the internet. Adobe Digital Editions
Another thing I enjoy about Payhip is its In general simplicity. From the a visitor lands on your product page, Payhip remains out of the way. They display your images, sales copy, and only the critical info (like price.) They do nothing to interfere with your purchase — no.
Eventually, what I really enjoy about Payhip is That customer payment information isn’t stored by them, meaning your customers’ payment details are secure. The payment is completely handled through PayPal or Stripe, and I prefer it that way because they’re large companies with lots of money to invest on security.
What I Dislike About Payhip
As much as I like Payhip, it’s far from perfect. Here are some items that I dislike about the ceremony and would like to see enhanced…
No Mobile App
1 thing that bugs me around Payhip is that They don’t have a program. It’d be convenient to be able to start an app while I’m out and about and have a look through my sales data. You do this and can log into the website, but the website is optimized for mobile devices.
I enjoy Payhip, but this is a very Lousy appearance in 2018. There’s no reason you should not have a website optimized for cellular, and once you’ve got that, you ought to be able to easily turn the site itself into it’s own program so users do not have to manually register in each time they would like to inspect sales data. Users of Payhip experience a platform when they’re on their cellular devices.
No Upsells or Add-Ons In Checkout
On the checkout page, I would like to see an ability to suggest Other products. For example, if they are purchasing a bundle of templates for $5, I propose, or could offer a bundle of business card templates to get a couple of dollars. This is something that websites like Amazon and VistaPrint do well.
I can’t help but feel like there’s a Great Deal of money Table — for both myself and Payhip — with no operation. This could improve the Payhip encounter for both the seller and the customer.
Establish On A Fixed Timezone
This one is largely frivolous, but I Prefer to see it corrected.
Considering that Payhip is located in London, they have BST was set to by the working timezone for the entire website. Since I’m found in the EST, I’ll occasionally check my analytics at 7PM or afterwards and see that I left 0 earnings for the day since Payhip believes it is midnight and its own data reveals that.
Again, this is a non-issue, however I Would love to see that the ability to adjust the site to your timezone. Adobe Digital Editions
More Flexibility with Coupon Codes
I know I raved about the voucher Code feature but it’s not quite perfect yet.
As it stands, the only advertising You can run via a coupon code is for a percentage off. I’d like to be able to offer a dollar amount off the initial cost, or the capability to set a sale price that is specified.
Right Now, if I Need to put a $27 product On sale for $10, do the math to figure out what percent off will leave the price at $10 and I must break out the calculator. I think that is unnecessary and may be improved.
When creating A new product in Payhip, you also have access to innovative options which include —
- Make your product personal.
- Add an ISBN (Internation Standard Book Number) to your eBook.
- Publish sample pages or a few preview.
- To how many copies of eBook or your product can be Insert a limit number sold.
- Generate a license key .
How much does it cost?
Payhip will Cost you nothing or even host your products. The site takes only 5% commission per transaction fee.
Can I Recommend Payhip?
This leaves us with the burning question: after two years as a seller on Payhip, do you recommend it? Total, yes. I am very much a client, but whether or not you ought to use it depends upon your situation.
If you are a blogger with a small audience And you can’t justify spending $10+ per month for something like Gumroad, then yes, I would recommend Payhip. In case you know that you’ll be doing at least $ 1,000 in sales every month and market a merchandise that is high-ticket or have a massive audience, you might want to look into something most cost-efficient.
As of the date of the writing, Payhip functions On a set fee of 5% of every sale. Gumroad’s fee is currently 3.5% + $0.30 per transaction + $10 a month.
If you’re going to be promoting less than $1,000 per month in total quantity, the math should (in most cases) favor Payhip. But if you are selling into the thousands, you need to decide on Gumroad or look into another alternative. This is all dependent on how many transactions it takes to reach those sales numbers so make sure that you crunch the numbers.
Personally, I absolutely love the Payhip Expertise and am thankful for their solutions. I want to see them continue to grow and succeed. Adobe Digital Editions