Introduction Amazon Ebooks
Of All of the ways of monetizing Articles, my Strategy is Such as learning layout templates and materials to create and sell products. I have discovered that it is extraordinarily profitable than running advertisements from networks such as AdSense, and self-made products convert at a higher rate compared to an affiliate product that somebody else created. The support I use to facilitate this is Payhip, and this article I will be sharing what I like and dislike about the service based in my Payhip expertise as a seller for 2+ years. Amazon Ebooks
My Payhip Expertise
If you wanted to sell digital products Through your own site, you are going to want a way to facilitate trades — some kind of infrastructure which will enable a client to select your goods, cover it, and also have it instantaneously delivered to them with whole hands-off automation. Payhip solves this issue.
What is Payhip?
Payhip is An e-commerce platform/website that gives users with solutions and the easiest tools for selling electronic products straight to their clients and hosting online.
The Provider Was co-founded by Abs Farah and Kahin Farah and is currently based in my capital city of London.
What are the advantages of utilizing Payhip?
Each online Platform differs, and I’ve used a couple of these in the past.
For me, having A stage that is so simple to use and one that does not require a huge amount of my valuable time is of paramount significance.
Payhip will Save a great deal of time too because everything is cared for on the Payhip platform.
The Advantages that I’ve gained the most from using Payhip include –
- EU VAT is cared for, which is a huge plus in my book.
- Affordable. The website takes zero charges asides From 5 percent per trade when you sell a product.
- Access to analytics accounts.
- Access to marketing tools. You have the option to create Societal and coupons discounts.
- Ability to signup, handle and reward your affiliates.
- Access to merchandise sharing tools. Plus you can embed Your merchandise and purchase Now buttons directly on blog or your site.
- The Capacity to set mailing lists so that your clients can Subscribe and remain up to date with your goods, and more.
- Immediate digital merchandise shipping via email link to customers.
What I Like About Payhip
Let us get to the information. Following my 2+ year Payhip experience, Here Is What I really like about the service…
Payments Are Instantaneous
Payhip let’s your customers pay with PayPal Or by credit/debit card using Stripe, plus they don’t pay out monthly/weekly/quarterly or force you to wait around for them to clean some kind of holding period. When a client makes a purchase, the cash is immediately available in your account, and if you’ve got the PayPal and Stripe apps installed on your mobile device, you’ll receive notifications each time a sale happens. Amazon Ebooks
I happen to appreciate this. The excitement of Seeing a sale that is new never gets old. It’s also great to wake up in the morning, reach for your telephone, and also see you made X amount of dollars while you’re sleeping, and it’s all readily available for you to spend. The caveat to this can be Stripe. If your clients card with Stripe, there’ll be a three day hold until the money is available. This is all Stripe however — Payhip does not hold your cash at all.
No Monthly Charges
One of those things that Payhip initially sold me on is that there is no Monthly charges or installation charges — only a simple flat fee of 5% per purchase .
This was attractive to me back in 2016 Because, at the moment, my readership was less than 1/10th of what it is now, and I was not positive that I was going to always sell enough product to justify paying a monthly fee for a similar service like Gumroad. As a relatively new blogger having a little audience, Payhip was the no-risk solution that best fit my scenario.
Simple To Know Analytics
Payhip’s back end offers an analytics page That lets you see transactions and earnings amounts relative to this day, week, month, year, or any other given range. Best of all, it’s a report that is really simple and to-the-point.
If you used Google Analytics or Facebook analytics, the amount of data you’re instantly smacked in the face with can be a bit overwhelming, and a lot of it is largely useless also. Payhip just provides you what you are there to see — sales information. Nothing more, nothing less.
Run Promotions with Coupon Codes
Another benefit users of Payhip encounter is Promotions to run by creating coupon codes.
The codes may be Enjoy and for any (or all) products. They could run for whatever duration you’d like (or even permanently,) along with the code itself may even be customized to whatever string of text you would like.
I’ve found this to be somewhat helpful. Sometimes I will run a weekend marketing, post it on Facebook, then raise the article targeting a pixel re-marketing audience and I never fail to go ROI positive with it. People really do respond well to limited time offers. Amazon Ebooks
Your Own Affiliate Program
Payhip gives you the capability to let your Readers register as an affiliate of your store, and you can award them a commission of whatever percentage you would like if someone purchases a product using their customized affiliate link.
This is useful because it allows other people To market your merchandise the commissions paid will be worth it and should they have an audience of their own and a stage they can tap into.
Easy Integration with Email Marketing
If you are into marketing, you’ll be Able to incorporate Payhip along with your chosen email advertising provider so that whenever a purchase is made, the email address of the purchaser could be added to a chosen listing.
This is minor but I think it’s Pretty cool so I want to give it a reference — if you desire, you can have Payhip stamp the buyer’s email address to the upper left corner of every page of a PDF document they have purchased.
So if someone intends to buy your PDF Book make it publicly accessible for free somewhere else, they will need to be okay with their email address being accessible. I believe that’s a creative means of deterring pirating.
Upload Most Sorts of Files
Payhip is a marketplace for ebooks — It’s possible to upload any kind of file. Font documents, video/audio documents, photos, software, etc..
Total Simplicity and Modern Design
One thing that can not be overlooked whenever You are selling something is the way current your website appears. People do not trust websites that look outdated, myself included. If a site looks like it has not been updated because the web 2.0 times, then I start to wonder if perhaps I’m in an abandoned building and placing my payment info into it’d pretty much be just like throwing my money into a black hole.
That’s not the case with Payhip though. The Website has a easy and very modern layout. This is what you would expect a checkout page by a trustworthy company to appear like, if you should buy a merchandise on the internet. Amazon Ebooks
Another thing I enjoy about Payhip is its own Overall simplicity. From the a visitor lands on your product page, Payhip stays out of the way. They display your images, sales copy, and just the crucial info (like price.) They do nothing to interfere with your purchase — no self-promotion whatsoever.
Eventually, what I enjoy about Payhip is That customer payment information isn’t stored by them, meaning that your clients’ payment details are safe. The payment is totally managed through Stripe or PayPal, and I prefer it that way because they’re large companies with a lot of money.
What I Dislike About Payhip
As much as I enjoy Payhip, it’s far from perfect. Here are some things that I dislike about the service and would like to see improved…
No Mobile App
One thing that bugs me about Payhip is that They do not have a mobile app. It’d be convenient to be able to start an app and have a look through my earnings data while I’m out and about. The website isn’t even optimized for mobile devices, although you can log in to the website and do this.
I like Payhip, but this is a really Bad appearance in 2018. There is no reason you should not have a site optimized for cellular, and once you have that, you should be able to easily turn the site itself into it’s own app so users do not have to manually sign in every time they want to check sales information. Permit users of Payhip encounter a much better platform when they’re on their mobile devices.
No Upsells or Add-Ons In Checkout
On the checkout page, I would really like to see an capability to indicate Other products. By way of example, if they’re purchasing a bundle of logo templates for $5, then I suggest some other similar product that may interest them they didn’t know about, or might offer a package of business card templates to get a few extra bucks. This is something which websites like VistaPrint and Amazon do.
I can’t help but feel like there’s a Great Deal of money being left on the Table — for myself and Payhip — with no functionality. This may enhance the Payhip experience for both the client and the seller.
Establish On A Fixed Timezone
This one is frivolous, but I’d still Prefer to see it fixed.
Since Payhip is located in London, they’ve The functioning timezone for the website set to BST. Since I am found in the EST, I will sometimes check my analytics at 7PM or afterwards and see that I made 0 sales for the day since Payhip thinks it’s midnight and its information reflects that.
This is a non-issue, but I Would love to see the capability to correct the site to your timezone. Amazon Ebooks
More Flexibility with Coupon Codes
I know I raved about the coupon Code feature but it is not quite perfect just yet.
As it stands, the promotion You can run through a voucher code. I’d love to be able to offer a dollar amount from the initial price, or the capability to set a sale price that is predetermined.
At the moment, if I want to put a merchandise Available for $10, manually do the math to figure out what percent off will leave the final cost and I have to break out the calculator. I believe that is unnecessary and may be made better.
When creating A brand new product in Payhip, you also have access to advanced alternatives including —
- Make your product private.
- Add an ISBN (Internation Standard Book Number) to your eBook.
- Upload a few preview or sample pages.
- Insert a limit amount sold.
- Create a unique license key .
How much does this cost?
Payhip will Cost you or host your digital products. The site takes just 5 percent commission per transaction fee.
Can I Recommend Payhip?
This leaves us with the burning question: after 2years as a vendor on Payhip, do you recommend it? Overall, yes. I am very much a client, but whether you ought to use it depends upon your own situation.
If you are a blogger with a small audience And you can not justify spending $10+ a month to get something like Gumroad, then yes, I would absolutely recommend Payhip. But if you know that you’ll do at least $ 1,000 in sales each month and market a merchandise that is high-ticket or have a massive audience, you may want to look into something most cost effective.
As of this date of this writing, Payhip works On a set fee of 5 percent 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 a month in total volume, the mathematics should (typically ) favor Payhip. But if you are selling into the thousands, you’ll probably want to decide on Gumroad or look into some other choice. That is all largely dependent on how many transactions it requires to reach those sales numbers, however, so be certain to crunch the numbers.
Personally, I love the Payhip Expertise and am thankful for their services. I would like to see them continue to grow and succeed. Amazon Ebooks