Introduction Amazon Electronic Books
Of all the ways of Creating blog Articles, my favorite Strategy is To create and sell digital products. I’ve found that it is extraordinarily more profitable than running advertisements and self-made products convert at a significantly higher speed than an affiliate product that someone else created. The support I use to facilitate this can be Payhip, and this post I will be discussing what I both like and dislike about the service based in my Payhip experience as a vendor for 2+ years. Amazon Electronic Books
My Payhip Expertise
If you wanted to market products Through your own website, you are going to need a way to facilitate transactions — some sort of infrastructure that will allow a client to select your goods, cover it, and have it instantaneously delivered to them with complete hands-off automation. Payhip solves this problem.
What is Payhip?
Payhip is An that gives users with the tools and solutions for hosting and selling products straight to their clients online.
The Provider Was co-founded by Abs Farah and Kahin Farah and is now based in my capital city of London.
Which are the benefits of utilizing Payhip?
Each online Platform differs, and I have used a few of these in the past.
Having A stage that is really easy to use and one that does not take a huge amount of my valuable time is of utmost importance.
Payhip will Save a lot of time because everything is taken care of on the Payhip platform.
The Advantages that I’ve gained the most from using Payhip comprise –
- EU VAT is taken care of, and it can be a huge plus in my book.
- Affordable. The site takes zero fees asides From 5% per transaction when you sell a digital item.
- Access to analytics reports.
- Access to advertising tools. You have the option to create Social and Coupons discounts.
- Ability to signup, manage and reward your 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 customers can Subscribe and remain current with your products, and much more.
- Instant digital product shipping via email link to buyers.
What I Enjoy About Payhip
Let’s get to the information. After my two year Payhip experience, Here Is What I love about the ceremony…
Upgrades Are Instantaneous
Payhip let’s your customers pay with PayPal Or from credit/debit card using Stripe, plus they do not cover monthly/weekly/quarterly or make you wait around for them to clear some kind of holding period. When a customer makes a purchase, the money is instantly available in your accounts, and in case you have the PayPal and Stripe programs installed on your mobile device, you’ll receive notifications each time a sale occurs. Amazon Electronic Books
I happen to love this. The excitement of Seeing a sale that is new never gets old. It’s also great to awake in the morning, reach to your phone, and see that you made X amount of dollars while you’re sleeping, and it is all easily available for you to spend. The caveat to this is Stripe. If your clients pays by card using Stripe, there’ll be a 3 day hold before the money is available. That is Stripe however — Payhip does not hold your money in any way.
No Monthly Charges
One of those things that Payhip originally sold me on is that there’s no Monthly charges or setup charges — just a simple flat fee of 5% per sale.
This was appealing to me back Since, at the moment, my readership was less than 1/10th of what it is now, and that I wasn’t positive that I was likely to always sell enough product to justify paying a monthly fee to get a similar service such as Gumroad. As a relatively new blogger having a small crowd, Payhip was the no-risk solution that best fit my scenario.
Easy To Understand Analytics
Payhip’s back end Provides an analytics page That lets you view trades and earnings amounts relative to this day, month, week, year, or any other specified range. Best of all, it’s a report that is to-the-point and simple.
If you used Google Analytics or Facebook analytics, the amount of data you’re immediately smacked in the face with can be a bit overwhelming, and lots of it is largely useless too. Payhip just provides you what you’re there to view — revenue information. Nothing more, nothing less.
Run Promotions with Coupon Codes
Another advantage users of Payhip experience is Promotions to run by creating coupon codes.
The codes may be Like and for any (or all) products. They could run for whatever length you want (or even indefinitely,) along with the code itself can even be customized to whatever string of text you desire.
I have found this to be somewhat helpful. Occasionally I will run a weekend promotion, place it on Facebook, then raise the post targeting a pixel audience and I don’t fail to go ROI positive by it. People truly do respond well to limited time offers. Amazon Electronic Books
Your Own Affiliate Program
Payhip Provides you the ability to let your Readers register as an affiliate of your store, and someone purchases a product you can award them a commission of whatever percent you’d like.
This is useful because it allows other Men and Women To market your merchandise 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 integrate Payhip along with your email advertising supplier so that whenever a sale is made, the purchaser’s email address can be added into a chosen list.
That is small but I think it’s Pretty cool so I want to give it a reference — if you desire, you can have Payhip stamp the purchaser’s email address into the upper left corner of every page of a PDF document they have purchased.
So if someone plans to Purchase Your PDF Publication then make it publicly accessible for free they will have to be fine with their email address being accessible. I think that’s a means of deterring pirating.
Upload Most Kinds of Files
Payhip isn’t just a market for ebooks — It’s possible to upload any sort of file. Font documents, video/audio files, photos, software, etc..
Total Simplicity and Modern Design
1 thing that can not be overlooked whenever You are selling something is your site appears. Individuals generally don’t trust sites that appear outdated, myself included. If a website looks like it has not been upgraded because the net 2.0 times, then I start to wonder if perhaps I am in an abandoned construction and putting my payment information to it’d pretty much be like throwing my money into a black hole.
That’s not the case with Payhip though. The Site has a design that is easy and very contemporary. In the event that you should buy a product on the world wide web, this is what you’d anticipate a checkout page by a trustworthy business. Amazon Electronic Books
Another thing I like about Payhip is its own In general simplicity. In the moment a visitor lands on your product page, Payhip remains out of the way. They display your graphics, sales copy, and only the critical information (like price.) They do nothing to interfere with your sale — no.
Finally, what I like about Payhip is That they do not store customer payment information, meaning that your clients’ payment details are safe. The payment is handled through PayPal or Stripe, and I prefer it this way because they’re large, successful companies with a lot of money.
What I Dislike About Payhip
As much as I like Payhip, it’s far from perfect. Here are some things that I dislike about the ceremony and would like to see enhanced…
No Mobile App
One thing that bugs me about Payhip is that They don’t have a program. It would be convenient to be able to start an app and take a look through my data while I am out and around. The site is optimized for mobile devices, although you may log in to the site and do this.
I like Payhip, but this is a really Bad appearance in 2018. There is no reason you should not have a website optimized for cellular, and when you’ve got that, you ought to be able to easily turn the site itself right into it’s own app so users don’t have to manually sign in each time they would like to inspect sales data. Users of Payhip encounter a better platform when they are on their devices.
No Upsells or Add-Ons At Checkout
On the checkout page, I would really like to see an ability to suggest Other products similar to what the client is going to buy. If they are buying a package of templates for $5, I might provide a bundle of business card templates or suggest some other product which could interest them they didn’t know about. This is something which websites like Amazon and VistaPrint do.
I can’t help but feel as though there’s a Great Deal of money being left on the Table — for both myself and Payhip — with no operation. This may enhance the Payhip encounter for both the seller and the client.
Establish On A Fixed Timezone
This one is frivolous, but I Like to see it corrected.
Since Payhip is located at London, they’ve The functioning timezone for the whole website place to BST. Since I am found in the EST, I’ll sometimes check my analytics at 7PM or afterwards and see that I left 0 sales for the day because Payhip believes it’s midnight and its information reveals that.
Again, this is a non-issue, however I Would love to observe the ability to adjust the site. Amazon Electronic Books
More Flexibility with Coupon Codes
I know I raved about the coupon Code feature earlier, but it’s not quite perfect.
As it stands, the only promotion You can run via a coupon code is for a percent off. I’d like to be able to offer a dollar amount to set a sale price that is specified.
At the moment, if I Need to place a merchandise that is $27 On sale for $10, I have to break out the calculator and do the math to determine what percent off would leave the final cost. I think this is unnecessary and could be made better.
When creating A new product in Payhip, you have access to innovative options including —
- Make your product personal.
- Add an ISBN (Internation Standard Book Number) to your eBook.
- Publish a preview or sample pages.
- To how many copies of your product or market could be Insert a limitation amount sold.
- Create a exceptional license key .
Just how much does this cost?
Payhip will Cost you nothing or host your digital products. The site takes only 5 percent 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 customer, but whether or not you ought to use it depends on your own situation.
If you’re a new blogger with a small audience And you can not justify spending $10+ a month for something like Gumroad, then yes, I would recommend Payhip. But if you know that you’ll do at least $ 1,000 in sales each month and market a high-ticket product or have a huge audience, you might want to check into something most cost effective.
As of the date of the writing, Payhip works On a set fee of 5 percent of every sale. Gumroad’s fee is now 3.5% + $0.30 per transaction + $10 per month.
If you’re going to be promoting $1,000 per month in total quantity, the mathematics should (in most cases) favor Payhip. But if you are selling into the thousands, you want to decide on Gumroad or look into some other choice. That is largely dependent on the number of transactions it requires to achieve those sales numbers, however, so make sure to crunch the numbers on your own.
Personally, I absolutely love the Payhip Experience and am very grateful for their services. I would like to see them continue to grow and succeed. Amazon Electronic Books