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Of All of the ways of monetizing Articles, my favorite method is To make and sell electronic products such as studying layout templates and materials. I have found that it is extraordinarily rewarding than running advertisements from networks like AdSense, and products convert at a greater speed than an affiliate product that somebody else created. The service I use to facilitate this is Payhip, and in this article I’ll be sharing what I like and dislike about the ceremony based in my Payhip expertise for a seller for 2+ years. Amazon Kindle Store
My Payhip Experience
If you have ever wanted to sell products Through your own website, you’ll need a way to facilitate trades — some sort of infrastructure that will allow a customer to select your product, cover it, and also have it immediately delivered to them with complete hands-off automation. Payhip solves this issue.
Payhip is An e-commerce platform/website that provides users with the tools and options for promoting products to their customers and hosting online.
The Provider Was co-founded by Abs Farah and Kahin Farah and is currently based in my capital city of London.
Which are the benefits of utilizing Payhip?
Each online Platform differs, and I’ve used a few of these in the past.
For me, having A stage that is really simple to use and one that doesn’t require a massive amount of my time is of paramount significance.
Payhip will Save a great deal of time also because everything is cared for on the Payhip platform.
The Advantages that I’ve gained the most from utilizing Payhip comprise –
- EU VAT is taken care of, and it can be a huge plus in my book.
- Affordable. The website takes zero charges asides From 5% per transaction when you sell a item.
- Accessibility to analytics reports.
- Access to advertising tools. You have the option to make Societal and coupons discounts.
- Ability to signup, handle and reward your own affiliates.
- Access to merchandise sharing tools. Plus it is possible to embed Your product and purchase Now buttons on your own website or blog.
- The ability to setup mailing lists so that your customers can Subscribe and stay current with your products, and more.
- Immediate digital product delivery via email link to customers.
What I Like About Payhip
Let’s get to the details. After my two + year Payhip experience, here’s what I really like about the service…
Upgrades Are Instantaneous
Payhip let’s your customers pay with PayPal Or from credit/debit card with Stripe, and they don’t pay out monthly/weekly/quarterly or make you wait for them to clear some sort of holding period. When a client makes a purchase, the cash is instantly available in your account, and if you’ve got the PayPal and also Stripe programs installed on your mobile device, you are going to get notifications whenever a sale occurs. Amazon Kindle Store
I happen to love this. The excitement of Seeing a sale that is brand new never gets old. It’s also great to awake in the morning, reach to your telephone, and also see you made X number of dollars while you’re sleeping, and it’s all easily available for you to spend. The caveat to this is Stripe. If your clients pays by card with Stripe, there will be a three day hold before the cash is available. That is Stripe however — Payhip does not hold your money at all.
No Monthly Fees
Among those things that Payhip initially sold me is that there is no Monthly fees or installation charges — just a simple flat charge of 5% per sale.
This was appealing to me in 2016 Because, at the time, my readership was less than 1/10th of what it’s now, and that I was not positive that I was going to consistently sell enough product to justify paying a monthly fee for a similar service such as Gumroad. As a relatively new blogger having a small crowd, Payhip was the no-risk solution that best match my scenario.
Easy To Know Analytics
Payhip’s back end Provides an page That enables you to see transactions and earnings quantities relative to this day, week, month, year, or some other specified range. Best of all, it’s a straightforward and to-the-point report.
If you used Google Analytics or Facebook analytics, the amount of data you are immediately smacked in the face with can be a bit overwhelming, and a lot of it is largely useless also. Payhip just gives you what you are there to see — revenue data. Nothing more, nothing less.
Run Promotions with Coupon Codes
Another advantage users of Payhip experience is By producing coupon codes, promotions to run.
The codes can be for any percentage you’d Enjoy and for any (or all) products. They could run for any length you want (or even permanently,) and the code itself can even be customized to whatever string of text you desire.
I’ve found this to be useful. Occasionally I’ll run a weekend promotion, place it on Facebook raise the article targeting a pixel re-marketing audience and I never fail to go ROI positive by it. People really do respond well to limited time offers. Amazon Kindle Store
Your Own Affiliate Program
Payhip gives you the ability to let your Readers sign up as an affiliate of your store, and whenever someone purchases a product you are able to grant them a commission of whatever percent you’d like.
This is useful since it allows Men and Women To sell your merchandise the commissions paid will be well worthwhile, and if they have a stage and an audience of their own that they can tap to.
Easy Integration with Email Marketing
If you’re into marketing, you will be Able to readily incorporate Payhip along with your email marketing supplier that is chosen so that if a sale is made, the email address of the purchaser could be added into a chosen listing.
This is small but I think it’s Pretty cool so I wish to give it a mention — if you so desire, you can have Payhip postage the purchaser’s email address to the upper left corner of every page of a PDF document they have bought.
So if someone plans to Purchase Your PDF Publication make it available for free they will have to be fine with their personal email address being accessible. I believe that is a creative way of deterring pirating.
Upload Most Kinds of Files
Payhip is not Only a market for ebooks — You can upload virtually any sort of digital file. Font files, video/audio documents, photos, software, etc..
Total Simplicity and Modern Design
One thing that can’t be overlooked whenever You are selling something is how present your website looks. Individuals don’t trust myself included. If a website looks like it has not been upgraded since the net 2.0 times, then I begin to wonder if maybe I’m in an abandoned building and placing my payment info to it would pretty much be like throwing my money into a black hole.
That is not the case with Payhip though. The Site has a very contemporary and simple design. This is exactly what you’d expect a checkout page by a company In the event that you were to purchase a merchandise on the world wide web. Amazon Kindle Store
Another thing that I enjoy about Payhip is its Overall simplicity. In the moment a visitor lands on your product page, Payhip stays out of the way. They display your graphics, sales copy, and just the critical information (such as price.) They do nothing to interfere with your sale — no.
Finally, what I like about Payhip is That they don’t store customer payment info, meaning your customers’ payment details are safe. The payment is completely managed through PayPal or Stripe, and I prefer it this way because they’re successful companies with a lot of money to invest on top-shelf security.
What I Dislike About Payhip
As much as I enjoy Payhip, it is far from perfect. Here are some items that I dislike about the ceremony and would like to see improved…
No Mobile App
One thing that bugs me about Payhip is that They do not possess a mobile app. It would be convenient to be able to start an app while I am out and around and have a look through my data. The website isn’t optimized for mobile devices, although you can log in to the website and do this.
I enjoy Payhip, but that is a very Bad appearance in 2018. There is no reason you shouldn’t have a site optimized for mobile, and once you have that, you should be able to easily turn the site itself right into it’s own app so users don’t need to manually register in each time they would like to inspect sales information. Let users of Payhip encounter a better platform when they’re on their mobile devices.
No Upsells or Add-Ons In Checkout
On the checkout page, I’d like to see an added ability to indicate Other products similar to what the customer is about to purchase. For instance, if they’re buying a package of logo templates for $5, I could offer a bundle of business card templates to get a few bucks, or propose. This is something that websites like VistaPrint and Amazon do.
I can not help but feel like there is a Great Deal of money being left on the Table — for both myself and Payhip — without this functionality. This could improve the Payhip experience for both the customer and the seller.
Set On A Fixed Timezone
This one is frivolous, but I had still Like to see it fixed.
Considering that Payhip is located in London, they have The working timezone for the whole site place to BST. Since I’m located in the EST, I will sometimes check my stats at 7PM or afterwards and see that I left 0 earnings for the day since Payhip believes it is midnight and its own data reflects that.
This is a non-issue, however I Would love to see the capability to correct the website to your own timezone. Amazon Kindle Store
More Flexibility with Coupon Codes
I know I raved about the coupon It’s not quite perfect just yet, although Code attribute earlier.
As it now stands, the advertising You’re able to run via a voucher code is for a percent off. Ideally, I’d like to be able to supply a dollar amount from the initial price, or the ability to set a sale price.
Right Now, if I Need to put a product that is $27 Available for $10, I have to break out the calculator and manually do the math to determine what percentage off will leave the last price at $10. I think this is unnecessary and may be made better.
When creating A new product in Payhip, you have access to innovative alternatives including —
- Make your product personal.
- Add an ISBN (Internation Standard Book Number) to your eBook.
- Upload a preview or sample pages.
- Insert a limitation number to how many copies of eBook or your product can be sold.
- Generate a license key .
Just how much does it cost?
Payhip will Cost you to set up or even host your digital products. The site takes just 5% commission per transaction fee.
Can I Recommend Payhip?
This leaves us with the burning question: after 2+ years as a vendor on Payhip, would you recommend it? Total, yes. I am a client, but whether or not you ought to use it depends on your situation.
If you’re a blogger with a small audience And you can not justify spending $10+ a month for something such as Gumroad, then yes, I would recommend Payhip. If you market a merchandise that is high-ticket or have a huge audience and know that you’ll do at least $ 1,000 in sales each month, you might want to look into something most cost effective.
As of the date of the writing, Payhip works On a flat 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 selling less than $1,000 per month in total volume, the math should (typically ) prefer Payhip. But if you are selling into the thousands, you want to decide on Gumroad or start looking into some alternative. That is largely dependent on the number of transactions it requires to achieve those sales numbers so make certain to crunch the numbers for yourself.
Personally, I love the Payhip Experience and am very thankful for their services. I want to see them continue to grow and succeed. Amazon Kindle Store