Intro Aneela Hoey Payhip
Of all the ways of monetizing content, my favorite method is Such as studying materials and design templates, to create and sell products. I’ve discovered that it’s extraordinarily more profitable than running ads from networks like AdSense, and products convert at a greater rate compared to an affiliate product that someone else created. The service I use to facilitate this is Payhip, and this article I will be discussing what I like and dislike about the ceremony based on my Payhip experience for a seller for two + years. Aneela Hoey Payhip
My Payhip Experience
If you’ve ever wanted to market digital products Through your own website, you’ll need a means 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 whole hands-off automation. Payhip solves this issue.
What is Payhip?
Payhip is An e-commerce platform/website that gives customers with options and the simplest tools for selling products straight to their customers and hosting online.
The Provider Was co-founded by Abs Farah and Kahin Farah and is now based in my capital city of London.
What are the benefits of using Payhip?
Each online Platform is different, and I’ve used a few of them in the past.
For me personally, having A stage that is really easy to use and one that does not take a massive amount of my time that is precious is of paramount significance.
Payhip will Save a lot of time because everything is cared for on the Payhip platform.
The Benefits that I’ve gained the most from using Payhip include –
- EU VAT is cared for, which is a big plus in my book.
- Affordable. The site takes zero charges asides From 5 percent per transaction when you sell a product.
- Access to analytics reports.
- Access to advertising tools. You have the option to create Social and Coupons discounts.
- Ability to signup, handle and reward your own affiliates.
- Access to merchandise sharing tools. Plus it is possible to embed Buy and your merchandise Now buttons right on blog or your website.
- The ability to set mailing lists so that your clients can Subscribe and stay up to date with your digital goods, and much more.
- Instant digital product delivery via email link to customers.
What I Enjoy About Payhip
Let’s get to the information. Following my 2 year Payhip experience, here’s what I love about the service…
Payments 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 force you to wait for them to clear some sort of holding period. When a client makes a purchase, the cash is instantly available on your accounts, and in case you’ve got the PayPal and Stripe programs installed on your mobile device, you’ll receive notifications whenever a sale occurs. Aneela Hoey Payhip
I happen to appreciate this. The excitement of Seeing a sale that is new never gets old. In addition, it is great to wake up in the morning, reach for your telephone, and also see you made X amount of dollars while you were sleeping, and it’s all easily available for you to spend. The caveat to this is Stripe. If your clients card using Stripe, there’ll be a 3 day hold until the cash is available. That is Stripe though — Payhip does not hold your money in any way.
No Monthly Charges
One of the things that Payhip initially sold me is that there is no Monthly charges or setup charges — only a simple flat fee of 5 percent per sale.
This was attractive to me back Since, at the moment, my readership was 1/10th of what it is now, and that I was not positive that I was likely 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 little audience, Payhip was the quickest solution that best match my scenario.
Easy To Understand Analytics
Payhip’s back end offers an page That enables you to see trades and earnings amounts relative to the day, month, week, year, or any other specified range. On top of that, it’s a report.
If you have ever used Google Analytics or Facebook analytics, the amount of information you’re immediately smacked in the face can be a bit overwhelming, and lots of it is mostly useless also. Payhip just provides you exactly what you are there to view — revenue information. Nothing more, nothing less.
Run Promotions with Coupon Codes
Another advantage users of Payhip experience is The capacity to run promotions by creating coupon codes.
The codes can be for any percentage you’d Enjoy and for any (or all) products. They could run for any duration you want (or even indefinitely,) and the code itself may even be customized to whatever string of text you would like.
I’ve found this to be useful. Sometimes I will conduct a weekend promotion, post it on Facebook, then boost the post targeting a pixel re-marketing audience and I never fail to go ROI positive by it. People truly do respond well to limited time offers. Aneela Hoey Payhip
Your Own Affiliate Program
Payhip gives you the ability to let your Readers register as an affiliate of your shop, and you can award them a commission of whatever percent you’d like, someone purchases a product using their custom affiliate link.
This is useful since it allows other Men and Women To market your merchandise for you, the commissions paid will be well worth it and if they have a stage and an audience of their own that they can tap into.
Easy Integration with Email Marketing
If you are into email advertising, you’ll be Able to easily incorporate Payhip with your preferred email marketing provider so that a sale is made, the buyer’s email address could be added into a list.
This is relatively minor but I think it’s Pretty cool so I wish to give it a mention — 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 bought.
So if someone intends to Purchase Your PDF Publication make it available for free they’ll need to be okay with their email address being available as well. I believe that is a means of deterring pirating.
Upload Most Kinds of Files
Payhip is not Only a marketplace for ebooks — It’s possible to upload any sort of file. Font documents, video/audio documents, photos, software, etc..
Overall Simplicity and Modern Design
1 thing that can not be overlooked whenever You are selling something is your site looks. People generally do not trust websites which appear outdated, myself included. If a site looks like it hasn’t been updated since the net 2.0 days, I start to wonder if perhaps I’m in an abandoned construction 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 Site has a design that is very modern and simple. This is what you would anticipate a checkout page by a company if you were to purchase a product on the world wide web. Aneela Hoey Payhip
Another thing that I enjoy about Payhip is its In general simplicity. From the very second a visitor lands on your product page, Payhip remains out of the way. They display your graphics, sales copy, and only the critical information (such as price.) They do nothing to interfere with your sale — no.
Eventually, what I actually enjoy about Payhip is That customer payment info isn’t stored by them, meaning your clients’ payment details are safe. The payment is completely managed through PayPal or Stripe, and I prefer it this way because they are successful companies with a lot of money.
What I Dislike About Payhip
As much as I like Payhip, it is 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 around Payhip is that They don’t possess a mobile program. It’d be convenient to be able to start an app and take a look during my sales data while I am out and about. You do so and can log into the site, but the site is optimized for mobile devices.
I enjoy Payhip, but that is a very Lousy look in 2018. There’s no reason you shouldn’t have a website optimized for mobile, and when you have that, you ought to be able to easily turn the website itself into it’s own app so users do not have to manually register in each time they would like to check sales information. Users of Payhip encounter a much better platform when they are on their cellular devices.
No Upsells or Add-Ons At Checkout
On the checkout page, I would like to see an ability to suggest Other products. If they are purchasing a package of templates for $5, then I propose, or might provide a bundle of business card templates to get a couple of dollars. This is something which websites like Amazon and VistaPrint do well.
I can not help but feel as though there’s a Great Deal of money Table — for myself and Payhip — without this operation. This may enhance the Payhip encounter for both the vendor and the customer.
Set On A Fixed Timezone
This one is frivolous, but I had still Prefer to see it corrected.
Since Payhip is located in London, they’ve The timezone for the whole site set to BST. Since I’m located in the EST, I’ll sometimes check my analytics at 7PM or later and see that I left 0 sales for the day because Payhip believes it’s midnight and its information reflects that.
Again, this is largely a non-issue, however I Would like to observe that the ability to correct the website to your own timezone. Aneela Hoey Payhip
More Flexibility with Coupon Codes
I know I raved about the coupon Code feature earlier, but it’s not perfect just yet.
As it stands, the promotion You can run via a voucher code. Ideally, I’d love to be able to supply a dollar amount to set a sale price.
Right Now, if I Need to place a product that is $27 Available for $10, I must break out the calculator and manually do the math to determine what percent off will render the price at $10. I think that is unnecessary and could be made better.
When creating A brand new product in Payhip, you also have access to innovative alternatives including —
- Make your merchandise private.
- Add an ISBN (Internation Standard Book Number) to your eBook.
- Upload a couple of preview or sample pages.
- To how many copies of market or your product could be, add a limit number sold.
- Create a unique license key for all your product/eBook sales.
Just how much does this cost?
Payhip will Cost you to set up or even host your products. The website takes only 5 percent commission per trade fee.
Can I Recommend Payhip?
This leaves us with the burning question: after 2+ years as a seller on Payhip, do you recommend it? Total, yes. I am very much a satisfied customer, but whether or not you ought to use it depends on your own situation.
If you are 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 sell a product that is high-ticket or have a massive audience and know that you’ll do at least $ 1,000 in sales every month, you might want to look into something most cost effective.
As of this date of the writing, Payhip works On a flat fee of 5% of every sale. Gumroad’s fee is currently 3.5% + $0.30 per transaction + $10 per month.
If you are going to be promoting $1,000 a month in total quantity, the math should (typically ) prefer Payhip. But if you’re selling into the thousands, you need to decide on Gumroad or start looking into some choice. That is mostly dependent on how many transactions it requires to reach those sales numbers, however, so be sure that you crunch the numbers for yourself.
Personally, I absolutely love the Payhip Expertise and am thankful for their solutions. I would like to see them continue to grow and succeed. Aneela Hoey Payhip