Introduction Best Digital Downloads To Sell On Etsy
Of All of the ways of monetizing blog content, my favorite Strategy is To make and sell electronic products such as learning materials and design templates. I’ve found that it’s extraordinarily more profitable than running ads from networks such as AdSense, and products convert at a much greater speed than an affiliate product that someone else created. The service I use to facilitate this is Payhip, and this post I will be discussing what I both like and dislike about the service based on my Payhip experience for a seller for two + years. Best Digital Downloads To Sell On Etsy
My Payhip Expertise
If you wanted to sell digital products Through your own site, you are going to want a means to facilitate transactions — some sort of infrastructure that will allow a customer to select your product, cover it, and have it immediately delivered to them with complete hands-off automation. Payhip solves this issue.
Payhip is An that gives customers with the simplest tools and solutions for hosting and selling products directly 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.
What are the advantages of using Payhip?
Each online Platform is different, and I’ve used a couple of them in the past.
Having A stage that is really simple to use and one that doesn’t 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 Advantages that I’ve gained the most from utilizing Payhip include –
- EU VAT is taken care of, which can be a big plus in my book.
- Affordable. The website takes zero fees asides From 5 percent per trade when you sell a item.
- Accessibility to analytics accounts.
- Access to marketing tools. You have the option to create Societal and Coupons discounts.
- Ability to signup, manage and reward your own affiliates.
- Access to merchandise sharing tools. Plus it is possible to embed Purchase and your merchandise Now buttons on blog or your site.
- The Capacity to setup mailing lists so that your clients can Subscribe and stay current with your goods, and much more.
- Instant digital product delivery via email link to buyers.
What I Enjoy About Payhip
Let us get to the details. After my two + year Payhip expertise, here’s what I really like about the service…
Upgrades Are Instantaneous
Payhip let us your customers pay with PayPal Or from credit/debit card with Stripe, plus they do not pay out monthly/weekly/quarterly or force you to wait for them to clear some sort of holding period. When a client makes a purchase, the money is immediately available on your accounts, and if you have the PayPal and Stripe apps installed on your mobile device, you are going to get notifications each time a sale occurs. Best Digital Downloads To Sell On Etsy
I happen to love this. The excitement of Seeing a brand new sale never gets old. It’s also great to wake up in the morning, reach for your phone, and see you made X amount of dollars while you’re sleeping, and it is all readily available for you to spend. The only caveat to this is Stripe. If your customers card using Stripe, there will be a 3 day hold until the cash is available. This is all Stripe however — Payhip doesn’t hold your money at all.
No Monthly Charges
Among the things that Payhip originally sold me on is that there is no Monthly charges or setup charges — only a simple flat fee of 5% per purchase .
This was appealing to me back Since, at the moment, my readership was 1/10th of what it is now, and that I wasn’t positive I was going to consistently sell enough product to warrant paying a monthly fee for a similar service such as Gumroad. As a relatively new blogger with a small crowd, Payhip was the quickest solution that best fit my situation.
Easy To Know Analytics
Payhip’s back end Provides an analytics page That enables you to view transactions and earnings quantities relative to the day, month, week, year, or some other specified range. On top of that, it’s a report that is to-the-point and really straightforward.
If you used Google Analytics or Facebook analytics, the amount of data you are instantly smacked in the face can be a bit overwhelming, and lots of it is mostly useless also. Payhip just gives you what you’re there to view — sales information. Nothing more, nothing less.
Run Promotions with Coupon Codes
Another advantage users of Payhip encounter is By producing coupon codes, promotions to run.
The codes can be for any percentage you’d Like and for any (or all) products. They could run for whatever duration you’d like (or even permanently,) along with the code itself can even be customized to whatever string of text you would like.
I have found this to be useful. Sometimes I will conduct a weekend promotion, place it on Facebook, then raise the post targeting a pixel audience that is re-marketing and I never fail to go ROI positive by it. People do respond to limited time offers. Best Digital Downloads To Sell On Etsy
Your Own Affiliate Program
Payhip Provides you the ability Readers register as an affiliate of your store, and you can award them a commission of whatever percent you would like someone purchases a product using their custom affiliate link.
This is useful since it allows other people To sell your products for you, and if they have a platform and an audience of their own that they can tap to, the commissions paid will be well worthwhile.
Easy Integration with Email Marketing
If you are into email marketing, you’ll be Able to readily integrate Payhip with your email advertising provider that is preferred so that a sale is made, the email address of the purchaser could be added into a list.
This is minor but I think it’s Pretty cool so I wish to give it a reference — if you desire, you can have Payhip postage the buyer’s email address into the upper left corner of each page of a PDF document they’ve purchased.
So if someone plans to buy your PDF Publication subsequently make it publicly accessible for free somewhere else, they will need to be okay with their email address being publicly available as well. I believe that’s a really creative way of deterring pirating.
Upload Many Kinds of Files
Payhip is not just a marketplace for ebooks — It’s possible to upload virtually any kind of digital file. Font documents, video/audio files, photographs, software, etc..
Total Simplicity and Modern Design
One thing that can not be overlooked whenever You’re selling something is your website appears. Individuals don’t trust sites that appear outdated, myself included. If a site looks like it has not been upgraded because the net 2.0 days, I begin to wonder if maybe I am in an abandoned construction and placing my payment information into 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 layout that is very modern and easy. This is what you’d expect a checkout page by a trustworthy business, if you were to buy a merchandise on the internet. Best Digital Downloads To Sell On Etsy
Another thing that I enjoy about Payhip is its own Overall simplicity. In the a visitor lands on your product page, Payhip stays 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 self-promotion whatsoever.
Finally, what I enjoy about Payhip is That customer payment information isn’t stored by them, meaning your clients’ payment details are secure. The payment is managed through PayPal or Stripe, and I prefer it this way because they are big, successful companies with lots 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 ceremony and would like to see improved…
No Mobile App
One thing that bugs me about Payhip is that They do not have a 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 site isn’t optimized for mobile devices, although you can log in to the site and do so.
I enjoy Payhip, but this is a really Bad look 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 right into it’s own program so users do not have to manually register in every time they want to check sales information. Users of Payhip encounter a platform when they are on their devices.
No Upsells or Add-Ons At Checkout
On the checkout page, I’d really like to see an Extra ability to suggest Other products. By way of example, if they’re purchasing a package of templates for $5, I might offer a package of business card templates or suggest. This is something that sites like Amazon and VistaPrint do.
I can not help but feel like there is a Great Deal of money Table — for myself and Payhip — without this operation. This may enhance the Payhip encounter for both the seller and the client.
Set On A Fixed Timezone
This one is largely frivolous, but I Like to see it corrected.
Since Payhip is located at London, they have The functioning timezone for the site place to BST. Since I am found in the EST, I’ll occasionally check my analytics at 7PM or later and see that I left 0 sales for the day since Payhip thinks it’s midnight and its own information reflects that.
Again, this is largely a non-issue, but I Would like to see the ability to correct the website to your timezone. Best Digital Downloads To Sell On Etsy
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 sole promotion You’re able to run via a coupon code. I’d like to have the ability to offer a dollar amount off the price, or the ability to set a sale price that is specified.
Right Now, if I Need to place a $27 merchandise Available for $10, I have to break out the calculator and manually do the math to determine what percentage off will render the cost. I think that is unnecessary and may be made better.
When creating A new product in Payhip, you have access to advanced options including —
- Make your product private.
- Add an ISBN (Internation Standard Book Number) to your eBook.
- Upload sample pages or a few preview.
- Insert a limitation amount to how many copies of eBook or your product could be sold.
- Create a license key for all your product/eBook sales.
Just how much does this cost?
Payhip will Cost you nothing to establish or host your products. The site takes only 5% commission per trade fee.
Can I Recommend Payhip?
This leaves us with the burning question: after 2years as a seller on Payhip, do you recommend it? Total, yes. I am very much a happy client, but whether you ought to use it depends on your situation.
If you are a new blogger with a small audience And you can not justify spending $10+ a month to get something like Gumroad, then yes, I would recommend Payhip. However, if you sell 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 may want to check into something most cost-efficient.
As of the date of this writing, Payhip functions On a set fee of 5% of every sale. Gumroad’s fee is now 3.5% + $0.30 per transaction + $10 per month.
If you are going to be selling $1,000 per month in total volume, the mathematics should (in most cases) favor Payhip. But if you are selling into the thousands, you’ll probably need to decide on Gumroad or start looking into some other choice. That is all dependent on the number of transactions it requires to reach those sales numbers so make certain that you crunch the numbers for yourself.
Personally, I love the Payhip Experience and am very grateful for their services. I would like to see them continue to grow and succeed. Best Digital Downloads To Sell On Etsy