Intro Best Digital Products
Of all the ways of Creating content, my favorite method is Like learning materials and design templates, to make and sell products. I’ve found that it’s extraordinarily more rewarding than running advertisements from networks such as AdSense, and products convert at a greater speed compared to an affiliate product that somebody else created. The service I use to ease this is Payhip, and this article I’ll be discussing what I both like and dislike about the ceremony based on my Payhip expertise as a vendor for two + years. Best Digital Products
My Payhip Expertise
If you wanted to market digital products Through your own website, you are going to need a means to facilitate transactions — some sort of infrastructure which will enable a client to select your goods, pay for it, and also have it instantaneously delivered to them with complete hands-off automation. Payhip solves this problem.
Payhip is An that gives customers with the tools and options for selling products to their customers and hosting online.
The company Was co-founded by Abs Farah and Kahin Farah and is currently based in my capital city of London.
Which are the advantages of utilizing Payhip?
Each online Platform is different, and I have used a few of these in the past.
Having A stage that is so simple to use and one that doesn’t take a huge amount of my time that is precious 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 cared for, which can be a huge plus in my book.
- Affordable. The site takes zero charges asides From 5% per transaction when you sell a digital product.
- Accessibility to analytics reports.
- Access to advertising tools. You have the option to create Coupons and social discounts.
- Ability to signup, manage and reward your own affiliates.
- Access to product sharing programs . Plus it is possible to embed Your product and purchase Now buttons right on your website or blog.
- The Capacity to set mailing lists so that your clients can Subscribe and stay current with your digital products, and more.
- Instant digital merchandise delivery via email link to buyers.
What I Enjoy About Payhip
Let us get to the information. After my two + year Payhip expertise, here’s what I really like about the service…
Payments Are Instantaneous
Payhip let us your customers pay with PayPal Or by credit/debit card using Stripe, plus they don’t cover monthly/weekly/quarterly or force you to wait for them to clear some sort of holding period. When a customer makes a purchase, the cash is immediately available on your accounts, and if you’ve got the PayPal and Stripe programs installed on your mobile device, you’ll get notifications each time a sale happens. Best Digital Products
I happen to love this. The excitement of Seeing a sale that is new never gets old. It’s also good to awake in the morning, reach for your phone, and also see you made X amount of dollars while you were sleeping, and it’s all readily available for you to spend. The caveat to this is Stripe. If your customers pays by card using Stripe, there will be a 3 day hold before the cash is available. That is all Stripe though — Payhip does not hold your money at all.
No Monthly Charges
One of the things that Payhip originally sold me is that there is no Monthly fees or installation charges — only a simple flat charge of 5 percent per purchase .
This was attractive to me in 2016 Since, at the moment, my readership was 1/10th of what it’s now, and that I was not positive I was going to consistently sell enough product to warrant paying a monthly fee for a similar service like Gumroad. As a relatively new blogger with a little audience, Payhip was the no-risk solution that best fit my scenario.
Easy To Understand Analytics
Payhip’s back end offers an analytics page That enables you to see trades and earnings quantities relative to the day, week, month, year, or some other given selection. On top of that, it is a report that is to-the-point and straightforward.
If you’ve ever used Google Analytics or Facebook analytics, the number 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 exactly what you are there to view — revenue data. 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 Like and for any (or all) products. They could run for whatever duration you’d like (or even permanently,) and the code itself may even be customized to whatever string of text you would like.
I’ve found this to be very helpful. Occasionally I will conduct a weekend promotion, post it on Facebook 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. Best Digital Products
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 using their customized affiliate link, you are able to award.
This is useful since it allows Men and Women To market your products the commissions paid will be worth it and should they have an audience of their own and a stage that they can tap to.
Easy Integration with Email Marketing
If you’re into email advertising, you will be Able to easily incorporate Payhip with your email marketing supplier that is preferred so that if a purchase is made, the email address of the purchaser can be added to a selected listing.
That is minor but I think it’s Pretty cool so I wish to give it a reference — if you desire, you’ll have Payhip stamp the buyer’s email address into the top left corner of each page of a PDF document they’ve bought.
So if someone intends to buy your PDF Publication then make it publicly available for free somewhere else, they’ll need to be fine with their email address being accessible. I think that is a very creative way of deterring pirating.
Upload Many Sorts of Files
Payhip is a marketplace for ebooks — You can upload any sort of digital file. Font documents, video/audio documents, photographs, software, etc..
Total Simplicity and Modern Design
1 thing that can not be overlooked whenever You’re selling something is how current your website looks. Individuals don’t trust myself included. If a site looks like it has not been upgraded because the net 2.0 times, then I begin to wonder if maybe I am in an abandoned construction and putting my payment information into it’d pretty much be like throwing my money into a black hole.
That’s not true with Payhip though. The Website has a simple and very contemporary layout. This is exactly what you’d expect a checkout page from a trusted company to appear like, In the event that you should buy a digital product on the internet. Best Digital Products
Another thing I like about Payhip is its own In general simplicity. From the a visitor lands on your product page, Payhip remains out of the way. They display your graphics, sales copy, and just the crucial information (such as price.) They do nothing to interfere with your purchase — no self-promotion whatsoever.
Finally, what I like about Payhip is That they do not store customer payment info, meaning that your clients’ payment details are secure. The payment is completely handled through PayPal or Stripe, and I prefer it that way because they’re successful companies with a lot of cash.
What I Dislike About Payhip
As much as I enjoy Payhip, it’s far from perfect. Here are some items that I dislike about the ceremony and would like to see enhanced…
No Mobile App
1 thing that bugs me about Payhip is that They do not have a app. It’d be convenient to be able to open an app while I’m out and about, and take a look during my earnings data. The site is optimized for mobile devices, although you can log into the website and do so.
I like Payhip, but that is a really Bad look in 2018. There is no reason you should not have a website optimized for mobile, and once you have that, you should be able to easily turn the site itself right into it’s own program so users don’t need to manually sign in each time they want to check sales data. Users of Payhip experience a platform when they’re on their mobile devices.
No Upsells or Add-Ons At Checkout
On the checkout page, I would like to see an capability that is added to suggest Other products. If they are buying a bundle of logo templates for $5, then I suggest some other product that may interest them that they didn’t know about, or could offer a bundle of business card templates for a few extra bucks. This is something which sites like VistaPrint and Amazon do.
I can’t help but feel as though there is a lot of money Table — for myself and Payhip — without this functionality. This could improve the Payhip encounter for both the customer and the vendor.
Set On A Fixed Timezone
This one is largely frivolous, but I’d still Like to see it fixed.
Since Payhip is located at London, they’ve BST was set to by the timezone for the whole site. Since I am found in the EST, I will occasionally check my stats at 7PM or later and see that I made 0 earnings for the day because Payhip thinks it’s midnight and its own information reflects that.
This is largely a non-issue, however I Would love to observe the ability to correct the site. Best Digital Products
More Flexibility with Coupon Codes
I know I raved about the coupon It’s not perfect, although Code attribute earlier.
As it currently stands, the promotion You can run via a coupon code. Ideally, I’d like to be able to supply a dollar amount from the original cost, or the capability to set a sale price that is predetermined.
At the moment, if I Need to put a merchandise On sale for $10, manually do the math to determine what percent off will leave the cost at $10 and I must break out the calculator. I believe that is unnecessary and could be improved.
When creating A brand new product in Payhip, you have access to advanced alternatives which include —
- Make your merchandise personal.
- Add an ISBN (Internation Standard Book Number) to your eBook.
- Upload a preview or sample pages.
- To how many copies of market or your product can be add a limitation number sold.
- Create a exceptional license key .
How much does it cost?
Payhip will Cost you to establish or even host your digital products. The website takes just 5% 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? Overall, yes. I am a satisfied client, but whether you should use it depends upon your situation.
If you are a new blogger with a small audience And you can not justify spending $10+ per month to get something like Gumroad, then yes, I would absolutely recommend Payhip. In case you sell a product that is high-ticket or have a huge audience and know you’ll do at least $ 1,000 in sales every month, you might want to look into something most cost effective.
As of the date of this writing, Payhip functions On a flat fee of 5% of every sale. Gumroad’s fee is currently 3.5% + $0.30 per transaction + $10 a month.
If you’re going to be selling $1,000 per month in total quantity, the math should (in most cases) prefer Payhip. But if you’re selling into the thousands, you are probably going to need to decide on Gumroad or start looking into some alternative. This is largely dependent on the number of transactions it takes to reach those sales numbers though, so make certain to crunch the numbers.
Personally, I absolutely love the Payhip Expertise and am really thankful for their services. I want to see them continue to grow and succeed. Best Digital Products