Intro Best Platform To Sell Digital Downloads
Of all the ways of monetizing content that is blog, my Strategy is Like learning layout templates and materials, to create and sell products. I have found that it is extraordinarily more profitable than running advertisements and self explanatory products convert at a higher rate compared to an affiliate product that someone else created. The support I use to ease this is Payhip, and this post I will be discussing what I both like and dislike about the service based on my Payhip experience as a vendor for two + years. Best Platform To Sell Digital Downloads
My Payhip Expertise
If you wanted to sell digital products Through your own site, you’ll want a way to facilitate trades — some sort of infrastructure which will enable a customer to select your goods, pay for it, and also have it immediately delivered to them with complete hands-off automation. Payhip solves this issue.
What is Payhip?
Payhip is An e-commerce platform/website that provides customers with solutions and the tools for hosting and promoting electronic products directly to their customers online.
The Provider Was co-founded by Abs Farah and Kahin Farah and is currently based in my capital city of London.
What are the benefits of using Payhip?
Each online Platform is different, and I have used a couple of these in the past.
Having A platform that is easy to use and one that does not require 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 taken care of on the Payhip platform.
The Advantages 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 website takes zero fees asides From 5% per transaction when you sell a digital product.
- Access to analytics accounts.
- Access to marketing tools. You have the option to make Societal and Coupons discounts.
- Capability to signup, manage and reward your own affiliates.
- Access to product sharing programs . Plus you can embed Purchase and your merchandise Now buttons on your site or blog.
- The Capacity to set mailing lists so that your customers can Subscribe and stay current with your products, and more.
- Instant digital merchandise shipping via email link to buyers.
What I Enjoy About Payhip
Let us get to the information. Following my 2 year Payhip expertise, here’s what I love about the service…
Payments Are Instantaneous
Payhip let us your customers pay with PayPal Or by credit/debit card using Stripe, and they don’t cover monthly/weekly/quarterly or make you wait for them to clear some sort of holding period. When a customer makes a purchase, the cash is instantly available on your account, and in case you’ve got the PayPal and Stripe programs installed on your mobile device, you’ll get notifications whenever a sale happens. Best Platform To Sell Digital Downloads
I happen to love this. The excitement of Seeing a sale never gets older. In addition, it is good to awake in the morning, reach to your phone, and see that you made X amount of dollars while you’re sleeping, and it’s all easily available for you to spend. The caveat to this can be Stripe. If your customers pays by card with Stripe, there will be a three day hold until the cash is available. That is all Stripe though — Payhip does not hold your money at all.
No Monthly Charges
One of those things that Payhip initially sold me is that there’s no Monthly charges or setup charges — just a simple flat charge of 5% per sale.
This was appealing to me Since, at the time, my readership was 1/10th of what it is now, and I was not positive I was going to consistently 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 audience, Payhip was the quickest solution that best fit my scenario.
Simple To Know Analytics
Payhip’s back end Provides an page That enables you to see trades and earnings quantities relative to the day, month, week, year, or any other specified range. On top of that, it is a to-the-point and simple report.
If you used Google Analytics or Facebook analytics, the number of information you are instantly smacked in the face can be somewhat overwhelming, and a lot of it is largely useless too. Payhip just gives you exactly what you’re there to see — revenue information. Nothing more, nothing less.
Run Promotions with Coupon Codes
Another benefit users of Payhip encounter is The ability to run promotions by creating coupon codes.
The codes can be Like and for any (or all) products. They could run for whatever duration you want (or even permanently,) along with the code itself may even be customized to whatever string of text you would like.
I’ve found this to be helpful. Sometimes I will run a weekend marketing, post it on Facebook boost the article targeting a pixel audience and I don’t fail to go ROI positive with it. People do respond well to limited time offers. Best Platform To Sell Digital Downloads
Your Own Affiliate Program
Payhip gives you the capability to let your Readers sign up as an affiliate of your store, and whenever someone purchases a product you can grant.
This is useful since it allows other Men and Women To market your merchandise the commissions paid will be worthwhile and should they have a platform and an audience of their own that they can tap to.
Easy Integration with Email Marketing
You’ll be if you are into email marketing Able to readily incorporate Payhip along with your email advertising provider so that a purchase is made, the buyer’s email address can be added to a chosen list.
This is small 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 top left corner of each page of a PDF document they’ve bought.
So if someone plans to Purchase Your PDF Publication make it accessible for free they’ll need to be fine with their email address being publicly 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 — You can upload just about any kind of file. Font files, video/audio documents, photographs, software, etc..
Total Simplicity and Modern Design
1 thing that can’t be overlooked whenever You are selling something is the way current your website appears. Individuals don’t trust sites which look outdated, myself included. If a website looks like it has not been updated since the net 2.0 days, I start to wonder if maybe I’m in an abandoned construction and placing my payment info into it would pretty much be like throwing my money into a black hole.
That’s not true with Payhip though. The Site has a very contemporary and easy layout. If you were to buy a merchandise on the world wide web, this is exactly what you would anticipate a checkout page from a business to look like. Best Platform To Sell Digital Downloads
Another thing that I like about Payhip is its own In general simplicity. In the a visitor lands on your product page, Payhip stays out of the way. They display your graphics, sales copy, and just the crucial info (such as price.) They do absolutely nothing to interfere with your purchase — no self-promotion whatsoever.
Finally, what I actually like about Payhip is That customer payment information isn’t stored by them, meaning that your customers’ payment details are safe. The payment is handled through Stripe or PayPal, and I prefer it this way because they’re large, 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 items that I dislike about the service and would like to see enhanced…
No Mobile App
1 thing that bugs me around Payhip is that They don’t have a app. It would be convenient to be able to open an app while I’m out and around and take a look. You do so and can log into the site, but the website isn’t even optimized for mobile devices.
I enjoy Payhip, but this is a very Bad look in 2018. There is no reason you should not have a website optimized for cellular, and when you have that, you should be able to easily turn the website itself into it’s own app so users don’t have to manually register in every time they would like to inspect sales information. Permit users of Payhip experience a much better platform when they’re on their cellular devices.
No Upsells or Add-Ons At Checkout
On the checkout page, I’d like to see an Extra ability to indicate Other products. By way of instance, if they’re buying a package of templates for $5, I might provide a package of business card templates or suggest. This is something that sites like Amazon and VistaPrint do well.
I can’t help but feel like there is a lot of money being left on the Table — for myself and Payhip — with no operation. This may enhance the Payhip encounter for both the client and the vendor.
Establish On A Fixed Timezone
This one is largely frivolous, but I Prefer to see it fixed.
Considering that Payhip is located at London, they have BST was set to by the timezone for the whole site. Since I am found in the EST, I’ll occasionally check my stats at 7PM or later and see that I made 0 sales for the day since Payhip believes it is midnight and its own data reflects that.
This is mostly a non-issue, however I Would love to see that the capability to correct the website to your timezone. Best Platform To Sell Digital Downloads
More Flexibility with Coupon Codes
I know I raved about the voucher Code feature but it is not quite perfect yet.
As it stands, the only advertising You can run via a coupon code. Ideally, I’d love to have the ability to offer a dollar amount from the initial price, or the ability to set a predetermined sale price.
At the moment, if I Need to put a merchandise Available for $10, do the math to determine what percent off will leave the price at $10 and I must break out the calculator. I believe that is unnecessary and could be improved.
When creating A new product in Payhip, you also have access to advanced alternatives including —
- Make your product personal.
- Add an ISBN (Internation Standard Book Number) for your eBook.
- Upload a preview or sample pages.
- Add a limitation number to the number of copies of your product or market could be sold.
- Generate a license key .
How much does this cost?
Payhip will Cost you to establish or even host your products. The website takes only 5 percent commission per transaction 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 customer, but whether you ought to use it depends on your own 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 absolutely recommend Payhip. However, in case you know that you’ll be doing at least $ 1,000 in sales each month and sell a product that is high-ticket or have a massive audience, you may want to look into something.
As of this date of the writing, Payhip works On a set fee of 5% of each sale. Gumroad’s fee is currently 3.5% + $0.30 per transaction + $10 a month.
If you’re going to be promoting less than $1,000 per month in total quantity, the math should (typically ) prefer Payhip. But if you are selling into the thousands, you are probably going to want to go with Gumroad or look into some other alternative. That is dependent on the number of transactions it requires to reach those sales numbers so be certain to crunch the numbers.
Personally, I absolutely love the Payhip Expertise and am really grateful for their solutions. I want to see them continue to grow and succeed. Best Platform To Sell Digital Downloads