Introduction Best Selling Digital Products
Of all the ways of Creating content that is blog, my Strategy is Such as learning materials and design templates to make and sell products. I have found that it’s extraordinarily more rewarding than running ads from networks such as AdSense, and self explanatory products convert at a greater rate than an affiliate product that someone else created. The service I use to ease this is Payhip, and this article I will be discussing what I both like and dislike about the service based on my Payhip experience for a vendor for 2+ years. Best Selling Digital Products
My Payhip Experience
If you wanted to sell digital products Through your own site, you are going to need a way to facilitate trades — some sort of infrastructure which will enable a customer to select your goods, pay for it, and have it instantaneously delivered to them with complete hands-off automation. Payhip solves this problem.
Payhip is An e-commerce platform/website that provides customers with solutions and the simplest tools for selling digital products straight 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.
What are the benefits of utilizing Payhip?
Each online Platform is different, and I have used a few of them in the past.
Having A platform that is so easy to use and one that doesn’t require a huge amount of my time that is precious is of utmost importance.
Payhip will Save you a great deal of time too because everything is cared for on the Payhip platform.
The Benefits that I’ve gained the most from using Payhip include –
- EU VAT is taken care of, and it can be a big plus in my book.
- Affordable. The site takes zero charges asides From 5 percent per transaction when you sell a item.
- Access to analytics reports.
- Access to marketing tools. You have the option to create Coupons and societal discounts.
- Capability to signup, manage and reward your own affiliates.
- Access to merchandise sharing programs . Plus you can embed Your product and purchase Now buttons on your own site or blog.
- The ability to setup mailing lists so that your clients can Subscribe and stay up to date with your goods, and much more.
- Instant digital product delivery via email link to buyers.
What I Enjoy About Payhip
Let’s get to the information. After my 2 year Payhip experience, here’s what I really like about the ceremony…
Upgrades Are Instantaneous
Payhip let us your customers pay with PayPal Or from credit/debit card with Stripe, and they don’t cover monthly/weekly/quarterly or make you wait around for them to clean some sort of holding period. When a client makes a purchase, the cash is instantly available on your account, 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 Selling Digital Products
I happen to love this. The excitement of Seeing a sale never gets old. It’s also good to awake in the morning, reach for your phone, and also see that you made X number of dollars while you were sleeping, and it is 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 cash in any way.
No Monthly Fees
One of those things that Payhip initially sold me is that there is no Monthly charges or installation charges — just a simple flat fee of 5% per purchase .
This was attractive to me in 2016 Since, at the moment, my readership was less than 1/10th of what it’s now, and that I wasn’t positive that I was going to consistently sell enough product to warrant paying a monthly fee to get a similar service like Gumroad. As a relatively new blogger with a small crowd, Payhip was the quickest solution that best fit my situation.
Simple To Understand Analytics
Payhip’s back end offers an page That lets you see trades and earnings quantities relative to the day, month, week, year, or any other specified range. On top of that, it is a report.
If you used Google Analytics or Facebook analytics, the amount of data you are immediately smacked in the face can be somewhat overwhelming, and lots of it’s 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 benefit users of Payhip experience is The ability to conduct promotions.
The codes can be for almost any percentage you’d Like and for any (or all) products. They can run for whatever length you want (or even permanently,) and the code itself can even be customized to whatever string of text you would like.
I have found this to be somewhat useful. Occasionally I’ll run a weekend promotion, place it on Facebook boost the article targeting a pixel re-marketing audience and I never fail to go ROI positive by it. People really do respond to limited time offers. Best Selling Digital Products
Your Own Affiliate Program
Payhip gives you the ability to let your Readers sign up as an affiliate of your shop, and you are able to grant if someone buys a product using their custom affiliate link.
This is useful because it allows Men and Women To sell your merchandise for you, the commissions paid will be well worth it and should they have an audience of their own and a platform they can tap to.
Easy Integration with Email Marketing
If you’re into email advertising, you will be Able to readily integrate Payhip with your email marketing provider that is preferred so that whenever a purchase is made, the email address of the purchaser could be added into a list.
That is minor 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 buyer’s email address into the upper left corner of each page of a PDF document they’ve bought.
So if someone plans to Purchase Your PDF Publication make it publicly accessible for free somewhere else, they’ll need to be fine with their private email address being available as well. I think that is a means of deterring pirating.
Upload Many Sorts of Files
Payhip is not just a marketplace for ebooks — You can upload just about any kind of digital file. Font files, video/audio files, photographs, software, etc..
Overall Simplicity and Modern Design
1 thing that can not be overlooked whenever You’re selling something is how current your site appears. Individuals generally don’t trust myself included. If a website looks like it hasn’t been upgraded since the web 2.0 days, I start to wonder if perhaps I am in an abandoned building and putting my payment information to it would pretty much be just like throwing my money into a black hole.
That’s not the case with Payhip though. The Website has a easy and very contemporary layout. This is what you’d expect a checkout page from a business to appear like if you should purchase a product on the internet. Best Selling Digital Products
Another thing I enjoy about Payhip is its Overall simplicity. From the second a visitor lands on your product page, Payhip stays 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.
Finally, what I actually enjoy about Payhip is That they don’t store customer payment information, meaning your clients’ payment details are safe. The payment is managed through PayPal or Stripe, and I prefer it this way because they’re successful companies with a lot of cash to invest on top-shelf security.
What I Dislike About Payhip
As much as I like Payhip, it’s 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 don’t have a mobile program. It’d be convenient to have the ability to open an app while I’m out and around and take a look during my data. The site isn’t even optimized for mobile devices, although you may log in to the website and do so.
I like Payhip, but that is a very Lousy appearance in 2018. There’s no reason you shouldn’t have a website optimized for mobile, and when you’ve got that, you ought to be able to easily turn the website itself into it’s own program so users don’t have to manually register in every time they would like to inspect sales data. Users of Payhip experience a platform when they’re on their cellular devices.
No Upsells or Add-Ons In Checkout
On the checkout page, I’d like to see an ability that is Extra to suggest Other products similar to what the customer is going to purchase. By way of instance, if they’re buying a package of logo templates for $5, I could provide a package of business card templates or suggest some other similar product that could interest them that they didn’t know about. This is something that websites like VistaPrint and Amazon do quite well.
I can’t help but feel as though there is a Great Deal of money being left on the Table — for both myself and Payhip — without this operation. This could enhance the Payhip encounter for both the vendor and the client.
Set On A Fixed Timezone
This one is mostly frivolous, but I Prefer to see it corrected.
Considering that Payhip is located in London, they’ve BST was place to by the timezone for the whole site. Since I am found in the EST, I’ll sometimes check my analytics at 7PM or later and see that I left 0 earnings for the day because Payhip thinks it’s midnight and its own data reveals that.
This is a non-issue, but I Would love to see the capability to adjust the website to your timezone. Best Selling Digital Products
More Flexibility with Coupon Codes
I know I raved about the voucher It is not perfect, although Code attribute earlier.
As it stands, the advertising You can run through a coupon code. I’d like to be able to offer a dollar amount to set a sale price that is specified.
At the moment, if I Need to put a $27 merchandise On sale for $10, I must break out the calculator and do the math to determine what percent off would leave the cost. I believe that is unnecessary and could be improved.
When creating A brand new product in Payhip, you also have access to innovative alternatives including —
- Make your product personal.
- Add an ISBN (Internation Standard Book Number) for your eBook.
- Publish sample pages or a preview.
- To how many copies of your product or market can be add a limitation amount sold.
- Create a license key that is unique .
Just how much does it cost?
Payhip will Cost you nothing or host your products. The site takes just 5 percent commission per transaction fee.
Would I Recommend Payhip?
This leaves us with the burning question: after 2+ years as a seller on Payhip, would you recommend it? Total, yes. I am very much a client, but whether or not you ought to use it depends on your own situation.
If you’re a blogger with a small audience And you can’t justify spending $10+ a month for something like Gumroad, then yes, I would recommend Payhip. If you market a merchandise that is high-ticket or have a huge audience and know you’ll do at least $ 1,000 in sales each month, you may want to check into something.
As of this date of the writing, Payhip works On a set fee of 5 percent of each sale. Gumroad’s fee is currently 3.5% + $0.30 per transaction + $10 per month.
If you are going to be promoting $1,000 per month in total volume, the mathematics should (in most cases) prefer Payhip. But if you’re selling into the thousands, you are probably going to need to go with Gumroad or look into some other alternative. This is largely dependent on the number of transactions it requires to achieve those sales numbers so make sure to crunch the numbers for yourself.
Personally, I love the Payhip Experience and am really thankful for their services. I would like to see them continue to grow and succeed. Best Selling Digital Products