Background Best Selling Products Online
Of All of the ways of Creating content, my favorite method is Like learning design templates and materials to make and sell products. I’ve discovered that it’s extraordinarily rewarding than running ads and products convert at a greater speed than an affiliate product that someone else created. The support I use to facilitate this can be Payhip, and this post I will be sharing what I like and dislike about the ceremony based in my Payhip expertise as a vendor for two + years. Best Selling Products Online
My Payhip Expertise
If you wanted to market products Through your own site, you are going to want a way to facilitate trades — some sort of infrastructure that will allow a client to select your product, cover it, and also have it instantaneously delivered to them with whole hands-off automation. Payhip solves this problem.
What is Payhip?
Payhip is An e-commerce platform/website that provides users with options and the easiest tools for hosting and promoting products straight to their clients online.
The company Was co-founded by Abs Farah and Kahin Farah and is now based in my capital city of London.
Which are the benefits of using Payhip?
Each online Platform is different, and I have used a couple of them in the past.
For me, having A stage that is easy to use and one that does not take a massive amount of my time is of paramount importance.
Payhip will Save you a great deal of time because everything is taken care of on the Payhip platform.
The Benefits that I’ve gained the most from utilizing Payhip include –
- EU VAT is taken care of, and it can be a big plus in my book.
- Affordable. The website takes zero fees asides From 5 percent per trade when you sell a product that is digital.
- Access to analytics reports.
- Access to marketing tools. You have the option to create Coupons and societal discounts.
- Ability to signup, manage and reward your own affiliates.
- Access to product sharing programs . Plus you can embed Your merchandise and purchase Now buttons on your own site or blog.
- The Capacity to set mailing lists so that your clients can Subscribe and remain current with your digital goods, and much more.
- Instant digital product shipping via email link to customers.
What I Like 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 with Stripe, and they do not pay out 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 accounts, and if you have the PayPal and also Stripe apps installed on your mobile device, you are going to receive notifications each time a sale happens. Best Selling Products Online
I happen to love this. The excitement of Seeing a brand new sale never gets older. In addition, it is good to awake in the morning, reach for your phone, and see that you made X amount of dollars while you were sleeping, and it is all easily available for you to spend. The only caveat to this can be Stripe. If your customers card using Stripe, there will be a three day hold before the cash is available. This is all Stripe though — Payhip does not hold your cash in any way.
No Monthly Fees
One of the things that Payhip originally sold me is that there is no Monthly charges or installation charges — only a simple flat fee of 5 percent per sale.
This was appealing to me in 2016 Since, at the moment, my readership was less than 1/10th of what it’s now, and I was not positive that 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 having a little crowd, Payhip was the quickest solution that best fit my scenario.
Simple To Know Analytics
Payhip’s back end Provides an page That lets you see trades and earnings amounts relative to this day, month, week, year, or some other given selection. Best of all, it’s a to-the-point and simple report.
If you used Google Analytics or Facebook analytics, the amount of data you’re immediately smacked in the face with can be a bit overwhelming, and lots of it’s largely useless also. Payhip just gives you what you’re there to see — revenue information. Nothing more, nothing less.
Run Promotions with Coupon Codes
Another advantage users of Payhip encounter is By creating coupon codes, promotions to conduct.
The codes can be for any percentage you’d Enjoy and for any (or all) products. They can run for whatever duration you want (or even indefinitely,) and the code itself may even be customized to whatever series of text you would like.
I have found this to be somewhat helpful. Sometimes I will conduct a weekend marketing, post it on Facebook boost the article targeting a pixel audience that is re-marketing and I never fail to go ROI positive with it. People really do respond well to limited time offers. Best Selling Products Online
Your Own Affiliate Program
Payhip gives you the ability Readers sign up as an affiliate of your store, and someone buys a product using their custom affiliate link, you can grant.
This is useful because it allows other Men and Women To market your products the commissions paid will be well worthwhile, and should they have a stage and an audience of their own that they can tap to.
Easy Integration with Email Marketing
You will be if you are into email marketing Able to easily incorporate Payhip along with your email advertising supplier so that whenever a purchase is made, the buyer’s email address can be added to a list.
This is relatively minor but I think it’s Pretty cool so I wish to give it a mention — if you so desire, you’ll have Payhip postage the buyer’s email address to the upper left corner of each page of a PDF document they have bought.
So if someone plans to buy your PDF Publication subsequently make it available for free they will have to be okay with their email address being available also. I believe that is a way of deterring pirating.
Upload Many Sorts of Files
Payhip is a marketplace for ebooks — It’s possible to upload any kind of electronic file. Font files, video/audio documents, photos, software, etc..
Overall Simplicity and Modern Design
1 thing that can not be overlooked whenever You’re selling something is how present your site looks. Individuals don’t trust sites which appear outdated, myself included. If a site looks like it has not been updated because the web 2.0 times, then I start to wonder if perhaps I’m 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 true with Payhip though. The Website has a very modern and easy design. This is exactly what you’d anticipate a checkout page from a business, In the event that you were to buy a merchandise on the internet. Best Selling Products Online
Another thing that I like about Payhip is its own In general simplicity. In the very second a visitor lands on your product page, Payhip stays out of the way. They display your graphics, sales copy, and just the critical info (such as price.) They do nothing to interfere with your purchase — no self-promotion whatsoever.
Finally, what I actually like about Payhip is That customer payment info isn’t stored by them, meaning your customers’ payment details are secure. The payment is completely handled through Stripe or PayPal, and I prefer it that way because they’re big, successful companies with a lot 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 don’t have a app. It would be convenient to have the ability to start an app and take a look while I am out and about. The site is optimized for mobile devices, although you can log into the site and do this.
I like Payhip, but this is a very Lousy look in 2018. There’s no reason you shouldn’t have a website optimized for mobile, and once you have that, you ought to be able to easily turn the site itself right into it’s own program so users don’t have to manually sign in each time they want to check sales information. Permit users of Payhip experience a better platform when they are on their mobile devices.
No Upsells or Add-Ons At Checkout
On the checkout page, I would really like to see an capability to indicate Other products. By way of example, if they’re purchasing a bundle of templates for $5, then I might provide a bundle of business card templates for a few dollars, or propose some other product which could interest them that they didn’t know about. This is something which websites 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 functionality. This may improve the Payhip experience for both the client and the seller.
Set On A Fixed Timezone
This one is largely frivolous, but I’d still Prefer to see it corrected.
Since Payhip is located in London, they’ve The functioning timezone for the site set to BST. Since I am located in the EST, I’ll occasionally check my stats at 7PM or afterwards and see that I made 0 earnings for the day since Payhip believes it is midnight and its own information reflects that.
Again, this is a non-issue, but I Would love to observe the ability to correct the site to your timezone. Best Selling Products Online
More Flexibility with Coupon Codes
I know I raved about the voucher Code feature but it is not quite perfect.
As it now stands, the promotion You can run via a voucher code. Ideally, I’d love to have the ability to supply a dollar amount to set a sale price that is specified.
Right Now, if I Need to place a merchandise that is $27 Available for $10, manually do the math to figure out what percentage off would leave the final cost 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 options including —
- Make your product private.
- Add an ISBN (Internation Standard Book Number) for your eBook.
- Upload sample pages or a preview.
- To the number of copies of eBook or your product can be Insert a limit amount sold.
- Create a license key .
How much does it cost?
Payhip will Cost you nothing to establish or host your digital products. The website takes just 5 percent commission per transaction fee.
Can I Recommend Payhip?
This leaves us with the burning question: after two years as a vendor on Payhip, would you recommend it? Overall, yes. I am very much a customer, but whether or not you ought to use it depends on your situation.
If you are a blogger with a small audience And you can’t justify spending $10+ per month for something like Gumroad, then yes, I would recommend Payhip. But in case you know that you’ll be doing at least $ 1,000 in sales every month and sell a merchandise that is high-ticket or have a massive audience, you may want to look into something most cost-efficient.
As of this date of this writing, Payhip functions On a set fee of 5% of each sale. Gumroad’s fee is now 3.5% + $0.30 per transaction + $10 per month.
If you’re going to be promoting less than $1,000 per month in total volume, the mathematics should (typically ) favor Payhip. But if you’re selling well into the thousands, you’ll probably need to go with Gumroad or start looking into some other alternative. This is all dependent on how many transactions it requires to reach those sales numbers so make certain to crunch the numbers for yourself.
Personally, I love the Payhip Experience and am really grateful for their services. I would like to see them continue to grow and succeed. Best Selling Products Online