Introduction Best Way To Sell Ebooks
Of All of the ways of monetizing content, my Strategy is Like studying design templates and materials, to create and sell products. I’ve discovered that it is extraordinarily more rewarding than running ads from networks such as AdSense, and products convert at a greater speed than an affiliate product that somebody else created. The service I use to facilitate this is Payhip, and in this article I’ll be discussing what I like and dislike about the service based on my Payhip experience for a seller for 2+ years. Best Way To Sell Ebooks
My Payhip Expertise
If you wanted to sell digital products Through your own website, you’ll need a means to facilitate transactions — some kind of infrastructure which will enable a client to select your product, cover it, and also have it immediately delivered to them with whole hands-off automation. Payhip solves this issue.
What is Payhip?
Payhip is An e-commerce platform/website that provides users with options and the simplest tools for hosting and selling electronic products to their customers online.
The company 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 differs, and I have used a few of these previously.
For me personally, having A platform that is really easy to use and one that doesn’t require a huge amount of my time that is valuable is of paramount significance.
Payhip will Save a lot of time too because everything is cared for on the Payhip platform.
The Advantages that I’ve gained the most from using Payhip comprise –
- EU VAT is cared for, 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 reports.
- Access to advertising tools. You have the option to make Coupons and societal discounts.
- Capability to signup, manage and reward your own affiliates.
- Access to product sharing programs . Plus you can embed Buy and your merchandise Now buttons on your own website or blog.
- The ability to set mailing lists so that your customers can Subscribe and remain current with your products, and much more.
- Immediate digital merchandise delivery via email link to customers.
What I Enjoy About Payhip
Let us get to the information. After my two + year Payhip experience, here’s what I love about the service…
Upgrades Are Instantaneous
Payhip let’s your customers pay with PayPal Or from credit/debit card using Stripe, and they do not cover monthly/weekly/quarterly or force you to wait around for them to clean some sort of holding period. When a client makes a purchase, the cash is immediately available in your account, and in case you have the PayPal and also Stripe programs installed on your mobile device, you’ll receive notifications each time a sale occurs. Best Way To Sell Ebooks
I happen to appreciate this. The excitement of Seeing a sale that is brand new never gets old. In addition, it is good to awake in the morning, reach to your telephone, and also see you made X amount of dollars while you were sleeping, and it is all readily available for you to spend. The only caveat to this is Stripe. If your clients card with Stripe, there’ll be a 3 day hold until the cash is available. This is Stripe though — Payhip doesn’t hold your cash in any way.
No Monthly Charges
One of the things that Payhip originally sold me is that there is no Monthly charges or installation charges — just a simple flat charge of 5% per sale.
This was attractive to me Since, at the time, my readership was 1/10th of what it is now, and I wasn’t positive I was likely to consistently sell enough product to justify paying a monthly fee for a similar service such as Gumroad. As a relatively new blogger having a little crowd, Payhip was the no-risk solution that best match my scenario.
Simple To Understand Analytics
Payhip’s back end offers an page That lets you view trades and earnings quantities relative to this day, week, month, year, or any other specified range. Best of all, it’s a report that is really simple and to-the-point.
If you’ve 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 mostly useless also. Payhip just gives you what you’re there to view — sales data. Nothing more, nothing less.
Run Promotions with Coupon Codes
Another benefit users of Payhip experience is By creating coupon codes promotions to conduct.
The codes may be for any percentage you would Enjoy and for any (or all) products. They could run for whatever length you’d like (or even permanently,) and the code itself can even be customized to whatever string of text you would like.
I’ve found this to be helpful. Occasionally I’ll run a weekend marketing, place it on Facebook, then raise the post targeting a pixel audience that is re-marketing and I don’t fail to go ROI positive with it. People truly do respond well to limited time offers. Best Way To Sell Ebooks
Your Own Affiliate Program
Payhip gives you the capability to let your Readers register as an affiliate of your store, and you can grant them a commission of whatever percentage you would like, if someone buys a product with their customized affiliate link.
This is useful because it allows other Men and Women To sell your merchandise for you, the commissions paid will be well worth it, and if they have a stage and an audience of their own they can tap to.
Easy Integration with Email Marketing
If you’re into email advertising, you’ll be Able to incorporate Payhip with your preferred email advertising provider so that a purchase is made, the purchaser’s email address could be added into a selected listing.
This is relatively small but I think it’s Pretty cool so I want to give it a reference — if you so desire, you’ll have Payhip stamp the purchaser’s email address into the upper left corner of every page of a PDF document they have purchased.
So if someone intends to buy your PDF Publication make it accessible for free they’ll have to be fine with their email address being publicly accessible also. I think that is a means of deterring pirating.
Upload Many Sorts of Files
Payhip is a market for ebooks — It’s possible to upload just about any kind of file. Font files, video/audio files, photos, software, etc..
Overall Simplicity and Modern Design
1 thing that can’t be overlooked whenever You’re selling something is how present your site appears. People don’t trust sites which appear outdated, myself included. If a site looks like it hasn’t been updated because the net 2.0 days, I start to wonder if maybe I am in an abandoned building and placing my payment info into it’d pretty much be like throwing my money into a black hole.
That is not the case with Payhip though. The Site has a very modern and easy design. This is what you’d anticipate a checkout page from a company In the event that you should buy a digital product on the internet. Best Way To Sell Ebooks
Another thing I enjoy about Payhip is its Overall simplicity. In the a visitor lands on your product page, Payhip remains out of the way. They display your images, sales copy, and only the crucial information (like price.) They do nothing to interfere with your sale — no self-promotion whatsoever.
Eventually, what I like about Payhip is That customer payment info isn’t stored by them, meaning that your customers’ payment details are secure. The payment is managed through Stripe or PayPal, and I prefer it that way as they are successful companies with a lot of cash.
What I Dislike About Payhip
As much as I like Payhip, it is far from perfect. Here are some things that I dislike about the ceremony and would like to see enhanced…
No Mobile App
One thing that bugs me about Payhip is that They don’t possess a program. It’d be convenient to be able to start an app while I’m out and around, and take a look through my sales data. The website isn’t optimized for mobile devices, although you may log in to the website and do so.
I like Payhip, but that is a very Bad appearance in 2018. There is no reason you should not have a site optimized for cellular, and once you have that, you ought to be able to easily turn the site itself right into it’s own app so users do not need to manually sign in each time they would like to inspect sales information. Users of Payhip encounter a better platform when they’re on their cellular devices.
No Upsells or Add-Ons At Checkout
On the checkout page, I would really like to see an ability to suggest Other products similar to what the customer is going to buy. If they’re buying a package of templates for $5, then I might provide a package of business card templates to get a couple of bucks, or propose some other product which may interest them that they previously didn’t know about. This is something that sites like Amazon and VistaPrint do.
I can’t help but feel like there is a Great Deal of money being left on the Table — for both myself and Payhip — without this operation. This may enhance the Payhip experience for both the seller and the customer.
Establish On A Fixed Timezone
This one is mostly frivolous, but I’d still Like to see it corrected.
Since Payhip is located in London, they have The functioning timezone for the entire website set to BST. Since I am located in the EST, I will occasionally check my analytics at 7PM or afterwards and see that I left 0 sales for the day since Payhip believes it is midnight and its own information reveals that.
This is mostly a non-issue, but I Would like to observe the ability to correct the website. Best Way To Sell Ebooks
More Flexibility with Coupon Codes
I know I raved about the coupon It is not perfect just yet, although code feature earlier.
As it currently stands, the promotion You’re able to run via a voucher code is for a percent off. Ideally, I’d like to be able to supply a dollar amount from the original price, or the ability to set a sale price that is specified.
Right Now, if I want to place a merchandise that is $27 Available for $10, I must break out the calculator and do the math to figure out what percentage off will leave the cost at $10. I think this is unnecessary and may be improved.
When creating A brand new product in Payhip, you have access to innovative options which include —
- Make your product private.
- Add an ISBN (Internation Standard Book Number) to your eBook.
- Upload a couple of sample or preview pages.
- Add a limitation amount to how many copies of market or your product can be sold.
- Create a unique license key .
Just how much does it cost?
Payhip will Cost you nothing to set up or even host your electronic products. The website takes only 5% commission per trade fee.
Would I Recommend Payhip?
This leaves us with the burning question: after two years as a vendor on Payhip, would you recommend it? Total, yes. I am a happy customer, but whether or not you ought to use it depends on your situation.
If you’re a new blogger with a small audience And you can not justify spending $10+ per month to get something such as Gumroad, then yes, I would absolutely recommend Payhip. If you have a massive audience or market a merchandise and know that you’ll be doing at least $1,000 in sales each month, you may want to look into something most cost-efficient.
As of the date of the writing, Payhip functions On a set fee of 5 percent of each sale. Gumroad’s fee is now 3.5% + $0.30 per transaction + $10 a month.
If you are going to be promoting $1,000 per month in total quantity, the math should (typically ) prefer Payhip. But if you’re selling into the thousands, you are probably going to want to decide on Gumroad or start looking into another alternative. That is dependent on the number of transactions it requires to reach those sales numbers so be sure to crunch the numbers.
Personally, I absolutely love the Payhip Experience and am very grateful for their services. I want to see them continue to grow and succeed. Best Way To Sell Ebooks