Introduction Buy Digital Copy
Of all the ways of Creating content that is blog, my favorite method is Like learning design templates and materials to make and sell products. I’ve found that it’s extraordinarily more profitable than running advertisements and self-made products convert at a greater rate compared to an affiliate product that someone else created. The service I use to facilitate this can be Payhip, and in this post I will be sharing what I both like and dislike about the ceremony based on my Payhip experience for a vendor for 2+ years. Buy Digital Copy
My Payhip Expertise
If you wanted to sell products Through your own website, you are going to want a way to facilitate transactions — some sort of infrastructure which will enable a client to select your product, pay for it, and have it instantaneously delivered to them with whole hands-off automation. Payhip solves this issue.
Payhip is An that gives users with the simplest tools and solutions for hosting and promoting electronic products to their clients 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’ve used a few of these previously.
Having A stage that is easy to use and one that doesn’t take a huge amount of my time that is valuable is of paramount importance.
Payhip will Save you a lot of time because everything is cared for on the Payhip platform.
The Advantages that I’ve gained the most from utilizing Payhip include –
- EU VAT is cared for, and it is a huge plus in my book.
- Affordable. The website takes zero fees asides From 5% per trade when you sell a digital product.
- Access to analytics accounts.
- Access to advertising tools. You have the option to make Coupons and social discounts.
- Capability to signup, manage and reward your own affiliates.
- Access to product sharing programs . Plus it is possible to embed Buy and your merchandise Now buttons on your own website or blog.
- The Capacity to set mailing lists so that your clients can Subscribe and remain up to date with your electronic goods, and more.
- Immediate digital merchandise delivery via email link for buyers.
What I Enjoy About Payhip
Let us get to the details. Following my 2 year Payhip experience, Here Is What I really like about the ceremony…
Upgrades Are Instantaneous
Payhip let us your customers pay with PayPal Or by credit/debit card using Stripe, and they do not pay out monthly/weekly/quarterly or make you wait around for them to clean some kind of holding period. When a customer makes a purchase, the cash is instantly available in 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 occurs. Buy Digital Copy
I happen to love this. The excitement of Seeing a sale that is brand new never gets older. In addition, it is good to awake in the morning, reach to your telephone, and see you made X number of dollars while you’re sleeping, and it is all easily available for you to spend. The caveat to this is Stripe. If your customers card using Stripe, there’ll be a 3 day hold until the money is available. That is Stripe however — Payhip does not hold your money in any way.
No Monthly Fees
Among those things that Payhip originally sold me on is that there is no Monthly fees or setup charges — only a simple flat fee of 5 percent per sale.
This was attractive to me in 2016 Because, at the time, my readership was less than 1/10th of what it’s now, and I was not positive that 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 audience, Payhip was the no-risk solution that best fit my scenario.
Simple To Understand Analytics
Payhip’s back end Provides an page That lets you view transactions and earnings quantities relative to the day, month, week, year, or some other given selection. Best of all, it is a report that is to-the-point and simple.
If you used Google Analytics or Facebook analytics, the amount of data you’re immediately smacked in the face can be a bit overwhelming, and lots of it’s mostly useless too. Payhip just provides 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 producing coupon codes, promotions to conduct.
The codes can be Enjoy and for any (or all) products. They could run for any length you want (or even permanently,) and the code itself may even be customized to whatever string of text you would like.
I have found this to be somewhat useful. Sometimes I will conduct a weekend promotion, place it on Facebook raise the article targeting a pixel re-marketing audience and I never fail to go ROI positive with it. People do respond to limited time offers. Buy Digital Copy
Your Own Affiliate Program
Payhip Provides you the ability to let your Readers sign up as an affiliate of your store, and you are able to award them a commission of whatever percent you would like if someone purchases a product with their custom affiliate link.
This is useful since it allows people To sell your products for you, the commissions paid will be worthwhile, and if they have a stage and an audience of their own they can tap into.
Easy Integration with Email Marketing
You’ll be if you are into email advertising Able to integrate Payhip along with your email marketing supplier so that if a sale is made, the email address of the purchaser can be added into a listing.
That is minor but I think it’s Pretty cool so I want to give it a reference — if you desire, you’ll have Payhip postage the buyer’s email address into the upper left corner of every page of a PDF document they have purchased.
So if someone intends to Purchase Your PDF Book make it accessible for free somewhere else, they will have to be okay with their private email address being publicly accessible. I think that’s a really creative means of deterring pirating.
Upload Many Kinds of Files
Payhip is a marketplace for ebooks — It’s possible to upload virtually any sort of digital file. Font files, video/audio files, photos, software, etc..
Total Simplicity and Modern Design
One thing that can’t be overlooked whenever You are selling something is your site looks. Individuals do not trust myself included. If a website looks like it has not been upgraded because the net 2.0 days, I start to wonder if maybe I am in an abandoned construction and putting my payment information into it would pretty much be just like throwing my money into a black hole.
That’s not the case with Payhip though. The Site has a design that is very modern and simple. This is exactly what you would anticipate a checkout page by a company, if you should buy a digital merchandise on the world wide web. Buy Digital Copy
Another thing I like about Payhip is its In general simplicity. From the very moment 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 sale — no self-promotion whatsoever.
Eventually, what I like about Payhip is That customer payment information isn’t stored by them, meaning that your clients’ payment details are secure. The payment is completely managed through PayPal or Stripe, and I prefer it this way as they’re big companies with lots of money to invest on security.
What I Dislike About Payhip
As much as I enjoy 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
1 thing that bugs me around Payhip is that They don’t possess a program. It would be convenient to have the ability to start an app while I am out and around, and take a look. The site isn’t optimized for mobile devices, although you do this and can log into the website.
I enjoy Payhip, but this is a very Lousy appearance in 2018. There is no reason you should not have a website optimized for mobile, and when you have that, you should be able to easily turn the website itself into it’s own app so users don’t need to manually register in every time they want to check sales information. Users of Payhip encounter a much better platform when they are on their cellular devices.
No Upsells or Add-Ons In Checkout
On the checkout page, I would really like to see an Extra ability to indicate Other products similar to what the customer is going to purchase. By way of instance, if they are buying a bundle of templates for $5, then I could provide a bundle of business card templates to get a few added dollars, or suggest. This is something which sites like VistaPrint and Amazon do.
I can not help but feel as though there’s a lot of money being left on the Table — for myself and Payhip — without this operation. This may improve the Payhip encounter for both the customer and the vendor.
Establish On A Fixed Timezone
This one is frivolous, but I Like to see it corrected.
Considering that Payhip is located in London, they have The working timezone for the entire website set to BST. Since I’m found in the EST, I will sometimes check my stats at 7PM or afterwards and see that I made 0 earnings for the day since Payhip believes it’s midnight and its information reveals that.
Again, this is mostly a non-issue, however I Would like to observe that the capability to adjust the website. Buy Digital Copy
More Flexibility with Coupon Codes
I know I raved about the voucher It’s not perfect just yet, although code feature earlier.
As it currently stands, the sole promotion You’re able to run through a voucher code is to get a percent off. I’d love to be able to supply a dollar amount off the initial price, or the ability to set a sale price that is predetermined.
At the moment, if I want to put a $27 merchandise Available for $10, do the math to figure out what percentage off will leave the price at $10 and I have to break out the calculator. I believe that is unnecessary and could be improved.
When creating A brand new product in Payhip, you also have access to advanced options including —
- Make your product private.
- Insert an ISBN (Internation Standard Book Number) for your eBook.
- Publish sample pages or a few preview.
- Add a limitation number to the number of copies of market or your product can be sold.
- Create a unique license key for each of your product/eBook revenue.
How much does it cost?
Payhip will Cost you to set up or even host your products. The website takes only 5 percent commission per trade fee.
Can I Recommend Payhip?
This leaves us with the burning question: after 2+ years as a seller on Payhip, do you recommend it? Overall, yes. I am very much a client, but whether you should use it depends upon your own situation.
If you are a 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 know you’ll do at least $ 1,000 in sales each month and market a merchandise or have a huge audience, you may want to check into something.
As of this date of this writing, Payhip functions On a flat fee of 5% of each sale. Gumroad’s fee is currently 3.5% + $0.30 per transaction + $10 a month.
If you are going to be promoting $1,000 per month in total volume, the mathematics should (typically ) prefer Payhip. But if you are selling well into the thousands, you want to decide on Gumroad or look into some other alternative. That is largely dependent on how many transactions it takes to reach those sales numbers so make certain to crunch the numbers on your own.
Personally, I love the Payhip Experience and am really thankful for their services. I would like to see them continue to grow and succeed. Buy Digital Copy