Intro Buy Download
Of All of the ways of monetizing content, my favorite Strategy is Such as studying layout templates and materials to make and sell digital products. I’ve found that it is extraordinarily more profitable than running ads and products convert at a much higher speed compared to an affiliate product that somebody else created. The service I use to facilitate this can be Payhip, and in this post I’ll be sharing what I both like and dislike about the ceremony based on my Payhip experience for a seller for 2+ years. Buy Download
My Payhip Experience
If you wanted to market products Through your own website, you’ll need a means to facilitate transactions — some sort of infrastructure that will allow a client to select your product, pay for it, and 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 gives users with options and the tools for hosting and selling electronic products to their customers online.
The company Was co-founded by Abs Farah and Kahin Farah and is now based in my capital city of London.
What are the benefits of utilizing Payhip?
Each online Platform differs, and I have used a couple of these previously.
Having A stage that is easy to use and one that does not take a massive amount of my precious time is of paramount significance.
Payhip will Save a great deal of time also because everything is taken care of on the Payhip platform.
The Benefits that I’ve gained the most from utilizing 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 transaction when you sell a digital item.
- Accessibility to analytics accounts.
- Access to advertising tools. You have the option to create Coupons and social discounts.
- Ability to signup, handle and reward your affiliates.
- Access to merchandise sharing programs . Plus you can embed Buy and your merchandise Now buttons directly on blog or your own website.
- The Capacity to set mailing lists so that your clients can Subscribe and remain up to date with your products, and much more.
- Instant digital merchandise shipping via email link for customers.
What I Like About Payhip
Let us get to the information. After my 2+ year Payhip experience, Here Is What I love about the ceremony…
Payments Are Instantaneous
Payhip let us your customers pay with PayPal Or from credit/debit card with Stripe, plus they don’t cover monthly/weekly/quarterly or make you wait for them to clear some kind of holding period. When a customer makes a purchase, the money is immediately available in your accounts, and in case you have the PayPal and Stripe apps installed on your mobile device, you’ll get notifications whenever a sale happens. Buy Download
I happen to appreciate this. The excitement of Seeing a sale that is new never gets old. In addition, it is good to wake up in the morning, reach to your telephone, and also see that you made X amount of dollars while you’re sleeping, and it’s all readily available for you to spend. The only caveat to this is Stripe. If your clients card using Stripe, there will be a 3 day hold before the money is available. This is Stripe though — Payhip does not hold your money at all.
No Monthly Charges
Among those things that Payhip originally sold me on is that there is no Monthly charges or setup charges — just a simple flat fee of 5% per sale.
This was appealing to me back in 2016 Since, at the moment, my readership was less than 1/10th of what it is now, and I wasn’t positive that 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 with a little audience, Payhip was the no-risk solution that best fit my scenario.
Easy To Know Analytics
Payhip’s back end offers an page That enables you to view trades and earnings quantities relative to this day, week, month, year, or any other specified selection. On top of that, it’s a very straightforward and to-the-point report.
If you have used Google Analytics or Facebook analytics, the amount of information you’re instantly smacked in the face can be somewhat overwhelming, and lots of it’s largely 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 Promotions to run by producing coupon codes.
The codes may be Enjoy and for any (or all) products. They could run for whatever length you want (or even permanently,) and the code itself may even be customized to whatever series of text you would like.
I have found this to be very helpful. Occasionally I’ll conduct a weekend promotion, post it on Facebook raise the post targeting a pixel re-marketing audience and I never fail to go ROI positive by it. People do respond to limited time offers. Buy Download
Your Own Affiliate Program
Payhip Provides you the capability to let your Readers register as an affiliate of your store, and if someone purchases a product using their customized affiliate link, you are able to grant.
This is useful because it allows Men and Women To market your merchandise and if they have a stage and an audience of their own they can tap into, the commissions paid will be well worthwhile.
Easy Integration with Email Marketing
You’ll be, if you’re into email advertising Able to readily integrate Payhip with your email advertising supplier that is preferred so that a purchase is made, the buyer’s email address can be added into a list that is chosen.
That is minor but I think it’s Pretty cool so I wish to give it a mention — if you desire, you can have Payhip postage the purchaser’s email address to the upper left corner of every page of a PDF document they’ve bought.
So if someone intends to buy your PDF Book make it accessible for free somewhere else, they will need to be okay with their email address being available. I think that is a creative means of deterring pirating.
Upload Many Sorts of Files
Payhip is a marketplace for ebooks — It’s possible to upload any sort of file. Font files, video/audio documents, photos, software, etc..
Total Simplicity and Modern Design
One thing that can not be overlooked whenever You’re selling something is your site appears. Individuals don’t trust myself included. If a website looks like it hasn’t been updated since the web 2.0 times, then I start to wonder if perhaps I’m in an abandoned construction and putting my payment info into it’d pretty much be like throwing my money into a black hole.
That’s not the case with Payhip though. The Website has a very modern and simple design. This is exactly what you would anticipate a checkout page from a trustworthy company to appear like, In the event that you should buy a merchandise on the internet. Buy Download
Another thing that I enjoy about Payhip is its Overall simplicity. From the a visitor lands on your product page, Payhip remains out of the way. They display your images, sales copy, and just the crucial information (like price.) They do nothing to interfere with your sale — no.
Finally, what I really like about Payhip is That customer payment information isn’t stored by them, meaning your clients’ payment details are secure. The payment is handled through PayPal or Stripe, and I prefer it this way because they are large companies with lots of cash.
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 improved…
No Mobile App
One thing that bugs me around Payhip is that They do not have a app. It would be convenient to be able to open an app and take a look while I am out and around. You can log in to the website and do this, but the site isn’t optimized for mobile devices.
I like Payhip, but this is a really Lousy appearance in 2018. There’s no reason you should not have a website optimized for cellular, and once you’ve got that, you ought to be able to easily turn the website itself into it’s own app so users do not need to manually sign in each time they would like to check sales data. Users of Payhip encounter a better platform when they’re on their mobile devices.
No Upsells or Add-Ons At Checkout
On the checkout page, I’d really like to see an Extra ability to suggest Other products. If they are purchasing a bundle of logo templates for $5, then I suggest, or might provide a package of business card templates to get a few added bucks. This is something which websites like VistaPrint and Amazon do well.
I can not help but feel like there’s a Great Deal of money being left on the Table — for myself and Payhip — with no functionality. This could enhance the Payhip experience for both the seller and the customer.
Set 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 timezone for the site set to BST. Since I am found in the EST, I’ll sometimes check my stats at 7PM or afterwards and see that I left 0 sales for the day since Payhip thinks it’s midnight and its own data reflects that.
Again, this is a non-issue, however I Would like to observe that the ability to adjust the website to your timezone. Buy Download
More Flexibility with Coupon Codes
I know I raved about the voucher It is not perfect, although code feature earlier.
As it currently stands, the promotion You can run via a voucher code. I’d love to have the ability to supply a dollar amount to set a predetermined sale price.
At the moment, if I want to place a $27 product Available for $10, I have to break out the calculator and do the math to figure out what percent off will render the cost at $10. I think this is unnecessary and may be improved.
When creating A brand new product in Payhip, you also have access to advanced alternatives which include —
- Make your product personal.
- Add an ISBN (Internation Standard Book Number) for your eBook.
- Publish a sample or preview pages.
- To the number of copies of your product or eBook can be, Insert a limitation amount sold.
- Create a unique license key for all your product/eBook sales.
Just how much does it cost?
Payhip will Cost you or even host your digital products. The website takes just 5 percent commission per transaction 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 blogger with a small audience And you can’t justify spending $10+ per month to get something such as Gumroad, then yes, I would recommend Payhip. However, in case you know that you’ll do at least $ 1,000 in sales every month and market a high-ticket product or have a huge audience, you may want to look into something most cost-efficient.
As of this date of the writing, Payhip works On a flat fee of 5% of each sale. Gumroad’s fee is currently 3.5% + $0.30 per transaction + $10 per month.
If you are going to be selling less than $1,000 per month in total volume, the math should (typically ) prefer Payhip. But if you’re selling well into the thousands, you need to decide on Gumroad or look into another alternative. That is all largely dependent on the number of transactions it takes to reach those sales numbers, however, so make certain to crunch the numbers on your own.
Personally, I absolutely love the Payhip Experience and am very thankful for their services. I want to see them continue to grow and succeed. Buy Download