Intro Buy Sell Online
Of All of the ways of monetizing blog content, my Strategy is To make and sell products such as learning layout templates and materials. I have discovered that it is extraordinarily profitable than running advertisements from networks such as AdSense, and products convert at a much greater speed compared to an affiliate product that someone else created. The service I use to ease this is Payhip, and this post I will be discussing what I both like and dislike about the ceremony based in my Payhip experience as a vendor for 2+ years. Buy Sell Online
My Payhip Experience
If you wanted to market digital products Through your own website, you are going to need a way to facilitate transactions — some sort of infrastructure which will enable a client to select your goods, 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 provides users with options and the tools for promoting digital products directly to their customers and hosting online.
The Provider Was co-founded by Abs Farah and Kahin Farah and is now based in my capital city of London.
Which are the advantages of using Payhip?
Each online Platform differs, and I have used a few of them in the past.
Having A stage that is so simple to use and one that doesn’t require a massive amount of my time that is precious is of utmost 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 using Payhip include –
- EU VAT is taken care of, and it is a big plus in my book.
- Affordable. The website takes zero charges asides From 5% per trade when you sell a item that is digital.
- Access to analytics reports.
- Access to marketing tools. You have the option to make Coupons and societal discounts.
- Capability to signup, manage and reward your affiliates.
- Access to merchandise sharing tools. Plus it is possible to embed Purchase and your merchandise Now buttons on your site or blog.
- The ability to set mailing lists so that your customers can Subscribe and remain up to date with your products, and much more.
- Immediate digital product delivery via email link to customers.
What I Like About Payhip
Let us get to the details. Following my 2 year Payhip experience, here’s what I love about the ceremony…
Upgrades Are Instantaneous
Payhip let us your customers pay with PayPal Or from credit/debit card with Stripe, and they do not cover monthly/weekly/quarterly or make you wait for them to clean some kind of holding period. When a customer makes a purchase, the money is immediately available on your account, and in case you’ve got the PayPal and Stripe programs installed on your mobile device, you’ll receive notifications each time a sale occurs. Buy Sell Online
I happen to appreciate this. The excitement of Seeing a sale that is brand new never gets old. It’s also good to awake in the morning, reach for your telephone, and see that you made X number of dollars while you were sleeping, and it’s all readily available for you to spend. The caveat to this is Stripe. If your clients pays by card using Stripe, there will be a three day hold before the money is available. This is all Stripe however — Payhip doesn’t hold your cash in any way.
No Monthly Fees
One of the things that Payhip initially sold me on is that there is no Monthly charges or installation charges — only a simple flat charge of 5% per purchase .
This was appealing to me back Since, at the time, my readership was less than 1/10th of what it’s now, and that I was not positive that I was likely to consistently sell enough product to warrant paying a monthly fee to get a similar service like Gumroad. As a relatively new blogger having a little crowd, Payhip was the no-risk solution that best match my scenario.
Easy To Understand Analytics
Payhip’s back end Provides an analytics page That lets you view transactions and earnings amounts relative to this day, month, week, year, or some other given selection. Best of all, it’s a report that is simple and to-the-point.
If you have ever used Google Analytics or Facebook analytics, the number of information you are immediately smacked in the face can be a bit overwhelming, and lots of it is mostly useless also. Payhip just gives you exactly what you’re there to view — revenue data. Nothing more, nothing less.
Run Promotions with Coupon Codes
Another advantage users of Payhip encounter is The ability to conduct promotions.
The codes may be for any percentage you would Like and for any (or all) products. They can run for any length you want (or even indefinitely,) and the code itself may even be customized to whatever series of text you would like.
I’ve found this to be helpful. Occasionally I’ll run a weekend promotion, post it on Facebook raise the post targeting a pixel re-marketing audience and I never fail to go ROI positive with it. People do respond well to limited time offers. Buy Sell Online
Your Own Affiliate Program
Payhip gives you the ability to let your Readers register as an affiliate of your shop, and you can grant, someone purchases a product with their custom affiliate link.
This is useful since it allows Men and Women To market your products 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 into.
Easy Integration with Email Marketing
You will be if you’re into email marketing Able to integrate Payhip along with your preferred email advertising provider so that a purchase is made, the email address of the purchaser could be added into a list.
This is relatively small but I think it’s Pretty cool so I wish to give it a mention — if you so desire, you can have Payhip stamp the purchaser’s email address to the upper left corner of every page of a PDF document they have bought.
So if someone intends to Purchase Your PDF Publication make it publicly available for free somewhere else, they’ll have to be okay with their private email address being accessible. I believe that’s a way of deterring pirating.
Upload Most Sorts of Files
Payhip is a market for ebooks — You can upload any sort of digital file. Font documents, video/audio files, photos, software, etc..
Total Simplicity and Modern Design
1 thing that can’t be overlooked whenever You’re selling something is your site looks. People don’t trust websites which look obsolete, myself included. If a website looks like it has not been upgraded because the web 2.0 times, then I start to wonder if maybe I am in an abandoned building and placing my payment info to it’d pretty much be just like throwing my money into a black hole.
That is not true with Payhip though. The Site has a layout that is very modern and simple. This is exactly what you would anticipate a checkout page from a trusted business to appear like if you were to purchase a digital product on the world wide web. Buy Sell Online
Another thing I like about Payhip is its own In general simplicity. From the a visitor lands on your product page, Payhip stays out of the way. They display your graphics, sales copy, and only the critical info (such as price.) They do nothing to interfere with your sale — no self-promotion whatsoever.
Finally, what I actually enjoy about Payhip is That they do not store customer payment info, 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 companies with lots of money to invest on top-shelf security.
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 enhanced…
No Mobile App
One thing that bugs me about Payhip is that They do not possess a program. It’d be convenient to be able to start an app and have a look during my data while I am out and around. The website is optimized for mobile devices, although you do this and may log in to the website.
I like Payhip, but this is a really Lousy look in 2018. There is no reason you shouldn’t have a website optimized for mobile, and when you have that, you ought to be able to easily turn the site itself right into it’s own program so users don’t need to manually sign in each time they want to check sales information. Users of Payhip experience a platform when they’re on their mobile devices.
No Upsells or Add-Ons At Checkout
On the checkout page, I would like to see an added capability to indicate Other products. By way of instance, if they’re buying a bundle of templates for $5, I could offer a package of business card templates or suggest some other product which could interest them that they didn’t know about. This is something that websites like VistaPrint and Amazon do.
I can not help but feel like there is a lot of money Table — for myself and Payhip — with no functionality. This could enhance the Payhip encounter for both the vendor and the client.
Set On A Fixed Timezone
This one is largely frivolous, but I Like to see it corrected.
Considering that Payhip is located at London, they have The timezone for the entire website place to BST. Since I’m 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 is midnight and its own information reflects that.
This is a non-issue, however I Would love to observe the capability to correct the site. Buy Sell Online
More Flexibility with Coupon Codes
I know I raved about the coupon It’s not quite perfect, although Code attribute earlier.
As it currently stands, the advertising You can run through a coupon code is to get a percentage off. Ideally, I’d like to be able to supply a dollar amount from the original price, or the capability to set a sale price that is specified.
At the moment, if I want to put a product that is $27 On sale for $10, I have to break out the calculator and do the math to determine what percent off will leave the last cost. I believe that is unnecessary and could be made better.
When creating A brand new product in Payhip, you also have access to advanced alternatives including —
- Make your product private.
- Insert an ISBN (Internation Standard Book Number) for your eBook.
- Upload a few sample or preview pages.
- To how many copies of your product or eBook could be, Insert a limitation number sold.
- Create a license key that is exceptional for each of your product/eBook sales.
Just how much does this cost?
Payhip will Cost you or host your products. The website takes only 5 percent commission per transaction fee.
Can I Recommend Payhip?
This leaves us with the burning question: after two years as a seller on Payhip, would you recommend it? Total, yes. I am a client, but whether you ought to use it depends upon your own situation.
If you’re a blogger with a small audience And you can’t justify spending $10+ a month to get something like Gumroad, then yes, I would absolutely recommend Payhip. However, in case you know you’ll be doing at least $ 1,000 in sales every month and market a merchandise or have a massive audience, you may want to look into something most cost-efficient.
As of this 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 per month.
If you are going to be selling $1,000 a month in total quantity, the math should (typically ) favor Payhip. But if you’re selling into the thousands, you want to decide on Gumroad or look into some alternative. That is mostly dependent on how many transactions it takes to reach those sales numbers though, so be sure that you crunch the numbers.
Personally, I absolutely love the Payhip Experience and am grateful for their solutions. I would like to see them continue to grow and succeed. Buy Sell Online