Intro Buy Sell
Of All of the ways of Creating content that is blog, my Strategy is To create and sell products. I have discovered that it is extraordinarily rewarding than running advertisements from networks like AdSense, and self explanatory products convert at a much higher speed than an affiliate product that someone else created. The service I use to facilitate this is Payhip, and this post I will be discussing what I both like and dislike about the service based in my Payhip expertise for a vendor for two + years. Buy Sell
My Payhip Expertise
If you have ever wanted to sell products Through your own site, you’ll want a means to facilitate transactions — some sort of infrastructure which will enable a client to select your product, pay for it, and also have it immediately delivered to them with complete hands-off automation. Payhip solves this issue.
What is Payhip?
Payhip is An that gives customers with the easiest tools and options for hosting and selling digital products directly 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.
Which are the benefits of utilizing Payhip?
Each online Platform is different, and I’ve used a couple of these in the past.
For me personally, having A stage that is simple to use and one that does not require a huge amount of my valuable time is of utmost importance.
Payhip will Save a great deal of time too 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, which is a big plus in my book.
- Affordable. The site takes zero fees asides From 5% per transaction when you sell a item that is digital.
- Access to analytics accounts.
- Access to advertising tools. You have the option to create Coupons and societal discounts.
- Capability to signup, handle and reward your own affiliates.
- Access to product sharing tools. Plus you can embed Your merchandise and purchase Now buttons on blog or your own site.
- The Capacity to set mailing lists so that your clients can Subscribe and stay up to date with your electronic products, and more.
- Immediate digital merchandise shipping via email link for customers.
What I Enjoy About Payhip
Let’s get to the details. Following 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 by credit/debit card using Stripe, and they do not pay out monthly/weekly/quarterly or force you to wait for them to clean some kind of holding period. When a customer makes a purchase, the cash is immediately available in your account, and in case you’ve got the PayPal and Stripe apps installed on your mobile device, you are going to receive notifications each time a sale occurs. Buy Sell
I happen to appreciate this. The excitement of Seeing a brand new sale never gets old. It’s also good to wake up in the morning, reach to your phone, and also see that you made X amount of dollars while you were sleeping, and it’s all easily available for you to spend. The only caveat to this is Stripe. If your clients card with Stripe, there will be a three day hold until the money is available. This is Stripe though — Payhip doesn’t hold your money at all.
No Monthly Charges
One of the things that Payhip initially sold me is that there is no Monthly fees or setup charges — just a simple flat charge of 5 percent per sale.
This was appealing to me Because, at the time, my readership was less than 1/10th of what it is now, and I was not positive that I was likely to always sell enough product to warrant paying a monthly fee to get a similar service like Gumroad. As a relatively new blogger with a little crowd, Payhip was the quickest solution that best fit my situation.
Easy To Know Analytics
Payhip’s back end Provides an analytics page That enables you to view trades and earnings amounts relative to this day, month, week, year, or any other specified selection. Best of all, it is a straightforward and to-the-point report.
If you used Google Analytics or Facebook analytics, the number of data you’re instantly smacked in the face can be somewhat overwhelming, and a lot of it’s largely useless also. Payhip just gives you what you’re there to see — revenue data. Nothing more, nothing less.
Run Promotions with Coupon Codes
Another advantage users of Payhip encounter is By creating coupon codes, promotions to run.
The codes can be Like and for any (or all) products. They can run for any duration you’d like (or even permanently,) along with the code itself can even be customized to whatever string of text you would like.
I have found this to be somewhat helpful. Sometimes I’ll conduct a weekend promotion, post it on Facebook, then boost the post targeting a pixel audience that is re-marketing and I don’t fail to go ROI positive by it. People truly do respond well to limited time offers. Buy Sell
Your Own Affiliate Program
Payhip Provides you the capability to let your Readers sign up as an affiliate of your store, and you are able to grant them a commission of whatever percent you’d like, someone buys a product with their custom affiliate link.
This is useful since it allows other people To market your products for you, and if they have a platform and an audience of their own that they can tap to, the commissions paid will be worth it.
Easy Integration with Email Marketing
You will be if you are into email marketing Able to easily incorporate Payhip with your email advertising provider that is preferred so that a sale is made, the purchaser’s email address could be added into a listing.
This is relatively small but I think it’s Pretty cool so I want to give it a reference — 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 purchased.
So if someone plans to buy your PDF Publication then make it publicly available for free somewhere else, they’ll have to be fine with their private email address being publicly accessible. I believe that’s a very creative means of deterring pirating.
Upload Most Kinds of Files
Payhip is a market for ebooks — You can upload virtually any kind of digital file. Font documents, video/audio documents, photographs, software, etc..
Total Simplicity and Modern Design
One thing that can not be overlooked whenever You are selling something is the way current your site looks. People generally don’t trust myself included. If a website looks like it has not been updated because the net 2.0 days, I start to wonder if maybe I’m in an abandoned building and putting my payment info to it’d pretty much be like throwing my money into a black hole.
That is not true with Payhip though. The Site has a very modern and easy layout. This is exactly what you’d anticipate a checkout page by a trustworthy company, In the event that you should buy a product on the internet. Buy Sell
Another thing I enjoy about Payhip is its own Overall simplicity. In the moment a visitor lands on your product page, Payhip stays out of the way. They display your images, sales copy, and just the critical information (like price.) They do nothing to interfere with your sale — no self-promotion whatsoever.
Eventually, what I enjoy about Payhip is That customer payment information isn’t stored by them, meaning your clients’ payment details are safe. The payment is completely handled through PayPal or Stripe, and I prefer it this way as they are successful companies with lots of money.
What I Dislike About Payhip
As much as I enjoy Payhip, it is far from perfect. Here are some items that I dislike about the service and would like to see enhanced…
No Mobile App
1 thing that bugs me about Payhip is that They do not possess a program. It would be convenient to be able to open an app while I am out and about, and take a look. The site is optimized for mobile devices, although you do this and can log in to the site.
I like Payhip, but this is a really Lousy appearance in 2018. There’s no reason you should not have a site 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 do not need to manually register in each time they want to inspect sales information. Let users of Payhip experience a platform when they’re on their devices.
No Upsells or Add-Ons In Checkout
On the checkout page, I would really like to see an Extra capability to suggest Other products. For instance, if they are purchasing a bundle of logo templates for $5, I could provide a bundle 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 websites like VistaPrint and Amazon do.
I can’t help but feel as though there’s a lot of money Table — for both myself and Payhip — without this functionality. This could enhance the Payhip encounter for both the customer and the seller.
Set On A Fixed Timezone
This one is mostly frivolous, but I Like to see it fixed.
Since Payhip is located in London, they’ve The timezone for the site set to BST. Since I am located in the EST, I will occasionally check my stats at 7PM or later and see that I made 0 earnings for the day since Payhip thinks it is midnight and its own data reveals that.
Again, this is largely a non-issue, but I Would love to see the ability to correct the website. Buy Sell
More Flexibility with Coupon Codes
I know I raved about the coupon It’s not perfect, although code feature earlier.
As it stands, the only advertising You’re able to run via a coupon code. Ideally, I’d like to be able to offer a dollar amount to set a sale price that is specified.
At the moment, if I Need to place a product Available for $10, I must break out the calculator and manually do the math to figure out what percentage off would render the last price. I think that is unnecessary and may be made better.
When creating A brand new product in Payhip, you also have access to advanced options which include —
- Make your product personal.
- Insert an ISBN (Internation Standard Book Number) to your eBook.
- Upload a couple of preview or sample pages.
- To how many copies of eBook or your product could be Insert a limitation number sold.
- Create a license key that is unique .
Just how much does it cost?
Payhip will Cost you to establish or host your electronic products. The website takes only 5% commission per transaction fee.
Would 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 should use it depends on your own 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. If you market a merchandise that is high-ticket or have a huge audience and know that you’ll do at least $ 1,000 in sales every month, you might want to check into something.
As of the date of the writing, Payhip works On a flat fee of 5 percent of every sale. Gumroad’s fee is currently 3.5% + $0.30 per transaction + $10 per month.
If you’re going to be selling $1,000 a month in total volume, the mathematics should (typically ) prefer Payhip. But if you’re selling well into the thousands, you are probably going to want to go with Gumroad or look into some alternative. That is all largely dependent on the number of transactions it takes to achieve those sales numbers though, so be certain that you crunch the numbers for yourself.
Personally, I love the Payhip Experience and am really grateful for their solutions. I would like to see them continue to grow and succeed. Buy Sell