Intro Can I Sell Digital Downloads On Etsy
Of all the ways of Creating blog Articles, my Strategy is To create and sell products such as studying design templates and materials. I have found that it’s extraordinarily more profitable than running ads and self explanatory products convert at a significantly higher rate than an affiliate product that someone else created. The service I use to facilitate this can be Payhip, and this post I will be sharing what I both like and dislike about the ceremony based in my Payhip expertise for a seller for two + years. Can I Sell Digital Downloads On Etsy
My Payhip Expertise
If you wanted to sell digital products Through your own site, you are going to need a means to facilitate transactions — some kind of infrastructure that will allow a client to select your product, cover it, and have it immediately delivered to them with complete hands-off automation. Payhip solves this problem.
Payhip is An that gives customers with the tools and solutions for hosting and promoting digital products to their clients online.
The Provider Was co-founded by Abs Farah and Kahin Farah and is currently based in my capital city of London.
What are the advantages of using Payhip?
Each online Platform is different, and I have used a few of them previously.
For me personally, having A stage that is so simple to use and one that does not take a huge amount of my time that is precious is of paramount significance.
Payhip will Save you a great deal of time too because everything is taken care of on the Payhip platform.
The Advantages that I’ve gained the most from utilizing Payhip comprise –
- EU VAT is taken care of, which is a huge plus in my book.
- Affordable. The site takes zero fees asides From 5 percent per trade when you sell a item that is digital.
- Access to analytics accounts.
- Access to marketing tools. You have the option to create Societal and coupons discounts.
- Ability to signup, handle and reward your affiliates.
- Access to merchandise sharing tools. Plus it is possible to embed Your product and Buy Now buttons on your own site or blog.
- The ability to setup mailing lists so that your clients can Subscribe and remain current with your digital goods, and much more.
- Instant digital product shipping via email link to buyers.
What I Enjoy About Payhip
Let’s get to the information. Following my 2 year Payhip expertise, Here Is What I love about the ceremony…
Upgrades Are Instantaneous
Payhip let’s your customers pay with PayPal Or by credit/debit card using Stripe, plus they don’t pay out monthly/weekly/quarterly or force you to wait for them to clean some kind of holding period. When a client makes a purchase, the money is immediately available on your account, and if you have the PayPal and Stripe programs installed on your mobile device, you’ll get notifications whenever a sale happens. Can I Sell Digital Downloads On Etsy
I happen to love this. The excitement of Seeing a sale never gets older. It’s also great to awake in the morning, reach to your telephone, and see that you made X number 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 using Stripe, there’ll be a 3 day hold until the money is available. That is all Stripe though — Payhip doesn’t hold your cash in any way.
No Monthly Fees
One of the things that Payhip originally sold me is that there’s no Monthly charges or setup charges — only a simple flat fee of 5% per purchase .
This was appealing to me back in 2016 Since, at the time, my readership was 1/10th of what it is now, and that I was not positive I was likely to consistently sell enough product to warrant paying a monthly fee for a similar service such as Gumroad. As a relatively new blogger with a little audience, Payhip was the quickest solution that best fit my situation.
Simple To Know Analytics
Payhip’s back end Provides an page That lets you see transactions and earnings amounts relative to this day, week, month, year, or some other specified range. Best of all, it’s a to-the-point and very simple report.
If you used Google Analytics or Facebook analytics, the number of information you are instantly smacked in the face can be somewhat overwhelming, and lots of it is largely useless also. Payhip just gives you what you are there to view — revenue data. Nothing more, nothing less.
Run Promotions with Coupon Codes
Another benefit users of Payhip experience is By creating coupon codes, promotions to run.
The codes may be for any percentage you’d Enjoy and for any (or all) products. They could run for whatever duration you’d like (or even indefinitely,) and the code itself may even be customized to whatever series of text you desire.
I have found this to be very helpful. Sometimes I will run a weekend marketing, post it on Facebook boost the article targeting a pixel re-marketing audience and I don’t fail to go ROI positive with it. People do respond to limited time offers. Can I Sell Digital Downloads On Etsy
Your Own Affiliate Program
Payhip gives you the capability to let your Readers sign up as an affiliate of your store, and you can award, if someone buys a product with their custom affiliate link.
This is useful since it allows other people To market your products for you, and should they have a platform 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 are into advertising Able to easily integrate Payhip along with your email advertising provider that is preferred so that a sale is made, the email address of the purchaser could be added to a chosen listing.
This is minor but I think it’s Pretty cool so I want to give it a reference — if you so desire, you can have Payhip postage the buyer’s email address to the upper left corner of every page of a PDF document they’ve purchased.
So if someone intends to Purchase Your PDF Publication make it accessible for free somewhere else, they’ll have to be fine with their email address being publicly available as well. I think that’s a creative means of deterring pirating.
Upload Most Kinds of Files
Payhip isn’t Only a market for ebooks — It’s possible to upload just about any kind of file. Font files, video/audio files, photographs, software, etc..
Total Simplicity and Modern Design
One thing that can’t be overlooked whenever You’re selling something is your site looks. People don’t trust myself included. If a site looks like it has not been updated because the web 2.0 days, I start to wonder if maybe I’m in an abandoned building and placing my payment information into it would pretty much be like throwing my money into a black hole.
That’s not true with Payhip though. The Site has a very modern and simple design. In the event that you should buy a digital merchandise on the internet, this is what you’d expect a checkout page by a company to look like. Can I Sell Digital Downloads On Etsy
Another thing I like about Payhip is its own In general simplicity. In the second a visitor lands on your product page, Payhip remains out of the way. They display your graphics, sales copy, and only the crucial info (like price.) They do nothing to interfere with your purchase — no self-promotion whatsoever.
Finally, what I actually enjoy about Payhip is That they do not store customer payment information, meaning your clients’ payment details are safe. The payment is completely handled through Stripe or PayPal, and I prefer it this way as they are big, successful companies with a lot of cash to spend on security.
What I Dislike About Payhip
As much as I enjoy Payhip, it’s far from perfect. Here are some items 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 don’t have a mobile app. It would be convenient to have the ability to start an app while I’m out and around, and take a look during my sales data. The site is optimized for mobile devices, although you may log into the site and do so.
I like Payhip, but this is a very Lousy appearance in 2018. There’s no reason you shouldn’t have a website optimized for mobile, and once you’ve got that, you should be able to easily turn the website itself into it’s own program so users don’t have to manually register in each time they would like to check sales information. Users of Payhip encounter a much better 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 ability to indicate Other products similar to what the client is going to purchase. For example, if they’re purchasing a package of templates for $5, then I propose some other product that may interest them that they didn’t know about, or might offer a bundle of business card templates to get a couple of extra dollars. This is something that sites like Amazon and VistaPrint do quite well.
I can not help but feel like there is a lot of money Table — for myself and Payhip — without this functionality. This could enhance the Payhip encounter for both the seller and the client.
Establish On A Fixed Timezone
This one is mostly frivolous, but I Like to see it fixed.
Considering that Payhip is located at London, they have The functioning timezone for the whole website place to BST. Since I’m located in the EST, I will occasionally check my stats at 7PM or later and see that I made 0 earnings for the day because Payhip thinks it’s midnight and its data reveals that.
This is a non-issue, however I Would love to see that the ability to correct the website. Can I Sell Digital Downloads On Etsy
More Flexibility with Coupon Codes
I know I raved about the coupon Code feature earlier, but it’s not perfect just yet.
As it currently stands, the advertising You’re able to run via a voucher code. I’d like to be able to offer a dollar amount to set a sale price.
Right Now, if I want to put a product that is $27 On sale for $10, manually do the math to figure out what percentage off would leave the cost and I must break out the calculator. I think this is unnecessary and could be improved.
When creating A new product in Payhip, you have access to advanced options which include —
- Make your merchandise private.
- Add an ISBN (Internation Standard Book Number) for your eBook.
- Publish sample pages or a few preview.
- To how many copies of your product or market can be, add a limit number sold.
- Create a license key that is unique .
Just how much does this cost?
Payhip will Cost you nothing to set up or host your products. The site takes only 5% commission per trade fee.
Would I Recommend Payhip?
This leaves us with the burning question: after 2years as a vendor on Payhip, do you recommend it? Total, yes. I am a customer, but whether you ought to use it depends upon your own situation.
If you are a new blogger with a small audience And you can’t justify spending $10+ a month to get something such as Gumroad, then yes, I would recommend Payhip. However, if you have a huge audience or sell a product and know that you’ll do at least $1,000 in sales each month, you might want to check into something most cost-efficient.
As of this date of the writing, Payhip functions On a set fee of 5 percent of every sale. Gumroad’s fee is now 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 into the thousands, you’ll probably want to decide on Gumroad or look into another alternative. This is largely dependent on the number of transactions it takes to achieve those sales numbers, however, so be sure to crunch the numbers.
Personally, I love the Payhip Expertise and am really grateful for their services. I would like to see them continue to grow and succeed. Can I Sell Digital Downloads On Etsy