Background Can You Sell Digital Downloads On Etsy
Of all the ways of monetizing content, my method is Such as learning layout templates and materials, to create and sell products. I’ve found that it’s extraordinarily rewarding than running advertisements and products convert at a higher rate than an affiliate product that somebody else created. The support I use to facilitate this can be Payhip, and this article I will be discussing what I both like and dislike about the ceremony based on my Payhip experience for a vendor for 2+ years. Can You Sell Digital Downloads On Etsy
My Payhip Experience
If you have ever wanted to sell products Through your own website, you are going to need a way to facilitate trades — some kind of infrastructure that will allow a client to select your goods, pay for it, and have it immediately delivered to them with complete hands-off automation. Payhip solves this issue.
What is Payhip?
Payhip is An that provides customers with solutions and the tools for hosting and selling products to their clients online.
The company Was co-founded by Abs Farah and Kahin Farah and is now based in my capital city of London.
Which are the advantages of utilizing Payhip?
Each online Platform is different, and I have used a couple of these in the past.
Having A platform that is really simple to use and one that does not take a massive amount of my time that is precious is of paramount significance.
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 using Payhip comprise –
- EU VAT is cared for, which can be a big plus in my book.
- Affordable. The site takes zero charges asides From 5% per trade when you sell a product.
- Accessibility to analytics reports.
- Access to advertising tools. You have the option to make Social and coupons discounts.
- Capability 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 blog or your website.
- The ability to set mailing lists so that your clients can Subscribe and stay current with your digital goods, and much more.
- Instant digital product delivery via email link to buyers.
What I Like About Payhip
Let’s get to the details. After my 2+ year Payhip experience, here’s what I really like about the ceremony…
Upgrades Are Instantaneous
Payhip let’s your customers pay with PayPal Or from credit/debit card using Stripe, plus they don’t pay out monthly/weekly/quarterly or force you to wait around for them to clear some sort of holding period. When a customer makes a purchase, the money is instantly available in your accounts, and if you’ve got the PayPal and also Stripe apps installed on your mobile device, you’ll get notifications each time a sale happens. Can You Sell Digital Downloads On Etsy
I happen to appreciate this. The excitement of Seeing a brand new sale never gets older. In addition, it is great to wake up in the morning, reach for your telephone, and 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 can be Stripe. If your clients pays by card using Stripe, there’ll be a 3 day hold until the cash is available. This is all Stripe though — Payhip doesn’t hold your money in any way.
No Monthly Fees
One of the things that Payhip initially sold me is that there’s no Monthly fees or setup charges — only a simple flat charge of 5 percent per purchase .
This was attractive to me in 2016 Because, at the time, my readership was 1/10th of what it is now, and that I was not positive that I was likely to always sell enough product to justify paying a monthly fee for a similar service like Gumroad. As a relatively new blogger having a little audience, Payhip was the no-risk solution that best match my situation.
Simple To Know Analytics
Payhip’s back end offers an analytics page That lets you view trades and earnings quantities relative to this day, week, month, year, or any other specified range. Best of all, it’s a report.
If you’ve ever used Google Analytics or Facebook analytics, the number of data you are immediately smacked in the face can be somewhat overwhelming, and a lot of it’s largely useless too. Payhip just provides you what you are there to view — sales data. Nothing more, nothing less.
Run Promotions with Coupon Codes
Another benefit users of Payhip experience is By creating coupon codes, promotions to conduct.
The codes may be Like and for any (or all) products. They can run for whatever length you’d like (or even indefinitely,) along with the code itself can even be customized to whatever string of text you desire.
I’ve found this to be useful. Sometimes I will conduct a weekend promotion, post it on Facebook raise the post targeting a pixel audience that is re-marketing and I never fail to go ROI positive by it. People do respond to limited time offers. Can You Sell Digital Downloads On Etsy
Your Own Affiliate Program
Payhip gives you the ability to let your Readers sign up as an affiliate of your shop, and whenever someone purchases a product with their customized affiliate link, you can grant.
This is useful because it allows other people To market your products the commissions paid will be worthwhile and if they have an audience of their own and a stage they can tap into.
Easy Integration with Email Marketing
You will be, if you are into email marketing Able to incorporate Payhip with your email advertising provider that is preferred so that if a sale is made, the purchaser’s email address can be added to a listing that is chosen.
This is minor but I think it’s Pretty cool so I want to give it a mention — if you desire, you can have Payhip postage the buyer’s email address to the top left corner of every page of a PDF document they’ve purchased.
So if someone intends to Purchase Your PDF Publication make it available for free somewhere else, they will need to be okay with their email address being available as well. I think that is a means of deterring pirating.
Upload Most Sorts of Files
Payhip is not just a marketplace for ebooks — It’s possible to upload any sort of digital file. Font files, video/audio files, photographs, software, etc..
Total Simplicity and Modern Design
One thing that can’t be overlooked whenever You are selling something is how current your site appears. Individuals do not trust myself included. If a site looks like it has not been updated since the web 2.0 times, then I begin to wonder if perhaps I am in an abandoned building and placing my payment information into it would pretty much be just like throwing my money into a black hole.
That is not the case with Payhip though. The Website has a design that is very contemporary and simple. This is exactly what you would anticipate a checkout page by a trusted business, if you should buy a product on the world wide web. Can You Sell Digital Downloads On Etsy
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 only the critical information (such as price.) They do nothing to interfere with your purchase — no self-promotion whatsoever.
Eventually, what I actually enjoy about Payhip is That they do not store customer payment information, meaning your customers’ payment details are secure. The payment is handled through PayPal or Stripe, and I prefer it this way because they are large, successful companies with lots of cash 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 do not possess a program. It would be convenient to be able to open an app while I’m out and about and take a look. You can log into the site and do so, but the website isn’t even optimized for mobile devices.
I enjoy Payhip, but this is a very Bad appearance in 2018. There is no reason you shouldn’t have a site optimized for cellular, and when you have that, you ought to be able to easily turn the website itself right into it’s own program so users do not have to manually sign in each time they want to check sales data. Users of Payhip encounter a better platform when they are on their devices.
No Upsells or Add-Ons In Checkout
On the checkout page, I would really like to see an capability to suggest Other products similar to what the customer is about to buy. If they are buying a bundle of logo templates for $5, I could offer a package of business card templates or propose. This is something which sites like Amazon and VistaPrint do well.
I can not help but feel like there’s a lot of money Table — for myself and Payhip — with no functionality. This could enhance the Payhip encounter for both the customer and the vendor.
Set On A Fixed Timezone
This one is largely frivolous, but I’d still Like to see it corrected.
Considering that Payhip is located at London, they have BST was place to by The functioning timezone for the whole website. Since I’m found in the EST, I’ll sometimes check my stats at 7PM or later and see that I made 0 sales for the day because Payhip believes it’s midnight and its information reveals that.
Again, this is a non-issue, however I Would love to see the ability to correct the site to your own timezone. Can You 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.
As it stands, the promotion You’re able to run through a voucher code is to get a percent off. Ideally, I’d like to have the ability to supply a dollar amount off the cost, or the ability to set a sale price.
Right Now, if I Need to place a $27 product On sale for $10, I have to break out the calculator and manually do the math to figure out what percent off will render the price at $10. I believe this is unnecessary and could be made better.
When creating A new product in Payhip, you have access to innovative options including —
- Make your merchandise private.
- Add an ISBN (Internation Standard Book Number) for your eBook.
- Publish sample pages or a few preview.
- To the number of copies of your product or eBook could be, Insert a limitation amount sold.
- Generate a license key that is unique for each of your product/eBook revenue.
Just how much does it cost?
Payhip will Cost you nothing to set up or even host your electronic products. The website takes only 5 percent commission per trade 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 very much a happy customer, but whether you should use it depends on your situation.
If you are a new blogger with a small audience And you can’t justify spending $10+ a month for something like Gumroad, then yes, I would recommend Payhip. But if you have a massive audience or market a product and know that you’ll do at least $1,000 in sales each month, you might want to check into something.
As of the date of this writing, Payhip works On a flat fee of 5 percent of each sale. Gumroad’s fee is currently 3.5% + $0.30 per transaction + $10 a month.
If you are going to be selling $1,000 per month in total volume, the mathematics should (typically ) prefer Payhip. But if you’re selling into the thousands, you want to decide on Gumroad or look into some choice. This is mostly dependent on how many transactions it takes to reach those sales numbers so be certain to crunch the numbers.
Personally, I absolutely love the Payhip Experience and am very grateful for their solutions. I would like to see them continue to grow and succeed. Can You Sell Digital Downloads On Etsy