Intro Cheapest Ebook Store
Of All of the ways of Creating content, my favorite method is To create and sell electronic products like learning layout templates and materials. I’ve found that it is extraordinarily profitable than running advertisements and self-made products convert at a greater rate than an affiliate product that somebody else created. The service I use to facilitate this is Payhip, and this post I will be discussing what I like and dislike about the ceremony based on my Payhip expertise for a vendor for two + years. Cheapest Ebook Store
My Payhip Expertise
If you wanted to sell products Through your own site, you are going to want a means to facilitate transactions — some sort of infrastructure which will enable a client to select your goods, cover it, and have it immediately delivered to them with complete hands-off automation. Payhip solves this problem.
Payhip is An that provides customers with options and the tools for selling products to their clients and hosting 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 benefits of using Payhip?
Each online Platform is different, and I have used a few of them previously.
For me personally, having A platform that is really easy to use and one that does not take a huge amount of my time is of utmost significance.
Payhip will Save a great deal of time 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 taken care of, and it can be a big plus in my book.
- Affordable. The website takes zero charges asides From 5% per transaction when you sell a digital item.
- Accessibility to analytics accounts.
- Access to marketing tools. You have the option to create Societal and Coupons discounts.
- Capability to signup, manage and reward your own affiliates.
- Access to merchandise sharing tools. Plus it is possible to embed Your product and purchase Now buttons right on your site or blog.
- The Capacity to set mailing lists so that your customers can Subscribe and stay current with your electronic goods, and more.
- Instant digital merchandise delivery via email link for buyers.
What I Like About Payhip
Let’s get to the details. Following my two + year Payhip experience, Here Is What I really like about the service…
Upgrades Are Instantaneous
Payhip let us your customers pay with PayPal Or from credit/debit card using Stripe, and they do not cover monthly/weekly/quarterly or make you wait around for them to clear some kind of holding period. When a client makes a purchase, the cash is immediately available on your accounts, and if you’ve got the PayPal and Stripe apps installed on your mobile device, you’ll receive notifications whenever a sale happens. Cheapest Ebook Store
I happen to appreciate this. The excitement of Seeing a sale that is new never gets old. It’s also good to awake in the morning, reach for your telephone, and see you made X amount of dollars while you’re sleeping, and it’s all readily available for you to spend. The caveat to this is Stripe. If your customers card using Stripe, there will be a three day hold before the cash is available. This is all Stripe however — Payhip does not hold your cash in any way.
No Monthly Fees
Among the things that Payhip originally sold me on is that there is no Monthly fees or installation charges — only a simple flat charge of 5 percent per purchase .
This was appealing to me back in 2016 Because, at the time, my readership was less than 1/10th of what it’s now, and I was not positive that I was going to always sell enough product to warrant paying a monthly fee to get a similar service like Gumroad. As a relatively new blogger having a small audience, Payhip was the quickest solution that best fit my scenario.
Simple To Know Analytics
Payhip’s back end Provides an page That lets you see trades and earnings quantities relative to this day, week, month, year, or any other given range. On top of that, it is a straightforward and to-the-point report.
If you’ve used Google Analytics or Facebook analytics, the number of information you’re instantly smacked in the face can be somewhat overwhelming, and a lot of it is mostly useless too. Payhip just provides you what you’re there to see — revenue data. Nothing more, nothing less.
Run Promotions with Coupon Codes
Another advantage users of Payhip experience is Promotions to run by creating coupon codes.
The codes may be Enjoy and for any (or all) products. They could run for whatever duration you want (or even permanently,) and the code itself can even be customized to whatever string of text you desire.
I’ve found this to be very useful. Sometimes I will conduct a weekend marketing, post it on Facebook, then boost the article targeting a pixel re-marketing audience and I never fail to go ROI positive by it. People do respond to limited time offers. Cheapest Ebook Store
Your Own Affiliate Program
Payhip Provides you the ability Readers sign up as an affiliate of your shop, and you can award them a commission of whatever percentage you would like someone purchases a product using their custom affiliate link.
This is useful because it allows other people To market your merchandise the commissions paid will be worthwhile and should they have an audience of their own and a platform they can tap to.
Easy Integration with Email Marketing
You will be if you are into email advertising Able to integrate Payhip with your email marketing provider so that if a sale is made, the purchaser’s email address can be added to a chosen listing.
That is relatively minor but I think it’s Pretty cool so I wish to give it a reference — if you desire, you can have Payhip postage the purchaser’s email address into the upper left corner of each page of a PDF document they have bought.
So if someone intends to Purchase Your PDF Publication subsequently make it publicly available for free somewhere else, they will need to be okay with their email address being publicly accessible. I believe that’s a very creative way of deterring pirating.
Upload Many Sorts of Files
Payhip is a marketplace for ebooks — It’s possible to upload any kind of digital file. Font documents, video/audio files, photos, software, etc..
Overall Simplicity and Modern Design
One thing that can’t be overlooked whenever You are selling something is the way present your site appears. People do not trust myself included. If a site looks like it hasn’t been upgraded because the web 2.0 days, I start to wonder if maybe I’m in an abandoned building and putting my payment information into it would pretty much be just like throwing my money into a black hole.
That is not true with Payhip though. The Website has a design that is very contemporary and easy. In the event that you were to buy a product this is what you would anticipate a checkout page by a trusted company to look like. Cheapest Ebook Store
Another thing I like 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 critical info (like price.) They do absolutely nothing to interfere with your sale — no self-promotion whatsoever.
Finally, what I really like about Payhip is That they do not store customer payment information, meaning that your customers’ payment details are secure. The payment is totally handled through PayPal or Stripe, and I prefer it that way because they are big, successful companies with a lot of money.
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 service and would like to see enhanced…
No Mobile App
One thing that bugs me around Payhip is that They don’t have a app. It would be convenient to have the ability to open an app and have a look through my earnings data while I am out and about. You can log into the website and do so, but the site is optimized for mobile devices.
I like Payhip, but that is a very Lousy look in 2018. There’s no reason you shouldn’t have a site optimized for cellular, and when you’ve got that, you ought to be able to easily turn the site itself into it’s own app so users do not need to manually sign in every time they want to check sales information. Users of Payhip experience a better platform when they are on their mobile devices.
No Upsells or Add-Ons At Checkout
On the checkout page, I’d like to see an capability that is Extra to suggest Other products similar to what the client is going to purchase. By way of instance, if they are purchasing a bundle of logo templates for $5, I could provide a package of business card templates to get a couple of added dollars, or propose some other product which may interest them that they didn’t know about. This is something which websites like Amazon and VistaPrint do.
I can not help but feel as though there’s a lot of money Table — for myself and Payhip — without this functionality. This may improve the Payhip experience for both the vendor and the client.
Establish On A Fixed Timezone
This one is frivolous, but I’d still Prefer to see it corrected.
Considering that Payhip is located at London, they’ve The working timezone for the whole website set to BST. Since I’m located in the EST, I will sometimes check my analytics at 7PM or afterwards and see that I left 0 earnings for the day since Payhip thinks it is midnight and its own information reflects that.
Again, this is mostly a non-issue, but I Would love to observe that the capability to correct the site to your timezone. Cheapest Ebook Store
More Flexibility with Coupon Codes
I know I raved about the coupon It is not perfect, although Code attribute earlier.
As it currently stands, the promotion You can run via a coupon code is for a percent off. Ideally, I’d like to have the ability to supply a dollar amount from the cost, or the ability to set a specified sale price.
At the moment, if I Need to put a $27 merchandise On sale for $10, do the math to determine what percentage off will leave the final price and I have to break out the calculator. I think this is unnecessary and could be improved.
When creating A brand new product in Payhip, you also have access to advanced options which include —
- Make your product personal.
- Add an ISBN (Internation Standard Book Number) for your eBook.
- Upload sample pages or a preview.
- To the number of copies of your product or market could be add a limitation number sold.
- Generate a license key .
How much does it cost?
Payhip will Cost you nothing or host your products. The website takes just 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? Overall, yes. I am a client, but whether you ought to use it depends on your situation.
If you are a new blogger with a small audience And you can not justify spending $10+ per month for something like Gumroad, then yes, I would recommend Payhip. In case you know that you’ll be doing at least $ 1,000 in sales each month and sell a merchandise or have a massive audience, you might want to check into something.
As of this date of this 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 are going to be selling less than $1,000 a month in total volume, the mathematics should (in most cases) favor Payhip. But if you are selling into the thousands, you want to decide on Gumroad or start looking into another choice. That is dependent on the number of transactions it requires to reach those sales numbers so make certain to crunch the numbers.
Personally, I love the Payhip Experience and am really grateful for their services. I want to see them continue to grow and succeed. Cheapest Ebook Store