Introduction Crown & Caliber
Of all the ways of monetizing blog Articles, my method is Like studying materials and layout templates to make and sell products. I have found that it is extraordinarily rewarding than running ads and products convert at a higher rate than an affiliate product that someone else created. The support I use to ease this is Payhip, and in this article I will be discussing what I both like and dislike about the ceremony based in my Payhip expertise for a vendor for two + years. Crown & Caliber
My Payhip Experience
If you’ve ever wanted to sell products Through your own website, you are going to need a way to facilitate transactions — some sort of infrastructure that will allow a customer to select your goods, cover it, and also have it immediately delivered to them with whole hands-off automation. Payhip solves this issue.
What is Payhip?
Payhip is An e-commerce platform/website that provides customers with solutions and the tools for hosting and promoting products to their customers 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 using Payhip?
Each online Platform differs, and I’ve used a few of these in the past.
Having A platform that is so simple to use and one that does not take a massive amount of my time is of utmost importance.
Payhip will Save you a great deal of time too because everything is taken care of on the Payhip platform.
The Benefits 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 site takes zero charges asides From 5% per trade when you sell a product.
- Accessibility to analytics reports.
- Access to marketing tools. You have the option to make Social and Coupons discounts.
- Ability to signup, handle and reward your affiliates.
- Access to merchandise sharing tools. Plus it is possible to embed Your merchandise and Buy Now buttons on your own website or blog.
- The ability to set mailing lists so that your clients can Subscribe and remain up to date with your goods, and much more.
- Instant digital product delivery via email link for customers.
What I Enjoy About Payhip
Let us get to the information. Following my 2 year Payhip expertise, here’s what I love about the service…
Payments Are Instantaneous
Payhip let’s your customers pay with PayPal Or from credit/debit card using Stripe, plus they do not cover 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 on your accounts, and if you’ve got the PayPal and also Stripe apps installed on your mobile device, you’ll receive notifications each time a sale happens. Crown & Caliber
I happen to appreciate this. The excitement of Seeing a sale that is new never gets older. In addition, it is good to awake in the morning, reach for your phone, and also see 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 can be Stripe. If your customers pays by card with Stripe, there will be a three day hold until the cash is available. That is Stripe though — Payhip does not hold your cash at all.
No Monthly Fees
Among 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 back Since, at the time, my readership was 1/10th of what it’s now, and I wasn’t positive that I was going to always sell enough product to justify paying a monthly fee for a similar service like Gumroad. As a relatively new blogger with a small crowd, Payhip was the no-risk solution that best match my scenario.
Simple To Understand Analytics
Payhip’s back end offers an page That enables you to view transactions and earnings amounts relative to the day, month, week, year, or some other given range. Best of all, it is a report that is straightforward and to-the-point.
If you have used Google Analytics or Facebook analytics, the number of information you are immediately smacked in the face with can be somewhat overwhelming, and a lot of it is largely 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 benefit users of Payhip experience is By creating coupon codes, promotions to run.
The codes may be for any percentage you would Like and for any (or all) products. They can run for whatever length 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 useful. Occasionally I’ll conduct a weekend promotion, place it on Facebook raise the post targeting a pixel audience that is re-marketing and I never fail to go ROI positive with it. People do respond to limited time offers. Crown & Caliber
Your Own Affiliate Program
Payhip gives you the ability to let your Readers register as an affiliate of your store, and you can grant them a commission of whatever percentage you’d like, someone buys a product with their custom affiliate link.
This is useful since it allows Men and Women To market your products for you, and if they have a stage and an audience of their own they can tap to, the commissions paid will be worth it.
Easy Integration with Email Marketing
If you are into marketing, you’ll be Able to easily integrate Payhip with your email advertising supplier that is chosen so that a purchase is made, the email address of the purchaser can be added to a chosen list.
That is small but I think it’s Pretty cool so I wish to give it a mention — if you desire, you can have Payhip postage the buyer’s email address to the upper left corner of every page of a PDF document they have bought.
So if someone plans to Purchase Your PDF Publication then make it publicly available for free they will need to be fine with their email address being publicly available as well. I think that’s a creative 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, photographs, software, etc..
Overall Simplicity and Modern Design
1 thing that can not be overlooked whenever You are selling something is your website appears. People generally don’t trust sites which look obsolete, myself included. If a website looks like it hasn’t been upgraded since the web 2.0 days, I begin to wonder if perhaps I’m in an abandoned construction and putting my payment information to it would pretty much be like throwing my money into a black hole.
That is not true with Payhip though. The Site has a easy and very contemporary design. This is what you would expect a checkout page by a business to appear like if you were to buy a merchandise on the world wide web. Crown & Caliber
Another thing I like about Payhip is its own In general simplicity. In the moment a visitor lands on your product page, Payhip stays out of the way. They display your graphics, sales copy, and just the crucial info (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 don’t store customer payment information, meaning that your clients’ payment details are secure. The payment is completely handled through Stripe or PayPal, and I prefer it this way because they are 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 improved…
No Mobile App
One thing that bugs me around Payhip is that They do not have a app. It’d be convenient to be able to start an app while I’m out and about, and have a look through my data. The site is optimized for mobile devices, although you do so and may log in to the site.
I enjoy Payhip, but that is a really Lousy appearance in 2018. There is no reason you should not have a website optimized for cellular, and once you’ve got that, you ought to be able to easily turn the website itself right into it’s own app so users don’t have to manually register in every time they want to check sales data. Users of Payhip encounter a much better platform when they’re on their cellular devices.
No Upsells or Add-Ons At Checkout
On the checkout page, I would like to see an capability to indicate Other products. By way of example, if they’re purchasing a package of logo templates for $5, then I might provide a bundle of business card templates or propose. This is something which sites like Amazon and VistaPrint do.
I can not help but feel like there is a lot of money being left on the Table — for myself and Payhip — without this operation. This may improve the Payhip encounter for both the seller and the customer.
Establish On A Fixed Timezone
This one is frivolous, but I Prefer to see it fixed.
Since Payhip is located in London, they have BST was set to by the timezone for the entire site. Since I am found in the EST, I’ll occasionally check my stats at 7PM or later and see that I left 0 earnings for the day because Payhip thinks it is midnight and its own information reveals that.
Again, this is a non-issue, but I Would like to see the capability to correct the site to your timezone. Crown & Caliber
More Flexibility with Coupon Codes
I know I raved about the voucher Code feature earlier, but it’s not perfect.
As it stands, the sole promotion You can run through a coupon code. Ideally, I’d love to have the ability to offer a dollar amount to set a sale price that is specified.
Right Now, if I Need to put a merchandise On sale for $10, manually do the math to figure out what percent off would render the price and I must break out the calculator. I think that is unnecessary and may be improved.
When creating A brand new product in Payhip, you have access to innovative alternatives which include —
- Make your merchandise private.
- Insert an ISBN (Internation Standard Book Number) to your eBook.
- Upload a few sample or preview pages.
- To the number of copies of eBook or your product could be add a limitation number sold.
- Generate a license key that is exceptional .
Just how much does this cost?
Payhip will Cost you nothing to establish or even host your products. The site takes just 5% commission per transaction fee.
Would I Recommend Payhip?
This leaves us with the burning question: after 2years as a vendor on Payhip, would you recommend it? Overall, yes. I am a customer, but whether you ought to use it depends on your situation.
If you are a blogger with a small audience And you can not justify spending $10+ per month for something such as Gumroad, then yes, I would recommend Payhip. But in case you sell a product that is high-ticket or have a massive audience and know that you’ll do at least $ 1,000 in sales each month, you might want to check into something most cost effective.
As of this date of the writing, Payhip functions On a set fee of 5% 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 quantity, the mathematics should (in most cases) favor Payhip. But if you are selling into the thousands, you are probably going to need to go with Gumroad or look into some other alternative. That is largely dependent on the number of transactions it takes to achieve those sales numbers though, so make certain that you crunch the numbers on your own.
Personally, I love the Payhip Expertise and am thankful for their solutions. I want to see them continue to grow and succeed. Crown & Caliber