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Of All of the ways of Creating Articles, my favorite method is To create and sell electronic products like learning layout templates and materials. I’ve discovered that it is extraordinarily more profitable than running ads from networks such as AdSense, and self-made products convert at a higher speed compared to an affiliate product that somebody else created. The support I use to facilitate this is Payhip, and this article I’ll be sharing what I both like and dislike about the service based on my Payhip experience as a seller for 2+ years. Digital Cell Phone Lockers
My Payhip Experience
If you have ever wanted to market digital products Through your own site, you’ll need a means to facilitate trades — some sort of infrastructure that will allow a customer to select your product, cover it, and also have it instantaneously delivered to them with whole hands-off automation. Payhip solves this issue.
Payhip is An e-commerce platform/website that provides customers with the tools and solutions for promoting digital products directly to their clients and hosting online.
The company 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 differs, and I’ve used a few of these in the past.
Having A stage that is easy to use and one that doesn’t take a huge amount of my time that is precious is of utmost significance.
Payhip will Save a great deal of time because everything is cared for on the Payhip platform.
The Advantages that I’ve gained the most from using 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 percent per trade when you sell a item that is digital.
- Accessibility to analytics reports.
- Access to advertising tools. You have the option to make Coupons and societal discounts.
- Ability to signup, manage and reward your affiliates.
- Access to product sharing tools. Plus it is possible to embed Buy and your merchandise Now buttons on your own website or blog.
- The Capacity to setup mailing lists so that your customers can Subscribe and remain current with your electronic products, and much more.
- Instant digital product delivery via email link for customers.
What I Enjoy About Payhip
Let’s get to the details. After my two year Payhip experience, here’s what I love about the ceremony…
Upgrades Are Instantaneous
Payhip let’s your customers pay with PayPal Or from credit/debit card with Stripe, and they do not cover monthly/weekly/quarterly or make you wait for them to clean some sort of holding period. When a customer makes a purchase, the money is instantly available in your accounts, and in case you have the PayPal and Stripe programs installed on your mobile device, you are going to receive notifications whenever a sale occurs. Digital Cell Phone Lockers
I happen to appreciate this. The excitement of Seeing a new sale never gets old. In addition, it is great to awake in the morning, reach to your telephone, and also see you made X amount of dollars while you’re sleeping, and it’s all easily available for you to spend. The only caveat to this is Stripe. If your customers card using Stripe, there will be a 3 day hold before the money is available. That is all Stripe though — Payhip does not hold your cash at all.
No Monthly Charges
Among those things that Payhip initially sold me is that there is no Monthly fees or installation charges — only a simple flat charge of 5% per sale.
This was attractive to me back in 2016 Since, at the time, my readership was less than 1/10th of what it is now, and that I was not positive that I was likely to consistently sell enough product to warrant paying a monthly fee for a similar service like Gumroad. As a relatively new blogger having a little crowd, Payhip was the quickest solution that best fit my situation.
Easy To Understand Analytics
Payhip’s back end Provides an analytics page That enables you to view trades and earnings quantities relative to the day, week, month, year, or any other given selection. Best of all, it is a report that is really simple and to-the-point.
If you’ve 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 is mostly useless also. Payhip just gives you exactly what you are there to view — sales information. Nothing more, nothing less.
Run Promotions with Coupon Codes
Another advantage users of Payhip experience is By creating coupon codes promotions to conduct.
The codes can be Enjoy and for any (or all) products. They can run for any duration you want (or even permanently,) along with the code itself can even be customized to whatever series of text you would like.
I have found this to be very useful. Sometimes I’ll run 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 really do respond well to limited time offers. Digital Cell Phone Lockers
Your Own Affiliate Program
Payhip gives you the capability Readers register as an affiliate of your store, and someone purchases a product with their custom affiliate link, you can award them a commission of whatever percentage you’d like.
This is useful because it allows other Men and Women To sell your products for you, and if they have a stage and an audience of their own that they can tap into, the commissions paid will be well worthwhile.
Easy Integration with Email Marketing
You will be if you are into email marketing Able to readily integrate Payhip with your email marketing provider that is chosen so that a purchase is made, the buyer’s email address can be added into a chosen listing.
This is relatively minor but I think it’s Pretty cool so I want to give it a reference — if you desire, you’ll have Payhip postage the purchaser’s email address into the upper left corner of each page of a PDF document they’ve purchased.
So if someone intends to Purchase Your PDF Publication subsequently make it publicly available for free they will have to be okay with their email address being accessible as well. I believe that is a creative way of deterring pirating.
Upload Most Kinds of Files
Payhip is a market for ebooks — You can upload virtually any kind of file. Font documents, video/audio files, photos, software, etc..
Overall Simplicity and Modern Design
1 thing that can not be overlooked whenever You are selling something is your site looks. Individuals don’t trust sites that appear outdated, 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 placing my payment info to it would pretty much be just like throwing my money into a black hole.
That’s not true with Payhip though. The Site has a layout that is very contemporary and simple. This is exactly what you would expect a checkout page from a trusted company, if you were to buy a digital merchandise on the world wide web. Digital Cell Phone Lockers
Another thing I like about Payhip is its own In general simplicity. In the a visitor lands on your product page, Payhip stays out of the way. They display your graphics, sales copy, and only the critical info (such as price.) They do absolutely nothing to interfere with your purchase — no.
Finally, what I enjoy about Payhip is That customer payment information isn’t stored by them, meaning your customers’ payment details are safe. The payment is completely managed through Stripe or PayPal, and I prefer it that way because they’re successful companies with a lot of cash to spend on top-shelf 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 service and would like to see enhanced…
No Mobile App
1 thing that bugs me about Payhip is that They don’t have a app. It would be convenient to be able to open an app and take a look while I’m out and around. You may log in to the site and do this, but the site isn’t optimized for mobile devices.
I like Payhip, but this is a very Bad appearance in 2018. There is no reason you should not have a site optimized for mobile, and when you’ve got that, you should be able to easily turn the website itself into it’s own app so users do not need to manually register in each time they would like to inspect sales information. Let users of Payhip experience a better platform when they are on their devices.
No Upsells or Add-Ons At Checkout
On the checkout page, I’d like to see an added capability to suggest Other products. For example, if they’re buying a package of logo templates for $5, then I propose some other similar product that could interest them they previously didn’t know about, or might provide a bundle of business card templates for a few extra dollars. This is something that websites like Amazon and VistaPrint do very well.
I can’t help but feel as though there is a lot of money being left on the Table — for both myself and Payhip — with no functionality. This may improve the Payhip encounter for both the seller and the client.
Establish On A Fixed Timezone
This one is mostly frivolous, but I’d still Prefer to see it fixed.
Considering that Payhip is located in London, they’ve The functioning timezone for the whole site place to BST. Since I am found in the EST, I will sometimes check my stats at 7PM or afterwards and see that I made 0 sales for the day since Payhip thinks it is midnight and its own information reveals that.
This is a non-issue, however I Would love to see that the ability to adjust the site. Digital Cell Phone Lockers
More Flexibility with Coupon Codes
I know I raved about the voucher Code feature but it is not quite perfect just yet.
As it stands, the sole promotion You can run through a coupon code is to get a percentage off. I’d love to have the ability to supply a dollar amount off the cost, or the ability to set a predetermined sale price.
Right Now, if I want to place a product that is $27 Available for $10, manually do the math to figure out what percentage off will render the final price at $10 and I must break out the calculator. I believe that is unnecessary and could be improved.
When creating A new product in Payhip, you also have access to advanced alternatives including —
- Make your merchandise private.
- Insert an ISBN (Internation Standard Book Number) to your eBook.
- Upload sample pages or a couple of preview.
- To how many copies of your product or market can be add a limit amount sold.
- Create a license key that is exceptional .
Just how much does it cost?
Payhip will Cost you or even host your electronic 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, would you recommend it? Total, yes. I am very much a satisfied customer, but whether or not you should use it depends on your situation.
If you’re a blogger with a small audience And you can not justify spending $10+ per month to get something like Gumroad, then yes, I would absolutely recommend Payhip. However, if you know that you’ll be doing at least $ 1,000 in sales each month and sell a product that is high-ticket or have a huge audience, you might want to look into something most cost-efficient.
As of this date of this writing, Payhip works On a set fee of 5 percent of every sale. Gumroad’s fee is now 3.5% + $0.30 per transaction + $10 a month.
If you’re going to be promoting less than $1,000 per month in total quantity, the mathematics should (in most cases) prefer Payhip. But if you’re selling well into the thousands, you are probably going to need to go with Gumroad or look into some other choice. That is all dependent on how many transactions it requires to reach those sales numbers, however, so make sure to crunch the numbers on your own.
Personally, I love the Payhip Expertise and am grateful for their solutions. I would like to see them continue to grow and succeed. Digital Cell Phone Lockers