Introduction Digital Cell Team Name
Of all the ways of monetizing content that is blog, my Strategy is Like studying design templates and materials, to make and sell products. I’ve discovered that it’s extraordinarily more rewarding than running ads and products convert at a much greater rate than an affiliate product that somebody else created. The support I use to ease this is Payhip, and this article I’ll be sharing what I like and dislike about the ceremony based in my Payhip experience for a vendor for 2+ years. Digital Cell Team Name
My Payhip Experience
If you’ve ever wanted to market digital products Through your own website, you’ll want a way to facilitate trades — some kind of infrastructure which will enable a customer to select your product, pay for it, and have it immediately delivered to them with complete hands-off automation. Payhip solves this issue.
Payhip is An that gives customers with options and the simplest tools for promoting digital products directly to their customers and hosting online.
The company Was co-founded by Abs Farah and Kahin Farah and is currently based in my capital city of London.
Which are the advantages of using Payhip?
Each online Platform differs, and I’ve used a couple of them in the past.
For me, having A platform that is simple to use and one that does not take a huge amount of my precious time is of paramount importance.
Payhip will Save a lot of time because everything is cared for on the Payhip platform.
The Benefits that I’ve gained the most from utilizing Payhip include –
- EU VAT is taken care of, and it is a huge plus in my book.
- Affordable. The website takes zero charges asides From 5 percent per transaction when you sell a product.
- Access to analytics reports.
- Access to marketing tools. You have the option to create Coupons and social discounts.
- Ability to signup, handle and reward your own affiliates.
- Access to product sharing tools. Plus it is possible to embed Your merchandise and purchase Now buttons right on your own website or blog.
- The Capacity to set mailing lists so that your customers can Subscribe and stay up to date with your products, and more.
- Instant digital product delivery via email link to customers.
What I Enjoy About Payhip
Let us get to the information. Following my 2 year Payhip experience, here’s what I really like about the service…
Upgrades Are Instantaneous
Payhip let us your customers pay with PayPal Or from credit/debit card with Stripe, and they do not pay out monthly/weekly/quarterly or make you wait around for them to clear some kind of holding period. When a customer makes a purchase, the money is immediately available on your accounts, and if you have the PayPal and also Stripe programs installed on your mobile device, you’ll get notifications whenever a sale happens. Digital Cell Team Name
I happen to love this. The excitement of Seeing a sale that is brand new never gets older. It’s also good to awake in the morning, reach to your phone, and see you made X number of dollars while you’re sleeping, and it’s all easily available for you to spend. The only caveat to this can be Stripe. If your clients pays by card with Stripe, there will be a 3 day hold until the cash is available. That is Stripe though — Payhip does not hold your cash in any way.
No Monthly Fees
One of the things that Payhip initially sold me is that there is no Monthly fees or installation charges — just a simple flat charge of 5 percent per purchase .
This was attractive to me in 2016 Because, at the moment, my readership was less than 1/10th of what it’s now, and that I wasn’t positive that I was going to always sell enough product to warrant paying a monthly fee to get a similar service such as Gumroad. As a relatively new blogger with a small crowd, Payhip was the quickest solution that best fit my situation.
Easy To Understand Analytics
Payhip’s back end Provides an analytics page That lets you view trades and earnings amounts relative to this day, week, month, year, or any other given selection. Best of all, it’s a report.
If you have used Google Analytics or Facebook analytics, the amount of information you are immediately smacked in the face can be a bit overwhelming, and lots of it is mostly useless also. Payhip just gives you exactly what you’re there to see — sales 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 Like and for any (or all) products. They could run for whatever length you want (or even indefinitely,) and the code itself can even be customized to whatever series of text you would like.
I’ve found this to be helpful. Sometimes I’ll conduct a weekend marketing, post it on Facebook raise the article targeting a pixel re-marketing audience and I don’t fail to go ROI positive with it. People truly do respond to limited time offers. Digital Cell Team Name
Your Own Affiliate Program
Payhip gives you the ability Readers sign up as an affiliate of your store, and you can grant, someone purchases a product using their custom affiliate link.
This is useful because it allows other Men and Women To sell your merchandise for you, the commissions paid will be well worthwhile and should they have an audience of their own and a stage they can tap into.
Easy Integration with Email Marketing
You’ll be, if you’re into advertising Able to integrate Payhip with your email advertising supplier so that a sale is made, the buyer’s email address could be added to a chosen listing.
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 purchaser’s email address to the top left corner of every page of a PDF document they have bought.
So if someone intends to buy your PDF Book subsequently make it available for free they’ll have to be okay with their personal email address being publicly accessible. I think that is a way of deterring pirating.
Upload Most Sorts of Files
Payhip is a marketplace for ebooks — You can upload any sort of file. Font documents, video/audio files, photos, software, etc..
Overall Simplicity and Modern Design
1 thing that can’t be overlooked whenever You’re selling something is your website appears. Individuals generally do not trust sites which appear obsolete, myself included. If a site looks like it hasn’t been upgraded since the web 2.0 days, I start to wonder if perhaps I’m in an abandoned construction and putting my payment information into it would pretty much be just like throwing my money into a black hole.
That’s not the case with Payhip though. The Site has a design that is very modern and simple. In the event that you were to purchase a product this is exactly what you’d expect a checkout page from a business to appear like. Digital Cell Team Name
Another thing I enjoy about Payhip is its Overall simplicity. In 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 (like price.) They do nothing to interfere with your purchase — no self-promotion whatsoever.
Finally, what I like about Payhip is That customer payment information isn’t stored by them, meaning that your clients’ payment details are safe. The payment is managed through Stripe or PayPal, and I prefer it this way because they are big, successful companies with a lot of cash to spend on security.
What I Dislike About Payhip
As much as I like Payhip, it is 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 about Payhip is that They don’t possess a app. It would be convenient to be able to start an app and have a look during my data while I’m out and around. You may log into the website and do this, but the website is optimized for mobile devices.
I like Payhip, but this is a really Bad look in 2018. There is no reason you shouldn’t have a website optimized for mobile, and once you’ve got that, you ought to be able to easily turn the website itself into it’s own program so users do not have to manually register in every time they want to check sales data. Permit users of Payhip experience a platform when they are on their mobile devices.
No Upsells or Add-Ons In Checkout
On the checkout page, I’d like to see an capability that is added to indicate Other products similar to what the customer is going to buy. For example, if they are purchasing a bundle of templates for $5, then I could offer a bundle of business card templates or propose some other product which may interest them that they previously didn’t know about. This is something that sites like Amazon and VistaPrint do well.
I can not help but feel as though there’s a lot of money being left on the Table — for myself and Payhip — without this functionality. This could enhance the Payhip encounter for both the vendor and the client.
Set On A Fixed Timezone
This one is frivolous, but I’d still Like to see it corrected.
Since Payhip is located at London, they have BST was set to by The functioning timezone for the website. Since I am located in the EST, I’ll sometimes check my analytics at 7PM or later and see that I left 0 earnings for the day since Payhip believes it is midnight and its own data reflects that.
Again, this is a non-issue, however I Would love to see that the capability to adjust the site to your timezone. Digital Cell Team Name
More Flexibility with Coupon Codes
I know I raved about the coupon Code feature but it’s not quite perfect.
As it currently stands, the sole promotion You’re able to run via a coupon code. I’d like to have the ability to offer a dollar amount to set a sale price that is predetermined.
Right Now, if I Need to place a $27 product Available for $10, do the math to determine what percent off would leave the cost at $10 and I must break out the calculator. I think that is unnecessary and could be made better.
When creating A brand new product in Payhip, you have access to innovative options which include —
- Make your product private.
- Add an ISBN (Internation Standard Book Number) to your eBook.
- Upload a sample or preview pages.
- Add a limit number to the number of copies of your product or eBook could be sold.
- Generate a exceptional license key .
How much does this cost?
Payhip will Cost you nothing 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? Total, yes. I am a client, 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+ per month to get something like Gumroad, then yes, I would recommend Payhip. In case you know you’ll do at least $ 1,000 in sales every month and sell a merchandise that is high-ticket or have a huge audience, you might want to check into something.
As of this date of this writing, Payhip works On a set fee of 5% of each sale. Gumroad’s fee is now 3.5% + $0.30 per transaction + $10 per month.
If you are going to be selling less than $1,000 per month in total volume, the mathematics should (in most cases) favor Payhip. But if you’re selling well into the thousands, you are probably going to need to decide on Gumroad or start looking into another alternative. That is dependent on the number of transactions it requires to achieve those sales numbers so make sure that you crunch the numbers on your own.
Personally, I love the Payhip Experience and am really grateful for their services. I would like to see them continue to grow and succeed. Digital Cell Team Name