Introduction Digital Codes For Sale
Of All of the ways of monetizing content, my favorite Strategy is Such as learning layout templates and materials, to create and sell products. I have discovered that it’s extraordinarily more profitable than running ads and self explanatory products convert at a higher rate compared to an affiliate product that someone else created. The service I use to facilitate this can be Payhip, and in this article I’ll be sharing what I like and dislike about the ceremony based in my Payhip expertise as a vendor for 2+ years. Digital Codes For Sale
My Payhip Experience
If you’ve ever wanted to market digital products Through your own site, you’ll need a means to facilitate trades — some kind of infrastructure that will allow a client to select your product, pay for 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 users with options and the tools for hosting and selling digital products directly to their customers online.
The Provider 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 is different, and I have used a couple of them in the past.
Having A platform that is so easy to use and one that does not take a huge amount of my time that is valuable is of utmost significance.
Payhip will Save you a great deal of time also because everything is taken care of on the Payhip platform.
The Advantages that I’ve gained the most from using Payhip include –
- EU VAT is taken care of, and it can be a big plus in my book.
- Affordable. The website takes zero fees asides From 5% per trade when you sell a digital product.
- Access to analytics reports.
- Access to advertising tools. You have the option to make Coupons and social discounts.
- Capability to signup, manage and reward your own affiliates.
- Access to product sharing programs . Plus you can embed Purchase and your merchandise Now buttons right on blog or your site.
- The ability to setup mailing lists so that your customers can Subscribe and stay current with your goods, and much more.
- Immediate digital product shipping via email link for buyers.
What I Enjoy About Payhip
Let’s get to the details. Following my two year Payhip experience, Here Is What I love about the service…
Upgrades Are Instantaneous
Payhip let’s your customers pay with PayPal Or from credit/debit card with Stripe, and they don’t cover monthly/weekly/quarterly or force you to wait around for them to clean some sort of holding period. When a customer makes a purchase, the cash is immediately available in your accounts, and in case you have the PayPal and also Stripe programs installed on your mobile device, you are going to get notifications whenever a sale occurs. Digital Codes For Sale
I happen to love this. The excitement of Seeing a sale that is new never gets old. It’s also good to awake in the morning, reach to your phone, and also see you made X number of dollars while you’re sleeping, and it’s all readily available for you to spend. The caveat to this can be Stripe. If your customers pays by card with Stripe, there’ll be a three day hold before the money is available. This is Stripe though — Payhip does not hold your money in any way.
No Monthly Charges
Among the things that Payhip originally sold me on is that there’s no Monthly fees or installation charges — just a simple flat fee of 5% per sale.
This was attractive to me back in 2016 Because, at the moment, my readership was less than 1/10th of what it is now, and that I wasn’t positive 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 scenario.
Simple To Know Analytics
Payhip’s back end offers an analytics page That lets you see trades and earnings amounts relative to the day, week, month, year, or any other specified range. On top of that, it’s a report that is to-the-point and simple.
If you’ve ever used Google Analytics or Facebook analytics, the amount of information you’re immediately smacked in the face can be a bit overwhelming, and lots of it’s largely useless too. Payhip just gives you exactly what you are there to see — sales information. Nothing more, nothing less.
Run Promotions with Coupon Codes
Another benefit users of Payhip experience is By producing coupon codes promotions to run.
The codes can be for any percentage you’d Like and for any (or all) products. They could run for whatever length you’d like (or even permanently,) along with the code itself may even be customized to whatever string of text you desire.
I’ve found this to be useful. Occasionally I will conduct a weekend promotion, place it on Facebook raise the post targeting a pixel audience and I don’t fail to go ROI positive by it. People do respond to limited time offers. Digital Codes For Sale
Your Own Affiliate Program
Payhip gives you the capability to let your Readers register as an affiliate of your store, and you are able to award them a commission of whatever percent you would like, if someone buys a product using their custom affiliate link.
This is useful since it allows people To market your products for you, the commissions paid will be well worth it, and should they have a stage and an audience of their own that they can tap into.
Easy Integration with Email Marketing
You will be, if you’re into marketing Able to incorporate Payhip with your email advertising provider so that whenever a purchase is made, the email address of the purchaser can be added to a listing.
That is small but I think it’s Pretty cool so I want to give it a mention — if you desire, you’ll have Payhip stamp the purchaser’s email address to the top left corner of every page of a PDF document they’ve purchased.
So if someone plans to buy your PDF Publication make it available for free they will need to be okay with their email address being publicly available also. I believe that is a creative means of deterring pirating.
Upload Most Kinds of Files
Payhip is not Only a market for ebooks — You can upload any kind of digital file. Font files, video/audio documents, photographs, software, etc..
Total Simplicity and Modern Design
One thing that can not be overlooked whenever You’re selling something is your website looks. People don’t trust websites that appear outdated, myself included. If a website looks like it has not been upgraded since the net 2.0 days, I begin to wonder if maybe I am in an abandoned construction and placing my payment information into it’d pretty much be just like throwing my money into a black hole.
That is not the case with Payhip though. The Website has a layout that is simple and very contemporary. This is exactly what you would anticipate a checkout page by a trusted business In the event that you should purchase a digital merchandise on the world wide web. Digital Codes For Sale
Another thing that I like about Payhip is its own Overall simplicity. From the 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 sale — no self-promotion whatsoever.
Finally, what I enjoy about Payhip is That customer payment info isn’t stored by them, meaning that your customers’ payment details are safe. The payment is completely handled through PayPal or Stripe, and I prefer it that way as they are large, successful companies with a lot of cash.
What I Dislike About Payhip
As much as I like Payhip, it’s far from perfect. Here are some things that I dislike about the ceremony and would like to see improved…
No Mobile App
1 thing that bugs me about Payhip is that They don’t possess a mobile app. It would be convenient to have the ability to start an app and have a look through my sales data while I’m out and about. The site is optimized for mobile devices, although you may log in to the site and do so.
I enjoy Payhip, but this is a very Lousy appearance in 2018. There’s no reason you should not have a site optimized for cellular, and when you have that, you ought to be able to easily turn the website itself into it’s own program so users don’t have to manually sign in every time they want to check sales data. Permit users of Payhip experience a much better platform when they’re on their devices.
No Upsells or Add-Ons At Checkout
On the checkout page, I’d really like to see an Extra capability to indicate Other products similar to what the customer is going to purchase. By way of instance, if they’re purchasing a bundle of logo templates for $5, then I suggest, or could provide a bundle of business card templates for a couple of dollars. This is something that 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 both myself and Payhip — with no functionality. This may enhance the Payhip encounter for both the seller and the customer.
Set On A Fixed Timezone
This one is largely frivolous, but I had still Prefer to see it corrected.
Since Payhip is located at London, they’ve The functioning timezone for the website set to BST. Since I am located in the EST, I’ll occasionally check my analytics at 7PM or later and see that I left 0 sales for the day since Payhip believes it’s midnight and its information reveals that.
This is largely a non-issue, however I Would love to see that the capability to adjust the website. Digital Codes For Sale
More Flexibility with Coupon Codes
I know I raved about the voucher It is not perfect just yet, although Code attribute earlier.
As it stands, the promotion You can run through a coupon code. I’d love to be able to supply a dollar amount off the cost, or the ability to set a predetermined sale price.
Right Now, if I Need to put a merchandise Available for $10, manually do the math to determine what percentage off would leave the cost at $10 and I must break out the calculator. I think this is unnecessary and may be improved.
When creating A new product in Payhip, you have access to advanced alternatives which include —
- Make your product private.
- Add an ISBN (Internation Standard Book Number) for your eBook.
- Upload sample pages or a couple of preview.
- To the number of copies of your product or eBook can be Insert a limitation amount sold.
- Create a license key that is unique for all your product/eBook sales.
How much does this cost?
Payhip will Cost you nothing or even host your digital products. The site takes only 5 percent commission per trade fee.
Would I Recommend Payhip?
This leaves us with the burning question: after two + years as a seller on Payhip, do you recommend it? Overall, yes. I am a satisfied customer, but whether you should use it depends on your own situation.
If you’re a new 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. If you know that you’ll be doing at least $ 1,000 in sales every month and sell a high-ticket product or have a huge audience, you may want to look into something.
As of the date of the writing, Payhip works On a flat fee of 5% 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 math should (typically ) favor Payhip. But if you are selling into the thousands, you want to decide on Gumroad or look into another alternative. This is largely dependent on the number of transactions it requires to achieve those sales numbers, however, so make sure that you crunch the numbers.
Personally, I love the Payhip Expertise and am grateful for their services. I want to see them continue to grow and succeed. Digital Codes For Sale