Background Digital Download Shop
Of All of the ways of monetizing blog Articles, my favorite Strategy is To make and sell electronic products like learning layout templates and materials. I’ve found that it is extraordinarily profitable than running ads and self-made products convert at a greater rate than an affiliate product that somebody else created. The support I use to facilitate this can be Payhip, and in this article I’ll be discussing what I both like and dislike about the service based on my Payhip experience as a seller for two + years. Digital Download Shop
My Payhip Experience
If you have ever wanted to market digital products Through your own website, you’ll need a means to facilitate transactions — some kind of infrastructure that will allow a client to select your goods, pay for it, and also have it instantaneously delivered to them with whole hands-off automation. Payhip solves this problem.
Payhip is An e-commerce platform/website that provides customers with the tools and options for selling electronic 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’ve used a few of these previously.
Having A stage that is easy to use and one that doesn’t require a huge amount of my valuable time is of paramount significance.
Payhip will Save you a great deal of time too because everything is cared for on the Payhip platform.
The Benefits that I’ve gained the most from using Payhip include –
- EU VAT is taken care of, which can be a big plus in my book.
- Affordable. The site takes zero charges asides From 5% per trade when you sell a product.
- Access to analytics accounts.
- Access to advertising tools. You have the option to make Societal and Coupons discounts.
- Capability to signup, manage and reward your own affiliates.
- Access to product sharing tools. Plus it is possible to embed Purchase and your product Now buttons right on blog or your website.
- The ability to setup mailing lists so that your customers can Subscribe and stay up to date with your products, and more.
- Instant digital product shipping via email link to customers.
What I Enjoy About Payhip
Let’s get to the details. Following my 2 year Payhip experience, Here Is What I really like about the ceremony…
Payments Are Instantaneous
Payhip let us your customers pay with PayPal Or from credit/debit card using Stripe, plus they don’t pay out monthly/weekly/quarterly or make you wait around for them to clean some kind of holding period. When a customer makes a purchase, the money is immediately available on your account, 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 Download Shop
I happen to appreciate this. The excitement of Seeing a brand new sale never gets old. It’s also great to awake in the morning, reach to your telephone, and see you made X amount of dollars while you’re sleeping, and it is all readily available for you to spend. The only caveat to this is Stripe. If your customers pays by card using Stripe, there’ll be a three day hold until the money is available. That is all Stripe however — Payhip doesn’t hold your money in any way.
No Monthly Fees
One of the things that Payhip originally sold me on is that there is no Monthly fees or setup charges — only a simple flat fee of 5 percent per sale.
This was appealing to me back Since, at the moment, my readership was 1/10th of what it’s now, and I wasn’t positive that I was likely to consistently 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 match my situation.
Easy To Understand Analytics
Payhip’s back end offers an page That enables you to see transactions and earnings amounts relative to this day, week, month, year, or some other given range. Best of all, it’s a report that is to-the-point and straightforward.
If you have ever used Google Analytics or Facebook analytics, the amount of information you’re immediately smacked in the face with can be a bit overwhelming, and lots of it’s mostly useless also. Payhip just gives you exactly what you’re there to view — sales data. Nothing more, nothing less.
Run Promotions with Coupon Codes
Another advantage users of Payhip experience is Promotions to run by producing coupon codes.
The codes can be Enjoy and for any (or all) products. They can run for any duration you’d like (or even indefinitely,) and the code itself may even be customized to whatever series of text you would like.
I’ve found this to be helpful. Occasionally I’ll run a weekend promotion, place it on Facebook, then raise 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 Download Shop
Your Own Affiliate Program
Payhip Provides you the capability to let your Readers sign up as an affiliate of your shop, and you are able to grant them a commission of whatever percentage you’d like, if someone buys a product using their customized affiliate link.
This is useful since it allows people To sell your merchandise for you, the commissions paid will be well worth it and should they have an audience of their own and a platform that they can tap to.
Easy Integration with Email Marketing
You will be, if you’re into email advertising Able to integrate Payhip along with your email marketing provider that is preferred so that if a sale is made, the email address of the purchaser could be added into a chosen list.
That is small but I think it’s Pretty cool so I want to give it a reference — if you desire, you’ll have Payhip postage the buyer’s email address to the top left corner of each page of a PDF document they’ve bought.
So if someone intends to buy your PDF Publication then make it available for free somewhere else, they will have to be okay with their email address being publicly available also. I think that is a really creative way of deterring pirating.
Upload Many Sorts of Files
Payhip isn’t Only a marketplace for ebooks — You can upload virtually any kind of file. Font files, video/audio files, photos, software, etc..
Total Simplicity and Modern Design
One thing that can not be overlooked whenever You are selling something is the way current your site appears. People generally don’t trust sites that look obsolete, myself included. If a site looks like it has not been updated because the web 2.0 times, then I start to wonder if maybe I’m in an abandoned construction and putting my payment info to 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 layout that is simple and very modern. This is exactly what you would expect a checkout page from a company, In the event that you were to purchase a digital product on the internet. Digital Download Shop
Another thing that I like about Payhip is its own In general simplicity. From 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 really like about Payhip is That customer payment information isn’t stored by them, meaning that your clients’ payment details are secure. The payment is managed through Stripe or PayPal, and I prefer it that way as they are big companies with lots of cash to spend on security.
What I Dislike About Payhip
As much as I enjoy Payhip, it is far from perfect. Here are some items that I dislike about the service and would like to see improved…
No Mobile App
1 thing that bugs me about Payhip is that They do not have a app. It’d be convenient to have the ability to open an app and take a look while I am out and about. The website isn’t optimized for mobile devices, although you may log into the site and do this.
I like Payhip, but this is a very Lousy look in 2018. There’s no reason you should not have a website optimized for mobile, and when you’ve got that, you ought to be able to easily turn the website itself right into it’s own program so users don’t have to manually sign in every time they want to check sales information. Let users of Payhip experience a platform when they are on their devices.
No Upsells or Add-Ons At Checkout
On the checkout page, I would like to see an capability to suggest Other products similar to what the client is about to buy. For example, if they are purchasing a package of templates for $5, then I suggest some other product which may interest them that they didn’t know about, or might offer a bundle of business card templates for a few dollars. This is something that sites like Amazon and VistaPrint do very well.
I can’t help but feel as though there’s a lot of money Table — for both myself and Payhip — with no functionality. This could enhance the Payhip experience for both the seller and the customer.
Set On A Fixed Timezone
This one is mostly frivolous, but I had still Like 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 located in the EST, I’ll sometimes check my stats at 7PM or later and see that I left 0 earnings for the day since Payhip believes it’s midnight and its data reveals that.
Again, this is a non-issue, however I Would love to see that the ability to correct the site to your own timezone. Digital Download Shop
More Flexibility with Coupon Codes
I know I raved about the voucher Code feature but it’s not quite perfect.
As it stands, the sole advertising You can run via a voucher code. Ideally, I’d like to be able to supply a dollar amount to set a predetermined sale price.
At the moment, if I want to place a merchandise Available for $10, do the math to determine what percent off will leave the price at $10 and I must break out the calculator. I believe that is unnecessary and could be made better.
When creating A brand new product in Payhip, you also have access to advanced alternatives including —
- Make your merchandise private.
- Add an ISBN (Internation Standard Book Number) to your eBook.
- Upload sample pages or a preview.
- Insert a limit number to how many copies of eBook or your product can be sold.
- Create a license key .
Just how much does it cost?
Payhip will Cost you or host your products. The website takes only 5% commission per trade fee.
Can I Recommend Payhip?
This leaves us with the burning question: after two years as a vendor on Payhip, would you recommend it? Overall, yes. I am very much a happy client, but whether or not you ought to use it depends upon your own situation.
If you are 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. But in case you market a merchandise that is high-ticket or have a massive audience and know you’ll be doing at least $ 1,000 in sales each month, you may want to check into something most cost effective.
As of this date of this writing, Payhip works On a flat 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 $1,000 per month in total volume, the math 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 alternative. This is largely dependent on the number of transactions it requires to achieve those sales numbers so be sure to crunch the numbers.
Personally, I absolutely love the Payhip Experience and am grateful for their services. I would like to see them continue to grow and succeed. Digital Download Shop