Introduction Digital Ecommerce Platform
Of All of the ways of Creating blog content, my favorite Strategy is To make and sell products. I’ve found that it’s extraordinarily more profitable than running advertisements from networks such as AdSense, and products convert at a significantly greater speed than an affiliate product that somebody else created. The support I use to ease this is Payhip, and this article I’ll be discussing what I both like and dislike about the ceremony based on my Payhip experience for a seller for two + years. Digital Ecommerce Platform
My Payhip Experience
If you have ever wanted to sell products Through your own website, you are going to want a way to facilitate trades — some kind of infrastructure which will enable a customer to select your goods, cover it, and also have it immediately delivered to them with complete hands-off automation. Payhip solves this problem.
Payhip is An that provides users with options and the tools for hosting and promoting products directly to their customers online.
The Provider Was co-founded by Abs Farah and Kahin Farah and is currently based in my capital city of London.
Which are the advantages of utilizing Payhip?
Each online Platform is different, and I’ve used a couple of them in the past.
For me personally, having A platform that is so easy to use and one that doesn’t take a huge amount of my time is of utmost significance.
Payhip will Save you a great deal of time 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 can be a big plus in my book.
- Affordable. The website takes zero fees asides From 5 percent per transaction when you sell a digital product.
- Access to analytics accounts.
- Access to advertising tools. You have the option to create Societal and Coupons discounts.
- Capability to signup, manage and reward your affiliates.
- Access to merchandise sharing programs . Plus it is possible to embed Purchase and your merchandise Now buttons directly on blog or your own site.
- The Capacity to setup mailing lists so that your customers can Subscribe and remain up to date with your products, and much more.
- Instant digital merchandise shipping via email link to customers.
What I Like About Payhip
Let us get to the details. Following my two year Payhip expertise, Here Is What I love about the ceremony…
Payments Are Instantaneous
Payhip let us your customers pay with PayPal Or from credit/debit card using Stripe, plus they do not pay out monthly/weekly/quarterly or make you wait for them to clear some kind of holding period. When a customer makes a purchase, the cash is immediately available on your accounts, and in case you’ve got the PayPal and also Stripe programs installed on your mobile device, you’ll get notifications each time a sale happens. Digital Ecommerce Platform
I happen to love this. The excitement of Seeing a sale never gets older. In addition, it is good to awake in the morning, reach to your phone, and also see that you made X number of dollars while you were sleeping, and it is all easily available for you to spend. The only caveat to this is Stripe. If your customers pays by card using Stripe, there will be a 3 day hold until the money is available. This is Stripe though — Payhip does not hold your money in any way.
No Monthly Charges
One of the things that Payhip initially sold me on is that there’s no Monthly fees or setup charges — only a simple flat charge of 5 percent per purchase .
This was appealing to me back Since, at the time, my readership was 1/10th of what it is now, and that I wasn’t positive 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 having a small audience, Payhip was the quickest solution that best fit my situation.
Easy To Understand Analytics
Payhip’s back end offers an analytics page That lets you see transactions and earnings quantities relative to this day, month, week, year, or any other given selection. Best of all, it is a report that is really straightforward and to-the-point.
If you used Google Analytics or Facebook analytics, the amount of information you’re instantly smacked in the face can be a bit overwhelming, and a lot of it is mostly useless too. 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 encounter is By creating coupon codes, promotions to conduct.
The codes may be for any percentage you’d Enjoy and for any (or all) products. They could run for any duration you’d like (or even permanently,) along with the code itself may even be customized to whatever string of text you desire.
I have found this to be very useful. Sometimes I will conduct a weekend marketing, place it on Facebook boost the article targeting a pixel re-marketing audience and I don’t fail to go ROI positive with it. People truly do respond well to limited time offers. Digital Ecommerce Platform
Your Own Affiliate Program
Payhip Provides you the capability to let your Readers sign up as an affiliate of your store, and you can award them a commission of whatever percent you would like if someone buys a product with their customized affiliate link.
This is useful since it allows other Men and Women To market your products for you, the commissions paid will be worthwhile and should they have a platform and an audience of their own that they can tap to.
Easy Integration with Email Marketing
You will be if you are into advertising Able to incorporate Payhip along with your email marketing provider so that if a purchase is made, the purchaser’s email address could be added into a listing.
This is relatively minor but I think it’s Pretty cool so I want to give it a reference — if you so desire, you can have Payhip postage the purchaser’s email address to the top left corner of every page of a PDF document they’ve purchased.
So if someone intends to Purchase Your PDF Publication then make it publicly accessible for free somewhere else, they will have to be fine with their private email address being publicly accessible. I think that is a really creative way of deterring pirating.
Upload Many Kinds of Files
Payhip is a marketplace for ebooks — You can upload just about any kind of file. Font documents, video/audio documents, photos, software, etc..
Total Simplicity and Modern Design
One thing that can not be overlooked whenever You’re selling something is your site appears. People generally don’t trust 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’m in an abandoned construction and placing my payment info into it would pretty much be like throwing my money into a black hole.
That’s not true with Payhip though. The Site has a design. This is what you’d expect a checkout page from a business to look like, if you were to purchase a merchandise on the world wide web. Digital Ecommerce Platform
Another thing 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 sale — no self-promotion whatsoever.
Eventually, what I like about Payhip is That customer payment info isn’t stored by them, meaning that your customers’ payment details are secure. The payment is totally managed through Stripe or PayPal, and I prefer it this way as they’re 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 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 mobile app. It’d be convenient to have the ability to start an app while I’m out and about and have a look. The site isn’t optimized for mobile devices, although you do this and can log into the website.
I enjoy Payhip, but that is a very Bad look in 2018. There’s no reason you shouldn’t have a website optimized for mobile, and when you have that, you ought to be able to easily turn the website itself right into it’s own program so users don’t need to manually sign in every time they want to check sales information. Permit users of Payhip experience a 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 ability to suggest Other products. By way of example, if they are purchasing a package of logo templates for $5, I might offer a bundle of business card templates or propose. This is something which sites like Amazon and VistaPrint do.
I can not help but feel as though there’s a Great Deal of money being left on the Table — for myself and Payhip — with no operation. This could improve the Payhip experience for both the vendor and the customer.
Establish On A Fixed Timezone
This one is frivolous, but I’d still Prefer to see it fixed.
Considering that Payhip is located at London, they’ve BST was set to by the working timezone for the website. Since I’m located in the EST, I will occasionally check my stats at 7PM or afterwards and see that I made 0 earnings for the day since Payhip believes it’s midnight and its own data reflects that.
Again, this is mostly a non-issue, however I Would like to observe that the capability to adjust the site to your timezone. Digital Ecommerce Platform
More Flexibility with Coupon Codes
I know I raved about the voucher Code feature earlier, but it’s not quite perfect yet.
As it stands, the promotion You’re able to run via a voucher code is for a percentage off. I’d like to have the ability to supply a dollar amount to set a sale price that is specified.
Right Now, if I want to place a $27 merchandise On sale for $10, I have to break out the calculator and do the math to determine what percent off will render the cost at $10. I think 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 product personal.
- Insert an ISBN (Internation Standard Book Number) to your eBook.
- Upload sample pages or a few preview.
- 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 it cost?
Payhip will Cost you or host your electronic products. The website takes only 5% commission per transaction fee.
Would I Recommend Payhip?
This leaves us with the burning question: after 2+ years as a vendor on Payhip, would you recommend it? Overall, yes. I am a customer, but whether you should use it depends upon your situation.
If you are a blogger with a small audience And you can not justify spending $10+ per month for something like Gumroad, then yes, I would recommend Payhip. However, in case you know that you’ll do at least $ 1,000 in sales each month and sell a merchandise that is high-ticket or have a massive audience, you may want to look into something most cost-efficient.
As of this date of the writing, Payhip functions On a set fee of 5% of every sale. Gumroad’s fee is now 3.5% + $0.30 per transaction + $10 per month.
If you’re going to be promoting less than $1,000 per month in total quantity, the mathematics should (in most cases) favor Payhip. But if you’re selling well into the thousands, you’ll probably need to decide on Gumroad or look into some choice. That is all dependent on the number of transactions it takes to achieve those sales numbers so make certain to crunch the numbers for yourself.
Personally, I absolutely love the Payhip Experience and am thankful for their solutions. I want to see them continue to grow and succeed. Digital Ecommerce Platform