Background Digital For Sale
Of All of the ways of monetizing blog Articles, my Strategy is Like learning design templates and materials, to create and sell digital products. I have discovered that it is extraordinarily more rewarding than running advertisements from networks such as AdSense, and products convert at a greater rate compared to an affiliate product that somebody else created. The support I use to facilitate this is Payhip, and in this post I will be sharing what I like and dislike about the ceremony based in my Payhip experience for a seller for 2+ years. Digital For Sale
My Payhip Expertise
If you wanted to market products Through your own website, you are going to need a way to facilitate trades — some sort of infrastructure which will enable a client to select your goods, pay for it, and also have it immediately delivered to them with complete hands-off automation. Payhip solves this issue.
Payhip is An e-commerce platform/website that gives users with the easiest tools and options for hosting and selling products to their customers online.
The company Was co-founded by Abs Farah and Kahin Farah and is now based in my capital city of London.
Which are the benefits of utilizing Payhip?
Each online Platform differs, and I have used a couple of these in the past.
Having A platform that is so easy to use and one that doesn’t require a huge amount of my time that is valuable 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, which can be a big plus in my book.
- Affordable. The site takes zero charges asides From 5 percent per trade when you sell a product.
- Access to analytics reports.
- Access to advertising tools. You have the option to create Societal and coupons discounts.
- Ability to signup, handle and reward your affiliates.
- Access to product sharing programs . Plus it is possible to embed Your product and Buy Now buttons on blog or your website.
- The Capacity to set mailing lists so that your customers can Subscribe and remain current with your products, and much more.
- Immediate digital merchandise shipping via email link to buyers.
What I Like About Payhip
Let’s get to the information. After my two + year Payhip expertise, Here Is What I love about the ceremony…
Payments Are Instantaneous
Payhip let’s your customers pay with PayPal Or from credit/debit card with Stripe, plus they do not cover monthly/weekly/quarterly or force you to wait for them to clean some kind of holding period. When a customer makes a purchase, the money is immediately available on your account, and if you’ve got the PayPal and Stripe programs installed on your mobile device, you’ll get notifications whenever a sale happens. Digital For Sale
I happen to love this. The excitement of Seeing a new sale never gets older. It’s also great to wake up in the morning, reach to your phone, and also see that you made X amount of dollars while you’re sleeping, and it’s all readily available for you to spend. The only caveat to this can be Stripe. If your clients pays by card using Stripe, there will be a 3 day hold before the money is available. This is Stripe though — Payhip does not hold your cash at all.
No Monthly Charges
Among the things that Payhip originally sold me is that there is no Monthly charges or installation charges — just a simple flat fee of 5 percent per purchase .
This was appealing to me back in 2016 Because, at the time, 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 justify paying a monthly fee to get a similar service such as Gumroad. As a relatively new blogger with a small audience, Payhip was the quickest solution that best fit my scenario.
Easy To Know Analytics
Payhip’s back end offers an analytics page That lets you see trades and earnings quantities relative to the day, week, month, year, or any other specified selection. On top of that, it’s a very straightforward and to-the-point report.
If you used Google Analytics or Facebook analytics, the number of data you’re immediately smacked in the face with can be a bit overwhelming, and lots of it’s largely useless also. Payhip just gives you exactly what you’re there to see — sales information. Nothing more, nothing less.
Run Promotions with Coupon Codes
Another advantage users of Payhip encounter is Promotions to run by creating coupon codes.
The codes may be for any percentage you’d Enjoy and for any (or all) products. They could run for whatever duration you’d like (or even permanently,) along with the code itself can even be customized to whatever series of text you desire.
I’ve found this to be very useful. Sometimes I will run a weekend marketing, place it on Facebook, then raise the article targeting a pixel re-marketing audience and I don’t fail to go ROI positive by it. People really do respond well to limited time offers. Digital For Sale
Your Own Affiliate Program
Payhip gives you the ability Readers register as an affiliate of your store, and you can award, whenever someone buys a product using their custom affiliate link.
This is useful since it allows people To sell your products for you, the commissions paid will be well worth it, and should they have a platform and an audience of their own that they can tap into.
Easy Integration with Email Marketing
You will be if you’re into advertising Able to incorporate Payhip along with your email advertising provider so that a purchase is made, the buyer’s email address can be added to a listing that is selected.
This is relatively minor but I think it’s Pretty cool so I want to give it a mention — 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 have purchased.
So if someone plans to buy your PDF Publication subsequently make it publicly accessible for free somewhere else, they will have to be fine with their email address being available as well. I believe that’s a way of deterring pirating.
Upload Many Kinds of Files
Payhip isn’t just a market for ebooks — You can upload any kind of electronic file. Font files, video/audio documents, photos, software, etc..
Overall Simplicity and Modern Design
1 thing that can not be overlooked whenever You’re selling something is how current your site appears. People do not trust myself included. If a site looks like it hasn’t been updated because the net 2.0 times, then I start to wonder if maybe I am in an abandoned building and placing 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 Website has a very modern and simple layout. This is exactly what you’d anticipate a checkout page by a company, In the event that you should buy a digital merchandise on the internet. Digital For Sale
Another thing I enjoy about Payhip is its In general simplicity. From the a visitor lands on your product page, Payhip stays out of the way. They display your images, sales copy, and only the crucial information (such as price.) They do nothing to interfere with your purchase — no self-promotion whatsoever.
Finally, what I enjoy about Payhip is That customer payment information isn’t stored by them, meaning that your customers’ payment details are secure. The payment is managed through Stripe or PayPal, and I prefer it that way because they’re big, successful companies with lots of cash.
What I Dislike About Payhip
As much as I enjoy Payhip, it is far from perfect. Here are some things that I dislike about the ceremony and would like to see improved…
No Mobile App
One thing that bugs me around Payhip is that They do not have a program. It’d be convenient to be able to open an app while I am out and around and have a look through my sales data. The website isn’t optimized for mobile devices, although you may log in to the website and do this.
I enjoy Payhip, but this is a really Bad look in 2018. There’s no reason you should not have a website optimized for mobile, and when you have that, you ought to be able to easily turn the site itself right into it’s own app so users do not have to manually register in every time they want to check sales information. Users of Payhip encounter a 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 added capability to indicate Other products. For instance, if they’re purchasing a package of logo templates for $5, I might provide a bundle of business card templates to get a couple of dollars, or suggest some other product that could interest them that they didn’t know about. 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 Table — for both myself and Payhip — without this operation. This could improve the Payhip experience for both the client and the seller.
Set On A Fixed Timezone
This one is frivolous, but I had still Like to see it fixed.
Since Payhip is located in London, they’ve BST was set to by the timezone for the whole website. Since I’m found in the EST, I’ll sometimes check my stats at 7PM or later and see that I left 0 sales for the day since Payhip thinks it’s midnight and its own information reflects that.
This is a non-issue, however I Would love to observe that the capability to correct the site to your timezone. Digital For Sale
More Flexibility with Coupon Codes
I know I raved about the coupon It’s not perfect yet, although code feature earlier.
As it stands, the sole advertising You’re able to run through a coupon code is to get a percentage off. I’d like to be able to supply a dollar amount to set a sale price that is predetermined.
Right Now, if I want to place a product On sale for $10, manually do the math to determine what percent off would leave the cost and I have to break out the calculator. I believe that is unnecessary and may be improved.
When creating A brand new product in Payhip, you have access to innovative options which include —
- Make your product personal.
- Insert an ISBN (Internation Standard Book Number) for your eBook.
- Publish sample pages or a few preview.
- To how many copies of market or your product could be, add a limitation amount sold.
- Create a license key that is exceptional for each of your product/eBook revenue.
How much does this cost?
Payhip will Cost you nothing or even host your electronic products. The site takes just 5 percent commission per transaction fee.
Can I Recommend Payhip?
This leaves us with the burning question: after 2years as a seller on Payhip, do you recommend it? Overall, yes. I am a happy customer, but whether you should use it depends upon your own situation.
If you are a new blogger with a small audience And you can not justify spending $10+ a month for something like Gumroad, then yes, I would absolutely recommend Payhip. However, if you know you’ll be doing at least $ 1,000 in sales every month and market a product or have a massive audience, you may want to look into something most cost-efficient.
As of this date of this writing, Payhip functions On a flat fee of 5 percent 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 quantity, the mathematics should (typically ) favor Payhip. But if you are selling into the thousands, you are probably going to want to decide on Gumroad or look into some alternative. That is all largely dependent on how many transactions it takes to reach those sales numbers though, so be certain that you crunch the numbers for yourself.
Personally, I love the Payhip Experience and am grateful for their solutions. I want to see them continue to grow and succeed. Digital For Sale