Intro Digital Goods Online
Of All of the ways of Creating blog Articles, my favorite method is Like studying layout templates and materials to make and sell electronic products. I’ve discovered that it’s extraordinarily more rewarding than running advertisements 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 in this article I will be sharing what I like and dislike about the ceremony based in my Payhip experience as a vendor for 2+ years. Digital Goods Online
My Payhip Experience
If you have ever wanted to market digital products Through your own site, you’ll need a way to facilitate transactions — some sort of infrastructure that will allow a customer to select your goods, pay for it, and have it instantaneously delivered to them with complete hands-off automation. Payhip solves this problem.
Payhip is An e-commerce platform/website that gives users with the tools and solutions for hosting and selling products to their clients online.
The company Was co-founded by Abs Farah and Kahin Farah and is now based in my capital city of London.
What are the benefits of using Payhip?
Each online Platform differs, and I’ve used a couple of these in the past.
Having A stage that is really simple to use and one that doesn’t require a huge amount of my time is of paramount significance.
Payhip will Save a lot of time too because everything is cared for on the Payhip platform.
The Advantages that I’ve gained the most from utilizing Payhip include –
- EU VAT is taken care of, which is a big plus in my book.
- Affordable. The site takes zero charges asides From 5% per trade when you sell a item that is digital.
- Access to analytics reports.
- Access to advertising tools. You have the option to make Social and coupons discounts.
- Capability to signup, handle and reward your own affiliates.
- Access to product sharing tools. Plus you can embed Your product and purchase Now buttons on your own website or blog.
- The ability to setup mailing lists so that your customers can Subscribe and remain up to date with your electronic products, and more.
- Instant digital product shipping via email link to customers.
What I Like About Payhip
Let us get to the details. Following my 2+ year Payhip experience, here’s what I love about the ceremony…
Payments Are Instantaneous
Payhip let’s your customers pay with PayPal Or from credit/debit card using Stripe, and they don’t pay out monthly/weekly/quarterly or make you wait around for them to clear some sort of holding period. When a client makes a purchase, the money is instantly available in your account, and in case you’ve got the PayPal and Stripe programs installed on your mobile device, you’ll get notifications whenever a sale happens. Digital Goods Online
I happen to appreciate this. The excitement of Seeing a brand new sale never gets older. In addition, it is great to wake up in the morning, reach for your telephone, and also see that you made X amount of dollars while you were sleeping, and it is all readily available for you to spend. The only caveat to this is Stripe. If your clients card with Stripe, there’ll be a 3 day hold until the money is available. That is Stripe though — Payhip does not hold your money at all.
No Monthly Fees
One of those things that Payhip initially sold me on is that there’s no Monthly charges or setup charges — just a simple flat charge of 5 percent per sale.
This was attractive to me in 2016 Because, at the moment, my readership was less than 1/10th of what it is now, and I was not 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 with a small audience, Payhip was the no-risk solution that best fit my situation.
Simple To Know Analytics
Payhip’s back end offers an analytics page That lets you see transactions and earnings quantities relative to the day, month, week, year, or any other specified selection. Best of all, it’s a report.
If you used Google Analytics or Facebook analytics, the number of data you are immediately smacked in the face with can be somewhat overwhelming, and a lot of it is mostly useless also. Payhip just gives you what you’re there to view — sales information. Nothing more, nothing less.
Run Promotions with Coupon Codes
Another advantage users of Payhip experience is By producing coupon codes promotions to run.
The codes may be for any percentage you’d Enjoy and for any (or all) products. They can run for any duration you want (or even indefinitely,) along with the code itself may even be customized to whatever series of text you desire.
I have found this to be very helpful. Occasionally I will conduct a weekend promotion, post it on Facebook raise the post targeting a pixel audience that is re-marketing and I don’t fail to go ROI positive with it. People really do respond well to limited time offers. Digital Goods Online
Your Own Affiliate Program
Payhip gives you the ability to let your Readers register as an affiliate of your store, and you can award them a commission of whatever percent you would like someone purchases a product with their custom affiliate link.
This is useful because it allows other people To sell your merchandise for you, and if they have a stage and an audience of their own that they can tap to, the commissions paid will be worth it.
Easy Integration with Email Marketing
You’ll be if you’re into email marketing Able to readily incorporate Payhip along with your email marketing supplier that is preferred so that if a purchase is made, the purchaser’s email address can be added to a listing.
This is relatively minor but I think it’s Pretty cool so I want to give it a reference — if you desire, you can have Payhip postage the buyer’s email address into the top left corner of each page of a PDF document they have purchased.
So if someone plans to Purchase Your PDF Book subsequently make it publicly available for free they’ll have to be fine with their personal email address being accessible also. I think that’s a creative means of deterring pirating.
Upload Most Sorts of Files
Payhip is a market for ebooks — You can upload any kind of file. Font files, video/audio files, photos, software, etc..
Total Simplicity and Modern Design
1 thing that can not be overlooked whenever You’re selling something is your website appears. Individuals generally do not trust sites which appear outdated, myself included. If a site looks like it has not been updated because the web 2.0 days, I begin to wonder if perhaps 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 Site has a layout that is simple and very contemporary. This is what you’d anticipate a checkout page by a trusted business, if you were to purchase a digital product on the internet. Digital Goods Online
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 graphics, sales copy, and only the crucial info (like price.) They do nothing to interfere with your sale — no self-promotion whatsoever.
Eventually, what I really like about Payhip is That they do not store customer payment information, meaning that your customers’ payment details are secure. The payment is completely managed through Stripe or PayPal, and I prefer it this way as they are successful companies with lots of money to invest on security.
What I Dislike About Payhip
As much as I like 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
1 thing that bugs me about Payhip is that They do not have a program. It’d be convenient to be able to start an app and have a look while I am out and around. The website is optimized for mobile devices, although you do this and may log into the site.
I enjoy Payhip, but that is a very Lousy look in 2018. There’s no reason you should not have a site optimized for mobile, and when you have that, you should be able to easily turn the website itself into it’s own program so users do not need to manually sign in every time they would like to check sales data. Permit users of Payhip experience a platform when they are on their cellular devices.
No Upsells or Add-Ons In Checkout
On the checkout page, I would like to see an capability to indicate Other products. If they’re buying a package of templates for $5, I could offer a package of business card templates or propose. This is something which sites like Amazon and VistaPrint do.
I can not help but feel like there is a Great Deal of money being left on the Table — for both myself and Payhip — with no operation. This may enhance the Payhip encounter for both the seller and the client.
Set On A Fixed Timezone
This one is mostly frivolous, but I’d still Like to see it corrected.
Since Payhip is located at London, they have The functioning timezone for the whole site place to BST. Since I am located in the EST, I will occasionally check my analytics at 7PM or later and see that I made 0 sales for the day since Payhip thinks it’s midnight and its own information reveals that.
This is a non-issue, however I Would like to see the ability to correct the website to your timezone. Digital Goods Online
More Flexibility with Coupon Codes
I know I raved about the coupon It is not perfect just yet, although code feature earlier.
As it stands, the advertising You’re able to run via a voucher code. I’d like to be able to offer a dollar amount to set a sale price that is predetermined.
Right Now, if I Need to put a $27 merchandise Available for $10, I have to break out the calculator and do the math to determine what percent off would leave the last cost. I think this is unnecessary and could be improved.
When creating A brand new product in Payhip, you have access to advanced alternatives including —
- Make your product personal.
- Add an ISBN (Internation Standard Book Number) for your eBook.
- Upload a couple of sample or preview pages.
- Add a limitation number to the number of copies of eBook or your product could be sold.
- Create a license key that is unique for each of your product/eBook sales.
How much does it cost?
Payhip will Cost you nothing to establish or host your products. The site takes just 5 percent commission per trade fee.
Would I Recommend Payhip?
This leaves us with the burning question: after two years as a vendor on Payhip, do you recommend it? Total, yes. I am a client, but whether 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 to get something such as Gumroad, then yes, I would absolutely recommend Payhip. But if you know that you’ll do at least $ 1,000 in sales each month and sell a merchandise or have a massive audience, you may want to check into something.
As of the date of this writing, Payhip functions On a set fee of 5 percent of every sale. Gumroad’s fee is currently 3.5% + $0.30 per transaction + $10 per month.
If you’re going to be promoting less than $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 want to go with Gumroad or look into some other alternative. This is all largely dependent on the number of transactions it takes to achieve those sales numbers though, so be certain to crunch the numbers.
Personally, I absolutely love the Payhip Experience and am really grateful for their services. I want to see them continue to grow and succeed. Digital Goods Online