Background Digital Goods Store
Of All of the ways of monetizing Articles that is blog, my favorite method is Such as learning layout templates and materials to make and sell products. I have found that it is extraordinarily more rewarding than running ads from networks like AdSense, and products convert at a much greater rate compared to an affiliate product that somebody else created. The support I use to ease this can be Payhip, and this article I will be sharing what I like and dislike about the ceremony based on my Payhip experience for a vendor for two + years. Digital Goods Store
My Payhip Expertise
If you wanted to market digital products Through your own website, you are going to need a means to facilitate trades — some sort of infrastructure which will enable a customer to select your goods, cover it, and have it immediately delivered to them with whole hands-off automation. Payhip solves this problem.
Payhip is An e-commerce platform/website that gives users with options and the simplest tools for promoting products directly to their customers and hosting 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 using Payhip?
Each online Platform differs, and I have used a few of them in the past.
Having A platform that is simple to use and one that doesn’t take a huge amount of my valuable time is of utmost significance.
Payhip will Save a great deal of time 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, and it can be a big plus in my book.
- Affordable. The site takes zero fees asides From 5 percent per trade when you sell a digital product.
- Accessibility to analytics accounts.
- Access to marketing tools. You have the option to create Social and Coupons discounts.
- Ability to signup, handle and reward your affiliates.
- Access to merchandise sharing programs . Plus it is possible to embed Buy and your merchandise Now buttons right on blog or your website.
- The ability to set mailing lists so that your customers can Subscribe and remain current with your goods, and more.
- Immediate digital product shipping via email link to buyers.
What I Like About Payhip
Let’s get to the details. After my two year Payhip expertise, Here Is What I love about the service…
Upgrades Are Instantaneous
Payhip let us your customers pay with PayPal Or by credit/debit card with Stripe, and they don’t cover monthly/weekly/quarterly or make you wait around for them to clear some kind of holding period. When a client makes a purchase, the cash is immediately available in your account, and if you have the PayPal and also Stripe apps installed on your mobile device, you’ll get notifications each time a sale happens. Digital Goods Store
I happen to appreciate this. The excitement of Seeing a sale never gets old. In addition, it is good to wake up in the morning, reach to your telephone, and also see that you made X number of dollars while you’re sleeping, and it’s all readily available for you to spend. The caveat to this is Stripe. If your clients card with Stripe, there will be a 3 day hold until the money is available. This is all Stripe though — Payhip doesn’t hold your money in any way.
No Monthly Charges
Among those things that Payhip originally sold me on is that there is no Monthly fees or installation charges — just a simple flat fee of 5% per sale.
This was appealing to me back in 2016 Since, at the time, my readership was less than 1/10th of what it’s now, and that I wasn’t positive I was going to always sell enough product to justify paying a monthly fee to get a similar service such as Gumroad. As a relatively new blogger with a little audience, Payhip was the no-risk solution that best match my scenario.
Easy To Understand Analytics
Payhip’s back end offers an analytics page That enables you to view trades and earnings amounts relative to this day, week, month, year, or any other given range. Best of all, it is a straightforward and to-the-point report.
If you used Google Analytics or Facebook analytics, the number of data you’re instantly smacked in the face can be somewhat overwhelming, and lots of it’s largely useless also. 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 encounter is By producing coupon codes, promotions to conduct.
The codes can be Like and for any (or all) products. They can run for any length you want (or even indefinitely,) along with the code itself can even be customized to whatever string of text you desire.
I have found this to be very useful. Occasionally I’ll run a weekend marketing, post it on Facebook raise the post targeting a pixel audience and I never fail to go ROI positive with it. People do respond well to limited time offers. Digital Goods Store
Your Own Affiliate Program
Payhip gives you the capability Readers sign up as an affiliate of your shop, and you can award someone purchases a product with their custom affiliate link.
This is useful because it allows other people To market your products for you, the commissions paid will be worthwhile and if they have a platform and an audience of their own they can tap to.
Easy Integration with Email Marketing
You’ll be if you are into marketing Able to incorporate Payhip along with your email advertising supplier that is chosen so that a purchase is made, the buyer’s email address can be added to a chosen list.
That is relatively minor but I think it’s Pretty cool so I want to give it a reference — if you so desire, you’ll have Payhip postage the buyer’s email address to the upper left corner of every page of a PDF document they’ve purchased.
So if someone plans to buy your PDF Book make it accessible for free somewhere else, they’ll have to be okay with their email address being accessible. I believe that is a means of deterring pirating.
Upload Most Sorts of Files
Payhip is not just a marketplace for ebooks — It’s possible to upload any sort of digital file. Font documents, video/audio files, photographs, software, etc..
Total Simplicity and Modern Design
One thing that can not be overlooked whenever You are selling something is your site looks. People do not trust myself included. If a website looks like it hasn’t been updated because the web 2.0 times, then I begin to wonder if perhaps I’m in an abandoned construction and putting my payment info to it’d pretty much be just like throwing my money into a black hole.
That is not the case with Payhip though. The Site has a very modern and simple layout. This is exactly what you’d expect a checkout page by a company to look like, if you were to purchase a digital product on the internet. Digital Goods Store
Another thing that I like about Payhip is its own In general simplicity. In the a visitor lands on your product page, Payhip remains out of the way. They display your images, sales copy, and only the crucial info (such as price.) They do nothing to interfere with your purchase — no.
Finally, what I actually enjoy about Payhip is That they don’t store customer payment info, meaning your clients’ payment details are secure. The payment is totally handled through PayPal or Stripe, and I prefer it this way because they are successful companies with a lot of money to spend on top-shelf security.
What I Dislike About Payhip
As much as I like Payhip, it is far from perfect. Here are some things that I dislike about the service and would like to see enhanced…
No Mobile App
1 thing that bugs me about Payhip is that They don’t possess a program. It would be convenient to be able to open an app while I am out and around, and have a look during my earnings data. You can log in to the site and do so, but the site isn’t even optimized for mobile devices.
I like Payhip, but that is a very Lousy look in 2018. There is no reason you should not have a website optimized for mobile, and once you have that, you should be able to easily turn the site itself into it’s own program so users do not need to manually register in every time they would like to inspect sales data. Users of Payhip encounter a much better platform when they’re on their devices.
No Upsells or Add-Ons In Checkout
On the checkout page, I would really like to see an ability that is added to suggest Other products. For instance, if they’re buying a package of templates for $5, I could provide a package of business card templates for a few dollars, or propose some other product which could interest them that they previously didn’t know about. This is something which sites like VistaPrint and Amazon do very well.
I can not help but feel as though there’s a Great Deal of money being left on the Table — for both myself and Payhip — with no functionality. This may improve the Payhip encounter for both the customer and the seller.
Set On A Fixed Timezone
This one is largely frivolous, but I Prefer to see it fixed.
Since Payhip is located in London, they’ve The working timezone for the site set to BST. Since I am found in the EST, I’ll sometimes check my stats at 7PM or later and see that I made 0 sales for the day since Payhip thinks it’s midnight and its data reflects that.
Again, this is a non-issue, but I Would love to observe that the capability to adjust the website to your timezone. Digital Goods Store
More Flexibility with Coupon Codes
I know I raved about the voucher Code feature but it’s not quite perfect just yet.
As it stands, the only advertising You can run via a coupon code is to get a percentage off. Ideally, I’d love to be able to supply a dollar amount to set a sale price.
At the moment, if I Need to put a $27 product On sale for $10, manually do the math to figure out what percentage off will render the price and I must break out the calculator. I think this is unnecessary and could be made better.
When creating A brand new product in Payhip, you have access to innovative alternatives which include —
- Make your merchandise private.
- Insert an ISBN (Internation Standard Book Number) to your eBook.
- Publish a sample or preview pages.
- To the number of copies of your product or market can be add a limitation amount sold.
- Generate a unique license key .
Just how much does this cost?
Payhip will Cost you nothing to set up or even host your products. The website takes only 5 percent commission per trade fee.
Would I Recommend Payhip?
This leaves us with the burning question: after 2+ years as a seller on Payhip, would you recommend it? Overall, yes. I am a customer, but whether you should use it depends on your own situation.
If you’re a 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. In case you market a product that is high-ticket or have a huge audience and know that you’ll be doing at least $ 1,000 in sales each month, you may want to check into something.
As of the date of the writing, Payhip functions On a flat fee of 5% of every sale. Gumroad’s fee is currently 3.5% + $0.30 per transaction + $10 per month.
If you are going to be selling less than $1,000 per month in total volume, the mathematics should (in most cases) favor Payhip. But if you’re selling into the thousands, you are probably going to need to go with Gumroad or look into some other alternative. That is largely dependent on how many transactions it requires to reach those sales numbers, however, so make sure that you crunch the numbers on your own.
Personally, I absolutely love the Payhip Experience and am thankful for their services. I want to see them continue to grow and succeed. Digital Goods Store