Introduction Digital Goods To Sell Online
Of all the ways of Creating blog Articles, my Strategy is Like studying materials and layout templates, to create and sell electronic products. I’ve discovered that it’s extraordinarily more rewarding than running ads from networks like AdSense, and self-made products convert at a greater rate than an affiliate product that somebody else created. The service I use to facilitate this can be Payhip, and this article I will be discussing what I both like and dislike about the ceremony based on my Payhip experience for a vendor for 2+ years. Digital Goods To Sell Online
My Payhip Expertise
If you have ever wanted to market digital products Through your own website, you’ll want a means to facilitate trades — some kind of infrastructure which will enable a customer to select your goods, cover it, and also have it instantaneously delivered to them with complete hands-off automation. Payhip solves this issue.
What is Payhip?
Payhip is An e-commerce platform/website that gives customers with the easiest tools and solutions for hosting and promoting digital products directly to their clients online.
The Provider Was co-founded by Abs Farah and Kahin Farah and is now based in my capital city of London.
What are the advantages of using Payhip?
Each online Platform is different, and I have used a few of them in the past.
Having A platform that is really easy to use and one that does not require a huge amount of my time is of utmost importance.
Payhip will Save you a great deal of time because everything is cared for on the Payhip platform.
The Advantages that I’ve gained the most from utilizing Payhip include –
- EU VAT is cared for, and it can be a huge plus in my book.
- Affordable. The website takes zero fees asides From 5% per trade when you sell a digital product.
- Accessibility to analytics accounts.
- Access to advertising tools. You have the option to make Social and coupons discounts.
- Capability to signup, manage and reward your own affiliates.
- Access to merchandise sharing programs . Plus you can embed Buy and your merchandise Now buttons right 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 digital goods, and much more.
- Immediate digital merchandise shipping via email link to customers.
What I Like About Payhip
Let’s get to the information. After my two year Payhip expertise, here’s what I love about the service…
Upgrades Are Instantaneous
Payhip let’s your customers pay with PayPal Or from credit/debit card with Stripe, plus they don’t cover monthly/weekly/quarterly or make you wait for them to clear some kind of holding period. When a customer makes a purchase, the money is instantly available on your account, and in case you’ve got the PayPal and Stripe apps installed on your mobile device, you’ll get notifications each time a sale occurs. Digital Goods To Sell Online
I happen to appreciate this. The excitement of Seeing a new sale never gets older. In addition, it is great to wake up in the morning, reach to your telephone, and see that you made X number 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 customers pays by card with Stripe, there’ll be a three day hold before the cash is available. That is all Stripe however — Payhip does not hold your money in any way.
No Monthly Fees
Among those things that Payhip initially sold me on is that there is no Monthly charges or setup charges — only a simple flat charge of 5 percent per purchase .
This was attractive to me back in 2016 Because, at the moment, my readership was 1/10th of what it is now, and I was not positive I was likely to always sell enough product to justify paying a monthly fee to get a similar service like Gumroad. As a relatively new blogger having a little audience, Payhip was the quickest solution that best fit my scenario.
Simple To Understand Analytics
Payhip’s back end Provides an analytics page That lets you see trades and earnings quantities relative to the day, month, week, year, or some other specified range. On top of that, it is a report.
If you used Google Analytics or Facebook analytics, the amount of information you’re instantly smacked in the face with can be a bit overwhelming, and a lot of it is mostly useless too. Payhip just provides 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 The ability to conduct promotions by producing coupon codes.
The codes may be for any percentage you would Enjoy and for any (or all) products. They could run for any length you’d like (or even permanently,) along with the code itself may even be customized to whatever string of text you would like.
I have found this to be somewhat useful. Sometimes I will conduct a weekend promotion, place it on Facebook, then raise the article targeting a pixel audience that is re-marketing and I never fail to go ROI positive with it. People do respond well to limited time offers. Digital Goods To Sell Online
Your Own Affiliate Program
Payhip gives you the capability Readers sign up as an affiliate of your shop, and you can grant whenever someone purchases a product using their custom affiliate link.
This is useful because it allows other people To market your merchandise for you, and should they have a stage and an audience of their own they can tap into, the commissions paid will be well worth it.
Easy Integration with Email Marketing
You will be, if you’re into marketing Able to readily integrate Payhip along with your email marketing provider that is chosen so that if a sale is made, the email address of the purchaser can be added into a listing.
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 stamp 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 Book subsequently make it publicly accessible for free somewhere else, they will need to be fine with their personal email address being available. I believe that is a way of deterring pirating.
Upload Many Sorts of Files
Payhip isn’t Only a market for ebooks — You can upload any sort of file. Font documents, 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. Individuals generally don’t trust sites which look obsolete, myself included. If a website looks like it has not been updated since the net 2.0 days, 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 is not the case with Payhip though. The Site has a simple and very modern layout. This is exactly what you’d expect a checkout page from a trustworthy business to appear like if you were to purchase a product on the internet. Digital Goods To Sell Online
Another thing that I enjoy about Payhip is its In general simplicity. In the very moment a visitor lands on your product page, Payhip remains out of the way. They display your images, sales copy, and just the crucial info (such as price.) They do nothing to interfere with your sale — no self-promotion whatsoever.
Eventually, what I enjoy about Payhip is That they don’t store customer payment info, meaning that your clients’ payment details are safe. The payment is completely managed through Stripe or PayPal, and I prefer it that way because they are successful companies with lots of cash to invest on top-shelf security.
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 service and would like to see improved…
No Mobile App
1 thing that bugs me around Payhip is that They don’t possess a mobile program. It would be convenient to be able to open an app while I am out and about and take a look. You do this and can log into the site, but the site is optimized for mobile devices.
I like Payhip, but this is a very Bad appearance in 2018. There’s no reason you shouldn’t have a site optimized for mobile, and when you have that, you should be able to easily turn the website itself right into it’s own program so users do not have to manually register in each time they want to check sales information. Users of Payhip experience a much better platform when they’re on their devices.
No Upsells or Add-Ons In Checkout
On the checkout page, I’d like to see an added 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, I suggest some other product which could interest them that they previously didn’t know about, or might offer a package of business card templates to get a couple of bucks. This is something that websites 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 myself and Payhip — with no functionality. This could enhance the Payhip encounter for both the customer and the seller.
Set On A Fixed Timezone
This one is frivolous, but I Prefer to see it corrected.
Since Payhip is located at London, they’ve The functioning timezone for the website place to BST. Since I’m located in the EST, I will sometimes check my stats at 7PM or afterwards and see that I left 0 earnings for the day because Payhip thinks it’s midnight and its own information reveals that.
This is a non-issue, but I Would love to see that the ability to adjust the site. Digital Goods To Sell Online
More Flexibility with Coupon Codes
I know I raved about the voucher Code feature but it is not perfect yet.
As it now stands, the promotion You’re able to run through a coupon code is for a percentage off. Ideally, I’d love to have the ability to offer a dollar amount off the original price, or the ability to set a sale price that is specified.
At the moment, if I Need to put a product that is $27 On sale for $10, I have to break out the calculator and do the math to determine what percent off will leave the last cost at $10. I believe this is unnecessary and may be made better.
When creating A new product in Payhip, you have access to innovative alternatives which include —
- Make your merchandise personal.
- Add an ISBN (Internation Standard Book Number) to your eBook.
- Publish a preview or sample pages.
- To how many copies of your product or market could be, Insert a limitation number sold.
- Generate a unique license key for each of your product/eBook revenue.
Just how much does it cost?
Payhip will Cost you nothing or host your digital products. The website takes only 5 percent commission per transaction fee.
Would I Recommend Payhip?
This leaves us with the burning question: after two + years as a seller on Payhip, would you recommend it? Overall, yes. I am very much a satisfied customer, but whether you should use it depends upon your own situation.
If you’re a blogger with a small audience And you can not justify spending $10+ per month for something like Gumroad, then yes, I would absolutely recommend Payhip. But in case you know that you’ll be doing at least $ 1,000 in sales every month and sell a product or have a huge audience, you might want to check into something.
As of this date of the writing, Payhip functions On a flat 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 selling $1,000 per month in total quantity, the mathematics should (in most cases) favor Payhip. But if you are selling well into the thousands, you want to go with Gumroad or start looking into another choice. That is all largely dependent on how many transactions it takes to achieve those sales numbers though, so be sure to crunch the numbers.
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 To Sell Online