Introduction Digital Goods To Sell
Of All of the ways of monetizing blog content, my favorite method is Such as studying design templates and materials, to make and sell products. I have found that it’s extraordinarily more profitable than running advertisements and self explanatory products convert at a much greater rate compared to an affiliate product that someone else created. The service I use to ease this can be Payhip, and this article I’ll be sharing what I both like and dislike about the ceremony based in my Payhip experience as a seller for 2+ years. Digital Goods To Sell
My Payhip Expertise
If you’ve ever wanted to sell digital products Through your own site, you’ll need a means to facilitate transactions — some kind of infrastructure that will allow a client to select your product, cover it, and also have it immediately 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 tools and solutions for hosting and promoting products straight to their clients online.
The company Was co-founded by Abs Farah and Kahin Farah and is currently based in my capital city of London.
What are the benefits of utilizing Payhip?
Each online Platform is different, and I’ve used a few of them previously.
Having A stage that is easy to use and one that does not require a massive amount of my precious time is of utmost importance.
Payhip will Save you a great deal of time because everything is taken care of on the Payhip platform.
The Advantages that I’ve gained the most from utilizing Payhip include –
- EU VAT is cared for, which is a big plus in my book.
- Affordable. The site takes zero charges asides From 5 percent per transaction when you sell a item.
- 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 product sharing tools. Plus you can embed Your product and purchase Now buttons on your site or blog.
- The Capacity to set mailing lists so that your customers can Subscribe and stay current with your electronic goods, and much more.
- Instant digital product delivery via email link for customers.
What I Enjoy About Payhip
Let’s get to the information. After my 2+ year Payhip expertise, 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, plus they do not pay out monthly/weekly/quarterly or make you wait around for them to clean some sort of holding period. When a customer makes a purchase, the money is immediately available in your accounts, and in case you have the PayPal and Stripe apps installed on your mobile device, you’ll receive notifications each time a sale occurs. Digital Goods To Sell
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 for your phone, and also see you made X amount of dollars while you’re sleeping, and it is all readily available for you to spend. The caveat to this can be Stripe. If your clients card using Stripe, there will be a three day hold until the money is available. That is Stripe though — Payhip doesn’t hold your cash at all.
No Monthly Fees
Among those things that Payhip originally sold me on is that there is no Monthly charges or installation charges — just a simple flat fee of 5 percent per sale.
This was attractive to me Because, at the time, my readership was 1/10th of what it’s now, and that I wasn’t positive that I was going to consistently sell enough product to warrant paying a monthly fee for a similar service such as Gumroad. As a relatively new blogger having a little crowd, Payhip was the quickest solution that best fit my situation.
Simple To Know Analytics
Payhip’s back end offers an page That enables you to see transactions and earnings quantities relative to this day, week, month, year, or some other specified range. Best of all, it’s a very straightforward and to-the-point report.
If you used Google Analytics or Facebook analytics, the amount of information you are immediately smacked in the face can be a bit overwhelming, and a lot of it’s mostly 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 The ability to conduct promotions.
The codes can be for any percentage you’d Like and for any (or all) products. They could run for whatever length you’d like (or even permanently,) along with the code itself may even be customized to whatever series of text you desire.
I have found this to be somewhat helpful. Sometimes I will conduct a weekend marketing, place it on Facebook boost the article targeting a pixel audience and I don’t fail to go ROI positive by it. People really do respond well to limited time offers. Digital Goods To Sell
Your Own Affiliate Program
Payhip Provides you the ability Readers sign up as an affiliate of your shop, and you are able to grant, someone purchases a product with their customized affiliate link.
This is useful since it allows other Men and Women To market your merchandise for you, and if they have a stage and an audience of their own that they can tap into, the commissions paid will be well worth it.
Easy Integration with Email Marketing
You will be, if you are into marketing Able to easily integrate Payhip along with your preferred email advertising provider so that a sale is made, the email address of the purchaser could be added into a list.
That is minor but I think it’s Pretty cool so I want to give it a mention — if you desire, you’ll have Payhip stamp the purchaser’s email address into the top left corner of each page of a PDF document they have bought.
So if someone intends to Purchase Your PDF Book make it available for free they will need to be fine with their personal email address being publicly available also. I think that is a means of deterring pirating.
Upload Many Kinds of Files
Payhip is not Only a marketplace for ebooks — It’s possible to upload virtually any sort of file. Font files, video/audio documents, photographs, software, etc..
Total Simplicity and Modern Design
1 thing that can’t be overlooked whenever You’re selling something is the way present your site looks. People generally don’t trust myself included. If a site looks like it has not been updated since the web 2.0 days, I start to wonder if perhaps I am in an abandoned construction and placing my payment info to 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 contemporary and simple layout. This is what you would expect a checkout page from a business to appear like, if you were to buy a product on the internet. Digital Goods To Sell
Another thing I like about Payhip is its own Overall simplicity. From the a visitor lands on your product page, Payhip stays 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 purchase — no self-promotion whatsoever.
Finally, what I actually like about Payhip is That they don’t store customer payment info, meaning your clients’ payment details are secure. The payment is handled through PayPal or Stripe, and I prefer it this way because they’re big, successful companies with lots of money to spend on top-shelf security.
What I Dislike About Payhip
As much as I enjoy Payhip, it’s far from perfect. Here are some things that I dislike about the service and would like to see enhanced…
No Mobile App
One thing that bugs me around Payhip is that They do not possess a program. It’d be convenient to have the ability to open an app while I am out and around and have a look. You do this and can log into the site, but the website isn’t optimized for mobile devices.
I like Payhip, but this is a really Lousy appearance in 2018. There is no reason you should not have a site optimized for mobile, and once 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 register in every time they want to check sales data. 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’d like to see an ability that is added to indicate Other products similar to what the customer is about to buy. For instance, if they’re buying a bundle of logo templates for $5, then I suggest, or could provide a package of business card templates for a few added dollars. This is something which sites like VistaPrint and Amazon do very well.
I can’t help but feel as though there is a Great Deal of money being left on the Table — for myself and Payhip — without this operation. This may enhance the Payhip experience for both the client and the vendor.
Set On A Fixed Timezone
This one is mostly frivolous, but I had still Like to see it fixed.
Considering that Payhip is located in London, they have The working timezone for the entire website set to BST. Since I’m located in the EST, I’ll occasionally check my stats at 7PM or afterwards and see that I left 0 earnings for the day since Payhip thinks it is midnight and its information reflects that.
This is mostly a non-issue, but I Would like to see the capability to adjust the site. Digital Goods To Sell
More Flexibility with Coupon Codes
I know I raved about the coupon It is not quite perfect, although code feature earlier.
As it stands, the sole promotion You can run through a voucher code. Ideally, I’d like to have the ability to offer a dollar amount from the cost, or the capability to set a sale price that is specified.
Right Now, if I want to put a $27 merchandise Available for $10, I must break out the calculator and manually do the math to figure out what percent off would leave the price. I believe that is unnecessary and could be made better.
When creating A brand new product in Payhip, you also have access to advanced options which include —
- Make your merchandise private.
- Add an ISBN (Internation Standard Book Number) to your eBook.
- Publish sample pages or a couple of preview.
- To the number of copies of your product or market could be, Insert a limitation amount sold.
- Create a license key for all your product/eBook revenue.
How much does this cost?
Payhip will Cost you to establish or even host your products. The site takes just 5% commission per transaction fee.
Can I Recommend Payhip?
This leaves us with the burning question: after two years as a vendor on Payhip, would you recommend it? Overall, yes. I am very much a happy customer, but whether or not you ought to use it depends on your situation.
If you’re a blogger with a small audience And you can not justify spending $10+ per month to get something like Gumroad, then yes, I would absolutely recommend Payhip. If you know that you’ll be doing at least $ 1,000 in sales every month and market a product or have a massive audience, you might want to check into something.
As of this date of this writing, Payhip functions On a flat fee of 5 percent of each sale. Gumroad’s fee is currently 3.5% + $0.30 per transaction + $10 per month.
If you are going to be selling $1,000 per month in total volume, the math should (typically ) favor Payhip. But if you’re selling into the thousands, you are probably going to want to go with Gumroad or start looking into some alternative. That is mostly dependent on the number of transactions it requires 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 solutions. I would like to see them continue to grow and succeed. Digital Goods To Sell