Background Digital Online Service
Of All of the ways of monetizing Articles, my favorite method is Like learning materials and design templates to make and sell products. I’ve found that it’s extraordinarily more rewarding than running ads and products convert at a greater rate compared to an affiliate product that somebody else created. The service I use to facilitate this can be Payhip, and in this article I’ll be sharing what I both like and dislike about the service based on my Payhip experience as a seller for two + years. Digital Online Service
My Payhip Expertise
If you’ve ever wanted to sell products Through your own website, you’ll need a way to facilitate transactions — some sort of infrastructure which will enable a client to select your goods, cover it, and also have it immediately delivered to them with whole hands-off automation. Payhip solves this problem.
What is Payhip?
Payhip is An e-commerce platform/website that provides customers with options and the tools for promoting products to their customers and hosting online.
The Provider Was co-founded by Abs Farah and Kahin Farah and is now based in my capital city of London.
Which are the advantages of utilizing Payhip?
Each online Platform is different, and I’ve used a couple of these in the past.
Having A platform that is simple to use and one that doesn’t take a huge amount of my time is of paramount importance.
Payhip will Save a great deal of time too because everything is cared for on the Payhip platform.
The Advantages that I’ve gained the most from using Payhip include –
- EU VAT is taken care of, and it can be a huge plus in my book.
- Affordable. The site takes zero charges asides From 5% per transaction when you sell a item that is digital.
- Accessibility to analytics reports.
- Access to marketing tools. You have the option to create Societal and Coupons discounts.
- Capability to signup, handle and reward your affiliates.
- Access to product sharing tools. Plus you can embed Your product and Buy Now buttons directly on your own site or blog.
- The Capacity to set mailing lists so that your clients can Subscribe and stay up to date with your products, and more.
- Instant digital merchandise shipping via email link for buyers.
What I Like About Payhip
Let us get to the details. 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 by credit/debit card using Stripe, and they do not pay out monthly/weekly/quarterly or make you wait for them to clean some kind of holding period. When a client makes a purchase, the money is instantly available on your account, and if you’ve got the PayPal and also Stripe apps installed on your mobile device, you’ll receive notifications whenever a sale happens. Digital Online Service
I happen to love this. The excitement of Seeing a sale that is new never gets older. It’s also great to wake up in the morning, reach to your telephone, and see you made X number of dollars while you’re sleeping, and it’s all easily available for you to spend. The only caveat to this can be Stripe. If your customers pays by card with Stripe, there will be a 3 day hold before the cash is available. This is Stripe however — Payhip doesn’t hold your money at all.
No Monthly Charges
Among 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% per purchase .
This was attractive to me back in 2016 Since, at the moment, my readership was less than 1/10th of what it’s now, and I wasn’t 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 with a small audience, Payhip was the quickest solution that best fit my scenario.
Easy To Understand Analytics
Payhip’s back end Provides an analytics page That lets you see trades and earnings amounts relative to this day, month, week, year, or some other given range. Best of all, it’s a report that is to-the-point and really simple.
If you used Google Analytics or Facebook analytics, the number of information you are instantly smacked in the face with can be a bit overwhelming, and lots of it is largely useless too. Payhip just gives you what you are there to view — sales information. Nothing more, nothing less.
Run Promotions with Coupon Codes
Another benefit users of Payhip experience is By producing coupon codes, promotions to conduct.
The codes can be for almost any percentage you’d Like and for any (or all) products. They can run for whatever length you want (or even permanently,) along with the code itself may even be customized to whatever string of text you would like.
I’ve found this to be helpful. Occasionally I will conduct a weekend marketing, post it on Facebook raise the post targeting a pixel audience and I don’t fail to go ROI positive by it. People do respond well to limited time offers. Digital Online Service
Your Own Affiliate Program
Payhip Provides you the ability Readers register as an affiliate of your shop, and you can award them a commission of whatever percent you’d like if someone buys a product using their custom affiliate link.
This is useful since it allows other Men and Women To sell your products for you, the commissions paid will be worth it and if they have a platform and an audience of their own they can tap to.
Easy Integration with Email Marketing
If you’re into email advertising, you will be Able to readily integrate Payhip along with your email advertising supplier that is preferred so that a purchase is made, the buyer’s email address can be added into a list that is chosen.
This is minor but I think it’s Pretty cool so I want to give it a reference — if you desire, you’ll have Payhip postage the buyer’s email address to the upper left corner of every page of a PDF document they have bought.
So if someone plans to Purchase Your PDF Book make it publicly available for free somewhere else, they’ll have to be fine with their private email address being accessible. I believe that is a creative means of deterring pirating.
Upload Many Sorts of Files
Payhip isn’t Only a marketplace for ebooks — It’s possible to upload any sort of file. Font documents, video/audio files, photographs, software, etc..
Total Simplicity and Modern Design
One thing that can not be overlooked whenever You’re selling something is your site looks. Individuals generally do not trust myself included. If a site looks like it hasn’t been updated since the net 2.0 times, then I start to wonder if perhaps I am in an abandoned construction and putting my payment info into it’d pretty much be like throwing my money into a black hole.
That’s not true with Payhip though. The Site has a layout that is easy and very modern. This is what you’d expect a checkout page from a trustworthy business In the event that you should purchase a digital merchandise on the internet. Digital Online Service
Another thing I like about Payhip is its own In general simplicity. In the second a visitor lands on your product page, Payhip stays out of the way. They display your graphics, sales copy, and only the critical info (like price.) They do nothing to interfere with your purchase — no.
Eventually, what I like about Payhip is That they don’t store customer payment information, meaning your clients’ payment details are safe. 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 is far from perfect. Here are some items that I dislike about the ceremony and would like to see improved…
No Mobile App
One thing that bugs me about Payhip is that They do not have a app. It’d be convenient to be able to start an app and have a look during my data while I’m out and around. The site is optimized for mobile devices, although you do so and may log in to the website.
I enjoy Payhip, but this is a really Bad appearance in 2018. There’s no reason you shouldn’t have a website optimized for cellular, and when you’ve got that, you ought to be able to easily turn the website itself into it’s own app so users do not need to manually register in each time they want to check sales information. Permit users of Payhip encounter a much better platform when they are on their devices.
No Upsells or Add-Ons In Checkout
On the checkout page, I would like to see an added capability to suggest Other products. If they are buying a package of logo templates for $5, I suggest some other product which may interest them they didn’t know about, or could provide a package of business card templates for a couple of dollars. This is something that websites like VistaPrint and Amazon do.
I can’t help but feel as though there is a lot of money being left on the Table — for myself and Payhip — without this functionality. This could improve the Payhip encounter for both the client and the seller.
Establish On A Fixed Timezone
This one is mostly frivolous, but I Like to see it corrected.
Since Payhip is located in London, they’ve The working timezone for the site place to BST. Since I am located in the EST, I’ll occasionally check my analytics at 7PM or later and see that I made 0 earnings for the day because Payhip thinks it is midnight and its data reflects that.
This is largely a non-issue, however I Would like to observe the ability to adjust the site. Digital Online Service
More Flexibility with Coupon Codes
I know I raved about the coupon It is not quite perfect, although Code attribute earlier.
As it stands, the promotion You can run via a coupon code. Ideally, I’d like to have the ability to supply a dollar amount off the cost, or the capability to set a sale price.
At the moment, if I Need to place a product that is $27 Available for $10, I must break out the calculator and manually do the math to figure out what percentage off would leave the last price. I think that is unnecessary and could be made better.
When creating A new product in Payhip, you also have access to innovative options which include —
- Make your product personal.
- Add an ISBN (Internation Standard Book Number) for your eBook.
- Publish sample pages or a preview.
- Add a limitation number to the number of copies of market or your product can be sold.
- Generate a unique license key for all your product/eBook revenue.
How much does this cost?
Payhip will Cost you or even host your products. The website takes just 5% commission per transaction fee.
Can I Recommend Payhip?
This leaves us with the burning question: after 2years as a vendor on Payhip, would you recommend it? Total, yes. I am very much a client, but whether or not you should use it depends on your situation.
If you are a blogger with a small audience And you can not justify spending $10+ a month to get 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 each month and sell a merchandise that is high-ticket or have a massive audience, you may want to check into something most cost-efficient.
As of this date of the writing, Payhip functions On a set fee of 5 percent of each 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 a month in total quantity, the mathematics 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 choice. That is largely dependent on the number of transactions it requires to achieve those sales numbers, however, so be sure that you crunch the numbers.
Personally, I love the Payhip Expertise and am very thankful for their services. I want to see them continue to grow and succeed. Digital Online Service