Intro Digital Product Images
Of all the ways of Creating content, my favorite Strategy is Like studying design templates and materials to make and sell digital products. I have found that it is extraordinarily more profitable than running ads and products convert at a higher speed compared to 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 service based in my Payhip experience for a seller for two + years. Digital Product Images
My Payhip Expertise
If you have ever wanted to sell products Through your own site, you are going to need a way to facilitate transactions — some kind of infrastructure that will allow a customer to select your product, pay for it, and have it instantaneously delivered to them with whole hands-off automation. Payhip solves this problem.
What is Payhip?
Payhip is An that gives users with the tools and solutions for selling electronic products to their customers and hosting 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 advantages of utilizing Payhip?
Each online Platform is different, and I have used a few of these in the past.
Having A stage that is so easy to use and one that doesn’t take a huge amount of my time is of utmost significance.
Payhip will Save you a great deal of time because everything is cared for on the Payhip platform.
The Benefits that I’ve gained the most from utilizing Payhip include –
- EU VAT is cared for, which is a huge plus in my book.
- Affordable. The website takes zero fees asides From 5 percent per transaction when you sell a product.
- Access to analytics reports.
- 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 Buy and your product Now buttons on blog or your website.
- The ability to set mailing lists so that your customers can Subscribe and stay up to date with your goods, and more.
- Immediate digital product shipping via email link to buyers.
What I Enjoy About Payhip
Let us get to the information. After my 2 year Payhip experience, here’s what I love about the service…
Upgrades Are Instantaneous
Payhip let us your customers pay with PayPal Or from credit/debit card using Stripe, and they do not pay out monthly/weekly/quarterly or force you to wait for them to clear some sort of holding period. When a client makes a purchase, the cash is immediately available in your account, and if you’ve got the PayPal and also Stripe programs installed on your mobile device, you’ll receive notifications whenever a sale occurs. Digital Product Images
I happen to love this. The excitement of Seeing a sale that is brand new never gets older. It’s also good to wake up in the morning, reach to your phone, and also see that you made X amount of dollars while you were sleeping, and it’s all readily available for you to spend. The only caveat to this can be Stripe. If your clients pays by card using Stripe, there will be a three day hold until the cash is available. That is Stripe though — Payhip doesn’t hold your cash in any way.
No Monthly Fees
Among the things that Payhip initially sold me is that there’s no Monthly fees or setup charges — just a simple flat charge of 5% per sale.
This was attractive to me in 2016 Because, at the moment, my readership was less than 1/10th of what it’s now, and I wasn’t positive that I was likely to always sell enough product to justify paying a monthly fee for a similar service like Gumroad. As a relatively new blogger having a little crowd, Payhip was the no-risk solution that best fit my scenario.
Easy To Know Analytics
Payhip’s back end Provides an page That lets you see transactions and earnings amounts relative to the day, month, week, year, or any other specified range. On top of that, it is a report.
If you used Google Analytics or Facebook analytics, the amount of data you’re instantly smacked in the face with can be somewhat overwhelming, and lots of it is largely useless also. Payhip just provides you what you’re there to see — sales data. Nothing more, nothing less.
Run Promotions with Coupon Codes
Another benefit users of Payhip experience is By creating coupon codes promotions to conduct.
The codes may be for almost any percentage you would Enjoy and for any (or all) products. They could run for whatever length you want (or even indefinitely,) and the code itself may even be customized to whatever string of text you desire.
I’ve found this to be somewhat helpful. Sometimes I will run a weekend promotion, place it on Facebook boost the post targeting a pixel audience that is re-marketing and I don’t fail to go ROI positive with it. People truly do respond to limited time offers. Digital Product Images
Your Own Affiliate Program
Payhip gives you the ability Readers sign up as an affiliate of your shop, and someone purchases a product using their custom affiliate link, you can grant them a commission of whatever percentage you would like.
This is useful since it allows other Men and Women To market your merchandise and if they have a platform and an audience of their own that they can tap to, the commissions paid will be well worth it.
Easy Integration with Email Marketing
You’ll be, if you are into advertising Able to easily integrate Payhip along with your chosen email advertising provider so that a sale is made, the buyer’s email address can be added into a listing that is chosen.
That is small but I think it’s Pretty cool so I wish to give it a reference — if you desire, you’ll have Payhip stamp the buyer’s email address into the upper left corner of each page of a PDF document they have purchased.
So if someone plans to Purchase Your PDF Publication then make it available for free they will have to be fine with their email address being accessible. I think that is a way of deterring pirating.
Upload Many Sorts of Files
Payhip is not just a market for ebooks — It’s possible to upload just about any kind 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 the way present your site looks. Individuals don’t trust myself included. If a website looks like it hasn’t been updated since the net 2.0 times, then I start to wonder if maybe I’m in an abandoned construction and putting my payment information to it’d pretty much be like throwing my money into a black hole.
That is not the case with Payhip though. The Site has a layout that is easy and very modern. This is what you’d anticipate a checkout page from a trustworthy company, In the event that you were to buy a product on the world wide web. Digital Product Images
Another thing I like about Payhip is its Overall simplicity. From the a visitor lands on your product page, Payhip remains out of the way. They display your images, sales copy, and just the critical information (such as price.) They do nothing to interfere with your sale — no.
Finally, what I really like about Payhip is That customer payment information isn’t stored by them, meaning your clients’ payment details are safe. The payment is managed through PayPal or Stripe, and I prefer it this way as they’re successful companies with a lot of cash to spend 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 don’t have a mobile app. It would be convenient to be able to open an app and have a look during my earnings data while I’m out and about. You may log in to the site and do this, but the site isn’t even optimized for mobile devices.
I enjoy Payhip, but that is a really Bad appearance in 2018. There’s 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 app so users do not have to manually sign in each time they want to check sales information. Let users of Payhip experience a platform when they are on their mobile devices.
No Upsells or Add-Ons In Checkout
On the checkout page, I’d really like to see an capability that is Extra to indicate Other products similar to what the customer is about to purchase. By way of instance, if they are buying a package of logo templates for $5, then I might provide a package of business card templates to get a few dollars, or propose some other similar product that may interest them that they didn’t know about. This is something that websites like Amazon and VistaPrint do.
I can’t help but feel like there’s a lot of money being left on the Table — for both myself and Payhip — with no functionality. This may enhance the Payhip experience for both the customer and the seller.
Set On A Fixed Timezone
This one is frivolous, but I’d still Prefer to see it fixed.
Since Payhip is located in London, they have The timezone for the site place to BST. Since I am found in the EST, I will occasionally check my stats at 7PM or later and see that I made 0 earnings for the day since Payhip thinks it is midnight and its information reveals that.
This is a non-issue, but I Would like to observe the capability to correct the website. Digital Product Images
More Flexibility with Coupon Codes
I know I raved about the coupon It is not perfect just yet, although code feature earlier.
As it currently stands, the promotion You can run through a voucher code is to get a percentage off. Ideally, I’d like to be able to supply a dollar amount off the original price, or the ability to set a predetermined sale price.
Right Now, if I Need to put a $27 product Available for $10, I must break out the calculator and do the math to determine what percentage off would render the cost. I think that is unnecessary and may be improved.
When creating A brand new product in Payhip, you have access to advanced alternatives which include —
- Make your merchandise private.
- Insert an ISBN (Internation Standard Book Number) for your eBook.
- Upload a couple of preview or sample pages.
- To how many copies of your product or eBook can be Insert a limit number sold.
- Create a license key that is exceptional .
How much does this cost?
Payhip will Cost you nothing or even host your products. The website takes just 5 percent commission per transaction fee.
Can I Recommend Payhip?
This leaves us with the burning question: after 2years as a seller on Payhip, do you recommend it? Overall, yes. I am a happy customer, but whether or not you ought to use it depends upon your 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 recommend Payhip. If you know you’ll be doing at least $ 1,000 in sales every month and sell a merchandise that is high-ticket or have a huge audience, you may want to look into something most cost-efficient.
As of the date of this writing, Payhip functions On a set fee of 5% of every sale. Gumroad’s fee is now 3.5% + $0.30 per transaction + $10 a month.
If you are going to be promoting less than $1,000 per month in total volume, the mathematics should (in most cases) favor Payhip. But if you’re selling well into the thousands, you are probably going to want to go with Gumroad or start looking into some choice. That is largely dependent on the number of transactions it takes to achieve those sales numbers so be certain to crunch the numbers on your own.
Personally, I love the Payhip Expertise and am very grateful for their solutions. I would like to see them continue to grow and succeed. Digital Product Images