Introduction Digital Product Sale
Of all the ways of Creating blog Articles, my favorite Strategy is Such as learning layout templates and materials to create and sell digital products. I’ve found that it’s extraordinarily more profitable than running advertisements from networks like AdSense, and products convert at a higher speed than an affiliate product that somebody else created. The service I use to ease this is Payhip, and this article I will be sharing what I both like and dislike about the ceremony based in my Payhip expertise as a seller for 2+ years. Digital Product Sale
My Payhip Experience
If you’ve ever wanted to market products Through your own site, you’ll need a way to facilitate trades — some kind of infrastructure that will allow a customer to select your goods, cover it, and have it instantaneously delivered to them with complete hands-off automation. Payhip solves this problem.
Payhip is An e-commerce platform/website that provides customers with solutions and the tools for selling products directly to their clients and hosting online.
The company Was co-founded by Abs Farah and Kahin Farah and is now based in my capital city of London.
Which are the benefits of utilizing Payhip?
Each online Platform differs, and I have used a few of them in the past.
Having A stage that is so simple to use and one that does not take a massive amount of my time that is precious is of paramount importance.
Payhip will Save a great deal of time too because everything is taken care of on the Payhip platform.
The Benefits that I’ve gained the most from utilizing Payhip comprise –
- EU VAT is taken care of, which is a huge plus in my book.
- Affordable. The site takes zero fees asides From 5 percent per transaction when you sell a product that is digital.
- Accessibility to analytics reports.
- Access to advertising tools. You have the option to make Coupons and societal discounts.
- Capability to signup, manage and reward your own affiliates.
- Access to merchandise sharing tools. Plus it is possible to embed Your merchandise and Buy Now buttons right on your website or blog.
- The ability to set mailing lists so that your clients can Subscribe and remain up to date with your products, and more.
- Instant digital product shipping via email link to buyers.
What I Enjoy About Payhip
Let’s get to the details. After my 2+ year Payhip expertise, Here Is What I really like about the service…
Upgrades Are Instantaneous
Payhip let us your customers pay with PayPal Or from credit/debit card with Stripe, plus they don’t cover monthly/weekly/quarterly or force you to wait around for them to clear some sort of holding period. When a client makes a purchase, the money is immediately available on your accounts, and if you have the PayPal and Stripe programs installed on your mobile device, you’ll receive notifications whenever a sale happens. Digital Product Sale
I happen to appreciate this. The excitement of Seeing a sale that is new never gets older. It’s also great to wake up in the morning, reach for your phone, and see that you made X amount of dollars while you’re 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 money is available. That is all Stripe though — Payhip doesn’t hold your money in any way.
No Monthly Charges
One of the things that Payhip initially sold me on is that there is no Monthly charges or installation charges — only a simple flat fee of 5 percent per purchase .
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 I was not positive I was likely to consistently sell enough product to warrant paying a monthly fee for a similar service like Gumroad. As a relatively new blogger with a little audience, Payhip was the quickest solution that best fit my situation.
Simple To Know Analytics
Payhip’s back end offers an analytics page That enables you to view transactions and earnings quantities relative to the day, week, month, year, or some other given selection. On top of that, it is a very straightforward and to-the-point report.
If you used Google Analytics or Facebook analytics, the amount of data you’re instantly smacked in the face can be a bit overwhelming, and lots of it’s largely useless too. Payhip just provides you exactly what you’re there to view — sales data. Nothing more, nothing less.
Run Promotions with Coupon Codes
Another advantage users of Payhip encounter is By creating coupon codes promotions to conduct.
The codes may be Enjoy and for any (or all) products. They could run for any length you want (or even permanently,) 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’ll run a weekend promotion, post it on Facebook, then raise the post targeting a pixel audience that is re-marketing and I never fail to go ROI positive with it. People really do respond to limited time offers. Digital Product Sale
Your Own Affiliate Program
Payhip Provides you the capability to let your Readers register as an affiliate of your shop, and you are able to award them a commission of whatever percent you would like, someone buys a product using their customized affiliate link.
This is useful because it allows other people To market your merchandise the commissions paid will be worthwhile, and should they have a stage and an audience of their own they can tap to.
Easy Integration with Email Marketing
If you are into email advertising, you’ll be Able to integrate Payhip with your email advertising provider that is chosen so that a sale is made, the email address of the purchaser can be added to a list.
That is small 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 to the top left corner of every page of a PDF document they’ve purchased.
So if someone plans to buy your PDF Publication make it publicly available for free somewhere else, they will have to be fine with their email address being accessible also. I believe that’s a means of deterring pirating.
Upload Most Kinds of Files
Payhip is a market for ebooks — It’s possible to upload any sort of file. Font documents, video/audio documents, photos, software, etc..
Total Simplicity and Modern Design
One thing that can not be overlooked whenever You’re selling something is your site appears. People don’t trust myself included. If a website looks like it hasn’t been updated since the net 2.0 times, then I begin to wonder if perhaps I’m in an abandoned construction and placing my payment info into it would pretty much be just like throwing my money into a black hole.
That’s not the case with Payhip though. The Site has a easy and very modern design. This is what you’d expect a checkout page by a business to look like In the event that you were to buy a digital merchandise on the world wide web. Digital Product Sale
Another thing that I enjoy about Payhip is its own In general simplicity. From the very second 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 absolutely nothing to interfere with your purchase — no.
Eventually, what I enjoy about Payhip is That they don’t store customer payment information, meaning that your customers’ payment details are safe. The payment is completely handled through PayPal or Stripe, and I prefer it that way as they are big, successful companies with a lot of money.
What I Dislike About Payhip
As much as I like Payhip, it is far from perfect. Here are some items that I dislike about the service and would like to see enhanced…
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 have a look. The site isn’t even optimized for mobile devices, although you may log into the site and do so.
I like Payhip, but this is a really Lousy appearance in 2018. There’s no reason you should not have a website optimized for mobile, and when you’ve got that, you ought to be able to easily turn the website itself into it’s own program so users don’t need to manually sign in each time they would like to check sales information. Users of Payhip encounter a better platform when they are on their devices.
No Upsells or Add-Ons At Checkout
On the checkout page, I’d like to see an capability to suggest Other products. If they are buying a bundle of logo templates for $5, I might provide a bundle of business card templates or propose some other product which may interest them that they didn’t know about. This is something which websites like Amazon and VistaPrint do.
I can not help but feel like there is a lot of money Table — for myself and Payhip — without this operation. This may enhance the Payhip encounter for both the client and the vendor.
Set On A Fixed Timezone
This one is mostly frivolous, but I’d still Like to see it fixed.
Considering that Payhip is located at London, they have The functioning timezone for the entire site set to BST. Since I’m found in the EST, I’ll sometimes check my stats at 7PM or later and see that I left 0 sales for the day since Payhip believes it’s midnight and its data reflects that.
Again, this is a non-issue, but I Would like to see that the capability to correct the website to your timezone. Digital Product Sale
More Flexibility with Coupon Codes
I know I raved about the voucher Code feature but it’s not perfect just yet.
As it currently stands, the only advertising You’re able to run via a voucher code is to get a percentage off. Ideally, I’d love to be able to offer a dollar amount off the initial cost, or the capability to set a sale price that is predetermined.
At the moment, if I Need to put a merchandise that is $27 Available for $10, I have to break out the calculator and do the math to determine what percent off would render the cost at $10. I believe that is unnecessary and may be made better.
When creating A new product in Payhip, you also have access to innovative options including —
- Make your merchandise private.
- Insert an ISBN (Internation Standard Book Number) to your eBook.
- Upload sample pages or a couple of preview.
- Insert a limit number to how many copies of eBook or your product could be sold.
- Create a license key that is unique for all your product/eBook sales.
How much does it cost?
Payhip will Cost you or even host your electronic products. The website takes only 5% commission per trade fee.
Would I Recommend Payhip?
This leaves us with the burning question: after 2years as a seller on Payhip, do you recommend it? Total, yes. I am a client, but whether or not you ought to use it depends on your own situation.
If you are a new blogger with a small audience And you can not justify spending $10+ a month to get something such as Gumroad, then yes, I would recommend Payhip. In case you know you’ll do at least $ 1,000 in sales every month and market a product that is high-ticket or have a huge audience, you may want to look into something.
As of this date of the writing, Payhip functions On a set fee of 5 percent of every sale. Gumroad’s fee is now 3.5% + $0.30 per transaction + $10 a month.
If you are going to be selling $1,000 per month in total quantity, the math should (in most cases) prefer Payhip. But if you are selling into the thousands, you want to decide on Gumroad or start looking into another choice. This is all largely dependent on the number of transactions it takes to reach those sales numbers so be certain to crunch the numbers on your own.
Personally, I absolutely love the Payhip Expertise and am thankful for their solutions. I want to see them continue to grow and succeed. Digital Product Sale