Background Digital Products That Sell Well
Of all the ways of Creating Articles that is blog, my favorite Strategy is To create and sell products. I’ve found that it’s extraordinarily more rewarding than running ads from networks like AdSense, and products convert at a much higher speed than an affiliate product that someone else created. The service I use to facilitate this is Payhip, and in this article I’ll be discussing what I like and dislike about the ceremony based in my Payhip expertise as a seller for two + years. Digital Products That Sell Well
My Payhip Expertise
If you wanted to sell products Through your own site, you are going to want a means to facilitate transactions — some sort of infrastructure which will enable a customer to select your product, cover it, and have it instantaneously delivered to them with whole hands-off automation. Payhip solves this issue.
Payhip is An e-commerce platform/website that gives users with the simplest tools and solutions for hosting and selling products to their customers 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 benefits of using Payhip?
Each online Platform differs, and I’ve used a couple of them previously.
For me, having A stage that is simple to use and one that does not require a huge amount of my valuable time is of paramount importance.
Payhip will Save a lot of time also because everything is cared for on the Payhip platform.
The Advantages that I’ve gained the most from utilizing Payhip comprise –
- EU VAT is taken care of, which can be a big plus in my book.
- Affordable. The website takes zero charges asides From 5% per transaction when you sell a product.
- Accessibility to analytics reports.
- Access to marketing tools. You have the option to create Societal and Coupons discounts.
- Ability to signup, manage and reward your affiliates.
- Access to product sharing programs . Plus you can embed Your product and purchase Now buttons right on your site or blog.
- The Capacity to set mailing lists so that your customers can Subscribe and stay current with your products, and more.
- Instant digital merchandise delivery via email link for customers.
What I Like About Payhip
Let’s get to the information. Following my 2+ year Payhip experience, here’s what I love about the service…
Upgrades Are Instantaneous
Payhip let’s your customers pay with PayPal Or by credit/debit card with Stripe, and they do not cover monthly/weekly/quarterly or force you to wait for them to clean some sort of holding period. When a customer makes a purchase, the cash is immediately available in your account, and in case you’ve got the PayPal and Stripe apps installed on your mobile device, you are going to get notifications whenever a sale occurs. Digital Products That Sell Well
I happen to love this. The excitement of Seeing a brand new sale never gets old. In addition, it is good to awake in the morning, reach to your telephone, and also see you made X amount of dollars while you’re sleeping, and it is all easily available for you to spend. The 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. This is Stripe though — Payhip doesn’t hold your cash at all.
No Monthly Charges
Among those things that Payhip initially sold me on is that there is no Monthly fees or installation charges — just a simple flat charge of 5 percent per sale.
This was attractive to me in 2016 Because, at the time, my readership was less than 1/10th of what it’s now, and that I was not positive I was likely to always sell enough product to warrant paying a monthly fee for a similar service such as Gumroad. As a relatively new blogger with a little audience, Payhip was the quickest solution that best fit my scenario.
Easy To Understand Analytics
Payhip’s back end offers an page That lets you view transactions and earnings quantities relative to the day, week, month, year, or any other specified selection. Best of all, it’s a report that is straightforward and to-the-point.
If you used Google Analytics or Facebook analytics, the number of data you are immediately smacked in the face with can be a bit overwhelming, and a lot of it is mostly useless too. Payhip just gives you exactly what you’re there to see — sales data. Nothing more, nothing less.
Run Promotions with Coupon Codes
Another advantage users of Payhip encounter is By creating coupon codes, promotions to run.
The codes can be Enjoy and for any (or all) products. They can run for whatever duration you’d like (or even indefinitely,) along with the code itself can even be customized to whatever string of text you desire.
I have found this to be somewhat useful. Sometimes I will run a weekend promotion, place it on Facebook, then boost the article targeting a pixel audience and I never fail to go ROI positive with it. People really do respond well to limited time offers. Digital Products That Sell Well
Your Own Affiliate Program
Payhip gives you the capability to let your Readers register as an affiliate of your shop, and you are able to award whenever someone purchases a product using their custom affiliate link.
This is useful because it allows people To market your products for you, the commissions paid will be well worthwhile and should they have an audience of their own and a stage they can tap into.
Easy Integration with Email Marketing
You’ll be if you’re into email advertising Able to incorporate Payhip along with your email marketing supplier so that whenever a purchase is made, the buyer’s email address could be added to a selected listing.
This is relatively minor but I think it’s Pretty cool so I wish to give it a reference — if you desire, you’ll have Payhip stamp the purchaser’s email address into 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 available for free they will have to be fine with their personal email address being available. I believe that’s a very creative means of deterring pirating.
Upload Many Kinds of Files
Payhip isn’t just a market for ebooks — You can upload just about any sort of digital file. Font files, video/audio files, photographs, software, etc..
Total Simplicity and Modern Design
1 thing that can not be overlooked whenever You’re selling something is your website appears. Individuals don’t trust myself included. If a site looks like it has not been upgraded since the net 2.0 days, I begin to wonder if perhaps I am in an abandoned building and placing my payment info 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. In the event that you were to buy a digital merchandise on the world wide web, this is what you’d expect a checkout page from a trusted company to appear like. Digital Products That Sell Well
Another thing that I enjoy about Payhip is its In general simplicity. In the a visitor lands on your product page, Payhip stays out of the way. They display your graphics, sales copy, and just the critical info (like price.) They do nothing to interfere with your purchase — no self-promotion whatsoever.
Finally, what I enjoy about Payhip is That customer payment information isn’t stored by them, meaning that your customers’ payment details are safe. The payment is handled through Stripe or PayPal, and I prefer it that way as they’re successful companies with a lot of cash.
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 improved…
No Mobile App
One thing that bugs me about Payhip is that They do not possess a mobile program. It’d be convenient to be able to start an app while I am out and around and take a look through my data. You do so and can log into the website, but the website is optimized for mobile devices.
I enjoy Payhip, but this is a really Bad look in 2018. There’s no reason you should not have a site optimized for mobile, and once you have that, you should 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 experience a better platform when they’re on their devices.
No Upsells or Add-Ons At Checkout
On the checkout page, I would like to see an capability that is added to indicate Other products similar to what the client is about to buy. By way of instance, if they are buying a bundle of logo templates for $5, I could provide a package of business card templates for a few added bucks, or suggest. This is something which websites like VistaPrint and Amazon do very well.
I can’t help but feel as though there is a Great Deal of money Table — for myself and Payhip — with no functionality. This could improve the Payhip experience for both the seller and the client.
Set On A Fixed Timezone
This one is mostly frivolous, but I had still Prefer to see it fixed.
Since Payhip is located in London, they’ve BST was set to by the working timezone for the whole website. Since I am found in the EST, I’ll occasionally check my stats at 7PM or later and see that I left 0 earnings for the day since Payhip thinks it is midnight and its own data reveals that.
This is a non-issue, however I Would like to observe that the capability to correct the site to your timezone. Digital Products That Sell Well
More Flexibility with Coupon Codes
I know I raved about the coupon It is not perfect just yet, although code feature earlier.
As it now stands, the advertising You’re able to run via a voucher code is for a percent off. Ideally, I’d like to have the ability to supply a dollar amount off the cost, or the ability to set a sale price that is predetermined.
At the moment, if I Need to place a merchandise On sale for $10, I must break out the calculator and manually do the math to figure out what percentage off would leave the last price at $10. I think this is unnecessary and may be made better.
When creating A brand new product in Payhip, you also have access to innovative options including —
- 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 eBook can be add a limit amount sold.
- Generate a license key for each of your product/eBook sales.
How much does this cost?
Payhip will Cost you to establish or host your products. The site takes just 5 percent commission per transaction fee.
Would I Recommend Payhip?
This leaves us with the burning question: after two + years as a vendor on Payhip, do you recommend it? Overall, yes. I am a happy customer, but whether you should use it depends upon your situation.
If you are a new blogger with a small audience And you can’t justify spending $10+ a month to get something such as Gumroad, then yes, I would recommend Payhip. However, in case you have a massive audience or sell a high-ticket merchandise and know you’ll be doing at least $1,000 in sales each month, you may want to look into something most cost-efficient.
As of the date of this writing, Payhip works On a set fee of 5 percent of every sale. Gumroad’s fee is currently 3.5% + $0.30 per transaction + $10 a month.
If you’re going to be promoting less than $1,000 per month in total quantity, the mathematics should (typically ) prefer Payhip. But if you are selling into the thousands, you are probably going to need to go with Gumroad or look into some alternative. That is largely dependent on how many transactions it requires to achieve those sales numbers, however, so be certain to crunch the numbers.
Personally, I absolutely love the Payhip Experience and am really thankful for their solutions. I want to see them continue to grow and succeed. Digital Products That Sell Well