Intro Digital Products To Sell On Ebay
Of All of the ways of Creating content that is blog, my Strategy is Like learning materials and layout templates, to create and sell products. I have found that it is extraordinarily more rewarding than running ads from networks such as AdSense, and self-made products convert at a much greater speed compared to an affiliate product that somebody else created. The service I use to ease this can be Payhip, and in this article I’ll be discussing what I both like and dislike about the ceremony based in my Payhip expertise as a vendor for 2+ years. Digital Products To Sell On Ebay
My Payhip Experience
If you have ever wanted to sell digital products Through your own website, you’ll want a way to facilitate transactions — some kind of infrastructure which will enable a customer to select your product, cover it, and also have it instantaneously delivered to them with complete hands-off automation. Payhip solves this issue.
Payhip is An that gives users with the tools and solutions for promoting products to their customers and hosting 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 advantages of utilizing Payhip?
Each online Platform differs, and I’ve used a few of them in the past.
For me, having A platform that is easy to use and one that doesn’t take a huge amount of my time that is precious is of utmost importance.
Payhip will Save you a lot of time 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 cared for, which can be a big plus in my book.
- Affordable. The site takes zero charges asides From 5 percent per trade when you sell a product.
- Accessibility to analytics accounts.
- Access to marketing tools. You have the option to create Coupons and social discounts.
- Capability to signup, handle and reward your own affiliates.
- Access to merchandise sharing programs . Plus you can embed Buy and your merchandise Now buttons on your site or blog.
- The ability to set mailing lists so that your customers can Subscribe and remain current with your goods, and more.
- Instant digital merchandise delivery via email link to buyers.
What I Like About Payhip
Let us get to the information. Following my 2+ year Payhip expertise, here’s what I love about the ceremony…
Upgrades Are Instantaneous
Payhip let us your customers pay with PayPal Or from credit/debit card with Stripe, plus they don’t pay out monthly/weekly/quarterly or force you to wait around for them to clean some kind of holding period. When a client makes a purchase, the money is instantly available in your account, and in case you’ve got the PayPal and also Stripe apps installed on your mobile device, you’ll get notifications each time a sale occurs. Digital Products To Sell On Ebay
I happen to love this. The excitement of Seeing a sale never gets old. It’s also great to wake up in the morning, reach for your phone, and also see you made X number of dollars while you’re sleeping, and it is all readily available for you to spend. The only caveat to this can be Stripe. If your clients card with Stripe, there will be a 3 day hold before the cash is available. This is all Stripe though — Payhip doesn’t hold your cash in any way.
No Monthly Charges
One of those things that Payhip originally sold me on is that there is no Monthly fees or setup charges — just a simple flat charge of 5 percent per purchase .
This was attractive to me Since, at the time, my readership was less than 1/10th of what it’s now, and that I was not positive that I was likely to consistently sell enough product to justify paying a monthly fee for a similar service such as Gumroad. As a relatively new blogger with a little crowd, Payhip was the no-risk solution that best fit my scenario.
Simple To Know Analytics
Payhip’s back end Provides an analytics page That enables you to view trades and earnings amounts relative to this day, month, week, year, or any other specified range. On top of that, it’s a to-the-point and simple report.
If you used Google Analytics or Facebook analytics, the number of information you’re instantly smacked in the face with can be a bit overwhelming, and a lot of it’s mostly useless too. Payhip just gives you exactly what you are there to view — revenue data. Nothing more, nothing less.
Run Promotions with Coupon Codes
Another benefit users of Payhip experience is By creating coupon codes promotions to run.
The codes may be Enjoy and for any (or all) products. They could run for whatever length you’d like (or even indefinitely,) and the code itself may even be customized to whatever string of text you desire.
I have found this to be helpful. Occasionally I will conduct a weekend promotion, post 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 well to limited time offers. Digital Products To Sell On Ebay
Your Own Affiliate Program
Payhip Provides you the capability to let your Readers sign up as an affiliate of your store, and whenever someone buys a product you are able to award them a commission of whatever percentage you’d like.
This is useful since it allows other people To sell your merchandise the commissions paid will be well worthwhile, and should they have a stage and an audience of their own that they can tap to.
Easy Integration with Email Marketing
You will be if you are into marketing Able to easily incorporate Payhip with your email marketing provider that is preferred so that whenever a purchase is made, the email address of the purchaser could be added into a listing.
This is relatively minor but I think it’s Pretty cool so I want to give it a mention — if you so desire, you’ll have Payhip stamp the buyer’s email address into the top left corner of each page of a PDF document they have bought.
So if someone intends to buy your PDF Publication subsequently make it publicly available for free they will have to be okay with their private email address being publicly available as well. I think that’s a way of deterring pirating.
Upload Most Sorts of Files
Payhip is not just a market for ebooks — It’s possible to upload just about any sort of file. Font files, video/audio files, photos, software, etc..
Total Simplicity and Modern Design
1 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 because the net 2.0 days, I begin to wonder if perhaps I am in an abandoned construction and putting my payment information into it’d pretty much be just like throwing my money into a black hole.
That’s not true with Payhip though. The Website has a layout that is simple and very contemporary. This is exactly what you’d anticipate a checkout page by a company to appear like In the event that you should purchase a merchandise on the world wide web. Digital Products To Sell On Ebay
Another thing I like about Payhip is its In general simplicity. In the a visitor lands on your product page, Payhip remains out of the way. They display your images, sales copy, and only the crucial information (like price.) They do nothing to interfere with your sale — no self-promotion whatsoever.
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 handled through Stripe or PayPal, and I prefer it this way as they’re successful companies with a lot of money to invest 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
1 thing that bugs me around Payhip is that They don’t have a app. It would be convenient to be able to start an app while I’m out and around, and take a look through my sales data. You may log into the site and do so, but the site isn’t even optimized for mobile devices.
I like Payhip, but that is a really Lousy appearance in 2018. There’s no reason you should not have a website optimized for cellular, and when you have that, you ought to be able to easily turn the site itself into it’s own program so users do not have to manually register in every time they would like to check sales data. Users of Payhip experience a platform when they’re on their devices.
No Upsells or Add-Ons At Checkout
On the checkout page, I’d like to see an Extra ability to suggest Other products. If they are purchasing a bundle of logo templates for $5, then I could offer a bundle of business card templates to get a couple of added bucks, or propose. This is something which websites like VistaPrint and Amazon do.
I can not help but feel as though there is a lot of money being left on the Table — for both myself and Payhip — with no functionality. This may improve the Payhip experience for both the seller and the client.
Establish On A Fixed Timezone
This one is frivolous, but I had still Like to see it corrected.
Since Payhip is located at London, they’ve BST was set to by the working timezone for the whole website. Since I’m located in the EST, I’ll sometimes check my analytics at 7PM or afterwards and see that I made 0 sales for the day since Payhip believes it’s midnight and its own data reveals that.
This is largely a non-issue, however I Would like to observe that the capability to adjust the website to your own timezone. Digital Products To Sell On Ebay
More Flexibility with Coupon Codes
I know I raved about the coupon It’s not perfect, although code feature earlier.
As it stands, the only advertising You can run through a voucher code. I’d love to have the ability to offer a dollar amount off the original cost, or the ability to set a predetermined sale price.
Right Now, if I Need to put a product On sale for $10, manually do the math to figure out what percentage off will render the price at $10 and I have to break out the calculator. I think that is unnecessary and may be made better.
When creating A brand new product in Payhip, you have access to advanced alternatives which include —
- Make your merchandise private.
- Add an ISBN (Internation Standard Book Number) for your eBook.
- Upload a sample or preview pages.
- To the number of copies of your product or market could be, add a limit amount sold.
- Create a unique license key for each of your product/eBook revenue.
How much does it cost?
Payhip will Cost you nothing to establish or host your products. The site takes only 5 percent commission per transaction fee.
Can I Recommend Payhip?
This leaves us with the burning question: after 2+ years as a seller on Payhip, do you recommend it? Total, yes. I am very much a client, but whether or not you should use it depends upon your own situation.
If you are a new blogger with a small audience And you can not justify spending $10+ a month for something such as Gumroad, then yes, I would recommend Payhip. If you have a massive audience or market a high-ticket product and know that you’ll be doing at least $1,000 in sales every month, you might want to check into something most cost effective.
As of this date of the writing, Payhip works On a flat fee of 5 percent of each sale. Gumroad’s fee is currently 3.5% + $0.30 per transaction + $10 a month.
If you are going to be selling $1,000 a month in total quantity, the mathematics should (typically ) favor Payhip. But if you’re selling into the thousands, you want to go with Gumroad or start looking into some other alternative. That is largely dependent on how many transactions it requires to achieve those sales numbers though, so be sure that you crunch the numbers.
Personally, I love the Payhip Expertise and am really grateful for their services. I would like to see them continue to grow and succeed. Digital Products To Sell On Ebay