Background Digital Products To Sell On Shopify
Of all the ways of monetizing blog Articles, my method is Such as learning materials and design templates to make and sell digital products. I have discovered that it is extraordinarily profitable than running advertisements from networks such as AdSense, and products convert at a higher speed than an affiliate product that somebody else created. The support I use to ease this can be Payhip, and this post 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 Products To Sell On Shopify
My Payhip Experience
If you wanted to sell products Through your own website, you are going to want a way to facilitate trades — some sort of infrastructure that will allow a client to select your product, pay for it, and also have it instantaneously delivered to them with complete hands-off automation. Payhip solves this issue.
Payhip is An that provides users with the tools and solutions for hosting and selling digital products straight to their clients 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’ve used a few of these previously.
For me, having A platform that is really easy to use and one that doesn’t require a massive amount of my time is of utmost significance.
Payhip will Save a great deal of time because everything is taken care of on the Payhip platform.
The Benefits that I’ve gained the most from using Payhip include –
- EU VAT is cared for, and it can be a big plus in my book.
- Affordable. The website takes zero fees asides From 5 percent per trade when you sell a digital product.
- Access to analytics reports.
- Access to marketing tools. You have the option to create Coupons and societal discounts.
- Ability to signup, manage and reward your own affiliates.
- Access to product sharing programs . Plus it is possible to embed Your merchandise and purchase Now buttons directly on blog or your own website.
- The Capacity to set mailing lists so that your customers can Subscribe and remain current with your goods, and more.
- Immediate digital merchandise shipping via email link for buyers.
What I Like About Payhip
Let’s get to the information. Following my two + year Payhip expertise, Here Is What I love about the service…
Upgrades Are Instantaneous
Payhip let us your customers pay with PayPal Or by credit/debit card with Stripe, plus they don’t pay out monthly/weekly/quarterly or make you wait for them to clean some sort of holding period. When a client makes a purchase, the cash is instantly available in your account, and in case you have the PayPal and also Stripe apps installed on your mobile device, you are going to receive notifications each time a sale occurs. Digital Products To Sell On Shopify
I happen to appreciate this. The excitement of Seeing a new sale never gets old. In addition, it is good to wake up in the morning, reach to your phone, and also see you made X amount of dollars while you’re sleeping, and it is 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 until the money is available. That is Stripe though — Payhip does not hold your money at all.
No Monthly Charges
Among those things that Payhip initially sold me is that there’s no Monthly fees or installation charges — only a simple flat charge of 5% per purchase .
This was attractive to me back Because, at the moment, my readership was 1/10th of what it is now, and I wasn’t positive that I was going to always sell enough product to warrant paying a monthly fee to get a similar service like Gumroad. As a relatively new blogger with a small audience, Payhip was the no-risk solution that best match my situation.
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 given range. On top of that, it’s a very simple and to-the-point report.
If you used Google Analytics or Facebook analytics, the amount of information you are immediately smacked in the face with can be somewhat overwhelming, and lots of it is largely useless too. Payhip just gives you exactly what you are there to see — revenue data. Nothing more, nothing less.
Run Promotions with Coupon Codes
Another advantage users of Payhip encounter is By producing coupon codes, promotions to conduct.
The codes may be Like and for any (or all) products. They can run for whatever duration you want (or even indefinitely,) and the code itself can even be customized to whatever string of text you would like.
I’ve found this to be very helpful. Occasionally I’ll conduct a weekend promotion, place it on Facebook raise the article targeting a pixel re-marketing audience and I never fail to go ROI positive with it. People do respond well to limited time offers. Digital Products To Sell On Shopify
Your Own Affiliate Program
Payhip Provides you the capability Readers register as an affiliate of your shop, and you can award them a commission of whatever percentage you’d like, someone buys a product using their customized affiliate link.
This is useful since it allows other Men and Women To market your products the commissions paid will be well worth it and should they have an audience of their own and a platform that they can tap to.
Easy Integration with Email Marketing
If you’re into email advertising, you’ll be Able to easily integrate Payhip with your email marketing supplier so that a purchase is made, the purchaser’s email address can be added to a listing.
This is small but I think it’s Pretty cool so I want to give it a reference — if you desire, you can have Payhip postage the purchaser’s email address into the top left corner of every page of a PDF document they have purchased.
So if someone intends to Purchase Your PDF Publication make it publicly available for free they’ll have to be fine with their email address being available. I think that’s a really creative way of deterring pirating.
Upload Many Sorts of Files
Payhip is a marketplace for ebooks — You can upload virtually any kind of digital file. Font files, video/audio documents, photos, software, etc..
Total Simplicity and Modern Design
One thing that can’t be overlooked whenever You are selling something is your website appears. Individuals don’t trust myself included. If a website looks like it has not been updated since the web 2.0 days, I start to wonder if perhaps I’m in an abandoned building and putting my payment info into it’d pretty much be just like throwing my money into a black hole.
That is not the case with Payhip though. The Website has a layout that is very contemporary and simple. This is what you’d expect a checkout page from a trusted company, if you were to buy a product on the world wide web. Digital Products To Sell On Shopify
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 graphics, sales copy, and just the critical information (like price.) They do nothing to interfere with your purchase — no.
Eventually, what I like about Payhip is That customer payment information isn’t stored by them, meaning your customers’ payment details are safe. The payment is completely handled through Stripe or PayPal, and I prefer it that way as they’re successful companies with lots of money.
What I Dislike About Payhip
As much as I enjoy Payhip, it’s far from perfect. Here are some items that I dislike about the ceremony and would like to see enhanced…
No Mobile App
One 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 website isn’t optimized for mobile devices, although you do this and may log into the site.
I like Payhip, but that is a very Bad appearance in 2018. There’s no reason you shouldn’t have a site optimized for mobile, and when you’ve got that, you should be able to easily turn the website itself into it’s own app so users do not need to manually sign in every time they want to check sales data. Users of Payhip experience a better platform when they are on their devices.
No Upsells or Add-Ons At Checkout
On the checkout page, I’d really like to see an capability to suggest Other products similar to what the client is going to purchase. For instance, if they’re buying a bundle of templates for $5, I suggest some other similar product that could interest them they previously didn’t know about, or could provide a package of business card templates for a couple of added bucks. This is something which sites like VistaPrint and Amazon do very well.
I can not help but feel like there’s a lot of money Table — for both myself and Payhip — with no operation. This could enhance the Payhip experience for both the seller and the client.
Establish On A Fixed Timezone
This one is frivolous, but I Prefer to see it corrected.
Since Payhip is located in London, they’ve BST was set to by The functioning timezone for the site. Since I am located in the EST, I will occasionally check my stats at 7PM or later and see that I made 0 sales for the day because Payhip thinks it is midnight and its own data reflects that.
This is mostly a non-issue, but I Would like to see the ability to adjust the website to your timezone. Digital Products To Sell On Shopify
More Flexibility with Coupon Codes
I know I raved about the coupon Code feature but it’s not perfect.
As it currently stands, the promotion You can run through a voucher code. Ideally, I’d love to have the ability to supply a dollar amount to set a sale price that is predetermined.
At the moment, if I Need to put a product On sale for $10, do the math to figure out what percent off would leave the last price at $10 and I have to break out the calculator. I believe that is unnecessary and could be made better.
When creating A brand new product in Payhip, you have access to advanced alternatives which include —
- Make your merchandise personal.
- Add an ISBN (Internation Standard Book Number) for your eBook.
- Publish a sample or preview pages.
- To the number of copies of eBook or your product could be add a limit amount sold.
- Generate a exceptional license key .
Just how much does this cost?
Payhip will Cost you nothing or host your products. The site takes only 5 percent commission per trade fee.
Can I Recommend Payhip?
This leaves us with the burning question: after 2years as a vendor on Payhip, do you recommend it? Overall, yes. I am very much a client, but whether you ought to use it depends on your situation.
If you are a new blogger with a small audience And you can not justify spending $10+ per month to get something like Gumroad, then yes, I would absolutely recommend Payhip. If you know you’ll do at least $ 1,000 in sales every month and sell a product that is high-ticket or have a massive audience, you might want to look into something most cost-efficient.
As of the date of this writing, Payhip functions On a flat fee of 5% of each 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 math should (in most cases) favor Payhip. But if you’re selling into the thousands, you want to decide on Gumroad or start looking into some choice. This is all dependent on the number of transactions it takes to achieve those sales numbers so be sure that you crunch the numbers.
Personally, I love the Payhip Experience and am thankful for their services. I want to see them continue to grow and succeed. Digital Products To Sell On Shopify