Introduction Digital Seal Maker
Of all the ways of monetizing content that is blog, my favorite Strategy is Like studying design templates and materials to create and sell products. I’ve found that it is extraordinarily profitable than running ads from networks such as AdSense, and self explanatory products convert at a greater speed compared to an affiliate product that someone else created. The service I use to facilitate this is Payhip, and in this post I’ll be discussing what I like and dislike about the ceremony based on my Payhip experience as a vendor for 2+ years. Digital Seal Maker
My Payhip Expertise
If you wanted to sell digital products Through your own site, you are going to want a means to facilitate trades — some kind of infrastructure which will enable a customer to select your product, cover it, and also have it instantaneously delivered to them with whole hands-off automation. Payhip solves this problem.
What is Payhip?
Payhip is An that provides users with the tools and solutions for hosting and selling electronic products straight to their customers online.
The Provider Was co-founded by Abs Farah and Kahin Farah and is currently based in my capital city of London.
Which are the benefits of utilizing Payhip?
Each online Platform differs, and I’ve used a couple of them previously.
Having A platform that is really easy to use and one that does not require a huge amount of my time that is precious is of utmost significance.
Payhip will Save you a lot of time because everything is taken care of on the Payhip platform.
The Advantages that I’ve gained the most from utilizing Payhip comprise –
- EU VAT is cared for, and it is a huge plus in my book.
- Affordable. The website takes zero fees asides From 5% per trade when you sell a product.
- Access to analytics accounts.
- Access to advertising tools. You have the option to make Coupons and social discounts.
- Capability to signup, handle and reward your affiliates.
- Access to product sharing programs . Plus you can embed Buy and your product Now buttons on your site or blog.
- The Capacity to setup mailing lists so that your clients can Subscribe and stay current with your products, and much more.
- Immediate digital merchandise shipping via email link to customers.
What I Enjoy About Payhip
Let us get to the information. After my 2+ year Payhip experience, Here Is 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 do not cover monthly/weekly/quarterly or make you wait for them to clear some sort of holding period. When a client makes a purchase, the money is immediately available on your accounts, and in case you have the PayPal and Stripe apps installed on your mobile device, you’ll get notifications whenever a sale happens. Digital Seal Maker
I happen to love this. The excitement of Seeing a sale never gets old. In addition, it is great to awake in the morning, reach to your telephone, and see that you made X amount of dollars while you were sleeping, and it is all readily available for you to spend. The caveat to this is Stripe. If your customers card using Stripe, there’ll be a three day hold until the cash is available. This is Stripe though — Payhip doesn’t hold your money in any way.
No Monthly Fees
Among the things that Payhip originally sold me is that there’s no Monthly charges or setup charges — just a simple flat fee of 5 percent per purchase .
This was appealing to me back Because, at the moment, my readership was 1/10th of what it’s now, and that I was not positive that I was likely to always sell enough product to warrant paying a monthly fee for a similar service like Gumroad. As a relatively new blogger having a small audience, Payhip was the no-risk solution that best match my scenario.
Easy To Understand Analytics
Payhip’s back end offers an analytics page That lets you see transactions and earnings amounts relative to this day, month, week, year, or some other given selection. Best of all, it is a report.
If you used Google Analytics or Facebook analytics, the number of data you’re instantly smacked in the face with can be a bit overwhelming, and a lot of it is largely useless too. Payhip just provides you exactly what you’re there to see — sales information. 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 for almost any percentage you’d Like and for any (or all) products. They can run for any duration you’d like (or even indefinitely,) and the code itself can even be customized to whatever series of text you would like.
I’ve found this to be very helpful. Sometimes I’ll run a weekend marketing, post it on Facebook raise the article targeting a pixel audience that is re-marketing and I never fail to go ROI positive by it. People really do respond well to limited time offers. Digital Seal Maker
Your Own Affiliate Program
Payhip gives you the capability Readers register as an affiliate of your shop, and someone buys a product with their customized affiliate link, you can grant them a commission of whatever percentage you would like.
This is useful because it allows other people To sell your merchandise for you, the commissions paid will be well worthwhile and if they have an audience of their own and a platform they can tap to.
Easy Integration with Email Marketing
You will be, if you are into email marketing Able to readily incorporate Payhip with your preferred email advertising provider so that if a purchase is made, the email address of the purchaser can be added into a selected listing.
This is relatively small but I think it’s Pretty cool so I want to give it a mention — if you desire, you can have Payhip postage the purchaser’s email address to the top left corner of each page of a PDF document they’ve purchased.
So if someone plans to buy your PDF Book make it available for free somewhere else, they will have to be okay with their email address being publicly available as well. I believe that’s a creative way of deterring pirating.
Upload Many Sorts of Files
Payhip is not Only a marketplace 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 the way current your site appears. People generally don’t trust sites that look outdated, myself included. If a site looks like it has not been updated since the web 2.0 times, then I begin to wonder if perhaps I’m in an abandoned building and putting my payment info into it would pretty much be like throwing my money into a black hole.
That’s not the case with Payhip though. The Website has a design. This is what you’d anticipate a checkout page by a company to appear like, if you should buy a product on the world wide web. Digital Seal Maker
Another thing that I enjoy about Payhip is its own Overall simplicity. In the a visitor lands on your product page, Payhip remains out of the way. They display your images, sales copy, and just the crucial information (like price.) They do absolutely nothing to interfere with your sale — no self-promotion whatsoever.
Finally, what I really enjoy about Payhip is That they do not store customer payment info, meaning your clients’ payment details are secure. The payment is totally handled through Stripe or PayPal, and I prefer it that way because they’re 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 things that I dislike about the ceremony and would like to see enhanced…
No Mobile App
One thing that bugs me about Payhip is that They do not have a program. It would be convenient to have the ability to start an app while I’m out and about and take a look through my data. You can log into the site and do this, but the site is 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 website itself right into it’s own app so users do not need to manually sign in every time they would like to check sales data. Permit 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 would really like to see an ability to suggest Other products. If they are purchasing a bundle of logo templates for $5, then I propose, or could offer a package of business card templates for a couple of bucks. This is something which websites like VistaPrint and Amazon do.
I can’t help but feel as though there’s a Great Deal of money being left on the Table — for myself and Payhip — with no functionality. This may enhance the Payhip experience for both the vendor and the client.
Set On A Fixed Timezone
This one is largely frivolous, but I Prefer to see it corrected.
Considering that Payhip is located in London, they have The timezone for the whole site set to BST. Since I am located in the EST, I’ll sometimes check my stats at 7PM or afterwards and see that I left 0 sales for the day since Payhip believes it’s midnight and its information reflects that.
This is largely a non-issue, but I Would like to observe the ability to correct the site to your own timezone. Digital Seal Maker
More Flexibility with Coupon Codes
I know I raved about the coupon Code feature but it is not perfect.
As it stands, the advertising You can run via a voucher code is for a percent off. Ideally, I’d like to be able to supply a dollar amount to set a sale price that is specified.
Right Now, if I want to put a product that is $27 Available for $10, manually do the math to figure out what percentage off will render the cost and I must break out the calculator. I think this is unnecessary and may be improved.
When creating A new product in Payhip, you have access to advanced options which include —
- Make your merchandise private.
- Add an ISBN (Internation Standard Book Number) for your eBook.
- Upload sample pages or a preview.
- Add a limit number to how many copies of your product or eBook can be sold.
- Create a license key that is exceptional for each of your product/eBook revenue.
How much does this cost?
Payhip will Cost you nothing to establish or even host your electronic products. The site 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 satisfied client, but whether you should use it depends on your own situation.
If you’re a blogger with a small audience And you can not justify spending $10+ per month for something such as Gumroad, then yes, I would recommend Payhip. However, if you sell a product that is high-ticket or have a huge audience and know that you’ll be doing at least $ 1,000 in sales each month, you might want to check into something most cost-efficient.
As of the date of this writing, Payhip works On a set fee of 5 percent of each sale. Gumroad’s fee is now 3.5% + $0.30 per transaction + $10 per month.
If you are going to be selling $1,000 per month in total quantity, the mathematics should (in most cases) prefer Payhip. But if you are selling well into the thousands, you’ll probably need to decide on Gumroad or start looking into another alternative. That is mostly dependent on the number of transactions it requires to achieve those sales numbers so be certain to crunch the numbers on your own.
Personally, I love the Payhip Experience and am thankful for their services. I want to see them continue to grow and succeed. Digital Seal Maker