Intro Digital Self Image Definition
Of All of the ways of monetizing blog Articles, my Strategy is Like learning materials and design templates to create and sell products. I’ve found that it’s extraordinarily rewarding than running advertisements from networks such as AdSense, and products convert at a significantly greater speed compared to an affiliate product that someone else created. The support I use to ease this is Payhip, and in this post I will be discussing what I like and dislike about the ceremony based in my Payhip experience as a seller for two + years. Digital Self Image Definition
My Payhip Expertise
If you wanted to sell products Through your own website, you’ll want a way to facilitate trades — some kind of infrastructure that will allow a customer to select your product, cover it, and have it immediately delivered to them with whole hands-off automation. Payhip solves this issue.
Payhip is An e-commerce platform/website that provides users with options and the tools for promoting digital products 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’ve used a few of them in the past.
Having A platform that is easy to use and one that doesn’t require a huge amount of my time is of utmost significance.
Payhip will Save you a lot of time too because everything is cared for on the Payhip platform.
The Advantages that I’ve gained the most from utilizing Payhip include –
- EU VAT is cared for, and it can be a big plus in my book.
- Affordable. The website takes zero charges asides From 5 percent per trade when you sell a item that is digital.
- Access to analytics reports.
- Access to marketing tools. You have the option to make Coupons and social discounts.
- Capability to signup, manage and reward your own affiliates.
- Access to merchandise sharing tools. Plus it is possible to embed Buy and your product Now buttons right on your own site or blog.
- The Capacity to set mailing lists so that your clients can Subscribe and remain current with your goods, and much more.
- Immediate digital product shipping via email link for buyers.
What I Enjoy About Payhip
Let’s get to the details. Following my 2+ year Payhip experience, here’s what I really like about the ceremony…
Payments Are Instantaneous
Payhip let’s your customers pay with PayPal Or from credit/debit card using Stripe, plus they do not cover monthly/weekly/quarterly or make you wait around for them to clear some sort of holding period. When a customer makes a purchase, the cash is immediately available in your accounts, and if you have the PayPal and Stripe programs installed on your mobile device, you are going to get notifications each time a sale happens. Digital Self Image Definition
I happen to love this. The excitement of Seeing a sale never gets older. It’s also great to awake in the morning, reach to your telephone, and see that you made X number of dollars while you were sleeping, and it’s all easily available for you to spend. The only caveat to this is Stripe. If your clients pays by card with Stripe, there’ll be a 3 day hold until the cash is available. That is all Stripe however — Payhip does not hold your money at all.
No Monthly Charges
Among the things that Payhip originally sold me is that there is no Monthly fees or setup charges — just a simple flat charge of 5% per purchase .
This was appealing to me Because, at the moment, 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 justify paying a monthly fee for a similar service like Gumroad. As a relatively new blogger having a little audience, Payhip was the no-risk solution that best match my scenario.
Easy To Understand Analytics
Payhip’s back end Provides an page That lets you view transactions and earnings amounts relative to this day, month, week, year, or any other given selection. On top of that, it’s a to-the-point and straightforward report.
If you have used Google Analytics or Facebook analytics, the amount of information you are instantly smacked in the face with can be a bit overwhelming, and a lot of it’s largely useless too. Payhip just provides you what you’re there to view — 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 length you’d like (or even permanently,) and the code itself can even be customized to whatever series of text you desire.
I have found this to be very helpful. Occasionally I will conduct a weekend marketing, place it on Facebook raise the article targeting a pixel re-marketing audience and I never fail to go ROI positive by it. People do respond to limited time offers. Digital Self Image Definition
Your Own Affiliate Program
Payhip Provides you the ability Readers sign up as an affiliate of your store, and someone purchases a product you are able to grant them a commission of whatever percent you’d like.
This is useful since it allows other Men and Women To market your merchandise the commissions paid will be well worth it, and if they have a stage and an audience of their own they can tap to.
Easy Integration with Email Marketing
If you are into advertising, you’ll be Able to easily incorporate Payhip with your email advertising supplier that is preferred so that whenever a sale is made, the purchaser’s email address could be added to a list.
This is relatively minor but I think it’s Pretty cool so I want to give it a reference — if you desire, you can have Payhip stamp the purchaser’s email address to the upper left corner of every page of a PDF document they’ve bought.
So if someone intends to Purchase Your PDF Publication make it publicly available for free somewhere else, they will need to be fine with their private email address being accessible. I believe that’s a very creative means of deterring pirating.
Upload Many Kinds of Files
Payhip is a market for ebooks — It’s possible to upload just about any kind of file. Font files, video/audio files, photos, software, etc..
Overall Simplicity and Modern Design
One thing that can not be overlooked whenever You are selling something is your site looks. Individuals generally do not trust websites which appear obsolete, myself included. If a site looks like it has not been upgraded because the net 2.0 times, then I begin to wonder if maybe I’m in an abandoned building and putting my payment information into it would pretty much be like throwing my money into a black hole.
That is not true with Payhip though. The Website has a design that is simple and very contemporary. In the event that you should purchase a digital merchandise this is exactly what you’d expect a checkout page from a company. Digital Self Image Definition
Another thing I like about Payhip is its In general simplicity. In the very second a visitor lands on your product page, Payhip stays out of the way. They display your graphics, sales copy, and only the crucial information (such as price.) They do nothing to interfere with your purchase — no.
Eventually, what I really enjoy about Payhip is That customer payment information isn’t stored by them, meaning that your customers’ payment details are safe. The payment is managed through PayPal or Stripe, and I prefer it that way as they are big companies with lots of cash.
What I Dislike About Payhip
As much as I enjoy 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
1 thing that bugs me about Payhip is that They don’t possess a app. It would be convenient to be able to start an app while I’m out and around and take a look during my earnings data. The website is optimized for mobile devices, although you may log in to the website and do this.
I like Payhip, but that is a very Bad look in 2018. There is no reason you shouldn’t have a site optimized for mobile, and when you have that, you ought to be able to easily turn the website itself into it’s own app so users do not need to manually register in every time they want to check sales information. Users of Payhip encounter a better platform when they’re on their cellular devices.
No Upsells or Add-Ons At Checkout
On the checkout page, I’d really like to see an Extra capability to indicate Other products. By way of instance, if they are buying a package of logo templates for $5, then I propose, or could provide a package of business card templates for a few dollars. This is something that websites like Amazon and VistaPrint do.
I can’t help but feel like there’s a lot of money being left on the Table — for myself and Payhip — with no operation. This could enhance the Payhip experience for both the vendor and the customer.
Set On A Fixed Timezone
This one is frivolous, but I had still Like to see it fixed.
Since Payhip is located at London, they’ve BST was set to by The functioning timezone for the whole website. Since I am located in the EST, I’ll sometimes check my analytics at 7PM or later and see that I made 0 sales for the day since Payhip thinks it’s midnight and its own information reveals that.
This is a non-issue, however I Would love to observe that the capability to correct the website. Digital Self Image Definition
More Flexibility with Coupon Codes
I know I raved about the coupon Code feature earlier, but it’s not quite perfect yet.
As it stands, the promotion You can run through a voucher code. I’d love to have the ability to offer a dollar amount to set a predetermined sale price.
Right Now, if I Need to place a merchandise that is $27 On sale for $10, I must break out the calculator and manually do the math to figure out what percent off will render the cost at $10. I believe this is unnecessary and may be improved.
When creating A new product in Payhip, you have access to innovative alternatives which include —
- Make your product private.
- Insert an ISBN (Internation Standard Book Number) for your eBook.
- Upload a couple of sample or preview pages.
- Insert a limit number sold.
- Generate a license key that is unique for each of your product/eBook revenue.
How much does it cost?
Payhip will Cost you nothing to establish or host your digital products. The site takes just 5 percent commission per trade fee.
Would I Recommend Payhip?
This leaves us with the burning question: after two years as a seller on Payhip, do you recommend it? Total, yes. I am a customer, but whether you should use it depends on your situation.
If you are a blogger with a small audience And you can’t justify spending $10+ per month for something such as Gumroad, then yes, I would recommend Payhip. In case you know that you’ll be doing at least $ 1,000 in sales every month and market a high-ticket merchandise or have a massive audience, you might want to check into something.
As of this date of the writing, Payhip works On a flat fee of 5% of each sale. Gumroad’s fee is currently 3.5% + $0.30 per transaction + $10 a month.
If you are going to be promoting less than $1,000 a month in total quantity, the math should (in most cases) favor Payhip. But if you’re selling into the thousands, you’ll probably want to decide on Gumroad or look into another alternative. That is dependent on the number of transactions it requires to achieve those sales numbers though, so be sure to crunch the numbers for yourself.
Personally, I love the Payhip Experience and am very thankful for their solutions. I would like to see them continue to grow and succeed. Digital Self Image Definition