Introduction Digital Self Reflection Paper
Of all the ways of Creating Articles that is blog, my Strategy is Such as learning materials and design templates, to make and sell products. I’ve discovered that it is extraordinarily profitable than running advertisements from networks such as AdSense, and products convert at a significantly greater speed than an affiliate product that someone else created. The service I use to facilitate this can be Payhip, and this post I will be discussing what I like and dislike about the ceremony based in my Payhip expertise for a vendor for 2+ years. Digital Self Reflection Paper
My Payhip Expertise
If you have ever wanted to market products Through your own website, you are going to want a way to facilitate transactions — some sort of infrastructure which will enable a client to select your product, pay for 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 options for hosting and selling products to their customers 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 is different, and I’ve used a few of them previously.
For me personally, having A stage that is easy to use and one that does not require a massive 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 using Payhip include –
- EU VAT is cared for, and it is a huge plus in my book.
- Affordable. The website takes zero charges asides From 5% per trade when you sell a product.
- Access to analytics accounts.
- Access to advertising tools. You have the option to create Societal and Coupons discounts.
- Capability to signup, manage and reward your own affiliates.
- Access to product sharing programs . Plus you can embed Your product and purchase Now buttons on your own site or blog.
- The Capacity to setup mailing lists so that your clients can Subscribe and stay current with your electronic goods, and more.
- Immediate digital merchandise shipping via email link for customers.
What I Enjoy About Payhip
Let’s get to the details. After my 2+ year Payhip expertise, here’s what I really like about the ceremony…
Payments Are Instantaneous
Payhip let us your customers pay with PayPal Or by credit/debit card using Stripe, and 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 customer makes a purchase, the money is instantly available on your account, and in case you have the PayPal and also Stripe programs installed on your mobile device, you are going to get notifications whenever a sale occurs. Digital Self Reflection Paper
I happen to love this. The excitement of Seeing a brand new sale never gets old. It’s also good to awake in the morning, reach to your phone, and also see that you made X number of dollars while you’re sleeping, and it’s all easily available for you to spend. The caveat to this can be Stripe. If your clients pays by card with Stripe, there’ll be a three day hold before the money is available. This is Stripe however — Payhip does not hold your cash at all.
No Monthly Charges
One of those things that Payhip initially sold me on is that there’s no Monthly fees or setup charges — only a simple flat charge of 5% per purchase .
This was attractive to me in 2016 Since, at the moment, my readership was less than 1/10th of what it is now, and that I was not 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.
Simple To Understand Analytics
Payhip’s back end offers an page That lets you view trades and earnings quantities relative to this day, month, week, year, or any other specified selection. Best of all, it is a report.
If you have used Google Analytics or Facebook analytics, the number of data you’re immediately smacked in the face can be somewhat overwhelming, and lots of it is mostly useless also. Payhip just provides you what you are there to view — revenue data. Nothing more, nothing less.
Run Promotions with Coupon Codes
Another benefit users of Payhip experience is The ability to run promotions by producing coupon codes.
The codes can be for almost any percentage you would Enjoy and for any (or all) products. They could run for any duration you’d like (or even permanently,) along with the code itself may even be customized to whatever string of text you desire.
I have found this to be very helpful. Sometimes I’ll conduct a weekend marketing, place it on Facebook raise the post targeting a pixel audience and I never fail to go ROI positive by it. People do respond well to limited time offers. Digital Self Reflection Paper
Your Own Affiliate Program
Payhip Provides you the ability to let your Readers register as an affiliate of your store, and you can award if someone buys a product using their customized affiliate link.
This is useful because it allows other people To sell your products the commissions paid will be worth it, and should they have a platform and an audience of their own that they can tap to.
Easy Integration with Email Marketing
If you’re into advertising, you will be Able to incorporate Payhip along with your preferred email advertising provider so that whenever a sale is made, the email address of the purchaser can be added into a listing.
This is minor 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 upper left corner of each page of a PDF document they’ve bought.
So if someone plans to Purchase Your PDF Book make it available for free they will have to be okay with their personal email address being publicly available also. I believe that’s a way of deterring pirating.
Upload Many Sorts of Files
Payhip isn’t just a market for ebooks — You can upload just about any sort of 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 how present your website appears. People do not trust myself included. If a website looks like it has not been upgraded because the web 2.0 days, I start to wonder if maybe I’m in an abandoned building and putting my payment info into 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 design that is very contemporary and simple. In the event that you should purchase a digital merchandise this is exactly what you’d anticipate a checkout page by a trusted business. Digital Self Reflection Paper
Another thing that I enjoy about Payhip is its own In general simplicity. In the moment a visitor lands on your product page, Payhip remains out of the way. They display your images, sales copy, and just the crucial information (such as price.) They do nothing to interfere with your sale — no.
Eventually, what I really like about Payhip is That customer payment information isn’t stored by them, meaning your customers’ payment details are secure. The payment is managed through PayPal or Stripe, and I prefer it that way as they’re big companies with lots of cash.
What I Dislike About Payhip
As much as I like Payhip, it’s 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 don’t have a program. It would be convenient to be able to start an app and take a look while I’m out and around. You may log into the website and do this, but the site is optimized for mobile devices.
I like Payhip, but this is a really Bad look in 2018. There is no reason you should not have a website optimized for mobile, and once you’ve got that, you ought to be able to easily turn the website itself right into it’s own program so users don’t need to manually register in each time they would like to check sales information. Users of Payhip experience a platform when they are on their cellular devices.
No Upsells or Add-Ons In Checkout
On the checkout page, I’d like to see an capability that is Extra to suggest Other products. If they are purchasing a bundle of templates for $5, then I suggest some other product that may interest them that they previously didn’t know about, or could provide a package of business card templates for a few bucks. This is something that websites like Amazon and VistaPrint do.
I can’t help but feel as though there’s a Great Deal of money being left on the Table — for both myself and Payhip — with no operation. This could improve the Payhip experience for both the seller and the client.
Establish On A Fixed Timezone
This one is largely frivolous, but I’d still Prefer to see it fixed.
Considering that Payhip is located at London, they’ve The functioning timezone for the entire site place to BST. Since I’m found in the EST, I will sometimes check my stats at 7PM or afterwards and see that I made 0 earnings for the day because Payhip believes it is midnight and its data reflects that.
This is a non-issue, but I Would like to see that the ability to adjust the site. Digital Self Reflection Paper
More Flexibility with Coupon Codes
I know I raved about the coupon It’s not quite perfect, although code feature earlier.
As it currently stands, the promotion You can run via a coupon code is to get a percent off. Ideally, I’d like to have the ability to offer a dollar amount off the price, or the capability to set a sale price that is specified.
Right Now, if I want to place a merchandise On sale for $10, manually do the math to figure out what percent off will leave the final cost and I have to break out the calculator. I believe this is unnecessary and could be improved.
When creating A new product in Payhip, you also have access to advanced options which include —
- Make your merchandise personal.
- Insert an ISBN (Internation Standard Book Number) for your eBook.
- Upload sample pages or a preview.
- To how many copies of market or your product can be, Insert a limit amount sold.
- Generate a license key that is unique .
How much does it cost?
Payhip will Cost you or host your products. The website takes only 5% commission per transaction fee.
Would I Recommend Payhip?
This leaves us with the burning question: after 2years as a seller on Payhip, would you recommend it? Overall, yes. I am very much a satisfied customer, but whether you should use it depends on your own situation.
If you are a new blogger with a small audience And you can’t justify spending $10+ a month for something such as Gumroad, then yes, I would absolutely recommend Payhip. However, in case you know you’ll be doing at least $ 1,000 in sales every month and market a merchandise that is high-ticket or have a massive audience, you may want to look into something most cost effective.
As of the date of this 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’re going to be promoting less than $1,000 a month in total quantity, the mathematics should (in most cases) favor Payhip. But if you are selling well into the thousands, you’ll probably want to decide on Gumroad or start looking into some alternative. That is all largely dependent on the number of transactions it takes to achieve those sales numbers so be sure that you crunch the numbers on your own.
Personally, I love the Payhip Expertise and am very thankful for their solutions. I want to see them continue to grow and succeed. Digital Self Reflection Paper