Introduction Digital Selling Conference
Of All of the ways of monetizing blog Articles, my method is To create and sell products like studying design templates and materials. I have discovered that it is extraordinarily profitable than running ads from networks such as AdSense, and self explanatory products convert at a higher speed than an affiliate product that somebody else created. The support I use to facilitate this can be Payhip, and in this article I will be discussing what I both like and dislike about the service based in my Payhip experience as a vendor for 2+ years. Digital Selling Conference
My Payhip Expertise
If you wanted to sell products Through your own site, you’ll need a way to facilitate transactions — some kind of infrastructure which will enable a client to select your goods, pay for it, and also have it instantaneously delivered to them with complete hands-off automation. Payhip solves this problem.
What is Payhip?
Payhip is An that provides customers with the simplest tools and options for promoting products to their clients and hosting 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 using Payhip?
Each online Platform is different, and I’ve used a couple of them in the past.
For me, having A platform that is simple to use and one that does not take a huge amount of my precious time is of utmost importance.
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 using Payhip include –
- EU VAT is cared for, which is a big plus in my book.
- Affordable. The site takes zero charges asides From 5% per trade when you sell a item.
- Access to analytics accounts.
- Access to advertising tools. You have the option to make Coupons and societal discounts.
- Capability to signup, manage and reward your own affiliates.
- Access to product sharing tools. Plus you can embed Buy and your product Now buttons on blog or your site.
- The Capacity to set mailing lists so that your customers can Subscribe and remain up to date with your goods, and more.
- Immediate digital product shipping via email link to customers.
What I Like About Payhip
Let us get to the details. Following my 2+ year Payhip experience, here’s what I really like 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 around for them to clean some sort of holding period. When a customer makes a purchase, the money is immediately available on your account, and in case you’ve got the PayPal and Stripe programs installed on your mobile device, you’ll receive notifications each time a sale occurs. Digital Selling Conference
I happen to love this. The excitement of Seeing a new sale never gets old. It’s also good to wake up in the morning, reach to your phone, and see that you made X number of dollars while you’re sleeping, and it is all readily available for you to spend. The caveat to this can be Stripe. If your clients pays by card using Stripe, there’ll be a 3 day hold before the money 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 on is that there is no Monthly fees or setup charges — just a simple flat fee of 5 percent per sale.
This was attractive to me back in 2016 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 always sell enough product to justify paying a monthly fee to get a similar service such as Gumroad. As a relatively new blogger having a small audience, Payhip was the no-risk solution that best fit my scenario.
Simple To Know Analytics
Payhip’s back end offers an page That enables you to see trades and earnings amounts relative to the day, week, month, year, or any other given range. On top of that, it’s a report that is simple and to-the-point.
If you’ve ever used Google Analytics or Facebook analytics, the number of data you are instantly smacked in the face can be somewhat overwhelming, and a lot of it is largely useless also. Payhip just provides you exactly what you are there to see — sales data. Nothing more, nothing less.
Run Promotions with Coupon Codes
Another advantage users of Payhip experience is Promotions to conduct by producing coupon codes.
The codes may be for any percentage you’d Like and for any (or all) products. They could run for whatever duration you’d like (or even permanently,) along with the code itself can even be customized to whatever series of text you desire.
I’ve found this to be helpful. Sometimes I will conduct a weekend promotion, post it on Facebook raise the post targeting a pixel re-marketing audience and I don’t fail to go ROI positive with it. People do respond to limited time offers. Digital Selling Conference
Your Own Affiliate Program
Payhip gives you the capability to let your Readers register as an affiliate of your store, and you can grant them a commission of whatever percent you would like someone purchases a product with their customized affiliate link.
This is useful since it allows Men and Women To sell your products for you, and if they have a stage and an audience of their own that they can tap to, the commissions paid will be well worth it.
Easy Integration with Email Marketing
If you’re into email advertising, you’ll be Able to readily incorporate Payhip with your email marketing provider that is chosen so that if a sale is made, the email address of the purchaser could be added to a listing.
This is small but I think it’s Pretty cool so I want to give it a mention — if you so desire, you can have Payhip postage the purchaser’s email address to the top left corner of every page of a PDF document they’ve bought.
So if someone plans to Purchase Your PDF Book make it available for free somewhere else, they’ll need to be okay with their private email address being accessible. I think that is a means of deterring pirating.
Upload Most Sorts of Files
Payhip is not Only a marketplace for ebooks — You can upload any kind of electronic file. Font documents, video/audio files, photos, software, etc..
Total Simplicity and Modern Design
One thing that can not be overlooked whenever You are selling something is your website appears. Individuals do not trust myself included. If a website looks like it has not been upgraded because the web 2.0 times, then I begin to wonder if perhaps I’m in an abandoned building and placing my payment information 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 that is simple and very contemporary. In the event that you should purchase a merchandise on the internet, this is exactly what you would anticipate a checkout page from a trustworthy business to appear like. Digital Selling Conference
Another thing I like about Payhip is its own Overall simplicity. From the very second a visitor lands on your product page, Payhip stays out of the way. They display your images, sales copy, and just the crucial info (like price.) They do absolutely nothing to interfere with your purchase — no.
Eventually, what I like about Payhip is That customer payment information isn’t stored by them, meaning that your customers’ payment details are secure. The payment is managed through Stripe or PayPal, and I prefer it that way as they’re large, successful companies with a lot of cash.
What I Dislike About Payhip
As much as I enjoy Payhip, it is 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 about Payhip is that They do not have a mobile app. It’d be convenient to be able to start an app while I’m out and around, and take a look through my data. You can log into the website and do this, but the website is optimized for mobile devices.
I like Payhip, but this is a very Bad look in 2018. There’s no reason you shouldn’t have a site optimized for mobile, and when you have that, you should be able to easily turn the website itself into it’s own program so users don’t have to manually sign in each time they would like to inspect sales information. Permit users of Payhip experience a platform when they’re on their cellular devices.
No Upsells or Add-Ons In Checkout
On the checkout page, I would really like to see an capability that is added to indicate Other products. If they’re purchasing a package of templates for $5, then I suggest, or might provide a bundle of business card templates to get a couple of bucks. This is something which websites like VistaPrint and Amazon do.
I can’t help but feel like there’s a Great Deal of money being left on the Table — for myself and Payhip — with no functionality. This could enhance the Payhip encounter for both the vendor and the client.
Establish On A Fixed Timezone
This one is frivolous, but I Prefer to see it corrected.
Considering that Payhip is located at London, they’ve BST was set to by the timezone for the website. Since I am located in the EST, I will sometimes check my stats at 7PM or later and see that I made 0 earnings for the day since Payhip thinks it is midnight and its data reflects that.
Again, this is a non-issue, but I Would love to see that the ability to adjust the site. Digital Selling Conference
More Flexibility with Coupon Codes
I know I raved about the coupon It’s not perfect yet, although Code attribute earlier.
As it currently stands, the only advertising You can run via a voucher code is to get a percent off. I’d like to have the ability to supply a dollar amount off the original price, or the capability to set a sale price that is predetermined.
At the moment, if I want to place a merchandise On sale for $10, I have to break out the calculator and manually do the math to figure out what percentage off will leave the last price at $10. I believe that is unnecessary and could be made better.
When creating A brand new product in Payhip, you have access to innovative alternatives including —
- Make your product personal.
- Insert an ISBN (Internation Standard Book Number) for your eBook.
- Publish sample pages or a preview.
- Insert a limitation number to the number of copies of your product or market can be sold.
- Create a license key that is exceptional for each of your product/eBook revenue.
How much does it cost?
Payhip will Cost you to set up or host your products. The website takes just 5 percent commission per transaction fee.
Would I Recommend Payhip?
This leaves us with the burning question: after two years as a seller on Payhip, do you recommend it? Overall, yes. I am a client, but whether or not you should use it depends upon your situation.
If you’re 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. However, if you market a product that is high-ticket or have a massive audience and know you’ll do at least $ 1,000 in sales every month, you might want to look into something.
As of this date of the writing, Payhip functions On a set 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 less than $1,000 per month in total volume, the mathematics should (typically ) prefer Payhip. But if you are selling well into the thousands, you’ll probably want to go with Gumroad or look into some other choice. That is all dependent on the number of transactions it takes to achieve those sales numbers, however, so be certain that you crunch the numbers for yourself.
Personally, I love the Payhip Experience and am thankful for their solutions. I want to see them continue to grow and succeed. Digital Selling Conference