Background Digital Selling Motion Sap
Of All of the ways of monetizing content that is blog, my method is Such as studying design templates and materials to make and sell electronic products. I’ve discovered that it’s extraordinarily more rewarding than running advertisements from networks such as AdSense, and self explanatory products convert at a greater rate compared to an affiliate product that someone else created. The support I use to facilitate this can be Payhip, and this post I’ll be sharing what I like and dislike about the service based on my Payhip expertise for a vendor for two + years. Digital Selling Motion Sap
My Payhip Experience
If you’ve ever wanted to market products Through your own site, you are going to need a means to facilitate trades — some sort of infrastructure that will allow a customer to select your product, cover it, and also have it immediately delivered to them with complete hands-off automation. Payhip solves this issue.
What is Payhip?
Payhip is An e-commerce platform/website that gives users with solutions and the tools for hosting and selling digital products directly to their clients online.
The Provider Was co-founded by Abs Farah and Kahin Farah and is now based in my capital city of London.
What are the advantages of using Payhip?
Each online Platform differs, and I have used a few of them previously.
Having A stage that is easy to use and one that doesn’t take a huge amount of my time is of paramount significance.
Payhip will Save you a great deal of time because everything is cared for on the Payhip platform.
The Advantages that I’ve gained the most from utilizing Payhip include –
- EU VAT is taken care of, which is a huge plus in my book.
- Affordable. The site takes zero charges asides From 5% per trade when you sell a item that is digital.
- Accessibility to analytics reports.
- Access to advertising tools. You have the option to create Coupons and societal discounts.
- Ability to signup, handle and reward your own affiliates.
- Access to product sharing tools. Plus it is possible to embed Your product and purchase Now buttons on blog or your website.
- The ability to setup mailing lists so that your customers can Subscribe and stay up to date with your digital products, and much more.
- Immediate digital merchandise delivery via email link to customers.
What I Enjoy About Payhip
Let’s get to the details. Following my two year Payhip experience, Here Is What I love about the service…
Payments Are Instantaneous
Payhip let us your customers pay with PayPal Or from credit/debit card using Stripe, plus they do not pay out monthly/weekly/quarterly or make you wait around for them to clear 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 Stripe apps installed on your mobile device, you are going to receive notifications whenever a sale occurs. Digital Selling Motion Sap
I happen to appreciate this. The excitement of Seeing a new sale never gets older. It’s also good to awake in the morning, reach to your telephone, and 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 is Stripe. If your clients card with Stripe, there’ll be a 3 day hold before the cash is available. This is Stripe though — Payhip doesn’t hold your cash in any way.
No Monthly Charges
One of the things that Payhip originally sold me on is that there’s no Monthly fees or setup charges — only a simple flat fee of 5% per purchase .
This was attractive to me in 2016 Because, at the time, my readership was 1/10th of what it is now, and I was not positive I was going to always sell enough product to justify paying a monthly fee to get a similar service such as Gumroad. As a relatively new blogger with a small crowd, Payhip was the no-risk solution that best fit my scenario.
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 some other specified selection. On top of that, it is a report that is to-the-point and very simple.
If you used Google Analytics or Facebook analytics, the number of information you’re immediately smacked in the face can be a bit overwhelming, and lots of it’s largely useless also. Payhip just gives you exactly what you’re there to view — revenue data. Nothing more, nothing less.
Run Promotions with Coupon Codes
Another benefit users of Payhip experience is By creating coupon codes promotions to conduct.
The codes may be Like and for any (or all) products. They could run for whatever length you’d like (or even indefinitely,) and the code itself can even be customized to whatever string of text you desire.
I have found this to be helpful. Sometimes I will run a weekend marketing, place it on Facebook, then raise the article targeting a pixel re-marketing audience and I don’t fail to go ROI positive with it. People do respond well to limited time offers. Digital Selling Motion Sap
Your Own Affiliate Program
Payhip gives you the capability to let your Readers sign up as an affiliate of your shop, and you can grant someone buys a product with their customized affiliate link.
This is useful since it allows other people To market your merchandise for you, the commissions paid will be worthwhile and if they have a stage and an audience of their own they can tap to.
Easy Integration with Email Marketing
You’ll be, if you are into advertising Able to easily incorporate Payhip with your email advertising supplier that is preferred so that a sale is made, the buyer’s email address could be added into a listing that is selected.
This is relatively small but I think it’s Pretty cool so I want to give it a mention — if you desire, you’ll have Payhip postage the buyer’s email address into the upper left corner of every page of a PDF document they’ve purchased.
So if someone plans to Purchase Your PDF Book subsequently make it publicly accessible for free they’ll need to be fine with their private email address being available as well. I believe that is a means of deterring pirating.
Upload Many Sorts of Files
Payhip is a marketplace for ebooks — It’s possible to upload any sort of electronic file. Font files, video/audio files, photos, software, etc..
Overall Simplicity and Modern Design
One thing that can not be overlooked whenever You’re selling something is your site looks. People generally don’t trust sites that look obsolete, myself included. If a website looks like it hasn’t been upgraded because the net 2.0 days, I begin to wonder if perhaps I am in an abandoned building and putting my payment info into it would pretty much be just like throwing my money into a black hole.
That is not the case with Payhip though. The Site has a very modern and simple layout. This is exactly what you would expect a checkout page from a business, if you should buy a digital merchandise on the world wide web. Digital Selling Motion Sap
Another thing I enjoy about Payhip is its In general simplicity. In the a visitor lands on your product page, Payhip stays out of the way. They display your images, sales copy, and just the critical info (such as price.) They do nothing to interfere with your sale — no.
Eventually, what I actually enjoy about Payhip is That customer payment information isn’t stored by them, meaning that your clients’ payment details are secure. The payment is completely handled through Stripe or PayPal, and I prefer it that way because they’re big, successful companies with lots of money.
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 service and would like to see enhanced…
No Mobile App
1 thing that bugs me around Payhip is that They do not possess a mobile app. It would be convenient to have the ability to open an app while I’m out and around and have a look. You do so and may log into the site, but the website isn’t even optimized for mobile devices.
I like Payhip, but that is a very Lousy look in 2018. There is no reason you should not have a site optimized for mobile, and once you have that, you ought to be able to easily turn the website itself into it’s own app so users don’t need to manually sign in each time they want to check sales data. Let users of Payhip experience a much better platform when they are on their mobile devices.
No Upsells or Add-Ons At Checkout
On the checkout page, I’d really like to see an added ability to suggest Other products. If they’re buying a package of templates for $5, I could offer a bundle of business card templates or propose some other product that may interest them that they didn’t know about. This is something that sites like Amazon and VistaPrint do very well.
I can not help but feel like there’s a lot of money being left on the Table — for both myself and Payhip — without this operation. This may enhance the Payhip encounter for both the vendor and the client.
Establish On A Fixed Timezone
This one is frivolous, but I Like to see it corrected.
Since Payhip is located at London, they have The working timezone for the website set to BST. Since I’m located in the EST, I will occasionally check my analytics at 7PM or later and see that I made 0 sales for the day since Payhip believes it is midnight and its own data reflects that.
Again, this is largely a non-issue, but I Would like to see the capability to correct the website. Digital Selling Motion Sap
More Flexibility with Coupon Codes
I know I raved about the coupon It is not perfect just yet, although code feature earlier.
As it currently stands, the only promotion You can run through a voucher code. I’d like to be able to supply a dollar amount from the cost, or the ability to set a sale price that is specified.
At the moment, if I want to put a $27 merchandise On sale for $10, I must break out the calculator and manually do the math to determine what percent off will leave the price at $10. I think this is unnecessary and may be improved.
When creating A new product in Payhip, you also have access to innovative alternatives which include —
- Make your merchandise personal.
- Add an ISBN (Internation Standard Book Number) to your eBook.
- Publish a few sample or preview pages.
- Insert a limitation amount to the number of copies of market or your product could be sold.
- Generate a license key .
Just how much does it cost?
Payhip will Cost you 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 2years as a vendor on Payhip, would you recommend it? Total, yes. I am very much a client, but whether you ought to use it depends on your own situation.
If you’re a blogger with a small audience And you can not justify spending $10+ a month to get something such as Gumroad, then yes, I would recommend Payhip. But in case you have a massive audience or market a merchandise and know that you’ll be doing at least $1,000 in sales each month, you may 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 currently 3.5% + $0.30 per transaction + $10 per month.
If you’re going to be promoting $1,000 per month in total quantity, the math should (in most cases) favor Payhip. But if you are selling into the thousands, you are probably going to need to go with Gumroad or look into some choice. That is largely dependent on how many transactions it takes to reach those sales numbers, however, so make certain to crunch the numbers.
Personally, I absolutely love the Payhip Expertise and am really grateful for their solutions. I want to see them continue to grow and succeed. Digital Selling Motion Sap