Background Digital Selling Skills
Of All of the ways of Creating content, my Strategy is To make and sell products such as studying layout templates and materials. I’ve found that it’s extraordinarily profitable than running advertisements from networks like AdSense, and self-made products convert at a much greater rate compared to an affiliate product that somebody 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 seller for two + years. Digital Selling Skills
My Payhip Experience
If you wanted to market products Through your own site, you’ll want a means to facilitate trades — some sort of infrastructure which will enable a customer to select your product, cover 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 tools and options for selling digital products to their clients and hosting 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 benefits of utilizing Payhip?
Each online Platform differs, and I’ve used a couple of them in the past.
For me, having A platform that is easy to use and one that does not require a massive amount of my time is of utmost importance.
Payhip will Save a great deal of time also 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 charges asides From 5% per transaction when you sell a product.
- Access to analytics accounts.
- Access to advertising tools. You have the option to create Coupons and societal discounts.
- Capability to signup, handle and reward your own affiliates.
- Access to product sharing programs . Plus it is possible to embed Your merchandise and purchase Now buttons on blog or your own website.
- The Capacity to set mailing lists so that your customers can Subscribe and remain up to date with your products, and much more.
- Immediate digital merchandise delivery via email link to customers.
What I Enjoy About Payhip
Let us get to the details. Following my 2+ year Payhip expertise, here’s what I love about the service…
Upgrades Are Instantaneous
Payhip let us your customers pay with PayPal Or from credit/debit card using Stripe, and they don’t cover monthly/weekly/quarterly or make you wait around for them to clear some kind of holding period. When a client makes a purchase, the money is immediately available on your accounts, and if you have the PayPal and also Stripe programs installed on your mobile device, you’ll get notifications whenever a sale occurs. Digital Selling Skills
I happen to love this. The excitement of Seeing a sale that is new never gets older. It’s also good to wake up in the morning, reach to your phone, and see that you made X amount of dollars while you were sleeping, and it’s all readily available for you to spend. The only caveat to this is Stripe. If your customers pays by card with Stripe, there will be a 3 day hold before the cash is available. This is Stripe however — Payhip does not hold your money at all.
No Monthly Charges
One of the things that Payhip initially sold me on is that there’s no Monthly fees or setup charges — only a simple flat fee of 5% per purchase .
This was appealing to me back Because, at the moment, my readership was less than 1/10th of what it’s now, and that I wasn’t 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 crowd, Payhip was the quickest solution that best match my scenario.
Simple To Know Analytics
Payhip’s back end offers an analytics page That lets you see transactions and earnings quantities relative to this day, month, week, year, or any other given range. On top of that, it’s a report.
If you’ve used Google Analytics or Facebook analytics, the number of data you’re instantly smacked in the face with can be somewhat overwhelming, and lots of it’s mostly useless too. Payhip just gives you exactly what you’re there to see — revenue data. Nothing more, nothing less.
Run Promotions with Coupon Codes
Another advantage users of Payhip encounter is Promotions to conduct by producing coupon codes.
The codes can be for any percentage you would Enjoy and for any (or all) products. They can run for whatever length you want (or even indefinitely,) along with the code itself may even be customized to whatever series of text you desire.
I’ve found this to be somewhat useful. Occasionally 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 by it. People really do respond to limited time offers. Digital Selling Skills
Your Own Affiliate Program
Payhip gives you the ability Readers register as an affiliate of your shop, and you are able to grant them a commission of whatever percent you’d like, someone purchases a product with their customized affiliate link.
This is useful since it allows other people To sell your merchandise the commissions paid will be well worth it, and if they have a platform and an audience of their own they can tap to.
Easy Integration with Email Marketing
If you are into email advertising, you’ll be Able to integrate Payhip along with your chosen email advertising supplier so that a purchase is made, the buyer’s email address can be added to a listing.
That is small but I think it’s Pretty cool so I wish to give it a reference — if you so desire, you can have Payhip stamp the buyer’s email address into the upper left corner of every page of a PDF document they’ve bought.
So if someone intends to Purchase Your PDF Book make it publicly available for free they’ll need to be fine with their personal email address being accessible also. I believe that is a really creative means of deterring pirating.
Upload Most Kinds of Files
Payhip isn’t just a marketplace for ebooks — You can upload just about any kind of digital file. Font files, video/audio documents, photographs, software, etc..
Overall Simplicity and Modern Design
1 thing that can not be overlooked whenever You are selling something is your site looks. Individuals generally do not trust myself included. If a site 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 placing my payment info into it would pretty much be just like throwing my money into a black hole.
That’s not the case with Payhip though. The Site has a layout that is easy and very contemporary. This is exactly what you’d expect a checkout page from a business to appear like, In the event that you should purchase a product on the internet. Digital Selling Skills
Another thing I enjoy about Payhip is its own Overall simplicity. In the a visitor lands on your product page, Payhip stays out of the way. They display your graphics, sales copy, and just the crucial information (such as price.) They do nothing to interfere with your sale — no.
Finally, what I enjoy about Payhip is That they do not store customer payment info, meaning your customers’ payment details are secure. The payment is totally handled through Stripe or PayPal, and I prefer it this way as they are successful companies with a lot of money to invest on security.
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 service and would like to see enhanced…
No Mobile App
One thing that bugs me around Payhip is that They don’t have a mobile app. It’d be convenient to have the ability to start an app while I am out and around, and take a look. The website is optimized for mobile devices, although you may log in to the website and do so.
I enjoy Payhip, but that is a really Lousy appearance in 2018. There’s no reason you shouldn’t have a site optimized for cellular, and when you’ve got that, you ought to be able to easily turn the site itself right into it’s own app so users don’t have to manually sign in each time they want to check sales data. Permit users of Payhip experience a platform when they are on their devices.
No Upsells or Add-Ons In Checkout
On the checkout page, I would really like to see an capability to indicate Other products. If they are purchasing a bundle of logo templates for $5, then I could provide a bundle of business card templates or propose. This is something that sites like VistaPrint and Amazon do well.
I can not help but feel as though there’s a Great Deal of money Table — for both myself and Payhip — with no operation. This could improve the Payhip encounter for both the vendor and the client.
Establish On A Fixed Timezone
This one is mostly frivolous, but I’d 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 site. Since I am located in the EST, I’ll sometimes check my analytics at 7PM or later and see that I left 0 earnings for the day because Payhip believes it is midnight and its data reveals that.
Again, this is mostly a non-issue, but I Would love to observe the ability to adjust the website to your timezone. Digital Selling Skills
More Flexibility with Coupon Codes
I know I raved about the voucher Code feature earlier, but it’s not quite perfect just yet.
As it currently stands, the advertising You can run through a coupon code. Ideally, I’d love to have the ability to supply a dollar amount off the original price, or the capability to set a sale price that is predetermined.
Right Now, if I want to place a product 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 could be made better.
When creating A brand new product in Payhip, you also have access to innovative alternatives including —
- Make your product personal.
- Add an ISBN (Internation Standard Book Number) to your eBook.
- Publish sample pages or a few preview.
- To how many copies of eBook or your product can be Insert a limitation number sold.
- Generate a exceptional license key for all your product/eBook revenue.
How much does it cost?
Payhip will Cost you nothing to set up or even host your electronic products. The site takes only 5 percent commission per transaction fee.
Can I Recommend Payhip?
This leaves us with the burning question: after two + years as a vendor on Payhip, would you recommend it? Total, yes. I am very much a client, but whether or not you should use it depends on your own situation.
If you are a blogger with a small audience And you can’t justify spending $10+ a month to get something such as Gumroad, then yes, I would recommend Payhip. If you market a product that is high-ticket or have a huge audience and know that you’ll be doing at least $ 1,000 in sales every month, you may want to check into something.
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 are going to be selling 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 are probably going to want to decide on Gumroad or start looking into some choice. This is mostly dependent on how many transactions it takes to reach those sales numbers though, so make certain to crunch the numbers on your own.
Personally, I absolutely love the Payhip Expertise and am very grateful for their solutions. I want to see them continue to grow and succeed. Digital Selling Skills