Intro Digital Selling Tools
Of All of the ways of monetizing blog Articles, my favorite method is Such as learning materials and design templates to make and sell electronic products. I’ve found that it is extraordinarily more rewarding than running advertisements from networks like AdSense, and self explanatory products convert at a higher rate compared to an affiliate product that somebody else created. The support I use to facilitate this is Payhip, and in this article I will be sharing what I both like and dislike about the service based on my Payhip experience for a seller for 2+ years. Digital Selling Tools
My Payhip Expertise
If you wanted to market digital products Through your own site, you’ll want a way to facilitate trades — some sort of infrastructure that will allow a customer to select your goods, cover it, and have it immediately delivered to them with complete hands-off automation. Payhip solves this problem.
What is Payhip?
Payhip is An e-commerce platform/website that provides customers with options and the tools for hosting and promoting products directly to their customers online.
The company Was co-founded by Abs Farah and Kahin Farah and is now based in my capital city of London.
What are the benefits of using Payhip?
Each online Platform differs, and I have used a couple of these in the past.
For me personally, having A platform that is simple to use and one that does not take a huge amount of my time that is valuable is of paramount 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 comprise –
- EU VAT is taken care of, which is a big plus in my book.
- Affordable. The website takes zero charges asides From 5 percent per trade when you sell a digital item.
- Access to analytics reports.
- Access to marketing tools. You have the option to make Coupons and societal discounts.
- Ability to signup, manage and reward your affiliates.
- Access to product sharing tools. Plus it is possible to embed Your product and purchase Now buttons right on your website or blog.
- The Capacity to set mailing lists so that your customers can Subscribe and remain up to date with your electronic goods, and much more.
- Instant digital merchandise delivery via email link for customers.
What I Enjoy About Payhip
Let’s get to the details. Following my 2+ year Payhip experience, Here Is What I really like about the service…
Payments Are Instantaneous
Payhip let us your customers pay with PayPal Or from credit/debit card using Stripe, and they don’t pay out monthly/weekly/quarterly or make you wait for them to clean some kind of holding period. When a customer makes a purchase, the money is instantly available on your accounts, and if you’ve got the PayPal and also Stripe programs installed on your mobile device, you are going to receive notifications each time a sale occurs. Digital Selling Tools
I happen to love this. The excitement of Seeing a sale that is new never gets older. In addition, it is great 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 readily available for you to spend. The caveat to this is Stripe. If your customers pays by card with Stripe, there’ll be a three day hold until the cash is available. This is all Stripe however — Payhip doesn’t hold your cash at all.
No Monthly Fees
Among those things that Payhip initially sold me is that there is no Monthly charges or setup charges — only a simple flat charge of 5% per sale.
This was attractive to me back in 2016 Because, at the moment, my readership was less than 1/10th of what it is now, and that I was not positive I was likely to consistently 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 quickest solution that best fit my situation.
Easy To Understand Analytics
Payhip’s back end Provides an analytics page That lets you view transactions and earnings quantities relative to this day, month, week, year, or some other specified range. Best of all, it’s a to-the-point and simple report.
If you’ve ever used Google Analytics or Facebook analytics, the number of information you’re immediately smacked in the face with can be a bit overwhelming, and a lot of it’s largely useless also. Payhip just gives you what you’re there to view — revenue information. Nothing more, nothing less.
Run Promotions with Coupon Codes
Another advantage users of Payhip experience is The capacity to run promotions by producing coupon codes.
The codes can be Enjoy and for any (or all) products. They could run for any duration you want (or even indefinitely,) and the code itself may even be customized to whatever series of text you desire.
I’ve found this to be very useful. Sometimes I’ll conduct a weekend marketing, place it on Facebook, then boost the post targeting a pixel audience and I never fail to go ROI positive with it. People do respond well to limited time offers. Digital Selling Tools
Your Own Affiliate Program
Payhip Provides you the ability Readers sign up as an affiliate of your shop, and you can award whenever someone purchases a product with their custom affiliate link.
This is useful since it allows Men and Women To market your products and if they have a platform and an audience of their own that they can tap to, the commissions paid will be worth it.
Easy Integration with Email Marketing
If you’re into marketing, you will be Able to easily integrate Payhip along with your email marketing provider that is preferred so that a purchase is made, the email address of the purchaser could be added into a listing.
This is minor but I think it’s Pretty cool so I wish to give it a mention — if you so desire, you’ll have Payhip stamp the buyer’s email address to the top left corner of every page of a PDF document they’ve bought.
So if someone intends to buy your PDF Book make it publicly available for free somewhere else, they will have to be okay with their email address being available. I think that is a way of deterring pirating.
Upload Many Kinds of Files
Payhip is a market for ebooks — It’s possible to upload virtually any sort of file. Font files, video/audio files, photos, software, etc..
Total Simplicity and Modern Design
One thing that can not be overlooked whenever You are selling something is how present your site appears. Individuals don’t trust websites that look outdated, myself included. If a site looks like it hasn’t been updated because the web 2.0 days, I begin to wonder if perhaps I’m in an abandoned building and placing my payment information to 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 layout that is simple and very modern. This is what you’d anticipate a checkout page by a trustworthy company to look like, In the event that you were to purchase a digital merchandise on the world wide web. Digital Selling Tools
Another thing I like 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 graphics, sales copy, and just the critical information (like price.) They do nothing to interfere with your purchase — no self-promotion whatsoever.
Eventually, what I actually like about Payhip is That customer payment info isn’t stored by them, meaning your clients’ payment details are safe. The payment is handled through PayPal or Stripe, and I prefer it that way as they are successful companies with lots of cash.
What I Dislike About Payhip
As much as I enjoy 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
1 thing that bugs me about Payhip is that They don’t have a mobile program. It’d be convenient to be able to start an app and take a look through my data while I’m out and about. The website isn’t optimized for mobile devices, although you may log into the website and do this.
I enjoy Payhip, but this is a very Bad appearance 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 site itself into it’s own app so users do not have to manually sign in each time they want to inspect sales data. Users of Payhip experience a much better platform when they are on their mobile devices.
No Upsells or Add-Ons In Checkout
On the checkout page, I’d really like to see an capability that is added to indicate Other products similar to what the client is going to buy. If they are buying a package of templates for $5, then I propose, or might provide a bundle of business card templates to get a few added dollars. This is something that websites like Amazon and VistaPrint do.
I can’t help but feel like there is a Great Deal of money being left on the Table — for both myself and Payhip — without this operation. This may enhance the Payhip encounter for both the customer and the vendor.
Establish On A Fixed Timezone
This one is mostly frivolous, but I Prefer to see it fixed.
Considering that Payhip is located at London, they’ve The working timezone for the entire site place to BST. Since I’m found in the EST, I will occasionally check my analytics at 7PM or later and see that I left 0 sales for the day since Payhip believes it is midnight and its own data reflects that.
This is a non-issue, but I Would like to see the capability to correct the site. Digital Selling Tools
More Flexibility with Coupon Codes
I know I raved about the coupon It’s not quite perfect, although Code attribute earlier.
As it stands, the sole advertising You can run through a coupon code is to get a percent off. I’d like to have the ability to supply a dollar amount to set a predetermined sale price.
Right Now, if I want to place a $27 product Available for $10, I have to break out the calculator and manually do the math to figure out what percent off would leave the cost at $10. I believe this is unnecessary and may be improved.
When creating A brand new product in Payhip, you also have access to advanced alternatives which include —
- Make your merchandise private.
- Add an ISBN (Internation Standard Book Number) to your eBook.
- Upload a preview or sample pages.
- Insert a limit number sold.
- Generate a license key .
How much does it cost?
Payhip will Cost you to set up or even host your products. The site 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? Overall, yes. I am a satisfied client, but whether you ought to use it depends upon 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 recommend Payhip. If you know that you’ll do at least $ 1,000 in sales each month and market a product or have a huge audience, you might want to check into something.
As of this date of this writing, Payhip works On a flat fee of 5 percent of every sale. Gumroad’s fee is currently 3.5% + $0.30 per transaction + $10 per month.
If you’re going to be selling less than $1,000 per month in total quantity, the mathematics should (in most cases) favor Payhip. But if you are selling well into the thousands, you need to go with Gumroad or start looking into another choice. This is all dependent on the number of transactions it takes to reach those sales numbers so be sure that you crunch the numbers.
Personally, I absolutely love the Payhip Experience and am grateful for their services. I want to see them continue to grow and succeed. Digital Selling Tools