Of All of the ways of Creating content, my Strategy is Like studying materials and design templates, to create and sell electronic products. I’ve discovered that it is extraordinarily rewarding than running advertisements and products convert at a higher speed than an affiliate product that somebody else created. The service I use to facilitate this is Payhip, and this post I’ll be discussing what I both like and dislike about the ceremony based on my Payhip expertise for a seller for 2+ years. Digitalsellz
My Payhip Expertise
If you wanted to market products Through your own site, you are going to need a means to facilitate trades — some sort of infrastructure which will enable a customer to select your goods, cover it, and also have it immediately delivered to them with whole hands-off automation. Payhip solves this issue.
Payhip is An that provides users with the tools and solutions for hosting and selling products to their customers online.
The Provider Was co-founded by Abs Farah and Kahin Farah and is now based in my capital city of London.
Which are the advantages of using Payhip?
Each online Platform is different, and I’ve used a couple of these in the past.
For me personally, having A stage that is really simple to use and one that doesn’t take a huge amount of my time that is precious is of utmost significance.
Payhip will Save you a lot of time also because everything is taken care of on the Payhip platform.
The Benefits that I’ve gained the most from utilizing Payhip comprise –
- EU VAT is cared for, which can be a big plus in my book.
- Affordable. The site takes zero fees asides From 5 percent per transaction when you sell a product that is digital.
- Access to analytics accounts.
- Access to marketing tools. You have the option to create Societal and coupons discounts.
- Ability to signup, handle and reward your own affiliates.
- Access to product sharing programs . Plus you can embed Purchase and your product Now buttons directly on blog or your website.
- The ability to set mailing lists so that your clients can Subscribe and stay up to date with your electronic products, and more.
- Immediate digital merchandise shipping via email link to customers.
What I Enjoy About Payhip
Let’s get to the information. Following my 2 year Payhip experience, Here Is What I love about the ceremony…
Upgrades Are Instantaneous
Payhip let us your customers pay with PayPal Or by credit/debit card with Stripe, and they do not pay out monthly/weekly/quarterly or make you wait around for them to clean some sort of holding period. When a client makes a purchase, the money is instantly available on your accounts, and in case you’ve got the PayPal and Stripe programs installed on your mobile device, you’ll receive notifications whenever a sale happens. Digitalsellz
I happen to appreciate this. The excitement of Seeing a sale never gets old. In addition, it is great to wake up in the morning, reach for your telephone, and also see that you made X number 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 using Stripe, there will be a 3 day hold until the money is available. That is Stripe however — Payhip does not hold your money in any way.
No Monthly Fees
Among the things that Payhip originally sold me is that there’s no Monthly charges or setup charges — just a simple flat fee of 5% per sale.
This was appealing to me back in 2016 Since, at the moment, my readership was less than 1/10th of what it’s now, and I wasn’t positive I was going to always sell enough product to justify paying a monthly fee for a similar service like Gumroad. As a relatively new blogger with a little crowd, Payhip was the quickest solution that best match my situation.
Easy To Understand Analytics
Payhip’s back end offers an page That enables you to see trades and earnings quantities relative to this day, week, month, year, or any other given selection. On top of that, it’s a report that is simple and to-the-point.
If you’ve used Google Analytics or Facebook analytics, the amount of information you are instantly smacked in the face can be a bit overwhelming, and lots of it is mostly useless too. Payhip just gives you what you’re there to view — sales information. Nothing more, nothing less.
Run Promotions with Coupon Codes
Another advantage users of Payhip experience is By producing coupon codes, promotions to run.
The codes can be for almost any percentage you would Enjoy and for any (or all) products. They can run for whatever duration you’d like (or even permanently,) along with the code itself can even be customized to whatever string of text you would like.
I’ve found this to be useful. Occasionally I’ll conduct a weekend marketing, post it on Facebook boost the post targeting a pixel audience and I never fail to go ROI positive by it. People really do respond to limited time offers. Digitalsellz
Your Own Affiliate Program
Payhip Provides you the ability Readers sign up as an affiliate of your store, and someone buys a product using their customized affiliate link, you can award them a commission of whatever percent you’d like.
This is useful since it allows other Men and Women To market your products the commissions paid will be well worth it and should they have an audience of their own and a platform that they can tap to.
Easy Integration with Email Marketing
You’ll be, if you’re into email marketing Able to incorporate Payhip along with your email advertising provider so that a sale is made, the purchaser’s email address could be added to a selected list.
This is small but I think it’s Pretty cool so I want to give it a reference — if you so desire, you’ll have Payhip postage the purchaser’s email address into the upper left corner of every page of a PDF document they’ve bought.
So if someone plans to Purchase Your PDF Publication subsequently make it available for free somewhere else, they’ll have to be fine with their personal email address being publicly accessible also. I believe that’s a really creative way of deterring pirating.
Upload Most Kinds of Files
Payhip is not just a market for ebooks — It’s possible to 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 how current your site appears. Individuals do not trust myself included. If a site looks like it hasn’t been updated because the net 2.0 times, then I begin to wonder if maybe I am in an abandoned building and placing my payment information to 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. In the event that you were to buy a merchandise this is what you’d anticipate a checkout page by a trustworthy company to appear like. Digitalsellz
Another thing I like about Payhip is its own Overall simplicity. In the moment a visitor lands on your product page, Payhip stays out of the way. They display your graphics, sales copy, and just the critical information (such as price.) They do nothing to interfere with your purchase — no self-promotion whatsoever.
Eventually, what I like about Payhip is That they do not store customer payment information, meaning that your customers’ payment details are safe. The payment is totally managed through PayPal or Stripe, and I prefer it that way because they are big companies with a lot of money to invest on top-shelf security.
What I Dislike About Payhip
As much as I enjoy Payhip, it’s far from perfect. Here are some things that I dislike about the ceremony 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 have the ability to open an app while I’m out and about, and take a look during my sales data. You do this and can log in to the website, but the site isn’t optimized for mobile devices.
I enjoy Payhip, but this is a really Lousy appearance in 2018. There’s no reason you should not have a website optimized for cellular, and once you’ve got that, you ought to be able to easily turn the site itself right into it’s own app so users do not need to manually register in every time they would like to check sales information. Users of Payhip encounter a better platform when they are on their mobile devices.
No Upsells or Add-Ons In Checkout
On the checkout page, I’d like to see an ability to suggest Other products. If they are buying a bundle of logo templates for $5, I might provide a package of business card templates or propose. This is something that sites like Amazon and VistaPrint do quite well.
I can not help but feel like there is a Great Deal of money Table — for both myself and Payhip — with no functionality. This could enhance the Payhip encounter for both the customer and the seller.
Establish On A Fixed Timezone
This one is mostly frivolous, but I’d still Like to see it fixed.
Considering that Payhip is located in London, they’ve The working timezone for the site set to BST. Since I’m located 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’s midnight and its information reflects that.
Again, this is a non-issue, but I Would love to observe the capability to adjust the site. Digitalsellz
More Flexibility with Coupon Codes
I know I raved about the voucher It’s not quite perfect, although Code attribute earlier.
As it currently stands, the sole promotion You can run via a voucher code. Ideally, I’d like to be able to offer a dollar amount to set a sale price.
At the moment, if I want to place a $27 merchandise On sale for $10, I have to break out the calculator and manually do the math to figure out what percent off would render the last price at $10. I think this is unnecessary and may be made better.
When creating A brand new product in Payhip, you have access to advanced options including —
- Make your merchandise private.
- Add an ISBN (Internation Standard Book Number) to your eBook.
- Upload sample pages or a preview.
- To the number of copies of your product or market could be, Insert a limit number sold.
- Generate a license key .
Just how much does this cost?
Payhip will Cost you to set up or host your digital products. The website takes only 5% commission per transaction fee.
Would I Recommend Payhip?
This leaves us with the burning question: after two + years as a seller on Payhip, would you recommend it? Overall, yes. I am a customer, but whether you should use it depends upon 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 absolutely recommend Payhip. If you sell a product that is high-ticket or have a huge audience and know that you’ll do at least $ 1,000 in sales each month, you may want to look into something.
As of this date of the writing, Payhip works On a set fee of 5% 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 a month in total volume, the math should (in most cases) prefer Payhip. But if you are selling well into the thousands, you are probably going to need to decide on Gumroad or look into some other choice. That is all dependent on how many transactions it requires to reach those sales numbers, however, so be sure to crunch the numbers on your own.
Personally, I absolutely love the Payhip Experience and am really grateful for their services. I want to see them continue to grow and succeed. Digitalsellz