Intro E Book
Of All of the ways of Creating blog content, my Strategy is To make and sell products. I have found that it’s extraordinarily profitable than running ads from networks like AdSense, and products convert at a much higher speed than an affiliate product that somebody else created. The service I use to facilitate this can be Payhip, and this post I’ll be sharing what I both like and dislike about the service based on my Payhip expertise for a vendor for two + years. E Book
My Payhip Expertise
If you have ever wanted to market products Through your own site, you are going to need a way to facilitate transactions — some kind of infrastructure that will allow a customer to select your product, pay for it, and also have it instantaneously delivered to them with whole hands-off automation. Payhip solves this problem.
What is Payhip?
Payhip is An that gives users with solutions and the tools for promoting products directly 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 have used a few of these previously.
Having A platform that is simple to use and one that does not require a huge amount of my valuable time is of utmost significance.
Payhip will Save you a great deal 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 taken care of, which is a big plus in my book.
- Affordable. The website takes zero charges asides From 5% per trade when you sell a item.
- Access 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 merchandise sharing tools. Plus it is possible to embed Your product and Buy Now buttons on blog or your own site.
- The Capacity to set mailing lists so that your customers can Subscribe and remain current with your goods, and much more.
- Immediate digital merchandise shipping via email link to buyers.
What I Enjoy About Payhip
Let us get to the information. Following my two + year Payhip expertise, here’s what I love about the ceremony…
Upgrades Are Instantaneous
Payhip let us your customers pay with PayPal Or by credit/debit card using Stripe, plus they do not pay out monthly/weekly/quarterly or force you to wait for them to clean some kind of holding period. When a customer makes a purchase, the cash is instantly available on your accounts, and if you have the PayPal and also Stripe programs installed on your mobile device, you’ll receive notifications whenever a sale happens. E Book
I happen to appreciate this. The excitement of Seeing a new sale never gets older. In addition, it is great to awake in the morning, reach to your telephone, and see 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 clients card with Stripe, there will be a three day hold before the cash is available. This is all Stripe though — Payhip doesn’t hold your cash at all.
No Monthly Fees
One of those things that Payhip originally sold me is that there’s no Monthly charges or setup charges — just a simple flat fee of 5 percent per sale.
This was attractive to me back in 2016 Because, at the time, my readership was less than 1/10th of what it is now, and I was not positive that I was likely to always sell enough product to warrant paying a monthly fee to get a similar service such as Gumroad. As a relatively new blogger having a small audience, Payhip was the quickest solution that best fit my situation.
Simple 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’s a to-the-point and really simple report.
If you used Google Analytics or Facebook analytics, the amount of data you’re instantly smacked in the face can be somewhat overwhelming, and lots of it’s largely useless also. Payhip just gives you exactly what you’re there to view — revenue information. Nothing more, nothing less.
Run Promotions with Coupon Codes
Another benefit users of Payhip encounter is Promotions to run by creating coupon codes.
The codes can be Like and for any (or all) products. They could run for any length you’d like (or even permanently,) and the code itself can even be customized to whatever series of text you would like.
I have found this to be very helpful. Sometimes I’ll conduct a weekend marketing, post it on Facebook, then raise the article targeting a pixel re-marketing audience and I never fail to go ROI positive with it. People do respond well to limited time offers. E Book
Your Own Affiliate Program
Payhip gives you the ability to let your Readers sign up as an affiliate of your shop, and you are able to grant them a commission of whatever percent you would like if someone buys a product with their customized affiliate link.
This is useful since it allows Men and Women To market your products for you, the commissions paid will be well worthwhile and if they have an audience of their own and a platform they can tap to.
Easy Integration with Email Marketing
You’ll be if you are into advertising Able to incorporate Payhip with your email marketing supplier that is chosen so that a sale is made, the purchaser’s email address can be added into a list.
This is relatively small but I think it’s Pretty cool so I wish to give it a mention — if you so desire, you can have Payhip stamp the purchaser’s email address into the top left corner of each page of a PDF document they have purchased.
So if someone plans to Purchase Your PDF Publication make it accessible for free somewhere else, they’ll have to be okay with their private email address being publicly accessible. I think that’s a creative way of deterring pirating.
Upload Most Sorts of Files
Payhip is not just a marketplace for ebooks — It’s possible to upload virtually any kind of file. Font documents, video/audio files, photographs, software, etc..
Total Simplicity and Modern Design
1 thing that can’t be overlooked whenever You’re selling something is your website looks. People generally don’t trust sites which appear obsolete, myself included. If a website looks like it hasn’t been upgraded because the net 2.0 days, I start to wonder if perhaps I am in an abandoned construction and placing my payment info into it’d pretty much be just like throwing my money into a black hole.
That is not the case with Payhip though. The Website has a easy and very contemporary layout. This is exactly what you would anticipate a checkout page from a company, In the event that you should purchase a merchandise on the internet. E Book
Another thing I enjoy about Payhip is its In general simplicity. From 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 (like price.) They do nothing to interfere with your purchase — no.
Finally, what I like about Payhip is That customer payment information isn’t stored by them, meaning your clients’ payment details are safe. The payment is handled through PayPal or Stripe, and I prefer it this way because they are successful companies with lots 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 service and would like to see improved…
No Mobile App
1 thing that bugs me around Payhip is that They don’t possess a program. It would be convenient to be able to start an app while I am out and about and take a look during my data. You can log into the website and do this, but the site isn’t even optimized for mobile devices.
I like Payhip, but this is a very Bad look in 2018. There is no reason you should not have a website optimized for mobile, and once you’ve got that, you should be able to easily turn the site itself into it’s own program so users do not need to manually register in every time they would like to inspect sales information. Users of Payhip encounter a better platform when they are on their mobile devices.
No Upsells or Add-Ons At Checkout
On the checkout page, I would like to see an capability that is Extra to indicate Other products. If they’re buying a bundle of logo templates for $5, then I suggest some other product which could interest them that they previously didn’t know about, or could offer a bundle of business card templates to get a couple of bucks. This is something that websites like Amazon and VistaPrint do well.
I can not help but feel like there’s a Great Deal of money being left on the Table — for both myself and Payhip — without this operation. This could enhance the Payhip encounter for both the client and the vendor.
Set On A Fixed Timezone
This one is mostly frivolous, but I Prefer to see it fixed.
Since Payhip is located in London, they have The functioning timezone for the whole website place to BST. Since I am found in the EST, I will sometimes check my stats at 7PM or later and see that I left 0 earnings for the day since Payhip thinks it is midnight and its own information reveals that.
This is mostly a non-issue, however I Would like to see that the capability to correct the site. E Book
More Flexibility with Coupon Codes
I know I raved about the voucher Code feature but it is not quite perfect just yet.
As it now stands, the sole promotion You’re able to run through a coupon code. Ideally, I’d love to be able to offer a dollar amount to set a sale price.
At the moment, if I want to put a product that is $27 Available for $10, I must break out the calculator and manually do the math to figure out what percentage off would render the cost at $10. I think this is unnecessary and may be made better.
When creating A brand new product in Payhip, you have access to innovative options which include —
- Make your product personal.
- Insert an ISBN (Internation Standard Book Number) for your eBook.
- Publish sample pages or a preview.
- Add a limitation amount sold.
- Generate a exceptional license key for each of your product/eBook sales.
Just how much does this cost?
Payhip will Cost you nothing or host your electronic products. The website takes just 5 percent commission per transaction fee.
Can I Recommend Payhip?
This leaves us with the burning question: after 2+ years as a seller on Payhip, do you recommend it? Overall, yes. I am a happy customer, but whether or not you should use it depends upon your own situation.
If you are a blogger with a small audience And you can not justify spending $10+ a month to get something like Gumroad, then yes, I would recommend Payhip. But if you sell a merchandise 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 works On a flat fee of 5 percent of every sale. Gumroad’s fee is now 3.5% + $0.30 per transaction + $10 a month.
If you’re going to be selling less than $1,000 per month in total quantity, the math should (in most cases) favor Payhip. But if you are selling well into the thousands, you’ll probably need to decide on Gumroad or start looking into some choice. This is largely dependent on how many transactions it takes to reach those sales numbers, however, so be sure to crunch the numbers on your own.
Personally, I love the Payhip Experience and am very grateful for their solutions. I want to see them continue to grow and succeed. E Book