Intro E Book S
Of all the ways of Creating blog Articles, my Strategy is Such as learning materials and design templates to create and sell digital products. I have found that it’s extraordinarily more rewarding than running advertisements and products convert at a greater rate than an affiliate product that somebody else created. The service I use to facilitate this can be Payhip, and this article I will be sharing what I like and dislike about the service based on my Payhip experience as a seller for 2+ years. E Book S
My Payhip Expertise
If you’ve ever wanted to sell digital products Through your own site, you’ll want a way to facilitate transactions — some kind of infrastructure which will enable a client to select your product, cover it, and also have it immediately delivered to them with whole hands-off automation. Payhip solves this issue.
Payhip is An e-commerce platform/website that gives customers with options and the tools for promoting digital products to their clients and hosting online.
The company Was co-founded by Abs Farah and Kahin Farah and is now based in my capital city of London.
Which are the benefits of utilizing Payhip?
Each online Platform differs, and I have used a couple of them previously.
For me personally, having A platform that is so easy to use and one that does not require a huge amount of my time is of utmost importance.
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, and it is a huge plus in my book.
- Affordable. The site takes zero charges asides From 5 percent per transaction when you sell a product that is digital.
- Accessibility to analytics reports.
- Access to advertising tools. You have the option to make Coupons and social discounts.
- Capability to signup, handle and reward your own affiliates.
- Access to product sharing tools. Plus you can embed Your merchandise and Buy Now buttons directly on blog or your own website.
- The ability to set mailing lists so that your clients can Subscribe and stay up to date with your digital goods, and much more.
- Instant digital product shipping via email link to customers.
What I Like About Payhip
Let us get to the information. After my 2 year Payhip experience, Here Is What I really like about the service…
Upgrades Are Instantaneous
Payhip let us your customers pay with PayPal Or by credit/debit card using Stripe, plus they do not cover monthly/weekly/quarterly or force you to wait around for them to clean some kind of holding period. When a customer makes a purchase, the money is immediately available on your account, and if you have the PayPal and Stripe apps installed on your mobile device, you’ll get notifications each time a sale happens. E Book S
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 to 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 caveat to this can be Stripe. If your customers card with Stripe, there’ll be a three day hold before the money is available. That is Stripe however — Payhip doesn’t hold your cash at all.
No Monthly Fees
Among the things that Payhip initially sold me on is that there is no Monthly fees or setup charges — only a simple flat fee of 5 percent per sale.
This was appealing to me back Since, at the time, my readership was 1/10th of what it’s now, and I was not positive I was likely to always sell enough product to justify paying a monthly fee to get a similar service like Gumroad. As a relatively new blogger having a small crowd, Payhip was the no-risk solution that best match my situation.
Easy To Know Analytics
Payhip’s back end offers an page That enables you to see transactions and earnings amounts relative to this day, week, month, year, or any other specified selection. Best of all, it is a very simple and to-the-point report.
If you used Google Analytics or Facebook analytics, the number of information you’re immediately smacked in the face with can be a bit overwhelming, and lots of it’s largely useless also. Payhip just provides you exactly what you’re there to see — sales information. Nothing more, nothing less.
Run Promotions with Coupon Codes
Another advantage users of Payhip encounter is By producing coupon codes promotions to run.
The codes can be Enjoy and for any (or all) products. They can run for whatever duration you want (or even indefinitely,) and the code itself may even be customized to whatever string of text you would like.
I’ve found this to be useful. Sometimes I will run a weekend marketing, place it on Facebook boost the article targeting a pixel audience and I don’t fail to go ROI positive with it. People really do respond to limited time offers. E Book S
Your Own Affiliate Program
Payhip Provides you the ability to let your Readers sign up as an affiliate of your shop, and you are able to grant someone buys a product using their custom affiliate link.
This is useful because it allows people To sell your merchandise for you, the commissions paid will be worth it and should they have a platform and an audience of their own that they can tap to.
Easy Integration with Email Marketing
You’ll be, if you’re into marketing Able to readily incorporate Payhip along with your email advertising provider that is chosen so that whenever a sale is made, the email address of the purchaser can be added to a selected list.
That is relatively small but I think it’s Pretty cool so I want to give it a reference — if you so desire, you’ll have Payhip stamp the buyer’s email address to the upper left corner of each page of a PDF document they’ve bought.
So if someone plans to Purchase Your PDF Book then make it accessible for free somewhere else, they’ll need to be fine with their personal email address being publicly accessible also. I think that is a way of deterring pirating.
Upload Many Kinds of Files
Payhip is a marketplace for ebooks — You can upload any kind of file. Font files, video/audio files, photographs, software, etc..
Overall Simplicity and Modern Design
One thing that can not be overlooked whenever You are selling something is how current your site appears. Individuals generally do not trust myself included. If a website looks like it hasn’t been upgraded since the web 2.0 times, then I begin to wonder if maybe I’m in an abandoned construction and placing my payment info 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 easy and very modern. This is what you’d anticipate a checkout page by a company to appear like, In the event that you were to purchase a digital merchandise on the internet. E Book S
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 graphics, sales copy, and only the crucial information (like price.) They do nothing to interfere with your purchase — no.
Finally, what I really like about Payhip is That they do not store customer payment information, meaning your customers’ payment details are secure. The payment is completely handled through Stripe or PayPal, and I prefer it that way as they are big, 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 things that I dislike about the service and would like to see improved…
No Mobile App
One thing that bugs me around Payhip is that They don’t possess a mobile program. It would be convenient to have the ability to start an app and take a look while I’m out and about. The website is optimized for mobile devices, although you do so and may log into the site.
I like Payhip, but that is a very Bad look in 2018. There is 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 program so users do not have to manually sign in each time they want to check sales information. Let users of Payhip experience a much better platform when they’re on their devices.
No Upsells or Add-Ons In Checkout
On the checkout page, I would really like to see an ability to suggest Other products similar to what the customer is about to buy. If they are purchasing a bundle of logo templates for $5, then I might offer a package of business card templates or propose. This is something that sites like Amazon and VistaPrint do.
I can not help but feel as though there’s a Great Deal of money being left on the Table — for myself and Payhip — with no operation. This could enhance the Payhip experience for both the seller and the client.
Establish On A Fixed Timezone
This one is frivolous, but I’d still Like to see it fixed.
Since Payhip is located at London, they have BST was place to by the working timezone for the website. Since I am located in the EST, I’ll sometimes check my analytics at 7PM or later and see that I made 0 earnings for the day since Payhip thinks it is midnight and its information reveals that.
This is mostly a non-issue, however I Would like to see the ability to adjust the site to your own timezone. E Book S
More Flexibility with Coupon Codes
I know I raved about the coupon It’s not quite perfect just yet, although code feature earlier.
As it currently stands, the only advertising You can run through a coupon code is for a percent off. Ideally, I’d like to have the ability to offer a dollar amount to set a sale price.
Right Now, if I Need to place a $27 merchandise Available for $10, manually do the math to determine what percentage off would leave the cost and I must break out the calculator. I think this is unnecessary and could be made better.
When creating A new product in Payhip, you also have access to innovative alternatives including —
- Make your product private.
- Insert an ISBN (Internation Standard Book Number) for your eBook.
- Publish sample pages or a preview.
- To how many copies of your product or eBook could be Insert a limit amount sold.
- Create a license key that is exceptional .
How much does it cost?
Payhip will Cost you or host your digital products. The site takes just 5 percent commission per transaction fee.
Would I Recommend Payhip?
This leaves us with the burning question: after two years as a vendor on Payhip, do you recommend it? Overall, yes. I am very much a client, but whether or not you ought to use it depends on your own situation.
If you’re a new blogger with a small audience And you can not justify spending $10+ a month for something such as Gumroad, then yes, I would absolutely recommend Payhip. If you know you’ll do at least $ 1,000 in sales each month and sell a merchandise or have a huge audience, you may want to check into something.
As of this date of this writing, Payhip functions On a set fee of 5% of every sale. Gumroad’s fee is now 3.5% + $0.30 per transaction + $10 a month.
If you are going to be selling $1,000 a month in total volume, the mathematics should (in most cases) favor Payhip. But if you are selling into the thousands, you want to decide on Gumroad or start looking into another choice. That is mostly dependent on the number of transactions it takes to achieve those sales numbers though, so be certain to crunch the numbers.
Personally, I love the Payhip Expertise and am grateful for their services. I would like to see them continue to grow and succeed. E Book S