Introduction E Books For Sale
Of All of the ways of monetizing Articles, my Strategy is Like studying layout templates and materials, to make and sell digital products. I have discovered that it is extraordinarily profitable than running advertisements and products convert at a much greater rate than an affiliate product that someone else created. The service I use to facilitate this can be Payhip, and this article I’ll be discussing what I both like and dislike about the ceremony based in my Payhip expertise for a vendor for 2+ years. E Books For Sale
My Payhip Experience
If you wanted to sell digital products Through your own website, you’ll want a means to facilitate trades — some kind of infrastructure that will allow a client to select your goods, pay for it, and also have it immediately delivered to them with whole hands-off automation. Payhip solves this issue.
Payhip is An that gives users with solutions and the easiest tools for promoting electronic products directly to their customers 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 advantages of using Payhip?
Each online Platform is different, and I have used a few of them previously.
For me personally, having A platform that is really simple to use and one that doesn’t take a massive amount of my time that is valuable is of utmost significance.
Payhip will Save a lot of time also because everything is cared for on the Payhip platform.
The Benefits 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 site takes zero charges asides From 5 percent per trade when you sell a item.
- Access to analytics accounts.
- Access to advertising tools. You have the option to create Coupons and social discounts.
- Ability to signup, manage and reward your affiliates.
- Access to product sharing programs . Plus you can embed Your merchandise and purchase Now buttons on your site or blog.
- The ability to setup mailing lists so that your customers can Subscribe and stay current with your digital products, and much more.
- Immediate digital merchandise shipping via email link for customers.
What I Like About Payhip
Let us get to the information. After my two year Payhip expertise, Here Is What I really like about the service…
Upgrades Are Instantaneous
Payhip let us your customers pay with PayPal Or from credit/debit card with Stripe, plus they do not cover monthly/weekly/quarterly or make you wait around for them to clean some kind of holding period. When a customer makes a purchase, the money is instantly available on your account, and if you’ve got the PayPal and Stripe apps installed on your mobile device, you are going to get notifications each time a sale happens. E Books For Sale
I happen to appreciate this. The excitement of Seeing a brand new sale never gets older. In addition, it is good to awake in the morning, reach to your phone, and see that you made X amount of dollars while you’re sleeping, and it is all easily available for you to spend. The only caveat to this is Stripe. If your clients card using Stripe, there will be a three day hold before the cash is available. That is Stripe however — Payhip doesn’t hold your money in any way.
No Monthly Charges
One of those things that Payhip originally sold me on is that there’s no Monthly charges or setup charges — only a simple flat charge of 5% per purchase .
This was attractive to me in 2016 Since, at the moment, my readership was less than 1/10th of what it is 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 having a small audience, Payhip was the no-risk solution that best fit my situation.
Simple To Understand Analytics
Payhip’s back end Provides an analytics page That lets you see transactions and earnings amounts relative to the day, month, week, year, or any other specified range. Best of all, it’s a report that is to-the-point and simple.
If you have ever used Google Analytics or Facebook analytics, the amount of data you are immediately smacked in the face with can be somewhat overwhelming, and a lot of it’s mostly useless too. Payhip just gives you what you are there to view — revenue data. Nothing more, nothing less.
Run Promotions with Coupon Codes
Another advantage users of Payhip experience is The capacity to conduct promotions by producing coupon codes.
The codes can be Enjoy and for any (or all) products. They can run for any duration you want (or even indefinitely,) along with the code itself can even be customized to whatever string of text you would like.
I have found this to be helpful. Sometimes I will run a weekend marketing, post it on Facebook boost the article targeting a pixel audience that is re-marketing and I never fail to go ROI positive by it. People truly do respond to limited time offers. E Books For Sale
Your Own Affiliate Program
Payhip Provides you the ability Readers sign up as an affiliate of your store, and if someone purchases a product with their customized affiliate link, you are able to award.
This is useful because it allows other Men and Women To sell your products the commissions paid will be worthwhile and should they have a stage and an audience of their own they can tap to.
Easy Integration with Email Marketing
You will be if you’re into marketing Able to integrate Payhip with your email marketing provider so that a purchase is made, the purchaser’s email address can be added into a list that is selected.
This is relatively minor but I think it’s Pretty cool so I want to give it a reference — if you desire, you can have Payhip postage 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 buy your PDF Book make it accessible for free somewhere else, they’ll have to be fine with their email address being available. I think that is a means of deterring pirating.
Upload Most Sorts of Files
Payhip is not Only a market for ebooks — You can upload virtually any kind of file. Font files, video/audio files, photos, software, etc..
Overall Simplicity and Modern Design
1 thing that can’t be overlooked whenever You are selling something is the way current your site appears. People generally don’t trust sites which appear outdated, myself included. If a site looks like it has not been upgraded since the net 2.0 days, I begin to wonder if maybe I am in an abandoned building and putting 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 very modern and simple design. This is exactly what you’d anticipate a checkout page by a trusted business, if you should purchase a digital merchandise on the world wide web. E Books For Sale
Another thing that I enjoy about Payhip is its Overall simplicity. From the a visitor lands on your product page, Payhip remains out of the way. They display your graphics, sales copy, and only the crucial info (like price.) They do nothing to interfere with your sale — no self-promotion whatsoever.
Finally, 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 managed through Stripe or PayPal, and I prefer it that way as they are successful companies with a lot of cash.
What I Dislike About Payhip
As much as I like 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
1 thing that bugs me about Payhip is that They don’t have a mobile program. It would be convenient to be able to start an app while I am out and around and take a look through my data. You can log in to the website and do so, but the site isn’t optimized for mobile devices.
I enjoy Payhip, but that is a really 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 into it’s own app so users don’t need to manually sign in every time they would like to inspect sales data. Users of Payhip encounter a better platform when they’re on their cellular devices.
No Upsells or Add-Ons At Checkout
On the checkout page, I’d like to see an capability that is added to suggest Other products similar to what the client is about to buy. By way of instance, if they are purchasing a bundle of templates for $5, I propose some other similar product that could interest them that they didn’t know about, or could provide a bundle of business card templates to get a few dollars. This is something that websites like VistaPrint and Amazon do.
I can not help but feel as though there is a Great Deal of money being left on the Table — for both myself and Payhip — without this functionality. This may improve 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 corrected.
Considering that Payhip is located in London, they’ve The working timezone for the entire website set 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 sales for the day since Payhip believes it’s midnight and its own data reflects that.
This is a non-issue, but I Would love to see the capability to correct the site. E Books For Sale
More Flexibility with Coupon Codes
I know I raved about the coupon Code feature but it’s not quite perfect just yet.
As it now stands, the only promotion You can run via a coupon code. I’d love to have the ability to supply a dollar amount to set a sale price that is predetermined.
Right Now, if I want to place a product that is $27 On sale for $10, do the math to figure out what percent off will leave the cost and I must break out the calculator. I think this is unnecessary and could be improved.
When creating A brand new product in Payhip, you also have access to innovative alternatives including —
- Make your merchandise private.
- Add an ISBN (Internation Standard Book Number) to your eBook.
- Publish sample pages or a few preview.
- Insert a limit number to the number of copies of eBook or your product could be sold.
- Generate a license key that is exceptional for all your product/eBook sales.
How much does this cost?
Payhip will Cost you nothing or host your products. The website takes just 5 percent commission per transaction fee.
Would I Recommend Payhip?
This leaves us with the burning question: after 2years as a seller on Payhip, would you recommend it? Overall, yes. I am very much a satisfied customer, but whether or not you should use it depends on your situation.
If you’re a blogger with a small audience And you can’t justify spending $10+ per month for something such as Gumroad, then yes, I would recommend Payhip. But in case you sell a product that is high-ticket or have a massive audience and know that you’ll do at least $ 1,000 in sales every month, you may want to look into something most cost effective.
As of this date of this writing, Payhip functions On a flat fee of 5 percent of each sale. Gumroad’s fee is currently 3.5% + $0.30 per transaction + $10 a month.
If you’re going to be promoting $1,000 per month in total quantity, the math should (typically ) favor Payhip. But if you’re selling into the thousands, you need to decide on Gumroad or look into another alternative. That is all largely dependent on how many transactions it takes to reach those sales numbers, however, so be sure that you crunch the numbers on your own.
Personally, I love the Payhip Experience and am really thankful for their solutions. I would like to see them continue to grow and succeed. E Books For Sale