Intro Ebook Download
Of All of the ways of Creating blog content, my favorite Strategy is To make and sell electronic products such as studying materials and layout templates. I have found that it’s extraordinarily rewarding than running advertisements from networks such as AdSense, and self explanatory products convert at a higher rate compared to an affiliate product that somebody else created. The service I use to facilitate this can be Payhip, and this post I’ll be discussing what I both like and dislike about the service based on my Payhip expertise as a vendor for two + years. Ebook Download
My Payhip Expertise
If you have ever wanted to sell digital products Through your own site, you are going to want a way to facilitate trades — some kind of infrastructure which will enable a customer to select your goods, pay for it, and 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 the easiest tools and options for promoting digital products straight 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.
What are the benefits of using Payhip?
Each online Platform differs, and I’ve used a few of them in the past.
Having A stage that is really simple to use and one that does not take a huge amount of my time that is precious is of paramount significance.
Payhip will Save a lot of time because everything is taken care of on the Payhip platform.
The Advantages that I’ve gained the most from using Payhip include –
- EU VAT is taken care of, which can be a big plus in my book.
- Affordable. The site takes zero fees asides From 5% per transaction when you sell a digital item.
- Access to analytics accounts.
- Access to marketing tools. You have the option to create Societal and Coupons discounts.
- Capability to signup, handle and reward your affiliates.
- Access to merchandise sharing tools. Plus you can embed Buy and your merchandise Now buttons on blog or your own site.
- The Capacity to setup mailing lists so that your clients can Subscribe and stay current with your goods, and more.
- Immediate digital merchandise shipping via email link to customers.
What I Enjoy About Payhip
Let us get to the information. Following my two year Payhip experience, here’s what I really like about the service…
Upgrades Are Instantaneous
Payhip let us your customers pay with PayPal Or by credit/debit card with Stripe, and they don’t pay out monthly/weekly/quarterly or force you to wait around for them to clean some sort of holding period. When a customer makes a purchase, the cash is instantly available on your accounts, and in case you’ve got the PayPal and Stripe programs installed on your mobile device, you are going to get notifications each time a sale happens. Ebook Download
I happen to love this. The excitement of Seeing a brand new sale never gets old. In addition, it is great to awake in the morning, reach to your telephone, and also see that you made X number of dollars while you were sleeping, and it is all easily available for you to spend. The caveat to this is Stripe. If your clients pays by card with Stripe, there will be a 3 day hold before the money is available. That is all Stripe however — Payhip doesn’t hold your money in any way.
No Monthly Charges
Among those things that Payhip originally sold me on is that there’s no Monthly fees or setup charges — just a simple flat fee of 5% per sale.
This was appealing to me in 2016 Since, at the time, my readership was 1/10th of what it’s now, and that I wasn’t positive I was going to consistently sell enough product to justify paying a monthly fee for a similar service like Gumroad. As a relatively new blogger with a small audience, Payhip was the quickest solution that best fit my scenario.
Simple To Understand Analytics
Payhip’s back end offers an page That lets you see transactions and earnings quantities relative to this day, month, week, year, or some other specified range. On top of that, it is a report that is straightforward and to-the-point.
If you have ever used Google Analytics or Facebook analytics, the amount of data you’re immediately smacked in the face can be a bit overwhelming, and lots of it is largely useless too. Payhip just gives you what you are there to see — revenue data. Nothing more, nothing less.
Run Promotions with Coupon Codes
Another benefit users of Payhip encounter is Promotions to run by producing coupon codes.
The codes may be Like and for any (or all) products. They could run for any length you’d like (or even indefinitely,) along with 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 run a weekend marketing, place it on Facebook, then boost the article targeting a pixel audience and I never fail to go ROI positive by it. People truly do respond well to limited time offers. Ebook Download
Your Own Affiliate Program
Payhip gives you the capability Readers register as an affiliate of your shop, and you can award, if someone buys a product using their customized affiliate link.
This is useful since it allows Men and Women To sell your products the commissions paid will be well 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 will be if you are into marketing Able to incorporate Payhip along with your email advertising supplier that is chosen so that if a sale is made, the email address of the purchaser could be added to a list.
That is relatively small but I think it’s Pretty cool so I want to give it a mention — if you desire, you can have Payhip stamp the buyer’s email address into the upper left corner of every page of a PDF document they have purchased.
So if someone intends to Purchase Your PDF Publication then make it accessible for free they will have to be okay with their email address being accessible. I believe that’s a creative means of deterring pirating.
Upload Many Sorts of Files
Payhip is not just a market for ebooks — It’s possible to upload virtually any sort of file. Font documents, video/audio files, photos, software, etc..
Overall Simplicity and Modern Design
1 thing that can not be overlooked whenever You’re selling something is your site appears. Individuals generally do not trust sites that look outdated, myself included. If a site looks like it has not been updated since the web 2.0 times, then I begin to wonder if maybe I am in an abandoned construction and placing my payment information into it would pretty much be just like throwing my money into a black hole.
That is not the case with Payhip though. The Website has a layout that is very contemporary and easy. This is what you would anticipate a checkout page by a trustworthy company to look like, In the event that you were to purchase a product on the internet. Ebook Download
Another thing I like about Payhip is its own In general simplicity. From the moment a visitor lands on your product page, Payhip stays out of the way. They display your graphics, sales copy, and only the crucial information (such as price.) They do nothing to interfere with your sale — no self-promotion whatsoever.
Eventually, what I really like about Payhip is That customer payment info isn’t stored by them, meaning that your customers’ payment details are secure. The payment is completely handled through Stripe or PayPal, and I prefer it that way because they’re successful companies with lots of money.
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 ceremony and would like to see improved…
No Mobile App
One thing that bugs me about Payhip is that They don’t possess a mobile program. It would be convenient to be able to start an app while I am out and about and have a look. You may log in to the site and do so, but the site is optimized for mobile devices.
I enjoy Payhip, but this is a really Lousy appearance in 2018. There’s no reason you shouldn’t have a site optimized for cellular, and when you’ve got that, you should be able to easily turn the website itself into it’s own app so users do not need to manually register in every time they would like to inspect sales data. Permit 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 added capability to indicate Other products similar to what the client is about to purchase. If they’re purchasing a package of logo templates for $5, then I might offer a bundle of business card templates to get a few extra dollars, or propose. This is something that sites like Amazon and VistaPrint do very well.
I can’t help but feel as though there’s a Great Deal of money being left on the Table — for both myself and Payhip — without this operation. This may improve the Payhip encounter for both the client and the vendor.
Set On A Fixed Timezone
This one is largely frivolous, but I had still Like to see it corrected.
Considering that Payhip is located at London, they’ve BST was place to by the working timezone for the entire website. Since I’m found in the EST, I’ll occasionally check my stats at 7PM or afterwards and see that I left 0 earnings for the day since Payhip thinks it’s midnight and its own data reflects that.
Again, this is a non-issue, however I Would like to see that the ability to correct the site to your timezone. Ebook Download
More Flexibility with Coupon Codes
I know I raved about the voucher It is not quite perfect just yet, although code feature earlier.
As it now stands, the advertising You’re able to run through a coupon code is for a percent off. Ideally, I’d like to have the ability to supply a dollar amount from the price, or the ability to set a sale price that is specified.
Right Now, if I Need to place a $27 product Available for $10, I must break out the calculator and do the math to determine what percentage off will leave the last cost at $10. I believe that is unnecessary and could be improved.
When creating A brand new product in Payhip, you also have access to innovative alternatives including —
- Make your product personal.
- Insert an ISBN (Internation Standard Book Number) for your eBook.
- Upload a preview or sample pages.
- Add a limit number to how many copies of market or your product can be sold.
- Generate a license key for all your product/eBook revenue.
How much does it cost?
Payhip will Cost you nothing or even host your electronic products. The site takes just 5% commission per transaction fee.
Would I Recommend Payhip?
This leaves us with the burning question: after two + years as a vendor on Payhip, would you recommend it? Overall, yes. I am a satisfied client, but whether or not you should use it depends upon your situation.
If you’re a blogger with a small audience And you can not justify spending $10+ a month to get something such as Gumroad, then yes, I would absolutely recommend Payhip. However, in case you know you’ll do at least $ 1,000 in sales every month and sell a product that is high-ticket or have a huge audience, you might want to check into something most cost effective.
As of this date of this writing, Payhip functions On a flat fee of 5% 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 volume, the mathematics should (typically ) favor Payhip. But if you’re selling into the thousands, you need to go with Gumroad or start looking into some other alternative. That is all dependent on how many transactions it takes to achieve those sales numbers though, so be certain to crunch the numbers.
Personally, I absolutely love the Payhip Experience and am really grateful for their services. I want to see them continue to grow and succeed. Ebook Download