Introduction Ebook Selling Platforms
Of all the ways of monetizing Articles that is blog, my favorite method is Such as studying design templates and materials, to make and sell digital products. I’ve found that it is extraordinarily profitable than running ads from networks such as AdSense, and products convert at a much higher rate than an affiliate product that someone else created. The support I use to ease this can be Payhip, and in this post I’ll be discussing what I like and dislike about the ceremony based on my Payhip experience as a vendor for two + years. Ebook Selling Platforms
My Payhip Experience
If you have ever wanted to market digital products Through your own website, you are going to want a means to facilitate trades — some sort of infrastructure that will allow a client to select your goods, cover it, and also have it immediately delivered to them with complete hands-off automation. Payhip solves this issue.
What is Payhip?
Payhip is An that provides customers with the easiest tools and solutions for hosting and selling digital products to their clients 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 using Payhip?
Each online Platform differs, and I’ve used a few of them previously.
Having A stage that is so easy to use and one that doesn’t take a massive amount of my precious time is of paramount importance.
Payhip will Save a great deal of time because everything is taken care of on the Payhip platform.
The Benefits that I’ve gained the most from using Payhip comprise –
- EU VAT is taken care of, and it is a big plus in my book.
- Affordable. The website takes zero charges asides From 5 percent per trade when you sell a product.
- Accessibility to analytics reports.
- Access to marketing tools. You have the option to create Social and coupons discounts.
- Ability to signup, handle and reward your affiliates.
- Access to product sharing tools. Plus you can embed Your merchandise and Buy Now buttons directly on your site or blog.
- The Capacity to set mailing lists so that your clients can Subscribe and stay up to date with your goods, and more.
- Instant digital product shipping via email link for customers.
What I Enjoy About Payhip
Let us get to the information. After my two year Payhip expertise, Here Is What I love about the service…
Upgrades Are Instantaneous
Payhip let’s your customers pay with PayPal Or from credit/debit card using Stripe, and they don’t pay out monthly/weekly/quarterly or force you to wait for them to clear some sort of holding period. When a client makes a purchase, the money is instantly available on your accounts, and if you’ve got the PayPal and also Stripe apps installed on your mobile device, you’ll receive notifications each time a sale occurs. Ebook Selling Platforms
I happen to love this. The excitement of Seeing a sale that is brand new never gets older. In addition, it is good to awake in the morning, reach to your phone, and see that you made X number of dollars while you were sleeping, and it is all readily available for you to spend. The only caveat to this is Stripe. If your clients pays by card with Stripe, there’ll be a three day hold before the money is available. This is Stripe though — Payhip does not hold your money at all.
No Monthly Charges
One of the things that Payhip initially sold me is that there’s no Monthly fees or installation charges — only a simple flat charge of 5 percent per purchase .
This was attractive to me back in 2016 Because, at the moment, my readership was less than 1/10th of what it’s now, and that I wasn’t positive that I was going to always sell enough product to warrant paying a monthly fee to get 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 enables you to view trades and earnings amounts relative to the day, month, week, year, or some other specified selection. On top of that, it is a report.
If you used Google Analytics or Facebook analytics, the amount of data you are immediately smacked in the face can be a bit overwhelming, and lots of it is mostly useless also. 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 encounter is By producing coupon codes, promotions to run.
The codes may be Like and for any (or all) products. They can run for any duration you want (or even permanently,) along with the code itself may even be customized to whatever string of text you would like.
I have found this to be useful. Sometimes I’ll run a weekend marketing, post it on Facebook, then boost the post targeting a pixel audience that is re-marketing and I never fail to go ROI positive by it. People do respond to limited time offers. Ebook Selling Platforms
Your Own Affiliate Program
Payhip Provides you the capability Readers register as an affiliate of your store, and if someone purchases a product you can grant.
This is useful since it allows people To market your products and should they have a stage and an audience of their own they can tap to, the commissions paid will be worth it.
Easy Integration with Email Marketing
You’ll be if you’re into email advertising Able to readily incorporate Payhip with your chosen email marketing supplier so that whenever a sale is made, the email address of the purchaser could be added to a list.
This is small but I think it’s Pretty cool so I wish to give it a mention — if you desire, you’ll have Payhip postage the buyer’s email address to the upper left corner of every page of a PDF document they’ve bought.
So if someone intends to buy your PDF Book make it accessible for free somewhere else, they will need to be fine with their private email address being available as well. I believe that is a means of deterring pirating.
Upload Many Kinds of Files
Payhip is a marketplace for ebooks — You can upload any kind of file. Font documents, video/audio files, photos, software, etc..
Total Simplicity and Modern Design
1 thing that can not be overlooked whenever You are selling something is your site looks. Individuals do not trust sites that look outdated, myself included. If a site looks like it hasn’t been upgraded since the web 2.0 days, I begin to wonder if maybe I am in an abandoned building and putting my payment information into 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 design that is simple and very modern. In the event that you were to purchase a product this is exactly what you’d expect a checkout page from a business to look like. Ebook Selling Platforms
Another thing I enjoy about Payhip is its own Overall simplicity. In the a visitor lands on your product page, Payhip stays out of the way. They display your images, sales copy, and just the crucial information (such as price.) They do nothing to interfere with your purchase — no self-promotion whatsoever.
Eventually, what I actually enjoy about Payhip is That they don’t store customer payment information, meaning that your clients’ payment details are safe. The payment is totally handled through Stripe or PayPal, and I prefer it that way as they’re successful companies with a lot of money to invest on top-shelf security.
What I Dislike About Payhip
As much as I like Payhip, it’s 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 have a mobile program. It would be convenient to be able to open an app while I’m out and around, and take a look. The site isn’t optimized for mobile devices, although you do this and can log into the website.
I enjoy Payhip, but that is a really Lousy appearance in 2018. There is no reason you shouldn’t have a website optimized for cellular, and when you have that, you should be able to easily turn the site itself into it’s own app so users do not need to manually register in every time they would like to inspect sales data. Users of Payhip encounter a platform when they’re on their mobile devices.
No Upsells or Add-Ons At Checkout
On the checkout page, I’d really like to see an ability that is added to suggest Other products. By way of example, if they are buying a package of logo templates for $5, then I might provide a bundle of business card templates to get a few added dollars, or suggest. This is something which sites like VistaPrint and Amazon do well.
I can not help but feel as though there’s a lot of money being left on the Table — for myself and Payhip — with no functionality. This may enhance the Payhip encounter for both the seller and the client.
Establish On A Fixed Timezone
This one is largely frivolous, but I had still Like to see it fixed.
Considering that Payhip is located at London, they’ve BST was place to by The functioning timezone for the entire site. Since I’m found in the EST, I will sometimes check my stats at 7PM or later and see that I made 0 sales for the day since Payhip thinks it is midnight and its information reveals that.
This is largely a non-issue, however I Would like to observe the capability to adjust the website. Ebook Selling Platforms
More Flexibility with Coupon Codes
I know I raved about the coupon It’s not perfect just yet, although code feature earlier.
As it stands, the advertising You can run through a coupon code is to get a percentage off. Ideally, I’d like to be able 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, manually do the math to determine what percent off would leave the cost and I have to break out the calculator. I think this is unnecessary and could be improved.
When creating A brand new product in Payhip, you have access to advanced options which include —
- Make your product personal.
- Add an ISBN (Internation Standard Book Number) for your eBook.
- Upload a preview or sample pages.
- To the number of copies of market or your product could be, add a limitation number sold.
- Generate a exceptional license key .
How much does this cost?
Payhip will Cost you nothing to set up or even host your products. The site takes only 5% commission per trade fee.
Would I Recommend Payhip?
This leaves us with the burning question: after two + years as a vendor on Payhip, would you recommend it? Total, yes. I am a client, but whether you ought to use it depends on your situation.
If you’re a new blogger with a small audience And you can’t justify spending $10+ per month to get something such as Gumroad, then yes, I would absolutely recommend Payhip. But if you market a merchandise that is high-ticket or have a huge audience and know that you’ll do at least $ 1,000 in sales each month, you might want to look into something most cost-efficient.
As of this date of this writing, Payhip works On a flat fee of 5 percent of each sale. Gumroad’s fee is now 3.5% + $0.30 per transaction + $10 per month.
If you’re going to be selling $1,000 per month in total quantity, the math should (typically ) prefer Payhip. But if you’re selling into the thousands, you’ll probably want to go with Gumroad or look into some other choice. This is dependent on how many transactions it requires to reach those sales numbers so be certain to crunch the numbers on your own.
Personally, I love the Payhip Experience and am grateful for their solutions. I would like to see them continue to grow and succeed. Ebook Selling Platforms