Introduction Ebook Selling Sites
Of All of the ways of monetizing content that is blog, my method is Like learning materials and design templates to make and sell digital products. I’ve discovered that it’s extraordinarily more profitable than running advertisements and self-made products convert at a significantly greater rate than an affiliate product that somebody else created. The support I use to ease this can be Payhip, and this article I’ll be discussing what I like and dislike about the ceremony based in my Payhip experience for a seller for two + years. Ebook Selling Sites
My Payhip Experience
If you wanted to sell digital products Through your own site, you are going to need a way to facilitate transactions — some kind of infrastructure which will enable a customer to select your product, pay for it, and also have it immediately delivered to them with complete hands-off automation. Payhip solves this issue.
Payhip is An e-commerce platform/website that provides customers with the tools and options for selling products directly to their customers 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 utilizing Payhip?
Each online Platform is different, and I have used a couple of them in the past.
Having A platform that is so simple to use and one that does not require a huge amount of my time that is valuable 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 include –
- EU VAT is taken care of, and it can be a big plus in my book.
- Affordable. The website takes zero fees asides From 5 percent per transaction when you sell a item that is digital.
- Access to analytics reports.
- Access to marketing tools. You have the option to make Coupons and social discounts.
- Ability to signup, manage and reward your own affiliates.
- Access to product sharing programs . Plus you can embed Your product and purchase Now buttons directly on blog or your own site.
- The ability to set mailing lists so that your customers can Subscribe and remain current with your electronic products, and more.
- Immediate digital merchandise delivery via email link for buyers.
What I Like About Payhip
Let’s get to the details. After my 2 year Payhip expertise, here’s what I love about the ceremony…
Upgrades Are Instantaneous
Payhip let’s your customers pay with PayPal Or by credit/debit card with Stripe, and they do not pay out monthly/weekly/quarterly or make you wait around for them to clean some sort of holding period. When a client makes a purchase, the money is immediately available in your accounts, and in case you’ve got the PayPal and also Stripe programs installed on your mobile device, you are going to get notifications each time a sale occurs. Ebook Selling Sites
I happen to love this. The excitement of Seeing a sale that is brand new never gets old. It’s also great to awake in the morning, reach for your phone, and see that you made X amount of dollars while you’re sleeping, and it’s all easily available for you to spend. The caveat to this can be Stripe. If your clients pays by card with Stripe, there’ll be a 3 day hold before the cash is available. This is all Stripe however — Payhip doesn’t hold your money in any way.
No Monthly Charges
One of the things that Payhip initially sold me on is that there’s no Monthly fees or installation charges — just a simple flat fee of 5% per purchase .
This was appealing to me back in 2016 Because, at the time, my readership was 1/10th of what it is now, and that I wasn’t positive I was likely to always sell enough product to justify paying a monthly fee to get a similar service such as Gumroad. As a relatively new blogger with a little crowd, Payhip was the no-risk solution that best match my situation.
Simple To Know Analytics
Payhip’s back end Provides an page That lets you view trades and earnings amounts relative to this day, week, month, year, or some other specified selection. Best of all, it is a report that is very simple and to-the-point.
If you have ever used Google Analytics or Facebook analytics, the amount of information you are immediately smacked in the face can be somewhat overwhelming, and lots of it’s largely useless too. Payhip just gives you exactly what you are there to view — sales information. 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 for almost any percentage you would Like and for any (or all) products. They can run for whatever duration you’d like (or even indefinitely,) along with the code itself may even be customized to whatever string of text you desire.
I have found this to be helpful. Sometimes I’ll run a weekend promotion, post it on Facebook, then raise the post targeting a pixel audience and I never fail to go ROI positive by it. People truly do respond to limited time offers. Ebook Selling Sites
Your Own Affiliate Program
Payhip gives you the capability to let your Readers register as an affiliate of your shop, and you can grant them a commission of whatever percentage you would like someone purchases a product using their custom affiliate link.
This is useful because it allows other Men and Women To market your products and if they have a stage and an audience of their own that they can tap to, the commissions paid will be worth it.
Easy Integration with Email Marketing
If you are into marketing, you’ll be Able to integrate Payhip with your email advertising supplier that is chosen so that a sale is made, the email address of the purchaser can be added to a selected list.
That is small but I think it’s Pretty cool so I want to give it a mention — if you desire, you’ll have Payhip stamp the buyer’s email address into the top left corner of every page of a PDF document they’ve bought.
So if someone plans to Purchase Your PDF Publication make it available for free somewhere else, they will need to be fine with their personal email address being accessible as well. I think that’s a creative way of deterring pirating.
Upload Most Kinds of Files
Payhip is not just a marketplace for ebooks — It’s possible to upload virtually any sort of file. Font files, video/audio documents, photographs, software, etc..
Overall Simplicity and Modern Design
One thing that can not be overlooked whenever You are selling something is your website looks. Individuals generally don’t trust websites that look obsolete, myself included. If a website looks like it has not been updated since the web 2.0 days, I begin 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 true with Payhip though. The Website has a very modern and easy layout. In the event that you were to buy a merchandise on the world wide web, this is exactly what you would expect a checkout page from a trusted business. Ebook Selling Sites
Another thing that I like about Payhip is its In general simplicity. In the very second a visitor lands on your product page, Payhip stays out of the way. They display your graphics, sales copy, and only the critical information (such as price.) They do absolutely nothing to interfere with your purchase — no self-promotion whatsoever.
Finally, what I really like about Payhip is That customer payment info isn’t stored by them, meaning your clients’ payment details are secure. The payment is handled through Stripe or PayPal, and I prefer it that way because they’re large companies with a lot of cash.
What I Dislike About Payhip
As much as I like Payhip, it is far from perfect. Here are some items that I dislike about the ceremony and would like to see enhanced…
No Mobile App
One thing that bugs me about Payhip is that They do not possess a app. It would be convenient to have the ability to start an app while I’m out and about, and take a look. The site isn’t even optimized for mobile devices, although you may log in to the site and do this.
I enjoy Payhip, but that is a really Lousy look in 2018. There’s no reason you shouldn’t have a website optimized for cellular, and when you have that, you ought to be able to easily turn the website itself right into it’s own app so users don’t have to manually register in each time they would like to check sales data. Permit users of Payhip experience a platform when they’re on their devices.
No Upsells or Add-Ons At Checkout
On the checkout page, I would really like to see an Extra capability to suggest Other products similar to what the client is about to purchase. By way of instance, if they’re purchasing a bundle of templates for $5, I could offer a bundle of business card templates or suggest some other product that may interest them they previously didn’t know about. This is something which websites like VistaPrint and Amazon do.
I can’t help but feel like there’s a lot of money being left on the Table — for myself and Payhip — with no operation. This may enhance the Payhip encounter for both the customer and the vendor.
Establish On A Fixed Timezone
This one is mostly frivolous, but I had still Prefer to see it fixed.
Considering that Payhip is located in London, they’ve BST was place to by the timezone for the whole site. Since I’m found in the EST, I’ll sometimes check my stats at 7PM or later and see that I left 0 sales for the day because Payhip believes it’s midnight and its information reflects that.
Again, this is mostly a non-issue, however I Would love to see that the ability to correct the website to your timezone. Ebook Selling Sites
More Flexibility with Coupon Codes
I know I raved about the voucher It’s not perfect, although code feature earlier.
As it now stands, the only promotion You can run through a coupon code. Ideally, I’d love to be able to offer a dollar amount from the initial cost, or the ability to set a predetermined sale price.
Right Now, if I want to place a $27 merchandise On sale for $10, I must break out the calculator and manually do the math to figure out what percentage off would render the price. I think this is unnecessary and could be improved.
When creating A brand new product in Payhip, you have access to innovative options which include —
- Make your product private.
- Add an ISBN (Internation Standard Book Number) for your eBook.
- Publish sample pages or a couple of preview.
- To how many copies of your product or market can be, Insert a limit number sold.
- Create a license key that is unique .
How much does this cost?
Payhip will Cost you nothing or even 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 2years as a vendor on Payhip, do you recommend it? Overall, yes. I am very much a customer, but whether you should use it depends upon your situation.
If you are a blogger with a small audience And you can not justify spending $10+ per month for something such as Gumroad, then yes, I would recommend Payhip. But in case you have a massive audience or sell a product 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 the date of the writing, Payhip works 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 promoting less than $1,000 per month in total quantity, the math should (in most cases) favor Payhip. But if you are selling into the thousands, you’ll probably need to decide on Gumroad or start looking into some alternative. This is dependent on the number of transactions it takes to reach those sales numbers, however, so be sure that you crunch the numbers on your own.
Personally, I absolutely love the Payhip Expertise and am grateful for their solutions. I would like to see them continue to grow and succeed. Ebook Selling Sites