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Of all the ways of monetizing blog content, my favorite Strategy is Such as studying materials and design templates to create and sell products. I have found that it is extraordinarily profitable than running ads and products convert at a much greater rate than an affiliate product that somebody else created. The support I use to facilitate this can be Payhip, and in this post I will be sharing what I both like and dislike about the ceremony based on my Payhip expertise for a seller for 2+ years. Ebook Store
My Payhip Expertise
If you wanted to market products Through your own website, you’ll need a means to facilitate transactions — some sort of infrastructure that will allow a client to select your goods, pay for it, and have it instantaneously delivered to them with whole hands-off automation. Payhip solves this issue.
What is Payhip?
Payhip is An e-commerce platform/website that gives customers with the easiest tools and options for hosting and promoting electronic 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.
Which are the benefits of utilizing Payhip?
Each online Platform is different, and I’ve used a couple of these previously.
For me, having A platform that is simple to use and one that does not take a huge amount of my time that is precious is of utmost 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 cared for, and it is a huge plus in my book.
- Affordable. The website takes zero fees asides From 5% per transaction when you sell a item that is digital.
- Accessibility to analytics accounts.
- Access to marketing tools. You have the option to create Societal and coupons discounts.
- Ability to signup, manage and reward your own affiliates.
- Access to merchandise sharing programs . Plus you can embed Buy and your product Now buttons on your own website or blog.
- The Capacity to set mailing lists so that your clients can Subscribe and remain up to date with your goods, and much more.
- Immediate digital merchandise shipping via email link for buyers.
What I Enjoy About Payhip
Let’s get to the details. Following my 2 year Payhip experience, Here Is What I love about the ceremony…
Upgrades Are Instantaneous
Payhip let’s your customers pay with PayPal Or by credit/debit card using Stripe, plus they do not cover monthly/weekly/quarterly or make you wait for them to clear some sort of holding period. When a customer makes a purchase, the money is immediately available in your account, and if you have the PayPal and also Stripe programs installed on your mobile device, you are going to receive notifications each time a sale occurs. Ebook Store
I happen to love this. The excitement of Seeing a sale never gets old. It’s also good to awake in the morning, reach to your telephone, and also see you made X number of dollars while you’re sleeping, and it’s all easily available for you to spend. The only caveat to this is Stripe. If your clients pays by card with Stripe, there’ll be a 3 day hold before the cash is available. That is all Stripe however — Payhip does not hold your money at all.
No Monthly Fees
One of the things that Payhip initially sold me is that there is no Monthly charges or installation charges — only a simple flat charge of 5 percent per purchase .
This was appealing to me back in 2016 Because, at the moment, my readership was 1/10th of what it’s now, and that 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 crowd, Payhip was the no-risk solution that best match my scenario.
Simple To Know Analytics
Payhip’s back end offers an page That enables you to see trades and earnings amounts relative to this day, week, month, year, or any other given selection. Best of all, it’s a report that is to-the-point and simple.
If you used Google Analytics or Facebook analytics, the number of information you’re instantly smacked in the face can be a bit overwhelming, and a lot of it’s mostly useless also. Payhip just provides you what you’re there to view — sales data. Nothing more, nothing less.
Run Promotions with Coupon Codes
Another advantage users of Payhip experience is By creating coupon codes, promotions to conduct.
The codes can be for any percentage you would Enjoy and for any (or all) products. They can run for any length you’d like (or even indefinitely,) along with the code itself may even be customized to whatever series of text you desire.
I’ve found this to be useful. Occasionally I will conduct a weekend marketing, post it on Facebook, then boost the article targeting a pixel audience and I never fail to go ROI positive with it. People do respond well to limited time offers. Ebook Store
Your Own Affiliate Program
Payhip Provides you the capability to let your Readers register as an affiliate of your store, and you are able to grant them a commission of whatever percent you’d like, if someone purchases a product using their customized affiliate link.
This is useful since it allows Men and Women To sell your merchandise for you, the commissions paid will be well worth it and if they have an audience of their own and a platform that they can tap into.
Easy Integration with Email Marketing
You will be, if you’re into email advertising Able to incorporate Payhip along with your email marketing provider that is chosen so that whenever a purchase is made, the purchaser’s email address can be added into a list that is chosen.
This is relatively minor but I think it’s Pretty cool so I wish to give it a reference — if you so desire, you’ll have Payhip stamp the purchaser’s email address into the top left corner of every page of a PDF document they’ve bought.
So if someone intends to Purchase Your PDF Publication subsequently make it publicly available for free they’ll have to be fine with their email address being publicly available. I think that’s a means of deterring pirating.
Upload Most Kinds of Files
Payhip isn’t Only a market for ebooks — It’s possible to upload any sort of file. Font documents, video/audio documents, photos, software, etc..
Total Simplicity and Modern Design
1 thing that can not be overlooked whenever You are selling something is your website looks. People do not trust websites that appear obsolete, myself included. If a site looks like it has not been upgraded because the web 2.0 days, I start to wonder if perhaps I am in an abandoned construction and putting my payment info into it would pretty much be like throwing my money into a black hole.
That’s not true with Payhip though. The Website has a design that is very modern and easy. This is what you would expect a checkout page from a trusted business, if you should purchase a digital merchandise on the world wide web. Ebook Store
Another thing that I enjoy about Payhip is its own Overall simplicity. From the a visitor lands on your product page, Payhip remains out of the way. They display your graphics, sales copy, and just the critical info (like price.) They do nothing to interfere with your sale — no self-promotion whatsoever.
Finally, what I enjoy about Payhip is That customer payment info isn’t stored by them, meaning that your customers’ payment details are secure. The payment is managed through PayPal or Stripe, and I prefer it that way because they’re large 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 ceremony and would like to see enhanced…
No Mobile App
1 thing that bugs me around Payhip is that They do not possess a mobile app. It’d be convenient to have the ability to open an app while I’m out and about, and take a look through my sales data. You do this and can log in to the site, but the site is optimized for mobile devices.
I like Payhip, but this is a very Bad look in 2018. There’s 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 website itself right into it’s own app so users do not have to manually register in every time they would like to check sales information. Users of Payhip experience a 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 added capability to suggest Other products. By way of instance, if they’re purchasing a package of templates for $5, then I might offer a package of business card templates or propose. This is something that websites like VistaPrint and Amazon do well.
I can not help but feel like there’s a Great Deal of money Table — for myself and Payhip — with no functionality. This could enhance the Payhip encounter for both the customer and the vendor.
Set On A Fixed Timezone
This one is frivolous, but I’d still Prefer to see it corrected.
Considering that Payhip is located at London, they’ve The functioning timezone for the whole site place to BST. Since I’m found in the EST, I’ll sometimes check my analytics at 7PM or later and see that I left 0 earnings for the day since Payhip thinks it is midnight and its data reflects that.
This is a non-issue, but I Would love to observe the ability to adjust the website. Ebook Store
More Flexibility with Coupon Codes
I know I raved about the coupon Code feature but it’s not quite perfect yet.
As it stands, the sole promotion You can run via a coupon code. Ideally, I’d like to be able to supply a dollar amount to set a sale price that is predetermined.
At the moment, if I Need to put a merchandise that is $27 On sale for $10, I must break out the calculator and manually do the math to determine what percent off will leave the last price at $10. I believe that is unnecessary and could be improved.
When creating A new product in Payhip, you have access to advanced alternatives which include —
- Make your merchandise private.
- Add an ISBN (Internation Standard Book Number) to your eBook.
- Publish sample pages or a few preview.
- Insert a limitation number sold.
- Generate a license key that is unique .
Just how much does it cost?
Payhip will Cost you nothing or even host your products. The site takes only 5 percent commission per trade fee.
Would I Recommend Payhip?
This leaves us with the burning question: after two + years as a seller on Payhip, do you recommend it? Total, yes. I am a satisfied client, but whether you should use it depends on your own situation.
If you are a new blogger with a small audience And you can not justify spending $10+ a month to get something like Gumroad, then yes, I would absolutely recommend Payhip. However, if you have a huge audience or market a merchandise and know that you’ll do at least $1,000 in sales each month, you might want to check into something most cost-efficient.
As of this date of this writing, Payhip works On a flat fee of 5 percent of every sale. Gumroad’s fee is now 3.5% + $0.30 per transaction + $10 per month.
If you are going to be promoting less than $1,000 a month in total volume, the math should (typically ) prefer Payhip. But if you are selling into the thousands, you are probably going to want to decide on Gumroad or start looking into another alternative. That is largely dependent on the number of transactions it requires to reach those sales numbers so be certain that you crunch the numbers.
Personally, I absolutely love the Payhip Expertise and am thankful for their services. I would like to see them continue to grow and succeed. Ebook Store