Background Ebook Store Pdf
Of all the ways of monetizing content, my Strategy is Like studying layout templates and materials to create and sell electronic products. I have found that it is extraordinarily rewarding than running advertisements from networks such as AdSense, and products convert at a significantly greater rate than an affiliate product that somebody else created. The service I use to ease this is Payhip, and in this post I will be discussing what I like and dislike about the ceremony based on my Payhip experience as a vendor for 2+ years. Ebook Store Pdf
My Payhip Expertise
If you have ever wanted to sell products Through your own website, you’ll need a way to facilitate trades — some sort of infrastructure which will enable a customer to select your product, pay for it, and also have it instantaneously delivered to them with whole hands-off automation. Payhip solves this problem.
What is Payhip?
Payhip is An e-commerce platform/website that gives customers with solutions and the easiest tools for selling digital products 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 advantages of utilizing Payhip?
Each online Platform is different, and I have used a couple of them in the past.
For me personally, having A stage that is really easy to use and one that doesn’t take a huge amount of my valuable time is of paramount significance.
Payhip will Save you a great deal of time because everything is cared for on the Payhip platform.
The Advantages that I’ve gained the most from utilizing Payhip comprise –
- EU VAT is taken care of, and it is a big plus in my book.
- Affordable. The site takes zero fees asides From 5% per trade when you sell a digital product.
- Accessibility to analytics reports.
- Access to advertising tools. You have the option to make Societal and coupons discounts.
- Ability to signup, manage and reward your affiliates.
- Access to merchandise sharing tools. Plus you can embed Purchase and your product Now buttons on your site or blog.
- The Capacity to set mailing lists so that your clients can Subscribe and stay current with your electronic products, and more.
- Instant digital merchandise delivery via email link for buyers.
What I Enjoy About Payhip
Let us get to the details. Following my two + year Payhip experience, Here Is What I love about the ceremony…
Upgrades Are Instantaneous
Payhip let us your customers pay with PayPal Or by credit/debit card using Stripe, and they don’t pay out monthly/weekly/quarterly or force you to wait around for them to clear some kind of holding period. When a customer makes a purchase, the money is immediately available in your account, and if you’ve got the PayPal and also Stripe programs installed on your mobile device, you’ll receive notifications each time a sale happens. Ebook Store Pdf
I happen to appreciate this. The excitement of Seeing a sale that is brand new never gets old. It’s also great to wake up in the morning, reach for your telephone, and also see that you made X number 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 customers card with Stripe, there’ll be a 3 day hold before the cash is available. That is Stripe however — Payhip does not hold your cash at all.
No Monthly Charges
Among those things that Payhip initially sold me on is that there is no Monthly charges or installation charges — just a simple flat charge of 5% per sale.
This was appealing to me in 2016 Because, at the time, my readership was 1/10th of what it’s now, and that I wasn’t positive I was likely to always sell enough product to justify paying a monthly fee for a similar service such as Gumroad. As a relatively new blogger having a little audience, Payhip was the no-risk solution that best match my situation.
Easy To Understand Analytics
Payhip’s back end offers an analytics page That enables you to see trades and earnings quantities relative to this day, week, month, year, or some other specified selection. On top of that, it is a report.
If you have ever used Google Analytics or Facebook analytics, the number of information you are instantly smacked in the face can be somewhat overwhelming, and lots of it is mostly useless also. Payhip just gives you what you’re there to view — sales 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 can be for any percentage you would Enjoy and for any (or all) products. They could run for any length you want (or even indefinitely,) and the code itself may even be customized to whatever string of text you would like.
I have found this to be very helpful. Sometimes I’ll conduct a weekend promotion, post it on Facebook, then raise the article targeting a pixel re-marketing audience and I don’t fail to go ROI positive with it. People do respond to limited time offers. Ebook Store Pdf
Your Own Affiliate Program
Payhip Provides you the ability to let your Readers register as an affiliate of your store, and you are able to grant them a commission of whatever percent you would like someone buys a product using their customized affiliate link.
This is useful since it allows people To market your products the commissions paid will be well worth it and if they have a stage and an audience of their own that they can tap into.
Easy Integration with Email Marketing
If you are into advertising, you will be Able to integrate Payhip along with your email marketing provider that is preferred so that whenever a sale is made, the email address of the purchaser can be added into a list.
This is minor but I think it’s Pretty cool so I wish to give it a mention — if you so desire, you can have Payhip stamp the buyer’s email address into the upper left corner of every page of a PDF document they’ve purchased.
So if someone plans to buy your PDF Book make it publicly available for free somewhere else, they will need to be fine with their personal email address being available also. I believe that is a way of deterring pirating.
Upload Many Sorts of Files
Payhip is not just a marketplace for ebooks — It’s possible to upload just about any kind of electronic file. Font files, video/audio files, photographs, software, etc..
Total Simplicity and Modern Design
One thing that can not be overlooked whenever You are selling something is your site looks. People do not trust myself included. If a website looks like it has not been upgraded since the net 2.0 times, then I start to wonder if maybe I am in an abandoned construction and putting my payment information into it’d pretty much be like throwing my money into a black hole.
That is not true with Payhip though. The Site has a very contemporary and easy layout. This is what you’d anticipate a checkout page by a trusted company to appear like In the event that you were to purchase a digital merchandise on the internet. Ebook Store Pdf
Another thing I like about Payhip is its Overall simplicity. From the moment a visitor lands on your product page, Payhip stays out of the way. They display your graphics, sales copy, and just the crucial info (such as price.) They do absolutely nothing to interfere with your sale — no self-promotion whatsoever.
Finally, what I like about Payhip is That customer payment information isn’t stored by them, meaning your clients’ payment details are secure. The payment is handled through PayPal or Stripe, and I prefer it this way because they’re big companies with lots of cash.
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 ceremony and would like to see enhanced…
No Mobile App
One thing that bugs me about Payhip is that They don’t have a mobile app. It would be convenient to be able to start an app while I’m out and about and take a look. The website isn’t optimized for mobile devices, although you may log into the site and do this.
I enjoy Payhip, but that is a very Lousy appearance in 2018. There’s no reason you should not have a website optimized for mobile, and once you’ve got that, you should be able to easily turn the site itself into it’s own app so users don’t need to manually sign in each time they would like to check sales information. Let users of Payhip experience a platform when they are on their devices.
No Upsells or Add-Ons At Checkout
On the checkout page, I would really like to see an capability that is added to suggest Other products similar to what the client is about to purchase. If they’re purchasing a package of logo templates for $5, I might provide a package of business card templates to get a few bucks, or propose some other product which could interest them they previously didn’t know about. This is something that websites like Amazon and VistaPrint do well.
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 — with no operation. This could improve the Payhip encounter for both the seller and the client.
Establish On A Fixed Timezone
This one is largely frivolous, but I’d still Like to see it corrected.
Considering that Payhip is located at London, they’ve BST was set to by The functioning timezone for the entire website. Since I’m located in the EST, I’ll occasionally check my analytics at 7PM or afterwards and see that I left 0 sales for the day since Payhip thinks it is midnight and its own information reflects that.
Again, this is a non-issue, but I Would love to observe the ability to correct the website to your timezone. Ebook Store Pdf
More Flexibility with Coupon Codes
I know I raved about the voucher Code feature earlier, but it is not quite perfect.
As it stands, the sole promotion You’re able to run via a coupon code is to get a percentage off. I’d love to be able to offer a dollar amount off the price, or the capability to set a sale price that is predetermined.
At the moment, if I Need to place a product that is $27 On sale for $10, do the math to figure out what percent off will render the cost at $10 and I must break out the calculator. I think that is unnecessary and could be improved.
When creating A new product in Payhip, you also have access to advanced options which include —
- Make your merchandise private.
- Insert 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 eBook could be add a limit number sold.
- Generate a license key .
How much does it cost?
Payhip will Cost you nothing to set up or even host your digital products. The website takes just 5% 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 a client, but whether or not you ought to use it depends upon your situation.
If you’re a blogger with a small audience And you can not justify spending $10+ per month to get something like 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.
As of this date of the writing, Payhip works On a set fee of 5% of each sale. Gumroad’s fee is currently 3.5% + $0.30 per transaction + $10 per month.
If you are going to be selling $1,000 a month in total quantity, the math should (typically ) favor Payhip. But if you are selling well into the thousands, you need to go with Gumroad or start looking into some alternative. This is dependent on the number of transactions it requires to achieve those sales numbers so make sure to crunch the numbers.
Personally, I love the Payhip Experience and am very thankful for their solutions. I want to see them continue to grow and succeed. Ebook Store Pdf