Background Ebooks For Sale Online
Of all the ways of monetizing Articles, my method is To make and sell electronic products. I’ve discovered that it is extraordinarily more 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 ease this is Payhip, and in this article I’ll be discussing what I like and dislike about the service based in my Payhip expertise as a seller for two + years. Ebooks For Sale Online
My Payhip Experience
If you wanted to sell digital products Through your own website, you are going to want a way to facilitate transactions — some kind of infrastructure that will allow a customer to select your goods, cover it, and also have it instantaneously delivered to them with complete hands-off automation. Payhip solves this problem.
Payhip is An e-commerce platform/website that gives customers with options and the simplest tools for selling products 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 advantages of using Payhip?
Each online Platform is different, and I’ve used a few of these previously.
Having A stage that is so simple to use and one that doesn’t require a massive amount of my time is of utmost significance.
Payhip will Save you a great deal of time also because everything is cared for on the Payhip platform.
The Advantages that I’ve gained the most from utilizing Payhip comprise –
- EU VAT is cared for, and it can be a huge plus in my book.
- Affordable. The site takes zero fees asides From 5% per transaction when you sell a item that is digital.
- Accessibility to analytics accounts.
- Access to advertising 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 Your product and Buy Now buttons on blog or your own site.
- The ability to set mailing lists so that your clients can Subscribe and remain up to date with your digital goods, and more.
- Immediate digital product shipping via email link for customers.
What I Like About Payhip
Let us get to the information. Following my two year Payhip experience, here’s what I love about the service…
Upgrades Are Instantaneous
Payhip let’s your customers pay with PayPal Or by credit/debit card with Stripe, plus they do not pay out monthly/weekly/quarterly or make you wait for them to clear some kind of holding period. When a client makes a purchase, the money is instantly available in your accounts, and if you’ve got the PayPal and Stripe programs installed on your mobile device, you are going to get notifications whenever a sale happens. Ebooks For Sale Online
I happen to appreciate this. The excitement of Seeing a sale that is brand new never gets old. In addition, it is good to awake in the morning, reach for your telephone, and also see that you made X amount of dollars while you’re sleeping, and it is all readily available for you to spend. The only caveat to this can be Stripe. If your clients card with Stripe, there’ll be a three day hold until the cash is available. This is Stripe though — Payhip doesn’t hold your money at all.
No Monthly Fees
One of the things that Payhip originally sold me on is that there is no Monthly charges or setup charges — just a simple flat fee of 5 percent per purchase .
This was attractive to me back in 2016 Since, at the time, my readership was less than 1/10th of what it’s now, and I was not positive I was likely to always sell enough product to warrant paying a monthly fee for a similar service like Gumroad. As a relatively new blogger having a little crowd, Payhip was the quickest solution that best match my situation.
Easy To Know Analytics
Payhip’s back end offers an page That lets you see transactions and earnings quantities relative to this day, week, month, year, or some other given selection. On top of that, it’s a to-the-point and straightforward report.
If you have used Google Analytics or Facebook analytics, the amount of data you are immediately smacked in the face can be somewhat overwhelming, and a lot of it’s mostly useless too. Payhip just provides you exactly what you are there to see — sales data. Nothing more, nothing less.
Run Promotions with Coupon Codes
Another advantage users of Payhip encounter is By creating coupon codes promotions to run.
The codes can be Enjoy and for any (or all) products. They can run for whatever duration you want (or even indefinitely,) and the code itself can even be customized to whatever string of text you desire.
I’ve found this to be very useful. Occasionally I’ll run a weekend marketing, place it on Facebook raise the article targeting a pixel audience that is re-marketing and I never fail to go ROI positive by it. People do respond well to limited time offers. Ebooks For Sale Online
Your Own Affiliate Program
Payhip Provides you the capability to let your Readers register as an affiliate of your shop, and you are able to grant them a commission of whatever percentage you’d like, someone purchases a product with their custom 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 an audience of their own and a stage that they can tap into.
Easy Integration with Email Marketing
If you’re into email marketing, you will be Able to integrate Payhip along with your email advertising provider so that a sale is made, the purchaser’s email address could be added to a selected listing.
That is relatively minor but I think it’s Pretty cool so I wish to give it a reference — if you desire, you can have Payhip postage the buyer’s email address to the top left corner of each page of a PDF document they have purchased.
So if someone intends to buy your PDF Publication make it available for free somewhere else, they’ll need to be fine with their personal email address being publicly accessible also. I believe that’s a means of deterring pirating.
Upload Many Kinds of Files
Payhip is not just a marketplace for ebooks — It’s possible to upload any sort of file. Font documents, video/audio files, photos, software, etc..
Overall Simplicity and Modern Design
One thing that can not be overlooked whenever You’re selling something is how present your site looks. Individuals generally do not trust websites that appear outdated, myself included. If a site looks like it hasn’t been upgraded because the net 2.0 times, then I begin to wonder if maybe I am in an abandoned building and placing my payment information into it would pretty much be like throwing my money into a black hole.
That is not the case with Payhip though. The Website has a very contemporary and easy design. In the event that you were to purchase a digital product on the internet, this is what you would expect a checkout page from a trusted business. Ebooks For Sale Online
Another thing I enjoy about Payhip is its own In general simplicity. In the very moment a visitor lands on your product page, Payhip stays out of the way. They display your images, sales copy, and only the critical info (like price.) They do nothing to interfere with your purchase — no.
Eventually, what I really like about Payhip is That they don’t store customer payment information, meaning that your customers’ payment details are safe. The payment is completely managed through Stripe or PayPal, and I prefer it this way as they are large companies with lots of cash to invest on 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 ceremony and would like to see improved…
No Mobile App
One thing that bugs me about Payhip is that They do not have a program. It would be convenient to have the ability to open an app and take a look during my earnings data while I am out and around. You do this and can log into the site, but the site is optimized for mobile devices.
I like Payhip, but that is a really Lousy look in 2018. There is no reason you should not have a website optimized for cellular, and once you have that, you ought to be able to easily turn the site 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 encounter a platform when they’re on their devices.
No Upsells or Add-Ons At Checkout
On the checkout page, I’d really like to see an ability that is Extra to suggest Other products similar to what the client is going to purchase. By way of example, if they are purchasing a bundle of logo templates for $5, I could offer a package of business card templates for a couple of added bucks, or propose some other product that may interest them they didn’t know about. This is something which sites like Amazon and VistaPrint do well.
I can not help but feel like there’s a lot of money Table — for myself and Payhip — with no functionality. This may enhance the Payhip experience for both the seller and the client.
Establish On A Fixed Timezone
This one is mostly frivolous, but I had still Like to see it corrected.
Considering that Payhip is located in London, they have BST was set to by The functioning timezone for the website. Since I’m located in the EST, I will occasionally check my stats at 7PM or afterwards and see that I made 0 sales for the day because Payhip believes it’s midnight and its own data reflects that.
This is a non-issue, however I Would love to see that the ability to adjust the website. Ebooks For Sale Online
More Flexibility with Coupon Codes
I know I raved about the voucher It is not quite perfect yet, although Code attribute earlier.
As it currently stands, the only advertising You can run through a voucher code. Ideally, I’d love to have the ability to supply a dollar amount from the original price, or the ability to set a sale price that is predetermined.
Right Now, if I want to put a $27 product On sale for $10, I have to break out the calculator and do the math to figure out what percentage off will render the price at $10. I believe this is unnecessary and may be made better.
When creating A brand new product in Payhip, you have access to advanced options including —
- Make your product private.
- Insert an ISBN (Internation Standard Book Number) to your eBook.
- Upload sample pages or a couple of preview.
- To the number of copies of your product or market could be add a limit amount sold.
- Generate a license key that is unique .
How much does it cost?
Payhip will Cost you nothing or host your products. The site takes just 5 percent commission per trade fee.
Can I Recommend Payhip?
This leaves us with the burning question: after two + years as a vendor on Payhip, do you recommend it? Overall, yes. I am very much a satisfied customer, but whether or not you should use it depends on your own situation.
If you’re a new blogger with a small audience And you can not justify spending $10+ per month to get something such as Gumroad, then yes, I would recommend Payhip. If you know that you’ll do at least $ 1,000 in sales every month and sell a high-ticket product or have a massive audience, you may want to check into something most cost effective.
As of this date of this writing, Payhip functions On a flat fee of 5 percent of each sale. Gumroad’s fee is now 3.5% + $0.30 per transaction + $10 a month.
If you are going to be selling $1,000 a month in total volume, the mathematics should (in most cases) favor Payhip. But if you’re selling into the thousands, you are probably going to need to decide on Gumroad or look into another choice. That is largely dependent on the number of transactions it requires to achieve those sales numbers though, so be sure that you crunch the numbers on your own.
Personally, I love the Payhip Expertise and am thankful for their services. I want to see them continue to grow and succeed. Ebooks For Sale Online