Introduction Ebooks On Sale
Of All of the ways of monetizing Articles, my method is To make and sell products such as learning materials and layout templates. I’ve found that it is extraordinarily more rewarding than running ads and self-made products convert at a greater rate compared to an affiliate product that somebody else created. The support I use to ease this can be Payhip, and this article I will be sharing what I like and dislike about the service based on my Payhip expertise as a seller for two + years. Ebooks On Sale
My Payhip Experience
If you have ever wanted to sell digital products Through your own site, you’ll need a way to facilitate trades — some sort of infrastructure that will allow a client to select your goods, cover it, and have it instantaneously delivered to them with complete hands-off automation. Payhip solves this problem.
What is Payhip?
Payhip is An that provides users with options and the simplest tools for promoting electronic products to their customers and hosting online.
The Provider 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 couple of them previously.
Having A platform that is easy to use and one that does not require a massive amount of my time is of paramount importance.
Payhip will Save a great deal of time also because everything is taken care of on the Payhip platform.
The Benefits that I’ve gained the most from utilizing Payhip comprise –
- EU VAT is cared for, which can be a huge plus in my book.
- Affordable. The site takes zero fees asides From 5 percent per transaction when you sell a digital item.
- Access to analytics accounts.
- Access to advertising tools. You have the option to create Societal and coupons discounts.
- Ability to signup, manage 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 customers can Subscribe and remain current with your digital goods, and much 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’s what I really like about the ceremony…
Payments Are Instantaneous
Payhip let us your customers pay with PayPal Or from credit/debit card using Stripe, and they don’t pay out monthly/weekly/quarterly or make you wait around for them to clean some kind of holding period. When a client makes a purchase, the cash is immediately available in your accounts, and in case you’ve got the PayPal and Stripe apps installed on your mobile device, you’ll receive notifications each time a sale occurs. Ebooks On Sale
I happen to appreciate this. The excitement of Seeing a sale never gets old. In addition, it is good to wake up in the morning, reach to your telephone, and see that you made X amount 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 customers pays by card using Stripe, there’ll be a three day hold until the cash is available. That is Stripe though — Payhip doesn’t hold your cash at all.
No Monthly Fees
One of 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 percent per sale.
This was appealing to me Because, at the time, my readership was 1/10th of what it’s now, and I wasn’t positive I was likely to always sell enough product to justify paying a monthly fee for a similar service like Gumroad. As a relatively new blogger with a small audience, Payhip was the no-risk solution that best fit my situation.
Simple To Know Analytics
Payhip’s back end Provides an page That lets you see trades and earnings quantities relative to this day, month, week, year, or some other specified range. On top of that, it is a report.
If you’ve used Google Analytics or Facebook analytics, the number of information you are immediately smacked in the face with can be a bit overwhelming, and lots of it is mostly useless also. Payhip just gives you what you’re there to view — sales information. Nothing more, nothing less.
Run Promotions with Coupon Codes
Another advantage users of Payhip experience is By creating coupon codes promotions to run.
The codes may be for any percentage you’d Like and for any (or all) products. They could run for whatever length you’d like (or even permanently,) and the code itself may even be customized to whatever string of text you desire.
I’ve found this to be very helpful. Occasionally I will conduct a weekend marketing, place it on Facebook, then boost the post targeting a pixel audience and I don’t fail to go ROI positive with it. People really do respond well to limited time offers. Ebooks On Sale
Your Own Affiliate Program
Payhip Provides you the capability Readers sign up as an affiliate of your store, and someone buys a product using their customized affiliate link, you can grant them a commission of whatever percentage you’d like.
This is useful since it allows other people To market your merchandise and should they have a platform and an audience of their own they can tap into, the commissions paid will be worthwhile.
Easy Integration with Email Marketing
You’ll be if you’re into marketing Able to easily incorporate Payhip along with your email advertising provider that is preferred so that a sale is made, the email address of the purchaser can be added to a list that is chosen.
This is relatively small but I think it’s Pretty cool so I wish to give it a mention — if you so desire, you can have Payhip postage the purchaser’s email address into the top left corner of each page of a PDF document they have purchased.
So if someone plans to buy your PDF Publication make it accessible for free somewhere else, they will need 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 is a market for ebooks — You can upload any kind of file. Font files, video/audio files, photographs, software, etc..
Overall Simplicity and Modern Design
One thing that can’t be overlooked whenever You are selling something is how current your site looks. Individuals do not trust websites which appear outdated, myself included. If a website looks like it hasn’t been updated because the net 2.0 days, I begin to wonder if perhaps I’m in an abandoned building and putting my payment information into it’d pretty much be like throwing my money into a black hole.
That’s not true with Payhip though. The Site has a layout. This is what you would expect a checkout page from a trusted company In the event that you should buy a product on the internet. Ebooks On Sale
Another thing that I enjoy about Payhip is its own In general simplicity. From the a visitor lands on your product page, Payhip stays out of the way. They display your graphics, sales copy, and only the crucial info (like price.) They do nothing to interfere with your sale — no.
Finally, what I like about Payhip is That customer payment information isn’t stored by them, meaning your customers’ payment details are safe. The payment is completely managed through PayPal or Stripe, and I prefer it that way as they are large companies with lots of money.
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 service and would like to see improved…
No Mobile App
One thing that bugs me around Payhip is that They don’t have a program. It’d be convenient to have the ability to start an app while I am out and about, and have a look. The website isn’t optimized for mobile devices, although you may log into the site and do so.
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 have that, you should be able to easily turn the site itself into it’s own program so users do not need to manually register in each time they would like to check sales data. 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’d really like to see an capability that is Extra to suggest Other products similar to what the client is about to purchase. By way of instance, if they are purchasing a package of templates for $5, then I could offer a bundle of business card templates or propose. This is something which sites 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 functionality. This could improve the Payhip encounter for both the seller and the customer.
Establish On A Fixed Timezone
This one is frivolous, but I Prefer to see it corrected.
Considering that Payhip is located in London, they have BST was set to by the timezone for the website. Since I am located in the EST, I will sometimes check my analytics at 7PM or afterwards and see that I made 0 earnings 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 see that the capability to adjust the website. Ebooks On Sale
More Flexibility with Coupon Codes
I know I raved about the coupon It’s not quite perfect yet, although code feature earlier.
As it stands, the only promotion You can run through a coupon code. I’d like to be able to supply a dollar amount to set a sale price that is predetermined.
At the moment, if I want to place a merchandise On sale for $10, do the math to determine what percentage off would render the final price at $10 and I must break out the calculator. I think this 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.
- Upload sample pages or a few preview.
- Insert a limit amount to how many copies of eBook or your product could be sold.
- Generate a license key for all your product/eBook revenue.
How much does it cost?
Payhip will Cost you 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 vendor on Payhip, would you recommend it? Total, yes. I am a customer, but whether you should use it depends upon your own situation.
If you are a blogger with a small audience And you can’t justify spending $10+ a month to get something like Gumroad, then yes, I would recommend Payhip. However, in case you know that you’ll do at least $ 1,000 in sales every month and market a merchandise that is high-ticket or have a massive audience, you may want to look into something.
As of the date of this writing, Payhip functions On a set fee of 5% of each 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 ) favor Payhip. But if you are selling well into the thousands, you need to decide on Gumroad or start looking into some other alternative. This is mostly dependent on the number of transactions it requires to reach those sales numbers so make sure to crunch the numbers.
Personally, I love the Payhip Experience and am really thankful for their solutions. I want to see them continue to grow and succeed. Ebooks On Sale