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Of All of the ways of monetizing Articles, my Strategy is To create and sell products such as studying design templates and materials. I have found that it is extraordinarily rewarding than running ads and self explanatory products convert at a much higher speed than an affiliate product that somebody else created. The support I use to facilitate this is Payhip, and this article I’ll be sharing what I both like and dislike about the ceremony based on my Payhip experience as a vendor for 2+ years. Ebooks Pay With Paypal
My Payhip Expertise
If you have ever wanted to market digital products Through your own site, you’ll want a means to facilitate transactions — some sort of infrastructure that will allow 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 that provides customers with solutions and the simplest tools for hosting and selling electronic products to their customers online.
The Provider Was co-founded by Abs Farah and Kahin Farah and is currently based in my capital city of London.
What are the advantages of utilizing Payhip?
Each online Platform differs, and I’ve used a couple of these in the past.
Having A platform that is so easy to use and one that doesn’t take a massive amount of my precious time is of paramount importance.
Payhip will Save you a lot of time because everything is cared for on the Payhip platform.
The Advantages that I’ve gained the most from using Payhip include –
- EU VAT is cared for, which is a big plus in my book.
- Affordable. The website takes zero fees asides From 5% per trade when you sell a item.
- Accessibility to analytics reports.
- Access to advertising tools. You have the option to make Social and coupons discounts.
- Capability to signup, manage and reward your affiliates.
- Access to product sharing programs . Plus it is possible to embed Your merchandise and Buy Now buttons on blog or your own site.
- The ability to setup mailing lists so that your customers can Subscribe and stay current with your goods, and more.
- Instant digital merchandise shipping via email link for customers.
What I Enjoy About Payhip
Let us get to the information. After my 2+ year Payhip experience, here’s what I really like about the service…
Payments Are Instantaneous
Payhip let’s your customers pay with PayPal Or from credit/debit card using Stripe, and they don’t cover 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 cash is immediately available on your accounts, and in case you’ve got the PayPal and also Stripe apps installed on your mobile device, you are going to get notifications whenever a sale occurs. Ebooks Pay With Paypal
I happen to appreciate this. The excitement of Seeing a new sale never gets old. In addition, it is great to awake in the morning, reach for your phone, and also see you made X number of dollars while you’re sleeping, and it is all readily available for you to spend. The caveat to this is Stripe. If your clients pays by card with Stripe, there will be a 3 day hold before the money is available. That is Stripe though — Payhip does not hold your money in any way.
No Monthly Charges
One of those things that Payhip initially sold me on is that there’s no Monthly fees or installation charges — just a simple flat charge of 5% per sale.
This was appealing to me Because, at the moment, my readership was 1/10th of what it is now, and I wasn’t positive I was going to consistently sell enough product to warrant 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 fit my situation.
Simple To Understand Analytics
Payhip’s back end offers an analytics page That lets you see transactions and earnings amounts relative to the day, month, week, year, or any other specified selection. Best of all, it’s a to-the-point and straightforward report.
If you’ve used Google Analytics or Facebook analytics, the number of information you’re instantly smacked in the face can be somewhat overwhelming, and a lot of it is mostly useless too. Payhip just gives you what you’re there to view — sales information. Nothing more, nothing less.
Run Promotions with Coupon Codes
Another benefit users of Payhip encounter is By producing coupon codes, promotions to conduct.
The codes may be Like and for any (or all) products. They can run for any 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 somewhat useful. Sometimes I’ll conduct a weekend marketing, place it on Facebook, then raise the article 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 Pay With Paypal
Your Own Affiliate Program
Payhip gives you the capability to let your Readers sign up as an affiliate of your store, and whenever someone purchases a product you are able to grant.
This is useful because it allows other people To market your products for you, and should they have a platform and an audience of their own they can tap into, the commissions paid will be worth it.
Easy Integration with Email Marketing
If you’re into email marketing, you’ll be Able to incorporate Payhip with your email marketing supplier that is preferred so that whenever a sale is made, the email address of the purchaser can be added to a selected listing.
This is small but I think it’s Pretty cool so I want to give it a reference — if you desire, you can 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 buy your PDF Publication make it accessible for free they will have to be fine with their email address being publicly accessible as well. I believe that is a very creative way of deterring pirating.
Upload Many Sorts of Files
Payhip isn’t just a market for ebooks — You can upload any sort of electronic file. Font documents, video/audio documents, photographs, software, etc..
Total Simplicity and Modern Design
One thing that can’t be overlooked whenever You’re selling something is your website looks. Individuals generally don’t trust sites which appear outdated, myself included. If a website looks like it hasn’t been upgraded since the web 2.0 times, then I begin to wonder if maybe I’m 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 true with Payhip though. The Website has a layout. This is exactly what you would expect a checkout page by a business to appear like, if you were to purchase a product on the world wide web. Ebooks Pay With Paypal
Another thing I like about Payhip is its In general 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 crucial info (such as price.) They do absolutely nothing to interfere with your purchase — no self-promotion whatsoever.
Eventually, what I enjoy about Payhip is That they don’t store customer payment info, meaning your clients’ payment details are secure. The payment is managed through Stripe or PayPal, and I prefer it this way as they are big, successful companies with a lot of money to invest on top-shelf security.
What I Dislike About Payhip
As much as I enjoy Payhip, it is far from perfect. Here are some items that I dislike about the ceremony and would like to see improved…
No Mobile App
1 thing that bugs me about Payhip is that They do not have a mobile app. It’d be convenient to be able to open an app and take a look while I am out and around. You do so and may log into the website, but the site is optimized for mobile devices.
I enjoy Payhip, but this is a really Bad appearance in 2018. There’s no reason you should not have a website optimized for cellular, and when you have that, you should be able to easily turn the site itself right into it’s own app so users don’t need to manually sign in each time they want to inspect sales data. Users of Payhip experience a much better platform when they are on their devices.
No Upsells or Add-Ons In Checkout
On the checkout page, I would really like to see an Extra ability to indicate Other products similar to what the client is about to buy. For instance, if they’re buying a bundle of logo templates for $5, I might offer a package of business card templates for a couple of bucks, or suggest. This is something which websites like Amazon and VistaPrint do.
I can’t help but feel as though there’s a Great Deal of money being left on the Table — for both myself and Payhip — with no functionality. This could enhance the Payhip encounter for both the customer and the seller.
Establish On A Fixed Timezone
This one is frivolous, but I Like to see it fixed.
Since Payhip is located in London, they’ve The functioning timezone for the whole site set to BST. Since I’m located in the EST, I will occasionally check my stats at 7PM or later and see that I left 0 sales for the day because Payhip believes it is midnight and its own data reveals that.
Again, this is mostly a non-issue, however I Would like to see that the ability to adjust the website. Ebooks Pay With Paypal
More Flexibility with Coupon Codes
I know I raved about the voucher It’s not quite perfect just yet, although code feature earlier.
As it currently stands, the sole promotion You’re able to run through a voucher code is to get a percent off. Ideally, I’d love to be able to offer a dollar amount to set a specified sale price.
At the moment, if I Need to place a $27 product On sale for $10, I have to break out the calculator and manually do the math to determine what percent off would render the last price. I believe this is unnecessary and could be improved.
When creating A new product in Payhip, you have access to innovative options which include —
- Make your product personal.
- Add an ISBN (Internation Standard Book Number) to your eBook.
- Publish sample pages or a preview.
- Add a limit amount to the number of copies of market or your product could be sold.
- Create a license key that is unique for all your product/eBook revenue.
How much does this cost?
Payhip will Cost you to set up or even host your digital products. The site takes only 5% commission per transaction fee.
Would I Recommend Payhip?
This leaves us with the burning question: after two + years as a seller on Payhip, do you recommend it? Overall, yes. I am a happy client, but whether or not you ought to use it depends on your own situation.
If you are a blogger with a small audience And you can’t justify spending $10+ per month for something such as Gumroad, then yes, I would recommend Payhip. In case you market a merchandise that is high-ticket or have a massive audience and know you’ll do at least $ 1,000 in sales each month, you might want to check into something.
As of this date of this writing, Payhip works On a flat fee of 5 percent of every sale. Gumroad’s fee is currently 3.5% + $0.30 per transaction + $10 per month.
If you are going to be selling less than $1,000 a month in total quantity, the math should (in most cases) prefer Payhip. But if you are selling into the thousands, you’ll probably need to go with Gumroad or look into another choice. This is all largely dependent on how many transactions it takes to achieve those sales numbers though, so make certain to crunch the numbers.
Personally, I absolutely love the Payhip Experience and am thankful for their solutions. I want to see them continue to grow and succeed. Ebooks Pay With Paypal