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Of All of the ways of monetizing blog Articles, my method is Like learning materials and design templates to make and sell products. I’ve found that it is extraordinarily profitable than running ads from networks like AdSense, and products convert at a higher speed compared to an affiliate product that somebody else created. The support I use to facilitate this can be Payhip, and this article I will be sharing what I both like and dislike about the service based on my Payhip expertise as a vendor for 2+ years. Epaper Download
My Payhip Expertise
If you wanted to sell digital products Through your own site, you are going to need a means to facilitate transactions — some sort of infrastructure which will enable a client to select your goods, cover it, and also have it instantaneously delivered to them with complete hands-off automation. Payhip solves this problem.
What is Payhip?
Payhip is An that gives customers with solutions and the tools for hosting and promoting products directly 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.
What are the benefits of utilizing Payhip?
Each online Platform differs, and I’ve used a couple of them previously.
Having A platform that is simple to use and one that doesn’t take a massive amount of my time that is precious is of paramount importance.
Payhip will Save you a lot of time because everything is taken care of on the Payhip platform.
The Advantages that I’ve gained the most from utilizing Payhip comprise –
- EU VAT is taken care of, and it can be a big plus in my book.
- Affordable. The website takes zero fees asides From 5 percent per trade when you sell a digital product.
- Access to analytics reports.
- Access to marketing tools. You have the option to create Social and Coupons discounts.
- Ability to signup, manage and reward your own affiliates.
- Access to product sharing programs . Plus it is possible to embed Buy and your merchandise Now buttons on blog or your website.
- The ability to setup mailing lists so that your customers can Subscribe and remain up to date with your products, and more.
- Instant digital merchandise shipping via email link to buyers.
What I Like About Payhip
Let’s get to the information. Following my two + year Payhip expertise, Here Is What I love about the service…
Payments Are Instantaneous
Payhip let’s your customers pay with PayPal Or from credit/debit card with Stripe, and they do not cover monthly/weekly/quarterly or force you to wait for them to clean some sort of holding period. When a client makes a purchase, the money is immediately available on your account, and if you have the PayPal and Stripe apps installed on your mobile device, you are going to get notifications whenever a sale happens. Epaper Download
I happen to love this. The excitement of Seeing a brand new sale never gets older. In addition, it is good to awake in the morning, reach to your telephone, and also see that you made X amount of dollars while you were sleeping, and it is all readily available for you to spend. The caveat to this can be Stripe. If your customers card with Stripe, there’ll be a three day hold before the cash is available. That is all Stripe though — Payhip does not hold your cash in any way.
No Monthly Charges
One of those things that Payhip initially sold me is that there is no Monthly charges or installation charges — just a simple flat charge of 5% per purchase .
This was attractive to me in 2016 Because, at the moment, my readership was less than 1/10th of what it is now, and that I wasn’t positive that 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 with a small audience, Payhip was the no-risk solution that best match my scenario.
Easy To Understand Analytics
Payhip’s back end Provides an page That enables you to view transactions and earnings amounts relative to the day, month, week, year, or some other given selection. Best of all, it is a report that is simple and to-the-point.
If you have used Google Analytics or Facebook analytics, the amount of information you’re immediately smacked in the face with can be a bit overwhelming, and lots of it’s mostly useless also. Payhip just gives you exactly what you’re there to see — revenue information. Nothing more, nothing less.
Run Promotions with Coupon Codes
Another benefit users of Payhip encounter is Promotions to conduct by producing coupon codes.
The codes can be Enjoy and for any (or all) products. They could run for whatever length you’d like (or even permanently,) and the code itself can even be customized to whatever string of text you desire.
I’ve found this to be very helpful. Occasionally I will conduct a weekend promotion, post it on Facebook, then raise the article targeting a pixel audience that is re-marketing and I never fail to go ROI positive with it. People really do respond well to limited time offers. Epaper Download
Your Own Affiliate Program
Payhip Provides you the capability Readers register as an affiliate of your store, and you are able to grant them a commission of whatever percentage you would like, if someone purchases a product using their custom affiliate link.
This is useful since it allows people To sell your merchandise for you, the commissions paid will be worthwhile, and if they have a platform and an audience of their own they can tap into.
Easy Integration with Email Marketing
If you are into email marketing, you’ll be Able to easily incorporate Payhip with your preferred email marketing supplier so that if a purchase is made, the email address of the purchaser could be added to a chosen listing.
This is relatively small 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 into the top left corner of each page of a PDF document they have bought.
So if someone plans to buy your PDF Publication make it accessible for free they will need to be fine with their private email address being publicly available as well. I think that is a way of deterring pirating.
Upload Many Sorts of Files
Payhip isn’t just a market for ebooks — You can upload any sort of digital file. Font documents, video/audio documents, photos, software, etc..
Overall Simplicity and Modern Design
One thing that can’t be overlooked whenever You are selling something is your site looks. People generally do not trust myself included. If a site looks like it has not been upgraded since the net 2.0 days, I begin to wonder if perhaps I’m in an abandoned building and putting my payment info into it’d pretty much be just like throwing my money into a black hole.
That’s not true with Payhip though. The Website has a easy and very modern layout. This is what you would expect a checkout page from a trusted business to appear like In the event that you should purchase a product on the internet. Epaper Download
Another thing that I like about Payhip is its own Overall simplicity. From the very 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 purchase — no self-promotion whatsoever.
Finally, what I like about Payhip is That customer payment information isn’t stored by them, meaning that your clients’ payment details are safe. The payment is totally handled through PayPal or Stripe, and I prefer it this way as they are big companies with lots of cash.
What I Dislike About Payhip
As much as I like Payhip, it is far from perfect. Here are some items that I dislike about the ceremony and would like to see enhanced…
No Mobile App
1 thing that bugs me about Payhip is that They don’t have a program. It would be convenient to be able to start an app and have a look while I’m out and around. The site isn’t even optimized for mobile devices, although you do this and can log into the site.
I like Payhip, but this is a really Bad appearance in 2018. There’s no reason you shouldn’t have a website optimized for mobile, and when you’ve got that, you should be able to easily turn the site itself right into it’s own program so users don’t need to manually sign in every time they would like to check sales data. Users of Payhip experience a platform when they’re on their devices.
No Upsells or Add-Ons In Checkout
On the checkout page, I’d really like to see an capability to indicate Other products. For instance, if they’re buying a bundle of logo templates for $5, I propose some other similar product that may interest them they previously didn’t know about, or might provide a package of business card templates for a few extra bucks. This is something that websites like VistaPrint and Amazon do.
I can’t help but feel as though there is a Great Deal of money Table — for myself and Payhip — with no operation. This may improve the Payhip experience for both the seller and the customer.
Establish On A Fixed Timezone
This one is frivolous, but I Prefer to see it fixed.
Since Payhip is located in London, they’ve BST was place to by the timezone for the site. Since I’m located in the EST, I’ll sometimes check my analytics at 7PM or afterwards and see that I left 0 sales for the day because Payhip thinks it’s midnight and its own data reflects that.
This is a non-issue, but I Would love to see that the ability to correct the website. Epaper Download
More Flexibility with Coupon Codes
I know I raved about the coupon It’s not quite perfect just yet, although Code attribute earlier.
As it stands, the advertising You’re able to run via a coupon code is to get a percent off. Ideally, I’d love to have the ability to supply a dollar amount to set a sale price that is specified.
At the moment, if I Need to put a $27 product On sale for $10, manually do the math to figure out what percentage off would render the price and I must break out the calculator. I believe that is unnecessary and may be improved.
When creating A brand 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.
- Upload sample pages or a preview.
- Add a limitation amount to how many copies of your product or eBook could be sold.
- Create a license key that is unique for each of your product/eBook revenue.
How much does this cost?
Payhip will Cost you nothing to establish or even host your electronic products. The website takes just 5 percent commission per transaction fee.
Can 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 satisfied client, but whether you ought to use it depends upon your own situation.
If you’re a blogger with a small audience And you can’t justify spending $10+ a month for something such as Gumroad, then yes, I would absolutely recommend Payhip. But if you know you’ll do at least $ 1,000 in sales each month and market a merchandise that is high-ticket or have a massive audience, you may want to look into something most cost-efficient.
As of the date of this writing, Payhip functions 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’re going to be selling less than $1,000 a month in total volume, the math should (typically ) favor Payhip. But if you’re selling well into the thousands, you are probably going to want to go with Gumroad or start looking into some alternative. That is mostly dependent on the number of transactions it takes to reach those sales numbers so make sure that you crunch the numbers.
Personally, I love the Payhip Expertise and am really grateful for their services. I would like to see them continue to grow and succeed. Epaper Download