Intro Epub File
Of all the ways of monetizing blog Articles, my method is To create and sell electronic products such as studying materials and design templates. I have found that it is extraordinarily profitable than running advertisements from networks such as AdSense, and products convert at a higher speed compared to an affiliate product that someone else created. The service I use to facilitate this is Payhip, and this post I will be sharing what I both like and dislike about the ceremony based in my Payhip experience for a seller for two + years. Epub File
My Payhip Experience
If you wanted to sell products Through your own site, you are going to need a way to facilitate trades — some kind of infrastructure which will enable a customer to select your goods, cover it, and have it immediately delivered to them with whole hands-off automation. Payhip solves this issue.
Payhip is An that provides customers with the simplest tools and solutions for hosting and selling digital products to their customers 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 differs, and I’ve used a few of these in the past.
For me personally, having A stage that is easy to use and one that doesn’t require a massive amount of my time that is valuable is of paramount importance.
Payhip will Save a great deal of time too because everything is cared for on the Payhip platform.
The Advantages that I’ve gained the most from utilizing Payhip include –
- EU VAT is cared for, and it is a huge plus in my book.
- Affordable. The site takes zero charges asides From 5 percent per transaction when you sell a product that is digital.
- Access to analytics accounts.
- Access to marketing tools. You have the option to create Societal and Coupons discounts.
- Ability to signup, handle and reward your affiliates.
- Access to merchandise sharing programs . Plus it is possible to embed Buy and your merchandise Now buttons on blog or your own website.
- The Capacity to set mailing lists so that your clients can Subscribe and remain current with your digital products, and more.
- Instant digital product delivery via email link to buyers.
What I Enjoy About Payhip
Let’s get to the details. 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, plus 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 money is instantly available in your account, and if you have the PayPal and Stripe apps installed on your mobile device, you are going to receive notifications each time a sale occurs. Epub File
I happen to love this. The excitement of Seeing a sale that is new never gets old. It’s also good to awake in the morning, reach for your phone, and also see you made X amount of dollars while you’re sleeping, and it’s all readily available for you to spend. The caveat to this can be Stripe. If your clients card using Stripe, there’ll be a three day hold before the money is available. That is Stripe though — Payhip doesn’t hold your cash in any way.
No Monthly Charges
Among the things that Payhip initially sold me is that there is no Monthly charges or installation charges — only a simple flat charge of 5% per purchase .
This was appealing to me Since, at the time, my readership was 1/10th of what it’s now, and I wasn’t positive that I was going to consistently sell enough product to justify paying a monthly fee to get a similar service such as Gumroad. As a relatively new blogger having a little crowd, Payhip was the no-risk solution that best fit my scenario.
Easy To Understand Analytics
Payhip’s back end Provides an analytics page That enables you to see transactions and earnings quantities relative to this day, month, week, year, or some other specified range. On top of that, it’s a to-the-point and simple report.
If you’ve used Google Analytics or Facebook analytics, the amount of data you’re immediately smacked in the face with can be a bit overwhelming, and lots of it is largely useless too. Payhip just provides you exactly what you are there to see — revenue data. 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 may 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 series of text you desire.
I’ve found this to be helpful. Occasionally I will run a weekend promotion, place it on Facebook, then raise the post targeting a pixel audience that is re-marketing and I never fail to go ROI positive with it. People truly do respond well to limited time offers. Epub File
Your Own Affiliate Program
Payhip Provides you the capability to let your Readers register as an affiliate of your store, and someone purchases a product you can grant them a commission of whatever percent you’d like.
This is useful since it allows Men and Women To sell your merchandise for you, and should they have a stage and an audience of their own that they can tap to, the commissions paid will be well worthwhile.
Easy Integration with Email Marketing
You’ll be if you are into advertising Able to integrate Payhip with your email marketing supplier that is chosen so that a sale is made, the email address of the purchaser can be added to a chosen listing.
This is small but I think it’s Pretty cool so I want to give it a reference — if you so desire, you’ll have Payhip stamp the buyer’s email address to the top left corner of every page of a PDF document they’ve bought.
So if someone intends to Purchase Your PDF Book make it accessible for free they will have to be fine with their personal email address being publicly available. I believe that’s a means of deterring pirating.
Upload Many Sorts of Files
Payhip is not Only a marketplace for ebooks — It’s possible to upload virtually any kind of file. Font files, video/audio files, photographs, software, etc..
Total Simplicity and Modern Design
One thing that can not be overlooked whenever You’re selling something is your site looks. People generally do not trust websites which look outdated, myself included. If a site looks like it hasn’t been upgraded since the net 2.0 days, I begin to wonder if perhaps I’m in an abandoned construction and placing my payment info to it’d pretty much be like throwing my money into a black hole.
That’s not the case with Payhip though. The Site has a very contemporary and easy design. This is exactly what you would anticipate a checkout page from a company to look like, if you were to purchase a product on the world wide web. Epub File
Another thing I enjoy about Payhip is its own Overall simplicity. From the very moment a visitor lands on your product page, Payhip remains 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 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 safe. The payment is totally handled through Stripe or PayPal, and I prefer it that way because they’re large, successful companies with a lot of cash to spend on 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 service and would like to see enhanced…
No Mobile App
1 thing that bugs me about Payhip is that They don’t have a mobile app. It’d be convenient to have the ability to start an app while I am out and around, and have a look. The website is optimized for mobile devices, although you can log into the website and do so.
I enjoy Payhip, but this is a very Lousy appearance in 2018. There’s no reason you should not have a website optimized for cellular, and when you have that, you ought to be able to easily turn the site itself right into it’s own program so users don’t have to manually sign in each time they want to check sales data. 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 capability that is Extra to suggest Other products. If they’re purchasing a bundle of templates for $5, then I might provide a bundle of business card templates for a few added dollars, or suggest some other product that may interest them they didn’t know about. This is something which websites like VistaPrint and Amazon do.
I can’t help but feel as though there’s a lot of money being left on the Table — for myself and Payhip — without this functionality. This could enhance the Payhip encounter for both the client and the seller.
Establish On A Fixed Timezone
This one is frivolous, but I’d still Like to see it fixed.
Considering that Payhip is located in London, they’ve BST was set to by the working timezone for the entire site. Since I’m found in the EST, I will sometimes check my stats at 7PM or later and see that I made 0 earnings for the day because Payhip believes it is midnight and its information reveals that.
This is a non-issue, however I Would like to see that the ability to adjust the website to your own timezone. Epub File
More Flexibility with Coupon Codes
I know I raved about the coupon It’s not quite perfect just yet, although code feature earlier.
As it stands, the only advertising You can run through a voucher code is for a percentage off. I’d love to have the ability to offer a dollar amount to set a sale price that is predetermined.
At the moment, if I want to place a product that is $27 On sale for $10, manually do the math to determine what percentage off will leave the cost at $10 and I have to break out the calculator. I think that is unnecessary and may be made better.
When creating A new product in Payhip, you have access to innovative alternatives which include —
- Make your merchandise personal.
- Insert an ISBN (Internation Standard Book Number) to your eBook.
- Upload a preview or sample pages.
- To how many copies of your product or eBook could be add a limitation number sold.
- Generate a license key for all your product/eBook sales.
Just how much does this cost?
Payhip will Cost you nothing to set up or host your products. The website takes just 5 percent commission per transaction fee.
Would I Recommend Payhip?
This leaves us with the burning question: after 2years as a seller on Payhip, do you recommend it? Total, yes. I am very much a client, but whether you should use it depends upon your own situation.
If you are a new blogger with a small audience And you can’t justify spending $10+ per month to get something like Gumroad, then yes, I would absolutely recommend Payhip. But if you know that you’ll be doing at least $ 1,000 in sales each month and market a product that is high-ticket or have a huge audience, you might want to check into something most cost-efficient.
As of this date of this writing, Payhip works On a set fee of 5 percent 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 quantity, the math should (in most cases) favor Payhip. But if you’re selling well into the thousands, you’ll probably want to decide on Gumroad or look into some other alternative. This is largely dependent on how many transactions it takes to achieve those sales numbers so be certain that you crunch the numbers.
Personally, I love the Payhip Experience and am very thankful for their services. I want to see them continue to grow and succeed. Epub File