Introduction Epub Reader Android
Of all the ways of monetizing Articles that is blog, my Strategy is To make and sell products such as studying design templates and materials. I’ve found that it is extraordinarily profitable than running advertisements from networks such as AdSense, and self explanatory products convert at a significantly greater rate compared to an affiliate product that somebody else created. The service I use to facilitate this can be Payhip, and this article I will be sharing what I like and dislike about the service based in my Payhip expertise as a seller for 2+ years. Epub Reader Android
My Payhip Expertise
If you wanted to market digital products Through your own website, you’ll want a means to facilitate trades — some kind of infrastructure that will allow a client to select your goods, cover it, and have it immediately delivered to them with complete hands-off automation. Payhip solves this issue.
What is Payhip?
Payhip is An e-commerce platform/website that provides users with the easiest tools and solutions for promoting products straight to their customers and hosting 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 benefits of utilizing Payhip?
Each online Platform is different, and I have used a few of them previously.
Having A platform that is really simple to use and one that does not require a huge amount of my time is of paramount importance.
Payhip will Save you a lot of time also because everything is taken care of on the Payhip platform.
The Benefits that I’ve gained the most from utilizing Payhip include –
- EU VAT is taken care of, and it is a huge plus in my book.
- Affordable. The website takes zero charges asides From 5% per transaction when you sell a digital product.
- Accessibility to analytics accounts.
- Access to marketing tools. You have the option to create Social and Coupons discounts.
- Ability to signup, manage and reward your affiliates.
- Access to merchandise sharing tools. Plus you can embed Buy and your product Now buttons right on blog or your site.
- The Capacity to setup mailing lists so that your customers can Subscribe and remain up to date with your electronic goods, and more.
- Instant digital merchandise delivery via email link to customers.
What I Like About Payhip
Let us get to the details. Following my two year Payhip experience, Here Is What I really like about the service…
Payments Are Instantaneous
Payhip let’s your customers pay with PayPal Or by credit/debit card with Stripe, and they don’t pay out monthly/weekly/quarterly or force you to wait for them to clean some kind of holding period. When a client makes a purchase, the money is immediately available on your accounts, and if you’ve got the PayPal and also Stripe apps installed on your mobile device, you are going to get notifications whenever a sale happens. Epub Reader Android
I happen to love this. The excitement of Seeing a sale never gets older. It’s also great to wake up in the morning, reach for your phone, and also see you made X amount of dollars while you were sleeping, and it is all readily available for you to spend. The caveat to this is Stripe. If your customers pays by card using Stripe, there’ll be a 3 day hold until the cash is available. That is Stripe however — Payhip does not hold your cash in any way.
No Monthly Fees
One of those things that Payhip initially sold me on is that there is no Monthly charges or setup charges — just a simple flat charge of 5% per purchase .
This was attractive to me back in 2016 Since, at the moment, my readership was 1/10th of what it is now, and that I wasn’t positive that I was likely to consistently sell enough product to warrant paying a monthly fee to get a similar service such as Gumroad. As a relatively new blogger with a small audience, Payhip was the no-risk solution that best fit my situation.
Easy To Understand Analytics
Payhip’s back end Provides an page That lets you see trades and earnings amounts relative to the day, month, week, year, or any other specified range. Best of all, it is a report that is simple and to-the-point.
If you have used Google Analytics or Facebook analytics, the number of data you’re instantly smacked in the face can be a bit overwhelming, and a lot of it’s mostly useless too. Payhip just provides you what you are there to view — sales information. Nothing more, nothing less.
Run Promotions with Coupon Codes
Another benefit users of Payhip encounter is The ability to conduct promotions by creating coupon codes.
The codes may be Enjoy and for any (or all) products. They could run for whatever length you want (or even permanently,) along with the code itself can even be customized to whatever series of text you desire.
I’ve found this to be helpful. Occasionally I’ll conduct a weekend marketing, post it on Facebook, then raise the article targeting a pixel audience and I don’t fail to go ROI positive by it. People really do respond to limited time offers. Epub Reader Android
Your Own Affiliate Program
Payhip Provides you the capability to let your Readers register as an affiliate of your store, and someone buys a product you can award.
This is useful since it allows people To sell your merchandise and if they have a stage and an audience of their own they can tap to, the commissions paid will be worth it.
Easy Integration with Email Marketing
If you are into email marketing, you will be Able to incorporate Payhip along with your email advertising supplier that is preferred so that whenever a purchase is made, the email address of the purchaser can be added to a listing that is selected.
This is relatively small but I think it’s Pretty cool so I wish to give it a mention — if you desire, you’ll have Payhip stamp the purchaser’s email address into the top left corner of every page of a PDF document they’ve purchased.
So if someone plans to Purchase Your PDF Publication then make it publicly available for free somewhere else, they’ll have to be okay with their private email address being publicly accessible. I think that is a means of deterring pirating.
Upload Most Sorts of Files
Payhip is not Only a market for ebooks — You can upload any kind of digital file. Font documents, video/audio files, photographs, software, etc..
Overall Simplicity and Modern Design
1 thing that can’t be overlooked whenever You’re selling something is how current your website looks. People generally don’t trust myself included. If a site looks like it hasn’t been updated because the web 2.0 days, I start to wonder if perhaps I am in an abandoned building and putting my payment info to it would pretty much be just like throwing my money into a black hole.
That’s not the case with Payhip though. The Site has a very modern and simple design. If you should buy a merchandise this is exactly what you’d anticipate a checkout page by a trustworthy company. Epub Reader Android
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 images, sales copy, and just the crucial information (such as price.) They do absolutely nothing to interfere with your purchase — no self-promotion whatsoever.
Finally, what I really enjoy about Payhip is That they do not store customer payment info, meaning your clients’ payment details are secure. The payment is managed through Stripe or PayPal, and I prefer it that way as they are large companies with a lot of money.
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 service and would like to see improved…
No Mobile App
One thing that bugs me about Payhip is that They do not have a app. It’d be convenient to be able to start an app while I am out and around, and have a look during my earnings data. You may log in to the site and do this, but the website isn’t even optimized for mobile devices.
I enjoy Payhip, but this is a very Bad appearance in 2018. There is no reason you should not have a website optimized for mobile, and once you have that, you ought to be able to easily turn the website itself into it’s own program so users don’t have to manually register in each time they would like to inspect 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 would like to see an Extra capability to suggest Other products. By way of example, if they’re buying a package of templates for $5, then I propose some other product that could interest them that they didn’t know about, or could offer a package of business card templates for a few added bucks. This is something that websites like Amazon and VistaPrint do very well.
I can’t help but feel like there’s a Great Deal of money being left on the Table — for myself and Payhip — with no functionality. This may improve the Payhip encounter for both the customer and the seller.
Establish On A Fixed Timezone
This one is mostly frivolous, but I had still Like to see it fixed.
Since Payhip is located in London, they have BST was place to by the working timezone for the entire website. Since I’m found in the EST, I will occasionally 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 information reveals that.
Again, this is a non-issue, but I Would love to observe the ability to adjust the website to your timezone. Epub Reader Android
More Flexibility with Coupon Codes
I know I raved about the voucher Code feature but it is not perfect.
As it stands, the sole promotion You can run via a voucher code is for a percent off. I’d like to have the ability to offer a dollar amount off the original price, or the capability to set a specified sale price.
At the moment, if I want to put a product that is $27 Available for $10, do the math to determine what percentage off will leave the final cost at $10 and I must break out the calculator. I think this is unnecessary and may be improved.
When creating A brand new product in Payhip, you have access to innovative alternatives including —
- Make your merchandise private.
- Add an ISBN (Internation Standard Book Number) for your eBook.
- Upload sample pages or a couple of preview.
- To how many copies of eBook or your product can be, Insert a limit number sold.
- Generate 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 electronic products. The website takes just 5 percent commission per transaction fee.
Would I Recommend Payhip?
This leaves us with the burning question: after 2+ years as a seller on Payhip, do you recommend it? Total, yes. I am a client, 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+ per month for something such as Gumroad, then yes, I would recommend Payhip. But in case you have a massive audience or sell a high-ticket merchandise and know you’ll do at least $1,000 in sales each month, you may want to look into something most cost effective.
As of this date of the writing, Payhip functions On a flat fee of 5% of each sale. Gumroad’s fee is currently 3.5% + $0.30 per transaction + $10 a month.
If you are going to be promoting $1,000 per month in total quantity, the math should (typically ) favor Payhip. But if you are selling into the thousands, you’ll probably want to go with Gumroad or look into another alternative. This is dependent on how many transactions it requires to reach those sales numbers so be certain that you crunch the numbers.
Personally, I love the Payhip Expertise and am thankful for their services. I want to see them continue to grow and succeed. Epub Reader Android