Of All of the ways of monetizing blog Articles, my method is To create and sell digital products. I have found that it is extraordinarily profitable than running ads and self-made products convert at a much greater speed compared to an affiliate product that someone else created. The service I use to ease this is Payhip, and in this post I’ll be discussing what I both like and dislike about the service based in my Payhip expertise for a seller for two + years. Fbreader
My Payhip Experience
If you wanted to market digital products Through your own site, you are going to want a means to facilitate trades — some kind of infrastructure which will enable a client to select your goods, cover it, and have it immediately delivered to them with complete hands-off automation. Payhip solves this issue.
Payhip is An that gives users with options and the easiest tools for selling electronic products directly 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.
Which are the advantages of utilizing Payhip?
Each online Platform is different, and I have used a few of these previously.
Having A platform that is simple to use and one that does not take a massive amount of my valuable 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 include –
- EU VAT is taken care of, and it is a huge plus in my book.
- Affordable. The site takes zero charges asides From 5 percent per trade when you sell a digital product.
- Access to analytics accounts.
- Access to marketing tools. You have the option to make Social and Coupons discounts.
- Ability to signup, manage and reward your affiliates.
- Access to product sharing tools. Plus you can embed Buy and your merchandise Now buttons on your website or blog.
- The Capacity to set mailing lists so that your customers can Subscribe and remain up to date with your digital goods, and much more.
- Instant digital merchandise shipping via email link to customers.
What I Enjoy About Payhip
Let’s get to the information. After my 2 year Payhip experience, Here Is What I love about the service…
Payments Are Instantaneous
Payhip let’s your customers pay with PayPal Or from credit/debit card using Stripe, plus they do not cover monthly/weekly/quarterly or make you wait for them to clear some sort of holding period. When a client makes a purchase, the cash is instantly available on your accounts, and in case you’ve got the PayPal and also Stripe programs installed on your mobile device, you are going to get notifications whenever a sale occurs. Fbreader
I happen to appreciate this. The excitement of Seeing a sale that is brand new never gets older. In addition, it is good to awake in the morning, reach for your phone, and see that you made X amount of dollars while you were sleeping, and it’s all readily available for you to spend. The caveat to this is Stripe. If your clients card with Stripe, there will be a three day hold before the money is available. This is Stripe however — Payhip doesn’t hold your cash at all.
No Monthly Charges
Among the things that Payhip initially sold me is that there’s no Monthly fees or installation charges — only a simple flat charge of 5% per sale.
This was appealing to me in 2016 Since, at the moment, my readership was less than 1/10th of what it is now, and that I wasn’t positive I was going to always sell enough product to warrant paying a monthly fee to get a similar service like Gumroad. As a relatively new blogger having a little audience, Payhip was the no-risk solution that best fit my scenario.
Easy To Understand Analytics
Payhip’s back end offers an page That enables you to view trades and earnings amounts relative to this day, month, week, year, or any other specified selection. On top of that, it is a report that is to-the-point and really straightforward.
If you have ever used Google Analytics or Facebook analytics, the number of information you’re immediately smacked in the face with can be a bit overwhelming, and a lot of it is mostly useless too. Payhip just provides you exactly what you’re there to view — sales data. Nothing more, nothing less.
Run Promotions with Coupon Codes
Another advantage users of Payhip experience is By producing coupon codes promotions to run.
The codes can be for almost any percentage you’d Like and for any (or all) products. They could run for whatever duration you’d like (or even indefinitely,) along with the code itself can even be customized to whatever series of text you desire.
I have found this to be very helpful. Occasionally I’ll run a weekend promotion, post it on Facebook boost the post targeting a pixel audience and I don’t fail to go ROI positive by it. People truly do respond well to limited time offers. Fbreader
Your Own Affiliate Program
Payhip gives you the capability to let your Readers sign up as an affiliate of your shop, and someone purchases a product you are able to award them a commission of whatever percent you’d like.
This is useful because it allows other people To sell your merchandise the commissions paid will be worthwhile, and should they have a platform and an audience of their own that they can tap into.
Easy Integration with Email Marketing
If you’re into email advertising, you’ll be Able to incorporate Payhip along with your email advertising provider that is chosen so that if a sale is made, the buyer’s email address could be added into a listing that is selected.
That is minor but I think it’s Pretty cool so I want to give it a mention — if you so desire, you can have Payhip postage the buyer’s email address to 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 available for free somewhere else, they’ll need to be fine with their email address being publicly accessible also. I believe that’s a creative means of deterring pirating.
Upload Most Sorts of Files
Payhip is a marketplace for ebooks — It’s possible to upload just about any sort of file. Font documents, video/audio files, photographs, software, etc..
Total Simplicity and Modern Design
One thing that can’t be overlooked whenever You’re selling something is the way current your site appears. Individuals generally do not trust myself included. If a website looks like it hasn’t been updated since the net 2.0 times, then I start to wonder if maybe I’m in an abandoned construction and putting my payment information to it would pretty much be just like throwing my money into a black hole.
That’s not true with Payhip though. The Site has a easy and very contemporary layout. This is what you would expect a checkout page by a trustworthy company, if you should buy a digital product on the world wide web. Fbreader
Another thing I like about Payhip is its Overall simplicity. From the second a visitor lands on your product page, Payhip stays out of the way. They display your graphics, sales copy, and only the crucial info (such as price.) They do nothing to interfere with your sale — no.
Finally, what I actually enjoy about Payhip is That customer payment info isn’t stored by them, meaning your clients’ payment details are safe. The payment is handled through Stripe or PayPal, and I prefer it that way because they are large, successful companies with lots of cash.
What I Dislike About Payhip
As much as I enjoy Payhip, it is far from perfect. Here are some things that I dislike about the ceremony and would like to see enhanced…
No Mobile App
1 thing that bugs me around Payhip is that They don’t have a mobile program. It’d be convenient to have the ability to open an app and take a look during my sales data while I am out and about. You do this and can log into the site, but the site isn’t optimized for mobile devices.
I like Payhip, but this is a very Lousy look in 2018. There’s no reason you should not have a site optimized for cellular, and when you’ve got that, you should be able to easily turn the website itself right into it’s own program so users do not have to manually register in each time they want to check sales data. Let users of Payhip encounter a much better platform when they are on their devices.
No Upsells or Add-Ons At Checkout
On the checkout page, I’d like to see an capability to suggest Other products. For example, if they’re buying a package of logo templates for $5, I propose some other similar product which may interest them that they previously didn’t know about, or might offer a package of business card templates for a couple of dollars. This is something which sites like VistaPrint and Amazon do well.
I can’t help but feel like there is a Great Deal of money being left on the Table — for both myself and Payhip — without this operation. This may enhance the Payhip encounter for both the vendor and the customer.
Set On A Fixed Timezone
This one is mostly frivolous, but I’d still Like to see it fixed.
Considering that Payhip is located in London, they have The functioning timezone for the site set to BST. Since I am found in the EST, I’ll occasionally check my stats at 7PM or later and see that I made 0 sales for the day since Payhip believes it’s midnight and its data reflects that.
This is largely a non-issue, but I Would like to observe the capability to adjust the website to your timezone. Fbreader
More Flexibility with Coupon Codes
I know I raved about the voucher It’s not perfect, although Code attribute earlier.
As it stands, the sole advertising You can run via a coupon code. I’d like to have the ability to supply a dollar amount from the initial price, or the capability to set a sale price.
Right Now, if I Need to put a merchandise Available for $10, do the math to determine what percent off will leave the price and I must break out the calculator. I think that is unnecessary and could be made better.
When creating A brand new product in Payhip, you have access to advanced alternatives which include —
- Make your product personal.
- Add an ISBN (Internation Standard Book Number) for your eBook.
- Upload sample pages or a couple of preview.
- To how many copies of your product or eBook can be Insert a limit number sold.
- Generate a license key that is unique for all your product/eBook revenue.
Just how much does this cost?
Payhip will Cost you or even host your products. The website takes only 5% 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 very much a customer, but whether or not you should use it depends on your situation.
If you’re a blogger with a small audience And you can not justify spending $10+ per month for something such as Gumroad, then yes, I would recommend Payhip. If you know you’ll do at least $ 1,000 in sales each month and sell a high-ticket merchandise or have a massive audience, you might want to look into something most cost effective.
As of the date of the writing, Payhip functions On a set fee of 5% of every sale. Gumroad’s fee is currently 3.5% + $0.30 per transaction + $10 a month.
If you are going to be promoting less than $1,000 a month in total quantity, the mathematics should (typically ) prefer Payhip. But if you’re selling well into the thousands, you are probably going to need to go with Gumroad or start looking into another choice. This is mostly dependent on how many transactions it takes to achieve those sales numbers so make certain to crunch the numbers.
Personally, I love the Payhip Experience and am thankful for their services. I would like to see them continue to grow and succeed. Fbreader