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Of all the ways of Creating blog content, my favorite Strategy is To create and sell digital products. I have discovered that it’s extraordinarily profitable than running advertisements and self explanatory products convert at a higher speed than an affiliate product that someone else created. The support I use to facilitate this is Payhip, and this post I will be discussing what I both like and dislike about the ceremony based on my Payhip expertise as a seller for two + years. Fbreader Pdf
My Payhip Expertise
If you wanted to market products Through your own website, you’ll need a way to facilitate trades — some sort of infrastructure that will allow a client to select your product, cover it, and have it immediately delivered to them with complete hands-off automation. Payhip solves this issue.
What is Payhip?
Payhip is An that gives customers with the tools and options for hosting and promoting products directly to their clients online.
The company Was co-founded by Abs Farah and Kahin Farah and is now based in my capital city of London.
Which are the benefits of using Payhip?
Each online Platform is different, and I have used a couple of these previously.
Having A stage that is simple to use and one that doesn’t take a huge amount of my time that is valuable is of utmost importance.
Payhip will Save a lot of time also because everything is taken care of on the Payhip platform.
The Benefits that I’ve gained the most from using Payhip include –
- EU VAT is cared for, which can be a huge plus in my book.
- Affordable. The site takes zero fees asides From 5 percent per trade when you sell a product that is digital.
- Accessibility to analytics accounts.
- Access to advertising tools. You have the option to create Social and coupons discounts.
- Capability to signup, manage and reward your own affiliates.
- Access to merchandise sharing programs . Plus you can embed Your product and purchase Now buttons on your site or blog.
- The Capacity to set mailing lists so that your clients can Subscribe and stay current with your products, and more.
- Immediate digital merchandise delivery via email link for buyers.
What I Enjoy About Payhip
Let us get to the details. Following my two + year Payhip experience, here’s what I really like about the ceremony…
Upgrades Are Instantaneous
Payhip let us your customers pay with PayPal Or by credit/debit card using Stripe, plus they don’t cover monthly/weekly/quarterly or force you to wait around for them to clear some sort of holding period. When a customer makes a purchase, the money is instantly available on your accounts, and in case you have the PayPal and also Stripe apps installed on your mobile device, you’ll receive notifications each time a sale happens. Fbreader Pdf
I happen to appreciate this. The excitement of Seeing a sale that is new never gets older. It’s also good to awake in the morning, reach to your phone, and see that you made X number of dollars while you’re sleeping, and it is all easily available for you to spend. The only caveat to this can be Stripe. If your customers pays by card using Stripe, there will be a three day hold before the money is available. This is all Stripe however — Payhip doesn’t hold your money at all.
No Monthly Charges
One of those things that Payhip initially sold me is that there is no Monthly fees or installation charges — only a simple flat fee of 5 percent per sale.
This was appealing to me Because, at the time, my readership was less than 1/10th of what it is now, and that I was not positive 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 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 page That enables you to view trades and earnings amounts relative to the day, week, month, year, or some other given range. Best of all, it’s a report that is to-the-point and straightforward.
If you used Google Analytics or Facebook analytics, the number of data you are instantly smacked in the face with can be somewhat overwhelming, and a lot of it’s mostly useless also. Payhip just gives you what you’re there to view — revenue data. Nothing more, nothing less.
Run Promotions with Coupon Codes
Another benefit users of Payhip experience is By creating coupon codes promotions to run.
The codes can be for almost any percentage you would Like and for any (or all) products. They can run for whatever length you want (or even indefinitely,) and the code itself may even be customized to whatever series of text you desire.
I’ve found this to be useful. Occasionally I will run a weekend promotion, place it on Facebook boost the post targeting a pixel audience and I don’t fail to go ROI positive with it. People do respond to limited time offers. Fbreader Pdf
Your Own Affiliate Program
Payhip gives you the ability to let your Readers sign up as an affiliate of your store, and you are able to award them a commission of whatever percent you would like someone buys a product with their custom affiliate link.
This is useful because it allows people To market your products the commissions paid will be worth it and should they have an audience of their own and a platform that they can tap to.
Easy Integration with Email Marketing
You will be if you’re into advertising Able to easily integrate Payhip along with your email advertising provider that is chosen so that a purchase is made, the email address of the purchaser could be added to a list.
That is minor but I think it’s Pretty cool so I wish to give it a reference — if you so desire, you can have Payhip postage the purchaser’s email address to the upper left corner of every page of a PDF document they have bought.
So if someone intends to Purchase Your PDF Publication subsequently make it available for free somewhere else, they will have to be fine with their email address being accessible. I believe that is a means of deterring pirating.
Upload Many Kinds of Files
Payhip isn’t Only a marketplace for ebooks — It’s possible to upload virtually any kind of file. Font files, video/audio documents, photos, software, etc..
Total Simplicity and Modern Design
One thing that can’t be overlooked whenever You are selling something is the way current your site looks. People don’t trust sites which appear outdated, myself included. If a website looks like it hasn’t been updated because the net 2.0 days, I begin to wonder if maybe I’m in an abandoned construction and placing my payment information to it’d pretty much be just like throwing my money into a black hole.
That is not true with Payhip though. The Site has a layout. If you were to buy a digital merchandise on the world wide web, this is exactly what you’d expect a checkout page from a trustworthy company. Fbreader Pdf
Another thing I enjoy about Payhip is its Overall simplicity. In the moment a visitor lands on your product page, Payhip stays out of the way. They display your images, sales copy, and only the crucial information (such as price.) They do nothing to interfere with your purchase — no self-promotion whatsoever.
Finally, what I enjoy about Payhip is That customer payment info isn’t stored by them, meaning that your clients’ payment details are safe. The payment is managed through Stripe or PayPal, and I prefer it that way as they are big companies with a lot of money.
What I Dislike About Payhip
As much as I enjoy Payhip, it’s far from perfect. Here are some things that I dislike about the ceremony and would like to see enhanced…
No Mobile App
One thing that bugs me about Payhip is that They don’t have a program. It’d be convenient to have the ability to open an app while I am out and around and take a look during my data. You can log into the site and do this, but the site is optimized for mobile devices.
I enjoy Payhip, but that is a very Bad look in 2018. There is no reason you shouldn’t have a website optimized for mobile, and when you have that, you ought to be able to easily turn the site itself right into it’s own program so users do not have to manually sign in every time they would like to inspect sales information. Users of Payhip experience a much better platform when they’re on their cellular devices.
No Upsells or Add-Ons At Checkout
On the checkout page, I’d like to see an added ability to suggest Other products similar to what the client is going to buy. If they’re purchasing a bundle of templates for $5, then I suggest, or might offer a bundle of business card templates to get a couple of bucks. This is something that websites like Amazon and VistaPrint do.
I can not help but feel as though there’s a Great Deal of money being left on the Table — for both myself and Payhip — with no operation. This could enhance the Payhip encounter for both the customer and the seller.
Establish On A Fixed Timezone
This one is frivolous, but I’d still Like to see it fixed.
Since Payhip is located in London, they’ve The functioning timezone for the whole site place to BST. Since I’m found 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 thinks it’s midnight and its information reflects that.
This is largely a non-issue, however I Would like to observe the capability to correct the site. Fbreader Pdf
More Flexibility with Coupon Codes
I know I raved about the coupon Code feature but it is not quite perfect just yet.
As it now stands, the only advertising You’re able to run via a voucher code. Ideally, I’d like to be able to supply a dollar amount off the price, or the ability to set a specified sale price.
At the moment, if I Need to place a merchandise Available for $10, do the math to determine what percent off will render the last cost at $10 and I must break out the calculator. I think that is unnecessary and may be made better.
When creating A new product in Payhip, you also have access to innovative options including —
- Make your merchandise private.
- Insert an ISBN (Internation Standard Book Number) to your eBook.
- Publish a preview or sample pages.
- To how many copies of your product or market can be, add a limit number sold.
- Create a license key that is unique for all your product/eBook revenue.
Just how much does it cost?
Payhip will Cost you or host your digital products. The site takes only 5% commission per trade fee.
Can I Recommend Payhip?
This leaves us with the burning question: after 2years as a seller on Payhip, do you recommend it? Overall, yes. I am a happy client, but whether you should use it depends on your situation.
If you are a blogger with a small audience And you can’t justify spending $10+ per month for something like 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 every month, you may want to check into something.
As of this date of the writing, Payhip functions On a set fee of 5 percent of each sale. Gumroad’s fee is currently 3.5% + $0.30 per transaction + $10 a month.
If you’re going to be selling $1,000 per month in total quantity, the mathematics should (in most cases) favor Payhip. But if you’re selling well into the thousands, you are probably going to need to decide on Gumroad or look into some alternative. This is largely dependent on how many transactions it takes to reach those sales numbers so be certain that you crunch the numbers on your own.
Personally, I absolutely love the Payhip Expertise and am thankful for their services. I would like to see them continue to grow and succeed. Fbreader Pdf