Introduction Fetch App
Of all the ways of monetizing content, my favorite Strategy is Such as learning layout templates and materials to create and sell products. I’ve discovered that it is extraordinarily profitable than running advertisements and products convert at a much higher speed than an affiliate product that somebody else created. The support I use to facilitate this can be Payhip, and this post I’ll be discussing what I both like and dislike about the service based on my Payhip expertise as a seller for two + years. Fetch App
My Payhip Experience
If you have ever wanted to sell digital products Through your own website, you’ll need a means to facilitate trades — some kind of infrastructure which will enable a client to select your product, pay for it, and also have it instantaneously delivered to them with whole hands-off automation. Payhip solves this problem.
What is Payhip?
Payhip is An that gives customers with solutions and the simplest tools for selling products directly to their clients 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 using Payhip?
Each online Platform is different, and I have used a couple of these previously.
For me, having A stage that is simple to use and one that doesn’t take a huge amount of my time is of utmost significance.
Payhip will Save a great deal of time also because everything is cared for on the Payhip platform.
The Advantages that I’ve gained the most from using Payhip comprise –
- EU VAT is cared for, and it is a huge plus in my book.
- Affordable. The site takes zero fees asides From 5% per transaction when you sell a product that is digital.
- Access to analytics accounts.
- Access to advertising tools. You have the option to make Coupons and societal discounts.
- Capability to signup, handle and reward your affiliates.
- Access to merchandise sharing tools. Plus you can embed Buy and your product Now buttons right on blog or your own site.
- The ability to setup mailing lists so that your clients can Subscribe and remain current with your goods, and much more.
- Immediate digital product shipping via email link to customers.
What I Like About Payhip
Let us get to the information. After my 2+ year Payhip expertise, here’s what I really like about the ceremony…
Upgrades Are Instantaneous
Payhip let’s your customers pay with PayPal Or by credit/debit card with Stripe, and they don’t cover monthly/weekly/quarterly or make you wait for them to clean some kind of holding period. When a customer makes a purchase, the cash is instantly available in your accounts, and in case you have the PayPal and also Stripe programs installed on your mobile device, you are going to get notifications each time a sale happens. Fetch App
I happen to love this. The excitement of Seeing a brand new sale never gets old. It’s also great to wake up in the morning, reach for your phone, and 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 with Stripe, there’ll be a three day hold until the cash is available. That is Stripe though — Payhip does not hold your money in any way.
No Monthly Fees
Among the things that Payhip initially sold me is that there is no Monthly charges or installation charges — only a simple flat fee of 5% per purchase .
This was attractive to me back in 2016 Because, at the time, my readership was 1/10th of what it is now, and I wasn’t positive that I was likely to consistently sell enough product to justify 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 match my scenario.
Simple To Understand Analytics
Payhip’s back end offers an analytics page That lets you see transactions and earnings quantities relative to this day, month, week, year, or any other given selection. Best of all, it’s a report that is to-the-point and straightforward.
If you’ve ever used Google Analytics or Facebook analytics, the amount of data you are immediately smacked in the face with can be somewhat overwhelming, and a lot of it’s mostly useless also. Payhip just gives you exactly what you’re there to view — 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 for almost any percentage you would Like and for any (or all) products. They can run for whatever duration you want (or even permanently,) and the code itself can even be customized to whatever series of text you desire.
I have found this to be somewhat helpful. Sometimes I’ll conduct a weekend marketing, post it on Facebook, then raise the post targeting a pixel re-marketing audience and I don’t fail to go ROI positive with it. People really do respond to limited time offers. Fetch App
Your Own Affiliate Program
Payhip Provides you the capability to let your Readers register as an affiliate of your shop, and if someone purchases a product with their custom affiliate link, you can grant.
This is useful because it allows other Men and Women To market your merchandise for you, the commissions paid will be well worthwhile and if they have a platform and an audience of their own they can tap into.
Easy Integration with Email Marketing
You will be, if you’re into advertising Able to readily integrate Payhip with your email advertising supplier that is chosen so that if a purchase is made, the purchaser’s email address could be added into a selected listing.
That is minor but I think it’s Pretty cool so I want to give it a mention — if you desire, you can have Payhip postage the purchaser’s email address into the upper left corner of each page of a PDF document they’ve bought.
So if someone intends to Purchase Your PDF Book make it available for free they’ll need to be fine with their personal email address being publicly accessible. I think that’s a creative way of deterring pirating.
Upload Many Sorts of Files
Payhip is a market for ebooks — You can upload any sort of electronic file. Font files, video/audio documents, photos, software, etc..
Total Simplicity and Modern Design
One thing that can not be overlooked whenever You are selling something is your site looks. People generally do not trust myself included. If a site looks like it hasn’t been updated because the net 2.0 days, I start to wonder if perhaps I’m in an abandoned construction and placing my payment info to it would pretty much be like throwing my money into a black hole.
That is not the case with Payhip though. The Site has a easy and very contemporary layout. In the event that you were to buy a product on the internet, this is exactly what you’d anticipate a checkout page by a business. Fetch App
Another thing that I enjoy about Payhip is its In general simplicity. From the a visitor lands on your product page, Payhip stays out of the way. They display your graphics, sales copy, and only the critical info (such as price.) They do absolutely nothing to interfere with your sale — no.
Finally, what I actually like about Payhip is That they do not store customer payment information, meaning your customers’ payment details are secure. The payment is managed through PayPal or Stripe, and I prefer it this way because they’re successful companies with a lot of money to spend on security.
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 service and would like to see enhanced…
No Mobile App
One thing that bugs me around Payhip is that They do not possess a app. It’d be convenient to be able to start an app while I am out and around, and take a look. The website isn’t even optimized for mobile devices, although you can log in to the website and do this.
I like Payhip, but this is a really Bad appearance in 2018. There’s no reason you should not have a site optimized for mobile, and when you’ve got that, you should be able to easily turn the website itself into it’s own program so users don’t have to manually register in every time they would like to check sales information. Users of Payhip encounter a much better platform when they’re on their cellular devices.
No Upsells or Add-Ons In Checkout
On the checkout page, I would really like to see an ability to indicate Other products. By way of instance, if they’re purchasing a bundle of logo templates for $5, then I could provide a package of business card templates to get a few dollars, or suggest. This is something which sites like Amazon and VistaPrint do.
I can’t help but feel like there is a Great Deal of money Table — for myself and Payhip — with no operation. This could improve the Payhip experience for both the client and the seller.
Set On A Fixed Timezone
This one is mostly frivolous, but I had still Prefer to see it fixed.
Since Payhip is located at London, they have The functioning timezone for the whole site place to BST. Since I am located in the EST, I’ll occasionally check my stats at 7PM or afterwards and see that I made 0 sales for the day since Payhip believes it is midnight and its information reveals that.
Again, this is a non-issue, but I Would like to see the ability to correct the site. Fetch App
More Flexibility with Coupon Codes
I know I raved about the voucher It’s not quite perfect yet, although code feature earlier.
As it currently stands, the promotion You’re able to run via a coupon code is for a percentage off. Ideally, I’d like to have the ability to offer a dollar amount from the initial price, or the capability to set a predetermined sale price.
Right Now, if I Need to place a merchandise On sale for $10, do the math to determine what percentage off would render the price and I must break out the calculator. I think 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 merchandise private.
- Add an ISBN (Internation Standard Book Number) for your eBook.
- Upload sample pages or a preview.
- To how many copies of eBook or your product can be Insert a limitation number sold.
- Create a unique license key for each of your product/eBook revenue.
Just how much does this cost?
Payhip will Cost you to set up or even host your products. The website takes only 5 percent commission per transaction fee.
Would I Recommend Payhip?
This leaves us with the burning question: after 2+ years as a vendor on Payhip, do you recommend it? Total, yes. I am a satisfied client, but whether or not you should use it depends on your own situation.
If you are a blogger with a small audience And you can not justify spending $10+ a month for something such as Gumroad, then yes, I would recommend Payhip. In case you sell a product that is high-ticket or have a massive audience and know you’ll be doing at least $ 1,000 in sales every month, you might want to look into something.
As of the date of this writing, Payhip functions On a flat fee of 5% of every sale. Gumroad’s fee is currently 3.5% + $0.30 per transaction + $10 per month.
If you are going to be promoting $1,000 a month in total volume, the mathematics should (in most cases) favor Payhip. But if you are selling into the thousands, you’ll probably want to go with Gumroad or start looking into some choice. That is mostly dependent on how many transactions it requires to reach those sales numbers so be certain to crunch the numbers for yourself.
Personally, I love the Payhip Experience and am thankful for their solutions. I would like to see them continue to grow and succeed. Fetch App