Of All of the ways of Creating content, my Strategy is Like studying layout templates and materials to create and sell products. I’ve discovered that it is extraordinarily more profitable than running advertisements from networks like AdSense, and products convert at a significantly greater speed than an affiliate product that someone else created. The service I use to facilitate this is Payhip, and this post I’ll be discussing what I both like and dislike about the ceremony based on my Payhip experience for a vendor for 2+ years. Flippa
My Payhip Expertise
If you wanted to sell digital products Through your own website, you are going to need a means to facilitate transactions — some kind of infrastructure which will enable a customer to select your goods, cover it, and have it immediately delivered to them with complete hands-off automation. Payhip solves this problem.
Payhip is An e-commerce platform/website that provides users with options and the simplest tools for promoting digital products straight to their customers and hosting 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 advantages of using Payhip?
Each online Platform differs, and I’ve used a couple of these previously.
Having A platform that is simple to use and one that doesn’t require a massive amount of my time that is precious is of paramount importance.
Payhip will Save a lot of time because everything is cared for on the Payhip platform.
The Benefits that I’ve gained the most from utilizing Payhip comprise –
- EU VAT is cared for, which can be a huge plus in my book.
- Affordable. The website takes zero charges asides From 5% per transaction when you sell a item that is digital.
- Accessibility to analytics reports.
- Access to advertising tools. You have the option to make Coupons and societal discounts.
- Ability to signup, manage and reward your affiliates.
- Access to product sharing tools. Plus it is possible to embed Purchase and your product Now buttons on your own site or blog.
- The Capacity to set mailing lists so that your customers can Subscribe and stay up to date with your goods, and more.
- Instant digital product delivery via email link for buyers.
What I Enjoy About Payhip
Let’s get to the details. After my 2+ year Payhip experience, Here Is What I love about the ceremony…
Payments Are Instantaneous
Payhip let us your customers pay with PayPal Or from credit/debit card using Stripe, plus they do not pay out monthly/weekly/quarterly or make you wait for them to clean some kind of holding period. When a client makes a purchase, the cash is instantly available in your accounts, and if you have the PayPal and also Stripe programs installed on your mobile device, you’ll get notifications each time a sale happens. Flippa
I happen to appreciate this. The excitement of Seeing a sale that is new never gets old. It’s also great to awake in the morning, reach for your telephone, and see that you made X amount of dollars while you were sleeping, and it’s all easily available for you to spend. The caveat to this can be Stripe. If your clients card using Stripe, there will be a three day hold until the money is available. This is Stripe though — Payhip doesn’t hold your cash at all.
No Monthly Fees
Among those things that Payhip originally sold me on is that there is no Monthly fees or installation charges — just a simple flat fee of 5 percent per purchase .
This was attractive to me back Since, at the moment, my readership was 1/10th of what it is now, and I was not positive I was going to always sell enough product to justify paying a monthly fee for a similar service such as Gumroad. As a relatively new blogger with a small crowd, Payhip was the quickest solution that best match my situation.
Easy To Understand Analytics
Payhip’s back end Provides an page That lets you see trades and earnings amounts relative to this day, month, week, year, or any other specified selection. On top of that, it’s a report that is to-the-point and simple.
If you used Google Analytics or Facebook analytics, the amount of data you’re instantly smacked in the face with can be a bit overwhelming, and a lot of it’s largely useless also. Payhip just provides you what you are 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 may be Enjoy and for any (or all) products. They could run for any duration you want (or even indefinitely,) and the code itself may even be customized to whatever string of text you desire.
I have found this to be somewhat helpful. Sometimes I will run a weekend marketing, post it on Facebook boost the post targeting a pixel re-marketing audience and I don’t fail to go ROI positive with it. People do respond well to limited time offers. Flippa
Your Own Affiliate Program
Payhip gives you the capability to let your Readers sign up as an affiliate of your shop, and you can grant them a commission of whatever percentage you would like, someone purchases a product using their customized affiliate link.
This is useful since it allows other Men and Women To market your products the commissions paid will be well worthwhile and should they have an audience of their own and a platform they can tap into.
Easy Integration with Email Marketing
You will be if you are into advertising Able to integrate Payhip along with your email marketing supplier so that a sale is made, the buyer’s email address can be added into a chosen listing.
This is relatively minor but I think it’s Pretty cool so I wish to give it a reference — if you desire, you can have Payhip stamp the buyer’s email address to the upper left corner of each page of a PDF document they have bought.
So if someone plans to Purchase Your PDF Book subsequently make it accessible for free somewhere else, they’ll have to be fine with their private email address being available. I think that is a really creative means of deterring pirating.
Upload Many Sorts of Files
Payhip is a marketplace for ebooks — It’s possible to upload any sort of electronic file. Font documents, video/audio files, photos, software, etc..
Overall Simplicity and Modern Design
1 thing that can not be overlooked whenever You’re selling something is your site looks. Individuals don’t trust myself included. If a website looks like it hasn’t been updated since the net 2.0 times, then I begin to wonder if perhaps I am in an abandoned construction and putting my payment info 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. This is exactly what you would anticipate a checkout page from a trusted company to appear like, if you were to purchase a merchandise on the world wide web. Flippa
Another thing that I like about Payhip is its Overall simplicity. From the very moment a visitor lands on your product page, Payhip stays out of the way. They display your images, sales copy, and only the crucial info (such as price.) They do nothing to interfere with your sale — no self-promotion whatsoever.
Finally, what I actually like about Payhip is That they do not store customer payment info, meaning your customers’ payment details are secure. The payment is managed through Stripe or PayPal, and I prefer it that way because they’re large companies with a lot of cash to spend on security.
What I Dislike About Payhip
As much as I enjoy Payhip, it’s far from perfect. Here are some items that I dislike about the ceremony and would like to see improved…
No Mobile App
1 thing that bugs me around Payhip is that They do not possess a mobile app. It’d be convenient to be able to start an app while I am out and about, and take a look. The website isn’t optimized for mobile devices, although you do this and can log in to the site.
I enjoy Payhip, but that is a very Bad appearance in 2018. There is no reason you shouldn’t have a website optimized for cellular, and when you’ve got that, you ought to be able to easily turn the site itself right into it’s own program so users don’t need to manually sign in every time they would like to inspect sales information. Let users of Payhip experience a platform when they’re on their devices.
No Upsells or Add-Ons In Checkout
On the checkout page, I would really like to see an capability to indicate Other products. If they are purchasing a bundle of logo templates for $5, I could offer a bundle of business card templates or propose some other similar product that could interest them they didn’t know about. This is something which sites like Amazon and VistaPrint do 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 operation. This may enhance the Payhip experience for both the seller and the customer.
Set On A Fixed Timezone
This one is frivolous, but I had still Prefer to see it fixed.
Considering that Payhip is located at London, they’ve BST was place to by the timezone for the website. Since I’m found in the EST, I’ll sometimes check my stats at 7PM or later and see that I left 0 earnings for the day since Payhip thinks it is midnight and its data reveals that.
Again, this is a non-issue, but I Would love to observe that the ability to adjust the website to your own timezone. Flippa
More Flexibility with Coupon Codes
I know I raved about the voucher Code feature but it is not perfect.
As it stands, the promotion You can run through a coupon code is to get a percent off. I’d like to have the ability to supply a dollar amount from the original cost, or the capability to set a predetermined sale price.
At the moment, if I Need to place a merchandise Available for $10, I have to break out the calculator and do the math to figure out what percentage off will leave the final price at $10. I believe this is unnecessary and could be made better.
When creating A brand new product in Payhip, you have access to innovative alternatives which include —
- Make your product personal.
- Add an ISBN (Internation Standard Book Number) to your eBook.
- Publish sample pages or a preview.
- To the number of copies of eBook or your product could be add a limit number sold.
- Generate a license key for all your product/eBook revenue.
How much does it cost?
Payhip will Cost you nothing or even host your digital products. The site takes just 5% commission per transaction fee.
Would I Recommend Payhip?
This leaves us with the burning question: after two + years as a seller on Payhip, would you recommend it? Overall, yes. I am very much a client, but whether or not you should use it depends on your own situation.
If you’re a new blogger with a small audience And you can’t justify spending $10+ a month to get something such as Gumroad, then yes, I would recommend Payhip. However, in case you know you’ll be doing at least $ 1,000 in sales every month and market a product that is high-ticket or have a massive audience, you might want to check into something.
As of this date of this writing, Payhip functions On a set fee of 5% 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 volume, the math should (in most cases) favor Payhip. But if you’re selling into the thousands, you are probably going to want to go with Gumroad or start looking into some other alternative. This is dependent on how many transactions it takes to reach those sales numbers though, so be sure to crunch the numbers.
Personally, I love the Payhip Expertise and am grateful for their services. I want to see them continue to grow and succeed. Flippa