Introduction Free Book Samples
Of All of the ways of monetizing blog content, my favorite Strategy is Such as studying materials and design templates, to create and sell products. I’ve found that it’s extraordinarily more profitable than running advertisements from networks such as AdSense, and products convert at a significantly greater rate than an affiliate product that someone else created. The support I use to ease this is Payhip, and in this article I will be discussing what I both like and dislike about the service based in my Payhip expertise as a vendor for two + years. Free Book Samples
My Payhip Expertise
If you wanted to market digital products Through your own website, you are going to want a way to facilitate transactions — some kind of infrastructure which will enable a customer to select your goods, pay for it, and have it immediately delivered to them with whole hands-off automation. Payhip solves this issue.
What is Payhip?
Payhip is An that provides customers with the tools and options for hosting and selling digital products directly to their customers online.
The company Was co-founded by Abs Farah and Kahin Farah and is currently based in my capital city of London.
Which are the benefits of utilizing Payhip?
Each online Platform is different, and I have used a couple of these previously.
Having A platform that is so easy to use and one that does not require a huge amount of my time is of paramount importance.
Payhip will Save you a great deal of time because everything is cared for on the Payhip platform.
The Benefits that I’ve gained the most from utilizing Payhip include –
- EU VAT is taken care of, which can be a big plus in my book.
- Affordable. The website takes zero fees asides From 5% per trade when you sell a digital product.
- Accessibility to analytics reports.
- Access to marketing tools. You have the option to make Coupons and societal discounts.
- Ability to signup, handle and reward your affiliates.
- Access to product sharing programs . Plus it is possible to embed Purchase and your merchandise Now buttons directly on blog or your own site.
- The ability to setup mailing lists so that your customers can Subscribe and stay current with your goods, and much more.
- Immediate digital product delivery via email link to buyers.
What I Like About Payhip
Let’s get to the information. Following my 2+ year Payhip expertise, Here Is What I really like about the ceremony…
Upgrades Are Instantaneous
Payhip let’s your customers pay with PayPal Or by credit/debit card using Stripe, and they do not cover monthly/weekly/quarterly or make you wait for them to clear some kind of holding period. When a customer makes a purchase, the money is instantly available in your account, and if you have the PayPal and Stripe apps installed on your mobile device, you are going to receive notifications whenever a sale occurs. Free Book Samples
I happen to appreciate this. The excitement of Seeing a sale never gets old. It’s also good to wake up in the morning, reach for your telephone, and see you made X amount of dollars while you’re sleeping, and it’s all easily available for you to spend. The caveat to this is Stripe. If your clients card using Stripe, there’ll be a three day hold before the money is available. This is all Stripe however — Payhip doesn’t hold your money in any way.
No Monthly Charges
One of the things that Payhip initially sold me on is that there’s no Monthly fees or installation charges — only a simple flat charge of 5 percent per sale.
This was attractive to me Because, at the time, my readership was 1/10th of what it is now, and that I wasn’t positive that I was going to always sell enough product to warrant paying a monthly fee for a similar service like Gumroad. As a relatively new blogger with a little crowd, Payhip was the no-risk solution that best match my situation.
Simple To Understand Analytics
Payhip’s back end offers an page That enables you to view transactions and earnings amounts relative to the day, month, week, year, or some other given selection. On top of that, it’s a report that is to-the-point and really simple.
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 lots of it is largely useless also. Payhip just gives you exactly what you are there to see — revenue information. Nothing more, nothing less.
Run Promotions with Coupon Codes
Another advantage users of Payhip experience is Promotions to conduct by producing coupon codes.
The codes may be for almost any percentage you’d Enjoy and for any (or all) products. They could run for any duration you want (or even permanently,) along with the code itself may even be customized to whatever string of text you would like.
I’ve found this to be very useful. Sometimes I’ll conduct a weekend marketing, place it on Facebook, then raise the post targeting a pixel re-marketing audience and I never fail to go ROI positive with it. People truly do respond to limited time offers. Free Book Samples
Your Own Affiliate Program
Payhip Provides you the ability Readers register as an affiliate of your store, and you can grant someone purchases a product using their custom affiliate link.
This is useful since it allows people To sell your merchandise for you, the commissions paid will be well worthwhile, and should they have a stage and an audience of their own that they can tap into.
Easy Integration with Email Marketing
You’ll be, if you’re into advertising Able to easily incorporate Payhip along with your email advertising provider so that whenever a purchase is made, the email address of the purchaser could be added into 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 stamp the purchaser’s email address to the top left corner of every page of a PDF document they have purchased.
So if someone plans to buy your PDF Book subsequently make it accessible for free they will have to be okay with their email address being publicly available also. I believe that’s a creative means of deterring pirating.
Upload Most Kinds of Files
Payhip isn’t just a marketplace for ebooks — It’s possible to upload just about any kind of digital file. Font files, video/audio documents, photographs, software, etc..
Total Simplicity and Modern Design
One thing that can’t be overlooked whenever You are selling something is your site appears. People generally do not trust myself included. If a website looks like it hasn’t been upgraded since the web 2.0 days, I start to wonder if maybe I’m in an abandoned building and placing my payment info into 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 design. This is exactly what you’d anticipate a checkout page from a business to look like if you should purchase a product on the world wide web. Free Book Samples
Another thing I like about Payhip is its Overall simplicity. From the a visitor lands on your product page, Payhip remains 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 sale — no.
Eventually, what I actually enjoy about Payhip is That customer payment information isn’t stored by them, meaning that your customers’ payment details are safe. The payment is managed through Stripe or PayPal, and I prefer it that way as they are successful companies with lots 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 ceremony and would like to see enhanced…
No Mobile App
1 thing that bugs me around Payhip is that They don’t possess a app. It would be convenient to be able to open an app and have a look during my earnings data while I am out and about. The website isn’t even optimized for mobile devices, although you do this and can log in to the site.
I like Payhip, but that is a really Lousy appearance in 2018. There’s no reason you should not have a site optimized for mobile, and when you have that, you should be able to easily turn the website itself into it’s own program so users do not have to manually register in every time they want to check sales information. 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 added capability to indicate Other products. If they’re buying a package of templates for $5, I might offer a bundle of business card templates for a couple of extra bucks, or suggest. This is something that 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 — with no operation. This may improve the Payhip experience for both the vendor and the client.
Set On A Fixed Timezone
This one is largely frivolous, but I’d still Prefer to see it fixed.
Considering that Payhip is located at London, they’ve BST was place to by the working timezone for the website. Since I am found in the EST, I’ll sometimes check my analytics at 7PM or afterwards and see that I left 0 earnings for the day since Payhip thinks it is midnight and its own data reveals that.
This is a non-issue, however I Would like to see that the capability to adjust the site to your own timezone. Free Book Samples
More Flexibility with Coupon Codes
I know I raved about the coupon Code feature but it is not quite perfect.
As it stands, the sole advertising You’re able to run through a coupon code is to get a percent off. Ideally, I’d like to have the ability to offer a dollar amount to set a sale price.
At the moment, if I Need to place a merchandise Available for $10, I must break out the calculator and do the math to figure out what percentage off will leave the cost. I believe that is unnecessary and could be improved.
When creating A brand new product in Payhip, you have access to innovative options including —
- Make your merchandise private.
- Add an ISBN (Internation Standard Book Number) to your eBook.
- Publish sample pages or a preview.
- To the number of copies of market or your product could be, add a limit number sold.
- Create a license key that is exceptional .
How much does it cost?
Payhip will Cost you to establish or host your products. The website takes just 5 percent commission per trade fee.
Can I Recommend Payhip?
This leaves us with the burning question: after two + years as a vendor on Payhip, would you recommend it? Overall, yes. I am very much a customer, but whether or not you ought to use it depends on your own situation.
If you’re 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 sell a merchandise that is high-ticket or have a huge audience and know you’ll be doing at least $ 1,000 in sales every month, you may want to look into something most cost-efficient.
As of this 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 per month.
If you are going to be promoting less than $1,000 per month in total quantity, the mathematics should (typically ) prefer Payhip. But if you are selling well into the thousands, you’ll probably need to decide on Gumroad or start looking into some other alternative. This is largely dependent on how many transactions it takes to reach those sales numbers though, so make certain that you crunch the numbers.
Personally, I love the Payhip Experience and am really thankful for their services. I want to see them continue to grow and succeed. Free Book Samples