Introduction Free Books Online
Of All of the ways of monetizing content, my method is Like studying materials and layout templates, to make and sell products. I have found that it’s extraordinarily profitable than running advertisements from networks such as AdSense, and self-made products convert at a much greater rate compared to an affiliate product that somebody else created. The service I use to ease this is Payhip, and this article I will be sharing what I like and dislike about the ceremony based on my Payhip experience for a seller for 2+ years. Free Books Online
My Payhip Expertise
If you wanted to sell digital products Through your own site, you are going to need a means to facilitate transactions — some kind of infrastructure which will enable a customer to select your product, pay for it, and also have it instantaneously delivered to them with whole hands-off automation. Payhip solves this issue.
Payhip is An that provides users with options and the tools for hosting and promoting electronic products directly to their clients online.
The Provider Was co-founded by Abs Farah and Kahin Farah and is currently based in my capital city of London.
Which are the advantages of using Payhip?
Each online Platform is different, and I have used a few of them previously.
Having A stage that is simple to use and one that doesn’t take a huge amount of my valuable time is of utmost significance.
Payhip will Save a lot of time 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 big plus in my book.
- Affordable. The website takes zero charges asides From 5 percent per trade when you sell a digital item.
- Access to analytics reports.
- Access to advertising tools. You have the option to create Social and Coupons discounts.
- Ability to signup, manage and reward your affiliates.
- Access to product sharing programs . Plus you can embed Your merchandise and purchase Now buttons right on your own site or blog.
- The Capacity to setup mailing lists so that your clients can Subscribe and remain current with your products, and much more.
- Immediate digital merchandise delivery via email link to customers.
What I Like About Payhip
Let’s get to the details. Following my two + year Payhip expertise, Here Is What I really like about the ceremony…
Payments Are Instantaneous
Payhip let us your customers pay with PayPal Or by credit/debit card with Stripe, and they don’t pay out monthly/weekly/quarterly or force you to wait for them to clean some sort of holding period. When a client makes a purchase, the money is immediately available on your account, and in case you have the PayPal and also Stripe programs installed on your mobile device, you are going to receive notifications whenever a sale occurs. Free Books Online
I happen to appreciate this. The excitement of Seeing a sale never gets older. In addition, it is great to awake in the morning, reach for your telephone, and also see you made X amount of dollars while you’re sleeping, and it is all readily available for you to spend. The only caveat to this can be Stripe. If your customers card with Stripe, there’ll be a three day hold until the cash is available. This is all Stripe however — Payhip does not hold your money at all.
No Monthly Fees
One of the things that Payhip initially sold me on is that there’s no Monthly charges or installation charges — just a simple flat charge of 5 percent per purchase .
This was appealing to me in 2016 Because, at the time, my readership was 1/10th of what it is now, and I was not positive that I was going to always sell enough product to justify paying a monthly fee to get a similar service like Gumroad. As a relatively new blogger with a small audience, Payhip was the quickest solution that best match my scenario.
Simple To Know Analytics
Payhip’s back end Provides an analytics page That lets you view transactions and earnings amounts relative to this day, week, month, year, or some other specified selection. Best of all, it’s a simple and to-the-point report.
If you have used Google Analytics or Facebook analytics, the amount of information you’re instantly smacked in the face with can be a bit overwhelming, and lots of it’s mostly useless too. Payhip just gives you what you are 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 may be for almost any percentage you would Like and for any (or all) products. They can run for whatever duration you’d like (or even permanently,) along with the code itself may even be customized to whatever string of text you desire.
I’ve found this to be very useful. Sometimes I’ll conduct a weekend marketing, post it on Facebook boost the post targeting a pixel audience that is re-marketing and I don’t fail to go ROI positive with it. People do respond to limited time offers. Free Books Online
Your Own Affiliate Program
Payhip Provides you the ability to let your Readers register as an affiliate of your store, and you can award them a commission of whatever percentage you’d like someone purchases a product with their custom affiliate link.
This is useful since it allows other people To market your products for you, and should they have a platform and an audience of their own they can tap into, the commissions paid will be worthwhile.
Easy Integration with Email Marketing
If you’re into email marketing, you’ll be Able to easily integrate Payhip along with your email marketing provider that is chosen so that a sale is made, the email address of the purchaser can be added into a chosen listing.
That is relatively small but I think it’s Pretty cool so I want to give it a mention — if you desire, you’ll have Payhip postage the purchaser’s email address to the top left corner of every page of a PDF document they’ve bought.
So if someone plans to buy your PDF Publication make it publicly accessible for free somewhere else, they’ll need to be okay with their private email address being publicly accessible also. I think that is a means of deterring pirating.
Upload Most Sorts of Files
Payhip isn’t Only a market for ebooks — You can upload virtually any kind of file. Font files, video/audio documents, photos, software, etc..
Total Simplicity and Modern Design
One thing that can not be overlooked whenever You’re selling something is how current your website appears. People don’t trust sites which appear obsolete, myself included. If a site looks like it has not been upgraded since the net 2.0 times, then I begin to wonder if perhaps I am in an abandoned construction and placing 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 Website has a easy and very modern design. This is what you would expect a checkout page from a business to look like, In the event that you were to buy a digital merchandise on the internet. Free Books Online
Another thing that I enjoy about Payhip is its own In general simplicity. In the a visitor lands on your product page, Payhip stays out of the way. They display your graphics, sales copy, and only the crucial information (such as price.) They do nothing to interfere with your sale — no.
Finally, what I like about Payhip is That they don’t store customer payment information, meaning that your customers’ payment details are safe. The payment is completely managed through Stripe or PayPal, and I prefer it this way because they’re successful companies with lots of cash to spend on security.
What I Dislike About Payhip
As much as I like Payhip, it’s far from perfect. Here are some items that I dislike about the service and would like to see enhanced…
No Mobile App
1 thing that bugs me around Payhip is that They don’t have a app. It would be convenient to have the ability to open an app while I’m out and around and take a look during my sales data. You may log into the site and do so, but the website isn’t optimized for mobile devices.
I like Payhip, but this is a really Lousy look in 2018. There is no reason you should not have a site optimized for mobile, and when you’ve got that, you ought to be able to easily turn the site itself into it’s own program so users do not need to manually register in every time they would like to check sales data. Users of Payhip encounter a better platform when they’re on their mobile devices.
No Upsells or Add-Ons In Checkout
On the checkout page, I would really like to see an ability to suggest Other products. For example, if they are buying a bundle of logo templates for $5, then I suggest, or might provide a bundle of business card templates for a couple of dollars. This is something which websites like Amazon and VistaPrint do.
I can’t help but feel like there is a Great Deal of money Table — for both myself and Payhip — without this operation. This could enhance the Payhip encounter for both the client and the seller.
Establish On A Fixed Timezone
This one is frivolous, but I Prefer to see it fixed.
Since Payhip is located in London, they have BST was set to by the timezone for the whole site. Since I am located in the EST, I’ll sometimes check my analytics at 7PM or afterwards and see that I left 0 sales for the day since Payhip thinks it is midnight and its own data reveals that.
Again, this is mostly a non-issue, however I Would like to see the capability to correct the site to your timezone. Free Books Online
More Flexibility with Coupon Codes
I know I raved about the coupon It’s not perfect, although code feature earlier.
As it stands, the only promotion You can run through a voucher code. I’d like to be able to offer a dollar amount from the initial cost, or the ability to set a sale price that is predetermined.
Right Now, if I Need to put a product that is $27 Available for $10, I have to break out the calculator and do the math to determine what percentage off will leave the last price. I believe that is unnecessary and could be improved.
When creating A new product in Payhip, you have access to innovative alternatives which include —
- Make your product personal.
- Insert an ISBN (Internation Standard Book Number) for your eBook.
- Publish a preview or sample pages.
- To the number of copies of your product or market can be, add a limitation number sold.
- Create a unique license key for each of your product/eBook sales.
How much does it cost?
Payhip will Cost you nothing or host your electronic products. The site takes only 5% commission per transaction fee.
Can I Recommend Payhip?
This leaves us with the burning question: after two + years as a seller on Payhip, do you recommend it? Overall, yes. I am a customer, but whether you should use it depends on your situation.
If you’re a blogger with a small audience And you can not justify spending $10+ a month for something like Gumroad, then yes, I would recommend Payhip. If 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 each month, you might want to look into something.
As of this date of the writing, Payhip works 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 selling less than $1,000 per month in total volume, the math should (typically ) prefer Payhip. But if you are selling into the thousands, you need to go with Gumroad or start looking into another choice. That is mostly dependent on the number of transactions it requires to achieve those sales numbers so make certain that you crunch the numbers for yourself.
Personally, I absolutely love the Payhip Expertise and am really thankful for their services. I want to see them continue to grow and succeed. Free Books Online