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Of All of the ways of monetizing Articles that is blog, my Strategy is To create and sell products like studying layout templates and materials. I’ve discovered that it’s extraordinarily more rewarding than running advertisements from networks like AdSense, and products convert at a much greater speed than an affiliate product that somebody else created. The support I use to facilitate this is Payhip, and in this article I will be discussing what I like and dislike about the ceremony based on my Payhip experience as a seller for two + years. Free Reading Apps
My Payhip Experience
If you wanted to market products Through your own website, you’ll need a means to facilitate trades — some kind of infrastructure that will allow a client to select your product, pay for it, and also have it immediately delivered to them with whole hands-off automation. Payhip solves this issue.
What is Payhip?
Payhip is An e-commerce platform/website that gives customers with the easiest tools and solutions for promoting electronic products to their clients and hosting online.
The Provider Was co-founded by Abs Farah and Kahin Farah and is currently based in my capital city of London.
What are the advantages of using Payhip?
Each online Platform is different, and I’ve used a few of these in the past.
For me personally, having A platform that is so simple to use and one that doesn’t require a huge amount of my precious time is of paramount significance.
Payhip will Save a lot of time because everything is cared for on the Payhip platform.
The Advantages that I’ve gained the most from using Payhip include –
- EU VAT is cared for, which is a big plus in my book.
- Affordable. The website takes zero fees asides From 5% per transaction when you sell a product.
- Accessibility to analytics accounts.
- Access to advertising tools. You have the option to make Coupons and societal discounts.
- Capability to signup, manage and reward your affiliates.
- Access to merchandise sharing programs . Plus you can embed Buy and your merchandise Now buttons right on blog or your own site.
- The ability to set mailing lists so that your customers can Subscribe and remain current with your products, and more.
- Immediate digital merchandise delivery via email link to customers.
What I Like About Payhip
Let us get to the details. After my 2+ year Payhip experience, here’s what I love about the service…
Payments Are Instantaneous
Payhip let’s your customers pay with PayPal Or from credit/debit card with 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 client makes a purchase, the cash is immediately available in your accounts, and if you have the PayPal and Stripe programs installed on your mobile device, you are going to receive notifications each time a sale occurs. Free Reading Apps
I happen to love this. The excitement of Seeing a sale never gets older. In addition, it is good to awake in the morning, reach for your telephone, and also 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 with Stripe, there will be a 3 day hold until the cash is available. This is Stripe though — Payhip doesn’t hold your cash in any way.
No Monthly Fees
Among those things that Payhip originally sold me is that there is no Monthly charges or installation charges — only a simple flat fee of 5 percent per sale.
This was attractive to me in 2016 Since, at the moment, my readership was less than 1/10th of what it’s now, and that I wasn’t positive that I was likely to consistently sell enough product to warrant paying a monthly fee to get a similar service like Gumroad. As a relatively new blogger having a small audience, Payhip was the no-risk solution that best match my situation.
Easy To Understand Analytics
Payhip’s back end Provides an analytics page That enables you to see transactions and earnings quantities relative to the day, month, week, year, or any other given range. On top of that, it’s a report that is straightforward and to-the-point.
If you used Google Analytics or Facebook analytics, the amount of data you’re immediately smacked in the face can be somewhat overwhelming, and lots of it is largely useless too. Payhip just provides you exactly what you are there to see — sales data. Nothing more, nothing less.
Run Promotions with Coupon Codes
Another benefit users of Payhip experience is Promotions to conduct by creating coupon codes.
The codes can be for any percentage you would Enjoy and for any (or all) products. They can run for any duration you’d like (or even permanently,) and the code itself can even be customized to whatever string of text you would like.
I have found this to be very useful. Occasionally I will run a weekend marketing, post it on Facebook, then boost the post targeting a pixel re-marketing audience and I never fail to go ROI positive with it. People do respond well to limited time offers. Free Reading Apps
Your Own Affiliate Program
Payhip Provides you the ability Readers register as an affiliate of your shop, and someone buys a product with their customized affiliate link, you are able to award them a commission of whatever percentage you’d like.
This is useful because it allows Men and Women To market your products the commissions paid will be well worth it, and should they have a platform and an audience of their own that they can tap to.
Easy Integration with Email Marketing
If you’re into email marketing, you will be Able to easily incorporate Payhip along with your preferred email advertising supplier so that a sale is made, the email address of the purchaser can be added into a listing that is chosen.
That 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 into the top left corner of every page of a PDF document they have purchased.
So if someone plans to Purchase Your PDF Book then make it publicly available for free they’ll need to be okay with their private email address being publicly available also. I think that’s a means of deterring pirating.
Upload Many Sorts of Files
Payhip is a market for ebooks — You can upload virtually any kind of digital file. Font documents, video/audio files, photographs, software, etc..
Total Simplicity and Modern Design
One thing that can’t be overlooked whenever You are selling something is how current your site looks. Individuals do not trust myself included. If a site looks like it hasn’t been upgraded because the web 2.0 days, I start to wonder if maybe I am in an abandoned construction and placing my payment information into 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 layout that is easy and very modern. This is exactly what you would expect a checkout page by a trusted business to appear like, In the event that you should purchase a product on the world wide web. Free Reading Apps
Another thing that I enjoy about Payhip is its In general simplicity. In the a visitor lands on your product page, Payhip remains out of the way. They display your graphics, sales copy, and only the crucial info (like price.) They do nothing to interfere with your purchase — no.
Eventually, what I like about Payhip is That customer payment info isn’t stored by them, meaning that your customers’ payment details are secure. The payment is completely handled through Stripe or PayPal, and I prefer it this way because they are large, successful companies with lots of money to invest on top-shelf security.
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 service and would like to see enhanced…
No Mobile App
1 thing that bugs me about Payhip is that They don’t have a mobile app. It would be convenient to be able to start an app while I am out and around, and take a look during my data. You can log in to the site and do this, but the website is optimized for mobile devices.
I enjoy Payhip, but that is a really Bad look in 2018. There’s no reason you shouldn’t have a site optimized for cellular, and when you have that, you ought to be able to easily turn the site itself into it’s own program so users don’t need to manually sign in every time they would like to inspect sales data. Let users of Payhip experience a platform when they are on their cellular devices.
No Upsells or Add-Ons At Checkout
On the checkout page, I would like to see an added ability to suggest Other products similar to what the customer is going to buy. If they are buying a bundle of templates for $5, I propose, or could offer a package of business card templates for a few dollars. This is something that websites like Amazon and VistaPrint do well.
I can’t help but feel like there is a lot of money Table — for both myself and Payhip — with no functionality. This could enhance the Payhip experience for both the seller and the client.
Establish On A Fixed Timezone
This one is frivolous, but I Like to see it fixed.
Considering that Payhip is located at London, they have BST was place to by The functioning timezone for the entire website. Since I am located in the EST, I’ll occasionally check my analytics at 7PM or later and see that I made 0 sales for the day since Payhip believes it’s midnight and its own information reflects that.
Again, this is largely a non-issue, but I Would like to see the capability to correct the website to your timezone. Free Reading Apps
More Flexibility with Coupon Codes
I know I raved about the voucher Code feature earlier, but it is not perfect.
As it now stands, the only advertising You’re able to run through a voucher code is to get a percentage off. I’d love to have the ability to offer a dollar amount to set a specified sale price.
At the moment, if I Need to put a product Available for $10, do the math to figure out what percent off will leave the price at $10 and I have to break out the calculator. I believe this is unnecessary and may be improved.
When creating A brand new product in Payhip, you have access to advanced alternatives including —
- Make your merchandise private.
- Insert an ISBN (Internation Standard Book Number) to your eBook.
- Publish a sample or preview pages.
- To how many copies of market or your product could be add a limit number sold.
- Create a license key for each of your product/eBook sales.
How much does it cost?
Payhip will Cost you to establish or even 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 vendor on Payhip, would you recommend it? Overall, yes. I am very much a client, 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 to get something like Gumroad, then yes, I would recommend Payhip. If you know that you’ll do at least $ 1,000 in sales every month and sell a merchandise or have a massive audience, you may want to check into something most cost effective.
As of the 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 per month.
If you’re going to be selling less than $1,000 a month in total volume, the math should (in most cases) favor Payhip. But if you are selling into the thousands, you want to decide on Gumroad or start looking into some other alternative. That is mostly dependent on the number of transactions it takes to achieve those sales numbers though, so be certain to crunch the numbers.
Personally, I absolutely love the Payhip Experience and am thankful for their services. I would like to see them continue to grow and succeed. Free Reading Apps