Introduction Ge Sell Digital Business
Of All of the ways of monetizing blog Articles, my favorite method is Like studying design templates and materials to create and sell products. I have discovered that it’s extraordinarily rewarding than running ads from networks like AdSense, and products convert at a greater rate compared to an affiliate product that someone else created. The support I use to facilitate this is Payhip, and this post I will be sharing what I both like and dislike about the ceremony based on my Payhip experience for a seller for two + years. Ge Sell Digital Business
My Payhip Expertise
If you wanted to market digital products Through your own site, you’ll want a means to facilitate transactions — some sort of infrastructure which will enable a client to select your product, pay for it, and also have it immediately delivered to them with complete hands-off automation. Payhip solves this problem.
What is Payhip?
Payhip is An e-commerce platform/website that gives customers with the easiest tools and solutions for promoting products 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 benefits of utilizing Payhip?
Each online Platform is different, and I have used a few of them previously.
Having A platform that is so easy to use and one that doesn’t take a massive amount of my time that is valuable is of paramount importance.
Payhip will Save you a lot 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 can be a big plus in my book.
- Affordable. The website takes zero fees asides From 5% per transaction when you sell a item.
- Accessibility to analytics reports.
- Access to marketing tools. You have the option to create Social and Coupons discounts.
- Ability to signup, handle and reward your affiliates.
- Access to merchandise sharing programs . Plus it is possible to embed Purchase and your product Now buttons right on your own site or blog.
- The ability to setup mailing lists so that your customers can Subscribe and remain current with your electronic products, and more.
- Immediate digital merchandise delivery via email link for customers.
What I Enjoy About Payhip
Let us get to the details. Following my two + year Payhip experience, here’s what I love about the service…
Upgrades Are Instantaneous
Payhip let us your customers pay with PayPal Or by credit/debit card using Stripe, plus they don’t pay out monthly/weekly/quarterly or force you to wait for them to clean some kind of holding period. When a customer makes a purchase, the cash is instantly available on your accounts, and in case you have the PayPal and Stripe apps installed on your mobile device, you’ll receive notifications whenever a sale happens. Ge Sell Digital Business
I happen to appreciate this. The excitement of Seeing a sale that is new never gets older. It’s also great to awake in the morning, reach for your phone, and see that you made X number of dollars while you’re sleeping, and it is all readily available for you to spend. The caveat to this can be Stripe. If your customers card using Stripe, there’ll be a three day hold until the money is available. That is Stripe though — Payhip does not hold your money at all.
No Monthly Fees
Among those things that Payhip initially sold me on is that there is no Monthly fees or installation charges — just a simple flat charge of 5 percent per sale.
This was appealing to me back Since, at the time, my readership was 1/10th of what it’s now, and I wasn’t positive that I was likely to consistently sell enough product to justify paying a monthly fee for a similar service such as Gumroad. As a relatively new blogger having a small crowd, Payhip was the no-risk solution that best fit my situation.
Easy To Understand Analytics
Payhip’s back end offers an page That lets you see transactions and earnings quantities relative to the day, month, week, year, or some other specified range. Best of all, it’s a to-the-point and straightforward report.
If you used Google Analytics or Facebook analytics, the number of information you are immediately smacked in the face can be a bit overwhelming, and lots of it’s largely useless too. Payhip just gives you exactly what you are there to view — revenue information. Nothing more, nothing less.
Run Promotions with Coupon Codes
Another advantage users of Payhip encounter is Promotions to conduct by producing coupon codes.
The codes may be Like and for any (or all) products. They could run for whatever duration you’d like (or even indefinitely,) and the code itself may even be customized to whatever string of text you desire.
I have found this to be very helpful. Occasionally I’ll run a weekend promotion, post it on Facebook boost the post targeting a pixel audience and I never fail to go ROI positive by it. People truly do respond to limited time offers. Ge Sell Digital Business
Your Own Affiliate Program
Payhip Provides you the capability Readers sign up as an affiliate of your shop, and if someone purchases a product with their custom affiliate link, you are able to grant them a commission of whatever percentage you’d like.
This is useful because it allows other people To sell your products the commissions paid will be worthwhile, and if 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 incorporate Payhip along with your email marketing supplier that is preferred so that if a sale is made, the email address of the purchaser could be added into a list that is chosen.
This is minor but I think it’s Pretty cool so I want to give it a reference — if you desire, you can have Payhip postage the buyer’s email address into the upper left corner of every page of a PDF document they’ve purchased.
So if someone plans to Purchase Your PDF Publication make it accessible for free somewhere else, they’ll have to be okay with their personal email address being available. I think that’s a creative means of deterring pirating.
Upload Many Kinds of Files
Payhip isn’t just a marketplace for ebooks — It’s possible to upload virtually any sort of file. Font documents, video/audio files, photos, software, etc..
Overall Simplicity and Modern Design
1 thing that can’t be overlooked whenever You are selling something is your website looks. Individuals do not trust myself included. If a website looks like it has not been updated because the web 2.0 days, I begin to wonder if perhaps I’m in an abandoned building 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 Site has a easy and very modern design. This is what you would anticipate a checkout page by a company, if you were to buy a digital merchandise on the internet. Ge Sell Digital Business
Another thing that I enjoy about Payhip is its Overall simplicity. In the a visitor lands on your product page, Payhip remains out of the way. They display your images, sales copy, and just the crucial info (such as price.) They do nothing to interfere with your purchase — no self-promotion whatsoever.
Eventually, what I really enjoy about Payhip is That customer payment info isn’t stored by them, meaning that your customers’ payment details are safe. The payment is managed through PayPal or Stripe, and I prefer it that way as they’re successful companies with a lot of cash to invest 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 enhanced…
No Mobile App
One thing that bugs me about Payhip is that They do not have a mobile app. It would be convenient to be able to open an app while I’m out and about, and take a look during my data. You do so and can log in to the site, but the site isn’t even optimized for mobile devices.
I enjoy Payhip, but this is a very Bad appearance in 2018. There is no reason you should not have a website optimized for cellular, and when you’ve got that, you should be able to easily turn the website itself into it’s own app so users don’t need to manually register in every time they would like to check sales data. Users of Payhip experience a much better platform when they are on their cellular devices.
No Upsells or Add-Ons In Checkout
On the checkout page, I’d like to see an capability that is added to indicate Other products. If they’re purchasing a package of templates for $5, I might offer a package of business card templates or propose some other similar product which may interest them that they didn’t know about. This is something that sites like VistaPrint and Amazon do.
I can’t help but feel like there’s a Great Deal of money being left on the Table — for myself and Payhip — without this functionality. This could improve the Payhip encounter for both the seller and the customer.
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 site place to BST. Since I’m found in the EST, I will sometimes check my stats at 7PM or afterwards and see that I left 0 earnings for the day since Payhip believes it is midnight and its data reflects that.
Again, this is a non-issue, however I Would love to see that the ability to adjust the website to your own timezone. Ge Sell Digital Business
More Flexibility with Coupon Codes
I know I raved about the coupon It is not perfect, although code feature earlier.
As it now stands, the advertising You’re able to run through a voucher code. I’d like to have the ability to supply a dollar amount to set a predetermined sale price.
At the moment, if I Need to put a product Available for $10, I must break out the calculator and manually do the math to determine what percentage off will render the price. I think that is unnecessary and may be made better.
When creating A new product in Payhip, you also have access to innovative alternatives including —
- Make your product private.
- Add an ISBN (Internation Standard Book Number) for your eBook.
- Upload a sample or preview pages.
- To how many copies of market or your product could be Insert a limitation number sold.
- Generate a license key that is exceptional .
Just how much does this cost?
Payhip will Cost you to establish or even host your products. The website takes only 5% commission per transaction fee.
Would I Recommend Payhip?
This leaves us with the burning question: after two years as a seller on Payhip, do you recommend it? Total, yes. I am a customer, 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 have a massive audience or sell a high-ticket merchandise and know that you’ll be doing at least $1,000 in sales each month, you may want to look into something most cost effective.
As of the date of this writing, Payhip works On a set fee of 5 percent of every sale. Gumroad’s fee is now 3.5% + $0.30 per transaction + $10 per month.
If you are going to be promoting less than $1,000 a month in total quantity, the math should (in most cases) prefer Payhip. But if you’re selling well into the thousands, you’ll probably need to decide on Gumroad or look into another alternative. That is dependent on how many transactions it requires to achieve those sales numbers though, so make sure that you crunch the numbers.
Personally, I absolutely love the Payhip Experience and am really grateful for their services. I would like to see them continue to grow and succeed. Ge Sell Digital Business