Introduction Ghost Reader App
Of all the ways of monetizing blog content, my favorite Strategy is Such as learning materials and layout templates to make and sell products. I have found that it’s extraordinarily more rewarding than running advertisements and products convert at a higher speed compared to an affiliate product that someone else created. The support I use to ease this can be Payhip, and this post I’ll be discussing what I like and dislike about the ceremony based in my Payhip experience as a vendor for 2+ years. Ghost Reader App
My Payhip Experience
If you have ever wanted to sell products Through your own site, you are going to want a means to facilitate trades — some sort of infrastructure that will allow a customer to select your goods, cover it, and have it immediately delivered to them with whole hands-off automation. Payhip solves this problem.
Payhip is An e-commerce platform/website that gives customers with the tools and options for hosting and selling digital products 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.
What are the benefits of utilizing Payhip?
Each online Platform differs, and I’ve used a couple of these previously.
For me, having A stage that is really easy to use and one that does not require a massive amount of my time that is precious is of paramount importance.
Payhip will Save a great deal of time because everything is taken care of on the Payhip platform.
The Advantages that I’ve gained the most from using Payhip include –
- 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 trade when you sell a digital item.
- Access to analytics accounts.
- Access to advertising tools. You have the option to create Coupons and societal discounts.
- Capability to signup, handle and reward your own affiliates.
- Access to merchandise sharing programs . Plus it is possible to embed Buy and your merchandise Now buttons on your site or blog.
- The ability to set mailing lists so that your clients can Subscribe and remain up to date with your digital goods, and more.
- Immediate digital merchandise shipping via email link to customers.
What I Enjoy About Payhip
Let us get to the details. Following my 2+ year Payhip experience, Here Is What I love about the ceremony…
Payments Are Instantaneous
Payhip let’s your customers pay with PayPal Or by credit/debit card using Stripe, plus they don’t cover monthly/weekly/quarterly or force you to wait for them to clear some kind of holding period. When a customer makes a purchase, the money is immediately available in your accounts, and in case you’ve got the PayPal and also Stripe apps installed on your mobile device, you’ll receive notifications each time a sale happens. Ghost Reader App
I happen to love this. The excitement of Seeing a sale that is brand new never gets older. It’s also good to wake up in the morning, reach to your phone, and also see you made X number of dollars while you were sleeping, and it is all readily available for you to spend. The only caveat to this can be Stripe. If your customers pays by card with Stripe, there’ll be a three day hold until the cash is available. This is all Stripe though — Payhip doesn’t hold your cash in any way.
No Monthly Fees
One of those things that Payhip originally sold me on is that there’s no Monthly charges or setup charges — only a simple flat fee of 5 percent per purchase .
This was appealing to me in 2016 Because, at the moment, my readership was 1/10th of what it is now, and I was not positive that I was likely to always sell enough product to warrant paying a monthly fee to get a similar service such as Gumroad. As a relatively new blogger having a little crowd, Payhip was the quickest solution that best fit my situation.
Easy To Know Analytics
Payhip’s back end offers an analytics page That enables you to view transactions and earnings amounts relative to the day, month, week, year, or any other given selection. On top of that, it is a report that is straightforward and to-the-point.
If you used Google Analytics or Facebook analytics, the number of data you’re instantly smacked in the face can be somewhat overwhelming, and lots of it is largely useless too. Payhip just provides you what you’re there to view — revenue information. Nothing more, nothing less.
Run Promotions with Coupon Codes
Another benefit users of Payhip experience is By producing coupon codes promotions to conduct.
The codes can be Enjoy and for any (or all) products. They can run for any duration you’d like (or even indefinitely,) along with the code itself can even be customized to whatever string of text you desire.
I have found this to be very useful. Sometimes I’ll run a weekend promotion, place it on Facebook boost the article targeting a pixel re-marketing audience and I don’t fail to go ROI positive with it. People truly do respond well to limited time offers. Ghost Reader App
Your Own Affiliate Program
Payhip Provides you the ability to let your Readers register as an affiliate of your shop, and whenever someone purchases a product you are able to grant them a commission of whatever percentage you’d like.
This is useful since it allows people To market your products for you, the commissions paid will be well worthwhile, and should they have a stage and an audience of their own they can tap to.
Easy Integration with Email Marketing
If you’re into email marketing, you’ll be Able to integrate Payhip along with your email advertising supplier so that a purchase is made, the purchaser’s email address could be added into a chosen listing.
This is relatively small but I think it’s Pretty cool so I wish to give it a mention — 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 bought.
So if someone plans to Purchase Your PDF Publication then make it available for free somewhere else, they will have to be okay with their email address being accessible. I believe that’s a creative means of deterring pirating.
Upload Most Kinds of Files
Payhip is a marketplace for ebooks — It’s possible to upload just about any kind of file. Font documents, video/audio documents, photographs, software, etc..
Overall Simplicity and Modern Design
1 thing that can not be overlooked whenever You are selling something is how current your site appears. Individuals don’t trust sites that look obsolete, myself included. If a site looks like it has not been upgraded because the web 2.0 times, then I begin to wonder if perhaps I am in an abandoned building and putting my payment info 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 very modern and easy layout. In the event that you were to buy a product this is what you would expect a checkout page by a company. Ghost Reader App
Another thing I enjoy about Payhip is its own In general simplicity. From the a visitor lands on your product page, Payhip stays out of the way. They display your images, sales copy, and just the crucial information (like price.) They do nothing to interfere with your purchase — no.
Finally, what I enjoy about Payhip is That they do not store customer payment info, meaning your clients’ payment details are safe. The payment is handled through PayPal or Stripe, and I prefer it this way as they are big, successful companies with lots of money to spend on top-shelf security.
What I Dislike About Payhip
As much as I like Payhip, it is far from perfect. Here are some things that I dislike about the ceremony and would like to see improved…
No Mobile App
1 thing that bugs me about Payhip is that They do not have a mobile app. It’d be convenient to be able to open an app while I’m out and about, and have a look during my data. The site is optimized for mobile devices, although you can log into the site and do so.
I enjoy Payhip, but that is a really Bad look in 2018. There’s no reason you shouldn’t have a website optimized for cellular, and once you have that, you should be able to easily turn the website itself right into it’s own app so users don’t need to manually register in every time they want to inspect sales data. Let users of Payhip experience a much better platform when they are on their cellular devices.
No Upsells or Add-Ons At Checkout
On the checkout page, I’d really like to see an Extra capability to indicate Other products. If they are purchasing a bundle of templates for $5, I suggest, or could offer a bundle of business card templates to get a few added bucks. This is something which sites like Amazon and VistaPrint do quite well.
I can not help but feel as though there is a Great Deal of money Table — for both myself and Payhip — without this operation. This may enhance the Payhip experience for both the vendor and the customer.
Establish On A Fixed Timezone
This one is frivolous, but I Like to see it fixed.
Since Payhip is located in London, they’ve The timezone for the website place to BST. Since I’m found in the EST, I will sometimes check my stats at 7PM or later and see that I left 0 earnings for the day because Payhip believes it’s midnight and its data reflects that.
This is largely a non-issue, but I Would love to observe the ability to correct the site. Ghost Reader App
More Flexibility with Coupon Codes
I know I raved about the coupon Code feature earlier, but it’s not quite perfect.
As it now stands, the only promotion You’re able to run through a voucher code is for a percent off. Ideally, I’d love to have the ability to offer a dollar amount to set a specified sale price.
Right Now, if I Need to place a product Available for $10, I must break out the calculator and manually do the math to figure out what percent off would render the price. I believe that is unnecessary and may be improved.
When creating A brand new product in Payhip, you have access to advanced alternatives which include —
- Make your merchandise private.
- Insert an ISBN (Internation Standard Book Number) to your eBook.
- Upload sample pages or a preview.
- Insert a limit amount to how many copies of eBook or your product can be sold.
- Generate a license key for each of your product/eBook sales.
Just how much does this cost?
Payhip will Cost you or host your products. The site takes just 5% commission per trade fee.
Can I Recommend Payhip?
This leaves us with the burning question: after 2+ years as a seller on Payhip, would you recommend it? Overall, yes. I am a satisfied 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 not justify spending $10+ a month for something like Gumroad, then yes, I would recommend Payhip. In case you market a product that is high-ticket or have a massive audience and know you’ll do at least $ 1,000 in sales each month, you may want to look into something.
As of the date of this writing, Payhip works 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 are going to be promoting less than $1,000 a month in total quantity, the mathematics should (typically ) favor Payhip. But if you are selling well into the thousands, you are probably going to need to decide on Gumroad or start looking into some other alternative. This is all largely dependent on the number of transactions it requires to reach those sales numbers though, so make certain that you crunch the numbers on your own.
Personally, I love the Payhip Expertise and am grateful for their solutions. I would like to see them continue to grow and succeed. Ghost Reader App