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Of All of the ways of Creating content, my favorite Strategy is Like learning materials and layout templates, to make and sell electronic products. I have discovered that it’s extraordinarily more profitable than running advertisements from networks like AdSense, and products convert at a higher rate than an affiliate product that someone else created. The service I use to ease this is Payhip, and this article I’ll be sharing what I like and dislike about the service based in my Payhip experience for a vendor for 2+ years. Goods Photos Download
My Payhip Expertise
If you wanted to market products Through your own site, you’ll need a means to facilitate trades — some kind of infrastructure which will enable a client to select your product, cover it, and have it immediately delivered to them with complete hands-off automation. Payhip solves this issue.
What is Payhip?
Payhip is An e-commerce platform/website that provides users with options and the easiest tools for promoting products to their customers and hosting online.
The company Was co-founded by Abs Farah and Kahin Farah and is now 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 previously.
Having A platform that is easy to use and one that doesn’t take a massive amount of my time is of paramount importance.
Payhip will Save you a lot of time too because everything is cared for on the Payhip platform.
The Benefits that I’ve gained the most from using Payhip comprise –
- EU VAT is taken care of, and it is a big plus in my book.
- Affordable. The site takes zero fees asides From 5 percent per trade when you sell a digital item.
- Access to analytics reports.
- Access to marketing tools. You have the option to make Societal and Coupons discounts.
- Ability to signup, manage and reward your affiliates.
- Access to merchandise sharing tools. Plus you can embed Your merchandise and purchase Now buttons on your own site or blog.
- The Capacity to set mailing lists so that your clients can Subscribe and remain current with your products, and much more.
- Instant digital merchandise shipping via email link for customers.
What I Like About Payhip
Let us get to the information. After my two + year Payhip expertise, here’s what I really like about the service…
Upgrades Are Instantaneous
Payhip let’s your customers pay with PayPal Or from credit/debit card using Stripe, and they do not pay out monthly/weekly/quarterly or force you to wait around for them to clear some sort of holding period. When a customer makes a purchase, the money is immediately available on your accounts, and if you have the PayPal and also Stripe apps installed on your mobile device, you’ll receive notifications each time a sale happens. Goods Photos Download
I happen to appreciate this. The excitement of Seeing a sale never gets old. In addition, it is great to wake up in the morning, reach for 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 caveat to this is Stripe. If your customers pays by card with Stripe, there’ll be a 3 day hold before the money is available. This is Stripe however — Payhip does not hold your money in any way.
No Monthly Charges
Among those things that Payhip initially sold me on is that there’s no Monthly fees or installation charges — only a simple flat fee of 5% per sale.
This was appealing 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 I was likely to always sell enough product to justify paying a monthly fee for a similar service like Gumroad. As a relatively new blogger with a little audience, Payhip was the no-risk solution that best fit my situation.
Simple To Know Analytics
Payhip’s back end offers an page That enables you to view trades and earnings quantities relative to this day, week, month, year, or any other specified range. Best of all, it is a to-the-point and simple report.
If you have used Google Analytics or Facebook analytics, the amount of information you are immediately smacked in the face with can be somewhat overwhelming, and lots of it is largely useless too. Payhip just gives you what you’re there to see — revenue information. Nothing more, nothing less.
Run Promotions with Coupon Codes
Another advantage users of Payhip experience is By creating coupon codes, promotions to run.
The codes may be for almost any percentage you would Enjoy and for any (or all) products. They can run for any length you want (or even indefinitely,) and the code itself may even be customized to whatever series of text you would like.
I’ve found this to be useful. Occasionally I will conduct a weekend marketing, post it on Facebook, then raise the post targeting a pixel audience and I never fail to go ROI positive by it. People really do respond to limited time offers. Goods Photos Download
Your Own Affiliate Program
Payhip gives you the capability to let your Readers sign up as an affiliate of your store, and you can award whenever someone buys a product using their custom affiliate link.
This is useful since it allows other Men and Women To sell your merchandise the commissions paid will be worthwhile, and if they have a stage and an audience of their own they can tap into.
Easy Integration with Email Marketing
If you are into advertising, you’ll be Able to easily incorporate Payhip along with your email advertising provider so that whenever a purchase is made, the buyer’s email address could be added to a list.
That is relatively minor but I think it’s Pretty cool so I want to give it a mention — if you so desire, you can have Payhip stamp the buyer’s email address into the upper left corner of each page of a PDF document they have purchased.
So if someone plans to Purchase Your PDF Book make it publicly accessible for free somewhere else, they will need to be fine with their private email address being available. I believe that is a creative way of deterring pirating.
Upload Many Kinds of Files
Payhip is a market for ebooks — You can upload any sort of file. Font files, video/audio documents, photographs, software, etc..
Overall Simplicity and Modern Design
1 thing that can’t be overlooked whenever You are selling something is your site looks. People generally do not trust myself included. If a website looks like it hasn’t been updated since the web 2.0 times, then I begin to wonder if perhaps I am in an abandoned building and putting my payment info to it’d pretty much be just like throwing my money into a black hole.
That is not the case with Payhip though. The Website has a simple and very contemporary layout. This is exactly what you would expect a checkout page from a company, if you should purchase a digital merchandise on the internet. Goods Photos Download
Another thing I enjoy about Payhip is its own In general simplicity. In the very moment a visitor lands on your product page, Payhip stays out of the way. They display your graphics, sales copy, and only the crucial info (such as price.) They do nothing to interfere with your sale — no.
Eventually, what I like about Payhip is That customer payment info isn’t stored by them, meaning your customers’ payment details are safe. The payment is completely managed through Stripe or PayPal, and I prefer it this way as they are large, successful companies with a lot of money.
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 around Payhip is that They do not have a program. It’d be convenient to have the ability to start an app while I am out and around and have a look. You can log in to the website and do this, but the site isn’t even optimized for mobile devices.
I like Payhip, but that is a very 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 into it’s own app so users don’t have to manually sign in every time they would like to check sales information. Users of Payhip encounter a better platform when they’re on their cellular devices.
No Upsells or Add-Ons At Checkout
On the checkout page, I’d like to see an capability to indicate Other products similar to what the customer is about to buy. If they’re purchasing a package of logo templates for $5, I could offer a package of business card templates for a couple of dollars, or suggest some other product that may interest them that they didn’t know about. This is something that sites like VistaPrint and Amazon do.
I can not help but feel as though there is a lot of money being left on the Table — for myself and Payhip — with no operation. This may improve the Payhip encounter for both the client and the vendor.
Establish On A Fixed Timezone
This one is frivolous, but I Like to see it corrected.
Considering that Payhip is located at London, they’ve The timezone for the site set to BST. Since I am located in the EST, I will sometimes check my stats at 7PM or later and see that I made 0 earnings for the day since Payhip thinks it is midnight and its data reveals that.
Again, this is largely a non-issue, but I Would like to see the capability to adjust the site to your timezone. Goods Photos Download
More Flexibility with Coupon Codes
I know I raved about the voucher It’s not quite perfect just yet, although code feature earlier.
As it stands, the promotion You’re able to run via a coupon code is to get a percent off. I’d love to have the ability to supply a dollar amount from the cost, or the ability to set a sale price that is predetermined.
Right Now, if I want to put a product On sale for $10, I have to 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 improved.
When creating A brand new product in Payhip, you also have access to advanced alternatives which include —
- Make your merchandise personal.
- Add an ISBN (Internation Standard Book Number) for your eBook.
- Upload sample pages or a preview.
- To the number of copies of your product or eBook could be Insert a limit number sold.
- Generate a license key that is unique .
How much does it cost?
Payhip will Cost you nothing to establish or even host your digital products. The website takes only 5% commission per trade fee.
Can I Recommend Payhip?
This leaves us with the burning question: after two + years as a vendor on Payhip, do you recommend it? Total, yes. I am a satisfied client, but whether you should use it depends on your situation.
If you are a blogger with a small audience And you can’t justify spending $10+ per month for something such as Gumroad, then yes, I would recommend Payhip. If you have a huge audience or sell a product and know that you’ll be doing at least $1,000 in sales every month, you may want to look into something.
As of the date of the writing, Payhip works On a set fee of 5% of each sale. Gumroad’s fee is now 3.5% + $0.30 per transaction + $10 per month.
If you’re going to be selling $1,000 per month in total quantity, the mathematics should (typically ) favor Payhip. But if you’re selling into the thousands, you need to decide on Gumroad or look into some alternative. That is all largely dependent on the number of transactions it takes to reach those sales numbers so make certain to crunch the numbers.
Personally, I love the Payhip Experience and am very grateful for their services. I would like to see them continue to grow and succeed. Goods Photos Download