Introduction Google Play Books
Of all the ways of Creating content, my favorite method is To make and sell products like studying materials and design templates. I have discovered that it’s extraordinarily more profitable than running advertisements from networks like AdSense, and products convert at a much greater rate compared to an affiliate product that someone else created. The service I use to facilitate this is Payhip, and in this post I will be sharing what I like and dislike about the service based in my Payhip expertise for a vendor for 2+ years. Google Play Books
My Payhip Expertise
If you wanted to market digital products Through your own site, you are going to need a way to facilitate transactions — some sort of infrastructure that will allow a customer to select your product, cover it, and 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 tools and solutions for selling electronic products directly to their clients and hosting online.
The company Was co-founded by Abs Farah and Kahin Farah and is now based in my capital city of London.
Which are the advantages of using Payhip?
Each online Platform is different, and I’ve used a couple of these previously.
Having A platform that is so easy to use and one that does not take a massive amount of my precious time is of paramount significance.
Payhip will Save you a lot of time because everything is cared for on the Payhip platform.
The Advantages that I’ve gained the most from utilizing Payhip include –
- EU VAT is taken care of, which can be a huge plus in my book.
- Affordable. The website takes zero fees asides From 5 percent per transaction when you sell a product that is digital.
- Access to analytics reports.
- Access to advertising tools. You have the option to create Societal and Coupons discounts.
- Ability to signup, handle and reward your own affiliates.
- Access to merchandise sharing programs . Plus you can embed Your product and purchase Now buttons on blog or your own site.
- The Capacity to set mailing lists so that your clients can Subscribe and stay up to date with your electronic products, and much more.
- Instant digital merchandise shipping via email link to buyers.
What I Like About Payhip
Let us get to the information. After my 2 year Payhip experience, Here Is What I love about the service…
Payments Are Instantaneous
Payhip let us your customers pay with PayPal Or by credit/debit card with Stripe, plus they do not pay out monthly/weekly/quarterly or make you wait around for them to clear some kind of holding period. When a client makes a purchase, the money is instantly available on your accounts, and if you’ve got the PayPal and also Stripe programs installed on your mobile device, you are going to get notifications each time a sale happens. Google Play Books
I happen to love this. The excitement of Seeing a sale that is brand new never gets older. In addition, it is good to wake up in the morning, reach for your telephone, and see you made X amount of dollars while you’re sleeping, and it is all easily available for you to spend. The caveat to this can be Stripe. If your clients pays by card with Stripe, there will be a 3 day hold until the money is available. This is Stripe however — Payhip does not hold your money at all.
No Monthly Charges
One of those things that Payhip initially sold me on is that there’s no Monthly charges or installation charges — only a simple flat charge of 5 percent per purchase .
This was attractive to me in 2016 Because, at the time, my readership was less than 1/10th of what it’s now, and I wasn’t positive I was going to consistently sell enough product to warrant paying a monthly fee to get a similar service like Gumroad. As a relatively new blogger with a little audience, Payhip was the no-risk solution that best match my scenario.
Simple To Understand Analytics
Payhip’s back end Provides an analytics page That enables you to see trades and earnings quantities relative to this day, month, week, year, or any other specified selection. On top of that, it’s a report that is straightforward and to-the-point.
If you used Google Analytics or Facebook analytics, the number of data you are instantly smacked in the face with can be somewhat overwhelming, and a lot of it’s mostly useless too. Payhip just provides you what you are there to view — sales information. Nothing more, nothing less.
Run Promotions with Coupon Codes
Another benefit users of Payhip experience is By producing coupon codes, promotions to run.
The codes may be Like and for any (or all) products. They could run for whatever length you’d like (or even permanently,) and the code itself can even be customized to whatever string of text you desire.
I have found this to be very helpful. Occasionally I will run a weekend marketing, post it on Facebook boost the article targeting a pixel re-marketing audience and I don’t fail to go ROI positive with it. People really do respond well to limited time offers. Google Play Books
Your Own Affiliate Program
Payhip gives you the capability Readers sign up as an affiliate of your store, and you can award them a commission of whatever percent you’d like someone purchases a product with their customized affiliate link.
This is useful because it allows Men and Women To market your merchandise the commissions paid will be worthwhile, and should they have a stage and an audience of their own that they can tap into.
Easy Integration with Email Marketing
You will be if you are into email advertising Able to readily integrate Payhip with your chosen email advertising supplier so that a purchase is made, the email address of the purchaser could be added into a listing.
That is relatively small but I think it’s Pretty cool so I want to give it a reference — if you desire, you’ll have Payhip stamp the purchaser’s email address into the top left corner of every page of a PDF document they’ve purchased.
So if someone intends to Purchase Your PDF Publication make it accessible for free somewhere else, they’ll have to be okay with their personal email address being publicly accessible as well. I believe that is a very creative means of deterring pirating.
Upload Most Sorts of Files
Payhip is not just a market for ebooks — It’s possible to upload just about any sort of file. Font files, video/audio documents, photos, software, etc..
Overall Simplicity and Modern Design
1 thing that can’t be overlooked whenever You are selling something is your website looks. People don’t trust websites that appear outdated, myself included. If a site looks like it hasn’t been upgraded because the web 2.0 times, then I begin to wonder if perhaps I am in an abandoned construction and placing my payment info to it’d pretty much be like throwing my money into a black hole.
That’s not the case with Payhip though. The Site has a layout that is very modern and simple. This is exactly what you would expect a checkout page from a company to look like, In the event that you were to purchase a digital product on the internet. Google Play Books
Another thing I like 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 info (such as price.) They do nothing to interfere with your purchase — no self-promotion whatsoever.
Eventually, what I really like about Payhip is That customer payment info isn’t stored by them, meaning that your customers’ payment details are safe. The payment is completely handled through PayPal or Stripe, and I prefer it this way as they are large, successful companies with lots of money to invest 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 service and would like to see improved…
No Mobile App
One thing that bugs me about Payhip is that They do not possess a program. It’d be convenient to be able to open an app and have a look through my earnings data while I am out and about. The website is optimized for mobile devices, although you can log in to the site and do so.
I enjoy Payhip, but this is a really Bad appearance in 2018. There’s no reason you should not have a site optimized for mobile, and when you have that, you ought to be able to easily turn the site itself right into it’s own program so users do not have to manually sign in each time they want to inspect sales data. Users of Payhip encounter a platform when they’re on their devices.
No Upsells or Add-Ons At Checkout
On the checkout page, I’d really like to see an capability to indicate Other products similar to what the customer is going to purchase. If they’re buying a bundle of logo templates for $5, then I suggest some other similar product that could interest them that they previously didn’t know about, or might offer a bundle of business card templates for a couple of extra bucks. This is something which websites like VistaPrint and Amazon do.
I can’t help but feel as though there is a Great Deal of money Table — for both myself and Payhip — without this functionality. This may improve the Payhip encounter for both the vendor and the customer.
Establish On A Fixed Timezone
This one is frivolous, but I had still Prefer to see it corrected.
Considering that Payhip is located in London, they have The working timezone for the whole site set to BST. Since I am located in the EST, I’ll sometimes check my analytics at 7PM or later and see that I made 0 earnings for the day because Payhip thinks it’s midnight and its data reveals that.
This is a non-issue, but I Would like to see the ability to correct the website. Google Play Books
More Flexibility with Coupon Codes
I know I raved about the coupon It is not quite perfect yet, although code feature earlier.
As it stands, the promotion You’re able to run through a coupon code is to get a percent off. I’d love to have the ability to supply a dollar amount to set a predetermined sale price.
At the moment, if I want to place a merchandise that is $27 Available for $10, manually do the math to determine what percentage off will leave the final cost and I have to break out the calculator. I think this is unnecessary and may be improved.
When creating A new product in Payhip, you also have access to innovative alternatives which include —
- Make your merchandise private.
- Add an ISBN (Internation Standard Book Number) to your eBook.
- Upload sample pages or a preview.
- To how many copies of your product or market can be Insert a limit number sold.
- Generate a license key that is exceptional .
How much does this cost?
Payhip will Cost you nothing or host your 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? Total, yes. I am a client, but whether or not you ought to use it depends upon your own situation.
If you are a blogger with a small audience And you can not justify spending $10+ per month for something like Gumroad, then yes, I would absolutely recommend Payhip. However, in case you know you’ll do at least $ 1,000 in sales every month and market a product that is high-ticket or have a huge audience, you might want to check into something most cost-efficient.
As of the date of this writing, Payhip functions On a flat fee of 5% of each sale. Gumroad’s fee is currently 3.5% + $0.30 per transaction + $10 a month.
If you’re going to be promoting $1,000 a month in total quantity, the math should (in most cases) favor Payhip. But if you’re selling into the thousands, you’ll probably need to go with Gumroad or look into some choice. This is mostly dependent on the number of transactions it requires to achieve those sales numbers so make certain to crunch the numbers on your own.
Personally, I absolutely love the Payhip Experience and am really grateful for their services. I want to see them continue to grow and succeed. Google Play Books