Background How Do You Sell An Ebook
Of all the ways of monetizing blog Articles, my favorite Strategy is Such as studying materials and layout templates, to make and sell electronic products. I’ve discovered that it is extraordinarily rewarding than running advertisements and self-made 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 in this article I will be discussing what I both like and dislike about the service based in my Payhip expertise for a vendor for two + years. How Do You Sell An Ebook
My Payhip Expertise
If you’ve ever wanted to sell digital products Through your own site, you’ll want a way to facilitate trades — some sort of infrastructure which will enable a client to select your product, cover it, and also have it instantaneously delivered to them with whole hands-off automation. Payhip solves this issue.
Payhip is An e-commerce platform/website that gives users with solutions and the tools for promoting products to their customers 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 differs, and I have used a couple of them previously.
Having A stage that is easy to use and one that doesn’t take a huge amount of my time is of utmost 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 cared for, and it is a big plus in my book.
- Affordable. The site takes zero fees asides From 5 percent per transaction when you sell a digital product.
- Access to analytics accounts.
- Access to advertising tools. You have the option to make Coupons and social discounts.
- Capability to signup, handle and reward your affiliates.
- Access to product sharing programs . Plus you can embed Purchase and your product Now buttons directly on your site or blog.
- The Capacity to setup mailing lists so that your clients can Subscribe and stay up to date with your products, and more.
- Immediate digital merchandise delivery via email link to customers.
What I Enjoy About Payhip
Let’s get to the information. After my two + year Payhip expertise, here’s what I really like about the service…
Payments Are Instantaneous
Payhip let’s your customers pay with PayPal Or by credit/debit card with Stripe, plus they don’t cover monthly/weekly/quarterly or make you wait around for them to clear some sort of holding period. When a client makes a purchase, the cash 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 whenever a sale happens. How Do You Sell An Ebook
I happen to appreciate this. The excitement of Seeing a sale never gets old. In addition, it is great to awake in the morning, reach to your phone, and also see that you made X number of dollars while you were sleeping, and it’s all easily available for you to spend. The only caveat to this is Stripe. If your customers pays by card using Stripe, there’ll be a 3 day hold until the cash is available. This is Stripe however — Payhip does not hold your cash at all.
No Monthly Fees
One of those things that Payhip initially sold me is that there is no Monthly charges or setup charges — just a simple flat fee of 5% per sale.
This was appealing to me Because, at the time, my readership was 1/10th of what it is now, and I was not positive that I was going to always sell enough product to warrant paying a monthly fee for a similar service like Gumroad. As a relatively new blogger with a little crowd, Payhip was the no-risk solution that best match my scenario.
Simple To Know Analytics
Payhip’s back end Provides an analytics page That enables you to view trades and earnings amounts relative to the day, week, month, year, or some other specified selection. On top of that, it is a report.
If you’ve used Google Analytics or Facebook analytics, the number of data you are immediately smacked in the face with can be a bit overwhelming, and lots of it is largely useless too. Payhip just provides you exactly what you’re there to view — sales data. Nothing more, nothing less.
Run Promotions with Coupon Codes
Another benefit users of Payhip experience is By creating coupon codes promotions to run.
The codes can be for almost any percentage you’d Enjoy and for any (or all) products. They can run for any length you want (or even indefinitely,) along with the code itself can even be customized to whatever series of text you desire.
I have found this to be useful. Occasionally I will conduct a weekend promotion, post it on Facebook boost the post targeting a pixel audience that is re-marketing and I don’t fail to go ROI positive by it. People do respond to limited time offers. How Do You Sell An Ebook
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 them a commission of whatever percent you’d like, whenever someone purchases a product using their custom affiliate link.
This is useful because it allows people To market your merchandise and should they have a platform and an audience of their own that they can tap into, the commissions paid will be well worthwhile.
Easy Integration with Email Marketing
You’ll be, if you’re into email marketing Able to readily integrate Payhip with your email marketing supplier that is chosen so that a sale is made, the email address of the purchaser could be added into a list.
That is relatively minor but I think it’s Pretty cool so I wish to give it a mention — if you so desire, you can have Payhip postage the buyer’s email address into the upper left corner of every page of a PDF document they have purchased.
So if someone plans to Purchase Your PDF Book make it accessible for free somewhere else, they’ll need to be fine with their private email address being available as well. I believe that’s a creative way of deterring pirating.
Upload Most Kinds of Files
Payhip is a marketplace for ebooks — You can upload virtually any kind of electronic file. Font documents, video/audio documents, photographs, software, etc..
Overall Simplicity and Modern Design
1 thing that can’t be overlooked whenever You’re selling something is the way current your site appears. People do not trust myself included. If a site looks like it has not been updated because the net 2.0 days, I start to wonder if maybe I’m in an abandoned construction and putting my payment information into it would pretty much be just like throwing my money into a black hole.
That is not true with Payhip though. The Site has a simple and very modern design. This is what you’d expect a checkout page from a trustworthy business to look like, In the event that you were to purchase a product on the world wide web. How Do You Sell An Ebook
Another thing that I enjoy about Payhip is its In general simplicity. From the second a visitor lands on your product page, Payhip stays out of the way. They display your graphics, sales copy, and just the crucial information (such as price.) They do nothing to interfere with your purchase — no.
Finally, what I like about Payhip is That they don’t store customer payment information, meaning your clients’ payment details are safe. The payment is handled through PayPal or Stripe, and I prefer it that way because they are successful companies with lots of money to invest on 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 around Payhip is that They do not possess a program. It’d be convenient to be able to start an app while I am out and about, and have a look through my data. You do this and can log in to the site, but the website isn’t even optimized for mobile devices.
I enjoy Payhip, but this is a really Bad look in 2018. There is no reason you shouldn’t have a website optimized for mobile, and when you have that, you should be able to easily turn the website itself right into it’s own app so users don’t have to manually register in each time they would like to inspect sales information. Users of Payhip encounter a platform when they’re on their devices.
No Upsells or Add-Ons At Checkout
On the checkout page, I would really like to see an ability to suggest Other products similar to what the customer is going to buy. If they are purchasing a package of logo templates for $5, then I could offer a bundle of business card templates to get a couple of dollars, or propose. This is something that websites like Amazon and VistaPrint do.
I can not help but feel like there’s a lot of money Table — for both myself and Payhip — without this functionality. This may improve the Payhip experience for both the seller and the client.
Establish On A Fixed Timezone
This one is largely frivolous, but I Prefer to see it corrected.
Considering that Payhip is located at London, they’ve BST was set to by The functioning timezone for the entire site. Since I am found in the EST, I will occasionally check my stats at 7PM or afterwards and see that I left 0 sales for the day since Payhip believes it’s midnight and its own data reveals that.
This is mostly a non-issue, however I Would love to observe the capability to correct the site. How Do You Sell An Ebook
More Flexibility with Coupon Codes
I know I raved about the coupon It’s not perfect just yet, although code feature earlier.
As it stands, the only advertising You’re able to run through a voucher code is to get a percent off. Ideally, I’d love to be able to supply a dollar amount off the initial cost, or the ability to set a specified sale price.
Right Now, if I Need to put a $27 product Available for $10, manually do the math to determine what percent off would leave the last cost and I have to break out the calculator. I believe that is unnecessary and may be made better.
When creating A new product in Payhip, you have access to advanced options which include —
- Make your product personal.
- Add an ISBN (Internation Standard Book Number) for your eBook.
- Publish sample pages or a few preview.
- To the number of copies of market or your product can be, add a limit amount sold.
- Create a license key .
Just how much does this cost?
Payhip will Cost you nothing or even host your digital products. The website takes just 5 percent commission per transaction fee.
Can I Recommend Payhip?
This leaves us with the burning question: after two years as a seller on Payhip, would you recommend it? Total, yes. I am very much a happy client, but whether you ought to use it depends on your situation.
If you are a blogger with a small audience And you can not justify spending $10+ a month to get something such as Gumroad, then yes, I would recommend Payhip. If you market a merchandise that is high-ticket or have a huge audience and know you’ll do at least $ 1,000 in sales every month, you might want to check into something most cost effective.
As of the date of the writing, Payhip works On a flat 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 promoting less than $1,000 per month in total volume, the math should (typically ) favor Payhip. But if you are selling into the thousands, you’ll probably need to decide on Gumroad or start looking into some alternative. That is dependent on how many transactions it takes to achieve those sales numbers so make sure that you crunch the numbers.
Personally, I absolutely love the Payhip Expertise and am thankful for their solutions. I want to see them continue to grow and succeed. How Do You Sell An Ebook