Background How Does A Digital Download Work
Of all the ways of Creating blog content, my favorite method is Such as learning design templates and materials to make and sell products. I have discovered that it’s extraordinarily rewarding than running ads and self-made products convert at a greater speed than an affiliate product that someone else created. The service I use to ease this is Payhip, and this post I will be discussing what I like and dislike about the ceremony based in my Payhip expertise for a vendor for two + years. How Does A Digital Download Work
My Payhip Expertise
If you wanted to sell digital products Through your own website, you’ll need a way to facilitate trades — some sort of infrastructure which will enable a customer to select your goods, cover it, and also have it instantaneously delivered to them with complete hands-off automation. Payhip solves this problem.
What is Payhip?
Payhip is An that provides users with options and the tools for selling digital products directly to their customers and hosting online.
The Provider Was co-founded by Abs Farah and Kahin Farah and is currently based in my capital city of London.
Which are the benefits of utilizing Payhip?
Each online Platform is different, and I have used a couple of these previously.
Having A platform that is easy to use and one that doesn’t require a huge amount of my precious time is of paramount importance.
Payhip will Save you a great deal of time also 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 can be a big plus in my book.
- Affordable. The website takes zero charges asides From 5 percent per transaction when you sell a digital product.
- Access to analytics reports.
- Access to advertising tools. You have the option to make Social and Coupons discounts.
- Capability to signup, handle and reward your affiliates.
- Access to merchandise sharing tools. Plus you can embed Buy and your merchandise Now buttons directly on your website 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 product delivery via email link to buyers.
What I Like About Payhip
Let’s get to the information. After my 2+ year Payhip expertise, here’s what I love about the service…
Upgrades Are Instantaneous
Payhip let’s your customers pay with PayPal Or by credit/debit card with Stripe, and they don’t cover monthly/weekly/quarterly or make you 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 have the PayPal and Stripe apps installed on your mobile device, you are going to get notifications whenever a sale happens. How Does A Digital Download Work
I happen to love this. The excitement of Seeing a sale never gets older. It’s also great to awake in the morning, reach for your telephone, and also see that you made X amount of dollars while you’re sleeping, and it’s all readily available for you to spend. The caveat to this can be Stripe. If your clients pays by card with Stripe, there’ll be a 3 day hold before the money is available. This is all Stripe however — Payhip doesn’t hold your cash in any way.
No Monthly Fees
Among those things that Payhip initially sold me is that there is no Monthly charges or setup charges — only a simple flat charge of 5 percent per sale.
This was attractive to me Because, at the time, my readership was less than 1/10th of what it is now, and I was not positive I was going to consistently sell enough product to warrant paying a monthly fee to get a similar service such as Gumroad. As a relatively new blogger having a small audience, Payhip was the quickest solution that best fit my situation.
Easy 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 given selection. Best of all, it is a report that is to-the-point and very simple.
If you have ever used Google Analytics or Facebook analytics, the amount of information you’re instantly smacked in the face with can be somewhat overwhelming, and lots of it is largely useless also. Payhip just provides you what you are there to see — 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 can be for almost any percentage you would Enjoy and for any (or all) products. They could run for any length you want (or even indefinitely,) and the code itself may even be customized to whatever string of text you desire.
I’ve found this to be somewhat helpful. Sometimes I’ll run a weekend promotion, place it on Facebook boost the post targeting a pixel re-marketing audience and I don’t fail to go ROI positive by it. People really do respond to limited time offers. How Does A Digital Download Work
Your Own Affiliate Program
Payhip gives you the ability Readers sign up as an affiliate of your store, and you can grant, whenever someone purchases a product using their customized affiliate link.
This is useful because it allows other people To market your products for you, and if they have a platform and an audience of their own they can tap into, the commissions paid will be worth it.
Easy Integration with Email Marketing
You will be, if you are into email marketing Able to integrate Payhip with your email advertising supplier so that a purchase is made, the email address of the purchaser can be added to a selected listing.
That is minor but I think it’s Pretty cool so I wish 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 have bought.
So if someone plans to Purchase Your PDF Publication make it accessible for free they’ll need to be fine with their email address being accessible as well. I believe that is a creative way of deterring pirating.
Upload Most Kinds of Files
Payhip is not just a market for ebooks — It’s possible to upload any kind of file. Font documents, video/audio documents, photos, software, etc..
Overall Simplicity and Modern Design
1 thing that can’t be overlooked whenever You are selling something is the way present your site appears. People generally don’t trust myself included. If a website looks like it has not been upgraded since the web 2.0 times, then I start to wonder if perhaps I am in an abandoned construction and putting my payment info to it’d pretty much be like throwing my money into a black hole.
That is not the case with Payhip though. The Site has a layout. This is exactly what you’d expect a checkout page by a trusted business to look like, In the event that you should buy a product on the world wide web. How Does A Digital Download Work
Another thing that I enjoy about Payhip is its Overall simplicity. In 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 (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 your clients’ payment details are safe. The payment is completely handled through PayPal or Stripe, and I prefer it that way as they’re big, successful companies with lots of cash to invest on top-shelf security.
What I Dislike About Payhip
As much as I like 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 possess a mobile program. It’d be convenient to be able to open an app while I’m out and around, and have a look. The website isn’t even optimized for mobile devices, although you can log into the website and do so.
I like Payhip, but that is a very Lousy appearance in 2018. There is no reason you should not have a website optimized for cellular, and once you have that, you should be able to easily turn the site itself into it’s own app so users do not need to manually sign in each time they want to inspect sales information. Let users of Payhip encounter a 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’re purchasing a package of templates for $5, I suggest, or might provide a bundle of business card templates for a couple of bucks. This is something which websites like Amazon and VistaPrint do.
I can’t help but feel as though there is a Great Deal of money being left on the Table — for both myself and Payhip — without this operation. This could enhance the Payhip experience for both the client and the seller.
Establish On A Fixed Timezone
This one is mostly frivolous, but I had still Like to see it fixed.
Since Payhip is located at London, they have BST was place to by The functioning timezone for the website. Since I’m located in the EST, I’ll occasionally check my analytics at 7PM or later and see that I left 0 earnings for the day because Payhip believes it is midnight and its own information reveals that.
Again, this is largely a non-issue, but I Would love to see that the capability to adjust the site. How Does A Digital Download Work
More Flexibility with Coupon Codes
I know I raved about the voucher Code feature but it is not quite perfect.
As it stands, the promotion You can run through a coupon code is to get a percent off. Ideally, I’d love to have the ability to supply a dollar amount to set a sale price that is specified.
At the moment, if I want to place a $27 product Available for $10, I must break out the calculator and do the math to figure out what percent off will leave the price. I think this is unnecessary and could be made better.
When creating A brand new product in Payhip, you also have access to advanced options including —
- Make your product private.
- Add an ISBN (Internation Standard Book Number) to your eBook.
- Upload a sample or preview pages.
- Insert a limitation number sold.
- Generate a license key that is exceptional for all your product/eBook sales.
How much does it cost?
Payhip will Cost you nothing to establish or host your digital products. The website takes only 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, do you recommend it? Total, yes. I am very much a client, but whether or not you should use it depends on your situation.
If you are a new blogger with a small audience And you can not justify spending $10+ per month to get something such as Gumroad, then yes, I would absolutely recommend Payhip. But in case you have a huge audience or sell a high-ticket merchandise and know that you’ll do at least $1,000 in sales each month, you might want to check into something most cost effective.
As of this date of this writing, Payhip functions 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 are going to be promoting $1,000 a month in total volume, the mathematics should (in most cases) prefer Payhip. But if you are selling into the thousands, you are probably going to want to decide on Gumroad or look into another choice. This is mostly dependent on the number of transactions it takes to reach those sales numbers though, so be sure to crunch the numbers for yourself.
Personally, I absolutely love the Payhip Expertise and am really thankful for their solutions. I want to see them continue to grow and succeed. How Does A Digital Download Work