Introduction How Sell Digital Products
Of All of the ways of monetizing content that is blog, my Strategy is Such as studying layout templates and materials, to make and sell electronic products. I have discovered that it’s extraordinarily rewarding than running ads from networks such as AdSense, and products convert at a greater speed than an affiliate product that someone else created. The service I use to facilitate this is Payhip, and in this article I will be discussing what I both like and dislike about the ceremony based in my Payhip expertise for a seller for two + years. How Sell Digital Products
My Payhip Expertise
If you wanted to market products Through your own website, you are going to want a means to facilitate trades — some kind of infrastructure that will allow a client to select your product, pay for it, and have it immediately delivered to them with whole hands-off automation. Payhip solves this problem.
What is Payhip?
Payhip is An e-commerce platform/website that provides customers with the tools and options for hosting and promoting products to their customers 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 advantages of using Payhip?
Each online Platform differs, and I have used a few of these in the past.
Having A stage that is really easy to use and one that does not require a massive amount of my precious time is of paramount importance.
Payhip will Save a great deal of time because everything is taken care of on the Payhip platform.
The Benefits that I’ve gained the most from using Payhip include –
- EU VAT is taken care of, which is a huge plus in my book.
- Affordable. The website takes zero charges asides From 5% per transaction when you sell a product that is digital.
- Accessibility to analytics accounts.
- Access to marketing tools. You have the option to make Societal and coupons discounts.
- Capability to signup, handle and reward your own affiliates.
- Access to product sharing programs . Plus it is possible to embed Buy and your merchandise Now buttons right on your website or blog.
- The ability to set mailing lists so that your clients can Subscribe and stay up to date with your products, and much more.
- Instant digital merchandise shipping via email link for customers.
What I Enjoy About Payhip
Let’s get to the information. Following my 2+ year Payhip expertise, Here Is What I really like about the ceremony…
Upgrades Are Instantaneous
Payhip let us your customers pay with PayPal Or by credit/debit card with Stripe, plus they don’t pay out monthly/weekly/quarterly or force you to wait for them to clear some kind of holding period. When a client makes a purchase, the cash is instantly available in your accounts, and in case you’ve got the PayPal and also Stripe apps installed on your mobile device, you are going to get notifications whenever a sale occurs. How Sell Digital Products
I happen to love this. The excitement of Seeing a sale never gets old. In addition, it is great to awake in the morning, reach to your telephone, and also see that you made X amount of dollars while you were sleeping, and it’s 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 three day hold until the cash is available. That is Stripe though — Payhip does not hold your cash in any way.
No Monthly Fees
Among the things that Payhip originally sold me on is that there is no Monthly fees or installation charges — just a simple flat charge of 5% per sale.
This was attractive to me back Since, at the time, my readership was less than 1/10th of what it is now, and that I wasn’t positive that I was going to consistently sell enough product to justify paying a monthly fee for a similar service like Gumroad. As a relatively new blogger having a small audience, Payhip was the quickest 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 amounts relative to the day, month, week, year, or any other specified range. On top of that, it’s a report.
If you have ever used Google Analytics or Facebook analytics, the number of information you are instantly smacked in the face can be somewhat overwhelming, and lots of it’s mostly useless also. Payhip just gives you exactly what you are there to view — revenue information. Nothing more, nothing less.
Run Promotions with Coupon Codes
Another benefit users of Payhip encounter is The ability to run promotions.
The codes can be Enjoy and for any (or all) products. They can run for any length you want (or even permanently,) along with the code itself may even be customized to whatever string of text you desire.
I’ve found this to be somewhat helpful. Occasionally I’ll run a weekend marketing, place it on Facebook, then boost the article targeting a pixel audience and I never fail to go ROI positive by it. People do respond to limited time offers. How Sell Digital Products
Your Own Affiliate Program
Payhip Provides you the capability to let your Readers sign up as an affiliate of your store, and you can grant them a commission of whatever percent you’d like someone buys a product with their custom affiliate link.
This is useful because it allows people To sell your merchandise for you, the commissions paid will be well worthwhile and should they have a platform and an audience of their own that they can tap to.
Easy Integration with Email Marketing
You’ll be, if you are into marketing Able to readily integrate Payhip with your email advertising provider so that whenever a purchase is made, the email address of the purchaser can be added into a chosen listing.
This is minor but I think it’s Pretty cool so I want to give it a reference — if you desire, you’ll have Payhip postage the purchaser’s email address to the upper left corner of each page of a PDF document they have bought.
So if someone intends to Purchase Your PDF Publication make it accessible for free they’ll have to be okay with their personal email address being accessible. I think that’s a really creative means of deterring pirating.
Upload Most Kinds of Files
Payhip is a marketplace for ebooks — You can upload any kind of electronic file. Font documents, video/audio files, photos, software, etc..
Overall Simplicity and Modern Design
One thing that can not be overlooked whenever You are selling something is your website looks. People generally don’t trust sites that look outdated, myself included. If a website looks like it has not been updated because the web 2.0 times, then I begin 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’s not the case with Payhip though. The Website has a layout. This is exactly what you’d expect a checkout page by a trustworthy business to look like, if you were to buy a product on the world wide web. How Sell Digital Products
Another thing I enjoy about Payhip is its own In general simplicity. In the moment a visitor lands on your product page, Payhip remains out of the way. They display your graphics, sales copy, and just the critical info (such as price.) They do nothing to interfere with your purchase — no.
Eventually, what I actually like about Payhip is That customer payment info isn’t stored by them, meaning your customers’ payment details are secure. The payment is handled through PayPal or Stripe, and I prefer it that way as they are big companies with a lot of cash to spend on top-shelf security.
What I Dislike About Payhip
As much as I enjoy Payhip, it is far from perfect. Here are some things that I dislike about the service and would like to see enhanced…
No Mobile App
1 thing that bugs me about Payhip is that They do not possess a app. It would be convenient to be able to open an app while I’m out and about, and have a look through my data. You may log in to the site and do so, but the site is optimized for mobile devices.
I like Payhip, but that is a really Lousy look in 2018. There is no reason you shouldn’t have a site optimized for cellular, and once you’ve got that, you ought to be able to easily turn the site itself right into it’s own program so users do not need to manually sign in each time they would like to check sales data. Let users of Payhip encounter a platform when they are on their devices.
No Upsells or Add-Ons In Checkout
On the checkout page, I’d really like to see an capability that is Extra to indicate Other products similar to what the client is going to purchase. If they’re buying a package of templates for $5, then I could provide a bundle of business card templates to get a few bucks, or suggest. This is something which sites like VistaPrint and Amazon do well.
I can’t help but feel like there is a lot of money Table — for myself and Payhip — without this functionality. This could improve the Payhip experience for both the client and the seller.
Set On A Fixed Timezone
This one is frivolous, but I Prefer to see it corrected.
Considering that Payhip is located at London, they’ve The working timezone for the website set to BST. Since I’m located in the EST, I’ll sometimes check my analytics at 7PM or afterwards and see that I left 0 sales for the day since Payhip thinks it is midnight and its information reflects that.
Again, this is a non-issue, however I Would love to observe the capability to adjust the website. How Sell Digital Products
More Flexibility with Coupon Codes
I know I raved about the coupon Code feature but it is not quite perfect.
As it stands, the only advertising You’re able to run via a coupon code is for a percentage off. I’d love to be able to supply a dollar amount to set a sale price that is predetermined.
Right Now, if I Need to put a merchandise that is $27 Available for $10, do the math to figure out what percent off would render the price at $10 and I have to break out the calculator. I think this is unnecessary and could be improved.
When creating A brand new product in Payhip, you have access to innovative alternatives which include —
- Make your product personal.
- Add an ISBN (Internation Standard Book Number) for your eBook.
- Publish sample pages or a couple of preview.
- Add a limitation amount to the number of copies of market or your product can be sold.
- Generate a license key that is unique for all your product/eBook revenue.
Just how much does it cost?
Payhip will Cost you nothing to set up or host your digital products. The website takes only 5 percent commission per trade 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 very much a happy client, but whether or not you should use it depends on your own situation.
If you are a blogger with a small audience And you can’t justify spending $10+ a month to get something such as Gumroad, then yes, I would recommend Payhip. But in case you know that you’ll do at least $ 1,000 in sales each month and sell a merchandise that is high-ticket or have a massive audience, you might want to check into something.
As of the date of this writing, Payhip functions On a set fee of 5 percent of every sale. Gumroad’s fee is now 3.5% + $0.30 per transaction + $10 per month.
If you’re going to be promoting $1,000 per month in total volume, the math should (typically ) prefer Payhip. But if you are selling into the thousands, you’ll probably want to go with Gumroad or start looking into another alternative. This is mostly dependent on the number of transactions it requires to achieve those sales numbers, however, so be sure that you crunch the numbers for yourself.
Personally, I absolutely love the Payhip Experience and am thankful for their solutions. I want to see them continue to grow and succeed. How Sell Digital Products