Introduction How To Make A Digital Download
Of all the ways of monetizing content that is blog, my Strategy is Like learning materials and design templates to create and sell electronic products. I’ve found that it’s extraordinarily more profitable than running ads and self explanatory products convert at a significantly greater rate compared to an affiliate product that somebody else created. The support I use to facilitate this is Payhip, and in this post I’ll be sharing what I both like and dislike about the service based on my Payhip experience for a seller for two + years. How To Make A Digital Download
My Payhip Expertise
If you have ever wanted to market digital products Through your own site, you are going to want a way to facilitate transactions — some kind of infrastructure that will allow a customer to select your product, cover it, and also have it immediately delivered to them with complete hands-off automation. Payhip solves this issue.
What is Payhip?
Payhip is An that gives customers with the simplest tools and solutions for selling products to their customers and hosting online.
The company Was co-founded by Abs Farah and Kahin Farah and is currently based in my capital city of London.
What are the benefits of using Payhip?
Each online Platform differs, and I’ve used a couple of them in the past.
For me personally, having A platform that is simple to use and one that does not take a huge amount of my precious time is of utmost importance.
Payhip will Save a great deal of time too because everything is cared for on the Payhip platform.
The Benefits that I’ve gained the most from using Payhip include –
- EU VAT is cared for, which is a big plus in my book.
- Affordable. The site takes zero charges asides From 5 percent per trade when you sell a product that is digital.
- Access to analytics reports.
- Access to advertising tools. You have the option to make Social and coupons discounts.
- Capability to signup, manage and reward your affiliates.
- Access to merchandise sharing tools. Plus you can embed Buy and your product Now buttons right on blog or your own site.
- The Capacity to setup mailing lists so that your clients can Subscribe and stay current with your goods, and more.
- Immediate digital product delivery via email link to customers.
What I Like About Payhip
Let’s get to the details. After my two + year Payhip expertise, Here Is What I really like about the ceremony…
Payments Are Instantaneous
Payhip let’s your customers pay with PayPal Or from credit/debit card with Stripe, plus they do not cover monthly/weekly/quarterly or make you wait for them to clean some sort of holding period. When a client makes a purchase, the cash is immediately available in your accounts, and if you have the PayPal and Stripe apps installed on your mobile device, you are going to receive notifications each time a sale occurs. How To Make A Digital Download
I happen to appreciate this. The excitement of Seeing a new sale never gets old. In addition, it is great to wake up in the morning, reach to your telephone, and also see you made X number of dollars while you’re sleeping, and it’s all readily available for you to spend. The caveat to this is Stripe. If your customers card with Stripe, there will be a 3 day hold until the money is available. This is Stripe however — Payhip does not hold your cash at all.
No Monthly Charges
Among the things that Payhip originally sold me on is that there is no Monthly charges or setup charges — just a simple flat charge of 5% per purchase .
This was attractive to me in 2016 Since, at the moment, my readership was 1/10th of what it is now, and that I was not positive I was likely to always sell enough product to justify paying a monthly fee to get a similar service such as Gumroad. As a relatively new blogger having a little crowd, Payhip was the no-risk solution that best match my situation.
Simple To Understand Analytics
Payhip’s back end Provides an page That enables you to view trades and earnings amounts relative to this day, week, month, year, or some other given selection. Best of all, it’s a report that is really straightforward and to-the-point.
If you used Google Analytics or Facebook analytics, the amount of data you are immediately smacked in the face can be a bit overwhelming, and a lot of it is mostly useless also. Payhip just provides you exactly what you are there to see — sales information. Nothing more, nothing less.
Run Promotions with Coupon Codes
Another benefit users of Payhip experience is Promotions to run by creating coupon codes.
The codes may be Like and for any (or all) products. They can run for whatever length you want (or even indefinitely,) along with the code itself can even be customized to whatever string of text you desire.
I’ve found this to be helpful. Occasionally I will conduct a weekend marketing, post it on Facebook boost the post targeting a pixel re-marketing audience and I don’t fail to go ROI positive with it. People truly do respond to limited time offers. How To Make A Digital Download
Your Own Affiliate Program
Payhip Provides you the capability to let your Readers register as an affiliate of your store, and you can grant them a commission of whatever percentage you would like someone buys a product with their custom affiliate link.
This is useful because it allows people To sell your products for you, the commissions paid will be worth it, and should they have a stage and an audience of their own they can tap to.
Easy Integration with Email Marketing
If you’re into email advertising, you’ll be Able to incorporate Payhip along with your email marketing supplier that is chosen so that a sale is made, the email address of the purchaser can be added to a list that is selected.
That is minor but I think it’s Pretty cool so I want to give it a reference — if you so desire, you can have Payhip stamp the buyer’s email address to the top left corner of each page of a PDF document they have bought.
So if someone intends to buy your PDF Publication make it accessible for free they will need to be fine with their email address being publicly available also. I believe that is a means of deterring pirating.
Upload Most Sorts of Files
Payhip is a marketplace for ebooks — You can upload just about any sort of electronic file. Font documents, video/audio documents, photographs, software, etc..
Total Simplicity and Modern Design
One thing that can not be overlooked whenever You’re selling something is your site looks. Individuals generally do not trust websites which appear outdated, myself included. If a site looks like it has not been upgraded because the net 2.0 times, then I start to wonder if perhaps I’m in an abandoned construction and putting my payment info into it would pretty much be just like throwing my money into a black hole.
That is not true with Payhip though. The Website has a layout. This is exactly what you would expect a checkout page by a company to look like, if you should purchase a merchandise on the internet. How To Make A Digital Download
Another thing I enjoy about Payhip is its Overall simplicity. In the very second a visitor lands on your product page, Payhip stays out of the way. They display your graphics, sales copy, and only the critical info (like price.) They do nothing to interfere with your purchase — no.
Eventually, what I really like about Payhip is That customer payment information isn’t stored by them, meaning that your clients’ payment details are safe. The payment is completely managed through PayPal or Stripe, and I prefer it this way as they are large companies with lots of money.
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
1 thing that bugs me around Payhip is that They don’t possess a mobile app. It’d be convenient to have the ability to start an app while I am out and around, and have a look during my sales data. The website is optimized for mobile devices, although you may log in to the website and do this.
I enjoy Payhip, but this is a really Bad look in 2018. There is no reason you shouldn’t have a site optimized for mobile, and once you have that, you ought to be able to easily turn the site itself right into it’s own program so users don’t have to manually register in every time they would like to check sales data. Permit users of Payhip encounter a much better platform when they are on their mobile devices.
No Upsells or Add-Ons In Checkout
On the checkout page, I’d really like to see an ability to suggest Other products. For instance, if they are purchasing a bundle of logo templates for $5, then I might offer a package of business card templates or suggest some other similar product that could interest them that they previously didn’t know about. This is something that sites like Amazon and VistaPrint do.
I can’t help but feel as though there’s a lot of money being left on the Table — for myself and Payhip — without this functionality. This could enhance the Payhip experience for both the customer and the vendor.
Establish On A Fixed Timezone
This one is frivolous, but I Like to see it fixed.
Considering that Payhip is located at London, they’ve BST was set to by The functioning timezone for the entire site. Since I am located in the EST, I will sometimes check my analytics at 7PM or later and see that I left 0 sales for the day because Payhip believes it is midnight and its data reflects that.
Again, this is largely a non-issue, however I Would like to see the capability to correct the site. How To Make A Digital Download
More Flexibility with Coupon Codes
I know I raved about the voucher It is not perfect yet, although Code attribute earlier.
As it now stands, the sole advertising You can run through a coupon code. I’d love to have the ability to supply a dollar amount off the original price, or the capability to set a sale price that is predetermined.
Right Now, if I want to place a product that is $27 Available for $10, I must break out the calculator and do the math to figure out what percentage off would render the price at $10. I think that is unnecessary and may be improved.
When creating A new product in Payhip, you also have access to advanced options which include —
- Make your product personal.
- Add an ISBN (Internation Standard Book Number) for your eBook.
- Upload sample pages or a preview.
- To the number of copies of market or your product could be, add a limit number sold.
- Create a exceptional license key for each of your product/eBook sales.
How much does this cost?
Payhip will Cost you or host your 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 a customer, but whether you ought to use it depends on your own situation.
If you’re 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 recommend Payhip. But if you have a huge audience or sell a merchandise and know you’ll be doing at least $1,000 in sales every month, you may want to look into something most cost-efficient.
As of this date of this writing, Payhip works On a flat fee of 5 percent of every sale. Gumroad’s fee is currently 3.5% + $0.30 per transaction + $10 a month.
If you are going to be selling less than $1,000 a month in total volume, the mathematics should (in most cases) favor Payhip. But if you are selling into the thousands, you need to decide on Gumroad or start looking into some choice. This is dependent on the number of transactions it takes to achieve those sales numbers though, so be sure to crunch the numbers.
Personally, I love the Payhip Expertise and am really grateful for their services. I would like to see them continue to grow and succeed. How To Make A Digital Download