Intro How To Make Money From Payhip
Of all the ways of Creating content that is blog, my method is To create and sell digital products such as studying layout templates and materials. I have found that it is extraordinarily rewarding than running advertisements and self-made products convert at a significantly higher speed compared to an affiliate product that somebody else created. The support I use to facilitate this is Payhip, and in this article I’ll be discussing what I both like and dislike about the ceremony based in my Payhip expertise for a seller for two + years. How To Make Money From Payhip
My Payhip Expertise
If you wanted to sell products Through your own website, you’ll want a way to facilitate trades — some sort of infrastructure which will enable a client to select your goods, pay for it, and have it instantaneously delivered to them with complete hands-off automation. Payhip solves this issue.
Payhip is An e-commerce platform/website that provides customers with the simplest tools and options for hosting and selling digital products straight to their clients 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 using Payhip?
Each online Platform differs, and I’ve used a few of these previously.
For me, having A platform that is simple to use and one that doesn’t require a huge amount of my time is of utmost significance.
Payhip will Save a lot of time because everything is taken care of on the Payhip platform.
The Benefits that I’ve gained the most from utilizing Payhip include –
- EU VAT is cared for, which is a huge plus in my book.
- Affordable. The website takes zero fees asides From 5 percent per transaction when you sell a item.
- Accessibility to analytics accounts.
- Access to advertising tools. You have the option to make Coupons and social discounts.
- Ability to signup, handle and reward your own affiliates.
- Access to product sharing programs . Plus you can embed Your merchandise and Buy Now buttons right on blog or your website.
- The ability to set mailing lists so that your customers can Subscribe and remain up to date with your electronic products, and much more.
- Immediate digital product shipping via email link for customers.
What I Like About Payhip
Let us get to the details. After my 2 year Payhip experience, 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 using Stripe, plus they do not cover monthly/weekly/quarterly or force you to wait for them to clear some kind of holding period. When a client makes a purchase, the money is immediately available on your account, and in case you’ve got the PayPal and also Stripe programs installed on your mobile device, you’ll receive notifications whenever a sale occurs. How To Make Money From Payhip
I happen to appreciate this. The excitement of Seeing a brand new sale never gets old. It’s also great to awake in the morning, reach for your phone, and also see that you made X number of dollars while you’re sleeping, and it is all readily available for you to spend. The caveat to this can be Stripe. If your customers card using Stripe, there’ll be a 3 day hold before the money is available. This is all Stripe however — Payhip does not hold your money at all.
No Monthly Charges
Among those things that Payhip originally sold me is that there’s no Monthly charges or installation charges — just a simple flat charge of 5% per purchase .
This was attractive to me back in 2016 Since, at the moment, my readership was 1/10th of what it is now, and that I was not positive I was going to consistently sell enough product to warrant paying a monthly fee for a similar service such as Gumroad. As a relatively new blogger with a small crowd, Payhip was the quickest solution that best fit my scenario.
Easy To Know Analytics
Payhip’s back end offers an analytics page That enables you to view trades and earnings amounts relative to the day, month, week, year, or any other specified selection. On top of that, it is a report that is to-the-point and very straightforward.
If you’ve ever used Google Analytics or Facebook analytics, the amount of data you’re immediately smacked in the face with can be a bit overwhelming, and lots of it’s largely useless also. Payhip just provides you what you are there to see — revenue data. Nothing more, nothing less.
Run Promotions with Coupon Codes
Another advantage users of Payhip experience is Promotions to run by creating coupon codes.
The codes may be Like and for any (or all) products. They could run for any length you’d like (or even permanently,) and the code itself may even be customized to whatever string of text you desire.
I’ve found this to be useful. Occasionally I will conduct a weekend marketing, place it on Facebook, then raise the article targeting a pixel audience and I never fail to go ROI positive by it. People do respond to limited time offers. How To Make Money From Payhip
Your Own Affiliate Program
Payhip Provides you the ability to let your Readers sign up as an affiliate of your shop, and whenever someone buys a product with their customized affiliate link, you are able to grant them a commission of whatever percent you’d like.
This is useful since it allows other people To sell your products the commissions paid will be well worthwhile, and should they have a platform and an audience of their own they can tap to.
Easy Integration with Email Marketing
You will be, if you’re into email marketing Able to readily incorporate Payhip with your email marketing supplier that is preferred so that a purchase is made, the purchaser’s email address could be added to a list.
This is relatively small but I think it’s Pretty cool so I wish to give it a mention — if you desire, you can have Payhip stamp 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 Book make it accessible for free they’ll have to be okay with their email address being publicly accessible as well. I think that’s a means of deterring pirating.
Upload Most Kinds of Files
Payhip is not just a marketplace for ebooks — It’s possible to upload just about any sort of electronic file. Font documents, video/audio files, photos, software, etc..
Total Simplicity and Modern Design
1 thing that can not be overlooked whenever You are selling something is how present your site appears. Individuals don’t trust myself included. If a site looks like it hasn’t been upgraded since the web 2.0 times, then I begin to wonder if perhaps I’m in an abandoned construction and putting my payment information to it’d pretty much be like throwing my money into a black hole.
That’s not the case with Payhip though. The Website has a simple and very modern layout. In the event that you were to buy a product on the internet, this is exactly what you would expect a checkout page from a company to look like. How To Make Money From Payhip
Another thing that I like about Payhip is its In general simplicity. In the moment a visitor lands on your product page, Payhip remains out of the way. They display your images, sales copy, and only the crucial info (such as price.) They do nothing to interfere with your sale — no.
Finally, what I like about Payhip is That customer payment info isn’t stored by them, meaning that your customers’ payment details are safe. The payment is totally handled through Stripe or PayPal, and I prefer it that way because they are large 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 service and would like to see improved…
No Mobile App
1 thing that bugs me around Payhip is that They don’t have a mobile app. It’d be convenient to be able to open an app while I am out and around, and take a look during my earnings data. The website is optimized for mobile devices, although you may log in to the site and do so.
I enjoy Payhip, but this is a really Bad look in 2018. There is no reason you shouldn’t have a website optimized for cellular, and when you have that, you ought to be able to easily turn the site itself right into it’s own app so users don’t have to manually sign in each time they want to inspect sales data. Users of Payhip encounter a platform when they are on their cellular devices.
No Upsells or Add-Ons In Checkout
On the checkout page, I would like to see an ability to indicate Other products similar to what the client is going to purchase. If they are purchasing a bundle of templates for $5, then I suggest some other similar product which could interest them they previously didn’t know about, or could provide a bundle of business card templates to get a few extra bucks. This is something that sites like VistaPrint and Amazon do.
I can’t help but feel like there is a lot of money Table — for both myself and Payhip — without this operation. This could improve the Payhip experience for both the client and the vendor.
Set On A Fixed Timezone
This one is frivolous, but I Like to see it fixed.
Considering that Payhip is located at London, they have BST was set to by the timezone for the site. Since I am located in the EST, I’ll occasionally check my stats at 7PM or later and see that I made 0 sales for the day since Payhip thinks it is midnight and its information reveals that.
Again, this is a non-issue, however I Would love to see the capability to correct the site. How To Make Money From Payhip
More Flexibility with Coupon Codes
I know I raved about the voucher It’s not quite perfect yet, although code feature earlier.
As it stands, the promotion You’re able to run through a coupon code is for a percent off. Ideally, I’d like to have the ability to supply a dollar amount from the price, or the ability to set a sale price that is specified.
At the moment, if I Need to put a $27 merchandise Available for $10, I must break out the calculator and manually do the math to determine what percent off will render the price. I believe this is unnecessary and could be improved.
When creating A new product in Payhip, you have access to advanced alternatives which include —
- Make your merchandise personal.
- Insert an ISBN (Internation Standard Book Number) to your eBook.
- Publish a few sample or preview pages.
- Insert a limit amount sold.
- Generate a license key that is unique .
Just how much does it cost?
Payhip will Cost you nothing or host your products. The website takes just 5% commission per trade fee.
Would I Recommend Payhip?
This leaves us with the burning question: after 2years as a seller on Payhip, do you recommend it? Overall, yes. I am very much a happy customer, but whether or not you should use it depends upon your situation.
If you’re a new 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. In case you know you’ll be doing at least $ 1,000 in sales every month and market a product that is high-ticket or have a massive audience, you may want to check into something.
As of this date of this writing, Payhip functions On a flat fee of 5% of every sale. Gumroad’s fee is currently 3.5% + $0.30 per transaction + $10 per month.
If you’re going to be selling less than $1,000 per month in total volume, the mathematics should (typically ) prefer Payhip. But if you’re selling well into the thousands, you’ll probably need to go with Gumroad or start looking into another choice. That is dependent on how many transactions it takes to reach those sales numbers so be certain to crunch the numbers for yourself.
Personally, I love the Payhip Expertise and am thankful for their services. I want to see them continue to grow and succeed. How To Make Money From Payhip