Background How To Sell A Product Online For Free
Of All of the ways of Creating content, my favorite method is Like learning materials and layout templates, to create and sell products. I’ve found that it’s extraordinarily more rewarding than running advertisements and self explanatory products convert at a higher rate compared to an affiliate product that somebody else created. The service 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 as a seller for 2+ years. How To Sell A Product Online For Free
My Payhip Experience
If you have ever wanted to sell products Through your own site, you’ll need a means to facilitate transactions — some kind of infrastructure which will enable a client to select your goods, cover it, and have it instantaneously delivered to them with complete hands-off automation. Payhip solves this problem.
Payhip is An e-commerce platform/website that provides customers with solutions and the tools for hosting and promoting products to their clients 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 utilizing Payhip?
Each online Platform differs, and I have used a couple of these in the past.
For me personally, having A platform that is simple to use and one that does not require a huge amount of my time is of utmost importance.
Payhip will Save you a great deal of time also because everything is cared for on the Payhip platform.
The Advantages that I’ve gained the most from utilizing Payhip comprise –
- EU VAT is taken care of, which is a huge plus in my book.
- Affordable. The site takes zero fees asides From 5 percent per transaction when you sell a item that is digital.
- Accessibility to analytics accounts.
- Access to advertising tools. You have the option to make Coupons and social discounts.
- Ability to signup, manage and reward your own affiliates.
- Access to merchandise sharing programs . Plus you can embed Your merchandise and Buy Now buttons on your own site or blog.
- The ability to setup mailing lists so that your customers can Subscribe and stay up to date with your digital goods, and much more.
- Immediate digital merchandise shipping via email link to customers.
What I Enjoy About Payhip
Let us get to the information. Following my 2 year Payhip experience, 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 pay out monthly/weekly/quarterly or make you wait for them to clean some sort of holding period. When a customer makes a purchase, the cash is instantly available on your account, and in case you have the PayPal and also Stripe programs installed on your mobile device, you are going to receive notifications each time a sale happens. How To Sell A Product Online For Free
I happen to love this. The excitement of Seeing a sale never gets old. In addition, it is good to awake in the morning, reach for your phone, and also see that you made X number of dollars while you were sleeping, and it is 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 before the money is available. That is all Stripe however — Payhip doesn’t hold your money in any way.
No Monthly Charges
Among those things that Payhip initially sold me is that there is no Monthly fees or installation charges — only a simple flat fee of 5 percent per sale.
This was attractive to me back in 2016 Since, at the time, my readership was 1/10th of what it is now, and I wasn’t positive that I was going to consistently sell enough product to justify paying a monthly fee to get a similar service such as Gumroad. As a relatively new blogger having a small crowd, Payhip was the no-risk solution that best match my scenario.
Easy To Know Analytics
Payhip’s back end Provides an page That lets you view transactions and earnings amounts relative to the day, month, week, year, or some other given range. On top of that, it’s a report.
If you used Google Analytics or Facebook analytics, the number of data you’re instantly smacked in the face with can be a bit overwhelming, and a lot of it is mostly useless also. Payhip just gives you what you are there to see — revenue information. Nothing more, nothing less.
Run Promotions with Coupon Codes
Another benefit users of Payhip experience is The ability to conduct promotions.
The codes may be for almost any percentage you would Like and for any (or all) products. They could run for whatever duration you want (or even indefinitely,) and the code itself may even be customized to whatever series of text you would like.
I have found this to be helpful. Sometimes I will conduct a weekend promotion, place it on Facebook, then raise the post targeting a pixel re-marketing audience and I don’t fail to go ROI positive with it. People really do respond to limited time offers. How To Sell A Product Online For Free
Your Own Affiliate Program
Payhip gives you the ability Readers sign up as an affiliate of your store, and you can grant, someone purchases a product using their customized affiliate link.
This is useful because it allows Men and Women To market your products for you, the commissions paid will be well worth it and if they have a stage and an audience of their own they can tap into.
Easy Integration with Email Marketing
You’ll be, if you are into advertising Able to incorporate Payhip with your email marketing supplier so that a purchase is made, the purchaser’s email address can be added to a list.
This is small but I think it’s Pretty cool so I want to give it a reference — if you so desire, you can have Payhip postage the purchaser’s email address into the upper left corner of every page of a PDF document they’ve purchased.
So if someone plans to Purchase Your PDF Book make it accessible for free somewhere else, they’ll have to be fine with their email address being publicly available. I believe that is a very creative way of deterring pirating.
Upload Most Sorts of Files
Payhip isn’t Only a marketplace for ebooks — It’s possible to upload just about any sort of electronic file. Font files, video/audio files, photographs, software, etc..
Overall Simplicity and Modern Design
One thing that can’t be overlooked whenever You are selling something is your website appears. People do not trust myself included. If a site looks like it hasn’t been updated because the web 2.0 days, I start to wonder if perhaps I’m in an abandoned building and placing my payment info to it would pretty much be like throwing my money into a black hole.
That’s not true with Payhip though. The Site has a layout that is simple and very modern. If you should buy a product this is exactly what you’d expect a checkout page from a company to appear like. How To Sell A Product Online For Free
Another thing that I enjoy about Payhip is its own Overall simplicity. In the second a visitor lands on your product page, Payhip remains out of the way. They display your images, sales copy, and just the critical info (such as price.) They do nothing to interfere with your purchase — no.
Eventually, what I like about Payhip is That customer payment information isn’t stored by them, meaning your clients’ payment details are safe. The payment is handled through Stripe or PayPal, and I prefer it this way as they are big, 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 items that I dislike about the ceremony and would like to see improved…
No Mobile App
1 thing that bugs me about Payhip is that They don’t possess a program. It’d be convenient to have the ability to open an app while I am out and around and have a look. 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 appearance in 2018. There’s no reason you shouldn’t have a site optimized for cellular, and once you’ve got that, you should be able to easily turn the site itself into it’s own program so users do not have to manually register in every time they want to check sales information. Let users of Payhip experience 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 Extra capability to indicate Other products similar to what the customer is going to purchase. If they’re buying a package of templates for $5, then I propose some other similar product which could interest them they didn’t know about, or might provide a package of business card templates for a few extra bucks. This is something that sites like Amazon and VistaPrint do very well.
I can’t help but feel as though there’s a lot of money Table — for myself and Payhip — with no functionality. This could enhance the Payhip encounter for both the client and the seller.
Set On A Fixed Timezone
This one is largely frivolous, but I’d still Like to see it corrected.
Since Payhip is located in London, they have The functioning timezone for the site place to BST. 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 since Payhip believes it is midnight and its information reflects that.
This is a non-issue, but I Would like to see the ability to adjust the website to your timezone. How To Sell A Product Online For Free
More Flexibility with Coupon Codes
I know I raved about the coupon Code feature earlier, but it’s not perfect.
As it currently stands, the advertising You can run via a coupon code. I’d like to be able to offer a dollar amount from the cost, or the ability to set a sale price.
Right Now, if I want to place a product On sale for $10, I have to break out the calculator and manually do the math to determine what percent off would render the last cost at $10. I think this is unnecessary and could be made better.
When creating A brand new product in Payhip, you also have access to innovative options including —
- Make your merchandise private.
- Insert an ISBN (Internation Standard Book Number) for your eBook.
- Upload a few preview or sample pages.
- To the number of copies of eBook or your product could be add a limitation number sold.
- Generate a exceptional license key .
Just how much does this cost?
Payhip will Cost you to set up or even host your products. The website takes only 5% commission per transaction fee.
Would I Recommend Payhip?
This leaves us with the burning question: after 2+ years as a vendor on Payhip, do you recommend it? Total, yes. I am very much a satisfied customer, but whether you should use it depends upon your own situation.
If you’re a new blogger with a small audience And you can not justify spending $10+ per month for something like Gumroad, then yes, I would absolutely recommend Payhip. But if you know that you’ll do at least $ 1,000 in sales each month and market a merchandise that is high-ticket or have a huge audience, you may want to look into something.
As of the date of this writing, Payhip works On a flat fee of 5 percent of every sale. Gumroad’s fee is now 3.5% + $0.30 per transaction + $10 per month.
If you are going to be selling $1,000 a month in total quantity, the mathematics should (typically ) prefer Payhip. But if you are selling into the thousands, you need to decide on Gumroad or start looking into some choice. That is all largely dependent on how many transactions it takes to reach those sales numbers so make sure to crunch the numbers.
Personally, I absolutely love the Payhip Expertise and am grateful for their solutions. I would like to see them continue to grow and succeed. How To Sell A Product Online For Free