Background How To Sell A Product
Of All of the ways of Creating blog Articles, my Strategy is Like learning design templates and materials, to create and sell electronic products. I have discovered that it’s extraordinarily more rewarding than running ads from networks such as AdSense, and products convert at a greater speed compared to an affiliate product that somebody else created. The service I use to ease this can be Payhip, and in this article I will be sharing what I both like and dislike about the ceremony based in my Payhip expertise for a vendor for 2+ years. How To Sell A Product
My Payhip Experience
If you’ve ever 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, pay for it, and have it immediately delivered to them with whole hands-off automation. Payhip solves this problem.
Payhip is An e-commerce platform/website that gives users with the tools and solutions for hosting and promoting products directly to their customers 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 advantages of utilizing Payhip?
Each online Platform differs, and I’ve used a few of them in the past.
Having A stage that is really simple to use and one that does not take a massive amount of my precious 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 comprise –
- EU VAT is cared for, which is a big plus in my book.
- Affordable. The site takes zero charges asides From 5% per trade when you sell a digital item.
- Accessibility to analytics accounts.
- Access to advertising tools. You have the option to create Social and Coupons discounts.
- Ability to signup, handle and reward your affiliates.
- Access to merchandise sharing programs . Plus it is possible to embed Your product and Buy Now buttons directly on your own site or blog.
- The Capacity to set mailing lists so that your customers can Subscribe and stay up to date with your digital products, and much more.
- Instant digital product delivery via email link for customers.
What I Like About Payhip
Let’s get to the details. Following my 2 year Payhip expertise, Here Is What I love about the ceremony…
Upgrades Are Instantaneous
Payhip let’s your customers pay with PayPal Or from credit/debit card with Stripe, and they don’t cover monthly/weekly/quarterly or make you wait around for them to clean some kind of holding period. When a customer makes a purchase, the cash is immediately available on your accounts, and in case you have the PayPal and also Stripe apps installed on your mobile device, you’ll get notifications each time a sale happens. How To Sell A Product
I happen to appreciate this. The excitement of Seeing a sale never gets older. In addition, it is good to wake up in the morning, reach to your phone, and see you made X amount of dollars while you were sleeping, and it’s all readily available for you to spend. The caveat to this is Stripe. If your clients card with Stripe, there’ll be a 3 day hold before the cash is available. This is Stripe however — Payhip doesn’t hold your money in any way.
No Monthly Charges
One of the things that Payhip originally sold me on is that there’s no Monthly charges or setup charges — only a simple flat charge of 5 percent per sale.
This was appealing to me Because, at the time, my readership was 1/10th of what it’s now, and that I was not positive I was likely to always 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 crowd, Payhip was the no-risk solution that best fit my scenario.
Easy To Know Analytics
Payhip’s back end offers an analytics page That lets you view transactions and earnings amounts relative to this day, week, month, year, or any other specified range. On top of that, it’s a report that is to-the-point and straightforward.
If you’ve ever used Google Analytics or Facebook analytics, the number of information you’re instantly smacked in the face with can be a bit overwhelming, and a lot of it’s mostly useless too. Payhip just provides you what you are there to see — sales data. Nothing more, nothing less.
Run Promotions with Coupon Codes
Another advantage users of Payhip experience is The capacity to run promotions by creating coupon codes.
The codes can be for almost any percentage you would Enjoy and for any (or all) products. They could run for any duration you’d like (or even indefinitely,) along with the code itself may even be customized to whatever string of text you desire.
I’ve found this to be somewhat helpful. Sometimes I will conduct a weekend marketing, place it on Facebook, then boost the article targeting a pixel audience that is re-marketing and I don’t fail to go ROI positive with it. People really do respond to limited time offers. How To Sell A Product
Your Own Affiliate Program
Payhip Provides you the ability Readers sign up as an affiliate of your shop, and you can grant them a commission of whatever percent you’d like, someone buys a product with their customized affiliate link.
This is useful since it allows other Men and Women To market your products and should they have a platform and an audience of their own they can tap into, the commissions paid will be well worthwhile.
Easy Integration with Email Marketing
If you’re into marketing, you’ll be Able to easily integrate Payhip with your email advertising supplier so that a purchase is made, the email address of the purchaser can be added to a listing that is chosen.
This is minor but I think it’s Pretty cool so I wish to give it a mention — if you so desire, you’ll have Payhip postage the buyer’s email address into the top left corner of every page of a PDF document they have purchased.
So if someone intends to buy your PDF Publication make it available for free they’ll need to be okay with their email address being accessible also. I believe that is a really creative way of deterring pirating.
Upload Most Sorts of Files
Payhip isn’t just a market for ebooks — It’s possible to upload any sort of file. Font documents, video/audio documents, photographs, software, etc..
Overall Simplicity and Modern Design
1 thing that can not be overlooked whenever You are selling something is how present your website looks. People don’t trust sites that appear obsolete, myself included. If a website looks like it hasn’t been updated because the web 2.0 times, then I start to wonder if maybe I am in an abandoned construction and placing my payment info into it’d pretty much be like throwing my money into a black hole.
That’s not true with Payhip though. The Website has a design that is easy and very contemporary. In the event that you should buy a product this is exactly what you would anticipate a checkout page from a business to look like. How To Sell A Product
Another thing that I enjoy about Payhip is its Overall simplicity. From the second a visitor lands on your product page, Payhip remains out of the way. They display your graphics, sales copy, and only the critical info (such as price.) They do nothing to interfere with your purchase — no self-promotion whatsoever.
Eventually, what I enjoy about Payhip is That they do not store customer payment information, meaning your clients’ payment details are safe. The payment is handled through PayPal or Stripe, and I prefer it this way as they’re large, successful companies with a lot of money to spend on security.
What I Dislike About Payhip
As much as I like Payhip, it’s far from perfect. Here are some things 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 don’t have a mobile app. It’d be convenient to have the ability to open an app while I am out and around, and take a look during my data. You may log in to the site and do so, but the website isn’t even optimized for mobile devices.
I enjoy Payhip, but this is a really Lousy look in 2018. There’s no reason you shouldn’t have a site optimized for mobile, and when you have that, you ought to be able to easily turn the website itself into it’s own program so users do not have to manually register in every time they would like to inspect sales information. Permit users of Payhip experience a platform when they’re on their devices.
No Upsells or Add-Ons At Checkout
On the checkout page, I would really like to see an ability to indicate Other products similar to what the customer is going to buy. If they are purchasing a bundle of templates for $5, then I could provide a package of business card templates for a couple of extra bucks, or suggest. This is something which sites like VistaPrint and Amazon do.
I can not help but feel like there is a lot of money Table — for both myself and Payhip — without this functionality. This could enhance the Payhip experience for both the customer and the seller.
Set On A Fixed Timezone
This one is mostly frivolous, but I had still Like to see it corrected.
Since Payhip is located at London, they’ve The timezone for the whole website place to BST. Since I am located in the EST, I will occasionally check my analytics at 7PM or afterwards and see that I made 0 sales for the day since Payhip thinks it is midnight and its own data reveals that.
Again, this is largely a non-issue, however I Would like to observe the capability to correct the site. How To Sell A Product
More Flexibility with Coupon Codes
I know I raved about the voucher It is not quite perfect just yet, although Code attribute earlier.
As it now stands, the advertising You’re able to run via a coupon code is for a percent off. Ideally, I’d like to be able to offer a dollar amount to set a sale price that is predetermined.
Right Now, if I want to put a merchandise On sale for $10, I must break out the calculator and manually do the math to determine what percentage off will leave the price at $10. I believe that is unnecessary and could be improved.
When creating A new product in Payhip, you also have access to innovative alternatives including —
- Make your merchandise private.
- Insert an ISBN (Internation Standard Book Number) for your eBook.
- Publish a few sample or preview pages.
- To how many copies of your product or market can be, Insert a limit number sold.
- Generate a license key that is exceptional .
How much does it cost?
Payhip will Cost you or even host your products. The website takes just 5% commission per trade fee.
Can I Recommend Payhip?
This leaves us with the burning question: after two + years 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 on your situation.
If you’re a new blogger with a small audience And you can’t justify spending $10+ per month for something like Gumroad, then yes, I would absolutely recommend Payhip. But in case you know that you’ll be doing at least $ 1,000 in sales every month and market a product or have a massive audience, you may want to look into something most cost effective.
As of this date of this writing, Payhip works On a flat fee of 5% of each 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 quantity, the math should (typically ) favor Payhip. But if you are selling into the thousands, you’ll probably need to decide on Gumroad or start looking into some other choice. That is all dependent on the number of transactions it requires to reach those sales numbers, however, so be sure to crunch the numbers on your own.
Personally, I love the Payhip Experience and am thankful for their services. I want to see them continue to grow and succeed. How To Sell A Product