Background How To Sell Digital Books On Amazon
Of All of the ways of monetizing blog Articles, my favorite Strategy is To create and sell products such as studying design templates and materials. I’ve discovered that it’s extraordinarily more profitable than running advertisements and products convert at a significantly higher rate compared to an affiliate product that someone else created. The support I use to facilitate this is Payhip, and this article I will be sharing what I both like and dislike about the service based in my Payhip experience as a seller for two + years. How To Sell Digital Books On Amazon
My Payhip Expertise
If you wanted to market digital products Through your own website, you are going to need a way to facilitate trades — some kind of infrastructure that will allow a client to select your goods, cover it, and also have it instantaneously delivered to them with complete hands-off automation. Payhip solves this issue.
What is Payhip?
Payhip is An e-commerce platform/website that gives customers with options and the tools for selling electronic products to their customers and hosting 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 utilizing Payhip?
Each online Platform differs, and I’ve used a few of these previously.
Having A platform that is so simple to use and one that doesn’t take a huge amount of my time is of utmost significance.
Payhip will Save you a lot of time too 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, and it is a huge plus in my book.
- Affordable. The site takes zero charges asides From 5% per transaction when you sell a digital product.
- Accessibility to analytics accounts.
- Access to marketing tools. You have the option to make Societal and coupons discounts.
- Ability to signup, manage and reward your own affiliates.
- Access to merchandise sharing programs . Plus you can embed Your merchandise and purchase Now buttons on blog or your own website.
- The ability to setup mailing lists so that your clients can Subscribe and remain up to date with your electronic goods, and much more.
- Instant digital product delivery via email link for customers.
What I Like About Payhip
Let’s get to the information. After my 2 year Payhip expertise, Here Is What I love 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 clear some sort of holding period. When a client makes a purchase, the money is instantly available on your accounts, and in case you’ve got the PayPal and Stripe apps installed on your mobile device, you’ll receive notifications each time a sale happens. How To Sell Digital Books On Amazon
I happen to appreciate this. The excitement of Seeing a sale that is new never gets old. It’s also good to wake up in the morning, reach to your phone, and also see you made X amount of dollars while you were sleeping, and it is all easily available for you to spend. The caveat to this can be Stripe. If your customers pays by card with Stripe, there’ll be a 3 day hold until the money is available. That is all Stripe however — Payhip doesn’t hold your money at all.
No Monthly Charges
One of the things that Payhip originally sold me on is that there’s no Monthly fees or setup charges — just a simple flat fee of 5% per purchase .
This was attractive to me back Because, at the moment, my readership was 1/10th of what it’s now, and that I wasn’t positive I was going to always sell enough product to justify paying a monthly fee for a similar service such as Gumroad. As a relatively new blogger with a little crowd, Payhip was the quickest solution that best match my situation.
Easy To Understand Analytics
Payhip’s back end Provides an page That lets you see trades and earnings amounts relative to this day, month, week, year, or any other specified range. On top of that, it is a report.
If you have used Google Analytics or Facebook analytics, the number of data you’re immediately smacked in the face can be a bit overwhelming, and a lot of it’s largely useless too. Payhip just gives you exactly what you’re there to see — revenue data. Nothing more, nothing less.
Run Promotions with Coupon Codes
Another benefit users of Payhip experience is By producing coupon codes promotions to run.
The codes may be Like and for any (or all) products. They could run for whatever length you’d like (or even indefinitely,) and the code itself can even be customized to whatever string of text you would like.
I have found this to be somewhat helpful. Sometimes I will conduct a weekend promotion, place it on Facebook 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 Sell Digital Books On Amazon
Your Own Affiliate Program
Payhip Provides you the capability to let your Readers register as an affiliate of your shop, and you can award them a commission of whatever percent you would like, if someone buys a product with their customized affiliate link.
This is useful since it allows other Men and Women To market your products the commissions paid will be well worthwhile and if they have an audience of their own and a stage they can tap into.
Easy Integration with Email Marketing
You will be if you are into marketing Able to easily integrate Payhip with your email marketing supplier that is chosen so that a purchase is made, the purchaser’s email address could be added into a listing that is chosen.
This 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 every page of a PDF document they have purchased.
So if someone intends to buy your PDF Book then make it available for free somewhere else, they’ll have to be okay with their private email address being accessible. I believe that’s a way of deterring pirating.
Upload Most Sorts of Files
Payhip is a marketplace for ebooks — You can upload just about any sort of file. Font documents, video/audio documents, photographs, software, etc..
Overall Simplicity and Modern Design
One thing that can not be overlooked whenever You’re selling something is your site looks. People don’t trust websites which appear obsolete, myself included. If a website looks like it hasn’t been updated since 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’d pretty much be just like throwing my money into a black hole.
That is not the case with Payhip though. The Site has a design that is very contemporary and easy. This is what you would anticipate a checkout page from a trusted company to look like, In the event that you should buy a digital merchandise on the world wide web. How To Sell Digital Books On Amazon
Another thing that I like about Payhip is its Overall simplicity. From the second a visitor lands on your product page, Payhip stays 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 sale — no self-promotion whatsoever.
Finally, what I enjoy about Payhip is That customer payment information isn’t stored by them, meaning your clients’ payment details are safe. The payment is totally managed through PayPal or Stripe, and I prefer it this way because they’re successful companies with lots of cash to spend 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 ceremony and would like to see improved…
No Mobile App
One thing that bugs me about Payhip is that They do not have a program. It would be convenient to be able to open an app while I am out and about and take a look. You may log into the site and do this, but the site is optimized for mobile devices.
I enjoy Payhip, but that is a really Bad look in 2018. There is no reason you shouldn’t have a website optimized for cellular, and when you’ve got that, you ought to be able to easily turn the site itself into it’s own app so users do not have to manually register in each time they want to check sales data. Users of Payhip experience a better platform when they’re on their devices.
No Upsells or Add-Ons In Checkout
On the checkout page, I would really like to see an ability to indicate Other products similar to what the client is going to buy. By way of instance, if they’re purchasing a package of templates for $5, then I suggest, or could provide a bundle of business card templates to get a couple of bucks. This is something that sites like VistaPrint and Amazon do.
I can not help but feel as though there is a Great Deal of money being left on the Table — for both myself and Payhip — with no functionality. This could improve the Payhip encounter for both the customer 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 have The working timezone for the whole site set to BST. Since I am found in the EST, I will sometimes check my stats at 7PM or later and see that I made 0 earnings for the day because Payhip thinks it is midnight and its own information reflects that.
This is mostly a non-issue, but I Would love to see that the ability to correct the site to your timezone. How To Sell Digital Books On Amazon
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 only promotion You can run through a coupon code. I’d love to be able to offer a dollar amount to set a sale price that is specified.
Right Now, if I want to put a product that is $27 On sale for $10, do the math to determine what percent off will render the price at $10 and I have to break out the calculator. I believe this is unnecessary and could be improved.
When creating A new product in Payhip, you have access to innovative options including —
- Make your merchandise personal.
- Insert an ISBN (Internation Standard Book Number) for your eBook.
- Upload sample pages or a preview.
- To how many copies of your product or market could be add a limitation number sold.
- Generate a license key .
Just how much does this cost?
Payhip will Cost you or even host your products. The website takes only 5 percent commission per transaction fee.
Would I Recommend Payhip?
This leaves us with the burning question: after 2years as a vendor on Payhip, do you recommend it? Overall, yes. I am very much a customer, but whether or not you should use it depends upon your situation.
If you’re a blogger with a small audience And you can’t justify spending $10+ per month for something such as Gumroad, then yes, I would absolutely recommend Payhip. However, if you sell a product that is high-ticket or have a massive audience and know that you’ll do at least $ 1,000 in sales every month, you may want to look into something.
As of this date of the writing, Payhip works On a set fee of 5 percent of every sale. Gumroad’s fee is currently 3.5% + $0.30 per transaction + $10 per month.
If you’re going to be promoting $1,000 a month in total volume, the mathematics should (typically ) favor Payhip. But if you are selling into the thousands, you want to decide on Gumroad or start looking into some choice. That is largely dependent on the number of transactions it takes to reach those sales numbers though, so be sure to crunch the numbers.
Personally, I love the Payhip Experience and am very thankful for their solutions. I want to see them continue to grow and succeed. How To Sell Digital Books On Amazon