Introduction How To Sell Digital Files On Etsy
Of All of the ways of Creating blog Articles, my favorite method is To make and sell products. I’ve discovered that it’s extraordinarily rewarding than running advertisements 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 this post I will be discussing what I both like and dislike about the service based in my Payhip experience as a seller for two + years. How To Sell Digital Files On Etsy
My Payhip Experience
If you’ve ever wanted to market digital products Through your own site, you are going to need a way to facilitate transactions — some kind of infrastructure that will allow a client to select your product, cover it, and have it instantaneously delivered to them with whole hands-off automation. Payhip solves this problem.
Payhip is An that provides customers with the simplest tools and solutions for hosting and promoting products 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 advantages of utilizing Payhip?
Each online Platform differs, and I’ve used a couple of them previously.
Having A stage that is simple to use and one that doesn’t require a huge amount of my valuable time is of paramount significance.
Payhip will Save you a great deal of time also because everything is taken care of on the Payhip platform.
The Advantages that I’ve gained the most from utilizing Payhip comprise –
- EU VAT is cared for, which is a huge plus in my book.
- Affordable. The site takes zero fees asides From 5 percent per trade when you sell a product.
- Access to analytics reports.
- Access to marketing tools. You have the option to create Societal and Coupons discounts.
- Capability to signup, handle and reward your affiliates.
- Access to product sharing tools. Plus it is possible to embed Purchase and your merchandise Now buttons on blog or your website.
- The ability to setup mailing lists so that your customers can Subscribe and stay up to date with your electronic products, and much more.
- Instant digital merchandise delivery via email link for customers.
What I Like About Payhip
Let us get to the details. Following my 2 year Payhip expertise, here’s what I really like about the ceremony…
Payments Are Instantaneous
Payhip let us your customers pay with PayPal Or from credit/debit card using Stripe, plus they don’t cover 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 immediately available on your accounts, and in case you have the PayPal and Stripe programs installed on your mobile device, you are going to get notifications whenever a sale occurs. How To Sell Digital Files On Etsy
I happen to love this. The excitement of Seeing a new sale never gets older. It’s also good to wake up in the morning, reach to your telephone, and also see that you made X amount of dollars while you were sleeping, and it is all easily available for you to spend. The only caveat to this can be Stripe. If your clients card with Stripe, there’ll be a three day hold before the cash is available. This is Stripe however — Payhip does not hold your money at all.
No Monthly Charges
Among the things that Payhip initially sold me on is that there is no Monthly fees or setup charges — only a simple flat charge of 5% per sale.
This was attractive to me Because, at the time, my readership was 1/10th of what it is now, and that I was not positive that I was going to always sell enough product to warrant paying a monthly fee for a similar service such as Gumroad. As a relatively new blogger with a small audience, Payhip was the no-risk solution that best fit my situation.
Easy To Know Analytics
Payhip’s back end offers an analytics page That lets you see trades and earnings quantities relative to this day, week, month, year, or any other given range. Best of all, it’s a report.
If you have ever 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’s mostly useless too. Payhip just provides you exactly what you’re there to see — revenue data. Nothing more, nothing less.
Run Promotions with Coupon Codes
Another advantage users of Payhip experience is By creating coupon codes, promotions to conduct.
The codes can be Enjoy and for any (or all) products. They could run for whatever duration you want (or even permanently,) and the code itself can even be customized to whatever series of text you desire.
I have found this to be somewhat useful. Occasionally I will run a weekend marketing, post it on Facebook raise the article targeting a pixel audience and I never fail to go ROI positive with it. People truly do respond to limited time offers. How To Sell Digital Files On Etsy
Your Own Affiliate Program
Payhip Provides you the capability to let your Readers register as an affiliate of your shop, and you are able to award whenever someone purchases a product with their custom affiliate link.
This is useful because it allows people To market your merchandise the commissions paid will be well worthwhile and if they have a stage and an audience of their own that they can tap to.
Easy Integration with Email Marketing
You will be, if you are into advertising Able to readily incorporate Payhip along with your chosen email marketing provider so that a purchase is made, the email address of the purchaser could be added to a selected list.
That is minor but I think it’s Pretty cool so I want to give it a mention — if you so desire, you’ll have Payhip postage the buyer’s email address into the upper left corner of every page of a PDF document they have bought.
So if someone intends to Purchase Your PDF Book make it publicly accessible for free somewhere else, they’ll need to be okay with their personal email address being accessible. I think that is a creative way of deterring pirating.
Upload Most Kinds of Files
Payhip is a market for ebooks — It’s possible to upload virtually any sort of electronic file. Font files, video/audio files, photos, software, etc..
Overall Simplicity and Modern Design
1 thing that can’t be overlooked whenever You’re selling something is your site appears. People do not trust sites that appear obsolete, myself included. If a website looks like it hasn’t been updated because the web 2.0 days, I begin to wonder if perhaps I am in an abandoned building and putting my payment info to it’d pretty much be like throwing my money into a black hole.
That is not the case with Payhip though. The Site has a design that is very modern and simple. In the event that you were to purchase a merchandise this is exactly what you’d expect a checkout page by a trustworthy business to look like. How To Sell Digital Files On Etsy
Another thing that I enjoy about Payhip is its own In general simplicity. From the very moment a visitor lands on your product page, Payhip remains out of the way. They display your graphics, sales copy, and only the critical info (like price.) They do absolutely nothing to interfere with your purchase — no.
Finally, what I really enjoy about Payhip is That they do not store customer payment information, meaning your customers’ payment details are secure. The payment is totally managed through Stripe or PayPal, and I prefer it that way because they’re successful companies with lots of cash.
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 service and would like to see enhanced…
No Mobile App
1 thing that bugs me around Payhip is that They do not possess a program. It would be convenient to be able to start an app and have a look while I’m out and about. You may log into the website and do this, but the site isn’t optimized for mobile devices.
I enjoy Payhip, but this is a very Lousy look in 2018. There is no reason you should not have a website optimized for cellular, and when you’ve got that, you should be able to easily turn the website itself into it’s own app so users don’t need to manually register in every time they want to inspect sales information. Permit users of Payhip experience a platform when they are on their devices.
No Upsells or Add-Ons In Checkout
On the checkout page, I would really like to see an ability that is added to indicate Other products similar to what the customer is about to buy. For instance, if they’re purchasing a package of templates for $5, I suggest some other product that could interest them they didn’t know about, or could provide a bundle of business card templates to get a couple of extra bucks. This is something that sites like Amazon and VistaPrint do.
I can not help but feel as though there is a lot of money being left on the Table — for myself and Payhip — with no operation. This could improve the Payhip experience for both the customer and the seller.
Establish On A Fixed Timezone
This one is frivolous, but I Like to see it fixed.
Since Payhip is located in London, they’ve The timezone for the whole site set to BST. Since I’m found in the EST, I will sometimes check my analytics at 7PM or afterwards and see that I made 0 sales for the day because Payhip believes it is midnight and its information reveals that.
This is a non-issue, however I Would love to see that the ability to correct the website. How To Sell Digital Files On Etsy
More Flexibility with Coupon Codes
I know I raved about the voucher It is not quite perfect yet, although code feature earlier.
As it currently stands, the sole advertising You’re able to run through a voucher code. Ideally, I’d love to have the ability to supply a dollar amount from the original cost, or the ability to set a sale price that is predetermined.
At the moment, if I want to place a product that is $27 On sale for $10, manually do the math to figure out what percentage off will render the cost at $10 and I must break out the calculator. I believe this is unnecessary and may be made better.
When creating A new product in Payhip, you have access to innovative options including —
- Make your product private.
- Add an ISBN (Internation Standard Book Number) for your eBook.
- Upload sample pages or a preview.
- To how many copies of eBook or your product could be, add a limit amount sold.
- Create a license key for each of your product/eBook revenue.
Just how much does it cost?
Payhip will Cost you or even host your products. The website takes only 5% commission per transaction 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 a customer, but whether or not you ought to use it depends on your situation.
If you are a blogger with a small audience And you can’t justify spending $10+ a month for something like Gumroad, then yes, I would recommend Payhip. If you have a massive audience or sell a product and know you’ll be doing at least $1,000 in sales every month, you may want to check into something most cost effective.
As of this date of this writing, Payhip functions On a set fee of 5% 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 per 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 look into some alternative. This is largely dependent on the number of transactions it requires to reach those sales numbers so be sure that you crunch the numbers for yourself.
Personally, I absolutely love the Payhip Expertise and am grateful for their services. I would like to see them continue to grow and succeed. How To Sell Digital Files On Etsy