Background How To Sell Digital
Of all the ways of monetizing Articles that is blog, my favorite Strategy is To make and sell products. I have discovered that it is extraordinarily more rewarding than running ads and self explanatory products convert at a higher rate than an affiliate product that someone else created. The support I use to facilitate this is Payhip, and this post I’ll be sharing what I like and dislike about the ceremony based on my Payhip experience for a vendor for 2+ years. How To Sell Digital
My Payhip Expertise
If you wanted to sell products Through your own website, you are going to need a way to facilitate trades — some sort of infrastructure that will allow a client to select your product, cover it, and also have it immediately delivered to them with whole hands-off automation. Payhip solves this issue.
Payhip is An that provides users with solutions and the simplest tools for hosting and selling 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.
What are the benefits of using Payhip?
Each online Platform differs, and I have used a couple of these previously.
Having A stage that is so simple to use and one that doesn’t take a massive amount of my valuable time is of paramount significance.
Payhip will Save you a great deal of time because everything is cared for on the Payhip platform.
The Benefits that I’ve gained the most from utilizing Payhip include –
- 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 trade when you sell a digital product.
- Access to analytics reports.
- Access to advertising tools. You have the option to make Social and Coupons discounts.
- Ability to signup, manage and reward your own affiliates.
- Access to product sharing tools. Plus you can 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 remain up to date with your goods, and more.
- Immediate digital product shipping via email link for buyers.
What I Enjoy About Payhip
Let us get to the details. Following my two year Payhip experience, Here Is What I love about the ceremony…
Upgrades Are Instantaneous
Payhip let’s your customers pay with PayPal Or by credit/debit card with Stripe, plus they don’t cover monthly/weekly/quarterly or force you to wait around for them to clean some sort of holding period. When a customer makes a purchase, the money is immediately available on your accounts, and if 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 Digital
I happen to love this. The excitement of Seeing a sale that is new never gets older. It’s also good to awake in the morning, reach for your phone, and also see that you made X amount of dollars while you’re sleeping, and it’s all readily available for you to spend. The only caveat to this can be Stripe. If your customers pays by card using Stripe, there will be a three day hold before the money is available. This is all Stripe however — Payhip does not hold your cash at all.
No Monthly Charges
One of the things that Payhip originally sold me is that there is no Monthly charges or installation charges — just a simple flat charge of 5% per sale.
This was attractive to me in 2016 Because, at the moment, my readership was less than 1/10th of what it’s now, and I was not positive that I was likely to always sell enough product to warrant paying a monthly fee to get a similar service like 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 analytics page That enables you to view transactions and earnings quantities relative to the day, week, month, year, or any other given selection. On top of that, it is a really straightforward and to-the-point report.
If you used Google Analytics or Facebook analytics, the number of information you’re instantly smacked in the face can be a bit overwhelming, and lots of it is mostly useless too. Payhip just provides you exactly what you are there to view — revenue data. Nothing more, nothing less.
Run Promotions with Coupon Codes
Another advantage users of Payhip encounter is By creating coupon codes promotions to run.
The codes can be for almost any percentage you would Like and for any (or all) products. They could run for any length you want (or even permanently,) and the code itself may even be customized to whatever string of text you desire.
I have found this to be very helpful. Occasionally I will conduct a weekend marketing, place it on Facebook, then raise the article targeting a pixel re-marketing audience and I don’t fail to go ROI positive by it. People truly do respond well to limited time offers. How To Sell Digital
Your Own Affiliate Program
Payhip gives you the ability to let your Readers register as an affiliate of your shop, and if someone buys a product you can grant them a commission of whatever percentage you’d like.
This is useful since it allows other Men and Women To sell your merchandise for you, and if they have a platform and an audience of their own they can tap into, the commissions paid will be worthwhile.
Easy Integration with Email Marketing
You will be if you’re into email advertising Able to easily integrate Payhip with your email advertising provider so that whenever a sale is made, the email address of the purchaser can be added to a list.
That is relatively small but I think it’s Pretty cool so I wish to give it a reference — if you so desire, you can have Payhip postage the buyer’s email address into the top left corner of each page of a PDF document they have purchased.
So if someone plans to buy your PDF Publication make it accessible for free they will need to be fine with their personal email address being available also. I think that’s a very creative means of deterring pirating.
Upload Most Sorts of Files
Payhip isn’t Only a market for ebooks — You can upload just about any kind of digital file. Font documents, video/audio files, photographs, software, etc..
Total Simplicity and Modern Design
One thing that can not be overlooked whenever You’re selling something is your site appears. Individuals generally do not trust myself included. If a website looks like it has not been updated since the net 2.0 times, then I begin to wonder if maybe I am in an abandoned construction and putting my payment information into it would 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 simple and very modern. This is what you would expect a checkout page from a trustworthy company to look like, if you should buy a digital merchandise on the internet. How To Sell Digital
Another thing that I like about Payhip is its own In general simplicity. From the a visitor lands on your product page, Payhip stays out of the way. They display your images, sales copy, and just the critical information (such as price.) They do nothing to interfere with your sale — no self-promotion whatsoever.
Finally, what I really enjoy about Payhip is That customer payment info isn’t stored by them, meaning your clients’ payment details are secure. The payment is completely managed through PayPal or Stripe, and I prefer it this way as they’re successful companies with lots of money.
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 improved…
No Mobile App
1 thing that bugs me about Payhip is that They do not possess a mobile program. It’d be convenient to be able to start an app while I’m out and around, and take a look. The website is optimized for mobile devices, although you can log into the site and do so.
I enjoy Payhip, but this is a really Lousy look in 2018. There’s no reason you should not have a site optimized for mobile, and once you’ve got that, you ought to be able to easily turn the site itself into it’s own app so users don’t have to manually register in each time they want to inspect sales data. Let users of Payhip experience a better 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 Extra ability to suggest Other products similar to what the client is going to buy. By way of instance, if they are purchasing a bundle of templates for $5, then I might offer a bundle of business card templates for a few extra dollars, or propose. This is something which websites like Amazon and VistaPrint do.
I can’t help but feel as though there’s a lot of money Table — for both myself and Payhip — with no operation. This could improve the Payhip experience for both the vendor and the customer.
Establish On A Fixed Timezone
This one is frivolous, but I had still Prefer to see it fixed.
Since Payhip is located in London, they have The timezone for the whole site set to BST. Since I am found in the EST, I will sometimes check my analytics at 7PM or later and see that I left 0 sales for the day since Payhip thinks it is midnight and its own information reveals that.
This is mostly a non-issue, but I Would love to see that the capability to adjust the site. How To Sell Digital
More Flexibility with Coupon Codes
I know I raved about the voucher It’s not quite perfect, although Code attribute earlier.
As it stands, the only promotion You can run through a voucher code. Ideally, I’d like to be able to offer a dollar amount to set a sale price that is specified.
Right Now, if I Need to place a $27 merchandise On sale for $10, manually do the math to determine what percent off would render the last price at $10 and I have to break out the calculator. I think that is unnecessary and could be improved.
When creating A brand new product in Payhip, you have access to advanced options including —
- Make your merchandise private.
- Add an ISBN (Internation Standard Book Number) for your eBook.
- Upload sample pages or a preview.
- Insert a limitation amount to the number of copies of market or your product can be sold.
- Create a license key for all your product/eBook revenue.
How much does this cost?
Payhip will Cost you nothing or even host your products. The site takes just 5% commission per trade fee.
Would 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 happy client, but whether 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+ per month to get something such as Gumroad, then yes, I would recommend Payhip. However, in case you know you’ll do at least $ 1,000 in sales each month and sell a merchandise or have a huge audience, you might want to look into something most cost effective.
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 a month.
If you are going to be promoting $1,000 a month in total volume, the mathematics should (typically ) prefer Payhip. But if you’re selling into the thousands, you are probably going to need to decide on Gumroad or look into some other choice. This is mostly dependent on the number of transactions it requires to achieve those sales numbers, however, so be sure to crunch the numbers.
Personally, I love the Payhip Expertise and am very thankful for their solutions. I want to see them continue to grow and succeed. How To Sell Digital