Background How To Sell Digital Products On Amazon
Of All of the ways of monetizing Articles that is blog, my method is Like learning design templates and materials, to create and sell products. I have discovered that it is extraordinarily more rewarding than running ads and self explanatory products convert at a higher rate compared to an affiliate product that someone else created. The service I use to ease this can be Payhip, and this post I’ll be sharing what I both like and dislike about the service based in my Payhip expertise as a vendor for 2+ years. How To Sell Digital Products On Amazon
My Payhip Expertise
If you wanted to sell digital products Through your own website, you are going to want a means to facilitate transactions — some kind of infrastructure that will allow a customer to select your product, pay for it, and have it immediately delivered to them with complete hands-off automation. Payhip solves this problem.
What is Payhip?
Payhip is An e-commerce platform/website that gives users with the simplest tools and options for hosting and promoting products directly to their customers 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 advantages of utilizing Payhip?
Each online Platform differs, and I’ve used a couple of them previously.
Having A stage that is so easy to use and one that does not require a huge amount of my time is of paramount importance.
Payhip will Save you a lot of time also because everything is cared for on the Payhip platform.
The Advantages that I’ve gained the most from utilizing Payhip include –
- EU VAT is taken care of, which can be a big plus in my book.
- Affordable. The site takes zero charges asides From 5% per trade when you sell a product.
- Accessibility to analytics reports.
- Access to advertising tools. You have the option to create Societal and coupons discounts.
- Capability to signup, handle and reward your own affiliates.
- Access to merchandise sharing programs . Plus it is possible to embed Your merchandise and Buy Now buttons right on blog or your own website.
- The ability to setup mailing lists so that your clients can Subscribe and stay current with your goods, and more.
- Instant digital product delivery via email link to buyers.
What I Like About Payhip
Let us get to the information. Following my 2 year Payhip expertise, Here Is What I really like about the service…
Payments Are Instantaneous
Payhip let’s your customers pay with PayPal Or by credit/debit card with Stripe, and they don’t pay out monthly/weekly/quarterly or make you wait for them to clear some sort of holding period. When a customer makes a purchase, the cash is instantly available on your accounts, 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 Digital Products On Amazon
I happen to love this. The excitement of Seeing a sale never gets older. In addition, it is great to awake in the morning, reach to your telephone, and 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 can be Stripe. If your customers pays by card using Stripe, there will be a 3 day hold until the money is available. This is all Stripe though — Payhip doesn’t hold your money in any way.
No Monthly Charges
Among those things that Payhip originally sold me is that there’s no Monthly fees or installation charges — just a simple flat fee of 5% per sale.
This was appealing to me Because, at the time, my readership was 1/10th of what it’s now, and I was not positive that I was likely to consistently sell enough product to warrant paying a monthly fee for a similar service like Gumroad. As a relatively new blogger having a small crowd, Payhip was the quickest solution that best fit my situation.
Simple To Understand Analytics
Payhip’s back end Provides an analytics page That lets you view trades and earnings amounts relative to this day, week, month, year, or some other given range. On top of that, it is a to-the-point and really simple report.
If you used Google Analytics or Facebook analytics, the number of information you’re instantly smacked in the face with can be somewhat overwhelming, and a lot of it’s mostly useless too. Payhip just gives you what you’re there to see — sales information. Nothing more, nothing less.
Run Promotions with Coupon Codes
Another benefit users of Payhip encounter is By producing coupon codes, promotions to conduct.
The codes can be for any percentage you would Like and for any (or all) products. They could run for any 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 very useful. Occasionally I’ll run a weekend promotion, post it on Facebook, then boost 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 Products On Amazon
Your Own Affiliate Program
Payhip Provides you the ability to let your Readers register as an affiliate of your store, and someone purchases a product using their customized affiliate link, you can award.
This is useful because it allows other Men and Women To market your merchandise for you, and if they have a platform and an audience of their own that they can tap to, the commissions paid will be well worth it.
Easy Integration with Email Marketing
You will be if you’re into email advertising Able to readily incorporate Payhip with your email marketing provider that is preferred so that a purchase is made, the email address of the purchaser can be added into a chosen listing.
That is relatively minor but I think it’s Pretty cool so I want to give it a mention — if you so desire, you can have Payhip stamp the buyer’s email address into the upper left corner of each page of a PDF document they have bought.
So if someone plans to Purchase Your PDF Publication then make it available for free somewhere else, they’ll have to be fine with their email address being accessible also. I think that is a creative way of deterring pirating.
Upload Most Kinds of Files
Payhip isn’t Only a marketplace for ebooks — You can upload any sort of file. Font files, video/audio documents, photos, software, etc..
Overall Simplicity and Modern Design
1 thing that can not be overlooked whenever You are selling something is your site looks. People don’t trust myself included. If a site looks like it hasn’t been updated since the net 2.0 times, then I begin to wonder if maybe I am in an abandoned building and putting my payment information into it’d pretty much be just like throwing my money into a black hole.
That is not true with Payhip though. The Site has a design that is very modern and simple. In the event that you should buy a product on the internet, this is what you’d anticipate a checkout page from a trustworthy business to look like. How To Sell Digital Products On Amazon
Another thing that I enjoy about Payhip is its In general simplicity. From the very moment a visitor lands on your product page, Payhip stays out of the way. They display your graphics, sales copy, and just the crucial info (like price.) They do nothing to interfere with your sale — no self-promotion whatsoever.
Finally, what I actually like about Payhip is That customer payment info isn’t stored by them, meaning that your clients’ payment details are safe. The payment is handled through PayPal or Stripe, and I prefer it that way as they are large companies with a lot of cash.
What I Dislike About Payhip
As much as I enjoy Payhip, it is far from perfect. Here are some things 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 do not have a program. It’d be convenient to be able to open an app while I’m out and around and have a look. You do so and may log in to the site, but the site is optimized for mobile devices.
I like Payhip, but that is a really Bad appearance 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 right into it’s own program so users do not need to manually register in each time they would like to inspect sales information. Let users of Payhip experience a platform when they are on their mobile devices.
No Upsells or Add-Ons In Checkout
On the checkout page, I’d really like to see an added capability to indicate Other products. By way of example, if they’re purchasing a package of logo templates for $5, then I propose, or might offer a package of business card templates to get a couple of bucks. This is something which websites like VistaPrint and Amazon do.
I can’t help but feel like there’s a Great Deal of money being left on the Table — for both myself and Payhip — with no functionality. This could enhance the Payhip experience for both the customer and the seller.
Establish On A Fixed Timezone
This one is frivolous, but I Prefer to see it corrected.
Since Payhip is located at London, they have The functioning timezone for the whole website set to BST. Since I am located in the EST, I will sometimes check my analytics at 7PM or afterwards and see that I made 0 sales for the day since Payhip thinks it’s midnight and its data reflects that.
Again, this is a non-issue, but I Would like to observe that the capability to adjust the website to your timezone. How To Sell Digital Products On Amazon
More Flexibility with Coupon Codes
I know I raved about the voucher It is not perfect yet, although Code attribute earlier.
As it now stands, the sole promotion You can run via a coupon code. Ideally, I’d like to have the ability to offer a dollar amount to set a sale price.
Right Now, if I Need to put a merchandise that is $27 Available for $10, I must break out the calculator and manually do the math to figure out what percentage off would render the cost at $10. I believe this is unnecessary and may be made better.
When creating A brand new product in Payhip, you also have access to innovative options including —
- Make your merchandise personal.
- Add an ISBN (Internation Standard Book Number) for your eBook.
- Publish a couple of sample or preview pages.
- To the number of copies of market or your product can be, Insert a limitation number sold.
- Generate a license key that is exceptional for each of your product/eBook revenue.
Just how much does it cost?
Payhip will Cost you nothing or even host your digital products. The website takes only 5% commission per transaction fee.
Would I Recommend Payhip?
This leaves us with the burning question: after 2years 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 own situation.
If you are 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. In case you know you’ll do at least $ 1,000 in sales every month and sell a product or have a huge audience, you might want to check into something most cost effective.
As of this date of this writing, Payhip functions On a set fee of 5% of each sale. Gumroad’s fee is currently 3.5% + $0.30 per transaction + $10 a month.
If you’re going to be promoting less than $1,000 a month in total volume, the math should (in most cases) prefer Payhip. But if you are selling into the thousands, you’ll probably want to go with Gumroad or start looking into another alternative. This is all dependent on the number of transactions it requires to achieve those sales numbers, however, so make sure to crunch the numbers.
Personally, I absolutely love the Payhip Experience and am very grateful for their solutions. I want to see them continue to grow and succeed. How To Sell Digital Products On Amazon