Introduction How To Sell Downloadable Files
Of All of the ways of monetizing blog Articles, my favorite Strategy is Such as studying design templates and materials to create and sell digital products. I’ve found that it’s extraordinarily more profitable than running advertisements from networks like AdSense, and products convert at a much higher speed than an affiliate product that somebody else created. The support I use to ease this is Payhip, and this article I will be sharing what I like and dislike about the ceremony based in my Payhip expertise as a vendor for two + years. How To Sell Downloadable Files
My Payhip Expertise
If you wanted to sell products Through your own site, you’ll want a way to facilitate trades — some sort of infrastructure that will allow a customer to select your product, cover it, and also have it instantaneously delivered to them with complete hands-off automation. Payhip solves this problem.
What is Payhip?
Payhip is An that provides users with options and the simplest tools for hosting and promoting digital products straight to their clients 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 benefits of using Payhip?
Each online Platform differs, and I have used a few of these previously.
Having A stage that is so simple to use and one that doesn’t take a huge amount of my valuable time is of paramount importance.
Payhip will Save you a lot of time also because everything is cared for on the Payhip platform.
The Benefits that I’ve gained the most from using Payhip comprise –
- EU VAT is taken care of, and it can be a huge plus in my book.
- Affordable. The website takes zero charges asides From 5% per transaction when you sell a product that is digital.
- Access to analytics accounts.
- Access to marketing tools. You have the option to create Coupons and societal discounts.
- Ability to signup, handle and reward your affiliates.
- Access to merchandise sharing tools. Plus it is possible to embed Your merchandise and Buy Now buttons right on your own site or blog.
- The Capacity to setup mailing lists so that your customers can Subscribe and remain current with your electronic products, and more.
- Immediate digital merchandise delivery via email link for buyers.
What I Like About Payhip
Let us get to the information. After my 2+ year Payhip experience, here’s what I really like about the service…
Payments Are Instantaneous
Payhip let us your customers pay with PayPal Or from credit/debit card using Stripe, and they don’t cover monthly/weekly/quarterly or force you to wait for them to clear some kind of holding period. When a client makes a purchase, the cash is instantly available on your accounts, and if you have the PayPal and Stripe apps installed on your mobile device, you are going to get notifications each time a sale occurs. How To Sell Downloadable Files
I happen to appreciate this. The excitement of Seeing a sale never gets old. In addition, it is great to wake up in the morning, reach for your telephone, and also see that you made X number of dollars while you were sleeping, and it’s all readily available for you to spend. The only caveat to this can be Stripe. If your customers card using Stripe, there will be a three day hold until the cash is available. This is Stripe however — Payhip doesn’t hold your money in any way.
No Monthly Charges
Among the things that Payhip originally sold me is that there’s no Monthly fees or setup charges — just a simple flat charge of 5% per sale.
This was attractive to me back in 2016 Since, at the time, my readership was 1/10th of what it is now, and I wasn’t 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 with a small crowd, Payhip was the quickest solution that best fit my scenario.
Easy To Understand Analytics
Payhip’s back end offers an analytics page That lets you see trades and earnings quantities relative to this day, month, week, year, or any other given range. On top of that, it is a to-the-point and simple report.
If you used Google Analytics or Facebook analytics, the number of data you’re instantly smacked in the face can be a bit overwhelming, and lots of it is mostly useless also. Payhip just provides you exactly what you are there to view — revenue information. Nothing more, nothing less.
Run Promotions with Coupon Codes
Another advantage users of Payhip experience is By producing coupon codes, promotions to run.
The codes may be Like and for any (or all) products. They can run for whatever length you’d like (or even permanently,) and the code itself can even be customized to whatever string of text you would like.
I’ve found this to be useful. Occasionally I will run a weekend marketing, place it on Facebook, then raise the post targeting a pixel audience and I never fail to go ROI positive by it. People do respond well to limited time offers. How To Sell Downloadable Files
Your Own Affiliate Program
Payhip gives you the capability Readers sign up as an affiliate of your store, and someone purchases a product using their custom affiliate link, you can award.
This is useful because it allows other Men and Women To sell your products for you, the commissions paid will be worth it and if they have a platform and an audience of their own that they can tap into.
Easy Integration with Email Marketing
If you are into email advertising, you will be Able to incorporate Payhip along with your email marketing supplier that is chosen so that whenever a purchase is made, the purchaser’s email address can be added to a list that is chosen.
This is relatively minor but I think it’s Pretty cool so I want to give it a reference — if you desire, you can have Payhip postage the purchaser’s email address into the upper left corner of each page of a PDF document they’ve purchased.
So if someone plans to Purchase Your PDF Publication make it available for free they will have to be okay with their email address being publicly accessible. I believe that is a means of deterring pirating.
Upload Many Sorts of Files
Payhip is not just a marketplace 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’re selling something is your website looks. People generally do not trust myself included. If a website looks like it has not been upgraded because the web 2.0 days, I start to wonder if maybe I am in an abandoned building and putting my payment info to it’d pretty much be just like throwing my money into a black hole.
That is not true with Payhip though. The Website has a easy and very modern design. In the event that you were to purchase a merchandise this is exactly what you would expect a checkout page by a business to appear like. How To Sell Downloadable Files
Another thing that I like about Payhip is its Overall simplicity. From the very second a visitor lands on your product page, Payhip stays out of the way. They display your images, sales copy, and only the crucial info (such as price.) They do nothing to interfere with your sale — no self-promotion whatsoever.
Eventually, what I enjoy about Payhip is That they do not store customer payment info, meaning that your clients’ payment details are secure. The payment is completely managed through PayPal or Stripe, and I prefer it this way because they’re big, successful companies with a lot of money.
What I Dislike About Payhip
As much as I enjoy 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
1 thing that bugs me about Payhip is that They do not have a mobile app. It’d be convenient to have the ability to open an app while I am out and about, and take a look. You may log into the website and do so, but the site isn’t even optimized for mobile devices.
I enjoy Payhip, but that is a really Bad appearance in 2018. There’s no reason you should not have a site optimized for cellular, and when you’ve got that, you ought to be able to easily turn the website itself into it’s own app so users do not have to manually sign in each time they would like to inspect sales data. Users of Payhip encounter a better platform when they are on their mobile devices.
No Upsells or Add-Ons At Checkout
On the checkout page, I’d really like to see an capability to suggest Other products. If they are buying a package of logo templates for $5, then I might offer a bundle of business card templates to get a couple of extra bucks, or suggest some other product that could interest them that they didn’t know about. This is something which websites like VistaPrint and Amazon do.
I can’t help but feel like there’s a lot of money being left on the Table — for both myself and Payhip — without this functionality. This may enhance the Payhip experience for both the client and the vendor.
Set On A Fixed Timezone
This one is frivolous, but I Like to see it corrected.
Since Payhip is located in London, they have The timezone for the site place to BST. Since I’m located in the EST, I’ll sometimes check my stats at 7PM or afterwards and see that I left 0 sales for the day because Payhip believes it is midnight and its data reflects that.
This is largely a non-issue, but I Would like to observe that the capability to correct the site. How To Sell Downloadable Files
More Flexibility with Coupon Codes
I know I raved about the voucher It’s not perfect, although Code attribute earlier.
As it stands, the only advertising You’re able to run via a coupon code. Ideally, I’d like to have the ability to offer a dollar amount to set a predetermined sale price.
At the moment, if I want to put a merchandise Available for $10, I have to break out the calculator and manually do the math to determine what percent off will render the final cost at $10. I believe that is unnecessary and could be made better.
When creating A new product in Payhip, you have access to innovative alternatives which include —
- Make your product private.
- Add an ISBN (Internation Standard Book Number) to your eBook.
- Publish sample pages or a few preview.
- Insert a limit amount sold.
- Create a license key for all your product/eBook sales.
How much does it cost?
Payhip will Cost you nothing to establish or even host your electronic products. The website takes just 5 percent commission per transaction fee.
Would I Recommend Payhip?
This leaves us with the burning question: after two years as a seller on Payhip, would you recommend it? Total, yes. I am very much a customer, but whether you ought to use it depends upon your own situation.
If you are 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. If you know you’ll do at least $ 1,000 in sales every month and market a high-ticket product or have a huge audience, you might want to check into something.
As of the date of this writing, Payhip works On a flat fee of 5 percent of every sale. Gumroad’s fee is currently 3.5% + $0.30 per transaction + $10 a month.
If you’re going to be selling less than $1,000 per month in total quantity, the mathematics should (typically ) favor Payhip. But if you’re selling well into the thousands, you’ll probably need to go with Gumroad or look into another choice. That is largely dependent on the number of transactions it requires to reach those sales numbers, however, so be sure that you crunch the numbers.
Personally, I absolutely love the Payhip Expertise and am really grateful for their services. I would like to see them continue to grow and succeed. How To Sell Downloadable Files