Introduction How To Sell Ebooks
Of All of the ways of monetizing Articles, my method is Like learning materials and layout templates, to create and sell products. I’ve discovered that it is extraordinarily rewarding than running advertisements and self-made products convert at a significantly greater rate than an affiliate product that somebody else created. The support I use to ease this can be Payhip, and in this post I will be sharing what I like and dislike about the service based in my Payhip expertise as a vendor for 2+ years. How To Sell Ebooks
My Payhip Experience
If you have ever wanted to market products Through your own website, you’ll want a way to facilitate trades — some kind of infrastructure that will allow a customer to select your product, cover it, and also have it instantaneously delivered to them with whole hands-off automation. Payhip solves this problem.
Payhip is An e-commerce platform/website that provides customers with solutions and the easiest tools for selling products straight to their customers and hosting 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 utilizing Payhip?
Each online Platform is different, and I’ve used a few of them previously.
Having A stage that is really easy to use and one that doesn’t require a huge amount of my valuable time is of paramount importance.
Payhip will Save you a lot of time because everything is taken care of on the Payhip platform.
The Benefits that I’ve gained the most from using Payhip comprise –
- EU VAT is taken care of, which is a big plus in my book.
- Affordable. The site takes zero charges asides From 5% per transaction when you sell a product that is digital.
- Accessibility to analytics accounts.
- Access to marketing tools. You have the option to make Coupons and societal discounts.
- Capability to signup, handle and reward your affiliates.
- Access to merchandise sharing programs . Plus you can embed Your product and purchase Now buttons on your own site or blog.
- The ability to set mailing lists so that your customers can Subscribe and remain up to date with your goods, and more.
- Instant digital product shipping via email link to buyers.
What I Like About Payhip
Let us get to the details. After my two year Payhip experience, Here Is What I love about the service…
Upgrades Are Instantaneous
Payhip let us your customers pay with PayPal Or by credit/debit card with Stripe, and they do not cover monthly/weekly/quarterly or make you wait for them to clear some kind of holding period. When a client makes a purchase, the money is instantly available on your accounts, and if you’ve got the PayPal and Stripe programs installed on your mobile device, you’ll get notifications whenever a sale occurs. How To Sell Ebooks
I happen to love this. The excitement of Seeing a sale that is brand new never gets older. In addition, it is great to awake in the morning, reach for your phone, and 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 is Stripe. If your clients pays by card using Stripe, there’ll be a three day hold until the cash is available. This is Stripe though — Payhip doesn’t hold your money in any way.
No Monthly Charges
One of those things that Payhip originally sold me on is that there’s no Monthly charges or setup charges — just a simple flat fee of 5% per purchase .
This was appealing to me Because, at the moment, my readership was less than 1/10th of what it’s now, and that I wasn’t positive I was likely to consistently sell enough product to warrant paying a monthly fee to get a similar service like Gumroad. As a relatively new blogger having a small audience, Payhip was the no-risk solution that best fit my situation.
Simple To Understand Analytics
Payhip’s back end offers an page That lets you see transactions and earnings quantities relative to the day, month, week, year, or any other given selection. Best of all, it is a report.
If you used Google Analytics or Facebook analytics, the number of information you are instantly smacked in the face with can be somewhat overwhelming, and a lot of it is largely useless also. Payhip just provides you what you are there to view — sales data. Nothing more, nothing less.
Run Promotions with Coupon Codes
Another advantage users of Payhip encounter is By producing coupon codes, promotions to run.
The codes may be for almost any percentage you’d Like and for any (or all) products. They can run for whatever duration you want (or even indefinitely,) along with the code itself may even be customized to whatever series of text you desire.
I have found this to be useful. Occasionally I’ll conduct a weekend promotion, place it on Facebook, then boost the article targeting a pixel audience that is re-marketing and I never fail to go ROI positive by it. People do respond well to limited time offers. How To Sell Ebooks
Your Own Affiliate Program
Payhip gives you the ability Readers sign up as an affiliate of your store, and you are able to award them a commission of whatever percent you would like if someone purchases a product using their custom affiliate link.
This is useful because it allows other Men and Women To sell your merchandise for you, the commissions paid will be well worth it and if they have an audience of their own and a platform they can tap to.
Easy Integration with Email Marketing
If you’re into marketing, you will be Able to incorporate Payhip with your email advertising supplier that is preferred so that a purchase is made, the buyer’s email address could be added to a chosen list.
That is small but I think it’s Pretty cool so I want to give it a mention — if you desire, you can have Payhip stamp the purchaser’s email address to the upper left corner of every page of a PDF document they’ve bought.
So if someone plans to buy your PDF Book then make it publicly available for free somewhere else, they will have to be fine with their private email address being accessible as well. I believe that’s a way of deterring pirating.
Upload Most Kinds of Files
Payhip is a market for ebooks — You can upload any kind of electronic file. Font files, video/audio documents, photographs, software, etc..
Overall Simplicity and Modern Design
1 thing that can not be overlooked whenever You are selling something is how current your website looks. People generally don’t trust myself included. If a website looks like it hasn’t been updated since the web 2.0 days, I begin to wonder if perhaps I am in an abandoned construction and putting my payment info to it would pretty much be like throwing my money into a black hole.
That’s not the case with Payhip though. The Website has a design. This is what you’d expect a checkout page by a trusted business to appear like, In the event that you were to buy a digital merchandise on the world wide web. How To Sell Ebooks
Another thing I like about Payhip is its own Overall simplicity. From the a visitor lands on your product page, Payhip remains out of the way. They display your graphics, sales copy, and just the crucial information (such as price.) They do nothing to interfere with your sale — no.
Finally, what I enjoy about Payhip is That they do not store customer payment information, meaning your customers’ payment details are safe. The payment is totally handled through PayPal or Stripe, and I prefer it this way because they are large, successful companies with lots 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 service and would like to see enhanced…
No Mobile App
1 thing that bugs me about Payhip is that They do not possess a mobile program. It would be convenient to be able to start an app while I am out and about and have a look. You may log in to the website and do so, but the website isn’t even optimized for mobile devices.
I like Payhip, but that is a really Lousy appearance in 2018. There is no reason you should not have a website optimized for mobile, and when you have that, you should be able to easily turn the site itself right into it’s own program so users don’t need to manually sign in every time they want to inspect sales information. Let users of Payhip encounter a platform when they’re on their devices.
No Upsells or Add-Ons In Checkout
On the checkout page, I’d really like to see an ability to suggest Other products similar to what the client is about to purchase. By way of instance, if they are buying a bundle of templates for $5, then I could offer a bundle of business card templates or suggest. This is something which websites like VistaPrint and Amazon do very well.
I can not help but feel like there’s a lot of money being left on the Table — for myself and Payhip — with no functionality. This could improve the Payhip experience for both the customer and the seller.
Set On A Fixed Timezone
This one is largely frivolous, but I had still Prefer to see it corrected.
Considering that Payhip is located in London, they have BST was set to by the working timezone for the site. Since I am located in the EST, I will occasionally check my stats at 7PM or afterwards and see that I made 0 earnings for the day because Payhip thinks it’s midnight and its information reveals that.
This is a non-issue, however I Would love to see the capability to correct the website to your timezone. How To Sell Ebooks
More Flexibility with Coupon Codes
I know I raved about the coupon Code feature but it’s not perfect.
As it stands, the sole advertising You’re able to run via a voucher code is to get a percentage off. I’d love to be able to supply a dollar amount to set a sale price that is predetermined.
At the moment, if I Need to place a product On sale for $10, I must break out the calculator and manually do the math to determine what percentage off would leave the last cost. I believe this is unnecessary and could be improved.
When creating A brand new product in Payhip, you have access to advanced alternatives which include —
- Make your merchandise private.
- Add an ISBN (Internation Standard Book Number) for your eBook.
- Upload sample pages or a preview.
- To how many copies of your product or eBook could be, Insert a limitation number sold.
- Generate a license key for all your product/eBook revenue.
Just how much does it cost?
Payhip will Cost you or even host your digital products. The site takes just 5 percent commission per transaction fee.
Would I Recommend Payhip?
This leaves us with the burning question: after 2+ years as a vendor on Payhip, would you recommend it? Overall, yes. I am very much a happy client, but whether or not you ought to use it depends on your situation.
If you’re a blogger with a small audience And you can not justify spending $10+ per month for something such as Gumroad, then yes, I would recommend Payhip. In case you know that you’ll be doing at least $ 1,000 in sales each month and sell a merchandise or have a huge audience, you might want to look into something.
As of this date of the writing, Payhip functions On a flat fee of 5% of every sale. Gumroad’s fee is now 3.5% + $0.30 per transaction + $10 per month.
If you are going to be promoting $1,000 a month in total volume, the math should (in most cases) favor Payhip. But if you’re selling well into the thousands, you’ll probably want to go with Gumroad or look into some other alternative. That is dependent on the number of transactions it requires to achieve those sales numbers so be sure that you crunch the numbers.
Personally, I absolutely love the Payhip Expertise and am thankful for their solutions. I want to see them continue to grow and succeed. How To Sell Ebooks