Background How To Sell Instant Downloads
Of All of the ways of monetizing Articles that is blog, my method is Such as studying materials and design templates, to create and sell products. I’ve found that it is extraordinarily more profitable than running advertisements and products convert at a significantly greater rate compared to an affiliate product that somebody else created. The support I use to ease this is Payhip, and in this post I’ll be sharing what I both like and dislike about the service based in my Payhip expertise for a vendor for two + years. How To Sell Instant Downloads
My Payhip Experience
If you’ve ever wanted to market digital products Through your own website, you’ll want a way to facilitate transactions — some kind of infrastructure that will allow a customer to select your product, cover it, and have it instantaneously delivered to them with complete hands-off automation. Payhip solves this problem.
What is Payhip?
Payhip is An e-commerce platform/website that gives customers with solutions and the simplest tools for promoting products directly to their clients and hosting online.
The company Was co-founded by Abs Farah and Kahin Farah and is currently based in my capital city of London.
Which are the benefits of utilizing Payhip?
Each online Platform differs, and I’ve used a few of them in the past.
For me personally, having A platform that is really simple to use and one that does not take a huge amount of my time is of paramount importance.
Payhip will Save you a great deal of time because everything is taken care of on the Payhip platform.
The Advantages that I’ve gained the most from using Payhip include –
- EU VAT is taken care of, and it is a big plus in my book.
- Affordable. The website takes zero charges asides From 5 percent per trade when you sell a product.
- Accessibility to analytics reports.
- Access to advertising tools. You have the option to create Coupons and social discounts.
- Ability to signup, manage and reward your own affiliates.
- Access to merchandise sharing tools. Plus it is possible to embed Buy and your merchandise Now buttons on your own site or blog.
- The Capacity to set mailing lists so that your clients can Subscribe and remain current with your digital products, and much more.
- Immediate digital merchandise delivery via email link for customers.
What I Enjoy About Payhip
Let’s get to the details. Following my 2+ year Payhip expertise, Here Is What I really like about the ceremony…
Upgrades Are Instantaneous
Payhip let us your customers pay with PayPal Or from credit/debit card with Stripe, and they do not pay out monthly/weekly/quarterly or force you to wait around for them to clear some kind of holding period. When a customer makes a purchase, the money is immediately available on your accounts, and in case you have the PayPal and Stripe apps installed on your mobile device, you’ll receive notifications whenever a sale occurs. How To Sell Instant Downloads
I happen to love this. The excitement of Seeing a sale never gets old. In addition, it is good to awake in the morning, reach to your phone, and also see you made X number of dollars while you were sleeping, and it is all easily available for you to spend. The caveat to this can be Stripe. If your customers pays by card using Stripe, there’ll be a 3 day hold before the money is available. This is all Stripe however — Payhip doesn’t hold your cash in any way.
No Monthly Charges
Among those things that Payhip originally sold me on is that there’s no Monthly fees or setup charges — only a simple flat charge of 5 percent per sale.
This was attractive to me back in 2016 Since, at the time, my readership was less than 1/10th of what it is now, and that I was not positive I was likely to consistently sell enough product to warrant paying a monthly fee for a similar service such as Gumroad. As a relatively new blogger with a little audience, Payhip was the no-risk solution that best fit my situation.
Easy To Understand Analytics
Payhip’s back end offers an page That lets you view transactions and earnings quantities relative to this day, week, month, year, or any other given selection. Best of all, it is a report that is simple and to-the-point.
If you used Google Analytics or Facebook analytics, the amount of data you are instantly smacked in the face with can be a bit overwhelming, and a lot of it’s mostly useless too. Payhip just provides you what you are there to see — revenue data. Nothing more, nothing less.
Run Promotions with Coupon Codes
Another benefit users of Payhip encounter is Promotions to run by producing coupon codes.
The codes may be for almost any percentage you would Enjoy and for any (or all) products. They can run for any duration you want (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 helpful. Sometimes I’ll run a weekend promotion, 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 Instant Downloads
Your Own Affiliate Program
Payhip Provides you the ability Readers register as an affiliate of your store, and you are able to award if someone purchases a product with their customized affiliate link.
This is useful because it allows Men and Women To sell your merchandise for you, and if they have a stage and an audience of their own that they can tap to, the commissions paid will be worthwhile.
Easy Integration with Email Marketing
You’ll be, if you are into email marketing Able to readily incorporate Payhip with your chosen email advertising supplier so that if a purchase is made, the email address of the purchaser could be added to a listing.
That is relatively small but I think it’s Pretty cool so I wish to give it a reference — if you desire, you’ll have Payhip postage the buyer’s email address to the upper left corner of every page of a PDF document they’ve purchased.
So if someone intends to Purchase Your PDF Book subsequently make it publicly accessible for free somewhere else, they’ll need to be fine with their personal email address being accessible also. I think that’s a creative means of deterring pirating.
Upload Most Sorts of Files
Payhip is a marketplace for ebooks — You can upload any kind of digital file. Font files, video/audio documents, photos, software, etc..
Overall Simplicity and Modern Design
One thing that can not be overlooked whenever You’re selling something is the way present your site appears. People generally don’t trust sites which look outdated, myself included. If a website looks like it hasn’t been upgraded since the web 2.0 times, then I start to wonder if maybe I am in an abandoned building and putting my payment information to it’d pretty much be like throwing my money into a black hole.
That is not true with Payhip though. The Website has a design that is simple and very contemporary. This is what you’d expect a checkout page from a trusted company to look like if you should purchase a product on the internet. How To Sell Instant Downloads
Another thing I like about Payhip is its Overall simplicity. From the a visitor lands on your product page, Payhip remains out of the way. They display your images, sales copy, and just the crucial info (such as price.) They do nothing to interfere with your purchase — no self-promotion whatsoever.
Finally, what I actually like about Payhip is That they don’t store customer payment information, meaning your clients’ payment details are secure. The payment is handled through Stripe or PayPal, and I prefer it that way because they’re large, successful companies with a lot 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 around Payhip is that They do not possess a mobile program. It would be convenient to be able to open an app and have a look during my earnings data while I’m out and around. You can log in to the website and do this, but the site is optimized for mobile devices.
I enjoy Payhip, but this is a really Bad look in 2018. There’s 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 do not have to manually register in each time they want to check sales information. Permit users of Payhip encounter a platform when they are on their mobile devices.
No Upsells or Add-Ons In Checkout
On the checkout page, I would like to see an ability to suggest Other products. If they are purchasing a package of templates for $5, I might provide a package of business card templates or propose some other similar product that could interest them that they previously didn’t know about. This is something which websites like VistaPrint and Amazon do very well.
I can not help but feel like there is a lot of money Table — for myself and Payhip — without this functionality. This could improve the Payhip encounter for both the seller and the customer.
Set On A Fixed Timezone
This one is frivolous, but I Prefer to see it corrected.
Since Payhip is located at London, they’ve BST was place to by the working timezone for the whole website. Since I am located in the EST, I’ll occasionally check my stats at 7PM or afterwards and see that I left 0 sales for the day since Payhip believes it’s midnight and its information reflects that.
This is mostly a non-issue, but I Would like to see that the capability to adjust the website to your timezone. How To Sell Instant Downloads
More Flexibility with Coupon Codes
I know I raved about the voucher It’s not quite perfect just yet, although code feature earlier.
As it currently stands, the sole advertising You can run through a coupon code. Ideally, I’d like to have the ability to offer a dollar amount to set a sale price that is specified.
Right Now, if I Need to put a $27 product Available for $10, I have to break out the calculator and manually do the math to determine what percentage off will leave the price. I think that is unnecessary and could be improved.
When creating A new product in Payhip, you have access to advanced options which include —
- Make your merchandise personal.
- Add an ISBN (Internation Standard Book Number) to your eBook.
- Upload sample pages or a preview.
- To the number of copies of your product or market can be add a limitation amount sold.
- Create a license key that is exceptional .
How much does it cost?
Payhip will Cost you to set up or even host your digital products. The site takes just 5% commission per transaction fee.
Would I Recommend Payhip?
This leaves us with the burning question: after two + years as a seller on Payhip, do you recommend it? Total, yes. I am a satisfied customer, but whether you should use it depends upon your situation.
If you’re a blogger with a small audience And you can not justify spending $10+ per month to get something such as Gumroad, then yes, I would recommend Payhip. If you have a massive audience or sell a high-ticket merchandise and know you’ll do at least $1,000 in sales every month, you might want to check into something.
As of this date of the writing, Payhip works On a set fee of 5 percent of each sale. Gumroad’s fee is now 3.5% + $0.30 per transaction + $10 per month.
If you are going to be selling $1,000 a month in total volume, the math should (in most cases) favor Payhip. But if you’re selling into the thousands, you are probably going to need to go with Gumroad or start looking into some choice. This is mostly dependent on the number of transactions it takes to achieve those sales numbers though, so make sure to crunch the numbers.
Personally, I absolutely love the Payhip Expertise and am grateful for their solutions. I want to see them continue to grow and succeed. How To Sell Instant Downloads