Background How To Sell Large Digital Files On Etsy
Of All of the ways of Creating content, my favorite method is Such as learning materials and design templates to create and sell products. I’ve discovered that it is extraordinarily more rewarding than running ads and self explanatory products convert at a greater rate compared to an affiliate product that someone else created. The service I use to ease this can be Payhip, and this post I will be sharing what I both like and dislike about the ceremony based in my Payhip expertise for a vendor for two + years. How To Sell Large Digital Files On Etsy
My Payhip Experience
If you wanted to sell products Through your own site, you’ll need a way to facilitate transactions — some sort of infrastructure which will enable 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.
What is Payhip?
Payhip is An that provides users with options and the tools for hosting and promoting products straight 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.
Which are the advantages of using Payhip?
Each online Platform is different, and I’ve used a few of them previously.
Having A stage that is really simple to use and one that doesn’t require a massive amount of my precious time is of utmost importance.
Payhip will Save you a great deal 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 cared for, which can be a big plus in my book.
- Affordable. The site takes zero charges asides From 5 percent per trade when you sell a item that is digital.
- Accessibility to analytics reports.
- Access to marketing tools. You have the option to create Social and Coupons discounts.
- Ability to signup, handle and reward your own affiliates.
- Access to product sharing programs . Plus it is possible to embed Your merchandise and purchase Now buttons on blog or your site.
- The Capacity to setup mailing lists so that your clients can Subscribe and remain up to date with your goods, and much more.
- Instant digital merchandise shipping via email link for buyers.
What I Enjoy About Payhip
Let’s get to the details. After my two year Payhip experience, Here Is What I really like about the service…
Payments Are Instantaneous
Payhip let’s your customers pay with PayPal Or from credit/debit card with Stripe, plus they don’t cover monthly/weekly/quarterly or force you to wait for them to clear some sort of holding period. When a customer makes a purchase, the cash is immediately available in your account, and in case you have the PayPal and Stripe apps installed on your mobile device, you are going to receive notifications whenever a sale happens. How To Sell Large Digital Files On Etsy
I happen to love this. The excitement of Seeing a brand new sale never gets old. It’s also good to wake up in the morning, reach to your telephone, and also see that you made X number of dollars while you were sleeping, and it is all readily available for you to spend. The caveat to this is Stripe. If your clients pays by card using Stripe, there’ll be a 3 day hold before the cash is available. This is all Stripe however — Payhip doesn’t hold your cash in any way.
No Monthly Charges
One of the things that Payhip initially sold me on is that there is 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 moment, my readership was less than 1/10th of what it is now, and that I wasn’t positive 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 audience, Payhip was the no-risk solution that best fit my situation.
Easy To Understand Analytics
Payhip’s back end offers an page That enables you to see trades and earnings quantities relative to this day, month, week, year, or any other given range. Best of all, it’s a to-the-point and simple report.
If you have ever used Google Analytics or Facebook analytics, the amount of information you’re immediately smacked in the face with can be a bit overwhelming, and a lot of it is largely useless too. Payhip just gives you exactly what you’re there to see — sales information. Nothing more, nothing less.
Run Promotions with Coupon Codes
Another benefit users of Payhip experience is By producing coupon codes, promotions to run.
The codes may be Enjoy and for any (or all) products. They could run for whatever duration you want (or even indefinitely,) along with the code itself can even be customized to whatever string of text you desire.
I’ve found this to be very useful. Occasionally I will run a weekend promotion, place it on Facebook raise the article targeting a pixel re-marketing audience and I don’t fail to go ROI positive by it. People do respond to limited time offers. How To Sell Large Digital Files On Etsy
Your Own Affiliate Program
Payhip gives you the ability to let your Readers sign up as an affiliate of your shop, and you can award if someone buys a product with their customized affiliate link.
This is useful because it allows people To sell your merchandise the commissions paid will be worth it and should they have a platform and an audience of their own they can tap to.
Easy Integration with Email Marketing
You’ll be, if you’re into advertising Able to readily incorporate Payhip with your email marketing provider that is preferred so that if a sale is made, the purchaser’s email address could be added into a listing that is selected.
That is relatively small but I think it’s Pretty cool so I want to give it a reference — if you so desire, you can have Payhip postage the buyer’s email address to the upper left corner of each page of a PDF document they have purchased.
So if someone intends to Purchase Your PDF Book then make it publicly available for free they will need to be fine with their private email address being available also. I think that is a way of deterring pirating.
Upload Most Sorts of Files
Payhip is a market for ebooks — You can upload virtually any sort of 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. People generally don’t trust sites which look obsolete, myself included. If a site looks like it hasn’t been updated because the web 2.0 days, I start to wonder if maybe I am in an abandoned building and placing my payment information to it’d pretty much be like throwing my money into a black hole.
That’s not the case with Payhip though. The Site has a easy and very modern layout. This is what you would expect a checkout page from a trusted company, In the event that you were to buy a digital product on the world wide web. How To Sell Large Digital Files On Etsy
Another thing I enjoy about Payhip is its Overall simplicity. In the very moment a visitor lands on your product page, Payhip stays out of the way. They display your graphics, 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 actually enjoy about Payhip is That they do not store customer payment information, meaning that your customers’ payment details are secure. The payment is handled through Stripe or PayPal, and I prefer it this way as they’re successful 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 items that I dislike about the service and would like to see enhanced…
No Mobile App
One thing that bugs me about Payhip is that They do not have a mobile app. It would be convenient to have the ability to start an app and take a look during my data while I’m out and about. The site isn’t optimized for mobile devices, although you do this and can log into the site.
I like Payhip, but this is a really Lousy appearance in 2018. There’s no reason you shouldn’t 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 don’t need to manually sign in each time they would like to check sales data. Let users of Payhip encounter a much better platform when they are on their devices.
No Upsells or Add-Ons In Checkout
On the checkout page, I’d really like to see an added ability to suggest Other products similar to what the client is going to purchase. By way of example, if they are buying a package of templates for $5, then I propose some other product which may interest them that they didn’t know about, or could provide a package of business card templates to get a couple of dollars. This is something that sites like VistaPrint and Amazon do well.
I can’t help but feel as though there’s a lot of money being left on the Table — for both myself and Payhip — with no functionality. This may enhance the Payhip experience for both the client and the seller.
Establish On A Fixed Timezone
This one is mostly frivolous, but I Prefer to see it corrected.
Since Payhip is located in London, they have BST was place to by The functioning timezone for the entire website. Since I’m found in the EST, I will sometimes check my analytics at 7PM or later and see that I made 0 earnings for the day because Payhip believes it’s midnight and its information reveals that.
This is a non-issue, but I Would like to observe the capability to adjust the site to your timezone. How To Sell Large Digital Files On Etsy
More Flexibility with Coupon Codes
I know I raved about the coupon Code feature earlier, but it’s not quite perfect.
As it stands, the only advertising You can run via a voucher code. I’d love to be able to offer a dollar amount from the cost, or the ability to set a specified sale price.
At the moment, if I want to put a merchandise On sale for $10, manually do the math to determine what percentage off will leave the last cost and I have to break out the calculator. I think this is unnecessary and could be made better.
When creating A new product in Payhip, you have access to advanced alternatives which include —
- Make your merchandise personal.
- Insert an ISBN (Internation Standard Book Number) to your eBook.
- Upload a few preview or sample pages.
- Add a limit amount to how many copies of market or your product could be sold.
- Generate a license key .
Just how much does this cost?
Payhip will Cost you to set up or host your electronic products. The website takes just 5 percent commission per transaction fee.
Can I Recommend Payhip?
This leaves us with the burning question: after 2+ years as a seller on Payhip, would you recommend it? Total, yes. I am a client, but whether or not you ought to use it depends on your own situation.
If you’re a new blogger with a small audience And you can’t justify spending $10+ a month for something such as Gumroad, then yes, I would absolutely recommend Payhip. But if you have a huge audience or market a merchandise and know you’ll do at least $1,000 in sales each month, you may want to look into something.
As of this date of the writing, Payhip works On a flat fee of 5 percent of every sale. Gumroad’s fee is now 3.5% + $0.30 per transaction + $10 per month.
If you are going to be promoting less than $1,000 a month in total volume, the math should (typically ) prefer Payhip. But if you’re selling into the thousands, you’ll probably need to go with Gumroad or look into some other choice. That is all dependent on the number of transactions it takes to achieve those sales numbers, however, so be certain that you crunch the numbers for yourself.
Personally, I love the Payhip Experience and am really grateful for their services. I want to see them continue to grow and succeed. How To Sell Large Digital Files On Etsy