Background How To Sell On Payhip
Of All of the ways of Creating Articles, my favorite method is Such as learning materials and layout templates to create and sell products. I have found that it’s extraordinarily rewarding than running advertisements from networks such as AdSense, and self-made products convert at a greater speed compared to an affiliate product that someone else created. The service I use to ease this is Payhip, and in this article I will be sharing what I both like and dislike about the service based on my Payhip expertise as a seller for two + years. How To Sell On Payhip
My Payhip Experience
If you wanted to market digital products Through your own site, you are going to need a means to facilitate trades — some kind of infrastructure which will enable a client to select your goods, cover it, and have it instantaneously delivered to them with complete hands-off automation. Payhip solves this problem.
Payhip is An e-commerce platform/website that provides customers with options and the easiest tools for hosting and promoting products to their customers online.
The Provider Was co-founded by Abs Farah and Kahin Farah and is currently based in my capital city of London.
What are the advantages of using Payhip?
Each online Platform differs, and I’ve used a couple of these previously.
For me, having A stage that is simple to use and one that does not take a massive amount of my time is of paramount significance.
Payhip will Save a lot of time because everything is taken care of on the Payhip platform.
The Advantages that I’ve gained the most from utilizing Payhip include –
- EU VAT is cared for, and it can be a huge plus in my book.
- Affordable. The site takes zero fees asides From 5 percent per trade when you sell a product.
- Access to analytics reports.
- Access to marketing tools. You have the option to make Coupons and societal discounts.
- Ability to signup, manage and reward your own affiliates.
- Access to merchandise sharing programs . Plus you can embed Your merchandise and purchase Now buttons right on your own website or blog.
- The ability to set mailing lists so that your customers can Subscribe and stay current with your digital goods, and much more.
- Instant digital product shipping via email link for buyers.
What I Like About Payhip
Let us get to the information. After my 2+ year Payhip expertise, here’s what I love about the service…
Payments Are Instantaneous
Payhip let us 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 money is instantly available on your accounts, and in case you have the PayPal and Stripe programs installed on your mobile device, you are going to receive notifications each time a sale occurs. How To Sell On Payhip
I happen to appreciate this. The excitement of Seeing a sale that is brand new never gets older. It’s also great to awake in the morning, reach to your phone, and see that you made X amount of dollars while you’re sleeping, and it is all easily available for you to spend. The caveat to this can be Stripe. If your customers card with Stripe, there’ll be a 3 day hold before the money is available. That is all Stripe though — Payhip does not hold your cash at all.
No Monthly Fees
Among the things that Payhip initially sold me on is that there is no Monthly fees or setup charges — just a simple flat charge of 5 percent per sale.
This was attractive to me back in 2016 Because, at the moment, my readership was 1/10th of what it’s now, and that I was not positive that I was likely to always sell enough product to warrant paying a monthly fee for a similar service such as Gumroad. As a relatively new blogger with a little crowd, Payhip was the no-risk solution that best fit my scenario.
Easy To Know Analytics
Payhip’s back end Provides an page That lets you view trades and earnings quantities relative to the day, week, month, year, or any other specified selection. Best of all, it is a report.
If you used Google Analytics or Facebook analytics, the number of information you’re immediately smacked in the face with can be a bit overwhelming, and a lot of it is largely useless also. Payhip just provides you exactly what you’re there to view — sales information. Nothing more, nothing less.
Run Promotions with Coupon Codes
Another advantage users of Payhip encounter is The ability to conduct promotions by producing coupon codes.
The codes may be Enjoy and for any (or all) products. They could run for any duration you’d like (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 useful. Sometimes I will run a weekend marketing, post it on Facebook, then raise the post targeting a pixel re-marketing audience and I never fail to go ROI positive by it. People truly do respond well to limited time offers. How To Sell On Payhip
Your Own Affiliate Program
Payhip Provides you the capability Readers sign up as an affiliate of your shop, and you are able to award them a commission of whatever percent you’d like whenever someone purchases a product using their custom affiliate link.
This is useful because it allows Men and Women To market your products for you, the commissions paid will be well worth it, and if they have a stage and an audience of their own they can tap to.
Easy Integration with Email Marketing
You’ll be, if you are into advertising Able to integrate Payhip along with your email marketing supplier so that a purchase is made, the buyer’s email address can be added to a selected listing.
This is minor but I think it’s Pretty cool so I wish to give it a mention — if you so desire, you can have Payhip stamp the purchaser’s email address into the top left corner of each page of a PDF document they have bought.
So if someone plans to Purchase Your PDF Publication subsequently make it publicly available for free they will need to be okay with their email address being available. I believe that is a really creative way of deterring pirating.
Upload Many Sorts of Files
Payhip is a marketplace for ebooks — It’s possible to upload just about any kind of electronic file. Font files, video/audio files, photographs, software, etc..
Overall Simplicity and Modern Design
One thing that can’t be overlooked whenever You’re selling something is your site appears. Individuals do not trust websites which look outdated, myself included. If a site looks like it hasn’t been upgraded since the web 2.0 days, I begin to wonder if maybe I’m in an abandoned building and putting my payment info into it would pretty much be just like throwing my money into a black hole.
That’s not the case with Payhip though. The Website has a very modern and simple layout. This is exactly what you’d expect a checkout page by a trusted business, In the event that you were to purchase a merchandise on the world wide web. How To Sell On Payhip
Another thing I like about Payhip is its own In general simplicity. From the a visitor lands on your product page, Payhip stays out of the way. They display your images, sales copy, and just the critical information (such as price.) They do absolutely nothing to interfere with your sale — no.
Eventually, what I enjoy about Payhip is That they don’t store customer payment info, meaning that your customers’ payment details are secure. The payment is managed through Stripe or PayPal, and I prefer it that way as they are successful companies with a lot of money to spend on security.
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 ceremony and would like to see improved…
No Mobile App
1 thing that bugs me about Payhip is that They don’t have a mobile app. It would be convenient to be able to start an app while I’m out and around, and take a look. The website is optimized for mobile devices, although you do this and can log into the website.
I like Payhip, but that is a really Bad appearance in 2018. There’s no reason you shouldn’t have a website optimized for mobile, and once you have that, you should be able to easily turn the site itself into it’s own app so users don’t have to manually register in each time they would like to check sales data. 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 really like to see an capability that is added to indicate Other products. If they’re purchasing a package of templates for $5, then I could provide a package of business card templates for a few dollars, or propose some other similar product which may interest them that they didn’t know about. This is something that sites like Amazon and VistaPrint do very well.
I can’t help but feel like there is a lot of money being left on the Table — for both myself and Payhip — without this operation. This may enhance the Payhip experience for both the seller and the customer.
Establish On A Fixed Timezone
This one is frivolous, but I’d still Prefer to see it corrected.
Since Payhip is located at London, they’ve The timezone for the entire site set to BST. Since I’m located in the EST, I’ll occasionally check my analytics at 7PM or later and see that I made 0 sales for the day because Payhip believes it is midnight and its information reflects that.
Again, this is a non-issue, however I Would like to see the capability to correct the site to your timezone. How To Sell On Payhip
More Flexibility with Coupon Codes
I know I raved about the voucher It is not quite perfect, although Code attribute earlier.
As it stands, the promotion You’re able to run through a voucher code. Ideally, I’d love to be able to offer a dollar amount to set a sale price.
Right Now, if I Need to put a product that is $27 On sale for $10, I have to break out the calculator and do the math to figure out what percent off would leave the last price. I think that is unnecessary and could be improved.
When creating A new product in Payhip, you also have access to advanced options which include —
- Make your merchandise personal.
- Add an ISBN (Internation Standard Book Number) for your eBook.
- Upload sample pages or a preview.
- To the number of copies of your product or eBook could be, Insert a limitation amount sold.
- Generate a license key for each of your product/eBook revenue.
How much does it cost?
Payhip will Cost you or even host your digital products. The site takes only 5% commission per transaction fee.
Would I Recommend Payhip?
This leaves us with the burning question: after 2years as a vendor on Payhip, would you recommend it? Total, yes. I am very much a client, but whether or not you should use it depends on your own situation.
If you are a new blogger with a small audience And you can not justify spending $10+ per month for something like Gumroad, then yes, I would recommend Payhip. If you have a massive audience or sell a product and know you’ll be doing at least $1,000 in sales every month, you might want to check into something.
As of this date of this 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 less than $1,000 per month in total volume, the math should (in most cases) favor Payhip. But if you’re selling well into the thousands, you want to go with Gumroad or look into another choice. That is largely dependent on the number of transactions it takes to reach those sales numbers, however, so be sure to crunch the numbers for yourself.
Personally, I absolutely love the Payhip Experience and am very thankful for their solutions. I would like to see them continue to grow and succeed. How To Sell On Payhip