Intro How To Sell Your Ebook Online
Of All of the ways of Creating Articles, my favorite method is To make and sell products such as learning design templates and materials. I have found that it’s extraordinarily profitable than running advertisements and self explanatory products convert at a higher rate than an affiliate product that someone else created. The service I use to ease this is Payhip, and in this post I’ll be sharing what I both like and dislike about the ceremony based on my Payhip experience as a seller for 2+ years. How To Sell Your Ebook Online
My Payhip Experience
If you’ve ever wanted to sell products Through your own website, you are going to want a way to facilitate trades — some sort of infrastructure which will enable a customer to select your goods, pay for it, and also have it instantaneously delivered to them with whole hands-off automation. Payhip solves this issue.
What is Payhip?
Payhip is An e-commerce platform/website that gives customers with the easiest tools and options for promoting digital products 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 differs, and I’ve used a few of them previously.
Having A platform that is really simple to use and one that does not take a massive amount of my valuable time is of utmost importance.
Payhip will Save a great deal of time because everything is cared for on the Payhip platform.
The Advantages that I’ve gained the most from utilizing Payhip comprise –
- EU VAT is cared for, and it is a huge plus in my book.
- Affordable. The site takes zero charges asides From 5 percent per transaction when you sell a digital product.
- Accessibility to analytics reports.
- Access to marketing tools. You have the option to make Social and Coupons discounts.
- Capability to signup, manage and reward your own affiliates.
- Access to product sharing programs . Plus it is possible to embed Purchase and your merchandise Now buttons directly on blog or your website.
- The Capacity to set mailing lists so that your clients can Subscribe and remain current with your electronic goods, and much more.
- Instant digital product shipping via email link for buyers.
What I Like About Payhip
Let’s get to the information. After my two + year Payhip expertise, here’s what I love about the ceremony…
Upgrades Are Instantaneous
Payhip let us your customers pay with PayPal Or by credit/debit card using Stripe, plus they don’t cover monthly/weekly/quarterly or make you wait around for them to clear some sort of holding period. When a client makes a purchase, the money is immediately available on your accounts, and if you have the PayPal and also Stripe programs installed on your mobile device, you are going to receive notifications whenever a sale happens. How To Sell Your Ebook Online
I happen to appreciate this. The excitement of Seeing a sale never gets old. It’s also good to awake in the morning, reach for your telephone, and also see that you made X amount of dollars while you’re sleeping, and it’s all easily available for you to spend. The only caveat to this is Stripe. If your clients card using Stripe, there will be a 3 day hold until the money is available. That is Stripe however — Payhip doesn’t hold your cash at all.
No Monthly Charges
Among those things that Payhip initially sold me is that there’s no Monthly fees or setup charges — only a simple flat charge of 5 percent per purchase .
This was attractive to me Since, 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 justify paying a monthly fee for a similar service such as Gumroad. As a relatively new blogger having a small audience, Payhip was the quickest solution that best fit my situation.
Easy To Know Analytics
Payhip’s back end Provides an page That enables you to see trades and earnings amounts relative to this day, month, week, year, or some other specified selection. Best of all, it’s a report that is really straightforward and to-the-point.
If you used Google Analytics or Facebook analytics, the number of data you are immediately smacked in the face can be a bit overwhelming, and lots of it’s mostly useless too. Payhip just gives you what you are there to see — revenue data. Nothing more, nothing less.
Run Promotions with Coupon Codes
Another benefit users of Payhip experience is By creating coupon codes promotions to run.
The codes may be for almost any percentage you would Like and for any (or all) products. They can run for whatever duration you want (or even permanently,) along with the code itself may even be customized to whatever string of text you desire.
I’ve found this to be very helpful. Sometimes I’ll conduct a weekend marketing, place it on Facebook, then raise the post targeting a pixel audience that is re-marketing and I don’t fail to go ROI positive with it. People do respond to limited time offers. How To Sell Your Ebook Online
Your Own Affiliate Program
Payhip gives you the capability Readers register as an affiliate of your store, and if someone purchases a product with their custom affiliate link, you are able to grant.
This is useful because it allows other Men and Women To market your merchandise for you, the commissions paid will be worthwhile 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 easily integrate Payhip along with your email marketing provider that is preferred so that whenever a sale is made, the email address of the purchaser can be added to a listing that is selected.
This is minor but I think it’s Pretty cool so I wish to give it a mention — if you desire, you’ll have Payhip stamp the buyer’s email address to the upper left corner of every page of a PDF document they’ve bought.
So if someone intends to Purchase Your PDF Book make it accessible for free they will have to be fine with their personal email address being publicly available also. I believe that is a means of deterring pirating.
Upload Many Kinds of Files
Payhip is a market for ebooks — It’s possible to upload any sort of file. Font files, video/audio files, photos, software, etc..
Overall Simplicity and Modern Design
One thing that can not be overlooked whenever You are selling something is your website looks. People don’t trust sites which look obsolete, myself included. If a website looks like it hasn’t been updated since the web 2.0 times, then I start to wonder if perhaps I’m in an abandoned building and placing my payment information into it would pretty much be like throwing my money into a black hole.
That is not the case with Payhip though. The Site has a layout that is easy and very contemporary. If you were to purchase a digital product this is what you would expect a checkout page from a company. How To Sell Your Ebook Online
Another thing that I enjoy about Payhip is its In general simplicity. In the a visitor lands on your product page, Payhip remains out of the way. They display your graphics, sales copy, and only the critical info (such as price.) They do nothing to interfere with your sale — no.
Eventually, what I enjoy about Payhip is That they do not store customer payment information, meaning that your customers’ payment details are secure. The payment is completely managed through Stripe or PayPal, and I prefer it this way because they are large, successful companies with a lot of cash to invest on security.
What I Dislike About Payhip
As much as I like Payhip, it’s far from perfect. Here are some items that I dislike about the ceremony and would like to see improved…
No Mobile App
One thing that bugs me about Payhip is that They don’t have a app. It’d be convenient to be able to start an app while I’m out and about and take a look. The site isn’t even optimized for mobile devices, although you do so and may log into the site.
I like Payhip, but that is a really Bad appearance in 2018. There is no reason you should not have a site optimized for mobile, and once you have that, you ought to be able to easily turn the site itself right into it’s own app so users do not need to manually register in each time they want to check sales information. Users of Payhip encounter a platform when they are on their devices.
No Upsells or Add-Ons In Checkout
On the checkout page, I would like to see an Extra capability to suggest Other products similar to what the client is about to purchase. For example, if they’re buying a package of templates for $5, then I suggest some other product that may interest them that they previously didn’t know about, or could offer a package of business card templates to get a few dollars. This is something that websites like Amazon and VistaPrint do.
I can not help but feel like there’s a lot of money being left on the Table — for myself and Payhip — with no operation. This could enhance the Payhip encounter for both the vendor and the customer.
Establish On A Fixed Timezone
This one is frivolous, but I’d still Prefer to see it fixed.
Since Payhip is located in London, they have The timezone for the entire website set to BST. Since I’m located in the EST, I will occasionally check my analytics at 7PM or afterwards and see that I left 0 earnings for the day because Payhip thinks it is midnight and its own information reveals that.
Again, this is a non-issue, but I Would like to observe that the capability to adjust the site. How To Sell Your Ebook Online
More Flexibility with Coupon Codes
I know I raved about the coupon It is not perfect yet, although code feature earlier.
As it stands, the sole promotion You’re able to run via a coupon code. Ideally, I’d like to have the ability to supply a dollar amount to set a sale price that is predetermined.
At the moment, if I want to put a $27 merchandise On sale for $10, I must break out the calculator and do the math to figure out what percent off will render the price. I believe that is unnecessary and could be improved.
When creating A brand new product in Payhip, you have access to advanced alternatives including —
- Make your merchandise personal.
- Insert an ISBN (Internation Standard Book Number) for your eBook.
- Upload sample pages or a few preview.
- To how many copies of market or your product could be add a limit amount sold.
- Generate a license key that is unique for each of your product/eBook sales.
How much does it cost?
Payhip will Cost you or even host your electronic products. The website takes just 5 percent commission per trade fee.
Would I Recommend Payhip?
This leaves us with the burning question: after 2years as a vendor on Payhip, would you recommend it? Overall, yes. I am a customer, but whether you ought to use it depends on your 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. However, if you know you’ll do at least $ 1,000 in sales each month and sell a merchandise that is high-ticket or have a massive audience, you may want to check into something.
As of this date of the writing, Payhip functions On a set fee of 5 percent of each 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 (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. This is mostly dependent on how many transactions it requires to reach those sales numbers though, so be sure to crunch the numbers.
Personally, I love the Payhip Experience and am grateful for their solutions. I want to see them continue to grow and succeed. How To Sell Your Ebook Online