Introduction Icecream Ebook Reader
Of all the ways of monetizing blog Articles, my favorite Strategy is Such as learning materials and layout templates to create and sell products. I’ve found that it is extraordinarily more profitable than running ads from networks like AdSense, and products convert at a significantly higher rate compared to an affiliate product that someone else created. The service I use to facilitate this can be Payhip, and in this article I’ll be discussing what I like and dislike about the service based in my Payhip experience for a seller for 2+ years. Icecream Ebook Reader
My Payhip Expertise
If you have ever wanted to sell products Through your own website, you are going to need a way to facilitate trades — some sort of infrastructure which will enable a customer 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 solutions and the easiest tools for hosting and promoting electronic 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 is different, and I’ve used a couple of them in the past.
Having A platform that is so easy to use and one that doesn’t require a huge amount of my precious time is of paramount importance.
Payhip will Save a lot of time also because everything is taken care of on the Payhip platform.
The Benefits that I’ve gained the most from utilizing Payhip comprise –
- EU VAT is taken care of, and it is a huge plus in my book.
- Affordable. The website takes zero charges asides From 5 percent per trade when you sell a item that is digital.
- Access to analytics reports.
- Access to marketing tools. You have the option to create Societal and coupons discounts.
- Capability to signup, handle and reward your own affiliates.
- Access to merchandise sharing tools. Plus it is possible to embed Your merchandise and purchase Now buttons on blog or your site.
- The Capacity to set mailing lists so that your customers can Subscribe and stay current with your goods, and more.
- Immediate digital merchandise delivery via email link to buyers.
What I Like About Payhip
Let’s get to the information. After my two + year Payhip experience, here’s what I love about the service…
Upgrades Are Instantaneous
Payhip let’s your customers pay with PayPal Or from credit/debit card with Stripe, and they don’t pay out monthly/weekly/quarterly or force you to wait for them to clean some kind of holding period. When a customer makes a purchase, the cash is immediately available on your account, and in case you have the PayPal and also Stripe programs installed on your mobile device, you’ll receive notifications whenever a sale happens. Icecream Ebook Reader
I happen to appreciate this. The excitement of Seeing a sale never gets old. In addition, it is good to awake in the morning, reach for your phone, and also see that you made X amount of dollars while you were sleeping, and it’s all easily available for you to spend. The caveat to this is Stripe. If your customers pays by card using Stripe, there’ll be a three day hold until the money is available. This is Stripe however — Payhip doesn’t hold your cash in any way.
No Monthly Fees
Among the things that Payhip originally sold me is that there’s no Monthly fees or installation charges — just a simple flat fee of 5% per purchase .
This was attractive to me Because, at the moment, my readership was less than 1/10th of what it is 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 like Gumroad. As a relatively new blogger having a small audience, Payhip was the quickest solution that best match my situation.
Simple To Understand Analytics
Payhip’s back end offers an page That enables you to see trades and earnings amounts relative to the day, week, month, year, or some other given range. On top of that, it is a to-the-point and simple report.
If you used Google Analytics or Facebook analytics, the amount of data you’re instantly smacked in the face with can be somewhat overwhelming, and a lot of it’s mostly useless too. Payhip just gives you exactly what you’re there to view — revenue information. Nothing more, nothing less.
Run Promotions with Coupon Codes
Another advantage users of Payhip encounter is The ability to conduct promotions.
The codes can be Like and for any (or all) products. They could run for whatever length you want (or even permanently,) and the code itself can even be customized to whatever series of text you would like.
I have found this to be very useful. Occasionally I’ll run a weekend promotion, post it on Facebook, then boost the article targeting a pixel audience and I don’t fail to go ROI positive by it. People really do respond to limited time offers. Icecream Ebook Reader
Your Own Affiliate Program
Payhip Provides you the capability to let your Readers sign up as an affiliate of your shop, and you can award, someone buys a product using their custom affiliate link.
This is useful because it allows other Men and Women To market your products for you, the commissions paid will be worth it and if they have a stage and an audience of their own that they can tap into.
Easy Integration with Email Marketing
If you are into marketing, you’ll be Able to easily integrate Payhip along with your email advertising provider that is preferred so that if a sale is made, the email address of the purchaser could be added to a chosen listing.
That is relatively small 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 buyer’s email address into the upper left corner of each page of a PDF document they have purchased.
So if someone intends to buy your PDF Book make it accessible for free somewhere else, they’ll need to be fine with their email address being publicly accessible. I think that is a very creative way of deterring pirating.
Upload Most Kinds of Files
Payhip is not just a marketplace for ebooks — You can upload virtually any sort of digital file. Font files, video/audio documents, photos, software, etc..
Overall Simplicity and Modern Design
One thing that can’t be overlooked whenever You are selling something is your site appears. People generally don’t trust myself included. If a site looks like it hasn’t been upgraded since the web 2.0 times, then I begin to wonder if maybe I am in an abandoned construction and placing my payment information into it would pretty much be like throwing my money into a black hole.
That’s not the case with Payhip though. The Site has a simple and very modern layout. In the event that you were to buy a product on the world wide web, this is what you’d anticipate a checkout page by a business. Icecream Ebook Reader
Another thing I like about Payhip is its own Overall simplicity. From the second a visitor lands on your product page, Payhip stays out of the way. They display your images, sales copy, and just the critical information (like price.) They do nothing to interfere with your sale — no self-promotion whatsoever.
Eventually, what I really like about Payhip is That they do not store customer payment information, meaning your clients’ payment details are secure. The payment is handled through PayPal or Stripe, and I prefer it this way because they’re 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 items that I dislike about the ceremony and would like to see enhanced…
No Mobile App
One thing that bugs me around Payhip is that They do not have a mobile app. It would be convenient to be able to open an app and have a look while I’m out and around. You do so and may log into the site, but the site isn’t even optimized for mobile devices.
I like Payhip, but that is a really Bad appearance in 2018. There’s no reason you should not have a website optimized for cellular, and once you’ve got that, you should be able to easily turn the website itself right into it’s own app so users do not have to manually sign in each time they want to inspect sales data. Let users of Payhip encounter a platform when they’re on their mobile devices.
No Upsells or Add-Ons In Checkout
On the checkout page, I would like to see an capability that is Extra to suggest Other products. If they are buying a bundle of logo templates for $5, then I suggest some other similar product which may interest them they previously didn’t know about, or could provide a bundle of business card templates for a couple of added bucks. This is something that sites like Amazon and VistaPrint do.
I can’t help but feel like there’s a Great Deal of money being left on the Table — for both myself and Payhip — without this functionality. This could improve the Payhip encounter for both the seller and the client.
Establish On A Fixed Timezone
This one is frivolous, but I Like to see it fixed.
Since Payhip is located at London, they’ve BST was place to by the timezone for the entire site. Since I’m located in the EST, I will sometimes check my analytics at 7PM or later and see that I made 0 earnings for the day since Payhip thinks it’s midnight and its own data reflects that.
This is a non-issue, but I Would love to see that the ability to correct the site. Icecream Ebook Reader
More Flexibility with Coupon Codes
I know I raved about the coupon It’s not perfect, although code feature earlier.
As it stands, the sole promotion You can run through a voucher code. I’d like to be able to offer a dollar amount to set a sale price that is predetermined.
At the moment, if I Need to place a $27 merchandise Available for $10, do the math to determine what percentage off will render the final price at $10 and I must break out the calculator. I think that is unnecessary and could be improved.
When creating A brand new product in Payhip, you also have access to advanced alternatives including —
- Make your merchandise private.
- Add an ISBN (Internation Standard Book Number) to your eBook.
- Publish a couple of sample or preview pages.
- To how many copies of your product or market could be, add a limitation amount sold.
- Create a license key that is exceptional .
How much does this cost?
Payhip will Cost you nothing or even host your products. The website takes only 5 percent commission per transaction fee.
Would I Recommend Payhip?
This leaves us with the burning question: after 2years as a seller on Payhip, would you recommend it? Total, yes. I am a client, but whether you should use it depends upon your own situation.
If you are a new blogger with a small audience And you can not justify spending $10+ a month to get 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 most cost-efficient.
As of the date of this writing, Payhip works On a set fee of 5 percent of every sale. Gumroad’s fee is now 3.5% + $0.30 per transaction + $10 a month.
If you’re going to be selling $1,000 per month in total volume, the mathematics should (in most cases) prefer Payhip. But if you are selling well into the thousands, you are probably going to need to decide on Gumroad or start looking into another alternative. This is dependent on the number of transactions it requires to achieve those sales numbers so make certain that you crunch the numbers.
Personally, I love the Payhip Expertise and am really grateful for their solutions. I want to see them continue to grow and succeed. Icecream Ebook Reader