Intro Icecream Reader
Of All of the ways of monetizing content that is blog, my method is Like learning layout templates and materials, to make and sell digital products. I have discovered that it is extraordinarily profitable than running advertisements and self-made products convert at a significantly higher speed than an affiliate product that somebody else created. The service I use to facilitate this is Payhip, and this article I’ll be discussing what I both like and dislike about the ceremony based on my Payhip experience as a seller for 2+ years. Icecream Reader
My Payhip Experience
If you wanted to market digital products Through your own website, you are going to need a means to facilitate transactions — some sort of infrastructure that will allow a customer to select your goods, cover it, and have it immediately delivered to them with whole hands-off automation. Payhip solves this problem.
Payhip is An e-commerce platform/website that provides customers with the tools and options for hosting and selling products to their customers online.
The company Was co-founded by Abs Farah and Kahin Farah and is now based in my capital city of London.
What are the benefits of using Payhip?
Each online Platform is different, and I have used a couple of these in the past.
Having A platform that is easy to use and one that does not require a massive amount of my precious time is of paramount importance.
Payhip will Save you a lot of time also because everything is cared for on the Payhip platform.
The Benefits that I’ve gained the most from utilizing Payhip include –
- EU VAT is cared for, which is a big plus in my book.
- Affordable. The website takes zero charges asides From 5 percent per transaction when you sell a product.
- Access to analytics reports.
- Access to marketing tools. You have the option to make Societal and Coupons discounts.
- Capability to signup, manage and reward your own affiliates.
- Access to merchandise sharing programs . Plus it is possible to embed Your product and purchase Now buttons right on your own site or blog.
- The Capacity to setup mailing lists so that your clients can Subscribe and stay current with your digital goods, and more.
- Instant digital merchandise delivery via email link to customers.
What I Enjoy About Payhip
Let’s get to the information. Following my two year Payhip expertise, here’s what I really like about the service…
Payments Are Instantaneous
Payhip let’s your customers pay with PayPal Or by credit/debit card with Stripe, plus they do not pay out monthly/weekly/quarterly or force you to wait for them to clean some sort of holding period. When a client makes a purchase, the cash is immediately available in your account, and if you have the PayPal and also Stripe apps installed on your mobile device, you’ll get notifications whenever a sale occurs. Icecream Reader
I happen to love this. The excitement of Seeing a new sale never gets older. In addition, it is great to wake up in the morning, reach to your phone, and see you made X number of dollars while you’re sleeping, and it’s 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 until the cash is available. This is Stripe though — Payhip doesn’t hold your cash in any way.
No Monthly Fees
Among those things that Payhip originally sold me is that there’s no Monthly charges or installation charges — only a simple flat charge of 5 percent per purchase .
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 I was not positive I was likely to always sell enough product to justify paying a monthly fee to get a similar service like Gumroad. As a relatively new blogger with a small audience, Payhip was the no-risk solution that best match my situation.
Simple To Know Analytics
Payhip’s back end Provides an analytics page That lets you view trades and earnings quantities relative to the day, month, week, year, or any other given range. Best of all, it is a report that is really simple and to-the-point.
If you used Google Analytics or Facebook analytics, the number of data you are instantly smacked in the face with can be a bit overwhelming, and lots of it’s largely useless also. Payhip just provides you exactly what you’re there to view — revenue data. Nothing more, nothing less.
Run Promotions with Coupon Codes
Another benefit users of Payhip encounter is The capacity to conduct promotions by producing coupon codes.
The codes can be for any percentage you would Enjoy and for any (or all) products. They can run for any duration you’d like (or even permanently,) along with the code itself can even be customized to whatever series of text you would like.
I’ve found this to be very useful. Sometimes I’ll conduct a weekend marketing, place it on Facebook, then raise the article targeting a pixel audience that is re-marketing and I never fail to go ROI positive by it. People truly do respond to limited time offers. Icecream Reader
Your Own Affiliate Program
Payhip gives you the ability to let your Readers sign up as an affiliate of your shop, and you can grant them a commission of whatever percentage you’d like, whenever someone purchases a product using their custom affiliate link.
This is useful since it allows people To market your products for you, the commissions paid will be well worthwhile and should they have a platform and an audience of their own that they can tap into.
Easy Integration with Email Marketing
You’ll be if you’re into marketing Able to easily integrate Payhip with your email marketing supplier so that a sale is made, the email address of the purchaser can be added into a list that is chosen.
This 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 stamp the buyer’s email address into the top left corner of each page of a PDF document they have purchased.
So if someone plans to buy your PDF Publication subsequently make it accessible for free they will have to be fine with their email address being publicly accessible as well. I believe that is a very creative means of deterring pirating.
Upload Many Kinds of Files
Payhip is a market for ebooks — It’s possible to upload any sort of electronic file. Font files, video/audio documents, photos, software, etc..
Total Simplicity and Modern Design
One thing that can not be overlooked whenever You are selling something is the way current your website looks. Individuals do not trust myself included. If a site looks like it hasn’t been upgraded because the net 2.0 days, I begin to wonder if maybe I am in an abandoned construction and putting my payment info to it’d pretty much be like throwing my money into a black hole.
That’s not the case with Payhip though. The Website has a layout. This is what you’d anticipate a checkout page by a trustworthy company to appear like, if you should buy a merchandise on the internet. Icecream Reader
Another thing I like about Payhip is its own Overall simplicity. In the moment a visitor lands on your product page, Payhip remains out of the way. They display your images, sales copy, and only the crucial information (like price.) They do nothing to interfere with your sale — no self-promotion whatsoever.
Finally, what I like about Payhip is That they do not store customer payment information, meaning your customers’ payment details are secure. The payment is totally managed through Stripe or PayPal, and I prefer it this way as they’re large, successful companies with a lot of money to spend on security.
What I Dislike About Payhip
As much as I enjoy Payhip, it is far from perfect. Here are some things that I dislike about the ceremony and would like to see enhanced…
No Mobile App
One thing that bugs me about Payhip is that They don’t have a app. It would be convenient to be able to start an app while I am out and about and have a look. The site is optimized for mobile devices, although you may log into the site and do so.
I enjoy Payhip, but that is a very Lousy look in 2018. There’s no reason you should not have a site optimized for cellular, and when you’ve got that, you ought to be able to easily turn the site itself into it’s own program so users don’t have to manually register in every time they would like to check sales data. Let users of Payhip experience a better platform when they are on their devices.
No Upsells or Add-Ons At Checkout
On the checkout page, I’d like to see an capability that is Extra to indicate Other products similar to what the client is going to buy. By way of instance, if they’re buying a bundle of templates for $5, then I suggest some other product which may interest them that they didn’t know about, or could provide a bundle of business card templates to get a couple of added dollars. This is something which sites like Amazon and VistaPrint do.
I can’t help but feel as though there’s a lot of money Table — for both myself and Payhip — without this functionality. This may enhance the Payhip experience for both the vendor and the customer.
Set On A Fixed Timezone
This one is largely frivolous, but I’d still Like to see it corrected.
Since Payhip is located at London, they’ve BST was set to by the working timezone for the entire site. Since I’m located in the EST, I will sometimes check my stats at 7PM or afterwards and see that I left 0 earnings for the day because Payhip believes it’s midnight and its information reveals that.
This is mostly a non-issue, however I Would like to see the capability to adjust the site. Icecream Reader
More Flexibility with Coupon Codes
I know I raved about the voucher It’s not perfect, although code feature earlier.
As it stands, the promotion You can run through a coupon code is to get a percent off. Ideally, I’d like to be able to supply a dollar amount to set a sale price that is predetermined.
At the moment, if I want to place a product that is $27 Available for $10, I must break out the calculator and manually do the math to determine what percentage off will render the cost at $10. I believe that is unnecessary and could be made better.
When creating A brand new product in Payhip, you have access to innovative options which include —
- Make your merchandise private.
- Add an ISBN (Internation Standard Book Number) for your eBook.
- Publish sample pages or a preview.
- To the number of copies of market or your product could be add a limit number sold.
- Generate a license key that is exceptional .
How much does it cost?
Payhip will Cost you nothing to establish or host your products. The site takes only 5% commission per transaction fee.
Can I Recommend Payhip?
This leaves us with the burning question: after 2+ years as a vendor on Payhip, do you recommend it? Total, yes. I am a happy customer, but whether you ought to use it depends on your situation.
If you are a blogger with a small audience And you can’t justify spending $10+ a month for something like Gumroad, then yes, I would recommend Payhip. If you know you’ll be doing at least $ 1,000 in sales each month and market a high-ticket merchandise or have a massive audience, you may want to look into something most cost effective.
As of the date of the writing, Payhip functions On a set fee of 5 percent of each sale. Gumroad’s fee is now 3.5% + $0.30 per transaction + $10 a month.
If you are 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 are probably going to want to decide on Gumroad or start looking into some other choice. That is largely dependent on the number of transactions it takes to achieve those sales numbers, however, so be sure to crunch the numbers for yourself.
Personally, I absolutely love the Payhip Expertise and am very thankful for their solutions. I would like to see them continue to grow and succeed. Icecream Reader