Of all the ways of monetizing blog Articles, my Strategy is Such as studying materials and layout templates to create and sell products. I have discovered that it’s extraordinarily rewarding than running advertisements and products convert at a much greater rate than an affiliate product that somebody else created. The support I use to facilitate this is Payhip, and in this post I’ll be sharing what I both like and dislike about the ceremony based in my Payhip expertise as a vendor for 2+ years. Ireader
My Payhip Experience
If you’ve ever wanted to sell digital products Through your own website, you are going to need a way to facilitate trades — some sort of infrastructure that will allow a client to select your product, pay for it, and also have it instantaneously delivered to them with whole hands-off automation. Payhip solves this problem.
Payhip is An that provides users with the easiest tools and solutions for hosting and selling digital products to their clients online.
The Provider Was co-founded by Abs Farah and Kahin Farah and is currently based in my capital city of London.
Which are the benefits of using Payhip?
Each online Platform is different, and I have used a couple of these in the past.
For me personally, having A platform that is easy to use and one that does not take a massive amount of my time that is precious is of paramount significance.
Payhip will Save a lot of time also because everything is cared for on the Payhip platform.
The Advantages that I’ve gained the most from utilizing Payhip comprise –
- EU VAT is taken care of, and it is a big plus in my book.
- Affordable. The website takes zero fees asides From 5% per trade when you sell a item.
- Access to analytics reports.
- Access to advertising tools. You have the option to make Coupons and societal discounts.
- Capability to signup, handle and reward your affiliates.
- Access to merchandise sharing tools. Plus you can embed Buy and your product Now buttons on your own site or blog.
- The ability to set mailing lists so that your clients can Subscribe and remain current with your digital goods, and much more.
- Immediate digital merchandise delivery via email link for buyers.
What I Enjoy About Payhip
Let us get to the information. After my two + year Payhip expertise, Here Is What I really like about the ceremony…
Upgrades Are Instantaneous
Payhip let us your customers pay with PayPal Or by credit/debit card with Stripe, and they do not pay out monthly/weekly/quarterly or make you wait around for them to clean some sort of holding period. When a client makes a purchase, the cash is instantly available on your accounts, and if you have the PayPal and also Stripe apps installed on your mobile device, you’ll get notifications each time a sale happens. Ireader
I happen to appreciate this. The excitement of Seeing a sale that is brand new never gets older. In addition, it is great to awake in the morning, reach to your telephone, and also 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 is Stripe. If your customers card with Stripe, there’ll be a three day hold before the money is available. This is Stripe however — Payhip doesn’t hold your cash at all.
No Monthly Fees
One of the things that Payhip originally sold me is that there is no Monthly charges or installation charges — only a simple flat fee of 5 percent per purchase .
This was appealing to me back in 2016 Because, at the time, my readership was 1/10th of what it’s now, and I wasn’t positive that I was going to always sell enough product to warrant paying a monthly fee to get a similar service like Gumroad. As a relatively new blogger having a small audience, Payhip was the no-risk solution that best match my scenario.
Simple To Understand Analytics
Payhip’s back end Provides an analytics page That lets you view transactions and earnings quantities relative to the day, week, month, year, or some other specified selection. On top of that, it’s a to-the-point and simple report.
If you’ve used Google Analytics or Facebook analytics, the number of information you are instantly smacked in the face with can be somewhat overwhelming, and a lot of it is mostly useless too. Payhip just gives you what you’re there to see — sales information. Nothing more, nothing less.
Run Promotions with Coupon Codes
Another advantage users of Payhip experience is By producing coupon codes promotions to conduct.
The codes can be Like and for any (or all) products. They can run for any length you want (or even indefinitely,) along with the code itself can even be customized to whatever string of text you would like.
I’ve found this to be very useful. Sometimes I’ll conduct a weekend promotion, post it on Facebook, then boost the post targeting a pixel re-marketing audience and I never fail to go ROI positive by it. People do respond well to limited time offers. Ireader
Your Own Affiliate Program
Payhip Provides you the capability Readers register as an affiliate of your store, and you can grant, someone buys a product using their customized affiliate link.
This is useful because it allows people To market your merchandise for you, and should they have a stage and an audience of their own that they can tap into, the commissions paid will be worth it.
Easy Integration with Email Marketing
If you are into email marketing, you will be Able to easily incorporate Payhip with your email advertising supplier that is chosen so that a sale is made, the buyer’s email address could be added to a chosen list.
That is relatively minor but I think it’s Pretty cool so I want to give it a reference — if you desire, you’ll have Payhip postage the buyer’s email address into the upper left corner of each page of a PDF document they have purchased.
So if someone plans to buy your PDF Book make it accessible for free somewhere else, they’ll need to be okay with their personal email address being publicly accessible. I believe that’s a creative means of deterring pirating.
Upload Many Sorts of Files
Payhip is a marketplace for ebooks — It’s possible to upload just about any kind of file. Font files, video/audio documents, photographs, software, etc..
Overall Simplicity and Modern Design
1 thing that can’t be overlooked whenever You are selling something is how current your site appears. Individuals generally don’t trust sites that look obsolete, myself included. If a site looks like it hasn’t been updated because the net 2.0 times, then I begin to wonder if perhaps I am in an abandoned building and placing my payment info to it’d pretty much be just like throwing my money into a black hole.
That’s not true with Payhip though. The Website has a layout that is very modern and simple. This is what you’d expect a checkout page from a business to appear like if you should buy a digital product on the internet. Ireader
Another thing I enjoy about Payhip is its own Overall simplicity. In the a visitor lands on your product page, Payhip stays out of the way. They display your images, sales copy, and just the crucial information (such as price.) They do nothing to interfere with your purchase — no self-promotion whatsoever.
Finally, what I actually enjoy about Payhip is That they do not store customer payment info, meaning your customers’ payment details are safe. The payment is totally handled through Stripe or PayPal, and I prefer it this way because they’re successful companies with a lot of money to spend on top-shelf security.
What I Dislike About Payhip
As much as I enjoy Payhip, it’s far from perfect. Here are some things that I dislike about the ceremony and would like to see enhanced…
No Mobile App
1 thing that bugs me about Payhip is that They do not have a program. It’d be convenient to have the ability to start an app while I’m out and about, and have a look. The site isn’t even optimized for mobile devices, although you may log into the site and do this.
I like Payhip, but that is a really Lousy appearance in 2018. There’s no reason you should not have a website optimized for cellular, and when you have that, you should be able to easily turn the website itself right into it’s own app so users don’t have to manually sign in each time they would like to inspect sales data. Let users of Payhip experience a better platform when they’re on their cellular devices.
No Upsells or Add-Ons In Checkout
On the checkout page, I would like to see an added ability to suggest Other products similar to what the customer is going to purchase. By way of example, if they’re purchasing a package of templates for $5, I suggest, or could offer a package of business card templates to get a couple of dollars. This is something that websites like VistaPrint and Amazon do well.
I can not help but feel as though there is a lot of money Table — for both myself and Payhip — without this functionality. This could improve the Payhip experience for both the seller and the client.
Set On A Fixed Timezone
This one is largely frivolous, but I Prefer to see it fixed.
Since Payhip is located in London, they’ve The timezone for the website place to BST. Since I’m found in the EST, I’ll occasionally check my stats at 7PM or later and see that I left 0 earnings for the day since Payhip thinks it is midnight and its own data reveals that.
Again, this is a non-issue, but I Would like to see the ability to correct the website to your timezone. Ireader
More Flexibility with Coupon Codes
I know I raved about the coupon It’s not quite perfect, although code feature earlier.
As it now stands, the promotion You can run through a voucher code is to get a percentage off. I’d love to have the ability to supply a dollar amount from the cost, or the ability to set a sale price that is specified.
At the moment, if I want to place a merchandise that is $27 On sale for $10, I must break out the calculator and manually do the math to figure out what percentage off would render the final price at $10. I think that is unnecessary and may be improved.
When creating A new product in Payhip, you have access to innovative options which include —
- Make your product private.
- Insert an ISBN (Internation Standard Book Number) for your eBook.
- Upload sample pages or a couple of preview.
- To how many copies of your product or market could be, Insert a limit amount sold.
- Create a unique license key .
How much does this cost?
Payhip will Cost you nothing or even host your electronic products. The site takes only 5 percent commission per transaction fee.
Can I Recommend Payhip?
This leaves us with the burning question: after two years as a seller on Payhip, do you recommend it? Overall, yes. I am a client, but whether or not you ought to use it depends upon your situation.
If you’re a blogger with a small audience And you can’t justify spending $10+ per month for something such as Gumroad, then yes, I would recommend Payhip. In case you know you’ll be doing at least $ 1,000 in sales every month and sell a merchandise that is high-ticket or have a huge audience, you may want to look into something.
As of the date of this writing, Payhip functions On a set fee of 5 percent of every sale. Gumroad’s fee is currently 3.5% + $0.30 per transaction + $10 a month.
If you are going to be promoting $1,000 per month in total quantity, the math should (typically ) prefer Payhip. But if you’re selling well into the thousands, you need to decide on Gumroad or start looking into some alternative. This is mostly dependent on the number of transactions it takes to reach those sales numbers so be certain that you crunch the numbers on your own.
Personally, I love the Payhip Expertise and am thankful for their solutions. I want to see them continue to grow and succeed. Ireader