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Of all the ways of Creating blog content, my favorite method is To make and sell digital products like learning layout templates and materials. I have discovered that it is extraordinarily profitable than running advertisements and products convert at a higher rate than an affiliate product that someone else created. The service I use to facilitate this can be Payhip, and this post I will be sharing what I both like and dislike about the ceremony based on my Payhip expertise as a vendor for two + years. Kindle Store
My Payhip Expertise
If you’ve ever wanted to market products Through your own site, you’ll need a way to facilitate trades — some sort of infrastructure that will allow a client 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 provides users with the tools and solutions for promoting products to their customers and hosting 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 few of them in the past.
For me personally, having A platform that is really simple to use and one that does not require a massive amount of my time is of paramount significance.
Payhip will Save you 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 include –
- EU VAT is taken care of, and it is a huge plus in my book.
- Affordable. The website takes zero fees asides From 5 percent per transaction when you sell a product that is digital.
- Access to analytics accounts.
- Access to marketing tools. You have the option to create Coupons and social discounts.
- Capability to signup, manage and reward your affiliates.
- Access to merchandise sharing programs . Plus it is possible to embed Buy and your merchandise Now buttons directly on your website or blog.
- The Capacity to setup mailing lists so that your clients can Subscribe and stay current with your electronic goods, and much more.
- Immediate digital merchandise shipping via email link for customers.
What I Enjoy 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 us your customers pay with PayPal Or from credit/debit card with Stripe, and they do not pay out monthly/weekly/quarterly or make you wait for them to clear some kind of holding period. When a client makes a purchase, the cash is instantly available on your accounts, and in case you have the PayPal and also Stripe programs installed on your mobile device, you are going to receive notifications each time a sale occurs. Kindle Store
I happen to love this. The excitement of Seeing a sale that is brand new never gets old. In addition, it is great to awake in the morning, reach to your phone, and see you made X number of dollars while you were sleeping, and it is all easily available for you to spend. The only caveat to this is Stripe. If your clients pays by card using Stripe, there will be a three day hold until the money is available. That is all Stripe though — Payhip does not hold your money at all.
No Monthly Charges
Among those things that Payhip initially sold me is that there is no Monthly charges or installation charges — only a simple flat fee of 5% per purchase .
This was appealing to me Because, at the time, my readership was less than 1/10th of what it’s now, and that I was not positive I was going to always sell enough product to justify paying a monthly fee to get a similar service such as Gumroad. As a relatively new blogger with a little crowd, Payhip was the quickest solution that best fit my situation.
Easy To Know Analytics
Payhip’s back end Provides an page That lets you view transactions and earnings amounts relative to the day, month, week, year, or any other given range. Best of all, it is a report that is to-the-point and really straightforward.
If you have used Google Analytics or Facebook analytics, the number of information you are immediately smacked in the face with can be somewhat overwhelming, and a lot of it is mostly useless also. Payhip just provides you exactly what you’re there to see — revenue data. Nothing more, nothing less.
Run Promotions with Coupon Codes
Another advantage users of Payhip experience is The capacity to run promotions by producing coupon codes.
The codes can be for almost any percentage you would Enjoy and for any (or all) products. They can run for whatever duration you want (or even indefinitely,) and the code itself can even be customized to whatever string of text you would like.
I have found this to be very useful. Occasionally I will conduct a weekend promotion, post it on Facebook boost the article targeting a pixel audience and I never fail to go ROI positive with it. People do respond well to limited time offers. Kindle Store
Your Own Affiliate Program
Payhip Provides you the capability to let your Readers register as an affiliate of your shop, and someone purchases a product you can award.
This is useful because it allows people To market your merchandise the commissions paid will be worth it and should they have an audience of their own and a stage they can tap into.
Easy Integration with Email Marketing
If you’re into email marketing, you’ll be Able to incorporate Payhip with your email marketing supplier that is chosen so that a purchase is made, the email address of the purchaser can be added into a list that is selected.
This is relatively minor but I think it’s Pretty cool so I want to give it a mention — if you desire, you’ll have Payhip postage the purchaser’s email address into the top left corner of each page of a PDF document they have bought.
So if someone intends to buy your PDF Publication then make it available for free they’ll have to be okay with their private email address being available also. I believe that is a creative way of deterring pirating.
Upload Many Kinds of Files
Payhip is a marketplace for ebooks — It’s possible to upload any sort of file. Font files, video/audio files, photos, software, etc..
Total Simplicity and Modern Design
1 thing that can not be overlooked whenever You are selling something is your website appears. People generally do not trust sites which appear outdated, myself included. If a website looks like it has not been upgraded since the net 2.0 times, then I begin to wonder if maybe I’m in an abandoned building and putting my payment information to it would pretty much be just like throwing my money into a black hole.
That’s not the case with Payhip though. The Site has a design that is very modern and simple. This is what you’d anticipate a checkout page by a business to look like if you were to purchase a merchandise on the internet. Kindle Store
Another thing that I enjoy about Payhip is its In general simplicity. From the second a visitor lands on your product page, Payhip remains out of the way. They display your images, sales copy, and only the crucial info (like price.) They do nothing to interfere with your sale — no self-promotion whatsoever.
Finally, what I like about Payhip is That they don’t store customer payment information, meaning your customers’ payment details are safe. The payment is managed through PayPal or Stripe, and I prefer it this way as they are large companies with lots of cash to spend on security.
What I Dislike About Payhip
As much as I enjoy Payhip, it’s far from perfect. Here are some items that I dislike about the service and would like to see enhanced…
No Mobile App
1 thing that bugs me about Payhip is that They do not possess a mobile app. It would be convenient to have the ability to open an app while I’m out and around, and take a look. The site is optimized for mobile devices, although you may log into the website and do this.
I enjoy Payhip, but that is a very Lousy appearance in 2018. There is no reason you shouldn’t have a site optimized for cellular, and once you have that, you should be able to easily turn the site itself into it’s own program so users do not have to manually register in each time they want to check sales data. Permit users of Payhip encounter a better 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 ability to suggest Other products. If they’re purchasing a package of logo templates for $5, then I propose some other similar product which could interest them that they didn’t know about, or might offer a package of business card templates for a few dollars. This is something which sites like VistaPrint and Amazon do quite well.
I can’t help but feel like there’s a Great Deal of money being left on the Table — for myself and Payhip — without this functionality. This may enhance the Payhip experience for both the client and the seller.
Establish On A Fixed Timezone
This one is frivolous, but I Like to see it corrected.
Considering that Payhip is located in London, they have The timezone for the entire site set to BST. Since I’m found in the EST, I will occasionally check my analytics at 7PM or later and see that I made 0 earnings for the day since Payhip believes it is midnight and its own data reflects that.
Again, this is largely a non-issue, but I Would love to observe the ability to adjust the site to your timezone. Kindle Store
More Flexibility with Coupon Codes
I know I raved about the coupon Code feature earlier, but it is not quite perfect just yet.
As it stands, the promotion You’re able to run via a coupon 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 want to place a merchandise Available for $10, manually do the math to figure out what percent off would render the price and I have to break out the calculator. I think that is unnecessary and could be made better.
When creating A brand new product in Payhip, you have access to advanced options which include —
- Make your product private.
- Add an ISBN (Internation Standard Book Number) to your eBook.
- Upload a sample or preview pages.
- To the number of copies of your product or market could be Insert a limit number sold.
- Create a license key .
Just how much does this cost?
Payhip will Cost you nothing or even host your electronic products. The site takes just 5 percent commission per trade 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 satisfied client, but whether or not you should use it depends upon your situation.
If you are a blogger with a small audience And you can’t justify spending $10+ per month to get something such as Gumroad, then yes, I would recommend Payhip. But if you market a merchandise that is high-ticket or have a massive audience and know that you’ll do at least $ 1,000 in sales every month, you might want to look into something.
As of the date of this writing, Payhip functions On a set fee of 5% of every sale. Gumroad’s fee is currently 3.5% + $0.30 per transaction + $10 a month.
If you’re going to be promoting $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’ll probably need to go with Gumroad or look into some alternative. That is dependent on the number of transactions it requires to reach those sales numbers so be certain to crunch the numbers.
Personally, I absolutely love the Payhip Experience and am thankful for their services. I want to see them continue to grow and succeed. Kindle Store