Intro Kobo Books
Of All of the ways of Creating blog Articles, my favorite method is To create and sell digital products such as learning materials and layout templates. I’ve found that it is extraordinarily profitable than running advertisements and products convert at a higher rate than an affiliate product that somebody else created. The service I use to ease this is Payhip, and in this article I’ll be discussing what I both like and dislike about the ceremony based in my Payhip expertise as a vendor for two + years. Kobo Books
My Payhip Expertise
If you wanted to sell products Through your own website, you are going to want a means to facilitate transactions — some sort of infrastructure which will enable a customer to select your goods, pay for it, and have it instantaneously delivered to them with complete hands-off automation. Payhip solves this issue.
Payhip is An that provides customers with the tools and solutions for promoting products directly 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 advantages of utilizing Payhip?
Each online Platform differs, and I have used a couple of them in the past.
For me personally, having A stage that is simple to use and one that does not require a huge amount of my time that is valuable is of paramount importance.
Payhip will Save you a great deal of time too because everything is cared for on the Payhip platform.
The Advantages that I’ve gained the most from utilizing Payhip include –
- EU VAT is taken care of, and it can be a huge plus in my book.
- Affordable. The website takes zero fees asides From 5% per transaction when you sell a digital product.
- Accessibility to analytics reports.
- Access to advertising tools. You have the option to make Societal and Coupons discounts.
- Ability to signup, manage and reward your affiliates.
- Access to product sharing programs . Plus you can embed Purchase and your merchandise Now buttons right on your own website or blog.
- The ability to set mailing lists so that your customers can Subscribe and remain current with your products, and much more.
- Immediate digital product shipping via email link to customers.
What I Enjoy About Payhip
Let us get to the details. Following my two year Payhip expertise, Here Is What I really like about the service…
Upgrades Are Instantaneous
Payhip let’s your customers pay with PayPal Or by credit/debit card using Stripe, and they do not cover monthly/weekly/quarterly or make you wait around for them to clean some sort of holding period. When a customer makes a purchase, the money is instantly available in your account, and in case you’ve got the PayPal and Stripe apps installed on your mobile device, you’ll receive notifications each time a sale occurs. Kobo Books
I happen to love this. The excitement of Seeing a new sale never gets old. It’s also good to wake up in the morning, reach to your telephone, and see that you made X amount 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 pays by card with Stripe, there will be a 3 day hold until the cash is available. That is all Stripe however — Payhip doesn’t hold your cash in any way.
No Monthly Fees
One of those things that Payhip originally sold me on 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 Because, at the time, my readership was less than 1/10th of what it is now, and I wasn’t positive I was going to always sell enough product to warrant paying a monthly fee for a similar service such as Gumroad. As a relatively new blogger having a small crowd, Payhip was the quickest solution that best match my scenario.
Simple To Understand Analytics
Payhip’s back end offers an analytics page That lets you view transactions and earnings amounts relative to the day, month, week, year, or some other specified range. On top of that, it’s a report that is really straightforward and to-the-point.
If you have used Google Analytics or Facebook analytics, the number of information you are instantly smacked in the face with can be somewhat overwhelming, and lots of it is mostly useless also. Payhip just gives you exactly what you’re there to see — sales data. Nothing more, nothing less.
Run Promotions with Coupon Codes
Another benefit users of Payhip experience is Promotions to run by producing coupon codes.
The codes can be for 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 may even be customized to whatever series of text you desire.
I have found this to be useful. Occasionally I will run a weekend promotion, place it on Facebook boost the post targeting a pixel re-marketing audience and I never fail to go ROI positive with it. People do respond to limited time offers. Kobo Books
Your Own Affiliate Program
Payhip gives you the ability to let your Readers register as an affiliate of your store, and you can award them a commission of whatever percentage you would like if someone purchases a product using their customized affiliate link.
This is useful because it allows other people To market your merchandise for you, the commissions paid will be worthwhile and if they have a stage and an audience of their own they can tap into.
Easy Integration with Email Marketing
If you’re into email marketing, you’ll be Able to readily incorporate Payhip with your email advertising supplier that is chosen so that if a sale is made, the buyer’s email address could be added into a list that is selected.
That is minor but I think it’s Pretty cool so I wish to give it a reference — if you desire, you can have Payhip stamp the buyer’s email address into the upper left corner of every page of a PDF document they have bought.
So if someone plans to Purchase Your PDF Publication make it publicly accessible for free they will have to be fine with their email address being available. I believe that’s a means of deterring pirating.
Upload Many Kinds of Files
Payhip is not just a marketplace for ebooks — You can upload just about any kind of file. Font documents, video/audio files, photographs, software, etc..
Total Simplicity and Modern Design
1 thing that can’t be overlooked whenever You are selling something is the way present your site looks. Individuals generally do not trust websites which appear outdated, myself included. If a site looks like it has not been updated since the net 2.0 times, then I start to wonder if perhaps I’m in an abandoned building and placing my payment information into it’d pretty much be just like throwing my money into a black hole.
That’s not the case with Payhip though. The Website has a design that is very modern and easy. This is exactly what you’d anticipate a checkout page by a company to appear like, if you were to purchase a product on the internet. Kobo Books
Another thing that I enjoy about Payhip is its In general simplicity. From the moment a visitor lands on your product page, Payhip remains out of the way. They display your graphics, sales copy, and only the crucial information (like price.) They do nothing to interfere with your sale — 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 secure. The payment is completely handled through PayPal or Stripe, and I prefer it that way because they are successful companies with a lot of cash to spend on top-shelf security.
What I Dislike About Payhip
As much as I like Payhip, it’s far from perfect. Here are some things that I dislike about the service and would like to see improved…
No Mobile App
1 thing that bugs me around Payhip is that They don’t have a app. It would be convenient to have the ability to open an app while I am out and about and have a look during my data. You may log in to the site and do so, but the site is optimized for mobile devices.
I like Payhip, but this is a very Lousy look in 2018. There is no reason you shouldn’t have a website optimized for cellular, and once you have that, you ought to be able to easily turn the website itself into it’s own app so users do not have to manually register in each time they want to inspect sales data. Users of Payhip experience a platform when they’re on their devices.
No Upsells or Add-Ons In Checkout
On the checkout page, I’d like to see an Extra ability to indicate Other products similar to what the customer is about to purchase. If they’re purchasing a package of logo templates for $5, then I propose, or could offer a bundle of business card templates to get a couple of extra dollars. This is something that sites like Amazon and VistaPrint do.
I can’t help but feel as though there is a Great Deal of money being left on the Table — for myself and Payhip — without this functionality. This could improve the Payhip encounter for both the seller and the client.
Set On A Fixed Timezone
This one is frivolous, but I Like to see it corrected.
Since Payhip is located at London, they have The working timezone for the whole website place to BST. Since I am found in the EST, I’ll sometimes check my stats at 7PM or later and see that I made 0 earnings for the day since Payhip believes it’s midnight and its own data reflects that.
Again, this is largely a non-issue, but I Would love to observe the capability to correct the site. Kobo Books
More Flexibility with Coupon Codes
I know I raved about the voucher Code feature but it’s not perfect.
As it stands, the advertising You’re able to run through a voucher code is to get a percentage off. Ideally, I’d love to have the ability to supply a dollar amount off the cost, or the ability to set a sale price that is specified.
At the moment, if I want to put a merchandise that is $27 On sale for $10, I have to break out the calculator and do the math to figure out what percentage off would leave the cost. I think this is unnecessary and may be made better.
When creating A brand new product in Payhip, you have access to innovative alternatives including —
- Make your product private.
- Add an ISBN (Internation Standard Book Number) to your eBook.
- Publish sample pages or a couple of preview.
- To how many copies of your product or market can be Insert a limit number sold.
- Create a exceptional license key for all your product/eBook sales.
How much does it cost?
Payhip will Cost you to establish or host your products. The website takes only 5 percent commission per trade fee.
Would I Recommend Payhip?
This leaves us with the burning question: after two + years as a vendor on Payhip, would you recommend it? Total, yes. I am a client, but whether you ought to use it depends on your own situation.
If you’re a new blogger with a small audience And you can’t justify spending $10+ a month for something such as Gumroad, then yes, I would recommend Payhip. But in case you sell a merchandise that is high-ticket or have a huge audience and know you’ll be doing at least $ 1,000 in sales each month, you may want to look into something most cost effective.
As of this date of the writing, Payhip functions On a flat fee of 5 percent of every sale. Gumroad’s fee is currently 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 (typically ) prefer Payhip. But if you’re selling into the thousands, you are probably going to want to decide on Gumroad or start looking into some alternative. This is all largely dependent on the number of transactions it requires to achieve those sales numbers so make sure to crunch the numbers.
Personally, I absolutely love the Payhip Expertise and am thankful for their solutions. I would like to see them continue to grow and succeed. Kobo Books