Introduction Latest Digital Products
Of all the ways of Creating blog Articles, my favorite method is Such as studying design templates and materials, to create and sell electronic products. I’ve discovered that it’s extraordinarily profitable than running ads and self explanatory products convert at a greater rate than an affiliate product that someone else created. The service I use to facilitate this is Payhip, and in this post I will be sharing what I like and dislike about the service based in my Payhip expertise as a seller for two + years. Latest Digital Products
My Payhip Experience
If you wanted to sell products Through your own site, you are going to want a way to facilitate trades — some sort of infrastructure which will enable a client to select your product, cover it, and also have it immediately delivered to them with complete hands-off automation. Payhip solves this problem.
What is Payhip?
Payhip is An that provides customers with the easiest tools and options for hosting and selling products directly to their clients online.
The company Was co-founded by Abs Farah and Kahin Farah and is now based in my capital city of London.
Which are the advantages of utilizing Payhip?
Each online Platform is different, and I’ve used a couple of them previously.
For me, having A stage that is simple to use and one that does not require a massive amount of my time that is valuable is of paramount importance.
Payhip will Save you a great deal of time because everything is cared for on the Payhip platform.
The Advantages that I’ve gained the most from utilizing Payhip comprise –
- EU VAT is cared for, and it is a big plus in my book.
- Affordable. The site takes zero charges asides From 5% per trade when you sell a item.
- Access to analytics accounts.
- Access to marketing tools. You have the option to create Coupons and societal discounts.
- Capability to signup, handle and reward your own affiliates.
- Access to product sharing tools. Plus you can embed Your merchandise and Buy Now buttons right on blog or your site.
- The ability to setup mailing lists so that your clients can Subscribe and remain current with your products, and much more.
- Immediate digital product delivery via email link for buyers.
What I Like About Payhip
Let’s get to the details. Following my two + year Payhip expertise, here’s what I love about the ceremony…
Upgrades Are Instantaneous
Payhip let’s your customers pay with PayPal Or from credit/debit card with Stripe, and they do not pay out monthly/weekly/quarterly or force you to wait around for them to clean some kind of holding period. When a customer makes a purchase, the money is immediately available on your account, and in case you have the PayPal and Stripe apps installed on your mobile device, you are going to receive notifications whenever a sale happens. Latest Digital Products
I happen to love this. The excitement of Seeing a sale never gets old. In addition, it is great to awake in the morning, reach to your phone, and also see you made X amount of dollars while you’re sleeping, and it is all readily available for you to spend. The only caveat to this is Stripe. If your customers pays by card with Stripe, there’ll be a 3 day hold until 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 setup charges — only a simple flat charge of 5% per sale.
This was attractive to me in 2016 Because, at the time, my readership was less than 1/10th of what it is now, and I wasn’t positive that 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 scenario.
Simple To Understand Analytics
Payhip’s back end offers an page That lets you see trades and earnings amounts relative to this day, week, month, year, or some other specified range. On top of that, it’s a to-the-point and very simple report.
If you used Google Analytics or Facebook analytics, the number of information you’re immediately smacked in the face can be a bit overwhelming, and a lot of it is largely useless also. Payhip just provides you what you are there to see — sales information. Nothing more, nothing less.
Run Promotions with Coupon Codes
Another advantage users of Payhip encounter is The capacity to conduct promotions.
The codes may be for any percentage you’d Enjoy and for any (or all) products. They could run for any duration you want (or even permanently,) along with the code itself can even be customized to whatever string of text you would like.
I’ve found this to be helpful. Occasionally I will run 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 truly do respond to limited time offers. Latest Digital Products
Your Own Affiliate Program
Payhip gives you the ability Readers register as an affiliate of your shop, and if someone purchases a product you can grant them a commission of whatever percentage you would like.
This is useful since it allows other people To market your merchandise for you, the commissions paid will be worthwhile and should they have an audience of their own and a platform that they can tap to.
Easy Integration with Email Marketing
You will be if you’re into marketing Able to incorporate Payhip along with your email marketing provider that is chosen so that a sale is made, the email address of the purchaser can be added into a selected listing.
That is minor but I think it’s Pretty cool so I wish to give it a reference — if you desire, you’ll have Payhip stamp the purchaser’s email address into the top left corner of every page of a PDF document they’ve bought.
So if someone plans to buy your PDF Publication make it publicly accessible for free they’ll have to be okay with their personal email address being accessible. I believe that is a creative means of deterring pirating.
Upload Many Kinds of Files
Payhip is a market for ebooks — It’s possible to 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’re selling something is your website appears. People do not trust myself included. If a site looks like it has not been upgraded since the web 2.0 times, then I start to wonder if perhaps I am in an abandoned construction and placing my payment info into it’d 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 easy and very contemporary. This is exactly what you’d expect a checkout page from a business, In the event that you were to purchase a merchandise on the internet. Latest Digital Products
Another thing that I enjoy about Payhip is its Overall simplicity. In the very second a visitor lands on your product page, Payhip stays out of the way. They display your images, sales copy, and only the crucial info (such as price.) They do nothing to interfere with your purchase — no.
Eventually, what I enjoy about Payhip is That they don’t store customer payment info, meaning that your customers’ payment details are secure. The payment is managed through Stripe or PayPal, and I prefer it this way because they’re large, successful companies with lots of cash.
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 ceremony and would like to see enhanced…
No Mobile App
One thing that bugs me about Payhip is that They do not have a mobile app. It would be convenient to be able to open an app and take a look while I’m out and about. You can log in to the site and do so, but the website is optimized for mobile devices.
I like Payhip, but that is a really Bad appearance in 2018. There’s no reason you shouldn’t have a site optimized for mobile, and once you’ve got that, you ought to be able to easily turn the site itself into it’s own app so users do not have to manually sign in each time they want to check sales information. Let users of Payhip experience a much better platform when they’re on their cellular devices.
No Upsells or Add-Ons In Checkout
On the checkout page, I would really like to see an capability to indicate Other products similar to what the customer is about to buy. If they are buying a package of logo templates for $5, I might provide a package of business card templates for a couple of bucks, or suggest. This is something which sites like VistaPrint and Amazon 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 operation. This may improve the Payhip experience for both the vendor and the client.
Establish On A Fixed Timezone
This one is frivolous, but I’d still Like to see it corrected.
Considering that Payhip is located in London, they have The timezone for the site place to BST. Since I am found in the EST, I’ll sometimes check my analytics at 7PM or afterwards and see that I left 0 sales for the day since Payhip believes it’s midnight and its own data reflects that.
This is a non-issue, however I Would love to see the capability to adjust the website. Latest Digital Products
More Flexibility with Coupon Codes
I know I raved about the voucher Code feature but it is not quite perfect just yet.
As it now stands, the promotion You’re able to run through a coupon code. Ideally, I’d like to have the ability to offer a dollar amount to set a sale price.
Right Now, if I Need to place a $27 merchandise Available for $10, I must break out the calculator and do the math to determine what percent off would render the cost at $10. I think that is unnecessary and could be made better.
When creating A brand new product in Payhip, you have access to advanced alternatives which include —
- Make your product private.
- Add an ISBN (Internation Standard Book Number) to your eBook.
- Publish a sample or preview pages.
- To how many copies of market or your product could be Insert a limit number sold.
- Generate a exceptional license key .
Just how much does it cost?
Payhip will Cost you nothing or host your products. The site takes only 5 percent commission per transaction fee.
Would I Recommend Payhip?
This leaves us with the burning question: after 2+ years as a seller on Payhip, do you recommend it? Overall, yes. I am very much a customer, but whether you should use it depends upon your situation.
If you are a new blogger with a small audience And you can’t justify spending $10+ a month to get something such as Gumroad, then yes, I would recommend Payhip. However, if you know that you’ll do at least $ 1,000 in sales each month and sell a product that is high-ticket or have a huge audience, you may want to look into something.
As of this date of this writing, Payhip functions On a flat fee of 5% of each sale. Gumroad’s fee is now 3.5% + $0.30 per transaction + $10 a month.
If you’re going to be promoting less than $1,000 a month in total volume, the mathematics should (in most cases) prefer Payhip. But if you’re selling well into the thousands, you need to go with Gumroad or start looking into some other alternative. That is largely dependent on the number of transactions it takes to achieve those sales numbers so make sure that you crunch the numbers for yourself.
Personally, I love the Payhip Expertise and am really grateful for their services. I would like to see them continue to grow and succeed. Latest Digital Products