Background Little Wolf Bare Your Teeth Payhip
Of all the ways of monetizing content that is blog, my favorite Strategy is To create and sell digital products. I have found that it’s extraordinarily more rewarding than running ads and self explanatory products convert at a higher rate than an affiliate product that somebody else created. The support I use to ease this can be Payhip, and in this post I’ll be sharing what I like and dislike about the service based on my Payhip expertise as a seller for two + years. Little Wolf Bare Your Teeth Payhip
My Payhip Expertise
If you wanted to market products Through your own website, you are going to need a way to facilitate transactions — some sort of infrastructure that will allow a customer to select your product, cover it, and also have it immediately delivered to them with whole hands-off automation. Payhip solves this issue.
Payhip is An e-commerce platform/website that gives customers with the tools and solutions for selling digital products straight to their customers and hosting 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 differs, and I’ve used a couple of them in the past.
For me personally, having A stage that is easy to use and one that doesn’t require a huge amount of my time is of utmost significance.
Payhip will Save a lot of time because everything is taken care of on the Payhip platform.
The Benefits that I’ve gained the most from using Payhip include –
- EU VAT is taken care of, and it can be a big plus in my book.
- Affordable. The website takes zero charges asides From 5 percent per transaction when you sell a item.
- Access to analytics accounts.
- Access to marketing tools. You have the option to create Social and Coupons discounts.
- Capability to signup, handle and reward your affiliates.
- Access to merchandise sharing tools. Plus it is possible to embed Purchase and your product Now buttons on blog or your own website.
- The ability to setup mailing lists so that your clients can Subscribe and stay up to date with your goods, and more.
- Instant digital merchandise shipping via email link for buyers.
What I Enjoy About Payhip
Let’s get to the information. After my two year Payhip experience, 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 make you wait around for them to clean some sort of holding period. When a client makes a purchase, the money is instantly available in your account, and if you’ve got the PayPal and Stripe programs installed on your mobile device, you’ll receive notifications each time a sale occurs. Little Wolf Bare Your Teeth Payhip
I happen to love this. The excitement of Seeing a sale that is new never gets older. In addition, it is good to awake in the morning, reach for your phone, and see you made X number of dollars while you were sleeping, and it’s all readily available for you to spend. The only caveat to this can be Stripe. If your clients pays by card with Stripe, there’ll be a 3 day hold until the cash is available. That is all Stripe though — Payhip doesn’t hold your money in any way.
No Monthly Fees
One of those things that Payhip initially sold me is that there’s no Monthly fees or installation charges — only a simple flat fee of 5% per sale.
This was appealing to me Because, at the time, my readership was less than 1/10th of what it is now, and that I was not positive that I was likely to consistently sell enough product to justify paying a monthly fee for a similar service like Gumroad. As a relatively new blogger having a small crowd, Payhip was the quickest solution that best match my scenario.
Simple To Know Analytics
Payhip’s back end Provides an analytics page That enables you to view trades and earnings amounts relative to this day, month, week, year, or some other specified selection. Best of all, it’s a to-the-point and straightforward report.
If you have ever used Google Analytics or Facebook analytics, the number of information you are immediately smacked in the face can be a bit overwhelming, and lots of it is largely useless also. Payhip just gives you exactly what you’re there to view — sales information. Nothing more, nothing less.
Run Promotions with Coupon Codes
Another benefit users of Payhip encounter is By creating coupon codes, promotions to conduct.
The codes can be for any percentage you would Like and for any (or all) products. They can run for any duration you want (or even indefinitely,) along with the code itself can even be customized to whatever string of text you desire.
I’ve found this to be helpful. Sometimes I will conduct a weekend promotion, post it on Facebook raise the article targeting a pixel re-marketing audience and I never fail to go ROI positive by it. People truly do respond well to limited time offers. Little Wolf Bare Your Teeth Payhip
Your Own Affiliate Program
Payhip Provides you the capability Readers register as an affiliate of your shop, and if someone purchases a product using their custom affiliate link, you are able to award them a commission of whatever percent you would like.
This is useful because it allows Men and Women To market your merchandise the commissions paid will be well worthwhile and should they have a stage and an audience of their own they can tap into.
Easy Integration with Email Marketing
You’ll be, if you are into advertising Able to incorporate Payhip with your email advertising supplier that is preferred so that a sale is made, the email address of the purchaser could be added to a selected listing.
This 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 top left corner of every page of a PDF document they’ve bought.
So if someone intends to Purchase Your PDF Publication then make it publicly available for free somewhere else, they’ll have to be fine with their email address being accessible. I think that’s a way of deterring pirating.
Upload Many Sorts of Files
Payhip is not Only a marketplace for ebooks — You can upload virtually any sort of digital file. Font documents, video/audio files, photos, software, etc..
Total Simplicity and Modern Design
1 thing that can’t be overlooked whenever You’re selling something is how present your site looks. Individuals do not trust websites that appear obsolete, myself included. If a website looks like it has not been upgraded since the net 2.0 times, then I start 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 is not true with Payhip though. The Website has a very modern and simple layout. This is exactly what you would anticipate a checkout page from a trustworthy business if you were to purchase a digital product on the internet. Little Wolf Bare Your Teeth Payhip
Another thing that 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.
Eventually, what I like about Payhip is That they don’t store customer payment information, meaning your customers’ payment details are secure. The payment is completely handled through PayPal or Stripe, and I prefer it that way as they’re large companies with lots of money.
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 improved…
No Mobile App
One thing that bugs me around Payhip is that They don’t possess a app. It would be convenient to have the ability to open an app while I’m out and around, and have a look. You do this and may log into the website, but the website isn’t optimized for mobile devices.
I enjoy Payhip, but this is a very Bad appearance in 2018. There is no reason you should not have a website optimized for mobile, and when you have that, you should be able to easily turn the site itself into it’s own app so users don’t have to manually register in each time they would like to inspect sales data. Let users of Payhip encounter a better platform when they’re on their mobile devices.
No Upsells or Add-Ons In Checkout
On the checkout page, I would really like to see an capability that is added to suggest Other products. For instance, if they are buying a bundle of logo templates for $5, I might provide a bundle of business card templates or suggest. This is something which websites like Amazon and VistaPrint do.
I can’t help but feel as though there is a lot of money being left on the Table — for both myself and Payhip — without this operation. This may improve the Payhip experience for both the customer and the seller.
Set On A Fixed Timezone
This one is frivolous, but I Like to see it corrected.
Since Payhip is located in London, they’ve The functioning timezone for the site place to BST. Since I’m located in the EST, I’ll occasionally check my stats at 7PM or later and see that I left 0 earnings for the day because Payhip thinks it is midnight and its own data reflects that.
This is mostly a non-issue, however I Would love to see that the capability to adjust the website to your timezone. Little Wolf Bare Your Teeth Payhip
More Flexibility with Coupon Codes
I know I raved about the coupon It is not quite perfect just yet, although Code attribute earlier.
As it currently stands, the advertising You can 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 product On sale for $10, I have to break out the calculator and manually do the math to figure out what percent off would leave the price. I think that is unnecessary and could be made better.
When creating A new product in Payhip, you also have access to innovative alternatives including —
- Make your merchandise personal.
- Insert an ISBN (Internation Standard Book Number) for your eBook.
- Publish a sample or preview pages.
- Add a limit number to the number of copies of market or your product can be sold.
- Generate a license key for each of your product/eBook sales.
Just how much does it cost?
Payhip will Cost you to set up or host your electronic products. The site takes just 5% commission per transaction fee.
Can 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 satisfied client, 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 to get something such as Gumroad, then yes, I would recommend Payhip. However, if you sell a product that is high-ticket or have a massive audience and know you’ll do at least $ 1,000 in sales each month, you might want to check into something most cost-efficient.
As of the date of the writing, Payhip works 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 promoting less than $1,000 per month in total quantity, the mathematics should (typically ) prefer Payhip. But if you are selling well into the thousands, you want to go with Gumroad or look into some choice. That is dependent on the number of transactions it takes to reach those sales numbers, however, so make sure to crunch the numbers for yourself.
Personally, I love the Payhip Expertise and am really thankful for their solutions. I want to see them continue to grow and succeed. Little Wolf Bare Your Teeth Payhip