Introduction Mantano Reader
Of All of the ways of monetizing content, my method is Like studying materials and design templates to create and sell products. I’ve found that it’s extraordinarily more rewarding than running ads and self explanatory products convert at a much greater speed compared to an affiliate product that somebody else created. The support I use to ease this can be Payhip, and this article I’ll be discussing what I like and dislike about the service based on my Payhip expertise for a vendor for 2+ years. Mantano Reader
My Payhip Expertise
If you’ve ever wanted to sell digital products Through your own site, you’ll want a means to facilitate trades — some sort of infrastructure which will enable a client to select your goods, cover it, and also have it instantaneously delivered to them with complete hands-off automation. Payhip solves this issue.
Payhip is An e-commerce platform/website that gives users with solutions and the easiest tools for promoting products straight 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 benefits of utilizing Payhip?
Each online Platform differs, and I have used a couple of them previously.
For me, having A platform that is really simple to use and one that doesn’t take a massive amount of my time that is valuable is of utmost significance.
Payhip will Save you a great deal of time because everything is taken care of on the Payhip platform.
The Benefits 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 website takes zero fees asides From 5 percent per transaction when you sell a digital item.
- Access to analytics reports.
- Access to advertising tools. You have the option to make Coupons and social discounts.
- Ability to signup, manage and reward your affiliates.
- Access to merchandise sharing tools. Plus it is possible to embed Your merchandise and purchase Now buttons directly on blog or your own site.
- The ability to set mailing lists so that your customers can Subscribe and remain up to date with your digital goods, and much more.
- Instant digital product shipping via email link for customers.
What I Like About Payhip
Let us get to the information. After my 2+ year Payhip expertise, here’s what I really like about the ceremony…
Payments Are Instantaneous
Payhip let us your customers pay with PayPal Or by credit/debit card with Stripe, plus they do not pay out monthly/weekly/quarterly or force you to wait around for them to clean some sort of holding period. When a customer makes a purchase, the cash is immediately available in your accounts, and if you have the PayPal and also Stripe programs installed on your mobile device, you are going to receive notifications each time a sale happens. Mantano Reader
I happen to appreciate this. The excitement of Seeing a new sale never gets old. In addition, it is good to awake in the morning, reach for your phone, and see that you made X number of dollars while you’re sleeping, and it’s all readily available for you to spend. The caveat to this can be Stripe. If your clients card with Stripe, there will be a 3 day hold until the cash is available. This is all Stripe though — Payhip does not hold your cash in any way.
No Monthly Charges
Among the things that Payhip originally sold me is that there’s no Monthly charges or setup charges — just a simple flat fee of 5% per purchase .
This was appealing to me back in 2016 Because, at the moment, my readership was less than 1/10th of what it’s now, and that I wasn’t positive I was likely 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 crowd, Payhip was the quickest solution that best match my situation.
Easy To Know Analytics
Payhip’s back end offers an analytics page That lets you view transactions and earnings quantities relative to this day, week, month, year, or any other specified range. On top of that, it’s a simple and to-the-point report.
If you used Google Analytics or Facebook analytics, the amount of information you are instantly smacked in the face can be a bit overwhelming, and a lot of it is mostly useless too. Payhip just gives you what you are there to see — revenue data. Nothing more, nothing less.
Run Promotions with Coupon Codes
Another advantage users of Payhip experience is By producing coupon codes promotions to run.
The codes may be Like and for any (or all) products. They could run for whatever length you want (or even permanently,) along with the code itself can even be customized to whatever series of text you would like.
I’ve found this to be useful. Occasionally I will run a weekend promotion, place it on Facebook, then boost the article targeting a pixel audience and I never fail to go ROI positive with it. People do respond to limited time offers. Mantano Reader
Your Own Affiliate Program
Payhip gives you the capability Readers register as an affiliate of your shop, and someone purchases a product you are able to grant.
This is useful since it allows other people To market your merchandise for you, the commissions paid will be worth it and if they have an audience of their own and a platform that they can tap to.
Easy Integration with Email Marketing
You’ll be if you’re into marketing Able to easily incorporate Payhip with your email marketing supplier that is chosen so that if a sale is made, the buyer’s email address could be added into a listing.
That is minor but I think it’s Pretty cool so I wish to give it a mention — if you desire, you’ll have Payhip stamp the buyer’s email address to the top left corner of each page of a PDF document they have purchased.
So if someone intends to buy your PDF Publication make it publicly accessible for free somewhere else, they will need to be fine with their private email address being publicly accessible. I think that is a means of deterring pirating.
Upload Most Sorts of Files
Payhip is a market for ebooks — You can upload just about any sort of file. Font documents, video/audio files, photographs, software, etc..
Total Simplicity and Modern Design
1 thing that can not be overlooked whenever You are selling something is your website appears. Individuals generally don’t trust myself included. If a site looks like it hasn’t been upgraded because the net 2.0 days, I start to wonder if perhaps I’m in an abandoned construction and placing my payment info to it would pretty much be just like throwing my money into a black hole.
That is not true with Payhip though. The Website has a easy and very contemporary design. In the event that you were to buy a digital merchandise this is exactly what you’d expect a checkout page by a trustworthy business to look like. Mantano Reader
Another thing that I like about Payhip is its In general simplicity. In the second a visitor lands on your product page, Payhip stays out of the way. They display your graphics, sales copy, and just the crucial info (such as price.) They do absolutely nothing to interfere with your sale — no.
Eventually, what I really like about Payhip is That customer payment info isn’t stored by them, meaning your customers’ payment details are safe. The payment is totally managed through PayPal or Stripe, and I prefer it that way because they are successful companies with a lot 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 service and would like to see enhanced…
No Mobile App
One thing that bugs me around Payhip is that They do not possess a program. It’d be convenient to be able to open an app and have a look through my data while I’m out and around. The website isn’t even optimized for mobile devices, although you may log in to the website and do this.
I like Payhip, but that is a really Lousy appearance in 2018. There is no reason you shouldn’t have a site 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 don’t have to manually register in every time they want to inspect sales data. Permit users of Payhip experience a platform when they’re on their cellular devices.
No Upsells or Add-Ons At Checkout
On the checkout page, I’d really like to see an ability that is added to suggest Other products. For example, if they are purchasing a package of templates for $5, then I suggest, or might provide a package of business card templates for a few bucks. This is something that sites like VistaPrint and Amazon do.
I can’t help but feel like there’s a Great Deal of money Table — for both myself and Payhip — without this operation. This could enhance the Payhip experience for both the client and the vendor.
Set On A Fixed Timezone
This one is frivolous, but I’d still Like to see it corrected.
Considering that Payhip is located at London, they have BST was set to by The functioning timezone for the whole site. 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 because Payhip believes it is midnight and its information reflects that.
Again, this is a non-issue, but I Would love to see the ability to correct the site to your timezone. Mantano Reader
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 stands, the advertising You can run through a coupon code. Ideally, I’d love to have the ability to offer a dollar amount to set a sale price that is specified.
Right Now, if I want to place a product Available for $10, I have to break out the calculator and manually do the math to figure out what percent off would render the last cost at $10. I believe this is unnecessary and may be made better.
When creating A brand new product in Payhip, you also have access to advanced options including —
- Make your product private.
- Add an ISBN (Internation Standard Book Number) to your eBook.
- Publish a couple of sample or preview pages.
- To the number of copies of eBook or your product can be Insert a limit number sold.
- Create a license key for each of your product/eBook sales.
Just how much does this cost?
Payhip will Cost you nothing to establish or even host your electronic products. The site takes only 5% commission per trade fee.
Can I Recommend Payhip?
This leaves us with the burning question: after 2+ years as a vendor on Payhip, would you recommend it? Total, yes. I am a satisfied customer, but whether or not you should use it depends on your own situation.
If you’re a new blogger with a small audience And you can not justify spending $10+ per month to get something like Gumroad, then yes, I would absolutely recommend Payhip. If you know that you’ll do at least $ 1,000 in sales each month and market a high-ticket merchandise or have a huge audience, you might want to look into something.
As of this date of the writing, Payhip functions On a flat fee of 5% of every sale. Gumroad’s fee is now 3.5% + $0.30 per transaction + $10 per month.
If you are going to be selling less than $1,000 per month in total volume, the math should (typically ) favor Payhip. But if you’re selling into the thousands, you are probably going to want to go with Gumroad or look into some choice. This is mostly dependent on how many transactions it takes to reach those sales numbers though, so be certain to crunch the numbers for yourself.
Personally, I absolutely love the Payhip Experience and am grateful for their services. I want to see them continue to grow and succeed. Mantano Reader