Intro Mobi File
Of all the ways of Creating blog content, my favorite method is To make and sell products such as studying layout templates and materials. I’ve found that it is extraordinarily more profitable than running ads and products convert at a greater rate compared to an affiliate product that someone else created. The service I use to ease this can be Payhip, and in this post I will be sharing what I like and dislike about the service based in my Payhip experience for a seller for 2+ years. Mobi File
My Payhip Expertise
If you wanted to market digital products Through your own site, you are going to need a means to facilitate transactions — some sort of infrastructure that will allow a customer to select your product, cover it, and have it instantaneously delivered to them with complete hands-off automation. Payhip solves this issue.
What is Payhip?
Payhip is An that gives customers with the simplest tools and solutions for selling products directly 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 using Payhip?
Each online Platform is different, and I’ve used a couple of them in the past.
For me personally, having A platform that is really simple to use and one that doesn’t require a huge amount of my time is of utmost importance.
Payhip will Save a lot 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, which is a big plus in my book.
- Affordable. The website takes zero fees asides From 5% per trade when you sell a item.
- Access to analytics accounts.
- Access to advertising tools. You have the option to create Social and Coupons discounts.
- Ability to signup, manage and reward your own affiliates.
- Access to product sharing programs . Plus it is possible to embed Purchase and your product Now buttons on your own site or blog.
- The Capacity to setup mailing lists so that your clients can Subscribe and remain current with your electronic goods, and much more.
- Immediate digital product shipping via email link for buyers.
What I Enjoy About Payhip
Let’s get to the information. After my 2 year Payhip expertise, Here Is What I really like about the ceremony…
Payments Are Instantaneous
Payhip let’s your customers pay with PayPal Or by credit/debit card using Stripe, plus 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 cash is instantly available on your accounts, and if you have the PayPal and also Stripe programs installed on your mobile device, you are going to get notifications each time a sale happens. Mobi File
I happen to love this. The excitement of Seeing a sale never gets older. In addition, it is great to awake in the morning, reach for your phone, and see that you made X number of dollars while you’re sleeping, and it is all easily available for you to spend. The caveat to this can be Stripe. If your customers pays by card using Stripe, there’ll be a 3 day hold before the money is available. That is Stripe though — Payhip doesn’t hold your money in any way.
No Monthly Charges
One of those things that Payhip originally sold me on is that there is no Monthly fees or setup charges — only a simple flat charge of 5 percent per purchase .
This was appealing to me back in 2016 Because, at the moment, my readership was 1/10th of what it is now, and that I wasn’t positive that I was likely to consistently sell enough product to justify 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 fit my situation.
Easy To Know Analytics
Payhip’s back end Provides an page That enables you to see transactions and earnings amounts relative to the day, week, month, year, or some other specified selection. Best of all, it is a straightforward and to-the-point report.
If you used Google Analytics or Facebook analytics, the amount of information you are immediately smacked in the face can be a bit overwhelming, and a lot of it is mostly useless too. Payhip just provides you what you are there to see — revenue data. Nothing more, nothing less.
Run Promotions with Coupon Codes
Another benefit users of Payhip encounter is The capacity to conduct promotions by creating coupon codes.
The codes may be for almost any percentage you’d Like and for any (or all) products. They can run for any length you want (or even permanently,) and the code itself may even be customized to whatever string of text you desire.
I have found this to be very useful. Occasionally I’ll conduct a weekend promotion, place it on Facebook, then raise the article targeting a pixel audience and I don’t fail to go ROI positive by it. People do respond well to limited time offers. Mobi File
Your Own Affiliate Program
Payhip gives you the capability Readers sign up as an affiliate of your shop, and you are able to grant if someone purchases a product with their custom affiliate link.
This is useful because it allows Men and Women To market your products for you, the commissions paid will be well worth it and should they have a platform and an audience of their own they can tap to.
Easy Integration with Email Marketing
You will be, if you’re into email marketing Able to integrate Payhip along with your email advertising provider that is preferred so that a purchase is made, the purchaser’s email address can be added into a listing.
That is minor but I think it’s Pretty cool so I wish to give it a reference — if you so desire, you’ll have Payhip stamp the buyer’s email address into the upper left corner of every page of a PDF document they have purchased.
So if someone plans to buy your PDF Book then make it accessible for free they will have to be fine with their email address being publicly available. I think that is a very creative means of deterring pirating.
Upload Many Sorts of Files
Payhip is not just a marketplace for ebooks — You can upload just about any sort of file. Font files, video/audio files, photos, software, etc..
Total Simplicity and Modern Design
One thing that can’t be overlooked whenever You are selling something is your website looks. Individuals don’t trust sites that appear obsolete, myself included. If a website looks like it has not been upgraded because the web 2.0 days, I begin to wonder if maybe I’m in an abandoned building and putting my payment information to it’d pretty much be like throwing my money into a black hole.
That’s not true with Payhip though. The Site has a very modern and easy design. This is exactly what you’d expect a checkout page from a company In the event that you were to purchase a digital merchandise on the internet. Mobi File
Another thing I like about Payhip is its own In general simplicity. From the a visitor lands on your product page, Payhip remains out of the way. They display your images, sales copy, and just the critical information (like price.) They do nothing to interfere with your purchase — no.
Finally, what I enjoy about Payhip is That customer payment information isn’t stored by them, meaning that your clients’ payment details are safe. The payment is completely managed through Stripe or PayPal, and I prefer it that way because they’re 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 items that I dislike about the ceremony and would like to see improved…
No Mobile App
One thing that bugs me around Payhip is that They don’t have a mobile program. It would be convenient to have the ability to open an app while I am out and around and have a look. You do so and can log in to the website, but the website isn’t optimized for mobile devices.
I like Payhip, but this is a very Lousy look in 2018. There’s no reason you shouldn’t have a site optimized for cellular, and when you’ve got that, you should be able to easily turn the site itself into it’s own app so users do not need to manually sign in every time they want to inspect sales data. Users of Payhip experience a platform when they are on their cellular devices.
No Upsells or Add-Ons At Checkout
On the checkout page, I would like to see an capability that is Extra to indicate Other products similar to what the customer is going to buy. By way of example, if they’re buying a package of templates for $5, I could provide a bundle of business card templates or propose some other product which may interest them that they didn’t know about. This is something which sites like Amazon and VistaPrint do very well.
I can’t help but feel like there is a lot of money being left on the Table — for myself and Payhip — with no functionality. This could enhance the Payhip encounter for both the client and the vendor.
Establish On A Fixed Timezone
This one is frivolous, but I Prefer to see it corrected.
Since Payhip is located in London, they have BST was set to by The functioning timezone for the entire site. Since I am found in the EST, I will occasionally check my analytics at 7PM or afterwards and see that I made 0 earnings for the day because Payhip thinks it is midnight and its own information reflects that.
This is a non-issue, but I Would love to observe the ability to adjust the website to your timezone. Mobi File
More Flexibility with Coupon Codes
I know I raved about the coupon Code feature earlier, but it is not perfect.
As it stands, the promotion You’re able to run through a voucher code. I’d like to be able to offer a dollar amount to set a sale price that is specified.
At the moment, if I want to place a merchandise On sale for $10, I have to break out the calculator and do the math to determine what percent off would leave the last price at $10. I believe this is unnecessary and could be made better.
When creating A new product in Payhip, you also have access to advanced options which include —
- Make your product personal.
- Add an ISBN (Internation Standard Book Number) for your eBook.
- Publish a preview or sample pages.
- To how many copies of market or your product can be Insert a limitation number sold.
- Generate a license key that is exceptional for all your product/eBook sales.
How much does this cost?
Payhip will Cost you nothing to establish or host your 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 vendor on Payhip, do you recommend it? Total, yes. I am a happy client, but whether or not you should use it depends on your own situation.
If you are a new blogger with a small audience And you can’t justify spending $10+ a month to get something like Gumroad, then yes, I would absolutely recommend Payhip. In case you know you’ll be doing at least $ 1,000 in sales each month and sell a merchandise or have a huge audience, you might want to look into something most cost effective.
As of the date of this writing, Payhip works On a flat fee of 5% of each sale. Gumroad’s fee is currently 3.5% + $0.30 per transaction + $10 per month.
If you’re going to be selling less than $1,000 a month in total quantity, the mathematics should (in most cases) favor Payhip. But if you are selling into the thousands, you want to decide on Gumroad or start looking into some other alternative. This is largely dependent on the number of transactions it requires to achieve those sales numbers though, so be certain that you crunch the numbers.
Personally, I absolutely love the Payhip Experience and am really grateful for their services. I want to see them continue to grow and succeed. Mobi File