Intro Mood Reader
Of All of the ways of Creating Articles that is blog, my Strategy is Like learning materials and design templates to make and sell digital products. I’ve found that it is extraordinarily rewarding than running ads from networks like AdSense, and self-made products convert at a much higher rate than an affiliate product that someone else created. The service I use to facilitate this can be Payhip, and this post I’ll be discussing what I like and dislike about the ceremony based on my Payhip experience as a vendor for 2+ years. Mood Reader
My Payhip Expertise
If you have ever wanted to sell digital products Through your own site, you’ll want a way to facilitate transactions — some sort of infrastructure which will enable a client 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 e-commerce platform/website that provides users with options and the simplest tools for hosting and selling products to their customers 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 benefits of utilizing Payhip?
Each online Platform is different, and I have used a couple of them in the past.
Having A stage that is really simple to use and one that doesn’t require a huge amount of my valuable time is of paramount importance.
Payhip will Save you a lot 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, which can be a big plus in my book.
- Affordable. The website takes zero fees asides From 5 percent per transaction when you sell a product.
- Accessibility to analytics accounts.
- Access to marketing tools. You have the option to make Societal and coupons discounts.
- Capability to signup, manage and reward your affiliates.
- Access to merchandise sharing programs . Plus you can embed Your merchandise and purchase Now buttons right on blog or your own website.
- The Capacity to set mailing lists so that your clients can Subscribe and remain up to date with your electronic products, and much more.
- Immediate digital product delivery via email link for customers.
What I Enjoy About Payhip
Let’s get to the details. Following my 2+ year Payhip experience, here’s what I really like about the ceremony…
Upgrades Are Instantaneous
Payhip let us your customers pay with PayPal Or from credit/debit card with Stripe, and they do not cover monthly/weekly/quarterly or force you to wait around for them to clear some sort of holding period. When a customer makes a purchase, the money is instantly available on your account, and in case you have the PayPal and Stripe programs installed on your mobile device, you’ll receive notifications whenever a sale happens. Mood Reader
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 telephone, and see that 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 is Stripe. If your clients pays by card using Stripe, there will be a 3 day hold before the money is available. That is all Stripe however — Payhip does not hold your money in any way.
No Monthly Fees
Among the things that Payhip originally sold me is that there is no Monthly charges or setup charges — only a simple flat charge of 5 percent per purchase .
This was attractive to me back Because, at the time, my readership was less than 1/10th of what it is now, and that I wasn’t positive that I was likely to consistently sell enough product to warrant paying a monthly fee to get a similar service like Gumroad. As a relatively new blogger with a little crowd, Payhip was the quickest solution that best match my scenario.
Easy To Understand Analytics
Payhip’s back end Provides an analytics page That enables you to view transactions and earnings amounts relative to the day, week, month, year, or some other given selection. On top of that, it is a report that is to-the-point and really simple.
If you used Google Analytics or Facebook analytics, the amount of information you’re 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’re there to see — revenue information. Nothing more, nothing less.
Run Promotions with Coupon Codes
Another advantage users of Payhip experience is The ability to conduct promotions.
The codes may be for any percentage you would Like and for any (or all) products. They can run for whatever length you’d like (or even permanently,) along with the code itself can even be customized to whatever series of text you desire.
I have found this to be very helpful. Sometimes I will conduct a weekend marketing, place it on Facebook, then raise the post targeting a pixel audience that is re-marketing and I never fail to go ROI positive with it. People do respond to limited time offers. Mood Reader
Your Own Affiliate Program
Payhip Provides you the capability Readers sign up as an affiliate of your shop, and someone purchases a product with their custom affiliate link, you can award.
This is useful because it allows Men and Women To sell your merchandise for you, the commissions paid will be well worthwhile and if they have a stage and an audience of their own they can tap to.
Easy Integration with Email Marketing
If you are into marketing, you will be Able to easily incorporate Payhip along with your email advertising supplier that is preferred so that if a sale is made, the email address of the purchaser could be added into a listing.
This is minor but I think it’s Pretty cool so I wish to give it a mention — if you so desire, you can have Payhip stamp the purchaser’s email address to the top left corner of each page of a PDF document they’ve bought.
So if someone plans to Purchase Your PDF Publication make it accessible for free they will have to be okay with their email address being publicly accessible. I think that is a really creative way of deterring pirating.
Upload Most Sorts of Files
Payhip isn’t Only a marketplace for ebooks — You can upload virtually any kind of file. Font files, video/audio files, photos, software, etc..
Overall Simplicity and Modern Design
One thing that can’t be overlooked whenever You’re selling something is the way present your website looks. People generally do not trust myself included. If a website looks like it hasn’t been upgraded since the net 2.0 days, I begin to wonder if maybe I’m in an abandoned building and putting my payment info into it would pretty much be like throwing my money into a black hole.
That is not the case with Payhip though. The Site has a very contemporary and easy design. In the event that you were to buy a merchandise this is what you’d expect a checkout page from a trustworthy company to appear like. Mood Reader
Another thing I like about Payhip is its Overall simplicity. In the second a visitor lands on your product page, Payhip stays out of the way. They display your graphics, sales copy, and only the crucial information (such as price.) They do nothing to interfere with your purchase — no.
Eventually, what I enjoy about Payhip is That they do not store customer payment information, meaning that your clients’ payment details are secure. The payment is 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 items that I dislike about the service and would like to see enhanced…
No Mobile App
1 thing that bugs me about Payhip is that They don’t possess a mobile app. It would be convenient to have the ability to open an app and take a look during my sales data while I am out and about. You can log in to the site and do this, but the site isn’t optimized for mobile devices.
I like Payhip, but that is a very Bad appearance in 2018. There is no reason you shouldn’t have a site optimized for cellular, and once you have that, you should be able to easily turn the site itself into it’s own program so users don’t need to manually register in each time they would like to inspect sales data. Users of Payhip encounter a platform when they’re on their cellular devices.
No Upsells or Add-Ons At Checkout
On the checkout page, I would really like to see an ability to suggest Other products similar to what the client is going to buy. If they are buying a bundle of logo templates for $5, I propose some other product that may interest them they previously didn’t know about, or could offer a package of business card templates for a few dollars. This is something that sites like Amazon and VistaPrint do.
I can not help but feel like there is a Great Deal of money being left on the Table — for both myself and Payhip — with no functionality. This could improve the Payhip experience for both the vendor and the customer.
Establish On A Fixed Timezone
This one is mostly frivolous, but I’d still Prefer to see it fixed.
Considering that Payhip is located in London, they’ve The functioning timezone for the whole site place to BST. Since I’m found in the EST, I will sometimes check my analytics at 7PM or afterwards and see that I made 0 earnings for the day since Payhip thinks it’s midnight and its data reveals that.
Again, this is a non-issue, but I Would like to observe the capability to correct the website. Mood Reader
More Flexibility with Coupon Codes
I know I raved about the voucher Code feature earlier, but it is not perfect.
As it stands, the only advertising You can run via a voucher code is to get a percentage off. Ideally, I’d like to be able to offer a dollar amount to set a sale price that is specified.
Right Now, if I want to put a merchandise that is $27 Available for $10, do the math to determine what percent off would leave the cost and I must break out the calculator. I think that is unnecessary and could be improved.
When creating A new product in Payhip, you have access to advanced alternatives including —
- Make your merchandise personal.
- Insert an ISBN (Internation Standard Book Number) for your eBook.
- Upload sample pages or a preview.
- To the number of copies of your product or market can be, add a limit amount sold.
- Generate a license key that is unique for each of your product/eBook revenue.
How much does this cost?
Payhip will Cost you or host your products. The site takes only 5 percent commission per transaction 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 client, but whether you ought to use it depends upon your situation.
If you’re a blogger with a small audience And you can not justify spending $10+ a month for something such as Gumroad, then yes, I would recommend Payhip. In case you know that you’ll do at least $ 1,000 in sales every month and sell a product that is high-ticket or have a huge audience, you might want to look into something most cost-efficient.
As of the 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 per month.
If you’re going to be selling $1,000 a month in total quantity, the math should (in most cases) favor Payhip. But if you’re selling into the thousands, you are probably going to want to decide on Gumroad or look into some other alternative. This is largely dependent on the number of transactions it requires to reach those sales numbers though, so be certain to crunch the numbers.
Personally, I love the Payhip Experience and am very thankful for their solutions. I want to see them continue to grow and succeed. Mood Reader