Background Moon Reader
Of All of the ways of Creating content, my favorite Strategy is To make and sell products like studying layout templates and materials. I have found that it’s extraordinarily rewarding than running ads from networks like AdSense, and self explanatory products convert at a significantly greater speed compared to an affiliate product that somebody else created. The support I use to ease this can be Payhip, and in this post I will be discussing what I like and dislike about the ceremony based on my Payhip experience as a seller for two + years. Moon Reader
My Payhip Experience
If you have ever wanted to sell digital products Through your own website, you are going to need a way to facilitate trades — some sort of infrastructure that will allow a customer to select your product, pay for it, and have it immediately delivered to them with complete hands-off automation. Payhip solves this problem.
What is Payhip?
Payhip is An that gives users with the simplest tools and options for hosting and promoting products to their customers online.
The Provider Was co-founded by Abs Farah and Kahin Farah and is now based in my capital city of London.
Which are the advantages of using Payhip?
Each online Platform is different, and I have used a couple of these in the past.
For me, having A stage that is so simple to use and one that doesn’t require a massive amount of my time that is precious is of utmost importance.
Payhip will Save a great deal of time also because everything is taken care of on the Payhip platform.
The Benefits that I’ve gained the most from utilizing Payhip include –
- EU VAT is cared for, and it can be a big plus in my book.
- Affordable. The site takes zero fees asides From 5 percent per trade when you sell a product that is digital.
- Access to analytics reports.
- Access to advertising tools. You have the option to create Social and coupons discounts.
- Ability to signup, manage and reward your affiliates.
- Access to merchandise sharing tools. Plus you can embed Your product and purchase Now buttons on your site or blog.
- The ability to setup mailing lists so that your clients can Subscribe and stay current with your products, and more.
- Instant digital merchandise delivery via email link for buyers.
What I Like About Payhip
Let us get to the details. Following my 2+ year Payhip experience, here’s what I really like about the ceremony…
Upgrades Are Instantaneous
Payhip let’s your customers pay with PayPal Or from credit/debit card with Stripe, plus they don’t cover monthly/weekly/quarterly or make you wait around for them to clear some sort of holding period. When a client makes a purchase, the money is immediately available in your account, and if you’ve got the PayPal and Stripe apps installed on your mobile device, you are going to get notifications each time a sale happens. Moon Reader
I happen to love this. The excitement of Seeing a sale that is brand new never gets old. It’s also good to awake in the morning, reach to your phone, and also 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 is Stripe. If your clients pays by card with Stripe, there will be a 3 day hold until the money is available. That is all Stripe though — 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 installation charges — just a simple flat fee of 5 percent per purchase .
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 was not positive that I was going to consistently sell enough product to warrant paying a monthly fee for a similar service such as Gumroad. As a relatively new blogger with a small audience, Payhip was the quickest solution that best fit my situation.
Simple To Know Analytics
Payhip’s back end offers an page That lets you see transactions and earnings quantities relative to this day, week, month, year, or some other specified range. Best of all, it is a report.
If you’ve used Google Analytics or Facebook analytics, the amount of information you’re immediately smacked in the face can be somewhat overwhelming, and lots of it’s largely useless too. Payhip just gives you exactly what you are there to see — 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 almost any percentage you’d Like and for any (or all) products. They can run for whatever length you want (or even permanently,) along with the code itself may even be customized to whatever string of text you would like.
I have found this to be useful. Occasionally I’ll run a weekend marketing, post it on Facebook raise the post targeting a pixel audience and I don’t fail to go ROI positive by it. People do respond to limited time offers. Moon Reader
Your Own Affiliate Program
Payhip gives you the ability Readers sign up as an affiliate of your shop, and you can grant, someone buys a product using their custom affiliate link.
This is useful since it allows other Men and Women To market your merchandise the commissions paid will be worth it, and should they have a platform and an audience of their own they can tap to.
Easy Integration with Email Marketing
You’ll be, if you are into marketing Able to integrate Payhip along with your preferred email advertising provider so that whenever a sale is made, the email address of the purchaser can be added to a list.
This is relatively small 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’ve bought.
So if someone plans to buy your PDF Book subsequently make it publicly accessible for free somewhere else, they will need to be okay with their email address being publicly available also. I believe that’s a really creative way of deterring pirating.
Upload Most Kinds of Files
Payhip is a marketplace for ebooks — You can upload virtually any sort of digital file. Font files, video/audio files, photographs, software, etc..
Overall Simplicity and Modern Design
1 thing that can’t be overlooked whenever You are selling something is the way present your website appears. Individuals generally don’t trust myself included. If a site looks like it hasn’t been upgraded since the web 2.0 times, then I begin to wonder if perhaps I’m in an abandoned construction and putting my payment info to it would pretty much be like throwing my money into a black hole.
That is not true with Payhip though. The Website has a layout. This is what you would expect a checkout page by a trusted company to appear like if you were to purchase a merchandise on the internet. Moon Reader
Another thing that I like about Payhip is its Overall simplicity. In the very second a visitor lands on your product page, Payhip remains out of the way. They display your images, sales copy, and just the crucial information (such as price.) They do nothing to interfere with your purchase — no.
Finally, what I like about Payhip is That they do not store customer payment information, meaning that your customers’ payment details are safe. The payment is handled through PayPal or Stripe, and I prefer it this way as they’re large companies with lots of money.
What I Dislike About Payhip
As much as I like Payhip, it is far from perfect. Here are some things that I dislike about the ceremony and would like to see enhanced…
No Mobile App
1 thing that bugs me about Payhip is that They don’t have a mobile program. It would be convenient to be able to open an app while I’m out and around and have a look during my sales data. The website isn’t even optimized for mobile devices, although you may log in to the website and do this.
I enjoy Payhip, but that is a very Lousy look in 2018. There’s no reason you shouldn’t have a website optimized for cellular, and when you’ve got that, you ought to be able to easily turn the website itself into it’s own app so users do not need to manually sign in every time they would like to inspect sales data. Permit users of Payhip experience a better platform when they are on their cellular devices.
No Upsells or Add-Ons In Checkout
On the checkout page, I would like to see an ability that is Extra to suggest Other products. For instance, if they’re purchasing a package of logo templates for $5, then I suggest, or might provide a package of business card templates to get a few extra bucks. This is something that websites like VistaPrint and Amazon do.
I can’t help but feel like there is a Great Deal of money Table — for myself and Payhip — without this functionality. This could improve the Payhip experience for both the customer and the seller.
Establish On A Fixed Timezone
This one is largely frivolous, but I Like to see it fixed.
Since Payhip is located in London, they have The working timezone for the website set to BST. Since I am found in the EST, I’ll sometimes check my stats at 7PM or afterwards and see that I made 0 earnings for the day because Payhip thinks it’s midnight and its own information reflects that.
Again, this is a non-issue, but I Would love to see that the ability to correct the site. Moon 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 now stands, the advertising You’re able to run through a voucher code. I’d like to have the ability to supply a dollar amount to set a sale price that is predetermined.
Right Now, if I Need to put a product Available for $10, I have to break out the calculator and manually do the math to determine what percentage off will render the price. I think that is unnecessary and could be made better.
When creating A brand new product in Payhip, you also have access to advanced options including —
- Make your merchandise personal.
- Add an ISBN (Internation Standard Book Number) to your eBook.
- Upload sample pages or a preview.
- To the number of copies of your product or market could be, Insert a limit number sold.
- Generate a license key that is unique .
Just how much does this cost?
Payhip will Cost you nothing to establish or even host your products. The site takes just 5 percent commission per trade fee.
Would I Recommend Payhip?
This leaves us with the burning question: after two years as a vendor on Payhip, do you recommend it? Overall, yes. I am very much a happy client, but whether you ought to use it depends upon your situation.
If you’re a new blogger with a small audience And you can’t justify spending $10+ a month for something such as Gumroad, then yes, I would recommend Payhip. But if you market a merchandise that is high-ticket or have a massive audience and know that you’ll do at least $ 1,000 in sales each month, you might want to look into something most cost-efficient.
As of this date of this writing, Payhip works On a flat fee of 5% of each sale. Gumroad’s fee is now 3.5% + $0.30 per transaction + $10 per month.
If you are going to be promoting $1,000 a month in total quantity, the mathematics should (in most cases) favor Payhip. But if you’re selling well into the thousands, you’ll probably want to decide on Gumroad or start looking into some choice. This is all largely dependent on the number of transactions it requires to reach those sales numbers though, so be sure that you crunch the numbers.
Personally, I love the Payhip Expertise and am thankful for their solutions. I would like to see them continue to grow and succeed. Moon Reader