Background Most Popular Digital Products
Of All of the ways of Creating content that is blog, my method is To create and sell products. I have found that it is extraordinarily rewarding than running ads and self-made products convert at a much greater rate than an affiliate product that somebody else created. The service I use to ease this can be Payhip, and this article I’ll be sharing what I like and dislike about the service based on my Payhip experience as a seller for two + years. Most Popular Digital Products
My Payhip Expertise
If you have ever wanted to market digital products Through your own site, you are going to need a way to facilitate trades — some kind of infrastructure that will allow a client to select your goods, pay for it, and have it immediately delivered to them with whole hands-off automation. Payhip solves this issue.
Payhip is An that gives customers with solutions and the simplest tools for hosting and selling electronic products straight to their clients online.
The company Was co-founded by Abs Farah and Kahin Farah and is currently 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.
For me personally, having A platform that is easy to use and one that does not require a massive amount of my time that is valuable is of paramount significance.
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 using Payhip comprise –
- EU VAT is cared for, which is a huge plus in my book.
- Affordable. The site takes zero charges asides From 5 percent per transaction when you sell a product.
- Access to analytics reports.
- Access to marketing tools. You have the option to make Social and Coupons discounts.
- Capability to signup, handle and reward your affiliates.
- Access to product sharing tools. Plus it is possible to embed Purchase and your merchandise Now buttons on blog or your website.
- The Capacity to setup mailing lists so that your clients can Subscribe and stay current with your electronic goods, and more.
- Immediate digital product delivery via email link for buyers.
What I Like About Payhip
Let us get to the details. Following my two + year Payhip experience, here’s what I love about the ceremony…
Payments Are Instantaneous
Payhip let us your customers pay with PayPal Or from credit/debit card with Stripe, plus they don’t cover monthly/weekly/quarterly or make you wait for them to clear some kind of holding period. When a client makes a purchase, the cash is instantly available on your account, and in case you’ve got the PayPal and also Stripe apps installed on your mobile device, you’ll receive notifications each time a sale happens. Most Popular Digital Products
I happen to love this. The excitement of Seeing a sale that is brand new never gets old. It’s also great to wake up in the morning, reach for your telephone, and also see that you made X amount of dollars while you were sleeping, and it is all readily available for you to spend. The caveat to this is Stripe. If your clients pays by card using Stripe, there’ll be a 3 day hold before the cash is available. That is Stripe though — Payhip does not hold your money at all.
No Monthly Charges
One of those things that Payhip initially sold me on is that there is no Monthly charges or setup charges — only a simple flat fee of 5 percent per purchase .
This was appealing to me Because, at the moment, my readership was 1/10th of what it’s now, and I was not positive 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 with a little audience, Payhip was the quickest solution that best fit my scenario.
Easy To Know Analytics
Payhip’s back end offers an analytics page That lets you view transactions and earnings quantities relative to this day, month, week, year, or some other specified selection. On top of that, it’s a very straightforward and to-the-point report.
If you’ve used Google Analytics or Facebook analytics, the number of information you’re instantly smacked in the face can be somewhat overwhelming, and lots of it’s mostly useless also. Payhip just gives you exactly what you’re there to see — revenue data. Nothing more, nothing less.
Run Promotions with Coupon Codes
Another advantage users of Payhip encounter is The ability to conduct promotions.
The codes may be Enjoy and for any (or all) products. They can run for whatever length you want (or even indefinitely,) along with the code itself can even be customized to whatever string of text you desire.
I have found this to be useful. Sometimes I will run a weekend marketing, place it on Facebook raise the post targeting a pixel audience that is re-marketing and I never fail to go ROI positive with it. People truly do respond to limited time offers. Most Popular Digital Products
Your Own Affiliate Program
Payhip Provides you the ability to let your Readers sign up as an affiliate of your shop, and someone buys a product with their customized affiliate link, you are able to award them a commission of whatever percent you would like.
This is useful since it allows other people To market your products and if they have a platform and an audience of their own that they can tap into, the commissions paid will be well worth it.
Easy Integration with Email Marketing
If you are into advertising, you will be Able to readily integrate Payhip with your chosen email marketing provider so that a purchase is made, the buyer’s email address can be added to a chosen listing.
This is small but I think it’s Pretty cool so I want to give it a mention — if you desire, you can have Payhip stamp the buyer’s email address to the upper left corner of every page of a PDF document they’ve bought.
So if someone intends to Purchase Your PDF Publication make it publicly accessible for free they will need to be okay with their private email address being available. I think that is a way of deterring pirating.
Upload Many Kinds of Files
Payhip is a market for ebooks — It’s possible to upload just about any sort of electronic file. Font files, video/audio files, photographs, software, etc..
Total Simplicity and Modern Design
One thing that can’t be overlooked whenever You’re selling something is how current your site appears. People do not trust myself included. If a website looks like it has not been upgraded because the web 2.0 days, I start to wonder if perhaps I am in an abandoned building and putting my payment information into it’d pretty much be just like throwing my money into a black hole.
That is not the case with Payhip though. The Site has a design that is easy and very modern. This is exactly what you’d anticipate a checkout page by a trusted business to appear like if you were to buy a digital merchandise on the internet. Most Popular Digital Products
Another thing that I like about Payhip is its In general simplicity. From the moment a visitor lands on your product page, Payhip stays 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 they do not store customer payment info, meaning that your customers’ payment details are safe. The payment is managed through Stripe or PayPal, and I prefer it that way as they are successful companies with lots of money.
What I Dislike About Payhip
As much as I enjoy Payhip, it is far from perfect. Here are some things that I dislike about the service and would like to see enhanced…
No Mobile App
1 thing that bugs me around Payhip is that They do not possess a program. It would be convenient to be able to start an app while I’m out and around, and have a look during my earnings data. The site is optimized for mobile devices, although you do this and may log in to the website.
I enjoy Payhip, but this is a very Bad appearance in 2018. There is no reason you shouldn’t have a site optimized for mobile, and once you’ve got that, you should be able to easily turn the website itself right into it’s own program so users do not need to manually register in each time they want to inspect sales information. Users of Payhip encounter a much better platform when they are on their cellular devices.
No Upsells or Add-Ons In Checkout
On the checkout page, I’d really like to see an Extra ability to suggest Other products. If they’re buying a package of logo templates for $5, I could offer a package of business card templates or suggest some other similar product that could interest them that they previously didn’t know about. This is something which sites like VistaPrint and Amazon do.
I can not help but feel as though there’s a lot of money being left on the Table — for both myself and Payhip — with no functionality. This may enhance the Payhip experience for both the vendor and the customer.
Set On A Fixed Timezone
This one is mostly frivolous, but I Like to see it corrected.
Considering that Payhip is located in London, they have The timezone for the whole website place to BST. Since I’m found in the EST, I will 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 own data reflects that.
This is largely a non-issue, however I Would like to observe that the capability to adjust the website to your timezone. Most Popular Digital Products
More Flexibility with Coupon Codes
I know I raved about the coupon Code feature but it is not quite perfect yet.
As it stands, the advertising You’re able to run through a coupon code is for a percent off. Ideally, I’d like to be able to offer a dollar amount from the original cost, or the ability to set a predetermined sale price.
At the moment, if I want to place a product On sale for $10, I have to break out the calculator and manually do the math to determine what percent off will leave the last price at $10. I believe that is unnecessary and may be made better.
When creating A new product in Payhip, you have access to innovative alternatives including —
- Make your merchandise private.
- Insert an ISBN (Internation Standard Book Number) for your eBook.
- Publish a few sample or preview pages.
- To how many copies of eBook or your product could be, Insert a limit amount sold.
- Generate a exceptional license key for each of your product/eBook sales.
Just how much does this cost?
Payhip will Cost you or even host your electronic products. The site takes just 5 percent commission per transaction fee.
Can I Recommend Payhip?
This leaves us with the burning question: after 2years as a seller on Payhip, would you recommend it? Overall, yes. I am a happy customer, but whether you ought to use it depends upon 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 recommend Payhip. But in case you have a massive audience or market a merchandise and know you’ll do at least $1,000 in sales every month, you may want to look into something.
As of this date of this writing, Payhip functions On a set 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 math should (typically ) favor Payhip. But if you’re selling well into the thousands, you are probably going to want to decide on Gumroad or look into some choice. That is largely dependent on how many transactions it requires to reach those sales numbers, however, so make sure to crunch the numbers.
Personally, I absolutely love the Payhip Experience and am really grateful for their solutions. I want to see them continue to grow and succeed. Most Popular Digital Products