Introduction Music Magpie
Of All of the ways of Creating Articles, my Strategy is To create and sell electronic products such as learning materials and layout templates. I’ve discovered that it’s extraordinarily more profitable than running advertisements from networks like AdSense, and products convert at a greater rate compared to 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 service based on my Payhip experience as a seller for 2+ years. Music Magpie
My Payhip Experience
If you wanted to sell digital products Through your own site, you’ll need a means to facilitate trades — some kind of infrastructure which will enable a client to select your product, pay for it, and have it instantaneously delivered to them with whole hands-off automation. Payhip solves this issue.
Payhip is An that provides customers with the tools and options for promoting digital products directly to their customers and hosting 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 differs, and I have used a couple of them previously.
For me personally, having A stage that is so simple to use and one that does not require a huge amount of my time that is precious is of paramount importance.
Payhip will Save a lot of time too 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, and it can be a big plus in my book.
- Affordable. The site takes zero fees asides From 5% per trade when you sell a digital product.
- Access to analytics accounts.
- Access to marketing tools. You have the option to make Coupons and societal discounts.
- Capability to signup, handle and reward your affiliates.
- Access to merchandise sharing programs . Plus you can embed Purchase and your product Now buttons on blog or your own site.
- The ability to setup mailing lists so that your customers can Subscribe and stay up to date with your electronic products, and much more.
- Immediate digital merchandise shipping via email link for customers.
What I Like About Payhip
Let us get to the details. After my two year Payhip expertise, Here Is What I love about the ceremony…
Upgrades 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 force you to wait for them to clear some sort of holding period. When a client makes a purchase, the cash is immediately available on your account, and in case you have the PayPal and Stripe programs installed on your mobile device, you’ll get notifications each time a sale occurs. Music Magpie
I happen to love this. The excitement of Seeing a sale never gets old. It’s also great to wake up in the morning, reach for your phone, and also see you made X number of dollars while you were sleeping, and it is all readily available for you to spend. The only caveat to this is Stripe. If your customers pays by card with Stripe, there will be a 3 day hold until the cash is available. That is Stripe however — Payhip doesn’t hold your cash at all.
No Monthly Charges
Among those things that Payhip originally sold me is that there’s no Monthly fees or setup charges — only a simple flat fee of 5 percent per purchase .
This was appealing to me in 2016 Because, at the time, my readership was less than 1/10th of what it’s now, and that I wasn’t positive I was going to consistently sell enough product to justify paying a monthly fee for a similar service like Gumroad. As a relatively new blogger having a little crowd, Payhip was the no-risk solution that best match my scenario.
Simple To Know Analytics
Payhip’s back end offers an analytics page That enables you to view trades and earnings amounts relative to this day, week, month, year, or any other specified selection. Best of all, it is a report that is to-the-point and very simple.
If you used Google Analytics or Facebook analytics, the number of data you’re instantly smacked in the face with can be a bit overwhelming, and lots of it’s mostly useless also. Payhip just gives you what you’re there to see — sales data. Nothing more, nothing less.
Run Promotions with Coupon Codes
Another benefit users of Payhip encounter is By producing coupon codes, promotions to conduct.
The codes may be Enjoy and for any (or all) products. They can run for whatever length you’d like (or even indefinitely,) along with the code itself can even be customized to whatever string of text you would like.
I have found this to be somewhat helpful. Occasionally I’ll conduct a weekend marketing, place it on Facebook raise the post targeting a pixel re-marketing audience and I never fail to go ROI positive by it. People do respond well to limited time offers. Music Magpie
Your Own Affiliate Program
Payhip Provides you the ability to let your Readers register as an affiliate of your store, and whenever someone buys a product using their customized affiliate link, you are able to grant.
This is useful since it allows other people To sell your merchandise the commissions paid will be worth it and if they have a platform and an audience of their own that they can tap into.
Easy Integration with Email Marketing
If you’re into email marketing, you will be Able to easily integrate Payhip along with your email marketing supplier that is preferred so that if a purchase is made, the email address of the purchaser could be added into a list.
This is relatively small but I think it’s Pretty cool so I want to give it a reference — if you desire, you can have Payhip stamp the purchaser’s email address into the upper left corner of each page of a PDF document they have bought.
So if someone intends to Purchase Your PDF Publication make it accessible for free somewhere else, they will need to be okay with their personal email address being publicly available also. I believe that’s a creative means of deterring pirating.
Upload Many Sorts of Files
Payhip is a market for ebooks — It’s possible to upload any kind of electronic file. Font files, video/audio files, photos, software, etc..
Overall Simplicity and Modern Design
One thing that can’t be overlooked whenever You are selling something is your site looks. People don’t trust sites that appear outdated, myself included. If a website looks like it has not been updated since the net 2.0 times, then I start to wonder if perhaps I am in an abandoned construction and putting my payment information to it would pretty much be like throwing my money into a black hole.
That’s not true with Payhip though. The Site has a simple and very modern layout. This is what you would expect a checkout page from a trustworthy company In the event that you should purchase a digital product on the internet. Music Magpie
Another thing that I enjoy about Payhip is its own In general simplicity. In the a visitor lands on your product page, Payhip remains out of the way. They display your images, sales copy, and just the critical info (like price.) They do nothing to interfere with your purchase — no.
Finally, what I really enjoy about Payhip is That customer payment information isn’t stored by them, meaning your customers’ payment details are secure. The payment is completely handled through PayPal or Stripe, and I prefer it that way as they’re large companies with a lot of cash to invest on security.
What I Dislike About Payhip
As much as I enjoy 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 about Payhip is that They don’t have a program. It’d be convenient to have the ability to open an app and take a look while I’m out and around. You do this and may log into the site, but the site isn’t even optimized for mobile devices.
I enjoy Payhip, but that is a really Lousy appearance in 2018. There’s no reason you shouldn’t have a site optimized for mobile, and when you have that, you should be able to easily turn the website itself into it’s own program so users do not need to manually register in each time they would like to inspect sales information. Users of Payhip experience a much better platform when they are on their devices.
No Upsells or Add-Ons At Checkout
On the checkout page, I’d like to see an Extra ability to suggest Other products. If they’re purchasing a package of templates for $5, then I suggest, or could provide a bundle of business card templates for a couple of added bucks. This is something which 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 — with no operation. This could improve the Payhip encounter for both the vendor and the client.
Establish On A Fixed Timezone
This one is frivolous, but I Like to see it corrected.
Since Payhip is located in London, they’ve The working timezone for the entire website place to BST. Since I am located in the EST, I will occasionally check my analytics at 7PM or later and see that I made 0 sales for the day since Payhip thinks it is midnight and its own data reveals that.
Again, this is mostly a non-issue, but I Would love to see that the capability to adjust the site to your timezone. Music Magpie
More Flexibility with Coupon Codes
I know I raved about the coupon It is not quite perfect yet, although Code attribute earlier.
As it stands, the only advertising You can run via a coupon code. I’d love to have the ability to offer a dollar amount off the initial price, or the capability to set a predetermined sale price.
Right Now, if I want to place a merchandise that is $27 Available for $10, manually do the math to figure out what percent off will leave the price and I have to break out the calculator. I believe that is unnecessary and could be made better.
When creating A brand new product in Payhip, you have access to innovative alternatives including —
- Make your product private.
- Insert an ISBN (Internation Standard Book Number) for your eBook.
- Upload sample pages or a preview.
- To how many copies of eBook or your product could be Insert a limit number sold.
- Generate a license key that is exceptional for all your product/eBook sales.
How much does it cost?
Payhip will Cost you nothing to set up or host your products. The website takes just 5 percent commission per transaction fee.
Would I Recommend Payhip?
This leaves us with the burning question: after two years as a seller 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 for something such as Gumroad, then yes, I would recommend Payhip. If you have a massive audience or market a high-ticket merchandise and know that you’ll do at least $1,000 in sales every month, you may want to look into something most cost effective.
As of the date of the writing, Payhip functions On a set fee of 5 percent of each sale. Gumroad’s fee is currently 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 (typically ) prefer Payhip. But if you are selling well into the thousands, you want to decide on Gumroad or look into another alternative. That is largely dependent on how many transactions it requires to achieve those sales numbers though, so make certain to crunch the numbers on your own.
Personally, I love the Payhip Experience and am very thankful for their solutions. I want to see them continue to grow and succeed. Music Magpie