Background Music Selling Platforms
Of All of the ways of monetizing Articles that is blog, my favorite Strategy is To make and sell products like studying layout templates and materials. I have discovered that it’s extraordinarily rewarding than running advertisements and products convert at a greater speed compared to an affiliate product that somebody else created. The support I use to ease this can be Payhip, and in this article I’ll be discussing what I like and dislike about the service based on my Payhip experience as a vendor for two + years. Music Selling Platforms
My Payhip Experience
If you wanted to market digital products Through your own site, you are going to want a way to facilitate transactions — some sort of infrastructure which will enable a customer to select your goods, pay for it, and also have it immediately delivered to them with complete hands-off automation. Payhip solves this issue.
Payhip is An e-commerce platform/website that gives users with the easiest tools and solutions for hosting and promoting electronic products directly 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.
What are the advantages of utilizing Payhip?
Each online Platform differs, and I’ve used a few of these previously.
For me, having A stage that is easy to use and one that does not take a massive amount of my valuable time is of utmost importance.
Payhip will Save you a great deal of time because everything is cared for on the Payhip platform.
The Benefits that I’ve gained the most from utilizing Payhip include –
- EU VAT is cared for, which can be a huge plus in my book.
- Affordable. The website takes zero fees asides From 5 percent per trade when you sell a digital product.
- Accessibility to analytics reports.
- Access to advertising tools. You have the option to create Coupons and social discounts.
- Capability to signup, manage and reward your affiliates.
- Access to merchandise sharing programs . Plus it is possible to embed Buy and your product Now buttons on your site or blog.
- The ability to setup mailing lists so that your clients can Subscribe and remain up to date with your digital products, and more.
- Immediate digital product delivery via email link for buyers.
What I Like About Payhip
Let us get to the details. After my 2 year Payhip experience, here’s what I love about the service…
Upgrades Are Instantaneous
Payhip let’s your customers pay with PayPal Or by credit/debit card with Stripe, plus they don’t cover monthly/weekly/quarterly or force you to wait around for them to clear some sort of holding period. When a client makes a purchase, the money is instantly available in your accounts, and if you have the PayPal and Stripe apps installed on your mobile device, you’ll receive notifications each time a sale happens. Music Selling Platforms
I happen to love this. The excitement of Seeing a sale that is brand new never gets older. It’s also good to wake up in the morning, reach for your telephone, and see that you made X amount 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 clients pays by card with Stripe, there’ll be a 3 day hold before the cash is available. This is all Stripe however — Payhip doesn’t hold your cash in any way.
No Monthly Fees
Among those things that Payhip initially sold me is that there’s no Monthly charges or installation charges — just a simple flat charge of 5% per sale.
This was appealing to me in 2016 Because, at the moment, my readership was 1/10th of what it’s now, and that I wasn’t positive that I was likely to always sell enough product to justify paying a monthly fee for a similar service like Gumroad. As a relatively new blogger having a little audience, Payhip was the no-risk solution that best fit my situation.
Easy To Understand Analytics
Payhip’s back end offers an analytics page That enables you to view transactions and earnings amounts relative to this day, month, week, year, or some other given selection. Best of all, it is a report that is to-the-point and straightforward.
If you used Google Analytics or Facebook analytics, the amount of data you’re immediately smacked in the face can be somewhat overwhelming, and a lot of it is mostly useless also. Payhip just provides you exactly what you’re there to view — sales data. Nothing more, nothing less.
Run Promotions with Coupon Codes
Another advantage users of Payhip encounter is By producing coupon codes promotions to conduct.
The codes can be Enjoy and for any (or all) products. They can run for whatever duration you want (or even indefinitely,) along with the code itself may even be customized to whatever series of text you would like.
I’ve found this to be helpful. Occasionally I’ll conduct a weekend promotion, place it on Facebook, then raise the article targeting a pixel audience that is re-marketing and I don’t fail to go ROI positive with it. People do respond to limited time offers. Music Selling Platforms
Your Own Affiliate Program
Payhip gives you the ability Readers sign up as an affiliate of your shop, and you are able to award them a commission of whatever percentage you’d like if someone purchases a product using their customized affiliate link.
This is useful since it allows other Men and Women To sell your products the commissions paid will be well worthwhile and if they have a platform and an audience of their own they can tap into.
Easy Integration with Email Marketing
You will be if you are into advertising Able to integrate Payhip along with your chosen email marketing provider so that whenever a purchase is made, the email address of the purchaser can be added into a listing.
This is 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 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 Book then make it publicly accessible for free somewhere else, they’ll have to be fine with their private email address being publicly available. I think that’s a creative way of deterring pirating.
Upload Many Sorts of Files
Payhip is not just a market for ebooks — You can upload virtually any sort of digital file. Font documents, video/audio documents, photos, software, etc..
Total Simplicity and Modern Design
1 thing that can’t be overlooked whenever You’re selling something is how current your site appears. Individuals don’t trust sites which appear outdated, myself included. If a site looks like it hasn’t been updated since the net 2.0 days, I begin to wonder if perhaps I am in an abandoned building and placing my payment info to it would pretty much be just like throwing my money into a black hole.
That’s not the case with Payhip though. The Website has a design that is simple and very modern. This is exactly what you’d expect a checkout page by a trusted company to look like, In the event that you should buy a product on the world wide web. Music Selling Platforms
Another thing I like about Payhip is its own Overall 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 (such as price.) They do nothing to interfere with your sale — no self-promotion whatsoever.
Finally, what I like about Payhip is That customer payment information isn’t stored by them, meaning that your clients’ payment details are secure. The payment is completely handled through PayPal or Stripe, and I prefer it that way because they are large, 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 ceremony and would like to see enhanced…
No Mobile App
1 thing that bugs me about Payhip is that They don’t possess a program. It’d be convenient to have the ability to open an app while I’m out and about, and have a look during my data. You can log in to the website and do this, but the site is optimized for mobile devices.
I enjoy Payhip, but this is a very Bad look in 2018. There’s no reason you should not have a site optimized for mobile, and when you’ve got that, you ought to be able to easily turn the website itself right into it’s own program so users don’t have to manually register in each time they want to inspect sales information. Users of Payhip experience a platform when they’re on their devices.
No Upsells or Add-Ons At Checkout
On the checkout page, I would really like to see an Extra ability to indicate Other products similar to what the customer is about to buy. By way of example, if they are buying a bundle of templates for $5, I suggest some other product which could interest them they didn’t know about, or might offer a bundle of business card templates for a couple of extra dollars. This is something that websites like VistaPrint and Amazon do well.
I can’t help but feel as though there’s a Great Deal of money Table — for both myself and Payhip — with no functionality. This could improve the Payhip experience for both the customer and the vendor.
Establish On A Fixed Timezone
This one is largely frivolous, but I had still Like to see it corrected.
Since Payhip is located in London, they have BST was place to by The functioning timezone for the website. Since I’m found in the EST, I will sometimes check my stats at 7PM or afterwards and see that I left 0 sales for the day because Payhip thinks it’s midnight and its data reflects that.
This is mostly a non-issue, however I Would like to observe the ability to correct the website to your timezone. Music Selling Platforms
More Flexibility with Coupon Codes
I know I raved about the voucher Code feature but it’s not quite perfect.
As it now stands, the promotion You can run via a coupon code is for a percent off. I’d love to have the ability to offer a dollar amount to set a specified sale price.
Right Now, 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 will leave the last cost at $10. I think that is unnecessary and may be improved.
When creating A brand new product in Payhip, you have access to innovative options including —
- Make your merchandise personal.
- Add an ISBN (Internation Standard Book Number) to your eBook.
- Publish sample pages or a preview.
- To the number of copies of market or your product can be Insert a limitation amount sold.
- Generate a license key that is exceptional .
How much does it cost?
Payhip will Cost you to establish or host your electronic products. The website takes only 5 percent commission per trade fee.
Can 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 very much a customer, but whether you should use it depends on your situation.
If you’re a new blogger with a small audience And you can not justify spending $10+ a month for something such as Gumroad, then yes, I would absolutely recommend Payhip. In case you know you’ll be doing at least $ 1,000 in sales every month and sell a high-ticket product or have a massive audience, you might want to check into something.
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’re going to be selling $1,000 a month in total quantity, the mathematics should (typically ) favor Payhip. But if you’re selling into the thousands, you are probably going to need to go with Gumroad or look into another alternative. This is dependent on the number of transactions it requires to reach those sales numbers so be certain to crunch the numbers for yourself.
Personally, I love the Payhip Experience and am really grateful for their solutions. I would like to see them continue to grow and succeed. Music Selling Platforms