Background My Digital Downloads
Of all the ways of monetizing blog content, my favorite method is Like studying design templates and materials, to create and sell electronic products. I’ve found that it’s extraordinarily rewarding than running ads and products convert at a much higher speed than an affiliate product that somebody else created. The service I use to facilitate this can be Payhip, and this article I will be sharing what I like and dislike about the ceremony based on my Payhip expertise as a seller for 2+ years. My Digital Downloads
My Payhip Experience
If you’ve ever wanted to sell digital products Through your own website, you’ll want a way to facilitate transactions — some kind of infrastructure which will enable a customer to select your product, cover it, and have it immediately delivered to them with whole hands-off automation. Payhip solves this problem.
Payhip is An that gives customers with options and the simplest tools for promoting digital products to their clients and hosting 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 utilizing Payhip?
Each online Platform is different, and I have used a couple of these previously.
For me personally, having A stage that is really easy to use and one that does not require a massive amount of my time is of utmost importance.
Payhip will Save a great deal of time also 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, and it is a huge plus in my book.
- Affordable. The website takes zero fees asides From 5 percent per trade when you sell a item that is digital.
- Accessibility to analytics reports.
- Access to advertising tools. You have the option to create Societal and coupons discounts.
- Ability to signup, handle and reward your own affiliates.
- Access to product sharing programs . Plus it is possible to embed Purchase and your product Now buttons directly on blog or your site.
- The Capacity to setup mailing lists so that your customers can Subscribe and stay current with your electronic goods, and much more.
- Immediate digital product delivery via email link to customers.
What I Like About Payhip
Let’s get to the details. After my two year Payhip experience, here’s what I really like about the service…
Payments Are Instantaneous
Payhip let’s your customers pay with PayPal Or from credit/debit card with Stripe, and they do not cover monthly/weekly/quarterly or make you wait for them to clean some kind of holding period. When a customer makes a purchase, the cash is immediately available on your account, and in case you’ve got the PayPal and also Stripe programs installed on your mobile device, you are going to receive notifications each time a sale happens. My Digital Downloads
I happen to love this. The excitement of Seeing a new sale never gets older. It’s also good to awake in the morning, reach for your telephone, and see that you made X amount of dollars while you were sleeping, and it is all readily available for you to spend. The only caveat to this can be Stripe. If your customers card using Stripe, there’ll be a three day hold until the money is available. This is Stripe though — Payhip does not hold your cash in any way.
No Monthly Fees
One of those things that Payhip initially sold me is that there’s no Monthly charges or setup charges — only a simple flat charge of 5% per purchase .
This was attractive to me Because, at the time, my readership was 1/10th of what it is now, and that I was not positive I was going to consistently sell enough product to justify paying a monthly fee to get a similar service like Gumroad. As a relatively new blogger having a small crowd, Payhip was the quickest solution that best fit my situation.
Easy To Know Analytics
Payhip’s back end Provides an analytics page That lets you see trades and earnings amounts relative to the day, week, month, year, or any other specified range. Best of all, it’s a report that is simple and to-the-point.
If you have ever used Google Analytics or Facebook analytics, the amount of data you’re instantly smacked in the face with can be a bit overwhelming, and a lot of it is mostly useless also. Payhip just provides you what you are there to view — sales information. Nothing more, nothing less.
Run Promotions with Coupon Codes
Another benefit users of Payhip encounter is The capacity to run promotions by creating coupon codes.
The codes may be for any percentage you’d Like and for any (or all) products. They can run for whatever length you want (or even indefinitely,) and the code itself can even be customized to whatever string of text you would like.
I have found this to be somewhat helpful. Sometimes I will conduct a weekend promotion, place it on Facebook, then boost the post targeting a pixel re-marketing audience and I don’t fail to go ROI positive by it. People truly do respond well to limited time offers. My Digital Downloads
Your Own Affiliate Program
Payhip gives you the ability to let your Readers register as an affiliate of your shop, and you can award whenever someone buys a product with their custom affiliate link.
This is useful because it allows other people To sell your products for you, the commissions paid will be well worthwhile and if they have a stage and an audience of their own that they can tap to.
Easy Integration with Email Marketing
You’ll be, if you’re into marketing Able to readily integrate Payhip along with your email marketing provider so that whenever a sale is made, the email address of the purchaser can be added to a listing that is selected.
That is small but I think it’s Pretty cool so I want to give it a reference — if you desire, you’ll have Payhip postage the purchaser’s email address to the top left corner of each page of a PDF document they’ve purchased.
So if someone intends to buy your PDF Publication make it accessible for free somewhere else, they’ll have to be fine with their personal email address being publicly available as well. I believe that’s a creative means of deterring pirating.
Upload Many Kinds of Files
Payhip is not just a market for ebooks — It’s possible to upload any sort of file. Font documents, video/audio files, photographs, software, etc..
Overall Simplicity and Modern Design
One thing that can’t be overlooked whenever You’re selling something is the way present your site appears. People do not trust myself included. If a website looks like it has not been upgraded since the net 2.0 times, then I start to wonder if perhaps I’m in an abandoned building and placing my payment information into 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 that is very modern and easy. If you should buy a product on the world wide web, this is exactly what you’d anticipate a checkout page by a trusted business to appear like. My Digital Downloads
Another thing I enjoy about Payhip is its Overall simplicity. In the a visitor lands on your product page, Payhip stays out of the way. They display your images, sales copy, and only the crucial information (like price.) They do nothing to interfere with your purchase — no.
Finally, what I actually enjoy about Payhip is That customer payment information isn’t stored by them, meaning your clients’ payment details are safe. The payment is managed through PayPal or Stripe, and I prefer it this way as they’re large companies with a lot of cash.
What I Dislike About Payhip
As much as I like Payhip, it’s far from perfect. Here are some things that I dislike about the ceremony and would like to see improved…
No Mobile App
1 thing that bugs me around Payhip is that They don’t possess a mobile app. It’d be convenient to have the ability to start an app while I am out and around and take a look through my data. You do so and can log into the website, but the website isn’t optimized for mobile devices.
I enjoy Payhip, but that is a very Bad look in 2018. There’s no reason you shouldn’t have a website optimized for cellular, and once you’ve got that, you ought to be able to easily turn the site itself right into it’s own program so users do not have to manually sign in each time they want to check sales information. Let users of Payhip experience a platform when they are on their devices.
No Upsells or Add-Ons In Checkout
On the checkout page, I would really like to see an ability to suggest Other products. By way of example, if they’re buying a package of templates for $5, then I might provide a bundle of business card templates or suggest. This is something which sites like VistaPrint and Amazon do quite well.
I can’t help but feel like there is a Great Deal of money Table — for myself and Payhip — with no operation. This could enhance the Payhip encounter for both the vendor and the customer.
Establish On A Fixed Timezone
This one is frivolous, but I had still Like to see it corrected.
Since Payhip is located at London, they’ve BST was place to by the timezone for the whole site. Since I’m located in the EST, I will occasionally check my stats at 7PM or later and see that I made 0 earnings for the day since Payhip believes it’s midnight and its own data reveals that.
Again, this is largely a non-issue, but I Would like to see the capability to adjust the website to your timezone. My Digital Downloads
More Flexibility with Coupon Codes
I know I raved about the voucher It is not quite perfect just yet, although Code attribute earlier.
As it currently stands, the only advertising You can run via a voucher code is to get a percentage off. I’d love to be able to offer a dollar amount from the cost, or the ability to set a sale price that is predetermined.
At the moment, if I want to put a product On sale for $10, do the math to determine what percentage off would leave the final cost at $10 and I have to break out the calculator. I believe that is unnecessary and may be made better.
When creating A new product in Payhip, you also have access to advanced options including —
- Make your merchandise private.
- Add an ISBN (Internation Standard Book Number) for your eBook.
- Publish a sample or preview pages.
- To the number of copies of eBook or your product could be add a limit number sold.
- Create a license key that is exceptional for each of your product/eBook revenue.
How much does it cost?
Payhip will Cost you or host your digital products. The site takes just 5% commission per trade fee.
Can I Recommend Payhip?
This leaves us with the burning question: after 2+ years as a seller on Payhip, do you recommend it? Overall, yes. I am very much a satisfied customer, but whether you ought to use it depends on your situation.
If you’re a new blogger with a small audience And you can’t justify spending $10+ per month for something like Gumroad, then yes, I would recommend Payhip. In case you have a massive audience or sell a high-ticket merchandise and know you’ll be doing at least $1,000 in sales every month, you might want to look into something most cost-efficient.
As of this date of the writing, Payhip works On a set 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 selling $1,000 per month in total quantity, the math should (typically ) prefer Payhip. But if you are selling into the thousands, you’ll probably need to go with Gumroad or look into another alternative. That is all dependent on how many transactions it requires to reach those sales numbers so be sure that you crunch the numbers.
Personally, I love the Payhip Expertise and am very thankful for their solutions. I want to see them continue to grow and succeed. My Digital Downloads