Introduction Online Digital Sales
Of All of the ways of Creating content, my method is Such as learning design templates and materials, to make and sell electronic products. I’ve found that it’s extraordinarily rewarding than running advertisements from networks such as AdSense, and self explanatory products convert at a higher rate compared to an affiliate product that someone else created. The support I use to ease this can be Payhip, and this post I will be discussing what I both like and dislike about the service based in my Payhip experience for a vendor for two + years. Online Digital Sales
My Payhip Experience
If you wanted to market products Through your own site, you’ll want a way to facilitate trades — some sort of infrastructure which will enable a client 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 customers with solutions and the tools for hosting and selling products to their clients online.
The company Was co-founded by Abs Farah and Kahin Farah and is now based in my capital city of London.
What are the benefits of utilizing Payhip?
Each online Platform is different, and I have used a few of these previously.
For me personally, having A stage that is simple to use and one that doesn’t take a massive amount of my time is of utmost importance.
Payhip will Save a lot of time also because everything is cared for on the Payhip platform.
The Benefits that I’ve gained the most from using Payhip include –
- EU VAT is taken care of, which can be a big plus in my book.
- Affordable. The website takes zero fees asides From 5% per transaction when you sell a item that is digital.
- Access to analytics accounts.
- Access to marketing tools. You have the option to create Coupons and social discounts.
- Capability to signup, manage and reward your own affiliates.
- Access to product sharing tools. Plus it is possible to embed Purchase and your merchandise Now buttons directly on your site or blog.
- The ability to set mailing lists so that your clients can Subscribe and remain up to date with your digital goods, and more.
- Instant digital merchandise shipping via email link for customers.
What I Like About Payhip
Let’s get to the details. After my two year Payhip experience, here’s what I love about the ceremony…
Upgrades Are Instantaneous
Payhip let’s your customers pay with PayPal Or from credit/debit card using Stripe, and they do not cover monthly/weekly/quarterly or force you to wait for them to clear some sort of holding period. When a customer makes a purchase, the money is immediately available in your account, and in case you have the PayPal and also Stripe apps installed on your mobile device, you’ll get notifications whenever a sale happens. Online Digital Sales
I happen to appreciate this. The excitement of Seeing a new sale never gets older. It’s also great to wake up in the morning, reach for your phone, and see that you made X number of dollars while you were sleeping, and it is all easily available for you to spend. The only caveat to this is Stripe. If your customers card with Stripe, there will be a 3 day hold until the money is available. This is all Stripe however — Payhip doesn’t hold your money at all.
No Monthly Charges
Among the things that Payhip originally sold me is that there’s no Monthly fees or setup charges — just a simple flat charge of 5 percent per purchase .
This was attractive to me Because, at the time, my readership was less than 1/10th of what it’s now, and I was not positive I was likely to always sell enough product to justify paying a monthly fee to get a similar service such as Gumroad. As a relatively new blogger having a small crowd, Payhip was the no-risk solution that best fit my situation.
Easy To Know Analytics
Payhip’s back end offers an page That enables you to view trades and earnings quantities relative to the day, week, month, year, or some other given selection. Best of all, it’s a straightforward and to-the-point report.
If you have used Google Analytics or Facebook analytics, the number of information you’re immediately smacked in the face can be somewhat overwhelming, and lots of it is largely useless too. Payhip just provides you what you are there to see — revenue information. Nothing more, nothing less.
Run Promotions with Coupon Codes
Another advantage users of Payhip encounter is The capacity to conduct promotions by producing coupon codes.
The codes may be Like and for any (or all) products. They could run for whatever duration you’d like (or even permanently,) and the code itself can even be customized to whatever series of text you desire.
I have found this to be somewhat useful. Occasionally I will run a weekend promotion, place it on Facebook, then boost the article targeting a pixel audience and I don’t fail to go ROI positive with it. People really do respond well to limited time offers. Online Digital Sales
Your Own Affiliate Program
Payhip Provides you the capability to let your Readers register as an affiliate of your shop, and someone buys a product you are able to grant them a commission of whatever percent you’d like.
This is useful because it allows other people To market your merchandise for you, and should they have a platform and an audience of their own they can tap to, the commissions paid will be well worth it.
Easy Integration with Email Marketing
You’ll be, if you’re into email advertising Able to incorporate Payhip along with your email marketing provider that is chosen so that whenever a purchase is made, the buyer’s email address could be added to a list that is chosen.
This is relatively small but I think it’s Pretty cool so I want to give it a reference — if you so desire, you can have Payhip stamp the buyer’s email address to the top left corner of each page of a PDF document they’ve purchased.
So if someone intends to Purchase Your PDF Book then make it publicly accessible for free they’ll have to be fine with their email address being publicly available as well. I believe that’s a way of deterring pirating.
Upload Most Kinds of Files
Payhip isn’t Only a market for ebooks — It’s possible to upload virtually any sort of file. Font files, video/audio documents, photographs, software, etc..
Total Simplicity and Modern Design
One thing that can not be overlooked whenever You are selling something is the way current your website appears. Individuals generally don’t trust myself included. If a website looks like it has not been upgraded because the web 2.0 days, I start to wonder if maybe I’m in an abandoned construction and putting my payment information to it’d pretty much be just like throwing my money into a black hole.
That is not true with Payhip though. The Site has a simple and very contemporary layout. In the event that you should purchase a digital product on the world wide web, this is exactly what you’d expect a checkout page from a trustworthy company. Online Digital Sales
Another thing I enjoy about Payhip is its Overall simplicity. In the a visitor lands on your product page, Payhip remains out of the way. They display your graphics, sales copy, and only the crucial information (like price.) They do nothing to interfere with your sale — no.
Finally, what I like about Payhip is That they don’t store customer payment information, meaning that your customers’ payment details are safe. The payment is handled through Stripe or PayPal, and I prefer it that way because they are successful companies with a lot of money to spend on security.
What I Dislike About Payhip
As much as I enjoy Payhip, it’s far from perfect. Here are some items that I dislike about the ceremony and would like to see improved…
No Mobile App
One thing that bugs me about Payhip is that They don’t have a mobile program. It would be convenient to have the ability to open an app while I’m out and about and take a look. The website isn’t even optimized for mobile devices, although you do so and may log in to the site.
I like Payhip, but this is a very Bad appearance in 2018. There’s no reason you shouldn’t have a website optimized for mobile, and once you have that, you ought to be able to easily turn the site itself into it’s own program so users don’t have to manually register in each time they want to inspect sales data. Users of Payhip encounter a better platform when they’re on their mobile devices.
No Upsells or Add-Ons At Checkout
On the checkout page, I’d really like to see an Extra ability to indicate Other products. For instance, if they are buying a bundle of logo templates for $5, I propose, or might provide a package of business card templates to get a couple of added bucks. This is something which websites 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 — without this operation. This could enhance the Payhip experience for both the customer and the seller.
Establish On A Fixed Timezone
This one is frivolous, but I Prefer to see it corrected.
Considering that Payhip is located at London, they have The functioning timezone for the website place to BST. Since I am found in the EST, I’ll sometimes check my analytics at 7PM or afterwards and see that I left 0 earnings for the day since Payhip believes it’s midnight and its data reflects that.
Again, this is largely a non-issue, but I Would love to observe the ability to correct the site to your timezone. Online Digital Sales
More Flexibility with Coupon Codes
I know I raved about the coupon It is not perfect, although code feature earlier.
As it stands, the only advertising You’re able to run via a voucher code. Ideally, I’d love to have the ability to supply a dollar amount to set a sale price that is specified.
Right Now, if I Need to put a product that is $27 On sale for $10, manually do the math to determine what percent off will leave the price at $10 and I must break out the calculator. I think that is unnecessary and could be improved.
When creating A new product in Payhip, you have access to innovative options which include —
- Make your product private.
- Add an ISBN (Internation Standard Book Number) to your eBook.
- Upload sample pages or a preview.
- To how many copies of your product or eBook can be, Insert a limitation number sold.
- Create a license key that is unique .
How much does this cost?
Payhip will Cost you to set up or even host your products. The site takes only 5 percent commission per trade 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 very much a client, but whether you should use it depends on your situation.
If you are a new blogger with a small audience And you can not justify spending $10+ per month to get something such as Gumroad, then yes, I would recommend Payhip. However, if you know that you’ll do at least $ 1,000 in sales each month and sell a merchandise that is high-ticket or have a massive audience, you might want to check into something.
As of this date of this writing, Payhip functions On a flat fee of 5 percent of each sale. Gumroad’s fee is now 3.5% + $0.30 per transaction + $10 a month.
If you’re going to be selling $1,000 per month in total quantity, the math should (in most cases) prefer Payhip. But if you are selling well into the thousands, you need to go with Gumroad or start looking into some choice. That is dependent on how many transactions it takes to reach those sales numbers though, so make certain that you crunch the numbers on your own.
Personally, I absolutely love the Payhip Expertise and am grateful for their solutions. I want to see them continue to grow and succeed. Online Digital Sales