Intro Online Ebook Store
Of All of the ways of Creating Articles, my Strategy is Like studying design templates and materials, to make and sell products. I’ve found that it is extraordinarily profitable than running ads from networks such as AdSense, and self-made products convert at a significantly higher rate than an affiliate product that someone else created. The support I use to facilitate this is Payhip, and this post I will be sharing what I like and dislike about the ceremony based on my Payhip experience as a vendor for 2+ years. Online Ebook Store
My Payhip Experience
If you wanted to sell 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 goods, pay for it, and also have it instantaneously delivered to them with complete hands-off automation. Payhip solves this issue.
Payhip is An e-commerce platform/website that provides users with the tools and options for hosting and selling products directly 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’ve used a few of them previously.
Having A stage that is so 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 because everything is cared for on the Payhip platform.
The Benefits that I’ve gained the most from using Payhip comprise –
- EU VAT is cared for, and it is a big plus in my book.
- Affordable. The website takes zero charges asides From 5 percent per transaction when you sell a digital product.
- Accessibility to analytics accounts.
- 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 tools. Plus you can embed Your product and purchase Now buttons on blog or your own website.
- The Capacity to set mailing lists so that your customers can Subscribe and remain up to date with your goods, and much more.
- Immediate digital merchandise delivery via email link for customers.
What I Like About Payhip
Let us get to the details. Following my 2 year Payhip experience, here’s what I really like about the service…
Upgrades Are Instantaneous
Payhip let us your customers pay with PayPal Or by credit/debit card using Stripe, plus they do not cover monthly/weekly/quarterly or force you to wait around for them to clean some sort of holding period. When a client makes a purchase, the cash is immediately available on your accounts, and if you’ve got the PayPal and Stripe programs installed on your mobile device, you’ll get notifications whenever a sale happens. Online Ebook Store
I happen to love this. The excitement of Seeing a brand new sale never gets older. It’s also great to wake up in the morning, reach to your telephone, and see you made X amount of dollars while you were sleeping, and it’s all readily available for you to spend. The caveat to this can be Stripe. If your customers pays by card using Stripe, there will be a 3 day hold before the cash is available. This is Stripe however — Payhip does not hold your money at all.
No Monthly Fees
Among the things that Payhip originally sold me is that there’s no Monthly fees or installation charges — only a simple flat charge of 5% per sale.
This was appealing to me in 2016 Since, at the moment, my readership was less than 1/10th of what it’s now, and I was not positive that I was likely to always sell enough product to warrant paying a monthly fee to get a similar service such as Gumroad. As a relatively new blogger having a little audience, Payhip was the no-risk solution that best match my situation.
Simple To Understand Analytics
Payhip’s back end offers an page That lets you view trades and earnings quantities relative to this day, month, week, year, or some other given range. On top of that, it is a report.
If you used Google Analytics or Facebook analytics, the number of data you’re instantly smacked in the face can be somewhat overwhelming, and lots of it’s largely useless too. Payhip just provides you what you’re there to view — revenue information. Nothing more, nothing less.
Run Promotions with Coupon Codes
Another advantage users of Payhip encounter is The ability to run promotions by producing coupon codes.
The codes can be for almost any percentage you would Like and for any (or all) products. They can run for whatever duration you want (or even indefinitely,) and the code itself may even be customized to whatever string of text you would like.
I have found this to be helpful. Sometimes I’ll run a weekend marketing, post it on Facebook raise the article targeting a pixel re-marketing audience and I don’t fail to go ROI positive with it. People do respond to limited time offers. Online Ebook Store
Your Own Affiliate Program
Payhip Provides you the capability to let your Readers sign up as an affiliate of your shop, and you are able to award them a commission of whatever percentage you would like someone purchases a product with their customized affiliate link.
This is useful because it allows people To sell your products the commissions paid will be well worthwhile, and if they have a stage and an audience of their own that they can tap into.
Easy Integration with Email Marketing
You’ll be, if you are into email marketing Able to incorporate Payhip along with your email marketing provider that is chosen so that whenever a purchase is made, the purchaser’s email address can be added to a list.
That is small but I think it’s Pretty cool so I wish to give it a mention — if you so desire, you can have Payhip stamp the purchaser’s email address into the upper left corner of every page of a PDF document they’ve bought.
So if someone plans to buy your PDF Publication make it accessible for free somewhere else, they’ll need to be fine with their email address being accessible. I believe that is a means of deterring pirating.
Upload Most Sorts of Files
Payhip isn’t just a marketplace for ebooks — It’s possible to upload just about any kind of file. Font documents, video/audio documents, photos, software, etc..
Overall Simplicity and Modern Design
One thing that can not be overlooked whenever You’re selling something is how current your website appears. Individuals generally do not trust websites that appear obsolete, myself included. If a website looks like it hasn’t 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 would pretty much be just like throwing my money into a black hole.
That’s not true with Payhip though. The Site has a very modern and easy design. This is exactly what you’d expect a checkout page from a business to appear like if you were to purchase a digital product on the internet. Online Ebook Store
Another thing I enjoy 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 crucial info (such as price.) They do absolutely nothing to interfere with your purchase — no.
Finally, what I actually like about Payhip is That they do not store customer payment information, meaning your customers’ payment details are secure. The payment is totally handled through Stripe or PayPal, and I prefer it that way as they’re large, successful companies with a lot 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 improved…
No Mobile App
One thing that bugs me around Payhip is that They do not possess a mobile program. It would be convenient to have the ability to open an app while I am out and about, and take a look during my earnings data. The site is optimized for mobile devices, although you do this and can log in to the website.
I enjoy Payhip, but this is a really Lousy look in 2018. There is no reason you should not have a website optimized for mobile, and once you have that, you should be able to easily turn the site itself right into it’s own program so users do not have to manually sign in every time they would like to check sales data. Permit users of Payhip experience a platform when they are on their cellular devices.
No Upsells or Add-Ons At Checkout
On the checkout page, I would like to see an Extra ability to indicate Other products. If they’re purchasing a bundle of templates for $5, I propose some other product which could interest them they previously didn’t know about, or might provide a bundle of business card templates to get a few bucks. This is something which websites like Amazon and VistaPrint do.
I can not help but feel as though there is a lot 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’d still Prefer to see it corrected.
Since Payhip is located at London, they have BST was place to by The functioning timezone for the whole website. Since I am located in the EST, I will sometimes check my analytics at 7PM or later and see that I left 0 sales for the day because Payhip believes it’s midnight and its own data reflects that.
This is a non-issue, however I Would like to observe the ability to adjust the website to your own timezone. Online Ebook Store
More Flexibility with Coupon Codes
I know I raved about the coupon It is not quite perfect, although code feature earlier.
As it now stands, the advertising You’re able to run through a voucher code is for a percentage off. I’d like to be able to offer a dollar amount to set a sale price that is specified.
At the moment, if I want to put a merchandise that is $27 On sale for $10, I must break out the calculator and manually do the math to determine what percentage off will render the final price at $10. I believe that is unnecessary and could be made better.
When creating A new product in Payhip, you have access to innovative options including —
- Make your merchandise personal.
- Insert an ISBN (Internation Standard Book Number) for your eBook.
- Publish a couple of preview or sample pages.
- To how many copies of your product or market can be, add a limit amount sold.
- Create a license key that is exceptional .
Just how much does this cost?
Payhip will Cost you to set up or even host your digital products. The site takes only 5% commission per transaction fee.
Would I Recommend Payhip?
This leaves us with the burning question: after two years as a seller on Payhip, would you recommend it? Total, yes. I am a customer, but whether or not 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+ per month for something such as Gumroad, then yes, I would recommend Payhip. However, in case you know you’ll be doing at least $ 1,000 in sales every month and sell a product that is high-ticket or have a massive audience, you might want to look into something.
As of the date of this writing, Payhip functions On a flat fee of 5% of every 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 into the thousands, you want to go with Gumroad or start looking into some other alternative. This is mostly dependent on how many transactions it requires to reach those sales numbers so be certain that you crunch the numbers.
Personally, I absolutely love the Payhip Experience and am really grateful for their services. I want to see them continue to grow and succeed. Online Ebook Store