Introduction Online Product Selling Sites
Of all the ways of Creating content that is blog, my method is To make and sell digital products. I’ve found that it is extraordinarily more rewarding than running advertisements and self-made products convert at a significantly greater speed compared to an affiliate product that somebody else created. The service I use to ease 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 Product Selling Sites
My Payhip Experience
If you have ever wanted to sell products Through your own website, you’ll need a way to facilitate transactions — some kind of infrastructure which will enable a customer to select your product, cover 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 provides customers with the tools and solutions for selling digital products to their clients and hosting 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 differs, and I have used a couple of them in the past.
Having A stage that is easy to use and one that doesn’t require a huge amount of my precious time is of utmost significance.
Payhip will Save a lot of time because everything is taken care of on the Payhip platform.
The Advantages that I’ve gained the most from utilizing Payhip comprise –
- EU VAT is taken care of, which can be a big plus in my book.
- Affordable. The site takes zero charges asides From 5% per transaction when you sell a digital item.
- Access to analytics accounts.
- Access to marketing tools. You have the option to make Social and Coupons discounts.
- Capability to signup, manage and reward your own affiliates.
- Access to product sharing tools. Plus it is possible to embed Purchase and your product Now buttons on blog or your own website.
- The Capacity to set mailing lists so that your customers can Subscribe and stay current with your goods, and much more.
- Immediate digital product shipping via email link for customers.
What I Enjoy About Payhip
Let’s get to the information. Following my two + year Payhip expertise, Here Is What I love about the service…
Payments Are Instantaneous
Payhip let’s your customers pay with PayPal Or from credit/debit card using Stripe, plus they don’t cover monthly/weekly/quarterly or force you to wait for them to clean some kind of holding period. When a customer makes a purchase, the money is immediately available in your accounts, and in case you’ve got the PayPal and also Stripe apps installed on your mobile device, you’ll get notifications whenever a sale happens. Online Product Selling Sites
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 to your telephone, and also see you made X amount of dollars while you’re sleeping, and it is all easily available for you to spend. The caveat to this is Stripe. If your customers pays by card using Stripe, there’ll be a 3 day hold until the cash is available. This is Stripe though — Payhip doesn’t hold your money in any way.
No Monthly Charges
Among the things that Payhip initially sold me on is that there is no Monthly charges or setup charges — just a simple flat charge of 5% per sale.
This was appealing to me back in 2016 Because, at the time, my readership was 1/10th of what it is now, and that I wasn’t positive 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 crowd, Payhip was the no-risk solution that best fit my scenario.
Simple To Understand Analytics
Payhip’s back end Provides an analytics page That lets you view transactions and earnings amounts relative to this day, week, month, year, or some other specified selection. Best of all, it’s a report.
If you’ve used Google Analytics or Facebook analytics, the amount of information you’re instantly smacked in the face can be a bit overwhelming, and lots of it’s mostly useless too. Payhip just provides you exactly what you’re there to view — revenue information. Nothing more, nothing less.
Run Promotions with Coupon Codes
Another advantage users of Payhip encounter is By creating coupon codes promotions to run.
The codes may be for any percentage you’d Enjoy and for any (or all) products. They can run for whatever length you want (or even indefinitely,) along with the code itself may even be customized to whatever string of text you desire.
I’ve found this to be helpful. Occasionally I’ll conduct a weekend marketing, place it on Facebook, then boost the article targeting a pixel audience and I never fail to go ROI positive with it. People truly do respond well to limited time offers. Online Product Selling Sites
Your Own Affiliate Program
Payhip Provides you the capability to let your Readers sign up as an affiliate of your shop, and you can grant them a commission of whatever percentage you would like someone purchases a product with their custom affiliate link.
This is useful because it allows other Men and Women To sell your merchandise for you, and should they have a stage and an audience of their own that they can tap to, the commissions paid will be well worth it.
Easy Integration with Email Marketing
If you’re into email advertising, you will be Able to incorporate Payhip with your email advertising supplier that is chosen so that a purchase is made, the purchaser’s email address could be added into a chosen listing.
That is minor but I think it’s Pretty cool so I want to give it a reference — if you so desire, you’ll have Payhip postage the purchaser’s email address to the upper left corner of each page of a PDF document they’ve bought.
So if someone intends to Purchase Your PDF Book make it publicly accessible for free they will have to be fine with their email address being publicly available also. I think that’s a way of deterring pirating.
Upload Most Kinds of Files
Payhip is not just a market for ebooks — It’s possible to upload any kind of file. Font files, video/audio files, photos, software, etc..
Overall Simplicity and Modern Design
1 thing that can not be overlooked whenever You are selling something is your website looks. Individuals generally don’t trust sites that appear obsolete, myself included. If a site looks like it has not been upgraded since the net 2.0 times, then I begin to wonder if maybe I am in an abandoned construction and placing my payment info to it’d pretty much be 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 contemporary. This is exactly what you’d expect a checkout page by a trusted company, In the event that you were to purchase a product on the world wide web. Online Product Selling Sites
Another thing I enjoy about Payhip is its own In general simplicity. In the moment a visitor lands on your product page, Payhip remains out of the way. They display your graphics, sales copy, and only the crucial info (such as price.) They do nothing to interfere with your purchase — no self-promotion whatsoever.
Finally, what I like about Payhip is That they do not store customer payment info, meaning your customers’ payment details are secure. The payment is totally managed through PayPal or Stripe, and I prefer it that way because they’re large, successful companies with lots of cash to spend on top-shelf security.
What I Dislike About Payhip
As much as I like Payhip, it is 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 around Payhip is that They do not have a mobile app. It’d be convenient to be able to start an app while I’m out and around and have a look. You may log in to the website and do so, but the website is optimized for mobile devices.
I like Payhip, but that is a really Bad appearance in 2018. There’s no reason you should not have a website optimized for cellular, and when you have that, you should be able to easily turn the website itself right into it’s own program so users do not need to manually sign in each time they want to check sales information. Let users of Payhip encounter a better platform when they are on their mobile devices.
No Upsells or Add-Ons In Checkout
On the checkout page, I’d really like to see an Extra capability to suggest Other products similar to what the client is going to buy. If they’re purchasing a package of templates for $5, then I might provide a bundle of business card templates or propose some other product that could interest them they previously didn’t know about. This is something that websites like VistaPrint and Amazon do very well.
I can not help but feel like there’s a Great Deal of money Table — for myself and Payhip — with no functionality. This may improve the Payhip experience for both the customer and the seller.
Set On A Fixed Timezone
This one is frivolous, but I Like to see it corrected.
Since Payhip is located in London, they have BST was set to by the timezone for the website. Since I am found in the EST, I will occasionally check my analytics at 7PM or later and see that I left 0 sales for the day since Payhip believes it is midnight and its own data reveals that.
Again, this is largely a non-issue, but I Would like to observe that the ability to correct the website. Online Product Selling Sites
More Flexibility with Coupon Codes
I know I raved about the coupon It is not quite perfect just yet, although code feature earlier.
As it stands, the advertising You can run through a voucher code is to get a percent off. I’d like to have the ability to offer a dollar amount from the price, or the capability to set a sale price that is predetermined.
At the moment, if I want to place a merchandise that is $27 Available for $10, do the math to determine what percent off would render the cost and I have to break out the calculator. I think this is unnecessary and could be made better.
When creating A new product in Payhip, you also have access to advanced alternatives which include —
- Make your merchandise private.
- Insert an ISBN (Internation Standard Book Number) to your eBook.
- Publish a preview or sample pages.
- Add a limitation amount to how many copies of market or your product can be sold.
- Create a unique license key for all your product/eBook revenue.
How much does this cost?
Payhip will Cost you nothing to establish or host your digital products. The website takes just 5 percent commission per trade fee.
Can I Recommend Payhip?
This leaves us with the burning question: after two + years as a vendor on Payhip, would you recommend it? Total, yes. I am a happy customer, but whether you ought to 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 to get something like Gumroad, then yes, I would recommend Payhip. However, if you sell a merchandise that is high-ticket or have a massive audience and know that you’ll do at least $ 1,000 in sales each month, you may want to look 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 now 3.5% + $0.30 per transaction + $10 per month.
If you’re going to be selling $1,000 a month in total volume, the mathematics should (typically ) favor Payhip. But if you’re selling into the thousands, you are probably going to want to go with Gumroad or start looking into some choice. This is dependent on how many transactions it takes to reach those sales numbers so be certain that you crunch the numbers.
Personally, I love the Payhip Experience and am grateful for their services. I want to see them continue to grow and succeed. Online Product Selling Sites