Background Online Products Selling Websites
Of all the ways of monetizing Articles that is blog, my favorite method is Such as learning materials and layout templates, to create and sell products. I’ve discovered that it is extraordinarily profitable than running ads and products convert at a much greater rate compared to an affiliate product that someone else created. The service I use to ease this can be Payhip, and this article 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 Products Selling Websites
My Payhip Experience
If you have ever wanted to sell digital products Through your own website, you are going to want a way to facilitate trades — some sort of infrastructure that will allow a customer to select your goods, pay for it, and have it immediately delivered to them with whole hands-off automation. Payhip solves this problem.
Payhip is An e-commerce platform/website that provides users with the easiest tools and solutions for hosting and selling products to their customers 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 differs, and I have used a few of these previously.
For me, having A stage that is simple to use and one that doesn’t require a massive amount of my time that is precious is of paramount significance.
Payhip will Save you a great deal of time too because everything is taken care of on the Payhip platform.
The Benefits that I’ve gained the most from using Payhip include –
- EU VAT is taken care of, which is a huge plus in my book.
- Affordable. The site takes zero charges asides From 5% per trade when you sell a digital item.
- Accessibility to analytics accounts.
- Access to marketing tools. You have the option to create Coupons and societal discounts.
- Capability to signup, handle and reward your affiliates.
- Access to merchandise sharing programs . Plus you can embed Purchase and your merchandise Now buttons right on your site or blog.
- The ability to set mailing lists so that your customers can Subscribe and stay current with your goods, and much more.
- Instant digital merchandise delivery via email link for buyers.
What I Like About Payhip
Let us get to the details. After my 2+ year Payhip expertise, here’s what I really like about the service…
Upgrades Are Instantaneous
Payhip let’s your customers pay with PayPal Or from credit/debit card using Stripe, and they do not pay out monthly/weekly/quarterly or force you to wait for them to clean some sort of holding period. When a customer makes a purchase, the money is instantly available in your accounts, and in case you’ve got the PayPal and Stripe programs installed on your mobile device, you’ll get notifications whenever a sale happens. Online Products Selling Websites
I happen to love this. The excitement of Seeing a sale never gets old. It’s also great to wake up in the morning, reach to your phone, and see that you made X number of dollars while you’re sleeping, and it’s all readily available for you to spend. The caveat to this is Stripe. If your clients pays by card using Stripe, there’ll be a 3 day hold before the cash is available. This is all Stripe though — Payhip does not hold your money at all.
No Monthly Charges
Among those things that Payhip initially sold me on is that there is no Monthly charges or setup charges — only a simple flat fee of 5% per sale.
This was appealing to me in 2016 Because, at the time, my readership was less than 1/10th of what it is now, and I was not positive I was likely to always sell enough product to warrant 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 match my scenario.
Easy To Understand Analytics
Payhip’s back end Provides an analytics page That lets you view transactions and earnings quantities relative to this day, week, month, year, or some other given selection. On top of that, it is a report.
If you used Google Analytics or Facebook analytics, the number of data you are immediately smacked in the face can be a bit overwhelming, and lots of it’s mostly useless too. 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 experience is The capacity to run promotions by producing coupon codes.
The codes may be for almost any percentage you’d Like and for any (or all) products. They could run for whatever duration you’d like (or even permanently,) and the code itself may even be customized to whatever string of text you desire.
I’ve found this to be helpful. Occasionally I will conduct a weekend promotion, place it on Facebook raise the post targeting a pixel audience that is re-marketing and I never fail to go ROI positive by it. People really do respond to limited time offers. Online Products Selling Websites
Your Own Affiliate Program
Payhip Provides you the capability Readers sign up as an affiliate of your store, and you can grant them a commission of whatever percentage you’d like someone buys a product with their custom affiliate link.
This is useful because it allows other Men and Women To sell your merchandise the commissions paid will be well worth it and if they have an audience of their own and a stage that they can tap into.
Easy Integration with Email Marketing
You will be if you are into advertising Able to readily integrate Payhip along with your email advertising provider so that whenever a sale is made, the purchaser’s email address can be added into a listing that is chosen.
This is small but I think it’s Pretty cool so I want to give it a mention — if you desire, you can have Payhip postage the purchaser’s email address into the top left corner of every page of a PDF document they’ve purchased.
So if someone intends to buy your PDF Book make it available for free they’ll need to be fine with their private email address being publicly accessible. I think that’s a creative means of deterring pirating.
Upload Many Sorts of Files
Payhip isn’t Only a marketplace for ebooks — It’s possible to upload any sort of electronic file. Font files, video/audio documents, photographs, software, etc..
Total Simplicity and Modern Design
One thing that can’t be overlooked whenever You’re selling something is your website appears. Individuals do not trust myself included. If a site looks like it hasn’t been updated because the net 2.0 days, I begin to wonder if perhaps I’m in an abandoned construction and putting my payment info into it’d pretty much be like throwing my money into a black hole.
That’s not the case with Payhip though. The Site has a layout that is very contemporary and easy. This is what you would expect a checkout page from a trustworthy business to appear like, if you should purchase a product on the internet. Online Products Selling Websites
Another thing I like about Payhip is its own In general simplicity. In the a visitor lands on your product page, Payhip remains out of the way. They display your images, sales copy, and only the critical information (such as price.) They do nothing to interfere with your sale — no.
Eventually, what I enjoy about Payhip is That they don’t store customer payment info, meaning your customers’ payment details are safe. The payment is totally handled through PayPal or Stripe, and I prefer it this way as they’re successful companies with lots of money.
What I Dislike About Payhip
As much as I like Payhip, it is far from perfect. Here are some items that I dislike about the ceremony and would like to see enhanced…
No Mobile App
One thing that bugs me about Payhip is that They don’t possess a mobile program. It’d be convenient to have the ability to open an app while I am out and around, and have a look. You do so and may log into the website, but the site isn’t optimized for mobile devices.
I like Payhip, but that is a really Lousy look in 2018. There’s no reason you shouldn’t have a site optimized for mobile, and when you’ve got that, you should be able to easily turn the website itself into it’s own app so users do not have to manually register in every time they want to check sales data. Let users of Payhip encounter a much better platform when they are on their devices.
No Upsells or Add-Ons At Checkout
On the checkout page, I’d really like to see an capability to suggest Other products. For example, if they’re purchasing a bundle of logo templates for $5, I could offer a bundle of business card templates to get a few bucks, or propose some other product that may interest them that they previously didn’t know about. This is something that websites like Amazon and VistaPrint do very 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 encounter for both the customer and the vendor.
Set On A Fixed Timezone
This one is frivolous, but I Prefer to see it corrected.
Since Payhip is located in London, they have BST was place to by The functioning timezone for the entire website. Since I am located in the EST, I will occasionally check my stats at 7PM or later and see that I made 0 sales for the day since Payhip thinks it is midnight and its information reflects that.
This is largely a non-issue, but I Would like to observe the ability to adjust the site to your timezone. Online Products Selling Websites
More Flexibility with Coupon Codes
I know I raved about the voucher It is not perfect just yet, although Code attribute earlier.
As it stands, the only advertising You can run via a coupon code. I’d love to be able to supply a dollar amount to set a sale price that is specified.
At the moment, if I Need to place a merchandise that is $27 On sale for $10, do the math to determine what percentage off will render the last price and I must break out the calculator. I think this is unnecessary and could be made better.
When creating A brand new product in Payhip, you have access to advanced options including —
- Make your product private.
- Add an ISBN (Internation Standard Book Number) for your eBook.
- Publish a preview or sample pages.
- To how many copies of your product or eBook could be, add a limit amount sold.
- Create a license key that is exceptional for all your product/eBook revenue.
How much does it cost?
Payhip will Cost you nothing or even 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 2years as a seller on Payhip, would you recommend it? Overall, yes. I am a client, but whether or not you ought to use it depends on your situation.
If you’re a new blogger with a small audience And you can not justify spending $10+ per month for something like Gumroad, then yes, I would recommend Payhip. If you know that you’ll be doing at least $ 1,000 in sales each month and sell a high-ticket product or have a massive audience, you might want to check into something most cost-efficient.
As of the date of the writing, Payhip works On a flat fee of 5 percent of every sale. Gumroad’s fee is currently 3.5% + $0.30 per transaction + $10 per month.
If you are going to be promoting $1,000 a month in total quantity, the mathematics should (in most cases) prefer Payhip. But if you are selling well into the thousands, you’ll probably want to go with Gumroad or start looking into some other alternative. That is largely dependent on how many transactions it takes to reach those sales numbers, however, so be certain that you crunch the numbers for yourself.
Personally, I absolutely love the Payhip Expertise and am grateful for their services. I want to see them continue to grow and succeed. Online Products Selling Websites