Background Open Ebooks
Of All of the ways of Creating Articles, my favorite method is Like studying layout templates and materials to create and sell electronic products. I’ve found that it’s extraordinarily profitable than running ads and self-made products convert at a much higher rate compared to an affiliate product that somebody else created. The support I use to facilitate this is Payhip, and in this post I’ll be discussing what I like and dislike about the service based in my Payhip experience as a seller for 2+ years. Open Ebooks
My Payhip Experience
If you’ve ever wanted to sell products Through your own website, you are going to need a way to facilitate trades — some kind of infrastructure that will allow a customer to select your product, cover it, and have it instantaneously delivered to them with whole hands-off automation. Payhip solves this issue.
What is Payhip?
Payhip is An that provides users with the tools and options for hosting and selling electronic products straight to their clients online.
The Provider 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 have used a couple of these previously.
Having A stage that is easy to use and one that does not require a huge amount of my time is of paramount significance.
Payhip will Save you a lot of time because everything is cared for on the Payhip platform.
The Advantages that I’ve gained the most from using Payhip include –
- EU VAT is cared for, and it can be a huge plus in my book.
- Affordable. The website takes zero charges asides From 5% per trade when you sell a digital product.
- Accessibility to analytics reports.
- Access to advertising tools. You have the option to make Societal and Coupons discounts.
- Ability to signup, manage and reward your own affiliates.
- Access to product sharing tools. Plus you can embed Buy and your merchandise Now buttons right on your website or blog.
- The Capacity to setup mailing lists so that your clients can Subscribe and remain current with your products, and much more.
- Immediate digital merchandise delivery via email link for buyers.
What I Like About Payhip
Let’s get to the details. Following my two year Payhip experience, Here Is What I really like about the service…
Payments Are Instantaneous
Payhip let us your customers pay with PayPal Or by credit/debit card using Stripe, plus they don’t cover monthly/weekly/quarterly or make you wait around for them to clear some sort of holding period. When a customer makes a purchase, the money is immediately available on your account, and if you’ve got the PayPal and also Stripe apps installed on your mobile device, you’ll receive notifications whenever a sale happens. Open Ebooks
I happen to love this. The excitement of Seeing a sale that is brand new never gets older. In addition, it is good to awake in the morning, reach for your phone, and see you made X number of dollars while you’re sleeping, and it is all readily available for you to spend. The caveat to this can be Stripe. If your clients card with Stripe, there’ll be a three day hold until the cash is available. This is all Stripe though — Payhip doesn’t hold your money at all.
No Monthly Charges
Among those things that Payhip originally sold me is that there’s no Monthly fees or setup charges — only a simple flat fee of 5 percent per sale.
This was attractive to me 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 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 audience, Payhip was the no-risk solution that best fit my situation.
Simple To Know Analytics
Payhip’s back end offers an analytics page That lets you view trades and earnings amounts relative to the day, month, week, year, or some other specified selection. Best of all, it’s a report that is to-the-point and simple.
If you have used Google Analytics or Facebook analytics, the number of information you’re instantly smacked in the face can be somewhat overwhelming, and lots of it’s mostly useless also. Payhip just provides you what you’re there to see — revenue data. Nothing more, nothing less.
Run Promotions with Coupon Codes
Another benefit users of Payhip encounter is By creating coupon codes promotions to conduct.
The codes can be Enjoy and for any (or all) products. They can run for whatever duration you want (or even indefinitely,) and the code itself can even be customized to whatever series of text you desire.
I have found this to be very useful. Occasionally I’ll run a weekend marketing, place it on Facebook, then raise the article targeting a pixel audience that is re-marketing and I don’t fail to go ROI positive with it. People do respond well to limited time offers. Open Ebooks
Your Own Affiliate Program
Payhip gives you the capability Readers sign up as an affiliate of your shop, and you can grant them a commission of whatever percentage you’d like someone purchases a product with their customized affiliate link.
This is useful since it allows other people To market your merchandise for you, and if they have a platform and an audience of their own they can tap into, the commissions paid will be well worth it.
Easy Integration with Email Marketing
You’ll be, if you are into email advertising Able to readily integrate Payhip with your preferred email advertising provider so that a sale is made, the email address of the purchaser can be added to a listing that is chosen.
That is relatively minor but I think it’s Pretty cool so I want to give it a reference — if you so desire, you’ll have Payhip stamp the purchaser’s email address into the top left corner of every page of a PDF document they’ve bought.
So if someone intends to Purchase Your PDF Publication subsequently make it publicly available for free they’ll need to be okay with their email address being accessible. I think that’s a creative way of deterring pirating.
Upload Many Sorts of Files
Payhip is a marketplace for ebooks — It’s possible to upload any kind of file. Font files, video/audio files, photographs, software, etc..
Overall Simplicity and Modern Design
One thing that can not be overlooked whenever You are selling something is your website appears. Individuals generally do not trust myself included. If a site looks like it has not been upgraded since the net 2.0 times, then I begin to wonder if perhaps I’m in an abandoned construction and putting my payment info 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 very modern and simple layout. This is what you’d expect a checkout page from a trusted business to appear like, if you were to buy a product on the internet. Open Ebooks
Another thing that I enjoy about Payhip is its own In general simplicity. From the a visitor lands on your product page, Payhip stays out of the way. They display your graphics, sales copy, and just the crucial information (like price.) They do nothing to interfere with your purchase — no self-promotion whatsoever.
Finally, what I enjoy about Payhip is That customer payment info isn’t stored by them, meaning your customers’ payment details are safe. The payment is totally managed through PayPal or Stripe, and I prefer it this way because 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 service and would like to see enhanced…
No Mobile App
1 thing that bugs me about Payhip is that They don’t possess a app. It’d be convenient to have the ability to start an app while I am out and about, and have a look through my sales data. The site is optimized for mobile devices, although you may log in to the website and do this.
I enjoy Payhip, but that is a very Lousy appearance in 2018. There’s no reason you shouldn’t 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 have to manually sign in each time they would like to check sales data. Users of Payhip encounter a platform when they are on their devices.
No Upsells or Add-Ons At Checkout
On the checkout page, I would like to see an capability to suggest Other products similar to what the customer is about to buy. By way of example, if they’re purchasing a package of templates for $5, I propose, or could provide a package of business card templates to get a few added bucks. This is something which websites like Amazon and VistaPrint do.
I can’t help but feel like there is a lot of money Table — for both myself and Payhip — without this operation. This could improve the Payhip encounter for both the vendor and the client.
Set On A Fixed Timezone
This one is largely frivolous, but I Like to see it fixed.
Since Payhip is located in London, they’ve The functioning timezone for the website place to BST. Since I am located in the EST, I’ll sometimes check my stats at 7PM or later and see that I left 0 earnings for the day because Payhip believes it’s midnight and its own information reflects that.
This is largely a non-issue, but I Would love to see that the ability to adjust the website. Open Ebooks
More Flexibility with Coupon Codes
I know I raved about the coupon Code feature but it is not perfect.
As it currently stands, the sole promotion You can run through a coupon code. Ideally, I’d love to be able to offer a dollar amount to set a sale price that is predetermined.
Right Now, if I want to place a merchandise that is $27 On sale for $10, I must break out the calculator and manually do the math to determine what percent off would render the final cost. I believe that is unnecessary and may be improved.
When creating A brand new product in Payhip, you have access to advanced options which include —
- Make your product private.
- Insert an ISBN (Internation Standard Book Number) for your eBook.
- Publish sample pages or a preview.
- To the number of copies of market or your product can be, add a limitation amount sold.
- Create a license key that is unique .
Just how much does it cost?
Payhip will Cost you to set up or even host your electronic products. The website takes just 5 percent commission per transaction fee.
Can I Recommend Payhip?
This leaves us with the burning question: after 2years as a seller on Payhip, do you recommend it? Total, yes. I am very much 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+ per month for something like Gumroad, then yes, I would absolutely recommend Payhip. But in case you know that you’ll do at least $ 1,000 in sales every month and market a product or have a massive audience, you might want to look into something most cost-efficient.
As of this date of the writing, Payhip works On a flat fee of 5 percent of every sale. Gumroad’s fee is now 3.5% + $0.30 per transaction + $10 per month.
If you’re going to be promoting less than $1,000 per month in total volume, the mathematics should (in most cases) favor Payhip. But if you are selling well into the thousands, you want to go with Gumroad or start looking into some choice. That is mostly dependent on how many transactions it takes to achieve those sales numbers so make certain to crunch the numbers for yourself.
Personally, I absolutely love the Payhip Expertise and am very thankful for their services. I want to see them continue to grow and succeed. Open Ebooks