Of all the ways of Creating Articles, my Strategy is Such as learning materials and design templates to make and sell digital products. I’ve discovered that it’s extraordinarily more profitable than running advertisements from networks like AdSense, and self explanatory products convert at a higher speed compared to an affiliate product that somebody else created. The service I use to ease this is Payhip, and in this post I’ll be sharing what I like and dislike about the service based in my Payhip experience for a vendor for two + years. Packtpub
My Payhip Experience
If you’ve ever wanted to market digital products Through your own site, you are going to need a means to facilitate trades — some sort of infrastructure that will allow a client to select your goods, pay for it, and have it instantaneously delivered to them with whole hands-off automation. Payhip solves this problem.
What is Payhip?
Payhip is An e-commerce platform/website that provides users with solutions and the easiest tools for hosting and selling products straight to their customers online.
The Provider Was co-founded by Abs Farah and Kahin Farah and is currently based in my capital city of London.
What are the benefits of using Payhip?
Each online Platform differs, and I have used a couple of them previously.
For me, having A platform that is really simple to use and one that doesn’t take a huge amount of my precious time is of utmost importance.
Payhip will Save you a great deal of time because everything is cared for on the Payhip platform.
The Advantages that I’ve gained the most from utilizing Payhip include –
- EU VAT is cared for, which can be a huge plus in my book.
- Affordable. The site takes zero charges asides From 5 percent per trade when you sell a digital item.
- Accessibility to analytics reports.
- Access to marketing tools. You have the option to make Social and coupons discounts.
- Ability to signup, handle and reward your affiliates.
- Access to merchandise sharing programs . Plus you can embed Your merchandise and Buy Now buttons directly on your website or blog.
- The Capacity to set mailing lists so that your clients can Subscribe and stay current with your goods, and much more.
- Immediate digital merchandise delivery via email link to buyers.
What I Enjoy About Payhip
Let us get to the details. Following my 2+ year Payhip experience, Here Is What I love about the service…
Upgrades Are Instantaneous
Payhip let us your customers pay with PayPal Or by credit/debit card with Stripe, and they do not 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 in your accounts, and in case you’ve got the PayPal and Stripe programs installed on your mobile device, you are going to get notifications whenever a sale happens. Packtpub
I happen to love this. The excitement of Seeing a brand new sale never gets older. It’s also great to awake 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 pays by card with Stripe, there will be a three day hold before the money is available. That is all Stripe though — Payhip does not hold your money in any way.
No Monthly Charges
One of those things that Payhip initially sold me is that there is no Monthly fees or setup charges — just a simple flat fee of 5 percent per sale.
This was appealing to me Since, at the moment, my readership was 1/10th of what it is now, and that I was not positive that I was likely to always sell enough product to justify paying a monthly fee to get a similar service like Gumroad. As a relatively new blogger with a small crowd, Payhip was the no-risk solution that best match my scenario.
Simple To Know Analytics
Payhip’s back end Provides an analytics page That enables you to view trades and earnings quantities relative to the day, week, month, year, or any other given selection. Best of all, it’s a very straightforward and to-the-point report.
If you have ever used Google Analytics or Facebook analytics, the number of data you are instantly smacked in the face can be a bit overwhelming, and lots of it is mostly useless too. Payhip just provides you exactly what you are there to view — revenue data. Nothing more, nothing less.
Run Promotions with Coupon Codes
Another benefit users of Payhip experience is By creating coupon codes, promotions to run.
The codes can be for almost any percentage you’d Like and for any (or all) products. They could run for any length you’d like (or even indefinitely,) and the code itself can even be customized to whatever series of text you would like.
I have found this to be helpful. Occasionally I will conduct a weekend promotion, post it on Facebook, then raise the article targeting a pixel re-marketing audience and I don’t fail to go ROI positive with it. People really do respond to limited time offers. Packtpub
Your Own Affiliate Program
Payhip Provides you the capability to let your Readers sign up as an affiliate of your store, and you can grant them a commission of whatever percent you would like, whenever someone purchases a product with their custom affiliate link.
This is useful since it allows other people To sell your merchandise for you, the commissions paid will be well worth it, and if they have a stage and an audience of their own they can tap into.
Easy Integration with Email Marketing
You will be, if you are into advertising Able to easily incorporate Payhip along with your email advertising provider so that a sale is made, the purchaser’s email address can be added into a listing.
This is minor but I think it’s Pretty cool so I want to give it a mention — if you desire, you’ll have Payhip postage the purchaser’s email address to the top left corner of every page of a PDF document they have bought.
So if someone intends to buy your PDF Publication make it accessible for free somewhere else, they will need to be okay with their personal email address being publicly available also. I think that’s a very creative way of deterring pirating.
Upload Most Kinds of Files
Payhip is a marketplace for ebooks — It’s possible to upload just about any kind of file. Font files, video/audio documents, photographs, software, etc..
Total Simplicity and Modern Design
1 thing that can not be overlooked whenever You’re selling something is your website appears. People don’t trust websites that look obsolete, myself included. If a site looks like it hasn’t been updated because the web 2.0 times, then I begin to wonder if perhaps I am in an abandoned building and putting my payment info into it’d pretty much be just like throwing my money into a black hole.
That’s not the case with Payhip though. The Site has a layout. This is what you would anticipate a checkout page by a business to appear like, if you should buy a product on the internet. Packtpub
Another thing that I like about Payhip is its own Overall simplicity. From the second a visitor lands on your product page, Payhip stays out of the way. They display your graphics, sales copy, and only the crucial information (like price.) They do nothing to interfere with your purchase — no self-promotion whatsoever.
Finally, what I actually like about Payhip is That customer payment information isn’t stored by them, meaning that your clients’ payment details are secure. The payment is totally managed through PayPal or Stripe, and I prefer it this way because they’re successful companies with a lot of cash.
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 ceremony and would like to see improved…
No Mobile App
One thing that bugs me around Payhip is that They don’t possess a mobile app. It would be convenient to have the ability to start an app while I am out and around, and take a look. You do so and can log into the website, but the site is optimized for mobile devices.
I enjoy Payhip, but this is a really Bad appearance in 2018. There’s no reason you shouldn’t have a website optimized for mobile, 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 would like to check sales data. Users of Payhip experience a platform when they are on their devices.
No Upsells or Add-Ons In Checkout
On the checkout page, I’d really like to see an capability to suggest Other products similar to what the client is going to purchase. If they’re purchasing a package of templates for $5, I could provide a package of business card templates for a couple of added dollars, or propose some other product which could interest them they previously didn’t know about. This is something that sites like Amazon and VistaPrint do.
I can’t help but feel like there is a lot of money Table — for both myself and Payhip — with no operation. This could enhance the Payhip experience for both the vendor and the customer.
Set On A Fixed Timezone
This one is frivolous, but I Prefer to see it fixed.
Considering that Payhip is located at London, they’ve BST was place to by The functioning timezone for the whole site. Since I’m found in the EST, I’ll occasionally check my analytics at 7PM or later and see that I left 0 earnings for the day since Payhip thinks it is midnight and its own information reflects that.
This is a non-issue, but I Would love to see the capability to correct the website. Packtpub
More Flexibility with Coupon Codes
I know I raved about the voucher Code feature earlier, but it’s not quite perfect yet.
As it now stands, the advertising You can run via a coupon code is to get a percent off. Ideally, I’d love to be able to offer a dollar amount to set a specified sale price.
At the moment, if I want to place a merchandise On sale for $10, manually do the math to determine what percentage off will render the price at $10 and I have to break out the calculator. I believe that is unnecessary and may be made better.
When creating A new product in Payhip, you have access to innovative alternatives including —
- Make your product private.
- Add an ISBN (Internation Standard Book Number) to your eBook.
- Upload sample pages or a couple of preview.
- Insert a limitation number to the number of copies of eBook or your product could be sold.
- Generate a license key that is exceptional .
Just how much does it cost?
Payhip will Cost you nothing or even host your products. The site takes just 5% commission per trade fee.
Would I Recommend Payhip?
This leaves us with the burning question: after 2years as a seller on Payhip, do you recommend it? Overall, yes. I am a satisfied customer, but whether you ought to use it depends on your situation.
If you are a blogger with a small audience And you can not justify spending $10+ per month to get something like Gumroad, then yes, I would recommend Payhip. However, in case you market a product that is high-ticket or have a massive audience and know you’ll do at least $ 1,000 in sales every month, you may want to check into something most cost effective.
As of this date of this writing, Payhip works On a set fee of 5% of every sale. Gumroad’s fee is now 3.5% + $0.30 per transaction + $10 per month.
If you are going to be selling $1,000 a month in total quantity, the mathematics should (typically ) prefer Payhip. But if you’re selling well into the thousands, you want to go with Gumroad or look into some other choice. This is mostly dependent on the number of transactions it takes to achieve those sales numbers so be sure to crunch the numbers.
Personally, I love the Payhip Experience and am really grateful for their solutions. I want to see them continue to grow and succeed. Packtpub