Introduction Pay Hip
Of All of the ways of monetizing Articles that is blog, my favorite method is Such as learning layout templates and materials to create and sell electronic products. I’ve found that it’s extraordinarily more profitable than running ads and products convert at a much higher speed compared to an affiliate product that somebody else created. The service I use to facilitate this can be Payhip, and this post I’ll be sharing what I like and dislike about the ceremony based on my Payhip expertise as a seller for 2+ years. Pay Hip
My Payhip Experience
If you wanted to sell digital products Through your own website, you are going to need a way to facilitate trades — some sort of infrastructure which will enable a client to select your product, cover 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 customers with the easiest tools and solutions for promoting products straight 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.
Which are the advantages of using Payhip?
Each online Platform differs, and I have used a few of these previously.
For me, having A platform that is really easy to use and one that doesn’t require a massive amount of my time that is valuable is of utmost importance.
Payhip will Save you a lot of time too 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 cared for, and it is a big plus in my book.
- Affordable. The site takes zero fees asides From 5% per transaction when you sell a item that is digital.
- Access to analytics reports.
- Access to advertising tools. You have the option to create Societal and Coupons discounts.
- Ability to signup, manage and reward your affiliates.
- Access to product sharing tools. Plus it is possible to embed Purchase and your merchandise Now buttons on your own website or blog.
- The Capacity to setup mailing lists so that your clients can Subscribe and remain up to date with your digital goods, and much more.
- Instant digital product delivery via email link to buyers.
What I Like About Payhip
Let us get to the details. Following my 2 year Payhip expertise, here’s what I love about the ceremony…
Payments Are Instantaneous
Payhip let us your customers pay with PayPal Or by credit/debit card using Stripe, and they don’t pay out monthly/weekly/quarterly or force you to wait around for them to clear some kind of holding period. When a customer makes a purchase, the money is immediately available in your account, and in case you’ve got the PayPal and also Stripe apps installed on your mobile device, you are going to get notifications whenever a sale occurs. Pay Hip
I happen to love this. The excitement of Seeing a sale that is brand new never gets older. It’s also good to awake in the morning, reach to your phone, and see that you made X amount of dollars while you were sleeping, and it is all readily available for you to spend. The only caveat to this is Stripe. If your customers card using Stripe, there will be a 3 day hold before the money is available. This is all Stripe though — Payhip does not hold your money in any way.
No Monthly Fees
One of the things that Payhip originally sold me on is that there is no Monthly charges or installation charges — only a simple flat fee of 5% per sale.
This was attractive to me back in 2016 Since, at the time, my readership was 1/10th of what it’s now, and that I wasn’t positive I was going to always sell enough product to warrant paying a monthly fee to get a similar service like Gumroad. As a relatively new blogger having a little crowd, Payhip was the quickest solution that best fit my situation.
Simple To Understand Analytics
Payhip’s back end offers an page That lets you see trades and earnings amounts relative to this day, week, month, year, or any other given range. Best of all, it is a report.
If you’ve ever used Google Analytics or Facebook analytics, the number of information you’re immediately smacked in the face with can be a bit overwhelming, and a lot of it’s mostly useless too. Payhip just gives you what you’re there to see — sales information. Nothing more, nothing less.
Run Promotions with Coupon Codes
Another advantage users of Payhip experience is The ability to run promotions.
The codes can be for any percentage you’d Like and for any (or all) products. They can run for whatever length you want (or even permanently,) along with the code itself may even be customized to whatever series of text you desire.
I’ve found this to be helpful. Sometimes I’ll conduct a weekend marketing, post it on Facebook, then boost the post targeting a pixel audience that is re-marketing and I never fail to go ROI positive with it. People do respond well to limited time offers. Pay Hip
Your Own Affiliate Program
Payhip gives you the capability Readers sign up as an affiliate of your store, and you can award them a commission of whatever percentage you would like, someone buys a product using their customized affiliate link.
This is useful since it allows people To sell your merchandise the commissions paid will be worthwhile and if they have an audience of their own and a platform that they can tap to.
Easy Integration with Email Marketing
If you are into marketing, you will be Able to easily integrate Payhip with your email marketing supplier that is preferred so that a sale is made, the email address of the purchaser can be added into 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 buyer’s email address to the top left corner of each page of a PDF document they’ve purchased.
So if someone intends to Purchase Your PDF Publication subsequently make it publicly available for free they’ll have to be okay with their email address being publicly accessible as well. I believe that is a creative means of deterring pirating.
Upload Most Sorts of Files
Payhip isn’t Only a marketplace for ebooks — It’s possible to upload any kind of digital file. Font documents, video/audio files, photos, software, etc..
Overall Simplicity and Modern Design
One thing that can not be overlooked whenever You are selling something is your site appears. Individuals do not trust myself included. If a site looks like it hasn’t been updated since the net 2.0 times, then I begin to wonder if perhaps I am in an abandoned construction and putting my payment info to it would pretty much be just like throwing my money into a black hole.
That is not the case with Payhip though. The Site has a simple and very modern layout. This is what you’d anticipate a checkout page by a trusted company to appear like, In the event that you were to purchase a digital merchandise on the internet. Pay Hip
Another thing that I enjoy about Payhip is its own In general simplicity. In the second a visitor lands on your product page, Payhip remains 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.
Finally, what I actually enjoy about Payhip is That customer payment information isn’t stored by them, meaning your clients’ payment details are secure. The payment is handled through PayPal or Stripe, and I prefer it this way as they’re successful companies with lots of cash to invest on security.
What I Dislike About Payhip
As much as I like Payhip, it’s far from perfect. Here are some things 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 have a app. It’d be convenient to have the ability to start an app while I’m out and around and take a look. The site isn’t even optimized for mobile devices, although you can log into the website and do this.
I like Payhip, but this is a really Bad appearance in 2018. There is no reason you should not have a site optimized for cellular, and when you have that, you ought to be able to easily turn the website itself into it’s own program so users do not have to manually register in each time they would like to inspect sales information. Permit users of Payhip experience a much better platform when they’re on their cellular devices.
No Upsells or Add-Ons At Checkout
On the checkout page, I’d really like to see an capability that is Extra to indicate Other products similar to what the client is going to purchase. For instance, if they’re purchasing a package of templates for $5, then I might provide a bundle of business card templates for a few dollars, or propose some other product that could interest them that they didn’t know about. This is something which sites like VistaPrint and Amazon do.
I can’t help but feel like there is a Great Deal of money being left on the Table — for myself and Payhip — without this functionality. This may enhance the Payhip experience for both the vendor and the client.
Set On A Fixed Timezone
This one is mostly frivolous, but I’d still Like to see it corrected.
Since Payhip is located in London, they’ve BST was place to by the working timezone for the entire site. 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 since Payhip thinks it is midnight and its information reveals that.
Again, this is a non-issue, however I Would like to see the ability to correct the site. Pay Hip
More Flexibility with Coupon Codes
I know I raved about the coupon It is not perfect, although Code attribute earlier.
As it now stands, the promotion You’re able to run through a coupon code. I’d love to be able to offer a dollar amount to set a sale price that is predetermined.
At the moment, if I want to place a $27 product Available for $10, manually do the math to determine what percentage off would leave the price and I must break out the calculator. I think this is unnecessary and could be improved.
When creating A brand new product in Payhip, you also have access to innovative options including —
- Make your merchandise personal.
- Add an ISBN (Internation Standard Book Number) to your eBook.
- Upload sample pages or a preview.
- To how many copies of your product or eBook could be, add a limit number sold.
- Create a unique license key .
How much does it cost?
Payhip will Cost you nothing to set up or host your products. The website takes only 5% commission per trade fee.
Can I Recommend Payhip?
This leaves us with the burning question: after 2years as a vendor on Payhip, do you recommend it? Overall, yes. I am very much a customer, but whether you ought to use it depends upon your situation.
If you are a new blogger with a small audience And you can’t justify spending $10+ a month for something such as Gumroad, then yes, I would absolutely recommend Payhip. But in case you sell a product that is high-ticket or have a huge audience and know that you’ll be doing at least $ 1,000 in sales every month, you might want to look into something.
As of the date of this writing, Payhip functions On a set fee of 5% of each sale. Gumroad’s fee is now 3.5% + $0.30 per transaction + $10 a month.
If you’re going to be promoting $1,000 a month in total quantity, the mathematics should (in most cases) prefer Payhip. But if you are selling into the thousands, you’ll probably want to go with Gumroad or look into some alternative. This is largely dependent on how many transactions it requires to reach those sales numbers though, so be certain that you crunch the numbers.
Personally, I love the Payhip Expertise and am thankful for their solutions. I want to see them continue to grow and succeed. Pay Hip