Background Pay Hip Power Account
Of All of the ways of Creating blog content, my Strategy is Like studying design templates and materials, to create and sell electronic products. I’ve discovered that it is extraordinarily profitable than running ads and self-made products convert at a higher speed than 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 on my Payhip expertise as a vendor for 2+ years. Pay Hip Power Account
My Payhip Expertise
If you’ve ever wanted to sell digital products Through your own website, you are going to need a way to facilitate trades — some sort of infrastructure that will allow a customer to select your goods, pay for it, and have it instantaneously delivered to them with whole hands-off automation. Payhip solves this issue.
Payhip is An e-commerce platform/website that provides customers with solutions and the simplest tools for promoting products to their clients and hosting online.
The company Was co-founded by Abs Farah and Kahin Farah and is currently based in my capital city of London.
What are the benefits of utilizing Payhip?
Each online Platform differs, and I’ve used a few of these in the past.
For me, having A platform that is easy to use and one that does not require a massive amount of my time is of paramount significance.
Payhip will Save a great deal of time too because everything is cared for on the Payhip platform.
The Advantages that I’ve gained the most from utilizing Payhip comprise –
- EU VAT is cared for, and it can be a big plus in my book.
- Affordable. The site takes zero charges asides From 5 percent per trade when you sell a item.
- Access to analytics accounts.
- Access to marketing tools. You have the option to make Coupons and social discounts.
- Capability to signup, manage and reward your own affiliates.
- Access to product sharing tools. Plus it is possible to embed Buy and your product Now buttons on your site or blog.
- The ability to set mailing lists so that your customers can Subscribe and remain current with your digital goods, and much more.
- Immediate digital product shipping via email link for buyers.
What I Enjoy About Payhip
Let us get to the details. Following my 2 year Payhip expertise, here’s what I love about the service…
Payments Are Instantaneous
Payhip let’s your customers pay with PayPal Or by credit/debit card with Stripe, plus 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 cash is instantly available on your account, and in case you have the PayPal and Stripe apps installed on your mobile device, you’ll get notifications whenever a sale occurs. Pay Hip Power Account
I happen to love this. The excitement of Seeing a sale that is brand new 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 were sleeping, and it is all readily available for you to spend. The caveat to this can be Stripe. If your clients 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 cash at all.
No Monthly Charges
Among those things that Payhip initially sold me is that there’s no Monthly fees or installation charges — just a simple flat charge of 5% per purchase .
This was attractive to me in 2016 Because, at the time, my readership was less than 1/10th of what it’s now, and that I was not positive I was likely to consistently sell enough product to justify paying a monthly fee to get a similar service such as Gumroad. As a relatively new blogger having a small crowd, Payhip was the quickest solution that best fit my situation.
Easy To Know Analytics
Payhip’s back end offers an page That enables you to view trades and earnings amounts relative to the day, week, month, year, or some other given selection. On top of that, it is a report that is really straightforward and to-the-point.
If you have ever used Google Analytics or Facebook analytics, the amount of information you’re immediately smacked in the face can be somewhat overwhelming, and lots of it’s mostly useless too. Payhip just provides you what you are there to view — revenue data. 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 Like and for any (or all) products. They could run for any duration you’d like (or even permanently,) along with the code itself may even be customized to whatever string of text you desire.
I’ve found this to be very helpful. Sometimes I will conduct a weekend promotion, place it on Facebook, then raise 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. Pay Hip Power Account
Your Own Affiliate Program
Payhip gives you the capability to let your Readers register as an affiliate of your store, and you can grant them a commission of whatever percentage you would like, whenever someone buys a product using their custom affiliate link.
This is useful since it allows Men and Women To sell your merchandise for you, the commissions paid will be worthwhile, and if they have a platform and an audience of their own they can tap into.
Easy Integration with Email Marketing
If you’re into email advertising, you’ll be Able to incorporate Payhip with your email advertising supplier so that if a sale is made, the email address of the purchaser can be added into a list.
That is relatively small 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 upper left corner of every page of a PDF document they’ve bought.
So if someone plans to buy your PDF Publication make it available for free somewhere else, they’ll need to be fine with their private email address being accessible as well. I believe that is a means of deterring pirating.
Upload Most Sorts of Files
Payhip is not just a market for ebooks — It’s possible to upload any kind of file. Font documents, video/audio files, photographs, software, etc..
Total Simplicity and Modern Design
One thing that can’t be overlooked whenever You’re selling something is your site appears. People generally do not trust myself included. If a site looks like it hasn’t been upgraded because the net 2.0 days, I start to wonder if perhaps I am in an abandoned construction and placing my payment info into it would pretty much be like throwing my money into a black hole.
That is not the case with Payhip though. The Website has a very modern and easy design. This is what you’d anticipate a checkout page from a business to appear like In the event that you were to buy a product on the world wide web. Pay Hip Power Account
Another thing that I like about Payhip is its 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 info (like price.) They do nothing to interfere with your purchase — no self-promotion whatsoever.
Finally, what I like about Payhip is That customer payment information isn’t stored by them, meaning that your customers’ payment details are secure. The payment is completely handled through Stripe or PayPal, and I prefer it this way because they are successful companies with lots of cash to spend 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 improved…
No Mobile App
One thing that bugs me about Payhip is that They don’t possess a mobile app. It would be convenient to be able to start an app while I’m out and about and have a look through my data. The site is optimized for mobile devices, although you do so and may log into the website.
I enjoy Payhip, but that is a very Bad look in 2018. There is no reason you shouldn’t have a site optimized for mobile, and once you have that, you ought to be able to easily turn the website itself right into it’s own program so users do not need to manually register in each time they want to check sales data. Users of Payhip encounter a better platform when they are on their cellular devices.
No Upsells or Add-Ons At Checkout
On the checkout page, I’d like to see an Extra ability to indicate Other products similar to what the client is going to purchase. If they’re purchasing a bundle of templates for $5, then I suggest some other similar product which could interest them they previously didn’t know about, or might offer a bundle of business card templates to get a few bucks. This is something that sites like VistaPrint and Amazon do.
I can’t help but feel as though there is a Great Deal of money Table — for both myself and Payhip — with no functionality. This may enhance the Payhip experience for both the customer and the seller.
Set On A Fixed Timezone
This one is frivolous, but I had still Prefer to see it fixed.
Considering that Payhip is located in London, they have The functioning timezone for the entire site place to BST. Since I am found in the EST, I’ll occasionally check my stats at 7PM or later and see that I left 0 sales for the day since Payhip thinks it’s midnight and its data reflects that.
This is largely a non-issue, but I Would like to observe the ability to adjust the website. Pay Hip Power Account
More Flexibility with Coupon Codes
I know I raved about the coupon Code feature earlier, but it is not quite perfect yet.
As it stands, the only promotion You’re able to run through a voucher code is for a percentage off. I’d like to have the ability to offer a dollar amount to set a predetermined sale price.
Right Now, if I Need to place a merchandise that is $27 Available for $10, manually do the math to figure out what percent off will render the last cost and I have to break out the calculator. I believe this is unnecessary and could be made better.
When creating A 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.
- Publish a sample or preview pages.
- To how many copies of your product or market can be, add a limit number sold.
- Generate a license key .
How much does this cost?
Payhip will Cost you or even host your products. The website takes just 5 percent commission per trade fee.
Would 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 very much a satisfied customer, but whether or not you should use it depends on your situation.
If you are a new blogger with a small audience And you can’t justify spending $10+ per month to get something such as Gumroad, then yes, I would absolutely recommend Payhip. If you know you’ll do at least $ 1,000 in sales every month and market a merchandise or have a massive audience, you might want to look into something.
As of this date of this writing, Payhip works 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 less than $1,000 per month in total quantity, the math should (typically ) favor Payhip. But if you’re selling into the thousands, you’ll probably want to go with Gumroad or look into some choice. This is dependent on how many transactions it requires to achieve those sales numbers so be sure that you crunch the numbers on your own.
Personally, I love the Payhip Expertise and am very grateful for their solutions. I would like to see them continue to grow and succeed. Pay Hip Power Account