Intro Payhip Anastimafilia
Of all the ways of monetizing Articles that is blog, my favorite Strategy is Like studying materials and layout templates to create and sell electronic products. I’ve discovered that it’s extraordinarily profitable than running ads and products convert at a greater rate compared to an affiliate product that somebody else created. The support I use to facilitate this can be 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 2+ years. Payhip Anastimafilia
My Payhip Experience
If you wanted to market products Through your own site, you’ll want a means to facilitate transactions — some kind of infrastructure which will enable a customer to select your goods, cover it, and have it immediately delivered to them with complete hands-off automation. Payhip solves this problem.
Payhip is An that gives customers with solutions and the easiest tools for selling products straight to their customers and hosting online.
The company Was co-founded by Abs Farah and Kahin Farah and is now based in my capital city of London.
What are the advantages of utilizing Payhip?
Each online Platform differs, and I have used a couple of them previously.
For me, having A stage that is simple to use and one that doesn’t take a huge amount of my time is of paramount significance.
Payhip will Save you a great deal of time because everything is cared for on the Payhip platform.
The Benefits that I’ve gained the most from utilizing Payhip comprise –
- EU VAT is taken care of, and it is a huge plus in my book.
- Affordable. The site takes zero charges asides From 5% per transaction when you sell a item.
- Accessibility to analytics reports.
- Access to marketing tools. You have the option to create Social and Coupons discounts.
- Capability to signup, manage and reward your affiliates.
- Access to merchandise sharing programs . Plus it is possible to embed Purchase and your product Now buttons on blog or your own site.
- The ability to set mailing lists so that your clients can Subscribe and stay up to date with your products, and more.
- Immediate digital product delivery via email link to customers.
What I Like About Payhip
Let us get to the details. Following my two year Payhip expertise, Here Is What I love about the ceremony…
Payments Are Instantaneous
Payhip let’s your customers pay with PayPal Or from credit/debit card with Stripe, and they don’t cover monthly/weekly/quarterly or force you to wait for them to clean some kind of holding period. When a client makes a purchase, the cash is immediately available in your account, and if you have the PayPal and Stripe programs installed on your mobile device, you’ll get notifications whenever a sale occurs. Payhip Anastimafilia
I happen to love this. The excitement of Seeing a new sale never gets older. In addition, it is great to awake in the morning, reach to 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’ll be a three day hold until the money is available. This is all Stripe though — Payhip does not hold your money at all.
No Monthly Charges
Among the things that Payhip initially sold me is that there is no Monthly charges or setup charges — only a simple flat charge of 5% per purchase .
This was attractive to me back Because, at the time, my readership was less than 1/10th of what it’s now, and that I wasn’t positive I was going to always sell enough product to justify paying a monthly fee for a similar service such as Gumroad. As a relatively new blogger having a small audience, Payhip was the no-risk solution that best match my situation.
Easy To Understand Analytics
Payhip’s back end offers an page That enables you to view trades and earnings quantities relative to this day, month, week, year, or some other given selection. Best of all, it is a to-the-point and really simple report.
If you used Google Analytics or Facebook analytics, the amount of information you’re instantly smacked in the face can be a bit overwhelming, and a lot of it is largely useless also. Payhip just gives you what you are there to see — 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 can be for any percentage you would Like and for any (or all) products. They can run for whatever length you’d like (or even permanently,) and the code itself may even be customized to whatever string of text you desire.
I have found this to be very useful. Sometimes I’ll conduct a weekend promotion, place it on Facebook boost the article targeting a pixel re-marketing audience and I don’t fail to go ROI positive with it. People truly do respond to limited time offers. Payhip Anastimafilia
Your Own Affiliate Program
Payhip gives you the ability to let your Readers register as an affiliate of your store, and whenever someone purchases a product using their customized affiliate link, you can award.
This is useful because it allows other Men and Women To market your merchandise for you, the commissions paid will be well worth it and if they have a platform and an audience of their own they can tap to.
Easy Integration with Email Marketing
If you’re into email advertising, you will be Able to easily integrate Payhip with your email marketing supplier so that if a sale is made, the email address of the purchaser could be added to a list.
That is small but I think it’s Pretty cool so I want to give it a reference — if you so desire, you can have Payhip postage the purchaser’s email address into the upper left corner of each page of a PDF document they have purchased.
So if someone plans to buy your PDF Book then make it publicly accessible for free they’ll need to be okay with their personal email address being publicly accessible also. I believe that is a very creative way of deterring pirating.
Upload Many Kinds of Files
Payhip is not just a market for ebooks — It’s possible to upload any kind of digital file. Font documents, video/audio files, photographs, software, etc..
Overall Simplicity and Modern Design
One thing that can not be overlooked whenever You’re selling something is your website looks. People don’t trust myself included. If a site looks like it hasn’t been updated because the net 2.0 days, I start to wonder if perhaps I’m in an abandoned construction and placing my payment info to it would pretty much be like throwing my money into a black hole.
That’s not true with Payhip though. The Website has a design that is very modern and simple. This is what you would anticipate a checkout page from a business, if you were to purchase a digital merchandise on the world wide web. Payhip Anastimafilia
Another thing that I enjoy about Payhip is its In general simplicity. In the a visitor lands on your product page, Payhip stays out of the way. They display your images, sales copy, and just the critical info (such as price.) They do nothing to interfere with your sale — no self-promotion whatsoever.
Finally, what I really like about Payhip is That customer payment information isn’t stored by them, meaning that your customers’ payment details are safe. The payment is managed through Stripe or PayPal, and I prefer it this way because they’re large companies with a lot 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 improved…
No Mobile App
One thing that bugs me about Payhip is that They don’t possess a app. It’d be convenient to be able to open an app and have a look during my data while I’m out and about. You do this and can log in to the website, but the website is optimized for mobile devices.
I enjoy Payhip, but that is a really Lousy appearance in 2018. There is no reason you should not have a site optimized for mobile, and when you have that, you should be able to easily turn the site itself into it’s own program so users don’t have to manually register in every 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 In Checkout
On the checkout page, I would really like to see an capability that is Extra to indicate Other products. If they are purchasing a package of logo templates for $5, I propose, or might provide a package of business card templates for a couple of extra bucks. This is something that websites like Amazon and VistaPrint do quite well.
I can’t help but feel like there’s a lot of money being left on the Table — for myself and Payhip — with no operation. This may improve the Payhip encounter for both the client and the seller.
Set On A Fixed Timezone
This one is mostly frivolous, but I Like to see it fixed.
Considering that Payhip is located at London, they have BST was set to by the timezone for the whole site. Since I’m found in the EST, I will occasionally check my analytics at 7PM or afterwards 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 like to observe that the ability to adjust the site. Payhip Anastimafilia
More Flexibility with Coupon Codes
I know I raved about the voucher It’s not quite perfect just yet, although code feature earlier.
As it now stands, the only advertising You’re able to run via a voucher code is to get a percent off. Ideally, I’d like to be able to supply a dollar amount to set a sale price that is predetermined.
Right Now, if I Need to place a merchandise that is $27 Available for $10, I must break out the calculator and manually do the math to figure out what percentage off will render the cost at $10. I think that is unnecessary and could be improved.
When creating A new product in Payhip, you also have access to innovative options including —
- Make your product private.
- Insert an ISBN (Internation Standard Book Number) for your eBook.
- Publish sample pages or a preview.
- To how many copies of market or your product can be, Insert a limit amount sold.
- Create a license key that is exceptional .
Just how much does this cost?
Payhip will Cost you to set up or host your digital products. The website takes just 5% commission per transaction fee.
Would I Recommend Payhip?
This leaves us with the burning question: after two years as a seller on Payhip, would you recommend it? Total, yes. I am a customer, but whether or not you should use it depends upon your own situation.
If you’re a blogger with a small audience And you can not justify spending $10+ per month for something such as Gumroad, then yes, I would recommend Payhip. However, if you know that you’ll be doing at least $ 1,000 in sales every month and sell a product or have a huge audience, you may want to look into something.
As of the date of this writing, Payhip works On a flat fee of 5% 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 per month in total quantity, the math should (typically ) prefer Payhip. But if you are selling into the thousands, you want to go with Gumroad or start looking into some alternative. This is dependent on how many transactions it requires to achieve those sales numbers, however, so be sure to crunch the numbers for yourself.
Personally, I absolutely love the Payhip Experience and am very grateful for their solutions. I want to see them continue to grow and succeed. Payhip Anastimafilia