Background Payhip Dashboard
Of All of the ways of monetizing blog content, my favorite method is Like learning materials and design templates to make and sell products. I’ve discovered that it is extraordinarily rewarding than running ads and products convert at a much higher speed than an affiliate product that somebody else created. The service I use to facilitate this can be Payhip, and in this article I will be discussing what I both like and dislike about the ceremony based in my Payhip expertise for a seller for two + years. Payhip Dashboard
My Payhip Experience
If you wanted to market products Through your own website, you are going to need a means to facilitate transactions — some sort of infrastructure that will allow a customer to select your product, cover it, and also have it immediately delivered to them with complete hands-off automation. Payhip solves this issue.
Payhip is An that provides users with options and the easiest tools for hosting and promoting digital products 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.
What are the benefits of utilizing Payhip?
Each online Platform is different, and I have used a few of these in the past.
For me, having A stage that is simple to use and one that does not require a huge amount of my precious time is of paramount significance.
Payhip will Save you a great deal of time also because everything is taken care of on the Payhip platform.
The Advantages that I’ve gained the most from utilizing Payhip include –
- EU VAT is taken care of, which can be a huge plus in my book.
- Affordable. The site takes zero fees asides From 5 percent per transaction when you sell a item that is digital.
- Accessibility to analytics reports.
- Access to marketing tools. You have the option to make Social and Coupons discounts.
- Ability to signup, manage and reward your affiliates.
- Access to product sharing programs . Plus it is possible to embed Your merchandise and Buy Now buttons directly on your own website or blog.
- The Capacity to set mailing lists so that your customers can Subscribe and remain current with your goods, and much more.
- Immediate digital merchandise shipping via email link to customers.
What I Enjoy About Payhip
Let’s get to the information. After my two + year Payhip expertise, Here Is What I love about the service…
Payments Are Instantaneous
Payhip let us your customers pay with PayPal Or by credit/debit card with Stripe, and they don’t cover monthly/weekly/quarterly or force you to wait for them to clear some kind of holding period. When a customer makes a purchase, the cash is instantly available in your account, and in case you’ve got the PayPal and Stripe programs installed on your mobile device, you are going to receive notifications whenever a sale happens. Payhip Dashboard
I happen to appreciate this. The excitement of Seeing a sale that is brand new never gets older. It’s also great to wake up in the morning, reach for your phone, and also see that you made X number of dollars while you’re sleeping, and it is all readily available for you to spend. The only caveat to this can be Stripe. If your customers pays by card using Stripe, there will be a three day hold until the cash is available. That is all Stripe though — Payhip does not hold your money in any way.
No Monthly Charges
Among those things that Payhip originally sold me on is that there’s no Monthly charges or setup charges — only a simple flat charge of 5 percent per purchase .
This was appealing to me Since, at the time, 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 warrant paying a monthly fee to get a similar service such as Gumroad. As a relatively new blogger with a little crowd, Payhip was the quickest solution that best fit my scenario.
Easy To Understand Analytics
Payhip’s back end offers an page That lets you view transactions and earnings amounts relative to the day, week, month, year, or some other specified selection. On top of that, it’s a report that is simple and to-the-point.
If you used Google Analytics or Facebook analytics, the amount of data you are instantly smacked in the face can be somewhat overwhelming, and lots of it’s largely useless also. Payhip just gives you exactly what you’re there to view — sales information. Nothing more, nothing less.
Run Promotions with Coupon Codes
Another advantage users of Payhip experience is The ability to conduct promotions.
The codes can be for any percentage you’d Enjoy and for any (or all) products. They can run for whatever length you’d like (or even permanently,) along with the code itself can even be customized to whatever string of text you would like.
I have found this to be very helpful. Sometimes I will conduct a weekend promotion, post it on Facebook, then raise the article targeting a pixel audience that is re-marketing and I never fail to go ROI positive by it. People really do respond to limited time offers. Payhip Dashboard
Your Own Affiliate Program
Payhip gives you the capability Readers register as an affiliate of your store, and you can award them a commission of whatever percentage you would like, whenever someone buys a product with their custom affiliate link.
This is useful because it allows other people To sell your products the commissions paid will be well worthwhile and should they have an audience of their own and a stage they can tap into.
Easy Integration with Email Marketing
If you’re into advertising, you will be Able to incorporate Payhip along with your email marketing provider so that a purchase is made, the email address of the purchaser could be added to a selected list.
This is relatively minor 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 buyer’s email address to the upper left corner of every page of a PDF document they have bought.
So if someone plans to buy your PDF Publication subsequently make it accessible for free they’ll have to be fine with their email address being accessible as well. I believe that is a way of deterring pirating.
Upload Many Kinds of Files
Payhip is a market for ebooks — It’s possible to upload just about any kind of electronic file. Font files, video/audio files, photographs, software, etc..
Overall Simplicity and Modern Design
One thing that can’t be overlooked whenever You are selling something is how present your website looks. Individuals generally do not trust sites that look obsolete, myself included. If a site looks like it hasn’t been updated since the net 2.0 days, I begin to wonder if maybe I’m in an abandoned construction and placing my payment information to it’d 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 simple design. This is what you would expect a checkout page from a trusted company to appear like, In the event that you were to buy a digital merchandise on the internet. Payhip Dashboard
Another thing that I like about Payhip is its own In general simplicity. From the very second a visitor lands on your product page, Payhip stays out of the way. They display your graphics, sales copy, and just the critical information (such as price.) They do absolutely nothing to interfere with your purchase — no self-promotion whatsoever.
Finally, what I enjoy about Payhip is That they don’t store customer payment information, meaning your customers’ payment details are secure. The payment is completely handled through PayPal or Stripe, and I prefer it this way as they are large, successful companies with lots of cash.
What I Dislike About Payhip
As much as I enjoy Payhip, it is far from perfect. Here are some things that I dislike about the ceremony and would like to see enhanced…
No Mobile App
1 thing that bugs me around Payhip is that They do not have a mobile app. It would be convenient to be able to start an app while I’m out and about and take a look during my data. You can log in to the website and do this, but the website isn’t even optimized for mobile devices.
I like Payhip, but this is a really Bad look in 2018. There is no reason you shouldn’t have a site optimized for cellular, and when you’ve got that, you should be able to easily turn the website itself right into it’s own app so users don’t need to manually sign in each time they want to inspect sales information. 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 would like to see an Extra ability to indicate Other products similar to what the client is about to buy. If they’re purchasing a bundle of logo templates for $5, I could provide a package of business card templates or suggest some other product that could interest them that they didn’t know about. This is something that sites like VistaPrint and Amazon do.
I can not help but feel as though there’s a lot of money being left on the Table — for both myself and Payhip — with no operation. This could enhance the Payhip experience for both the seller and the client.
Set On A Fixed Timezone
This one is frivolous, but I Like to see it corrected.
Since Payhip is located at London, they’ve BST was set to by the timezone for the site. Since I am found in the EST, I will sometimes check my stats at 7PM or later and see that I left 0 earnings for the day since Payhip believes it is midnight and its own data reveals that.
This is mostly a non-issue, but I Would like to see that the ability to adjust the website. Payhip Dashboard
More Flexibility with Coupon Codes
I know I raved about the coupon It’s not perfect, although code feature earlier.
As it stands, the advertising You’re able to run via a coupon code is for a percent off. Ideally, I’d like to have the ability to offer a dollar amount to set a sale price that is predetermined.
Right Now, if I Need to place a merchandise Available for $10, I have to break out the calculator and do the math to figure out what percentage off will leave the last price. I believe this is unnecessary and could be made better.
When creating A brand new product in Payhip, you also have access to advanced options which include —
- Make your product private.
- Insert an ISBN (Internation Standard Book Number) to your eBook.
- Publish a preview or sample pages.
- To the number of copies of your product or eBook can be Insert a limitation number sold.
- Generate a license key that is exceptional for all your product/eBook sales.
Just how much does it cost?
Payhip will Cost you to set up or even host your digital products. The website takes only 5% commission per trade fee.
Can I Recommend Payhip?
This leaves us with the burning question: after 2+ years as a seller on Payhip, would you recommend it? Overall, yes. I am a client, but whether or not you ought to use it depends upon your own situation.
If you are a blogger with a small audience And you can’t justify spending $10+ a month for something such as Gumroad, then yes, I would recommend Payhip. But if you know that you’ll be doing at least $ 1,000 in sales each month and sell a product that is high-ticket or have a massive audience, you might want to look into something most cost-efficient.
As of the date of the writing, Payhip functions On a set 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 a month in total quantity, the math should (in most cases) prefer Payhip. But if you are selling into the thousands, you need to decide on Gumroad or start looking into another alternative. That is all largely dependent on the number of transactions it takes to achieve those sales numbers so be sure to crunch the numbers for yourself.
Personally, I love the Payhip Experience and am very grateful for their solutions. I would like to see them continue to grow and succeed. Payhip Dashboard