Introduction Payhip Ebooks
Of all the ways of monetizing Articles that is blog, my favorite method is Like learning design templates and materials, to make and sell products. I’ve discovered that it’s extraordinarily rewarding than running advertisements and self explanatory products convert at a significantly higher rate than an affiliate product that somebody else created. The service I use to ease this can be Payhip, and this post I will be sharing what I both like and dislike about the service based in my Payhip expertise as a vendor for 2+ years. Payhip Ebooks
My Payhip Expertise
If you wanted to market digital products Through your own site, you are going to need a way to facilitate transactions — some sort of infrastructure which will enable a client to select your product, pay for it, and have it instantaneously delivered to them with complete hands-off automation. Payhip solves this problem.
Payhip is An that gives users with the tools and options for promoting electronic products 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 benefits of utilizing Payhip?
Each online Platform differs, and I have used a couple of them previously.
For me personally, having A stage that is so simple to use and one that does not require a massive amount of my time is of utmost significance.
Payhip will Save 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 comprise –
- EU VAT is cared for, which is a huge plus in my book.
- Affordable. The website takes zero fees asides From 5 percent per transaction when you sell a item.
- Access to analytics reports.
- Access to marketing tools. You have the option to create Coupons and social discounts.
- Ability to signup, manage and reward your own affiliates.
- Access to merchandise sharing tools. Plus you can embed Buy and your product Now buttons right on blog or your own site.
- The ability to setup mailing lists so that your customers can Subscribe and stay current with your electronic products, and much more.
- Instant digital merchandise delivery 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…
Upgrades Are Instantaneous
Payhip let us your customers pay with PayPal Or by credit/debit card with Stripe, and they don’t pay out monthly/weekly/quarterly or force you to wait for them to clean some sort of holding period. When a client makes a purchase, the cash is immediately available in your accounts, and if you’ve got the PayPal and Stripe apps installed on your mobile device, you’ll receive notifications each time a sale happens. Payhip Ebooks
I happen to love this. The excitement of Seeing a sale never gets old. It’s also great to wake up in the morning, reach to 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 caveat to this can be Stripe. If your clients card with Stripe, there’ll be a 3 day hold until the money is available. That is all Stripe though — Payhip does not hold your money in any way.
No Monthly Charges
Among the things that Payhip initially sold me on is that there’s no Monthly fees or setup charges — only a simple flat fee of 5 percent per sale.
This was appealing to me back Since, at the time, my readership was 1/10th of what it is now, and that I was not positive that I was going to always sell enough product to warrant paying a monthly fee for a similar service like Gumroad. As a relatively new blogger having a small crowd, Payhip was the no-risk solution that best match my scenario.
Simple To Know Analytics
Payhip’s back end offers an analytics page That enables you to view transactions and earnings quantities relative to this day, week, month, year, or any other specified selection. Best of all, it’s a report.
If you have used Google Analytics or Facebook analytics, the number of information you’re instantly smacked in the face can be a bit overwhelming, and lots of it is mostly useless also. Payhip just provides you what you’re there to view — revenue information. 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 may be for any percentage you would Like and for any (or all) products. They can run for any length you’d like (or even indefinitely,) and the code itself may even be customized to whatever series of text you desire.
I’ve found this to be very helpful. Sometimes I’ll conduct a weekend promotion, place it on Facebook, then boost the post targeting a pixel audience that is re-marketing and I don’t fail to go ROI positive by it. People do respond to limited time offers. Payhip Ebooks
Your Own Affiliate Program
Payhip gives you the capability Readers register as an affiliate of your store, and you can award, someone buys a product with their custom affiliate link.
This is useful because it allows people To market your merchandise the commissions paid will be worth it and if they have a stage and an audience of their own that they can tap to.
Easy Integration with Email Marketing
If you’re into email marketing, you’ll be Able to readily integrate Payhip along with your email advertising provider so that if a purchase is made, the email address of the purchaser can be added into a listing that is chosen.
That is minor but I think it’s Pretty cool so I wish to give it a mention — if you desire, you can have Payhip stamp the buyer’s email address into the upper left corner of every page of a PDF document they’ve purchased.
So if someone plans to Purchase Your PDF Publication make it publicly available for free somewhere else, they will have to be fine with their email address being publicly available as well. I think that is a creative means of deterring pirating.
Upload Many Sorts of Files
Payhip is a market for ebooks — You can upload any kind of file. Font documents, video/audio files, photographs, software, etc..
Total Simplicity and Modern Design
1 thing that can not be overlooked whenever You’re selling something is your site looks. People generally don’t trust websites which appear outdated, myself included. If a website looks like it hasn’t been upgraded since the net 2.0 days, I start to wonder if perhaps I am in an abandoned construction and placing my payment information into it’d pretty much be like throwing my money into a black hole.
That’s not true with Payhip though. The Website has a layout. In the event that you were to buy a merchandise this is what you’d expect a checkout page by a business to look like. Payhip Ebooks
Another thing that I enjoy about Payhip is its In general simplicity. From the very moment a visitor lands on your product page, Payhip remains out of the way. They display your graphics, sales copy, and just the crucial info (such as price.) They do nothing to interfere with your purchase — no self-promotion whatsoever.
Eventually, what I enjoy about Payhip is That they don’t store customer payment information, meaning your customers’ payment details are safe. The payment is totally handled through Stripe or PayPal, and I prefer it that way as they are large companies with lots of cash to invest on top-shelf security.
What I Dislike About Payhip
As much as I enjoy Payhip, it’s far from perfect. Here are some items that I dislike about the ceremony and would like to see improved…
No Mobile App
1 thing that bugs me around Payhip is that They do not possess a program. It’d be convenient to be able to start an app and take a look through my earnings data while I’m out and around. The website is optimized for mobile devices, although you do so and can log into the site.
I like Payhip, but this is a very Bad appearance in 2018. There’s no reason you should not have a site optimized for cellular, and when you’ve got that, you ought to be able to easily turn the website itself right into it’s own app so users do not have to manually sign in every time they would like to check sales information. Let users of Payhip encounter a better platform when they’re on their devices.
No Upsells or Add-Ons At Checkout
On the checkout page, I would like to see an ability to indicate Other products. By way of example, if they’re purchasing a bundle of templates for $5, then I propose some other product that could interest them they previously didn’t know about, or could provide a bundle of business card templates to get a few added bucks. This is something that sites like VistaPrint and Amazon do well.
I can not help but feel like there is a Great Deal of money being left on the Table — for both myself and Payhip — with no functionality. This may improve the Payhip experience for both the vendor and the client.
Set On A Fixed Timezone
This one is largely frivolous, but I Prefer to see it fixed.
Considering that Payhip is located in London, they’ve The timezone for the website set to BST. Since I am located in the EST, I will occasionally check my analytics at 7PM or afterwards and see that I made 0 sales for the day because Payhip believes it’s midnight and its information reflects that.
Again, this is a non-issue, but I Would like to observe the capability to correct the website. Payhip Ebooks
More Flexibility with Coupon Codes
I know I raved about the voucher It is not perfect, although code feature earlier.
As it stands, the only advertising You can run via a voucher code is for a percent off. Ideally, I’d love to have the ability to offer a dollar amount off the original price, or the capability to set a sale price that is predetermined.
Right Now, if I want to put a product Available for $10, I must break out the calculator and manually do the math to determine what percent off would leave the price at $10. I think that is unnecessary and could be made better.
When creating A new product in Payhip, you have access to innovative options which include —
- Make your merchandise private.
- Insert an ISBN (Internation Standard Book Number) for your eBook.
- Upload a preview or sample pages.
- To the number of copies of eBook or your product can be, add a limitation number sold.
- Generate a license key that is exceptional for each of your product/eBook revenue.
Just how much does it cost?
Payhip will Cost you or even host your electronic products. The site takes just 5 percent commission per transaction 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 a happy client, but whether or not you ought to use it depends on your situation.
If you’re 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 recommend Payhip. However, if you have a huge audience or market a high-ticket product and know that you’ll do at least $1,000 in sales every month, you may want to look into something most cost effective.
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 are selling well into the thousands, you are probably going to want to go with Gumroad or start looking into another choice. That is all largely dependent on how many transactions it takes to achieve those sales numbers, however, so make sure to crunch the numbers on your own.
Personally, I love the Payhip Expertise and am really grateful for their solutions. I would like to see them continue to grow and succeed. Payhip Ebooks