Background Payhip Ewhoring
Of All of the ways of monetizing content, my Strategy is To create and sell products like learning materials and design templates. I have discovered that it is extraordinarily profitable than running ads and self-made products convert at a much greater rate compared to an affiliate product that someone else created. The support I use to ease this is Payhip, and in this article I’ll be discussing what I like and dislike about the ceremony based on my Payhip expertise as a vendor for 2+ years. Payhip Ewhoring
My Payhip Expertise
If you have ever wanted to sell products Through your own website, you are going to want a means to facilitate trades — some sort of infrastructure that will allow a customer to select your goods, cover it, and also have it instantaneously delivered to them with whole hands-off automation. Payhip solves this issue.
What is Payhip?
Payhip is An e-commerce platform/website that provides users with options and the tools for hosting and selling products straight to their customers online.
The Provider Was co-founded by Abs Farah and Kahin Farah and is currently based in my capital city of London.
Which are the benefits of utilizing Payhip?
Each online Platform is different, and I have used a couple of these in the past.
For me, having A stage that is really simple to use and one that does not take a huge amount of my valuable time is of utmost significance.
Payhip will Save a lot of time also because everything is taken care of on the Payhip platform.
The Benefits that I’ve gained the most from utilizing Payhip include –
- EU VAT is cared for, which can be a big plus in my book.
- Affordable. The website takes zero fees asides From 5 percent per trade when you sell a product.
- Access to analytics reports.
- Access to advertising tools. You have the option to make Coupons and social discounts.
- Capability to signup, handle 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 setup mailing lists so that your customers can Subscribe and remain up to date with your goods, and more.
- Instant digital merchandise delivery via email link to buyers.
What I Enjoy About Payhip
Let’s get to the information. Following my two year Payhip expertise, Here Is What I really like about the service…
Upgrades Are Instantaneous
Payhip let’s your customers pay with PayPal Or from credit/debit card with Stripe, plus they do not pay out monthly/weekly/quarterly or make you wait for them to clear some sort of holding period. When a customer makes a purchase, the money is immediately available on your accounts, and in case you have the PayPal and also Stripe programs installed on your mobile device, you’ll receive notifications each time a sale occurs. Payhip Ewhoring
I happen to appreciate this. The excitement of Seeing a new sale never gets old. In addition, it is good to wake up in the morning, reach to your phone, and also see you made X amount of dollars while you were sleeping, and it’s all easily available for you to spend. The only caveat to this is Stripe. If your clients pays by card with Stripe, there’ll be a three day hold until the money is available. That is Stripe though — Payhip doesn’t hold your cash 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 — just a simple flat fee of 5 percent per sale.
This was attractive to me back Since, at the time, my readership was less than 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 like Gumroad. As a relatively new blogger having a little crowd, Payhip was the no-risk solution that best match my scenario.
Simple To Understand Analytics
Payhip’s back end offers an page That enables you to view trades and earnings amounts relative to this day, week, month, year, or some other given selection. Best of all, it is a report.
If you have used Google Analytics or Facebook analytics, the amount of information you are immediately smacked in the face can be a bit overwhelming, and a lot of it’s largely useless also. Payhip just gives you exactly what you’re there to view — revenue data. Nothing more, nothing less.
Run Promotions with Coupon Codes
Another benefit users of Payhip experience is The ability to conduct promotions by producing coupon codes.
The codes can be Like and for any (or all) products. They could run for whatever duration you want (or even indefinitely,) along with the code itself can even be customized to whatever series of text you desire.
I’ve found this to be very helpful. Occasionally I’ll conduct a weekend marketing, place it on Facebook raise the post targeting a pixel audience that is re-marketing and I don’t fail to go ROI positive by it. People really do respond to limited time offers. Payhip Ewhoring
Your Own Affiliate Program
Payhip gives you the ability to let your Readers register as an affiliate of your shop, and you are able to award, if someone purchases a product using their custom affiliate link.
This is useful since it allows other Men and Women To market your merchandise the commissions paid will be worth it, and should they have a platform and an audience of their own that they can tap into.
Easy Integration with Email Marketing
If you are into email marketing, you will be Able to readily integrate Payhip with your email marketing provider so that whenever a sale is made, the email address of the purchaser can be added to a list that is chosen.
This is minor but I think it’s Pretty cool so I wish to give it a mention — if you so desire, you can have Payhip stamp the buyer’s email address into the top left corner of each page of a PDF document they’ve bought.
So if someone plans to Purchase Your PDF Publication make it available for free somewhere else, they will have to be fine with their email address being publicly accessible. I believe that is a very creative means of deterring pirating.
Upload Many Sorts of Files
Payhip isn’t just a market for ebooks — You can upload any sort of file. Font documents, video/audio files, photographs, software, etc..
Overall Simplicity and Modern Design
1 thing that can’t be overlooked whenever You are selling something is your site appears. People generally don’t trust sites which look obsolete, myself included. If a website looks like it has not been updated because the net 2.0 times, then I begin to wonder if perhaps 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’s not the case with Payhip though. The Website has a layout. This is what you’d anticipate a checkout page by a company to look like, In the event that you should purchase a digital merchandise on the internet. Payhip Ewhoring
Another thing I enjoy about Payhip is its Overall simplicity. From the moment a visitor lands on your product page, Payhip remains out of the way. They display your graphics, sales copy, and just the critical info (such as price.) They do nothing to interfere with your purchase — no.
Eventually, what I really enjoy about Payhip is That they do not store customer payment info, meaning that your clients’ payment details are secure. The payment is totally handled through Stripe or PayPal, and I prefer it that way as they are big companies with a lot of cash.
What I Dislike About Payhip
As much as I like Payhip, it’s far from perfect. Here are some items that I dislike about the service and would like to see improved…
No Mobile App
One thing that bugs me about Payhip is that They do not possess a mobile app. It’d be convenient to have the ability to open an app and take a look while I am out and around. The website is optimized for mobile devices, although you can log in to the website and do so.
I like Payhip, but this is a very Lousy look in 2018. There’s 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 right into it’s own app so users do not need to manually register in every time they want to check sales information. Users of Payhip experience a platform when they are on their cellular devices.
No Upsells or Add-Ons In Checkout
On the checkout page, I’d like to see an ability that is Extra to indicate Other products similar to what the customer is going to buy. If they are purchasing a bundle of logo templates for $5, then I might provide a package of business card templates to get a couple of dollars, or propose some other similar product that could interest them they previously didn’t know about. This is something which websites like Amazon and VistaPrint do very well.
I can not help but feel like there’s a lot of money being left on the Table — for both myself and Payhip — with no operation. This may improve the Payhip experience for both the client and the vendor.
Set On A Fixed Timezone
This one is frivolous, but I Prefer to see it fixed.
Considering that Payhip is located in London, they’ve BST was place to by The functioning timezone for the site. Since I’m found in the EST, I will occasionally check my analytics at 7PM or later and see that I left 0 sales for the day because Payhip thinks it’s midnight and its own data reveals that.
This is mostly a non-issue, but I Would love to observe the ability to adjust the site. Payhip Ewhoring
More Flexibility with Coupon Codes
I know I raved about the voucher It’s not quite perfect yet, although code feature earlier.
As it now stands, the sole advertising You’re able to run via a coupon code is to get a percentage off. Ideally, I’d love to be able to supply a dollar amount to set a sale price.
Right Now, if I Need to put a merchandise that is $27 On sale for $10, do the math to determine what percentage off will leave the price and I have to break out the calculator. I believe that is unnecessary and could be improved.
When creating A brand new product in Payhip, you also have access to advanced options which include —
- Make your merchandise private.
- Insert an ISBN (Internation Standard Book Number) to your eBook.
- Publish a couple of preview or sample pages.
- To the number of copies of eBook or your product can be add a limitation number sold.
- Create a license key that is unique for each of your product/eBook revenue.
How much does it cost?
Payhip will Cost you nothing or even host your products. The site takes only 5% commission per trade fee.
Would I Recommend Payhip?
This leaves us with the burning question: after 2+ years as a vendor on Payhip, would you recommend it? Overall, yes. I am a satisfied customer, but whether you should use it depends upon your situation.
If you are a blogger with a small audience And you can’t justify spending $10+ a month for something like Gumroad, then yes, I would recommend Payhip. But in case you know you’ll do at least $ 1,000 in sales each month and sell a merchandise that is high-ticket or have a huge audience, you might want to look into something most cost effective.
As of the date of the writing, Payhip works On a set fee of 5 percent of each sale. Gumroad’s fee is currently 3.5% + $0.30 per transaction + $10 a month.
If you are going to be promoting less than $1,000 per month in total volume, the mathematics should (typically ) prefer Payhip. But if you are selling well into the thousands, you are probably going to want to go with Gumroad or look into some choice. This is mostly dependent on the number of transactions it requires to achieve those sales numbers though, so make sure to crunch the numbers.
Personally, I absolutely love the Payhip Experience and am grateful for their services. I want to see them continue to grow and succeed. Payhip Ewhoring