Background Payhip Faith
Of all the ways of Creating blog content, my favorite method is To create and sell products such as studying design templates and materials. I’ve discovered that it is extraordinarily rewarding than running ads and products convert at a higher speed than an affiliate product that someone else created. The support I use to ease this is Payhip, and this post I will be discussing what I both like and dislike about the service based in my Payhip expertise as a vendor for two + years. Payhip Faith
My Payhip Expertise
If you have ever wanted to market digital products Through your own site, you’ll need a means to facilitate transactions — some kind of infrastructure that will allow a customer to select your product, cover it, and also have it instantaneously delivered to them with whole hands-off automation. Payhip solves this problem.
Payhip is An e-commerce platform/website that gives users with solutions and the tools for hosting and selling products to their customers online.
The Provider 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’ve used a couple of them previously.
Having A stage that is really easy to use and one that does not take a huge amount of my time is of paramount importance.
Payhip will Save you a great deal of time too because everything is taken care of on the Payhip platform.
The Advantages that I’ve gained the most from utilizing Payhip comprise –
- EU VAT is cared for, 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 that is digital.
- Access to analytics accounts.
- Access to advertising tools. You have the option to create Societal and Coupons discounts.
- Capability to signup, manage and reward your own affiliates.
- Access to product sharing programs . Plus it is possible to embed Buy and your merchandise Now buttons on your own website or blog.
- The Capacity to set mailing lists so that your clients can Subscribe and remain current with your goods, and more.
- Instant digital merchandise shipping via email link for customers.
What I Enjoy About Payhip
Let us get to the information. Following my 2 year Payhip experience, Here Is What I love about the service…
Upgrades Are Instantaneous
Payhip let us your customers pay with PayPal Or from credit/debit card using Stripe, plus they do not pay out monthly/weekly/quarterly or force you to wait around for them to clear some sort of holding period. When a client makes a purchase, the money is instantly available on your account, and in case you have the PayPal and also Stripe apps installed on your mobile device, you are going to get notifications whenever a sale occurs. Payhip Faith
I happen to appreciate this. The excitement of Seeing a sale never gets old. In addition, it is great to wake up in the morning, reach to your phone, and also see that you made X amount of dollars while you’re sleeping, and it’s all readily available for you to spend. The only caveat to this is Stripe. If your clients card with Stripe, there will be a three day hold until the cash is available. That is Stripe however — Payhip does not hold your cash at all.
No Monthly Fees
One of the things that Payhip originally sold me on is that there is no Monthly fees or installation charges — just a simple flat charge of 5% per sale.
This was attractive to me in 2016 Because, at the moment, my readership was 1/10th of what it’s now, and I wasn’t positive that I was likely to always sell enough product to justify paying a monthly fee for a similar service such as Gumroad. As a relatively new blogger with a little audience, Payhip was the no-risk solution that best fit my situation.
Easy To Know Analytics
Payhip’s back end Provides an analytics page That lets you view transactions and earnings amounts relative to the day, week, month, year, or some other given range. Best of all, it’s a to-the-point and very simple report.
If you have used Google Analytics or Facebook analytics, the number of information you are immediately smacked in the face can be somewhat overwhelming, and lots of it’s largely useless also. Payhip just gives you exactly what you are there to view — revenue information. Nothing more, nothing less.
Run Promotions with Coupon Codes
Another advantage users of Payhip experience is By creating coupon codes promotions to conduct.
The codes may 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 may even be customized to whatever series of text you would like.
I’ve found this to be helpful. Occasionally I will conduct a weekend marketing, post it on Facebook boost the article targeting a pixel re-marketing audience and I never fail to go ROI positive by it. People truly do respond to limited time offers. Payhip Faith
Your Own Affiliate Program
Payhip Provides you the ability Readers sign up as an affiliate of your store, and whenever someone purchases a product with their customized affiliate link, you are able to award.
This is useful since it allows people To sell your products for you, and should they have a stage and an audience of their own that they can tap to, the commissions paid will be well worthwhile.
Easy Integration with Email Marketing
You’ll be, if you’re into email advertising Able to easily incorporate Payhip along with your email advertising supplier that is chosen so that a purchase is made, the purchaser’s email address can be added into a selected listing.
This is minor but I think it’s Pretty cool so I wish to give it a reference — if you so desire, you’ll have Payhip stamp the purchaser’s email address to the upper left corner of every page of a PDF document they have purchased.
So if someone intends to Purchase Your PDF Book subsequently make it publicly available for free they will have to be fine with their personal email address being accessible also. I think that is a creative way of deterring pirating.
Upload Many Kinds of Files
Payhip is a marketplace for ebooks — It’s possible to upload just about any sort of file. Font files, video/audio files, photos, software, etc..
Overall Simplicity and Modern Design
One thing that can’t be overlooked whenever You’re selling something is the way present your site appears. Individuals generally do not trust websites which appear outdated, myself included. If a website looks like it hasn’t been upgraded since the web 2.0 times, then I begin to wonder if perhaps I am in an abandoned construction and placing my payment info into it’d pretty much be just like throwing my money into a black hole.
That’s not the case with Payhip though. The Site has a simple and very modern layout. This is what you’d expect a checkout page from a company to look like In the event that you were to purchase a digital merchandise on the world wide web. Payhip Faith
Another thing that I like about Payhip is its own In general simplicity. In the a visitor lands on your product page, Payhip remains out of the way. They display your graphics, sales copy, and just the critical information (like price.) They do nothing to interfere with your purchase — no self-promotion whatsoever.
Eventually, what I enjoy about Payhip is That customer payment information isn’t stored by them, meaning that your customers’ payment details are secure. The payment is handled through Stripe or PayPal, and I prefer it this way as they’re big, successful companies with lots of money to spend on security.
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 service and would like to see enhanced…
No Mobile App
1 thing that bugs me around Payhip is that They don’t have a mobile app. It’d be convenient to have the ability to start an app while I am out and about and take a look through my earnings data. The site is optimized for mobile devices, although you may log in to the website and do so.
I enjoy Payhip, but that is a really Bad look in 2018. There is no reason you should not have a site optimized for mobile, and when you’ve got that, you should be able to easily turn the website itself right into it’s own program so users don’t have to manually sign in each time they want to check sales data. Users of Payhip encounter a platform when they’re on their devices.
No Upsells or Add-Ons In Checkout
On the checkout page, I would like to see an capability to suggest Other products. For instance, if they are buying a package of templates for $5, then I propose, or might offer a package of business card templates for a few extra bucks. This is something that websites like Amazon and VistaPrint do.
I can not help but feel like there is a lot of money Table — for both myself and Payhip — without this functionality. This may improve the Payhip experience for both the customer and the seller.
Set On A Fixed Timezone
This one is frivolous, but I had still Like to see it fixed.
Since Payhip is located in London, they have BST was set to by the working timezone for the whole site. Since I am located in the EST, I’ll sometimes check my analytics at 7PM or later and see that I made 0 sales for the day since Payhip thinks it is midnight and its own data reveals that.
This is a non-issue, but I Would love to see that the ability to adjust the site. Payhip Faith
More Flexibility with Coupon Codes
I know I raved about the voucher Code feature but it is not quite perfect yet.
As it currently stands, the only promotion You can run through a voucher code. Ideally, I’d love to have the ability to offer a dollar amount to set a sale price that is predetermined.
Right Now, if I want to put a $27 merchandise On sale for $10, do the math to figure out what percent off would leave the price and I must break out the calculator. I believe that is unnecessary and may be improved.
When creating A brand new product in Payhip, you also have access to advanced alternatives which include —
- Make your merchandise personal.
- Insert an ISBN (Internation Standard Book Number) for your eBook.
- Publish a couple of preview or sample pages.
- Insert a limitation amount to the number of copies of your product or market can be sold.
- Create a license key for all your product/eBook sales.
Just how much does this cost?
Payhip will Cost you nothing or host your products. The site takes just 5 percent commission per transaction fee.
Would I Recommend Payhip?
This leaves us with the burning question: after 2+ years as a seller on Payhip, do you recommend it? Overall, yes. I am a client, but whether you should use it depends on your own situation.
If you are a blogger with a small audience And you can not justify spending $10+ per month to get something such as Gumroad, then yes, I would absolutely recommend Payhip. But if you know that you’ll do at least $ 1,000 in sales each month and sell a product or have a massive audience, you may want to look into something most cost-efficient.
As of this date of this writing, Payhip works On a set fee of 5 percent of every sale. Gumroad’s fee is now 3.5% + $0.30 per transaction + $10 a month.
If you’re going to be selling $1,000 per month in total quantity, the mathematics should (in most cases) prefer Payhip. But if you are selling well into the thousands, you need to go with Gumroad or start looking into some choice. That is largely dependent on how many transactions it takes to achieve those sales numbers so be sure that you crunch the numbers.
Personally, I love the Payhip Experience and am grateful for their services. I want to see them continue to grow and succeed. Payhip Faith