Intro Payhip Faq
Of all the ways of Creating Articles that is blog, my method is Such as learning materials and layout templates to create and sell digital products. I’ve found that it’s extraordinarily more rewarding than running ads and products convert at a greater rate compared to an affiliate product that someone else created. The service I use to ease this can be Payhip, and in this post I will be sharing what I both like and dislike about the service based on my Payhip experience as a seller for 2+ years. Payhip Faq
My Payhip Expertise
If you wanted to market digital products Through your own website, you are going to need a way to facilitate transactions — some sort 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 issue.
What is Payhip?
Payhip is An that gives customers with the easiest tools and options for promoting electronic products to their customers and hosting online.
The Provider Was co-founded by Abs Farah and Kahin Farah and is now based in my capital city of London.
What are the benefits of utilizing Payhip?
Each online Platform differs, and I’ve used a couple of these in the past.
For me, having A platform that is simple to use and one that doesn’t require a huge amount of my time that is valuable is of utmost importance.
Payhip will Save a great deal of time because everything is taken care of on the Payhip platform.
The Benefits that I’ve gained the most from utilizing Payhip comprise –
- EU VAT is taken care of, which can be a huge plus in my book.
- Affordable. The site takes zero charges asides From 5% per transaction when you sell a product that is digital.
- Accessibility to analytics accounts.
- Access to advertising tools. You have the option to make Coupons and societal discounts.
- Capability to signup, handle and reward your affiliates.
- Access to product sharing tools. Plus it is possible to embed Your product and purchase Now buttons on your own site or blog.
- The Capacity to setup mailing lists so that your clients can Subscribe and stay current with your products, and more.
- Instant digital merchandise delivery via email link for buyers.
What I Like 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 us your customers pay with PayPal Or by credit/debit card using Stripe, and they do not pay out monthly/weekly/quarterly or make you wait for them to clean some kind of holding period. When a customer makes a purchase, the cash is immediately available in your accounts, and in case you’ve got the PayPal and Stripe apps installed on your mobile device, you’ll get notifications whenever a sale happens. Payhip Faq
I happen to love this. The excitement of Seeing a brand new sale never gets old. In addition, it is great to wake up in the morning, reach to your telephone, and also see you made X amount of dollars while you’re sleeping, and it’s all easily available for you to spend. The caveat to this can be Stripe. If your customers card using Stripe, there will be a 3 day hold until the money is available. This is all Stripe however — Payhip does not hold your cash in any way.
No Monthly Charges
One of those things that Payhip initially sold me on is that there is no Monthly fees or setup charges — just a simple flat charge of 5 percent per purchase .
This was attractive to me in 2016 Since, at the time, my readership was less than 1/10th of what it’s now, and that I wasn’t positive that I was likely to always sell enough product to warrant paying a monthly fee for a similar service such as Gumroad. As a relatively new blogger with a little crowd, Payhip was the quickest solution that best match my scenario.
Simple To Understand Analytics
Payhip’s back end Provides an page That lets you see transactions and earnings quantities relative to this day, week, month, year, or some other specified selection. On top of that, it is a report that is to-the-point and really simple.
If you used Google Analytics or Facebook analytics, the amount of data you’re instantly smacked in the face with 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 conduct.
The codes may be for almost any percentage you’d Enjoy and for any (or all) products. They can run for any 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 helpful. Sometimes I’ll conduct a weekend promotion, post it on Facebook, then raise the post targeting a pixel audience that is re-marketing and I never fail to go ROI positive with it. People do respond to limited time offers. Payhip Faq
Your Own Affiliate Program
Payhip gives you the capability Readers register as an affiliate of your store, and someone buys a product you can grant.
This is useful because it allows other Men and Women To market your merchandise for you, the commissions paid will be worthwhile and if they have a platform and an audience of their own they can tap into.
Easy Integration with Email Marketing
If you’re into marketing, you will be Able to easily incorporate Payhip along with your email advertising supplier that is preferred so that a sale is made, the email address of the purchaser can be added to a listing.
This is minor but I think it’s Pretty cool so I want to give it a reference — if you desire, you’ll have Payhip stamp the purchaser’s email address into the top left corner of each page of a PDF document they have bought.
So if someone intends to buy your PDF Publication subsequently make it accessible for free somewhere else, they’ll need to be okay with their email address being publicly accessible also. I think that is a very creative way of deterring pirating.
Upload Most Kinds of Files
Payhip is a marketplace for ebooks — It’s possible to upload any kind of file. Font documents, video/audio files, photographs, software, etc..
Overall Simplicity and Modern Design
1 thing that can’t be overlooked whenever You’re selling something is how current your website looks. People generally do not trust sites which appear outdated, myself included. If a site looks like it has not been upgraded since the web 2.0 times, then I start to wonder if perhaps I’m in an abandoned construction and putting my payment information to it would pretty much be just like throwing my money into a black hole.
That’s not the case with Payhip though. The Site has a design. In the event that you should purchase a product this is exactly what you would anticipate a checkout page by a company to appear like. Payhip Faq
Another thing I like about Payhip is its own Overall simplicity. From the very second a visitor lands on your product page, Payhip stays out of the way. They display your images, sales copy, and only the critical information (like price.) They do nothing to interfere with your sale — no.
Eventually, what I actually enjoy about Payhip is That they don’t store customer payment info, meaning your clients’ payment details are safe. The payment is handled through Stripe or PayPal, and I prefer it this way because they are successful companies with a lot 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 service and would like to see enhanced…
No Mobile App
1 thing that bugs me about Payhip is that They don’t have a mobile program. It would be convenient to be able to start an app while I’m out and about, and have a look during my data. You may log in to the site and do this, but the website is optimized for mobile devices.
I like Payhip, but this is a very Bad look in 2018. There is no reason you should not have a website optimized for cellular, and when you’ve got that, you ought to be able to easily turn the website itself into it’s own app so users do not need to manually sign in each time they would like to inspect sales information. Users of Payhip experience a much better platform when they are on their cellular devices.
No Upsells or Add-Ons At Checkout
On the checkout page, I would like to see an added ability to indicate Other products similar to what the customer is about to purchase. For instance, if they are purchasing a bundle of logo templates for $5, then I could offer a bundle of business card templates to get a couple of extra bucks, or suggest. This is something that sites like VistaPrint and Amazon do.
I can’t help but feel as though there is a lot of money being left on the Table — for myself and Payhip — with no functionality. This could enhance the Payhip encounter for both the customer and the seller.
Set On A Fixed Timezone
This one is largely frivolous, but I’d still Like to see it corrected.
Since Payhip is located in London, they’ve The functioning timezone for the whole site place to BST. Since I am located in the EST, I’ll occasionally check my analytics at 7PM or afterwards and see that I made 0 earnings for the day because Payhip believes it’s midnight and its information reveals that.
This is a non-issue, but I Would love to see that the capability to correct the website. Payhip Faq
More Flexibility with Coupon Codes
I know I raved about the coupon It is not quite perfect just yet, although Code attribute earlier.
As it stands, the advertising You’re able to run via a voucher code. Ideally, I’d like to be able to offer a dollar amount off the initial price, or the capability to set a sale price that is specified.
Right Now, if I Need to put a merchandise that is $27 Available for $10, do the math to figure out what percent off will render the last cost at $10 and I have to break out the calculator. I believe that is unnecessary and may be made better.
When creating A new product in Payhip, you have access to innovative alternatives which include —
- Make your merchandise private.
- Insert an ISBN (Internation Standard Book Number) for your eBook.
- Publish sample pages or a couple of preview.
- To the number of copies of your product or market can be Insert a limit amount sold.
- Create a license key that is exceptional for all 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.
Would I Recommend Payhip?
This leaves us with the burning question: after 2+ years as a vendor on Payhip, do you recommend it? Overall, yes. I am very much a client, but whether or not you should use it depends on your own situation.
If you’re a 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, in case you sell a merchandise that is high-ticket or have a huge audience and know you’ll do at least $ 1,000 in sales every month, you may want to check into something.
As of this date of this writing, Payhip works On a set fee of 5% of each 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 volume, the mathematics should (typically ) favor Payhip. But if you are selling into the thousands, you’ll probably need to go with Gumroad or start looking into another alternative. That is largely dependent on how many transactions it requires to reach those sales numbers though, so be sure to crunch the numbers for yourself.
Personally, I love the Payhip Experience and am grateful for their solutions. I want to see them continue to grow and succeed. Payhip Faq