Introduction Payhip Ltd
Of All of the ways of monetizing blog Articles, my method is Such as learning materials and design templates, to make and sell products. I have found that it’s extraordinarily profitable than running advertisements from networks such as AdSense, and self-made products convert at a significantly greater speed than an affiliate product that someone else created. The support I use to ease this can be Payhip, and this article I will be discussing what I both like and dislike about the ceremony based in my Payhip expertise as a seller for two + years. Payhip Ltd
My Payhip Expertise
If you have ever wanted to market digital products Through your own website, you’ll want a means to facilitate trades — some kind of infrastructure that will allow a client to select your goods, pay for it, and 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 options and the tools for hosting and promoting products directly to their clients online.
The company Was co-founded by Abs Farah and Kahin Farah and is currently based in my capital city of London.
Which are the advantages of using Payhip?
Each online Platform is different, and I’ve used a couple of them in the past.
For me, having A platform that is simple to use and one that does not require a massive amount of my time that is valuable is of paramount importance.
Payhip will Save you a great deal of time also because everything is cared for on the Payhip platform.
The Benefits that I’ve gained the most from utilizing Payhip include –
- EU VAT is taken care of, which is a huge plus in my book.
- Affordable. The site takes zero fees asides From 5% per trade when you sell a product that is digital.
- Access to analytics reports.
- Access to marketing tools. You have the option to make Societal and Coupons discounts.
- Capability to signup, manage and reward your own affiliates.
- Access to merchandise sharing programs . Plus you can embed Your merchandise and purchase Now buttons on your own website or blog.
- The Capacity to set mailing lists so that your customers can Subscribe and stay up to date with your electronic products, and much more.
- Instant digital merchandise shipping via email link for buyers.
What I Like About Payhip
Let us get to the information. After my two + year Payhip expertise, Here Is What I really like about the ceremony…
Payments Are Instantaneous
Payhip let us your customers pay with PayPal Or by credit/debit card using Stripe, plus they do not cover monthly/weekly/quarterly or make you wait for them to clear some kind of holding period. When a customer makes a purchase, the cash is immediately available in your account, and if you have the PayPal and also Stripe programs installed on your mobile device, you are going to receive notifications each time a sale occurs. Payhip Ltd
I happen to love this. The excitement of Seeing a sale never gets old. In addition, it is good to awake in the morning, reach for your telephone, and see you made X amount of dollars while you were sleeping, and it is all readily available for you to spend. The caveat to this is Stripe. If your customers 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 cash in any way.
No Monthly Fees
Among the things that Payhip originally sold me on is that there’s no Monthly charges or installation charges — just a simple flat fee of 5% per sale.
This was appealing to me in 2016 Because, at the moment, my readership was 1/10th of what it’s now, and that I was not positive that I was likely to consistently sell enough product to justify paying a monthly fee to get a similar service like Gumroad. As a relatively new blogger having a little audience, Payhip was the quickest solution that best match my scenario.
Easy To Understand Analytics
Payhip’s back end Provides an analytics page That lets you see transactions and earnings quantities relative to this day, month, week, year, or any other specified range. Best of all, it’s a straightforward and to-the-point report.
If you have ever used Google Analytics or Facebook analytics, the amount of data you are immediately smacked in the face can be a bit overwhelming, and lots of it’s largely useless too. Payhip just provides you what you’re there to view — sales information. Nothing more, nothing less.
Run Promotions with Coupon Codes
Another advantage users of Payhip encounter is By producing coupon codes, promotions to run.
The codes may be for any percentage you’d Like and for any (or all) products. They could run for whatever length you want (or even indefinitely,) and the code itself can even be customized to whatever string of text you would like.
I’ve found this to be useful. Sometimes I will run a weekend marketing, place it on Facebook, then boost the post targeting a pixel audience that is re-marketing and I never fail to go ROI positive by it. People really do respond well to limited time offers. Payhip Ltd
Your Own Affiliate Program
Payhip Provides you the ability Readers sign up as an affiliate of your store, and you can award if someone buys a product with their custom affiliate link.
This is useful since it allows Men and Women To sell your products for you, the commissions paid will be well worth it, and should they have a stage and an audience of their own that they can tap to.
Easy Integration with Email Marketing
You’ll be, if you’re into advertising Able to readily incorporate Payhip along with your email advertising supplier that is chosen so that whenever a purchase is made, the email address of the purchaser can be added to a chosen list.
This is relatively minor but I think it’s Pretty cool so I want to give it a mention — if you so desire, you’ll have Payhip postage the buyer’s email address to the top left corner of every page of a PDF document they have bought.
So if someone plans to buy your PDF Publication then make it publicly accessible for free they’ll have to be okay with their email address being publicly available as well. I believe that is a way of deterring pirating.
Upload Most Sorts of Files
Payhip is a marketplace for ebooks — It’s possible to upload virtually any sort of digital file. Font documents, video/audio files, photographs, software, etc..
Overall Simplicity and Modern Design
1 thing that can not be overlooked whenever You’re selling something is your website appears. People do not trust sites that look outdated, myself included. If a site looks like it hasn’t been upgraded because the net 2.0 times, then I start 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 Site has a design. This is what you would expect a checkout page by a company, In the event that you were to buy a product on the world wide web. Payhip Ltd
Another thing that I enjoy about Payhip is its own Overall simplicity. In the a visitor lands on your product page, Payhip stays out of the way. They display your images, sales copy, and only the crucial info (like price.) They do nothing to interfere with your purchase — no.
Eventually, what I actually enjoy about Payhip is That customer payment information isn’t stored by them, meaning your customers’ payment details are safe. The payment is managed through Stripe or PayPal, and I prefer it this way as they’re large, successful companies with lots of money.
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 enhanced…
No Mobile App
One thing that bugs me around Payhip is that They don’t have a mobile app. It’d be convenient to have the ability to open an app while I’m out and about, and take a look through my earnings data. You can log into the website and do so, but the website isn’t optimized for mobile devices.
I enjoy Payhip, but this is a very Lousy look in 2018. There’s no reason you shouldn’t have a site optimized for cellular, and once you have 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 every time they want to check sales information. Let users of Payhip experience a platform when they’re on their mobile devices.
No Upsells or Add-Ons At Checkout
On the checkout page, I would really like to see an ability that is added to indicate Other products similar to what the customer is going to buy. For instance, if they’re purchasing a bundle of templates for $5, then I propose some other similar product that may interest them that they previously didn’t know about, or could provide a bundle of business card templates for a couple of extra bucks. This is something which sites like VistaPrint and Amazon do well.
I can’t help but feel like there is a lot of money Table — for both myself and Payhip — with no operation. This could improve the Payhip experience for both the client and the vendor.
Set On A Fixed Timezone
This one is largely frivolous, but I had still Prefer to see it fixed.
Considering that Payhip is located at London, they’ve The functioning timezone for the website set to BST. Since I’m located in the EST, I will sometimes check my analytics at 7PM or afterwards and see that I left 0 earnings for the day because Payhip thinks it is midnight and its information reflects that.
Again, this is a non-issue, but I Would love to see that the ability to adjust the site. Payhip Ltd
More Flexibility with Coupon Codes
I know I raved about the voucher Code feature but it’s not quite perfect.
As it stands, the advertising You can run via a coupon code is for a percent off. Ideally, I’d like to have the ability to offer a dollar amount from the initial cost, or the capability to set a sale price that is predetermined.
At the moment, if I Need to place a $27 product Available 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 could be made better.
When creating A brand new product in Payhip, you also have access to advanced alternatives including —
- Make your product private.
- Add an ISBN (Internation Standard Book Number) to your eBook.
- Upload a couple of preview or sample pages.
- Add a limitation amount sold.
- Generate a license key that is unique for all your product/eBook revenue.
How much does this cost?
Payhip will Cost you or host your digital products. The site takes just 5 percent commission per transaction fee.
Would I Recommend Payhip?
This leaves us with the burning question: after two years as a seller on Payhip, do you recommend it? Overall, yes. I am very much a client, but whether you should use it depends on your situation.
If you’re a blogger with a small audience And you can not justify spending $10+ per month for something like Gumroad, then yes, I would recommend Payhip. In case you know that you’ll be doing at least $ 1,000 in sales each month and market a merchandise that is high-ticket or have a massive audience, you might want to look into something.
As of the date of this writing, Payhip functions On a flat 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 $1,000 per month in total volume, the math should (in most cases) prefer Payhip. But if you’re selling well into the thousands, you want to decide on Gumroad or start looking into some other choice. This is all largely dependent on the number of transactions it requires to reach those sales numbers, however, so make certain to crunch the numbers for yourself.
Personally, I love the Payhip Expertise and am grateful for their services. I want to see them continue to grow and succeed. Payhip Ltd