Background Payhip Mrdots
Of all the ways of Creating Articles that is blog, my Strategy is Like studying materials and design templates, to make and sell products. I’ve discovered that it’s extraordinarily profitable than running ads and products convert at a higher rate compared to an affiliate product that somebody else created. The service I use to facilitate this is Payhip, and this article I’ll be sharing what I like and dislike about the ceremony based in my Payhip experience as a vendor for two + years. Payhip Mrdots
My Payhip Experience
If you’ve ever wanted to sell products Through your own site, you are going to want a means to facilitate trades — some kind of infrastructure that will allow a client to select your goods, pay for 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 gives users with the tools and options for hosting and selling products straight to their customers online.
The company Was co-founded by Abs Farah and Kahin Farah and is now based in my capital city of London.
What are the benefits of using Payhip?
Each online Platform differs, and I have used a few of them in the past.
For me personally, having A stage that is so easy to use and one that does not require a huge amount of my time that is precious is of utmost importance.
Payhip will Save you a lot of time because everything is cared for on the Payhip platform.
The Benefits 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 site takes zero fees asides From 5% per trade when you sell a item.
- Access to analytics reports.
- Access to advertising tools. You have the option to make Societal and coupons discounts.
- Ability to signup, handle and reward your affiliates.
- Access to merchandise sharing programs . Plus you can embed Buy and your product Now buttons right on blog or your own website.
- The Capacity to set mailing lists so that your customers can Subscribe and remain current with your products, and more.
- Immediate digital merchandise shipping via email link for customers.
What I Enjoy About Payhip
Let us get to the information. Following my two year Payhip expertise, Here Is What I really like about the ceremony…
Upgrades Are Instantaneous
Payhip let’s your customers pay with PayPal Or from credit/debit card using Stripe, and they don’t pay out monthly/weekly/quarterly or make you wait for them to clear some kind of holding period. When a client makes a purchase, the money is instantly available in your accounts, and if you have the PayPal and also Stripe apps installed on your mobile device, you are going to receive notifications whenever a sale happens. Payhip Mrdots
I happen to appreciate this. The excitement of Seeing a sale that is new never gets old. It’s also good to awake in the morning, reach to your phone, and also see that you made X number of dollars while you’re sleeping, and it’s all easily available for you to spend. The only caveat to this can be Stripe. If your clients card using Stripe, there’ll be a three day hold before the money is available. That is all Stripe though — Payhip doesn’t hold your cash in any way.
No Monthly Charges
Among the things that Payhip originally sold me is that there is no Monthly fees or installation charges — just a simple flat charge of 5% per sale.
This was appealing to me back in 2016 Since, at the time, my readership was 1/10th of what it’s now, and I wasn’t positive 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 small crowd, Payhip was the quickest solution that best fit my situation.
Simple To Understand Analytics
Payhip’s back end Provides an analytics page That enables you to see trades and earnings quantities relative to the day, week, month, year, or any other specified selection. On top of that, it’s a to-the-point and really straightforward report.
If you have used Google Analytics or Facebook analytics, the number of information you’re immediately smacked in the face with can be somewhat overwhelming, and a lot of it’s mostly useless also. Payhip just provides you what you are there to see — revenue information. Nothing more, nothing less.
Run Promotions with Coupon Codes
Another benefit users of Payhip experience is Promotions to run by producing coupon codes.
The codes may be Enjoy and for any (or all) products. They can run for whatever duration you want (or even indefinitely,) and the code itself may even be customized to whatever string of text you would like.
I’ve found this to be useful. Sometimes I’ll conduct a weekend marketing, post it on Facebook, then boost the article targeting a pixel audience and I never fail to go ROI positive by it. People truly do respond to limited time offers. Payhip Mrdots
Your Own Affiliate Program
Payhip Provides you the capability to let your Readers register as an affiliate of your store, and whenever someone purchases a product with their custom affiliate link, you are able to grant.
This is useful since it allows people To sell your merchandise and should they have a stage and an audience of their own that they can tap into, the commissions paid will be worth it.
Easy Integration with Email Marketing
If you’re into email marketing, you’ll be Able to easily integrate Payhip along with your preferred email marketing provider so that a sale is made, the purchaser’s email address can be added into a list that is chosen.
This is relatively small but I think it’s Pretty cool so I want to give it a reference — if you so desire, you can have Payhip postage the buyer’s email address to the top left corner of each page of a PDF document they’ve purchased.
So if someone plans to buy your PDF Book then make it publicly accessible for free they’ll have to be okay with their private email address being available. I think that’s a way of deterring pirating.
Upload Most Kinds of Files
Payhip is a marketplace for ebooks — You can upload any kind of digital file. Font documents, video/audio files, photos, software, etc..
Overall Simplicity and Modern Design
1 thing that can not be overlooked whenever You are selling something is your website looks. People generally don’t trust sites that look outdated, myself included. If a site looks like it has not been updated since the web 2.0 times, then I begin to wonder if perhaps I’m in an abandoned construction and putting my payment information into it would pretty much be like throwing my money into a black hole.
That is not true with Payhip though. The Site has a very contemporary and simple layout. This is what you’d anticipate a checkout page from a trusted company, In the event that you were to buy a merchandise on the internet. Payhip Mrdots
Another thing I enjoy about Payhip is its In general simplicity. In the second a visitor lands on your product page, Payhip stays out of the way. They display your images, sales copy, and just the crucial information (such as price.) They do absolutely nothing to interfere with your purchase — no self-promotion whatsoever.
Eventually, what I actually like about Payhip is That they do not store customer payment info, meaning your customers’ payment details are safe. The payment is completely managed through PayPal or Stripe, and I prefer it this way as they are big, successful companies with lots of cash to spend on top-shelf security.
What I Dislike About Payhip
As much as I enjoy Payhip, it’s far from perfect. Here are some things 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 don’t possess a mobile app. It would be convenient to be able to open an app and take a look during my earnings data while I’m out and about. You can log into the website and do so, but the website is optimized for mobile devices.
I enjoy Payhip, but this is a very Bad look in 2018. There is 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 don’t have to manually sign in each time they want to check sales information. Permit users of Payhip experience a better platform when they are on their mobile devices.
No Upsells or Add-Ons In Checkout
On the checkout page, I’d like to see an capability that is Extra to suggest Other products similar to what the customer is going to buy. If they’re buying a package of logo templates for $5, I propose, or could offer a package of business card templates for a couple of bucks. This is something which websites like VistaPrint and Amazon do.
I can not help but feel as though there’s a Great Deal of money Table — for both myself and Payhip — with no functionality. This may enhance the Payhip experience for both the customer and the vendor.
Set On A Fixed Timezone
This one is largely frivolous, but I’d still Prefer to see it corrected.
Considering that Payhip is located at London, they have BST was set to by the timezone for the whole website. Since I am located in the EST, I will occasionally check my analytics at 7PM or afterwards and see that I made 0 earnings for the day since Payhip thinks it’s midnight and its own information reflects that.
Again, this is a non-issue, but I Would like to observe that the capability to correct the site to your timezone. Payhip Mrdots
More Flexibility with Coupon Codes
I know I raved about the voucher Code feature but it’s not quite perfect just yet.
As it stands, the advertising You can run via a coupon code is for a percent off. I’d like to be able to supply a dollar amount to set a specified sale price.
At the moment, if I want to put a merchandise that is $27 Available for $10, I have to break out the calculator and do the math to determine what percent off will leave the last price at $10. I think that is unnecessary and may be improved.
When creating A new product in Payhip, you also have access to advanced options which include —
- Make your merchandise private.
- Add an ISBN (Internation Standard Book Number) for your eBook.
- Publish sample pages or a preview.
- Insert a limitation amount to how many copies of eBook or your product can be sold.
- Generate a unique license key for each of your product/eBook revenue.
Just how much does it cost?
Payhip will Cost you nothing or even host your electronic products. The site takes only 5% commission per transaction fee.
Can I Recommend Payhip?
This leaves us with the burning question: after 2+ years as a vendor on Payhip, do you recommend it? Total, yes. I am a customer, but whether you should use it depends upon your own situation.
If you are a new blogger with a small audience And you can not justify spending $10+ a month for something like Gumroad, then yes, I would recommend Payhip. However, if you know that you’ll do at least $ 1,000 in sales each month and market a merchandise or have a massive audience, you might want to look into something.
As of this date of this writing, Payhip functions On a flat fee of 5% of every 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 quantity, the mathematics should (typically ) favor Payhip. But if you’re selling into the thousands, you are probably going to want to go with Gumroad or start looking into another alternative. This is dependent on the number of transactions it requires to reach those sales numbers so be sure to crunch the numbers on your own.
Personally, I absolutely love the Payhip Experience and am very thankful for their services. I want to see them continue to grow and succeed. Payhip Mrdots