Introduction Payhip Payment Methods
Of all the ways of monetizing blog Articles, my Strategy is Such as studying materials and layout templates, to make and sell products. I’ve found that it is extraordinarily rewarding than running advertisements from networks such as AdSense, and products convert at a significantly higher speed compared to an affiliate product that someone else created. The support I use to ease this is Payhip, and this article I’ll be sharing what I both like and dislike about the ceremony based on my Payhip expertise as a seller for two + years. Payhip Payment Methods
My Payhip Experience
If you’ve ever wanted to market products Through your own website, you’ll want a means to facilitate transactions — some sort of infrastructure which will enable a client to select your goods, pay for it, and also have it instantaneously delivered to them with complete hands-off automation. Payhip solves this problem.
What is Payhip?
Payhip is An e-commerce platform/website that provides users with the easiest tools and options for hosting and selling digital products 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.
Which are the benefits of utilizing Payhip?
Each online Platform differs, and I’ve used a couple of these previously.
Having A platform that is easy to use and one that doesn’t require a huge amount of my time that is precious is of paramount 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 taken care of, and it is a big plus in my book.
- Affordable. The website takes zero fees asides From 5 percent per transaction when you sell a product.
- Accessibility to analytics reports.
- Access to advertising tools. You have the option to create Coupons and social discounts.
- Ability to signup, manage and reward your own affiliates.
- Access to merchandise sharing tools. Plus it is possible to embed Purchase and your product Now buttons on blog or your own site.
- The ability to set mailing lists so that your customers can Subscribe and remain up to date with your electronic products, and much more.
- Immediate digital product delivery via email link to customers.
What I Enjoy About Payhip
Let us get to the details. After my 2 year Payhip expertise, Here Is What I really like about the service…
Upgrades Are Instantaneous
Payhip let us your customers pay with PayPal Or from credit/debit card using Stripe, and they do not cover 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 cash is instantly available on your account, and if you have the PayPal and also Stripe apps installed on your mobile device, you’ll receive notifications each time a sale occurs. Payhip Payment Methods
I happen to appreciate this. The excitement of Seeing a sale that is brand new never gets old. In addition, it is good to awake in the morning, reach to your telephone, and also see that you made X number of dollars while you’re sleeping, and it is all easily available for you to spend. The only caveat to this is Stripe. If your clients pays by card using Stripe, there will be a 3 day hold until the cash is available. This is all Stripe though — Payhip doesn’t hold your cash at all.
No Monthly Charges
One of those things that Payhip originally sold me on is that there’s no Monthly fees or installation charges — only a simple flat fee of 5 percent per sale.
This was appealing to me in 2016 Since, at the time, my readership was less than 1/10th of what it is now, and I was not positive I was likely to always sell enough product to warrant paying a monthly fee to get a similar service such as Gumroad. As a relatively new blogger having a small crowd, Payhip was the no-risk solution that best match my scenario.
Simple To Understand Analytics
Payhip’s back end Provides an page That enables you to view transactions and earnings amounts relative to the day, month, week, year, or some other given selection. Best of all, it’s a to-the-point and very straightforward report.
If you’ve ever used Google Analytics or Facebook analytics, the amount of information you’re immediately smacked in the face can be a bit overwhelming, and lots of it is mostly useless also. Payhip just provides you what you’re there to view — sales data. Nothing more, nothing less.
Run Promotions with Coupon Codes
Another benefit users of Payhip encounter is Promotions to conduct by creating coupon codes.
The codes can be Enjoy and for any (or all) products. They could run for any length you’d like (or even indefinitely,) and the code itself can even be customized to whatever series of text you would like.
I’ve found this to be useful. Sometimes I will conduct a weekend marketing, post it on Facebook, then raise the article targeting a pixel audience that is re-marketing and I never fail to go ROI positive by it. People do respond well to limited time offers. Payhip Payment Methods
Your Own Affiliate Program
Payhip Provides you the ability Readers sign up as an affiliate of your shop, and you are able to award someone buys a product using their custom affiliate link.
This is useful because it allows Men and Women To sell your merchandise and should they have a platform and an audience of their own they can tap to, the commissions paid will be worth it.
Easy Integration with Email Marketing
You’ll be, if you’re into email advertising Able to integrate Payhip with your email advertising supplier that is chosen so that a sale is made, the email address of the purchaser could be added into a list.
That is relatively small but I think it’s Pretty cool so I wish to give it a mention — if you so desire, you’ll have Payhip stamp the buyer’s email address into the top left corner of each page of a PDF document they have purchased.
So if someone intends to Purchase Your PDF Publication then make it accessible for free somewhere else, they’ll need to be okay with their email address being available also. I believe that’s a creative way of deterring pirating.
Upload Many Sorts of Files
Payhip isn’t Only a marketplace for ebooks — You can upload just about any kind of file. Font files, video/audio documents, photographs, software, etc..
Total Simplicity and Modern Design
One thing that can’t be overlooked whenever You are selling something is your website looks. Individuals generally don’t trust websites which appear obsolete, myself included. If a website looks like it hasn’t been upgraded because the web 2.0 days, I start to wonder if perhaps I am in an abandoned building and putting my payment info into it would pretty much be like throwing my money into a black hole.
That’s not true with Payhip though. The Website has a easy and very modern design. This is exactly what you’d anticipate a checkout page from a trustworthy company to look like, In the event that you should purchase a merchandise on the internet. Payhip Payment Methods
Another thing that I enjoy about Payhip is its In general simplicity. From the second a visitor lands on your product page, Payhip remains out of the way. They display your images, sales copy, and just the critical information (such as price.) They do nothing to interfere with your sale — no self-promotion whatsoever.
Eventually, what I actually like about Payhip is That customer payment info isn’t stored by them, meaning that your customers’ payment details are safe. The payment is handled through PayPal or Stripe, and I prefer it that way because they’re big companies with a lot of cash to spend on security.
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 ceremony and would like to see enhanced…
No Mobile App
One thing that bugs me around Payhip is that They do not possess a mobile program. It would be convenient to have the ability to open an app while I am out and about and have a look. You do this and may log into the site, but the website is optimized for mobile devices.
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 once you have that, you should be able to easily turn the site itself right into it’s own program so users don’t have to manually sign in every time they want to inspect sales data. Users of Payhip experience a much better platform when they’re 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 suggest Other products. For instance, if they’re purchasing a package of logo templates for $5, then I suggest some other product that could interest them that they previously didn’t know about, or might provide a bundle of business card templates for a couple of bucks. This is something which sites like Amazon and VistaPrint do very well.
I can not help but feel like there is a lot of money being left on the Table — for both myself and Payhip — with no functionality. This may enhance the Payhip experience for both the client and the seller.
Set On A Fixed Timezone
This one is frivolous, but I’d still Prefer to see it fixed.
Considering that Payhip is located at London, they have The functioning timezone for the whole website place to BST. Since I’m located in the EST, I will sometimes check my stats at 7PM or later and see that I left 0 sales for the day because Payhip thinks it is midnight and its own data reflects that.
Again, this is largely a non-issue, however I Would love to observe that the capability to correct the website to your timezone. Payhip Payment Methods
More Flexibility with Coupon Codes
I know I raved about the voucher It’s not perfect yet, although code feature earlier.
As it now stands, the only promotion You can run via a coupon code. Ideally, I’d like to have the ability to supply a dollar amount from the cost, or the ability to set a sale price.
At the moment, if I Need to put a product that is $27 Available for $10, do the math to determine what percent off will leave the final price and I have to break out the calculator. I believe this is unnecessary and could be made better.
When creating A brand new product in Payhip, you have access to advanced options including —
- Make your merchandise personal.
- Add an ISBN (Internation Standard Book Number) to your eBook.
- Publish sample pages or a couple of preview.
- To the number of copies of market or your product can be Insert a limit amount sold.
- Create a exceptional license key .
How much does it cost?
Payhip will Cost you nothing or host your digital products. The site takes just 5% commission per trade fee.
Would I Recommend Payhip?
This leaves us with the burning question: after two + years as a seller on Payhip, would you recommend it? Overall, yes. I am very much a client, but whether or not you ought to use it depends upon your situation.
If you’re a blogger with a small audience And you can not justify spending $10+ a month to get something like Gumroad, then yes, I would absolutely recommend Payhip. But if 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 huge audience, you may want to look into something.
As of the date of this writing, Payhip functions On a set fee of 5% of every sale. Gumroad’s fee is currently 3.5% + $0.30 per transaction + $10 per month.
If you are going to be selling less than $1,000 per month in total quantity, the mathematics should (typically ) prefer Payhip. But if you’re selling well into the thousands, you’ll probably want to decide on Gumroad or look into another alternative. That is dependent on the number of transactions it requires to reach those sales numbers so make certain to crunch the numbers.
Personally, I absolutely love the Payhip Expertise and am thankful for their services. I want to see them continue to grow and succeed. Payhip Payment Methods