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Of All of the ways of Creating content that is blog, my method is Like learning materials and design templates, to create and sell electronic products. I have found that it is extraordinarily more profitable than running advertisements from networks like AdSense, and products convert at a higher speed than an affiliate product that somebody else created. The service I use to facilitate this can be Payhip, and this article I will be discussing what I like and dislike about the service based on my Payhip experience as a seller for two + years. Payhip Preview
My Payhip Experience
If you have ever wanted to sell products Through your own site, you’ll want a way to facilitate trades — some kind of infrastructure that will allow a client to select your product, cover it, and also have it immediately delivered to them with whole hands-off automation. Payhip solves this issue.
Payhip is An e-commerce platform/website that gives users with the easiest tools and solutions for promoting products directly to their clients and hosting online.
The company Was co-founded by Abs Farah and Kahin Farah and is currently based in my capital city of London.
What are the benefits of using Payhip?
Each online Platform is different, and I have used a few of them in the past.
Having A stage that is simple to use and one that does not require a massive amount of my time is of utmost importance.
Payhip will Save a lot of time because everything is cared for on the Payhip platform.
The Advantages that I’ve gained the most from utilizing Payhip comprise –
- EU VAT is cared for, which can be a big plus in my book.
- Affordable. The site takes zero fees asides From 5% per transaction when you sell a product.
- Access to analytics reports.
- Access to advertising tools. You have the option to create Coupons and societal discounts.
- Ability to signup, handle and reward your affiliates.
- Access to merchandise sharing programs . Plus it is possible to embed Purchase and your merchandise Now buttons on blog or your website.
- The ability to setup mailing lists so that your clients can Subscribe and remain current with your goods, and more.
- Immediate digital merchandise shipping via email link for buyers.
What I Like About Payhip
Let’s get to the details. After my two + year Payhip expertise, Here Is What I really like about the ceremony…
Payments Are Instantaneous
Payhip let’s your customers pay with PayPal Or from credit/debit card with Stripe, plus 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 cash is immediately available on your account, and in case you have the PayPal and Stripe apps installed on your mobile device, you are going to get notifications each time a sale happens. Payhip Preview
I happen to love this. The excitement of Seeing a sale that is brand new never gets older. In addition, it is great to wake up in the morning, reach to your phone, and also see you made X amount 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 customers card using Stripe, there will be a 3 day hold until the money is available. This is all Stripe though — Payhip doesn’t hold your money in any way.
No Monthly Fees
Among those things that Payhip originally sold me is that there is no Monthly fees or installation charges — just a simple flat charge of 5 percent per purchase .
This was attractive to me back Because, at the time, my readership was 1/10th of what it is now, and I wasn’t positive I was likely to always sell enough product to warrant paying a monthly fee to get a similar service like Gumroad. As a relatively new blogger having a little crowd, Payhip was the quickest solution that best fit my scenario.
Simple To Understand Analytics
Payhip’s back end Provides an analytics page That enables you to view transactions and earnings quantities relative to the day, month, week, year, or any other given range. On top of that, it is a report.
If you’ve ever used Google Analytics or Facebook analytics, the amount of information you’re instantly smacked in the face can be a bit overwhelming, and lots of it’s mostly useless also. Payhip just provides you exactly what you’re there to view — revenue information. Nothing more, nothing less.
Run Promotions with Coupon Codes
Another benefit users of Payhip encounter is By producing coupon codes, promotions to conduct.
The codes can be for almost any percentage you’d Like and for any (or all) products. They could run for whatever length you’d like (or even permanently,) along with the code itself can even be customized to whatever string of text you would like.
I’ve found this to be helpful. Occasionally I will run a weekend promotion, place it on Facebook raise the post targeting a pixel audience that is re-marketing and I never fail to go ROI positive with it. People truly do respond well to limited time offers. Payhip Preview
Your Own Affiliate Program
Payhip Provides you the capability to let your Readers register as an affiliate of your shop, and you can award someone buys a product using their custom affiliate link.
This is useful because it allows people To sell your products for you, the commissions paid will be worth it, and should they have a platform and an audience of their own they can tap into.
Easy Integration with Email Marketing
You will be, if you are into marketing Able to readily integrate Payhip with your email advertising provider that is chosen so that a purchase is made, the purchaser’s email address could be added into a list.
This is relatively small but I think it’s Pretty cool so I wish to give it a reference — if you desire, you can have Payhip stamp the buyer’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 make it accessible for free they will need to be fine with their email address being available. I think that’s a means of deterring pirating.
Upload Most Sorts of Files
Payhip is not just a market for ebooks — You can upload just about any sort of file. Font files, video/audio files, photographs, software, etc..
Total Simplicity and Modern Design
1 thing that can’t be overlooked whenever You’re selling something is your website appears. Individuals generally do not trust sites that look outdated, myself included. If a website looks like it hasn’t been updated since the net 2.0 times, then I begin to wonder if perhaps I’m in an abandoned building and putting my payment information to 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 layout that is simple and very contemporary. In the event that you should buy a product this is what you’d expect a checkout page by a company. Payhip Preview
Another thing I like about Payhip is its 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 crucial information (such as price.) They do nothing to interfere with your purchase — no.
Finally, what I enjoy about Payhip is That they do not store customer payment info, meaning that your customers’ payment details are safe. The payment is totally managed through PayPal or Stripe, and I prefer it that way as they’re big companies with lots of cash.
What I Dislike About Payhip
As much as I enjoy Payhip, it is far from perfect. Here are some items that I dislike about the service and would like to see improved…
No Mobile App
1 thing that bugs me about Payhip is that They don’t possess a mobile app. It’d be convenient to have the ability to open an app and take a look during my earnings data while I am out and about. The website is optimized for mobile devices, although you do this and may log into the website.
I like Payhip, but that is a very Lousy look in 2018. There is no reason you should not have a site optimized for cellular, and when you have that, you should be able to easily turn the site itself right into it’s own app so users do not need to manually sign in every time they would like to check sales data. Users of Payhip experience a platform when they are on their mobile devices.
No Upsells or Add-Ons In Checkout
On the checkout page, I would like to see an ability that is added to indicate Other products similar to what the client is about to buy. If they are buying a bundle of templates for $5, then I suggest some other similar product which could interest them that they didn’t know about, or might provide a package of business card templates to get a couple of extra dollars. This is something which sites like Amazon and VistaPrint do.
I can’t help but feel like there’s a Great Deal of money being left on the Table — for myself and Payhip — with no operation. This could enhance the Payhip experience for both the customer and the seller.
Establish On A Fixed Timezone
This one is frivolous, but I Prefer to see it corrected.
Since Payhip is located at London, they have The working timezone for the whole site set to BST. Since I’m found in the EST, I’ll occasionally check my analytics at 7PM or later and see that I left 0 sales for the day because Payhip thinks it is midnight and its data reveals that.
Again, this is a non-issue, however I Would like to observe that the ability to adjust the site. Payhip Preview
More Flexibility with Coupon Codes
I know I raved about the voucher It’s not perfect, although Code attribute earlier.
As it currently stands, the promotion You’re able to run through a voucher code is for a percentage off. Ideally, I’d like to have the ability to supply a dollar amount off the initial price, or the capability to set a sale price that is specified.
At the moment, if I want to place a $27 merchandise Available for $10, I have to break out the calculator and do the math to figure out what percent off would leave the price at $10. I think that is unnecessary and could be improved.
When creating A brand new product in Payhip, you have access to advanced alternatives which include —
- Make your merchandise personal.
- Insert an ISBN (Internation Standard Book Number) for your eBook.
- Publish sample pages or a couple of preview.
- To the number of copies of market or your product can be Insert a limitation amount sold.
- Create a license key .
Just how much does this cost?
Payhip will Cost you or host your products. The site takes only 5 percent commission per trade fee.
Can I Recommend Payhip?
This leaves us with the burning question: after 2years as a seller on Payhip, would you recommend it? Overall, yes. I am a satisfied client, but whether you ought to use it depends on your own situation.
If you’re a new blogger with a small audience And you can’t justify spending $10+ per month for something such as Gumroad, then yes, I would recommend Payhip. However, in case you have a massive audience or sell a merchandise and know that you’ll be doing at least $1,000 in sales each month, you might want to check into something.
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 per month.
If you’re going to be promoting $1,000 a month in total volume, the math should (typically ) favor Payhip. But if you’re selling well into the thousands, you’ll probably want to go with Gumroad or look into some other alternative. That is largely dependent on how many transactions it requires to achieve those sales numbers so be certain to crunch the numbers for yourself.
Personally, I absolutely love the Payhip Experience and am thankful for their services. I want to see them continue to grow and succeed. Payhip Preview