Background Payhip Review
Of all the ways of Creating content, my Strategy is To create and sell products. I have discovered that it’s extraordinarily more rewarding than running advertisements and products convert at a significantly greater speed than an affiliate product that somebody else created. The service I use to facilitate this can be Payhip, and in this article I’ll be sharing what I both like and dislike about the ceremony based on my Payhip expertise for a vendor for two + years. Payhip Review
My Payhip Expertise
If you’ve ever wanted to market products Through your own website, you are going to want a way to facilitate transactions — some kind of infrastructure which will enable a client to select your product, cover it, and also have it instantaneously delivered to them with whole hands-off automation. Payhip solves this problem.
What is Payhip?
Payhip is An that provides users with solutions and the simplest tools for selling digital products directly to their clients and hosting 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 advantages of utilizing Payhip?
Each online Platform is different, and I have used a few of these previously.
Having A platform that is really easy to use and one that does not require a massive amount of my precious time is of paramount importance.
Payhip will Save a lot of time because everything is taken care of on the Payhip platform.
The Advantages that I’ve gained the most from using Payhip include –
- EU VAT is taken care of, and it is a huge plus in my book.
- Affordable. The site takes zero charges asides From 5 percent per transaction when you sell a product that is digital.
- Accessibility to analytics reports.
- Access to advertising tools. You have the option to create Social and coupons discounts.
- Capability to signup, handle and reward your own affiliates.
- Access to product sharing programs . Plus you can embed Your product and Buy Now buttons directly on your site or blog.
- The ability to set mailing lists so that your customers can Subscribe and stay up to date with your goods, and more.
- Instant digital merchandise delivery via email link for buyers.
What I Enjoy About Payhip
Let us get to the information. After my two + year Payhip experience, Here Is What I love about the ceremony…
Payments Are Instantaneous
Payhip let’s your customers pay with PayPal Or by credit/debit card with Stripe, and they don’t 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 money is instantly available in your accounts, and if you’ve got the PayPal and Stripe apps installed on your mobile device, you are going to get notifications whenever a sale occurs. Payhip Review
I happen to love this. The excitement of Seeing a sale never gets old. In addition, it is good to wake up in the morning, reach for your telephone, and see that you made X amount of dollars while you’re sleeping, and it’s all readily available for you to spend. The caveat to this is Stripe. If your clients card with Stripe, there’ll be a three day hold until the money is available. This is Stripe though — Payhip does not hold your money in any way.
No Monthly Charges
One of those things that Payhip initially sold me is that there’s no Monthly fees or installation charges — only a simple flat charge of 5 percent per sale.
This was attractive to me Because, at the time, my readership was 1/10th of what it is now, and I wasn’t positive that I was going to always sell enough product to justify paying a monthly fee for a similar service like Gumroad. As a relatively new blogger with a little crowd, Payhip was the no-risk solution that best match my situation.
Easy To Understand Analytics
Payhip’s back end offers an page That enables you to see trades and earnings quantities relative to this day, week, month, year, or any other specified range. Best of all, it’s a report that is to-the-point and really simple.
If you used Google Analytics or Facebook analytics, the amount of information you are instantly smacked in the face with can be a bit overwhelming, and a lot of it is largely useless also. Payhip just provides 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 The capacity to conduct promotions by producing coupon codes.
The codes can be for any percentage you would Enjoy and for any (or all) products. They could run for whatever length you want (or even permanently,) and the code itself can even be customized to whatever series of text you would like.
I’ve found this to be very helpful. Occasionally I’ll conduct a weekend promotion, post it on Facebook, then boost the post targeting a pixel audience and I never fail to go ROI positive with it. People do respond well to limited time offers. Payhip Review
Your Own Affiliate Program
Payhip Provides you the ability to let your Readers register as an affiliate of your store, and you are able to grant someone purchases a product using their custom affiliate link.
This is useful because it allows other Men and Women To market your merchandise for you, the commissions paid will be well worthwhile and should they have a stage and an audience of their own they can tap to.
Easy Integration with Email Marketing
You will be, if you are into email advertising Able to readily integrate Payhip with your chosen email advertising provider so that if a purchase is made, the purchaser’s email address could be added to a list that is chosen.
That is small but I think it’s Pretty cool so I want to give it a reference — if you so desire, you can have Payhip stamp the purchaser’s email address into the top left corner of every page of a PDF document they’ve purchased.
So if someone intends to Purchase Your PDF Publication make it available for free somewhere else, they’ll have to be okay with their personal email address being accessible. I believe that is a means of deterring pirating.
Upload Many Sorts of Files
Payhip is not Only a market 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 not be overlooked whenever You’re selling something is how present your site looks. People do not trust myself included. If a website looks like it has not been updated since the net 2.0 days, I begin to wonder if maybe 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 is not true with Payhip though. The Website has a design that is simple and very modern. This is exactly what you’d anticipate a checkout page by a trusted company to appear like, In the event that you were to purchase a digital merchandise on the world wide web. Payhip Review
Another thing that I like about Payhip is its own 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 only the critical information (such as price.) They do nothing to interfere with your sale — no self-promotion whatsoever.
Eventually, what I actually enjoy about Payhip is That they do not store customer payment info, meaning that your customers’ payment details are secure. The payment is handled through PayPal or Stripe, and I prefer it this way as they are large 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 service and would like to see enhanced…
No Mobile App
One thing that bugs me about Payhip is that They do not possess a mobile app. It’d be convenient to be able to start an app while I am out and about and have a look. You do this and can log in to the website, but the website isn’t even optimized for mobile devices.
I like Payhip, but that is a very Lousy look in 2018. There is no reason you should not have a website optimized for mobile, and once you’ve got that, you ought to be able to easily turn the site itself into it’s own program so users do not need to manually register in every time they want to inspect sales information. Users of Payhip experience a platform when they’re on their devices.
No Upsells or Add-Ons At Checkout
On the checkout page, I would like to see an capability to suggest Other products similar to what the client is about to purchase. If they are purchasing a package of templates for $5, I suggest, or could provide a package of business card templates for a few extra dollars. This is something which websites like Amazon and VistaPrint do very well.
I can’t help but feel as though there is a Great Deal 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.
Establish On A Fixed Timezone
This one is frivolous, but I had still Prefer to see it fixed.
Since Payhip is located at London, they’ve The timezone for the whole site set to BST. Since I am found in the EST, I will occasionally check my analytics at 7PM or later and see that I made 0 earnings for the day since Payhip thinks it is midnight and its own information reveals that.
Again, this is mostly a non-issue, but I Would like to see that the ability to correct the site to your timezone. Payhip Review
More Flexibility with Coupon Codes
I know I raved about the coupon Code feature but it’s not perfect.
As it stands, the only promotion You’re able to run via a voucher code is for a percent off. I’d like to be able to supply a dollar amount from the original price, or the ability to set a sale price.
Right Now, if I Need to place a $27 product Available for $10, do the math to determine what percentage off would render the cost at $10 and I have to break out the calculator. I believe that is unnecessary and could be improved.
When creating A brand 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 a preview or sample pages.
- Add a limit amount sold.
- Create a license key that is exceptional .
Just how much does this cost?
Payhip will Cost you to set up or host your digital products. The website takes only 5 percent commission per transaction fee.
Would I Recommend Payhip?
This leaves us with the burning question: after 2years as a vendor on Payhip, do you recommend it? Total, yes. I am a happy client, but whether or not you should use it depends upon your own situation.
If you’re a blogger with a small audience And you can not justify spending $10+ per month to get 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 or have a huge audience, you may want to check into something.
As of the date of the writing, Payhip works On a flat fee of 5 percent of each sale. Gumroad’s fee is currently 3.5% + $0.30 per transaction + $10 per month.
If you’re going to be promoting $1,000 per month in total quantity, the mathematics should (typically ) favor Payhip. But if you’re selling into the thousands, you need to go with Gumroad or look into some other choice. This is all dependent on how many transactions it takes to achieve those sales numbers, however, so make certain that you crunch the numbers.
Personally, I love the Payhip Experience and am really grateful for their services. I would like to see them continue to grow and succeed. Payhip Review