Intro Payhip Storefront
Of All of the ways of monetizing blog content, my favorite Strategy is Like learning layout templates and materials, to make and sell electronic products. I have discovered that it’s extraordinarily rewarding than running ads and products convert at a higher rate compared to an affiliate product that someone else created. The support I use to ease this is Payhip, and this post I’ll be sharing what I both like and dislike about the service based on my Payhip experience as a seller for 2+ years. Payhip Storefront
My Payhip Expertise
If you have ever wanted to sell digital products Through your own site, you are going to want a way to facilitate trades — some sort of infrastructure that will allow a client to select your product, 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 that gives users with the tools and options for hosting and selling products 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.
What are the advantages of utilizing Payhip?
Each online Platform is different, and I have used a couple of them in the past.
For me, having A platform that is really easy to use and one that doesn’t require a massive amount of my valuable time is of paramount significance.
Payhip will Save a great deal of time also because everything is taken care of on the Payhip platform.
The Advantages that I’ve gained the most from utilizing Payhip include –
- EU VAT is cared for, which is a big plus in my book.
- Affordable. The site takes zero fees asides From 5 percent per trade when you sell a product that is digital.
- Access to analytics reports.
- Access to advertising tools. You have the option to make Coupons and social discounts.
- Capability to signup, handle and reward your affiliates.
- Access to product sharing tools. Plus you can embed Your product and Buy Now buttons on your own site or blog.
- The ability to setup mailing lists so that your customers can Subscribe and stay up to date with your goods, and much more.
- Instant digital product shipping via email link to customers.
What I Like About Payhip
Let us get to the details. Following my two year Payhip experience, Here Is What I love about the service…
Upgrades Are Instantaneous
Payhip let’s your customers pay with PayPal Or by credit/debit card with Stripe, plus they don’t pay out monthly/weekly/quarterly or force you to wait for them to clear some sort of holding period. When a customer makes a purchase, the cash is instantly available on your accounts, and if you have the PayPal and also Stripe apps installed on your mobile device, you’ll get notifications whenever a sale occurs. Payhip Storefront
I happen to love this. The excitement of Seeing a sale that is brand new never gets older. It’s also good to wake up in the morning, reach for your telephone, and see that you made X number of dollars while you’re sleeping, and it’s all readily available for you to spend. The caveat to this can be Stripe. If your clients pays by card using Stripe, there’ll be a three day hold until the cash is available. That is Stripe however — Payhip does not hold your money in any way.
No Monthly Charges
Among the things that Payhip originally sold me is that there’s no Monthly fees or setup charges — just a simple flat fee of 5 percent per purchase .
This was appealing to me in 2016 Since, at the moment, 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 such as Gumroad. As a relatively new blogger having a little audience, Payhip was the quickest solution that best match my situation.
Easy To Understand Analytics
Payhip’s back end Provides an analytics page That lets you see trades and earnings amounts relative to the day, week, month, year, or some other specified selection. Best of all, it is a report that is to-the-point and very straightforward.
If you’ve ever used Google Analytics or Facebook analytics, the amount of information you are immediately smacked in the face with can be somewhat overwhelming, and a lot of it’s mostly useless too. Payhip just provides you exactly what you’re there to view — sales data. Nothing more, nothing less.
Run Promotions with Coupon Codes
Another advantage 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 length you want (or even permanently,) along with the code itself can even be customized to whatever string of text you would like.
I have found this to be very useful. Sometimes I will conduct a weekend marketing, post it on Facebook, then boost the post targeting a pixel audience and I never fail to go ROI positive by it. People do respond to limited time offers. Payhip Storefront
Your Own Affiliate Program
Payhip Provides you the ability Readers sign up as an affiliate of your shop, and you can award whenever someone buys a product using their customized affiliate link.
This is useful since it allows other people To market your merchandise the commissions paid will be well worth it and if they have an audience of their own and a platform that they can tap into.
Easy Integration with Email Marketing
You’ll be, if you’re into marketing Able to readily integrate Payhip with your chosen email advertising supplier so that if a sale is made, the buyer’s email address could be added into a listing.
That is small but I think it’s Pretty cool so I wish to give it a mention — if you desire, you’ll have Payhip stamp the purchaser’s email address into the upper left corner of every page of a PDF document they have purchased.
So if someone plans to Purchase Your PDF Publication make it publicly accessible for free somewhere else, they’ll have to be fine with their personal email address being publicly accessible. I think that’s a means of deterring pirating.
Upload Many Kinds of Files
Payhip is a market for ebooks — You can upload virtually any kind of file. Font files, video/audio files, photos, software, etc..
Total Simplicity and Modern Design
One thing that can’t be overlooked whenever You are selling something is the way present your website looks. Individuals don’t trust sites which look obsolete, myself included. If a website looks like it hasn’t been updated because the net 2.0 times, then I begin to wonder if perhaps I am 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 layout. This is exactly what you would anticipate a checkout page from a business to appear like, if you were to purchase a digital merchandise on the internet. Payhip Storefront
Another thing I enjoy about Payhip is its own In general simplicity. In the a visitor lands on your product page, Payhip stays out of the way. They display your graphics, sales copy, and just the crucial info (such as price.) They do absolutely nothing to interfere with your sale — no self-promotion whatsoever.
Finally, what I really like about Payhip is That they don’t store customer payment info, meaning your clients’ payment details are safe. The payment is handled through PayPal or Stripe, and I prefer it this way as they’re successful companies with lots of money to spend on top-shelf security.
What I Dislike About Payhip
As much as I like 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
1 thing that bugs me about Payhip is that They do not have a program. It would be convenient to have the ability to open an app while I’m out and around and take a look. You may log into the website and do so, but the site is optimized for mobile devices.
I like Payhip, but this is a really Lousy appearance in 2018. There’s no reason you should not have a website optimized for mobile, and when you have that, you should be able to easily turn the website itself right into it’s own app so users do not have to manually sign in each time they want to inspect sales data. Users of Payhip experience a much better platform when they’re on their devices.
No Upsells or Add-Ons At Checkout
On the checkout page, I would like to see an Extra ability to indicate Other products. If they’re purchasing a bundle of templates for $5, then I suggest, or might offer a bundle of business card templates to get a couple of added bucks. This is something which sites like VistaPrint and Amazon do well.
I can’t help but feel as though there is a lot of money being left on the Table — for both myself and Payhip — with no operation. This could enhance the Payhip experience for both the seller and the customer.
Establish On A Fixed Timezone
This one is largely frivolous, but I Prefer to see it fixed.
Since Payhip is located at London, they’ve BST was place to by The functioning timezone for the whole site. Since I am found in the EST, I’ll sometimes check my analytics at 7PM or afterwards and see that I made 0 earnings for the day because Payhip believes it is midnight and its information reflects that.
This is a non-issue, however I Would like to observe the capability to correct the site to your timezone. Payhip Storefront
More Flexibility with Coupon Codes
I know I raved about the voucher It’s not quite perfect just yet, although Code attribute earlier.
As it stands, the promotion You can run via a coupon code is for a percentage off. Ideally, I’d love to have the ability to offer a dollar amount to set a sale price.
At the moment, if I Need to place a merchandise that is $27 On sale for $10, do the math to figure out what percent off will render the final cost at $10 and I must break out the calculator. I think that is unnecessary and could be made better.
When creating A new product in Payhip, you have access to advanced alternatives which include —
- Make your merchandise private.
- Insert an ISBN (Internation Standard Book Number) for your eBook.
- Upload sample pages or a couple of preview.
- To how many copies of eBook or your product can be Insert a limit number sold.
- Generate a exceptional license key for each of your product/eBook revenue.
How much does it cost?
Payhip will Cost you nothing or host your digital products. The website 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 satisfied client, but whether or not you should use it depends upon your own situation.
If you are a new blogger with a small audience And you can’t justify spending $10+ a month for something such as Gumroad, then yes, I would absolutely recommend Payhip. But in case you have a massive audience or sell a high-ticket merchandise and know you’ll do at least $1,000 in sales each month, you may want to look into something most cost effective.
As of this date of this writing, Payhip works On a set fee of 5 percent of each sale. Gumroad’s fee is currently 3.5% + $0.30 per transaction + $10 a month.
If you are going to be promoting $1,000 a month in total quantity, the mathematics should (typically ) prefer Payhip. But if you are selling into the thousands, you are probably going to need to go with Gumroad or start looking into some other alternative. This is all dependent on how many transactions it requires to reach those sales numbers so be sure that you crunch the numbers.
Personally, I love the Payhip Experience and am very grateful for their solutions. I would like to see them continue to grow and succeed. Payhip Storefront