Introduction Paypal Digital Delivery
Of all the ways of monetizing Articles that is blog, my Strategy is Like learning materials and design templates, to make and sell electronic products. I have found that it is extraordinarily profitable than running advertisements and self-made products convert at a higher speed compared to an affiliate product that somebody else created. The service I use to facilitate this can be Payhip, and this post I will be discussing what I both like and dislike about the service based on my Payhip experience for a vendor for 2+ years. Paypal Digital Delivery
My Payhip Experience
If you have ever wanted to market products Through your own website, you are going to want a means to facilitate transactions — some kind of infrastructure that will allow a client to select your goods, pay for it, and also have it immediately delivered to them with whole hands-off automation. Payhip solves this problem.
Payhip is An e-commerce platform/website that gives customers with the easiest tools and options for promoting products to their customers 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 utilizing Payhip?
Each online Platform differs, and I have used a couple of them in the past.
Having A stage that is so easy to use and one that does not take a massive amount of my precious time is of utmost importance.
Payhip will Save a great deal of time also 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 can be a huge plus in my book.
- Affordable. The website takes zero fees asides From 5 percent per trade when you sell a item that is digital.
- Accessibility to analytics accounts.
- Access to advertising tools. You have the option to make Social and Coupons discounts.
- Capability to signup, manage and reward your affiliates.
- Access to merchandise sharing tools. Plus it is possible to embed Your product and purchase Now buttons directly on blog or your website.
- The Capacity to set mailing lists so that your clients can Subscribe and remain up to date with your digital products, and much more.
- Instant digital product shipping via email link to buyers.
What I Enjoy About Payhip
Let us get to the information. After my 2+ year Payhip expertise, here’s what I love about the service…
Upgrades Are Instantaneous
Payhip let us your customers pay with PayPal Or from credit/debit card with Stripe, and they do not pay out monthly/weekly/quarterly or make you wait around for them to clean some sort of holding period. When a client makes a purchase, the cash is immediately available on your account, and if you have the PayPal and also Stripe programs installed on your mobile device, you are going to get notifications each time a sale occurs. Paypal Digital Delivery
I happen to love this. The excitement of Seeing a sale never gets older. It’s also good to wake up in the morning, reach for your phone, and see 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 customers pays by card with Stripe, there’ll be a three day hold before the money is available. This is all Stripe however — Payhip doesn’t hold your money at all.
No Monthly Fees
One of the things that Payhip originally sold me is that there is no Monthly charges or installation charges — only a simple flat charge of 5 percent per purchase .
This was appealing to me back Because, at the time, my readership was less than 1/10th of what it is now, and I wasn’t positive that I was going to consistently sell enough product to justify paying a monthly fee to get a similar service such as Gumroad. As a relatively new blogger with a little crowd, Payhip was the no-risk solution that best fit my scenario.
Easy To Know Analytics
Payhip’s back end offers an page That enables you to see trades and earnings amounts relative to the day, month, week, year, or some other specified selection. Best of all, it is a to-the-point and simple report.
If you used Google Analytics or Facebook analytics, the number of data you’re instantly smacked in the face with can be somewhat overwhelming, and lots of it is largely useless too. Payhip just provides you exactly what you are there to view — sales data. Nothing more, nothing less.
Run Promotions with Coupon Codes
Another advantage users of Payhip experience is By producing coupon codes, promotions to conduct.
The codes may be Enjoy and for any (or all) products. They can run for whatever length you want (or even permanently,) and the code itself may even be customized to whatever series of text you would like.
I’ve found this to be useful. Occasionally I’ll run a weekend promotion, post it on Facebook boost the post targeting a pixel audience that is re-marketing and I never fail to go ROI positive by it. People do respond to limited time offers. Paypal Digital Delivery
Your Own Affiliate Program
Payhip Provides you the capability Readers sign up as an affiliate of your store, and you are able to grant them a commission of whatever percent you’d like, whenever someone buys a product with their custom affiliate link.
This is useful because it allows other Men and Women To market your products and if they have a platform and an audience of their own that they can tap to, the commissions paid will be worthwhile.
Easy Integration with Email Marketing
You’ll be, if you are into email advertising Able to integrate Payhip along with your email advertising supplier so that if a sale is made, the email address of the purchaser can be added to a selected list.
This is minor but I think it’s Pretty cool so I wish to give it a reference — if you desire, you’ll 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 plans to Purchase Your PDF Publication make it publicly available for free somewhere else, they will have to be okay with their email address being publicly accessible. I think that is a very creative means of deterring pirating.
Upload Many Kinds of Files
Payhip is not just a market for ebooks — You can upload virtually any sort of electronic file. Font documents, video/audio documents, photos, software, etc..
Overall Simplicity and Modern Design
One thing that can’t be overlooked whenever You are selling something is your site looks. People do not trust websites that look obsolete, myself included. If a site looks like it hasn’t been upgraded because the net 2.0 times, then I start to wonder if perhaps I’m in an abandoned construction and putting my payment info to it would pretty much be just like throwing my money into a black hole.
That’s not true with Payhip though. The Site has a layout that is simple and very modern. If you were to buy a merchandise on the world wide web, this is exactly what you’d anticipate a checkout page from a business to appear like. Paypal Digital Delivery
Another thing that I like about Payhip is its own Overall simplicity. In the moment a visitor lands on your product page, Payhip stays out of the way. They display your graphics, sales copy, and just the crucial info (like price.) They do nothing to interfere with your sale — no.
Eventually, what I like about Payhip is That customer payment information isn’t stored by them, meaning that your customers’ payment details are secure. The payment is managed through Stripe or PayPal, and I prefer it that way as they are large companies with lots of money to invest on security.
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 ceremony and would like to see improved…
No Mobile App
1 thing that bugs me around Payhip is that They do not possess a mobile app. It’d be convenient to be able to open an app and take a look while I’m out and around. You may log in to the site and do so, but the website is optimized for mobile devices.
I like Payhip, but that is a very Lousy look in 2018. There’s no reason you should not have a site optimized for mobile, and once you’ve got that, you should be able to easily turn the site itself into it’s own app so users do not need to manually sign in every time they want to check sales data. Users of Payhip encounter a platform when they’re on their mobile devices.
No Upsells or Add-Ons In Checkout
On the checkout page, I’d really like to see an ability that is added to suggest Other products. If they are purchasing a bundle of logo templates for $5, then I might provide a bundle of business card templates or propose some other similar product that could interest them that they didn’t know about. This is something which websites like VistaPrint and Amazon do well.
I can’t help but feel like there is a lot of money being left on the Table — for both myself and Payhip — with no operation. This could improve the Payhip encounter for both the customer and the vendor.
Establish On A Fixed Timezone
This one is mostly frivolous, but I’d still Prefer to see it corrected.
Considering that Payhip is located in London, they have The timezone for the whole site set to BST. Since I am found in the EST, I will sometimes check my analytics at 7PM or afterwards and see that I made 0 earnings for the day since Payhip believes it is midnight and its own information reflects that.
Again, this is largely a non-issue, however I Would love to observe the capability to correct the website. Paypal Digital Delivery
More Flexibility with Coupon Codes
I know I raved about the coupon Code feature but it’s not quite perfect.
As it currently stands, the only promotion You’re able to run through a voucher code is for a percent off. Ideally, I’d love to have the ability to supply a dollar amount off the price, or the capability to set a specified sale price.
Right Now, if I want to put a $27 merchandise Available for $10, manually do the math to figure out what percentage off would render the price at $10 and I have to break out the calculator. I believe this is unnecessary and could be improved.
When creating A new product in Payhip, you have access to innovative options including —
- Make your product private.
- Insert an ISBN (Internation Standard Book Number) to your eBook.
- Publish sample pages or a few preview.
- To how many copies of your product or market could be add a limit number sold.
- Generate a license key that is unique for all your product/eBook sales.
Just how much does this cost?
Payhip will Cost you to establish 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? Total, yes. I am a satisfied customer, but whether or not you ought to use it depends upon your situation.
If you are a new blogger with a small audience And you can’t justify spending $10+ per month to get something like Gumroad, then yes, I would recommend Payhip. If you have a huge audience or sell a merchandise and know you’ll do at least $1,000 in sales each month, you may want to look into something most cost-efficient.
As of the date of this writing, Payhip functions On a set fee of 5% of each sale. Gumroad’s fee is currently 3.5% + $0.30 per transaction + $10 a month.
If you’re going to be selling less than $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 want to decide on Gumroad or look into another alternative. This is mostly dependent on the number of transactions it takes to achieve those sales numbers though, so be certain to crunch the numbers for yourself.
Personally, I absolutely love the Payhip Experience and am grateful for their solutions. I want to see them continue to grow and succeed. Paypal Digital Delivery