Background Paypal Digital Download Button
Of all the ways of monetizing blog Articles, my method is Such as studying layout templates and materials, to make and sell digital products. I have discovered that it is extraordinarily more rewarding than running ads and products convert at a much higher rate compared to an affiliate product that somebody else created. The support I use to facilitate this is Payhip, and this post I will be sharing what I like and dislike about the ceremony based in my Payhip expertise as a vendor for two + years. Paypal Digital Download Button
My Payhip Experience
If you wanted to sell digital products Through your own site, you are going to need a means to facilitate trades — some sort of infrastructure that will allow a client to select your product, pay for it, and have it immediately delivered to them with complete hands-off automation. Payhip solves this problem.
What is Payhip?
Payhip is An that gives users with options and the tools for hosting and selling products to their clients online.
The company Was co-founded by Abs Farah and Kahin Farah and is now based in my capital city of London.
What are the benefits of utilizing Payhip?
Each online Platform differs, and I’ve used a few of these previously.
For me personally, having A platform that is really easy to use and one that doesn’t take a huge amount of my valuable time is of utmost importance.
Payhip will Save you a lot of time also 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 cared for, which can be a huge plus in my book.
- Affordable. The site takes zero fees asides From 5% per transaction when you sell a product.
- Accessibility to analytics reports.
- Access to advertising tools. You have the option to make Coupons and social discounts.
- Ability to signup, handle and reward your affiliates.
- Access to merchandise sharing tools. Plus it is possible to embed Purchase and your merchandise Now buttons right on your site or blog.
- The Capacity to setup mailing lists so that your clients can Subscribe and stay current with your electronic goods, and more.
- Instant digital merchandise shipping via email link to buyers.
What I Like About Payhip
Let’s get to the details. After my 2 year Payhip expertise, Here Is What I really like about the service…
Upgrades Are Instantaneous
Payhip let’s your customers pay with PayPal Or by credit/debit card using Stripe, and they don’t pay out monthly/weekly/quarterly or make you wait around for them to clear some kind of holding period. When a customer makes a purchase, the money is instantly available on your account, and in case you’ve got the PayPal and Stripe programs installed on your mobile device, you are going to receive notifications each time a sale occurs. Paypal Digital Download Button
I happen to love this. The excitement of Seeing a sale that is new never gets old. In addition, it is good to wake up in the morning, reach for your phone, and see you made X number of dollars while you were sleeping, and it’s all readily available for you to spend. The caveat to this can be Stripe. If your customers card with Stripe, there’ll be a 3 day hold before the cash is available. This is all Stripe though — Payhip doesn’t hold your money at all.
No Monthly Charges
Among the things that Payhip initially sold me is that there is no Monthly fees or installation charges — only a simple flat charge of 5% per sale.
This was appealing to me in 2016 Because, at the time, my readership was 1/10th of what it’s now, and that I wasn’t positive that I was going to consistently sell enough product to justify paying a monthly fee for 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 situation.
Easy To Understand Analytics
Payhip’s back end Provides an analytics page That lets you see trades and earnings amounts relative to this day, week, month, year, or any other given selection. Best of all, it is a report.
If you used Google Analytics or Facebook analytics, the number of data you are instantly smacked in the face can be somewhat overwhelming, and lots of it’s largely useless too. Payhip just gives you exactly what you are there to see — sales information. Nothing more, nothing less.
Run Promotions with Coupon Codes
Another benefit users of Payhip encounter is By creating coupon codes, promotions to run.
The codes may be Like and for any (or all) products. They can run for whatever length you’d like (or even indefinitely,) and the code itself may even be customized to whatever series of text you desire.
I have found this to be helpful. Sometimes I’ll conduct a weekend marketing, place it on Facebook, then boost the article targeting a pixel audience that is re-marketing and I never fail to go ROI positive with it. People do respond well to limited time offers. Paypal Digital Download Button
Your Own Affiliate Program
Payhip Provides you the capability Readers register as an affiliate of your store, and whenever someone purchases a product with their custom affiliate link, you are able to award.
This is useful since it allows other Men and Women To market your products for you, and should they have a stage and an audience of their own they can tap into, the commissions paid will be worth it.
Easy Integration with Email Marketing
If you are into email advertising, you’ll be Able to incorporate Payhip along with your email advertising provider so that a sale is made, the email address of the purchaser can be added into a selected list.
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 postage the buyer’s email address to the upper left corner of each page of a PDF document they have bought.
So if someone intends to buy your PDF Book make it publicly available for free they will need to be okay with their email address being accessible also. I believe that’s a really creative way of deterring pirating.
Upload Many Sorts of Files
Payhip is a marketplace for ebooks — You can upload just about any sort of digital file. Font files, video/audio documents, photographs, software, etc..
Overall Simplicity and Modern Design
1 thing that can not be overlooked whenever You’re selling something is the way current your site appears. Individuals do not trust sites that appear obsolete, myself included. If a website looks like it hasn’t been upgraded because the net 2.0 days, I start to wonder if perhaps I am in an abandoned building and placing my payment info into it would pretty much be just like throwing my money into a black hole.
That’s not the case with Payhip though. The Site has a simple and very modern design. This is what you’d anticipate a checkout page from a business to look like In the event that you were to buy a digital merchandise on the world wide web. Paypal Digital Download Button
Another thing I enjoy about Payhip is its own Overall simplicity. From the second a visitor lands on your product page, Payhip stays out of the way. They display your images, sales copy, and only the critical information (such as price.) They do absolutely nothing to interfere with your purchase — no.
Finally, what I enjoy about Payhip is That customer payment info isn’t stored by them, meaning that your customers’ payment details are safe. The payment is managed through Stripe or PayPal, and I prefer it that way as they’re large, successful companies with lots of money.
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 improved…
No Mobile App
1 thing that bugs me about Payhip is that They don’t have a mobile program. It would be convenient to have the ability to open an app and have a look while I’m out and around. The site is optimized for mobile devices, although you can log into the website and do so.
I like Payhip, but that is a really Lousy appearance in 2018. There is no reason you should not have a website optimized for mobile, and once you have that, you ought to be able to easily turn the website itself right into it’s own app so users do not have to manually sign in every time they want to check sales information. Let users of Payhip encounter a better platform when they are on their mobile devices.
No Upsells or Add-Ons At Checkout
On the checkout page, I’d like to see an added capability to suggest Other products similar to what the client is going to purchase. If they’re buying a package of logo templates for $5, then I propose, or might provide a bundle of business card templates for a couple of dollars. This is something that sites like VistaPrint and Amazon do.
I can not help but feel as though there is a lot of money Table — for myself and Payhip — with no operation. This could improve the Payhip experience for both the customer and the vendor.
Set On A Fixed Timezone
This one is frivolous, but I had still Prefer to see it fixed.
Since Payhip is located in London, they’ve The timezone for the entire site set to BST. Since I am located in the EST, I will occasionally check my analytics at 7PM or later and see that I made 0 earnings for the day because Payhip thinks it’s midnight and its own information reflects that.
Again, this is mostly a non-issue, however I Would like to see the capability to adjust the website. Paypal Digital Download Button
More Flexibility with Coupon Codes
I know I raved about the coupon It is not quite perfect, although code feature earlier.
As it currently stands, the promotion You’re able to run through a coupon code is to get a percent off. I’d like to be able to supply a dollar amount off the price, or the capability to set a sale price that is specified.
Right Now, if I Need to place a product that is $27 On sale for $10, I have to break out the calculator and do the math to figure out what percentage off will render the final price. I think this is unnecessary and may be improved.
When creating A new product in Payhip, you also have access to innovative alternatives including —
- Make your product personal.
- Insert an ISBN (Internation Standard Book Number) to your eBook.
- Upload sample pages or a few preview.
- Add a limit number sold.
- Create a unique license key for each of your product/eBook sales.
How much does it cost?
Payhip will Cost you nothing to establish or host your products. The website takes just 5 percent commission per transaction fee.
Would I Recommend Payhip?
This leaves us with the burning question: after 2+ years as a seller on Payhip, would you recommend it? Overall, yes. I am a client, but whether or not you ought to use it depends upon your situation.
If you’re a new blogger with a small audience And you can not justify spending $10+ per month to get something such as Gumroad, then yes, I would recommend Payhip. If you know that you’ll be doing at least $ 1,000 in sales each month and sell a merchandise that is high-ticket or have a huge audience, you may want to look into something.
As of this date of the writing, Payhip works On a flat fee of 5 percent of each sale. Gumroad’s fee is now 3.5% + $0.30 per transaction + $10 a month.
If you’re going to be promoting less than $1,000 per month in total quantity, the mathematics should (in most cases) prefer Payhip. But if you’re selling well into the thousands, you are probably going to need to go with Gumroad or start looking into some alternative. That is mostly dependent on the number of transactions it takes to achieve those sales numbers so be sure that you crunch the numbers on your own.
Personally, I absolutely love the Payhip Experience and am very thankful for their services. I would like to see them continue to grow and succeed. Paypal Digital Download Button