Introduction Paypal Digital Items
Of All of the ways of monetizing blog Articles, my favorite Strategy is To create and sell digital products like learning design templates and materials. I’ve discovered that it is extraordinarily rewarding than running advertisements 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 in this post I will be sharing what I like and dislike about the service based on my Payhip experience as a seller for 2+ years. Paypal Digital Items
My Payhip Experience
If you’ve ever wanted to market digital products Through your own site, you’ll want a means to facilitate transactions — some kind of infrastructure that will allow a client to select your product, pay for it, and also have it immediately delivered to them with whole hands-off automation. Payhip solves this problem.
What is Payhip?
Payhip is An that gives customers with the tools and solutions for promoting electronic products directly to their clients and hosting online.
The Provider Was co-founded by Abs Farah and Kahin Farah and is currently based in my capital city of London.
What are the advantages of using Payhip?
Each online Platform differs, and I’ve used a couple of these in the past.
For me, having A platform that is so simple to use and one that does not require a massive amount of my precious time is of utmost importance.
Payhip will Save you a lot of time also because everything is cared for on the Payhip platform.
The Benefits that I’ve gained the most from utilizing Payhip include –
- EU VAT is cared for, which can be a huge plus in my book.
- Affordable. The website takes zero charges asides From 5 percent per transaction when you sell a digital item.
- Accessibility to analytics reports.
- Access to advertising tools. You have the option to make Social and coupons discounts.
- Ability to signup, handle and reward your affiliates.
- Access to product sharing tools. Plus it is possible to embed Purchase and your product Now buttons directly on blog or your site.
- The Capacity to set mailing lists so that your customers can Subscribe and remain up to date with your electronic goods, and much more.
- Immediate digital product delivery via email link for customers.
What I Enjoy About Payhip
Let us get to the details. After my two year Payhip experience, Here Is What I really like about the service…
Upgrades Are Instantaneous
Payhip let us your customers pay with PayPal Or from credit/debit card using Stripe, and they do not pay out monthly/weekly/quarterly or make you wait around for them to clean some kind of holding period. When a client makes a purchase, the cash is instantly available in your accounts, and in case you’ve got the PayPal and also Stripe programs installed on your mobile device, you’ll get notifications whenever a sale happens. Paypal Digital Items
I happen to love this. The excitement of Seeing a new sale never gets old. It’s also great to awake in the morning, reach to your phone, and also see 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 customers pays by card using Stripe, there will be a three day hold until the money is available. This is Stripe however — Payhip doesn’t hold your cash at all.
No Monthly Fees
One of the things that Payhip initially sold me on is that there is no Monthly charges or setup charges — just a simple flat charge of 5 percent per sale.
This was appealing to me Since, at the moment, my readership was 1/10th of what it is now, and I wasn’t positive that I was likely to always sell enough product to justify paying a monthly fee to get a similar service like Gumroad. As a relatively new blogger with 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 selection. On top of that, it is a really simple and to-the-point report.
If you’ve ever used Google Analytics or Facebook analytics, the amount of information you are instantly smacked in the face can be a bit overwhelming, and lots of it’s mostly useless too. Payhip just gives you what you are there to see — sales data. Nothing more, nothing less.
Run Promotions with Coupon Codes
Another advantage users of Payhip encounter is By producing coupon codes, promotions to conduct.
The codes can be Like and for any (or all) products. They could run for whatever length you’d like (or even indefinitely,) along with the code itself may even be customized to whatever series of text you desire.
I’ve found this to be somewhat useful. Sometimes I’ll run a weekend marketing, post it on Facebook raise the post targeting a pixel re-marketing audience and I never fail to go ROI positive with it. People really do respond well to limited time offers. Paypal Digital Items
Your Own Affiliate Program
Payhip Provides you the capability to let your Readers register as an affiliate of your store, and whenever someone purchases a product with their customized affiliate link, you are able to award them a commission of whatever percentage you would like.
This is useful because it allows people To sell your products the commissions paid will be worth it and should they have an audience of their own and a stage they can tap to.
Easy Integration with Email Marketing
You’ll be if you’re into email marketing Able to readily integrate Payhip with your chosen email marketing supplier so that whenever a purchase is made, the purchaser’s email address could be added into a selected listing.
That is relatively minor but I think it’s Pretty cool so I want to give it a mention — if you desire, you’ll have Payhip postage the buyer’s email address to the upper left corner of each page of a PDF document they’ve purchased.
So if someone intends to Purchase Your PDF Book make it accessible for free they’ll need to be okay with their email address being publicly available. I think that’s a very creative way of deterring pirating.
Upload Many Sorts of Files
Payhip is not just a market for ebooks — You can upload virtually any kind of digital file. Font documents, video/audio files, photos, software, etc..
Total Simplicity and Modern Design
One thing that can not be overlooked whenever You’re selling something is the way present your site appears. Individuals do not trust myself included. If a site looks like it has not been upgraded because the net 2.0 times, then I start to wonder if maybe I am in an abandoned construction and putting my payment information into it would pretty much be like throwing my money into a black hole.
That’s not true with Payhip though. The Site has a very modern and simple design. In the event that you were to purchase a product this is what you’d anticipate a checkout page by a trusted business. Paypal Digital Items
Another thing I like about Payhip is its In general simplicity. From the moment a visitor lands on your product page, Payhip stays out of the way. They display your graphics, sales copy, and only the crucial info (such as price.) They do nothing to interfere with your purchase — no self-promotion whatsoever.
Eventually, what I like about Payhip is That they don’t store customer payment information, meaning your clients’ payment details are secure. The payment is handled through PayPal or Stripe, and I prefer it this way because they’re big, successful companies with lots of cash.
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 have a mobile program. It’d be convenient to have the ability to open an app while I’m out and about, and take a look. The website is optimized for mobile devices, although you do so and may log into the site.
I enjoy Payhip, but this is a really Lousy appearance in 2018. There is no reason you should not have a site optimized for cellular, and once you have that, you should be able to easily turn the site itself into it’s own program so users do not have to manually sign in each time they want to inspect sales information. Permit users of Payhip encounter a better platform when they’re on their devices.
No Upsells or Add-Ons In Checkout
On the checkout page, I would really 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 package of logo templates for $5, then I suggest some other similar product that may interest them that they didn’t know about, or could offer a bundle of business card templates to get a few bucks. This is something which websites like VistaPrint and Amazon do well.
I can’t help but feel as though there’s a Great Deal of money being left on the Table — for myself and Payhip — with no functionality. This could enhance the Payhip experience for both the customer and the vendor.
Set On A Fixed Timezone
This one is frivolous, but I had still Like to see it corrected.
Considering that Payhip is located in London, they have BST was place to by the working timezone for the whole website. Since I am found in the EST, I will sometimes check my stats at 7PM or later and see that I made 0 earnings for the day because Payhip thinks it is midnight and its own information reveals that.
Again, this is largely a non-issue, but I Would love to see the ability to correct the website to your own timezone. Paypal Digital Items
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 via a coupon code is to get a percent off. Ideally, I’d love to be able to offer a dollar amount from the cost, or the ability to set a sale price that is specified.
Right Now, if I Need to place a merchandise Available for $10, do the math to figure out what percent off would render the price at $10 and I must break out the calculator. I think this is unnecessary and may be made better.
When creating A brand new product in Payhip, you have access to advanced alternatives which include —
- Make your product personal.
- Insert an ISBN (Internation Standard Book Number) for your eBook.
- Publish a preview or sample pages.
- To how many copies of your product or eBook could be, add a limitation number sold.
- Create a license key .
How much does it cost?
Payhip will Cost you to set up or host your digital products. The site takes just 5% commission per trade fee.
Can I Recommend Payhip?
This leaves us with the burning question: after two years as a vendor on Payhip, do you recommend it? Overall, yes. I am a satisfied client, but whether or not you should 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 for something like Gumroad, then yes, I would recommend Payhip. But if you know that you’ll be doing at least $ 1,000 in sales each month and sell a product that is high-ticket or have a huge audience, you might want to check into something.
As of this date of this writing, Payhip functions On a set fee of 5% of each sale. Gumroad’s fee is now 3.5% + $0.30 per transaction + $10 a month.
If you are going to be selling less than $1,000 per month in total volume, the mathematics should (in most cases) favor Payhip. But if you’re selling well into the thousands, you’ll probably need to decide on Gumroad or start looking into some other choice. This is mostly dependent on how many transactions it requires to reach those sales numbers so make certain that you crunch the numbers.
Personally, I love the Payhip Experience and am thankful for their services. I want to see them continue to grow and succeed. Paypal Digital Items