Intro Paypal Downloadable Products
Of All of the ways of Creating Articles, my Strategy is Like learning materials and design templates to make and sell digital products. I’ve found that it’s extraordinarily profitable than running ads and products convert at a significantly greater rate than an affiliate product that someone else created. The support I use to facilitate this is Payhip, and this post I’ll be discussing what I like and dislike about the service based on my Payhip expertise for a vendor for 2+ years. Paypal Downloadable Products
My Payhip Experience
If you have ever wanted to market digital products Through your own website, you’ll need a way to facilitate transactions — some kind of infrastructure which will enable a customer to select your product, pay for it, and also 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 the simplest tools and options for hosting and selling electronic products directly to their customers online.
The Provider Was co-founded by Abs Farah and Kahin Farah and is now based in my capital city of London.
Which are the advantages of using Payhip?
Each online Platform differs, and I’ve used a couple of these previously.
Having A platform that is really simple to use and one that doesn’t take a massive amount of my valuable time is of paramount importance.
Payhip will Save you a great deal of time too because everything is taken care of on the Payhip platform.
The Benefits that I’ve gained the most from using Payhip comprise –
- EU VAT is cared for, and it is a big plus in my book.
- Affordable. The website takes zero fees asides From 5% per transaction when you sell a digital product.
- Access to analytics accounts.
- Access to marketing tools. You have the option to make Societal and Coupons discounts.
- Ability to signup, manage and reward your affiliates.
- Access to product sharing programs . Plus you can embed Buy and your merchandise Now buttons on your own website or blog.
- The Capacity to setup mailing lists so that your clients can Subscribe and remain current with your goods, and more.
- Immediate digital product shipping via email link to customers.
What I Enjoy About Payhip
Let us get to the details. After my two + year Payhip expertise, Here Is What I love about the service…
Payments Are Instantaneous
Payhip let’s your customers pay with PayPal Or from credit/debit card using Stripe, plus they don’t 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 apps installed on your mobile device, you are going to get notifications each time a sale occurs. Paypal Downloadable Products
I happen to appreciate this. The excitement of Seeing a sale never gets old. It’s also great to wake up in the morning, reach to your telephone, and also see you made X amount of dollars while you’re sleeping, and it’s all easily available for you to spend. The only caveat to this is Stripe. If your clients card with Stripe, there will be a three day hold until the money is available. That is all Stripe however — Payhip doesn’t hold your cash at all.
No Monthly Charges
Among those things that Payhip originally sold me on is that there is no Monthly fees or installation charges — only a simple flat charge of 5% per sale.
This was appealing to me back in 2016 Since, at the moment, my readership was 1/10th of what it is now, and that I was not positive that 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 with a small crowd, Payhip was the quickest solution that best fit my scenario.
Easy To Understand Analytics
Payhip’s back end Provides an page That enables you to see trades and earnings quantities relative to the day, week, month, year, or some other given selection. On top of that, it’s a report.
If you’ve used Google Analytics or Facebook analytics, the amount of information you’re instantly smacked in the face can be somewhat overwhelming, and lots of it is mostly useless too. Payhip just provides you what you’re there to view — revenue data. Nothing more, nothing less.
Run Promotions with Coupon Codes
Another benefit users of Payhip encounter is The capacity to conduct promotions by creating coupon codes.
The codes may be for almost any percentage you’d Like and for any (or all) products. They could run for any length you’d like (or even permanently,) and the code itself can even be customized to whatever series of text you would like.
I have found this to be helpful. Occasionally I’ll conduct a weekend promotion, post it on Facebook, then boost the article targeting a pixel audience and I don’t fail to go ROI positive by it. People really do respond to limited time offers. Paypal Downloadable Products
Your Own Affiliate Program
Payhip Provides you the capability Readers sign up as an affiliate of your store, and whenever someone buys a product using their custom affiliate link, you are able to grant them a commission of whatever percentage you’d like.
This is useful since it allows people To sell your products for you, the commissions paid will be well worth it and if they have a stage and an audience of their own that they can tap into.
Easy Integration with Email Marketing
If you are into marketing, you will be Able to readily integrate Payhip with your email advertising supplier that is preferred so that whenever a purchase is made, the email address of the purchaser can be added into a selected list.
This is relatively minor but I think it’s Pretty cool so I want to give it a mention — if you so desire, you’ll have Payhip postage the purchaser’s email address into the upper left corner of every page of a PDF document they have bought.
So if someone plans to buy your PDF Publication subsequently make it publicly available for free they’ll need to be fine with their personal email address being accessible also. I believe that is a way of deterring pirating.
Upload Many Sorts of Files
Payhip is a marketplace for ebooks — You can upload virtually any kind of electronic file. Font files, video/audio files, photographs, software, etc..
Overall Simplicity and Modern Design
1 thing that can’t be overlooked whenever You are selling something is the way current your website looks. Individuals generally do not trust myself included. If a site looks like it has not been updated since the web 2.0 days, I start to wonder if maybe I’m in an abandoned building and placing my payment info into it’d pretty much be like throwing my money into a black hole.
That is not the case with Payhip though. The Site has a very modern and simple layout. This is what you would anticipate a checkout page by a business In the event that you should buy a digital merchandise on the internet. Paypal Downloadable Products
Another thing that I like about Payhip is its In general simplicity. In the a visitor lands on your product page, Payhip remains out of the way. They display your images, sales copy, and just the critical information (such as price.) They do nothing to interfere with your sale — no.
Eventually, what I really enjoy about Payhip is That they don’t store customer payment information, meaning your customers’ payment details are safe. The payment is completely handled through PayPal or Stripe, and I prefer it this way because they are large, successful companies with lots of cash to spend on 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
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 start an app while I’m out and around, and take a look. The website is optimized for mobile devices, although you do this and may log into the site.
I like Payhip, but that is a very Lousy appearance in 2018. There is no reason you shouldn’t have a site optimized for cellular, and once you’ve got that, you ought to be able to easily turn the site itself right into it’s own app so users don’t have to manually register in each time they want to inspect sales information. Permit users of Payhip experience a better platform when they’re on their cellular devices.
No Upsells or Add-Ons At Checkout
On the checkout page, I’d really like to see an ability to indicate Other products. By way of instance, if they’re buying a bundle of templates for $5, then I suggest, or might provide a package of business card templates to get a few bucks. This is something which websites like VistaPrint and Amazon do quite well.
I can’t help but feel as though there is a lot of money being left on the Table — for myself and Payhip — with no operation. This could enhance the Payhip experience for both the vendor and the client.
Set On A Fixed Timezone
This one is mostly frivolous, but I Like to see it corrected.
Considering that Payhip is located in London, they’ve The working timezone for the website set to BST. Since I am located in the EST, I will sometimes check my analytics at 7PM or afterwards and see that I left 0 sales for the day because Payhip believes it’s midnight and its information reveals that.
Again, this is a non-issue, however I Would like to see that the capability to adjust the website. Paypal Downloadable Products
More Flexibility with Coupon Codes
I know I raved about the coupon Code feature but it’s not perfect just yet.
As it now stands, the promotion You can run through a voucher code. Ideally, I’d love to have the ability to offer a dollar amount to set a sale price.
At the moment, if I want to place a merchandise Available for $10, do the math to figure out what percent off would leave the final cost at $10 and I must break out the calculator. I think this is unnecessary and could be made better.
When creating A brand new product in Payhip, you have access to innovative alternatives including —
- Make your merchandise personal.
- Insert an ISBN (Internation Standard Book Number) for your eBook.
- Upload sample pages or a preview.
- To the number of copies of your product or eBook can be add a limitation number sold.
- Create a unique license key .
Just how much does it cost?
Payhip will Cost you nothing or even host your products. The website takes just 5 percent commission per trade fee.
Would I Recommend Payhip?
This leaves us with the burning question: after two + years as a vendor on Payhip, would you recommend it? Overall, yes. I am very much a happy client, but whether or not you should use it depends on your situation.
If you are a blogger with a small audience And you can’t justify spending $10+ per month for something like Gumroad, then yes, I would absolutely recommend Payhip. In case you know you’ll be doing at least $ 1,000 in sales each month and sell a merchandise that is high-ticket or have a massive audience, you might want to check into something.
As of this date of the writing, Payhip functions On a set fee of 5% of each sale. Gumroad’s fee is currently 3.5% + $0.30 per transaction + $10 per month.
If you are going to be selling less than $1,000 a month in total volume, the mathematics should (typically ) favor Payhip. But if you’re selling into the thousands, you need to decide on Gumroad or start looking into some other choice. That is dependent on how many transactions it requires to achieve those sales numbers so make certain to crunch the numbers.
Personally, I love the Payhip Experience and am very thankful for their solutions. I would like to see them continue to grow and succeed. Paypal Downloadable Products