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Of all the ways of monetizing blog Articles, my favorite method is Like learning materials and layout templates, to make and sell products. I’ve discovered that it’s extraordinarily more profitable than running ads from networks like AdSense, and products convert at a higher rate compared to an affiliate product that someone else created. The service I use to facilitate this is Payhip, and this article I’ll be sharing what I both like and dislike about the service based in my Payhip expertise for a seller for 2+ years. Play Books Free
My Payhip Experience
If you have ever wanted to sell products Through your own website, you’ll want a means to facilitate trades — some kind of infrastructure that will allow a client to select your product, cover it, and have it instantaneously delivered to them with whole hands-off automation. Payhip solves this issue.
What is Payhip?
Payhip is An that provides customers with solutions and the easiest tools for selling digital products directly to their customers and hosting 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 utilizing Payhip?
Each online Platform is different, and I have used a couple of these in the past.
For me, having A platform that is really simple to use and one that doesn’t take a huge amount of my time is of paramount significance.
Payhip will Save a great deal of time because everything is cared for on the Payhip platform.
The Benefits that I’ve gained the most from using Payhip comprise –
- EU VAT is taken care of, and it can be a big plus in my book.
- Affordable. The site takes zero fees asides From 5% per transaction when you sell a item that is digital.
- Access to analytics reports.
- Access to advertising tools. You have the option to make Coupons and societal discounts.
- Ability to signup, manage and reward your affiliates.
- Access to product sharing programs . Plus you can embed Purchase and your merchandise Now buttons right on blog or your own website.
- The ability to setup mailing lists so that your clients can Subscribe and stay up to date with your goods, and much more.
- Instant digital product shipping via email link to buyers.
What I Enjoy About Payhip
Let’s get to the information. After my two + year Payhip experience, Here Is What I love about the ceremony…
Payments Are Instantaneous
Payhip let us your customers pay with PayPal Or by credit/debit card using Stripe, and 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 money is instantly available in your accounts, and in case you have the PayPal and also Stripe apps installed on your mobile device, you’ll receive notifications whenever a sale occurs. Play Books Free
I happen to love this. The excitement of Seeing a sale never gets older. It’s also great to awake in the morning, reach to your telephone, and see that you made X number of dollars while you were sleeping, and it is all easily available for you to spend. The caveat to this is Stripe. If your customers card with Stripe, there will be a 3 day hold until the cash is available. That is all Stripe though — Payhip does not hold your money in any way.
No Monthly Fees
One of the things that Payhip originally sold me on is that there’s no Monthly charges or installation charges — only a simple flat charge of 5% per purchase .
This was appealing to me in 2016 Since, at the moment, my readership was 1/10th of what it is now, and I was not positive that I was going to consistently sell enough product to warrant paying a monthly fee for a similar service such as Gumroad. As a relatively new blogger having a little audience, Payhip was the quickest solution that best fit my scenario.
Easy To Know Analytics
Payhip’s back end Provides an analytics page That enables you to see transactions and earnings amounts relative to this day, week, month, year, or some other specified selection. Best of all, it’s a report that is to-the-point and simple.
If you used Google Analytics or Facebook analytics, the amount of information you are instantly smacked in the face with can be somewhat overwhelming, and a lot of it is largely useless too. Payhip just provides you exactly what you’re there to view — 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 can be for almost any percentage you would Enjoy and for any (or all) products. They can run for whatever duration you’d like (or even indefinitely,) along with the code itself may even be customized to whatever string of text you would like.
I’ve found this to be very helpful. Sometimes I will run a weekend promotion, post it on Facebook, then raise the article targeting a pixel audience and I don’t fail to go ROI positive by it. People truly do respond to limited time offers. Play Books Free
Your Own Affiliate Program
Payhip gives you the ability Readers sign up as an affiliate of your shop, and if someone purchases a product with their customized affiliate link, you can grant.
This is useful since it allows people To market your merchandise the commissions paid will be worthwhile and if they have an audience of their own and a stage that they can tap into.
Easy Integration with Email Marketing
You’ll be if you’re into marketing Able to easily incorporate Payhip with your preferred email marketing supplier so that a sale is made, the purchaser’s email address can be added to a selected list.
That is small but I think it’s Pretty cool so I wish to give it a mention — if you desire, you can have Payhip postage the purchaser’s email address into the upper left corner of every page of a PDF document they’ve purchased.
So if someone plans to buy your PDF Publication make it publicly available for free they will have to be okay with their email address being publicly accessible. I believe that’s a means of deterring pirating.
Upload Many Kinds of Files
Payhip isn’t just a market for ebooks — It’s possible to upload virtually any kind of file. Font files, video/audio documents, photographs, software, etc..
Overall Simplicity and Modern Design
One thing that can not be overlooked whenever You are selling something is the way present your website appears. People generally do not trust myself included. If a site looks like it hasn’t been updated since the web 2.0 times, then I begin to wonder if maybe I’m in an abandoned building and putting my payment information into it would pretty much be like throwing my money into a black hole.
That’s not the case with Payhip though. The Website has a design. This is what you would anticipate a checkout page by a trusted business to look like, In the event that you were to buy a digital product on the world wide web. Play Books Free
Another thing I enjoy about Payhip is its In general simplicity. In the a visitor lands on your product page, Payhip stays out of the way. They display your images, sales copy, and just the crucial info (such as price.) They do nothing to interfere with your sale — no self-promotion whatsoever.
Finally, what I really enjoy about Payhip is That they don’t store customer payment information, meaning your clients’ payment details are safe. The payment is handled through PayPal or Stripe, and I prefer it that way as they’re successful companies with a lot of money to invest on top-shelf security.
What I Dislike About Payhip
As much as I enjoy Payhip, it is far from perfect. Here are some things that I dislike about the ceremony and would like to see improved…
No Mobile App
One thing that bugs me about Payhip is that They do not possess a app. It’d be convenient to have the ability to start an app and take a look through my sales data while I am out and about. You can log in to the website and do this, but the site isn’t even optimized for mobile devices.
I like Payhip, but this is a very Lousy look in 2018. There’s no reason you should not have a site optimized for cellular, and once you’ve got that, you should be able to easily turn the website itself into it’s own program so users do not need to manually sign in every time they would like to inspect sales data. Let users of Payhip experience a better platform when they’re on their cellular devices.
No Upsells or Add-Ons In Checkout
On the checkout page, I would like to see an ability to indicate Other products. By way of instance, if they are buying a package of templates for $5, then I could offer a package of business card templates or propose. This is something which sites like Amazon and VistaPrint do very well.
I can not help but feel as though there’s a lot of money Table — for myself and Payhip — without this operation. This may enhance the Payhip encounter for both the vendor and the customer.
Set On A Fixed Timezone
This one is frivolous, but I had still Prefer to see it fixed.
Since Payhip is located at London, they’ve The functioning timezone for the site place to BST. Since I’m located in the EST, I will occasionally check my stats at 7PM or later and see that I left 0 earnings for the day because Payhip thinks it is midnight and its data reveals that.
Again, this is a non-issue, however I Would love to see that the capability to adjust the website. Play Books Free
More Flexibility with Coupon Codes
I know I raved about the voucher It is not perfect yet, although code feature earlier.
As it now stands, the sole advertising You’re able to run through a coupon code. I’d like to have the ability to offer a dollar amount to set a sale price that is predetermined.
Right Now, if I want to put a merchandise that is $27 On sale for $10, manually do the math to determine what percent off would leave the final price at $10 and I have to break out the calculator. I believe that is unnecessary and may be made better.
When creating A new product in Payhip, you have access to advanced options including —
- Make your merchandise personal.
- Insert an ISBN (Internation Standard Book Number) to your eBook.
- Upload sample pages or a few preview.
- Insert a limitation amount to the number of copies of market or your product can be sold.
- Create a license key that is unique .
How much does it cost?
Payhip will Cost you or even host your electronic 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 seller on Payhip, would you recommend it? Total, yes. I am very much a satisfied customer, but whether or not you ought to use it depends upon your situation.
If you are a blogger with a small audience And you can’t justify spending $10+ a month for something like Gumroad, then yes, I would recommend Payhip. However, if you sell a merchandise that is high-ticket or have a massive audience and know you’ll be doing at least $ 1,000 in sales each month, you may want to check into something.
As of the date of this writing, Payhip works On a flat fee of 5% of every sale. Gumroad’s fee is now 3.5% + $0.30 per transaction + $10 per month.
If you are going to be selling less than $1,000 per month in total quantity, the mathematics should (in most cases) prefer Payhip. But if you are selling well into the thousands, you need to go with Gumroad or look into another choice. That is all dependent on the number of transactions it requires to achieve those sales numbers though, so make sure that you crunch the numbers for yourself.
Personally, I love the Payhip Expertise and am grateful for their solutions. I would like to see them continue to grow and succeed. Play Books Free