Background Play Books
Of all the ways of monetizing content, my method is To create and sell digital products such as studying layout templates and materials. I have found that it’s extraordinarily profitable than running ads from networks like AdSense, and products convert at a significantly greater speed than an affiliate product that somebody else created. The support I use to ease this can be Payhip, and in this post I’ll be discussing what I both like and dislike about the ceremony based in my Payhip expertise for a vendor for two + years. Play Books
My Payhip Expertise
If you wanted to market products Through your own website, you’ll want a means to facilitate transactions — some sort of infrastructure which will enable a client to select your goods, cover it, and have it instantaneously delivered to them with whole hands-off automation. Payhip solves this problem.
Payhip is An e-commerce platform/website that gives customers with options and the tools for selling products straight to their clients and hosting online.
The company Was co-founded by Abs Farah and Kahin Farah and is currently based in my capital city of London.
Which are the benefits of using Payhip?
Each online Platform differs, and I’ve used a few of these previously.
For me personally, having A platform that is easy to use and one that doesn’t require a massive amount of my time is of utmost importance.
Payhip will Save a great deal of time because everything is cared for on the Payhip platform.
The Advantages that I’ve gained the most from utilizing Payhip include –
- 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 percent per transaction when you sell a digital product.
- Access to analytics accounts.
- Access to advertising tools. You have the option to make Social and coupons discounts.
- Ability to signup, manage and reward your own affiliates.
- Access to product sharing tools. Plus it is possible to embed Your merchandise and purchase Now buttons right on blog or your own website.
- The ability to set mailing lists so that your clients can Subscribe and stay current with your products, and more.
- Immediate digital product delivery via email link for customers.
What I Like About Payhip
Let’s get to the details. Following my two year Payhip expertise, here’s what I really like about the ceremony…
Upgrades Are Instantaneous
Payhip let us your customers pay with PayPal Or from credit/debit card with Stripe, plus they do not pay out monthly/weekly/quarterly or make you wait around for them to clean some sort of holding period. When a customer makes a purchase, the cash is immediately available in your accounts, and in case you have the PayPal and Stripe programs installed on your mobile device, you’ll get notifications whenever a sale happens. Play Books
I happen to love this. The excitement of Seeing a sale never gets older. In addition, it is great to awake in the morning, reach to your phone, and also 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 can be Stripe. If your customers pays by card using Stripe, there’ll be a three day hold until the cash is available. This is Stripe however — Payhip doesn’t hold your cash in any way.
No Monthly Fees
Among the things that Payhip initially sold me is that there’s no Monthly charges or setup charges — only a simple flat fee of 5 percent per sale.
This was attractive to me back in 2016 Because, at the time, my readership was less than 1/10th of what it is now, and I was not positive that I was going to always 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 audience, Payhip was the no-risk solution that best match my situation.
Easy To Know Analytics
Payhip’s back end Provides an page That lets you see transactions and earnings quantities relative to this day, month, week, year, or some other specified selection. On top of that, it’s a report that is straightforward and to-the-point.
If you used Google Analytics or Facebook analytics, the number of data you are instantly smacked in the face with can be somewhat overwhelming, and a lot of it is largely useless also. Payhip just gives you what you’re there to see — revenue information. Nothing more, nothing less.
Run Promotions with Coupon Codes
Another advantage users of Payhip encounter is The ability to conduct promotions.
The codes can be for any percentage you’d Like and for any (or all) products. They could run for any duration you’d like (or even indefinitely,) and the code itself may even be customized to whatever series of text you would like.
I have found this to be somewhat helpful. Occasionally I will run a weekend promotion, post it on Facebook, then raise the post targeting a pixel audience and I don’t fail to go ROI positive by it. People do respond to limited time offers. Play Books
Your Own Affiliate Program
Payhip gives you the capability to let your Readers register as an affiliate of your shop, and you can award whenever someone buys a product using their customized affiliate link.
This is useful because it allows people To market your products for you, and if they have a platform and an audience of their own they can tap to, the commissions paid will be well worth it.
Easy Integration with Email Marketing
You’ll be if you’re into marketing Able to easily integrate Payhip along with your email advertising supplier that is chosen so that whenever a sale is made, the email address of the purchaser can be added into a listing.
This is small but I think it’s Pretty cool so I want to give it a mention — if you desire, you’ll have Payhip stamp the purchaser’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 publicly accessible for free somewhere else, they will have to be okay with their email address being publicly available. I believe that is a creative means of deterring pirating.
Upload Most Kinds of Files
Payhip is not just a market for ebooks — You can upload virtually any sort of electronic file. Font documents, video/audio files, photographs, software, etc..
Total Simplicity and Modern Design
One thing that can’t be overlooked whenever You are selling something is your site appears. Individuals generally don’t trust myself included. If a website looks like it hasn’t been upgraded because the net 2.0 days, I begin to wonder if perhaps I’m in an abandoned building and putting my payment info to it’d pretty much be like throwing my money into a black hole.
That’s not the case with Payhip though. The Website has a layout. This is exactly what you’d expect a checkout page from a business In the event that you should purchase a digital product on the internet. Play Books
Another thing I enjoy about Payhip is its own Overall simplicity. In the second a visitor lands on your product page, Payhip remains out of the way. They display your images, sales copy, and just the crucial info (like price.) They do nothing to interfere with your purchase — no self-promotion whatsoever.
Eventually, what I actually like about Payhip is That they don’t store customer payment info, meaning that your customers’ payment details are secure. The payment is handled through Stripe or PayPal, and I prefer it this way because they are large, successful companies with lots of cash 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
1 thing that bugs me about Payhip is that They do not possess a mobile program. It’d be convenient to be able to start an app while I am out and around, and take a look during my data. You do so and may log in to the site, but the site is optimized for mobile devices.
I like Payhip, but this is a very Lousy appearance in 2018. There is no reason you shouldn’t have a site optimized for mobile, and once you have that, you ought to be able to easily turn the website itself right into it’s own program so users don’t need to manually sign in each time they would like to inspect sales information. Permit users of Payhip encounter a platform when they are on their mobile devices.
No Upsells or Add-Ons At Checkout
On the checkout page, I would like to see an capability to indicate Other products similar to what the client is going to purchase. By way of instance, if they’re purchasing a package of templates for $5, I might provide a package of business card templates to get a couple of extra bucks, or propose some other product that could interest them they didn’t know about. This is something that websites like Amazon and VistaPrint do.
I can’t help but feel as though there is a Great Deal of money being left on the Table — for both myself and Payhip — without this functionality. This could enhance the Payhip experience for both the client and the seller.
Establish On A Fixed Timezone
This one is frivolous, but I’d still Prefer to see it corrected.
Considering that Payhip is located at London, they’ve The working timezone for the site place to BST. Since I’m found in the EST, I’ll sometimes check my analytics at 7PM or afterwards and see that I left 0 sales for the day since Payhip thinks it’s midnight and its data reveals that.
This is largely a non-issue, however I Would like to see the capability to correct the site. Play Books
More Flexibility with Coupon Codes
I know I raved about the coupon It’s not quite perfect, although code feature earlier.
As it now stands, the only promotion You can run via a voucher code is for a percentage off. Ideally, I’d like to be able to offer a dollar amount off the price, or the ability to set a sale price.
At the moment, if I Need to put a merchandise On sale for $10, manually do the math to figure out what percent off will leave the final price and I have to break out the calculator. I think that is unnecessary and may be made better.
When creating A new product in Payhip, you have access to advanced options which include —
- Make your merchandise private.
- Insert an ISBN (Internation Standard Book Number) for your eBook.
- Publish sample pages or a preview.
- To the number of copies of your product or eBook could be Insert a limit number sold.
- Create a unique license key for all your product/eBook sales.
How much does it cost?
Payhip will Cost you nothing or host your products. The site takes only 5% commission per trade fee.
Would I Recommend Payhip?
This leaves us with the burning question: after 2+ years as a vendor on Payhip, would you recommend it? Overall, yes. I am very much a satisfied client, but whether you ought to use it depends on your own situation.
If you’re a new blogger with a small audience And you can’t justify spending $10+ a month to get something such as Gumroad, then yes, I would absolutely recommend Payhip. In case you have a massive audience or market a high-ticket product and know that you’ll be doing at least $1,000 in sales each month, you might want to check into something most cost effective.
As of this date of the writing, Payhip works On a set fee of 5 percent of each sale. Gumroad’s fee is currently 3.5% + $0.30 per transaction + $10 per month.
If you’re going to be promoting $1,000 a month in total quantity, the math should (in most cases) favor Payhip. But if you’re selling into the thousands, you need to decide on Gumroad or look into some other alternative. This is all dependent on how many transactions it requires to reach those sales numbers so make certain to crunch the numbers.
Personally, I love the Payhip Expertise and am really thankful for their services. I want to see them continue to grow and succeed. Play Books