Intro Product Download
Of all the ways of Creating Articles that is blog, my method is Such as learning materials and layout templates, to create and sell digital products. I’ve found that it is extraordinarily more profitable than running ads and self explanatory products convert at a greater rate than an affiliate product that someone else created. The service I use to ease this can be Payhip, and this article I’ll be sharing what I both like and dislike about the ceremony based in my Payhip experience for a vendor for 2+ years. Product Download
My Payhip Expertise
If you have ever wanted to market products Through your own site, you’ll need a way to facilitate trades — some sort of infrastructure which will enable a client to select your product, pay for it, and also have it instantaneously delivered to them with complete hands-off automation. Payhip solves this issue.
What is Payhip?
Payhip is An that gives users with solutions and the tools for hosting and selling digital products straight to their clients online.
The Provider Was co-founded by Abs Farah and Kahin Farah and is currently based in my capital city of London.
Which are the advantages of utilizing Payhip?
Each online Platform differs, and I have used a couple of them previously.
Having A stage that is simple to use and one that does not require a huge amount of my precious time is of paramount significance.
Payhip will Save you a lot of time because everything is cared for on the Payhip platform.
The Advantages that I’ve gained the most from using Payhip include –
- EU VAT is cared for, and it can be a huge plus in my book.
- Affordable. The website takes zero fees asides From 5% per trade when you sell a item.
- Accessibility to analytics accounts.
- Access to marketing tools. You have the option to create Coupons and social discounts.
- Capability to signup, handle and reward your own affiliates.
- Access to product sharing programs . Plus you can embed Purchase and your product Now buttons directly on your own website or blog.
- The ability to setup mailing lists so that your customers can Subscribe and stay up to date with your goods, and much more.
- Immediate digital merchandise shipping via email link for customers.
What I Enjoy About Payhip
Let us get to the details. Following my two year Payhip experience, here’s what I really like about the ceremony…
Payments Are Instantaneous
Payhip let us your customers pay with PayPal Or from credit/debit card with Stripe, and they do not cover monthly/weekly/quarterly or make you wait for them to clean some kind of holding period. When a customer makes a purchase, the cash is immediately available on your accounts, and in case you have the PayPal and Stripe apps installed on your mobile device, you are going to get notifications whenever a sale occurs. Product Download
I happen to appreciate 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 is all readily available for you to spend. The caveat to this is Stripe. If your clients card using Stripe, there will be a 3 day hold before the money is available. That is Stripe though — Payhip doesn’t hold your money at all.
No Monthly Fees
One of the things that Payhip initially sold me is that there’s no Monthly charges or setup charges — only a simple flat charge of 5% per purchase .
This was attractive to me Since, at the time, my readership was 1/10th of what it is now, and that I wasn’t positive that I was likely to consistently sell enough product to justify paying a monthly fee for a similar service like Gumroad. As a relatively new blogger having a little audience, 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, week, month, year, or some other given selection. Best of all, it is a report that is very straightforward and to-the-point.
If you used Google Analytics or Facebook analytics, the number of data you’re immediately smacked in the face with can be a bit overwhelming, and lots of it’s mostly useless also. Payhip just gives you exactly what you’re there to view — revenue information. Nothing more, nothing less.
Run Promotions with Coupon Codes
Another advantage users of Payhip encounter is Promotions to conduct by creating coupon codes.
The codes can be for any percentage you would Like and for any (or all) products. They can run for whatever length you want (or even permanently,) and the code itself can even be customized to whatever series of text you would like.
I’ve found this to be somewhat useful. Occasionally I will conduct a weekend promotion, post it on Facebook, then raise the post targeting a pixel audience that is re-marketing and I don’t fail to go ROI positive by it. People truly do respond to limited time offers. Product Download
Your Own Affiliate Program
Payhip Provides you the capability to let your Readers register as an affiliate of your shop, and you can grant someone buys a product with their customized affiliate link.
This is useful since it allows Men and Women To sell your merchandise for you, and if they have a platform and an audience of their own they can tap to, the commissions paid will be worthwhile.
Easy Integration with Email Marketing
You will be if you are into email marketing Able to incorporate Payhip with your email advertising provider so that whenever a purchase is made, the buyer’s email address can be added to a listing that is chosen.
This is 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 top left corner of each page of a PDF document they have purchased.
So if someone plans to buy your PDF Book make it available for free they’ll need to be fine with their email address being accessible. I think that is a means of deterring pirating.
Upload Most Kinds of Files
Payhip is not Only a market for ebooks — It’s possible to upload virtually any kind of electronic file. Font documents, 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 website looks. People do not trust myself included. If a website looks like it hasn’t been updated since the web 2.0 times, then I start to wonder if perhaps I’m in an abandoned construction and placing my payment info into it would pretty much be like throwing my money into a black hole.
That’s not the case with Payhip though. The Site has a design that is easy and very contemporary. This is what you would expect a checkout page from a company to look like, if you were to purchase a merchandise on the world wide web. Product Download
Another thing I like about Payhip is its own In general simplicity. In the moment a visitor lands on your product page, Payhip remains out of the way. They display your graphics, sales copy, and just the crucial info (like price.) They do nothing to interfere with your purchase — no.
Eventually, what I like about Payhip is That they don’t store customer payment info, meaning that your clients’ payment details are secure. The payment is handled through Stripe or PayPal, and I prefer it this way as they are big companies with lots of money to spend on top-shelf security.
What I Dislike About Payhip
As much as I like Payhip, it is 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 around Payhip is that They don’t have a mobile program. It’d be convenient to be able to open an app and have a look while I am out and around. You do this and may log in to the website, but the website is optimized for mobile devices.
I like Payhip, but this is a really Lousy appearance in 2018. There’s no reason you should not have a site optimized for mobile, and once you have that, you ought to be able to easily turn the site itself into it’s own program so users don’t need to manually register in each time they would like to check sales data. Permit users of Payhip encounter a 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 suggest Other products similar to what the client is going to purchase. If they’re purchasing a bundle of logo templates for $5, then I suggest some other product which could interest them they didn’t know about, or might offer a package of business card templates for a couple of added bucks. This is something that websites like VistaPrint and Amazon do.
I can’t help but feel like there’s a lot of money being left on the Table — for myself and Payhip — without this functionality. This could improve the Payhip encounter for both the client and the vendor.
Establish On A Fixed Timezone
This one is largely frivolous, but I’d still Like to see it corrected.
Since Payhip is located in London, they have The functioning timezone for the site place to BST. Since I am found in the EST, I will occasionally check my stats at 7PM or afterwards 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 a non-issue, however I Would love to see that the ability to adjust the site. Product Download
More Flexibility with Coupon Codes
I know I raved about the coupon It’s not perfect just yet, although code feature earlier.
As it stands, the advertising You can run through a voucher code is for a percentage off. I’d like to have the ability to offer a dollar amount to set a sale price that is predetermined.
At the moment, if I Need to put a product On sale for $10, I have to break out the calculator and manually do the math to figure out what percent off will leave the last price. I think that is unnecessary and could be improved.
When creating A new product in Payhip, you have access to advanced alternatives which include —
- Make your merchandise personal.
- Insert an ISBN (Internation Standard Book Number) for your eBook.
- Publish sample pages or a couple of preview.
- Insert a limit number sold.
- Create a license key that is unique for each of your product/eBook sales.
How much does this cost?
Payhip will Cost you to set up or even host your products. The website takes only 5% commission per trade fee.
Would I Recommend Payhip?
This leaves us with the burning question: after two years as a seller on Payhip, do you recommend it? Total, yes. I am a satisfied client, but whether or not you ought to use it depends on your own situation.
If you’re a blogger with a small audience And you can not justify spending $10+ a month for something like Gumroad, then yes, I would recommend Payhip. But if you sell a merchandise that is high-ticket or have a massive audience and know that you’ll do at least $ 1,000 in sales every month, you may want to check into something most cost-efficient.
As of this date of this writing, Payhip functions On a flat fee of 5% of every sale. Gumroad’s fee is currently 3.5% + $0.30 per transaction + $10 per month.
If you are going to be promoting $1,000 a month in total quantity, the math should (typically ) favor Payhip. But if you’re selling into the thousands, you need to go with Gumroad or look into another alternative. This is dependent on the number of transactions it requires to achieve those sales numbers, however, so be sure to crunch the numbers.
Personally, I absolutely love the Payhip Experience and am grateful for their solutions. I want to see them continue to grow and succeed. Product Download