Of All of the ways of Creating content that is blog, my favorite Strategy is To make and sell products such as learning layout templates and materials. I have found that it’s extraordinarily more rewarding than running ads and products convert at a significantly higher speed than an affiliate product that someone else created. The support I use to ease this can be Payhip, and this post I’ll be discussing what I both like and dislike about the ceremony based on my Payhip expertise for a seller for two + years. Readify
My Payhip Expertise
If you’ve ever wanted to market digital products Through your own site, you are going to need a way to facilitate trades — some sort of infrastructure that will allow a customer to select your goods, pay for it, and also have it instantaneously delivered to them with whole hands-off automation. Payhip solves this issue.
Payhip is An that provides users with options and the tools for promoting electronic products to their customers 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 benefits of using Payhip?
Each online Platform is different, and I’ve used a few of these previously.
For me personally, having A stage that is easy to use and one that does not require a huge amount of my precious time is of paramount significance.
Payhip will Save a lot of time too because everything is cared for on the Payhip platform.
The Advantages that I’ve gained the most from utilizing Payhip comprise –
- EU VAT is taken care of, which can be a big plus in my book.
- Affordable. The website takes zero fees asides From 5% per transaction when you sell a digital item.
- Accessibility to analytics reports.
- Access to marketing tools. You have the option to make Social and Coupons discounts.
- Capability to signup, handle and reward your affiliates.
- Access to merchandise sharing tools. Plus it is possible to embed Your merchandise and purchase Now buttons right on blog or your website.
- The Capacity to set mailing lists so that your clients can Subscribe and stay up to date with your goods, and more.
- Immediate digital merchandise shipping via email link for buyers.
What I Like About Payhip
Let’s get to the information. Following my 2 year Payhip experience, Here Is 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 around for them to clear some sort of holding period. When a client makes a purchase, the money is instantly available in your account, and if you’ve got the PayPal and also Stripe apps installed on your mobile device, you’ll receive notifications each time a sale occurs. Readify
I happen to love this. The excitement of Seeing a new sale never gets old. It’s also great to wake up in the morning, reach for your phone, and see that you made X amount of dollars while you’re sleeping, and it is all readily available for you to spend. The only caveat to this is Stripe. If your customers card with Stripe, there will be a 3 day hold before the cash is available. This is all Stripe however — Payhip does not hold your cash at all.
No Monthly Fees
One of those things that Payhip originally sold me is that there’s no Monthly charges or installation charges — only a simple flat fee of 5% per sale.
This was appealing to me back Since, at the time, my readership was less than 1/10th of what it is now, and I was not positive that I was likely to always sell enough product to warrant paying a monthly fee for a similar service such as Gumroad. As a relatively new blogger with a small crowd, Payhip was the no-risk solution that best fit my scenario.
Easy To Understand Analytics
Payhip’s back end offers an page That lets you see transactions and earnings amounts relative to this day, week, month, year, or any other specified selection. Best of all, it’s a report that is to-the-point and very simple.
If you have used Google Analytics or Facebook analytics, the number of data you are immediately smacked in the face can be somewhat overwhelming, and a lot of it is largely useless also. Payhip just gives you what you are there to view — revenue data. Nothing more, nothing less.
Run Promotions with Coupon Codes
Another advantage users of Payhip experience is By producing coupon codes, promotions to conduct.
The codes may be for any percentage you’d Enjoy and for any (or all) products. They can run for any duration you want (or even permanently,) and the code itself may even be customized to whatever string of text you desire.
I’ve found this to be useful. Sometimes I will run a weekend promotion, place it on Facebook boost the article targeting a pixel re-marketing audience and I never fail to go ROI positive by it. People do respond to limited time offers. Readify
Your Own Affiliate Program
Payhip Provides you the capability Readers sign up as an affiliate of your shop, and you are able to award them a commission of whatever percentage you would like, if someone buys a product with their customized affiliate link.
This is useful since it allows Men and Women To sell your merchandise for you, the commissions paid will be worthwhile and if they have a stage and an audience of their own they can tap into.
Easy Integration with Email Marketing
You’ll be, if you’re into email marketing Able to integrate Payhip along with your email marketing provider that is chosen so that whenever a sale is made, the purchaser’s email address could be added into a list that is chosen.
That is small but I think it’s Pretty cool so I wish to give it a reference — if you desire, you’ll have Payhip postage the buyer’s email address into the upper left corner of every page of a PDF document they have 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 available also. I think that’s a means of deterring pirating.
Upload Most Kinds of Files
Payhip isn’t Only a marketplace for ebooks — You can upload any sort of electronic file. Font files, video/audio files, photographs, software, etc..
Overall Simplicity and Modern Design
One thing that can not be overlooked whenever You are selling something is how present your website looks. Individuals generally don’t trust myself included. If a site looks like it has not been upgraded because the net 2.0 times, then I begin to wonder if maybe I’m in an abandoned building and putting my payment info to it would pretty much be like throwing my money into a black hole.
That’s not true with Payhip though. The Website has a very modern and easy design. This is exactly what you would anticipate a checkout page from a business In the event that you were to buy a digital product on the internet. Readify
Another thing I enjoy about Payhip is its Overall simplicity. From the very second a visitor lands on your product page, Payhip stays out of the way. They display your graphics, sales copy, and just the crucial information (like price.) They do nothing to interfere with your sale — no.
Finally, what I enjoy about Payhip is That they don’t store customer payment info, meaning that your clients’ payment details are safe. The payment is managed through PayPal or Stripe, and I prefer it this way because they’re successful companies with lots of money to invest 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
1 thing that bugs me around Payhip is that They do not have a app. It’d be convenient to be able to open an app while I’m out and around and have a look through my sales data. The website is optimized for mobile devices, although you do this and can log in to the site.
I enjoy Payhip, but that is a really Lousy appearance in 2018. There is no reason you should not have a site optimized for cellular, and when you have that, you should 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. 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 really like to see an ability to indicate Other products similar to what the client is going to purchase. If they are purchasing a package of logo templates for $5, I could offer a bundle of business card templates or suggest. This is something which websites like Amazon and VistaPrint do.
I can not help but feel like there is a Great Deal of money Table — for both myself and Payhip — without this functionality. This may enhance the Payhip experience for both the customer and the vendor.
Set On A Fixed Timezone
This one is frivolous, but I Like to see it fixed.
Since Payhip is located in London, they’ve The functioning timezone for the whole website place to BST. Since I’m found 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 believes it is midnight and its own data reflects that.
This is largely a non-issue, but I Would like to see that the capability to adjust the site. Readify
More Flexibility with Coupon Codes
I know I raved about the coupon It is not perfect just yet, although Code attribute earlier.
As it now stands, the advertising You can run through a voucher code is to get a percentage off. I’d like to have the ability to supply a dollar amount from the original price, or the capability to set a sale price that is predetermined.
At the moment, if I want to place a product On sale for $10, manually do the math to determine what percentage off will leave the last 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 innovative alternatives which include —
- Make your merchandise private.
- Add an ISBN (Internation Standard Book Number) for your eBook.
- Publish a couple of preview or sample pages.
- Add a limitation number to the number of copies of eBook or your product could be sold.
- Create a license key for each of your product/eBook sales.
Just how much does this cost?
Payhip will Cost you or even host your electronic products. The website takes only 5 percent commission per trade fee.
Would I Recommend Payhip?
This leaves us with the burning question: after 2years as a vendor on Payhip, do you recommend it? Overall, yes. I am very much a happy customer, but whether 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 to get something like Gumroad, then yes, I would recommend Payhip. If you know that you’ll be doing at least $ 1,000 in sales each month and market a merchandise that is high-ticket or have a huge audience, you might want to check into something.
As of this date of the writing, Payhip works On a flat fee of 5 percent of every sale. Gumroad’s fee is now 3.5% + $0.30 per transaction + $10 a month.
If you’re going to be promoting less than $1,000 per month in total quantity, the math should (in most cases) prefer Payhip. But if you are selling into the thousands, you want to decide on Gumroad or look into some alternative. This is largely dependent on the number of transactions it requires to reach those sales numbers so be sure that you crunch the numbers.
Personally, I absolutely love the Payhip Experience and am really grateful for their solutions. I want to see them continue to grow and succeed. Readify