Intro Robin Sharma Free Ebooks
Of all the ways of monetizing content, my favorite method is Like learning design templates and materials to make and sell digital products. I have discovered that it is extraordinarily more profitable than running ads and self-made products convert at a significantly greater speed compared to an affiliate product that someone else created. The support I use to ease this is Payhip, and this article I will be discussing what I like and dislike about the service based on my Payhip experience as a seller for 2+ years. Robin Sharma Free Ebooks
My Payhip Experience
If you wanted to sell products Through your own site, you’ll need a way to facilitate trades — some kind of infrastructure which will enable a customer to select your product, pay for it, and have it immediately delivered to them with complete hands-off automation. Payhip solves this problem.
What is Payhip?
Payhip is An e-commerce platform/website that provides customers with solutions and the tools for hosting and selling products to their clients online.
The company Was co-founded by Abs Farah and Kahin Farah and is now based in my capital city of London.
Which are the benefits of using Payhip?
Each online Platform is different, and I’ve used a couple of these previously.
For me personally, having A stage that is so easy to use and one that doesn’t require a huge amount of my precious time is of utmost importance.
Payhip will Save a great deal of time 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, which is a big plus in my book.
- Affordable. The website takes zero charges asides From 5% per trade when you sell a product.
- Access to analytics reports.
- Access to marketing tools. You have the option to create Societal and Coupons discounts.
- Ability to signup, manage and reward your own affiliates.
- Access to product sharing programs . Plus it is possible to embed Buy and your merchandise Now buttons on your own site or blog.
- The Capacity to set mailing lists so that your customers can Subscribe and remain up to date with your products, and more.
- Immediate digital merchandise delivery via email link to customers.
What I Like About Payhip
Let’s get to the information. After my 2 year Payhip expertise, Here Is What I really like about the ceremony…
Payments Are Instantaneous
Payhip let’s your customers pay with PayPal Or by credit/debit card with Stripe, plus they don’t cover monthly/weekly/quarterly or force you to wait for them to clean some kind of holding period. When a client makes a purchase, the money is instantly available in your accounts, and if you’ve got the PayPal and also Stripe apps installed on your mobile device, you’ll receive notifications whenever a sale occurs. Robin Sharma Free Ebooks
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 that you made X number of dollars while you were sleeping, and it’s all readily available for you to spend. The only caveat to this can be Stripe. If your clients card with Stripe, there’ll be a three 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 the things that Payhip originally sold me on is that there’s no Monthly charges or setup charges — only a simple flat fee of 5 percent per purchase .
This was appealing to me Since, at the moment, my readership was less than 1/10th of what it’s now, and that I wasn’t positive I was going to always sell enough product to justify paying a monthly fee to get a similar service like Gumroad. As a relatively new blogger with a little crowd, Payhip was the no-risk solution that best match my scenario.
Easy To Know Analytics
Payhip’s back end Provides an analytics page That lets you view transactions and earnings amounts relative to this day, week, month, year, or any other given selection. On top of that, it is a report that is to-the-point and straightforward.
If you have ever used Google Analytics or Facebook analytics, the number of information you’re instantly smacked in the face with can be a bit overwhelming, and lots of it’s largely useless too. Payhip just gives you what you’re there to see — sales data. Nothing more, nothing less.
Run Promotions with Coupon Codes
Another advantage users of Payhip experience is By creating coupon codes promotions to conduct.
The codes may be for any percentage you’d Like and for any (or all) products. They could run for whatever duration you want (or even indefinitely,) along with the code itself may even be customized to whatever series of text you desire.
I have found this to be useful. Occasionally I will conduct a weekend promotion, place it on Facebook boost the article targeting a pixel re-marketing audience and I never fail to go ROI positive with it. People do respond to limited time offers. Robin Sharma Free Ebooks
Your Own Affiliate Program
Payhip Provides you the ability Readers sign up as an affiliate of your shop, and you are able to award, someone purchases a product using their custom affiliate link.
This is useful since it allows people To sell your merchandise for you, the commissions paid will be worth it, and should they have a stage and an audience of their own that they can tap to.
Easy Integration with Email Marketing
You will be, if you’re into marketing Able to integrate Payhip along with your email marketing supplier that is chosen so that a purchase is made, the email address of the purchaser can be added into a list.
This is relatively minor but I think it’s Pretty cool so I wish to give it a mention — if you so desire, you’ll have Payhip stamp the buyer’s email address into the top left corner of every page of a PDF document they have bought.
So if someone intends to Purchase Your PDF Book then make it accessible for free they will have to be fine with their email address being publicly accessible also. I think that’s a creative means of deterring pirating.
Upload Many Kinds of Files
Payhip isn’t just a marketplace for ebooks — You can upload just about any sort of file. Font documents, video/audio files, photos, software, etc..
Total Simplicity and Modern Design
One thing that can’t be overlooked whenever You are selling something is your website appears. Individuals generally don’t trust sites that look outdated, myself included. If a website looks like it has not been upgraded since the web 2.0 times, then I start to wonder if perhaps I’m in an abandoned construction and placing my payment info to it would pretty much be like throwing my money into a black hole.
That is not the case with Payhip though. The Website has a design that is very contemporary and simple. This is exactly what you’d anticipate a checkout page by a trusted business In the event that you were to buy a digital merchandise on the internet. Robin Sharma Free Ebooks
Another thing that I like about Payhip is its own In general simplicity. From the very second a visitor lands on your product page, Payhip stays 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 customer payment information isn’t stored by them, meaning that your clients’ payment details are safe. The payment is managed through Stripe or PayPal, and I prefer it this way because they’re successful companies with a lot of money.
What I Dislike About Payhip
As much as I like Payhip, it’s far from perfect. Here are some things that I dislike about the service and would like to see enhanced…
No Mobile App
1 thing that bugs me about Payhip is that They don’t have a program. It would be convenient to have the ability to open an app while I am out and around, and take a look during my data. You may log in to the website and do so, but the website isn’t optimized for mobile devices.
I like Payhip, but this is a very Bad 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 site itself into it’s own program so users do not need to manually sign in each time they would like to check sales data. Let users of Payhip experience a platform when they are on their mobile devices.
No Upsells or Add-Ons In Checkout
On the checkout page, I’d like to see an ability to indicate Other products. For example, if they’re purchasing a bundle of templates for $5, then I could provide a package of business card templates or suggest some other product which could interest them that they previously didn’t know about. This is something which websites like VistaPrint and Amazon do well.
I can’t help but feel as though there’s a lot of money being left on the Table — for myself and Payhip — with no functionality. This could enhance the Payhip experience for both the seller and the customer.
Set On A Fixed Timezone
This one is frivolous, but I Prefer to see it fixed.
Since Payhip is located at London, they’ve BST was place to by the working timezone for the whole site. Since I am located in the EST, I’ll sometimes check my stats at 7PM or afterwards and see that I made 0 sales for the day because Payhip thinks it is midnight and its information reflects that.
Again, this is mostly a non-issue, but I Would like to see that the ability to adjust the website to your own timezone. Robin Sharma Free Ebooks
More Flexibility with Coupon Codes
I know I raved about the coupon Code feature earlier, but it is not quite perfect just yet.
As it stands, the only advertising You’re able to run via a voucher code. I’d love to be able to offer a dollar amount from the cost, or the capability to set a sale price that is specified.
Right Now, if I want to place a product On sale for $10, do the math to determine what percentage off will leave the price and I must break out the calculator. I believe this is unnecessary and could be made better.
When creating A brand new product in Payhip, you also have access to advanced alternatives including —
- Make your product private.
- Insert an ISBN (Internation Standard Book Number) for your eBook.
- Publish sample pages or a few preview.
- Add a limitation amount sold.
- Generate a exceptional license key for all your product/eBook sales.
How much does it cost?
Payhip will Cost you nothing to set up 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 2+ years as a seller on Payhip, do you recommend it? Total, yes. I am very much a customer, but whether or not you should use it depends upon your situation.
If you are a new blogger with a small audience And you can not justify spending $10+ a month for something such as Gumroad, then yes, I would 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 look into something most cost-efficient.
As of this date of the writing, Payhip works On a set fee of 5% of every sale. Gumroad’s fee is currently 3.5% + $0.30 per transaction + $10 a month.
If you are going to be promoting $1,000 a month in total volume, the mathematics should (in most cases) favor Payhip. But if you are selling into the thousands, you are probably going to want to decide on Gumroad or look into some alternative. That is all dependent on how many transactions it requires to reach those sales numbers so be certain to crunch the numbers on your own.
Personally, I absolutely love the Payhip Expertise and am really thankful for their services. I want to see them continue to grow and succeed. Robin Sharma Free Ebooks