Introduction Sell Digital Advertising
Of all the ways of monetizing content, my favorite method is To make and sell digital products such as studying design templates and materials. I have discovered that it’s extraordinarily profitable than running advertisements from networks like AdSense, and self-made products convert at a higher speed compared to an affiliate product that somebody else created. The service I use to facilitate this can be Payhip, and in this article I’ll be sharing what I like and dislike about the service based on my Payhip expertise as a seller for two + years. Sell Digital Advertising
My Payhip Expertise
If you wanted to market digital products Through your own website, you are going to want a way to facilitate transactions — some sort of infrastructure that will allow a client to select your product, pay for it, and have it immediately delivered to them with whole hands-off automation. Payhip solves this issue.
What is Payhip?
Payhip is An e-commerce platform/website that gives users with the easiest tools and options for hosting and promoting products to their customers 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 advantages of utilizing Payhip?
Each online Platform differs, and I have used a few of them previously.
For me, having A stage that is so easy to use and one that does not require a huge amount of my 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 utilizing Payhip comprise –
- EU VAT is taken care of, which is a huge plus in my book.
- Affordable. The site takes zero fees asides From 5 percent per transaction when you sell a digital product.
- Accessibility to analytics accounts.
- Access to marketing tools. You have the option to make Coupons and societal discounts.
- Ability to signup, manage and reward your affiliates.
- Access to product sharing tools. Plus you can embed Buy and your product Now buttons on blog or your site.
- The ability to setup mailing lists so that your customers can Subscribe and remain up to date with your goods, and much more.
- Instant digital merchandise delivery via email link to buyers.
What I Like About Payhip
Let us get to the information. After my 2 year Payhip expertise, here’s what I love about the service…
Payments Are Instantaneous
Payhip let’s your customers pay with PayPal Or by credit/debit card using Stripe, and they do not cover monthly/weekly/quarterly or make you wait for them to clear some sort of holding period. When a customer makes a purchase, the cash is instantly available on 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 happens. Sell Digital Advertising
I happen to love this. The excitement of Seeing a new sale never gets older. It’s also great to wake up in the morning, reach for your phone, and also see you made X number of dollars while you were sleeping, and it’s all easily available for you to spend. The caveat to this can be Stripe. If your customers card using Stripe, there will be a 3 day hold until the money is available. This is Stripe however — Payhip does not hold your cash at all.
No Monthly Charges
Among those things that Payhip initially sold me is that there is no Monthly charges or installation charges — only a simple flat fee of 5 percent per purchase .
This was appealing to me back Because, at the time, my readership was 1/10th of what it is now, and that I wasn’t positive 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 audience, Payhip was the no-risk solution that best match my scenario.
Easy To Understand Analytics
Payhip’s back end offers an analytics page That enables you to see transactions and earnings amounts relative to this day, week, month, year, or some other specified selection. On top of that, it is a very straightforward and to-the-point report.
If you used Google Analytics or Facebook analytics, the number of information you’re immediately smacked in the face can be somewhat overwhelming, and a lot of it is mostly useless too. Payhip just gives you what you’re there to view — revenue data. Nothing more, nothing less.
Run Promotions with Coupon Codes
Another advantage users of Payhip encounter is The capacity to run promotions.
The codes can be Enjoy and for any (or all) products. They can run for any duration you want (or even indefinitely,) along with the code itself can even be customized to whatever series of text you desire.
I have found this to be somewhat helpful. Sometimes I’ll run a weekend promotion, place 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 well to limited time offers. Sell Digital Advertising
Your Own Affiliate Program
Payhip gives you the ability Readers register as an affiliate of your store, and whenever someone buys a product using their customized affiliate link, you are able to award.
This is useful since it allows Men and Women To market your products the commissions paid will be worthwhile and if they have a stage and an audience of their own that they can tap into.
Easy Integration with Email Marketing
You’ll be if you are into email advertising Able to incorporate Payhip along with your email marketing provider so that if a sale is made, the purchaser’s email address can be added into a list.
This is small but I think it’s Pretty cool so I want to give it a reference — if you desire, you’ll have Payhip postage the purchaser’s email address into the upper left corner of every page of a PDF document they’ve bought.
So if someone intends to Purchase Your PDF Publication then make it available for free they will have to be okay with their email address being available. I believe that’s a creative way of deterring pirating.
Upload Many Kinds of Files
Payhip is a marketplace for ebooks — You can upload any sort of digital file. Font documents, video/audio documents, photos, software, etc..
Overall Simplicity and Modern Design
One thing that can’t be overlooked whenever You’re selling something is your site appears. People do not trust myself included. If a site looks like it has not been updated because the net 2.0 times, then I begin to wonder if maybe I am in an abandoned construction and putting my payment information to it’d pretty much be like throwing my money into a black hole.
That is not the case with Payhip though. The Site has a design. This is what you would anticipate a checkout page from a trustworthy business to look like In the event that you should buy a digital merchandise on the world wide web. Sell Digital Advertising
Another thing I enjoy about Payhip is its own In general simplicity. In the very second a visitor lands on your product page, Payhip stays out of the way. They display your images, sales copy, and only the crucial info (such as price.) They do absolutely nothing to interfere with your purchase — no self-promotion whatsoever.
Finally, what I enjoy about Payhip is That they do not store customer payment information, meaning your clients’ payment details are secure. The payment is managed through Stripe or PayPal, and I prefer it that way because they’re large companies with a lot of money to spend on security.
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 around Payhip is that They do not possess a mobile program. It would be convenient to have the ability to start an app while I am out and around and have a look. The site is optimized for mobile devices, although you do this and can log into the site.
I enjoy Payhip, but that is a really Lousy appearance in 2018. There is no reason you should not have a website optimized for cellular, and when you’ve got that, you should be able to easily turn the site itself right into it’s own program so users don’t have to manually sign in each time they would like to check sales data. Permit users of Payhip experience a platform when they are on their devices.
No Upsells or Add-Ons In Checkout
On the checkout page, I would really like to see an capability to indicate Other products. For instance, if they are purchasing a package of templates for $5, I suggest, or could offer a bundle of business card templates for a few bucks. This is something which websites like VistaPrint and Amazon do quite well.
I can not help but feel as though there is a lot of money being left on the Table — for both myself and Payhip — with no functionality. This may improve the Payhip encounter for both the customer and the vendor.
Set On A Fixed Timezone
This one is mostly frivolous, but I Prefer to see it corrected.
Since Payhip is located in London, they’ve The working timezone for the whole website 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 earnings for the day because Payhip believes it’s midnight and its data reveals that.
This is mostly a non-issue, however I Would like to observe the ability to correct the website to your timezone. Sell Digital Advertising
More Flexibility with Coupon Codes
I know I raved about the coupon It’s not quite perfect just yet, although code feature earlier.
As it stands, the promotion You’re able to run via a coupon code. Ideally, I’d love to have the ability to supply a dollar amount from the cost, or the capability to set a sale price that is predetermined.
At the moment, if I want to put a $27 merchandise Available for $10, do the math to determine what percentage off would render the last price and I must break out the calculator. I think this is unnecessary and may be made better.
When creating A brand new product in Payhip, you also have access to advanced alternatives including —
- Make your product personal.
- Insert an ISBN (Internation Standard Book Number) to your eBook.
- Upload a sample or preview pages.
- To how many copies of eBook or your product can be Insert a limitation number sold.
- Create a exceptional license key for all your product/eBook sales.
Just how much does this cost?
Payhip will Cost you nothing or even host your products. The website takes just 5% 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? Overall, yes. I am very much a customer, but whether you ought to use it depends on your own situation.
If you are a new blogger with a small audience And you can not justify spending $10+ per month for something such as Gumroad, then yes, I would recommend Payhip. If you know you’ll do at least $ 1,000 in sales each month and market a product that is high-ticket or have a massive audience, you might want to check into something most cost effective.
As of this date of the writing, Payhip functions On a set fee of 5 percent of each sale. Gumroad’s fee is now 3.5% + $0.30 per transaction + $10 a month.
If you’re going to be selling less than $1,000 per month in total volume, the math should (typically ) prefer Payhip. But if you are selling into the thousands, you are probably going to need to go with Gumroad or start looking into another choice. That is dependent on how many transactions it requires to achieve those sales numbers though, so make sure to crunch the numbers.
Personally, I love the Payhip Expertise and am very thankful for their services. I would like to see them continue to grow and succeed. Sell Digital Advertising