Intro Sell Digital Amazon Books
Of All of the ways of monetizing Articles, my Strategy is Such as learning materials and design templates to make and sell digital products. I’ve discovered that it is extraordinarily profitable than running advertisements from networks like AdSense, and products convert at a much greater speed compared to an affiliate product that somebody else created. The service I use to facilitate this can be Payhip, and this post I’ll be discussing what I like and dislike about the ceremony based on my Payhip experience as a vendor for 2+ years. Sell Digital Amazon Books
My Payhip Expertise
If you’ve ever wanted to market digital products Through your own site, you are going to need a means to facilitate transactions — some kind of infrastructure which will enable a client to select your product, cover it, and also have it immediately delivered to them with whole hands-off automation. Payhip solves this problem.
What is Payhip?
Payhip is An e-commerce platform/website that gives customers with options and the easiest tools for promoting products straight to their customers and hosting 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 utilizing Payhip?
Each online Platform is different, and I’ve used a few of these previously.
Having A platform that is really easy to use and one that does not take a massive amount of my time is of utmost importance.
Payhip will Save you 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 include –
- EU VAT is cared for, and it can be a huge plus in my book.
- Affordable. The site takes zero fees asides From 5% per transaction when you sell a product that is digital.
- Access to analytics reports.
- Access to marketing tools. You have the option to create Coupons and social discounts.
- Ability to signup, handle and reward your own affiliates.
- Access to product sharing programs . Plus it is possible to embed Purchase and your product Now buttons directly on blog or your own website.
- The Capacity to set mailing lists so that your clients can Subscribe and remain up to date with your digital products, and much more.
- Immediate digital merchandise shipping via email link to customers.
What I Like About Payhip
Let’s get to the details. After my two year Payhip experience, here’s what I really like about the service…
Payments Are Instantaneous
Payhip let us your customers pay with PayPal Or from credit/debit card with Stripe, plus they don’t cover monthly/weekly/quarterly or force you to wait around 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 have the PayPal and also Stripe apps installed on your mobile device, you’ll get notifications each time a sale happens. Sell Digital Amazon Books
I happen to appreciate this. The excitement of Seeing a new sale never gets old. In addition, it is great to awake in the morning, reach for your phone, and see that you made X amount of dollars while you were sleeping, and it’s all readily available for you to spend. The only caveat to this is Stripe. If your customers pays by card using Stripe, there’ll be a three day hold until the money is available. This is Stripe though — Payhip doesn’t hold your money in any way.
No Monthly Fees
Among the things that Payhip initially sold me on is that there is no Monthly fees or setup charges — only a simple flat charge of 5% per sale.
This was attractive to me in 2016 Because, at the moment, my readership was 1/10th of what it is now, and that I was not positive 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 with a small crowd, Payhip was the quickest solution that best match my scenario.
Easy To Know Analytics
Payhip’s back end Provides an page That lets you view transactions and earnings amounts relative to this day, week, month, year, or some other specified range. On top of that, it is a to-the-point and straightforward report.
If you’ve ever used Google Analytics or Facebook analytics, the amount of information you’re immediately smacked in the face with can be somewhat overwhelming, and a lot of it’s mostly useless too. Payhip just provides you exactly what you are there to view — sales data. Nothing more, nothing less.
Run Promotions with Coupon Codes
Another advantage users of Payhip experience is By creating coupon codes promotions to run.
The codes may be Enjoy and for any (or all) products. They can run for any duration you’d like (or even indefinitely,) along with the code itself can 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 marketing, place it on Facebook raise the article targeting a pixel audience and I don’t fail to go ROI positive with it. People truly do respond well to limited time offers. Sell Digital Amazon Books
Your Own Affiliate Program
Payhip gives you the capability Readers sign up as an affiliate of your shop, and someone buys a product you are able to award.
This is useful because it allows other people To market your products for you, and if they have a stage and an audience of their own that they can tap into, the commissions paid will be worth it.
Easy Integration with Email Marketing
You will be if you are into email advertising Able to easily incorporate Payhip along with your chosen email marketing provider so that a purchase is made, the purchaser’s email address could be added to a listing.
That is relatively small but I think it’s Pretty cool so I wish to give it a reference — if you so desire, you can have Payhip postage the purchaser’s email address into the top left corner of each page of a PDF document they’ve purchased.
So if someone intends to Purchase Your PDF Book make it accessible for free somewhere else, they will have to be okay with their personal email address being publicly available as well. I believe that’s a creative way of deterring pirating.
Upload Many Sorts of Files
Payhip is a marketplace for ebooks — You can upload any kind of electronic file. Font files, video/audio documents, photographs, software, etc..
Total Simplicity and Modern Design
One thing that can not be overlooked whenever You’re selling something is your site looks. Individuals don’t trust myself included. If a site looks like it has not been updated because the web 2.0 days, I start to wonder if maybe I’m in an abandoned construction and putting my payment info to 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 layout. This is what you would anticipate a checkout page by a trusted company if you were to buy a merchandise on the world wide web. Sell Digital Amazon Books
Another thing I like about Payhip is its own In general simplicity. In the a visitor lands on your product page, Payhip remains out of the way. They display your graphics, sales copy, and only the critical information (such as price.) They do nothing to interfere with your purchase — no self-promotion whatsoever.
Finally, what I actually enjoy about Payhip is That customer payment info isn’t stored by them, meaning that your customers’ payment details are safe. The payment is completely handled through PayPal or Stripe, and I prefer it this way because they’re large companies with lots of money 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
One thing that bugs me around Payhip is that They don’t have a app. It would be convenient to have the ability to start an app and have a look while I’m out and around. You do so and may log in to the website, but the website is optimized for mobile devices.
I like Payhip, but that is a very Bad look in 2018. There is no reason you shouldn’t have a website optimized for mobile, and once you have that, you should be able to easily turn the website itself right into it’s own program so users don’t need to manually register in every time they would like to inspect sales data. Users of Payhip experience a platform when they are on their devices.
No Upsells or Add-Ons At Checkout
On the checkout page, I would really like to see an Extra capability to suggest Other products. By way of example, if they’re buying a package of logo templates for $5, I suggest some other similar product that could interest them they didn’t know about, or could provide a bundle of business card templates for a few added dollars. This is something which websites like Amazon and VistaPrint do.
I can’t help but feel like there is a Great Deal of money Table — for myself and Payhip — with no operation. This could improve the Payhip experience for both the seller and the client.
Set On A Fixed Timezone
This one is frivolous, but I Like to see it corrected.
Since Payhip is located at London, they’ve BST was set to by the timezone for the website. Since I am located in the EST, I will occasionally check my stats at 7PM or afterwards and see that I made 0 sales for the day because Payhip believes it’s midnight and its own data reveals that.
Again, this is a non-issue, but I Would love to observe the ability to correct the site. Sell Digital Amazon Books
More Flexibility with Coupon Codes
I know I raved about the coupon It’s not perfect, although Code attribute earlier.
As it stands, the advertising You can run via a coupon code. Ideally, I’d love to be able to offer a dollar amount off the original cost, or the ability to set a specified sale price.
At the moment, if I want to put a 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 that is unnecessary and could be made better.
When creating A new product in Payhip, you also have access to innovative alternatives including —
- Make your product personal.
- Add an ISBN (Internation Standard Book Number) to your eBook.
- Publish sample pages or a couple of preview.
- To how many copies of your product or eBook could be Insert a limit number sold.
- Generate a license key .
Just how much does it cost?
Payhip will Cost you or even host your electronic products. The site takes only 5% commission per transaction fee.
Can I Recommend Payhip?
This leaves us with the burning question: after 2years as a vendor on Payhip, would you recommend it? Overall, yes. I am a happy customer, but whether you should use it depends upon your situation.
If you’re a blogger with a small audience And you can’t justify spending $10+ a month for something such as Gumroad, then yes, I would recommend Payhip. However, in case you know that 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 look into something.
As of the date of the writing, Payhip functions On a set fee of 5 percent of each 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 quantity, the mathematics should (typically ) favor Payhip. But if you are selling into the thousands, you’ll probably need to decide on Gumroad or start looking into another choice. That is all dependent on how many transactions it takes to reach those sales numbers though, so be sure to crunch the numbers for yourself.
Personally, I absolutely love the Payhip Expertise and am grateful for their services. I would like to see them continue to grow and succeed. Sell Digital Amazon Books