Introduction Sell Digital Currency Canada
Of all the ways of monetizing blog content, my Strategy is Such as learning materials and layout templates, to make and sell products. I have found that it’s extraordinarily more profitable than running ads from networks such as AdSense, and self-made products convert at a much greater speed compared to an affiliate product that someone else created. The support I use to ease this can be Payhip, and in this post I will be discussing what I both like and dislike about the ceremony based on my Payhip expertise for a seller for 2+ years. Sell Digital Currency Canada
My Payhip Expertise
If you have ever wanted to market products Through your own website, you are going to want a way to facilitate trades — some sort of infrastructure that will allow a client to select your goods, pay for it, and also have it immediately delivered to them with whole hands-off automation. Payhip solves this problem.
Payhip is An that provides users with options and the tools for hosting and promoting digital 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 differs, and I’ve used a few of them previously.
For me personally, having A stage that is easy to use and one that does not take a massive amount of my precious time is of utmost significance.
Payhip will Save a great deal of time also because everything is taken care of on the Payhip platform.
The Advantages that I’ve gained the most from using Payhip include –
- EU VAT is cared for, which is a huge plus in my book.
- Affordable. The site takes zero charges asides From 5 percent per transaction when you sell a product.
- Access to analytics reports.
- Access to advertising tools. You have the option to make Societal and coupons discounts.
- Capability to signup, manage and reward your affiliates.
- Access to product sharing programs . Plus you can embed Buy and your merchandise Now buttons on your site or blog.
- The Capacity to set mailing lists so that your clients can Subscribe and stay up to date with your goods, and more.
- Immediate digital product shipping via email link to buyers.
What I Enjoy About Payhip
Let’s get to the details. After my 2+ year Payhip expertise, Here Is What I love about the ceremony…
Payments Are Instantaneous
Payhip let’s your customers pay with PayPal Or by credit/debit card using Stripe, plus they do not pay out monthly/weekly/quarterly or make you wait around for them to clean some kind of holding period. When a customer makes a purchase, the money is immediately available on your account, and in case you’ve got the PayPal and Stripe apps installed on your mobile device, you’ll receive notifications whenever a sale happens. Sell Digital Currency Canada
I happen to appreciate this. The excitement of Seeing a sale never gets older. In addition, it is great to awake in the morning, reach to your telephone, and see you made X number of dollars while you’re sleeping, and it’s all easily available for you to spend. The only caveat to this is Stripe. If your clients pays by card with Stripe, there will be a 3 day hold until the money is available. This is Stripe however — Payhip doesn’t hold your cash in any way.
No Monthly Charges
One of the things that Payhip originally sold me on is that there’s no Monthly fees or setup charges — only a simple flat charge of 5% per purchase .
This was appealing to me back in 2016 Since, at the moment, my readership was 1/10th of what it is now, and that I was not positive that I was going to consistently sell enough product to warrant paying a monthly fee for a similar service like Gumroad. As a relatively new blogger with a small audience, Payhip was the no-risk solution that best fit my scenario.
Easy To Know Analytics
Payhip’s back end offers an analytics page That enables you to view trades and earnings quantities relative to the day, week, month, year, or some other specified range. On top of that, it’s a report that is simple and to-the-point.
If you used Google Analytics or Facebook analytics, the number of data you are instantly smacked in the face with can be somewhat overwhelming, and lots of it is mostly useless too. Payhip just gives you exactly what you’re there to view — sales information. 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 almost any percentage you would Like and for any (or all) products. They can run for whatever length you’d like (or even permanently,) and the code itself may even be customized to whatever series of text you desire.
I have found this to be somewhat useful. Occasionally I will conduct a weekend promotion, place it on Facebook, then raise the article targeting a pixel audience and I never fail to go ROI positive by it. People truly do respond well to limited time offers. Sell Digital Currency Canada
Your Own Affiliate Program
Payhip gives you the capability to let your Readers register as an affiliate of your store, and you can grant them a commission of whatever percent you’d like, someone buys a product with their customized affiliate link.
This is useful since it allows people To sell your merchandise for you, and if they have a stage and an audience of their own that they can tap into, the commissions paid will be well worthwhile.
Easy Integration with Email Marketing
You will be if you’re into advertising Able to easily incorporate Payhip along with your email marketing supplier that is preferred so that if a purchase is made, the email address of the purchaser could be added into a list.
This is relatively small but I think it’s Pretty cool so I wish to give it a reference — if you desire, you can have Payhip postage the buyer’s email address into the top left corner of every page of a PDF document they have purchased.
So if someone plans to buy your PDF Publication then make it available for free somewhere else, they’ll have to be fine with their private email address being accessible. I think that is a means of deterring pirating.
Upload Most Kinds of Files
Payhip isn’t Only a market for ebooks — It’s possible to upload any sort of digital file. Font documents, video/audio files, photographs, software, etc..
Overall Simplicity and Modern Design
One thing that can’t be overlooked whenever You’re selling something is your website looks. Individuals do not trust myself included. If a site looks like it hasn’t been updated since the net 2.0 times, then I begin to wonder if maybe I am in an abandoned construction and placing my payment info into it would pretty much be just like throwing my money into a black hole.
That is not the case with Payhip though. The Website has a design. This is exactly what you would expect a checkout page from a company, In the event that you should buy a digital merchandise on the world wide web. Sell Digital Currency Canada
Another thing I like about Payhip is its own Overall simplicity. From the very moment a visitor lands on your product page, Payhip stays out of the way. They display your images, sales copy, and only the crucial information (such as price.) They do absolutely nothing to interfere with your sale — no.
Finally, what I really like about Payhip is That they do not store customer payment information, meaning that your customers’ payment details are secure. The payment is managed through PayPal or Stripe, and I prefer it this way because they are large companies with lots of cash to invest on top-shelf security.
What I Dislike About Payhip
As much as I like Payhip, it is far from perfect. Here are some things that I dislike about the ceremony and would like to see enhanced…
No Mobile App
One thing that bugs me about Payhip is that They do not have a app. It would be convenient to be able to start an app while I’m out and around, and have a look. The website isn’t even optimized for mobile devices, although you may log in to the website and do so.
I like Payhip, but that is a really Lousy look in 2018. There’s no reason you shouldn’t have a site optimized for mobile, and once you have that, you ought to be able to easily turn the site itself right into it’s own app so users don’t have to manually sign in every time they would like to check sales data. Users of Payhip encounter a platform when they’re on their mobile devices.
No Upsells or Add-Ons At Checkout
On the checkout page, I’d like to see an capability that is Extra to indicate Other products. If they are purchasing a package of logo templates for $5, I might offer a package of business card templates for a couple of bucks, or propose. This is something that sites like Amazon and VistaPrint do well.
I can’t help but feel as though there is 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 customer and the vendor.
Establish On A Fixed Timezone
This one is largely frivolous, but I Like to see it corrected.
Since Payhip is located in London, they’ve The timezone for the site set to BST. Since I’m found in the EST, I’ll sometimes check my stats at 7PM or afterwards and see that I left 0 sales for the day because Payhip believes it’s midnight and its data reveals that.
Again, this is mostly a non-issue, but I Would love to observe that the capability to adjust the site. Sell Digital Currency Canada
More Flexibility with Coupon Codes
I know I raved about the voucher It’s not perfect, although code feature earlier.
As it currently stands, the only promotion You’re able to run through a voucher code. Ideally, I’d like to be able to offer a dollar amount from the original cost, or the ability to set a sale price that is specified.
At the moment, if I want to put a product Available for $10, I must break out the calculator and manually do the math to determine what percent off will render the final price. I think this is unnecessary and could be made better.
When creating A brand new product in Payhip, you also have access to innovative alternatives which include —
- Make your merchandise personal.
- Insert an ISBN (Internation Standard Book Number) for your eBook.
- Upload a preview or sample pages.
- To how many copies of eBook or your product can be, add a limit amount sold.
- Create a license key that is unique for all your product/eBook revenue.
How much does this cost?
Payhip will Cost you or even host your products. The site takes just 5 percent commission per transaction fee.
Would I Recommend Payhip?
This leaves us with the burning question: after two years as a seller on Payhip, would you recommend it? Overall, yes. I am very much a satisfied client, but whether or not you should use it depends upon your situation.
If you’re a new blogger with a small audience And you can’t justify spending $10+ per month to get something such as Gumroad, then yes, I would recommend Payhip. In case you know you’ll be doing at least $ 1,000 in sales each month and market a product that is high-ticket or have a huge audience, you may want to look into something.
As of the date of this writing, Payhip works On a set fee of 5 percent of every sale. Gumroad’s fee is currently 3.5% + $0.30 per transaction + $10 per month.
If you are going to be promoting less than $1,000 per month in total quantity, the math should (typically ) prefer Payhip. But if you’re selling well into the thousands, you’ll probably want to go with Gumroad or start looking into another alternative. This is dependent on how many transactions it takes to achieve those sales numbers though, so make certain to crunch the numbers for yourself.
Personally, I absolutely love the Payhip Experience and am really thankful for their solutions. I want to see them continue to grow and succeed. Sell Digital Currency Canada