Background Sell Digital Files On Etsy
Of All of the ways of monetizing blog content, my favorite method is Such as studying design templates and materials, to make and sell products. I have discovered that it is extraordinarily more profitable than running ads and self explanatory products convert at a much greater rate than an affiliate product that someone else created. The support I use to facilitate this can be Payhip, and in this article I will be sharing what I both like and dislike about the service based on my Payhip experience for a seller for two + years. Sell Digital Files On Etsy
My Payhip Experience
If you have ever wanted to market products Through your own website, you are going to want a way to facilitate transactions — some kind of infrastructure that will allow a client to select your goods, pay for it, and have it instantaneously delivered to them with whole hands-off automation. Payhip solves this issue.
Payhip is An e-commerce platform/website that gives customers with the simplest tools and options for hosting and promoting products to their clients online.
The Provider 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 have used a few of them in the past.
For me personally, having A stage that is so simple to use and one that doesn’t take a huge amount of my time is of utmost 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 using Payhip comprise –
- EU VAT is cared for, which can be a big plus in my book.
- Affordable. The website takes zero charges asides From 5% per trade when you sell a item.
- Accessibility to analytics reports.
- Access to advertising tools. You have the option to make Coupons and societal discounts.
- Capability to signup, manage and reward your affiliates.
- Access to merchandise sharing tools. Plus it is possible to embed Buy and your product Now buttons on your site or blog.
- The Capacity to set mailing lists so that your customers can Subscribe and stay up to date with your electronic products, and more.
- Instant digital product shipping via email link for buyers.
What I Enjoy About Payhip
Let’s get to the details. After my two year Payhip expertise, here’s what I really like about the service…
Upgrades Are Instantaneous
Payhip let us your customers pay with PayPal Or by credit/debit card using Stripe, plus they do not pay out monthly/weekly/quarterly or force you to wait for them to clear some kind of holding period. When a customer makes a purchase, the money is immediately available on your accounts, and if you’ve got the PayPal and Stripe apps installed on your mobile device, you’ll receive notifications each time a sale occurs. Sell Digital Files On Etsy
I happen to appreciate this. The excitement of Seeing a brand new sale never gets older. It’s also good to awake in the morning, reach for your phone, and also see you made X number of dollars while you’re sleeping, and it is all easily available for you to spend. The only caveat to this is Stripe. If your customers pays by card using Stripe, there’ll be a 3 day hold until the cash is available. That is Stripe though — Payhip does not hold your cash in any way.
No Monthly Charges
One of those things that Payhip initially sold me on is that there is no Monthly fees or setup charges — just a simple flat charge of 5 percent per purchase .
This was attractive to me back in 2016 Since, at the moment, my readership was 1/10th of what it is now, and I was not positive I was likely to consistently sell enough product to justify paying a monthly fee for a similar service such as Gumroad. As a relatively new blogger having a little audience, Payhip was the no-risk solution that best fit my situation.
Simple To Understand Analytics
Payhip’s back end Provides an analytics page That lets you see trades and earnings amounts relative to this day, month, week, year, or some other given selection. Best of all, it’s a report that is straightforward and to-the-point.
If you used Google Analytics or Facebook analytics, the amount of information you are instantly smacked in the face can be a bit overwhelming, and a lot of it is mostly useless too. Payhip just provides you what you’re there to see — sales data. Nothing more, nothing less.
Run Promotions with Coupon Codes
Another advantage users of Payhip encounter is By creating coupon codes promotions to conduct.
The codes can be Enjoy and for any (or all) products. They could run for whatever length you want (or even permanently,) along with the code itself may even be customized to whatever string of text you would like.
I have found this to be very useful. Sometimes I will conduct a weekend marketing, place it on Facebook raise the post targeting a pixel audience and I never fail to go ROI positive by it. People do respond well to limited time offers. Sell Digital Files On Etsy
Your Own Affiliate Program
Payhip gives you the ability Readers sign up as an affiliate of your store, and someone purchases a product using their custom affiliate link, you are able to grant them a commission of whatever percent you’d like.
This is useful because it allows Men and Women To market your merchandise the commissions paid will be worthwhile and if they have an audience of their own and a platform that they can tap to.
Easy Integration with Email Marketing
You will be, if you’re into advertising Able to integrate Payhip along with your email advertising supplier so that if a sale is made, the buyer’s email address can be added into a list that is chosen.
This is small but I think it’s Pretty cool so I want to give it a reference — if you so desire, you can have Payhip stamp the purchaser’s email address into the upper left corner of every page of a PDF document they have bought.
So if someone intends to Purchase Your PDF Publication make it publicly accessible for free somewhere else, they’ll have to be okay with their private email address being available. I believe that’s a means of deterring pirating.
Upload Many Sorts of Files
Payhip isn’t Only a market for ebooks — It’s possible to upload any sort of file. Font files, video/audio documents, photos, software, etc..
Overall Simplicity and Modern Design
One thing that can not be overlooked whenever You are selling something is your website looks. People generally do not trust sites which look outdated, myself included. If a website looks like it has not been upgraded because the net 2.0 times, then I begin to wonder if maybe I am in an abandoned building and placing my payment information into it’d pretty much be like throwing my money into a black hole.
That is not the case with Payhip though. The Website has a very contemporary and simple design. This is exactly what you would anticipate a checkout page by a business In the event that you should purchase a product on the internet. Sell Digital Files On Etsy
Another thing I like about Payhip is its In general simplicity. In the a visitor lands on your product page, Payhip stays out of the way. They display your images, sales copy, and just the critical info (like price.) They do nothing to interfere with your purchase — no.
Eventually, what I really like about Payhip is That they do not store customer payment info, meaning your customers’ payment details are safe. The payment is managed through Stripe or PayPal, and I prefer it that way because they are large, successful companies with a lot of cash to invest on top-shelf 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 service and would like to see improved…
No Mobile App
One thing that bugs me around Payhip is that They do not have a mobile app. It would be convenient to be able to start an app while I am out and about and have a look during my sales data. You do so and may log into the site, but the website is optimized for mobile devices.
I like Payhip, but that is a really Lousy look in 2018. There’s no reason you shouldn’t have a website optimized for mobile, and once you’ve got that, you ought to be able to easily turn the site itself right into it’s own program so users don’t need to manually sign in each time they would like to check sales data. Let users of Payhip encounter a much better 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 added ability to suggest Other products similar to what the customer is about to purchase. If they’re purchasing a package of logo templates for $5, then I propose, or might offer a package of business card templates for a few added bucks. This is something that sites like VistaPrint and Amazon do quite well.
I can’t help but feel like there’s a Great Deal of money Table — for myself and Payhip — with no functionality. This could improve the Payhip encounter for both the seller and the customer.
Set On A Fixed Timezone
This one is frivolous, but I Prefer to see it fixed.
Considering that Payhip is located in London, they’ve BST was set to by the timezone for the entire website. Since I am located 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 own data reveals that.
This is mostly a non-issue, however I Would love to observe that the capability to adjust the website to your timezone. Sell Digital Files On Etsy
More Flexibility with Coupon Codes
I know I raved about the coupon Code feature but it is not perfect yet.
As it now stands, the promotion You can run via a voucher code is to get a percentage off. I’d like to be able to offer a dollar amount from the price, or the ability to set a sale price.
At the moment, if I want to put a product that is $27 Available for $10, do the math to determine what percentage off will leave the final price and I have to break out the calculator. I believe this is unnecessary and could be improved.
When creating A new product in Payhip, you also have access to advanced alternatives which include —
- Make your product personal.
- Add an ISBN (Internation Standard Book Number) for your eBook.
- Upload sample pages or a few preview.
- To the number of copies of your product or eBook can be Insert a limit amount sold.
- Generate a license key .
Just how much does this cost?
Payhip will Cost you to set up or host your digital products. The website takes just 5% commission per transaction fee.
Can I Recommend Payhip?
This leaves us with the burning question: after two + years as a vendor on Payhip, do you recommend it? Overall, yes. I am very much a customer, but whether you ought to use it depends on your situation.
If you’re a new blogger with a small audience And you can not justify spending $10+ a month for something like Gumroad, then yes, I would absolutely recommend Payhip. However, if you know you’ll do at least $ 1,000 in sales each month and market a merchandise or have a huge audience, you may want to look into something.
As of this date of the writing, Payhip functions On a flat fee of 5 percent of each sale. Gumroad’s fee is currently 3.5% + $0.30 per transaction + $10 per month.
If you’re going to be selling less than $1,000 per month in total volume, the math 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 start looking into some other alternative. This is mostly dependent on the number of transactions it takes to achieve those sales numbers so be sure to crunch the numbers for yourself.
Personally, I absolutely love the Payhip Experience and am very grateful for their services. I want to see them continue to grow and succeed. Sell Digital Files On Etsy