Background Sell Digital Gift Cards
Of All of the ways of Creating Articles that is blog, my favorite Strategy is Like learning materials and design templates to make and sell electronic products. I’ve found that it is extraordinarily rewarding than running ads from networks like AdSense, and self-made products convert at a higher speed than an affiliate product that somebody else created. The support I use to facilitate this is Payhip, and in this article I’ll be sharing what I like and dislike about the ceremony based in my Payhip expertise as a seller for 2+ years. Sell Digital Gift Cards
My Payhip Experience
If you wanted to market digital products Through your own website, you are going to want a means to facilitate transactions — some sort of infrastructure that will allow a customer to select your goods, cover 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 customers with the easiest tools and solutions for promoting electronic products straight to their customers and hosting online.
The company Was co-founded by Abs Farah and Kahin Farah and is currently based in my capital city of London.
Which are the advantages of using Payhip?
Each online Platform differs, and I have used a few of them previously.
For me, having A stage that is really easy to use and one that does not take a massive amount of my valuable time is of utmost importance.
Payhip will Save you a great deal of time because everything is cared for on the Payhip platform.
The Benefits that I’ve gained the most from using Payhip comprise –
- EU VAT is taken care of, and it is a big plus in my book.
- Affordable. The website takes zero charges asides From 5% per trade when you sell a digital item.
- Access to analytics reports.
- Access to marketing tools. You have the option to make Social and coupons discounts.
- Ability to signup, manage and reward your affiliates.
- Access to merchandise sharing programs . Plus you can embed Buy and your product Now buttons directly on your site or blog.
- The ability to setup mailing lists so that your clients can Subscribe and remain current with your digital goods, and much more.
- Instant digital product delivery via email link for buyers.
What I Like About Payhip
Let’s get to the information. Following my two + year Payhip expertise, Here Is What I really like about the service…
Payments Are Instantaneous
Payhip let’s your customers pay with PayPal Or from credit/debit card with Stripe, plus they do not cover monthly/weekly/quarterly or force you to wait for them to clean some kind of holding period. When a customer makes a purchase, the cash is immediately available in your account, and in case you’ve got the PayPal and also Stripe programs installed on your mobile device, you’ll get notifications whenever a sale happens. Sell Digital Gift Cards
I happen to appreciate this. The excitement of Seeing a sale never gets old. It’s also good to awake in the morning, reach to your telephone, and also see you made X amount of dollars while you’re sleeping, and it’s all readily available for you to spend. The caveat to this is Stripe. If your customers pays by card using Stripe, there will be a three day hold before the money is available. This is all Stripe though — Payhip doesn’t hold your money at all.
No Monthly Fees
Among those things that Payhip originally sold me on is that there is no Monthly fees or installation charges — just a simple flat charge of 5 percent per sale.
This was attractive to me in 2016 Because, at the moment, my readership was less than 1/10th of what it is now, and that I wasn’t positive I was going to consistently sell enough product to warrant paying a monthly fee to get a similar service like Gumroad. As a relatively new blogger with a small crowd, Payhip was the no-risk solution that best fit my scenario.
Easy To Understand Analytics
Payhip’s back end Provides an page That lets you view transactions and earnings quantities relative to the day, week, month, year, or any other specified selection. On top of that, it is a report that is to-the-point and simple.
If you used Google Analytics or Facebook analytics, the number of information you are immediately smacked in the face can be a bit overwhelming, and a lot of it is largely useless too. Payhip just provides you exactly what you are there to view — revenue data. Nothing more, nothing less.
Run Promotions with Coupon Codes
Another advantage users of Payhip encounter is By producing coupon codes promotions to run.
The codes may be Enjoy and for any (or all) products. They can run for whatever duration you’d like (or even permanently,) and the code itself can even be customized to whatever string of text you would like.
I’ve found this to be useful. Sometimes I will run a weekend promotion, place it on Facebook raise the post targeting a pixel audience that is re-marketing and I don’t fail to go ROI positive by it. People do respond well to limited time offers. Sell Digital Gift Cards
Your Own Affiliate Program
Payhip gives you the ability Readers sign up as an affiliate of your store, and you can award them a commission of whatever percent you would like someone buys a product with their custom affiliate link.
This is useful because it allows people To market your products the commissions paid will be well worthwhile and should they have an audience of their own and a stage 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 provider so that whenever a sale is made, the email address of the purchaser can be added into a list that is selected.
That is small but I think it’s Pretty cool so I wish to give it a reference — if you desire, you can have Payhip stamp the buyer’s email address into the upper left corner of each page of a PDF document they have purchased.
So if someone intends to buy your PDF Publication make it available for free they’ll have to be okay with their email address being publicly accessible also. I think that is a way of deterring pirating.
Upload Most Sorts of Files
Payhip is a marketplace for ebooks — You can upload any kind of file. Font files, video/audio documents, photos, software, etc..
Overall Simplicity and Modern Design
One thing that can’t be overlooked whenever You are selling something is your site appears. Individuals don’t trust myself included. If a website looks like it hasn’t been upgraded since the web 2.0 times, then I begin to wonder if perhaps I am in an abandoned building and placing my payment info to it’d pretty much be just like throwing my money into a black hole.
That’s not the case with Payhip though. The Site has a design. This is what you would anticipate a checkout page from a company In the event that you should buy a merchandise on the world wide web. Sell Digital Gift Cards
Another thing that I like about Payhip is its own Overall simplicity. From the very second a visitor lands on your product page, Payhip remains out of the way. They display your graphics, sales copy, and only the critical info (like price.) They do nothing to interfere with your sale — no.
Finally, what I really enjoy about Payhip is That customer payment information isn’t stored by them, meaning your clients’ payment details are secure. The payment is handled through Stripe or PayPal, and I prefer it that way because they’re large, successful companies with lots of cash.
What I Dislike About Payhip
As much as I enjoy Payhip, it’s far from perfect. Here are some items that I dislike about the service 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 have the ability to start an app while I am out and around, and take a look during my data. The website isn’t even optimized for mobile devices, although you do this and may log in to the website.
I enjoy Payhip, but that is a really Bad appearance in 2018. There is no reason you shouldn’t have a site optimized for cellular, and when you have that, you should be able to easily turn the website itself into it’s own app so users don’t have to manually sign in every time they would like to inspect sales data. Let users of Payhip encounter a better platform when they’re on their devices.
No Upsells or Add-Ons At Checkout
On the checkout page, I would really like to see an Extra capability to indicate Other products. By way of example, if they’re buying a bundle of templates for $5, I might offer a bundle of business card templates or suggest some other similar product which may interest them they didn’t know about. This is something which sites like Amazon and VistaPrint do well.
I can not help but feel like there’s a Great Deal of money being left on the Table — for myself and Payhip — without this operation. This may improve the Payhip encounter for both the vendor and the client.
Set On A Fixed Timezone
This one is frivolous, but I had still Prefer to see it fixed.
Considering that Payhip is located in London, they’ve The working timezone for the whole site place to BST. Since I am found in the EST, I’ll sometimes check my analytics at 7PM or afterwards and see that I made 0 earnings for the day because Payhip believes it is midnight and its data reflects that.
This is a non-issue, however I Would love to see the ability to correct the site to your timezone. Sell Digital Gift Cards
More Flexibility with Coupon Codes
I know I raved about the coupon It’s not perfect yet, although Code attribute earlier.
As it stands, the sole promotion You’re able to run via a coupon code. Ideally, I’d like to have the ability to supply a dollar amount to set a sale price.
At the moment, if I want to put a $27 merchandise On sale for $10, manually do the math to determine what percentage off would render the last price at $10 and I have to break out the calculator. I believe this is unnecessary and may be made better.
When creating A brand new product in Payhip, you also have access to innovative alternatives including —
- Make your merchandise private.
- Add an ISBN (Internation Standard Book Number) to your eBook.
- Upload a preview or sample pages.
- To the number of copies of eBook or your product could be, Insert a limitation amount sold.
- Create a license key that is exceptional for each of your product/eBook revenue.
How much does it cost?
Payhip will Cost you to establish or even host your products. The site takes just 5% commission per transaction fee.
Would I Recommend Payhip?
This leaves us with the burning question: after two years as a vendor on Payhip, do you recommend it? Total, yes. I am very much a satisfied 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+ per month for something such as Gumroad, then yes, I would absolutely recommend Payhip. In case you market a merchandise that is high-ticket or have a huge audience and know you’ll be doing at least $ 1,000 in sales each month, you may want to look into something most cost-efficient.
As of this date of the writing, Payhip functions On a flat fee of 5% of every sale. Gumroad’s fee is now 3.5% + $0.30 per transaction + $10 a month.
If you are going to be selling $1,000 per month in total quantity, the math should (typically ) prefer Payhip. But if you’re selling into the thousands, you need to go with Gumroad or look into another alternative. This is 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 Expertise and am really grateful for their solutions. I want to see them continue to grow and succeed. Sell Digital Gift Cards