Intro Sell Digital Goods Ebay
Of all the ways of Creating content, my favorite method is Such as studying materials and design templates, to create and sell electronic products. I’ve discovered that it is extraordinarily more profitable than running ads from networks like AdSense, and products convert at a much greater rate compared to an affiliate product that someone else created. The support I use to ease this can be Payhip, and in this article I’ll be discussing what I both like and dislike about the service based in my Payhip expertise for a vendor for two + years. Sell Digital Goods Ebay
My Payhip Expertise
If you wanted to market digital products Through your own website, you’ll need a way to facilitate trades — some kind of infrastructure which will enable a customer to select your goods, cover it, and also have it instantaneously delivered to them with complete hands-off automation. Payhip solves this issue.
Payhip is An that gives users with options and the simplest tools for promoting electronic products to their clients and hosting online.
The company Was co-founded by Abs Farah and Kahin Farah and is now based in my capital city of London.
What are the advantages of using Payhip?
Each online Platform is different, and I have used a few of these in the past.
For me personally, having A stage that is really simple to use and one that does not require a massive amount of my valuable time is of utmost significance.
Payhip will Save you a great deal of time also 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 site takes zero fees asides From 5 percent per trade when you sell a product that is digital.
- Access to analytics accounts.
- Access to marketing tools. You have the option to make Coupons and societal discounts.
- Ability to signup, handle and reward your affiliates.
- Access to product sharing programs . Plus you can embed Purchase and your product Now buttons directly on your own site or blog.
- The ability to setup mailing lists so that your customers can Subscribe and stay up to date with your electronic goods, and much more.
- Immediate digital product shipping via email link for customers.
What I Enjoy About Payhip
Let’s get to the information. After my 2+ year Payhip experience, Here Is What I really like about the ceremony…
Payments Are Instantaneous
Payhip let’s your customers pay with PayPal Or by credit/debit card with Stripe, plus they do not pay out monthly/weekly/quarterly or force you to wait for them to clear some sort of holding period. When a customer makes a purchase, the money is immediately available in your accounts, and in case you have the PayPal and also Stripe programs installed on your mobile device, you are going to get notifications whenever a sale happens. Sell Digital Goods Ebay
I happen to appreciate this. The excitement of Seeing a brand new sale never gets older. In addition, it is great to awake in the morning, reach to your telephone, and see that you made X number of dollars while you were sleeping, and it’s all easily available for you to spend. The only caveat to this is Stripe. If your customers pays by card with Stripe, there will be a three day hold before the money is available. This is Stripe however — Payhip doesn’t hold your cash in any way.
No Monthly Charges
One of those things that Payhip originally sold me is that there’s no Monthly charges or setup charges — just a simple flat fee of 5 percent per purchase .
This was appealing to me back Since, at the moment, my readership was 1/10th of what it is now, and I wasn’t positive that 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 little crowd, Payhip was the no-risk solution that best match my scenario.
Simple To Know Analytics
Payhip’s back end Provides an page That lets you view transactions and earnings amounts relative to the day, month, week, year, or any other specified range. On top of that, it’s a really straightforward and to-the-point report.
If you have ever used Google Analytics or Facebook analytics, the number of information you’re instantly smacked in the face can be a bit overwhelming, and lots of it’s largely 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 encounter is Promotions to conduct by producing coupon codes.
The codes can be for any percentage you would Like and for any (or all) products. They could run for whatever length you want (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 helpful. Occasionally I will run a weekend marketing, place it on Facebook boost the post targeting a pixel audience and I don’t fail to go ROI positive by it. People do respond well to limited time offers. Sell Digital Goods Ebay
Your Own Affiliate Program
Payhip gives you the capability Readers register as an affiliate of your shop, and you can grant someone buys a product using their customized affiliate link.
This is useful because it allows people To market your products for you, the commissions paid will be well worth it and if they have a stage and an audience of their own they can tap into.
Easy Integration with Email Marketing
You’ll be, if you are into advertising Able to integrate Payhip with your email marketing supplier that is preferred so that whenever a purchase is made, the buyer’s email address can be added into a list.
That is relatively small but I think it’s Pretty cool so I wish to give it a mention — if you so desire, you can have Payhip postage the purchaser’s email address into the upper left corner of each page of a PDF document they’ve purchased.
So if someone plans to buy your PDF Book make it publicly accessible for free they’ll have to be okay with their email address being publicly accessible also. I believe that is a really creative way of deterring pirating.
Upload Most Sorts of Files
Payhip isn’t just a market for ebooks — It’s possible to upload any sort of digital file. Font files, video/audio files, photographs, software, etc..
Total Simplicity and Modern Design
One thing that can not be overlooked whenever You’re selling something is your website looks. People generally do not trust myself included. If a website looks like it has not been updated since the net 2.0 times, then I start to wonder if perhaps I’m in an abandoned building and putting my payment info into it would pretty much be just like throwing my money into a black hole.
That’s not the case with Payhip though. The Website has a design that is easy and very modern. This is what you would anticipate a checkout page by a business to appear like, In the event that you should buy a product on the internet. Sell Digital Goods Ebay
Another thing that I enjoy about Payhip is its In general simplicity. From the second a visitor lands on your product page, Payhip stays out of the way. They display your images, sales copy, and just the crucial info (like price.) They do nothing to interfere with your sale — no.
Eventually, what I really enjoy about Payhip is That they don’t store customer payment information, meaning your clients’ payment details are secure. The payment is managed through PayPal or Stripe, and I prefer it that way because they are big, successful 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 ceremony and would like to see enhanced…
No Mobile App
1 thing that bugs me about Payhip is that They do not have a mobile app. It would be convenient to be able to start an app and take a look while I am out and about. The website isn’t even optimized for mobile devices, although you may log in to the site and do this.
I like Payhip, but this is a really Lousy look in 2018. There’s no reason you shouldn’t have a site optimized for mobile, and once you’ve got that, you ought to be able to easily turn the website itself into it’s own program so users do not need to manually register in each time they would like to inspect sales data. Permit users of Payhip encounter a platform when they are on their devices.
No Upsells or Add-Ons At Checkout
On the checkout page, I’d like to see an capability to suggest Other products similar to what the customer is about to purchase. By way of example, if they are purchasing a package of templates for $5, I might provide a package of business card templates or suggest some other similar product that may interest them they previously didn’t know about. This is something that websites like Amazon and VistaPrint do quite well.
I can’t help but feel like there’s a Great Deal of money being left on the Table — for myself and Payhip — without this operation. This could improve the Payhip encounter for both the vendor and the customer.
Establish On A Fixed Timezone
This one is frivolous, but I had still Prefer to see it corrected.
Considering that Payhip is located in London, they’ve BST was place to by The functioning timezone for the entire website. Since I’m located in the EST, I’ll occasionally check my stats at 7PM or later and see that I made 0 sales for the day since Payhip thinks it’s midnight and its own data reveals that.
This is a non-issue, however I Would love to see the capability to correct the site to your timezone. Sell Digital Goods Ebay
More Flexibility with Coupon Codes
I know I raved about the coupon It is not perfect, although Code attribute earlier.
As it currently stands, the only promotion You can run via a coupon code. I’d like to be able to supply a dollar amount to set a sale price that is specified.
At the moment, if I Need to put a product Available for $10, I must break out the calculator and do the math to figure out what percent off would render the final price at $10. I think that is unnecessary and could be made better.
When creating A new product in Payhip, you have access to advanced options including —
- Make your merchandise private.
- Insert an ISBN (Internation Standard Book Number) to your eBook.
- Publish sample pages or a preview.
- Insert a limitation amount to the number of copies of eBook or your product can be sold.
- Generate a license key that is exceptional .
Just how much does it cost?
Payhip will Cost you nothing or even host your electronic products. The site takes just 5% commission per trade fee.
Would I Recommend Payhip?
This leaves us with the burning question: after two years as a seller on Payhip, would you recommend it? Total, yes. I am a client, but whether or not you ought to use it depends on your situation.
If you are a new blogger with a small audience And you can not justify spending $10+ per month to get something such as Gumroad, then yes, I would absolutely recommend Payhip. But if you know you’ll do at least $ 1,000 in sales every month and market a merchandise or have a massive audience, you might want to check into something most cost effective.
As of the date of this writing, Payhip works On a set fee of 5% of every sale. Gumroad’s fee is currently 3.5% + $0.30 per transaction + $10 a month.
If you’re going to be promoting less than $1,000 a month in total quantity, the mathematics should (in most cases) prefer Payhip. But if you are selling into the thousands, you are probably going to want to decide on Gumroad or look into some alternative. That is largely dependent on the number of transactions it takes to reach those sales numbers, however, so make sure to crunch the numbers.
Personally, I absolutely love the Payhip Experience and am really grateful for their solutions. I want to see them continue to grow and succeed. Sell Digital Goods Ebay