Background Sell Digital Goods On Ebay
Of All of the ways of Creating Articles, my method is To create and sell digital products. I have found that it is extraordinarily more profitable than running ads from networks such as AdSense, and self-made products convert at a significantly greater rate than an affiliate product that someone else created. The service I use to ease this can be Payhip, and this article I will be discussing what I like and dislike about the ceremony based in my Payhip expertise for a seller for 2+ years. Sell Digital Goods On Ebay
My Payhip Experience
If you wanted to sell digital products Through your own website, you’ll need a means to facilitate trades — some kind of infrastructure which will enable a customer to select your product, cover it, and also have it instantaneously delivered to them with whole hands-off automation. Payhip solves this issue.
Payhip is An that gives users with options and the tools for selling digital products directly to their customers and hosting online.
The Provider Was co-founded by Abs Farah and Kahin Farah and is now based in my capital city of London.
What are the advantages of utilizing Payhip?
Each online Platform differs, and I’ve used a few of these in the past.
For me, having A stage that is easy to use and one that does not require a huge amount of my time is of utmost importance.
Payhip will Save a lot of time because everything is taken care of on the Payhip platform.
The Benefits that I’ve gained the most from using Payhip comprise –
- EU VAT is cared for, which is a huge plus in my book.
- Affordable. The site takes zero fees asides From 5% per transaction when you sell a item.
- Accessibility to analytics accounts.
- Access to marketing tools. You have the option to make Social and coupons discounts.
- Ability to signup, handle and reward your own affiliates.
- Access to merchandise sharing tools. Plus it is possible to embed Purchase and your merchandise Now buttons on your website or blog.
- The ability to setup mailing lists so that your customers can Subscribe and remain up to date with your electronic products, and more.
- Immediate digital merchandise shipping via email link to buyers.
What I Like About Payhip
Let us get to the information. Following my 2+ year Payhip expertise, here’s what I really like about the ceremony…
Payments Are Instantaneous
Payhip let’s your customers pay with PayPal Or from credit/debit card using Stripe, plus they don’t cover monthly/weekly/quarterly or make you wait for them to clear some kind of holding period. When a client makes a purchase, the cash is instantly available in your accounts, and in case you have the PayPal and Stripe programs installed on your mobile device, you are going to get notifications whenever a sale occurs. Sell Digital Goods On Ebay
I happen to appreciate this. The excitement of Seeing a sale never gets old. It’s also good to wake up in the morning, reach to your phone, and see you made X number of dollars while you were sleeping, and it is 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 until the money is available. That is all Stripe however — Payhip does not hold your money at all.
No Monthly Charges
Among those things that Payhip initially sold me is that there is no Monthly fees or setup charges — just a simple flat fee of 5 percent per purchase .
This was appealing to me back in 2016 Because, at the moment, my readership was 1/10th of what it is now, and I wasn’t positive I was going 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 quickest solution that best match my scenario.
Simple To Understand Analytics
Payhip’s back end Provides an page That enables you to view trades and earnings quantities relative to this day, week, month, year, or any other specified selection. On top of that, it is a simple and to-the-point report.
If you used Google Analytics or Facebook analytics, the amount of information you’re immediately smacked in the face with can be somewhat overwhelming, and lots of it’s largely useless too. Payhip just gives you what you’re there to see — revenue information. Nothing more, nothing less.
Run Promotions with Coupon Codes
Another benefit users of Payhip encounter is The ability to run promotions.
The codes can be for any percentage you would Like and for any (or all) products. They could run for any duration you’d like (or even indefinitely,) and the code itself can even be customized to whatever series of text you desire.
I have found this to be very 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 Goods On Ebay
Your Own Affiliate Program
Payhip gives you the capability Readers sign up as an affiliate of your shop, and if someone buys a product you are able to grant.
This is useful since it allows people To sell your products the commissions paid will be well worthwhile and if they have a platform and an audience of their own they can tap to.
Easy Integration with Email Marketing
If you’re into marketing, you’ll be Able to incorporate Payhip along with your email marketing supplier that is preferred so that if a sale is made, the buyer’s email address could be added to a selected listing.
That is relatively minor but I think it’s Pretty cool so I wish to give it a mention — if you so desire, you’ll have Payhip postage the buyer’s email address into the top left corner of every page of a PDF document they’ve bought.
So if someone intends to buy your PDF Publication subsequently make it publicly available for free they’ll have to be fine with their private email address being available also. I think that’s a way of deterring pirating.
Upload Most Sorts of Files
Payhip is a market for ebooks — It’s possible to upload any sort of file. Font files, video/audio documents, photographs, software, etc..
Total Simplicity and Modern Design
1 thing that can’t be overlooked whenever You’re selling something is your website appears. Individuals do not trust myself included. If a site looks like it hasn’t been updated because the net 2.0 times, then I start to wonder if maybe I am in an abandoned building and placing my payment information to it would pretty much be just like throwing my money into a black hole.
That’s not the case with Payhip though. The Site has a very modern and simple layout. This is exactly what you would expect a checkout page by a trustworthy business In the event that you were to purchase a digital merchandise on the world wide web. Sell Digital Goods On Ebay
Another thing that I like about Payhip is its Overall simplicity. From the a visitor lands on your product page, Payhip stays out of the way. They display your images, sales copy, and only the crucial info (such as price.) They do nothing to interfere with your purchase — no.
Finally, what I enjoy about Payhip is That customer payment information isn’t stored by them, meaning that your clients’ payment details are secure. The payment is handled through Stripe or PayPal, and I prefer it this way as they’re successful companies with a lot of cash to invest on 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 ceremony and would like to see improved…
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 open an app while I am out and about and take a look. You can log into the website and do so, but the site isn’t optimized for mobile devices.
I like Payhip, but that is a really Bad look in 2018. There’s no reason you should not have a website optimized for cellular, and when you have that, you should be able to easily turn the website itself into it’s own program so users don’t need to manually sign in every time they would like to check sales information. Users of Payhip encounter a platform when they’re on their devices.
No Upsells or Add-Ons In Checkout
On the checkout page, I would like to see an added capability to suggest Other products similar to what the customer is going to purchase. If they’re purchasing a package of templates for $5, I might offer a package of business card templates or suggest some other product which could interest them they previously didn’t know about. This is something that sites like Amazon and VistaPrint do.
I can’t help but feel like there’s a Great Deal of money being left on the Table — for both myself and Payhip — with no operation. This may enhance the Payhip encounter for both the client and the vendor.
Establish On A Fixed Timezone
This one is frivolous, but I had still Prefer to see it fixed.
Considering that Payhip is located at London, they have The functioning timezone for the whole site place to BST. Since I am found in the EST, I’ll occasionally check my analytics at 7PM or afterwards and see that I left 0 earnings for the day since Payhip thinks it is midnight and its data reflects that.
Again, this is largely a non-issue, however I Would love to see the ability to correct the site to your timezone. Sell Digital Goods On Ebay
More Flexibility with Coupon Codes
I know I raved about the coupon Code feature earlier, but it is not quite perfect.
As it now stands, the promotion You can run through a coupon code is to get a percent off. Ideally, I’d love to have the ability to offer a dollar amount to set a predetermined sale price.
Right Now, if I Need to put a merchandise On sale for $10, manually do the math to determine what percent off would render the cost and I must break out the calculator. I believe this is unnecessary and could be made better.
When creating A brand new product in Payhip, you have access to advanced options which include —
- Make your product personal.
- Insert an ISBN (Internation Standard Book Number) to your eBook.
- Upload a preview or sample pages.
- To how many copies of market or your product could be, Insert a limitation amount sold.
- Generate a unique license key for each of your product/eBook sales.
Just how much does this cost?
Payhip will Cost you nothing to establish or even host your products. The website takes only 5 percent 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 client, but whether or not you ought to use it depends on your own situation.
If you’re a 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. If you know you’ll do at least $ 1,000 in sales every month and sell a merchandise that is high-ticket or have a massive audience, you might want to look into something most cost effective.
As of the date of the writing, Payhip functions On a set fee of 5 percent of each sale. Gumroad’s fee is now 3.5% + $0.30 per transaction + $10 a month.
If you’re going to be promoting $1,000 a month in total volume, the mathematics should (typically ) favor Payhip. But if you are selling well into the thousands, you’ll probably want to decide on Gumroad or look into some choice. This is all dependent on the number of transactions it takes to reach those sales numbers though, so make certain to crunch the numbers.
Personally, I love the Payhip Expertise and am very thankful for their services. I would like to see them continue to grow and succeed. Sell Digital Goods On Ebay