Background Sell Digital Goods On Facebook
Of All of the ways of Creating blog Articles, my favorite Strategy is Like studying design templates and materials, to create and sell digital products. I’ve discovered that it is extraordinarily profitable than running ads and products convert at a significantly greater speed compared to an affiliate product that somebody else created. The support I use to facilitate this is Payhip, and this post I will be discussing what I both like and dislike about the ceremony based in my Payhip experience as a vendor for 2+ years. Sell Digital Goods On Facebook
My Payhip Experience
If you’ve ever wanted to sell products Through your own website, you are going to want a means to facilitate transactions — some kind of infrastructure which will enable a customer to select your goods, pay for it, and also have it instantaneously delivered to them with whole hands-off automation. Payhip solves this issue.
What is Payhip?
Payhip is An e-commerce platform/website that provides customers with the simplest tools and solutions for hosting and promoting products to their clients online.
The Provider Was co-founded by Abs Farah and Kahin Farah and is currently based in my capital city of London.
What are the advantages of utilizing Payhip?
Each online Platform is different, and I’ve used a couple of these in the past.
For me, having A stage that is so simple to use and one that does not take a massive amount of my precious time is of paramount importance.
Payhip will Save you a great deal of time because everything is taken care of on the Payhip platform.
The Benefits that I’ve gained the most from utilizing Payhip comprise –
- EU VAT is taken care of, which is a big plus in my book.
- Affordable. The site takes zero charges asides From 5% per transaction when you sell a digital product.
- Accessibility to analytics reports.
- Access to advertising tools. You have the option to make Social and coupons discounts.
- Ability to signup, manage and reward your own affiliates.
- Access to product sharing tools. Plus you can embed Your merchandise and Buy Now buttons directly on your website or blog.
- The Capacity to setup mailing lists so that your clients can Subscribe and stay current with your digital goods, and much more.
- Instant digital merchandise delivery via email link to buyers.
What I Enjoy About Payhip
Let’s get to the information. After my 2 year Payhip expertise, here’s what I really like about the ceremony…
Upgrades Are Instantaneous
Payhip let’s your customers pay with PayPal Or from credit/debit card using Stripe, and they do not cover monthly/weekly/quarterly or make you wait around for them to clean some kind of holding period. When a client makes a purchase, the cash is immediately available in your accounts, and in case you’ve got the PayPal and also Stripe apps installed on your mobile device, you are going to get notifications each time a sale occurs. Sell Digital Goods On Facebook
I happen to love this. The excitement of Seeing a sale that is brand new never gets older. In addition, it is great to awake in the morning, reach for your telephone, and also see that 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 until the cash is available. This is all Stripe though — Payhip does not hold your money in any way.
No Monthly Fees
One of those things that Payhip originally sold me on is that there is no Monthly fees or setup charges — just a simple flat charge of 5% per purchase .
This was appealing to me back in 2016 Since, at the moment, my readership was less than 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 to get a similar service such as Gumroad. As a relatively new blogger with a small crowd, Payhip was the no-risk solution that best fit my situation.
Simple To Understand Analytics
Payhip’s back end offers an page That lets you see transactions and earnings amounts relative to the day, month, week, year, or any other specified selection. On top of that, it is a report.
If you’ve ever used Google Analytics or Facebook analytics, the amount of information you’re immediately smacked in the face with can be somewhat overwhelming, and a lot of it is mostly useless also. Payhip just gives you exactly what you’re there to see — revenue data. Nothing more, nothing less.
Run Promotions with Coupon Codes
Another benefit users of Payhip experience is By creating coupon codes promotions to run.
The codes can be for any percentage you’d Enjoy and for any (or all) products. They can run for whatever duration you want (or even indefinitely,) and the code itself can even be customized to whatever series of text you desire.
I have found this to be somewhat helpful. Occasionally I will run a weekend marketing, place it on Facebook boost the article targeting a pixel re-marketing audience and I don’t fail to go ROI positive by it. People do respond well to limited time offers. Sell Digital Goods On Facebook
Your Own Affiliate Program
Payhip Provides you the ability Readers register as an affiliate of your store, and you are able to grant, someone buys a product using their customized affiliate link.
This is useful because it allows other people To sell your merchandise and should 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 are into email advertising Able to incorporate Payhip along with your preferred email advertising supplier so that if a purchase is made, the buyer’s email address could be added into a list that is chosen.
That is relatively small but I think it’s Pretty cool so I want to give it a mention — if you so desire, you’ll have Payhip postage the buyer’s email address into the upper left corner of every page of a PDF document they’ve purchased.
So if someone plans to Purchase Your PDF Book then make it publicly accessible for free they’ll need to be okay with their email address being accessible as well. I believe that’s a very creative means of deterring pirating.
Upload Many Kinds of Files
Payhip is a marketplace for ebooks — It’s possible to upload any sort of file. Font files, video/audio documents, photos, software, etc..
Total Simplicity and Modern Design
One thing that can not be overlooked whenever You are selling something is your website appears. People generally do not trust sites which look outdated, myself included. If a site looks like it has not been upgraded because the web 2.0 times, then I start to wonder if maybe I am in an abandoned building and placing my payment info to it would pretty much be like throwing my money into a black hole.
That’s not true with Payhip though. The Site has a layout that is easy and very modern. This is exactly what you would expect a checkout page by a business, In the event that you should buy a digital merchandise on the world wide web. Sell Digital Goods On Facebook
Another thing I enjoy about Payhip is its In general simplicity. From the very second a visitor lands on your product page, Payhip remains out of the way. They display your images, sales copy, and just the critical information (like price.) They do nothing to interfere with your purchase — no.
Finally, what I really enjoy about Payhip is That customer payment information isn’t stored by them, meaning that your customers’ payment details are secure. The payment is completely managed through PayPal or Stripe, and I prefer it that way as they are large, successful companies with lots 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 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 don’t have a program. It’d be convenient to have the ability to open an app while I’m out and about, and take a look through my sales data. You do so and may log into the site, but the site is optimized for mobile devices.
I like Payhip, but this is a really Bad look in 2018. There’s no reason you should not have a site optimized for cellular, and when you have 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 register in every time they would like to inspect sales data. Let users of Payhip experience a platform when they’re on their devices.
No Upsells or Add-Ons In Checkout
On the checkout page, I’d like to see an capability to indicate Other products similar to what the client is going to purchase. By way of instance, if they are purchasing a bundle of logo templates for $5, I could provide a bundle of business card templates or propose. This is something which websites like Amazon and VistaPrint do well.
I can not help but feel as though there is a Great Deal of money being left on the Table — for both myself and Payhip — without this functionality. This could enhance the Payhip experience for both the client and the seller.
Establish On A Fixed Timezone
This one is largely frivolous, but I Like to see it fixed.
Considering that Payhip is located in London, they’ve BST was set to by The functioning timezone for the entire site. Since I am located in the EST, I’ll sometimes check my stats at 7PM or later and see that I made 0 earnings for the day since Payhip believes it’s midnight and its own information reveals that.
This is a non-issue, however I Would love to see that the capability to correct the site to your timezone. Sell Digital Goods On Facebook
More Flexibility with Coupon Codes
I know I raved about the coupon Code feature but it is not quite perfect just yet.
As it currently stands, the only promotion You can run through a coupon code is for a percent off. I’d like to be able to offer a dollar amount to set a specified sale price.
At the moment, if I want to place a $27 product On sale for $10, I have to break out the calculator and manually do the math to figure out what percent off would leave the price. I think that is unnecessary and could be improved.
When creating A brand new product in Payhip, you have access to advanced alternatives which include —
- Make your product private.
- Add an ISBN (Internation Standard Book Number) for your eBook.
- Upload sample pages or a few preview.
- To how many copies of your product or eBook could be add a limit number sold.
- Create a exceptional license key for each of your product/eBook revenue.
Just how much does this cost?
Payhip will Cost you nothing or even host your products. The website takes only 5% commission per transaction fee.
Can I Recommend Payhip?
This leaves us with the burning question: after two years as a vendor on Payhip, would you recommend it? Overall, yes. I am very much a client, but whether you should use it depends on your situation.
If you’re a blogger with a small audience And you can not justify spending $10+ a month to get something such as Gumroad, then yes, I would recommend Payhip. In case you know that you’ll be doing at least $ 1,000 in sales every month and sell a product that is high-ticket or have a huge audience, you may want to look into something most cost-efficient.
As of the date of this writing, Payhip functions On a set fee of 5% 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 quantity, the math should (in most cases) favor Payhip. But if you are selling well into the thousands, you want to go with Gumroad or look into some other choice. That is largely dependent on the number of transactions it requires to achieve those sales numbers so be sure that you crunch the numbers.
Personally, I love the Payhip Expertise and am grateful for their solutions. I want to see them continue to grow and succeed. Sell Digital Goods On Facebook