Background Sell Digital Items On Etsy
Of All of the ways of Creating content that is blog, my method is Such as studying layout templates and materials, to make and sell electronic products. I have found that it’s extraordinarily profitable than running advertisements and self-made products convert at a 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 sharing what I both like and dislike about the service based in my Payhip expertise for a seller for 2+ years. Sell Digital Items On Etsy
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 kind of infrastructure that will allow a customer to select your goods, pay for it, and have it immediately delivered to them with whole hands-off automation. Payhip solves this problem.
Payhip is An e-commerce platform/website that gives users with options and the easiest tools for selling digital products directly to their clients and hosting 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 advantages of using Payhip?
Each online Platform differs, and I have used a couple of them previously.
For me, having A platform that is really simple to use and one that does not take a huge amount of my precious time is of paramount importance.
Payhip will Save a lot of time because everything is taken care of on the Payhip platform.
The Advantages that I’ve gained the most from using Payhip include –
- EU VAT is taken care of, and it can be a huge plus in my book.
- Affordable. The website takes zero fees asides From 5 percent per transaction when you sell a item that is digital.
- Accessibility to analytics reports.
- Access to advertising tools. You have the option to create Coupons and societal discounts.
- Ability to signup, handle and reward your affiliates.
- Access to merchandise sharing programs . Plus it is possible to embed Your product and purchase Now buttons directly on blog or your own website.
- The ability to set mailing lists so that your customers can Subscribe and remain up to date with your digital products, and more.
- Instant digital merchandise shipping via email link to customers.
What I Like About Payhip
Let’s get to the details. 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 using Stripe, plus they don’t pay out monthly/weekly/quarterly or force you to wait around for them to clean some sort of holding period. When a client makes a purchase, the money is immediately available in your accounts, and if you have the PayPal and also Stripe programs installed on your mobile device, you are going to receive notifications each time a sale occurs. Sell Digital Items On Etsy
I happen to appreciate this. The excitement of Seeing a new sale never gets older. It’s also great to awake in the morning, reach to your telephone, and also see that you made X amount of dollars while you’re sleeping, and it’s all easily available for you to spend. The only caveat to this is Stripe. If your clients card using Stripe, there will be a 3 day hold until the money is available. That is all Stripe though — Payhip does not hold your money in any way.
No Monthly Charges
One of the things that Payhip initially sold me is that there is no Monthly charges or installation charges — only a simple flat fee of 5% per sale.
This was attractive to me back Because, at the time, my readership was 1/10th of what it’s now, and I was not positive that I was likely to always sell enough product to warrant paying a monthly fee for a similar service like 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 Provides an page That lets you see transactions and earnings quantities relative to the day, month, week, year, or some other specified range. On top of that, it is a simple and to-the-point report.
If you have used Google Analytics or Facebook analytics, the amount of data you’re immediately smacked in the face can be a bit overwhelming, and lots of it’s largely useless also. Payhip just provides you what you are there to see — revenue data. Nothing more, nothing less.
Run Promotions with Coupon Codes
Another benefit users of Payhip encounter is The capacity to conduct promotions.
The codes may be Enjoy and for any (or all) products. They can run for whatever length you want (or even permanently,) along with the code itself may even be customized to whatever series of text you would like.
I’ve found this to be useful. Sometimes I’ll run a weekend marketing, place it on Facebook, then boost the post targeting a pixel audience that is re-marketing and I never fail to go ROI positive by it. People do respond to limited time offers. Sell Digital Items On Etsy
Your Own Affiliate Program
Payhip Provides you the capability to let your Readers sign up as an affiliate of your shop, and whenever someone purchases a product using their customized affiliate link, you are able to award.
This is useful since it allows Men and Women To sell your merchandise for you, the commissions paid will be worth it, and should they have a platform and an audience of their own that they can tap to.
Easy Integration with Email Marketing
If you’re into email advertising, you’ll be Able to readily incorporate Payhip with your email advertising supplier so that if a purchase is made, the email address of the purchaser can be added to a listing.
That is relatively minor but I think it’s Pretty cool so I want to give it a mention — if you desire, you can have Payhip postage the purchaser’s email address to the upper left corner of every page of a PDF document they’ve purchased.
So if someone intends to buy your PDF Publication then make it accessible for free they’ll need to be okay with their email address being available. I believe that’s a way of deterring pirating.
Upload Many Sorts of Files
Payhip is not just a marketplace for ebooks — It’s possible to upload virtually any sort of file. Font documents, video/audio documents, photographs, software, etc..
Total Simplicity and Modern Design
1 thing that can not be overlooked whenever You are selling something is your site looks. Individuals do not trust websites that appear obsolete, myself included. If a site looks like it hasn’t been upgraded since the web 2.0 days, I start to wonder if perhaps I’m in an abandoned building and placing my payment info into it would pretty much be like throwing my money into a black hole.
That is not the case with Payhip though. The Website has a simple and very contemporary layout. This is what you’d anticipate a checkout page from a company, In the event that you should buy a digital merchandise on the internet. Sell Digital Items On Etsy
Another thing I enjoy about Payhip is its own Overall simplicity. From the very second a visitor lands on your product page, Payhip stays out of the way. They display your images, sales copy, and just the crucial information (such as price.) They do nothing to interfere with your sale — no.
Finally, what I enjoy about Payhip is That they do not store customer payment information, meaning that your customers’ payment details are safe. The payment is totally managed through PayPal or Stripe, and I prefer it that way as they’re 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 items that I dislike about the service and would like to see improved…
No Mobile App
1 thing that bugs me around Payhip is that They do not possess a program. It’d be convenient to be able to open an app while I am out and about, and take a look through my data. The site isn’t optimized for mobile devices, although you do so and may log into the site.
I like Payhip, but this is a very Bad appearance in 2018. There’s no reason you shouldn’t have a site optimized for cellular, and once you’ve got that, you ought to be able to easily turn the site itself into it’s own program so users do not need to manually sign in each time they want to check sales information. 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 would really like to see an ability to indicate Other products similar to what the client is going to purchase. If they’re buying a package of logo templates for $5, then I could provide a package of business card templates or suggest. This is something that websites like Amazon and VistaPrint do.
I can’t help but feel as though there’s a Great Deal of money Table — for both myself and Payhip — without this functionality. This could enhance the Payhip experience for both the vendor and the client.
Establish On A Fixed Timezone
This one is frivolous, but I Like to see it fixed.
Considering that Payhip is located at London, they have BST was set to by the timezone for the site. Since I’m located in the EST, I’ll occasionally check my stats at 7PM or afterwards and see that I made 0 sales for the day because Payhip believes it is midnight and its data reveals that.
This is a non-issue, however I Would like to observe that the ability to adjust the website. Sell Digital Items On Etsy
More Flexibility with Coupon Codes
I know I raved about the voucher Code feature but it is not perfect.
As it currently stands, the only advertising You can run through a coupon code is to get a percentage off. Ideally, I’d like to have the ability to supply a dollar amount to set a sale price that is predetermined.
At the moment, if I Need to put a merchandise that is $27 On sale for $10, do the math to figure out what percentage off will leave the price at $10 and I must break out the calculator. I think this is unnecessary and may be made better.
When creating A brand new product in Payhip, you have access to innovative alternatives which include —
- Make your merchandise private.
- Add an ISBN (Internation Standard Book Number) for your eBook.
- Upload sample pages or a preview.
- To the number of copies of eBook or your product could be, Insert a limit amount sold.
- Generate a unique license key for all your product/eBook revenue.
How much does it cost?
Payhip will Cost you to set up or even host your products. The site takes just 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? Total, yes. I am very much a satisfied customer, but whether or not you should use it depends upon your situation.
If you are a blogger with a small audience And you can not justify spending $10+ a month to get something like Gumroad, then yes, I would recommend Payhip. But in case you know that you’ll do at least $ 1,000 in sales every month and sell a high-ticket merchandise or have a massive 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 every sale. Gumroad’s fee is currently 3.5% + $0.30 per transaction + $10 per month.
If you are going to be selling less than $1,000 per month in total volume, the math should (in most cases) prefer Payhip. But if you are selling into the thousands, you want to decide on Gumroad or start looking into another choice. This is all dependent on how many transactions it takes to reach those sales numbers so make sure to crunch the numbers.
Personally, I absolutely love the Payhip Expertise and am really grateful for their services. I would like to see them continue to grow and succeed. Sell Digital Items On Etsy