Background Sell Digital Merchandise
Of all the ways of Creating content that is blog, my Strategy is To make and sell digital products. I have found that it is extraordinarily more rewarding than running advertisements and self-made products convert at a significantly greater speed compared to an affiliate product that somebody else created. The service I use to facilitate this can be Payhip, and this article I will be discussing what I both like and dislike about the service based in my Payhip experience for a seller for two + years. Sell Digital Merchandise
My Payhip Expertise
If you wanted to market digital products Through your own website, you are going to need a way to facilitate transactions — some sort of infrastructure that will allow a customer to select your product, pay for it, and also have it instantaneously delivered to them with whole hands-off automation. Payhip solves this issue.
Payhip is An e-commerce platform/website that provides users with options and the tools for promoting products to their clients and hosting online.
The Provider Was co-founded by Abs Farah and Kahin Farah and is currently based in my capital city of London.
Which are the benefits of using Payhip?
Each online Platform is different, and I have used a few of these previously.
For me personally, having A stage that is so easy to use and one that doesn’t require a huge amount of my time that is valuable is of paramount importance.
Payhip will Save a lot 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 can be a huge plus in my book.
- Affordable. The site takes zero charges asides From 5 percent per trade when you sell a item.
- Accessibility to analytics accounts.
- Access to marketing tools. You have the option to make Coupons and societal discounts.
- Ability to signup, manage and reward your own affiliates.
- Access to product sharing tools. Plus it is possible to embed Buy and your product Now buttons right on your own website or blog.
- The ability to setup mailing lists so that your customers can Subscribe and stay current with your electronic goods, and much more.
- Immediate digital merchandise shipping via email link for customers.
What I Enjoy About Payhip
Let us get to the details. Following my 2 year Payhip expertise, Here Is What I love about the service…
Payments Are Instantaneous
Payhip let us your customers pay with PayPal Or by credit/debit card with Stripe, plus they don’t pay out monthly/weekly/quarterly or make you wait for them to clean some kind of holding period. When a customer makes a purchase, the cash is instantly available in your account, and in case you’ve got the PayPal and Stripe programs installed on your mobile device, you are going to receive notifications each time a sale happens. Sell Digital Merchandise
I happen to love this. The excitement of Seeing a new sale never gets old. It’s also good to wake up in the morning, reach to your telephone, and see you made X number of dollars while you’re sleeping, and it is all readily available for you to spend. The only caveat to this is Stripe. If your customers card using Stripe, there’ll be a 3 day hold before the money is available. That is all Stripe though — Payhip does not hold your cash in any way.
No Monthly Fees
Among the things that Payhip initially sold me on is that there is no Monthly charges or setup charges — just a simple flat fee of 5 percent per purchase .
This was appealing to me Because, at the time, my readership was less than 1/10th of what it’s now, and I wasn’t positive I was likely to consistently sell enough product to warrant paying a monthly fee to get a similar service such as Gumroad. As a relatively new blogger having a little crowd, Payhip was the quickest solution that best match my scenario.
Simple To Understand Analytics
Payhip’s back end offers an page That lets you view transactions and earnings amounts relative to this day, month, week, year, or some other given range. Best of all, it’s a report.
If you used Google Analytics or Facebook analytics, the amount of data you’re instantly smacked in the face with can be a bit overwhelming, and a lot of it’s mostly useless also. Payhip just provides you exactly what you’re there to view — sales information. Nothing more, nothing less.
Run Promotions with Coupon Codes
Another advantage users of Payhip experience is The capacity to run promotions by creating coupon codes.
The codes can be for almost any percentage you’d Like and for any (or all) products. They could run for any duration you’d like (or even indefinitely,) along with the code itself can even be customized to whatever series of text you would like.
I’ve found this to be 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 with it. People truly do respond well to limited time offers. Sell Digital Merchandise
Your Own Affiliate Program
Payhip gives you the capability Readers register as an affiliate of your store, and someone buys a product using their custom affiliate link, you are able to grant.
This is useful since it allows other people To sell your products the commissions paid will be worthwhile, and if they have a stage and an audience of their own that they can tap into.
Easy Integration with Email Marketing
You’ll be if you’re into email marketing Able to incorporate Payhip along with your email advertising provider that is chosen so that a purchase is made, the buyer’s email address can be added to a listing that is chosen.
This is relatively minor but I think it’s Pretty cool so I wish to give it a mention — if you desire, you can have Payhip postage the purchaser’s email address into the upper left corner of every page of a PDF document they’ve bought.
So if someone plans to Purchase Your PDF Book then make it publicly available for free somewhere else, they’ll have to be okay with their email address being available. I believe that’s a means of deterring pirating.
Upload Many Sorts of Files
Payhip is a marketplace for ebooks — You can upload any sort of electronic file. Font documents, video/audio documents, photographs, software, etc..
Total Simplicity and Modern Design
One thing that can’t be overlooked whenever You’re selling something is your site appears. People generally don’t trust myself included. If a site looks like it has not been upgraded since the net 2.0 times, then I begin to wonder if perhaps I am in an abandoned building and putting my payment info into it’d pretty much be just like throwing my money into a black hole.
That’s not the case with Payhip though. The Website has a very contemporary and easy design. If you were to buy a digital product on the internet, this is exactly what you would expect a checkout page by a company to look like. Sell Digital Merchandise
Another thing I like about Payhip is its own Overall simplicity. In the a visitor lands on your product page, Payhip stays out of the way. They display your graphics, sales copy, and just the crucial information (like price.) They do absolutely nothing to interfere with your purchase — no.
Eventually, what I enjoy about Payhip is That customer payment information isn’t stored by them, meaning that your customers’ payment details are secure. The payment is managed through PayPal or Stripe, and I prefer it that way as they are large companies with lots of cash to spend on security.
What I Dislike About Payhip
As much as I like Payhip, it is far from perfect. Here are some things that I dislike about the service and would like to see enhanced…
No Mobile App
1 thing that bugs me about Payhip is that They do not have a app. It would be convenient to have the ability to open an app while I’m out and about, and have a look through my data. You may log in to the site and do so, but the website isn’t even optimized for mobile devices.
I like Payhip, but that is a really Lousy look in 2018. There is no reason you should not have a site optimized for mobile, and when you’ve got that, you ought to be able to easily turn the site itself right into it’s own app so users don’t need to manually register in every time they want to inspect sales information. Let users of Payhip experience a much better 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 suggest Other products similar to what the customer is about to purchase. By way of example, if they’re buying a bundle of logo templates for $5, I suggest some other similar product that could interest them they previously didn’t know about, or might offer a bundle of business card templates for a couple of extra bucks. This is something which websites like Amazon and VistaPrint do very well.
I can’t help but feel as though there is a Great Deal of money Table — for both myself and Payhip — with no operation. This may enhance the Payhip encounter for both the seller and the client.
Establish On A Fixed Timezone
This one is frivolous, but I Like to see it fixed.
Since Payhip is located at London, they’ve BST was set to by The functioning timezone for the website. Since I am located in the EST, I’ll occasionally check my stats at 7PM or afterwards and see that I made 0 earnings for the day because Payhip believes it is midnight and its own information reveals that.
This is a non-issue, however I Would love to see that the ability to correct the site to your timezone. Sell Digital Merchandise
More Flexibility with Coupon Codes
I know I raved about the coupon Code feature but it is not quite perfect.
As it stands, the advertising You can run via a coupon code. I’d love to be able to offer a dollar amount from the initial price, or the capability to set a specified sale price.
Right Now, if I Need to put a $27 product On sale for $10, I must break out the calculator and do the math to figure out what percentage off would render the last cost. I believe this is unnecessary and may be made better.
When creating A brand new product in Payhip, you have access to innovative options which include —
- Make your merchandise private.
- Add an ISBN (Internation Standard Book Number) to your eBook.
- Publish a sample or preview pages.
- Add a limitation number sold.
- Generate a license key that is exceptional for each of your product/eBook sales.
How much does this cost?
Payhip will Cost you to establish or host your products. The site takes only 5 percent commission per transaction fee.
Can I Recommend Payhip?
This leaves us with the burning question: after 2years as a seller on Payhip, do you recommend it? Overall, yes. I am a happy customer, but whether or not you ought to use it depends upon your situation.
If you are a blogger with a small audience And you can not justify spending $10+ per month to get something such as Gumroad, then yes, I would recommend Payhip. However, in case you know you’ll do at least $ 1,000 in sales each month and market a product that is high-ticket or have a massive audience, you may want to look into something.
As of the date of this writing, Payhip functions On a set fee of 5 percent of every sale. Gumroad’s fee is now 3.5% + $0.30 per transaction + $10 per month.
If you are going to be promoting $1,000 a month in total volume, the mathematics should (in most cases) prefer Payhip. But if you are selling into the thousands, you’ll probably want to go with Gumroad or start looking into some alternative. That is dependent on the number of transactions it requires to achieve those sales numbers so make certain to crunch the numbers.
Personally, I love the Payhip Expertise and am thankful for their services. I want to see them continue to grow and succeed. Sell Digital Merchandise