Background Sell Digital Music Online
Of all the ways of monetizing content, my favorite Strategy is To create and sell digital products like learning layout templates and materials. I’ve found that it is extraordinarily rewarding than running advertisements and products convert at a significantly higher speed 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 sharing what I like and dislike about the service based in my Payhip expertise for a vendor for two + years. Sell Digital Music Online
My Payhip Expertise
If you have ever wanted to market products Through your own website, you are going to need a way to facilitate transactions — some kind of infrastructure that will allow a customer to select your product, pay for it, and also have it immediately delivered to them with whole hands-off automation. Payhip solves this problem.
What is Payhip?
Payhip is An that provides customers with solutions and the easiest tools for hosting and promoting electronic products directly to their clients 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 benefits of utilizing Payhip?
Each online Platform differs, and I’ve used a couple of these previously.
Having A platform that is really easy to use and one that doesn’t take a huge amount of my time is of paramount significance.
Payhip will Save a lot of time also because everything is cared for on the Payhip platform.
The Advantages that I’ve gained the most from utilizing Payhip include –
- EU VAT is taken care of, and it is a big plus in my book.
- Affordable. The website takes zero charges asides From 5 percent per transaction when you sell a product.
- Accessibility to analytics reports.
- Access to advertising 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 you can embed Your merchandise and purchase Now buttons directly on blog or your website.
- The ability to set mailing lists so that your customers can Subscribe and stay current with your goods, and more.
- Immediate digital product shipping via email link for buyers.
What I Enjoy About Payhip
Let’s get to the information. Following my two + year Payhip expertise, here’s what I really like about the service…
Upgrades Are Instantaneous
Payhip let’s your customers pay with PayPal Or from credit/debit card with Stripe, plus they don’t pay out monthly/weekly/quarterly or make you wait around 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’ve got the PayPal and also Stripe apps installed on your mobile device, you’ll receive notifications whenever a sale occurs. Sell Digital Music Online
I happen to appreciate this. The excitement of Seeing a new sale never gets older. In addition, it is great to wake up in the morning, reach to your telephone, and also see that you made X amount of dollars while you were sleeping, and it is all readily available for you to spend. The caveat to this can be Stripe. If your customers card using Stripe, there will be a three day hold until the cash is available. This is all Stripe though — Payhip doesn’t hold your cash in any way.
No Monthly Fees
Among the things that Payhip initially sold me is that there is no Monthly charges or installation charges — only a simple flat charge of 5 percent per purchase .
This was appealing to me back in 2016 Since, at the time, my readership was 1/10th of what it’s now, and that 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 having a little crowd, Payhip was the quickest solution that best fit my scenario.
Easy To Understand Analytics
Payhip’s back end offers an page That lets you see trades and earnings amounts relative to this day, month, week, year, or some other given range. Best of all, it’s a report that is very straightforward and to-the-point.
If you used Google Analytics or Facebook analytics, the amount of information you are immediately smacked in the face with can be somewhat overwhelming, and a lot of it’s largely useless too. Payhip just provides you exactly what you are there to view — sales data. Nothing more, nothing less.
Run Promotions with Coupon Codes
Another advantage users of Payhip experience is Promotions to conduct by creating coupon codes.
The codes may be for almost any percentage you’d Like and for any (or all) products. They could run for any length 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 helpful. Occasionally I will conduct a weekend marketing, post it on Facebook raise the article targeting a pixel audience that is re-marketing and I don’t fail to go ROI positive with it. People really do respond well to limited time offers. Sell Digital Music Online
Your Own Affiliate Program
Payhip gives you the capability to let your Readers sign up as an affiliate of your store, and you can award, someone purchases a product using their customized affiliate link.
This is useful because it allows other people To sell your merchandise for you, the commissions paid will be well worthwhile and should they have a stage and an audience of their own they can tap into.
Easy Integration with Email Marketing
If you’re into marketing, you’ll be Able to readily integrate Payhip along with your chosen email marketing supplier so that if a sale is made, the buyer’s email address can be added to a listing.
That is small but I think it’s Pretty cool so I want to give it a mention — if you desire, you can have Payhip stamp the purchaser’s email address to the top left corner of every page of a PDF document they have purchased.
So if someone intends to Purchase Your PDF Publication then make it publicly available for free they’ll need to be okay with their personal email address being accessible as well. I believe that is a means of deterring pirating.
Upload Many Sorts of Files
Payhip is not just a marketplace for ebooks — It’s possible to upload any kind of file. Font files, video/audio files, photographs, software, etc..
Total Simplicity and Modern Design
One thing that can’t be overlooked whenever You are selling something is the way current your website appears. Individuals generally don’t trust sites that look outdated, myself included. If a site looks like it hasn’t been upgraded because the net 2.0 days, I begin to wonder if perhaps I am in an abandoned construction and putting my payment info into it’d pretty much be like throwing my money into a black hole.
That’s not true with Payhip though. The Website has a easy and very contemporary layout. If you should buy a digital product on the internet, this is exactly what you would anticipate a checkout page by a business. Sell Digital Music Online
Another thing that I enjoy about Payhip is its own Overall simplicity. In the very second a visitor lands on your product page, Payhip stays out of the way. They display your graphics, sales copy, and only the crucial information (such as price.) They do absolutely nothing to interfere with your sale — no.
Eventually, what I enjoy about Payhip is That they do not store customer payment info, meaning your customers’ payment details are safe. The payment is managed through Stripe or PayPal, and I prefer it that way as they’re big companies with a lot of money.
What I Dislike About Payhip
As much as I enjoy Payhip, it’s far from perfect. Here are some items that I dislike about the ceremony and would like to see enhanced…
No Mobile App
One thing that bugs me around Payhip is that They do not have a program. It would be convenient to have the ability to start an app and have a look while I’m out and around. You may log in to the website and do this, but the site isn’t even optimized for mobile devices.
I like Payhip, but this is a very Bad look in 2018. There’s no reason you shouldn’t have a website optimized for mobile, and when you have that, you should be able to easily turn the site itself right into it’s own app so users don’t need to manually register in each time they would like to check sales information. Permit users of Payhip encounter 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 that is added to indicate Other products similar to what the client is going to purchase. By way of example, if they’re buying a bundle of logo templates for $5, I propose, or could provide a package of business card templates to get a couple of dollars. This is something which websites like VistaPrint and Amazon do.
I can’t help but feel as though there’s a Great Deal of money Table — for myself and Payhip — without this operation. This may enhance the Payhip experience for both the client and the vendor.
Establish On A Fixed Timezone
This one is mostly frivolous, but I Like to see it corrected.
Since Payhip is located at London, they have BST was set to by the working timezone for the whole site. Since I’m located in the EST, I’ll occasionally check my stats at 7PM or afterwards and see that I made 0 earnings for the day since Payhip thinks it is midnight and its data reveals that.
This is largely a non-issue, but I Would love to observe the ability to correct the website to your own timezone. Sell Digital Music Online
More Flexibility with Coupon Codes
I know I raved about the voucher Code feature earlier, but it is not perfect.
As it stands, the advertising You can run through a voucher code is for a percentage off. I’d love to have the ability to supply a dollar amount to set a specified sale price.
Right Now, if I Need to put a $27 product On sale for $10, I have to break out the calculator and manually do the math to determine what percent off will leave the last cost at $10. I believe this is unnecessary and could be improved.
When creating A brand new product in Payhip, you also have access to advanced options including —
- Make your merchandise private.
- Insert an ISBN (Internation Standard Book Number) for your eBook.
- Publish sample pages or a preview.
- To the number of copies of eBook or your product could be add a limitation amount sold.
- Create a license key for each of your product/eBook revenue.
Just how much does this cost?
Payhip will Cost you nothing or host your electronic products. The website takes only 5% commission per trade fee.
Would I Recommend Payhip?
This leaves us with the burning question: after two + years as a seller on Payhip, do you recommend it? Overall, yes. I am a satisfied client, but whether or not you should use it depends upon your situation.
If you’re a blogger with a small audience And you can not justify spending $10+ a month for something like Gumroad, then yes, I would recommend Payhip. In case you sell a merchandise that is high-ticket or have a huge audience and know that you’ll do at least $ 1,000 in sales each month, you might want to check into something.
As of the date of this writing, Payhip works On a set fee of 5 percent of every sale. Gumroad’s fee is now 3.5% + $0.30 per transaction + $10 a month.
If you are going to be selling $1,000 per month in total volume, the mathematics should (in most cases) prefer Payhip. But if you are selling into the thousands, you are probably going to need to go with Gumroad or look into another choice. This is mostly dependent on the number of transactions it requires to reach those sales numbers so make certain that you crunch the numbers on your own.
Personally, I absolutely love the Payhip Experience and am grateful for their solutions. I would like to see them continue to grow and succeed. Sell Digital Music Online