Introduction Sell Digital Or Physical Products
Of all the ways of monetizing Articles that is blog, my Strategy is Like studying design templates and materials, to make and sell products. I have found that it’s extraordinarily more rewarding than running ads from networks like AdSense, and self-made products convert at a higher speed than an affiliate product that someone else created. The support I use to ease this is Payhip, and this post I’ll be sharing what I both like and dislike about the ceremony based on my Payhip expertise as a vendor for 2+ years. Sell Digital Or Physical Products
My Payhip Expertise
If you’ve ever wanted to sell digital products Through your own site, you’ll need a way to facilitate trades — some sort of infrastructure which will enable a client to select your goods, cover it, and have it immediately delivered to them with complete hands-off automation. Payhip solves this problem.
Payhip is An e-commerce platform/website that gives users with the tools and options for hosting and selling products to their customers online.
The company Was co-founded by Abs Farah and Kahin Farah and is now based in my capital city of London.
Which are the benefits of using Payhip?
Each online Platform differs, and I have used a few of these previously.
For me, having A stage that is really simple to use and one that does not require a massive amount of my time is of paramount importance.
Payhip will Save a lot of time also 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 big plus in my book.
- Affordable. The site takes zero fees asides From 5 percent per trade when you sell a item.
- Access to analytics accounts.
- Access to marketing tools. You have the option to make Coupons and social discounts.
- Capability to signup, manage and reward your affiliates.
- Access to product sharing programs . Plus it is possible to embed Buy and your product Now buttons on your own website or blog.
- The ability to setup mailing lists so that your customers can Subscribe and remain current with your goods, and more.
- Immediate digital product delivery via email link for buyers.
What I Enjoy About Payhip
Let’s get to the details. After my two year Payhip expertise, here’s what I love about the service…
Upgrades Are Instantaneous
Payhip let’s your customers pay with PayPal Or by credit/debit card using Stripe, and they don’t cover monthly/weekly/quarterly or make you wait around for them to clear some sort of holding period. When a customer makes a purchase, the cash is immediately available in your account, and in case you have the PayPal and also Stripe programs installed on your mobile device, you are going to get notifications each time a sale happens. Sell Digital Or Physical Products
I happen to appreciate this. The excitement of Seeing a sale never gets old. It’s also good to awake in the morning, reach to your telephone, 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 can be Stripe. If your clients pays by card with Stripe, there’ll be a 3 day hold before the cash is available. That is Stripe however — Payhip does not hold your cash at all.
No Monthly Fees
One of those things that Payhip initially sold me is that there’s no Monthly fees or setup 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 less than 1/10th of what it’s now, and that I wasn’t positive I was going to always sell enough product to justify paying a monthly fee for a similar service like Gumroad. As a relatively new blogger with a small audience, Payhip was the quickest solution that best match my situation.
Simple To Know Analytics
Payhip’s back end Provides an page That lets you see transactions and earnings amounts relative to this day, month, week, year, or some other specified range. Best of all, it’s a to-the-point and simple report.
If you have used Google Analytics or Facebook analytics, the amount of information you are instantly smacked in the face can be a bit overwhelming, and a lot of it is mostly useless also. Payhip just gives you exactly what you are there to see — sales data. Nothing more, nothing less.
Run Promotions with Coupon Codes
Another advantage users of Payhip encounter is The ability to run promotions by producing coupon codes.
The codes may be for almost any percentage you would Enjoy and for any (or all) products. They can run for whatever length you want (or even indefinitely,) and the code itself may even be customized to whatever series of text you would like.
I’ve found this to be helpful. Sometimes I will run a weekend marketing, place it on Facebook boost the article targeting a pixel audience that is re-marketing and I don’t fail to go ROI positive with it. People do respond well to limited time offers. Sell Digital Or Physical Products
Your Own Affiliate Program
Payhip gives you the ability to let your Readers sign up as an affiliate of your store, and someone purchases a product you are able to grant.
This is useful since it allows people To market your products the commissions paid will be well worthwhile and should they have a platform and an audience of their own that they can tap to.
Easy Integration with Email Marketing
You will be, if you’re into email marketing Able to incorporate Payhip with your email advertising supplier so that if a purchase is made, the email address of the purchaser can be added into a list.
This is relatively minor but I think it’s Pretty cool so I want to give it a reference — if you so desire, you’ll have Payhip postage the purchaser’s email address into the top left corner of each page of a PDF document they have bought.
So if someone intends to buy your PDF Book make it publicly available for free they will have to be okay with their private email address being available. I believe that’s a way of deterring pirating.
Upload Many Kinds of Files
Payhip is not Only a market for ebooks — It’s possible to upload just about any kind of digital file. Font files, video/audio documents, photos, software, etc..
Overall Simplicity and Modern Design
One thing that can not be overlooked whenever You’re selling something is your website appears. Individuals do not trust sites which look obsolete, myself included. If a site looks like it has not been updated since the web 2.0 days, I begin to wonder if maybe I’m in an abandoned construction and putting my payment info to it would pretty much be just like throwing my money into a black hole.
That’s not true with Payhip though. The Site has a very contemporary and simple design. This is exactly what you’d anticipate a checkout page by a business In the event that you should purchase a digital product on the internet. Sell Digital Or Physical Products
Another thing I enjoy about Payhip is its In general simplicity. From the a visitor lands on your product page, Payhip remains out of the way. They display your images, sales copy, and only the critical information (like price.) They do absolutely 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 completely managed through PayPal or Stripe, and I prefer it this way as they’re large companies with lots of cash.
What I Dislike About Payhip
As much as I enjoy Payhip, it is far from perfect. Here are some items that I dislike about the ceremony and would like to see enhanced…
No Mobile App
1 thing that bugs me around Payhip is that They do not have a app. It’d be convenient to have the ability to open an app and take a look during my earnings data while I am out and around. The website isn’t even optimized for mobile devices, although you do this and may log into the website.
I like Payhip, but that is a very Lousy look in 2018. There’s no reason you shouldn’t have a website optimized for cellular, and when you have that, you should be able to easily turn the site itself right into it’s own program so users don’t need to manually sign in every time they want to check sales information. Users of Payhip encounter a much better platform when they’re on their devices.
No Upsells or Add-Ons At Checkout
On the checkout page, I would really like to see an Extra ability to indicate Other products similar to what the client is going to buy. If they are purchasing a package of templates for $5, then I propose, or could provide a package of business card templates for a few bucks. This is something that sites like Amazon and VistaPrint do very well.
I can not help but feel as though there is a lot of money being left on the Table — for both myself and Payhip — with no functionality. This may improve the Payhip encounter for both the seller and the client.
Set On A Fixed Timezone
This one is frivolous, but I Like to see it fixed.
Considering that Payhip is located at London, they’ve The functioning timezone for the site set to BST. Since I’m found in the EST, I’ll occasionally check my analytics at 7PM or later and see that I made 0 sales for the day because Payhip thinks it’s midnight and its own information reflects that.
This is a non-issue, however I Would like to observe that the ability to adjust the website to your timezone. Sell Digital Or Physical Products
More Flexibility with Coupon Codes
I know I raved about the voucher Code feature but it is not quite perfect.
As it currently stands, the advertising You’re able to run through a coupon code. I’d love to have the ability to supply a dollar amount to set a sale price that is specified.
At the moment, if I want to put a merchandise Available for $10, manually do the math to figure out what percentage off will render the final price and I must break out the calculator. I believe that is unnecessary and may be improved.
When creating A brand new product in Payhip, you also have access to innovative alternatives which include —
- Make your merchandise personal.
- Insert an ISBN (Internation Standard Book Number) for your eBook.
- Upload a preview or sample pages.
- To the number of copies of your product or market could be, add a limitation amount sold.
- Create a license key that is exceptional for each of your product/eBook revenue.
Just how much does it cost?
Payhip will Cost you nothing to establish or host your electronic products. The site takes just 5 percent commission per trade fee.
Can I Recommend Payhip?
This leaves us with the burning question: after 2years as a vendor on Payhip, do you recommend it? Overall, yes. I am a happy client, but whether you ought to use it depends upon your own situation.
If you are a new blogger with a small audience And you can not justify spending $10+ a month for something such as 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 product or have a massive audience, you might want to look into something.
As of the date of the writing, Payhip works 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’re going to be promoting less than $1,000 per month in total volume, the mathematics should (in most cases) favor Payhip. But if you’re selling well into the thousands, you need to decide on Gumroad or start looking into some other choice. This is dependent on how many transactions it requires to reach those sales numbers so make certain to crunch the numbers.
Personally, I love the Payhip Experience and am very thankful for their solutions. I want to see them continue to grow and succeed. Sell Digital Or Physical Products