Intro Sell Digital Product Easy
Of All of the ways of monetizing content that is blog, my favorite Strategy is Such as learning materials and design templates to create and sell products. I’ve discovered that it is extraordinarily more profitable than running advertisements from networks such as AdSense, and self explanatory products convert at a higher rate compared to an affiliate product that somebody else created. The service I use to ease this can be Payhip, and in this post I will be sharing what I like and dislike about the ceremony based on my Payhip expertise for a seller for two + years. Sell Digital Product Easy
My Payhip Experience
If you’ve ever wanted to sell digital products Through your own site, you’ll need a means to facilitate trades — some sort of infrastructure that will allow a customer to select your goods, pay for it, and also have it instantaneously delivered to them with complete hands-off automation. Payhip solves this problem.
What is Payhip?
Payhip is An e-commerce platform/website that provides users with options and the easiest tools for selling products straight to their clients and hosting online.
The company Was co-founded by Abs Farah and Kahin Farah and is currently based in my capital city of London.
Which are the advantages of utilizing Payhip?
Each online Platform is different, and I have used a couple of them previously.
For me personally, having A stage that is so simple to use and one that doesn’t require a massive amount of my time is of utmost significance.
Payhip will Save a great deal of time because everything is taken care of on the Payhip platform.
The Benefits that I’ve gained the most from using Payhip comprise –
- EU VAT is cared for, which is a big plus in my book.
- Affordable. The website takes zero fees asides From 5% per trade when you sell a digital product.
- Access to analytics accounts.
- Access to advertising tools. You have the option to make Social and Coupons discounts.
- Ability to signup, handle and reward your affiliates.
- Access to product sharing programs . Plus you can embed Your merchandise and purchase Now buttons directly on your own site or blog.
- The Capacity to setup mailing lists so that your clients can Subscribe and stay current with your products, and more.
- Instant digital product delivery via email link for buyers.
What I Like About Payhip
Let us get to the details. After my two year Payhip expertise, here’s what I really like about the service…
Upgrades Are Instantaneous
Payhip let us your customers pay with PayPal Or from credit/debit card using Stripe, and they don’t pay out monthly/weekly/quarterly or make you wait for them to clean some kind of holding period. When a client makes a purchase, the cash is immediately available in your account, and in case you have the PayPal and Stripe programs installed on your mobile device, you’ll receive notifications whenever a sale occurs. Sell Digital Product Easy
I happen to appreciate this. The excitement of Seeing a sale never gets older. In addition, it is great to awake in the morning, reach to your phone, and also see that you made X number of dollars while you’re sleeping, and it is all readily available for you to spend. The caveat to this is Stripe. If your clients pays by card using Stripe, there’ll be a 3 day hold before the money is available. This is all Stripe however — Payhip doesn’t hold your cash in any way.
No Monthly Fees
Among the things that Payhip originally sold me on is that there’s no Monthly fees or installation charges — only a simple flat charge of 5 percent per purchase .
This was appealing to me in 2016 Because, at the time, my readership was less than 1/10th of what it is now, and I was not positive that I was going to always sell enough product to warrant paying a monthly fee for a similar service like Gumroad. As a relatively new blogger with a little audience, Payhip was the no-risk solution that best fit my scenario.
Easy To Understand Analytics
Payhip’s back end Provides an page That enables you to view transactions and earnings amounts relative to the day, week, month, year, or any other given range. On top of that, it’s a report that is really simple and to-the-point.
If you’ve ever used Google Analytics or Facebook analytics, the amount of information you’re immediately smacked in the face can be a bit overwhelming, and lots of it is mostly useless too. Payhip just gives you what you are there to view — 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 can be Like and for any (or all) products. They can run for any length you’d like (or even permanently,) along with the code itself can even be customized to whatever series of text you desire.
I’ve found this to be helpful. Occasionally I will run a weekend marketing, post it on Facebook, then boost 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 Product Easy
Your Own Affiliate Program
Payhip Provides you the capability Readers sign up as an affiliate of your shop, and you are able to grant them a commission of whatever percentage you would like someone buys a product using their customized affiliate link.
This is useful since it allows Men and Women To market your merchandise for you, the commissions paid will be well worth it and should they have an audience of their own and a platform that they can tap into.
Easy Integration with Email Marketing
You will be if you are into marketing Able to integrate Payhip with your email advertising provider that is preferred so that if a sale is made, the email address of the purchaser could be added to a list that is chosen.
That is relatively small but I think it’s Pretty cool so I wish to give it a reference — 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’ve purchased.
So if someone plans to Purchase Your PDF Publication make it publicly accessible for free somewhere else, they’ll have to be okay with their private email address being publicly accessible. I believe that is a really creative way of deterring pirating.
Upload Many Kinds of Files
Payhip is a marketplace for ebooks — You can upload just about any sort of file. Font files, video/audio documents, photographs, software, etc..
Total Simplicity and Modern Design
1 thing that can not be overlooked whenever You are selling something is the way present your website looks. Individuals do not trust myself included. If a site looks like it has not been upgraded because the web 2.0 times, then I begin to wonder if perhaps I’m in an abandoned construction and placing my payment info into it would pretty much be like throwing my money into a black hole.
That’s not the case with Payhip though. The Site has a layout that is very modern and easy. This is what you’d anticipate a checkout page by a business to look like if you were to buy a product on the world wide web. Sell Digital Product Easy
Another thing I like about Payhip is its own Overall simplicity. In the very moment a visitor lands on your product page, Payhip remains out of the way. They display your graphics, sales copy, and only the crucial information (like price.) They do nothing to interfere with your purchase — no self-promotion whatsoever.
Eventually, what I actually enjoy about Payhip is That they do not store customer payment information, meaning that your clients’ payment details are secure. The payment is handled through Stripe or PayPal, and I prefer it that way as they’re big, successful companies with a lot of cash to spend on security.
What I Dislike About Payhip
As much as I enjoy 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
One thing that bugs me around Payhip is that They do not have a mobile app. It’d be convenient to be able to open an app and take a look during my data while I’m out and around. The site isn’t even optimized for mobile devices, although you do so and can log into the website.
I like Payhip, but that is a very Bad appearance in 2018. There’s no reason you should not have a website optimized for mobile, and when you have that, you should be able to easily turn the website itself into it’s own app so users do not need to manually register in each time they want to inspect sales information. Permit users of Payhip experience a platform when they are on their devices.
No Upsells or Add-Ons At Checkout
On the checkout page, I’d really like to see an capability to indicate Other products. If they’re purchasing a bundle of templates for $5, I might offer a bundle of business card templates to get a couple of bucks, or propose some other product which may interest them that they didn’t know about. This is something which sites like Amazon and VistaPrint do well.
I can’t help but feel like there’s a lot of money Table — for both myself and Payhip — with no operation. This could enhance the Payhip experience for both the vendor and the client.
Set On A Fixed Timezone
This one is largely frivolous, but I Like to see it corrected.
Considering that Payhip is located at London, they have BST was place to by the timezone for the website. Since I’m located in the EST, I’ll sometimes check my analytics at 7PM or afterwards and see that I left 0 sales for the day because Payhip thinks it’s midnight and its own information reveals that.
This is a non-issue, but I Would like to see the ability to adjust the website to your own timezone. Sell Digital Product Easy
More Flexibility with Coupon Codes
I know I raved about the voucher It’s not quite perfect yet, although code feature earlier.
As it currently stands, the promotion You’re able to run through a voucher code is to get a percent off. Ideally, I’d like to be able to supply a dollar amount to set a sale price.
Right Now, if I want to place a product that is $27 Available for $10, manually do the math to determine what percentage off would leave the cost at $10 and I have to break out the calculator. I think this is unnecessary and could be made better.
When creating A new product in Payhip, you have access to innovative options which include —
- Make your merchandise personal.
- Insert an ISBN (Internation Standard Book Number) to your eBook.
- Upload sample pages or a couple of preview.
- To how many copies of your product or market can be add a limit amount sold.
- Generate a license key that is exceptional for each of your product/eBook sales.
How much does this cost?
Payhip will Cost you or even host your electronic products. The website takes just 5% commission per transaction fee.
Would I Recommend Payhip?
This leaves us with the burning question: after 2+ years as a vendor on Payhip, would you recommend it? Overall, yes. I am very much a customer, but whether you ought to use it depends on your own 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. If you know you’ll be doing at least $ 1,000 in sales each 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 works On a set fee of 5% of every sale. Gumroad’s fee is now 3.5% + $0.30 per transaction + $10 per month.
If you are going to be promoting less than $1,000 a month in total quantity, the mathematics should (typically ) prefer Payhip. But if you’re selling into the thousands, you want to decide on Gumroad or start looking into some choice. That is largely dependent on how many transactions it takes to achieve those sales numbers though, so be certain that you crunch the numbers.
Personally, I absolutely love the Payhip Experience and am very thankful for their services. I want to see them continue to grow and succeed. Sell Digital Product Easy