Background Sell Digital Products Amazon
Of all the ways of monetizing Articles, my favorite Strategy is To create and sell products like learning layout templates and materials. I’ve discovered that it is extraordinarily more profitable than running ads from networks like AdSense, and self-made products convert at a significantly higher rate compared to an affiliate product that someone else created. The support I use to ease this is Payhip, and this article I will be discussing what I both like and dislike about the service based on my Payhip expertise for a seller for two + years. Sell Digital Products Amazon
My Payhip Expertise
If you wanted to market digital products Through your own website, you are going to need a way to facilitate trades — some kind of infrastructure which will enable a customer to select your goods, pay for it, and also have it immediately delivered to them with complete hands-off automation. Payhip solves this issue.
Payhip is An that provides customers with solutions and the tools for promoting digital products directly to their customers 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 advantages of using Payhip?
Each online Platform is different, and I have used a couple of them in the past.
Having A stage that is easy to use and one that doesn’t take a massive amount of my valuable time is of utmost significance.
Payhip will Save a great deal of time because everything is taken care of on the Payhip platform.
The Advantages that I’ve gained the most from utilizing Payhip include –
- EU VAT is cared for, and it can be a big plus in my book.
- Affordable. The site takes zero fees asides From 5% per transaction when you sell a product that is digital.
- Accessibility to analytics accounts.
- Access to advertising tools. You have the option to make Coupons and societal discounts.
- Capability to signup, handle and reward your affiliates.
- Access to product sharing programs . Plus it is possible to embed Buy and your merchandise Now buttons right on your website or blog.
- The ability to setup mailing lists so that your customers can Subscribe and stay up to date with your products, and much more.
- Instant digital merchandise delivery via email link to buyers.
What I Like About Payhip
Let’s get to the information. After my two + year Payhip expertise, Here Is What I really like about the service…
Upgrades Are Instantaneous
Payhip let us your customers pay with PayPal Or by credit/debit card with Stripe, plus they do not cover monthly/weekly/quarterly or make you wait around for them to clear some kind of holding period. When a customer makes a purchase, the money is immediately available in your accounts, and if you’ve got the PayPal and Stripe programs installed on your mobile device, you are going to get notifications whenever a sale occurs. Sell Digital Products Amazon
I happen to love this. The excitement of Seeing a sale never gets old. In addition, it is great to awake in the morning, reach to your phone, and see you made X number of dollars while you’re sleeping, and it’s all readily available for you to spend. The caveat to this is Stripe. If your customers card using Stripe, there’ll be a three day hold until the cash is available. This is all Stripe however — 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 fees or setup charges — only a simple flat fee of 5% per purchase .
This was appealing to me in 2016 Since, at the time, my readership was less than 1/10th of what it is now, and that I wasn’t positive that I was going to always sell enough product to warrant paying a monthly fee to get a similar service such as Gumroad. As a relatively new blogger having a small audience, Payhip was the quickest solution that best fit my scenario.
Easy To Understand Analytics
Payhip’s back end offers an page That enables you to view trades and earnings quantities relative to the day, week, month, year, or any other given range. On top of that, it is a really simple and to-the-point report.
If you used Google Analytics or Facebook analytics, the number of information you’re immediately smacked in the face can be somewhat overwhelming, and lots of it’s mostly useless too. 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 By producing coupon codes, promotions to run.
The codes can be Enjoy and for any (or all) products. They can run for whatever length you want (or even permanently,) along with the code itself can even be customized to whatever string of text you would like.
I have found this to be very useful. Sometimes I will run a weekend promotion, place it on Facebook boost the article targeting a pixel audience and I never fail to go ROI positive with it. People truly do respond to limited time offers. Sell Digital Products Amazon
Your Own Affiliate Program
Payhip gives you the ability to let your Readers register as an affiliate of your shop, and you are able to grant them a commission of whatever percent you’d like someone buys a product with their custom affiliate link.
This is useful because it allows Men and Women To market your merchandise and should they have a stage and an audience of their own that they can tap into, the commissions paid will be worth it.
Easy Integration with Email Marketing
You’ll be if you’re into marketing Able to easily incorporate Payhip along with your email marketing provider that is chosen so that a purchase is made, the email address of the purchaser can be added to a listing that is chosen.
That is minor but I think it’s Pretty cool so I want to give it a reference — if you so desire, you can have Payhip stamp the purchaser’s email address to the upper left corner of every page of a PDF document they’ve bought.
So if someone plans to buy your PDF Publication make it publicly available for free they will need to be fine with their private email address being publicly accessible. I believe that’s a very creative way of deterring pirating.
Upload Most Kinds of Files
Payhip isn’t Only a market for ebooks — It’s possible to upload any kind of digital file. Font files, video/audio documents, photos, software, etc..
Total Simplicity and Modern Design
One thing that can’t be overlooked whenever You’re selling something is your website appears. Individuals do not trust myself included. If a website looks like it has not been updated since the web 2.0 days, I begin to wonder if perhaps I am in an abandoned construction and putting my payment information to it would pretty much be like throwing my money into a black hole.
That’s not the case with Payhip though. The Website has a very modern and easy layout. This is what you’d expect a checkout page by a trusted company to appear like if you were to purchase a merchandise on the world wide web. Sell Digital Products Amazon
Another thing I enjoy about Payhip is its Overall simplicity. From the very moment a visitor lands on your product page, Payhip stays out of the way. They display your images, sales copy, and only the critical info (such as price.) They do nothing to interfere with your sale — no self-promotion whatsoever.
Finally, what I like about Payhip is That customer payment info isn’t stored by them, meaning your clients’ payment details are secure. The payment is completely handled through PayPal or Stripe, and I prefer it this way as they are big, successful companies with lots of cash.
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 enhanced…
No Mobile App
One thing that bugs me around Payhip is that They do not possess a app. It would be convenient to have the ability to open an app while I’m out and about and take a look during my data. The site isn’t optimized for mobile devices, although you do so and can log in to the site.
I like Payhip, but this is a really Bad look in 2018. There is 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 into it’s own program so users don’t need to manually register in each time they want to check sales data. Let users of Payhip experience a platform when they are on their mobile devices.
No Upsells or Add-Ons At Checkout
On the checkout page, I would really like to see an capability to suggest Other products. If they are buying a bundle of logo templates for $5, I propose, or could offer a package of business card templates for a few added dollars. This is something that sites like Amazon and VistaPrint do.
I can’t help but feel as though there is a Great Deal of money Table — for 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 Prefer to see it fixed.
Considering that Payhip is located at London, they have The timezone for the site set to BST. Since I am found in the EST, I’ll occasionally check my stats at 7PM or later and see that I left 0 earnings for the day because Payhip thinks it’s midnight and its data reflects that.
This is a non-issue, however I Would like to observe that the capability to adjust the site to your own timezone. Sell Digital Products Amazon
More Flexibility with Coupon Codes
I know I raved about the voucher It is not perfect just yet, although code feature earlier.
As it now stands, the advertising You’re able to run via a voucher code is to get a percent off. Ideally, I’d love to have the ability to supply a dollar amount to set a predetermined sale price.
Right Now, if I want to put a product Available 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 that is unnecessary and may be made better.
When creating A new product in Payhip, you also have access to innovative alternatives which include —
- Make your merchandise private.
- Insert an ISBN (Internation Standard Book Number) to your eBook.
- Upload a couple of sample or preview pages.
- To the number of copies of your product or eBook can be add a limit amount sold.
- Generate a license key .
How much does it cost?
Payhip will Cost you to establish or even host your digital products. The site takes only 5% commission per trade fee.
Would I Recommend Payhip?
This leaves us with the burning question: after 2+ years as a seller on Payhip, do you recommend it? Overall, yes. I am very much a happy customer, but whether you ought to use it depends on your situation.
If you’re a new blogger with a small audience And you can not justify spending $10+ per month to get something like Gumroad, then yes, I would absolutely recommend Payhip. However, if you sell a merchandise that is high-ticket or have a massive audience and know that you’ll do at least $ 1,000 in sales every month, you may want to look into something.
As of this date of this 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 a month.
If you’re going to be promoting less than $1,000 a month in total volume, the math should (in most cases) favor Payhip. But if you are selling into the thousands, you need to decide on Gumroad or start looking into some other choice. That is all largely dependent on the number of transactions it takes to achieve those sales numbers though, so be certain that you crunch the numbers.
Personally, I love the Payhip Experience and am really thankful for their services. I want to see them continue to grow and succeed. Sell Digital Products Amazon