Introduction Sell Digital Products Embed
Of All of the ways of monetizing Articles that is blog, my favorite method is To make and sell products like learning materials and layout templates. I’ve discovered that it is extraordinarily more rewarding than running ads and self explanatory products convert at a higher rate compared to an affiliate product that someone else created. The support I use to facilitate this can be Payhip, and in this post I’ll be sharing what I like and dislike about the ceremony based on my Payhip experience for a seller for two + years. Sell Digital Products Embed
My Payhip Expertise
If you have ever wanted to market digital products Through your own website, you are going to need a way to facilitate trades — some kind of infrastructure that will allow a client to select your goods, pay for it, and have it immediately delivered to them with complete hands-off automation. Payhip solves this issue.
Payhip is An that gives users with options and the tools for hosting and promoting products to their clients online.
The company Was co-founded by Abs Farah and Kahin Farah and is currently based in my capital city of London.
What are the benefits of using Payhip?
Each online Platform differs, and I have used a few of them previously.
Having A stage that is simple to use and one that doesn’t take a huge amount of my valuable time is of utmost significance.
Payhip will Save you a great deal of time 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 cared for, and it is a huge plus in my book.
- Affordable. The website takes zero charges asides From 5% per trade when you sell a digital item.
- Accessibility to analytics accounts.
- Access to marketing tools. You have the option to make Societal and coupons discounts.
- Ability to signup, handle and reward your affiliates.
- Access to merchandise sharing programs . Plus you can embed Your merchandise and purchase Now buttons right on your own site or blog.
- The Capacity to setup mailing lists so that your customers can Subscribe and remain current with your digital goods, and much more.
- Immediate digital product shipping via email link for customers.
What I Like About Payhip
Let us get to the information. After my 2 year Payhip experience, Here Is What I love about the ceremony…
Upgrades Are Instantaneous
Payhip let us your customers pay with PayPal Or from credit/debit card with Stripe, plus they do not cover monthly/weekly/quarterly or force you to wait for them to clear some kind of holding period. When a client makes a purchase, the cash is immediately available in your accounts, and in case you’ve got the PayPal and Stripe apps installed on your mobile device, you are going to get notifications whenever a sale occurs. Sell Digital Products Embed
I happen to appreciate this. The excitement of Seeing a sale that is new never gets old. In addition, it is great to wake up in the morning, reach to your phone, and see that you made X number of dollars while you were sleeping, and it’s all readily available for you to spend. The caveat to this can be Stripe. If your clients card with Stripe, there’ll be a three day hold until the money is available. This is all Stripe however — Payhip doesn’t hold your money at all.
No Monthly Charges
One of the things that Payhip initially sold me is that there’s no Monthly charges or setup charges — only a simple flat fee of 5 percent per purchase .
This was appealing to me back Since, at the moment, my readership was 1/10th of what it is now, and that I wasn’t positive I was going to consistently sell enough product to warrant 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 fit my situation.
Easy To Know Analytics
Payhip’s back end offers an analytics page That lets you view trades and earnings amounts relative to this day, week, month, year, or any other specified range. On top of that, it is a simple and to-the-point report.
If you have used Google Analytics or Facebook analytics, the amount of data you are instantly smacked in the face can be somewhat overwhelming, and lots of it’s largely useless too. Payhip just gives you exactly what you are there to view — sales information. Nothing more, nothing less.
Run Promotions with Coupon Codes
Another benefit users of Payhip encounter is The ability to run promotions.
The codes may be for any percentage you would Like and for any (or all) products. They could run for any length you want (or even indefinitely,) along with the code itself may even be customized to whatever series of text you desire.
I have found this to be helpful. Sometimes I will conduct a weekend marketing, post it on Facebook raise the article targeting a pixel re-marketing audience and I never fail to go ROI positive with it. People do respond well to limited time offers. Sell Digital Products Embed
Your Own Affiliate Program
Payhip Provides you the capability Readers sign up as an affiliate of your shop, and you can award them a commission of whatever percentage you’d like someone buys a product with their customized affiliate link.
This is useful because it allows other Men and Women To sell your merchandise the commissions paid will be well worth it, and should they have a stage and an audience of their own that they can tap into.
Easy Integration with Email Marketing
If you are into advertising, you’ll be Able to incorporate Payhip with your email advertising supplier that is chosen so that if a purchase is made, the buyer’s email address can be added to a list.
That is relatively small but I think it’s Pretty cool so I wish 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 purchased.
So if someone intends to Purchase Your PDF Book make it publicly accessible for free they will need to be fine with their email address being accessible. I believe that is a creative means of deterring pirating.
Upload Many Kinds of Files
Payhip is a marketplace for ebooks — It’s possible to upload any kind of digital file. Font files, video/audio files, photographs, software, etc..
Overall Simplicity and Modern Design
One thing that can not be overlooked whenever You’re selling something is the way current your website looks. People do not trust myself included. If a website looks like it hasn’t been updated because the net 2.0 days, I start to wonder if perhaps I am in an abandoned building 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 Website has a very contemporary and simple design. This is what you’d anticipate a checkout page from a trusted business if you should buy a digital merchandise on the world wide web. Sell Digital Products Embed
Another thing that I enjoy about Payhip is its own Overall simplicity. In the second a visitor lands on your product page, Payhip remains out of the way. They display your graphics, sales copy, and just the crucial info (like price.) They do nothing to interfere with your purchase — no.
Eventually, what I like about Payhip is That customer payment information isn’t stored by them, meaning that your customers’ payment details are secure. The payment is handled through Stripe or PayPal, and I prefer it that way as they are successful companies with a lot of money to spend on top-shelf 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 improved…
No Mobile App
1 thing that bugs me about Payhip is that They don’t possess a app. It’d be convenient to be able to start an app while I’m out and around and have a look. You do this and may log in to the website, but the website isn’t even optimized for mobile devices.
I enjoy Payhip, but this is a very Bad look in 2018. There is no reason you shouldn’t have a site optimized for mobile, and when you’ve got that, you should be able to easily turn the website itself right into it’s own app so users do not need to manually register in every time they want to inspect sales information. Users of Payhip experience a much better platform when they are on their mobile devices.
No Upsells or Add-Ons In Checkout
On the checkout page, I would really like to see an ability that is Extra to suggest Other products. If they’re purchasing a package of logo templates for $5, I propose some other product that could interest them that they previously didn’t know about, or might offer a bundle of business card templates to get a few dollars. This is something that websites like VistaPrint and Amazon do well.
I can’t help but feel like there is a lot of money Table — for myself and Payhip — without this operation. This may enhance the Payhip experience 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 in London, they have BST was place to by the timezone for the entire website. Since I’m found in the EST, I will sometimes check my analytics at 7PM or later and see that I made 0 earnings for the day because Payhip believes it’s midnight and its information reflects that.
This is mostly a non-issue, however I Would like to observe the ability to adjust the website to your timezone. Sell Digital Products Embed
More Flexibility with Coupon Codes
I know I raved about the coupon Code feature earlier, but it’s not quite perfect.
As it stands, the sole advertising You can run via a voucher code is for a percentage off. Ideally, I’d love to be able to offer a dollar amount to set a sale price.
Right Now, if I want to put a $27 merchandise On sale for $10, I have to break out the calculator and do the math to determine what percent off will leave the price at $10. I believe this is unnecessary and could be improved.
When creating A new product in Payhip, you also have access to innovative alternatives including —
- Make your merchandise private.
- Insert an ISBN (Internation Standard Book Number) to your eBook.
- Publish a sample or preview pages.
- To the number of copies of market or your product can 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 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 vendor on Payhip, do you recommend it? Total, yes. I am very much a satisfied client, but whether you ought to use it depends upon your own situation.
If you’re a new blogger with a small audience And you can’t justify spending $10+ per month to get something such as Gumroad, then yes, I would recommend Payhip. But if you know that you’ll do at least $ 1,000 in sales every month and sell a product or have a huge audience, you might want to check 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 a month.
If you are going to be selling $1,000 a month in total volume, the math should (in most cases) prefer Payhip. But if you’re selling well into the thousands, you are probably going to need to decide on Gumroad or start looking into another alternative. This is dependent on the number of transactions it takes to achieve those sales numbers though, so make sure that you crunch the numbers.
Personally, I absolutely love the Payhip Expertise and am thankful for their services. I would like to see them continue to grow and succeed. Sell Digital Products Embed