Introduction Sell Digital Software Online
Of All of the ways of monetizing blog content, my method is Such as studying materials and design templates to make and sell electronic products. I have discovered that it’s extraordinarily more rewarding than running advertisements from networks such as AdSense, and self explanatory products convert at a significantly higher speed compared to an affiliate product that someone else created. The service I use to facilitate this is Payhip, and this post I will be sharing what I both like and dislike about the ceremony based on my Payhip experience as a vendor for 2+ years. Sell Digital Software Online
My Payhip Experience
If you wanted to market 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 also have it instantaneously delivered to them with complete hands-off automation. Payhip solves this issue.
What is Payhip?
Payhip is An e-commerce platform/website that gives users with the simplest tools and options for promoting digital products to their clients and hosting online.
The Provider Was co-founded by Abs Farah and Kahin Farah and is now based in my capital city of London.
What are the advantages of using Payhip?
Each online Platform differs, and I’ve used a few of them in the past.
Having A platform that is really simple to use and one that doesn’t require a huge amount of my valuable time is of paramount significance.
Payhip will Save a lot of time because everything is cared for on the Payhip platform.
The Advantages that I’ve gained the most from utilizing Payhip comprise –
- EU VAT is cared for, which can be a huge plus in my book.
- Affordable. The website takes zero fees asides From 5 percent per trade when you sell a digital product.
- Accessibility to analytics reports.
- Access to marketing tools. You have the option to create Coupons and social discounts.
- Capability to signup, manage and reward your own affiliates.
- Access to product sharing programs . Plus it is possible to embed Buy and your merchandise Now buttons right on your own website or blog.
- The Capacity to set mailing lists so that your clients can Subscribe and remain up to date with your goods, and more.
- Immediate digital product shipping via email link for customers.
What I Like About Payhip
Let’s get to the details. Following my 2 year Payhip experience, here’s what I really like about the ceremony…
Payments Are Instantaneous
Payhip let us your customers pay with PayPal Or by credit/debit card using Stripe, and they don’t cover monthly/weekly/quarterly or make you wait for them to clear some sort of holding period. When a customer makes a purchase, the cash is instantly available in your account, and in case you have the PayPal and Stripe apps installed on your mobile device, you are going to receive notifications whenever a sale occurs. Sell Digital Software Online
I happen to appreciate this. The excitement of Seeing a sale never gets old. It’s also good to wake up in the morning, reach to your phone, and also see you made X number of dollars while you’re sleeping, and it’s all readily available for you to spend. The only caveat to this is Stripe. If your clients card using Stripe, there will be a three day hold until the money is available. That is all Stripe though — Payhip doesn’t hold your money at all.
No Monthly Fees
Among those things that Payhip originally sold me is that there is no Monthly fees or setup charges — just a simple flat fee of 5% per purchase .
This was attractive to me back in 2016 Since, at the moment, my readership was 1/10th of what it’s now, and I was not positive I was likely to consistently sell enough product to justify paying a monthly fee for a similar service like Gumroad. As a relatively new blogger having a little audience, Payhip was the no-risk solution that best match my scenario.
Easy To Know Analytics
Payhip’s back end Provides an page That enables you to see transactions and earnings amounts relative to the day, month, week, year, or any other specified range. Best of all, it’s a very straightforward and to-the-point report.
If you have ever used Google Analytics or Facebook analytics, the number of data you’re immediately smacked in the face can be a bit overwhelming, and a lot of it’s largely useless too. Payhip just provides you exactly what you are there to see — sales information. Nothing more, nothing less.
Run Promotions with Coupon Codes
Another advantage users of Payhip encounter is By producing coupon codes, promotions to conduct.
The codes may be Like and for any (or all) products. They could run for any length you’d like (or even permanently,) along with the code itself can even be customized to whatever string of text you would like.
I’ve found this to be somewhat useful. Occasionally I’ll run a weekend marketing, place it on Facebook raise the post 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 Software Online
Your Own Affiliate Program
Payhip gives you the capability Readers register as an affiliate of your shop, and you are able to grant, someone buys a product using their custom affiliate link.
This is useful since it allows people To market your products for you, and should they have a platform and an audience of their own that they can tap into, the commissions paid will be worthwhile.
Easy Integration with Email Marketing
If you’re into marketing, you’ll be Able to readily integrate Payhip with your email marketing provider so that a sale is made, the email address of the purchaser could be added into a listing that is selected.
This is small but I think it’s Pretty cool so I wish to give it a mention — if you desire, you can have Payhip postage the purchaser’s email address to the top left corner of each page of a PDF document they’ve purchased.
So if someone intends to buy your PDF Book make it available for free they will need to be fine with their private email address being available as well. I believe that is a way of deterring pirating.
Upload Many Sorts of Files
Payhip is a marketplace for ebooks — It’s possible to upload virtually any kind of electronic file. Font documents, video/audio documents, photographs, software, etc..
Total Simplicity and Modern Design
1 thing that can not be overlooked whenever You’re selling something is the way present your site appears. People generally do not trust sites which appear outdated, myself included. If a site looks like it has not been upgraded since the net 2.0 times, then I begin to wonder if perhaps I’m in an abandoned construction and placing my payment information into it’d pretty much be like throwing my money into a black hole.
That is not true with Payhip though. The Website has a design. This is exactly what you’d expect a checkout page from a trusted business, In the event that you were to purchase a product on the world wide web. Sell Digital Software Online
Another thing that I like 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 images, sales copy, and just the crucial info (like price.) They do nothing to interfere with your sale — no.
Finally, what I like about Payhip is That customer payment information isn’t stored by them, meaning your clients’ payment details are safe. The payment is completely handled through Stripe or PayPal, and I prefer it that way because they are large, successful companies with lots of money 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 ceremony and would like to see improved…
No Mobile App
1 thing that bugs me about Payhip is that They don’t have a app. It’d be convenient to be able to open an app and have a look through my data while I am out and about. You do so and may log into the site, but the website isn’t optimized for mobile devices.
I enjoy Payhip, but that is a really Bad appearance in 2018. There’s no reason you should not have a site optimized for mobile, and once you have that, you should be able to easily turn the website itself right into it’s own program so users don’t have to manually sign in each time they want to inspect sales information. Permit users of Payhip experience a better platform when they’re on their cellular devices.
No Upsells or Add-Ons In Checkout
On the checkout page, I’d really like to see an Extra capability to suggest Other products. If they are purchasing a package of templates for $5, I might offer a bundle of business card templates for a couple of extra dollars, or suggest. This is something that websites like VistaPrint and Amazon do.
I can’t help but feel like there is a Great Deal of money being left on the Table — for myself and Payhip — with no operation. This may improve the Payhip experience for both the vendor and the client.
Establish 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 The working timezone for the website set to BST. Since I’m found in the EST, I’ll occasionally check my stats at 7PM or afterwards and see that I left 0 sales for the day since Payhip thinks it’s midnight and its information reveals that.
This is a non-issue, but I Would like to observe the ability to correct the site. Sell Digital Software Online
More Flexibility with Coupon Codes
I know I raved about the voucher It’s not perfect, although Code attribute earlier.
As it currently stands, the advertising You’re able to run via a voucher code is for a percent off. I’d like to be able to supply a dollar amount off the price, or the capability to set a sale price that is specified.
Right Now, if I want to place a product that is $27 On sale for $10, manually do the math to figure out what percentage off will render the final price at $10 and I must break out the calculator. I think that is unnecessary and could be made better.
When creating A new product in Payhip, you have access to advanced alternatives including —
- Make your merchandise private.
- Add an ISBN (Internation Standard Book Number) to your eBook.
- Upload sample pages or a preview.
- Add a limitation amount sold.
- Generate a license key that is exceptional .
Just how much does it cost?
Payhip will Cost you to establish or even host your electronic products. The website takes only 5% commission per trade fee.
Can I Recommend Payhip?
This leaves us with the burning question: after two + years as a vendor on Payhip, would you recommend it? Overall, yes. I am very much a customer, but whether or not you ought to use it depends on your situation.
If you’re a blogger with a small audience And you can not justify spending $10+ per month to get something such as Gumroad, then yes, I would recommend Payhip. If you sell a product that is high-ticket or have a huge audience and know you’ll be doing at least $ 1,000 in sales each month, you might want to check into something most cost-efficient.
As of the date of the writing, Payhip works On a flat fee of 5 percent of each sale. Gumroad’s fee is currently 3.5% + $0.30 per transaction + $10 per month.
If you’re going to be promoting $1,000 a 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 want to decide on Gumroad or start looking into some choice. That is all largely dependent on how many transactions it requires to reach those sales numbers though, so make sure to crunch the numbers.
Personally, I love the Payhip Expertise and am very thankful for their services. I would like to see them continue to grow and succeed. Sell Digital Software Online