Background Sell Digital Subscriptions
Of all the ways of monetizing blog Articles, my favorite method is To create and sell products like studying design templates and materials. I have discovered that it is extraordinarily rewarding than running ads and self-made products convert at a significantly greater speed than an affiliate product that somebody else created. The support I use to ease this is Payhip, and this article 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 Subscriptions
My Payhip Expertise
If you’ve ever wanted to sell digital products Through your own website, you are going to need a means to facilitate trades — some kind 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 issue.
What is Payhip?
Payhip is An e-commerce platform/website that gives customers with solutions and the tools for hosting and promoting electronic products to their customers 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 couple of these in the past.
For me personally, having A platform that is simple to use and one that doesn’t require a huge amount of my time is of utmost significance.
Payhip will Save a lot of time also because everything is taken care of on the Payhip platform.
The Benefits that I’ve gained the most from utilizing Payhip include –
- EU VAT is cared for, and it is a big plus in my book.
- Affordable. The website takes zero fees asides From 5% per transaction when you sell a product.
- Accessibility to analytics accounts.
- Access to advertising tools. You have the option to create Coupons and social discounts.
- Capability to signup, handle and reward your affiliates.
- Access to merchandise sharing tools. Plus it is possible to embed Buy and your merchandise Now buttons on blog or your own website.
- The Capacity to setup mailing lists so that your customers can Subscribe and stay current with your electronic products, and more.
- Immediate digital product delivery via email link for customers.
What I Enjoy About Payhip
Let’s get to the information. After my 2+ year Payhip experience, here’s what I really like about the service…
Upgrades Are Instantaneous
Payhip let us your customers pay with PayPal Or by credit/debit card using Stripe, plus they do not pay out monthly/weekly/quarterly or make you wait for them to clear some kind of holding period. When a customer makes a purchase, the money is instantly available in your account, and if you have the PayPal and Stripe apps installed on your mobile device, you are going to receive notifications each time a sale happens. Sell Digital Subscriptions
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 also see you made X amount of dollars while you were sleeping, and it is all easily available for you to spend. The only caveat to this is Stripe. If your clients card with Stripe, there will be a three day hold until the cash is available. That is Stripe however — Payhip does not hold your cash in any way.
No Monthly Charges
Among the things that Payhip originally sold me is that there’s no Monthly charges or setup charges — only a simple flat fee of 5 percent per sale.
This was appealing to me back in 2016 Because, at the moment, my readership was less than 1/10th of what it is now, and I wasn’t positive that I was going to always sell enough product to warrant paying a monthly fee to get a similar service like Gumroad. As a relatively new blogger having a small crowd, Payhip was the quickest solution that best fit my situation.
Easy To Understand Analytics
Payhip’s back end Provides an analytics page That lets you see transactions and earnings quantities relative to this day, week, month, year, or any other given selection. Best of all, it is a very straightforward and to-the-point report.
If you’ve used Google Analytics or Facebook analytics, the amount of information you’re immediately smacked in the face with can be a bit overwhelming, and lots of it’s mostly useless also. Payhip just gives you exactly what you are there to see — revenue data. Nothing more, nothing less.
Run Promotions with Coupon Codes
Another advantage users of Payhip experience is The ability to conduct promotions by creating coupon codes.
The codes can be for almost any percentage you would Like and for any (or all) products. They can run for any length you want (or even indefinitely,) along with the code itself can even be customized to whatever series of text you would like.
I’ve found this to be very useful. Sometimes I’ll conduct a weekend marketing, place it on Facebook, then raise the article targeting a pixel re-marketing audience and I don’t fail to go ROI positive by it. People do respond to limited time offers. Sell Digital Subscriptions
Your Own Affiliate Program
Payhip Provides you the ability Readers register as an affiliate of your store, and you are able to grant someone purchases a product with their custom affiliate link.
This is useful because it allows people To sell your products for you, the commissions paid will be worth it and should they have an audience of their own and a platform that they can tap to.
Easy Integration with Email Marketing
You will be if you’re into email advertising Able to readily incorporate Payhip along with your email advertising supplier that is preferred so that a purchase is made, the buyer’s email address could be added to a listing that is selected.
This is relatively minor but I think it’s Pretty cool so I wish to give it a reference — if you so desire, you can have Payhip postage the buyer’s email address into the upper left corner of each page of a PDF document they’ve purchased.
So if someone intends to buy your PDF Publication make it accessible for free they will have to be okay with their personal email address being publicly accessible. I believe that is a creative way of deterring pirating.
Upload Many Kinds of Files
Payhip is a marketplace for ebooks — It’s possible to upload any kind of file. Font files, video/audio documents, photos, software, etc..
Overall Simplicity and Modern Design
1 thing that can’t be overlooked whenever You are selling something is your site appears. Individuals generally do not trust websites which appear outdated, myself included. If a site looks like it hasn’t been upgraded because the net 2.0 times, then I start to wonder if maybe I am in an abandoned building and putting my payment information into it’d pretty much be just like throwing my money into a black hole.
That is not the case with Payhip though. The Website has a layout that is simple and very contemporary. In the event that you should buy a product on the world wide web, this is exactly what you would anticipate a checkout page by a company. Sell Digital Subscriptions
Another thing I enjoy about Payhip is its own Overall simplicity. From the a visitor lands on your product page, Payhip remains out of the way. They display your graphics, sales copy, and just the critical info (like price.) They do absolutely nothing to interfere with your purchase — no self-promotion whatsoever.
Eventually, what I like about Payhip is That customer payment info isn’t stored by them, meaning that your customers’ payment details are safe. The payment is managed through PayPal or Stripe, and I prefer it this way as they’re successful companies with lots of money to invest on top-shelf security.
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 improved…
No Mobile App
1 thing that bugs me about Payhip is that They do not possess a mobile app. It’d be convenient to have the ability to open an app and take a look through my sales data while I’m out and about. You may log in to the site and do this, but the site is optimized for mobile devices.
I enjoy Payhip, but that is a very Bad appearance in 2018. There’s no reason you shouldn’t have a site optimized for mobile, and once you’ve got that, you ought to be able to easily turn the site itself 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 encounter a better platform when they are on their mobile devices.
No Upsells or Add-Ons At Checkout
On the checkout page, I’d really like to see an ability that is Extra to indicate Other products similar to what the client is going to purchase. By way of example, if they are purchasing a package of templates for $5, then I suggest, or might provide a package of business card templates for a few bucks. This is something that sites like Amazon and VistaPrint do well.
I can’t help but feel like there’s a Great Deal of money being left on the 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 largely frivolous, but I had still Like to see it fixed.
Since Payhip is located at London, they’ve The working timezone for the entire site set to BST. Since I am located in the EST, I’ll sometimes check my analytics at 7PM or afterwards and see that I made 0 earnings for the day since Payhip thinks it is midnight and its data reflects that.
This is largely a non-issue, however I Would like to see the capability to correct the website to your timezone. Sell Digital Subscriptions
More Flexibility with Coupon Codes
I know I raved about the voucher Code feature earlier, but it is not perfect.
As it currently stands, the sole promotion You can run through a voucher code. Ideally, I’d like to have the ability to supply a dollar amount from the original price, or the capability to set a sale price.
Right Now, if I want to put a merchandise that is $27 Available for $10, do the math to figure out what percentage off would leave the last price at $10 and I have to break out the calculator. I believe 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.
- Add an ISBN (Internation Standard Book Number) to your eBook.
- Upload a sample or preview pages.
- To the number of copies of your product or market can be Insert a limit amount sold.
- Generate a license key .
Just how much does it cost?
Payhip will Cost you to set up or host your products. The site takes just 5% commission per transaction fee.
Can 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 or not you should use it depends upon your situation.
If you’re a new blogger with a small audience And you can’t justify spending $10+ a month for something like Gumroad, then yes, I would recommend Payhip. If you sell a merchandise that is high-ticket or have a massive audience and know you’ll do at least $ 1,000 in sales every month, you may want to check into something.
As of this date of this writing, Payhip works On a flat fee of 5% of each sale. Gumroad’s fee is now 3.5% + $0.30 per transaction + $10 per month.
If you’re going to be selling less than $1,000 a month in total volume, the math should (in most cases) prefer Payhip. But if you’re selling into the thousands, you need to decide on Gumroad or look into some alternative. This is largely dependent on how many transactions it takes to achieve those sales numbers so be certain that you crunch the numbers.
Personally, I love the Payhip Experience and am thankful for their services. I want to see them continue to grow and succeed. Sell Digital Subscriptions