Intro Sell Digital Tickets
Of all the ways of monetizing Articles, my Strategy is Such as learning materials and design templates to create and sell electronic products. I have discovered that it is extraordinarily profitable than running ads and products convert at a greater rate compared to an affiliate product that someone else created. The service I use to facilitate this can be Payhip, and this post I will be discussing what I like and dislike about the service based in my Payhip experience for a seller for two + years. Sell Digital Tickets
My Payhip Experience
If you have ever wanted to sell products Through your own website, you’ll want a means to facilitate transactions — some kind of infrastructure which will enable a customer to select your goods, cover it, and have it immediately delivered to them with whole hands-off automation. Payhip solves this issue.
Payhip is An e-commerce platform/website that provides customers with the tools and solutions for hosting and promoting digital products to their clients online.
The Provider Was co-founded by Abs Farah and Kahin Farah and is now based in my capital city of London.
Which are the benefits of utilizing Payhip?
Each online Platform differs, and I’ve used a few of them in the past.
Having A stage that is simple to use and one that does not take a massive amount of my precious time is of utmost importance.
Payhip will Save you a lot of time also because everything is taken care of 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 charges asides From 5 percent per trade when you sell a digital product.
- Access to analytics accounts.
- Access to advertising tools. You have the option to make Societal and coupons discounts.
- Ability to signup, handle and reward your own affiliates.
- Access to merchandise sharing tools. Plus it is possible to embed Buy and your product Now buttons on your website or blog.
- The ability to setup mailing lists so that your clients can Subscribe and remain up to date with your electronic goods, and much more.
- Immediate digital merchandise delivery via email link for buyers.
What I Like About Payhip
Let us get to the details. After my 2 year Payhip expertise, 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 pay out monthly/weekly/quarterly or make you wait around for them to clean some kind of holding period. When a customer makes a purchase, the money is instantly available on your account, and in case you’ve got the PayPal and also Stripe programs installed on your mobile device, you are going to receive notifications whenever a sale occurs. Sell Digital Tickets
I happen to appreciate this. The excitement of Seeing a brand new sale never gets older. In addition, it is great to awake in the morning, reach for your telephone, and see that you made X number of dollars while you’re sleeping, and it is all easily available for you to spend. The only caveat to this can be Stripe. If your customers card with Stripe, there’ll be a 3 day hold until the money is available. That is all Stripe however — Payhip doesn’t hold your cash at all.
No Monthly Charges
One of those things that Payhip initially sold me is that there is no Monthly charges or setup charges — only a simple flat charge of 5% per purchase .
This was appealing to me back Because, at the moment, my readership was 1/10th of what it is now, and I wasn’t positive that I was going to consistently sell enough product to justify paying a monthly fee for a similar service like Gumroad. As a relatively new blogger with a small audience, Payhip was the no-risk solution that best fit my scenario.
Simple To Understand Analytics
Payhip’s back end Provides an page That enables you to see transactions and earnings amounts relative to this day, month, week, year, or any other specified range. On top of that, it is a to-the-point and simple report.
If you have used Google Analytics or Facebook analytics, the number of data you are instantly smacked in the face with can be somewhat overwhelming, and a lot of it’s mostly useless too. Payhip just provides you exactly what you are there to see — revenue data. Nothing more, nothing less.
Run Promotions with Coupon Codes
Another benefit users of Payhip experience is The capacity to run promotions.
The codes can be for any percentage you would Enjoy and for any (or all) products. They could run for any duration you’d like (or even indefinitely,) and the code itself may even be customized to whatever series of text you desire.
I’ve found this to be somewhat useful. Sometimes I’ll conduct a weekend marketing, post it on Facebook, then raise the post targeting a pixel audience that is re-marketing and I don’t fail to go ROI positive with it. People truly do respond to limited time offers. Sell Digital Tickets
Your Own Affiliate Program
Payhip Provides you the capability Readers sign up as an affiliate of your store, and you are able to grant someone buys a product using their custom affiliate link.
This is useful since it allows other Men and Women To market your merchandise for you, the commissions paid will be worth it and if they have a stage and an audience of their own they can tap to.
Easy Integration with Email Marketing
You’ll be, if you are into advertising Able to incorporate Payhip with your email advertising provider that is preferred so that a sale is made, the email address of the purchaser can be added into a list that is chosen.
That is relatively minor 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 into the upper left corner of each page of a PDF document they have bought.
So if someone intends to Purchase Your PDF Publication make it publicly available for free somewhere else, they’ll need to be fine with their email address being accessible. I believe that’s a really creative means of deterring pirating.
Upload Most Sorts of Files
Payhip is a marketplace for ebooks — You can upload just about any kind of electronic file. Font documents, video/audio documents, photos, software, etc..
Overall Simplicity and Modern Design
One thing that can’t be overlooked whenever You’re selling something is your website looks. People do not trust myself included. If a website looks like it has not been updated since the net 2.0 times, then I begin to wonder if perhaps I am in an abandoned building and putting my payment information into it would pretty much be like throwing my money into a black hole.
That is not the case with Payhip though. The Site has a design that is very modern and simple. This is what you would expect a checkout page by a company, In the event that you should purchase a digital product on the world wide web. Sell Digital Tickets
Another thing I enjoy about Payhip is its own In general simplicity. From 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 critical info (like price.) They do nothing to interfere with your sale — no self-promotion whatsoever.
Eventually, what I really enjoy about Payhip is That they do not store customer payment information, meaning that your customers’ payment details are safe. The payment is completely managed through Stripe or PayPal, and I prefer it that way because they are big companies with lots of cash to spend on top-shelf security.
What I Dislike About Payhip
As much as I like Payhip, it’s 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 about Payhip is that They don’t have a app. It would be convenient to be able to open an app while I am out and about and have a look through my data. You do so and may log into the site, but the site isn’t optimized for mobile devices.
I like Payhip, but this is a really Lousy look in 2018. There is no reason you should not have a website optimized for cellular, and when you have that, you should be able to easily turn the website itself into it’s own app so users don’t need to manually register in each time they would like to inspect sales data. Permit users of Payhip encounter a platform when they are on their devices.
No Upsells or Add-Ons In Checkout
On the checkout page, I would like to see an ability that is added to suggest Other products similar to what the customer is about to purchase. If they are buying a package of templates for $5, then I suggest, or could provide a bundle of business card templates for a couple of dollars. This is something that sites like Amazon and VistaPrint do quite well.
I can not help but feel as though there is a Great Deal of money being left on the Table — for myself and Payhip — without this operation. This could enhance the Payhip experience for both the customer and the vendor.
Establish On A Fixed Timezone
This one is mostly frivolous, but I’d still Prefer to see it fixed.
Since Payhip is located at London, they have BST was place to by The functioning timezone for the whole website. Since I’m found in the EST, I will occasionally check my stats at 7PM or afterwards and see that I left 0 earnings for the day because Payhip believes it’s midnight and its own data reflects that.
Again, this is mostly a non-issue, but I Would like to see the ability to correct the site to your timezone. Sell Digital Tickets
More Flexibility with Coupon Codes
I know I raved about the voucher It’s not quite perfect yet, although Code attribute earlier.
As it stands, the only promotion You’re able to run via a voucher code. Ideally, I’d like to be able to offer a dollar amount from the cost, or the capability to set a sale price.
At the moment, if I Need to put a product that is $27 Available for $10, manually do the math to determine what percent off will leave the final price at $10 and I have to break out the calculator. I believe that is unnecessary and may be made better.
When creating A brand new product in Payhip, you also have access to innovative options including —
- Make your merchandise personal.
- Insert an ISBN (Internation Standard Book Number) for your eBook.
- Upload a sample or preview pages.
- To how many copies of your product or eBook can be Insert a limit number sold.
- Create a license key .
Just how much does it cost?
Payhip will Cost you or even host your digital products. The site takes just 5% commission per transaction fee.
Would I Recommend Payhip?
This leaves us with the burning question: after two years as a vendor on Payhip, would you recommend it? Total, yes. I am very much a satisfied client, but whether you ought to use it depends upon your situation.
If you’re a blogger with a small audience And you can’t justify spending $10+ per month for something such as Gumroad, then yes, I would recommend Payhip. But if you know that you’ll be doing at least $ 1,000 in sales every month and market a merchandise that is high-ticket or have a massive audience, you might want to check into something most cost effective.
As of the date of this writing, Payhip works On a set 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 per month in total quantity, the math should (typically ) prefer Payhip. But if you’re selling into the thousands, you’ll probably need to go with Gumroad or look into another alternative. That is all largely dependent on how many transactions it requires to achieve those sales numbers so make sure that you crunch the numbers.
Personally, I love the Payhip Experience and am really thankful for their services. I would like to see them continue to grow and succeed. Sell Digital Tickets