Background Sell Digital Videos On Amazon
Of all the ways of monetizing Articles, my favorite method is Such as studying materials and design templates, to make and sell electronic products. I’ve discovered that it’s extraordinarily more profitable than running ads and self-made products convert at a much greater speed than an affiliate product that somebody else created. The support I use to ease this can be Payhip, and this article I will be discussing what I both like and dislike about the service based in my Payhip expertise for a vendor for 2+ years. Sell Digital Videos On Amazon
My Payhip Expertise
If you have ever wanted to sell 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 have it immediately delivered to them with complete hands-off automation. Payhip solves this issue.
What is Payhip?
Payhip is An that provides customers with the tools and options for hosting and selling products directly to their customers 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 differs, and I’ve used a couple of them in the past.
Having A stage that is easy to use and one that does not require a huge amount of my time is of paramount significance.
Payhip will Save you a great deal of time too because everything is cared for on the Payhip platform.
The Benefits that I’ve gained the most from using Payhip comprise –
- EU VAT is taken care of, and it 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 item.
- Accessibility to analytics reports.
- Access to marketing tools. You have the option to make Social and Coupons discounts.
- Ability to signup, handle and reward your own affiliates.
- Access to merchandise sharing programs . Plus it is possible to embed Buy and your product Now buttons right on your own website or blog.
- The ability to setup mailing lists so that your clients can Subscribe and stay up to date with your products, and much more.
- Immediate digital merchandise delivery via email link for buyers.
What I Like About Payhip
Let us get to the details. Following my 2 year Payhip expertise, Here Is What I love about the ceremony…
Upgrades 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 force you to wait around for them to clean some kind of holding period. When a client makes a purchase, the money is instantly available on your accounts, and in case you’ve got the PayPal and Stripe apps installed on your mobile device, you’ll get notifications whenever a sale occurs. Sell Digital Videos On Amazon
I happen to love this. The excitement of Seeing a brand new sale never gets old. In addition, it is good to awake in the morning, reach for your phone, and also see that you made X amount of dollars while you’re sleeping, and it is all easily available for you to spend. The caveat to this is Stripe. If your customers card with Stripe, there will be a three day hold before the cash is available. This is Stripe though — Payhip doesn’t hold your cash in any way.
No Monthly Charges
One of those things that Payhip originally sold me on is that there is no Monthly charges or installation charges — only a simple flat fee of 5% per purchase .
This was attractive to me back in 2016 Because, at the moment, my readership was 1/10th of what it is now, and I was not positive that I was going to consistently sell enough product to warrant paying a monthly fee to get 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.
Easy To Understand Analytics
Payhip’s back end offers an page That lets you see transactions and earnings amounts relative to this day, month, week, year, or any other specified selection. Best of all, it’s a report that is to-the-point and very straightforward.
If you have ever used Google Analytics or Facebook analytics, the number of data you’re instantly smacked in the face with can be somewhat overwhelming, and lots of it is mostly useless too. Payhip just gives you what you’re there to see — sales information. Nothing more, nothing less.
Run Promotions with Coupon Codes
Another benefit users of Payhip encounter is By creating coupon codes promotions to run.
The codes can be for almost any percentage you would Like and for any (or all) products. They could run for any length you’d like (or even permanently,) and the code itself can even be customized to whatever series of text you would like.
I have found this to be useful. Occasionally I’ll run a weekend promotion, post it on Facebook raise the article targeting a pixel audience that is re-marketing and I don’t fail to go ROI positive by it. People do respond to limited time offers. Sell Digital Videos On Amazon
Your Own Affiliate Program
Payhip gives you the capability Readers register as an affiliate of your store, and you are able to award, whenever someone purchases a product with their custom affiliate link.
This is useful since it allows people To market your products for you, the commissions paid will be well worth it, and if they have a platform and an audience of their own that they can tap to.
Easy Integration with Email Marketing
You’ll be if you’re into email marketing Able to incorporate Payhip along with your email marketing provider so that whenever a sale is made, the purchaser’s email address could be added to a list.
This is small 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 bought.
So if someone intends to buy your PDF Book then make it available for free they will need to be okay with their email address being accessible. I think 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 file. Font documents, video/audio documents, photos, software, etc..
Total Simplicity and Modern Design
1 thing that can’t be overlooked whenever You’re selling something is your website looks. People do not trust myself included. If a site looks like it hasn’t been upgraded because the net 2.0 days, I begin to wonder if maybe I am in an abandoned construction and putting my payment info to it’d pretty much be just like throwing my money into a black hole.
That is not true with Payhip though. The Website has a design that is very modern and easy. This is what you would expect a checkout page from a business, if you should buy a digital product on the internet. Sell Digital Videos On Amazon
Another thing I enjoy about Payhip is its Overall simplicity. In the a visitor lands on your product page, Payhip stays out of the way. They display your graphics, sales copy, and only the critical info (like price.) They do nothing to interfere with your sale — no.
Eventually, what I really like about Payhip is That they do not store customer payment info, meaning your clients’ payment details are secure. The payment is handled through PayPal or Stripe, and I prefer it this way as they are successful companies with lots of money.
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
One thing that bugs me around Payhip is that They do not possess a program. It’d be convenient to be able to start an app and have a look while I’m out and around. The site isn’t optimized for mobile devices, although you can log into the site and do this.
I enjoy Payhip, but that is a very Bad look in 2018. There is no reason you shouldn’t have a site optimized for mobile, and once you have that, you ought to be able to easily turn the site itself right into it’s own program so users don’t have to manually sign in every time they want to check sales data. Users of Payhip experience a better platform when they are on their devices.
No Upsells or Add-Ons In Checkout
On the checkout page, I’d like to see an Extra capability to suggest Other products similar to what the client is going to purchase. If they are buying a package of templates for $5, I might provide a bundle of business card templates to get a few bucks, or propose some other product that could interest them that they didn’t know about. This is something that websites like VistaPrint and Amazon do.
I can’t help but feel like there is a Great Deal of money Table — for myself and Payhip — without this operation. This may enhance the Payhip experience for both the client and the vendor.
Set On A Fixed Timezone
This one is frivolous, but I had still Like to see it fixed.
Since Payhip is located at London, they have The functioning timezone for the whole website set to BST. Since I am found in the EST, I’ll sometimes check my stats at 7PM or afterwards and see that I left 0 earnings for the day since Payhip thinks it’s midnight and its information reveals that.
This is a non-issue, but I Would love to see the capability to adjust the site. Sell Digital Videos On Amazon
More Flexibility with Coupon Codes
I know I raved about the coupon Code feature earlier, but it is not perfect.
As it now stands, the sole advertising You can run via a coupon code. Ideally, I’d like to be able to supply a dollar amount to set a sale price that is specified.
At the moment, if I Need to place a merchandise Available for $10, I have to break out the calculator and do the math to figure out what percent off will leave the cost at $10. I believe this is unnecessary and may 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 couple of preview or sample pages.
- To how many copies of eBook or your product can be, add a limit number sold.
- Generate a unique license key .
Just how much does it cost?
Payhip will Cost you or host your products. The website takes just 5% commission per transaction fee.
Would I Recommend Payhip?
This leaves us with the burning question: after 2+ years as a seller on Payhip, would you recommend it? Total, yes. I am very much a satisfied customer, but whether or not you ought to use it depends on your situation.
If you are a new blogger with a small audience And you can’t justify spending $10+ per month to get something like Gumroad, then yes, I would recommend Payhip. However, if you have a huge audience or sell a product and know that you’ll do at least $1,000 in sales every month, 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 every sale. Gumroad’s fee is currently 3.5% + $0.30 per transaction + $10 per month.
If you are going to be selling less than $1,000 a month in total quantity, the math should (typically ) favor Payhip. But if you are selling into the thousands, you’ll probably want to go with Gumroad or look into another alternative. That is all largely dependent on how many transactions it takes to achieve those sales numbers so make certain that you crunch the numbers.
Personally, I absolutely love the Payhip Experience and am thankful for their solutions. I want to see them continue to grow and succeed. Sell Digital Videos On Amazon