Background Sell Downloadable Goods
Of All of the ways of Creating Articles, my favorite Strategy is Such as studying design templates and materials to make and sell digital products. I’ve found that it is extraordinarily more profitable than running advertisements and products convert at a much greater rate compared to an affiliate product that someone else created. The service I use to facilitate this can be Payhip, and this article I will be discussing what I like and dislike about the service based on my Payhip experience for a seller for two + years. Sell Downloadable Goods
My Payhip Expertise
If you wanted to market digital products Through your own website, you are going to want a means to facilitate trades — some sort of infrastructure that will allow a customer to select your product, cover it, and also have it immediately delivered to them with whole hands-off automation. Payhip solves this problem.
Payhip is An that provides users with the easiest tools and options for selling digital products to their customers and hosting 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 benefits of utilizing Payhip?
Each online Platform differs, and I have used a couple of these previously.
For me, having A stage that is really easy to use and one that does not require a massive amount of my time is of paramount importance.
Payhip will Save a lot of time too because everything is cared for on the Payhip platform.
The Benefits that I’ve gained the most from using Payhip include –
- EU VAT is cared for, and it is a big plus in my book.
- Affordable. The website takes zero charges asides From 5% per trade when you sell a digital product.
- Access to analytics accounts.
- Access to marketing tools. You have the option to create Social and Coupons discounts.
- Capability to signup, manage and reward your affiliates.
- Access to product sharing tools. Plus you can embed Purchase and your merchandise Now buttons right on blog or your own site.
- The Capacity to set mailing lists so that your customers can Subscribe and stay up to date with your electronic goods, and more.
- Instant digital merchandise delivery via email link for buyers.
What I Enjoy About Payhip
Let’s get to the details. After my 2 year Payhip experience, Here Is What I really like about the service…
Payments Are Instantaneous
Payhip let us your customers pay with PayPal Or by credit/debit card with 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 cash is instantly available on your account, and if you have the PayPal and also Stripe programs installed on your mobile device, you are going to receive notifications whenever a sale occurs. Sell Downloadable Goods
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 to your telephone, and also see that you made X number of dollars while you’re sleeping, and it’s 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 before the money is available. This is all Stripe however — Payhip does not hold your cash in any way.
No Monthly Charges
One of the things that Payhip originally sold me is that there is no Monthly fees or installation charges — just a simple flat fee of 5 percent per sale.
This was appealing to me Since, at the moment, my readership was less than 1/10th of what it’s now, and I wasn’t positive that I was likely to consistently sell enough product to warrant paying a monthly fee for a similar service such as Gumroad. As a relatively new blogger having a little audience, Payhip was the quickest solution that best match my scenario.
Simple To Understand Analytics
Payhip’s back end offers an analytics page That enables you to see trades and earnings quantities relative to this day, week, month, year, or any other specified selection. Best of all, it’s a report.
If you used Google Analytics or Facebook analytics, the number of data you’re immediately smacked in the face with can be somewhat overwhelming, and a lot of it’s mostly useless too. Payhip just provides you what you’re there to view — revenue information. Nothing more, nothing less.
Run Promotions with Coupon Codes
Another advantage users of Payhip experience is By creating coupon codes, promotions to conduct.
The codes may be Enjoy and for any (or all) products. They could run for whatever duration you’d like (or even permanently,) along with the code itself may even be customized to whatever series of text you would like.
I’ve found this to be helpful. Occasionally I’ll conduct a weekend promotion, 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 really do respond well to limited time offers. Sell Downloadable Goods
Your Own Affiliate Program
Payhip gives you the capability to let your Readers register as an affiliate of your shop, and you are able to grant them a commission of whatever percentage you’d like someone purchases a product with their custom affiliate link.
This is useful since it allows other people To market your products the commissions paid will be worthwhile and if they have an audience of their own and a platform they can tap into.
Easy Integration with Email Marketing
You will be, if you’re into advertising Able to integrate Payhip with your email advertising supplier so that whenever a sale is made, the purchaser’s email address can be added into a selected listing.
This is minor but I think it’s Pretty cool so I wish to give it a mention — if you desire, you’ll have Payhip postage the purchaser’s email address into the top left corner of every page of a PDF document they have bought.
So if someone intends to Purchase Your PDF Publication make it publicly accessible for free somewhere else, they’ll have to be fine with their private email address being publicly accessible. I think that’s a creative way of deterring pirating.
Upload Many Kinds of Files
Payhip isn’t just a marketplace for ebooks — It’s possible to upload just about any sort of file. Font files, video/audio files, photographs, software, etc..
Total Simplicity and Modern Design
One thing that can not be overlooked whenever You’re selling something is how present your website looks. Individuals generally don’t trust sites that appear obsolete, myself included. If a website looks like it has not been upgraded because the web 2.0 times, then I begin to wonder if maybe I’m in an abandoned construction and putting my payment information to it’d pretty much be like throwing my money into a black hole.
That is not the case with Payhip though. The Site has a very contemporary and simple design. This is what you’d anticipate a checkout page by a business, In the event that you were to purchase a merchandise on the internet. Sell Downloadable Goods
Another thing that I enjoy about Payhip is its Overall simplicity. In the very second a visitor lands on your product page, Payhip remains out of the way. They display your images, sales copy, and just the crucial information (like price.) They do nothing to interfere with your purchase — no.
Eventually, what I like about Payhip is That they don’t store customer payment info, meaning your customers’ payment details are safe. The payment is totally handled through PayPal or Stripe, and I prefer it this way as they are successful companies with a lot of cash.
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 ceremony 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 would be convenient to be able to start an app while I’m out and about and take a look. You may log in to the site and do so, but the website isn’t optimized for mobile devices.
I like Payhip, but this is a really Bad look in 2018. There’s no reason you should not have a website optimized for mobile, and once you’ve got that, you should be able to easily turn the website itself into it’s own app so users don’t need to manually sign in every time they would like to inspect sales data. Users of Payhip encounter a much better platform when they’re on their mobile devices.
No Upsells or Add-Ons At Checkout
On the checkout page, I would like to see an capability that is added to suggest Other products similar to what the customer is about to purchase. For example, if they’re purchasing a package of logo templates for $5, I suggest some other product which may interest them they previously didn’t know about, or might offer a package of business card templates to get a few bucks. This is something which sites like VistaPrint and Amazon do.
I can not help but feel like there’s a Great Deal of money being left on the Table — for myself and Payhip — with no functionality. This may enhance the Payhip encounter for both the vendor and the customer.
Set On A Fixed Timezone
This one is frivolous, but I Like to see it fixed.
Since Payhip is located in London, they have The functioning timezone for the whole site set to BST. Since I’m located in the EST, I will sometimes check my analytics at 7PM or afterwards and see that I left 0 earnings for the day since Payhip believes it is midnight and its information reflects that.
This is mostly a non-issue, but I Would love to observe that the ability to adjust the website to your timezone. Sell Downloadable Goods
More Flexibility with Coupon Codes
I know I raved about the voucher Code feature earlier, but it’s not perfect yet.
As it stands, the promotion You can run via a voucher code is for a percent off. Ideally, I’d like to be able to offer a dollar amount to set a specified sale price.
Right Now, if I Need to place a merchandise that is $27 Available for $10, I must break out the calculator and manually do the math to figure out what percent off will render the last cost at $10. I think that is unnecessary and could be made better.
When creating A brand new product in Payhip, you also have access to innovative options which include —
- Make your merchandise personal.
- Add an ISBN (Internation Standard Book Number) to your eBook.
- Publish sample pages or a couple of preview.
- To how many copies of eBook or your product can be, add a limit amount sold.
- Create a license key that is unique .
How much does this cost?
Payhip will Cost you or host your products. The site takes only 5% commission per transaction fee.
Can I Recommend Payhip?
This leaves us with the burning question: after two + years as a seller on Payhip, would you recommend it? Total, yes. I am very much a client, but whether or not you ought to use it depends upon your own situation.
If you’re a blogger with a small audience And you can not justify spending $10+ a month for something such as Gumroad, then yes, I would recommend Payhip. However, if you sell a product that is high-ticket or have a massive audience and know you’ll be doing at least $ 1,000 in sales every 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 now 3.5% + $0.30 per transaction + $10 per month.
If you are going to be promoting less than $1,000 a month in total quantity, the mathematics should (in most cases) favor Payhip. But if you’re selling into the thousands, you are probably going to want to decide on Gumroad or start looking into another choice. This is all dependent on the number of transactions it requires to reach those sales numbers so make certain to crunch the numbers.
Personally, I love the Payhip Expertise and am grateful for their solutions. I want to see them continue to grow and succeed. Sell Downloadable Goods