Intro Sell Music Downloads
Of All of the ways of monetizing content, my Strategy is To create and sell electronic products such as studying design templates and materials. I’ve found that it’s extraordinarily more rewarding than running ads from networks like AdSense, and self explanatory products convert at a higher rate compared to an affiliate product that somebody else created. The support I use to facilitate this is Payhip, and this article I’ll be discussing what I like and dislike about the ceremony based on my Payhip experience for a seller for 2+ years. Sell Music Downloads
My Payhip Expertise
If you wanted to market digital products Through your own site, you’ll need a way to facilitate trades — some sort of infrastructure which will enable a client to select your goods, pay for it, and also have it immediately delivered to them with complete hands-off automation. Payhip solves this issue.
Payhip is An that gives users with options and the tools for selling digital products straight to their customers and hosting online.
The company Was co-founded by Abs Farah and Kahin Farah and is currently based in my capital city of London.
What are the benefits of using Payhip?
Each online Platform differs, and I have used a couple of them previously.
Having A stage that is so easy to use and one that does not take a massive amount of my time that is precious is of paramount significance.
Payhip will Save a great deal of time because everything is cared for on the Payhip platform.
The Advantages 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 site takes zero fees asides From 5 percent per trade when you sell a digital product.
- Access to analytics accounts.
- Access to marketing tools. You have the option to make Societal and coupons discounts.
- Capability to signup, manage and reward your own affiliates.
- Access to product sharing programs . Plus it is possible to embed Your product and purchase Now buttons on your own website or blog.
- The ability to setup mailing lists so that your clients can Subscribe and remain current with your products, and more.
- Immediate digital product shipping via email link for buyers.
What I Like About Payhip
Let’s get to the details. After my two + year Payhip expertise, Here Is What I really like about the service…
Payments Are Instantaneous
Payhip let us your customers pay with PayPal Or from credit/debit card using Stripe, and they don’t cover monthly/weekly/quarterly or force you to wait for them to clear some sort of holding period. When a client makes a purchase, the cash is instantly available on your account, and if you have the PayPal and Stripe apps installed on your mobile device, you’ll get notifications whenever a sale happens. Sell Music Downloads
I happen to love this. The excitement of Seeing a sale that is new never gets old. It’s also great to awake in the morning, reach for your phone, and see that you made X number of dollars while you’re sleeping, and it is all readily available for you to spend. The only caveat to this is Stripe. If your clients pays by card using Stripe, there will be a 3 day hold until the money is available. That is Stripe however — Payhip does not hold your money in any way.
No Monthly Fees
One of those things that Payhip originally sold me is that there is no Monthly fees or setup charges — just a simple flat charge of 5% per sale.
This was attractive to me back in 2016 Since, at the time, my readership was less than 1/10th of what it’s now, and that I wasn’t positive I was likely to consistently sell enough product to warrant paying a monthly fee to get a similar service such as Gumroad. As a relatively new blogger having a little audience, Payhip was the no-risk solution that best match my scenario.
Simple To Understand Analytics
Payhip’s back end offers an analytics page That lets you see trades and earnings amounts relative to this day, month, week, year, or any other given range. On top of that, it is a report that is straightforward and to-the-point.
If you used Google Analytics or Facebook analytics, the number of data you’re immediately smacked in the face can be a bit overwhelming, and lots of it’s largely useless too. Payhip just provides you what you’re there to see — revenue data. Nothing more, nothing less.
Run Promotions with Coupon Codes
Another benefit users of Payhip encounter is Promotions to conduct by creating coupon codes.
The codes can be Enjoy and for any (or all) products. They can run for whatever length you want (or even indefinitely,) and the code itself may even be customized to whatever series of text you desire.
I have found this to be very helpful. Sometimes I will conduct a weekend promotion, post it on Facebook raise the article targeting a pixel audience and I don’t fail to go ROI positive with it. People really do respond well to limited time offers. Sell Music Downloads
Your Own Affiliate Program
Payhip Provides you the ability Readers register as an affiliate of your shop, and you are able to grant them a commission of whatever percentage you would like someone buys a product with their custom affiliate link.
This is useful since it allows Men and Women To sell your products for you, the commissions paid will be well worthwhile, and if they have a stage and an audience of their own that they can tap to.
Easy Integration with Email Marketing
You will be, if you are into email marketing Able to incorporate Payhip along with your email marketing provider so that a purchase is made, the purchaser’s email address could be added into a list that is selected.
That 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 buyer’s email address into the upper left corner of each page of a PDF document they have purchased.
So if someone plans to buy your PDF Publication then make it publicly accessible for free they’ll have to be okay with their private email address being publicly available also. I believe that is a means of deterring pirating.
Upload Most Kinds of Files
Payhip is not Only a marketplace for ebooks — You can upload just about any sort of electronic file. Font files, video/audio files, photos, software, etc..
Total Simplicity and Modern Design
One thing that can not be overlooked whenever You are selling something is the way current your site looks. People don’t trust websites which appear obsolete, myself included. If a website looks like it has not been updated since the web 2.0 days, I start to wonder if maybe I am in an abandoned construction and placing my payment info into it would pretty much be like throwing my money into a black hole.
That’s not the case with Payhip though. The Website has a layout. This is what you would expect a checkout page from a trusted business to appear like In the event that you were to buy a digital product on the world wide web. Sell Music Downloads
Another thing I like about Payhip is its In general simplicity. From the second a visitor lands on your product page, Payhip stays out of the way. They display your images, sales copy, and just the crucial information (like price.) They do nothing to interfere with your sale — no self-promotion whatsoever.
Eventually, what I like about Payhip is That customer payment info isn’t stored by them, meaning your customers’ payment details are secure. The payment is completely handled through PayPal or Stripe, and I prefer it that way because they’re successful companies with a lot of money.
What I Dislike About Payhip
As much as I like Payhip, it is far from perfect. Here are some items that I dislike about the ceremony and would like to see enhanced…
No Mobile App
One thing that bugs me about Payhip is that They don’t possess a program. It would be convenient to be able to open an app while I am out and around, and take a look during my data. The site isn’t even optimized for mobile devices, although you do this and can log into the site.
I enjoy Payhip, but this is a very Bad look in 2018. There is no reason you should not have a website optimized for mobile, and when you have that, you should be able to easily turn the site itself into it’s own app so users don’t have to manually sign in every time they want to inspect sales information. Users of Payhip experience a much better platform when they are on their devices.
No Upsells or Add-Ons In Checkout
On the checkout page, I would really like to see an capability that is added to suggest Other products similar to what the client is about to purchase. For instance, if they’re buying a bundle of templates for $5, then I suggest, or could provide a package of business card templates to get a couple of added dollars. This is something that websites like Amazon and VistaPrint do very well.
I can’t help but feel like there’s a lot of money being left on the Table — for myself and Payhip — without this functionality. This may enhance the Payhip experience for both the customer and the seller.
Establish On A Fixed Timezone
This one is frivolous, but I Like to see it fixed.
Since Payhip is located in London, they have The working timezone for the entire website place to BST. Since I’m located in the EST, I’ll sometimes check my stats at 7PM or afterwards and see that I left 0 sales for the day because Payhip thinks it’s midnight and its own information reflects that.
This is largely a non-issue, however I Would love to see that the ability to correct the website to your own timezone. Sell Music Downloads
More Flexibility with Coupon Codes
I know I raved about the voucher Code feature but it’s not perfect yet.
As it now stands, the sole promotion You can run through a voucher code. Ideally, I’d like to have the ability to offer a dollar amount off the cost, or the ability to set a sale price.
Right Now, if I Need to place a merchandise On sale for $10, manually do the math to figure out what percent off would render the cost and I have to break out the calculator. I believe that is unnecessary and could be improved.
When creating A brand new product in Payhip, you have access to advanced options which include —
- Make your product private.
- Insert an ISBN (Internation Standard Book Number) for your eBook.
- Upload sample pages or a preview.
- Insert a limitation amount to how many copies of your product or eBook could be sold.
- Generate a unique license key for each of your product/eBook sales.
How much does it cost?
Payhip will Cost you nothing or even host your products. The site takes just 5% commission per transaction fee.
Would I Recommend Payhip?
This leaves us with the burning question: after 2years as a vendor on Payhip, would you recommend it? Total, yes. I am a client, but whether you should use it depends on your situation.
If you are a new blogger with a small audience And you can’t justify spending $10+ a month for something such as Gumroad, then yes, I would recommend Payhip. But in case you know you’ll be doing at least $ 1,000 in sales each month and sell a merchandise or have a massive audience, you might want to look into something most cost-efficient.
As of this date of the writing, Payhip works On a set fee of 5 percent 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 per month in total volume, the mathematics should (typically ) favor Payhip. But if you are selling well into the thousands, you are probably going to want to go with Gumroad or start looking into some other alternative. That is dependent on how many transactions it requires to reach those sales numbers so be sure to crunch the numbers.
Personally, I absolutely love the Payhip Expertise and am grateful for their solutions. I want to see them continue to grow and succeed. Sell Music Downloads