Background Sell One Product Online
Of all the ways of monetizing blog Articles, my favorite method is To make and sell products like learning design templates and materials. I’ve discovered that it is extraordinarily more rewarding than running ads from networks like AdSense, and products convert at a significantly greater speed compared to an affiliate product that somebody else created. The support I use to ease this is Payhip, and in this post I will be sharing what I both like and dislike about the service based in my Payhip experience as a vendor for 2+ years. Sell One Product Online
My Payhip Experience
If you wanted to market digital products Through your own website, you are going to need a way to facilitate transactions — some sort of infrastructure that will allow a client to select your goods, cover it, and also have it instantaneously delivered to them with complete hands-off automation. Payhip solves this problem.
Payhip is An e-commerce platform/website that gives customers with options and the tools for selling products to their clients and hosting online.
The Provider Was co-founded by Abs Farah and Kahin Farah and is currently based in my capital city of London.
What are the advantages of utilizing Payhip?
Each online Platform is different, and I’ve used a few of them in the past.
For me, having A stage that is so simple to use and one that doesn’t take a massive amount of my time that is precious is of paramount importance.
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 utilizing Payhip include –
- EU VAT is cared for, and it is a huge plus in my book.
- Affordable. The site takes zero charges asides From 5% per trade when you sell a item that is digital.
- Accessibility to analytics accounts.
- Access to marketing tools. You have the option to create Social and coupons discounts.
- Ability to signup, handle and reward your own affiliates.
- Access to merchandise sharing tools. Plus you can embed Purchase and your merchandise Now buttons on your own site or blog.
- The Capacity to set mailing lists so that your clients can Subscribe and remain current with your digital products, and much more.
- Instant digital product delivery via email link for customers.
What I Like About Payhip
Let’s get to the information. After my 2 year Payhip expertise, here’s what I love about the service…
Upgrades Are Instantaneous
Payhip let us your customers pay with PayPal Or by credit/debit card using Stripe, and they do not pay out monthly/weekly/quarterly or make you wait around for them to clear some kind of holding period. When a customer makes a purchase, the money is immediately available in your accounts, and in case you have the PayPal and also Stripe apps installed on your mobile device, you’ll receive notifications each time a sale happens. Sell One Product Online
I happen to love this. The excitement of Seeing a sale that is brand new never gets old. It’s also good to awake in the morning, reach for your telephone, and also see that you made X amount of dollars while you’re sleeping, and it’s all easily available for you to spend. The only caveat to this can be Stripe. If your clients pays by card using Stripe, there’ll be a 3 day hold before the cash is available. This is all Stripe however — Payhip does not hold your money at all.
No Monthly Fees
One of those things that Payhip originally sold me on is that there is no Monthly charges or installation charges — only a simple flat charge of 5 percent per purchase .
This was appealing to me in 2016 Since, at the time, my readership was 1/10th of what it’s now, and I was not positive I was likely to always sell enough product to justify paying a monthly fee to get a similar service like Gumroad. As a relatively new blogger having a little crowd, Payhip was the no-risk solution that best match my situation.
Simple To Know Analytics
Payhip’s back end Provides an analytics page That enables you to view trades and earnings amounts relative to this day, week, month, year, or some other given selection. On top of that, it is a report that is to-the-point and simple.
If you used Google Analytics or Facebook analytics, the number of data you are immediately smacked in the face can be somewhat overwhelming, and lots of it is mostly useless also. Payhip just provides you what you are there to see — revenue information. Nothing more, nothing less.
Run Promotions with Coupon Codes
Another benefit users of Payhip encounter is By creating coupon codes promotions to conduct.
The codes may be for almost any percentage you would Like and for any (or all) products. They could run for whatever length you’d like (or even indefinitely,) and the code itself may even be customized to whatever series of text you would like.
I’ve found this to be useful. Occasionally I’ll conduct a weekend marketing, post it on Facebook boost the post targeting a pixel audience that is re-marketing and I never fail to go ROI positive by it. People do respond well to limited time offers. Sell One Product Online
Your Own Affiliate Program
Payhip Provides you the ability Readers sign up as an affiliate of your shop, and you can grant, someone purchases a product using their customized affiliate link.
This is useful because it allows other people To market your merchandise the commissions paid will be worth it and should they have an audience of their own and a platform that they can tap into.
Easy Integration with Email Marketing
You will be if you are into advertising Able to easily integrate Payhip along with your email marketing supplier so that whenever a purchase is made, the email address of the purchaser could be added to a chosen list.
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 to the upper left corner of each page of a PDF document they’ve bought.
So if someone intends to buy your PDF Publication subsequently make it publicly available for free somewhere else, they will need to be okay with their email address being publicly accessible. I think that is a way of deterring pirating.
Upload Most Kinds of Files
Payhip is a marketplace for ebooks — It’s possible to upload any kind of file. Font documents, video/audio files, photos, software, etc..
Overall Simplicity and Modern Design
One thing that can’t be overlooked whenever You’re selling something is the way current your website looks. Individuals generally don’t trust myself included. If a website looks like it has not been upgraded since the web 2.0 times, then I start to wonder if maybe I am in an abandoned construction and putting my payment info to it’d pretty much be like throwing my money into a black hole.
That’s not the case with Payhip though. The Site has a simple and very contemporary layout. In the event that you should buy a product this is what you would expect a checkout page from a trusted company. Sell One Product Online
Another thing that I like about Payhip is its own 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 (such as price.) They do nothing to interfere with your sale — no.
Finally, what I really like about Payhip is That customer payment information isn’t stored by them, meaning that your customers’ payment details are safe. The payment is totally handled through Stripe or PayPal, and I prefer it this way as they’re large, successful companies with lots of money to invest on 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 enhanced…
No Mobile App
One thing that bugs me about Payhip is that They don’t possess a mobile app. It’d be convenient to have the ability to open an app while I am out and around, and have a look during my earnings data. The site is optimized for mobile devices, although you do so and may log in to the website.
I like Payhip, but that is a really Bad look in 2018. There’s no reason you should not have a site optimized for mobile, and once you’ve got that, you should be able to easily turn the site itself right into it’s own app so users do not need to manually sign in every time they want to check sales data. Users of Payhip experience a much better platform when they’re on their mobile devices.
No Upsells or Add-Ons At Checkout
On the checkout page, I’d like to see an ability to suggest Other products similar to what the client is about to buy. By way of example, if they are purchasing a bundle of templates for $5, I might offer a package of business card templates to get a couple of dollars, or suggest. This is something which sites like Amazon and VistaPrint do very well.
I can not help but feel like there is a lot of money being left on the Table — for myself and Payhip — with no functionality. This may enhance the Payhip experience for both the client and the seller.
Establish On A Fixed Timezone
This one is largely frivolous, but I’d still Like to see it fixed.
Since Payhip is located at London, they have BST was place to by the working timezone for the whole website. Since I am found in the EST, I will sometimes check my stats at 7PM or later and see that I left 0 earnings for the day because Payhip believes it is midnight and its information reflects that.
This is a non-issue, however I Would love to observe the capability to correct the site. Sell One Product Online
More Flexibility with Coupon Codes
I know I raved about the coupon Code feature but it’s not quite perfect yet.
As it stands, the advertising You can run through a voucher code is to get a percent off. Ideally, I’d love to be able to offer a dollar amount from the original price, or the capability to set a predetermined sale price.
Right Now, if I Need to place a merchandise that is $27 On sale for $10, manually do the math to figure out what percentage off will render the last price and I must break out the calculator. I think that is unnecessary and could be made better.
When creating A new product in Payhip, you have access to innovative options which include —
- Make your merchandise private.
- Add an ISBN (Internation Standard Book Number) for your eBook.
- Publish sample pages or a couple of preview.
- To how many copies of market or your product could be add a limitation amount sold.
- Generate a license key that is unique .
How much does it cost?
Payhip will Cost you nothing to establish or host your digital products. The website takes only 5 percent commission per trade fee.
Can I Recommend Payhip?
This leaves us with the burning question: after 2years as a vendor on Payhip, do you recommend it? Total, yes. I am a happy customer, but whether you ought to use it depends upon your own situation.
If you’re a new blogger with a small audience And you can not justify spending $10+ a month to get something such as Gumroad, then yes, I would recommend Payhip. But in case you sell a product that is high-ticket or have a massive audience and know that you’ll do at least $ 1,000 in sales every month, you may want to look into something most cost-efficient.
As of this date of this writing, Payhip works On a set fee of 5% of each 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’re selling well into the thousands, you are probably going to want to decide on Gumroad or look into some other alternative. This is largely dependent on how many transactions it takes to reach those sales numbers so make certain that you crunch the numbers for yourself.
Personally, I love the Payhip Expertise and am grateful for their services. I would like to see them continue to grow and succeed. Sell One Product Online