Introduction Sell Software Products Online
Of All of the ways of Creating blog content, my method is Such as learning materials and design templates to create and sell digital products. I have found that it’s extraordinarily profitable than running ads and self explanatory products convert at a greater rate than an affiliate product that someone else created. The service I use to ease this can be Payhip, and this article I’ll be sharing what I like and dislike about the service based in my Payhip expertise for a seller for two + years. Sell Software Products Online
My Payhip Experience
If you have ever wanted to market products Through your own site, you’ll want a means to facilitate trades — some sort of infrastructure which will enable a client to select your goods, cover it, and have it instantaneously delivered to them with complete hands-off automation. Payhip solves this problem.
Payhip is An that gives customers with solutions and the tools for promoting digital products to their clients and hosting online.
The company Was co-founded by Abs Farah and Kahin Farah and is now based in my capital city of London.
Which are the advantages of using Payhip?
Each online Platform is different, and I have used a few of them in the past.
For me, 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 importance.
Payhip will Save a lot of time because everything is cared for on the Payhip platform.
The Benefits that I’ve gained the most from utilizing Payhip comprise –
- EU VAT is cared for, and it is a big plus in my book.
- Affordable. The site takes zero charges asides From 5% per trade when you sell a product.
- Accessibility to analytics accounts.
- Access to advertising tools. You have the option to create Coupons and societal discounts.
- Capability to signup, manage and reward your own affiliates.
- Access to merchandise sharing tools. Plus you can embed Your product and purchase Now buttons on blog or your own website.
- The ability to setup mailing lists so that your clients can Subscribe and stay current with your electronic goods, and much more.
- Immediate digital product shipping via email link for customers.
What I Like About Payhip
Let’s get to the details. After my 2 year Payhip experience, Here Is What I love about the service…
Payments 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 force you to wait for them to clear some sort of holding period. When a customer makes a purchase, the cash 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 get notifications whenever a sale occurs. Sell Software Products Online
I happen to love this. The excitement of Seeing a new sale never gets old. In addition, it is great to awake in the morning, reach to your telephone, and also see you made X number of dollars while you were sleeping, and it’s all easily available for you to spend. The caveat to this can be Stripe. If your customers card using Stripe, there’ll be a 3 day hold until the money is available. That is all Stripe however — Payhip does not hold your cash at all.
No Monthly Charges
One of the things that Payhip initially sold me on is that there’s no Monthly fees or installation charges — just a simple flat charge of 5 percent per sale.
This was attractive to me back in 2016 Since, at the time, my readership was 1/10th of what it’s now, and that I wasn’t positive that I was likely 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 crowd, Payhip was the quickest solution that best match my scenario.
Simple To Understand Analytics
Payhip’s back end Provides an page That lets you view trades and earnings quantities relative to the day, month, week, year, or some other given selection. On top of that, it is a report.
If you’ve ever used Google Analytics or Facebook analytics, the number of data you’re immediately smacked in the face can be somewhat overwhelming, and a lot of it is mostly useless also. Payhip just provides you exactly what you’re there to view — sales information. Nothing more, nothing less.
Run Promotions with Coupon Codes
Another benefit users of Payhip encounter is The capacity to conduct promotions.
The codes can be for any percentage you’d Like and for any (or all) products. They can run for whatever duration you’d like (or even permanently,) and the code itself can even be customized to whatever series of text you desire.
I have found this to be very useful. Occasionally I will conduct a weekend marketing, place it on Facebook raise the article targeting a pixel audience and I never fail to go ROI positive by it. People truly do respond well to limited time offers. Sell Software Products Online
Your Own Affiliate Program
Payhip gives you the capability to let your Readers sign up as an affiliate of your shop, and you are able to award them a commission of whatever percent you’d like whenever someone purchases a product with their custom affiliate link.
This is useful since it allows other people To sell your products the commissions paid will be worth it and if they have a platform and an audience of their own that they can tap to.
Easy Integration with Email Marketing
If you are into email marketing, you will be Able to integrate Payhip along with your chosen email marketing provider so that a sale is made, the purchaser’s email address can be added into a list that is chosen.
That is small but I think it’s Pretty cool so I wish to give it a mention — if you desire, you can have Payhip stamp the buyer’s email address to the top left corner of every page of a PDF document they have purchased.
So if someone plans to buy your PDF Book then make it available for free they will need to be fine with their email address being publicly available also. I think that is a creative way of deterring pirating.
Upload Most Kinds of Files
Payhip is a market for ebooks — It’s possible to upload virtually any sort of electronic file. Font documents, video/audio files, photographs, software, etc..
Overall Simplicity and Modern Design
One thing that can’t be overlooked whenever You are selling something is your website looks. Individuals don’t trust myself included. If a site looks like it has not been updated because the net 2.0 times, then I start to wonder if perhaps I’m in an abandoned building and putting my payment info into it would pretty much be just like throwing my money into a black hole.
That is not true with Payhip though. The Site has a design. This is what you’d expect a checkout page from a business to look like In the event that you were to purchase a product on the internet. Sell Software Products Online
Another thing that I like about Payhip is its own Overall simplicity. From the a visitor lands on your product page, Payhip stays out of the way. They display your graphics, sales copy, and just the critical info (such as price.) They do absolutely nothing to interfere with your sale — no.
Finally, what I really enjoy about Payhip is That they do not store customer payment info, meaning your clients’ payment details are secure. The payment is totally handled through Stripe or PayPal, and I prefer it this way because they are big companies with a lot of cash to spend on top-shelf security.
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 enhanced…
No Mobile App
One thing that bugs me about Payhip is that They don’t have a app. It would be convenient to have the ability to start an app and have a look through my data while I’m out and about. You do this and may log in to the site, but the website is optimized for mobile devices.
I enjoy Payhip, but that is a very Lousy look in 2018. There is no reason you shouldn’t have a site optimized for cellular, and when you have that, you should be able to easily turn the site itself right into it’s own program so users don’t have to manually sign in each time they would like to inspect sales data. Let 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 added capability to indicate Other products. If they’re purchasing a bundle of templates for $5, I could offer a package of business card templates to get a few added dollars, or propose some other similar product that could interest them that they previously didn’t know about. This is something which websites like VistaPrint and Amazon do quite well.
I can’t help but feel like there is a lot of money being left on the Table — for myself and Payhip — with no functionality. This could improve the Payhip experience for both the customer and the vendor.
Set On A Fixed Timezone
This one is frivolous, but I Prefer to see it corrected.
Since Payhip is located in London, they’ve BST was set to by The functioning timezone for the whole site. Since I am located in the EST, I’ll occasionally check my stats at 7PM or afterwards and see that I made 0 earnings for the day because Payhip believes it is midnight and its own data reveals that.
This is largely a non-issue, however I Would like to see the ability to adjust the site to your timezone. Sell Software Products Online
More Flexibility with Coupon Codes
I know I raved about the voucher It’s not perfect, although Code attribute earlier.
As it stands, the sole advertising You can run through a voucher code. I’d like to be able to supply a dollar amount from the original price, or the ability to set a sale price.
At the moment, if I want to put a merchandise Available for $10, do the math to figure out what percent off would leave the cost at $10 and I must 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 alternatives which include —
- Make your merchandise personal.
- Add an ISBN (Internation Standard Book Number) to your eBook.
- Upload a few sample or preview pages.
- To how many copies of your product or market could be Insert a limit amount sold.
- Create a license key for all your product/eBook sales.
How much does it cost?
Payhip will Cost you nothing to establish or host your digital products. The site takes just 5% commission per transaction fee.
Can I Recommend Payhip?
This leaves us with the burning question: after 2years as a seller on Payhip, do you recommend it? Overall, yes. I am very much a satisfied customer, but whether or not you ought to use it depends on your own situation.
If you’re a blogger with a small audience And you can’t justify spending $10+ per month for something like Gumroad, then yes, I would recommend Payhip. However, in case you market a product that is high-ticket or have a massive audience and know that you’ll be doing at least $ 1,000 in sales every month, you may want to look into something.
As of this date of this writing, Payhip functions On a flat fee of 5% of each sale. Gumroad’s fee is currently 3.5% + $0.30 per transaction + $10 a month.
If you are going to be selling less than $1,000 a month in total volume, the mathematics should (in most cases) favor Payhip. But if you are selling into the thousands, you’ll probably need to decide on Gumroad or start looking into some other choice. That is largely dependent on how many transactions it requires to achieve those sales numbers, however, so be sure that you crunch the numbers on your own.
Personally, I love the Payhip Expertise and am very thankful for their solutions. I would like to see them continue to grow and succeed. Sell Software Products Online