Background Sell Your Digital Content For Bitcoins
Of all the ways of monetizing blog Articles, my Strategy is Such as studying design templates and materials to create and sell digital products. I have discovered that it’s extraordinarily rewarding than running ads and products convert at a much higher rate than an affiliate product that someone else created. The support I use to facilitate this can be Payhip, and this article I’ll be sharing what I both like and dislike about the service based in my Payhip expertise for a vendor for 2+ years. Sell Your Digital Content For Bitcoins
My Payhip Experience
If you wanted to market products Through your own site, you’ll need a means to facilitate trades — some sort of infrastructure that will allow a customer to select your product, pay for it, and have it instantaneously delivered to them with complete hands-off automation. Payhip solves this issue.
Payhip is An that provides users with solutions and the simplest tools for selling electronic products to their customers 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 benefits of utilizing Payhip?
Each online Platform is different, and I’ve used a few of these previously.
Having A stage that is so simple to use and one that does not take a massive amount of my time is of utmost importance.
Payhip will Save you a great deal of time too because everything is taken care of on the Payhip platform.
The Benefits that I’ve gained the most from utilizing Payhip include –
- EU VAT is taken care of, and it can be a big plus in my book.
- Affordable. The site takes zero charges asides From 5 percent per transaction when you sell a product.
- Accessibility to analytics reports.
- Access to marketing tools. You have the option to create Coupons and societal discounts.
- Ability to signup, manage and reward your own affiliates.
- Access to merchandise sharing programs . Plus it is possible to embed Your product and purchase Now buttons directly on your website or blog.
- The ability to set mailing lists so that your customers can Subscribe and remain up to date with your goods, and much more.
- Immediate digital product shipping via email link to customers.
What I Like About Payhip
Let’s get to the details. Following my two year Payhip experience, Here Is What I really like about the ceremony…
Payments Are Instantaneous
Payhip let us your customers pay with PayPal Or by credit/debit card with Stripe, plus they do not 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 immediately available in your accounts, and if you’ve got the PayPal and Stripe programs installed on your mobile device, you’ll get notifications each time a sale happens. Sell Your Digital Content For Bitcoins
I happen to appreciate this. The excitement of Seeing a sale never gets old. It’s also great to wake up in the morning, reach for your telephone, and also see you made X amount of dollars while you’re sleeping, and it is all easily available for you to spend. The caveat to this can be Stripe. If your customers pays by card using Stripe, there’ll be a three day hold until the cash is available. This is Stripe though — Payhip does not hold your money at all.
No Monthly Charges
One of those things that Payhip initially sold me on is that there is no Monthly charges or setup charges — only a simple flat charge of 5% per sale.
This was attractive to me Because, at the moment, my readership was less than 1/10th of what it is now, and that I wasn’t positive that I was going to consistently sell enough product to warrant paying a monthly fee to get a similar service such as Gumroad. As a relatively new blogger with a small audience, Payhip was the quickest solution that best fit my situation.
Easy To Understand Analytics
Payhip’s back end Provides an page That enables you to view transactions and earnings amounts relative to this day, month, week, year, or any other specified range. On top of that, it’s a report.
If you used Google Analytics or Facebook analytics, the amount of information you’re instantly smacked in the face with can be somewhat overwhelming, and a lot of it is largely useless too. Payhip just gives you what you’re there to view — sales data. Nothing more, nothing less.
Run Promotions with Coupon Codes
Another benefit users of Payhip experience is By creating coupon codes, promotions to run.
The codes can be for any percentage you would Enjoy and for any (or all) products. They can run for any duration you’d like (or even permanently,) along with the code itself may even be customized to whatever string of text you desire.
I’ve found this to be very helpful. Occasionally I’ll conduct a weekend marketing, place it on Facebook, then boost the post 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 Your Digital Content For Bitcoins
Your Own Affiliate Program
Payhip gives you the ability Readers sign up as an affiliate of your store, and you can award, whenever someone buys a product with their customized affiliate link.
This is useful since it allows other Men and Women To market your merchandise the commissions paid will be well worthwhile and should they have an audience of their own and a platform they can tap to.
Easy Integration with Email Marketing
You’ll be, if you’re into email marketing Able to integrate Payhip with your email advertising provider so that if a sale is made, the buyer’s email address can be added into a listing.
That is relatively minor but I think it’s Pretty cool so I wish to give it a mention — if you so desire, you can have Payhip stamp the purchaser’s email address into the upper left corner of every page of a PDF document they’ve bought.
So if someone plans to buy your PDF Book make it available for free they will need to be okay with their email address being accessible as well. I think that is a creative means of deterring pirating.
Upload Many Sorts of Files
Payhip is a marketplace for ebooks — It’s possible to upload just about any kind of file. Font files, video/audio files, photos, software, etc..
Overall Simplicity and Modern Design
One thing that can not be overlooked whenever You’re selling something is your site looks. Individuals generally do not trust websites that look obsolete, myself included. If a site looks like it hasn’t been updated since the net 2.0 times, then I start to wonder if maybe I’m in an abandoned building and placing my payment info into it would pretty much be like throwing my money into a black hole.
That’s not true with Payhip though. The Site has a design. In the event that you should purchase a digital merchandise on the world wide web, this is exactly what you’d expect a checkout page from a company to appear like. Sell Your Digital Content For Bitcoins
Another thing I enjoy about Payhip is its In general 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 crucial information (such as price.) They do nothing to interfere with your purchase — no.
Eventually, what I enjoy about Payhip is That they don’t store customer payment information, meaning that your clients’ payment details are safe. The payment is managed through Stripe or PayPal, and I prefer it that way as they are successful companies with lots of cash.
What I Dislike About Payhip
As much as I enjoy Payhip, it is 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 around Payhip is that They don’t possess a app. It’d be convenient to have the ability to start an app while I’m out and about, and have a look. The site isn’t even optimized for mobile devices, although you may log in to the site and do this.
I like Payhip, but this is a really Bad appearance in 2018. There is no reason you should not have a website optimized for cellular, 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 each time they want to inspect sales information. Users of Payhip experience a platform when they are on their devices.
No Upsells or Add-Ons At Checkout
On the checkout page, I would really like to see an ability that is added to suggest Other products. By way of instance, if they are purchasing a bundle of templates for $5, I could offer a package of business card templates or suggest. This is something that websites like VistaPrint and Amazon do.
I can’t help but feel as though there’s a Great Deal of money Table — for both myself and Payhip — with no functionality. This could improve the Payhip experience for both the client and the vendor.
Establish On A Fixed Timezone
This one is frivolous, but I Like to see it fixed.
Considering that Payhip is located at London, they’ve BST was set to by The functioning timezone for the site. Since I am found in the EST, I’ll sometimes check my analytics at 7PM or later and see that I left 0 earnings for the day because Payhip thinks it’s midnight and its information reveals that.
Again, this is largely a non-issue, but I Would love to observe that the capability to correct the website. Sell Your Digital Content For Bitcoins
More Flexibility with Coupon Codes
I know I raved about the coupon Code feature earlier, but it’s not quite perfect.
As it stands, the advertising You can run through a coupon code is to get a percent off. I’d like to have the ability to offer a dollar amount off the original cost, or the ability to set a sale price.
Right Now, if I want to put a product that is $27 On sale for $10, I must break out the calculator and do the math to figure out what percent off will leave the last cost. I think that is unnecessary and could be improved.
When creating A new product in Payhip, you also have access to advanced alternatives including —
- Make your merchandise private.
- Add an ISBN (Internation Standard Book Number) for your eBook.
- Publish sample pages or a few preview.
- To the number of copies of your product or eBook could be add a limit number sold.
- Generate a license key for all your product/eBook revenue.
Just how much does this cost?
Payhip will Cost you nothing or host your products. The website takes only 5 percent commission per transaction fee.
Can I Recommend Payhip?
This leaves us with the burning question: after 2+ years as a seller on Payhip, do you recommend it? Total, yes. I am very much a client, but whether you ought to use it depends upon your situation.
If you’re a blogger with a small audience And you can not justify spending $10+ per month for something such as Gumroad, then yes, I would recommend Payhip. In case you know that you’ll do at least $ 1,000 in sales each month and market a product that is high-ticket or have a massive audience, you might want to look into something most cost effective.
As of the date of the writing, Payhip works On a set fee of 5 percent of each sale. Gumroad’s fee is now 3.5% + $0.30 per transaction + $10 per month.
If you’re going to be promoting less than $1,000 per month in total volume, the mathematics should (typically ) favor Payhip. But if you’re selling into the thousands, you need to decide on Gumroad or start looking into another choice. That is mostly dependent on the number of transactions it requires to achieve those sales numbers so be certain 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 Your Digital Content For Bitcoins