Intro Sell Your Digital Downloads
Of All of the ways of Creating Articles, my favorite Strategy is To create and sell digital products such as learning materials and design templates. I have discovered that it’s extraordinarily rewarding than running advertisements and self explanatory products convert at a much greater rate than an affiliate product that somebody else created. The service I use to facilitate this can be Payhip, and in this post I will be discussing what I like and dislike about the service based on my Payhip experience as a vendor for two + years. Sell Your Digital Downloads
My Payhip Experience
If you wanted to sell digital products Through your own website, you’ll need a means to facilitate transactions — some kind of infrastructure that will allow a client 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 tools for promoting electronic products straight 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 utilizing Payhip?
Each online Platform differs, and I’ve used a few of these previously.
For me, having A stage that is so easy to use and one that doesn’t take a huge amount of my time that is valuable is of utmost significance.
Payhip will Save you a great deal of time also because everything is cared for on the Payhip platform.
The Advantages that I’ve gained the most from using Payhip include –
- EU VAT is taken care of, which can be a huge plus in my book.
- Affordable. The site takes zero fees asides From 5% per trade when you sell a product.
- Access to analytics reports.
- Access to advertising tools. You have the option to make Social and Coupons discounts.
- Capability to signup, handle and reward your affiliates.
- Access to merchandise sharing programs . Plus you can embed Your product and purchase Now buttons on your own site or blog.
- The ability to set mailing lists so that your clients can Subscribe and remain current with your digital products, and more.
- Immediate digital merchandise delivery via email link to customers.
What I Enjoy About Payhip
Let’s get to the details. After my 2+ year Payhip expertise, here’s what I love about the ceremony…
Payments Are Instantaneous
Payhip let us your customers pay with PayPal Or from credit/debit card using Stripe, and they do not pay out monthly/weekly/quarterly or make you wait for them to clean some sort of holding period. When a client makes a purchase, the money is immediately available on your account, and in case you have the PayPal and Stripe programs installed on your mobile device, you are going to get notifications whenever a sale occurs. Sell Your Digital Downloads
I happen to love this. The excitement of Seeing a brand new sale never gets older. It’s also great to wake up in the morning, reach for your phone, and also see that you made X amount of dollars while you were sleeping, and it is all readily available for you to spend. The caveat to this is Stripe. If your customers pays by card with Stripe, there’ll be a three day hold before the cash is available. That is all Stripe however — Payhip doesn’t hold your cash at all.
No Monthly Fees
Among the things that Payhip originally sold me on is that there’s no Monthly charges or setup charges — only a simple flat fee of 5% per sale.
This was attractive to me in 2016 Since, at the time, my readership was less than 1/10th of what it is now, and that I was not positive that I was going to always sell enough product to warrant paying a monthly fee for a similar service such as Gumroad. As a relatively new blogger having a little crowd, Payhip was the quickest solution that best fit my scenario.
Simple To Know Analytics
Payhip’s back end Provides an analytics page That enables you to see transactions and earnings quantities relative to this day, month, week, year, or some other specified range. Best of all, it’s a report that is to-the-point and straightforward.
If you’ve ever used Google Analytics or Facebook analytics, the amount of data you’re immediately smacked in the face can be a bit overwhelming, and lots of it is mostly useless too. Payhip just gives 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 The ability to conduct promotions 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,) along with the code itself can even be customized to whatever string of text you desire.
I have found this to be somewhat helpful. Occasionally I will run a weekend marketing, place it on Facebook, then raise the article targeting a pixel re-marketing audience and I never fail to go ROI positive by it. People truly do respond well to limited time offers. Sell Your Digital Downloads
Your Own Affiliate Program
Payhip Provides you the ability to let your Readers sign up as an affiliate of your shop, and you are able to award, someone buys a product with their customized affiliate link.
This is useful because it allows Men and Women To market your merchandise the commissions paid will be well worth it and should they have an audience of their own and a platform they can tap into.
Easy Integration with Email Marketing
If you’re into email advertising, you will be Able to integrate Payhip along with your email marketing provider that is preferred so that whenever a sale is made, the buyer’s email address can be added into a listing that is chosen.
This is small but I think it’s Pretty cool so I wish to give it a reference — if you so desire, you can have Payhip stamp the purchaser’s email address to the top left corner of every page of a PDF document they’ve purchased.
So if someone plans to buy your PDF Publication make it available for free somewhere else, they will have to be fine with their private email address being available as well. I think that’s a means of deterring pirating.
Upload Many Kinds of Files
Payhip isn’t Only a marketplace for ebooks — You can upload virtually any sort of file. Font files, video/audio files, photos, software, etc..
Total Simplicity and Modern Design
One thing that can’t be overlooked whenever You are selling something is how present your site looks. People generally don’t trust myself included. If a website looks like it hasn’t been updated since the net 2.0 days, I begin to wonder if perhaps I’m in an abandoned building and putting my payment info into it’d pretty much be just like throwing my money into a black hole.
That’s not the case with Payhip though. The Website has a design that is very modern and easy. This is what you’d anticipate a checkout page from a trusted business, if you should purchase a product on the internet. Sell Your Digital Downloads
Another thing that I like about Payhip is its In general simplicity. From the very moment 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 purchase — no self-promotion whatsoever.
Eventually, what I actually like about Payhip is That customer payment info isn’t stored by them, meaning your clients’ payment details are secure. The payment is totally handled through Stripe or PayPal, and I prefer it this way because they’re large companies with lots of cash.
What I Dislike About Payhip
As much as I enjoy Payhip, it’s far from perfect. Here are some things that I dislike about the ceremony and would like to see enhanced…
No Mobile App
1 thing that bugs me about Payhip is that They do not possess a mobile app. It would be convenient to be able to open an app and take a look while I’m out and about. You may log into the website and do this, but the site isn’t optimized for mobile devices.
I like Payhip, but this is a very Lousy look in 2018. There is no reason you shouldn’t have a website optimized for mobile, and once you have that, you should be able to easily turn the website itself into it’s own app so users do not need to manually sign in every time they would like to inspect sales information. Users of Payhip encounter a platform when they are on their mobile devices.
No Upsells or Add-Ons In Checkout
On the checkout page, I would really like to see an ability to indicate Other products. If they’re purchasing a bundle of templates for $5, I suggest some other similar product that may interest them they previously didn’t know about, or could offer a package of business card templates for a few dollars. This is something that websites like Amazon and VistaPrint do.
I can’t help but feel like there is a Great Deal of money being left on the Table — for myself and Payhip — without this functionality. This may improve the Payhip encounter for both the client and the seller.
Establish On A Fixed Timezone
This one is mostly frivolous, but I Prefer to see it corrected.
Considering that Payhip is located at London, they’ve BST was place to by the timezone for the website. Since I’m located in the EST, I will sometimes check my analytics at 7PM or later and see that I made 0 earnings for the day since Payhip thinks it’s midnight and its information reflects that.
Again, this is a non-issue, but I Would love to observe that the capability to correct the website. Sell Your Digital Downloads
More Flexibility with Coupon Codes
I know I raved about the voucher Code feature but it is not quite perfect yet.
As it stands, the advertising You’re able to run via a voucher code. Ideally, I’d like to have the ability to offer a dollar amount off the price, or the capability to set a sale price that is specified.
Right Now, if I want to put a merchandise Available for $10, I have to break out the calculator and do the math to determine what percent off would render the final price at $10. I think this is unnecessary and may be improved.
When creating A new product in Payhip, you have access to advanced alternatives including —
- Make your merchandise private.
- Insert an ISBN (Internation Standard Book Number) for your eBook.
- Upload a sample or preview pages.
- To how many copies of eBook or your product could be, add a limit amount sold.
- Create a license key that is exceptional for each of your product/eBook sales.
Just how much does it cost?
Payhip will Cost you or host your products. The website takes only 5 percent commission per transaction fee.
Would I Recommend Payhip?
This leaves us with the burning question: after 2years as a seller on Payhip, do you recommend it? Total, yes. I am very much a customer, but whether or not you should use it depends on your situation.
If you are a blogger with a small audience And you can’t justify spending $10+ per month to get something like Gumroad, then yes, I would recommend Payhip. But if you market a merchandise that is high-ticket or have a huge audience and know that you’ll do at least $ 1,000 in sales every month, you may want to look into something.
As of the date of the writing, Payhip functions On a flat 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 promoting $1,000 per month in total volume, the mathematics should (typically ) favor Payhip. But if you are selling into the thousands, you are probably going to need to decide on Gumroad or start looking into another alternative. That is largely dependent on the number of transactions it requires to reach those sales numbers, however, so make sure that you crunch the numbers for yourself.
Personally, I absolutely love the Payhip Expertise and am grateful for their solutions. I want to see them continue to grow and succeed. Sell Your Digital Downloads