Intro Sell Your Digital Product
Of All of the ways of monetizing Articles that is blog, my favorite method is Such as studying materials and design templates to create and sell products. I have discovered that it’s extraordinarily more profitable than running ads and products convert at a greater rate than an affiliate product that someone else created. The service I use to ease this is Payhip, and in this post I’ll be sharing what I both like and dislike about the ceremony based on my Payhip expertise for a vendor for two + years. Sell Your Digital Product
My Payhip Expertise
If you’ve ever wanted to sell products Through your own site, you are going to need a way to facilitate transactions — some sort of infrastructure which will enable a client to select your product, cover 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 easiest tools for selling 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 utilizing Payhip?
Each online Platform is different, and I’ve used a few of them previously.
For me personally, having A stage that is so simple to use and one that does not take a massive amount of my time that is valuable is of paramount significance.
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, which is a huge plus in my book.
- Affordable. The website takes zero charges asides From 5 percent per transaction when you sell a product.
- Access to analytics accounts.
- Access to advertising tools. You have the option to create Coupons and social discounts.
- Ability to signup, handle and reward your affiliates.
- Access to merchandise sharing tools. Plus you can embed Buy and your product Now buttons on your own site or blog.
- The Capacity to set mailing lists so that your clients can Subscribe and remain up to date with your goods, and more.
- Immediate digital product delivery via email link to customers.
What I Enjoy About Payhip
Let’s get to the information. After my 2+ year Payhip experience, here’s what I really like about the ceremony…
Upgrades Are Instantaneous
Payhip let us your customers pay with PayPal Or from credit/debit card with Stripe, plus they do not cover monthly/weekly/quarterly or force you to wait around for them to clear some sort of holding period. When a client makes a purchase, the money is instantly available on your accounts, and in case you have the PayPal and Stripe apps installed on your mobile device, you’ll receive notifications each time a sale happens. Sell Your Digital Product
I happen to appreciate this. The excitement of Seeing a sale that is new never gets old. In addition, it is good to awake 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 only caveat to this is Stripe. If your clients card using Stripe, there’ll be a three day hold before the money is available. This is all Stripe though — Payhip does not hold your money in any way.
No Monthly Charges
Among the things that Payhip originally sold me on is that there’s no Monthly charges or setup charges — just a simple flat fee of 5% per purchase .
This was appealing to me Since, at the time, my readership was less than 1/10th of what it is now, and I was not positive I was going to always sell enough product to warrant paying a monthly fee to get a similar service like Gumroad. As a relatively new blogger having a little crowd, Payhip was the quickest solution that best fit my situation.
Easy To Know Analytics
Payhip’s back end offers an page That lets you view transactions and earnings amounts relative to this day, week, month, year, or any other given range. Best of all, it is a report that is to-the-point and very simple.
If you have ever used Google Analytics or Facebook analytics, the amount of information you are immediately smacked in the face can be somewhat overwhelming, and a lot of it’s largely useless also. Payhip just gives you what you are there to see — sales data. Nothing more, nothing less.
Run Promotions with Coupon Codes
Another advantage users of Payhip encounter is By producing coupon codes promotions to run.
The codes can be for any percentage you’d Like and for any (or all) products. They can run for any duration 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 helpful. Occasionally I’ll conduct a weekend promotion, post it on Facebook, then boost the post targeting a pixel re-marketing audience and I don’t fail to go ROI positive by it. People do respond to limited time offers. Sell Your Digital Product
Your Own Affiliate Program
Payhip Provides you the ability to let your Readers sign up as an affiliate of your store, and you can grant someone purchases a product with their customized affiliate link.
This is useful since it allows other people To sell your products and should they have a stage and an audience of their own they can tap to, the commissions paid will be well worth it.
Easy Integration with Email Marketing
If you’re into marketing, you will be Able to integrate Payhip along with your email marketing provider so that whenever a purchase is made, the email address of the purchaser could be added to a list.
That is minor but I think it’s Pretty cool so I wish to give it a mention — if you so desire, you’ll have Payhip postage the purchaser’s email address to the upper left corner of every page of a PDF document they’ve bought.
So if someone intends to buy your PDF Book subsequently make it accessible for free they’ll have to be fine with their email address being publicly available. I think that’s a very creative means of deterring pirating.
Upload Most Kinds of Files
Payhip is a marketplace for ebooks — You can upload virtually any kind of file. Font files, video/audio files, photographs, software, etc..
Total Simplicity and Modern Design
1 thing that can not be overlooked whenever You are selling something is the way present your website appears. People generally don’t trust myself included. If a site looks like it has not been updated because the web 2.0 days, I start to wonder if perhaps I am in an abandoned building and placing my payment information to it’d pretty much be like throwing my money into a black hole.
That’s not true with Payhip though. The Site has a layout that is very modern and simple. This is what you’d expect a checkout page from a company to appear like if you were to purchase a merchandise on the internet. Sell Your Digital Product
Another thing that I like about Payhip is its Overall simplicity. From the very second a visitor lands on your product page, Payhip remains out of the way. They display your images, sales copy, and only the crucial info (such as price.) They do absolutely nothing to interfere with your purchase — no.
Finally, what I enjoy about Payhip is That customer payment information isn’t stored by them, meaning that your customers’ payment details are safe. The payment is completely handled through PayPal or Stripe, and I prefer it that way because they’re big, successful companies with lots of money.
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 ceremony and would like to see enhanced…
No Mobile App
One thing that bugs me about Payhip is that They don’t have a program. It’d be convenient to be able to open an app while I’m out and around, and have a look. The website isn’t optimized for mobile devices, although you can log into the site and do this.
I like Payhip, but this is a very Lousy appearance in 2018. There’s no reason you should not have a site optimized for cellular, and when you have that, you ought to be able to easily turn the site itself into it’s own program so users do not have to manually sign in every time they would like to inspect sales information. Users of Payhip encounter a platform when they’re on their devices.
No Upsells or Add-Ons At Checkout
On the checkout page, I would like to see an ability that is added to indicate Other products similar to what the client is about to buy. If they are buying a package of logo templates for $5, I propose, or could provide a bundle of business card templates to get a couple of added bucks. This is something which sites like Amazon and VistaPrint do very well.
I can’t help but feel like there’s a lot of money Table — for both myself and Payhip — with no functionality. This could enhance the Payhip experience for both the customer and the seller.
Establish On A Fixed Timezone
This one is frivolous, but I’d still Like to see it fixed.
Considering that Payhip is located in London, they’ve The working timezone for the entire website set to BST. Since I’m found in the EST, I’ll sometimes check my analytics at 7PM or afterwards and see that I made 0 sales for the day since Payhip thinks it is midnight and its information reveals that.
Again, this is a non-issue, however I Would love to see that the ability to adjust the site. Sell Your Digital Product
More Flexibility with Coupon Codes
I know I raved about the coupon Code feature earlier, but it is not quite perfect just yet.
As it stands, the advertising You can run through a coupon code is to get a percentage off. Ideally, I’d like to be able to supply a dollar amount to set a predetermined sale price.
At the moment, if I Need to put a merchandise Available for $10, do the math to figure out what percent off will leave the price and I must break out the calculator. I believe this is unnecessary and may be improved.
When creating A brand new product in Payhip, you have access to advanced alternatives including —
- Make your product private.
- Add an ISBN (Internation Standard Book Number) to your eBook.
- Upload a sample or preview pages.
- To how many copies of market or your product could be add a limitation number sold.
- Create a exceptional license key .
Just how much does it cost?
Payhip will Cost you to establish or even host your digital products. The site takes just 5 percent commission per transaction fee.
Would I Recommend Payhip?
This leaves us with the burning question: after 2+ years as a vendor on Payhip, do you recommend it? Overall, yes. I am a happy client, but whether or not you should 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 absolutely recommend Payhip. In case you know that you’ll be doing at least $ 1,000 in sales each month and sell a product that is high-ticket or have a huge audience, you might want to check into something most cost effective.
As of the 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 per month.
If you’re going to be promoting less than $1,000 a month in total volume, the mathematics should (in most cases) prefer Payhip. But if you’re selling well into the thousands, you’ll probably want to go with Gumroad or start looking into another alternative. This is all dependent on the number of transactions it takes to reach those sales numbers so make sure to crunch the numbers.
Personally, I love the Payhip Experience and am thankful for their services. I want to see them continue to grow and succeed. Sell Your Digital Product