Background Sell Your Ebook Online
Of all the ways of monetizing content, my Strategy is Such as studying materials and layout templates, to create and sell electronic products. I’ve discovered that it’s extraordinarily rewarding than running ads and self-made products convert at a higher rate compared to an affiliate product that someone else created. The service I use to facilitate this is Payhip, and this post I will be discussing what I like and dislike about the ceremony based on my Payhip experience for a seller for two + years. Sell Your Ebook Online
My Payhip Experience
If you wanted to market digital products Through your own website, you are going to want a way to facilitate trades — some kind of infrastructure that will allow a customer to select your product, cover it, and have it immediately delivered to them with complete hands-off automation. Payhip solves this issue.
What is Payhip?
Payhip is An e-commerce platform/website that gives customers with the tools and options for hosting and promoting digital products directly to their clients online.
The Provider Was co-founded by Abs Farah and Kahin Farah and is now based in my capital city of London.
What are the benefits of using Payhip?
Each online Platform differs, and I’ve used a couple of these previously.
For me, having A stage that is easy 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 Advantages that I’ve gained the most from using Payhip include –
- EU VAT is taken care of, and it is a huge plus in my book.
- Affordable. The site takes zero charges asides From 5 percent per transaction when you sell a digital item.
- Access to analytics reports.
- Access to marketing tools. You have the option to make Societal and Coupons discounts.
- Capability to signup, manage and reward your own affiliates.
- Access to merchandise sharing tools. Plus you can embed Buy and your merchandise Now buttons right on blog or your website.
- The ability to setup mailing lists so that your customers can Subscribe and stay current with your goods, and more.
- Instant digital product shipping via email link for buyers.
What I Enjoy About Payhip
Let us get to the details. Following my two year Payhip experience, Here Is What I really like about the service…
Payments Are Instantaneous
Payhip let’s your customers pay with PayPal Or from credit/debit card using Stripe, plus they don’t cover monthly/weekly/quarterly or make you wait for them to clean some kind of holding period. When a client makes a purchase, the cash is immediately available on your account, and if you have the PayPal and also Stripe programs installed on your mobile device, you’ll get notifications whenever a sale occurs. Sell Your Ebook Online
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 see that you made X amount of dollars while you’re sleeping, and it is all easily available for you to spend. The only caveat to this is Stripe. If your customers card using Stripe, there’ll be a three day hold before the cash is available. That is Stripe though — Payhip does not hold your money in any way.
No Monthly Fees
Among those things that Payhip initially sold me on is that there’s no Monthly fees or installation charges — only a simple flat fee of 5 percent per purchase .
This was attractive to me back Because, at the time, my readership was 1/10th of what it’s now, and that I was not positive I was likely to consistently 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 no-risk solution that best fit my scenario.
Simple To Know Analytics
Payhip’s back end Provides an analytics page That enables you to see trades and earnings quantities relative to this day, week, month, year, or any other given selection. On top of that, it is a to-the-point and very simple report.
If you used Google Analytics or Facebook analytics, the amount of data you are immediately smacked in the face with can be somewhat overwhelming, and lots of it is mostly useless too. Payhip just provides you exactly what you’re there to see — revenue data. Nothing more, nothing less.
Run Promotions with Coupon Codes
Another advantage users of Payhip encounter is By producing coupon codes promotions to conduct.
The codes may be for almost any percentage you would Enjoy and for any (or all) products. They could run for any duration you want (or even permanently,) and the code itself may even be customized to whatever string of text you would like.
I’ve found this to be helpful. Occasionally I’ll conduct a weekend promotion, place it on Facebook boost the post targeting a pixel audience that is re-marketing and I don’t fail to go ROI positive with it. People really do respond to limited time offers. Sell Your Ebook Online
Your Own Affiliate Program
Payhip gives you the capability Readers sign up as an affiliate of your store, and you are able to award, if someone purchases a product with their custom affiliate link.
This is useful because it allows other Men and Women To sell your products for you, and if they have a platform and an audience of their own that they can tap into, the commissions paid will be worth it.
Easy Integration with Email Marketing
You’ll be if you’re into email marketing Able to easily incorporate Payhip along with your chosen email marketing provider so that a purchase is made, the email address of the purchaser can be added to a listing that is chosen.
That is relatively minor but I think it’s Pretty cool so I want to give it a reference — if you so desire, you can have Payhip postage the buyer’s email address into the upper left corner of each page of a PDF document they have purchased.
So if someone intends to buy your PDF Book make it available for free somewhere else, they’ll need to be fine with their personal email address being publicly accessible. I think that is a means of deterring pirating.
Upload Many Sorts of Files
Payhip is a marketplace for ebooks — It’s possible to upload 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 appears. Individuals generally don’t trust sites that look obsolete, myself included. If a website looks like it has not been upgraded because the web 2.0 times, then I begin to wonder if maybe I’m in an abandoned construction and putting my payment info to it’d pretty much be like throwing my money into a black hole.
That is not the case with Payhip though. The Website has a design that is simple and very modern. If you should purchase a digital product this is exactly what you would anticipate a checkout page by a company. Sell Your Ebook Online
Another thing I enjoy about Payhip is its In general simplicity. From the a visitor lands on your product page, Payhip remains out of the way. They display your graphics, sales copy, and just the critical information (like price.) They do nothing to interfere with your sale — no self-promotion whatsoever.
Eventually, what I enjoy about Payhip is That customer payment info isn’t stored by them, meaning that your customers’ payment details are secure. The payment is totally managed through Stripe or PayPal, and I prefer it this way as they are successful companies with a lot of cash.
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 service and would like to see improved…
No Mobile App
One thing that bugs me around Payhip is that They don’t have a app. It’d be convenient to be able to start an app while I am out and around and take a look. The site is optimized for mobile devices, although you do so and can log in to the site.
I enjoy Payhip, but this is a really Lousy appearance in 2018. There is no reason you should not have a website optimized for mobile, and once you’ve got that, you ought to be able to easily turn the site itself into it’s own program so users don’t need to manually register in each time they want to inspect sales information. Users of Payhip experience a much better platform when they are on their devices.
No Upsells or Add-Ons At Checkout
On the checkout page, I’d like to see an ability to suggest Other products. If they are purchasing a bundle of templates for $5, I suggest some other product that could interest them they didn’t know about, or could offer a bundle of business card templates to get a few bucks. 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 being left on the Table — for both myself and Payhip — without this operation. This could improve the Payhip experience for both the client and the seller.
Set On A Fixed Timezone
This one is frivolous, but I’d still Like to see it fixed.
Since Payhip is located in London, they have The working timezone for the whole site set to BST. Since I’m found in the EST, I will occasionally check my stats at 7PM or afterwards and see that I made 0 earnings for the day since Payhip thinks it’s midnight and its own data reflects that.
This is largely a non-issue, but I Would like to see that the capability to correct the website to your timezone. Sell Your Ebook Online
More Flexibility with Coupon Codes
I know I raved about the coupon It is not perfect just yet, although code feature earlier.
As it stands, the only advertising You’re able to run through a voucher code. Ideally, I’d like to have the ability to supply a dollar amount off the initial cost, or the capability to set a predetermined sale price.
Right Now, if I want to place a product that is $27 Available for $10, manually do the math to figure out what percent off would leave the final cost at $10 and I must break out the calculator. I believe this is unnecessary and could be improved.
When creating A brand new product in Payhip, you also have access to advanced options including —
- Make your product private.
- Insert an ISBN (Internation Standard Book Number) to your eBook.
- Publish sample pages or a preview.
- To how many copies of your product or market can be, add a limitation number sold.
- Create a license key .
Just how much does this cost?
Payhip will Cost you or even host your products. The website takes only 5% commission per trade fee.
Can I Recommend Payhip?
This leaves us with the burning question: after two years as a vendor on Payhip, do you recommend it? Overall, yes. I am very much a satisfied customer, but whether you should 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 to get something like Gumroad, then yes, I would recommend Payhip. However, in case you know that you’ll be doing at least $ 1,000 in sales each month and market a product that is high-ticket or have a huge audience, you might want to look into something most cost-efficient.
As of the date of this writing, Payhip works On a flat fee of 5 percent of each sale. Gumroad’s fee is currently 3.5% + $0.30 per transaction + $10 per month.
If you are going to be promoting less than $1,000 per month in total volume, the mathematics should (typically ) prefer Payhip. But if you’re selling into the thousands, you are probably going to need to go with Gumroad or look into some alternative. That is mostly dependent on how many transactions it requires to achieve those sales numbers though, so make certain to crunch the numbers.
Personally, I love the Payhip Experience and am really grateful for their services. I would like to see them continue to grow and succeed. Sell Your Ebook Online