Intro Selling Digital Downloads On Etsy
Of All of the ways of monetizing content that is blog, my Strategy is Such as studying materials and design templates, to make and sell products. I’ve discovered that it’s extraordinarily more profitable than running advertisements from networks such as AdSense, and self-made products convert at a significantly higher speed compared to an affiliate product that somebody else created. The support I use to ease this can be Payhip, and this post I will be sharing what I like and dislike about the ceremony based on my Payhip expertise for a vendor for two + years. Selling Digital Downloads On Etsy
My Payhip Expertise
If you wanted to sell digital products Through your own site, you are going to want a way to facilitate transactions — some sort of infrastructure that will allow a customer to select your goods, pay for it, and have it instantaneously delivered to them with whole hands-off automation. Payhip solves this problem.
Payhip is An e-commerce platform/website that provides customers with solutions and the tools for hosting and promoting products directly to their customers 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 using Payhip?
Each online Platform is different, and I have used a couple of these previously.
Having A stage that is so easy to use and one that does not take a huge amount of my time is of utmost significance.
Payhip will Save you a lot of time too because everything is taken care of on the Payhip platform.
The Advantages that I’ve gained the most from utilizing Payhip comprise –
- EU VAT is taken care of, and it can be a big plus in my book.
- Affordable. The website takes zero fees asides From 5 percent per transaction when you sell a digital item.
- Accessibility to analytics accounts.
- Access to marketing tools. You have the option to make Societal and coupons discounts.
- Ability to signup, manage and reward your own affiliates.
- Access to product sharing tools. Plus it is possible to embed Your merchandise and purchase Now buttons on your website or blog.
- The ability to setup mailing lists so that your clients can Subscribe and remain current with your goods, and more.
- Instant digital product shipping via email link to buyers.
What I Like About Payhip
Let us get to the information. Following my 2+ year Payhip expertise, here’s what I really like about the ceremony…
Upgrades Are Instantaneous
Payhip let’s your customers pay with PayPal Or by credit/debit card using Stripe, and they do not cover monthly/weekly/quarterly or force you to wait around for them to clear some kind of holding period. When a client makes a purchase, the cash is instantly available on your accounts, and in case you have the PayPal and also Stripe apps installed on your mobile device, you’ll get notifications whenever a sale occurs. Selling Digital Downloads On Etsy
I happen to love this. The excitement of Seeing a sale never gets older. It’s also good to wake up in the morning, reach to your phone, and also see that you made X number of dollars while you were sleeping, and it is all readily available for you to spend. The caveat to this can be Stripe. If your clients pays by card with Stripe, there will be a 3 day hold before the cash is available. This is Stripe however — Payhip doesn’t hold your cash in any way.
No Monthly Charges
Among the things that Payhip initially sold me on is that there is no Monthly charges 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 is now, and that I was not positive that I was likely 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 match my scenario.
Easy To Understand Analytics
Payhip’s back end Provides an page That lets you view trades and earnings amounts relative to the day, week, month, year, or any other given selection. On top of that, it is a report that is to-the-point and really simple.
If you’ve used Google Analytics or Facebook analytics, the number of information you are immediately smacked in the face with can be a bit overwhelming, and a lot of it’s largely useless also. Payhip just gives you what you are there to view — revenue data. Nothing more, nothing less.
Run Promotions with Coupon Codes
Another benefit users of Payhip experience is By creating coupon codes, promotions to conduct.
The codes can be Like and for any (or all) products. They can run for any duration you want (or even indefinitely,) and the code itself can even be customized to whatever series of text you desire.
I’ve found this to be useful. Sometimes I’ll run a weekend marketing, place it on Facebook boost the article targeting a pixel re-marketing audience and I never fail to go ROI positive by it. People truly do respond to limited time offers. Selling Digital Downloads On Etsy
Your Own Affiliate Program
Payhip gives you the capability to let your Readers register as an affiliate of your store, and whenever someone purchases a product you are able to grant them a commission of whatever percentage you’d like.
This is useful since it allows other Men and Women To market your merchandise for you, the commissions paid will be well worthwhile and if they have a platform and an audience of their own they can tap to.
Easy Integration with Email Marketing
If you’re into email advertising, you will be Able to easily incorporate Payhip along with your email advertising supplier so that if a purchase is made, the email address of the purchaser could be added to a list that is selected.
This is minor but I think it’s Pretty cool so I want to give it a mention — if you so desire, you’ll have Payhip stamp the buyer’s email address to the upper left corner of every page of a PDF document they have bought.
So if someone intends to Purchase Your PDF Publication make it publicly available for free they’ll have to be okay with their email address being accessible. I believe that is a very creative way of deterring pirating.
Upload Many Sorts of Files
Payhip is a marketplace for ebooks — You can upload just about any kind of electronic file. Font documents, video/audio documents, photographs, software, etc..
Overall Simplicity and Modern Design
1 thing that can’t be overlooked whenever You are selling something is your site looks. People generally do not trust myself included. If a website looks like it has not been updated since the net 2.0 times, then I begin to wonder if maybe I am in an abandoned building and placing my payment info into it would pretty much be like throwing my money into a black hole.
That is not true with Payhip though. The Site has a easy and very modern design. This is exactly what you’d anticipate a checkout page from a trustworthy company to look like, In the event that you were to purchase a merchandise on the world wide web. Selling Digital Downloads On Etsy
Another thing that I enjoy about Payhip is its Overall simplicity. From the second a visitor lands on your product page, Payhip stays 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.
Eventually, what I like about Payhip is That customer payment info isn’t stored by them, meaning your customers’ payment details are secure. The payment is totally handled through PayPal or Stripe, and I prefer it that way as they’re big companies with a lot 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 service and would like to see enhanced…
No Mobile App
One thing that bugs me around Payhip is that They do not possess a app. It’d be convenient to have the ability to open an app while I am out and about, and have a look. You do so and can log into the site, but the website is optimized for mobile devices.
I enjoy Payhip, but this is a really Lousy look 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 app so users do not need to manually sign in each time they want to inspect sales data. Users of Payhip experience a platform when they’re on their devices.
No Upsells or Add-Ons In Checkout
On the checkout page, I would like to see an ability that is added to suggest Other products. For instance, if they’re buying a bundle of templates for $5, I suggest some other similar product which may interest them they previously didn’t know about, or might provide a package of business card templates for a couple of bucks. This is something that websites like Amazon and VistaPrint do very well.
I can’t help but feel as though there is a Great Deal of money Table — for both myself and Payhip — without this operation. This may improve the Payhip experience for both the seller and the customer.
Establish On A Fixed Timezone
This one is frivolous, but I Prefer to see it fixed.
Since Payhip is located at London, they’ve The working timezone for the website place to BST. Since I’m located in the EST, I’ll sometimes check my stats at 7PM or later and see that I left 0 sales for the day since Payhip believes it is midnight and its own data reflects that.
Again, this is largely a non-issue, however I Would like to observe that the ability to adjust the website. Selling Digital Downloads On Etsy
More Flexibility with Coupon Codes
I know I raved about the coupon Code feature but it’s not perfect yet.
As it currently stands, the sole promotion You can run through a voucher code. Ideally, I’d like to be able to supply a dollar amount off the initial cost, or the ability to set a sale price.
Right Now, if I want to place a merchandise that is $27 On sale for $10, I must break out the calculator and do the math to figure out what percent off would leave the cost at $10. I believe this is unnecessary and may be made better.
When creating A new product in Payhip, you have access to innovative options including —
- Make your product private.
- Add an ISBN (Internation Standard Book Number) to your eBook.
- Publish sample pages or a few preview.
- To how many copies of eBook or your product can be, add a limit number sold.
- Create a license key that is unique .
How much does it cost?
Payhip will Cost you to establish or host your digital products. The website takes only 5% commission per transaction fee.
Can I Recommend Payhip?
This leaves us with the burning question: after 2years as a vendor on Payhip, would you recommend it? Total, yes. I am a client, but whether you ought to use it depends upon your own situation.
If you’re a blogger with a small audience And you can not justify spending $10+ per month to get something like Gumroad, then yes, I would absolutely recommend Payhip. But in case you have a huge audience or market a merchandise and know you’ll do at least $1,000 in sales each month, you might want to check into something.
As of the date of this writing, Payhip functions On a set fee of 5% of each sale. Gumroad’s fee is currently 3.5% + $0.30 per transaction + $10 a month.
If you’re going to be promoting less than $1,000 a month in total quantity, the math should (in most cases) prefer Payhip. But if you are selling well into the thousands, you’ll probably want to decide on Gumroad or start looking into another alternative. That is dependent on how many transactions it takes to reach those sales numbers though, so be sure that you crunch the numbers for yourself.
Personally, I absolutely love the Payhip Experience and am grateful for their solutions. I want to see them continue to grow and succeed. Selling Digital Downloads On Etsy