Introduction Selling Digital Files Etsy
Of all the ways of monetizing content that is blog, my Strategy is Such as learning materials and design templates to create and sell electronic products. I’ve discovered that it’s extraordinarily profitable than running advertisements and self-made products convert at a much greater rate compared to an affiliate product that someone else created. The support I use to facilitate this can be Payhip, and in this post I will be discussing what I both like and dislike about the ceremony based on my Payhip experience for a seller for 2+ years. Selling Digital Files Etsy
My Payhip Experience
If you have ever wanted to sell digital products Through your own site, you are going to want a means to facilitate transactions — some kind of infrastructure that will allow a customer to select your goods, pay for it, and also have it instantaneously delivered to them with complete hands-off automation. Payhip solves this problem.
What is Payhip?
Payhip is An that provides users with the tools and solutions for selling digital products directly to their clients and hosting online.
The Provider Was co-founded by Abs Farah and Kahin Farah and is currently based in my capital city of London.
Which are the advantages of utilizing Payhip?
Each online Platform differs, and I have used a few of them in the past.
For me personally, having A platform that is really easy to use and one that doesn’t take a massive amount of my time is of paramount significance.
Payhip will Save a great deal of time also because everything is taken care of on the Payhip platform.
The Benefits that I’ve gained the most from using Payhip include –
- EU VAT is cared for, which can be a big plus in my book.
- Affordable. The website takes zero charges asides From 5% per trade when you sell a digital product.
- Access to analytics reports.
- Access to advertising tools. You have the option to create Societal and coupons discounts.
- Ability to signup, manage and reward your own affiliates.
- Access to product sharing programs . Plus it is possible to embed Purchase and your merchandise Now buttons directly on your own site or blog.
- The Capacity to set mailing lists so that your customers can Subscribe and stay current with your electronic goods, and more.
- Immediate digital merchandise delivery via email link for customers.
What I Enjoy About Payhip
Let’s get to the information. After my two year Payhip experience, here’s what I really like about the ceremony…
Upgrades Are Instantaneous
Payhip let’s your customers pay with PayPal Or from credit/debit card with Stripe, and they do not pay out monthly/weekly/quarterly or make you wait for them to clear some kind of holding period. When a customer makes a purchase, the money is instantly available in your accounts, and in case you’ve got the PayPal and Stripe apps installed on your mobile device, you’ll get notifications whenever a sale occurs. Selling Digital Files Etsy
I happen to appreciate this. The excitement of Seeing a sale never gets older. It’s also good to awake in the morning, reach to your telephone, and also see that you made X number of dollars while you were sleeping, and it’s all easily available for you to spend. The only caveat to this can be Stripe. If your clients pays by card using Stripe, there’ll be a three day hold until the money is available. That is all Stripe however — Payhip does not hold your money in any way.
No Monthly Charges
Among those things that Payhip initially sold me is that there is no Monthly charges or setup charges — just a simple flat fee of 5 percent per sale.
This was appealing to me in 2016 Since, at the time, my readership was less than 1/10th of what it’s now, and that I was not positive I was going to consistently sell enough product to warrant paying a monthly fee for a similar service such as Gumroad. As a relatively new blogger having a small crowd, Payhip was the quickest solution that best fit my scenario.
Easy To Understand Analytics
Payhip’s back end Provides an page That lets you view transactions and earnings amounts relative to the day, week, month, year, or some other given range. Best of all, it’s a report that is really simple and to-the-point.
If you have used Google Analytics or Facebook analytics, the amount of information you’re instantly smacked in the face can be a bit overwhelming, and a lot of it is mostly useless also. Payhip just provides you exactly what you are there to see — sales data. Nothing more, nothing less.
Run Promotions with Coupon Codes
Another benefit users of Payhip experience is The ability to run promotions by creating coupon codes.
The codes can be Like and for any (or all) products. They can run for whatever duration you’d like (or even permanently,) and the code itself can even be customized to whatever string of text you would like.
I’ve found this to be useful. Sometimes I will run a weekend promotion, post it on Facebook, then raise the post targeting a pixel audience and I never fail to go ROI positive with it. People do respond well to limited time offers. Selling Digital Files Etsy
Your Own Affiliate Program
Payhip gives you the ability to let your Readers sign up as an affiliate of your shop, and whenever someone purchases a product using their customized affiliate link, you can award.
This is useful because it allows Men and Women To market your products the commissions paid will be well worthwhile and should they have a platform and an audience of their own they can tap into.
Easy Integration with Email Marketing
You will be if you’re into marketing Able to easily integrate Payhip with your email advertising provider so that a purchase is made, the buyer’s email address could be added to a selected list.
This is small but I think it’s Pretty cool so I wish to give it a mention — if you so desire, you can 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 Purchase Your PDF Book then make it accessible for free they will need to be fine with their personal email address being available. I believe that’s a very creative way of deterring pirating.
Upload Most Kinds of Files
Payhip is a marketplace for ebooks — You can 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 are selling something is your site appears. Individuals do not trust websites which look outdated, myself included. If a website looks like it has not been updated because the net 2.0 days, I start to wonder if maybe I’m in an abandoned construction and putting my payment info to it would pretty much be like throwing my money into a black hole.
That’s not the case with Payhip though. The Site has a very modern and easy design. This is exactly what you would expect a checkout page by a company In the event that you should purchase a digital product on the world wide web. Selling Digital Files Etsy
Another thing I enjoy about Payhip is its own In general simplicity. From the moment a visitor lands on your product page, Payhip stays out of the way. They display your graphics, sales copy, and only the critical information (such as price.) They do nothing to interfere with your sale — no self-promotion whatsoever.
Eventually, what I really enjoy about Payhip is That customer payment info isn’t stored by them, meaning your clients’ payment details are safe. The payment is managed through Stripe or PayPal, and I prefer it that way as they’re large 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 items that I dislike about the ceremony and would like to see enhanced…
No Mobile App
One thing that bugs me around Payhip is that They don’t have a mobile program. It’d be convenient to be able to start an app and take a look through my data while I am out and around. The site is optimized for mobile devices, although you do this and may log into the website.
I enjoy Payhip, but that is a very Bad appearance in 2018. There’s no reason you should not have a website optimized for mobile, and when you have that, you should be able to easily turn the site itself right into it’s own program so users do not have to manually sign in each time they would like to check sales information. Users of Payhip experience a platform when they’re on their mobile devices.
No Upsells or Add-Ons At Checkout
On the checkout page, I’d like to see an ability to suggest Other products similar to what the customer is about to purchase. By way of example, if they’re buying a package of templates for $5, I suggest some other similar product that could interest them that they previously didn’t know about, or could offer a package of business card templates to get a couple of extra dollars. This is something which websites like Amazon and VistaPrint do very well.
I can not help but feel as though there’s a Great Deal of money being left on the Table — for both myself and Payhip — with no operation. This could improve the Payhip encounter for both the seller and the client.
Set On A Fixed Timezone
This one is mostly frivolous, but I had still Prefer to see it corrected.
Considering that Payhip is located at London, they have The working timezone for the entire site set to BST. Since I’m located in the EST, I’ll sometimes check my analytics at 7PM or afterwards and see that I left 0 sales for the day since Payhip believes it is midnight and its data reveals that.
Again, this is largely a non-issue, but I Would love to see the capability to adjust the website. Selling Digital Files Etsy
More Flexibility with Coupon Codes
I know I raved about the coupon It is not quite perfect yet, although code feature earlier.
As it now stands, the only advertising You’re able to run through a voucher code is for a percent off. Ideally, I’d like to have the ability to supply a dollar amount to set a sale price that is specified.
At the moment, if I want to place a product Available for $10, manually do the math to figure out what percentage off will leave the last price at $10 and I must break out the calculator. I believe that is unnecessary and could be made better.
When creating A new product in Payhip, you also have access to innovative alternatives which include —
- Make your merchandise personal.
- Add an ISBN (Internation Standard Book Number) to your eBook.
- Upload a couple of preview or sample pages.
- To the number of copies of eBook or your product could be, Insert a limitation amount sold.
- Create a unique license key .
How much does this cost?
Payhip will Cost you nothing to establish or even host your products. The site takes only 5% 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 client, but whether you ought to use it depends on your situation.
If you’re a new 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 have a massive audience or market a merchandise and know that you’ll be doing at least $1,000 in sales each month, you may want to look into something.
As of the date of this writing, Payhip functions On a set fee of 5 percent of each sale. Gumroad’s fee is currently 3.5% + $0.30 per transaction + $10 per month.
If you’re going to be promoting $1,000 per month in total quantity, the mathematics should (in most cases) prefer Payhip. But if you are selling into the thousands, you want to decide on Gumroad or start looking into some other choice. That is mostly dependent on how many transactions it requires to reach those sales numbers so be certain to crunch the numbers on your own.
Personally, I love the Payhip Expertise and am thankful for their services. I want to see them continue to grow and succeed. Selling Digital Files Etsy