Background Selling Digital Goods On Ebay
Of All of the ways of Creating blog content, my favorite Strategy is Like studying layout templates and materials to create and sell products. I have discovered that it is extraordinarily rewarding than running ads from networks such as AdSense, and self explanatory products convert at a significantly greater rate compared to an affiliate product that somebody else created. The service I use to facilitate this can be Payhip, and this article I’ll be sharing what I like and dislike about the ceremony based on my Payhip expertise as a seller for 2+ years. Selling Digital Goods On Ebay
My Payhip Experience
If you wanted to sell digital products Through your own site, you are going to want a means to facilitate transactions — some sort of infrastructure that will allow a client to select your product, pay for it, and have it immediately delivered to them with whole hands-off automation. Payhip solves this issue.
What is Payhip?
Payhip is An that gives customers with options and the easiest tools for hosting and selling products to their customers 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 benefits of utilizing Payhip?
Each online Platform is different, and I have used a couple of these previously.
For me, having A stage that is so easy to use and one that doesn’t require a massive amount of my time is of paramount importance.
Payhip will Save 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 cared for, which is a huge plus in my book.
- Affordable. The website takes zero fees asides From 5% per trade when you sell a product.
- Accessibility to analytics accounts.
- Access to advertising tools. You have the option to create Coupons and societal discounts.
- Capability to signup, manage and reward your own affiliates.
- Access to product sharing programs . Plus it is possible to embed Your product and Buy Now buttons right on your site or blog.
- The ability to set mailing lists so that your clients can Subscribe and stay up to date with your electronic products, and much more.
- Instant digital product shipping via email link to customers.
What I Like About Payhip
Let us get to the information. Following 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 by credit/debit card using Stripe, and they do not pay out monthly/weekly/quarterly or force you to wait for them to clean some kind of holding period. When a customer makes a purchase, the money is immediately available on your accounts, and if you’ve got the PayPal and also Stripe programs installed on your mobile device, you are going to get notifications each time a sale occurs. Selling Digital Goods On Ebay
I happen to appreciate this. The excitement of Seeing a brand new sale never gets older. In addition, it is great to awake in the morning, reach to your telephone, and see you made X number of dollars while you’re sleeping, and it is all readily available for you to spend. The only caveat to this can be Stripe. If your clients card using Stripe, there’ll be a 3 day hold before the money is available. This is all Stripe however — Payhip doesn’t hold your cash in any way.
No Monthly Charges
One of the things that Payhip originally sold me is that there is no Monthly fees or installation charges — only a simple flat fee of 5% per sale.
This was attractive to me back Because, at the time, my readership was less than 1/10th of what it is 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 like Gumroad. As a relatively new blogger having a small audience, Payhip was the no-risk solution that best match my scenario.
Simple To Know Analytics
Payhip’s back end offers an analytics page That lets you view transactions and earnings amounts relative to this day, week, month, year, or some other specified selection. Best of all, it is a report that is straightforward and to-the-point.
If you have used Google Analytics or Facebook analytics, the number of information you are instantly smacked in the face with can be somewhat overwhelming, and a lot of it’s mostly useless also. Payhip just provides you what you are there to view — sales data. Nothing more, nothing less.
Run Promotions with Coupon Codes
Another advantage users of Payhip experience is By producing coupon codes promotions to run.
The codes can be Enjoy and for any (or all) products. They could run for whatever length you’d like (or even permanently,) and the code itself may even be customized to whatever string of text you desire.
I’ve found this to be very useful. Sometimes I will conduct a weekend marketing, post it on Facebook raise the article 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. Selling Digital Goods On Ebay
Your Own Affiliate Program
Payhip Provides you the capability Readers register as an affiliate of your shop, and you are able to award them a commission of whatever percentage you would like, whenever someone buys a product using their customized affiliate link.
This is useful since it allows other Men and Women To market your merchandise 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
You’ll be if you’re into advertising Able to incorporate Payhip along with your email advertising provider that is preferred so that a sale is made, the email address of the purchaser could be added to a list.
That is relatively small but I think it’s Pretty cool so I wish to give it a mention — if you desire, you’ll have Payhip stamp the buyer’s email address to the top left corner of each page of a PDF document they have bought.
So if someone intends to Purchase Your PDF Book make it publicly accessible for free somewhere else, they will need to be okay with their private email address being accessible as well. I think that’s a creative way of deterring pirating.
Upload Most Sorts of Files
Payhip is a marketplace for ebooks — It’s possible to upload any kind of file. Font files, video/audio documents, photos, software, etc..
Overall Simplicity and Modern Design
1 thing that can’t be overlooked whenever You’re selling something is how current your site appears. People do not trust myself included. If a website looks like it has not been updated since the net 2.0 times, then I start to wonder if maybe I’m in an abandoned construction and placing my payment info into it would pretty much be like throwing my money into a black hole.
That’s not the case with Payhip though. The Website has a design that is simple and very contemporary. If you should purchase a digital merchandise this is exactly what you would anticipate a checkout page from a trusted company to appear like. Selling Digital Goods On Ebay
Another thing that I enjoy about Payhip is its In general simplicity. In the moment a visitor lands on your product page, Payhip remains out of the way. They display your graphics, sales copy, and only the critical information (like price.) They do nothing to interfere with your sale — no self-promotion whatsoever.
Eventually, what I really enjoy about Payhip is That they don’t store customer payment info, meaning your clients’ payment details are safe. The payment is managed through Stripe or PayPal, and I prefer it this way because they are big companies with lots 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 enhanced…
No Mobile App
One thing that bugs me about Payhip is that They don’t have a app. It would be convenient to be able to open an app while I am out and about, and take a look during my earnings data. You can log in to the site and do this, but the site isn’t even optimized for mobile devices.
I enjoy Payhip, but that is a very Bad look in 2018. There is no reason you shouldn’t have a site optimized for mobile, and when you have that, you should be able to easily turn the website itself right into it’s own app so users do not have to manually sign in each time they want to inspect sales data. Permit users of Payhip experience a platform when they’re on their cellular devices.
No Upsells or Add-Ons In Checkout
On the checkout page, I would really like to see an Extra capability to indicate Other products. If they are purchasing a bundle of logo templates for $5, then I propose, or could provide a bundle of business card templates to get a couple of added bucks. This is something that websites like Amazon and VistaPrint do.
I can’t help but feel like there’s a Great Deal of money Table — for both myself and Payhip — with no functionality. This may improve the Payhip encounter for both the customer and the vendor.
Set On A Fixed Timezone
This one is mostly frivolous, but I had still Prefer to see it corrected.
Considering that Payhip is located in London, they’ve BST was set to by The functioning timezone for the site. Since I’m found in the EST, I’ll sometimes 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 data reflects that.
Again, this is mostly a non-issue, however I Would like to observe the capability to correct the website. Selling Digital Goods On Ebay
More Flexibility with Coupon Codes
I know I raved about the coupon It’s not perfect yet, although Code attribute earlier.
As it now stands, the sole advertising You can run via a voucher code. I’d like to have the ability to supply a dollar amount to set a sale price that is predetermined.
Right Now, if I Need to place a merchandise that is $27 On sale for $10, do the math to determine what percent off will render the final price and I have to break out the calculator. I think this is unnecessary and may be made better.
When creating A new product in Payhip, you also have access to innovative alternatives which include —
- Make your merchandise 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 eBook can be, add a limit number sold.
- Generate a license key .
Just how much does this cost?
Payhip will Cost you or host your products. The site takes only 5% commission per transaction fee.
Would I Recommend Payhip?
This leaves us with the burning question: after two + years as a seller on Payhip, do you recommend it? Overall, yes. I am very much a customer, but whether or not you should use it depends upon your own situation.
If you’re a new 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 merchandise or have a massive audience, you may want to check into something.
As of the date of the writing, Payhip works On a set fee of 5 percent of every sale. Gumroad’s fee is now 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 math should (in most cases) favor Payhip. But if you are selling into the thousands, you’ll probably want to go with Gumroad or look into some alternative. This is all dependent on how many transactions it requires to achieve those sales numbers so be sure that you crunch the numbers on your own.
Personally, I love the Payhip Experience and am really thankful for their solutions. I want to see them continue to grow and succeed. Selling Digital Goods On Ebay