Intro Selling Digital Products On Your Website
Of All of the ways of monetizing Articles that is blog, my favorite method is To create and sell products like learning layout templates and materials. I have found that it’s extraordinarily profitable than running advertisements from networks such as AdSense, and self explanatory products convert at a significantly higher speed 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 like and dislike about the service based on my Payhip experience as a seller for 2+ years. Selling Digital Products On Your Website
My Payhip Expertise
If you wanted to market products Through your own website, you’ll want a way to facilitate trades — some sort of infrastructure that will allow a client to select your goods, pay for it, and also have it instantaneously 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 simplest tools and options for promoting products directly to their customers and hosting online.
The Provider Was co-founded by Abs Farah and Kahin Farah and is now based in my capital city of London.
Which are the advantages of using Payhip?
Each online Platform differs, and I’ve used a few of these previously.
For me, having A platform that is simple to use and one that does not take a massive amount of my valuable time is of utmost importance.
Payhip will Save a great deal of time because everything is taken care of 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 that is digital.
- Accessibility to analytics accounts.
- Access to marketing tools. You have the option to make Coupons and social discounts.
- Capability to signup, handle and reward your own affiliates.
- Access to product sharing programs . Plus it is possible to embed Purchase and your merchandise Now buttons on blog or your own website.
- The Capacity to setup mailing lists so that your customers can Subscribe and remain current with your electronic goods, and much more.
- Instant digital product delivery via email link for buyers.
What I Enjoy About Payhip
Let’s get to the details. After my 2+ year Payhip expertise, here’s what I really like about the service…
Upgrades Are Instantaneous
Payhip let’s your customers pay with PayPal Or by credit/debit card using Stripe, and they don’t cover monthly/weekly/quarterly or force you to wait for them to clear some sort of holding period. When a customer makes a purchase, the cash is instantly available in your account, and if you have the PayPal and Stripe apps installed on your mobile device, you’ll receive notifications whenever a sale happens. Selling Digital Products On Your Website
I happen to love this. The excitement of Seeing a new sale never gets older. In addition, it is good to wake up in the morning, reach to your telephone, and also 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 is Stripe. If your clients pays by card using Stripe, there will be a 3 day hold until the cash is available. This is Stripe though — Payhip does not hold your cash in any way.
No Monthly Fees
Among those things that Payhip initially sold me on is that there is no Monthly fees or installation charges — only a simple flat charge of 5% per purchase .
This was appealing to me back Because, at the moment, my readership was 1/10th of what it is now, and I was not positive I was likely to always sell enough product to justify paying a monthly fee to get a similar service such as Gumroad. As a relatively new blogger having a little audience, Payhip was the no-risk solution that best match my situation.
Simple To Understand Analytics
Payhip’s back end Provides an page That enables you to see transactions and earnings quantities relative to the day, week, month, year, or some other given selection. Best of all, it is a report that is to-the-point and simple.
If you’ve used Google Analytics or Facebook analytics, the amount of data you are instantly smacked in the face can be a bit overwhelming, and a lot of it’s largely 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 encounter is The ability to run promotions.
The codes may be Enjoy and for any (or all) products. They can run for whatever length you want (or even indefinitely,) and the code itself can even be customized to whatever string of text you desire.
I have found this to be useful. 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 truly do respond to limited time offers. Selling Digital Products On Your Website
Your Own Affiliate Program
Payhip gives you the capability Readers register as an affiliate of your shop, and whenever someone buys a product you are able to grant.
This is useful since it allows people To sell your merchandise for you, the commissions paid will be well worth it and should they have an audience of their own and a platform that they can tap into.
Easy Integration with Email Marketing
If you’re into email advertising, you’ll be Able to easily incorporate Payhip with your email advertising provider that is chosen so that a sale is made, the purchaser’s email address can be added to a list.
This is relatively minor but I think it’s Pretty cool so I want to give it a reference — if you so desire, you’ll have Payhip postage the buyer’s email address to the upper left corner of every page of a PDF document they have purchased.
So if someone plans to buy your PDF Publication make it publicly available for free they’ll need to be fine with their private email address being available. I think that’s a means of deterring pirating.
Upload Many Sorts of Files
Payhip isn’t Only a market for ebooks — It’s possible to upload virtually any sort of file. Font documents, video/audio files, photos, software, etc..
Total Simplicity and Modern Design
1 thing that can’t be overlooked whenever You are selling something is your site appears. Individuals generally do not trust myself included. If a site looks like it hasn’t been upgraded since the net 2.0 days, I start to wonder if perhaps I am in an abandoned construction and putting my payment information to it would 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 very modern and easy. In the event that you were to buy a digital product on the internet, this is what you would anticipate a checkout page from a trusted company to appear like. Selling Digital Products On Your Website
Another thing that I enjoy about Payhip is its Overall simplicity. From the 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 nothing to interfere with your sale — no.
Finally, what I really enjoy about Payhip is That customer payment info isn’t stored by them, meaning that your customers’ payment details are secure. The payment is managed through Stripe or PayPal, and I prefer it this way as they are successful companies with lots of cash.
What I Dislike About Payhip
As much as I like Payhip, it is far from perfect. Here are some items that I dislike about the service and would like to see improved…
No Mobile App
1 thing that bugs me about Payhip is that They don’t possess a program. It would be convenient to be able to open an app and have a look while I am out and about. The website is optimized for mobile devices, although you do so and can log in to the site.
I like Payhip, but that is a very Bad appearance in 2018. There is no reason you shouldn’t have a website optimized for cellular, and once you’ve got that, you ought to be able to easily turn the site itself right into it’s own app so users don’t need to manually sign in each time they would like to check sales data. Permit users of Payhip experience a better platform when they are on their devices.
No Upsells or Add-Ons In Checkout
On the checkout page, I’d really like to see an capability that is Extra to suggest Other products similar to what the customer is going to purchase. By way of instance, if they’re buying a bundle of logo templates for $5, then I could offer a bundle of business card templates to get a few bucks, or propose some other product that may interest them they didn’t know about. This is something which websites like Amazon and VistaPrint do.
I can not help but feel like there is a Great Deal of money Table — for myself and Payhip — with no operation. This may improve the Payhip encounter for both the vendor and the client.
Set On A Fixed Timezone
This one is mostly frivolous, but I had still Like to see it fixed.
Considering that Payhip is located in London, they’ve BST was set to by the working timezone for the whole website. Since I am found in the EST, I’ll occasionally check my stats at 7PM or later and see that I made 0 sales for the day since Payhip thinks it is midnight and its information reveals that.
This is largely a non-issue, but I Would like to observe that the ability to adjust the website. Selling Digital Products On Your Website
More Flexibility with Coupon Codes
I know I raved about the coupon Code feature but it’s not quite perfect yet.
As it stands, the sole promotion You can run through a voucher code is to get a percent off. I’d love to be able to offer a dollar amount from the original cost, or the ability to set a sale price that is predetermined.
Right Now, if I want to place a product On sale for $10, I have to break out the calculator and manually do the math to determine what percent off will render the price at $10. I believe this is unnecessary and may be made better.
When creating A brand new product in Payhip, you have access to advanced options which include —
- Make your merchandise private.
- Add an ISBN (Internation Standard Book Number) to your eBook.
- Upload a sample or preview pages.
- To the number of copies of market or your product can be Insert a limit number sold.
- Create a license key that is unique for all your product/eBook sales.
Just how much does it cost?
Payhip will Cost you to set up or host your products. The website takes only 5% commission per trade fee.
Can 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 satisfied client, but whether you should use it depends on your own situation.
If you are a blogger with a small audience And you can’t justify spending $10+ a month for something such as Gumroad, then yes, I would recommend Payhip. But if you have a huge audience or market a high-ticket merchandise and know you’ll do at least $1,000 in sales every month, you may want to look into something most cost-efficient.
As of the date of this writing, Payhip works On a flat fee of 5% of every sale. Gumroad’s fee is now 3.5% + $0.30 per transaction + $10 per month.
If you are going to be selling less than $1,000 per month in total volume, the math should (in most cases) prefer Payhip. But if you are selling into the thousands, you are probably going to need to decide on Gumroad or start looking into some other alternative. That is dependent on the number of transactions it takes to achieve those sales numbers so make sure that you crunch the numbers.
Personally, I love the Payhip Expertise and am grateful for their services. I would like to see them continue to grow and succeed. Selling Digital Products On Your Website