Background Selling Goods
Of All of the ways of monetizing blog Articles, my favorite method is To create and sell electronic products such as learning layout templates and materials. I’ve discovered that it’s extraordinarily more rewarding than running advertisements from networks like AdSense, and products convert at a significantly higher rate compared to an affiliate product that somebody else created. The support I use to ease this is Payhip, and this article I’ll be discussing what I both like and dislike about the ceremony based on my Payhip experience for a vendor for two + years. Selling Goods
My Payhip Expertise
If you’ve ever wanted to market digital products Through your own site, you are going to need a means to facilitate trades — some kind of infrastructure which will enable a customer to select your goods, cover it, and have it immediately delivered to them with complete hands-off automation. Payhip solves this problem.
What is Payhip?
Payhip is An e-commerce platform/website that provides users with the easiest tools and solutions for selling electronic products directly to their clients and hosting 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 advantages of utilizing Payhip?
Each online Platform differs, and I have used a few of them in the past.
For me personally, having A stage that is really easy to use and one that does not require a huge amount of my time is of utmost importance.
Payhip will Save a lot of time because everything is taken care of on the Payhip platform.
The Advantages that I’ve gained the most from utilizing Payhip include –
- EU VAT is taken care of, and it can be a huge plus in my book.
- Affordable. The website takes zero fees asides From 5% per trade when you sell a product.
- Access to analytics accounts.
- Access to advertising tools. You have the option to make Coupons and social discounts.
- Capability to signup, manage and reward your affiliates.
- Access to merchandise sharing programs . Plus it is possible to embed Your product and purchase Now buttons directly on your own website or blog.
- The Capacity to setup mailing lists so that your customers can Subscribe and remain current with your digital goods, and much more.
- Instant digital merchandise delivery via email link for customers.
What I Enjoy About Payhip
Let’s get to the details. Following my two year Payhip expertise, here’s what I really like about the service…
Payments Are Instantaneous
Payhip let us your customers pay with PayPal Or from credit/debit card using Stripe, plus they do not pay out monthly/weekly/quarterly or force you to wait around for them to clean some kind of holding period. When a customer makes a purchase, the cash is instantly available in your account, and in case you’ve got the PayPal and also Stripe apps installed on your mobile device, you’ll receive notifications each time a sale occurs. Selling Goods
I happen to love this. The excitement of Seeing a sale that is new never gets old. It’s also great to awake in the morning, reach to your phone, and also see you made X number of dollars while you’re sleeping, and it is all easily available for you to spend. The caveat to this can be Stripe. If your customers pays by card with Stripe, there will be a three day hold until the cash is available. That is all Stripe though — Payhip does not hold your money in any way.
No Monthly Charges
One of the things that Payhip originally sold me on is that there is no Monthly charges or installation charges — just a simple flat charge of 5% per sale.
This was attractive to me back Because, at the moment, my readership was less than 1/10th of what it is now, and that I was not positive that I was going to consistently sell enough product to justify paying a monthly fee for 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.
Easy To Know Analytics
Payhip’s back end Provides an analytics page That lets you view trades and earnings quantities relative to this day, month, week, year, or some other given selection. Best of all, it’s a report that is to-the-point and really straightforward.
If you have used Google Analytics or Facebook analytics, the amount of information you’re instantly smacked in the face with can be a bit overwhelming, and a lot of it’s mostly useless too. Payhip just gives you what you’re there to see — sales information. 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 may be Enjoy and for any (or all) products. They could run for whatever length you’d like (or even indefinitely,) and the code itself can even be customized to whatever string of text you desire.
I’ve found this to be somewhat helpful. Sometimes I will conduct a weekend promotion, place it on Facebook raise the article targeting a pixel re-marketing audience and I never fail to go ROI positive by it. People do respond to limited time offers. Selling Goods
Your Own Affiliate Program
Payhip Provides you the capability to let your Readers sign up as an affiliate of your shop, and you can grant someone purchases a product using their custom affiliate link.
This is useful since it allows people To sell your products for you, the commissions paid will be worthwhile and if they have an audience of their own and a platform they can tap into.
Easy Integration with Email Marketing
If you’re into email marketing, you will be Able to readily incorporate Payhip along with your email advertising provider that is preferred so that if a purchase is made, the purchaser’s email address could be added into a chosen list.
That is small but I think it’s Pretty cool so I wish to give it a mention — if you so desire, you’ll have Payhip postage the buyer’s email address to the top left corner of every page of a PDF document they’ve purchased.
So if someone intends to buy your PDF Book make it accessible for free they will have to be fine with their private email address being publicly available. I believe that’s a creative way of deterring pirating.
Upload Many Sorts of Files
Payhip is a marketplace for ebooks — It’s possible to upload any kind of electronic file. Font files, video/audio documents, photographs, software, etc..
Overall Simplicity and Modern Design
One thing that can’t be overlooked whenever You are selling something is how current your website looks. People do not trust websites which look outdated, myself included. If a site looks like it hasn’t been upgraded because the web 2.0 times, then I start to wonder if perhaps I’m in an abandoned building and placing my payment information to it’d pretty much be just like throwing my money into a black hole.
That’s not the case with Payhip though. The Site has a layout that is very modern and simple. This is exactly what you would anticipate a checkout page from a trusted business if you were to buy a merchandise on the world wide web. Selling Goods
Another thing I enjoy about Payhip is its Overall simplicity. In the very second a visitor lands on your product page, Payhip remains out of the way. They display your graphics, sales copy, and only the crucial information (such as price.) They do nothing to interfere with your sale — no self-promotion whatsoever.
Eventually, what I actually enjoy about Payhip is That they don’t store customer payment info, meaning your customers’ payment details are secure. The payment is managed through PayPal or Stripe, and I prefer it this way because they are big, successful companies with a lot of money to invest on top-shelf security.
What I Dislike About Payhip
As much as I like Payhip, it’s 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 app. It would be convenient to be able to start an app while I’m out and around and have a look. The site isn’t optimized for mobile devices, although you do so and may log in to the website.
I enjoy Payhip, but this is a very Lousy appearance in 2018. There is no reason you shouldn’t have a site optimized for mobile, and when you have that, you ought to be able to easily turn the site itself into it’s own program so users don’t have to manually register in every time they would like to check sales information. Let users of Payhip encounter a better platform when they’re on their devices.
No Upsells or Add-Ons In Checkout
On the checkout page, I’d like to see an capability that is added to indicate Other products similar to what the customer is going to buy. If they’re purchasing a package of templates for $5, then I propose, or might offer a bundle of business card templates to get a few extra bucks. This is something which websites like VistaPrint and Amazon do.
I can’t help but feel like there’s a lot of money being left on the Table — for both myself and Payhip — with no operation. This may improve the Payhip encounter for both the client and the vendor.
Establish On A Fixed Timezone
This one is frivolous, but I Like to see it corrected.
Since Payhip is located at London, they have BST was set to by the timezone for the entire website. Since I am found in the EST, I’ll occasionally check my stats at 7PM or afterwards and see that I made 0 sales for the day since Payhip believes it is midnight and its own information reveals that.
Again, this is a non-issue, however I Would like to see that the ability to adjust the website to your timezone. Selling Goods
More Flexibility with Coupon Codes
I know I raved about the coupon It’s not quite perfect, although code feature earlier.
As it stands, the advertising You’re able to run via a coupon code. Ideally, I’d like to be able to offer a dollar amount to set a sale price that is specified.
Right Now, if I Need to put a $27 merchandise On sale for $10, manually do the math to determine what percentage off would render the cost and I have to break out the calculator. I think that is unnecessary and could be made better.
When creating A new product in Payhip, you also have access to advanced options which include —
- Make your merchandise private.
- Insert an ISBN (Internation Standard Book Number) for your eBook.
- Publish a few sample or preview pages.
- Add a limit number sold.
- Generate a license key that is unique .
How much does it cost?
Payhip will Cost you nothing or even host your digital products. The site takes just 5 percent commission per trade fee.
Can 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 happy client, but whether or not you should use it depends on your own situation.
If you’re a new blogger with a small audience And you can’t justify spending $10+ a month for something like Gumroad, then yes, I would recommend Payhip. In case you know you’ll do at least $ 1,000 in sales every month and market a product that is high-ticket or have a huge audience, you might want to look into something.
As of the date of this writing, Payhip works On a set fee of 5 percent of every sale. Gumroad’s fee is currently 3.5% + $0.30 per transaction + $10 a month.
If you are going to be promoting less than $1,000 a month in total volume, the mathematics should (typically ) prefer Payhip. But if you’re selling into the thousands, you want to go with Gumroad or look into some choice. That is all dependent on how many transactions it takes to reach those sales numbers so make sure that you crunch the numbers on your own.
Personally, I love the Payhip Expertise and am very thankful for their solutions. I would like to see them continue to grow and succeed. Selling Goods