Background Selling Products Online For Free
Of all the ways of monetizing blog Articles, my favorite Strategy is Like learning design templates and materials, to create and sell products. I have found that it is extraordinarily more profitable than running ads from networks such as AdSense, and self-made products convert at a higher speed compared to an affiliate product that somebody else created. The service I use to ease this can be Payhip, and in this article I’ll be sharing what I both like and dislike about the ceremony based in my Payhip expertise for a vendor for two + years. Selling Products Online For Free
My Payhip Expertise
If you’ve ever wanted to sell digital products Through your own website, you’ll need a means to facilitate transactions — some sort of infrastructure that will allow a client to select your product, cover it, and have it immediately 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 simplest tools for hosting and selling electronic products to their clients online.
The company Was co-founded by Abs Farah and Kahin Farah and is currently based in my capital city of London.
Which are the advantages of using Payhip?
Each online Platform is different, and I’ve used a few of them previously.
For me, having A stage that is simple to use and one that does not take a massive amount of my time is of paramount significance.
Payhip will Save you a great deal of time because everything is cared for on the Payhip platform.
The Benefits that I’ve gained the most from utilizing Payhip include –
- EU VAT is cared for, which can be a huge plus in my book.
- Affordable. The site takes zero charges asides From 5% per trade when you sell a digital item.
- Access to analytics reports.
- Access to advertising tools. You have the option to make Social and Coupons discounts.
- Capability to signup, manage and reward your affiliates.
- Access to product sharing tools. Plus it is possible to embed Your merchandise and purchase Now buttons directly on your website or blog.
- The ability to setup mailing lists so that your customers can Subscribe and stay up to date with your digital goods, and more.
- Instant digital product shipping via email link to buyers.
What I Enjoy About Payhip
Let’s get to the information. Following my 2 year Payhip expertise, Here Is What I love about the ceremony…
Payments Are Instantaneous
Payhip let’s your customers pay with PayPal Or by credit/debit card using Stripe, plus they don’t pay out monthly/weekly/quarterly or make you wait for them to clean some sort of holding period. When a customer makes a purchase, the money is immediately available on your accounts, and in case you have the PayPal and also Stripe programs installed on your mobile device, you are going to receive notifications whenever a sale occurs. Selling Products Online For Free
I happen to appreciate this. The excitement of Seeing a new sale never gets old. In addition, it is good to awake in the morning, reach to your phone, and see you made X number of dollars while you’re sleeping, and it’s all easily available for you to spend. The caveat to this can be Stripe. If your clients pays by card with Stripe, there will be a three day hold before the money is available. That is all Stripe though — Payhip does not hold your cash in any way.
No Monthly Charges
Among the things that Payhip initially sold me is that there is no Monthly fees or installation charges — just a simple flat charge of 5% per purchase .
This was appealing to me Since, at the time, my readership was 1/10th of what it is now, and that I wasn’t positive I was likely to always sell enough product to justify paying a monthly fee to get a similar service like Gumroad. As a relatively new blogger with a little audience, Payhip was the no-risk solution that best match my scenario.
Simple To Understand Analytics
Payhip’s back end offers an analytics page That enables you to see transactions and earnings quantities relative to this day, month, week, year, or any other specified range. On top of that, it is a report that is very simple and to-the-point.
If you’ve ever used Google Analytics or Facebook analytics, the number of data you’re instantly smacked in the face with can be a bit overwhelming, and a lot of it is mostly useless also. Payhip just gives you what you are there to see — sales information. Nothing more, nothing less.
Run Promotions with Coupon Codes
Another advantage users of Payhip experience is Promotions to conduct by creating coupon codes.
The codes can be Like and for any (or all) products. They could run for any duration you want (or even permanently,) and the code itself may even be customized to whatever string of text you would like.
I have found this to be helpful. Occasionally I will conduct a weekend promotion, post it on Facebook, then raise the article targeting a pixel audience that is re-marketing and I never fail to go ROI positive by it. People truly do respond well to limited time offers. Selling Products Online For Free
Your Own Affiliate Program
Payhip Provides you the capability to let your Readers register as an affiliate of your store, and you can grant them a commission of whatever percentage you would like someone buys a product with their customized affiliate link.
This is useful because it allows other people To sell your products the commissions paid will be well worthwhile and if they have a stage and an audience of their own that they can tap to.
Easy Integration with Email Marketing
You’ll be if you’re into advertising Able to easily incorporate Payhip with your email advertising provider that is preferred so that a purchase is made, the email address of the purchaser could be added to a list that is chosen.
That is relatively small but I think it’s Pretty cool so I wish to give it a reference — if you so desire, you can have Payhip postage the purchaser’s email address to the top left corner of every page of a PDF document they’ve bought.
So if someone intends to Purchase Your PDF Publication subsequently make it publicly accessible for free somewhere else, they will need to be fine with their personal email address being accessible. I think that’s a way of deterring pirating.
Upload Most Kinds of Files
Payhip isn’t Only a marketplace for ebooks — You can upload any sort of file. Font documents, video/audio documents, photographs, software, etc..
Total Simplicity and Modern Design
1 thing that can’t be overlooked whenever You are selling something is your site looks. Individuals don’t trust sites which appear obsolete, myself included. If a site looks like it hasn’t been updated because the web 2.0 days, I start to wonder if maybe I am in an abandoned construction and putting my payment info to it’d pretty much be just like throwing my money into a black hole.
That’s not true with Payhip though. The Site has a design that is very modern and easy. This is what you would expect a checkout page by a trustworthy business to look like In the event that you should purchase a product on the world wide web. Selling Products Online For Free
Another thing that I like about Payhip is its In general simplicity. In the very moment a visitor lands on your product page, Payhip stays out of the way. They display your images, sales copy, and only the crucial information (like price.) They do absolutely nothing to interfere with your sale — no self-promotion whatsoever.
Eventually, what I like about Payhip is That customer payment information isn’t stored by them, meaning your clients’ payment details are safe. The payment is totally managed through Stripe or PayPal, and I prefer it this way because they’re successful companies with a lot of money to spend 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 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’m out and around, and have a look during my sales data. The site isn’t even optimized for mobile devices, although you may log into the website and do so.
I enjoy Payhip, but that is a really Bad appearance in 2018. There is no reason you should not have a site optimized for cellular, and when you’ve got that, you ought to be able to easily turn the website itself into it’s own app so users do not need to manually register in each time they want to check sales information. Let users of Payhip encounter a platform when they’re on their cellular devices.
No Upsells or Add-Ons In Checkout
On the checkout page, I’d like to see an capability to indicate Other products similar to what the customer is going to buy. If they’re purchasing a package of templates for $5, I might offer a bundle of business card templates to get a few dollars, or propose. This is something that sites like Amazon and VistaPrint do well.
I can’t help but feel as though there is a lot of money Table — for both myself and Payhip — without this operation. This could improve the Payhip encounter for both the client and the vendor.
Set On A Fixed Timezone
This one is mostly frivolous, but I Prefer to see it fixed.
Considering that Payhip is located in London, they’ve The timezone for the site set to BST. Since I’m found in the EST, I will occasionally check my analytics at 7PM or afterwards and see that I left 0 earnings for the day since Payhip thinks it is midnight and its own information reveals that.
Again, this is a non-issue, but I Would like to see that the ability to correct the site to your timezone. Selling Products Online For Free
More Flexibility with Coupon Codes
I know I raved about the voucher Code feature but it’s not quite perfect just yet.
As it stands, the only promotion You can run via a coupon code. Ideally, I’d love to be able to supply a dollar amount off the price, or the capability to set a sale price that is specified.
Right Now, if I want to place a merchandise Available for $10, do the math to figure out what percent off will leave the cost at $10 and I must break out the calculator. I believe this is unnecessary and may be improved.
When creating A brand new product in Payhip, you have access to innovative options including —
- Make your product personal.
- Insert an ISBN (Internation Standard Book Number) to your eBook.
- Upload a sample or preview pages.
- Insert a limit amount to how many copies of eBook or your product could be sold.
- Generate a license key that is exceptional .
Just how much does it cost?
Payhip will Cost you to establish or even host your products. The site takes just 5% commission per trade fee.
Would I Recommend Payhip?
This leaves us with the burning question: after two years as a seller on Payhip, do you recommend it? Total, yes. I am very much a customer, but whether you should use it depends upon your situation.
If you’re a blogger with a small audience And you can’t justify spending $10+ per month for something like Gumroad, then yes, I would absolutely recommend Payhip. But in case you have a huge audience or sell a high-ticket product and know you’ll be doing at least $1,000 in sales each month, you may want to look into something most cost-efficient.
As of the date of this writing, Payhip functions On a set fee of 5 percent of every sale. Gumroad’s fee is now 3.5% + $0.30 per transaction + $10 a month.
If you are going to be promoting $1,000 a month in total quantity, the mathematics should (in most cases) favor Payhip. But if you are selling into the thousands, you want to decide on Gumroad or look into another choice. This is largely dependent on the number of transactions it requires to achieve those sales numbers so be sure to crunch the numbers.
Personally, I love the Payhip Expertise and am thankful for their services. I want to see them continue to grow and succeed. Selling Products Online For Free