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Of All of the ways of monetizing Articles, my Strategy is To create and sell products. I have found that it is extraordinarily more profitable than running ads from networks like AdSense, and self explanatory products convert at a higher rate compared to an affiliate product that somebody else created. The support I use to ease this can be Payhip, and this post I will be sharing what I both like and dislike about the ceremony based in my Payhip expertise as a vendor for 2+ years. Sendowl WordPress
My Payhip Expertise
If you’ve ever wanted to market products Through your own site, you are going to want a means to facilitate transactions — some sort of infrastructure that will allow a customer to select your goods, 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 e-commerce platform/website that gives customers with options and the tools for hosting and promoting digital 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 differs, and I have used a few of these previously.
For me, having A platform that is really simple to use and one that does not require a huge amount of my time that is precious 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 comprise –
- EU VAT is cared for, and it can be a huge plus in my book.
- Affordable. The website takes zero charges asides From 5 percent per transaction when you sell a digital item.
- Access to analytics reports.
- Access to marketing tools. You have the option to create Coupons and societal discounts.
- Ability to signup, handle and reward your affiliates.
- Access to merchandise sharing tools. Plus it is possible to embed Purchase and your product Now buttons directly on blog or your site.
- The Capacity to setup mailing lists so that your customers can Subscribe and remain current with your products, and more.
- Immediate digital product delivery via email link for customers.
What I Like About Payhip
Let us get to the details. Following my 2 year Payhip experience, Here Is What I love about the ceremony…
Payments Are Instantaneous
Payhip let’s your customers pay with PayPal Or by credit/debit card with Stripe, and they do not pay out monthly/weekly/quarterly or force you to wait around for them to clear some kind of holding period. When a client makes a purchase, the cash is immediately available in your account, and if you have the PayPal and also Stripe programs installed on your mobile device, you’ll get notifications each time a sale occurs. Sendowl WordPress
I happen to appreciate this. The excitement of Seeing a sale that is new never gets older. It’s also great to wake up in the morning, reach for your phone, and see that you made X amount of dollars while you’re sleeping, and it’s all readily available for you to spend. The only caveat to this can be Stripe. If your customers card using Stripe, there’ll be a three day hold until the cash is available. That is Stripe however — Payhip does not hold your cash at all.
No Monthly Fees
One of those things that Payhip originally sold me on is that there is no Monthly fees or installation charges — only a simple flat charge of 5% per purchase .
This was attractive to me back in 2016 Since, at the time, my readership was 1/10th of what it’s now, and that I was not positive that I was going to always sell enough product to warrant paying a monthly fee to get a similar service like Gumroad. As a relatively new blogger with a small audience, Payhip was the no-risk solution that best fit my situation.
Easy To Understand Analytics
Payhip’s back end Provides an analytics page That lets you see transactions and earnings quantities relative to the day, month, week, year, or some other given range. On top of that, it is a straightforward and to-the-point report.
If you used Google Analytics or Facebook analytics, the number of information you are instantly smacked in the face can be somewhat overwhelming, and lots of it is largely useless too. Payhip just gives you what you’re there to view — sales data. Nothing more, nothing less.
Run Promotions with Coupon Codes
Another advantage users of Payhip encounter is By producing coupon codes, promotions to run.
The codes may be Enjoy and for any (or all) products. They can run for whatever length you’d like (or even permanently,) and the code itself can even be customized to whatever string of text you desire.
I have found this to be somewhat useful. Sometimes I will conduct a weekend promotion, place it on Facebook, then raise the post targeting a pixel audience and I don’t fail to go ROI positive by it. People really do respond to limited time offers. Sendowl WordPress
Your Own Affiliate Program
Payhip gives you the ability to let your Readers sign up as an affiliate of your store, and you can award, someone buys a product with their customized affiliate link.
This is useful since it allows people To market your products the commissions paid will be well worthwhile and should they have a platform and an audience of their own that they can tap to.
Easy Integration with Email Marketing
You will be if you are into email advertising Able to easily integrate Payhip with your email advertising provider so that a sale is made, the buyer’s email address could be added to a listing that is selected.
This is relatively small but I think it’s Pretty cool so I wish to give it a mention — if you 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 purchased.
So if someone intends to Purchase Your PDF Publication make it publicly accessible for free they’ll have to be fine with their private email address being publicly accessible. I think that is a really creative means of deterring pirating.
Upload Most Sorts of Files
Payhip is not Only a market for ebooks — It’s possible to upload virtually any kind of digital file. Font documents, video/audio documents, photos, software, etc..
Overall Simplicity and Modern Design
1 thing that can’t be overlooked whenever You’re selling something is your site looks. Individuals generally do not trust myself included. If a site looks like it has not been updated since the web 2.0 times, then I begin to wonder if maybe I’m in an abandoned construction and putting my payment information to it’d pretty much be just like throwing my money into a black hole.
That is not the case with Payhip though. The Website has a very modern and simple layout. If you were to purchase a product on the internet, this is exactly what you would expect a checkout page by a company. Sendowl WordPress
Another thing I like about Payhip is its own Overall simplicity. From the a visitor lands on your product page, Payhip remains out of the way. They display your images, sales copy, and just the critical information (like price.) They do nothing to interfere with your purchase — no self-promotion whatsoever.
Finally, what I really enjoy about Payhip is That they do not store customer payment info, meaning that your clients’ payment details are secure. The payment is managed through Stripe or PayPal, and I prefer it this way as they’re big, successful companies with a lot of money.
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 improved…
No Mobile App
One thing that bugs me around Payhip is that They don’t possess a mobile program. It’d be convenient to have the ability to open an app while I am out and about and have a look during my data. You do this and can log into the website, but the website is optimized for mobile devices.
I like Payhip, but this is a really Bad look in 2018. There is no reason you shouldn’t have a site optimized for cellular, and once you have that, you should be able to easily turn the website itself right into it’s own program so users do not need to manually register in each time they would like to inspect sales data. Permit users of Payhip experience a better platform when they are on their devices.
No Upsells or Add-Ons At Checkout
On the checkout page, I would like to see an ability that is added to suggest Other products similar to what the client is about to purchase. By way of instance, if they are purchasing a bundle of logo templates for $5, then I might offer a bundle of business card templates for a couple of extra dollars, or propose. This is something that websites like VistaPrint and Amazon do quite well.
I can not help but feel like there is a lot of money being left on the Table — for both myself and Payhip — without this operation. This may enhance the Payhip experience for both the customer 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 at London, they’ve The timezone for the site place to BST. Since I am located in the EST, I will occasionally check my stats at 7PM or later and see that I left 0 earnings for the day because Payhip thinks it’s midnight and its information reveals that.
Again, this is largely a non-issue, but I Would love to see that the ability to adjust the website to your timezone. Sendowl WordPress
More Flexibility with Coupon Codes
I know I raved about the voucher It’s not perfect yet, although Code attribute earlier.
As it now stands, the advertising You can run through a voucher code is for a percentage off. Ideally, I’d love to have the ability to offer a dollar amount from the cost, or the ability to set a sale price.
Right Now, if I Need to put a $27 product On sale for $10, I must break out the calculator and manually do the math to figure out what percentage off would render the cost. I think this is unnecessary and may be made better.
When creating A brand new product in Payhip, you also have access to innovative options including —
- Make your product personal.
- Add an ISBN (Internation Standard Book Number) to your eBook.
- Publish sample pages or a preview.
- To the number of copies of your product or market can be, Insert a limitation number sold.
- Create a license key that is unique .
Just how much does it cost?
Payhip will Cost you nothing to establish or even host your electronic products. The website takes only 5% commission per transaction fee.
Would I Recommend Payhip?
This leaves us with the burning question: after 2years as a vendor on Payhip, would you recommend it? Total, yes. I am a client, but whether you should use it depends upon your own situation.
If you’re a new blogger with a small audience And you can’t justify spending $10+ a month to get something like Gumroad, then yes, I would absolutely recommend Payhip. However, in case you know that you’ll do at least $ 1,000 in sales every month and market a merchandise that is high-ticket or have a huge audience, you might want to check into something most cost effective.
As of the date of the writing, Payhip functions On a flat fee of 5% of every sale. Gumroad’s fee is currently 3.5% + $0.30 per transaction + $10 per month.
If you’re going to be promoting $1,000 a month in total volume, the mathematics should (in most cases) prefer Payhip. But if you’re selling into the thousands, you are probably going to need to go with Gumroad or start looking into some choice. That is mostly dependent on the number of transactions it takes to achieve those sales numbers so be sure that you crunch the numbers on your own.
Personally, I love the Payhip Experience and am thankful for their services. I would like to see them continue to grow and succeed. Sendowl WordPress