Introduction Services You Can Sell Online
Of all the ways of monetizing Articles that is blog, my favorite method is To make and sell products like studying design templates and materials. I have found that it’s extraordinarily more profitable than running advertisements and products convert at a significantly greater speed than an affiliate product that someone else created. The support I use to ease this can be Payhip, and this article I’ll be sharing what I both like and dislike about the service based on my Payhip experience for a vendor for two + years. Services You Can Sell Online
My Payhip Expertise
If you have ever wanted to market digital products Through your own site, you’ll need a means to facilitate trades — some sort of infrastructure which will enable a client to select your goods, cover it, and have it instantaneously delivered to them with whole hands-off automation. Payhip solves this issue.
Payhip is An e-commerce platform/website that gives users with options and the simplest tools for promoting products directly to their customers and hosting online.
The company Was co-founded by Abs Farah and Kahin Farah and is now based in my capital city of London.
Which are the benefits of utilizing Payhip?
Each online Platform differs, and I have used a few of these previously.
Having A platform that is simple to use and one that does not require a huge amount of my time is of utmost importance.
Payhip will Save you a lot of time also because everything is cared for on the Payhip platform.
The Advantages that I’ve gained the most from utilizing Payhip comprise –
- EU VAT is taken care of, which can be a huge plus in my book.
- Affordable. The website takes zero fees asides From 5% per trade when you sell a item that is digital.
- Accessibility to analytics accounts.
- Access to marketing tools. You have the option to make Coupons and social discounts.
- Ability to signup, handle and reward your own affiliates.
- Access to product sharing programs . Plus you can embed Buy and your merchandise Now buttons directly on your own site or blog.
- The ability to setup mailing lists so that your customers can Subscribe and remain current with your electronic goods, and more.
- Instant digital merchandise shipping via email link for customers.
What I Enjoy About Payhip
Let us get to the details. Following my 2 year Payhip experience, here’s what I really like about the service…
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 make you wait for them to clean some kind of holding period. When a client makes a purchase, the money is instantly available on your accounts, and in case you’ve got the PayPal and Stripe apps installed on your mobile device, you are going to receive notifications whenever a sale occurs. Services You Can Sell Online
I happen to appreciate this. The excitement of Seeing a brand new sale never gets older. It’s also great to wake up in the morning, reach to your telephone, and see you made X number of dollars while you were sleeping, and it’s all easily available for you to spend. The only caveat to this is Stripe. If your customers card using Stripe, there will be a three day hold until the money is available. This is all Stripe however — Payhip doesn’t hold your cash in any way.
No Monthly Fees
One of the things that Payhip originally sold me on is that there is no Monthly fees or installation charges — just a simple flat fee of 5% per sale.
This was appealing to me in 2016 Since, at the time, my readership was 1/10th of what it’s now, and I wasn’t positive that I was likely 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 audience, Payhip was the quickest solution that best fit my scenario.
Easy To Know Analytics
Payhip’s back end offers an page That lets you view trades and earnings quantities relative to this day, week, month, year, or any other given selection. Best of all, it’s a report.
If you 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’s mostly useless too. Payhip just gives you what you are there to view — revenue information. Nothing more, nothing less.
Run Promotions with Coupon Codes
Another advantage users of Payhip experience is By producing coupon codes, promotions to conduct.
The codes can be for almost any percentage you’d Enjoy and for any (or all) products. They can run for any length you want (or even indefinitely,) along with the code itself may even be customized to whatever series of text you desire.
I have found this to be useful. Occasionally I will run a weekend promotion, post it on Facebook, then boost the post targeting a pixel audience that is re-marketing and I never fail to go ROI positive by it. People really do respond well to limited time offers. Services You Can Sell Online
Your Own Affiliate Program
Payhip gives you the ability Readers register as an affiliate of your shop, and you can award whenever someone purchases a product using their custom affiliate link.
This is useful since it allows people To sell your products the commissions paid will be worth it and should they have a platform and an audience of their own they can tap into.
Easy Integration with Email Marketing
If you are into marketing, you will be Able to incorporate Payhip along with your email advertising supplier so that whenever a purchase is made, the email address of the purchaser can be added to a chosen list.
That is relatively small but I think it’s Pretty cool so I want to give it a mention — if you desire, you’ll have Payhip postage the buyer’s email address to the top left corner of each page of a PDF document they’ve purchased.
So if someone plans to buy your PDF Publication make it publicly available for free somewhere else, they will have to be fine with their email address being publicly accessible as well. I think that’s a very creative way of deterring pirating.
Upload Most Kinds of Files
Payhip is a market for ebooks — You can upload any sort of electronic file. Font files, video/audio documents, photographs, software, etc..
Overall Simplicity and Modern Design
1 thing that can not be overlooked whenever You are selling something is how present your site looks. People generally do not trust myself included. If a site looks like it hasn’t been upgraded since the net 2.0 times, then I start to wonder if maybe I’m in an abandoned building and putting my payment information into it would pretty much be like throwing my money into a black hole.
That is not the case with Payhip though. The Site has a design. If you were to buy a digital product on the world wide web, this is exactly what you would anticipate a checkout page by a company to appear like. Services You Can Sell Online
Another thing that I enjoy about Payhip is its own Overall simplicity. In 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 (like price.) They do nothing to interfere with your purchase — no self-promotion whatsoever.
Finally, what I enjoy about Payhip is That they don’t store customer payment info, meaning that your customers’ payment details are secure. The payment is completely managed through Stripe or PayPal, and I prefer it this way as they’re large, successful companies with a lot of money to spend on top-shelf security.
What I Dislike About Payhip
As much as I enjoy 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 don’t possess a mobile app. It’d be convenient to have the ability to open an app and take a look while I am out and around. The site is optimized for mobile devices, although you may log in to the website and do this.
I enjoy Payhip, but that is a really Lousy appearance in 2018. There is no reason you shouldn’t have a site optimized for cellular, and once you’ve got that, you ought to be able to easily turn the site itself into it’s own program so users don’t have to manually sign in every time they would like to check sales information. Users of Payhip encounter a much 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 added to suggest Other products. If they are purchasing a bundle of logo templates for $5, then I could provide a package of business card templates for a couple of dollars, or propose. This is something which websites like Amazon and VistaPrint do quite well.
I can’t help but feel like there’s a Great Deal of money Table — for myself and Payhip — without this functionality. This could enhance the Payhip encounter for both the vendor and the client.
Establish On A Fixed Timezone
This one is mostly frivolous, but I’d still Prefer to see it fixed.
Since Payhip is located in London, they have BST was set to by the working timezone for the entire site. Since I am located in the EST, I’ll occasionally check my stats at 7PM or afterwards and see that I left 0 earnings for the day because Payhip thinks it’s midnight and its own data reflects that.
This is mostly a non-issue, however I Would love to observe that the ability to correct the website. Services You Can Sell Online
More Flexibility with Coupon Codes
I know I raved about the voucher Code feature but it’s not perfect just yet.
As it now stands, the sole promotion You’re able to run through a coupon code. Ideally, I’d like to have the ability to supply a dollar amount to set a sale price that is specified.
At the moment, if I Need to put a $27 merchandise On sale for $10, I have to break out the calculator and do the math to figure out what percentage off would leave the last price at $10. I think that is unnecessary and could be improved.
When creating A brand new product in Payhip, you also have access to advanced alternatives including —
- Make your product private.
- Add an ISBN (Internation Standard Book Number) for your eBook.
- Publish sample pages or a couple of preview.
- Insert a limitation amount to the number of copies of eBook or your product can be sold.
- Create a license key that is unique .
Just how much does it cost?
Payhip will Cost you to establish or even host your products. The site takes just 5 percent commission per trade fee.
Can I Recommend Payhip?
This leaves us with the burning question: after 2years as a seller on Payhip, would you recommend it? Total, yes. I am a customer, but whether or not you ought to use it depends upon your situation.
If you are 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 recommend Payhip. If you know you’ll be doing 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.
As of the date of the writing, Payhip functions On a set fee of 5 percent of each sale. Gumroad’s fee is now 3.5% + $0.30 per transaction + $10 per month.
If you are going to be selling $1,000 a month in total volume, the mathematics should (typically ) favor Payhip. But if you’re selling well into the thousands, you are probably going to want to decide on Gumroad or start looking into another choice. This is dependent on how many transactions it takes to achieve those sales numbers so make certain that you crunch the numbers for yourself.
Personally, I absolutely love the Payhip Experience and am very grateful for their solutions. I want to see them continue to grow and succeed. Services You Can Sell Online