Background Shopify Digital Downloads App
Of all the ways of monetizing Articles, my Strategy is To create and sell products such as learning materials and design templates. I’ve found that it’s extraordinarily rewarding than running ads and products convert at a significantly higher rate than an affiliate product that somebody else created. The service I use to ease this is Payhip, and in this post I will be discussing what I like and dislike about the ceremony based in my Payhip experience for a seller for two + years. Shopify Digital Downloads App
My Payhip Experience
If you wanted to market products Through your own site, you are going to need a way to facilitate trades — some sort of infrastructure that will allow a customer to select your goods, pay for it, and also have it instantaneously delivered to them with complete hands-off automation. Payhip solves this problem.
Payhip is An that provides users with the simplest tools and solutions for hosting and selling products straight to their clients 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 benefits of utilizing Payhip?
Each online Platform differs, and I’ve used a couple of these in the past.
Having A stage that is simple to use and one that does not require a massive amount of my precious time is of utmost importance.
Payhip will Save a lot of time because everything is cared for on the Payhip platform.
The Advantages that I’ve gained the most from utilizing Payhip include –
- EU VAT is taken care of, and it is a big plus in my book.
- Affordable. The website takes zero fees asides From 5% per transaction when you sell a item.
- Access to analytics reports.
- Access to advertising tools. You have the option to create Coupons and societal discounts.
- Capability to signup, handle and reward your affiliates.
- Access to merchandise sharing programs . Plus it is possible to embed Buy and your merchandise Now buttons right on your website or blog.
- The ability to set mailing lists so that your clients can Subscribe and stay current with your electronic products, and much more.
- Immediate digital product delivery via email link to buyers.
What I Like About Payhip
Let’s get to the details. After my two + year Payhip experience, here’s what I really like about the ceremony…
Payments Are Instantaneous
Payhip let us your customers pay with PayPal Or from credit/debit card with Stripe, plus they don’t cover monthly/weekly/quarterly or make you wait around for them to clean some sort of holding period. When a client makes a purchase, the cash is immediately available on your accounts, and if you’ve got the PayPal and Stripe programs installed on your mobile device, you are going to get notifications whenever a sale occurs. Shopify Digital Downloads App
I happen to appreciate this. The excitement of Seeing a sale never gets old. In addition, it is good to wake up in the morning, reach for your phone, and see that you made X amount of dollars while you were sleeping, and it’s all readily available for you to spend. The only caveat to this is Stripe. If your customers card with Stripe, there will be a 3 day hold until the money is available. This is all Stripe however — Payhip doesn’t hold your cash at all.
No Monthly Charges
One of those things that Payhip initially sold me is that there’s no Monthly fees or setup charges — just a simple flat charge of 5% per sale.
This was attractive to me Since, at the moment, my readership was less than 1/10th of what it is now, and I wasn’t 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 with a little audience, Payhip was the quickest solution that best match my scenario.
Easy To Understand Analytics
Payhip’s back end offers an analytics page That lets you view transactions and earnings quantities relative to the day, week, month, year, or some other specified selection. On top of that, it is a report.
If you used Google Analytics or Facebook analytics, the amount of information you’re immediately smacked in the face can be a bit overwhelming, and lots of it is largely useless also. Payhip just provides you what you’re there to view — sales information. Nothing more, nothing less.
Run Promotions with Coupon Codes
Another advantage users of Payhip experience is The ability to run promotions by producing coupon codes.
The codes may be for any percentage you would Like and for any (or all) products. They can run for whatever duration you want (or even permanently,) along with the code itself may even be customized to whatever series of text you desire.
I’ve found this to be helpful. Sometimes I’ll run a weekend promotion, place it on Facebook raise the article targeting a pixel audience that is re-marketing and I don’t fail to go ROI positive with it. People do respond to limited time offers. Shopify Digital Downloads App
Your Own Affiliate Program
Payhip Provides you the capability Readers register as an affiliate of your shop, and whenever someone purchases a product you are able to grant.
This is useful since it allows people To sell your products for you, the commissions paid will be well worthwhile and should they have a stage and an audience of their own that they can tap into.
Easy Integration with Email Marketing
You will be, if you’re into email marketing Able to readily integrate Payhip with your preferred email advertising provider so that whenever a purchase is made, the purchaser’s email address could be added to a selected list.
This is relatively small but I think it’s Pretty cool so I wish to give it a reference — if you desire, you can have Payhip postage the purchaser’s email address into the upper left corner of every page of a PDF document they’ve bought.
So if someone plans to Purchase Your PDF Book make it publicly available for free somewhere else, they’ll need to be fine with their private email address being publicly available. I think that’s a means of deterring pirating.
Upload Many Kinds of Files
Payhip is a market for ebooks — It’s possible to upload just about any kind of file. Font files, video/audio documents, photos, software, etc..
Total Simplicity and Modern Design
1 thing that can’t be overlooked whenever You are selling something is your website appears. People do not trust sites which appear obsolete, myself included. If a website looks like it has not been updated since the web 2.0 days, I begin to wonder if maybe I am in an abandoned construction and putting my payment information to it’d pretty much be like throwing my money into a black hole.
That’s not true with Payhip though. The Website has a design that is very modern and easy. This is exactly what you would anticipate a checkout page from a trustworthy business to look like In the event that you should purchase a product on the internet. Shopify Digital Downloads App
Another thing I enjoy about Payhip is its own Overall simplicity. In the a visitor lands on your product page, Payhip stays out of the way. They display your graphics, sales copy, and just the crucial information (like price.) They do nothing to interfere with your purchase — no self-promotion whatsoever.
Eventually, what I enjoy about Payhip is That customer payment info isn’t stored by them, meaning that your customers’ payment details are secure. The payment is totally handled through Stripe or PayPal, and I prefer it that way because they are successful companies with lots 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 enhanced…
No Mobile App
One thing that bugs me about Payhip is that They do not have a mobile program. It’d be convenient to have the ability to start an app while I am out and about and have a look through my data. The website is optimized for mobile devices, although you do so and may log in to the site.
I enjoy Payhip, but that is a very Bad look in 2018. There is no reason you shouldn’t have a website optimized for cellular, and when you’ve got that, you should be able to easily turn the website itself right into it’s own program so users do not have to manually register in each time they would like to check sales data. Permit users of Payhip experience a platform when they’re on their devices.
No Upsells or Add-Ons In Checkout
On the checkout page, I would like to see an capability that is Extra to indicate Other products. If they are buying a package of logo templates for $5, I might offer a package of business card templates for a few dollars, or suggest some other product that may interest them that they didn’t know about. This is something which websites like Amazon and VistaPrint do.
I can not help but feel as though there’s a Great Deal of money Table — for both myself and Payhip — with no functionality. This may enhance the Payhip experience for both the client and the vendor.
Establish On A Fixed Timezone
This one is frivolous, but I’d still Prefer to see it corrected.
Since Payhip is located in London, they’ve BST was place to by the working timezone for the site. Since I am found in the EST, I will sometimes check my stats at 7PM or later and see that I made 0 earnings for the day because Payhip believes it is midnight and its own data reveals that.
This is mostly a non-issue, however I Would like to observe the ability to correct the site to your own timezone. Shopify Digital Downloads App
More Flexibility with Coupon Codes
I know I raved about the voucher It’s not quite perfect, although code feature earlier.
As it stands, the promotion You can run via a voucher code is for a percentage off. Ideally, I’d love to be able to supply a dollar amount to set a sale price.
Right Now, if I Need to put a product that is $27 Available for $10, I have to break out the calculator and do the math to determine what percentage off would leave the cost at $10. I think this is unnecessary and may be improved.
When creating A brand new product in Payhip, you have access to advanced options including —
- Make your merchandise personal.
- Add an ISBN (Internation Standard Book Number) for your eBook.
- Upload a sample or preview pages.
- To the number of copies of your product or eBook could be Insert a limit number sold.
- Generate a license key that is unique for all your product/eBook sales.
Just how much does it cost?
Payhip will Cost you or even host your products. The website takes just 5 percent commission per trade fee.
Would I Recommend Payhip?
This leaves us with the burning question: after 2years as a seller on Payhip, do you recommend it? Overall, yes. I am very much a client, but whether or not you ought to 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 such as Gumroad, then yes, I would recommend Payhip. If you know you’ll do at least $ 1,000 in sales each month and sell a high-ticket merchandise or have a massive audience, you might want to look into something.
As of this date of the writing, Payhip functions On a flat fee of 5 percent of each sale. Gumroad’s fee is now 3.5% + $0.30 per transaction + $10 a month.
If you’re going to be promoting less than $1,000 per month in total quantity, the math should (in most cases) favor Payhip. But if you are selling into the thousands, you want to decide on Gumroad or start looking into some alternative. That is largely dependent on how many transactions it takes to reach those sales numbers so make sure to crunch the numbers for yourself.
Personally, I absolutely love the Payhip Expertise and am grateful for their services. I want to see them continue to grow and succeed. Shopify Digital Downloads App