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Of all the ways of monetizing Articles that is blog, my method is Such as learning design templates and materials, to create and sell products. I have found that it’s extraordinarily more profitable than running advertisements and self explanatory products convert at a greater rate compared to an affiliate product that someone else created. The support I use to facilitate this can be Payhip, and in this article I’ll be discussing what I like and dislike about the ceremony based in my Payhip experience for a vendor for two + years. WordPress Edd
My Payhip Expertise
If you’ve ever wanted to market products Through your own site, you’ll need a means to facilitate transactions — some kind of infrastructure which will enable a client to select your goods, pay for it, and also have it instantaneously delivered to them with whole hands-off automation. Payhip solves this problem.
What is Payhip?
Payhip is An e-commerce platform/website that provides 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 now based in my capital city of London.
What are the advantages of using Payhip?
Each online Platform differs, and I have used a couple of these in the past.
Having A platform that is easy to use and one that doesn’t take a huge amount of my time that is valuable is of utmost significance.
Payhip will Save a great deal of time also because everything is cared for on the Payhip platform.
The Benefits 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 charges asides From 5 percent per trade when you sell a item.
- Access to analytics accounts.
- Access to marketing tools. You have the option to create Social and coupons discounts.
- Ability to signup, manage and reward your affiliates.
- Access to product sharing programs . Plus it is possible to embed Buy and your merchandise Now buttons directly on your site or blog.
- The Capacity to setup mailing lists so that your clients can Subscribe and stay current with your products, and more.
- Instant digital product delivery via email link for customers.
What I Enjoy About Payhip
Let’s get to the details. Following my two 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 with Stripe, plus they do not cover monthly/weekly/quarterly or force you to wait around for them to clear some sort of holding period. When a customer makes a purchase, the money is immediately available on your account, and in case you have the PayPal and also Stripe apps installed on your mobile device, you’ll receive notifications whenever a sale happens. WordPress Edd
I happen to love this. The excitement of Seeing a sale that is new never gets old. In addition, it is great to awake in the morning, reach to your telephone, and also see you made X amount of dollars while you were sleeping, and it is all easily available for you to spend. The only caveat to this can be Stripe. If your customers pays by card with Stripe, there will be a 3 day hold until the money is available. This is Stripe however — Payhip doesn’t hold your money at all.
No Monthly Charges
One of the things that Payhip originally sold me on is that there is no Monthly charges or installation charges — only a simple flat fee of 5 percent per purchase .
This was appealing to me Because, at the time, my readership was 1/10th of what it is 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 such as Gumroad. As a relatively new blogger having a small crowd, Payhip was the quickest solution that best match my situation.
Simple To Know Analytics
Payhip’s back end Provides an analytics page That enables you to see transactions and earnings amounts relative to the day, month, week, year, or any other specified selection. On top of that, it’s a straightforward and to-the-point report.
If you used Google Analytics or Facebook analytics, the amount of data you are 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 see — revenue data. Nothing more, nothing less.
Run Promotions with Coupon Codes
Another benefit users of Payhip encounter is Promotions to conduct by creating coupon codes.
The codes may be for almost any percentage you’d Like and for any (or all) products. They could run for whatever length you want (or even indefinitely,) along with the code itself can even be customized to whatever series of text you would like.
I’ve found this to be somewhat useful. Occasionally I’ll run a weekend marketing, place it on Facebook boost the post targeting a pixel audience that is re-marketing and I never fail to go ROI positive with it. People do respond well to limited time offers. WordPress Edd
Your Own Affiliate Program
Payhip gives you the ability Readers register as an affiliate of your shop, and you can grant someone buys a product with their customized affiliate link.
This is useful since it allows other people To market your products for you, the commissions paid will be worthwhile and should they have an audience of their own and a stage they can tap into.
Easy Integration with Email Marketing
If you are into advertising, you will be Able to readily integrate Payhip with your email advertising provider so that whenever a purchase is made, the email address of the purchaser could be added into a list that is selected.
This 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 stamp the purchaser’s email address into the top left corner of each page of a PDF document they have purchased.
So if someone intends to buy your PDF Book subsequently make it available for free somewhere else, they will need to be fine with their personal email address being accessible as well. I believe that is a creative way of deterring pirating.
Upload Many Sorts of Files
Payhip is a marketplace for ebooks — You can upload any kind of file. Font documents, video/audio documents, photographs, software, etc..
Overall Simplicity and Modern Design
One thing that can’t be overlooked whenever You’re selling something is the way present your site looks. Individuals generally don’t trust websites that appear outdated, myself included. If a website looks like it has not been updated because the web 2.0 times, then I start to wonder if maybe I am in an abandoned building and placing my payment info into it would pretty much be just like throwing my money into a black hole.
That is not true with Payhip though. The Website has a layout that is easy and very contemporary. This is exactly what you’d expect a checkout page from a business to look like, if you were to buy a merchandise on the internet. WordPress Edd
Another thing I like about Payhip is its Overall simplicity. In the very moment a visitor lands on your product page, Payhip stays out of the way. They display your graphics, sales copy, and just the critical info (like price.) They do nothing to interfere with your sale — 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 safe. The payment is totally handled through PayPal or Stripe, and I prefer it this way as they are big companies with lots of money.
What I Dislike About Payhip
As much as I like Payhip, it is far from perfect. Here are some things 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 possess a mobile program. It’d be convenient to have the ability to open an app while I am out and about and take a look. The website is optimized for mobile devices, although you do so and can log in to the website.
I enjoy Payhip, but that is a really Lousy appearance in 2018. There’s no reason you should not have a site optimized for mobile, and once you’ve got that, you should be able to easily turn the website itself into it’s own app so users don’t need to manually sign in every time they want to check sales data. Let users of Payhip experience a platform when they are on their devices.
No Upsells or Add-Ons At Checkout
On the checkout page, I would really like to see an ability to suggest Other products similar to what the client is about to buy. By way of instance, if they’re purchasing a bundle of logo templates for $5, I could offer a package of business card templates or propose some other similar product which may interest them that they didn’t know about. This is something which sites like Amazon and VistaPrint do very well.
I can’t help but feel as though there’s a lot of money Table — for both myself and Payhip — with no operation. This could enhance the Payhip experience for both the seller and the customer.
Set On A Fixed Timezone
This one is frivolous, but I’d still Prefer to see it fixed.
Since Payhip is located at London, they’ve BST was set to by the timezone for the entire website. Since I am found in the EST, I’ll sometimes check my analytics at 7PM or afterwards and see that I left 0 sales for the day since Payhip thinks it is midnight and its data reveals that.
Again, this is largely a non-issue, but I Would love to observe that the capability to adjust the website to your timezone. WordPress Edd
More Flexibility with Coupon Codes
I know I raved about the voucher Code feature but it is not perfect.
As it currently stands, the only promotion You’re able to run through a voucher code. Ideally, I’d love to have the ability to supply a dollar amount to set a predetermined sale price.
At the moment, if I want to put a product that is $27 On sale for $10, do the math to determine what percentage off will leave the cost at $10 and I have to break out the calculator. I believe this is unnecessary and could be improved.
When creating A new product in Payhip, you have access to innovative options which include —
- Make your product private.
- Add an ISBN (Internation Standard Book Number) to your eBook.
- Upload a couple of sample or preview pages.
- To how many copies of your product or eBook could be Insert a limit number sold.
- Create a license key that is unique .
Just how much does this cost?
Payhip will Cost you nothing or host your products. The website takes just 5% commission per transaction fee.
Can I Recommend Payhip?
This leaves us with the burning question: after two + years as a vendor on Payhip, do you recommend it? Overall, yes. I am very much a client, but whether 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. But if you know that you’ll do at least $ 1,000 in sales each month and sell a high-ticket merchandise or have a massive audience, you may want to check into something most cost effective.
As of the date of the writing, Payhip functions On a set fee of 5 percent of each sale. Gumroad’s fee is currently 3.5% + $0.30 per transaction + $10 a month.
If you’re going to be promoting $1,000 a month in total volume, the math should (typically ) favor Payhip. But if you’re selling into the thousands, you want to go with Gumroad or look into some choice. That is mostly dependent on the number of transactions it takes to reach those sales numbers so make sure to crunch the numbers on your own.
Personally, I absolutely love the Payhip Experience and am really grateful for their services. I want to see them continue to grow and succeed. WordPress Edd