Introduction Top Selling Digital Downloads
Of all the ways of monetizing blog content, my favorite method is Such as studying layout templates and materials to make and sell digital products. I have discovered that it’s extraordinarily profitable than running ads from networks like AdSense, and self explanatory products convert at a greater rate than an affiliate product that someone else created. The support I use to facilitate this can be Payhip, and this post I will be discussing what I both like and dislike about the ceremony based in my Payhip experience for a vendor for two + years. Top Selling Digital Downloads
My Payhip Experience
If you have ever wanted to sell products Through your own website, you are going to need a means to facilitate trades — some sort of infrastructure that will allow a customer to select your product, pay for it, and have it immediately delivered to them with complete hands-off automation. Payhip solves this issue.
What is Payhip?
Payhip is An that gives customers with the tools and options for hosting and promoting electronic products to their clients online.
The Provider Was co-founded by Abs Farah and Kahin Farah and is currently based in my capital city of London.
Which are the benefits of utilizing Payhip?
Each online Platform differs, and I’ve used a few of these previously.
Having A stage that is really easy to use and one that doesn’t require a massive 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 using 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 reports.
- Access to advertising tools. You have the option to create Societal and coupons discounts.
- Ability to signup, handle and reward your own affiliates.
- Access to product sharing tools. Plus it is possible to embed Purchase and your product Now buttons right on blog or your own site.
- The ability to set mailing lists so that your customers can Subscribe and remain up to date with your goods, and much more.
- Immediate digital product delivery via email link for customers.
What I Like About Payhip
Let’s get to the details. After my two + year Payhip expertise, here’s what I really like about the ceremony…
Upgrades Are Instantaneous
Payhip let us your customers pay with PayPal Or by credit/debit card using Stripe, plus they do not cover monthly/weekly/quarterly or make you wait for them to clear some sort of holding period. When a customer makes a purchase, the cash is instantly available on your account, and if you’ve got the PayPal and also Stripe apps installed on your mobile device, you are going to receive notifications whenever a sale happens. Top Selling Digital Downloads
I happen to love this. The excitement of Seeing a new sale never gets old. It’s also great to wake up in the morning, reach for your telephone, and also see you made X number 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 using Stripe, there’ll be a three day hold until the money is available. That is Stripe however — Payhip doesn’t hold your money in any way.
No Monthly Fees
Among the things that Payhip originally sold me on is that there’s no Monthly charges or setup charges — only a simple flat charge of 5 percent per purchase .
This was appealing to me in 2016 Since, at the moment, my readership was 1/10th of what it is now, and I was not positive that I was likely to always sell enough product to warrant paying a monthly fee for a similar service like Gumroad. As a relatively new blogger with a little crowd, Payhip was the quickest solution that best fit my scenario.
Easy To Know Analytics
Payhip’s back end Provides an analytics page That lets you see trades and earnings quantities relative to the day, month, week, year, or any other specified selection. On top of that, it is a report.
If you used Google Analytics or Facebook analytics, the number of data you are instantly smacked in the face with can be a bit overwhelming, and a lot of it’s largely useless too. Payhip just gives you exactly what you are there to see — revenue information. Nothing more, nothing less.
Run Promotions with Coupon Codes
Another benefit users of Payhip encounter is By creating coupon codes promotions to run.
The codes can be for almost any percentage you’d Enjoy and for any (or all) products. They could run for whatever duration you want (or even permanently,) along with the code itself may even be customized to whatever series of text you would like.
I’ve found this to be useful. Occasionally I’ll conduct a weekend promotion, place it on Facebook, then boost the article targeting a pixel re-marketing audience and I never fail to go ROI positive by it. People really do respond to limited time offers. Top Selling Digital Downloads
Your Own Affiliate Program
Payhip Provides you the ability Readers sign up as an affiliate of your shop, and you can grant if someone buys a product using their custom affiliate link.
This is useful because it allows other Men and Women To market your products for you, and if they have a stage and an audience of their own they can tap into, the commissions paid will be worthwhile.
Easy Integration with Email Marketing
You will be if you are into advertising Able to incorporate Payhip with your email marketing supplier that is preferred so that a purchase is made, the purchaser’s email address can be added to a list.
That is minor but I think it’s Pretty cool so I want to give it a reference — if you so desire, you’ll have Payhip stamp the buyer’s email address to the upper left corner of every page of a PDF document they’ve bought.
So if someone intends to Purchase Your PDF Book make it publicly accessible for free somewhere else, they’ll have to be okay with their email address being accessible also. I believe that’s a means of deterring pirating.
Upload Most Sorts of Files
Payhip is a marketplace for ebooks — You can upload just about any sort of file. Font files, video/audio documents, photographs, software, etc..
Total Simplicity and Modern Design
One thing that can not be overlooked whenever You are selling something is your site looks. People generally don’t trust websites which look obsolete, myself included. If a website looks like it hasn’t been upgraded since the net 2.0 days, I begin to wonder if perhaps I’m in an abandoned construction and placing my payment information into it’d pretty much be just like throwing my money into a black hole.
That is not true with Payhip though. The Site has a layout that is easy and very modern. In the event that you should buy a digital merchandise this is what you would expect a checkout page from a trusted business to look like. Top Selling Digital Downloads
Another thing I enjoy about Payhip is its In general simplicity. In the very moment a visitor lands on your product page, Payhip remains out of the way. They display your graphics, sales copy, and just the crucial info (such as price.) They do absolutely nothing to interfere with your purchase — no.
Eventually, what I like about Payhip is That they don’t store customer payment information, meaning that your customers’ payment details are safe. The payment is completely managed through PayPal or Stripe, and I prefer it that way as they’re big, successful companies with lots of cash to invest on security.
What I Dislike About Payhip
As much as I like Payhip, it’s far from perfect. Here are some things that I dislike about the service and would like to see enhanced…
No Mobile App
One thing that bugs me about Payhip is that They do not possess a program. It’d be convenient to be able to open an app while I am out and about and have a look. You do so and can log into the website, but the website isn’t optimized for mobile devices.
I like Payhip, but that is a very Bad look in 2018. There’s no reason you shouldn’t have a website optimized for cellular, and when you have that, you should be able to easily turn the website itself right into it’s own program so users don’t have to manually sign in every time they want to inspect sales information. 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 to indicate Other products. For example, if they’re purchasing a bundle of logo templates for $5, then I suggest, or could provide a bundle of business card templates to get a few bucks. This is something that websites like VistaPrint and Amazon do.
I can’t help but feel like there is a Great Deal of money being left on the Table — for myself and Payhip — without this functionality. This may enhance the Payhip encounter for both the vendor and the client.
Establish On A Fixed Timezone
This one is frivolous, but I Prefer to see it fixed.
Since Payhip is located in London, they have The functioning timezone for the entire site place to BST. Since I am located in the EST, I will occasionally check my stats at 7PM or afterwards and see that I made 0 earnings for the day because Payhip thinks it’s midnight and its own information reflects that.
Again, this is a non-issue, but I Would love to see the ability to correct the website to your own timezone. Top Selling Digital Downloads
More Flexibility with Coupon Codes
I know I raved about the voucher Code feature but it is not perfect.
As it now stands, the advertising You’re able to run via a voucher code is for a percentage off. Ideally, I’d like to have the ability to offer a dollar amount from the cost, or the capability to set a predetermined sale price.
At the moment, if I Need to place a $27 merchandise On sale for $10, manually do the math to determine what percentage off will render the cost at $10 and I must break out the calculator. I believe that is unnecessary and could be improved.
When creating A new product in Payhip, you have access to advanced options including —
- Make your product private.
- Insert an ISBN (Internation Standard Book Number) to your eBook.
- Upload sample pages or a preview.
- Insert a limitation number sold.
- Generate a license key that is exceptional for all your product/eBook revenue.
Just how much does this cost?
Payhip will Cost you nothing to establish or host your electronic products. The website takes only 5% commission per trade fee.
Can I Recommend Payhip?
This leaves us with the burning question: after 2years as a vendor on Payhip, do you recommend it? Total, yes. I am a client, but whether you ought to use it depends upon your own situation.
If you are a blogger with a small audience And you can not justify spending $10+ per month to get something like Gumroad, then yes, I would recommend Payhip. But in case you have a massive audience or market a product and know you’ll do at least $1,000 in sales each month, you might want to look into something.
As of this date of this writing, Payhip works On a flat fee of 5 percent of every sale. Gumroad’s fee is currently 3.5% + $0.30 per transaction + $10 a month.
If you’re going to be promoting less than $1,000 per month in total volume, the mathematics should (in most cases) favor Payhip. But if you are selling into the thousands, you are probably going to need to go with Gumroad or start looking into some other choice. This is all largely dependent on the number of transactions it takes to reach those sales numbers so be certain that you crunch the numbers on your own.
Personally, I absolutely love the Payhip Experience and am thankful for their services. I want to see them continue to grow and succeed. Top Selling Digital Downloads