Introduction Udemy Philakone Payhip
Of all the ways of monetizing content that is blog, my favorite Strategy is Like studying materials and layout templates, to create and sell products. I have discovered that it’s extraordinarily rewarding than running advertisements and products convert at a much greater speed than an affiliate product that someone else created. The service I use to ease this is Payhip, and this article I will be sharing what I like and dislike about the ceremony based on my Payhip expertise as a seller for 2+ years. Udemy Philakone Payhip
My Payhip Expertise
If you wanted to sell products Through your own site, you’ll need a means to facilitate trades — some sort of infrastructure that will allow a customer to select your goods, pay for it, and also have it immediately delivered to them with whole hands-off automation. Payhip solves this issue.
Payhip is An e-commerce platform/website that gives users with the simplest tools and solutions for hosting and selling digital products straight to their customers 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 them previously.
Having A platform that is simple to use and one that does not require a huge amount of my time is of paramount significance.
Payhip will Save you a lot of time too because everything is cared for on the Payhip platform.
The Advantages that I’ve gained the most from utilizing Payhip include –
- EU VAT is cared for, which can be a huge plus in my book.
- Affordable. The website takes zero charges asides From 5% per transaction when you sell a digital product.
- Accessibility to analytics accounts.
- Access to marketing tools. You have the option to create Coupons and social discounts.
- Capability to signup, manage and reward your affiliates.
- Access to product sharing tools. Plus you can embed Your merchandise and Buy Now buttons on blog or your own website.
- The Capacity to set mailing lists so that your clients can Subscribe and remain current with your digital goods, and more.
- Instant digital merchandise shipping via email link for customers.
What I Like About Payhip
Let us get to the details. After my two + year Payhip experience, here’s what I really like about the service…
Payments Are Instantaneous
Payhip let’s your customers pay with PayPal Or from credit/debit card using Stripe, and they don’t pay out monthly/weekly/quarterly or force you to wait for them to clear some kind of holding period. When a client makes a purchase, the cash is immediately available in your accounts, and if you have the PayPal and Stripe apps installed on your mobile device, you are going to get notifications each time a sale happens. Udemy Philakone Payhip
I happen to appreciate this. The excitement of Seeing a new sale never gets older. In addition, it is good to wake up in the morning, reach for your telephone, and also see 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 clients card using Stripe, there’ll be a three day hold before the cash is available. This is all Stripe however — Payhip does not hold your money in any way.
No Monthly Fees
One of those things that Payhip initially sold me is that there is no Monthly fees or setup charges — just a simple flat fee of 5 percent per sale.
This was appealing to me back in 2016 Because, at the time, my readership was 1/10th of what it’s now, and that I was not positive 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 small crowd, Payhip was the no-risk solution that best match my scenario.
Simple To Know Analytics
Payhip’s back end Provides an analytics page That lets you see transactions and earnings amounts relative to this day, month, week, year, or any other specified range. Best of all, it’s a report that is really simple and to-the-point.
If you used Google Analytics or Facebook analytics, the number of data you are immediately smacked in the face with can be a bit overwhelming, and a lot of it is largely useless too. Payhip just gives you exactly what you’re there to view — sales data. Nothing more, nothing less.
Run Promotions with Coupon Codes
Another benefit users of Payhip experience is The ability to run promotions.
The codes may be Like and for any (or all) products. They could run for any duration you’d like (or even indefinitely,) along with the code itself may even be customized to whatever string of text you desire.
I have found this to be somewhat helpful. Occasionally I’ll run a weekend marketing, post it on Facebook, then boost the article targeting a pixel audience and I never fail to go ROI positive with it. People do respond to limited time offers. Udemy Philakone Payhip
Your Own Affiliate Program
Payhip Provides you the capability Readers sign up as an affiliate of your store, and you can award them a commission of whatever percent you’d like whenever someone buys a product with their custom affiliate link.
This is useful since it allows other Men and Women To market your products and should they have a platform and an audience of their own they can tap into, the commissions paid will be well worth it.
Easy Integration with Email Marketing
You’ll be, if you are into marketing Able to easily integrate Payhip along with your email advertising provider that is chosen so that a purchase is made, the purchaser’s email address could be added to a listing that is selected.
That is small but I think it’s Pretty cool so I want to give it a mention — if you so desire, you can have Payhip postage the buyer’s email address into the upper left corner of each page of a PDF document they have bought.
So if someone plans to buy your PDF Book make it accessible for free somewhere else, they’ll need to be fine with their private email address being publicly available as well. I think that’s a means 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 files, photos, software, etc..
Total Simplicity and Modern Design
One thing that can’t be overlooked whenever You are selling something is the way current your website appears. Individuals do not trust websites which appear outdated, myself included. If a website looks like it hasn’t been upgraded since the web 2.0 times, then I start to wonder if perhaps 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 is not the case with Payhip though. The Site has a design that is very contemporary and simple. This is exactly what you would anticipate a checkout page from a trusted company to look like In the event that you should buy a digital product on the internet. Udemy Philakone Payhip
Another thing I like about Payhip is its Overall simplicity. In the moment a visitor lands on your product page, Payhip remains out of the way. They display your graphics, sales copy, and only the crucial info (such as price.) They do nothing to interfere with your purchase — no self-promotion whatsoever.
Eventually, what I really like about Payhip is That customer payment information isn’t stored by them, meaning that your clients’ payment details are safe. The payment is managed through PayPal or Stripe, and I prefer it that way as they’re large, 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 things that I dislike about the ceremony and would like to see improved…
No Mobile App
1 thing that bugs me about Payhip is that They do not possess a mobile app. It would be convenient to be able to start an app while I am out and around, and have a look through my earnings data. The site isn’t even optimized for mobile devices, although you can log in to the site and do this.
I like Payhip, but this is a really Bad appearance 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 site itself into it’s own program so users don’t have to manually register in each time they would like to inspect sales data. Permit users of Payhip encounter a platform when they are on their devices.
No Upsells or Add-Ons In Checkout
On the checkout page, I’d like to see an capability that is Extra to suggest Other products. For instance, if they are buying a package of templates for $5, then I propose, or could provide a package of business card templates to get a few bucks. This is something that websites like Amazon and VistaPrint do quite well.
I can’t help but feel like there is a lot of money Table — for both myself and Payhip — without this operation. This may enhance the Payhip encounter for both the seller and the client.
Establish On A Fixed Timezone
This one is frivolous, but I Prefer to see it corrected.
Considering that Payhip is located in London, they have The working timezone for the site set to BST. Since I’m found in the EST, I’ll occasionally check my analytics at 7PM or later and see that I left 0 sales for the day because Payhip thinks it’s midnight and its data reveals that.
This is a non-issue, however I Would like to observe that the capability to correct the site. Udemy Philakone Payhip
More Flexibility with Coupon Codes
I know I raved about the coupon Code feature earlier, but it’s not perfect.
As it currently stands, the only promotion You can run via a coupon code is for a percent off. I’d like to be able to offer a dollar amount from the original price, or the ability to set a sale price that is specified.
At the moment, if I want to put a $27 product On sale for $10, do the math to determine what percent off would leave the cost and I have to break out the calculator. I believe that is unnecessary and could be made better.
When creating A new product in Payhip, you have access to innovative options which include —
- Make your merchandise private.
- Add an ISBN (Internation Standard Book Number) to your eBook.
- Upload a few sample or preview pages.
- To the number of copies of your product or eBook can be add a limit amount sold.
- Create a license key .
How much does it cost?
Payhip will Cost you or even host your products. The site takes just 5 percent commission per transaction fee.
Would I Recommend Payhip?
This leaves us with the burning question: after two + years as a seller on Payhip, would you recommend it? Overall, yes. I am a client, but whether you ought to use it depends upon your own situation.
If you’re a blogger with a small audience And you can not justify spending $10+ per month to get something such as Gumroad, then yes, I would recommend Payhip. But in case you know you’ll do at least $ 1,000 in sales each month and market a merchandise or have a massive audience, you might want to look into something.
As of this date of the writing, Payhip works 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 selling less than $1,000 a month in total quantity, the math should (typically ) favor Payhip. But if you are selling into the thousands, you’ll probably need to go with Gumroad or look into some alternative. That is dependent on the number of transactions it takes to achieve those sales numbers though, so make certain that you crunch the numbers.
Personally, I absolutely love the Payhip Expertise and am very thankful for their services. I would like to see them continue to grow and succeed. Udemy Philakone Payhip