Intro Universal Book Reader
Of all the ways of monetizing Articles that is blog, my Strategy is Like learning materials and layout templates, to create and sell digital products. I have discovered that it’s extraordinarily more rewarding than running ads and self explanatory products convert at a much greater speed compared to an affiliate product that someone else created. The service I use to ease this is Payhip, and this article I’ll be sharing what I both like and dislike about the ceremony based on my Payhip expertise as a vendor for 2+ years. Universal Book Reader
My Payhip Expertise
If you have ever wanted to sell digital products Through your own website, you’ll need a means to facilitate trades — some kind of infrastructure that will allow a customer to select your product, cover it, and have it instantaneously delivered to them with complete hands-off automation. Payhip solves this issue.
Payhip is An that provides customers with the easiest tools and options for selling electronic products straight 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.
What are the benefits of using Payhip?
Each online Platform is different, and I have used a couple of them in the past.
Having A stage that is really simple to use and one that doesn’t take a massive amount of my time that is precious is of utmost significance.
Payhip will Save you a lot of time because everything is taken care of on the Payhip platform.
The Advantages that I’ve gained the most from utilizing Payhip comprise –
- EU VAT is taken care of, and it is a huge plus in my book.
- Affordable. The site takes zero charges asides From 5% per trade when you sell a item that is digital.
- Access to analytics reports.
- Access to advertising tools. You have the option to create Social and coupons discounts.
- Capability to signup, manage and reward your own affiliates.
- Access to product sharing programs . Plus you can embed Purchase and your product Now buttons on your site or blog.
- The Capacity to setup mailing lists so that your customers can Subscribe and remain current with your digital goods, and much more.
- Immediate digital product shipping via email link for buyers.
What I Enjoy About Payhip
Let’s get to the information. After my two + year Payhip expertise, Here Is What I really like about the service…
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 force you to wait around for them to clean some sort of holding period. When a client makes a purchase, the money is instantly available in your account, and in case you have the PayPal and Stripe programs installed on your mobile device, you are going to get notifications each time a sale occurs. Universal Book Reader
I happen to love this. The excitement of Seeing a brand new sale never gets older. It’s also good to wake up in the morning, reach to your telephone, and also see you made X amount of dollars while you were sleeping, and it is all readily available for you to spend. The caveat to this is Stripe. If your customers pays by card using Stripe, there will be a 3 day hold until the cash is available. That is Stripe however — Payhip doesn’t hold your cash in any way.
No Monthly Fees
One of those things that Payhip originally sold me is that there is no Monthly fees or setup charges — only a simple flat fee of 5 percent per purchase .
This was attractive to me back 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 like Gumroad. As a relatively new blogger with a small audience, Payhip was the quickest solution that best fit my situation.
Easy To Know Analytics
Payhip’s back end Provides an page That enables you to view transactions and earnings quantities relative to the day, week, month, year, or any other given selection. Best of all, it’s a very straightforward and to-the-point 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 mostly useless also. Payhip just gives you what you are there to see — revenue data. Nothing more, nothing less.
Run Promotions with Coupon Codes
Another advantage users of Payhip encounter is The capacity to run promotions by producing coupon codes.
The codes can be Like and for any (or all) products. They can run for whatever length you’d like (or even indefinitely,) and the code itself can even be customized to whatever string of text you would like.
I have found this to be useful. Sometimes I will run a weekend promotion, post it on Facebook, then raise the article targeting a pixel audience and I don’t fail to go ROI positive with it. People truly do respond well to limited time offers. Universal Book Reader
Your Own Affiliate Program
Payhip gives you the capability Readers sign up as an affiliate of your store, and you can grant them a commission of whatever percent you would like, someone purchases a product using their custom affiliate link.
This is useful since it allows other Men and Women To market your merchandise for you, the commissions paid will be worth it and if they have an audience of their own and a stage that they can tap into.
Easy Integration with Email Marketing
If you’re into advertising, you will be Able to integrate Payhip with your chosen email advertising supplier so that if a purchase is made, the purchaser’s email address could be added to a listing that is chosen.
That is minor but I think it’s Pretty cool so I wish to give it a mention — if you desire, you can have Payhip postage the buyer’s email address to the top left corner of every page of a PDF document they’ve purchased.
So if someone plans to Purchase Your PDF Publication then make it available for free somewhere else, they will have to be okay with their personal email address being accessible as well. I think that is a means of deterring pirating.
Upload Many Sorts of Files
Payhip is a market for ebooks — You can upload virtually any sort of digital file. Font documents, video/audio documents, photos, software, etc..
Total Simplicity and Modern Design
1 thing that can not be overlooked whenever You are selling something is the way current your website looks. Individuals generally do not trust websites which look outdated, myself included. If a site looks like it hasn’t been upgraded since the web 2.0 times, then I begin to wonder if maybe I’m in an abandoned building and placing 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 Site has a layout. This is what you’d expect a checkout page from a business to look like if you were to buy a product on the world wide web. Universal Book Reader
Another thing that I like about Payhip is its own Overall simplicity. From the a visitor lands on your product page, Payhip remains out of the way. They display your images, sales copy, and only the critical information (like price.) They do nothing to interfere with your purchase — no self-promotion whatsoever.
Finally, what I enjoy about Payhip is That they do not store customer payment info, meaning that your customers’ payment details are safe. The payment is handled through Stripe or PayPal, and I prefer it this way as they are big companies with a lot of cash to invest on top-shelf security.
What I Dislike About Payhip
As much as I enjoy Payhip, it’s far from perfect. Here are some things that I dislike about the ceremony and would like to see improved…
No Mobile App
One thing that bugs me about Payhip is that They do not possess a program. It would be convenient to have the ability to start an app while I am out and around, and have a look. The website is optimized for mobile devices, although you can log into the website and do so.
I like Payhip, but this is a really Bad look in 2018. There is 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 into it’s own app so users do not need to manually register in each time they would like to check sales information. Users of Payhip experience a 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 ability to indicate Other products. For instance, if they are purchasing a bundle of logo templates for $5, then I could offer a bundle of business card templates or propose. This is something which websites like VistaPrint and Amazon do.
I can’t help but feel like there’s a lot of money being left on the Table — for myself and Payhip — with no functionality. This could improve the Payhip encounter for both the customer and the vendor.
Establish On A Fixed Timezone
This one is largely frivolous, but I had still Prefer to see it fixed.
Considering that Payhip is located at London, they’ve BST was set to by the timezone for the whole site. Since I am found in the EST, I will sometimes check my analytics at 7PM or afterwards and see that I made 0 earnings for the day because Payhip believes it’s midnight and its information reflects that.
This is mostly a non-issue, however I Would love to see the ability to correct the website to your timezone. Universal Book Reader
More Flexibility with Coupon Codes
I know I raved about the coupon It’s not quite perfect just yet, although Code attribute earlier.
As it now stands, the sole promotion You can run via a coupon code is to get a percent off. I’d like to be able to supply a dollar amount from the initial cost, or the capability to set a specified sale price.
At the moment, if I want to put a product Available for $10, I must break out the calculator and manually do the math to figure out what percentage off will leave the cost. I believe this is unnecessary and may be made better.
When creating A brand new product in Payhip, you also have access to advanced options which include —
- Make your merchandise private.
- Insert an ISBN (Internation Standard Book Number) to your eBook.
- Upload sample pages or a couple of preview.
- To how many copies of eBook or your product could be, add a limit number sold.
- Create a license key that is exceptional .
How much does this cost?
Payhip will Cost you or host your products. The site takes only 5% commission per transaction fee.
Would I Recommend Payhip?
This leaves us with the burning question: after 2years as a seller on Payhip, do you recommend it? Total, yes. I am a client, but whether you ought to use it depends upon your situation.
If you are a 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. In case you know that you’ll do at least $ 1,000 in sales each month and sell a product or have a massive audience, you might want to check into something.
As of this date of the writing, Payhip functions On a flat fee of 5 percent of every sale. Gumroad’s fee is now 3.5% + $0.30 per transaction + $10 per month.
If you are going to be promoting $1,000 a month in total quantity, the math should (in most cases) prefer Payhip. But if you’re selling well into the thousands, you want to go with Gumroad or look into some other alternative. That is all dependent on the number of transactions it requires to achieve those sales numbers, however, so be sure that you crunch the numbers on your own.
Personally, I love the Payhip Expertise and am really grateful for their services. I want to see them continue to grow and succeed. Universal Book Reader