Introduction Video Selling Sites
Of All of the ways of Creating content, my Strategy is To make and sell digital products. I’ve found that it’s extraordinarily rewarding than running ads and products convert at a greater rate compared to an affiliate product that somebody else created. The support I use to facilitate this can be Payhip, and this article I will be discussing what I like and dislike about the ceremony based on my Payhip expertise for a seller for two + years. Video Selling Sites
My Payhip Expertise
If you’ve ever wanted to market digital products Through your own website, you’ll want a means to facilitate transactions — some kind of infrastructure that will allow a client to select your goods, pay for it, and have it immediately delivered to them with complete hands-off automation. Payhip solves this issue.
Payhip is An e-commerce platform/website that gives customers with options and the tools for hosting and promoting electronic products to their customers 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’ve used a couple of these previously.
Having A stage that is really simple to use and one that does not take a massive amount of my valuable time is of paramount importance.
Payhip will Save you a great deal of time because everything is cared for on the Payhip platform.
The Benefits that I’ve gained the most from utilizing Payhip include –
- EU VAT is taken care of, which is a huge plus in my book.
- Affordable. The site takes zero charges asides From 5 percent per transaction when you sell a item that is digital.
- Accessibility to analytics accounts.
- Access to marketing tools. You have the option to create Social and Coupons discounts.
- Capability to signup, handle and reward your own affiliates.
- Access to product sharing tools. Plus it is possible to embed Buy and your product Now buttons on your website or blog.
- The Capacity to setup mailing lists so that your clients can Subscribe and remain up to date with your digital products, and much more.
- Immediate digital merchandise delivery via email link to customers.
What I Like About Payhip
Let us get to the information. After my 2+ year Payhip experience, Here Is What I really like about the ceremony…
Upgrades Are Instantaneous
Payhip let’s your customers pay with PayPal Or from credit/debit card with Stripe, plus they don’t pay out monthly/weekly/quarterly or force you to wait for them to clean some kind of holding period. When a client makes a purchase, the cash is immediately available in your accounts, and in case you have the PayPal and also Stripe apps installed on your mobile device, you are going to get notifications each time a sale happens. Video Selling Sites
I happen to appreciate this. The excitement of Seeing a sale never gets older. In addition, it is good to awake in the morning, reach to your telephone, and see you made X amount of dollars while you were sleeping, and it is all easily available for you to spend. The caveat to this can be Stripe. If your clients card using Stripe, there’ll be a 3 day hold before the money is available. This is Stripe though — Payhip does not hold your money in any way.
No Monthly Fees
One of the things that Payhip originally sold me is that there’s no Monthly charges or installation charges — just a simple flat fee of 5% per purchase .
This was attractive to me back Because, at the moment, my readership was 1/10th of what it is now, and I wasn’t positive that I was likely to always sell enough product to warrant paying a monthly fee to get a similar service like Gumroad. As a relatively new blogger having a small audience, Payhip was the no-risk solution that best fit my situation.
Simple To Know Analytics
Payhip’s back end Provides an page That lets you view transactions and earnings quantities relative to the day, week, month, year, or some other given selection. On top of that, it’s a to-the-point and simple 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 is mostly useless too. Payhip just provides you what you’re there to see — revenue information. 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 would Enjoy and for any (or all) products. They can run for any duration you want (or even indefinitely,) along with the code itself can even be customized to whatever string of text you desire.
I’ve found this to be somewhat useful. Sometimes I’ll conduct a weekend promotion, post it on Facebook, then boost the article targeting a pixel audience and I never fail to go ROI positive by it. People do respond to limited time offers. Video Selling Sites
Your Own Affiliate Program
Payhip Provides you the ability to let your Readers register as an affiliate of your store, and you can award if someone buys a product with their customized affiliate link.
This is useful since it allows people To market your products the commissions paid will be well worth it, and should they have a stage and an audience of their own they can tap to.
Easy Integration with Email Marketing
You’ll be if you’re into marketing Able to easily incorporate Payhip along with your email advertising supplier that is chosen so that a purchase is made, the email address of the purchaser could be added to a selected list.
This is minor but I think it’s Pretty cool so I wish to give it a reference — if you desire, you can have Payhip stamp the buyer’s email address into the upper left corner of every page of a PDF document they’ve purchased.
So if someone intends to buy your PDF Publication make it available for free they’ll need to be okay with their email address being publicly accessible as well. I believe that is a creative way of deterring pirating.
Upload Many Kinds of Files
Payhip is a marketplace for ebooks — You can upload virtually any sort of digital file. Font files, video/audio files, photographs, software, etc..
Overall Simplicity and Modern Design
One thing that can’t be overlooked whenever You are selling something is the way current your site looks. Individuals generally do not trust websites which look obsolete, myself included. If a website looks like it has not been updated because the net 2.0 days, I start to wonder if maybe I am in an abandoned building and putting my payment information to it’d pretty much be just like throwing my money into a black hole.
That is not the case with Payhip though. The Site has a very modern and easy design. This is exactly what you’d expect a checkout page by a business if you should buy a digital product on the world wide web. Video Selling Sites
Another thing I like about Payhip is its In general simplicity. In the very second a visitor lands on your product page, Payhip remains out of the way. They display your graphics, sales copy, and only the critical info (like price.) They do nothing to interfere with your purchase — no.
Eventually, what I actually like about Payhip is That customer payment info isn’t stored by them, meaning that your clients’ payment details are safe. The payment is totally handled through Stripe or PayPal, and I prefer it this way as they’re large companies with lots of money.
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 enhanced…
No Mobile App
1 thing that bugs me around Payhip is that They do not have a mobile program. It’d be convenient to be able to start an app and take a look while I’m out and around. The website isn’t even optimized for mobile devices, although you can log into the site and do so.
I like Payhip, but this is a really Bad appearance in 2018. There’s no reason you shouldn’t have a site optimized for mobile, and when you’ve got that, you should be able to easily turn the site itself right into it’s own program so users don’t need to manually sign in every time they would like to check sales information. Permit users of Payhip experience a platform when they are on their devices.
No Upsells or Add-Ons In Checkout
On the checkout page, I would like to see an ability that is Extra to indicate Other products. If they are purchasing a bundle of templates for $5, I might offer a bundle of business card templates or suggest. This is something that websites like Amazon and VistaPrint do.
I can not help but feel as though there is a lot of money being left on the Table — for myself and Payhip — without this operation. This may improve the Payhip experience for both the vendor and the client.
Set On A Fixed Timezone
This one is frivolous, but I Like to see it fixed.
Considering that Payhip is located at London, they have BST was place to by the timezone for the site. Since I am found in the EST, I will sometimes check my analytics at 7PM or later and see that I left 0 earnings for the day because Payhip thinks it is midnight and its own information reveals that.
This is a non-issue, however I Would like to see that the capability to adjust the website. Video Selling Sites
More Flexibility with Coupon Codes
I know I raved about the voucher It’s not quite perfect, although code feature earlier.
As it currently stands, the advertising You can run through a coupon code. Ideally, I’d like to have the ability to offer a dollar amount to set a sale price that is predetermined.
At the moment, if I want to put a $27 merchandise Available for $10, I have to break out the calculator and do the math to determine what percentage off will leave the final cost at $10. I think this is unnecessary and may be improved.
When creating A brand new product in Payhip, you also have access to advanced alternatives which include —
- Make your product private.
- Insert an ISBN (Internation Standard Book Number) for your eBook.
- Publish sample pages or a couple of preview.
- To the number of copies of market or your product could be Insert a limitation number sold.
- Generate a license key that is exceptional .
Just how much does this cost?
Payhip will Cost you to establish or host your products. The site takes just 5% 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? Total, yes. I am very much a customer, but whether or not you ought to use it depends on your situation.
If you’re a blogger with a small audience And you can not justify spending $10+ a month to get something such as Gumroad, then yes, I would absolutely recommend Payhip. But in case you know you’ll do at least $ 1,000 in sales each month and sell a merchandise or have a massive audience, you may want to look into something most cost-efficient.
As of this date of the writing, Payhip works On a set fee of 5% of every sale. Gumroad’s fee is now 3.5% + $0.30 per transaction + $10 per month.
If you’re going to be selling $1,000 per month in total quantity, the math should (in most cases) prefer Payhip. But if you are selling well into the thousands, you are probably going to need to decide on Gumroad or start looking into another alternative. This is all dependent on how many transactions it takes to achieve those sales numbers though, so be sure that you crunch the numbers.
Personally, I love the Payhip Expertise and am very grateful for their solutions. I would like to see them continue to grow and succeed. Video Selling Sites