Intro What Is Payhip
Of All of the ways of Creating Articles that is blog, my method is Like learning layout templates and materials to make and sell electronic products. I’ve found that it’s extraordinarily profitable than running ads from networks such as AdSense, and products convert at a significantly higher rate compared to an affiliate product that someone else created. The support I use to facilitate this is Payhip, and in this post I’ll be discussing what I like and dislike about the service based in my Payhip expertise as a vendor for 2+ years. What Is Payhip
My Payhip Experience
If you wanted to market digital products Through your own site, you’ll need a way to facilitate transactions — some sort of infrastructure that will allow a client to select your goods, cover it, and also have it immediately delivered to them with complete hands-off automation. Payhip solves this problem.
What is Payhip?
Payhip is An that provides users with solutions and the simplest tools for selling products straight to their clients and hosting online.
The Provider Was co-founded by Abs Farah and Kahin Farah and is currently based in my capital city of London.
What are the benefits of utilizing Payhip?
Each online Platform differs, and I’ve used a few of these in the past.
Having A platform that is easy to use and one that doesn’t require a massive amount of my precious time is of paramount significance.
Payhip will Save a great deal of time also because everything is cared for on the Payhip platform.
The Advantages that I’ve gained the most from utilizing Payhip comprise –
- EU VAT is cared for, which is a huge plus in my book.
- Affordable. The website takes zero fees asides From 5 percent per transaction when you sell a digital product.
- Accessibility to analytics reports.
- Access to marketing tools. You have the option to create Coupons and societal discounts.
- Capability to signup, manage and reward your affiliates.
- Access to merchandise sharing tools. Plus you can embed Your product and Buy Now buttons right on your website or blog.
- The Capacity to set mailing lists so that your customers can Subscribe and stay up to date with your electronic products, and more.
- Instant digital merchandise shipping via email link for buyers.
What I Enjoy About Payhip
Let us get to the details. After my two year Payhip experience, here’s what I love about the ceremony…
Payments Are Instantaneous
Payhip let us your customers pay with PayPal Or by credit/debit card using Stripe, and they do not cover monthly/weekly/quarterly or force you to wait for them to clean some sort of holding period. When a customer makes a purchase, the money is immediately available on your accounts, and if you’ve got the PayPal and Stripe programs installed on your mobile device, you’ll receive notifications each time a sale happens. What Is Payhip
I happen to appreciate this. The excitement of Seeing a new sale never gets older. It’s also great to awake in the morning, reach to your phone, and also see that you made X amount of dollars while you’re sleeping, and it is all readily available for you to spend. The only caveat to this is Stripe. If your customers pays by card with Stripe, there will be a 3 day hold until the money is available. That is Stripe however — Payhip doesn’t hold your cash in any way.
No Monthly Charges
One of the things that Payhip originally sold me on is that there is no Monthly fees or installation charges — only a simple flat fee of 5% per sale.
This was appealing to me in 2016 Since, at the moment, my readership was less than 1/10th of what it’s now, and I was not positive I was likely to consistently 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 quickest solution that best fit my situation.
Easy To Understand Analytics
Payhip’s back end offers an analytics page That enables you to see trades and earnings quantities relative to this day, week, month, year, or any other specified selection. On top of that, it is a report that is to-the-point and very straightforward.
If you used Google Analytics or Facebook analytics, the amount of data you are instantly smacked in the face can be somewhat overwhelming, and a lot of it’s largely useless too. Payhip just provides you exactly what you’re there to see — sales data. Nothing more, nothing less.
Run Promotions with Coupon Codes
Another advantage users of Payhip encounter is By producing coupon codes, promotions to conduct.
The codes can be Like and for any (or all) products. They can run for any length you want (or even indefinitely,) and 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 will conduct a weekend promotion, post it on Facebook, then boost the post targeting a pixel audience and I never fail to go ROI positive by it. People truly do respond to limited time offers. What Is Payhip
Your Own Affiliate Program
Payhip Provides you the capability to let your Readers register as an affiliate of your shop, and you can award if someone purchases a product using their customized affiliate link.
This is useful because it allows people To sell your merchandise and if they have a stage and an audience of their own they can tap into, the commissions paid will be worth it.
Easy Integration with Email Marketing
You’ll be, if you are into email advertising Able to integrate Payhip with your preferred email marketing supplier so that whenever a purchase is made, the buyer’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’ll have Payhip postage the purchaser’s email address to the top left corner of every page of a PDF document they’ve purchased.
So if someone intends to Purchase Your PDF Publication make it available for free somewhere else, they will need to be fine with their private email address being publicly available. I believe that is a really creative means of deterring pirating.
Upload Most Kinds of Files
Payhip is not just a marketplace for ebooks — You can upload any sort of digital file. Font documents, video/audio documents, photographs, software, etc..
Total Simplicity and Modern Design
One thing that can not be overlooked whenever You’re selling something is the way current your website appears. Individuals generally do not trust sites which look outdated, myself included. If a site looks like it hasn’t been updated because the web 2.0 days, I begin to wonder if maybe I am in an abandoned building and putting my payment information into it’d pretty much be just like throwing my money into a black hole.
That’s not the case with Payhip though. The Website has a layout. This is what you’d anticipate a checkout page by a trusted business, if you were to purchase a digital merchandise on the world wide web. What Is Payhip
Another thing I like about Payhip is its In general simplicity. In the a visitor lands on your product page, Payhip remains out of the way. They display your graphics, sales copy, and just the crucial info (like price.) They do absolutely nothing to interfere with your purchase — no self-promotion whatsoever.
Eventually, what I like about Payhip is That they don’t store customer payment information, meaning your clients’ payment details are secure. The payment is handled through PayPal or Stripe, and I prefer it this way because they are big, successful companies with a lot of money to spend on top-shelf security.
What I Dislike About Payhip
As much as I enjoy Payhip, it’s far from perfect. Here are some items that I dislike about the service and would like to see improved…
No Mobile App
1 thing that bugs me about Payhip is that They do not possess a program. It would be convenient to be able to start an app and take a look through my sales data while I am out and about. The website is optimized for mobile devices, although you do so and may log in to the website.
I enjoy Payhip, but that is a really Lousy look in 2018. There’s no reason you shouldn’t have a site optimized for cellular, and once you have that, you should be able to easily turn the website itself right into it’s own program so users do not need to manually sign in every time they would like to inspect sales data. Let users of Payhip encounter a platform when they’re on their devices.
No Upsells or Add-Ons At Checkout
On the checkout page, I would like to see an Extra capability to suggest Other products. If they’re buying a bundle of templates for $5, then I propose, or might offer a package of business card templates for a couple of extra bucks. This is something which websites like Amazon and VistaPrint do.
I can not help but feel as though there’s a lot of money Table — for myself and Payhip — with no operation. This may enhance the Payhip experience for both the customer and the vendor.
Set On A Fixed Timezone
This one is mostly frivolous, but I’d still Prefer to see it corrected.
Considering that Payhip is located in London, they’ve BST was set to by the timezone for the whole site. Since I am located in the EST, I will sometimes check my analytics at 7PM or later and see that I made 0 earnings for the day because Payhip believes it is midnight and its own information reflects that.
Again, this is largely a non-issue, but I Would like to observe the capability to correct the website to your timezone. What Is Payhip
More Flexibility with Coupon Codes
I know I raved about the voucher It is not quite perfect just yet, although code feature earlier.
As it stands, the advertising You can run through a voucher code is to get a percentage off. Ideally, I’d love to have the ability to supply a dollar amount to set a specified sale price.
Right Now, if I Need to put a merchandise that is $27 Available for $10, manually do the math to determine what percentage off would leave the last price and I must break out the calculator. I believe that is unnecessary and may be improved.
When creating A brand new product in Payhip, you also have access to advanced alternatives including —
- Make your merchandise private.
- Add an ISBN (Internation Standard Book Number) to your eBook.
- Upload a couple of preview or sample pages.
- To the number of copies of eBook or your product could be, add a limitation amount sold.
- Generate a exceptional license key for each of your product/eBook revenue.
How much does this cost?
Payhip will Cost you nothing or host your products. The site takes just 5 percent commission per transaction fee.
Can I Recommend Payhip?
This leaves us with the burning question: after 2years as a vendor on Payhip, would you recommend it? Total, yes. I am very much a happy 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 like Gumroad, then yes, I would absolutely recommend Payhip. However, if you sell a product that is high-ticket or have a huge audience and know you’ll do at least $ 1,000 in sales every month, you might want to look into something most cost-efficient.
As of the 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 are going to be selling less than $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’ll probably want to go with Gumroad or look into some other choice. This is largely dependent on how many transactions it requires to reach those sales numbers so be certain to crunch the numbers on your own.
Personally, I love the Payhip Experience and am grateful for their services. I want to see them continue to grow and succeed. What Is Payhip