Intro What Stores Sell Digital Jewelry Scales
Of All of the ways of Creating Articles that is blog, my Strategy is To make and sell digital products such as learning layout templates and materials. I have found that it’s extraordinarily more rewarding than running ads and self-made products convert at a greater speed than an affiliate product that somebody else created. The service I use to ease this is Payhip, and this article I’ll be sharing what I like and dislike about the service based in my Payhip experience for a vendor for two + years. What Stores Sell Digital Jewelry Scales
My Payhip Experience
If you have ever wanted to market digital products Through your own website, you are going to want a way to facilitate trades — some sort of infrastructure which will enable a client to select your goods, cover it, and also have it immediately delivered to them with complete hands-off automation. Payhip solves this issue.
What is Payhip?
Payhip is An that provides customers with the tools and solutions for hosting and selling products to their clients online.
The Provider Was co-founded by Abs Farah and Kahin Farah and is now based in my capital city of London.
What are the benefits of utilizing Payhip?
Each online Platform is different, and I have used a few of these in the past.
Having A platform that is simple to use and one that does not take a huge amount of my time is of utmost importance.
Payhip will Save 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 include –
- EU VAT is taken care of, which is a big plus in my book.
- Affordable. The site takes zero charges asides From 5 percent per trade when you sell a product that is digital.
- Access to analytics accounts.
- Access to marketing tools. You have the option to make Coupons and societal discounts.
- Capability to signup, handle and reward your own affiliates.
- Access to merchandise sharing programs . Plus you can embed Your merchandise and purchase Now buttons directly on blog or your own website.
- The Capacity to setup mailing lists so that your customers can Subscribe and stay up to date with your products, and much more.
- Immediate digital product delivery via email link to customers.
What I Like About Payhip
Let us get to the information. After my two + year Payhip expertise, here’s what I love about the ceremony…
Payments Are Instantaneous
Payhip let us 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 around for them to clear some sort of holding period. When a customer makes a purchase, the cash is immediately available in your account, and in case you’ve got the PayPal and Stripe programs installed on your mobile device, you are going to get notifications each time a sale occurs. What Stores Sell Digital Jewelry Scales
I happen to love this. The excitement of Seeing a sale that is new never gets older. In addition, it is good to awake in the morning, reach to your phone, 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 is Stripe. If your customers card using Stripe, there will be a three day hold until the money is available. That is all Stripe though — Payhip doesn’t hold your cash in any way.
No Monthly Fees
Among the things that Payhip initially sold me is that there is no Monthly charges or setup charges — only a simple flat fee of 5 percent per sale.
This was attractive to me Since, at the time, my readership was 1/10th of what it’s now, and that I wasn’t positive I was going to consistently sell enough product to justify paying a monthly fee for a similar service such as Gumroad. As a relatively new blogger having a little crowd, Payhip was the quickest solution that best fit my scenario.
Simple To Understand Analytics
Payhip’s back end offers an analytics page That enables you to view trades and earnings amounts relative to this day, week, month, year, or some other specified selection. Best of all, it’s a to-the-point and very simple report.
If you have used Google Analytics or Facebook analytics, the amount of data you are immediately smacked in the face can be a bit overwhelming, and a lot of it’s mostly useless also. Payhip just gives you what you are there to view — sales 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 may be for any percentage you’d Enjoy and for any (or all) products. They could run for any duration you want (or even indefinitely,) and the code itself can even be customized to whatever string of text you desire.
I have found this to be very helpful. Occasionally I will run a weekend promotion, post it on Facebook boost the article targeting a pixel audience and I never fail to go ROI positive with it. People truly do respond to limited time offers. What Stores Sell Digital Jewelry Scales
Your Own Affiliate Program
Payhip Provides you the capability Readers sign up as an affiliate of your shop, and you can grant them a commission of whatever percentage you would like someone buys a product with their custom affiliate link.
This is useful because it allows people To sell your merchandise for you, the commissions paid will be worthwhile and if they have an audience of their own and a stage that they can tap to.
Easy Integration with Email Marketing
You’ll be, if you are into marketing Able to integrate Payhip with your preferred email advertising supplier so that if a purchase is made, the email address of the purchaser could be added to a list.
That is small but I think it’s Pretty cool so I wish to give it a mention — if you desire, you’ll have Payhip stamp the purchaser’s email address into the top left corner of every page of a PDF document they’ve purchased.
So if someone plans to Purchase Your PDF Book make it publicly accessible for free somewhere else, they’ll need to be okay with their email address being accessible as well. I think that’s a means of deterring pirating.
Upload Many Kinds of Files
Payhip is a marketplace for ebooks — You can upload any kind of electronic file. Font documents, video/audio files, photographs, software, etc..
Overall Simplicity and Modern Design
1 thing that can’t be overlooked whenever You’re selling something is how present your website looks. Individuals generally don’t trust sites which look obsolete, myself included. If a website looks like it has not been updated since the net 2.0 times, then I begin to wonder if perhaps I am in an abandoned building and putting my payment info 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 design that is simple and very contemporary. This is what you’d expect a checkout page from a trusted business to appear like In the event that you were to buy a digital merchandise on the internet. What Stores Sell Digital Jewelry Scales
Another thing I enjoy about Payhip is its Overall simplicity. In the very moment 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.
Eventually, what I like about Payhip is That they do not store customer payment information, meaning your clients’ payment details are secure. The payment is totally handled through Stripe or PayPal, and I prefer it this way because they’re big, successful companies with lots of cash to invest on 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 service and would like to see enhanced…
No Mobile App
One thing that bugs me about Payhip is that They don’t possess a app. It’d be convenient to be able to open an app while I am out and about and have a look through my data. The site is optimized for mobile devices, although you do this and may log in to the website.
I enjoy Payhip, but this is a very Bad look in 2018. There is no reason you shouldn’t have a site optimized for mobile, and once you’ve got that, you should be able to easily turn the site itself into it’s own app so users do not need to manually sign in each time they would like to check sales data. Users of Payhip encounter a better platform when they’re on their cellular devices.
No Upsells or Add-Ons In Checkout
On the checkout page, I would really like to see an added ability to suggest Other products. By way of instance, if they are purchasing a package of logo templates for $5, I might offer a package of business card templates to get a couple of dollars, or suggest some other similar product which could interest them they previously didn’t know about. This is something which websites like VistaPrint and Amazon do quite well.
I can’t help but feel like there’s a Great Deal of money being left on the Table — for both myself and Payhip — with no functionality. This could improve the Payhip encounter for both the client and the seller.
Establish On A Fixed Timezone
This one is mostly frivolous, but I Prefer to see it corrected.
Since Payhip is located at London, they’ve BST was set to by the working timezone for the whole website. Since I am located in the EST, I’ll sometimes check my analytics at 7PM or afterwards and see that I left 0 sales for the day since Payhip believes it’s midnight and its data reflects that.
Again, this is largely a non-issue, but I Would love to see that the ability to adjust the website. What Stores Sell Digital Jewelry Scales
More Flexibility with Coupon Codes
I know I raved about the coupon It’s not perfect yet, although Code attribute earlier.
As it currently stands, the sole promotion You can run through a voucher code is for a percentage off. I’d love to be able to offer a dollar amount off the original cost, or the capability to set a sale price that is predetermined.
Right Now, if I want to place a product Available for $10, I have to break out the calculator and do the math to determine what percent off would leave the last price. I believe that is unnecessary and could be made better.
When creating A new product in Payhip, you have access to advanced alternatives which include —
- Make your merchandise personal.
- Add an ISBN (Internation Standard Book Number) to your eBook.
- Upload sample pages or a few preview.
- To the number of copies of market or your product can be add a limit amount sold.
- Generate a license key .
Just how much does this cost?
Payhip will Cost you nothing to establish or host your products. The site takes only 5 percent commission per trade fee.
Can 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 are a blogger with a small audience And you can not justify spending $10+ a month for something like Gumroad, then yes, I would recommend Payhip. However, in case you have a huge audience or sell a merchandise and know that you’ll be doing at least $1,000 in sales each month, you might want to look into something most cost-efficient.
As of this date of this writing, Payhip works On a set fee of 5 percent of each sale. Gumroad’s fee is currently 3.5% + $0.30 per transaction + $10 a month.
If you’re going to be selling $1,000 a month in total quantity, the math should (in most cases) prefer Payhip. But if you are selling well into the thousands, you’ll probably want to go with Gumroad or start looking into some alternative. This is mostly dependent on the number of transactions it requires to reach those sales numbers though, so be certain that you crunch the numbers for yourself.
Personally, I love the Payhip Expertise and am very grateful for their solutions. I would like to see them continue to grow and succeed. What Stores Sell Digital Jewelry Scales