Background Where To Sell Digital Products
Of all the ways of monetizing Articles, my method is To create and sell products. I have discovered that it is extraordinarily more rewarding than running ads from networks like AdSense, and products convert at a higher rate compared to an affiliate product that someone else created. The service I use to ease this can be Payhip, and this post I’ll be sharing what I both like and dislike about the service based on my Payhip experience for a seller for 2+ years. Where To Sell Digital Products
My Payhip Expertise
If you wanted to sell digital products Through your own website, you are going to need a way to facilitate transactions — some sort of infrastructure which will enable a client to select your goods, cover 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 provides customers with options and the tools for promoting electronic products directly to their customers and hosting 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 advantages of utilizing Payhip?
Each online Platform differs, and I have used a few of these in the past.
For me, having A stage that is so easy to use and one that does not require a huge amount of my valuable time is of utmost importance.
Payhip will Save a lot of time also because everything is taken care of on the Payhip platform.
The Benefits that I’ve gained the most from utilizing Payhip include –
- EU VAT is cared for, and it is a big plus in my book.
- Affordable. The site takes zero fees asides From 5% per trade when you sell a item.
- Accessibility to analytics accounts.
- Access to advertising tools. You have the option to make Social and coupons discounts.
- Capability to signup, manage and reward your affiliates.
- Access to product sharing tools. Plus it is possible to embed Purchase and your product Now buttons right on your website or blog.
- The Capacity to set mailing lists so that your clients can Subscribe and stay up to date with your products, and much more.
- Immediate digital product delivery via email link for customers.
What I Enjoy About Payhip
Let’s get to the information. Following my 2 year Payhip expertise, here’s what I really like about the ceremony…
Payments Are Instantaneous
Payhip let’s your customers pay with PayPal Or by credit/debit card using Stripe, plus they do not cover monthly/weekly/quarterly or make you wait for them to clear some sort of holding period. When a customer makes a purchase, the cash is instantly available on 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 happens. Where To Sell Digital Products
I happen to appreciate 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 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 clients card using Stripe, there will be a three day hold before the money is available. That is all Stripe though — Payhip doesn’t hold your money in any way.
No Monthly Charges
One of those things that Payhip initially sold me on is that there is no Monthly fees or installation charges — only a simple flat fee of 5 percent per purchase .
This was attractive to me in 2016 Because, at the moment, my readership was less than 1/10th of what it is now, and that I was not positive I was likely to consistently sell enough product to warrant paying a monthly fee for a similar service such as Gumroad. As a relatively new blogger with a little crowd, Payhip was the quickest solution that best fit my scenario.
Simple To Know Analytics
Payhip’s back end offers an page That lets you view transactions and earnings amounts relative to the day, month, week, year, or any other specified selection. On top of that, it’s a to-the-point and really simple report.
If you have used Google Analytics or Facebook analytics, the amount of data you’re instantly smacked in the face can be somewhat overwhelming, and lots of it is mostly useless also. Payhip just gives you exactly what you’re there to view — revenue information. Nothing more, nothing less.
Run Promotions with Coupon Codes
Another advantage users of Payhip encounter is Promotions to conduct by creating coupon codes.
The codes can be for any percentage you would Enjoy and for any (or all) products. They can run for whatever duration you want (or even indefinitely,) along with the code itself can even be customized to whatever series of text you would like.
I’ve found this to be somewhat helpful. Sometimes I will run a weekend marketing, post it on Facebook raise the post targeting a pixel audience that is re-marketing and I never fail to go ROI positive by it. People really do respond well to limited time offers. Where To Sell Digital Products
Your Own Affiliate Program
Payhip Provides you the ability to let your Readers sign up as an affiliate of your shop, and whenever someone purchases a product you can grant them a commission of whatever percentage you would like.
This is useful because it allows other Men and Women To market your products for you, the commissions paid will be well worthwhile, and should they have a platform and an audience of their own that they can tap into.
Easy Integration with Email Marketing
You will be, if you’re into email marketing Able to incorporate Payhip along with your email marketing provider that is chosen so that if a sale is made, the buyer’s email address could be added into a list.
This is small but I think it’s Pretty cool so I want to give it a reference — if you so desire, you can have Payhip stamp the buyer’s email address to the top left corner of each page of a PDF document they’ve bought.
So if someone intends to buy your PDF Book make it accessible for free they will have to be okay with their personal email address being publicly accessible also. I think that’s a creative means of deterring pirating.
Upload Many Kinds of Files
Payhip is a market for ebooks — It’s possible to upload just about any kind of file. Font files, video/audio files, photographs, software, etc..
Overall Simplicity and Modern Design
1 thing that can not be overlooked whenever You’re selling something is your website appears. Individuals don’t trust sites that appear outdated, myself included. If a website looks like it has not been upgraded since the net 2.0 times, then I start to wonder if perhaps 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 is not the case with Payhip though. The Website has a layout that is very contemporary and easy. If you were to purchase a product this is exactly what you would expect a checkout page by a business to look like. Where To Sell Digital Products
Another thing I like about Payhip is its own Overall simplicity. In the a visitor lands on your product page, Payhip stays out of the way. They display your graphics, sales copy, and just the crucial info (such as price.) They do 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 customers’ payment details are secure. The payment is completely managed through PayPal or Stripe, and I prefer it this way as they are successful companies with a lot of money.
What I Dislike About Payhip
As much as I like Payhip, it’s far from perfect. Here are some items that I dislike about the ceremony and would like to see enhanced…
No Mobile App
One thing that bugs me about Payhip is that They don’t possess a mobile program. It would be convenient to be able to start an app while I’m out and about, and take a look during my data. The site is optimized for mobile devices, although you can log into the site and do this.
I like Payhip, but this is a really Lousy look in 2018. There is no reason you should not have a site optimized for mobile, and once you have that, you should be able to easily turn the website itself into it’s own program so users do not have to manually register in each time they would like to check sales information. Let users of Payhip experience a platform when they’re on their cellular devices.
No Upsells or Add-Ons At Checkout
On the checkout page, I would really like to see an capability to suggest Other products. By way of example, if they are purchasing a bundle of logo templates for $5, then I might offer a package of business card templates or suggest some other similar product which may interest them that they previously didn’t know about. This is something which sites like Amazon and VistaPrint do quite well.
I can not help but feel like there is a Great Deal of money being left on the Table — for myself and Payhip — without this functionality. This could enhance the Payhip encounter for both the seller and the client.
Set On A Fixed Timezone
This one is frivolous, but I’d still Like to see it corrected.
Considering that Payhip is located at London, they’ve The timezone for the whole site set to BST. Since I’m located in the EST, I will sometimes check my stats at 7PM or afterwards and see that I left 0 earnings for the day because Payhip thinks it’s midnight and its data reveals that.
This is mostly a non-issue, but I Would like to see the capability to correct the site. Where To Sell Digital Products
More Flexibility with Coupon Codes
I know I raved about the voucher Code feature but it’s not quite perfect just yet.
As it currently stands, the only promotion You’re able to run through a coupon code is to get a percent off. I’d like to have the ability to offer a dollar amount from the cost, or the capability to set a sale price that is predetermined.
Right Now, if I Need to put a merchandise that is $27 Available for $10, manually do the math to determine what percent off will render the last price at $10 and I must break out the calculator. I think this is unnecessary and may be improved.
When creating A brand new product in Payhip, you have access to advanced alternatives including —
- Make your product personal.
- Add an ISBN (Internation Standard Book Number) for your eBook.
- Upload sample pages or a few preview.
- To how many copies of your product or market could be Insert a limit number sold.
- Generate a license key that is unique for all your product/eBook sales.
How much does this cost?
Payhip will Cost you to set up or host your digital products. The website takes just 5% commission per transaction fee.
Would I Recommend Payhip?
This leaves us with the burning question: after 2+ years as a seller on Payhip, would you recommend it? Overall, yes. I am a client, but whether or not you should use it depends on your situation.
If you are 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 recommend Payhip. In case you have a huge audience or sell a high-ticket product and know that you’ll be doing at least $1,000 in sales every month, you may want to check into something most cost-efficient.
As of the 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 selling $1,000 a month in total quantity, the math should (in most cases) favor Payhip. But if you’re selling into the thousands, you are probably going to need to decide on Gumroad or start looking into another alternative. This is largely dependent on how many transactions it takes to reach those sales numbers though, so make sure that you crunch the numbers.
Personally, I absolutely love the Payhip Expertise and am thankful for their services. I would like to see them continue to grow and succeed. Where To Sell Digital Products