Introduction Where To Sell Goods
Of all the ways of Creating blog content, my favorite Strategy is Such as learning layout templates and materials to create and sell electronic products. I’ve discovered that it is extraordinarily profitable than running advertisements from networks like AdSense, and self-made products convert at a higher speed compared to an affiliate product that somebody else created. The support I use to facilitate this can be Payhip, and in this post I’ll be sharing what I like and dislike about the service based in my Payhip experience as a vendor for 2+ years. Where To Sell Goods
My Payhip Experience
If you wanted to market products Through your own site, you are going to need a way to facilitate transactions — some kind of infrastructure which will enable a client to select your product, pay for it, and also have it instantaneously delivered to them with whole hands-off automation. Payhip solves this problem.
Payhip is An that provides users with the simplest tools and solutions for selling products to their customers and hosting online.
The company Was co-founded by Abs Farah and Kahin Farah and is currently based in my capital city of London.
What are the advantages of using Payhip?
Each online Platform differs, and I have used a couple of these in the past.
Having A platform that is really easy to use and one that does not take a massive amount of my valuable time is of utmost significance.
Payhip will Save you a great deal of time 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 can be a huge plus in my book.
- Affordable. The website takes zero fees asides From 5 percent per trade when you sell a digital product.
- Access to analytics reports.
- Access to advertising tools. You have the option to make Coupons and social discounts.
- Capability to signup, manage and reward your own affiliates.
- Access to product sharing tools. Plus you can embed Buy and your merchandise Now buttons on your own site or blog.
- The ability to setup mailing lists so that your clients can Subscribe and remain up to date with your products, and more.
- Immediate digital product delivery via email link to customers.
What I Enjoy About Payhip
Let’s get to the details. After my two + year Payhip experience, Here Is What I love about the service…
Upgrades Are Instantaneous
Payhip let us your customers pay with PayPal Or from credit/debit card using Stripe, and 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 client makes a purchase, the cash is immediately available in your accounts, and if you have the PayPal and also Stripe apps installed on your mobile device, you are going to get notifications whenever a sale occurs. Where To Sell Goods
I happen to love this. The excitement of Seeing a new sale never gets older. It’s also good to wake up in the morning, reach to your phone, and also see that you made X number 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 pays by card using Stripe, there will be a 3 day hold until the money is available. That is all Stripe however — Payhip does not hold your money at all.
No Monthly Fees
Among the things that Payhip initially sold me is that there’s no Monthly charges or setup charges — only a simple flat fee of 5 percent per sale.
This was attractive to me back in 2016 Since, at the moment, my readership was less than 1/10th of what it is now, and I was not positive that I was likely to consistently sell enough product to warrant paying a monthly fee for a similar service like Gumroad. As a relatively new blogger having a little 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 see transactions and earnings amounts relative to the day, month, week, year, or some other given range. On top of that, it is a report that is to-the-point and very simple.
If you’ve used Google Analytics or Facebook analytics, the amount of data you are instantly smacked in the face can be somewhat overwhelming, and lots of it’s mostly useless too. Payhip just gives you exactly what you are there to see — sales data. Nothing more, nothing less.
Run Promotions with Coupon Codes
Another advantage users of Payhip experience is The capacity to conduct promotions.
The codes may be Enjoy and for any (or all) products. They can run for any duration you want (or even permanently,) along with the code itself can even be customized to whatever string of text you would like.
I’ve found this to be somewhat useful. Sometimes I will run a weekend marketing, place it on Facebook boost the post targeting a pixel re-marketing audience and I never fail to go ROI positive with it. People do respond well to limited time offers. Where To Sell Goods
Your Own Affiliate Program
Payhip gives you the ability Readers register as an affiliate of your store, and you are able to grant them a commission of whatever percentage you’d like, someone purchases a product using their custom affiliate link.
This is useful since it allows people To sell your products for you, the commissions paid will be well worthwhile and if they have an audience of their own and a platform they can tap into.
Easy Integration with Email Marketing
You will be, if you’re into advertising Able to integrate Payhip along with your preferred email advertising supplier so that a purchase is made, the email address of the purchaser can be added into a list that is chosen.
This is minor but I think it’s Pretty cool so I wish to give it a reference — if you so desire, you’ll have Payhip postage the buyer’s email address into the top left corner of each page of a PDF document they’ve bought.
So if someone intends to Purchase Your PDF Book subsequently make it accessible for free they will have to be fine with their email address being accessible. I think that is a way of deterring pirating.
Upload Most Kinds of Files
Payhip is not just a marketplace for ebooks — You can upload just about any kind of file. Font files, video/audio documents, photos, software, etc..
Overall Simplicity and Modern Design
One thing that can not be overlooked whenever You are selling something is your site appears. Individuals don’t trust websites which look obsolete, myself included. If a site looks like it has not been updated because the web 2.0 times, then I start to wonder if perhaps I’m in an abandoned construction and placing my payment info into it would pretty much be just like throwing my money into a black hole.
That is not true with Payhip though. The Website has a very contemporary and simple design. If you were to buy a digital product this is exactly what you would anticipate a checkout page from a trusted company. Where To Sell Goods
Another thing that I like about Payhip is its own Overall simplicity. From 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 sale — no self-promotion whatsoever.
Finally, what I enjoy about Payhip is That customer payment info isn’t stored by them, meaning your customers’ payment details are secure. The payment is completely handled through Stripe or PayPal, and I prefer it that way as they’re successful companies with lots of cash.
What I Dislike About Payhip
As much as I enjoy Payhip, it is far from perfect. Here are some things that I dislike about the ceremony and would like to see enhanced…
No Mobile App
One thing that bugs me around Payhip is that They don’t have a app. It would be convenient to have the ability to open an app while I am out and about, and have a look. You do this and can log in to the site, but the website isn’t even optimized for mobile devices.
I enjoy Payhip, but that is a very Lousy appearance in 2018. There’s no reason you shouldn’t have a website optimized for cellular, and when you’ve got that, you should be able to easily turn the website itself right into it’s own app so users do not need to manually register in every time they would like to inspect sales data. Permit users of Payhip encounter a better 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 indicate Other products. By way of example, if they’re buying a package of logo templates for $5, then I suggest, or might provide a bundle of business card templates for a few added dollars. This is something which sites like Amazon and VistaPrint do well.
I can not 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 seller and the client.
Set On A Fixed Timezone
This one is frivolous, but I Prefer to see it corrected.
Considering that Payhip is located at London, they’ve The functioning timezone for the website set to BST. Since I’m found in the EST, I’ll occasionally check my analytics at 7PM or afterwards and see that I made 0 sales for the day since Payhip thinks it’s midnight and its own information reveals that.
This is largely a non-issue, but I Would like to observe the capability to adjust the website to your timezone. Where To Sell Goods
More Flexibility with Coupon Codes
I know I raved about the voucher Code feature earlier, but it is not quite perfect just yet.
As it stands, the only promotion You can run via a voucher code. I’d love to have the ability to offer a dollar amount off the original price, or the capability to set a predetermined sale price.
At the moment, if I want to put a merchandise that is $27 Available for $10, manually do the math to figure out what percentage off would render the cost and I must break out the calculator. I think this is unnecessary and may be made better.
When creating A new product in Payhip, you also have access to innovative options including —
- Make your product personal.
- Insert an ISBN (Internation Standard Book Number) to your eBook.
- Publish sample pages or a preview.
- To the number of copies of your product or eBook can be add a limitation amount sold.
- Create a unique license key for all your product/eBook revenue.
Just how much does it cost?
Payhip will Cost you or even host your electronic products. The website takes just 5% commission per trade fee.
Would I Recommend Payhip?
This leaves us with the burning question: after two years as a seller on Payhip, would you recommend it? Total, yes. I am very much a happy customer, but whether or not you should use it depends on your own situation.
If you are a new blogger with a small audience And you can not justify spending $10+ per 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 every month and market a high-ticket product or have a huge audience, you may want to look into something.
As of the date of the 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 per month.
If you’re going to be selling $1,000 per month in total quantity, the math should (typically ) favor Payhip. But if you are selling into the thousands, you want to decide on Gumroad or start looking into some other alternative. This is all dependent on how many transactions it requires to achieve those sales numbers, however, so make sure that you crunch the numbers for yourself.
Personally, I love the Payhip Experience and am really thankful for their solutions. I would like to see them continue to grow and succeed. Where To Sell Goods