Intro Where To Sell Products Online
Of all the ways of monetizing blog content, my favorite Strategy is To create and sell digital products like studying design templates and materials. I’ve found that it’s extraordinarily more profitable than running advertisements and products convert at a higher rate compared to an affiliate product that somebody else created. The support I use to facilitate this can be Payhip, and in this article I’ll be sharing what I both like and dislike about the service based in my Payhip expertise for a vendor for 2+ years. Where To Sell Products Online
My Payhip Expertise
If you’ve ever wanted to sell products Through your own website, you are going to want a means to facilitate trades — some sort of infrastructure that will allow a client to select your product, pay for it, and have it immediately delivered to them with whole hands-off automation. Payhip solves this problem.
What is Payhip?
Payhip is An that provides users with the tools and options for hosting and selling products to their customers 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 advantages of utilizing Payhip?
Each online Platform differs, and I have used a couple of these previously.
Having A platform that is so easy to use and one that does not require a massive amount of my time is of utmost significance.
Payhip will Save you a great deal of time too because everything is taken care of on the Payhip platform.
The Advantages that I’ve gained the most from using Payhip include –
- EU VAT is taken care of, and it is a big plus in my book.
- Affordable. The website takes zero charges asides From 5 percent per transaction when you sell a product.
- Accessibility to analytics accounts.
- Access to marketing tools. You have the option to create Social and Coupons discounts.
- Ability to signup, manage and reward your own affiliates.
- Access to merchandise sharing tools. Plus it is possible to embed Your product and Buy Now buttons on blog or your website.
- The ability to setup mailing lists so that your clients can Subscribe and remain current with your electronic products, and more.
- Instant digital product delivery via email link to customers.
What I Enjoy About Payhip
Let us get to the information. After my 2 year Payhip expertise, 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 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 if you have the PayPal and Stripe programs installed on your mobile device, you’ll get notifications each time a sale happens. Where To Sell Products Online
I happen to appreciate this. The excitement of Seeing a brand new sale never gets old. It’s also great to wake up in the morning, reach for your phone, and also see you made X amount of dollars while you’re sleeping, and it is all easily available for you to spend. The caveat to this is Stripe. If your customers card with Stripe, there’ll be a 3 day hold until the money is available. That is Stripe though — Payhip doesn’t hold your money in any way.
No Monthly Charges
Among the things that Payhip originally sold me is that there is no Monthly fees or installation charges — just a simple flat fee of 5% per purchase .
This was appealing to me back 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 to get a similar service like Gumroad. As a relatively new blogger having a small crowd, Payhip was the quickest solution that best match my situation.
Simple To Know Analytics
Payhip’s back end offers an analytics page That lets you see transactions and earnings amounts relative to this day, month, week, year, or any other specified range. Best of all, it is a very straightforward and to-the-point report.
If you used Google Analytics or Facebook analytics, the amount of data you’re immediately smacked in the face with can be somewhat overwhelming, and lots of it is mostly useless also. Payhip just provides you exactly what you are there to see — revenue data. Nothing more, nothing less.
Run Promotions with Coupon Codes
Another advantage users of Payhip encounter is The capacity to conduct promotions by producing coupon codes.
The codes may be Like and for any (or all) products. They could run for whatever duration you want (or even indefinitely,) and the code itself may even be customized to whatever series of text you desire.
I’ve found this to be helpful. Sometimes I’ll run a weekend marketing, post it on Facebook raise the post targeting a pixel audience and I never fail to go ROI positive by it. People do respond to limited time offers. Where To Sell Products Online
Your Own Affiliate Program
Payhip Provides you the ability Readers register as an affiliate of your shop, and if someone buys a product you are able to grant.
This is useful since it allows other people To market your products 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 easily incorporate Payhip with your email marketing provider that is preferred so that if a purchase is made, the email address of the purchaser could be added into a list that is selected.
This is relatively minor 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 upper left corner of every page of a PDF document they have purchased.
So if someone plans to Purchase Your PDF Book make it publicly accessible for free they will need to be fine with their email address being available. I believe that’s a creative means of deterring pirating.
Upload Many Sorts of Files
Payhip is a marketplace for ebooks — You can upload virtually any sort of digital file. Font documents, video/audio documents, photographs, software, etc..
Total Simplicity and Modern Design
1 thing that can’t be overlooked whenever You are selling something is how present your site appears. Individuals don’t trust sites that appear outdated, myself included. If a site looks like it hasn’t been upgraded because the net 2.0 days, I start to wonder if maybe I’m in an abandoned building and placing my payment info into it would pretty much be like throwing my money into a black hole.
That’s not the case with Payhip though. The Site has a layout that is easy and very contemporary. If you should purchase a digital product on the world wide web, this is what you’d anticipate a checkout page by a company to appear like. Where To Sell Products Online
Another thing I enjoy about Payhip is its own Overall simplicity. From the very moment a visitor lands on your product page, Payhip stays out of the way. They display your graphics, sales copy, and just the crucial information (like price.) They do absolutely nothing to interfere with your sale — no self-promotion whatsoever.
Finally, what I enjoy about Payhip is That customer payment information isn’t stored by them, meaning that your customers’ payment details are safe. The payment is managed through Stripe or PayPal, and I prefer it this way as they are successful companies with lots of cash to invest on top-shelf security.
What I Dislike About Payhip
As much as I like Payhip, it’s far from perfect. Here are some things that I dislike about the service and would like to see improved…
No Mobile App
One thing that bugs me about Payhip is that They don’t have a app. It would be convenient to have the ability to start an app while I am out and around and take a look through my data. You do this and can log into the site, but the site is optimized for mobile devices.
I like Payhip, but that is a really Lousy look in 2018. There is no reason you should not have a site optimized for cellular, and once you’ve got that, you ought to be able to easily turn the site itself right into it’s own app so users do not have to manually register in every time they would like to inspect sales information. Users of Payhip encounter a platform when they’re on their devices.
No Upsells or Add-Ons At Checkout
On the checkout page, I’d really like to see an added capability to indicate Other products. By way of example, if they are purchasing a package of logo templates for $5, then I suggest some other product that may interest them they previously didn’t know about, or might provide a bundle of business card templates to get a couple of extra dollars. This is something which websites like Amazon and VistaPrint do.
I can not help but feel as though there’s a Great Deal of money Table — for both myself and Payhip — with no operation. This may improve the Payhip experience for both the vendor and the customer.
Set On A Fixed Timezone
This one is largely frivolous, but I’d still Prefer to see it corrected.
Since Payhip is located in London, they have BST was place to by the working timezone for the whole site. Since I’m located in the EST, I’ll sometimes check my stats at 7PM or afterwards and see that I made 0 sales for the day since Payhip thinks it’s midnight and its information reflects that.
Again, this is largely a non-issue, however I Would like to observe the ability to adjust the site. Where To Sell Products Online
More Flexibility with Coupon Codes
I know I raved about the coupon It’s not perfect, although code feature earlier.
As it now stands, the advertising You can run through a coupon code is for a percentage off. Ideally, I’d like to have the ability to supply a dollar amount off the original cost, or the ability to set a sale price.
At the moment, if I Need to put a merchandise that is $27 Available for $10, I have to break out the calculator and do the math to figure out what percent off will render the cost at $10. I think this is unnecessary and may be made better.
When creating A new product in Payhip, you have access to innovative options including —
- Make your merchandise private.
- Insert an ISBN (Internation Standard Book Number) to your eBook.
- Upload sample pages or a preview.
- To how many copies of eBook or your product could be Insert a limit number sold.
- Create a license key that is unique .
How much does this cost?
Payhip will Cost you nothing or even host your products. The website takes only 5% commission per transaction fee.
Can I Recommend Payhip?
This leaves us with the burning question: after two years as a vendor on Payhip, do you recommend it? Overall, yes. I am a client, but whether you ought to use it depends on your own situation.
If you are a blogger with a small audience And you can not justify spending $10+ per month to get something such as Gumroad, then yes, I would absolutely recommend Payhip. If you market a merchandise that is high-ticket or have a massive audience and know that you’ll do at least $ 1,000 in sales each month, you may want to check into something.
As of this 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 are going to be selling $1,000 per month in total quantity, the math should (typically ) favor Payhip. But if you’re selling into the thousands, you want to decide on Gumroad or start looking into another choice. That is all largely dependent on the number of transactions it takes to achieve those sales numbers though, so be sure that you crunch the numbers on your own.
Personally, I absolutely love the Payhip Experience and am grateful for their services. I would like to see them continue to grow and succeed. Where To Sell Products Online