Background Where To Sell Your Ebook
Of All of the ways of monetizing Articles, my favorite method is Like learning materials and design templates, to create and sell electronic products. I’ve discovered that it’s extraordinarily more profitable than running ads from networks like AdSense, and products convert at a significantly higher rate compared to an affiliate product that someone else created. The service I use to facilitate this can be Payhip, and this article I’ll be sharing what I both like and dislike about the ceremony based in my Payhip expertise for a seller for two + years. Where To Sell Your Ebook
My Payhip Expertise
If you wanted to sell products Through your own website, you’ll want a way to facilitate trades — some sort of infrastructure that will allow a client to select your product, cover it, and also have it immediately delivered to them with whole hands-off automation. Payhip solves this problem.
What is Payhip?
Payhip is An e-commerce platform/website that provides users with the easiest tools and solutions for selling electronic products directly 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.
Which are the benefits of utilizing Payhip?
Each online Platform differs, and I have used a couple of them previously.
For me personally, having A stage that is really easy to use and one that doesn’t take a huge amount of my precious time is of utmost significance.
Payhip will Save you a great deal of time also because everything is taken care of on the Payhip platform.
The Advantages that I’ve gained the most from utilizing Payhip comprise –
- EU VAT is taken care of, and it is a big plus in my book.
- Affordable. The website takes zero fees asides From 5 percent per transaction when you sell a digital product.
- Access to analytics accounts.
- Access to marketing tools. You have the option to create Coupons and social discounts.
- Capability to signup, handle and reward your own affiliates.
- Access to merchandise sharing tools. Plus it is possible to embed Your merchandise and purchase Now buttons on blog or your own website.
- 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 shipping via email link to buyers.
What I Like About Payhip
Let’s get to the information. After my 2+ year Payhip expertise, here’s what I love about the ceremony…
Upgrades Are Instantaneous
Payhip let’s your customers pay with PayPal Or by credit/debit card with Stripe, plus they don’t cover monthly/weekly/quarterly or make you wait around for them to clear some kind of holding period. When a client makes a purchase, the cash is instantly available in your accounts, and if you’ve got the PayPal and Stripe programs installed on your mobile device, you are going to get notifications whenever a sale happens. Where To Sell Your Ebook
I happen to love this. The excitement of Seeing a sale never gets old. In addition, it is great to wake up in the morning, reach to your phone, and see that you made X amount of dollars while you’re sleeping, and it is all easily available for you to spend. The only caveat to this can be Stripe. If your customers pays by card using Stripe, there will be a three day hold until the cash is available. This is all Stripe however — Payhip does not hold your money in any way.
No Monthly Fees
One of the things that Payhip originally sold me on is that there’s no Monthly fees or setup charges — only a simple flat fee of 5% per sale.
This was appealing to me back in 2016 Since, at the moment, my readership was 1/10th of what it is now, and I was not positive I was going to always sell enough product to justify paying a monthly fee for a similar service like 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 analytics page That enables you to see transactions and earnings amounts relative to this day, week, month, year, or any other specified selection. Best of all, it is a report that is to-the-point and straightforward.
If you have ever used Google Analytics or Facebook analytics, the number of data you’re instantly smacked in the face can be a bit overwhelming, and lots of it is mostly useless too. Payhip just provides you what you’re there to view — sales information. Nothing more, nothing less.
Run Promotions with Coupon Codes
Another advantage users of Payhip experience is By creating coupon codes, promotions to run.
The codes may be for any percentage you would Enjoy and for any (or all) products. They can run for whatever duration you want (or even permanently,) and the code itself may even be customized to whatever series of text you desire.
I’ve found this to be useful. Sometimes I’ll run a weekend marketing, post it on Facebook, then boost the post targeting a pixel audience that is re-marketing and I don’t fail to go ROI positive by it. People do respond well to limited time offers. Where To Sell Your Ebook
Your Own Affiliate Program
Payhip gives you the ability to let your Readers sign up as an affiliate of your shop, and you are able to grant, someone buys a product with their customized affiliate link.
This is useful because it allows other Men and Women To market your products and if they have a platform and an audience of their own that they can tap to, the commissions paid will be well worthwhile.
Easy Integration with Email Marketing
You’ll be, if you are into email advertising Able to easily integrate Payhip along with your email marketing supplier so that whenever a purchase is made, the email address of the purchaser could be added to a selected list.
This is minor but I think it’s Pretty cool so I want to give it a reference — if you desire, you can have Payhip postage the buyer’s email address into the top left corner of each page of a PDF document they have bought.
So if someone intends to Purchase Your PDF Book make it available for free somewhere else, they’ll need to be fine with their email address being available. I believe that’s a creative way of deterring pirating.
Upload Most Sorts of Files
Payhip isn’t Only a market for ebooks — It’s possible to upload any kind of digital file. Font documents, video/audio documents, photographs, software, etc..
Total Simplicity and Modern Design
1 thing that can not be overlooked whenever You’re selling something is your site looks. Individuals generally don’t trust sites that look outdated, myself included. If a website looks like it hasn’t been updated since the net 2.0 times, then I begin to wonder if maybe I am in an abandoned building and placing my payment info to it would pretty much be like throwing my money into a black hole.
That is not true with Payhip though. The Website has a easy and very contemporary design. This is exactly what you would anticipate a checkout page by a business to look like In the event that you were to purchase a product on the internet. Where To Sell Your Ebook
Another thing that I enjoy about Payhip is its own In general simplicity. In the very moment a visitor lands on your product page, Payhip remains out of the way. They display your graphics, sales copy, and just the critical information (such as price.) They do absolutely nothing to interfere with your purchase — no self-promotion whatsoever.
Eventually, what I actually like about Payhip is That customer payment information isn’t stored by them, meaning that your clients’ payment details are safe. The payment is managed through Stripe or PayPal, and I prefer it this way because they are successful companies with lots of cash to invest on security.
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 improved…
No Mobile App
1 thing that bugs me around Payhip is that They do not possess a mobile program. It would be convenient to have the ability to start an app while I am out and around and have a look. You do so and can log in to the site, but the site is optimized for mobile devices.
I enjoy Payhip, but that is a really Bad appearance in 2018. There is no reason you should not have a site optimized for cellular, and when you have that, you ought to be able to easily turn the website itself into it’s own program so users don’t need to manually register in every time they want to check sales data. Users of Payhip encounter a better platform when they’re on their devices.
No Upsells or Add-Ons In Checkout
On the checkout page, I’d really like to see an ability to indicate Other products. If they are purchasing a bundle of templates for $5, I propose, or might offer a package of business card templates for a couple of dollars. This is something which websites like VistaPrint and Amazon do quite well.
I can not help but feel as though there is a Great Deal of money Table — for myself and Payhip — without this operation. This could improve the Payhip experience for both the customer and the seller.
Establish On A Fixed Timezone
This one is frivolous, but I had still Like to see it corrected.
Considering that Payhip is located in London, they’ve BST was place to by The functioning timezone for the entire site. Since I’m located in the EST, I will sometimes check my analytics at 7PM or afterwards and see that I left 0 earnings for the day because Payhip thinks it’s midnight and its own information reveals that.
This is mostly a non-issue, however I Would love to observe the capability to correct the website to your timezone. Where To Sell Your Ebook
More Flexibility with Coupon Codes
I know I raved about the coupon Code feature earlier, but it is not perfect just yet.
As it stands, the promotion You can run through a coupon code. I’d like to have the ability to supply a dollar amount from the initial price, or the ability to set a sale price that is specified.
At the moment, if I Need to put a merchandise Available for $10, do the math to determine what percent off would render the price at $10 and I must break out the calculator. I think that is unnecessary and may be made better.
When creating A brand new product in Payhip, you also have access to innovative options including —
- Make your merchandise personal.
- Insert an ISBN (Internation Standard Book Number) to your eBook.
- Upload a sample or preview pages.
- Add a limit amount to the number of copies of eBook or your product could be sold.
- Create a license key that is exceptional for all your product/eBook sales.
Just how much does it cost?
Payhip will Cost you to set up or host your products. The site takes just 5 percent commission per trade fee.
Can I Recommend Payhip?
This leaves us with the burning question: after two + years as a vendor on Payhip, would you recommend it? Total, yes. I am very much a client, but whether you should use it depends upon your own situation.
If you’re a new blogger with a small audience And you can not justify spending $10+ per month to get something like Gumroad, then yes, I would recommend Payhip. However, in case you sell a product that is high-ticket or have a huge audience and know that you’ll be doing at least $ 1,000 in sales each month, you might want to check into something most cost effective.
As of the date of the writing, Payhip functions On a set 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 less than $1,000 a month in total quantity, the math should (in most cases) favor Payhip. But if you are selling into the thousands, you’ll probably want to go with Gumroad or look into some choice. This is mostly dependent on how many transactions it takes to reach those sales numbers though, so be sure that you crunch the numbers on your own.
Personally, I absolutely love the Payhip Experience and am thankful for their solutions. I would like to see them continue to grow and succeed. Where To Sell Your Ebook