Intro Who Sells Ebooks
Of all the ways of monetizing content that is blog, my favorite method is Like learning design templates and materials to create and sell products. I have found that it’s extraordinarily profitable than running advertisements from networks like AdSense, and self-made products convert at a much greater speed than an affiliate product that someone else created. The service I use to ease this can be Payhip, and in this post I will be discussing what I both like and dislike about the service based on my Payhip expertise as a vendor for 2+ years. Who Sells Ebooks
My Payhip Expertise
If you wanted to sell products Through your own site, you’ll want a means to facilitate trades — some sort of infrastructure which will enable a customer 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 customers with options and the tools for promoting electronic products to their customers and hosting 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 in the past.
Having A platform that is easy to use and one that doesn’t take a massive amount of my valuable time is of paramount significance.
Payhip will Save you a great deal of time 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 cared for, and it can be a big plus in my book.
- Affordable. The site takes zero fees asides From 5 percent per trade when you sell a item.
- 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 affiliates.
- Access to merchandise sharing programs . Plus it is possible to embed Purchase and your product Now buttons on blog or your own website.
- The ability to set mailing lists so that your customers can Subscribe and stay up to date with your goods, and more.
- Instant digital merchandise delivery via email link to buyers.
What I Like About Payhip
Let us get to the information. After my two year Payhip experience, here’s what I love about the ceremony…
Payments Are Instantaneous
Payhip let’s your customers pay with PayPal Or from credit/debit card using Stripe, and they don’t cover 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 account, and in case you have the PayPal and Stripe programs installed on your mobile device, you are going to get notifications whenever a sale happens. Who Sells Ebooks
I happen to love this. The excitement of Seeing a new sale never gets older. In addition, it is good 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 readily available for you to spend. The caveat to this is Stripe. If your clients pays by card with Stripe, there’ll be a three day hold until the cash is available. This is Stripe however — Payhip does not hold your money in any way.
No Monthly Charges
One of the things that Payhip initially sold me on is that there is no Monthly fees or installation charges — only a simple flat charge of 5% per sale.
This was appealing to me back in 2016 Since, at the moment, my readership was less than 1/10th of what it is now, and that I was not positive that I was going to consistently sell enough product to warrant paying a monthly fee to get a similar service such as Gumroad. As a relatively new blogger having a small audience, 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 trades and earnings quantities relative to the day, month, week, year, or any other specified selection. Best of all, it’s a report that is to-the-point and really simple.
If you have used Google Analytics or Facebook analytics, the number of data you’re instantly smacked in the face can be somewhat overwhelming, and a lot of it’s largely useless too. Payhip just gives you exactly what you’re there to view — sales data. Nothing more, nothing less.
Run Promotions with Coupon Codes
Another advantage users of Payhip experience is By producing coupon codes promotions to conduct.
The codes can be Like and for any (or all) products. They can run for any length you want (or even permanently,) along with the code itself can even be customized to whatever series of text you would like.
I have found this to be very helpful. Occasionally I will conduct a weekend promotion, post it on Facebook, then boost the article targeting a pixel re-marketing audience and I never fail to go ROI positive with it. People do respond to limited time offers. Who Sells Ebooks
Your Own Affiliate Program
Payhip gives you the capability to let your Readers sign up as an affiliate of your shop, and whenever someone buys a product you can grant them a commission of whatever percent you’d like.
This is useful since it allows other people To market your merchandise 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 are into advertising Able to integrate Payhip along with your email marketing supplier that is preferred so that a sale is made, the email address of the purchaser could be added to a listing that is chosen.
That is relatively small 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 every page of a PDF document they’ve purchased.
So if someone plans to Purchase Your PDF Publication make it publicly available for free somewhere else, they will have to be okay with their email address being publicly accessible as well. I believe that is a way of deterring pirating.
Upload Many Kinds of Files
Payhip is a marketplace for ebooks — It’s possible to upload virtually any kind of file. Font files, video/audio documents, photos, software, etc..
Total Simplicity and Modern Design
One thing that can’t be overlooked whenever You’re selling something is your site looks. Individuals generally don’t trust sites that appear outdated, myself included. If a site looks like it hasn’t been upgraded because the net 2.0 times, then I start to wonder if maybe I’m in an abandoned building and putting my payment information to it would pretty much be just like throwing my money into a black hole.
That’s not the case with Payhip though. The Site has a layout that is very contemporary and simple. This is exactly what you would anticipate a checkout page by a company In the event that you were to buy a digital product on the world wide web. Who Sells Ebooks
Another thing I like about Payhip is its In general simplicity. In the very second a visitor lands on your product page, Payhip stays out of the way. They display your images, sales copy, and just the crucial info (like price.) They do nothing to interfere with your sale — no self-promotion whatsoever.
Finally, what I actually like about Payhip is That they don’t store customer payment information, meaning that your clients’ payment details are secure. The payment is totally managed through PayPal or Stripe, and I prefer it that way because they’re big, successful companies with a lot of cash.
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 do not possess a mobile app. It’d be convenient to be able to open an app while I’m out and around and have a look. The site isn’t optimized for mobile devices, although you do this and can log into the site.
I like Payhip, but that is a very Lousy look in 2018. There is no reason you shouldn’t have a website optimized for cellular, and once you have that, you should be able to easily turn the website itself right into it’s own program so users don’t have to manually register in every time they would like to check sales data. Users of Payhip encounter a much better platform when they’re on their devices.
No Upsells or Add-Ons In Checkout
On the checkout page, I’d like to see an added capability to indicate Other products. By way of instance, if they are buying a package of templates for $5, I could offer a bundle of business card templates or propose. This is something which websites like VistaPrint and Amazon do quite well.
I can’t help but feel like there is a Great Deal of money Table — for both myself and Payhip — without this functionality. This could improve the Payhip encounter for both the vendor and the client.
Set On A Fixed Timezone
This one is mostly frivolous, but I’d still Prefer to see it corrected.
Since Payhip is located in London, they’ve The functioning timezone for the whole website set to BST. Since I am located in the EST, I will occasionally check my stats at 7PM or afterwards and see that I made 0 sales for the day since Payhip thinks it is midnight and its information reveals that.
Again, this is mostly a non-issue, however I Would like to see the capability to adjust the website. Who Sells Ebooks
More Flexibility with Coupon Codes
I know I raved about the voucher Code feature but it is not quite perfect.
As it stands, the only advertising You can run via a voucher code. I’d love to have the ability to offer a dollar amount off the cost, or the capability to set a sale price that is specified.
Right Now, if I want to put a merchandise Available for $10, manually do the math to determine what percentage off will render the final cost and I have to break out the calculator. I believe this is unnecessary and could be improved.
When creating A new product in Payhip, you also have access to advanced alternatives including —
- Make your product private.
- Insert an ISBN (Internation Standard Book Number) to your eBook.
- Publish sample pages or a preview.
- Add a limitation amount sold.
- Create a license key that is exceptional .
How much does this cost?
Payhip will Cost you to establish or even host your electronic products. The site takes just 5 percent commission per trade fee.
Would I Recommend Payhip?
This leaves us with the burning question: after 2years as a seller on Payhip, would you recommend it? Overall, yes. I am very much a satisfied customer, but whether you should use it depends upon your own situation.
If you’re a blogger with a small audience And you can’t justify spending $10+ per month to get something like Gumroad, then yes, I would recommend Payhip. In case you know that you’ll do at least $ 1,000 in sales each month and sell a merchandise that is high-ticket or have a massive audience, you might want to check into something.
As of this date of this 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 a month.
If you are going to be selling $1,000 per month in total quantity, the math should (typically ) prefer Payhip. But if you’re selling into the thousands, you’ll probably want to decide on Gumroad or start looking into another alternative. That is all dependent on how many transactions it takes to achieve those sales numbers so be sure that you crunch the numbers.
Personally, I absolutely love the Payhip Experience and am really grateful for their solutions. I want to see them continue to grow and succeed. Who Sells Ebooks