Introduction Woocommerce Digital Products
Of All of the ways of monetizing blog content, my favorite Strategy is Like learning materials and design templates to create and sell digital products. I’ve found that it’s extraordinarily more profitable than running ads from networks like AdSense, and products convert at a greater rate than an affiliate product that someone else created. The support I use to ease this can be Payhip, and this article I will be sharing what I both like and dislike about the ceremony based on my Payhip expertise for a seller for two + years. Woocommerce Digital Products
My Payhip Experience
If you have ever wanted to sell products Through your own site, you are going to need a means to facilitate trades — some sort of infrastructure that will allow a client to select your goods, pay for it, and also have it instantaneously delivered to them with complete hands-off automation. Payhip solves this problem.
Payhip is An that provides customers with the tools and options for promoting electronic products to their clients 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 benefits of using Payhip?
Each online Platform is different, and I’ve used a couple of these in the past.
Having A platform that is simple to use and one that doesn’t require a massive amount of my precious time is of utmost significance.
Payhip will Save a lot 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 cared for, and it can be a huge plus in my book.
- Affordable. The website takes zero charges asides From 5% per transaction when you sell a digital product.
- Access to analytics reports.
- Access to marketing tools. You have the option to create Coupons and societal discounts.
- Capability to signup, manage and reward your own affiliates.
- Access to merchandise sharing programs . Plus you can embed Your product and purchase Now buttons right on blog or your website.
- The ability to setup mailing lists so that your customers can Subscribe and remain current with your goods, and much more.
- Immediate digital product shipping via email link to customers.
What I Enjoy About Payhip
Let us get to the information. After my 2 year Payhip expertise, here’s what I really like about the ceremony…
Upgrades Are Instantaneous
Payhip let us your customers pay with PayPal Or from credit/debit card using Stripe, plus they don’t pay out monthly/weekly/quarterly or make you wait for them to clean some sort of holding period. When a customer makes a purchase, the cash is immediately available on your account, and in case you’ve got the PayPal and Stripe apps installed on your mobile device, you are going to receive notifications each time a sale happens. Woocommerce Digital Products
I happen to appreciate this. The excitement of Seeing a sale that is new never gets old. It’s also great to awake in the morning, reach to your telephone, and see you made X number of dollars while you were sleeping, and it’s all readily available for you to spend. The caveat to this is Stripe. If your clients card with Stripe, there will be a 3 day hold until the cash is available. That is Stripe though — Payhip does not hold your cash in any way.
No Monthly Fees
Among those things that Payhip originally sold me 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 back Because, at the time, my readership was 1/10th of what it’s now, and I wasn’t positive that I was likely to always sell enough product to warrant paying a monthly fee for a similar service like Gumroad. As a relatively new blogger with a little audience, Payhip was the no-risk solution that best fit my scenario.
Easy To Know Analytics
Payhip’s back end offers an page That enables you to see trades and earnings quantities relative to the day, week, month, year, or some other given selection. On top of that, it is a to-the-point and simple report.
If you have ever used Google Analytics or Facebook analytics, the number of information you’re immediately smacked in the face with can be somewhat overwhelming, and a lot of it’s largely useless also. Payhip just provides you exactly what you are there to see — sales data. Nothing more, nothing less.
Run Promotions with Coupon Codes
Another benefit users of Payhip experience is By producing coupon codes promotions to run.
The codes can be Like and for any (or all) products. They can run for any length you’d like (or even indefinitely,) along with the code itself may even be customized to whatever series of text you would like.
I’ve found this to be somewhat useful. Sometimes I will run a weekend promotion, place it on Facebook, then raise the article targeting a pixel audience that is re-marketing and I never fail to go ROI positive by it. People do respond well to limited time offers. Woocommerce Digital Products
Your Own Affiliate Program
Payhip gives you the ability to let your Readers sign up as an affiliate of your shop, and if someone buys a product you are able to grant.
This is useful since it allows other Men and Women To market your merchandise the commissions paid will be well worth it, and if they have a stage and an audience of their own that they can tap into.
Easy Integration with Email Marketing
You’ll be, if you are into email marketing Able to incorporate Payhip along with your email advertising supplier that is chosen so that a sale is made, the purchaser’s email address could be added to a listing.
That is relatively minor but I think it’s Pretty cool so I wish to give it a reference — if you desire, you can have Payhip stamp the buyer’s email address to the upper left corner of each page of a PDF document they’ve bought.
So if someone intends to Purchase Your PDF Publication make it publicly available for free somewhere else, they will need to be fine with their personal email address being available. I think that is a really creative way of deterring pirating.
Upload Most Sorts of Files
Payhip is not Only a marketplace for ebooks — You can upload virtually any sort of file. Font files, video/audio documents, photographs, software, etc..
Overall Simplicity and Modern Design
One thing that can’t be overlooked whenever You’re selling something is your site appears. People don’t trust myself included. If a site looks like it hasn’t been updated since the web 2.0 times, then I start to wonder if perhaps I am in an abandoned construction and placing my payment information to it would pretty much be just like throwing my money into a black hole.
That’s not true with Payhip though. The Website has a design that is easy and very contemporary. This is exactly what you’d anticipate a checkout page from a trustworthy company to look like, if you should purchase a product on the internet. Woocommerce Digital Products
Another thing I like about Payhip is its Overall simplicity. In the a visitor lands on your product page, Payhip stays out of the way. They display your images, sales copy, and just the critical info (such as price.) They do nothing to interfere with your sale — no.
Eventually, what I actually enjoy about Payhip is That customer payment info isn’t stored by them, meaning your clients’ payment details are safe. The payment is managed through PayPal or Stripe, and I prefer it that way because they are successful companies with lots of money.
What I Dislike About Payhip
As much as I enjoy Payhip, it’s far from perfect. Here are some items that I dislike about the service and would like to see enhanced…
No Mobile App
1 thing that bugs me about Payhip is that They do not possess a program. It’d be convenient to be able to open an app and take a look during my sales data while I’m out and about. The site is optimized for mobile devices, although you do this and may log in to the site.
I like Payhip, but this is a really Bad appearance in 2018. There is no reason you should not have a site optimized for mobile, and when you’ve got that, you should be able to easily turn the site itself right into it’s own app so users don’t need to manually sign in every time they want to inspect sales information. Let users of Payhip experience a platform when they are on their cellular devices.
No Upsells or Add-Ons In Checkout
On the checkout page, I would like to see an added capability to suggest Other products similar to what the customer is about to buy. By way of instance, if they’re buying a bundle of logo templates for $5, then I suggest some other product which may interest them that they didn’t know about, or might offer a bundle of business card templates to get a couple of added dollars. This is something which sites like VistaPrint and Amazon do.
I can not help but feel like there’s a Great Deal of money Table — for myself and Payhip — with no operation. This may improve the Payhip encounter for both the customer and the seller.
Establish On A Fixed Timezone
This one is frivolous, but I Like to see it corrected.
Considering that Payhip is located at London, they’ve The working timezone for the website place 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 earnings for the day since Payhip thinks it’s midnight and its information reflects that.
Again, this is largely a non-issue, but I Would love to see that the capability to adjust the site. Woocommerce Digital Products
More Flexibility with Coupon Codes
I know I raved about the voucher It’s not perfect, although code feature earlier.
As it stands, the sole advertising You can run through a coupon code is to get a percent off. Ideally, I’d love to have the ability to offer a dollar amount from the cost, or the ability to set a sale price that is specified.
Right Now, if I Need to place a $27 merchandise Available for $10, I must break out the calculator and manually do the math to figure out what percentage off would render the final price. I believe that is unnecessary and could be improved.
When creating A new product in Payhip, you also have access to advanced alternatives which include —
- Make your merchandise personal.
- Add an ISBN (Internation Standard Book Number) for your eBook.
- Publish a preview or sample pages.
- Insert a limitation number to how many copies of your product or market can be sold.
- Create a license key that is unique .
Just how much does it cost?
Payhip will Cost you nothing to establish or host your digital products. The site takes just 5 percent commission per transaction fee.
Would I Recommend Payhip?
This leaves us with the burning question: after 2+ years as a vendor on Payhip, would you recommend it? Overall, yes. I am a client, but whether you ought to use it depends upon your own situation.
If you are a new blogger with a small audience And you can’t justify spending $10+ a month for something such as Gumroad, then yes, I would absolutely recommend Payhip. But in case you sell a merchandise that is high-ticket or have a huge audience and know you’ll be doing at least $ 1,000 in sales each month, you might want to look into something most cost effective.
As of the date of this writing, Payhip functions On a flat fee of 5 percent of every sale. Gumroad’s fee is currently 3.5% + $0.30 per transaction + $10 a month.
If you’re going to be promoting less than $1,000 per month in total volume, the math should (typically ) favor Payhip. But if you are selling well into the thousands, you are probably going to want to decide on Gumroad or look into another alternative. This is largely dependent on how many transactions it takes to achieve those sales numbers so make certain to crunch the numbers for yourself.
Personally, I love the Payhip Experience and am really grateful for their solutions. I want to see them continue to grow and succeed. Woocommerce Digital Products