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Of all the ways of monetizing Articles that is blog, my favorite method is To create and sell products such as learning layout templates and materials. I’ve discovered that it is extraordinarily rewarding than running ads from networks like AdSense, and self explanatory products convert at a much higher rate compared to an affiliate product that someone else created. The service I use to ease this can be Payhip, and this post I’ll be discussing what I both like and dislike about the service based on my Payhip expertise as a vendor for 2+ years. WordPress Digital Download Plugin
My Payhip Experience
If you wanted to market products Through your own website, you’ll want a way to facilitate trades — some sort of infrastructure which will enable a client to select your product, pay for it, and have it immediately delivered to them with whole hands-off automation. Payhip solves this issue.
What is Payhip?
Payhip is An e-commerce platform/website that provides users with solutions and the easiest tools for hosting and selling electronic products to their clients online.
The Provider Was co-founded by Abs Farah and Kahin Farah and is currently based in my capital city of London.
Which are the advantages of utilizing Payhip?
Each online Platform is different, and I have used a couple of them previously.
Having A platform that is so easy to use and one that doesn’t take a massive amount of my time that is precious is of utmost importance.
Payhip will Save a great deal of time because everything is cared for on the Payhip platform.
The Benefits that I’ve gained the most from using Payhip comprise –
- EU VAT is taken care of, which can be a huge plus in my book.
- Affordable. The site takes zero fees asides From 5% per trade when you sell a product that is digital.
- Accessibility to analytics reports.
- Access to advertising tools. You have the option to create Coupons and social discounts.
- Capability to signup, handle and reward your affiliates.
- Access to product sharing programs . Plus you can embed Your product and Buy Now buttons right on blog or your site.
- The ability to set mailing lists so that your customers can Subscribe and remain up to date with your digital products, and much more.
- Instant digital product delivery via email link to customers.
What I Like About Payhip
Let’s get to the information. After my 2 year Payhip experience, Here Is What I love about the ceremony…
Payments Are Instantaneous
Payhip let’s your customers pay with PayPal Or by credit/debit card using Stripe, and they do not pay out monthly/weekly/quarterly or force you to wait around for them to clean some sort of holding period. When a customer makes a purchase, the cash is immediately available on your accounts, and in case you have the PayPal and Stripe apps installed on your mobile device, you are going to get notifications whenever a sale happens. WordPress Digital Download Plugin
I happen to love this. The excitement of Seeing a sale never gets older. In addition, it is good to awake in the morning, reach to your telephone, and also see you made X amount of dollars while you were sleeping, and it’s all easily available for you to spend. The caveat to this can be Stripe. If your clients card using Stripe, there will be a 3 day hold before the cash is available. That is all Stripe however — Payhip does not hold your cash in any way.
No Monthly Charges
Among the things that Payhip initially sold me on is that there is no Monthly charges or installation charges — only a simple flat fee of 5% per purchase .
This was attractive to me in 2016 Because, at the time, 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 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 situation.
Simple To Know Analytics
Payhip’s back end offers an analytics page That enables you to see trades and earnings amounts relative to the day, week, month, year, or some other given selection. On top of that, it’s a report that is very simple and to-the-point.
If you used Google Analytics or Facebook analytics, the number of information you are immediately smacked in the face can be a bit overwhelming, and lots of it’s mostly useless too. Payhip just provides you what you’re there to see — revenue information. Nothing more, nothing less.
Run Promotions with Coupon Codes
Another benefit users of Payhip encounter is The capacity to run promotions.
The codes may 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 string of text you would like.
I have found this to be helpful. Sometimes I’ll run a weekend marketing, post it on Facebook, then boost the post targeting a pixel re-marketing audience and I don’t fail to go ROI positive by it. People do respond well to limited time offers. WordPress Digital Download Plugin
Your Own Affiliate Program
Payhip Provides you the ability Readers register as an affiliate of your shop, and you can grant someone buys a product using their custom affiliate link.
This is useful since it allows other people To market your merchandise for you, the commissions paid will be worthwhile and should they have an audience of their own and a platform they can tap to.
Easy Integration with Email Marketing
You’ll be, if you are into marketing Able to readily integrate Payhip along with your email advertising provider so that if a sale is made, the purchaser’s email address can be added into a selected listing.
This is minor but I think it’s Pretty cool so I wish to give it a mention — if you desire, you’ll have Payhip stamp the purchaser’s email address to the upper left corner of every page of a PDF document they’ve bought.
So if someone intends to buy your PDF Book then make it publicly available for free somewhere else, they’ll have to be fine with their email address being publicly available also. I believe that’s a way of deterring pirating.
Upload Most Sorts of Files
Payhip is a marketplace for ebooks — You can upload any kind of electronic file. Font documents, video/audio documents, photographs, software, etc..
Total Simplicity and Modern Design
One thing that can not be overlooked whenever You are selling something is your site looks. People generally don’t trust websites which appear obsolete, myself included. If a website looks like it hasn’t been updated because the web 2.0 times, then I begin to wonder if perhaps I am in an abandoned building and placing my payment info to it’d pretty much be just like throwing my money into a black hole.
That’s not true with Payhip though. The Website has a design. This is what you’d expect a checkout page from a business to appear like if you should purchase a product on the world wide web. WordPress Digital Download Plugin
Another thing that I enjoy about Payhip is its own In general 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 (like price.) They do nothing to interfere with your purchase — no.
Eventually, what I enjoy about Payhip is That customer payment information isn’t stored by them, meaning that your clients’ payment details are safe. The payment is handled through PayPal or Stripe, and I prefer it this way as they’re successful companies with lots of money to spend on 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 ceremony and would like to see improved…
No Mobile App
1 thing that bugs me around Payhip is that They don’t have a mobile app. It’d be convenient to be able to open an app while I am out and about and take a look through my sales data. The website is optimized for mobile devices, although you may log in to the website and do so.
I enjoy Payhip, but this is a very Lousy appearance in 2018. There’s no reason you shouldn’t have a website optimized for mobile, and once you have that, you should be able to easily turn the website itself into it’s own program so users don’t have to manually register in every time they want to inspect sales data. Users of Payhip encounter a platform when they’re on their cellular devices.
No Upsells or Add-Ons In Checkout
On the checkout page, I would like to see an ability that is Extra to indicate Other products similar to what the client is about to buy. If they are purchasing a package of logo templates for $5, then I suggest, or could provide a package of business card templates for a few bucks. This is something that websites like Amazon and VistaPrint do.
I can not help but feel like there is a Great Deal of money Table — for both myself and Payhip — with no functionality. This could improve the Payhip experience for both the client and the vendor.
Set On A Fixed Timezone
This one is mostly frivolous, but I’d still Prefer to see it fixed.
Since Payhip is located in London, they have The working timezone for the website set to BST. Since I am located in the EST, I’ll occasionally check my stats at 7PM or afterwards and see that I made 0 sales for the day because Payhip believes it is midnight and its own information reveals that.
This is a non-issue, however I Would love to observe that the capability to adjust the website. WordPress Digital Download Plugin
More Flexibility with Coupon Codes
I know I raved about the voucher It’s not quite perfect yet, although Code attribute earlier.
As it now stands, the sole advertising You’re able to run through a voucher code is for a percentage off. I’d like to be able to offer a dollar amount off the initial cost, or the capability to set a sale price that is predetermined.
Right Now, if I want to place a merchandise On sale for $10, do the math to determine what percent off would render the price at $10 and I must break out the calculator. I believe 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 private.
- Insert an ISBN (Internation Standard Book Number) for your eBook.
- Publish a few sample or preview pages.
- Add a limit number to the number of copies of market or your product could be sold.
- Generate a license key that is exceptional .
How much does this cost?
Payhip will Cost you nothing or even host your electronic products. The site takes only 5% commission per transaction fee.
Would I Recommend Payhip?
This leaves us with the burning question: after 2years as a vendor on Payhip, would you recommend it? Total, yes. I am very much a customer, but whether or not you should use it depends on your situation.
If you’re a new blogger with a small audience And you can’t justify spending $10+ per month for something like Gumroad, then yes, I would recommend Payhip. If you know that you’ll do at least $ 1,000 in sales each month and market a merchandise that is high-ticket or have a huge audience, you may want to check into something.
As of the date of the writing, Payhip functions On a set fee of 5 percent of each sale. Gumroad’s fee is now 3.5% + $0.30 per transaction + $10 per month.
If you’re going to be selling less than $1,000 per month in total quantity, the mathematics should (in most cases) favor Payhip. But if you are selling into the thousands, you are probably going to want to decide on Gumroad or start looking into some other alternative. This is mostly dependent on how many transactions it takes to achieve those sales numbers so make sure that you crunch the numbers for yourself.
Personally, I love the Payhip Experience and am thankful for their services. I want to see them continue to grow and succeed. WordPress Digital Download Plugin