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Of all the ways of monetizing blog Articles, my favorite method is To create and sell products. I have discovered that it’s extraordinarily rewarding than running advertisements and products convert at a much greater speed than an affiliate product that somebody else created. The service I use to facilitate this can be Payhip, and in this post I will be sharing what I like and dislike about the ceremony based on my Payhip expertise as a seller for 2+ years. WordPress Digital Downloads
My Payhip Experience
If you have ever wanted to market digital products Through your own site, you’ll need a means to facilitate transactions — some kind of infrastructure that will allow a customer to select your product, pay for it, and have it instantaneously delivered to them with complete hands-off automation. Payhip solves this problem.
Payhip is An e-commerce platform/website that gives users with the simplest tools and options for promoting digital products straight to their customers and hosting online.
The Provider Was co-founded by Abs Farah and Kahin Farah and is now based in my capital city of London.
Which are the benefits of using Payhip?
Each online Platform is different, and I have used a few of these in the past.
For me, having A stage that is really easy to use and one that doesn’t take a huge amount of my precious time is of paramount significance.
Payhip will Save you a great deal of time too because everything is taken care of on the Payhip platform.
The Benefits that I’ve gained the most from utilizing Payhip include –
- EU VAT is cared for, which can be a big plus in my book.
- Affordable. The site takes zero charges asides From 5% per trade when you sell a product.
- Accessibility to analytics reports.
- Access to advertising tools. You have the option to make Societal and coupons discounts.
- Capability to signup, manage and reward your own affiliates.
- Access to product sharing programs . Plus you can embed Your product and Buy Now buttons on your website or blog.
- The Capacity to set mailing lists so that your customers can Subscribe and remain up to date with your electronic products, and more.
- Instant digital merchandise shipping via email link to buyers.
What I Enjoy About Payhip
Let us get to the information. After my two year Payhip experience, here’s what I love about the service…
Upgrades Are Instantaneous
Payhip let’s your customers pay with PayPal Or from credit/debit card with Stripe, plus they don’t pay out monthly/weekly/quarterly or make you wait for them to clear some kind of holding period. When a customer makes a purchase, the cash is immediately available on your account, and if you’ve got the PayPal and Stripe programs installed on your mobile device, you’ll receive notifications whenever a sale occurs. WordPress Digital Downloads
I happen to appreciate this. The excitement of Seeing a new sale never gets old. It’s also great to awake in the morning, reach for your phone, and see you made X number of dollars while you were sleeping, and it is all readily available for you to spend. The caveat to this can be Stripe. If your clients pays by card using Stripe, there’ll be a 3 day hold before the money is available. That is all Stripe though — Payhip doesn’t hold your money at all.
No Monthly Fees
Among the things that Payhip initially sold me is that there’s no Monthly charges or setup charges — just a simple flat charge of 5 percent per sale.
This was attractive to me in 2016 Because, at the moment, my readership was 1/10th of what it’s now, and I was not positive I was going to consistently sell enough product to justify paying a monthly fee to get a similar service like Gumroad. As a relatively new blogger with a little crowd, Payhip was the quickest solution that best match my scenario.
Simple To Know Analytics
Payhip’s back end Provides an page That enables you to see transactions and earnings quantities relative to the day, month, week, year, or some other specified range. On top of that, it is a report that is straightforward and to-the-point.
If you used Google Analytics or Facebook analytics, the number of data you’re immediately smacked in the face with can be somewhat overwhelming, and lots of it is mostly useless too. Payhip just provides you exactly what you are there to see — sales information. Nothing more, nothing less.
Run Promotions with Coupon Codes
Another advantage users of Payhip encounter is By creating coupon codes promotions to run.
The codes may be for any percentage you’d Enjoy and for any (or all) products. They can run for whatever length you’d like (or even indefinitely,) and the code itself may even be customized to whatever string of text you would like.
I have found this to be very useful. Sometimes I’ll run a weekend marketing, post it on Facebook, then boost the article targeting a pixel audience and I don’t fail to go ROI positive by it. People truly do respond to limited time offers. WordPress Digital Downloads
Your Own Affiliate Program
Payhip Provides you the ability to let your Readers register as an affiliate of your store, and you are able to grant them a commission of whatever percentage you’d like someone purchases a product using their customized affiliate link.
This is useful because it allows other people To sell your products for you, and should they have a stage and an audience of their own that they can tap to, the commissions paid will be well worth it.
Easy Integration with Email Marketing
You will be if you are into email marketing Able to integrate Payhip along with your email marketing supplier that is chosen so that a purchase is made, the buyer’s email address could be added into a listing that is chosen.
This is small but I think it’s Pretty cool so I want to give it a mention — if you desire, you’ll have Payhip stamp the purchaser’s email address to the top left corner of every page of a PDF document they’ve purchased.
So if someone plans to buy your PDF Book make it publicly accessible for free they’ll need to be fine with their email address being accessible also. I think that’s a way of deterring pirating.
Upload Most Sorts of Files
Payhip is a market for ebooks — It’s possible to upload just about any kind of digital file. Font files, video/audio documents, photos, software, etc..
Overall Simplicity and Modern Design
1 thing that can not be overlooked whenever You are selling something is your website appears. Individuals generally do not trust myself included. If a site looks like it hasn’t been upgraded since the web 2.0 days, I begin to wonder if perhaps I’m in an abandoned building and putting my payment information into it would pretty much be like throwing my money into a black hole.
That is not true with Payhip though. The Site has a very contemporary and easy design. This is exactly what you would anticipate a checkout page by a business to appear like In the event that you should purchase a digital merchandise on the internet. WordPress Digital Downloads
Another thing I like about Payhip is its Overall simplicity. In the a visitor lands on your product page, Payhip remains out of the way. They display your images, sales copy, and only the critical info (such as price.) They do absolutely nothing to interfere with your sale — no self-promotion whatsoever.
Eventually, what I actually like about Payhip is That they do not store customer payment info, meaning your customers’ payment details are safe. The payment is handled through PayPal or Stripe, and I prefer it this way as they are successful companies with lots of money.
What I Dislike About Payhip
As much as I enjoy Payhip, it is far from perfect. Here are some items that I dislike about the ceremony and would like to see enhanced…
No Mobile App
1 thing that bugs me around Payhip is that They don’t possess a mobile program. It would be convenient to be able to open an app and take a look while I am out and about. The website isn’t even optimized for mobile devices, although you do this and can log in to the site.
I enjoy Payhip, but that is a really Bad look in 2018. There is no reason you shouldn’t have a website optimized for cellular, and once you’ve got that, you should be able to easily turn the website itself right into it’s own app so users don’t need to manually register in each time they want to check sales data. Users of Payhip experience a much better platform when they are on their cellular devices.
No Upsells or Add-Ons In Checkout
On the checkout page, I’d like to see an ability that is added to suggest Other products. By way of instance, if they are buying a package of logo templates for $5, then I could offer a package of business card templates for a few extra bucks, or suggest. This is something which websites like VistaPrint and Amazon do.
I can not help but feel like there is a lot of money Table — for myself and Payhip — with no operation. This could improve the Payhip experience for both the seller and the customer.
Establish On A Fixed Timezone
This one is frivolous, but I Like to see it corrected.
Since Payhip is located at London, they’ve The working timezone for the whole site set to BST. Since I’m located 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 data reveals that.
This is a non-issue, however I Would love to see the capability to correct the website to your timezone. WordPress Digital Downloads
More Flexibility with Coupon Codes
I know I raved about the voucher It is not perfect yet, although code feature earlier.
As it now stands, the advertising You can run via a coupon code. I’d love to be able to offer a dollar amount off the cost, or the capability to set a sale price that is predetermined.
Right Now, if I Need to place a product On sale for $10, I must break out the calculator and do the math to determine what percent off would render the final price. I believe that is unnecessary and may be made better.
When creating A new product in Payhip, you have access to innovative options which include —
- Make your merchandise private.
- Add an ISBN (Internation Standard Book Number) for your eBook.
- Publish a sample or preview pages.
- To how many copies of your product or eBook can be, add a limitation number sold.
- Generate a license key .
Just how much does this cost?
Payhip will Cost you or host your electronic products. The site takes only 5 percent commission per transaction fee.
Would I Recommend Payhip?
This leaves us with the burning question: after two + years as a vendor on Payhip, do you recommend it? Total, yes. I am very much a happy client, but whether you should use it depends upon your situation.
If you’re a blogger with a small audience And you can not justify spending $10+ a month to get something like Gumroad, then yes, I would recommend Payhip. In case you market a product that is high-ticket or have a massive audience and know you’ll be doing at least $ 1,000 in sales each month, you might want to look into something most cost-efficient.
As of this date of the writing, Payhip functions On a flat fee of 5% of each sale. Gumroad’s fee is currently 3.5% + $0.30 per transaction + $10 per month.
If you’re going to be selling 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 start looking into some alternative. That is all dependent on how many transactions it requires to reach those sales numbers so make sure to crunch the numbers for yourself.
Personally, I absolutely love the Payhip Expertise and am thankful for their services. I want to see them continue to grow and succeed. WordPress Digital Downloads