Introduction Wordpress Isell
Of all the ways of monetizing Articles, my method is Like studying materials and design templates, to create and sell digital products. I’ve discovered that it is extraordinarily more profitable than running advertisements from networks such as AdSense, and self-made products convert at a higher rate compared to an affiliate product that someone else created. The support I use to facilitate this can be Payhip, and this post I’ll be sharing what I like and dislike about the service based on my Payhip experience as a seller for two + years. WordPress Isell
My Payhip Experience
If you wanted to sell products Through your own website, you’ll want a means to facilitate transactions — some kind of infrastructure which will enable a client to select your goods, pay for it, and also have it instantaneously delivered to them with whole hands-off automation. Payhip solves this issue.
What is Payhip?
Payhip is An that gives users with the tools and solutions for selling products straight to their customers and hosting online.
The company Was co-founded by Abs Farah and Kahin Farah and is now based in my capital city of London.
What are the advantages of utilizing Payhip?
Each online Platform differs, and I’ve used a few of these previously.
For me personally, having A platform that is so simple to use and one that doesn’t require a huge amount of my valuable time is of utmost importance.
Payhip will Save a great deal of time 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 can be 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 advertising tools. You have the option to create Coupons and social discounts.
- Ability to signup, handle and reward your own affiliates.
- Access to merchandise sharing tools. Plus you can embed Buy and your product Now buttons directly on your own site or blog.
- The Capacity to setup mailing lists so that your customers can Subscribe and stay current with your products, and much more.
- Instant digital merchandise delivery via email link for buyers.
What I Like About Payhip
Let us get to the information. Following my two + year Payhip expertise, Here Is What I love 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 cover monthly/weekly/quarterly or make you wait around for them to clean some sort of holding period. When a client makes a purchase, the money is instantly available in your accounts, and in case you have the PayPal and Stripe programs installed on your mobile device, you are going to get notifications each time a sale happens. WordPress Isell
I happen to appreciate this. The excitement of Seeing a sale never gets old. It’s also good to wake up in the morning, reach for your telephone, and 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 money is available. That is all Stripe though — Payhip does not hold your money in any way.
No Monthly Charges
Among the things that Payhip initially sold me is that there is no Monthly fees or setup charges — just a simple flat fee of 5% per purchase .
This was appealing to me in 2016 Since, at the time, my readership was less than 1/10th of what it is now, and I was not positive that I was going to consistently sell enough product to justify paying a monthly fee to get a similar service such as Gumroad. As a relatively new blogger with a little crowd, Payhip was the no-risk solution that best fit my situation.
Easy To Understand Analytics
Payhip’s back end Provides an page That lets you view trades and earnings quantities relative to this day, month, week, year, or some other given range. On top of that, it’s a report that is very straightforward and to-the-point.
If you’ve ever used Google Analytics or Facebook analytics, the number of information you are instantly smacked in the face with can be a bit overwhelming, and lots of it is mostly useless too. Payhip just gives you what you are there to view — revenue data. Nothing more, nothing less.
Run Promotions with Coupon Codes
Another advantage users of Payhip experience is The ability to run promotions by creating coupon codes.
The codes may be for almost any percentage you’d Enjoy and for any (or all) products. They can run for whatever duration you’d like (or even indefinitely,) and the code itself can even be customized to whatever string of text you would like.
I’ve found this to be somewhat useful. Sometimes I’ll conduct a weekend marketing, place it on Facebook boost the post targeting a pixel re-marketing audience and I never fail to go ROI positive with it. People do respond to limited time offers. WordPress Isell
Your Own Affiliate Program
Payhip Provides you the ability Readers register as an affiliate of your store, and you can grant whenever someone buys a product using their customized affiliate link.
This is useful since it allows people To market your products the commissions paid will be worth it and if they have an audience of their own and a stage that they can tap to.
Easy Integration with Email Marketing
You’ll be, if you’re into email marketing Able to easily incorporate Payhip with your preferred email marketing provider so that whenever a purchase is made, the email address of the purchaser can be added into a list.
That is minor but I think it’s Pretty cool so I wish to give it a reference — if you desire, you’ll have Payhip stamp the buyer’s email address into the upper left corner of every page of a PDF document they’ve purchased.
So if someone plans to Purchase Your PDF Publication make it publicly accessible for free they’ll need to be fine with their personal email address being publicly accessible also. I believe that is a way of deterring pirating.
Upload Most Kinds of Files
Payhip is a marketplace for ebooks — It’s possible to upload just about any sort of digital file. Font documents, video/audio files, photographs, software, etc..
Total Simplicity and Modern Design
1 thing that can’t be overlooked whenever You are selling something is your site looks. Individuals generally do not trust websites that look outdated, myself included. If a website looks like it has not been upgraded since the web 2.0 days, I start to wonder if perhaps I am in an abandoned building and putting my payment info 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 very modern and easy design. If you were to buy a digital merchandise on the world wide web, this is exactly what you would anticipate a checkout page by a company. WordPress Isell
Another thing I enjoy about Payhip is its In general simplicity. From the very moment a visitor lands on your product page, Payhip stays out of the way. They display your images, sales copy, and only the crucial information (such as price.) They do nothing to interfere with your sale — no self-promotion whatsoever.
Eventually, what I like about Payhip is That customer payment information isn’t stored by them, meaning that your customers’ payment details are safe. The payment is handled through PayPal or Stripe, and I prefer it that way as they are large companies with lots of money.
What I Dislike About Payhip
As much as I enjoy Payhip, it is far from perfect. Here are some things that I dislike about the service and would like to see improved…
No Mobile App
One thing that bugs me around Payhip is that They don’t possess a mobile program. It’d be convenient to be able to open an app while I’m out and about, and take a look. You can log into the site and do so, but the site is optimized for mobile devices.
I like Payhip, but that is a very Lousy look in 2018. There is no reason you should not have a website optimized for cellular, and once you’ve got that, you ought to be able to easily turn the website itself into it’s own program so users don’t need to manually sign in every time they want to inspect sales data. Let users of Payhip encounter a better platform when they are on their cellular devices.
No Upsells or Add-Ons At Checkout
On the checkout page, I’d really like to see an ability that is added to suggest Other products. If they’re buying a bundle of logo templates for $5, I propose some other product that could interest them they previously didn’t know about, or could provide a bundle of business card templates for a few extra dollars. This is something that websites like Amazon and VistaPrint do well.
I can not help but feel like there’s a lot of money being left on the Table — for both myself and Payhip — without this operation. This could enhance the Payhip experience for both the client and the vendor.
Establish On A Fixed Timezone
This one is mostly frivolous, but I Prefer to see it fixed.
Since Payhip is located at London, they have The functioning timezone for the site set to BST. Since I’m found in the EST, I will occasionally check my analytics at 7PM or afterwards and see that I made 0 earnings for the day since Payhip believes it’s midnight and its own data reflects that.
Again, this is a non-issue, but I Would love to see the ability to correct the website. WordPress Isell
More Flexibility with Coupon Codes
I know I raved about the coupon Code feature earlier, but it is not perfect.
As it currently stands, the sole promotion You can run through a voucher code is to get a percent off. Ideally, I’d love to have the ability to supply a dollar amount to set a sale price that is predetermined.
At the moment, if I Need to put a merchandise On sale for $10, I must break out the calculator and do the math to figure out what percent off will leave the cost at $10. I think that is unnecessary and may be improved.
When creating A new product in Payhip, you also have access to innovative options which include —
- Make your product private.
- Add an ISBN (Internation Standard Book Number) to your eBook.
- Upload a preview or sample pages.
- To the number of copies of market or your product could be add a limit amount sold.
- Generate a license key that is exceptional .
Just how much does this cost?
Payhip will Cost you to set up or even host your electronic products. The site takes only 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, do you recommend it? Total, yes. I am very much a customer, 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 recommend Payhip. But if 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 check into something most cost effective.
As of the date of this writing, Payhip functions On a set fee of 5% of each sale. Gumroad’s fee is now 3.5% + $0.30 per transaction + $10 per month.
If you’re going to be promoting less than $1,000 a month in total quantity, the math should (typically ) favor Payhip. But if you’re selling well into the thousands, you are probably going to need to go with Gumroad or look into some choice. This is largely dependent on the number of transactions it requires to reach those sales numbers so make certain that you crunch the numbers.
Personally, I absolutely love the Payhip Expertise and am really thankful for their services. I want to see them continue to grow and succeed. WordPress Isell