Payhip review 2022 — The best online business tool?
TL;DR
Payhip is the best online business tool for small businesses, coaches, and professional consultants. It offers a free plan to start with and if you have tested out your product market fit you can scale up anytime to a plus plan or pro plan. Payhip is an e-commerce tool that supports digital products, physical products, paid coaching sections, online courses, and recurring memberships.
There are numerous third-party solutions and platforms to consider when selling digital products online. Payhip is just one of the leading digital download solutions available today, designed to provide a simple method of selling your downloads and working through the web. Payhip promises a simple strategy for selling various types of downloads and memberships.
Payhip supports the sale of downloads and memberships, and it even includes EU VAT calculation, so you can focus on other aspects of your business. Payhip, known for its straightforward approach to sales, is trusted by over 130,000 people worldwide and is growing in popularity all the time.
This Payhip review will explain what to expect if you decide to use Payhip for your own sales strategies.
What is Payhip? An Introduction
First and foremost, let us define Payhip and what it is capable of. Payhip is an e-commerce service platform that provides solutions for bloggers and small business owners. You may use Payhip to sell memberships and digital products, and there are several ways to use it. If you don’t want to embed the service directly into your website, you can sell your work through the storefront instead.
Payhip takes care of everything, offering an all-in-one e-commerce solution for designers, creatives, and podcasters. You receive a slew of smart products for hosting and selling your items online. There is also an excellent customer support team available to address any issues you may have. Though the Payhip service is still in its early stages, you can contact them whenever you want if you have any questions.
Payhip is just one of many online platforms that e-commerce businesses can use to sell their products online. Payhip, on the other hand, is a good choice if you’re looking for the perfect combination of usability and simplicity. Because everything you need is already configured and hosted on the Payhip website, this service should save you a significant amount of time and effort.
What are the Benefits of Using Payhip?
Like any platform for online selling, there are tons of pros and cons to using a solution like Payhip. Let’s start by looking at some of the major benefits:
- VAT: EU VAT is handled for you, so you don’t have to figure out the VAT for each customer.
- Cost-effective: The website only takes a very small 5% transaction fee from each eBook sale, and there aren’t any monthly fees.
- Built-in reporting: You can get useful insights into your sales strategies and generate better conversion rates as a result.
- Access to marketing tools: You have the option to create various social discount codes and coupons.
- Affiliates: You can sign up, manage, and reward affiliates.
- Product promotion: You can embed buy now buttons into your blog or website.
- Lists: Payhip provides access to tools for setting up mailing lists, so customers can subscribe and stay up to date.
- Instant product delivery: Send quick links to buyers
- Membership tools: Enable memberships for your products
- Sell physical and digital products: As well as eBooks and software
How Does Payhip Work?
Payhip is just an add-on for your current website. Although there is no website builder, you can sell your work through an existing storefront. Payhip works by integrating with your existing website and providing you with a responsive, appealing checkout that you can use to handle your clients regardless of where they come from.
Payhip allows you to accept sales from anywhere, sell straight to customers from your website, blog, or social media, and drastically enhance conversion rates. Customers can complete purchases in seconds because the checkout is perfectly tuned to increase conversion rates.
The benefit of Payhip is that it handles the complicated stuff on the website’s back end, allowing you to focus on connecting with customers and creating products for sale. You can upload any type of file into the service and have it delivered to customers immediately after payment.
Customers can also securely complete a purchase in seconds, with access to a variety of payment methods such as Discover, PayPal, Visa, Mastercard, American Express, and others. Additionally, you will be paid directly into your Stripe or PayPal account.
What Can You Sell?
Payhip is, first and foremost, a leading solution for selling digital products. You can, however, sell a lot more than you believe. Customers who use Payhip prefer digital stuff. You can sell everything from eBooks and movies to software, courses, and music templates. There is also the option to sell many things at the same time.
Another alternative is to offer memberships through Payhip. If you’re conducting classes or establishing a premium publication, this is an excellent alternative. Payhip makes it simple to convert your website into a comprehensive membership site with a variety of membership levels. You can create your own membership options with various payment and pricing intervals, as well as offer free trials.
For those interested in selling physical products, Payhip offers clothing, books, electronics, and other physical items, as well as the ability to track product inventory, insert product weight, and provide variables such as sizes and colors.
Payhip Review: Pricing
When contemplating a new shop construction option for your company, it’s critical to examine more than just pricing. Examining the various features is one approach to determine whether a service is good for you. You will, however, have a budget to adhere to.
Payhip is appealing because you can sign up for free and gain access to all of the features, unlimited products, and unlimited revenue opportunities included in this package. Payhip, unlike other environments that limit the number of products you can sell on a free plan, provides you with unlimited access to everything.
The sole disadvantage of the free plan is that your transaction cost will be significantly greater than usual, around 5%. It’s important to note that this transaction fee is only the beginning of the expenditures you should anticipate spending while running your own business, plus the payment process fee by Stripe or Paypal.
The Plus plan
The Plus plan costs $29 per month and has a substantially reduced transaction fee of only 2%, making it much more appealing to people who offer a variety of products. Payhip provides all of the same features and unlimited products on this plan, so you essentially receive the same experience as with the free plan, only at a cheaper transaction cost.
The Pro plan
If you sell a lot of things, the Pro plan is unquestionably the best price. While there is a $99 monthly fee, there is no transaction fee, and you have access to infinite revenue and unlimited items — just like the other payment options.
Payhip Review: Ease of Use
Payhip is often extremely appealing to many clients since it is so simple to use. If you’re selling digital things for the first time and are nervous, Payhip should be right at home.
Signing up is quick and simple, and you can select Stripe and PayPal as your payment method. After you’ve completed the registration process, you may begin uploading the things you want to sell. The interface will guide you step by step through the process of adding and describing your digital products. You can include a selling price, as well as categories, images, titles, and descriptions.
Everything feels well-designed and intuitive, so if you’re a beginner, you shouldn’t have to run around looking for help; you can just dive right in.
Another advantage of integrating Payhip.com into your online store is how simple it is for customers to purchase and receive their digital items as soon as possible. The checkout process has been optimized for customer experience, so everything can be done with a few clicks. Transactions can also be completed on both desktop and mobile devices.
Payhip also allows consumers to personalize the payment area, which is not available on every e-commerce site or Amazon marketplace. This can be beneficial if you want to reroute users from a social media page or your business on another platform, such as WordPress. Conversions are significantly easier to generate with seamless customization options.
Payhip also lets you accept credit cards and gift cards for digital files from anywhere in the world. On your own website, you can use any currency you choose and provide a variety of payment alternatives, including PayPal and Stripe, on your checkout page. There’s also no need to be concerned about any complicated data or privacy policies.
Finally, in terms of payment, you can request that your users create a Payhip account and subscribe to a service that accepts recurring payments for all membership packages. You can offer product privacy based on whether your user wants to buy in increments, pay on a subscription basis, and more, which is great if you want to sell more than just eBooks.
Payhip Review: File Management and Analytics
You’ll need to deal with files after you’ve added the products you wish to sell to your Payhip account and established crucial features like your pricing structure within the product page. This is not the same as selling eBooks online and sending the product separately or selling physical products on Gumroad. Payhip makes it simple to get items to customers as soon as possible.
Everything is straightforward and intuitive, with the option to connect products that are linked to one another. With a single click, you can swap and remove files so they are no longer available for download. You can also change file descriptions and details, thanks to an easy-to-use backend. On top of that, you’ll gain insights to assist you to improve your company’s performance.
Payhip’s analytics environment is one of its most effective features. It is extremely useful to be able to fully assess the behavior of your visitors and where they come from geographically. You can even pinpoint referral sources and traffic sources, then control all of the data in terms of the year, month, or day.
Keeping track of important information is really simple and clear. We also enjoy how the service protects you from issues like unauthorized distribution and copyright infringement when you submit content to the web.
You can put a stamp on all of the digital products you upsell and cross-sell to your customers, along with their email address, to ensure they don’t want to distribute the files worldwide. Other types of products are guarded by systems that limit the number of downloads a user can perform. There is an expiry service in place, so your customer cannot keep downloading the same product over and over.
Payhip can even aid you with managing your complete software licensing ecosystem. The support personnel can generate and store required software keys on your behalf. When someone purchases your solution, you can utilize the simple system to grant them access to a key.
Payhip Review: Design and Marketing
Payhip has you covered if you’re concerned about developing a brand when selling digital things. You can upload a cover image for your products and create a delightfully easy atmosphere for your customers to purchase new products.
The Payhip support team is also available to assist you in implementing any plugin or integration you require, such as linkages to Mailchimp for email marketing, Sellfy for dropshipping, and so on. The clean environment is simple to navigate for both business owners and customers, and everything appears trustworthy enough that your customers are unlikely to suspect you’re running a scam.
Payhip also assists you in marketing your products and generating the greatest amount of purchases as a result. Again, this environment is designed with beginners in mind, therefore it is not the most advanced marketing environment. You can, however, easily incorporate social media to communicate with your customers on a larger scale.
Another significant benefit is the affiliate program. Payhip makes it exceedingly simple for users to join an affiliate network that pays clients for introducing a friend. The affiliate program can significantly increase the number of individuals that visit your shopping cart. If you prefer to operate your own affiliate campaign, the majority of the program can be managed from your marketing dashboard.
Another thing to consider when it comes to sales and marketing with Payhip is the variety of options to sell online. Payhip allows you to effortlessly set up a checkout page within your social media platforms in addition to integrating your social media channels for marketing objectives.
There’s also the option of creating a comprehensive funnel that guides your consumers through a step-by-step process with a product checkout page at the end. If you need help persuading someone to buy, there’s also a useful set of social discounts accessible, which allows you to provide discounts to those who share your articles and interact with your business.
Payhip: Final Thoughts
When you don’t know which platform to use, selling things online becomes much more difficult. It’s easy to become overwhelmed with so many alternatives, from Selz to Shopify and WooCommerce. Payhip appears to be a good option if you want to sell digital products while keeping costs low. There’s a fantastic affiliate marketing system, as well as numerous ways to pique your audience’s interest, such as coupon codes and an easy social media buy button.
While there are certain restrictions to Payhip’s marketing and sales features, there is plenty to get any small business owner started on the road to success. However, if you grow, we strongly advise you to change your pricing package to one that requires a much-reduced transaction cost, if any at all. The free package may appear to be a good idea at first, but it can result in you paying nearly 10% in transaction fees and other payment processing costs.
Ariel Leung
Ref: https://www.plantylab.com/payhip-review-2022-the-best-online-business-tool
