Best Platform To Sell Digital Products For Beginners
Summary
TLDRIn this video, Aurelius shares his opinion on the best platform for selling digital products, focusing on Payhip. He compares Payhip to Gumroad, highlighting that both platforms have $0 startup costs but different transaction fees. Aurelius explains Payhip's features, including tools for selling digital products, courses, and coaching services, as well as its customization options for online stores and marketing tools. He emphasizes Payhip's ease of use for beginners, especially those on a tight budget, and concludes by encouraging viewers to explore both platforms before deciding which best suits their needs.
Takeaways
- 💻 Payhip is recommended as the best platform for selling digital products online, especially for beginners.
- 📚 Payhip supports selling digital products like e-books, guides, templates, printables, and courses.
- 💰 Payhip charges no monthly fee but takes a 5% transaction fee on sales, plus PayPal/Stripe fees.
- ⚖️ Compared to Gumroad, Payhip has lower fees at the start, as Gumroad charges a 9% fee for sales under $999.
- 🛠 Payhip offers tools for creating a store, integrating mailing lists, and setting up affiliate programs.
- 📦 Products you can sell include digital items, physical goods, courses, and coaching services.
- 📊 Payhip provides reporting tools, allowing you to track sales and customer engagement.
- 🔗 The platform integrates with other apps like Zoom for coaching and email marketing platforms through Zapier.
- 🎓 Payhip’s online course builder allows you to structure and manage courses, offering a better format than Gumroad.
- 🛒 Payhip also offers marketing tools like cross-selling, upsells, coupon codes, and referral programs.
Q & A
What platform does the video recommend for beginners to sell digital products?
-The video recommends Payhip as the best platform for beginners to sell digital products.
What types of digital products can be sold on Payhip?
-On Payhip, users can sell e-books, guides, templates, worksheets, printables, and online courses. The platform also supports physical products and coaching services.
What is the transaction fee structure for Payhip?
-Payhip charges a 5% transaction fee on every sale, plus PayPal or Stripe fees, which are approximately 3% plus 30 cents per transaction.
How does Gumroad's fee structure compare to Payhip's?
-Gumroad's fees start at 9% plus 30 cents per transaction for sales under $1,000. As sales increase, the fees decrease to 7% and then to 5% after reaching $10,000 in sales, similar to Payhip’s 5% transaction fee.
What are some key features of Payhip's online store builder?
-Payhip allows users to create an online store with customizable headers, logos, navigation links, product collections, and domain integration. It also offers basic reporting, analytics, and marketing tools like coupon codes and social discounts.
Can you offer online courses on Payhip, and how does it compare to Gumroad?
-Yes, Payhip allows users to create online courses with structured modules and lessons, similar to platforms like Teachable and Thinkific. Gumroad, on the other hand, lacks the same level of structure and only offers a basic format for delivering digital content like e-books or videos.
What marketing tools does Payhip offer for promoting products?
-Payhip provides marketing tools such as coupon codes, social discounts, affiliate program integration, cross-selling, referrals, and email updates to promote products and increase sales.
Does Payhip integrate with mailing lists, and if so, which ones?
-Yes, Payhip integrates with mailing lists such as Active Campaign, Aweber, ConvertKit, and others. It also works with Zaypya for additional integrations.
How does Payhip handle cross-sells and upsells?
-Payhip allows users to create cross-sells and upsells, offering discounts on related products when customers add items to their cart or complete a purchase, similar to Amazon’s cross-sell strategy.
What are some limitations of Payhip compared to other platforms like WordPress?
-Payhip’s limitations include less customization compared to platforms like WordPress, which offers more flexibility through plugins and themes. Payhip’s store customization is more basic and restricted by the platform’s hosting.
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