Payhip: What Is It, How It Works, Features, Costing, And More
Payhip is an eCommerce platform with the help of which digital content creators can create online storefronts. Digital creators are the main users of the Payhip platform. They can sell their digital creation through the platform. It comes with three pricing plans. If you choose the premium plan, you will not have to pay transaction fees. However, you will have to pay transaction fees once you choose the free plan.
In this article, you will learn about the Payhip platform and its pricing levels. Apart from that, you will also learn how this platform is useful for businesses and how it works. In addition to this, we will also discuss the major features of Payhip. Finally, we will discuss the major pros and cons of Payhip so that you get a better idea of the platform.
What Is Payhip?
According to the official website of Payhip –
“Payhip is an e-commerce platform that enables anyone to sell digital products, courses, coaching, memberships, or physical products directly to their fans and followers. You can embed Payhip directly into your website, or you can use our storefront to sell your work. Payhip takes care of everything. We’re an all-in-one ecommerce solution for creators.”
Basically, Payhip wants digital content creators to sell their digital content on the Payhip platform. Creators can thus sell online courses, digital downloads, coaching, memberships, and physical products on the platform. The company makes its profits from creators in the form of subscription fees and transaction fees.
Cost Of Payhip
There are basically three plans you can choose with Payhip:
| Free Forever | $0 per month + 5% transaction fee |
| Plus | $29 per month + 2% transaction fee |
| Pro | $99 per month (no transaction fee) |
One of the most interesting things about Payhip is that all the plans have more or less the same features. The company claims to make its pricing simple and transparent and wants everyone to get access to all features so that it becomes easier to grow the business.
How Does Payhip Work?
According to Investopedia,
“Launched in 2011 and based in London, Payhip is an ecommerce platform that specializes in digital services like downloads, online courses, memberships, and coaching. It also enables online ordering for physical products, with the ability to sell and manage inventory, fulfill orders, run promotions, collect reviews, and more.”
One of the best things about Payhip is that it consists of an amazing website builder. You can either connect your customer domains or embed a checkout on your existing websites.
The platform targets digital creators who earn a living with what they love doing. The website already has a user base of more than 130K creators.
On the other hand, if you look at things from the business perspective, the Payhip platform profits from either monthly plan subscriptions for users, transaction fees, or both. To learn more about the pricing, check the pricing section in this article.
If you are a creator using Payhip, you can see that Payhip facilitates your direct online sales of both physical and digital products. Whether you have coding knowledge or not, you can create customized storefronts for your business. This is because there are a variety of tools present on the platform. Furthermore, there are many features that we will take a look at in the next section.
What Are The Features Of Payhip?
According to GetApp.com,
“The platform makes it a piece of cake to sell and promote ebooks, courses, software, design assets, music, or any type of digital product directly. You can embed Payhip directly into your website, or you can use our storefront to sell your work. Whether you want to sell ebooks, memberships, courses, software, designs, music, or anything else, Payhip takes care of everything.”
The best thing about Payhip is that it is an all-in-one eCommerce solution for digital creators. No matter what plan you choose, you can have access to all the features.
The following are the major things you can sell through Payhip:
- Online courses
- Coaching and consulting services
- Digital downloads
- Subscriptions and memberships
- Physical products
Here are some of the major features of Payhip that you need to learn about:
- You will be able to create an online store and your blogging platform with the help of various tools.
- The platform contains built-in marketing tools. Apart from that, you will also be able to create coupons, run referral programs, host reviews, and sell products.
- The platform integrates easily with PayPal and Stripe. Apart from that, you can also make payments using different types of currencies.
- The email marketing system is GDPR-compliant. Apart from that, this system also integrates with a variety of platforms as well as an internal email update system.
What Are The Pros And Cons Of Payhip?
The following are the major pros and cons of Payhip that you need to know:
Pros
Here are the pros of Payhip that you will benefit from:
- There is a great selection of digital products that you can use in the platform to create your custom storefront.
- There are different plans you can use based on what you can afford.
- The platform contains a variety of marketing tools you can use to boost your sales.
- Automatic handling of taxes from various countries.
- A great platform for you if you sell software systems.
- You can offer a variety of payment options for your customers.
Cons
Here are a few cons of Payhip that you need to be aware of:
- Although the analytic tools give some useful insights, they could have been better given the huge number of users on the platform.
- The store builder is useful, but it is a bit difficult for a newbie to use. Hence, the store builder needs to be simpler and more intuitive.
Summing Up
Hope this article was helpful for you in getting a better understanding of how Payhip works for businesses. If you are a digital creator, then Payhip can be a great platform for you to sell your products. However, consider going through the pros and cons before you use the platform. Do you have more information to add about the platform? Share them with us in the comments section below.
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soumava goswami
A passionate writer and an avid reader, Soumava is academically inclined and loves writing on topics requiring deep research. Having years of content writing experience, Soumava also loves creating blogs in other domains, including digital marketing, business, technology, travel, and sports.
