I launched a digital product shop in February 2022.

My digital products are printable related to the saving challenges and social media planners so far. If you are interested, please check it below. For now, all items are $2.

Before creating the shop, I’ve done some research to create the store and decided to use Payhip for my eCommerce platform.

In today’s post, you’ll learn everything you should know about Payhip!

DISCLOSURE: This post may contain affiliate links, meaning I get a small commission if you decide to make a purchase through my links, at no additional cost to you. Please read my full disclaimer here for more info.

What is Payhip?

Payhip is one of the leading solutions available for digital downloads today. It’s a pretty new company as of February 2022. The service provides a simple method of selling your downloads and work through the web.

Summary of Payhip:

• Offers support for selling downloads and memberships
• EU Vat calculation built-in
• Analytics tool
• Marketing tool
• Easy-to-build website tool
• Trusted by over 130,000 people worldwide
• Affiliate program

Payhip Pricing:

FREE FOREVER plan $0 a month

• +5% transaction fee ONLY when your item sold
• All features
• Unlimited products
• Unlimited revenue

PLUS plan $29 a month

• +2% transaction fee ONLY when your item sold
• All features
• Unlimited products
• Unlimited revenue

PRO plan $99 a month

• No transaction fee
• All features
• Unlimited products
• Unlimited revenue

As you can see, all plans include all features, unlimited products, and unlimited revenue. The startup cost is $0 with full benefit. It’s a big plus for beginners. You will have your store website URL for free too.

Now, I’m using a free plan. I will upgrade the plan to PLUS once I started to see a steady stream of sales. So, I can reduce the cost of the transaction fees.

What are the Benefits of Using Payhip?

 Like any platform for online selling, there are tons of pros and cons to using Payhip. Let’s start by looking at some of the major benefits:

• VAT: With Payhip, you can accept sales from anywhere, sell directly to your customers from your website, blog, or social media! EU VAT is handled for you, so you don’t have to figure out the VAT for each customer.
• There aren’t any monthly fees: If you start with the free plan, the website only takes a very small 5% transaction fee from each sale.
• Built-in reporting: You can get useful insights into your sales strategies and generate better conversion rates as a result. Don’t need to pay for analytics tool.
• Access to marketing tools: You have the option to create various social discount codes and coupons even with free plan.
• Affiliates: You can sign up, manage, and reward affiliates. If you want to boost your sale, hire some affiliate marketer using this feature.
• Product promotion: You can embed buy now buttons into your blog or website.
• Instant product delivery: Send quick links to buyers.
• Payment option: Customers can pay with their PayPal/ Stripe account or their card. Visa, MasterCard, American Express, JCB, Discover, Diners Club, and more.
• Instant payment: They will deposit your sales to you immediately after a transaction has been completed. No minimum payout.
• Integrate Email Marketing: You can integrate your email marketing software to grow your mailing list.
• Easy to use: Very easy to use, easy to navigate software.

The only downside:

The only downside is we need to pay the transaction fee and PayPal/Stripe transaction fee. PayPal’s payment processing rates range from 1.9% to 3.5% of each transaction, plus a fixed fee ranging from 5 cents to 49 cents as of February 2022.

If you use a free plan, maybe 7-10% of your sale will pay for transaction fees. But remember, there is no monthly cost of the listing fee.

Wrapping Up

If you don’t know where to start your online digital store, Payhip has you covered. They offer you marketing, affiliate marketing, email marketing, analytics tool as well as website.

All you need to do is upload a cover image for your products, upload digital products and write a description. So far, I really like their user-friendly platform and the features of the free plan!

It’s your turn! Are you selling digital products online? What platform are you using?