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GUMROAD VS PAYHIP Review - Which is Better? Pricing, Comparison & Features

Education


Introduction

Welcome back to the channel! In this article, we will discuss and compare two popular platforms for selling products online: Gumroad and Payhip. We will look at their pricing, features, and pros and cons.

Pricing Comparison

Let's start with the pricing, as this is often a crucial factor for sellers. Gumroad recently changed their fee structure to a flat 10% fee for all sales. Previously, they had a tiered structure where the fee reduced as you sold more. On top of the fee charged by Gumroad, there is also a transaction fee of 2.9% + 30 cents per sale, charged by the payment processors, such as PayPal or Stripe.

On the other hand, Payhip offers a lower fee of 5% for all sales. Like Gumroad, Payhip also charges the standard transaction fee of 2.9% + 30 cents per sale. If fees are a significant concern for you, Payhip may be the better option due to its lower overall cost.

Features Comparison

Both Gumroad and Payhip allow you to sell both digital and physical products. However, there are some differences in the features they offer.

Product Types

Gumroad categorizes products into digital products, courses or tutorials, and others, while Payhip offers options such as digital products, courses, physical products, coaching services, and more. With Gumroad, even if you select a course or tutorial, the content delivery is not specifically designed for a membership site experience. Payhip, on the other hand, provides more robust membership site options, including curriculum creation and management.

Store Customization

When it comes to customizing your store, Payhip offers more flexibility and options. You can customize your store's layout, header, footer, and even choose from different themes. Gumroad, on the other hand, has limited customization options.

Marketing Features

Both platforms offer marketing features, such as discount coupons and affiliate marketing. Payhip also provides additional features like social discounts, cross-selling, referral incentives, and upsells, making it a more comprehensive solution for marketing your products.

Marketplace and Analytics

Gumroad has a marketplace called Gumroad Discover, where you can feature your products. However, you need to meet certain criteria and have a track record of sales to be eligible. Payhip does not have a marketplace. In terms of analytics, both platforms offer similar options to track sales, views, customers, and more.

User Experience and Ease of Use

Both Gumroad and Payhip are user-friendly platforms with a straightforward setup process and intuitive interfaces. Gumroad has a more polished and branded look, while Payhip's interface may appear a bit dated. However, the functionality and ease of use are comparable.

Keyword: pricing, features, marketplace, analytics, store customization, marketing, user experience

FAQ

  1. Can I sell both digital and physical products on Gumroad and Payhip?
  • Yes, both platforms allow you to sell both digital and physical products.
  1. Which platform has lower fees, Gumroad or Payhip?
  • Payhip offers a lower fee of 5%, while Gumroad charges a flat 10% fee. Both platforms also have transaction fees.
  1. Can I customize my store's appearance on both Gumroad and Payhip?
  • Yes, both platforms offer store customization options. However, Payhip provides more flexibility and themes to choose from.
  1. Does Gumroad have a marketplace for featuring products?
  • Yes, Gumroad has a marketplace called Gumroad Discover. However, you need to meet certain criteria to be eligible.
  1. Do both platforms offer marketing features like discount coupons and affiliate marketing?
  • Yes, both Gumroad and Payhip provide marketing features such as discount coupons and affiliate marketing. Payhip offers additional features like social discounts and upsells.
  1. Is Payhip suitable for setting up a membership site?
  • Yes, Payhip offers more comprehensive features for setting up a membership site, including curriculum creation and management.
  1. Which platform would you recommend, Gumroad or Payhip?
  • It depends on your specific needs and preferences. If pricing and store customization options are essential to you, Payhip may be the better choice. However, both platforms are suitable for selling products online.

In conclusion, both Gumroad and Payhip are solid platforms for selling products online. They offer similar capabilities, but Payhip generally provides more features at a lower fee. Consider your specific needs and prioritize factors such as pricing, customization options, and marketing features to choose the platform that best suits you.