What is Gumroad? Gummy bear shaped video chatting site for digital market penetration. Gumroad was built on the idea that the conventional market does not have a large amount of buying power, but can be penetrated by small scaled entrepreneurs who want to make their presence felt in this growing internet market space. With little over a year of existence, it has already established itself as one of the major players in this emerging market space.
Gumroad was launched with a bang. Its portal was launched at end 2009, with millions of dollars invested by both corporate bodies and individual members. The primary objective was to provide a platform where members from different geographical and social backgrounds could access digital downloads straight from the gumroad alternative without any charge to them. In a few months of operation, it has gained considerable popularity amongst its users and has further added to its market value. Apart from offering digital downloads, gumroad also provides the members with access to other features like virtual marketplace, surveys, events, blog postings, RSS feeds, photo galleries and so forth.
What makes gumroad such a great platform for selling digital products? Well, apart from its affordable pricing and huge market reach, one of gumroad’s most attractive features is its user friendly interface and advanced analytics. The analytics software provides all the statistics that sellers need to know about their customers and help them plan and achieve their goals. This kind of information is very important for any kind of business, because ultimately it will help you understand how your customers think, which means better strategies to serve them and make more sales.
Lo-fi is one of the most sought-after digital products at gumroad. Lo-fi, another great product from gumroad, is also very affordable. Like all other gumroad ecommerce platforms lo-fi also has a standard transaction cost. The transaction fee is in addition to all the other features and benefits of buying books on the platform like unlimited downloads, discount coupons, free shipping and so on. This is in comparison to some of the other platforms available in the market which provide similar benefits but charge a higher transaction fee.
But then again, is there really a need to pay any extra cost for any of these benefits when you are getting everything that you expect from a great e-commerce platform? These gumroad alternatives will provide all the benefits you desire. You don’t have to overlook the other benefits. For example, ebay has a zero payment gateway fee for buyers. If you’re looking for a platform that doesn’t charge fees to purchase your products or services, eBay is a good choice. You might also want to consider other options before you spend your money on eBay.
There are also some gumroad alternatives that offer a good part of the features that you will find on eBay. For instance, Zedge is a good part of what eBay offers, but it does have some limitations. It does not support multi-step checkout. If you want to complete a transaction you will need to return to the checkout page. Shipping rates are subject to some restrictions. Shipping times can be very long and there may be delays that could lead to additional charges.
Although podia is a great part of eBay’s offerings, it has its limitations. First, media does not support multi-page checkouts, thus if you need to complete a transaction, you will have to come back to the home page. Their shipping rates are very low. Zedge is another option if you require faster shipping.
That’s all! That’s all you need to know about gumroad and its competition. Paying with PayPal is pretty easy as well. When it comes to digital products, PayPal is the best platform because it allows you to get instant payments and it’s very easy to use. If you are looking to start an e-business but have nothing to offer, then you should consider one of these platforms.