What is Gumroad? Gummy bear shaped video chatting site for digital market penetration. Gumroad was founded on the belief that while the traditional market may not have a lot of buying power it can be penetrated by small-scale entrepreneurs who want to make a mark in this growing market. It has been around for just over a year and is already a major player in this emerging market.
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. It has enjoyed a lot of popularity and increased its market value in just a few months. Gumroad members have access to additional features such as virtual marketplaces, surveys, events and blog postings. RSS feeds are also available. Photo galleries are also available.
What makes gumroad a great platform to sell digital products? Apart from its low pricing and wide market reach, gumroad’s most appealing features are its user-friendly interface and advanced analytics. All the statistics provided by the analytics software to help the sellers to understand their customer base, know what are their needs, preferences, and wants, in order to plan and work towards meeting those needs and wants effectively. This information is vital for any business because it helps you to understand your customers and create better strategies to serve them.
Among all the digital products on sale at gumroad, one of the most popular is lo-fi. Lo-fi is another product of gumroad that offers great value for money. As with all the gumroad ecommerce platforms, lo-fi too has a standard transaction fee. 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? There is no doubt that yes, indeed you will definitely find all the benefits that you are looking for in these gumroad alternatives. However, this doesn’t mean you should ignore the other benefits that are available as well. eBay buyers pay no payment gateway fees. If you’re looking for a platform that doesn’t charge fees to purchase your products or services, eBay is a good choice. It’s just that you might want to take note of the fact that there are other alternatives that you might want to consider first before spending your capital on eBay.
You can also find gumroad alternatives that offer some of the same features as eBay. Zedge, for example, is a great part of what eBay has to offer, but it does have its 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. So, if you want to get started in e-business and you have nothing to sell, then get one of those platforms today!