What is Gumroad? Gumroad is a video chat site that looks like a gummy bear. It’s designed to penetrate the digital market. 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. Gumroad was created to allow members of different social and geographical backgrounds to access digital downloads directly from the gumroad alternative. In a few months of operation, it has gained considerable popularity amongst its users and has further added to its market value. 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 such a great platform for selling 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.
Lo-fi is one of the most sought-after digital products at gumroad. 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. This transaction fee is in addition all the other benefits and features of buying books on the platform such as unlimited downloads, discount coupons and free shipping. This is in contrast to other platforms on the market that offer similar benefits, but charge a higher transaction cost.
However, is it really worth paying extra for these benefits when you get everything you want from an 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. Thus, if you are looking for a platform where you don’t have to pay any fees in order to buy your products and services, then you should definitely consider eBay. 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.
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. There are also some limitations when it comes to their shipping rates. Shipping times are generally very long and they may even have some delays that will make you have to pay additional charges.
Also, podia is another good part of what eBay offers, but it does have some limitations as well. Media does not support multipage checkouts. If you need to complete a transaction you will have to return to the homepage. Their shipping rates are very low. Zedge is another option if you require faster shipping.
That’s it! This is all you need to know regarding gumroad and its competitors. Paying with PayPal is pretty easy as well. PayPal is the best platform for digital products because you can get instant payments and it’s 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!