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. 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? 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 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, 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 contrast to other platforms on the market that offer similar benefits, but charge a higher transaction cost.
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. You don’t have to overlook the other benefits. For example, ebay has a zero payment gateway fee for buyers. 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. Shipping rates are subject to some restrictions. 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. 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. Second, their shipping rates are not very good. If you need faster shipping, then you might want to look at the other options like Zedge.
That’s it! That’s all you need to know about gumroad and its competition. It’s easy to pay with PayPal. 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.