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. 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? 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, 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. 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.
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. There are also some limitations when it comes to their shipping rates. Shipping times can be very long and there may be delays that could lead to 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. Second, their shipping rates are not very good. 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!