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. 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. 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 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.
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 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 it! That’s all you need to know about gumroad and its competition. It’s easy to pay with PayPal. PayPal is the best platform for digital products because you can get instant payments and it’s 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.