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. 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. 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 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 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 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. If you’re looking for a platform that doesn’t charge fees to purchase your products or services, eBay is a good choice. You might also want to consider other options before you spend your money on eBay.
There are also some gumroad alternatives that offer a good part of the features that you will find on eBay. Zedge, for example, is a great part of what eBay has to offer, but it does have its limitations. For instance, it does not support multi-step checkout, thus if you want to complete a transaction, you will have to come back 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. 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. Zedge is another option if you require faster shipping.
That’s it! 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!