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 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. 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.
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? These gumroad alternatives will provide all the benefits you desire. 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. 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.
Although podia is a great part of eBay’s offerings, it has its limitations. 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! 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.