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. 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.
Lo-fi is one of the most sought-after digital products at gumroad. 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 comparison to some of the other platforms available in the market which provide similar benefits but charge a higher transaction fee.
However, is it really worth paying extra for these benefits when you get everything you want from an 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. 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. 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. 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.
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. 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. 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.