What is Gumroad? Gummy bear shaped video chatting site for digital market penetration. 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 has been launched with a big bang – its portal was launched at the end of 2009, with millions invested by different corporate bodies as well as 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. 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 kind of information is very important for any kind of business, because ultimately it will help you understand how your customers think, which means better strategies to serve them and make more sales.
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. 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. It does not support multi-step checkout. If you want to complete a transaction you will need to return to the checkout page. Shipping rates are subject to some restrictions. 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. If you need faster shipping, then you might want to look at the other options like Zedge.
That’s all! This is all you need to know regarding gumroad and its competitors. 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. If you are looking to start an e-business but have nothing to offer, then you should consider one of these platforms.