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 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. 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.
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 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. 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. 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. 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 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. 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. If you need faster shipping, then you might want to look at the other options like Zedge.
That’s it! This is all you need to know regarding gumroad and its competitors. Paying with PayPal is pretty easy as well. 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.