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. 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 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. 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 comparison to some of the other platforms available in the market which provide similar benefits but charge a higher transaction fee.
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. 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. 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. 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. 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. 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. 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.