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. It has been around for just over a year and is already a major player in this emerging market.
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 such a great platform for selling 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 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.
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 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. 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. 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.