Yesterday @Gumroad Anno…

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  • Yesterday @gumroad announced to 3x their fees. Many creators are leaving (including me). Here are 10 best platforms/solutions to look at: (View Tweet)
  • First of all, let’s talk about merchant of record. A merchant of record can handle the complexity of VAT compliance on behalf of a company. This can include tasks such as calculating and collecting VAT, filing VAT returns, and keeping accurate records of VAT transactions. (View Tweet)
  • Handling VAT from multiple countries take a lot of time and money so look at merchant of record as additional bonus. Not all platforms/solution offers this. (View Tweet)
  • Additionaly some of these platforms bellow have integrated Stripe and PayPal payment, which can cost you an additional 2.9% + 30¢. So, before deciding to switch, double-check the transaction fees (View Tweet)
  • I also divided these platforms/solutions into 3 categories:
    1. E-commerce platforms. Platform that you don’t own.
    2. Custom e-commerce platforms. Platforms that you own.
    3. Payment links. Link to checkout page. (View Tweet)
  • And lastly. There are numerous other solutions available online, but these are the platforms/solutions I would recommend to others. Okay, let’s get started. (View Tweet)
  • ⚫️ Category 1. E-commerce platforms. (View Tweet)
    1. Lemonsquezy. ( @lmsqueezy ) Fees: 5% +50¢. Pricing: $0/month. Merchant of record: yes. Lemon Squeezy made setting up a store and selling digital products super easy and fun. No more clunky plugins to manage or taxes to worry about. (View Tweet)
    1. ConvertKit. ( @ConvertKit ) Fees: 3.5%. Pricing: starting $0/month. Merchant of record: no. ConvertKit offers an easy path for creators to experiment with earning a living online—without needing to invest in another platform. (View Tweet)
    1. Podia. ( @podia ) Fees: 0%. Pricing: starting $33/month. Merchant of record: no. Podia is your all-in-one digital storefront. The easiest way to sell online courses, downloads, webinars, and community, no technical skills required. (View Tweet)
    1. Kajabi. ( @Kajabi ) Fees: 0%. Pricing: starting $119/month. Merchant of record: no. A complete online business platform for serious entrepreneurs, experts, and influencers. Build, market, and sell your online courses, membership sites and digital products. (View Tweet)
  • ⚫️ Category 2. Custom e-commerce platforms. (View Tweet)
    1. Woocommerce ( @WooCommerce ) Fees: 0%. Pricing: starting $0/month. Merchant of record: no. WooCommerce is a customizable, open-source eCommerce platform built on WordPress. (View Tweet)
    1. Shopify ( @Shopify ) Fees: 0%. Pricing: starting $29/month. Merchant of record: no. Try Shopify free and start a business or grow an existing one. Get more than ecommerce software with tools to manage every part of your business. (View Tweet)
    1. Webflow E-commerce ( @webflow ) Fees: 0%. Pricing: starting $29/month. Merchant of record: no. Push the limits of web design and create unique commerce experiences for your customers. (View Tweet)
  • ⚫️ Category 3. Payment links. (View Tweet)
    1. Stripe Checkout ( @stripe ) Fees: 2.9% + 30¢. Pricing: $0/month. Merchant of record: no. Checkout is a low-code payment integration that creates a customizable payment page so you can quickly collect payments on desktop and mobile devices. (View Tweet)
    1. Paddle ( @PaddleHQ ) Fees: 5%. Pricing: $0/month. Merchant of record: no. Embed entire checkout page inside your page. (View Tweet)
    1. Shopify Button ( @Shopify ) Fees: 0%. Pricing: starting $29/month. Merchant of record: no. Add button that redirects to a customizable payment page so you can quickly collect payments on desktop and mobile devices. (View Tweet)
  • @Shopify The end. I hope this list has given you a better understanding of the alternatives to Gumroad. P.S. If this helped you out:
    1. Follow me @ModestMitkus for more of these.
    2. RT my first tweet to share with others. (View Tweet)