Yes, Gumroad declared on December 17 that all creators will henceforth pay a 10% transaction charge. OUCH. The rise in the Gumroad transaction fee is broken down below.On Gumroad, fees are straightforward: a 10% fee is applied to each sale you make. PayPal and credit card processing fees are not included in this.Gumroad said on short notice that they would be raising all creators’ fees by 10%. They apparently determined the present pricing structure was “too liberal.”
This implies that you may have to pay 15% for each transaction if clients choose to pay with PayPal.
It costs $150 if you sell high-ticket items as I do, such as $1K+ goods or services.
So users of Gumroad, be aware.
A Gumroad user states on twitter,
As a seller in the 3% tier I’m now paying around 750 USD per month in fees.
This is going to 3250 USD / month in February. Around 40K a year. I don’t know what they’re smoking.
Is it worth 30K to code a new backend connection to Paddle / Lemon Squeezy? Hell yes it is. I could even hire someone to do it for that money.
The most annoying thing is that they’ll take 13% of active subscriptions as well but you can’t raise the price of an active subscription so I’m going to have to try and move all my customers over somehow.
Here are 10 Gumroad substitutes to get anyone started right away.
- Podia
- Lemonsqueezy
- Flurly
- PayTable
- CreateKit Commerce
- Sellfy
- BuyMeCoffee
- PayHip (Donations)
- Ko-fi(Donations)
- Stripe
Gumroad E-commerce Platform Overview
Gumroad
Gumroad is an e-commerce platform that allows creators to sell products directly to consumers. It is primarily used by artists, writers, and other creators who want to sell digital products such as e-books, music, software, and video courses. The platform offers a variety of features including the ability to create custom landing pages, set up subscriptions, and track analytics. It also offers a pay-what-you-want pricing model, which allows buyers to decide how much they want to pay for a product.
podia
Podia is an all-in-one platform for creators to sell online courses, digital downloads and memberships. The platform allows creators to create and sell online courses, e-books, webinars, and other digital products. Additionally, users can create a customizable website to sell and promote their products, which includes an integrated blog and email marketing features. Podia also provide integrations with payment gateways and analytics to track sales and customer data. The platform does not take any commission on sales, unlike some other platforms.
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Podia Free Plan Summary
podia free plan
Podia is an all-in-one platform that allows users to create and sell online courses, memberships, and digital downloads. They offer a free plan that includes basic features such as creating and selling a single product, email marketing, and integration with payment gateways. However, some advanced features such as integrations with webinar platforms and affiliate marketing are only available on their paid plans.
podia free plan details
The free plan on Podia includes the following features:
Ability to create and sell one product (online course, membership, or digital download)
Customizable sales page and checkout page
Integration with Stripe and PayPal for payment processing
Ability to send up to 3 email campaigns per month
Basic analytics and reporting
Access to Podia’s customer support via email.
Please note that some features such as affiliate marketing, webinar integration, and email automation are only available on paid plans. Also there are some limitations on number of students, file storage, etc.
You may also have to pay transaction fees on the free plan which varies based on the payment gateway you use, and it’s not included in the free plan.