Consumers shall look for E-commerce platforms with minimal hassle to purchase. At the same time, if the marketplace offers an easy selling option for the sellers, it is considered to be the best to develop the business.
Two of those are Gumroad and Selfy. They both have similar functionality in numerous aspects but differ significantly in a few areas, which makes the business owners select only one.
Key Takeaways
- Gumroad is a platform that enables creators to sell digital and physical products directly to their audience. At the same time, Selfy is a social commerce platform allowing users to shop and earn cashback from their purchases and referrals.
- Gumroad charges a fee per transaction and provides various features such as audience management and analytics, whereas Selfy earns commission through referrals and provides cashback and discounts to its users.
- Gumroad is more suitable for creators who want to monetize their content and build their brand, while Selfy is ideal for users who want to save money while shopping and earn passive income.
Gumroad vs Selfy
The difference between Gumroad and Selfy is the selling model that they have set for the businesses. Gumroad charges a small amount as a fee for every sale that happens, while Selfy is free. Both Gumroad and Selfy can accommodate unlimited products. You can sell both digital as well as physical products through these platforms.
Gumroad is an online selling platform for small businesses as well as established enterprises where the seller can meet the buyer directly without any hassle.
Selfy Again is an e-commerce platform where you can build a store and sell your products. You can have the customers visit your online store and make purchases.
Comparison Table
| Parameters of Comparison | Gumroad | Selfy |
|---|---|---|
| Upselling | Businesses cannot upsell using Gumroad. | The option of upselling is readily available for the sellers. |
| Product Trial | No product trial options | Product trial options are available. |
| Personalised Store | There is no option to create an online store. | You can create your online store and display the product images, videos and so on. |
| Analytic tools | There is no such provision to integrate with analytic tools. | Selfy offers a comprehensive analytics model in its platform. |
| Product Delivery | Handled by Gumroad | The business owner must take care of the product delivery |
What is Gumroad?
Gumroad is an online selling platform that enables sellers to sell their products to customers directly. Gumroad offers to sell digital as well as physical products to customers.
Small businesses most seek this platform as it has many features that support cost reduction. There is no hassle of any high fees or low conversion rates too.
You have a provision to display the product images and also have a short description of the product. The customer can purchase it by filling the buying form, and it redirects to the seller’s website.
The amount that is received for sale shall be transferred to the seller’s Paypal account every Friday. However, the minimum threshold to transfer will be $10. In a nutshell, you can
- Create and Sell products
- Also, interact with customers
- Gain sales insights
What is Selfy?
Selfy is an e-commerce platform that is considered to be more secure and friendly when compared to Gumroad. As usual, a seller can sell digital as well as physical products through this platform.
The platform has immaculate features that allow you to create and list your product within seconds. You can build your customized online store to invite customers.
The checkout features are considered so fast, and that’s the main reason many businesses opt for Selfy as their selling partner. The website is a lot sophisticated.
The mobile-compatible platform, Selfy, has a range of integrations to track the performance of your product too. The sales reports generated help any business make informed decisions to increase its monthly sales count.
Main Differences Between Gumroad and Selfy
- Gumroad’s analytic tools are not as comprehensive as Selfy’s
- Gumroad offers the license keys to the customers to check with the software before purchase, but Selfy also offers a trial period.
- https://heinonline.org/HOL/LandingPage?handle=hein.journals/washjolta11&div=6&id=&page=
- https://link.springer.com/chapter/10.1007/978-1-4842-2829-6_7
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