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
Last Updated : 03 July, 2023
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Sandeep Bhandari holds a Bachelor of Engineering in Computers from Thapar University (2006). He has 20 years of experience in the technology field. He has a keen interest in various technical fields, including database systems, computer networks, and programming. You can read more about him on his bio page.
This article goes beyond the basics, providing a detailed comparison of the two platforms, which is valuable for businesses.
Absolutely, it’s great to see such in-depth insights into the platforms’ features.
The comprehensive nature of the article provides a deep understanding of both platforms.
The article provides a clear understanding of the differences between Gumroad and Selfy which is very helpful to businesses.
I agree, businesses need to consider all aspects before choosing a platform.
Great insight into the key differences between Gumroad and Selfy. It’s very beneficial for potential users to understand these aspects.
Agreed, the features highlighted provide a comprehensive comparison.
The comparison of Gumroad and Selfy is very useful for businesses looking to make an informed choice about e-commerce platforms.
High-level comparison based on business model differences. Insightful post!
The in-depth comparison provides a clear view of the platforms.
The focus on specific aspects helps to see which platform is more suitable for different purposes.
Great comparison between the two platforms. It’s important to understand the key features of each.
I appreciate the depth of insights provided – very helpful.
Interesting article. I agree that the right platform is essential for easy transactions.
I think Gumroad’s pricing is an important factor to consider for small businesses.
I appreciate the detailed comparison, especially in terms of business needs and selling models.
It’s impressive to see a thorough analysis of the platforms’ differences and functions.
The comparison makes it easy to weigh the pros and cons of each platform.
In-depth analysis of the platforms helps readers to understand the nuances of each, aiding in informed decision-making.
Agreed, understanding the differences can help business owners align with the right platform for their needs.
It’s helpful how the post covers multiple aspects that businesses need to consider for e-commerce platforms.
The comparisons offer great insights to guide business owners in making the best choice for their e-commerce strategies.
The post provides comprehensive details to help businesses choose the platform that fits their needs.