E-commerce platforms with minimal hassle to purchase are what the consumers shall look for. 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. There are a few online selling platforms that support the sellers by charging them from very little to nothing for the sale made on their platforms.
Two of those are Gumroad and Selfy. They both have similar functionality in numerous aspects but differ significantly in few areas that make the business owners select only one.
Gumroad vs Selfy
The main 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. As a seller, you can upload the product images and description so that you can wait for the customer to buy it. As the customer buys the product, Gumroad processes the fee and transfers the funds every Friday.
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. It also supports the sale of digital as well as physical products online. As a business owner, you can display your products with the help of customized videos so that the customers can buy them if they like them.
Comparison Table Between Gumroad and Selfy
| 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 the customers. Such platforms encourage the writers, authors, musicians, software developers to meet potential buyers for their products. The best part of Gumroad is, the buyer can place an order for future purchase too.
This platform is most sought by small businesses as it has many features that support cost reduction. There is no hassle of any high fees or low conversion rates too. It acts as an integration between social media platform or gumroad platform to your website so that the sale can happen.
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 sellers’ website. Once the deal is done, the product is delivered by Gumroad.
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. It is indeed a vast marketplace that charges nothing for the sale that has happened. However, the product delivery is to be done by the seller. This is unlike Gumroad, though.
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 product images, videos and explanation as the description is available for the customers to read and reflect.
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. Selfy has an amazing feature to upsell other products as the customer purchases one.
The mobile compatible platform, Selfy, has a range of integrations to track the performance of your product too. The sales reports generated helps any business to make informed decisions to increase their sales count for that month. With a vast marketplace of customers, the platform can hold unlimited products for sale.
Main Differences Between Gumroad and Selfy
- The main difference between Gumroad and Selfy is the per sale charges the platforms charge. While Gumroad charges a small fee for every sale for internet handling, product delivery and so on, Selfy does not charge any from the sellers for the sale that has happened.
- Gumroad takes care of the delivery of the product, while Selfy does not do that task.
- Gumroad does not have upselling feature in it, whereas Selfy is most sought after by business owners because of this option.
- 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 offers a trial period as well.
Conclusion
Online selling platforms are booming these days. With customers evolving every day, the platforms must have unique features to attract both the merchant and the customer. Having said that, Selfy is a far ahead platform when compared to Gumroad. Be it the website, or the features, it is too big to compare it with Gumroad. Also, the website of Gumroad is not easy to navigate as well. The payment threshold and payment date are those things that make the merchants think twice while they look for an e-commerce website.
References
- 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