What is it?
Gumroad: A service that lets you "sell anything you can share" which is to say - anything you don't need to collect shipping information for. Each purchase ends with a download link.
You create "links" that send you over to a Gumroad page where customers can enter an email address, credit card number, and boom - download what they purchased. (Here's an example I set up to sell one of my photos).
Who makes it?
Why is it the killerest?
It's not PayPal.
Everything is elegant, simple and quick.
For entrepreneurs, I could see using it to sell stuff like advertising slots, access to a beta release, an ebook, software, stuff like that.
Here's a nice demo they put together so you can see how it would work.
What could be improved?
Your customers don't have to hassle with PayPal, but Gumroad does use PayPal to pay you what you earn. Direct deposit in my bank account would be a lot better. They also ask for a $10 minimum owed, and 60 days to pay you (I assume they pay quicker than that though).
It's a touch buggy still (I created a link, and it created two for me - easy enough to delete one though).
I'd love an embed option. Let me just drop a button on a page that opens up with this Gumroad goodness. Every PayPal button on the internet tied to an intangible could be replaced with it.
It's a little pricey.
How much does it cost?
5% + $0.30 per transaction
Reviewed by Carson McComas
I was thinking to use Gumroad. But I was worried if use Gumroad then paypal can freeze my account. Because I 2000 USD accept payment through my paypal each moth. That is a Premier account. So that is why I was thinking if I'll start using Gumroad then Paypal will block my account. Can you please help me out with this confusion.
Posted by: Rony William | Jun 26, 2012 1:00:31 AM