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What is Gumroad? What is the use of Gumroad?

Eran Karaso
Tips & Tools
A freelancer setting up an online store on Gumroad, showcasing digital products like e-books, design templates, and online courses. The image represents ease of selling, financial independence, and the flexibility of freelancing.

Gumroad is an easy to use, well known and a very beneficial platform designer to help freelancers to sell their digital products, physical goods, or subscriptions directly to customers.  Gumroad is an e-commerce platform that provides simple and accessible sources to its members. It helps members to set their shop quickly without complicated tasks or stages.

Key features of Gumroad include:

  • Digital and Physical Product Sales: From e-books to merchandise, you can sell a wide variety of items.
  • Subscription Options: Ideal for creators who want to offer memberships or recurring services.
  • Simple Checkout Process: Customers can buy products with just a few simple clicks, boosting conversion rates.
  • Integrated Payment Gateways: Gumroad supports multiple payment collection methods for global transactions.

What is the Use of Gumroad?

Gumroad is preferred mostly by freelancers, small business owners, content creators and entrepreneurs. With the use of Gumroad, they are able to sell their digital products, manage and sell their subscriptions and physical products.

Digital Products: It is perfect for selling digital products such as ebooks, design kits, online webinars and courses, stock assets such as stock photo, stock audio, effects or videos.

Physical Products: Whether it is jewelry or handmade goods, freelancers can easily sell their physical products from Gumroad.

Managing Subscriptions: Gumroad is perfect for subscription sellers as well. It allows creators to offer and sell memberships easily. Memberships can be courses, subscriptions or mentorships they provide to their clients.

Enabling Global Invoicing: With Gumroad, creators can issue professional invoices automatically, ensuring compliance with international standards. 

For this, Ruul is also a great help to sell digital services in 190 countries ensuring compliance with international standards. It also provides multiple payment options to freelancers to allow such as credit cards, bank transfers, crypto payouts.

How to Start Freelancing as a Student on Gumroad

Gumroad is also a great choice for students to start freelancing since they do not have much time but want to improve their skill and maintain a financial income. So in simple words

Steps to Start Freelancing as a Student

  1. Identify Your Skills: Before diving into freelancing, assess what you can offer. Popular student-friendly freelance opportunities include:
  • Graphic design
  • Writing and editing
  • Social media management
  • Programming

As a student, you can focus on the skills you're currently learning or build expertise in a field you're passionate about.

  1. Create Your Portfolio: Portfolio is important but if you don't have an attractive portfolio yet, don't worry. You can create a portfolio with the ones you have and try to improve your skill and keep updating your showcase with your newest ones.
  2. Set Up a Gumroad Store: Gumroad allows students to easily sell their services or digital products. For instance:
  • Sell study guides or notes.
  • Offer design templates for student projects.
  • Provide tutoring sessions through a subscription model.

Creating your Gumroad store is simple and free to start. Once you've set up your store, you can begin selling immediately. This is a great way for students to start earning money while still in school.

  1. Promote Your Work: Leverage social media, school networks, and Gumroad’s built-in marketing tools to reach potential clients. Promoting your products and services on platforms like Instagram, Twitter, and LinkedIn can help you expand your reach and attract a wider audience.

Skills for Freelancing

Freelancing requires a combination of hard and soft skills. Developing these will increase your chances of success:

  1. Technical Skills: Your specific expertise (e.g., web development, writing, or illustration) forms the foundation of your freelancing career. Continually improve and update your skills for freelancing to remain competitive. As a freelancer, you need to stay up-to-date with industry trends to provide value to your clients.
  2. Communication: Clear communication is important when interacting with clients, understanding their needs, and negotiating terms. This includes both verbal and written communication skills. Being responsive and proactive can help you build strong client relationships and secure repeat business.
  3. Time Management: Balancing multiple clients and deadlines requires strong organizational skills. Tools like Trello, Asana, or Google Calendar can help you stay on track. 
  4. Marketing: To attract clients, you must know how to market yourself. Gumroad can help by providing an easy to use platform for showcasing and selling your services. 
  5. Financial Management: Managing your income, expenses, and invoices is important. Gumroad’s features like global invoicing make it easier to keep track of payments and handle taxes. As a freelancer, you are responsible for your own finances, including setting rates, invoicing clients, and saving for taxes.

By developing these skills, you'll be better equipped to handle the challenges of freelancing and grow your business.

While showcasing in Gumroad and other beneficial platforms, Ruul is a great platform designed to simplify financial management for freelancers. It offers services like onboarding clients, managing invoices, payment collection methods, and global invoicing, helping freelancers manage their earnings efficiently.  Freelancers can sell their services in 190 countries without thinking the hassle of invoicing, payment management, necessary templates to reach and more.

With Ruul, freelancers can ensure fast, secure payments, making it an essential tool for growing their freelance business.

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