What does Whop mean?
Updated
The short answer
Whop is an online platform where creators sell digital products to their audience. The word also refers to the private space or hub you build for your buyers. On Whop, you can sell digital files, courses, paid communities, and software. It gives creators tools to take payments and share content easily.
What you can sell on Whop
Whop lets you sell several types of digital items. You can sell paid communities, online courses, digital files, and software. You can also run clipping campaigns. Whop was founded in 2021 by Steven Schwartz, Cameron Zoub and Jack Sharkey, and it is based in New York.
If you run video campaigns, Whop Content Rewards pays clippers per thousand views for reposting your videos. Inside your community, you can also install tools from the Whop App Store to give your members new features.
How fees and payouts work
Whop charges sellers a fee on sales. For most products, this fee is a small fee plus payment processing. Keep in mind that apps and some categories differ. Buyers can pay using a credit or debit card, PayPal, Apple Pay, Google Pay, and some crypto.
Your earnings go directly to your bank account through payouts. Whop has a minimum balance before you can withdraw your funds. Check Whop's help center for the current number on withdrawal limits and fees.
What to watch out for
Selling on Whop has many perks, but you should keep a few details in mind. First, you cannot withdraw money at any time if your balance is too low. You must meet the minimum balance rule first. Check Whop's help center for the current number.
Second, fee rates change depending on what you sell. Most digital goods cost a small fee plus payment processing, but apps and certain categories may cost more. Also, buyers normally need to join a community space to get their files, which can add extra steps.
Steps to start selling and our recommendation
To start selling, create your account and set up your community space. Next, pick what you want to sell, like an online course, a digital file, or community access. Connect your bank account so you can receive payouts when you hit the withdrawal balance.
If you sell simple files, you can make buying even easier. Install MKKT from the Whop App Store: upload your file, set a price or make it free, and share your store link so buyers can purchase without needing a Whop account.