# Whop's May Rundown By [Whop](https://paragraph.com/@whop) ยท 2024-06-16 whop, social, ecommerce, creators --- ### **If you only have 30 seconds to read this, here's what you need to know:** * In May, **over 1,000 new creators made money for the first time,**๐Ÿ’ฐ & over **100,000 new customers** made their first purchase on [Whop.com](http://Whop.com) * **Whop app usage is exploding** โ€“ top Whop creators are moving their entire product offering into Whop Apps to give their users a more bespoke product ๐Ÿคฏ * **Top 2 tips to grow your business** - encourage members to stick around with year-long pricing, & grow your community organically by making all of your users affiliates ๐ŸŒฑ **Did you know?** 80% of users access products from a mobile device โ€“ tell your members to download the [**Whop mobile app**](https://apps.apple.com/us/app/whop/id1600181492) ASAP for a waaaaaayyyy better user experience! ![Video gif. Man puts on goggles and proceeds to front flip off a diving board into a pool full of money as it splashes out around him.](https://storage.googleapis.com/papyrus_images/299bc7b4d16e80860e348fc21eec9b43.png) ^ This is you after reading + learning from Whop's May Rundown ![](https://storage.googleapis.com/papyrus_images/bdb6bd70686deae8326fe3064cd2d7c9.png) ### **Fastest growing companies - new on Whop** These 5 creators **started May with $0 and made close to half a million dollars** combined by the end of the month: 1. [**Weekly Wizdom**](https://whop.com/marketplace/weeklywizdom/) - c_ross-asset newsletter_ 2. [**Corporate Landlords Mentorship**](https://whop.com/corporate-landlords-mentorship/) \- _build a credit-repair businesses_ 3. [**Faceless YouTube Growth**](https://whop.com/marketplace/faceless-youtube-blueprint/) \- _launch + scale a faceless YouTube channel_ 4. [**Ryan Beats Vegas**](https://whop.com/marketplace/ryan-beats-vegas/) - _sports picks + money management_ 5. [**Smartrader Academy**](https://whop.com/smartrader/) - _beginner-friendly options trading community_ ![](https://storage.googleapis.com/papyrus_images/8a3d7631d08db85a420e33ef37a54ba9.png) ### **Fastest growing companies - overall** These 5 creators **grew their revenue the most** on Whop in May: 1. [**Pick Stream**](https://whop.com/pick-stream/) **(259% growth)** - _data-driven sports picks_ 2. [**GloJays**](https://whop.com/marketplace/glojays/) **(2,393% growth)** - _daily curated sports picks_ 3. [**TJRTrades**](https://whop.com/tjrtrades/) **(32% growth)** - _live trading, community + mastermind_ 4. [**Profit Insider**](https://whop.com/profit-insider/) **(236% growth)** - _live trades, education + community_ 5. [**Suits Commerce**](https://whop.com/suits-commerce/) **(420% growth)** - _e-commerce course + community_ Shoutout to Pick Stream and Suits Commerce for making it onto the leaderboard two months in a row! Save some for the rest of us! ![](https://storage.googleapis.com/papyrus_images/f1a2d2f7a3b051561ea012d5fbed06e0.png) Fight for a spot on the Creator Leaderboard in June ๐ŸฅŠ ! But in the meantime, you don't have to rank on the the top 5 charts to be making $$$ on Whop ... ### **Here's some stats you should know about how businesses like yours made money in May** ๐Ÿค‘ **:** * **More than 1,000 new creators made money** for the first time * More than 400 creators **made over $500 for the first time** this month * Over **100,000 customers made their first purchase on Whop** in May * * * ![](https://storage.googleapis.com/papyrus_images/b9b75acf0cba8ecd6e12a333ec081494.png) **Why are we so excited about Whop apps**? Apps let you build out nearly any product you can dream up, or make a wayyyy more user-friendly version of what you've already been selling โ€“ which members can now access all in one place! Creators have started building out their apps, and it's caused some movement in the Whop app leaderboard! In May, the Courses app moved up in the ranks, snagging the #1 spot with over 2,000 downloads from creators like yourself. ![](https://storage.googleapis.com/papyrus_images/38b5e1e32c6b2e1739ad4b637bc0f3c2.png) ^ If you're currently hosting different products on different platforms, you can move them all over to Whop apps so your users can access them all in one place * * * ### **These are 3 creators that used Whop Apps in May to take their product offering to the next level** **1)**. [**Run With the Winners**](https://whop.com/marketplace/runwiththewinners/) - is using the **Sports App** to post picks, allow users to tail, add promo affiliate links, and send sports pick notifications to users. ![](https://storage.googleapis.com/papyrus_images/c7509b9ebf243dfa60c70750f7e27c80.png) ๐Ÿšจ WHOP APP UPDATE ALERT -- in May, we launched a new + improved Sports feed app!! If you offer sports picks, you need to add this app to your Whop ASAP **2)** [**Emmanuel Trades**](https://whop.com/marketplace/emmanueltrades/) **-** offers everything in one place: chats in the **Chat app**, announcements in the **Forums app**, homework help using **Tickets app**, live trading posted in the **Events app**, courses hosted in the **Courses app**, and his personal website displayed IN his whop by using a **Website Embed** app. ![](https://storage.googleapis.com/papyrus_images/1603fb347f7fec8864a22cdfc46ef087.png) ^ Emmanuel's community trading chat has been popping off! **3)** [**Closer Cartel**](https://whop.com/marketplace/closer-cartel/) **\-** has added a **Job Board app** to their Whop, where they can post positions and hire members from within their own community. Closer Cartel teaches members remote sales, so after members learn from their courses, trainings, live sessions, and resources, they can actually secure a sales role. ![](https://storage.googleapis.com/papyrus_images/d43e4c6131c476f8a5310e10585dbf26.png) ^The Job Board app lets you post and/or find jobs within your community * * * ![](https://storage.googleapis.com/papyrus_images/1dfbbfa2ba301c5c26194b7b70364046.png) In May, we launched what might be our most exciting creator dashboard yet โ€“ [**Growth Hacks**](https://whop.com/dash/growth-hacks/)! This page lets you track exactly how much extra revenue you're generating by putting our moneymaking tips into action. We'll be adding more growth hacks to the dashboard in the future, but this month, these were the two ways our data showed that creators grew their businesses: ### **1) Optimize pricing with an annual option** ๐Ÿ• The average creator will gain around **8% more revenue** by adding an annual pricing option to their existing prices. ![](https://storage.googleapis.com/papyrus_images/188919e60a263cc477702eaccb887773.png) PS this is a real screenshot from a real creator's Growth Hack dashโ€“ this stuff actually works! **Why it Works:** * You can protect against volatility ๐Ÿ“‰ * You attract serious, committed, + engaged customers โœ ![](https://storage.googleapis.com/papyrus_images/495a5f021c52cf7ed451848d42f9d9a5.png) ๐Ÿšจ NEW WHOP FEATURE ALERT - Customers can see right on your store page how much they would save if they purchase a longer-term membership! **How to do it:** * On your "Products" page, click on the product you're selling * Click "+ Create Pricing Option" * Set your "Subscription Price" and set the "Subscription Period" to 1 year ![](https://storage.googleapis.com/papyrus_images/f5ad05986368006e8fe5e1f045264e21.png) ^ Adding a yearly pricing option is THIS EASY!! ### **2) Set up Global Affiliates** ๐ŸŒŽ Creators who set up Global Affiliates gain around **6% in added revenue** โ€“ just by turning them on! Let any of your members refer their friends to your product, and reward the referrer once their friend makes a purchase! ![](https://storage.googleapis.com/papyrus_images/9b97e65478641a7462d1f1995d668784.png) A real creator on Whop has made over 19k, just by turning on Global Affiliates ๐Ÿคฏ This could be you! Run, don't walk -- go turn on Global Affiliates for your company now! **Why it Works:** * Get organic growth from your existing community ๐Ÿง‘โ€๐Ÿคโ€๐Ÿง‘ * Affiliates = easy marketing with no upfront cost ๐ŸŒ **How to do it:** * On the Affiliates page (under "Marketing" on your dashboard), click on the "Global Affiliates" button * Hit "Add reward" for any and all products your members will be able to refer * Set your reward (as a % or flat $ amount) for successful referrals ![](https://storage.googleapis.com/papyrus_images/411acde7b10c68cb1802bf5953aef131.png) ^Set either one-time or recurring affiliate rewards for each product + pricing option * * * **That's all folks!** --------------------- Now that you're done reading, here's a checklist of **3 things to do right now** to put May's learnings into practice, so that they pay off in June ๐Ÿ“† : ### **YOUR JUNE TO-DO LIST** **1)** Stop everything you're doing and **tell your members to download the Whop Mobile app** โ€“ post in your community chat, share on socials, just make sure your members know that they're missing out if they don't have it!!! โœ… ![](https://storage.googleapis.com/papyrus_images/1bebd6429bad7794240851606d9b9460.jpg) **2) Add at least 1 Whop App** to boost engagement, add value to your product, and/or make a cleaner experience for your users. โœ… **3)** **Turn on Global Affiliates and add a yearly pricing option** to whatever product you are currently selling to make some more $$$. โœ… [Push this button to tell us what you want to see in the next Monthly Rundown](https://whop.com/hub/whop/whop-forum-mfEQN7qaIAiSUi/app/) --- *Originally published on [Whop](https://paragraph.com/@whop/whops-may-rundown)*