Monetizing and creating subscriptions for your Discord server & Discord bots can be a fantastic side-hustle if you are looking to increase your income while putting in minimal effort. There is no downside to monetizing your Discord server, with Discord promoting monetization of servers on its platform. This guide will give you an overview of the ways you can monetize your server and the best software available to do so. This guide will cover the following:
- Prerequisites before starting your subscription
- Choosing software to monetize with
- Reasons why Whop is the best monetization option
- Creating your Whop account
- Creating your product page
- Exploring Whops features and customization options
Prerequisites before starting your subscription business
Before starting your discord-based subscription empire. It is important that you have a product worth selling. This could either mean setting up your discord server or making minor adjustments to ensure your server or bot, is ready to go to market.
If you are yet to fully set up your discord server, having issues with creating discord roles or need further assistance. We would suggest you check out our other discord guides.
1/ Learn how to add discord roles
2/ Learn how to create a discord server
Choosing software to monetize with.
Now that you have properly set up your Discord server, it is time to choose which platform you will set up your subscription with and ultimately monetize your discord server. One of the biggest factors deciding which platform to choose is their percentage take of your sales (and profits). Below we have put together a table of the different takerates of popular platforms.
We would suggest choosing our platform which has the lowest take-rate, Whop.com so that you can maximize your profits.
Profit cut rates for various subscription-based sites
| Site | Take Rate |
|---|---|
| Whop | 3% |
| Patreon | 5-12% |
| Buy Me A Coffee | 5% |
| Kofi | 5% |
Reasons why Whop is the best monetization option
Choosing the platform with the lowest fees, is the first stage when finding the subscription platform that is right for you. It is important that you are also considering which platform has the best product and is most robust for your use case.
Here are some of the important features:
- Marketplace - Grow your business through marketplace discovery
- Robust affiliates feature - Create your products ambassadors with ease
- Content system - Sell access to your guides with ease
- Payment Options - Crypto, Apple pay, Google pay and more
- Automatic discord roles on purchase
- 24/7 Support
Whop gives internet entrepreneurs (you) powerful tools to crush it in all aspects of your business. We handle all the hard stuff — payments, customer insights, memberships, marketing, and fulfillment — so you can focus on what matters most: customers, community, and product.
- Steven Schwartz
Creating your Whop account
Now that you have decided that Whop is the best choice for monetizing your discord server and/or bots. This guide will breakdown how you can set up your Whop account and start monetizing.
The first step is to set up your Whop account, this is first step in starting your business and is where you will manage all of your operations from.
Simply head over to Whop.com and make an account by using the button in the top right corner.
Creating your product page
Now that you have finalized your Whop account, you will need to create a product page on Whop. Your product page is where you will send customers so that they can learn about your company and buy your service / access to your discord server.
To do this, simply click the 'Sell' button in the top right-hand corner, or navigate directly to our business site here.
Once you have done so, you will need to follow the onboarding steps which go as follows:
- Create a new community
- Add a company name & your twitter handle (optional). (Adding twitter will automatically add your profile picture, bio and link on your product page.)
- Select the category that best describes your business or bot
- Choose your pricing.
- Input a slogan and a logo (Or your twitter profile picture)
Exploring Whops features and customization options
Once you have created your community or software product page, make sure you explore the plethora of features Whop has to offer.
With your Whop dashboard, you are able to add multiple passes, change the perks individuals get access to, see your members and how has paid for your subscription here. Whop has everything you will need and if we don't we are open to your suggestions and feedback here.
There is plenty of features we believe you will find value from, if you are looking for a full breakdown we would recommend scheduling an onboarding call.
