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Old 05-30-2024, 07:38 PM   #1
Rictor
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Join Date: Oct 2017
Location: Indianapolis
Posts: 1,982
Default Anyone selling on Whatnot?

Something cool I realized is that they have a deal with USPS for $8.35 flat rate shipping for medium and large flat rate boxes, which is a pretty good discount. They also match your first $150 in sales if you go live the first week you sign up as a seller.

After being on the site a couple months as a buyer, I did a video game stream yesterday and did around $2200 in sales. Honestly, I could have made more if I took the time piecing everything out on Ebay or Facebook Marketplace, but it would have taken me a lot longer than the 3.5 hours I streamed. Worst part is the same as Ebay, packing up all those boxes and driving them to the post office. I spent about twice as long packing boxes as I did selling the stuff.

I ended up with 15 flat rate boxes and then a bunch of smaller orders for 1 or 2 items. The people that buy 1 item kind of suck, LOL. The guys that buy a box full of stuff make life easy.

I didn't do any $1 auctions because you lose money that way since there's a minimum 30 cent credit card fee plus 11% to Whatnot (they also take a percentage from the shipping money you collect). I started my auctions at $5 or more. If I do more streams in the future, I'll keep to that $5 minimum, I think.

I put about 5% of my items in ahead of the stream with photos and that seemed to help get people to bookmark the show in advance and request the big items. In the future, I'd probably list a lot more items before the show. It makes requests a lot easier. I believe anything that doesn't sell, you can copy over to the next stream.

There are a ton of Pokemon and sports card sellers on there. A few nonsports sellers. Seems to be like Ebay Live, where you have a lot of bidders that don't know anything about sports cards, so you can throw up big lots of junk wax with a couple Michael Jordans in there and do well, but if you try to sell something actually worth money, you'll get like half the Ebay auction price if you have a good crowd.

I've also noticed a lot of scammers on there selling slabs from fake grading companies and talking them up, cheating at gambling games, and selling autographs with bad COAs. Pretty much the same thing you see on Ebay, except for the gambling, which is unique to Whatnot.
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