Really interesting to hear about your experience. If WhatNot doesn't get a bigger public audience soon, it will implode. You can't make money selling to resellers. At the moment there is a reseller-FOMO which is blinkering many of them. Reselling can be lonely and I'm sure the audience interaction makes these sellers feel less isolated. Like you, we feel sorry for the WhatNot sellers who we follow on youtube and are trying to make a go of it. They are under the impression that if they try harder it will work better, which probably won't be the case. I suspect their eBay stores are suffering due to the time spent preparing for WhatNot. Our daughter and her friends have never heard of WhatNot, despite them using all the social media platforms. The time-limited nature of a WhatNot auction, along with a limited audience is just not the ideal way to sell anything.
So many great points - the social aspect shouldn’t be underestimated - a small price to pay for some company/interaction. There is a lot of loneliness in reselling.
I’m stunned you got offered no fees and a personal contact plus other things! My experience was very different. I got the referral bonus (no of which have paid out yet) and there was a cash match bonus for the first week only and that’s it. I’m still going to be selling on there because I have to get rid of stuff but it’s bloody hard work and you feel drained after . Also it’s kinda crushing if nothing sells and you’ve wasted your time. I’ll keep monitoring it as I go. I’ve got to face the fact that I’ve not got enough time to list everything I have so it suits me for now along side the main sources of income
Whatnot feels like the boyfriend that's come along knowing that people have just come from a breakup with Poshmark. They are both dysfunctional relationships taking advantage of the vulnerable!
I’ve no plan to sell on WhatNot. I have watched a couple of shows but I loose interest very quickly. I just can’t see what the pull is for Jo Public. Why would you watch something for a couple of hours on off chance something might come up of interest. Waste of time.
Whatnot reached out to me several times, but I keep ignoring their emails. The thing with Whatnot is that in the US, they have a huuuuuge market unlike here. But even then, the ones that are doing well in the US are really big sellers, buying in pallet loads...ones who have massive buying power. Here, I see resellers sourcing from charity shops and I'm thinking....noooo, this is a sure fire way to lose money. I source from rag houses already, but even I am just not going down that Whatnot road. I can't bear to watch shows and see people selling stuff for a loss consistently. It's also still resellers selling to resellers...and I always said this was not sustainable on Postmark, and I don't think that's different for Whatnot.
I'm the same as you 😂 I've had email after email from them and I've just ignored 😂 I went fully in with poshmark from the beta programme, wasted too much time from my business and got burned. Can see whatnot being exactly the same unfortunately x
@@charlsplace ha, glad it’s not just me! Yeah, I didn’t go down the Poshmark road. I signed up and didn’t do anything with my account. I wanted to wait and see what happened…..and the more I saw, the more I didn’t like it. All the parties they threw but didn’t spend a penny on advertising made me leave that account alone! Sorry you got burned though, you live and learn thought right!
Loved this video, interesting that you say the big sellers are making loads ect, but are they? I watching it carefully and noticed a seller who had a big start selling Nike tops for £4/£5 and where is the profit?. Please do a video on your auction wins loved the ones you have done before 😊
If you’re paying £5 or £6 a kilo, and selling individual items for £5, if you sell 60 items an hour, that’s very good money. Add in the kickbacks, and that’s amazing money.
@@Married2Reselling wow I’d love to find somewhere that did £5 a kilo it’s all £15 where I am 🙈 I enjoy your honest and that you discuss the stuff everyone is thinking and feeling but not saying, sometimes it’s exhausting being positive all the time 😂
I helped my friend on her wotnot show tonight it was a lot pr preparation and work for not a lot of money it has put me of doing it to be honest and ur right most of the buyers are resellers 😢
You make lots of good points and we have already spoke about this on the podcast a little, i do believe that whatnot need to start a serious advertising campaign before lots of sellers just leave due to low sales values. What disappoints me most is that they are treating sellers very very differently with benefits and bonuses and sponsorships. It's starting to feel very unfair and i also believe that (like youtube) if you are being sponsored in any way it should be declared on the video and made clear to viewers.
We were really surprised when you talked about your experience, that was a complete surprise and seems very unfair. Whatnot T&Cs clearly state that anything funded by WN, cannot be revealed to the audience. They don’t want ppl knowing that they’re funding the sponsorships/giveaways etc.. That’s why they don’t talk about it, might be different in the US because they all talk about it there.
@@Married2Reselling Ye whatnot told me it’s in the T&C’s but I think they should allow sellers to be transparent. I have told them that I will only accept such deals if I am allowed to disclose it. Maybe it’s cutting my nose off to spite my face but I just think it’s not right and I have to stick by that.
@@CookieTheHaydens wow, what an idea! To expand on that, perhaps others might be willing to sponsor a giveaway...starting with us. We'd love to send you something to use.... think about it..... could be brilliant!
Funny thing, my shop on eBay was call Wants N What Nots. I have changed my shop name now as I did not want people thinking I was associated with What Not!!
Whatnot need to start target advertising I have friends and family, who are online shoppers, spend a ton of money online. They are comfortable buying from TikTok shop shows, eBay, websites, everywhere online, via influencers recommendations… their kids have left home, they have well paid jobs, they have money to spend. no one I’ve asked have heard about whatnot. 99% of resellers have. But the general public are clueless If whatnot are not targeting the people with money in their pockets, it’s just a downward spiral for sellers. It’s very disappointing.
Well put. It’s a great place to source… as eBay can be, and Vinted, and Amazon…. but all these platforms priority is retail prices, not wholesale prices.
Seems like live selling is just a way to get rid of stuff which is going nowhere - You seem to have a good source of items from the auctions you go to and get great deals from those - can you make more from Ebay directly and then do local car boot every now and then to get rid of this stuff? Whatnot seems like a glorified car boot sale, which isn't a great look
For me the challenge with WhatNot is that you need to have a niche and have a pre-existing following in that niche. If you’re an established gaming only reseller with a social following of 50k+, if you push your shows to your following and get say 3% of your followers to attend that’s an audience of approx 1,500 people to sell gaming items to, who are interested in gaming items. In that scenario if you can source good stock in volume, then it can work to sell volume in a short amount of time compared to say eBay, that’s great. That makes whatnot a platform to leverage your already put in hard work of achieving your community elsewhere, but that’s not how they are positioning themselves. On the other hand… if you’re a generalist reseller or clothing reseller with a smaller social media following, how are you going to get a big enough audience to cover and guarantee sales of a diverse product range or a variety of clothing/shoes sizes. Faye’s example of gym shark leggings is spot on, that seller if they have an audience of say 200 on the show, what are the odds someone out of 200 wants them in that size, must be very low. Also why as a member of the public would I watch an hours shows in the hope you might have a couple of items in my size when I can find 1000s of items in my size on eBay? I’m not sure they are marketing the Why of the platform, why it exists and why it’s good for who. It has no clear stated purpose so it will likely fail.
Very well explained. It’s one thing having an army of social media followers, but how does that help the next person. Interestingly, before the days of poshmarkuk and whatnotuk these followings were built on community, with everyone helping each other. If you were just a lurker, you’d likely not generate a particularly big following, but if you shared and interacted, you would. We’ve never been comfortable using our following to extract money because for us, IG is a free resource of knowledge and community and we wouldn’t want it any other way. We’re not here to be sold to.
What not emailed me and apparently found my eBay store and thought I would be a good fit for them. Offered me no fees for my first show. I politely declined, I don’t want to do live shows. It all looks a bit too much effort to me.
Honestly one of the reasons I like being a reseller is that I don’t have to interact with people! I left a stressful enforcement career and I am quite happy working on my own. So when I got the emails from Whatnot I wasn’t going to touch them with a barge pole!
That’s a really good point, it’s something I’ve often sent since leaving public facing retail and hospitality, but I never really equated that customer facing aspect with whatnot until you just mentioned it.
Watched an hour show on whatnot this morning and the lady sold 13 for £1 each 🙈 and all sales to resellers. No one I speak to has heard of it and my daughter are like why would I sit and watch that 🤷♀️
Personally I think whatnot is in it's early days and a long way to go before it's a good selling platform for all . However early days of eBay were bidding only and I remember those days could be disheartening. However whatever ever we do for a living as SE folks,it must be beneficial to you and the rewards must be worth the input . I see some on it and they are giving it a go but whatnot just are not generating the punters ,those who are selling well do seem to be bringing their followers over from UA-cam ,insta etc
I remember those eBay days! When they brought in BIN it was a big deal and a game changer for businesses. I like the platform, there’s just not enough customers for everyone yet.
As we all know whatnot is about having a big following who will watch all shows. Also got to source cheap stock on a regular basis which is hard to do. You got to think about wether your selling 30 itens at a £1 or so each or sell less on eBay and make more pure profit. Dosent seem the top uk resellers on whatnot are making lots just whatnot throwing good deals there way. Have you ever seen whatnot advertise? I certinly have not just like poshmark. Its US based so difficult to bring accross and have similar success. Thanks for sharing your experiences
Cheers Peter. No one’s seen an advert… worrying. I think it’s a great idea overall, they just need to communicate their strategy better to alleviate concerns that a lot of sellers we’ve spoken to have.
@@Married2Reselling Thought it would be the 1st thing is to get an advert out on tv and spam on social media. Need to take on people concerns and address them
I think people haven’t got time to sit through wot not shows especially when the sellers dont list each item before hand . Resellers might do but ppl buying for themselves won’t keep on attending competing shows .
The crisis is definitely real, our local community centre/food bank are reporting record numbers of people needing support, many of whom are in employment.
We're showing more solds, and having a conversation not many seem to want to have openly.
Loved the way you filmed this
Really enjoyed doing it like this, nice to hear someone else did too!
Great video guys, good to see a bit of realistic information. Thanks.
Our pleasure!
Really interesting to hear about your experience. If WhatNot doesn't get a bigger public audience soon, it will implode. You can't make money selling to resellers. At the moment there is a reseller-FOMO which is blinkering many of them. Reselling can be lonely and I'm sure the audience interaction makes these sellers feel less isolated. Like you, we feel sorry for the WhatNot sellers who we follow on youtube and are trying to make a go of it. They are under the impression that if they try harder it will work better, which probably won't be the case. I suspect their eBay stores are suffering due to the time spent preparing for WhatNot. Our daughter and her friends have never heard of WhatNot, despite them using all the social media platforms. The time-limited nature of a WhatNot auction, along with a limited audience is just not the ideal way to sell anything.
So many great points - the social aspect shouldn’t be underestimated - a small price to pay for some company/interaction. There is a lot of loneliness in reselling.
I’m stunned you got offered no fees and a personal contact plus other things! My experience was very different. I got the referral bonus (no of which have paid out yet) and there was a cash match bonus for the first week only and that’s it. I’m still going to be selling on there because I have to get rid of stuff but it’s bloody hard work and you feel drained after . Also it’s kinda crushing if nothing sells and you’ve wasted your time. I’ll keep monitoring it as I go. I’ve got to face the fact that I’ve not got enough time to list everything I have so it suits me for now along side the main sources of income
They seem to change their offers. We had no fees, but you had cash match, I’d rather have had what you had!
Whatnot feels like the boyfriend that's come along knowing that people have just come from a breakup with Poshmark. They are both dysfunctional relationships taking advantage of the vulnerable!
This is a brilliant analogy!!
@@ThisisJo whatnot is defo thinking they get an easy lay!
Love it!
I’ve no plan to sell on WhatNot. I have watched a couple of shows but I loose interest very quickly. I just can’t see what the pull is for Jo Public. Why would you watch something for a couple of hours on off chance something might come up of interest. Waste of time.
Yes, for people not sourcing, it must all feel very strange.
Whatnot reached out to me several times, but I keep ignoring their emails. The thing with Whatnot is that in the US, they have a huuuuuge market unlike here. But even then, the ones that are doing well in the US are really big sellers, buying in pallet loads...ones who have massive buying power. Here, I see resellers sourcing from charity shops and I'm thinking....noooo, this is a sure fire way to lose money. I source from rag houses already, but even I am just not going down that Whatnot road. I can't bear to watch shows and see people selling stuff for a loss consistently. It's also still resellers selling to resellers...and I always said this was not sustainable on Postmark, and I don't think that's different for Whatnot.
Good point, have seen many US resellers not able to sell good stock either!
I'm the same as you 😂 I've had email after email from them and I've just ignored 😂 I went fully in with poshmark from the beta programme, wasted too much time from my business and got burned. Can see whatnot being exactly the same unfortunately x
@@charlsplace ha, glad it’s not just me! Yeah, I didn’t go down the Poshmark road. I signed up and didn’t do anything with my account. I wanted to wait and see what happened…..and the more I saw, the more I didn’t like it. All the parties they threw but didn’t spend a penny on advertising made me leave that account alone! Sorry you got burned though, you live and learn thought right!
From what I have seen of whatnot - it would be just as good selling at a Car Boot sale…
Good point
You’d probably earn more at a car boot!
Sounds like it might be a place for sourcing rather than selling if prices are that low.
Great to hear your thoughts on Whatnot - I'm along the same lines
Yes, it was like you’d already watched our vid this morning on your channel. I think we share a lot of the same ideas about it 🧠
Loved this video, interesting that you say the big sellers are making loads ect, but are they? I watching it carefully and noticed a seller who had a big start selling Nike tops for £4/£5 and where is the profit?. Please do a video on your auction wins loved the ones you have done before 😊
If you’re paying £5 or £6 a kilo, and selling individual items for £5, if you sell 60 items an hour, that’s very good money. Add in the kickbacks, and that’s amazing money.
@@Married2Reselling wow I’d love to find somewhere that did £5 a kilo it’s all £15 where I am 🙈 I enjoy your honest and that you discuss the stuff everyone is thinking and feeling but not saying, sometimes it’s exhausting being positive all the time 😂
I helped my friend on her wotnot show tonight it was a lot pr preparation and work for not a lot of money it has put me of doing it to be honest and ur right most of the buyers are resellers 😢
You make lots of good points and we have already spoke about this on the podcast a little, i do believe that whatnot need to start a serious advertising campaign before lots of sellers just leave due to low sales values. What disappoints me most is that they are treating sellers very very differently with benefits and bonuses and sponsorships. It's starting to feel very unfair and i also believe that (like youtube) if you are being sponsored in any way it should be declared on the video and made clear to viewers.
We were really surprised when you talked about your experience, that was a complete surprise and seems very unfair. Whatnot T&Cs clearly state that anything funded by WN, cannot be revealed to the audience. They don’t want ppl knowing that they’re funding the sponsorships/giveaways etc.. That’s why they don’t talk about it, might be different in the US because they all talk about it there.
@@Married2Reselling Ye whatnot told me it’s in the T&C’s but I think they should allow sellers to be transparent. I have told them that I will only accept such deals if I am allowed to disclose it. Maybe it’s cutting my nose off to spite my face but I just think it’s not right and I have to stick by that.
In addition i have also started advertising my giveaways as “provided by car boot chris and not sponsored” 😂
@@CookieTheHaydens wow, what an idea! To expand on that, perhaps others might be willing to sponsor a giveaway...starting with us. We'd love to send you something to use.... think about it..... could be brilliant!
It will never take off its just poshmark mk2
Funny thing, my shop on eBay was call Wants N What Nots. I have changed my shop name now as I did not want people thinking I was associated with What Not!!
What are the chances? People would think you’d copied, good move
Whatnot need to start target advertising
I have friends and family, who are online shoppers, spend a ton of money online. They are comfortable buying from TikTok shop shows, eBay, websites, everywhere online, via influencers recommendations… their kids have left home, they have well paid jobs, they have money to spend. no one I’ve asked have heard about whatnot.
99% of resellers have. But the general public are clueless
If whatnot are not targeting the people with money in their pockets, it’s just a downward spiral for sellers. It’s very disappointing.
Well put. It’s a great place to source… as eBay can be, and Vinted, and Amazon…. but all these platforms priority is retail prices, not wholesale prices.
Seems like live selling is just a way to get rid of stuff which is going nowhere - You seem to have a good source of items from the auctions you go to and get great deals from those - can you make more from Ebay directly and then do local car boot every now and then to get rid of this stuff?
Whatnot seems like a glorified car boot sale, which isn't a great look
That’s such a great point - wish I’d thought of that 🤣🤣
@@Married2Reselling sorry...I know most of what I said was pretty obvious. Wasn't thinking too much, watching whilst at work...but you got the gist
No I was being sincere, car boot IS a great point we’d not thought of
Love ur guys ethics - '' there's more to life than money'' - i feel like that is today's take away re 'What-Not' xx
Never had the app, dont see me ever getting the app. Good luxk to anybody selling on whatnot however its not part if my business plans.
For me the challenge with WhatNot is that you need to have a niche and have a pre-existing following in that niche.
If you’re an established gaming only reseller with a social following of 50k+, if you push your shows to your following and get say 3% of your followers to attend that’s an audience of approx 1,500 people to sell gaming items to, who are interested in gaming items. In that scenario if you can source good stock in volume, then it can work to sell volume in a short amount of time compared to say eBay, that’s great. That makes whatnot a platform to leverage your already put in hard work of achieving your community elsewhere, but that’s not how they are positioning themselves.
On the other hand… if you’re a generalist reseller or clothing reseller with a smaller social media following, how are you going to get a big enough audience to cover and guarantee sales of a diverse product range or a variety of clothing/shoes sizes. Faye’s example of gym shark leggings is spot on, that seller if they have an audience of say 200 on the show, what are the odds someone out of 200 wants them in that size, must be very low. Also why as a member of the public would I watch an hours shows in the hope you might have a couple of items in my size when I can find 1000s of items in my size on eBay?
I’m not sure they are marketing the Why of the platform, why it exists and why it’s good for who. It has no clear stated purpose so it will likely fail.
Very well explained. It’s one thing having an army of social media followers, but how does that help the next person. Interestingly, before the days of poshmarkuk and whatnotuk these followings were built on community, with everyone helping each other. If you were just a lurker, you’d likely not generate a particularly big following, but if you shared and interacted, you would. We’ve never been comfortable using our following to extract money because for us, IG is a free resource of knowledge and community and we wouldn’t want it any other way. We’re not here to be sold to.
What not emailed me and apparently found my eBay store and thought I would be a good fit for them. Offered me no fees for my first show. I politely declined, I don’t want to do live shows. It all looks a bit too much effort to me.
I think you really need to want to do it in order to enjoy it. It’s definitely something you can’t force.
Honestly one of the reasons I like being a reseller is that I don’t have to interact with people! I left a stressful enforcement career and I am quite happy working on my own. So when I got the emails from Whatnot I wasn’t going to touch them with a barge pole!
That’s a really good point, it’s something I’ve often sent since leaving public facing retail and hospitality, but I never really equated that customer facing aspect with whatnot until you just mentioned it.
Watched an hour show on whatnot this morning and the lady sold 13 for £1 each 🙈 and all sales to resellers. No one I speak to has heard of it and my daughter are like why would I sit and watch that 🤷♀️
Heartbreaking, watching that.
Personally I think whatnot is in it's early days and a long way to go before it's a good selling platform for all . However early days of eBay were bidding only and I remember those days could be disheartening. However whatever ever we do for a living as SE folks,it must be beneficial to you and the rewards must be worth the input . I see some on it and they are giving it a go but whatnot just are not generating the punters ,those who are selling well do seem to be bringing their followers over from UA-cam ,insta etc
I remember those eBay days! When they brought in BIN it was a big deal and a game changer for businesses. I like the platform, there’s just not enough customers for everyone yet.
As we all know whatnot is about having a big following who will watch all shows. Also got to source cheap stock on a regular basis which is hard to do.
You got to think about wether your selling 30 itens at a £1 or so each or sell less on eBay and make more pure profit. Dosent seem the top uk resellers on whatnot are making lots just whatnot throwing good deals there way.
Have you ever seen whatnot advertise? I certinly have not just like poshmark. Its US based so difficult to bring accross and have similar success.
Thanks for sharing your experiences
Cheers Peter. No one’s seen an advert… worrying. I think it’s a great idea overall, they just need to communicate their strategy better to alleviate concerns that a lot of sellers we’ve spoken to have.
@@Married2Reselling Thought it would be the 1st thing is to get an advert out on tv and spam on social media. Need to take on people concerns and address them
Great video 🥃🥃🥃
🤙
I think people haven’t got time to sit through wot not shows especially when the sellers dont list each item before hand . Resellers might do but ppl buying for themselves won’t keep on attending competing shows .
Will be interesting to see what happens next
I CANNOT STAND THE MUSIC IN WHATNOT SHOWS!
It's tinny, sounds awful and is a real turn off. Plus watching sellers dance is cringe!
Haha agree on that.
is Simon in shorts? does he know its bloody cold lol its winter :)
24/7/365 😁
Wow a long video !
Hope you enjoyed it!
anothing to is people havent got money to spend as u no cost of living in uk and other country s must take that in to account to
The crisis is definitely real, our local community centre/food bank are reporting record numbers of people needing support, many of whom are in employment.