Getting Started on Whatnot: Live Selling for Resellers

A reseller's guide to Whatnot — how live selling works, setting up your first show, pricing for auctions, and building an audience from scratch.

Selling on Poshmark, Mercari, or eBay is a slow game. List an item. Wait. Maybe lower the price. Wait some more. Hope the algorithm shows it to the right person at the right time. Whatnot throws all of that out the window.

On Whatnot, you go live. You hold up an item. Twenty people are watching. You start the auction at $1. Within 30 seconds, it's at $15. At 45 seconds, someone bids $22. Sold. Next item. The whole thing feels more like hosting a show than running a store, and that shift in energy is what makes some resellers fall in love with the platform and others bounce off it entirely.

If the idea of being on camera makes you nervous, that's normal. If the idea of turning a pile of inventory into cash in a single evening sounds appealing, keep reading.

How Whatnot Actually Works

Whatnot is a live-streaming marketplace. Sellers host real-time video shows where buyers watch, bid on items, and purchase instantly. Think QVC meets Twitch meets a flea market. It sounds chaotic, and honestly, the good shows kind of are.

The Two Ways to Sell

Live Auctions are the main event. You go live, show an item to your viewers, and run a timed auction (typically 15-60 seconds). Highest bidder wins. Payment processes automatically. Move to the next item. A single show can move 30-100+ items in 2-3 hours.

Buy It Now listings work like any other marketplace. Fixed price, no live component required. These are useful for higher-value items that might not do well in a fast-paced auction or for maintaining sales between shows. But they're not what makes Whatnot special.

The Psychology of Live

Live selling works because of urgency and entertainment. When a viewer sees other people bidding, something triggers in their brain: competition, scarcity, FOMO. Items that might sit for weeks on a static marketplace get snapped up in seconds during a show.

Sellers consistently report earning 2-3x more per item on Whatnot compared to static marketplaces, driven by impulse bidding and the auction dynamic. The entertainment value keeps people watching, and watching leads to buying.

Getting Approved as a Seller

Whatnot isn't open to everyone. You apply, and they review your application. Approval takes anywhere from a few days to a couple of weeks depending on the category and your background.

What helps your application:

Once approved, you'll set up your profile, connect a payout method, and add a return address. Then you can schedule your first show.

Setting Up Your First Show

The first show is always a little rough. Accept that now. You'll fumble with the interface, talk too fast, forget to show something clearly, and probably have a moment where you stare at the camera not knowing what to say. Every single successful Whatnot seller went through this.

Pre-Show Preparation

During the Show

Energy matters more than polish. You don't need to be a professional broadcaster. You need to be genuinely enthusiastic about what you're selling and comfortable interacting with people in real time.

The $1 Start

Starting auctions at $1 feels terrifying. What if nobody bids? What if it sells for $3? In practice, the low start price attracts more viewers and creates more bidding competition. Items regularly sell for 5-20x the starting bid. The excitement of watching a price climb is what drives engagement.

After the Show

Ship everything within 2 business days. Whatnot takes this seriously. Late shipping hurts your seller metrics and your ability to get promoted for future shows.

Review what sold, what didn't, and at what prices. Your first few shows are data collection. Which items generated the most excitement? What price ranges performed best? When did viewership peak? This information shapes your future shows.

What Whatnot Takes

Whatnot charges an 8% commission on the sale price plus a 2.9% + $0.30 payment processing fee. All-in, expect to pay roughly 11-12% per transaction. No listing fees, no subscription tiers, no monthly costs.

For context, that's cheaper than Poshmark's 20%, comparable to eBay's ~13%, and slightly more than Mercari's 10%. Given that items often sell for more on Whatnot due to the auction dynamic, the effective cost can be lower than it appears.

Some categories get special rates. Coins & Money drops to 4% commission. Electronics is 5%. And for trading cards, comics, and sports categories, Whatnot only charges commission on the first $1,500 of a sale — everything above that is commission-free.

Economics of a Whatnot ShowTypical 2-hour live selling session breakdown01Show SetupItems Listed50itemsShow Duration2hoursAvg Starting Bid$502During ShowPeak Viewers150Items Sold35(70%)Avg Final Price$1803RevenueGross Revenue$630Whatnot Fee (8%)-$50.40COGS (est.)-$175Net ProfitAfter fees + COGS$404.60$630- $50.40- $175grossfeescogs64% profit margin on a 70% sell-through rate
Typical economics of a Whatnot show: items, viewership, sell-through rate, and revenue breakdown

Building Your Audience

Your first show might have 3 viewers. That's fine. Every successful Whatnot seller started somewhere. The audience builds through consistency, quality, and community.

Consistency Is Everything

Set a regular schedule and stick to it. "Every Thursday at 7 PM" gives viewers a reason to plan around your show. Irregular scheduling means nobody knows when you're live, so nobody shows up.

Many successful sellers stream 2-4 times per week. More frequent shows build audience faster, but sustainability matters. Two great shows per week beats five mediocre ones.

Promote Outside Whatnot

Whatnot has discovery features, but your growth accelerates when you bring an outside audience in. Instagram stories, TikTok clips of your best auction moments, even a simple "Going live tonight at 7!" post in relevant Facebook groups. Each viewer you bring from outside is someone Whatnot's algorithm wouldn't have found on its own.

Community Building

The sellers who build the biggest audiences on Whatnot treat their viewers like a community, not just customers. They remember regulars, do giveaways, answer questions about the hobby (not just the products), and create an atmosphere people want to come back to even when they're not buying.

Some sellers create Discord servers for their buyer community. Others post behind-the-scenes content of sourcing trips. The specific tactic matters less than the intent: make people feel like they belong to something, not just that they're being sold to.

Is Whatnot Right for Your Reselling Business?

Whatnot isn't for everyone, and that's not a weakness of the platform — it's a feature of its format.

Good Fit If...

Not a Great Fit If...

Plenty of successful resellers use Whatnot as one channel alongside Poshmark, eBay, or Mercari. The platforms complement each other: items that don't sell on a static marketplace might move fast in a live auction, and vice versa. You don't have to choose one.

Getting Started

Apply for a seller account. While you wait for approval, watch other sellers' shows in your category. Notice what works: how they pace their shows, how they engage chat, how they handle items that don't get bids. This is your free education.

Once approved, schedule your first show for a week out. Give yourself time to prepare inventory, test your setup, and promote the show. Keep expectations modest for show one. The goal isn't to maximize revenue — it's to get comfortable going live and learn what your audience responds to.

Live selling is the fastest-growing format in reselling for a reason. It turns a passive transaction into an experience. If that appeals to you, Whatnot is where that experience happens.

whatnotlive sellingwhatnot guidelive auctionsreselling

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