Loved the show, lots of great info!

What a true pleasure to talk with you today, and have this content filled video. Ultimately, I hope many can benefit from it, Max

nice work

I'll be curious to see how your What Not experience goes, and I wish you all the best sales with it. I've purchased a handful of items from What Not and have been disappointed with each experience. It's just not the platform for me, as a buyer.

interesting let me know how whatnot goes .. I probably have no plans to try it .. I really don't think books are the right inventory, but will curious to see how you do. Also I don't have a good enough social presence to get people to the shows either, but I guess it would grow over time

👍👍👍

Thanks again for all the interesting info.

Thanks Ryan! No longer a fan of whatnot anymore but I wish you all the best with it! 😊

Just here to comment. I always appreciate the videos.

I don't get eBay's "recruit those who are uber live seller successful" like headhunting in the traditional job world. The live shows take ALOT of time in real time vs "passive" time & I'm unsure what incentives eBay could possible offer to carrot folks to switch. I did not experience those glitches "to my knowledge" , ( eBay international isn't' doing Netherlands right now so I am working with that buyer) , BUT as an eBay customer had I not known about this glitch I wouldn't have even asked the seller, I just would have tried the next day again. If it didn't work again - just given up. I am so used to being unable to get items on the spot I just can't be bothered to jump through hoops to purchase ANYthing. Hopefully they fixed it ASAP. This glitch has much more of a buyer/seller impact then missing some categories admin error.

I have the odd Monday off this week so I am looking forward to catching your Whatnot show again. It's a whole new world for me too. Yours was the first show I actually sat through the whole thing for. Interesting times

I had that eBay app offer glitch all weekend too. My offers worked on desktop. I noticed that if I did the dollar amount offer on the app (not the percentage) it would work but that meant doing math in my head or pulling up the calculator app. Bleh

Promoted Glitch: I think the only thing more frustrating then the extortion we call Promoted Listings, is when there's a glitch that won't even let you put in a percentage. That is happening for us this morning (Sat 12 Oct), on both our laptops and phone, when putting up or trying to adjust a listing. After turning on promoted and entering a percentage (4% for us) it gives us an error that says it won't take it and to try back. Of course, it also says "low" percentages will result in fewer views, since it wants 12% in this category. Wonder if it would work if I went with the 12% extortion rate? As it is, I'm putting up new listings with NO promotion, knowing eBay will bury them! Anyone else seeing this particular glitch today?

Well that's a no brainer.

15:26 I believe that as the buyers figure out they have this new fee being charged to them they're going to start making more offers in hopes of recouping that fee from the seller before they purchase the item. and I also believe that Poshmark knows this is what's gonna happen and knows that the seller is the one who's going to take the hit on the fee that's going to the buyer. on eBay sellers are pretty much forced to do promoted listing fees for their item doesn't get seen they have no traffic and they don't sell as much as they would with the promoter fees. On Poshmark it will end up being probably close to the same that the sellers on Poshmark probably won't sell as much if they don't list their items with some big discounts to try to make the buyers feel better about having to pay their fees. and the only discounts that the seller can do upfront is the shipping discounts so in a fact they're kind of pushing us towards doing free shipping or very low shipping. and I mean lower than the $5.95. when the seller lowers the shipping for the fire by doing shipping discounts it also lowers the sellers fees though right? Or do the sellers pay fees on the shipping original amount regardless of discounts given to the buyer? this is really confusing.

As always great guest!

If you were paying a fee of $2.95 on items under $15 before, how is the new fee of $1 + 5.99% more than that?

Great show as usual Ryan. I have a question; is there any way you can enlarge the photo of the 'What Sold' item (it seems there may be room to do so as above and below there is a black space). It's just that it's hard to see the item/details of it, when watching from a phone especially.

I'm in the process of selling a lot of old clothes and I'm going to take full advantage of this while I can.

I did sell one thing on etsy this week .. buuuuuuut I already sold it on ebay in May haha (sometimes I forget to delete items on other platforms, because I don't list everything in list perfectly)

Sounds like not enough people applied for their eBay credit card so they're wanting to pre-approve people and start sending out preapproval notices?! Maybe?

It would be interesting to find out how many buyers source on whatnot to resell.

i buy 99% of my items now from Aliexpress as a seller on ebay since 2007 i used to buy a lot of my items from ebay not now though due to the high cost of items on ebay uk, when we left the EU suddenly Aliexpress started charging 20% VAT on basket value, and items took 60 to 90 days to arrive with Aliexpress, but as Aliexpress lost huge volumes of sales and Temu arrived on the scene, Aliexpress have become far more competitive in the market place i do 99% of all my ordering on Aliexpress, on average 50 to 70% cheaper than ebay, even including the 20% VAT tax, And my items arrive from Aliexpress in 7 to 10 working days, sometimes before my ebay UK orders arrive, Aliexpress do a offer, spend a combined £8 over multiple sellers and get free shipping, use coins to reduce total cost sometimes up to an additional 40% off and recently added was bundles, say buy 3 items at £1 each and get free 7 to 10 day shipping when the basket total could be £3 instead of the usual £8 for free shipping, i am buying heavy now everything i need for many many years in the future as Aliexpress is as cheap now to buy as 4 years ago before the added 20% i am also buying everthing i need now for many years on ebay as i will stop buying altogether on ebay if they add a buyer fee they act like they have a captive audience, unless they know something i don't and Chinese imports will be highly taxed in the future, which could be an option, Ebay are already crazy expensive compared to Aliexpress so i am getting all my Blu Rays now while they are cheap before the price goes up especially as our new government wants to increase taxes instead of reducing government wasted billions of $$$

I would say I have & seen others buy that many per show

I think that is the avg bc it’s flat rate ship so I buy multiple items brings my cost per item down & I bet others do too

I used to sell a few items on eBay here in the UK but stopped when i noticed buyers were claiming items were not working/not as advertised and wanted their money back and allowed to keep the item. When I sold large equipment , I allowed the buyer to view and only buy if they were happy with it and then collected it and paid cash. eBay don't like missing out on the cash so they have stopped cash & collect.

Ryan, Congratulations on 5 years!! I'm on #4 and would never go back to retail management! Thanks so much for keeping us up to date on everything. Kathleen

This law has to be changed. It’s like a shop on the high street allowed to sell these products and profiting from their sale. They haven’t be stopped.

In my case I intend to clear out everything before the end of the year to take full advantage of this window of opportunity, it’s an ideal time with Christmas on the horizon after that if I successfully reduce my clutter well at my age I do not care. Looking at the bigger picture it does seem to me that some fee needs to be levied but fairly maybe it’s the buyer who pays a transaction fee and this will be fair to private and commercial sellers.

The car shown on the Santa's got a GTO CD was one of my first cars, back in the mid 70s when I got my license to drive. Wish I had it now!

UK Returns: I've watched Nic Hills for years and he's mentioned regularly that when they sell on a platform like eBay, they do not have the option to select: "NO Returns", like we do, so it always sounds like it's a Consumer Law over there.

Hub Change: Less user friendly, more cumbersome, full of glitches. Yup, sounds like a standard big update roll out for eBay! When they rolled out the current Hub, years ago, I couldn't list for weeks while they worked to stabilize it. I often wonder where the adult supervision is over at eBay and shudder at the way they let their software folks make changes.

One of the hardest lessons for many re-sellers to learn is that if you change the venue, you change the market value of most goods. It's why you can be items from Estate Sales,Thrift Store and Auctions and then flip them on platforms like What Not, eBay and others.

What is up with the other 75%?

Congratulations on 5 years Ryan!! As far as Whatnot goes, I don't sell on there. However, from what I've seen from other sellers, Whatnot is more for volume, to move things quickly. Most of the time you will get less, and in some cases much less than on eBay. The question becomes, do you want the fast nickel or the slow dime? On Whatnot, a lot of sellers will just sell the items they know either won't sell on eBay or will take forever to sell on eBay.

16:24 I literally just noticed when doing some updates to listings this week that my store categories were gone like whatever store category that item was in was gone and eBay just picked a different category like I had clothing under electronics it's very messed up I have to go through every one of my listings today

13:12 if I was a lawyer I would appeal on all international shipping that went through eBay global shipping program on any items that were illegal to sell because they did handle it at that point.

The auctions on eBay used to be really strong like that but they've died off because of all the fees people are scared to sell their items on auction it's harder to make money on eBay doing the auctions. But people buyers in general love auctions especially quick auctions these live auctions are amazing and very addicting! When you do it you just wanna do it more. 😅

I could see that number being real on Whatnot. It is great and relationships are made.

Happy 5 years!🎉

I have mixed thoughts about Whatnot from the outside looking in. I definitely think it's a tool that can be used to get more sales for specific items, but I think it can also be a trap. I saw a comment about live selling & buying that caught my attention recently. The commentor compared it to low-level gambling and implied there could be an addictive element. I don't know, but I've seen a few sellers go all in almost immediately & pretty much burn their eBay business down 😊. I think the quick $ is very seductive even when it doesn't make sense. But I get it. You get instant gratification for your efforts.

Congrats on your anniversary, Ryan 🎉

Congratulations on 5 years, Ryan!!! Here’s to many more! 🥂👏🏻 🎉

Whatnot is QVC for Milllenials

There are laws that differ per state on live reselling. Around 25 states have laws on the books. In my state you can only sell a certain amount of money until you have to get an auctioneer license. It really is a serious thing no one talks about. Or few do. I don’t sell Hardly anything on Mercari since the fee changes. I am mainly a Poshmark seller so sad about the fee changes.. my sells were slow now they have come to a halt over the weekend.

Happy Anniversary, Ryan! 🦇🦇🦇😉

I have used ebay in the past to buy and sell hobby items, selling and getting the automated payments was a good system. Have not sold as a private seller since January because my rural location involves a trip to post office or despatch point and costs have increased.

EBay is going down hill. Too many irrelevant search results. App search history messed up. App will only work on later iOS versions and is slower.