Watch This Before You Price Anything on Whatnot

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Rachel Strickland

Rachel Strickland

Күн бұрын

Пікірлер: 604
@RachelStrickland
@RachelStrickland 2 жыл бұрын
What do you think about the transaction fee on every item?
@FatBirdFinds
@FatBirdFinds 2 жыл бұрын
I think it’s a racket. They should only charge one per buyer per sale!
@smittysfamilystore9441
@smittysfamilystore9441 2 жыл бұрын
Crazy fees. As always, such a good informative video. Wish that week hadn't been so crazy busy for our family, and I could have supported you auctions.
@omgyg_official
@omgyg_official 2 жыл бұрын
I don't like it as a seller or even as a shopper!! My credit card transaction history is literally a TON of whatnot transactions for all my purchases and I hate that! I wish they'd add everything we purchase to a cart then run it ONE time at the end of the day. You would think they could just pre-auth the cc for the buyer to make sure the transaction will go through and then run all purchases ONCE at the end of each day? They've got to clean that up!
@smittysfamilystore9441
@smittysfamilystore9441 2 жыл бұрын
@@omgyg_official I completely agree. At minimum they should do only one transaction from an auction. So if you purchase 5 items from one auction then that is one transaction and not 5 transactions. I am really not a fan of whatnot but it is popular right now. I have heard other KZbinrs say in recent videos that viewers are going down already. Personal opinion is that it’s popularity will dwindle and be another mediocre selling platform. But, I am still new to this and it might make it if they make changes that sellers want.
@LakeshoreFinds
@LakeshoreFinds 2 жыл бұрын
It’s ridiculous! I already figured Id more than likely lose money on my first five sales. Isn’t that sad? With that said, I decided to just do this one solely for content creation. At least I’ll get something out of it. 🤷🏼‍♀️
@bgideon9972
@bgideon9972 9 ай бұрын
I am glad that i watched this video. My first show will be tomorrow and this changed my mind on $1 starting bids.
@RachelStrickland
@RachelStrickland 9 ай бұрын
Glad to help!
@marianieves5419
@marianieves5419 7 ай бұрын
Good luck!
@otisandbruceshow1808
@otisandbruceshow1808 19 күн бұрын
Do you add in the packaging and gas cost to drop off?
@algorhythmofficial
@algorhythmofficial 2 жыл бұрын
It's def ridiculous. When someone wins an auction that item should be added to a cart to allow them to potentially win more auctions from the same seller. Then at the end of the auctions all the items won would be charged as a single transaction. Would also be great to allow seller to choose shipping options to save both parties money. Shipping items to the same person multiple times is asking too much. The app is cool but they need to sort some things out for sure.
@Brosephus-PCT
@Brosephus-PCT 3 ай бұрын
@algorhythmofficial theybdonallow you to bundle the items. The more you purchase it'll eventually give you Free shipping. Depending on how you have Shipping set up. I do not agree with WhatNot and their commission and fees.
@otisandbruceshow1808
@otisandbruceshow1808 19 күн бұрын
Let me get this straight. I see many Whatnot sales goin for 3 bucks. Do you add your own shipping cost or does Whatnot calculate it? I see not one person talk about their packaging cost. 3 buck sell, plus their fees and a buck for packaging.. You keep talking about the 30 cent fee but what about your packaging cost?
@Ivan-mn3ph
@Ivan-mn3ph 7 күн бұрын
@@otisandbruceshow1808 just get free shipping supplies from usps theres bascially no cost when shipping priority
@ARuralSquirrel
@ARuralSquirrel 2 жыл бұрын
I’M SOOOO GLAD YOU’RE TALKING ABOUT THIS!!! I’m even more excited for more how-to’s on this platform!! NO ONE is doing them yet!! 🤯
@RachelStrickland
@RachelStrickland 2 жыл бұрын
Thanks Kristin!
@meganlowe6458
@meganlowe6458 2 жыл бұрын
NC Flipper has been doing how-to videos on his channel.
@andreasaccents7302
@andreasaccents7302 2 жыл бұрын
I’ve watched this video twice now. Thanks for the breakdown. So those percentages are not even your real profits though , right? Because you still have to take out you COG unless I missed that. My first sale is Saturday. But I’m going to do some antique Smalls. I feel like my Poshmark has died recently and wonder Whatnot is to blame. Again. Thanks for the math. Very helpful.
@sararamey4104
@sararamey4104 2 жыл бұрын
When I did my onboarding the lady that was going over the platform with us stressed about not doing $1 auctions she said we wouldn’t be making any money that way. She said told us about the .30 for every transaction. So I think they are stating to tell the sellers when they first join now.
@RachelStrickland
@RachelStrickland 2 жыл бұрын
That's epic! Maybe they watched my video!
@ftwebster
@ftwebster 2 жыл бұрын
Wouldn't you make . 70 cents?
@RachelStrickland
@RachelStrickland 2 жыл бұрын
No. It's 8% to whatnot, 2.95% to paypal plus 30 cent processing fee
@treasurevalleysellers
@treasurevalleysellers Жыл бұрын
Thank you so much for making this. I just scheduled my first show and had these very similar thoughts as to why would I want to sell something for a dollar. These breakdowns are great. I am doing women's clothing and eventually shoes. I had planned on starting most items at low $8.
@madison5916
@madison5916 2 жыл бұрын
This math breakdown is so beyond helpful!
@RachelStrickland
@RachelStrickland 2 жыл бұрын
Finally being a geek is helpful. Haha
@epianguiano7880
@epianguiano7880 Жыл бұрын
Isn't dollar auctions only ment for the seller to attract new buyers? I honestly think that as a newbie it's not so important to make money but to establish yourself just like one would do on ebay
@alisonlivingston
@alisonlivingston 10 ай бұрын
Thank you so so so much for sharing these insights and doing all the work for us math-challenged people. You’ve done this community a great service!!
@bigghoww
@bigghoww 8 ай бұрын
Great info! Thanx. Got 2 shows under my belt. I understood about 12c on the dollar but didn't know about 30c PayPal fee. I won't do dollar shows until my following justifies it.
@laurawissler2482
@laurawissler2482 Ай бұрын
Thank you so much for sharing your knowledge. I'm considering selling and researching. Great video and best of luck on future shows.
@RachelStrickland
@RachelStrickland Ай бұрын
Thank you! You too!
@jackeeschwartz7647
@jackeeschwartz7647 Жыл бұрын
This video was sooooo helpful. I have about 1500 items on eBay and am considering WhatNot. Thank goodness I found your video!
@RachelStrickland
@RachelStrickland Жыл бұрын
Glad it was helpful!
@MattAmandaHunt
@MattAmandaHunt 2 ай бұрын
Watching t this and gathering the courage To go live … so nervous!!! Watching all the videos you’ve shared. Fingers crossed :)
@Atavae1
@Atavae1 17 күн бұрын
they do cc process per item so the customer cant skip out on you. If the customer had to wait till the end of the auction they cant leave your auction to go to another auction.
@shawoobang
@shawoobang 2 жыл бұрын
I'm so glad I was recommended this video. This makes so much sense. I will be having first show on Tuesday and will not be doing $1 starts.
@RachelStrickland
@RachelStrickland 2 жыл бұрын
So glad you saw this first! Best of luck! Check out my whatnot shipping video afterward!
@NorthernSplendor
@NorthernSplendor 2 жыл бұрын
I have my Whatnot onboarding today and I am so glad I came across this video. I wasn't feeling sure about doing the whole $1 start and now I'm most definitely not going to be doing that. No shame in running items at a price that doesn't cause you to lose money. Thanks for the detailed video. Very well done and much appreciated!
@RachelStrickland
@RachelStrickland 2 жыл бұрын
I'm so glad this came at the right time for you!
@anyasodormercynneka1436
@anyasodormercynneka1436 2 жыл бұрын
Hi please help me with clarity. I just got approved also. Is it a must I start an item at $1 ? I sell luxury handbags. Say an item cost $999 is it OK I start my bid at $650 or $700 ? I am scared of starting a bid at $1 for item worth over $1000 and it ends for $200. My question is can I start the auction higher than $1? Higher than $500?
@RachelStrickland
@RachelStrickland 2 жыл бұрын
@@anyasodormercynneka1436 absolutely you can start the auction at any price you'd like.
@juliegreen7911
@juliegreen7911 2 жыл бұрын
@@RachelStrickland i have tried 3 shows but i need more information for just using the phone and no laptop, i tried the laptop situation and it didn't work for me, than i did a sale last night using my phone and than i coukdnt add an item on the phone when a buyer requested a run?? Ive been selling in ebay over ten years and Me re cari, and i feel so dumb and it was embarrassing, i wish their was someone i could call ir a video that shows step by step how to sell with just the phone? Lol sorry trying to explain. :)
@deloreslawson9496
@deloreslawson9496 Ай бұрын
Thanks so much for sharing the breakdown of fees. I'm new to Whatnot and totally lost but learning as i go.
@AFOLMAN
@AFOLMAN 2 жыл бұрын
Great video! I made one on the subject myself because I sold a bunch of hotwheels for $1 each and after the show I realized I should of just gave them away after all of the fees!
@princessmaria9659
@princessmaria9659 Жыл бұрын
Lmao
@lateboomrs
@lateboomrs 2 жыл бұрын
I love that you pointed this transaction fee out. I just got approved to sell on WhatNot and learned so much from this video - thanks!
@RachelStrickland
@RachelStrickland 2 жыл бұрын
So happy I could help
@lindaworkman6921
@lindaworkman6921 2 жыл бұрын
So glad I saw this video. I just applied to sell on Whatnot and I will be selling lots and your information makes so much sense. Thank you so much
@RachelStrickland
@RachelStrickland 2 жыл бұрын
Thank you Linda
@lindseygarland9299
@lindseygarland9299 2 жыл бұрын
First, thank you so much for your video. I appreciate the breakdown and it was a huge eye opener when you compared selling 100 items for $1 or 20 items for $5. I have been waiting to schedule my first live show. I like the idea of running my top or so items and NOT pricing my items @ $1 start. Also, I know exactly the sellers you talk about who run an item for $1 and after it sells for $1 they are degrading the viewers and buyer. I have unfollowed many sellers for reasons such as that. Your analogy you gave of the selling jeans at a garage sale for $5 and a person offering you $5 for the jeans and being unhappy about it was SPOT ON! Thank you for your time and research. Much appreciated.
@RachelStrickland
@RachelStrickland 2 жыл бұрын
I'm so glad you found value in this video Lindsey! I hope your whatnot sales are stellar!
@Wondrap1
@Wondrap1 3 ай бұрын
Great video, thank you. I'm about to start on Whatnot but still iffy about it. I think the best part of your video is that bible verse on your wall ;) lol God bless you
@RachelStrickland
@RachelStrickland 3 ай бұрын
Thank you! God bless you! I hope you love whatnot and have great success there
@diviningoildesigns
@diviningoildesigns 2 жыл бұрын
Lady, I love you for putting all of this into perspective…the work…and fees. I used to sell on EBay but I had a really hard time with them. I love Mercari, Etsy, and the Marketplace but I tried Whatnot last night for the first time. I make jewelry and sell beads and more. It’s just a lot of work to do this with my full time job. I love reselling and selling but it’s a ton of work and there really are a lot of fees. I’m going to look at my dashboard after last night. No…I’m not bored with the numbers. That’s really important. The bottom line is what it is. I’m in sales every single day, in my day job with a Salary/Commission split so…it’s very important to factor in all the costs including, fees, and everything else that goes into selling. Great video.
@RachelStrickland
@RachelStrickland 2 жыл бұрын
Thank you so much! I really appreciate you
@patricial.johnson4421
@patricial.johnson4421 3 ай бұрын
@diviningoildesigns Being in sales my whole life, one HAS to consider all the so called "small", fees!
@patricial.johnson4421
@patricial.johnson4421 3 ай бұрын
My information is completely incorrect. I haven't ever seen the @????? Haven't been with whom ever for 4 years!! Don't know whether to trust any of this. Good thing I commented, or I would have never known!!
@TheEclecticElement
@TheEclecticElement 6 ай бұрын
This was THE perfect video to watch right before my first Whatnot show next week! Thank you for the invaluable information; you definitely gave me a lot of things to think about going forward :)
@crashcitygames1592
@crashcitygames1592 Жыл бұрын
I just watched this video and I am getting ready to do my 1st show tomorrow night. Thank you for this information it was in valuable. You have earned yourself another subscriber!
@RachelStrickland
@RachelStrickland Жыл бұрын
Thank you so so much
@MulitSeeker
@MulitSeeker 10 ай бұрын
So glad I saw this before I begun. ..thank you
@RachelStrickland
@RachelStrickland 10 ай бұрын
Glad I could help!
@haulsale
@haulsale 2 жыл бұрын
This is such a great breakdown and really surprising information! This was news to me and I am literally obsessed with how marketplaces for resellers work. This fee model can really add up. We're building a site for resellers to buy and sell in bulk with one another, in part because consolidating transactions ends up in lower processing charges. Thanks so much for sharing this, Rachel!
@RachelStrickland
@RachelStrickland 2 жыл бұрын
I'm happy to hear from you and excited to learn more about your platform!
@amandac5436
@amandac5436 Жыл бұрын
This was so helpful! Thank you for breaking it down and showing the numbers
@CaliLuis
@CaliLuis 2 жыл бұрын
Hey Rachel this was a great video of you sharing the breakdown on the what not fees.
@RachelStrickland
@RachelStrickland 2 жыл бұрын
Thanks Luis! I shoulda shouted your whatnot out on here! I'm looking forward to buying some more prints from you!
@esmelovesvintage
@esmelovesvintage 2 жыл бұрын
What an eye-opening video 👀 ty Rachel
@jenniferprell2873
@jenniferprell2873 Жыл бұрын
Missourian here too! Ty for the very helpful vids!!!!
@sofiacastellano2906
@sofiacastellano2906 Жыл бұрын
Hello from Missouri. Thank you for the lessons!❤
@RachelStrickland
@RachelStrickland Жыл бұрын
Hello there!
@alienpositivellc
@alienpositivellc Жыл бұрын
This is very true I've been on whatnot for 2years! $1 auctions are not worth it you don't even make half of a dollar when you do this its so much better to bundle your items if your going to buy more than 1 item as well...
@tracy10681
@tracy10681 2 ай бұрын
Great video. Lots of helpful info. Really appreciate it.
@RachelStrickland
@RachelStrickland 2 ай бұрын
You're very welcome!
@dawg_gone139
@dawg_gone139 6 ай бұрын
Hey Rachel, thanks for the video. I recently applied to be a seller and used your referral link. Thanks for the videos and all the advice you give us new resellers!
@TiffanyRosenbaum
@TiffanyRosenbaum Жыл бұрын
I just had my whatnot onboarding today, but am very weary on selling. I am so glad I watched this I found it so helpful!! Thank you!
@daveslotnick596
@daveslotnick596 2 жыл бұрын
Great video, thank you, as I am about to start selling on whatnot and I was ready to start with $1 starts. and i think the other thing we forget about is at the end of the year we all need to pay taxes on everything we make. taking more of our profit
@collinsonthemove
@collinsonthemove 2 жыл бұрын
WOWZA~~ I had some idea there would be fees - but OHMGEEE!! I love the breakdowns, you did a great job explaining them (I am horrible with math and understood LOL). Hopefully, Whatnot will start hearing about the fee issues and get a better handle on them :) Hope you and the family are doing well :)
@RachelStrickland
@RachelStrickland 2 жыл бұрын
I am so glad to hear I explained it in a way that folks who aren't nerdy like me get it. Haha. Can you believe I was in math club?
@ricorazors
@ricorazors 11 ай бұрын
Thank you so much for this information really appreciate it a lot I myself am a new whatnot seller is hard to find great information on KZbin glad I came across you’re channel thanks Rachel 🙏
@shannon4003
@shannon4003 6 ай бұрын
Great video!! So now that's two of your videos that I found to be very helpful. Thanks!
@RachelStrickland
@RachelStrickland 6 ай бұрын
Great to hear!
@justpeachy1o129
@justpeachy1o129 2 жыл бұрын
I am so happy that I watch this because I just got approved to sell on the what not app all of your information is great to know!!!!
@RachelStrickland
@RachelStrickland 2 жыл бұрын
Thank you! I'm so glad you enjoyed this!
@erickcerda2081
@erickcerda2081 2 жыл бұрын
Great content and very informative. Definitely makes me pause and truly evaluate my willingness to jump on Whatnot. Thank you so much. Also, thanks for the invite link.
@RachelStrickland
@RachelStrickland 2 жыл бұрын
Thank you! I really appreciate you
@lesliedubose4372
@lesliedubose4372 Жыл бұрын
I am so glad I watched this. I am about to have my first sale. Thank you soooooo much
@RachelStrickland
@RachelStrickland Жыл бұрын
You're welcome! I'm starting a whole series!
@YinzerPicker
@YinzerPicker 2 жыл бұрын
Great video. I like how you brought up about starting your items where you are comfortable. A ton of sellers think starting it out at $1 is the way to go (I did this at the beginning) but learned quick to start where if it sells, I don't lose money but make money. I like to pass along along deals and normally at my COG, I can start lower and still make money. Whatnot really has a learning curve. Good luck in your future auctions.
@RachelStrickland
@RachelStrickland 2 жыл бұрын
Thank you! Yes, there is so much to learn there and with new changes, we are all in there learning together. I'm excited to see what strategies everyone has.
@debbiewhitney7289
@debbiewhitney7289 2 жыл бұрын
CONGRATS ON 10K SUBSCRIBERS!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
@RachelStrickland
@RachelStrickland 2 жыл бұрын
Thank you
@Themessykitchen2
@Themessykitchen2 2 жыл бұрын
I wish I found you before I applied to sell. Been waiting for over a week now. This also helps me to determine pricing. Thank you for this!
@RachelStrickland
@RachelStrickland 2 жыл бұрын
Thank you! I have another video on whatnot setup if you want some ideas
@rockinarchives
@rockinarchives 5 ай бұрын
Thanks Rachel. I've been approved on WhatNot as a seller for over 6 months but have yet to start selling. I plan to start soon but, if not for your video, I was planning on selling out dead-pile merch at $1 starts. NOT ANY LONGER!!!! Your video changed my whole perspective on reselling....including my Ebay strategies. Even that, after selling there for 24+ years, will be changing. No more low dollar items on Ebay either. Not worth the effort when most of the $$$ goes to fees and postage.
@RachelStrickland
@RachelStrickland 5 ай бұрын
I am thrilled to have helped! I wish you so much success on whatnot. Juat try to sell one item your firat show while you're figuring it out and then be consistent with how often you have shows
@sexylex24
@sexylex24 5 ай бұрын
they fixed that .30 cent someone purchased 15 dollars worth of stuff from me and the 2.9+.30 was a total of .88 cents.. so they only took 30 cents. she purchased a total of 5 items from me so .30 x 5 = 1.50 minimum if that was the case not including the 2.9 fee
@blueviolet7844
@blueviolet7844 8 ай бұрын
Your videos are very informative thank you for sharing.
@RachelStrickland
@RachelStrickland 7 ай бұрын
Thank you
@Tor_nado_89
@Tor_nado_89 10 ай бұрын
Thank you. I have my first show Tuesday at 1. This helps.
@robertowen1248
@robertowen1248 Жыл бұрын
just signed up last week and waiting on approval, I'm really glad I watched your video now i can try to plan a better strategy on how to succeed, thank you
@RachelStrickland
@RachelStrickland Жыл бұрын
You can do it! I've started a new series here on the channel of several 5-7 minute long whatnot tutorials
@FlipNPageZ
@FlipNPageZ 2 жыл бұрын
Thank you for making such an informative video I look forward to watching others. I’m just starting to sell on Whatnot at find this information the ace in the hole
@RachelStrickland
@RachelStrickland 2 жыл бұрын
I appreciate you!
@Unknowntoon0
@Unknowntoon0 2 жыл бұрын
Great clarity, they definitely need to make some changes and stop smashing their sellers
@RachelStrickland
@RachelStrickland 2 жыл бұрын
I'm glad you liked this!
@anamuntean3276
@anamuntean3276 2 жыл бұрын
You are making so much sense. Thank you for working it out for all of us. Everything you said is 💯 correct. I only did a little bit in my head and it smelled wrong and after seeing It done in full it confirms my suspicion. Again thank you!
@RachelStrickland
@RachelStrickland 2 жыл бұрын
I appreciate you. Thank you
@kylieclark1234
@kylieclark1234 2 жыл бұрын
Thank you so much for sharing this!!! I just started this week and have been torn about pricing
@RachelStrickland
@RachelStrickland 2 жыл бұрын
Im glad it was helpful. I have other videos on whatnot shipping, set up, tips etc...
@kylieclark1234
@kylieclark1234 2 жыл бұрын
@@RachelStrickland you’re the best! I’ll go check them out tonight while I’m working 😁
@FatBirdFinds
@FatBirdFinds 2 жыл бұрын
That’s is GREAT information.!!!!! I hadn’t even considered that yet. I be for my first sale already set tonight but I’m gonna change my format a little and group things together for next time!
@RachelStrickland
@RachelStrickland 2 жыл бұрын
How did your sale go?
@FatBirdFinds
@FatBirdFinds 2 жыл бұрын
@@RachelStrickland it was definitely a learning experience.....things definitely sold cheaper than i expected but we did have a good number of people....around 30 or so. We did jewelry and scarves but I'm thinking variety may be better than themed sales.
@Authentic_Courtney
@Authentic_Courtney 16 күн бұрын
I just got approved and have my entire old life in storage after moving into an RV. Thank you for sharing your knowledge. It's bonkers they allow Paypal to do that!
@RachelStrickland
@RachelStrickland 15 күн бұрын
Paypal is always after our quarters. Lol
@azcatz-sue
@azcatz-sue 2 жыл бұрын
ALL of THIS! Great job and educational! I hated the individual translations, but now it makes sense.
@MEH73
@MEH73 2 жыл бұрын
Thank you for the info Rachel! ❤
@Mountaingypsytrading
@Mountaingypsytrading Жыл бұрын
So, what if ppl aren’t using PayPal? My account is through square.. ? Is this when ppl use PayPal to buy your stuff? I’m confused..
@RachelStrickland
@RachelStrickland Жыл бұрын
PayPal facilitates the payment between the buyer and whatnot. It has nothing to do with your banking information and the fees cannot be avoided.
@annholland51
@annholland51 Жыл бұрын
Wow!! I'm approved to sell on WhatNot and have already bought (WAY TOO MUCH!!! I go in thinking that If I've bought something I might as well hang out for a while and look at $3 plus 25 cents items. Recently I have noticed that shipping posted for me might be the same that a new buyer is charged. I see it happening to other buyers. At this point I will NOT be buying from this site and need to unload what I DID buy somewhere else. Can anyone at whatnot tell me what I have bought and how much it cost me?????
@DeathByCorporate
@DeathByCorporate 2 жыл бұрын
Great job Rachel~! First time coming across your channel. New sub here; looking forward to checking out more of your vids. 👍👋
@RachelStrickland
@RachelStrickland 2 жыл бұрын
Thank you! Just dropped a new whatnot video!
@DreamingOnABudget
@DreamingOnABudget 2 жыл бұрын
Rachel thank you thank you thank you for this feedback! So glad I watched this now and not after!
@tileshiarenee9154
@tileshiarenee9154 2 жыл бұрын
Thanks for providing such valuable information. I am thinking about becoming a seller on WhatNot, I will definitely us your referral link.
@RachelStrickland
@RachelStrickland 2 жыл бұрын
You're a rockstar! Let me know if you do! I'll come support your show!
@TheNashvilleFlippers
@TheNashvilleFlippers 2 жыл бұрын
its about time, great video Rachel. as someone that crunches numbers full time, I took a look at the fees on whatnot, the juice was not worth the squeeze
@RachelStrickland
@RachelStrickland 2 жыл бұрын
I got a little math nerdy on this one. And this is BEFORE the 2.9% fee applies to shipping and taxes too! I think I'll do a breakdown of all the fees on a future video.
@TheNashvilleFlippers
@TheNashvilleFlippers 2 жыл бұрын
@@RachelStrickland I love it, more video like this please
@annholland51
@annholland51 2 жыл бұрын
"not worth the squeeze", LOL!!
@flippingforreal109
@flippingforreal109 2 жыл бұрын
Now I know why eBay kicked PayPal to the curb because of their fee practices are ridiculous. Thanks for all the tips about Whatnot. The best thing to do if you're a selling is to bundle items and sell them for more to make money.
@blakerobbins1111
@blakerobbins1111 11 ай бұрын
ebay charges the same fees themselves!
@shoppingwithsheryl
@shoppingwithsheryl 2 жыл бұрын
Thanks for the tips! I signed up last night and got approved to sell this morning. I had never even heard of the site until yesterday. My brother was a collector and recently passed away, so I have been looking for ways to sell. I do Amazon Live, but all these collectables are VERY different.
@RachelStrickland
@RachelStrickland 2 жыл бұрын
Sheryl I'd love to follow you on whatnot, what is your username?
@shoppingwithsheryl
@shoppingwithsheryl 2 жыл бұрын
@@RachelStrickland Thanks! I am goshoppingwithsheryl I was suppose to have an onboarding today, but they never showed up to the meeting. Not real encouraging. LOL
@richalaresellers
@richalaresellers 2 жыл бұрын
You nailed it! The best breakdown I've heard yet. I am bundling alike items now bc of the pp .30. In addition, it cuts down my run times now on the auctions. The shipping change has also messed us up. So bundling & higher dollar items will soften the blow while we build our whatnot up. Thanks for the great video. 🙋‍♀️~pam
@RachelStrickland
@RachelStrickland 2 жыл бұрын
Thank you so much Pam!
@idflipthat
@idflipthat 2 жыл бұрын
Great info! We are starting to sell on Whatnot very soon!
@willareynolds6722
@willareynolds6722 2 жыл бұрын
Thank You Thank You Thank You Thank You Thank You Bless You!
@RachelStrickland
@RachelStrickland 2 жыл бұрын
You're so welcome! God bless!
@IEBIGCAT
@IEBIGCAT 2 жыл бұрын
Thank you for the information, I plan to sell on what not very soon
@RachelStrickland
@RachelStrickland 2 жыл бұрын
You'll love it!
@josh4590
@josh4590 11 ай бұрын
I get it but after all is said and done I pay nearly 30% on eBay on fees as well so ?
@josh4590
@josh4590 11 ай бұрын
Store fees , listing fees, final value fees, and while not forced you are basically invisible without promotional fees
@RachelStrickland
@RachelStrickland 11 ай бұрын
I love whatnot. ❤️ just wanted to ensure folks know about the 30c fee bc at the time everyone was doing $1 starts.
@THEMOMMOMMY
@THEMOMMOMMY Жыл бұрын
Thank you for one of the BEST information videos ❤
@RachelStrickland
@RachelStrickland Жыл бұрын
You are so welcome!
@Fortheloveoftoile
@Fortheloveoftoile 5 ай бұрын
Omg thank you so much I was considering selling on whatnot , I have a booth in an antique store and I do flips . I think with all these fees I am going to do Facebook live sales and forget about the others lol. I mean seriously that is crazy stuff . We should just rent building and all get together and do big live sales ! Haha
@quickrick31
@quickrick31 Жыл бұрын
Thank you. I'll group my dollar items!
@AdrielCruznow
@AdrielCruznow 2 жыл бұрын
Nice video! I don’t know if I’ve ever seen you live on WN. I love whatnot the fees don’t bother me because my cost of goods is so low and the items sell high. That’s the key.
@RachelStrickland
@RachelStrickland 2 жыл бұрын
Awesome point. Keep the cog low. What's your whatnot?
@Brosephus-PCT
@Brosephus-PCT 3 ай бұрын
Thank you for this information.
@RachelStrickland
@RachelStrickland 3 ай бұрын
Glad it was helpful!
@cliff1602
@cliff1602 2 ай бұрын
20:32 to focus on how I'm gonna sell on whatnot when I have a beautiful articulate woman explaining to me. Lol No but seriously glad you explained that 30 cent fee. It will help me price my items so I won't end up losing my 🫏
@yazzymarr
@yazzymarr 2 жыл бұрын
I’m doing my first show next week! Thank you for making this video, super helpful to know about that 30c fee
@RachelStrickland
@RachelStrickland 2 жыл бұрын
You're so welcome. I have a few additional whatnot videos out with more tips
@yazzymarr
@yazzymarr 2 жыл бұрын
@@RachelStrickland I just watched the video you posted about 24 hours ago. My daughter is two, so she probably won’t be as much help as your son was😂
@RachelStrickland
@RachelStrickland 2 жыл бұрын
Hahaha I have a 6 year old too. He is pretty rowdy so I feel ya.
@BriZ-d3v
@BriZ-d3v Жыл бұрын
Very smart and knowledgeable; I love to see females hustlin and grindin on these re-sale sites. You probly do better than most males on Whatnot because of your looks. Your beautiful and your eyes are hard to look away from. This vid is really important for those who are thinking about selling on Whatnot. Who would you have known this had she not brought it up? I love a pretty girl that's smart🧠and about that💰
@QdotBee
@QdotBee 2 жыл бұрын
Enjoyed your video. Thank you for taking your time out to make it. Really like that you shared your 7 day break down and analyzing the payouts vs fees. I’m Subscribed.
@RachelStrickland
@RachelStrickland 2 жыл бұрын
Thank you so much for appreciating the work that went into this.
@godisgoodalways4357
@godisgoodalways4357 Жыл бұрын
I sincerely appreciate your helpful knowledge your one smart business woman indeed God bless you and thanks again
@flamarjr2000
@flamarjr2000 Жыл бұрын
You are good girl. PERIOD
@RachelStrickland
@RachelStrickland Жыл бұрын
I appreciate you!
@alienpositivellc
@alienpositivellc Жыл бұрын
I've been actually dealing with harassment on whatnot because I've been telling people about the stuff that's going on and now I'm being targeted as a seller by some the bigger sellers...it's an issue and something definitely needs to be done about these things so it's good your discussing this stuff...
@FarmGurlScavengerNoel
@FarmGurlScavengerNoel 2 жыл бұрын
Definitely gives one pause for deciding if the effort is worth the time. How many items can be listed on other platforms in 4 hours-a lot. Thanks Rachel 💓 👩‍🌾
@RachelStrickland
@RachelStrickland 2 жыл бұрын
Oh what a stellar point Noel! You're a smart woman.
@StarWarriorPrimeGaming
@StarWarriorPrimeGaming 2 жыл бұрын
Thank you for referring this video @FarmGurlScavenger
@esthersfaith
@esthersfaith 2 жыл бұрын
I get sick thinking about how much time I have spent pouring into Whatnot vs. The return 🤕
@NostalgiaPicker
@NostalgiaPicker 2 жыл бұрын
I signed up today to give whatnot a whirl. Thanks for the upload.
@bnbtoys
@bnbtoys 2 жыл бұрын
Yeah but how many of those items sit, don’t sell and get BS offers? whatnot is much better than other apps, I’d you know how to sell! Or out em on eBay and sit and wait to sell!
@artboymoy
@artboymoy Жыл бұрын
I just had my first show and ran 3 hours of selling art and making art for people and that was the easy part. Digging around for all the shipping supplies I didn't have an going out and shopping for it was more of a PITA, but I think once I get it more streamlined in packing and shipping, I'll be fine.
@RachelStrickland
@RachelStrickland Жыл бұрын
Agghhhh shipping can be the least fun!
@sarahlaster445
@sarahlaster445 Жыл бұрын
I get almost all of my shipping supplies at garage sales and reuse boxes that come to the house or that groceries come out of. If you feel a used box doesn't look professional, wrap it in pretty paper and stick a note inside saying you like to recycle what you can. I haven't bought new shipping supplies in years.
@hanger9494
@hanger9494 2 жыл бұрын
Thank you for the great information. I am onboarding tomorrow- great info to know.
@Katiedid1959
@Katiedid1959 10 ай бұрын
I grealy appreciate this video, thank you for the honest breakdown!
@aaronfranqui6418
@aaronfranqui6418 Жыл бұрын
Thank you for being real!
@maiakrumsieg6415
@maiakrumsieg6415 2 жыл бұрын
Thank you for this!! I just got approved and have an onboarding tomorrow and decided to watch some how to videos. I want to get into intimates/bras/bralettes/slips etc, then activewear, then curated styles such as contemporary or romantic feminine if my audience grew. I was considering to start at $1-$2 bc that's what everyone else did 🤷🏻‍♀️ but now I may start $4 minimum as I attempt to grow my audience
@RachelStrickland
@RachelStrickland 2 жыл бұрын
Great idea!
@DJWerkz
@DJWerkz 2 жыл бұрын
Brilliant, brilliant, brilliant explanation
@RachelStrickland
@RachelStrickland 2 жыл бұрын
Thank you so much!
@DJWerkz
@DJWerkz 2 жыл бұрын
@@RachelStrickland Have you ever had any problems in scheduling a show, adding inventory for sale and then the show disappearing from your live stream schedule?
@Gamerdudeb
@Gamerdudeb Жыл бұрын
Ran my first auction about a week ago. I ran 100 items at $1 start. I made about $125 total after all fees. Some resellers can make the profit if you do it in bulk. Some of my items went for $10 some of them went for $1. Great video though and it shows you have to find different ways and bundles in order to make a little extra money and pay less in fees which I’ll take for my next show!
@RachelStrickland
@RachelStrickland Жыл бұрын
That's awesome! 100 is a lot for your first auction! Way to go on that! Did it take very long?
@Gamerdudeb
@Gamerdudeb Жыл бұрын
@@RachelStrickland thanks! It took about two hours for the show then another hour for the shipping. So not bad about $130 in 3 hours of work.
@RachelStrickland
@RachelStrickland Жыл бұрын
Thats seriously awesome!
@Gamerdudeb
@Gamerdudeb Жыл бұрын
@@RachelStrickland can’t wait to make more when I bundle them together and pay less in PayPal fees lol
@smittysfamilystore9441
@smittysfamilystore9441 2 жыл бұрын
Hey Rachel. Glad to see a video it had been a little while. I was pretty skeptical about Whatnot from the start. Honestly, I do not have the personality to sell on that platform. ha ha. But those fees are ridiculous, and they should not allow Paypal to do this. I did enjoy buying a while back but will not be selling on Whatnot.
@RachelStrickland
@RachelStrickland 2 жыл бұрын
There's still one to be made, just not selling for $1! You could be great on there!
@piercingtheveil40
@piercingtheveil40 4 ай бұрын
How does this compare to eBay fees? Not to mention the time and money for cleaning and repairs not to mention the gas and time to source. I would never consider anything for $5 let alone 1$!!!
@RachelStrickland
@RachelStrickland 4 ай бұрын
Ebay is around 13% in most categories. Whatnot is 11% (8 for whatnot and 2.9 for paypal plus 30cents)
@kani-bayan
@kani-bayan Жыл бұрын
Thank you for all your help great video
@RachelStrickland
@RachelStrickland Жыл бұрын
You are so welcome!
@ROCK-HUNTER-USA
@ROCK-HUNTER-USA Жыл бұрын
I just did my first show on whatnot today and now I’m regretting it. I really don’t think I’m going to continue with it. Not because of this video but because I spent an hour on it and I was exhausted lol.
@tidbitsfromtime-melissa4192
@tidbitsfromtime-melissa4192 2 жыл бұрын
Great video! Thank you for doing the breakdown of fees. I'm not sure if I'll get into selling on whatnot, but it's always great to have the info
@RachelStrickland
@RachelStrickland 2 жыл бұрын
Thank you!
@soozalongtheway
@soozalongtheway 2 жыл бұрын
Hi Rachel 👋🏼 Bummed that I missed your auctions! I'm following you now, so hopefully I'll catch ya next time! Thanks for all the great info!!!! 😀
@RachelStrickland
@RachelStrickland 2 жыл бұрын
Oh my gosh, you're a gem! Are you selling on there?
@soozalongtheway
@soozalongtheway 2 жыл бұрын
@@RachelStrickland , not yet.... maybe in the future 😊
@jmstarr33
@jmstarr33 2 жыл бұрын
Love your content! Thank you for all the tips with WhatNot!
@RachelStrickland
@RachelStrickland 2 жыл бұрын
Thank you!
@valerieg.9242
@valerieg.9242 2 жыл бұрын
Great perspective...I think it would be an okay solution for someone who doesn't have BST stores or an option for unloading inventory but honestly for $50-80 for multiple hours (prep, loading into site, and hosting the live sale) just doesn't sound any better than working towards listing. I wasn't considering this as an option but definitely helpful to consider the fees aren't as low as one would think
@RachelStrickland
@RachelStrickland 2 жыл бұрын
It's great for unloading inventory fast but I am like you wondering how many items I could list in those same hours. Haha. You do get fast at it though.
@angelo8424
@angelo8424 2 жыл бұрын
Good info. I just Google searched " whatnot selling fees" and this video was #8 from the top.
@RachelStrickland
@RachelStrickland 2 жыл бұрын
Oh I love hearing that! Thank you! I worked hard on this
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