Latest news with #Whatnot
Elle
3 days ago
- Entertainment
- Elle
Why Everyone Is Shopping on Livestream Right Now
In January, writer Liana Satenstein hosted an informal runway show in her living room. As friends-cum-models paraded through the narrow space, she announced each piece over the din of the well-heeled crowd. But to be in the room where it happened, you didn't have to score an IRL invite. You just had to tune in to the live selling-and-buying platform Whatnot. Shopping, for as long as it has existed, has been about more than just the practical act of purchasing goods. It's a chance to socialize, to indulge, to play. And now that e-commerce has become old hat, there's a desire to bring some real-life excitement to the online experience. Enter the livestream. Satenstein, who hosts a series of closet cleanouts she calls 'Neverworns,' started with in-person sales, but kept receiving messages when she'd post teasers online. 'What am I supposed to do? You have to either be here or too bad,' she thought at the time. Livestreaming became a way to bridge the gap—shoppers could get the full Neverworns experience, including a chance to purchase, from the comfort of their own homes. If boomers had QVC, livestreams are shoppertainment for the Twitch generation. 'Gen Z, and the up-and-coming Gen Alpha, sees social media as an entertainment platform just as much as traditional TV,' says Rebecca Rom-Frank, a marketing strategist for the trend forecaster WGSN. 'With the rise of video platforms, it makes sense that livestream shopping would follow.' Satenstein drew inspiration from QVC clips on YouTube and a 1989 interview with Donna Karan on a talk show called Attitudes. 'There's context, layers, history—and [Karan] has a model walk out in the clothes showing how something fits.' Since its founding in 2019, Whatnot has become a buzzy name in the live shopping space. In January, the platform announced that it had raised $265 million in new funding. According to Whatnot, viewers spend an average of over 80 minutes per day watching its content, more time than they spend on Instagram or TikTok. While they buy about 12 items per week, there are also plenty of users who are tuning in just to chat or listen, no purchase necessary. 'I hear time and time again that it feels like a TV show, where each week there's a new episode,' says Nica Yusay, who sells luxury handbags on the account FashioNica. Despite the convenience of a one-click checkout, there's a loss of community spaces. Shopping has become a solo sport, but livestreams can bridge the gap. Customers can get involved, connecting with like-minded shoppers—and the seller on the other side of the lens—without leaving the couch. Watchers ask questions on the fly, and sellers do their best to keep up, offering banter, backstory, and even try-ons in front of their audience. 'People ask me how many unitards I own at this point,' says Nina Chong-Jimenez, a Whatnot seller whose account, Lockitin, has made nearly 68,000 sales. 'At any given moment, I'm stripping down to put anything on that I can. It's important for you to see how a piece is going to fall on a person.' It's an added layer of transparency that's often lacking in apps or large online marketplaces: You can see the person behind the post, and get real-time info on the piece for sale, all while chatting with friends. With higher sale conversion rates than conventional e-commerce and a growing market share, livestreaming seems poised to keep winning new fans. For now, buyers and sellers are still figuring things out. 'There's no rhyme or reason,' Satenstein says of how much she ends up selling in a livestream. 'But I'm having a good time.'
Yahoo
4 days ago
- Entertainment
- Yahoo
How friendship and $27 turned into a $274,500 Caitlin Clark rookie card
Friendship and a 'pity' buy for less than the price of a full tank of gas turned into the second most expensive women's sports trading card in the history of the hobby. A Caitlin Clark one-of-a-kind rookie card sold for $274,500 on Saturday night through Goldin Auctions, three months after Phoenix resident Valerie Coleman landed the card for only $27 during a WNBA card box break from streamers 'Mrs. Flip' on Whatnot. Advertisement The card — Clark's 2024 Panini Prizm WNBA Black Finite one-of-one rookie card with a mint 9 grade from PSA (Professional Sports Authenticator) — became the most expensive public sale for a non-autographed Clark card, as well as the second-highest price for any Clark card of any kind. Only the Indiana Fever guard's 2024 Prizm WNBA Signatures Gold Vinyl one-of-one autographed rookie card sold for more at $366,000 on March 29. Coleman hopes Clark will learn about the sale of this card… but only to spread the word about the good Coleman hopes to bring with the lucrative boon. Coleman started collecting cards as a child with her siblings and family members in West Virginia in the 1990s and maintained interest in the hobby simply for her love of sports and collecting. She ventured over to collecting WNBA cards essentially to pick up keepsakes of the players on her fantasy team. Advertisement She discovered 'Mrs. Flip,' a WNBA box breaker stream run by Mandy Stalmack and Matt Oomen of Ludington, Mich. and quickly developed a friendship with the energetic 'Flips.' It was always less about landing lucrative cards for Coleman with 'The Flips,' rather she just wanted to help her new friends who loved cards as much as she did make a living. 'I'm really just committed to going to their show to support them from a financial standpoint,' Coleman said. 'I love what they're doing with their lives (Stalmack and Oomen are openly in recovery from substance abuse) and what they're doing. Whatever came out of the break was always fine with me. The supporting part, that was important.' How Stalmack and Oomen decided to start their WNBA card channel spawned from their own stroke of luck. Advertisement The couple landed a Bo Nix 2024 Panini Gold Standard one-of-one Nike Swoosh jersey patch card in an online box break in September. They took a gamble by holding on to the card rather than cashing in instantly. Their patience paid off with Nix improving during the season, meaning his card values jumped along the way. Two months later, their Nix card sold for $3,800 on eBay while on their way to visit family in Missouri during Thanksgiving. On the same trip, Stalmack said she stumbled across a Whatnot channel selling WNBA cards. 'As soon as I saw them pull the first Caitlin (Clark card) and everybody was going crazy, I said (to Oomen), 'Babe, hear me out,'' Stalmack said. 'And so we took that money from the Bo Nix (card), and we started the Mrs. Flip channel, and so we started that in December.' 'Off one card,' Oomen chimed in, almost still astonished as the origin of the stream. Advertisement 'The Flips' were off and running with their WNBA channel, buying sealed cases of cards leading up to when the 2024 Panini Prizm WNBA blaster boxes (six packs per box, four cards per pack sold in retail stores) went on sale. With no direct allocation of products from any card manufacturers, Oomen said the couple drives across Michigan and neighboring states every day trying to scoop up as many WNBA blaster boxes as possible from retailers. During a random team break (where paying participants are assigned a random WNBA team and get all the cards opened that are associated with it) on the afternoon of March 15, Coleman wanted to close out the slow-moving process of filling all the available spots to allow The Flips to rip open the packs in the boxes. One of the two spots remaining was a 'chaser' team. 'Chaser' teams are a handful of the top teams that buyers would hope to land in a break. If the buyer of the spot lands a 'chaser' team, those handful of buyers will then be put into another random draw for those top teams. 'Nobody wanted to do it (buy the spots),' Oomen said. 'But Val, she's been with us from the beginning. … She pretty much did this out of pity just to help us out.' Coleman won the final 'chaser' slot for $27 and then secured the Fever by another random chance. Advertisement Stalmack sifted through the cards from the Prizm packs with her thumbnails splashed with bright red polish and three jewel stickers on each nail. She was casually speaking to someone messaging her from the live chat during the break as she moved the top card from the pack when the Clark card caught her and Oomen by surprise. 'Oh my God!' Stalmack shouted. Oomen chimed in asking, 'Is that a one of one?' She turned the card over to reveal it was indeed the most sought-after non-autographed card in the set. The Flips lost their minds, screaming 'Holy! and 'Oh my God!' Meanwhile in Phoenix, Coleman said she shrieked so loud that security cameras from her home caught her joy in real time. The $274,500 Clark card came from a box bought at Walmart in Indiana, Oomen said. The retailer originally sold 2024 Prizm WNBA blaster boxes for about $40 each. 'I remember waking up, and I told him (Oomen), 'There's something big in this room.' And we had no clue what we were about to pull,' Stalmack said. Advertisement No one felt comfortable having the Clark card shipped. So Coleman flew to Grand Rapids, Mich., which is about two hours from The Flips' home, not long after hitting the card in the break. Coleman, Stalmack, and Oomen met at the airport to exchange hugs and the card. And as a thank you, Coleman will treat 'The Flips' to a Phoenix vacation in August where the trio will attend a Fever-Phoenix Mercury game. Her good fortune will benefit more than just herself and The Flips, though. Coleman volunteers with animal rescues in Phoenix, and now she hopes her willingness to donate a sizable portion of the profits from the card will spur more support. Three animal rescue centers — Sky Sanctuary Rescue, Handover Rover, Miri's Haven — will hold fundraisers in the hopes to raise $50,000 from the public. Coleman will match all donations to the animal rescue centers up to $50,000 with the goal to raise $100,000. 'That was my first thought when I pulled the card. I was like, 'Oh my gosh, I can help so many people and animals with this,' Coleman said. Advertisement And why does Coleman hope the word spreads to Clark about her aspirations for the money received from the card? Coleman wrote on a pinned post on her Instagram page, 'If Caitlin Clark herself somehow sees this, I'll add $10,000 to the donation. She changed my life, so now let's change some more lives.' The Athletic maintains full editorial independence in all our coverage. When you click or make purchases through our links, we may earn a commission. This article originally appeared in The Athletic. Indiana Fever, WNBA, Memorabilia & Collectibles 2025 The Athletic Media Company
Scottish Sun
06-06-2025
- Business
- Scottish Sun
I've made £18k in 7 months after losing weight & flogging my old clothes – my little-known site makes reselling easy
The site allows you to sell clothing, beauty, live plants and so much more CHA-CHING I've made £18k in 7 months after losing weight & flogging my old clothes – my little-known site makes reselling easy ARE you trying to flog your old clothes - but don't seem to be making any money? While most of us have heard of Vinted - where some have made a fortune of £18k - there are also other sites to check out. 2 The woman started flogging her old clothes online after she lost weight Credit: tiktok/@ 2 In just seven months, Jess had raked in a whopping £18k thanks to this side hustle Credit: tiktok/@ This is what one savvy Brit, TikToker Jess, recently shared online after raking in close to £20k in less than a year. Jess, who posts under the username @ started selling items from wardrobe after an epic body transformation. As none of the old clothes no longer fit her, she decided to sell them online - before realising she had ''the bug for reselling''. Reselling involves purchasing products from various sources , such as manufacturers, liquidators, individuals and charity shops, and then selling them at a higher price to generate profit. Resellers determine a price that covers their costs, for instance, the purchase price of the product and any shipping costs, and allows them to make a profit. They then sell these products through various channels, including Amazon, eBay, Etsy and Vinted. ''It started off small and I scaled it from there,'' said Jess who moved from her ''items to charity shops to wholesale''. As well as flogging the goods on Vinted, eBay and Depop, Jess also uses a little-known site to cash in - Whatnot. The ''vintage clothing reseller'' explained: ''Whatnot is a live auction selling website. ''They have an app [...] and it's a really, really nice platform with lovely people and lots of sellers, and lots of buyers. I've made £18k on Vinted & a hack means I don't have to hunt for bits I've sold ''What I will do is I will get all my items ready and I will show those items on the screen and then people will bid if they want to buy that item.'' According to Jess, you can start at different prices, such as £1, £3 and £5 - which is ''entirely up to you''. The site - where you can also feature the products front-and-center rather than showing your faces - also offers pre-paid shipping labels. Once you've made a sale, slap the label on the box and send it out for delivery. Do I need to pay tax on my side hustle income? MANY people feeling strapped for cash are boosting their bank balance with a side hustle. The good news is, there are plenty of simple ways to earn some additional income - but you need to know the rules. When you're employed the company you work for takes the tax from your earnings and pays HMRC so you don't have to. But anyone earning extra cash, for example from selling things online or dog walking, may have to do it themselves. Stephen Moor, head of employment at law firm Ashfords, said: "Caution should be taken if you're earning an additional income, as this is likely to be taxable. "The side hustle could be treated as taxable trading income, which can include providing services or selling products." You can make a gross income of up to £1,000 a year tax-free via the trading allowance, but over this and you'll usually need to pay tax. Stephen added: "You need to register for a self-assessment at HMRC to ensure you are paying the correct amount of tax. "The applicable tax bands and the amount of tax you need to pay will depend on your income." If you fail to file a tax return you could end up with a surprise bill from HMRC later on asking you to pay the tax you owe - plus extra fees on top. According to Whatnot, 48-72 hours after the order is delivered, you can cash out via direct deposit. It doesn't have to be just clothing you're tying to cash in from - the sellers flog electronics, collectibles, beauty, live plants, and more. Raving about the little-known site, Jess said in a video: ''I personally kind of think it kind of has revolutionised the way we resell things. ''The thing I love the most about it is that when I get my stock in, I can show it on the screen [...] and then you buy it. ''I post it out within a couple of days - so it really stops that whole issue of having to store items for a really, really long time.'' While there are plenty of pros, Jess also noted the platform does have its cons, such as the fees. Seller fees are as follows: 8% commission on the sold price of an item when it sells 2.9% + 30 cents (24p) payment processing fee for the entire transaction Payment processing applies to the subtotal, tax, and shipping price paid by a buyer for a given order The payment processing fee is not currently applied to any international shipping/taxes. ''But with a lot of reseller websites, there are fees anyway. ''The other cons can be the price points - you might not always get the same prices you would on things like eBay, Depop and Vinted.'' Jess also added under another video that she's ''registered as a sole trader and will pay tax during the self assessment window''.
The Sun
06-06-2025
- Business
- The Sun
I've made £18k in 7 months after losing weight & flogging my old clothes – my little-known site makes reselling easy
ARE you trying to flog your old clothes - but don't seem to be making any money? While most of us have heard of Vinted - where some have made a fortune of £18k - there are also other sites to check out. 2 2 This is what one savvy Brit, TikToker Jess, recently shared online after raking in close to £20k in less than a year. Jess, who posts under the username @ started selling items from wardrobe after an epic body transformation. As none of the old clothes no longer fit her, she decided to sell them online - before realising she had ''the bug for reselling ''. Reselling involves purchasing products from various sources , such as manufacturers, liquidators, individuals and charity shops, and then selling them at a higher price to generate profit. Resellers determine a price that covers their costs, for instance, the purchase price of the product and any shipping costs, and allows them to make a profit. They then sell these products through various channels, including Amazon, eBay, Etsy and Vinted. ''It started off small and I scaled it from there,'' said Jess who moved from her ''items to charity shops to wholesale''. As well as flogging the goods on Vinted, eBay and Depop, Jess also uses a little-known site to cash in - Whatnot. The ''vintage clothing reseller'' explained: ''Whatnot is a live auction selling website. ''They have an app [...] and it's a really, really nice platform with lovely people and lots of sellers, and lots of buyers. I've made £18k on Vinted & a hack means I don't have to hunt for bits I've sold ''What I will do is I will get all my items ready and I will show those items on the screen and then people will bid if they want to buy that item.'' According to Jess, you can start at different prices, such as £1, £3 and £5 - which is ''entirely up to you''. The site - where you can also feature the products front-and-center rather than showing your faces - also offers pre-paid shipping labels. Once you've made a sale, slap the label on the box and send it out for delivery. Do I need to pay tax on my side hustle income? MANY people feeling strapped for cash are boosting their bank balance with a side hustle. The good news is, there are plenty of simple ways to earn some additional income - but you need to know the rules. When you're employed the company you work for takes the tax from your earnings and pays HMRC so you don't have to. But anyone earning extra cash, for example from selling things online or dog walking, may have to do it themselves. Stephen Moor, head of employment at law firm Ashfords, said: "Caution should be taken if you're earning an additional income, as this is likely to be taxable. "The side hustle could be treated as taxable trading income, which can include providing services or selling products." You can make a gross income of up to £1,000 a year tax-free via the trading allowance, but over this and you'll usually need to pay tax. Stephen added: "You need to register for a self-assessment at HMRC to ensure you are paying the correct amount of tax. "The applicable tax bands and the amount of tax you need to pay will depend on your income." If you fail to file a tax return you could end up with a surprise bill from HMRC later on asking you to pay the tax you owe - plus extra fees on top. According to Whatnot, 48-72 hours after the order is delivered, you can cash out via direct deposit. It doesn't have to be just clothing you're tying to cash in from - the sellers flog electronics, collectibles, beauty, live plants, and more. Raving about the little-known site, Jess said in a video: ''I personally kind of think it kind of has revolutionised the way we resell things. ''The thing I love the most about it is that when I get my stock in, I can show it on the screen [...] and then you buy it. ''I post it out within a couple of days - so it really stops that whole issue of having to store items for a really, really long time.'' While there are plenty of pros, Jess also noted the platform does have its cons, such as the fees. Seller fees are as follows: 8% commission on the sold price of an item when it sells 2.9% + 30 cents (24p) payment processing fee for the entire transaction Payment processing applies to the subtotal, tax, and shipping price paid by a buyer for a given order The payment processing fee is not currently applied to any international shipping/taxes. ''But with a lot of reseller websites, there are fees anyway. ''The other cons can be the price points - you might not always get the same prices you would on things like eBay, Depop and Vinted.'' Jess also added under another video that she's ''registered as a sole trader and will pay tax during the self assessment window''.
Yahoo
20-05-2025
- Entertainment
- Yahoo
Caitlin Clark is back in action and auction: 7 massive 1/1s at auction right now
It's a great time to be a Caitlin Clark collector . Her return to the court has spurred an onslaught of auction listings. Search eBay and you'll find a sea of $200,000 "Buy It Now" listings for rare Clark cards, but what's happening right now is unique: seven of her best 1/1s, arguably the most iconic Clark cards in existence, are live in auction houses at the same time. This kind of perfect storm almost never happens in the hobby. The WNBA season has started, attention is high, and the biggest Clark collectors are gearing up to fight for what could be some of the most important cards of the decade. The Caitlin Clark Effect We see rookie frenzies every year, but Clark feels different. She isn't surrounded by the usual speculation or uncertainty. She is, by nearly all accounts, a lock to be one of the greatest to ever step on a WNBA court. There hasn't been this much certainty around a player since LeBron James. Advertisement Clark is already reshaping the sport. And her cards? They're reshaping the women's hobby market in ways we've never seen before. That belief is fueling some big bets. Rhomel Joshue Gutierrez , known as GucciRips on Whatnot and Mantel , owns one of the seven cards up for auction. "If someone told you that you could go back in time and buy one of LeBron James' best rookie cards, would you do it?" he said. "Everyone talks about a 'generational talent.' But much more rarely there comes along a game-defining talent, someone whose legacy is culture shaping. Women's basketball will be defined as the era before Caitlin Clark and the era after." Another collector, Val Coleman of Valcano Cards on WhatNot , pulled the Black Finite 1/1 in a break and still remembers the moment. "I sounded like a screeching bird," the WNBA season ticket holder said. "I booked a flight that night to Michigan to pick it up in person. The seller drove two hours to meet me at the airport." Advertisement Val even plans to use some of the auction proceeds for animal rescue efforts. 'After that I just want to give back, I want to help out family and friends, and make sure I can continue selling cards to the amazing WNBA community on WhatNot. I am known for wild giveaways and freebies, so this will certainly help!' So, which cards are we talking about? The Top 7 Caitlin Clark 1/1 Cards Currently at Auction 1. 2024 Panini Prizm Draft Picks Black Caitlin Clark ROOKIE AUTO 1/1 PSA 10 GEM Current Bid: $8,725 | Platform: Fanatics Collect | 2 Days Remaining One of the most hyped Clark cards on the market, this pristine Prizm Draft Auto 1/1 pairs rarity with an elite grade. The black parallel and auto make it a grail-level collectible. View Auction (Courtesy of Mantel) 2. 2024 Panini Instant WNBA Blue Viper Caitlin Clark ROOKIE AUTO 1/1 #1 PSA 10 GEM Current Bid: $1,325 | Platform: Fanatics Collect | 2 Days Remaining This Panini Instant 1/1 captures Clark in her Indiana Fever uniform debut, released in real time after her first pro moments. A stunning auto on a unique parallel. View Auction (Courtesy of Mantel) 3. 2024 Panini Prizm WNBA Throwback Signatures White Sparkle 1/1 - PSA 9 / Auto 10 Current Bid: $16,000 | Platform: Goldin Auctions | 11 Days Remaining This rare White Sparkle Prizm 1/1 features a clean blue ink auto and a bold throwback design. Pulled from elusive White Sparkle packs, it's one of her rarest Fever-year cards. View Auction (Courtesy of Mantel) 4. 2024 Panini Prizm WNBA Signatures White Sparkle Prizm #SG-CC Caitlin Clark Signed Rookie Card (#1/1) - PSA GEM MT 10, PSA/DNA GEM MT 10 Current Bid: $18 | Platform: Goldin Auctions | 9 Days Remaining This rare White Sparkle Prizm 1/1 features a clean blue ink auto and an incredible 10 / 10 on grading. Pulled from elusive White Sparkle packs, it doesn't get much better than this. View Auction (Courtesy of Mantel) 5. 2023-24 Bowman Chrome University SuperFractor #34 Caitlin Clark Rookie Card (1/1) - BGS 9 Current Bid: $3,000 | Platform: Goldin Auctions | 11 Days Remaining This pre-WNBA SuperFractor highlights Clark's collegiate dominance in a shimmering 1/1 foil finish. A perfect blend of prospecting and proven greatness. View Auction (Courtesy of Mantel) 6. 2024-25 Panini Prizm WNBA Clark-Mania! Autographs Gold Vinyl Prizm #CLM-CC Caitlin Clark Signed Rookie Card (#1/1) - PSA GEM MT 10, PSA/DNA GEM MT 10 Current Bid: $17,000 | Platform: Goldin Auctions | 25 Days Remaining One of the best looking insert autographs you will ever find. These Clark-Mania! inserts were exclusive to '24 Panini Prizm WNBA Premium Box and extremely rare. View Auction (Courtesy of Mantel) 7. 2024 Panini Prizm WNBA Black Finite #145 Caitlin Clark Rookie Card (1/1) - PSA 9 Current Bid: $66,000 | Platform: Goldin Auctions | 25 Days Remaining Arguably Clark's top Fever-era rookie, this PSA 9 Black Finite 1/1 is the crown jewel of the current auction run. Dazzling, rare, and already a six-figure contender. View Auction (Courtesy of Mantel) Whether you're a seasoned WNBA collector or just discovering the hobby through Caitlin Clark, this moment feels special. It's rare to see a player command this much attention so early, and rarer still to have 7 of her most coveted 1/1s all hit the market at once. And while the total sell price of these cards will rival some country's entire GDP you don't need to own one to be a part of the fun. Chase one of this year's rookies or find a card you love on eBay .
