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Whatnot is “a community marketplace where you can safely buy, sell, go live and geek out with collectors and other like-minded people.”
It’s basically like eBay but everything is sold via livestream video.
In the following video, Chris Lin shares how he’s done about $600,000 in sales in six months selling clothing and other goods on Whatnot…
Check his profile here.
It’s unclear how much profit Chris is earning via his Whatnot business, but I assume it’s similar to the 20-30% profit margin that’s typical for Amazon FBA businesses.
Note that Whatnot isn’t Chris’ first rodeo. Previously he had a successful resale business on eBay, doing $2.5 million in sales in a single year until his account was suspended 😱
He has a video about that here…