How to Price Items for a Live Auction on Whatnot

https://theresellerreel.clearhavendigest.com/posts/how-to-price-items-for-a-live-auction-on-whatnot

When pricing items for a live auction on Whatnot, start by researching recent sold prices on similar items to set a fair starting bid. Consider the item's condition, rarity, and your audience's interests. It helps to start low to generate bidding momentum, often at 50-70% of retail value, and use smaller increments like $1-$5 to keep engagement high. Always factor in the 8% seller fee and shipping costs to ensure you still make a profit. Avoid reserve prices, as they can slow down the auction;…