Whatnot, recognized for its quick, often five-second live auctions, is now offering a more traditional auction experience with its latest update. The live streaming platform, popular among collectors and sellers, has introduced a new option that allows for auctions to run for up to seven days. This longer format is particularly tailored for higher-value items, such as modern and vintage single cards, which typically require more time for buyers to make decisions and place bids.
The update not only extends the duration of auctions but also integrates these longer-term auctions within the live shows. Sellers can now pin their long-duration listings to their live streams, enabling repeated promotion throughout the show. This added feature enhances visibility and provides sellers multiple opportunities to showcase their items, potentially increasing interest and bids.
This initiative by Whatnot aims to cater to the needs of its users who deal with more valuable and sought-after items, offering them the flexibility to engage with a broader audience over a more extended period. By allowing longer auction times, Whatnot is adapting to the diverse preferences of its community, making it possible for sellers to maximize the value of their offerings while giving buyers ample time to participate.
Whatnot has introduced a new auction format that allows listings to last up to seven days, specifically designed for high-value items. This update gives sellers the advantage of pinning these auctions during live shows, significantly enhancing the visibility and appeal of premium collectibles on the platform.