Instagram’s R&D team has known for a few years that the platform’s future lies in incorporating E-Commerce tools into the app, allowing them to tap into the previously untapped potential of selling things through Live Streaming video. If you’ve been using the app for a while, you may have noticed that this happened more quickly during the pandemic.
WhatNot was only getting started last year and was in its infancy. They’re now hoping to be the GOAT of collectible toys, but first and foremost, they wanted to be the go-to trusted site for buying and selling legitimate Funko Pop figures. In this blog, we bring everything you need to know about the WhatNot clone script.
Whatnot is a new startup, according to Crunchbase, that was founded in December of 2019. As of October 2021, the marketplace had only been open for a little over a year. Whatnot is a community marketplace where collectors and other like-minded people can buy, sell, go live, and geek out.
Whatnot is a community marketplace where individuals may connect online in a safe environment to buy, sell, and trade valuable items. It’s a marketplace for collectors looking to purchase and sell genuine collectibles of all kinds. It’s also a gathering place for keen collectors to discuss their common interests in a wide range of products and categories.
In recent months, the e-commerce company has performed exceptionally well. With its tremendous expansion, their extraordinary success has grabbed headlines. It’s impressive how much the company has grown in such a short time.
Why WhatNot Clone Script?
WhatNot, a live streaming retail and auction network, secretly received $75 million from a bevvy of investors including Andressen & Horowitz, Y Combinator, and others earlier this year, among all the hubbub. At the same time, Goldman Sachs invested $50 million in the NTWRK video marketplace script. Both of these platforms have comparable features.
WhatNot concentrates entirely on Live Stream shopping and auctions, which it does considerably better. The app’s users only use it to purchase intriguing things and, of course, to “window shop.” With such lucrative features and functionality, a clone script is inevitable.
Why you need to launch a WhatNot Clone Script!
There’s still opportunity for niche-driven enterprises in a variety of industries, such as WhatNot Live Stream retail and auction site. Our WhatNot Clone Script enables you to launch a live streaming shopping site that has the potential to revolutionize the way people shop online. It addresses one of the most pressing issues: TRUST. Before making a purchase, people would like to see how the product looks on video.
A live stream provided by the NTWRK clone script allows the seller to demonstrate and gauge the response to their goods straight immediately. It also allows the user to observe how the product can be used from the perspective of the seller without having to leave their home.
How can you make Money with WhatNot Clone Script?
Promote listings that want to get additional exposure on the platform; sponsored listings will be labeled as such, following the IAB’s advertising requirements.
Every purchase made on the platform will incur a platform fee, which can be changed in the admin panel.
The streaming server uses the HLS live streaming protocol, which reduces bandwidth without sacrificing quality and has very little lag.
The live stream has two modes: auction mode and live stream mode. In auction mode, features linked to an auction experience (a timer, bidding, etc.) are enabled for the live stream.
The WhatNot Clone offers features to help you develop a successful community of reputable buyers and merchants. All of the social technologies are designed to make product discussions clear and open.