Curious where everyone sells and what, I'm looking to get into other platforms. Currently, eBay accounts pay for any final value fee between 3.5% to 12.55%, with the addition of $0.30 per order across most categories. It will have seven more mystery drops daily starting on Thursday. Calculate USA eBay Paypal Fee Calculator & Spreadsheet - FinalFees The self-described stock market of things StockX began as a marketplace to determine the actual aftermarket value of hyped sneakers. 13.25% if total amount of the sale is less than $150. A comparison of marketplace fees on eBay, Poshmark, Mercari, Etsy, Facebook Marketplace and more. just sit. Insertion fees for Classified Ads are $9.95 for a 30-day listing and there are no final value fees. What are the fees? - Grailed Fees correlate directly with your seller score, with the lowest possible fees (9.5 percent) awarded to sellers with a score of 90 or above. If your registered address is not in the US, please refer to the fee page for your country or region of residence for your seller currency conversion charge information. The difference here compared to the Grailed method of breaking down the fees is that Paypal rolls the sales tax that the buyer pays here into your total amount, making it look like you actually sold . Grailed mostly only sell luxury. Commission and fees:Listing fee of 20 cents, five percent transaction fee, payment processing fee of three percent plus 25 cents. eBay is an online marketplace where users buy and sell products. You can add up to 24 photos with zoom and enlarge, as well as schedule your listings to start and end at a future date and time, free of charge. Sellers who have a lot of brand new inventory are in luck, however anyone with lightly used goods cannot sell at all, and the additional transaction fees mean that checkout price is often considerably higher than advertised. A Reseller's Guide to Marketplace Fees - Blog.vendoo.co 10 people found this solution to be helpful. The fees and benefits vary depending on the type of Store subscription you choose. Keep reading to find out how you can save time and money using DoNotPay, and check out these articles from the Fight and Waive Fees product series. Prices can be slightly higher than other platforms (a result of the high fee structure) and the catalogue gears predominantly towards new collaborations, hyped releases and ultra-expensive grails. Commission and fees:Grailed takes a commission fee of nine percent, and sellers are also charged a PayPal payment processing fee of 2.9 percent plus 30 cents for domestic transaction and 4.4 percent plus 30 cents for international transactions. (Plus, environmental advocates point out that a hefty amount of donated clothing and textiles end up in landfills, and resale helps to extend the life cycle of items). Today, the company sells everything from streetwear to watches and handbags, all of which are in brand new condition. An order is defined as any number of items purchased by the same buyer at checkout with the same shipping method. Flight Club operates under a traditional consignment model. Youll get paid through PayPal and use the payment platform to print a shipping label. Fees for Real Estate listings include an insertion fee, a notice fee, and fees for any optional listing upgrades you choose. Your Guide to the Best Menswear Fashion Deals, But were not finished. It seems like no matter what the issue is with the transaction, eBay will always side with the buyer. If a seller has 10 pairs or less, they can simply walk into the Canal street store front and drop them off to start sellinganyone with more than 10 pairs must make an appointment. The platforms massive database of products make it convenient for sellers to easily list their goods without adding item specifics (such as fabrics and materials, weight, etc.). Thats right, Grailed. Grailed is free for buyers and sellers pay a low commission fee. Click Here To Try It NowClick Here For Tutorial. It feels like i am going in a circle. Graileds digital moderators authenticate all items before they hit the marketplace, and the platform will also notify sellers if potential buyers ask questions or submit offers on items. The online marketplace exclusively for high-end men's designer clothes is Grailed. Insane. - See: Notes for Good Til Cancelled listings, Fees for selling a vehicle on eBay Motors, fee page for your country or region of residence, Commercial, Residential, and Other Real Estate, Auction-style listings 1, 3, 5, 7 and 10-day duration, Fixed price listings Good 'Til Cancelled. Its even worse considering that they certainly must know that this service doesnt provide any real value and is probably only being provided as a marketing tool and a way for them to justify charging sellers more money. There are many online marketplaces. The $0.30 per order is not charged. Enter the promotion percentage you are charged. PayPal's seller's fee varies and is based on the location of the buyer's billing address. I was so confused by this topic I called E-bay and the partner fees are for Sales Tax added to the price a buyer pays for instance I sold an item on E-bay for $12.00. Listing items is not for the faint of heart. Free for many users to make an account, Grailed offers low fees for sellers. But heres the kicker; Ebay offers discounted shipping labels. That's less than half a percent difference, in favor of Grailed. Getting paid:Etsys secure payment system allows sellers to accept credit and debit cards, Apple Pay, Etsy gift cards, Google Wallet, and PayPal. Reddit and its partners use cookies and similar technologies to provide you with a better experience. If your registered address is not in the US, please refer to the fee page for your country or region of residence for your International fee information. When the item sells on eBay.de, eBay will calculate your payout amount by converting the sales proceeds from EUR to USD using the transaction exchange rate applicable at the time of the sale. Copyright 2023 Penske Business Media, LLC. Paypal already charges 2% fee and on top of it charge another fee under title of "partner fee". Competing on selling fees is also important since eBay does not compete with other resellers on authentication. till you get on grailedyou just wait. Poshmark Vs. eBay Vs. Depop: The Ultimate Resale Site Showdown I guess I was hoping to hear that "real" people work at Grailed and wouldn't just spit out the same generic responses while blindly siding with the buyer but it seems that dealing with scammers is a more common issue. Here are some more articles to check out from the Fight And Waive Fees product series. The main reason users are so upset is because they feel like there was no warning. Links to our international fees pages: Australia - opens in new window or tab | United Kingdom - opens in new window or tab | Canada - opens in new window or tab | Germany - opens in new window or tab | Spain - opens in new window or tab | France - opens in new window or tab | Italy - opens in new window or tab | Ireland - opens in new window or tab | Belgium (Dutch) - opens in new window or tab | Belgium (French) - opens in new window or tab | Austria - opens in new window or tab | Switzerland - opens in new window or tab | Netherlands - opens in new window or tab | Poland - opens in new window or tab | Greater China region - opens in new window or tab | All other countries - opens in new window or tab. When Vestiaire Collectives new CEO Max Bittner came on board in November last year, one of the first things he did to grow the seller audience was lower selling fees by an average of 10% across all categories. The 100 Greatest TV Shows of All Time If there is a way to save time and money, the chances are good that DoNotPay has a product that can handle things for you. For US domestic payments, there is a payment processing fee of 3.49% + .49 USD. Grailed - Paypal Date founded. Once you actually sell an item, GOAT (like StockX) sends you a prepaid shipping label to send the sneakers to an authentication center. Once the item sells, the user ships it to an authentication center, or drops it off at one of only a handful physical locations. Grailed commission fees Post any item for free. While technically one entity, each still operates independently and are seemingly autonomous. Sneaker Reselling Sites: A Roundup | Highsnobiety The site claims the increase was to improve the marketplace experience for all users. For sneakers, there is no authentication process in place like the robust processes that StockX or GOAT have. Amazon, Bonanza, Chairish, Craigslist, Depop, Ebay, Ecrater, Etsy, Facebook, Fiverr, Goat, Grailed, Kijiji, Letgo, Mercari, Newegg, Offerup, Paypal, Poshmark, Rakuten, Rubylane, StockX, Stripe, Tradesy are trademarks of their rightful owners. Be sure to also check out any relevant payment processing fees that may apply to your transaction. Read This Pros Top Tips Before You Sell Your Merch, Dont Sweat These Shades: These Are the Best Sunglasses for Running and Sports, The Best Grateful Dead Merch for Deadheads and Collectors Alike, Hoodies Are Much More Than Loungewear Here Are Ten Examples to Prove It, View all posts by Danielle Directo-Meston, Looking to Start Boxing After Watching 'Creed III'? Most categories, including Music > Vinyl Records and eBay Motors > Parts & Accessories, Automotive Tools & Supplies, and Safety & Security Accessories. All that said, I doubt Grailed actually offers their own 'protection' in many cases, if at all. A bustling thoroughfare of designer goods. We'll indicate which listings are subject to additional fees on your Account Summary - opens in new window or tab. Pros The Grailed marketplaceallows people to sell men's clothes, shoes, and accessories from high-end designers. I hope this helps and thank you for joining the Community! To list an item, there are 13 required fields, and at least 20 more optional ones. The website offers a traditional retail experience, with worldwide shipping and simple buying mechanics, search functionality and so forth. Grailed claims to offer their own protection which I have yet to hear any testimonials about, just constant copy pasta from Grailed staff. That said, some sites work better than others. Cons How it works:Sellers are responsible for photographing and listing their items to their shop on Etsys marketplace. Also, as a true marketplace, sneakers are often mislabeled, however our product team is rolling out a slew of new features including auto-fill sell forms and product pages to minimize the issue. Flight Club only deals in new sneakers. When Vestiaire Collectives new CEO Max Bittner came on board in November last year, one of the first things he did to grow the seller audience was, Competing on selling fees is also important since eBay does not compete with other resellers on authentication. Please read our Community Rules and Guidelines, Pay, shop, and do even more on the PayPal appGet the App. If you are hoping to fight or waive fees on Grailed, you may want to sign the petition. Please keep in mind that not all optional listing upgrades are available with every listing tool and not all optional listing upgrades may be displayed across all our sites, services, applications, and tools. (Read our review about how to buy/sell sneakers on eBay here). Scott Cutler, CEO of streetwear resale platform StockX, tells Rolling Stone that in order to maximize resale value, it is critical that sellers keep products in deadstock or new condition. If you love high-end designer men's fashion but thought you couldn't afford it, then Grailed is the place for you. Appreciate the responses. Here is an overview of fees, credits, and invoices on eBay. Selling on Mercari vs. Selling on eBay - Vendoo Did you ever find an answer of why you are being charged a partner fee by ebay? A dialog will open as you type your search terms. Cons Click Here To Try! I've been using Grailed since 2015 but the latest item I've sold, the fees came out to over 25% wtf. Consensus: While convenient from a buyers perspective, like other consigners the steep 20 percent fee structure and lack of seller tools make Stadium Goods less than ideal. Consensus: From a buyers perspective, GOAT is great. If you're a registered 501(c)(3) non-profit, then our fee is2.2% + $0.30 per transaction. Worth noting, on any site your likelihood of being scammed increases if you're selling hype items that appeal to a younger audience. But as of Tuesday, sneakers no longer carry any selling fees for pairs sold for more than $100. Those below pay on a sliding scale, with the highest fees reaching 20 percent. Submit your case! Enter the total amount sold before fees & excluding shipping charges. Hi, I'm a relatively new, but experienced eBay user with about a year (100~) worth of sales to show for it. This is a huge advantage for Ebay over Grailed. This was a listing from a user with no feedback, selling an expensive sweater from The Elder Statesman, and only using stock photos from the brands own website. You can now import hundreds of your sold listings in a heartbeat with all the fees & profits without having to do a thing! Even if you went an easier route with StockX, they charge 9.5% (or less) and you dont even have to pay to ship your shoes, they provide a label, which means they are definitely cheaper than the Grailed fee as well. Grailed by the numbers. There is not much chance the fee will be waived using any method. Post any item for free. While we are adding product categories everyday, the majority of products are spread across multiple listings rather than all located under one landing page. This article will discuss how you may be able to fight or waive fees when selling on the Grailed marketplace and anywhere else you do business. Click Here To Try! After your request is reviewed and approved, you can ship your item directly to Stadium Goods or drop it off at the companys Market Centers in Chicago and New York for inspection and verification. If you want to sell on Grailed, there is a 9% seller's fee. So it is still worth using Grailed? Our commission fee ensures that we can maintain a curated marketplace as well as develop new tools and features for both buying and selling on Grailed. Lets start with the obvious, that 9% fee. The higher of the two final value fees is charged, if your item sells, Reserve price In general, sellers tend to make less money per sale than with competitors. * Starting price is the starting price (auction-style listings) or Buy It Now price (fixed price listings) of your listing, and doesn't include shipping, handling, taxes, or fees. Commission and selling fees:For sellers listing 200 items or less, eBay does not charge an insertion or listing fee. Absolutely. Many prospective online sellers tend to consider StockX vs. eBay, two of the most popular online resale sites. For international payments, there is a payment processing fee of 4.99% + .49 USD. Upgrades you have selected for your listing. You've already used your allocation of zero insertion fee listings this month. If you offer or reference your contact information or ask a buyer for their contact information in the context of buying or selling outside of eBay, you'll be charged a final value fee based on the total amount of the sale even if your item doesn't sell. The base exchange rate reflects rates within the wholesale currency markets applicable to the currency pairing on the day of the conversion, or the prior business day. A partner fee is different from the PayPal fee for using our services to receive payments and will usually say in the transaction details. Real Estate listings can be auction-style, fixed price, or in the Classified Ad format. Grailed puts your grail within reach. Flight Club is a true retailer, and since all product is onsite in either a store or a warehouse, turnaround times are quick. The higher the price premium, the bigger the hype.. Ebay also still has a much bigger user base. It was raised on August 12th, 2020 from 6%. The Ultimate Grailed Guide - How to Sell on Grailed FAST Getting paid:Some of the most common payment methods include PayPal, credit or debit cards, and Apple and Google Pay. If you want to sell on Grailed, there is a 9% seller's fee. eBay was founded in 1995, and it definitely shows in the user interface. EBay drops all sneaker selling fees to compete with GOAT, StockX Thanks in advance. Thankfully, a few websites cater to both buyers and sellers simultaneously, creating mutually beneficial ecosystems where buyers and sellers happily co-existin some cases, they are in fact one and the same. 20% difference. If you need to refund the buyer or cancel the sale, you may be eligible for fee credits as per our fee credits policy. For those that sell on other platforms, what does best on grailed? If you only offer 1-day or international shipping but no cheaper option like domestic shipping, the total amount of the sale is calculated based on the service the buyer chooses. In the table below, you'll find the basic fees for items listed in most categories and the number of zero insertion fee listings you'll get each month. Growing the Grailed community to foster a . In 2019, 6 million pairs of sneakers were sold through eBay, and $10 million worth of sneakers were sold on eBay in 2018, up from $2 million the year before. The partner fee is the fee you're charged for "promoting" your listing on eBay. Most of my sales are on ebay and luxury (like saint laurent) and hype (supreme) does best there. Whats great about the resale platform is that it offers real-time pricing data and buyers can see the price history of specific items. It seems like no matter what the issue is with the transaction, eBay will always side with the buyer. Here's why you should sell on Grailed: Pros of selling on Grailed rather than Depop Sell luxury/designer items: While you can sell luxury items on depop, Grailed has a more curated/niche audience looking for hyped clothing pieces. Sneakers are a key area for growth for eBay. plus any PayPal fees. That said, our team of round the clock moderators and community team are constantly working to ensure that items are received in a timely manner. Grailed takes a commission when your items sell. Another (Celine) Portrait: See Bob Dylan in Fashion Brand's Latest 'Performer' Series. The $0.30 per order is not charged, 13.25% if total amount of the sale is less than $150, Building Materials & Supplies > Modular & Pre-Fabricated Buildings, No bids meet your reserve price, if you added one, Your item is listed in the Classified Ad format, $1.50 Classified Ads and Real Estate listings, If your account doesn't meet our minimum seller performance standards for the US in the evaluation on the 20th of the month, you'll be charged an additional 6% on the final value fees applicable to sales in the following calendar month. The company is currently approving sneaker sellers on a rolling basis and a limited number of apparel and accessory sellers. If youre approved, youll use GOATs app to search for your item, enter its condition and price, and upload photos. On eBay, top sneaker stores like Stadium Goods are always open to a global audience across every time zone, so you can check out their eBay store to browse and buy the latest must-haves.. Create an account to follow your favorite communities and start taking part in conversations. I hope this helps and thank you again for joining the Community! Now available on Google Chrome Web Store. As sellers keep a greater portion of each sale, they can charge a lower sticker price, which means sneakers are often below market." eBay is an online marketplace where users buy and sell products. For those looking to sell, you can either sign up on the Flight Club website and ship your sneakers to either the LA or NYC location, or choose to drop off the sneakers in store if you're local. No matter which format you choose, there are some rules you should be aware of, so please take a moment to read our Real estate policy. But, if you are willing/can afford losing an item, it's useful for a few extra sales imo. Grailed additionally allows you to sell used sneakers as well, unlike competitors who only allow brand new ("deadstock") sneakers on site. eBay has 3 types of fees: Final Value Fee, Insertion Fee and Listing Upgrade Fee. After you've used your zero insertion fee allowance, insertion fees are: Good 'Til Cancelled listings are fixed price listings that renew automatically once per calendar month. What is Grailed's commission fee used for? How can i find who is taking this money out of my account. Copyright 1995-2023 eBay Inc. All Rights Reserved. As of now, Stadium Goods does not allow consignors to drop off streetwear, despite the fact it sells it. Editors picks Find high-quality men's and women's streetwear & designer pieces from the brands you love at Grailed, the community marketplace for men's and women's clothing .