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. One stock photo from a seller with no feedback, yet it is somehow Digitally Authenticated. To put any trust in this process would be unwise. GOAT is an online only sneaker site that sells both new and lightly used sneakers. With their new Managed Payments format, that number will now be 12.35% + 30 cents. When a seller sells something on Grailed, our fee is deducted within the transaction itselfand then Grailed's 6% partner fee is deducted separately. Related Stories Many prospective online sellers tend to consider StockX vs. eBay, two of the most popular online resale sites. If eBay converts your funds, the conversion will be completed at the transaction exchange rate we set for the relevant currency exchange. I have only used Ebay and Grailed. . Pros But as of Tuesday, sneakers no longer carry any selling fees for pairs sold for more than $100. Grailed is the preeminent marketplace for mens fashion and streetwearobviously, that includes sneakers. At the end of 2019 Ebay eliminated final value fees for items sold for over $100 in the Athletic Shoes category; Yes, that means 0% fee for sneakers that you sell for over $100! An order is defined as any number of items purchased by the same buyer at checkout with the same shipping method. The site offers almost zero protection and all fraud cases are first worked through PayPal. Enter the total amount charged for shipping to buyer. Deduction on ebay fee for having an Ebay store(Basic, Premium, and Anchor Stores all charge the same rate). Between fees, prices, the ability to purchase slightly worn shoes for well below their going rate, no other site compares. There are many online marketplaces. How it works: Sellers list sneakers that they want to sell via consignment through Stadium Goods Seller Portal. Were going to breakdown whether that fee is reasonable, or whether youre better off selling onEbayorStockX. Cons Pay, shop, and do even more on the PayPal app. PayPal fees for transactions within the United States are 2.9 percent plus $0.30 per transaction, while. For each time a transaction is made grailed takes a 9% commission of the sold price plus Paypal fees. For other items that sell, theres a final value fee of two to 12.85 percent depending on the products category. Currently only use ebay, grailed and poshmark. Today, the company sells everything from streetwear to watches and handbags, all of which are in brand new condition. Of course there would also be the operation cost of investigating the case themselves. If your category is not listed this means no additional deduction is given. For those that sell on other platforms, what does best on grailed? 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 self-described stock market of things StockX began as a marketplace to determine the actual aftermarket value of hyped sneakers. A partner fee is different from the PayPal fee for using our services to receive payments and will usually say in the transaction details. While initially focused on only sneakers, Stadium Goods recently entered the streetwear game as well, and now offers Supreme, Palace and even Travis Scott Astroworld merch. (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). To list an item, there are 13 required fields, and at least 20 more optional ones. Calculate USA eBay Paypal Fee Calculator & Spreadsheet - FinalFees That's less than half a percent difference, in favor of Grailed. There are a lot of optionsthough primarily newer releases and ultra-expensive grailsand buying is very straightforward, tax is even included! Charged per listing and per category. For each time a transaction is made grailed takes a 9% commission of the sold price plus Paypal fees. These platforms have, expanding their internal authentication teams, PFW Briefing: Lanvin digs into archives for partnership with beauty brand Carita, Week in Review: Milan Fashion Week edition, JCPenney kicks off Prabal Gurung collab with a Meatpacking District pop-up, Glossy Pop Newsletter: The Bold Glamour filter and just how far fake beauty can go, Este Lauder Companies Fabrizio Freda ranks second on Overpaid CEOs list. It seems like no matter what the issue is with the transaction, eBay will always side with the buyer. They usually view the seller as guilty until proven innocent. The only true sneaker marketplace, you can communicate directly with your potential buyer, inducting them into the Grailed community. Here are some more articles to check out from the Fight And Waive Fees product series. Good for selling: Streetwear and sneakers, celebrity collaborations, and collectibles, Popular brands:A Bathing Ape, Cactus Jack, Fear of God, Supreme. Then why this "Partner" is charging us? You may be charged final value fees if you violate our policy of buying or selling outside of eBay, or we may apply additional final value fees if you are not meeting our performance expectations. Competing on selling fees is also important since eBay does not compete with other resellers on authentication. Getting paid:Once your item sells, youll receive payment through PayPal. We have helped over 300,000 people with their problems. We may, in our sole discretion and without consent from or payment to sellers, display third-party advertisements (including links and references thereto) and listings from other sellers on any eBay page, Depending on the tax legislation of your country of residency, local Value Added Tax (VAT), Goods and Services Tax (GST) or similar consumption tax might apply in addition to your eBay fees. 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.). Fees are different for Store subscribers and for selling vehicles. All Rights Reserved. 2013. 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. According to eBay, I was also charge the final value fees as well I feel like BH Im being charged twice. These listings count towards your monthly zero insertion fee listings. Be sure to also check out any relevant payment processing fees that may apply to your transaction. Submit your case! Select Others if not listed. 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. Read more about our, Charged only once per listing for listings with multiple items. EBay drops all sneaker selling fees to compete with GOAT, StockX 13.25% if total amount of the sale is less than $150. Select Clothing, Shoes & Accessories categories: Free if starting price is $150 or more* - See: Notes for Basic fees. A Reseller's Guide to Marketplace Fees - Blog.vendoo.co How it works:Sellers list their own items with at least three photos, details, and pricing, and then select categories such as Grailed, Hype, Sartorial, and Core. StockX fees operate on a sliding scale but range from 9.5 percent to 8 percent plus credit card fees depending on the users seller leveli.e. For men's athletic shoes, there's no final value fee if the pair sells. I need some help please. If you want to sell on Grailed, there is a 9% seller's fee. The majority of products on our marketplace trade for more than their retail price, and the size of their price premium that is, the difference between resale and retail price tends to be a good measure of demand. 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. Plus, StockX physically authenticates every pair of shoes that gets sold on the platform. In an effort to compete with other sneakerhead-beloved resale platforms, the online auction giant also unveiled an authentication partnership with SneakerCon to verify popular items listed at $100 and up. just sit. The retail experience is relatively straightforward and all items are authenticated in-house at one of StockX's warehouses around the world. 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. Since you aren't charging the buyer for shipping or any other costs, $424 is the total amount of the sale (includes 6% sales tax). Cons However, with the new update, items sold after March 1, 2022, are now 12.9% + $0.30 for every order on most categories. StockX will catch most fake items, while Ebay will not, but nor will they ever claim to be able to verify an item as authentic. I am also and have no idea why. If you are unsuccessful in waiving the Grailed fee, there is a product to fight chargeback and a product that could assist you with returns as well. We charge an insertion fee and applicable optional listing upgrade fees when you list your item for the first time, and each time it renews. The fees for selling a vehicle on eBay Motors are different from the fees for selling items in other categories. I hope this helps and thank you for joining the Community! just wish they would launch more features for sellers rather than spending all their funding on curation stuff 4 joeharrisbeard 2 yr. ago Doesn't poshmark have ridiculous fees? Between fees, rolling admission and turn around time, as a new seller you may have missed the boat. Here is an overview of fees, credits, and invoices on eBay. So it is still worth using Grailed? Cons Grailed by the numbers. As such, it is important that collectors and sellers maintain products in deadstock condition so that theyre able to realize these long-term value gains., If youre reselling hypebeast-beloved streetwear and athletic brands such as Supreme, Jordan, and Yeezy as well as in-demand collaborations with musicians like Travis Scott and Justin Bieber, Cutler says that inventory will typically see high demand and will appreciate over time. Grailed is a true marketplace, meaning we dont offer a traditional SKU systembut we do have SKUs for a massive amount of in-demand sneakers, with more added regularly! I hope this helps and thank you again for joining the Community! The catalogue is similar to many competitors, and like many others only deals in brand new merchandise. Each listing package offers different levels of bundled features for a set fee. Enter the tax percentage you are charged. Its terribly misleading to potential buyers and a real shame if the cost of this service contributed to them deciding to increase their fee. When a seller sells something on Grailed, our fee is deducted within the transaction itself and then Grailed's 6% partner fee is deducted separately. Is the Grailed Authentication process good? A final value fee is charged when an item is sold where eBay takes 10% of the sold price and shipping charge combined plus Paypal fees. Is it better than nothing? grailed is easier to use for the most part and fees are either on par or lower. A bustling thoroughfare of designer goods. 2023 Digiday Media. A comparison of marketplace fees on eBay, Poshmark, Mercari, Etsy, Facebook Marketplace and more. 37 19 19 comments Best Add a Comment Whether youre paring down your closet to just the essentials, you need some extra cash, or youre making way for spring and summer style arrivals, weve rounded up the best places online to sell your clothing, footwear, and accessories. Commission and fees:If your item sells, youll earn 80 percent of the list price. Ebay has been charging a 10% fee for quite a while, and Paypal charges 2.9% + 30 cents per transaction = 12.9% + 30 cents. 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. Tax and shipping are tacked on after a purchase, and the store ships to most countries, though at a cost. 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. 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