So how does this 9% fee stack up? You're selling a trading card for $9,500 with free shipping. Growing the Grailed community to foster a . Copyright 1995-2023 eBay Inc. All Rights Reserved. Gallery Plus The catalogue is similar to many competitors, and like many others only deals in brand new merchandise. At StockX, we only accept deadstock products meaning all sneakers, apparel, accessories, collectibles, and electronics must be authentic, new, and unworn., As a general rule, the resale values of coveted deadstock items that trade on StockX tend to appreciate over time, Cutler continues. Go to your, If your rate of 'Item not as described' return requests is evaluated in your. From StockX to eBay, these online marketplaces will help turn your clothes and kicks (and more) into cash, Got Unworn Kicks and Closet Castoffs? 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. For mens athletic shoes, theres no final value fee if the pair sells for $100 or more. If this post or any other was helpful, please enrich the community by giving kudos or accepting it as a solution. Now available on Google Chrome Web Store. plus any PayPal fees. I sold an item on eBay. For comparison, StockX brought in about, EBay isnt alone in lowering selling fees as a way to bring in more customers, though it is among the only ones to completely forego selling fees for one category. On top of the fee structure, each sale invokes an additional flat region-dependent tax that ranges from $5-$30. Grailed takes a commission when your items sell. The move comes as eBay is in the midst of trying to, Sneakers are a key area for growth for eBay. But like the others, those interested in buying and selling may find the platform limiting. 1999-2023 PayPal, Inc. All rights reserved. Editors picks Poshmark Vs. eBay Vs. Depop: The Ultimate Resale Site Showdown That said, if you maintain a high seller score, deal predominantly in new sneakersthough GOAT does allow used pairs as wellthen you can potentially make money. See how it works. But how exactly do you sell clothing online? Every sneaker is in deadstock condition, meaning brand new, unworn in the original packaging. Like Flight Club, Stadium Goods lets consigners set their own prices, however works with them in order to try and match market cost. These listings count towards your monthly zero insertion fee listings. We charge two main types of selling fees: an insertion fee when you create a listing, and a final value fee when your item sells. Commission and fees:Listing fee of 20 cents, five percent transaction fee, payment processing fee of three percent plus 25 cents. Check out some of the other product series and discover how you can save time and money using DoNotPay. For other items that sell, theres a final value fee of two to 12.85 percent depending on the products category. TheGrailed authentication pagedetails what is considers a high-risk item and this certainly meets the criteria. As of now, Stadium Goods does not allow consignors to drop off streetwear, despite the fact it sells it. You make $343.17, or approximately 86% of the sale price, not including shipping costs. Then once properly authenticated, the item is shipped and the seller is paid. While Flight Club recommends prices, sellers are allowed to list their own, which means often sneakers are priced above market. Similar to Flight Club, Stadium Goods is a consigner that has a significant online presence. Enter the total amount charged for shipping to buyer. Grailed Has FAILED. - The Hundreds Welcome! 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. The amount we charge depends on the item's price, the format and category you choose for your listing, any optional listing upgrades you add, and your seller conduct and performance. Shipping is a flat fee, so prices are relatively straightforward. https://www.finalfees.com is neither endorsed by nor affiliated with any with them, nor is the accuracy of its results guaranteed. Your Guide to the Best Menswear Fashion Deals, But were not finished. 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. The Grailed marketplaceallows people to sell men's clothes, shoes, and accessories from high-end designers. The higher of the two final value fees is charged, if your item sells, Reserve price 9%. I hope this helps and thank you again for joining the Community! Grailed by the numbers. But heres the kicker; Ebay offers discounted shipping labels. Click Here To Try! my hype items never, I think its hard to sell unless you are the lowest priced. The 200 Greatest Singers of All Time Read more about our, Charged only once per listing for listings with multiple items. The Total paid into my PayPal account was $17.16 as shown. I am very sorry for any confusion this may have caused you, and the best place to look for the terms for this fee and how it is totaled would be on the service you used to sell the item. But as of Tuesday, sneakers no longer carry any selling fees for pairs sold for more than $100. It seems like no matter what the issue is with the transaction, eBay will always side with the buyer. 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. Pros And were still not done. When you set your price for an item, it should account for shipping and a 9% commission for Grailed. 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. The partner fee is the fee you're charged for "promoting" your listing on eBay. The fees for selling a vehicle on eBay Motors are different from the fees for selling items in other categories. Also, since StockX authenticates every item in-house in one of many warehouses, products can sometimes take a number of weeks to arrive, and overheard (albeit indirectly) leads to steeper costs. Cons A listing upgrade fee is charged with any additional upgrades to your listing, such as extra categories or bolded titles. Grailed is an online fasion marketplace focused on vintage, high-end, and popular street brands such as, Champion, Nike or Gucci. . How to Get Your Grailed Fees Waived Effortlessly. The fee was raised from 6% in August. Why am i paying 11 partners fee for a 36 order? Pick out what category is your Ebay store. As such, we included them separately. Each listing package offers different levels of bundled features for a set fee. Thanks in advance. Pros Again, due to a brick and mortar location and warehouse needs, Stadium Goods commands a 20 percent flat commission from every sale, sent once your sneakers have sold. Ebay takes all their fees in other ways so this is not coming from ebay and ebay directs me to paypal. If you list an item on another eBay site (for example, eBay.com.au or eBay.co.uk), the fees for that site will apply, Seller fees don't purchase exclusive rights to web pages on eBay. Is it a complete waste of time and resources for them? It's a pretty common practice for most selling services because it allows them to deduct their fee with each item sold instead of a separate billing. While Flight Club has almost every new release you may be searching for, older modelswhich are more difficult to authenticateare often not available. Cons Did you ever find an answer of why you are being charged a partner fee by ebay? Stadium Goods is a similar experience to many other platforms, offering a wide array of sneakers varying in cost due to size and demand. The move comes as eBay is in the midst of trying to take back its prominence in the world of sneaker resale. I was wondering if Grailed has a similar side with the buyer no matter what policy or if they actually value their sellers. In this situation, the total amount of the sale is determined as follows: Additional final value fees may apply on sales in the following circumstances: Any additional final value fees will be calculated as a percentage of the total amount of the sale. If you need to refund the buyer or cancel the sale, you may be eligible for fee credits as per our fee credits policy. A Reseller's Guide to Marketplace Fees - Blog.vendoo.co 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. It feels like i am going in a circle. We don't sell things, we only receive donations, yet some unknown partner is getting money that should be going to the non-profit. Good for selling: Streetwear and sneakers, celebrity collaborations, and collectibles, Popular brands:A Bathing Ape, Cactus Jack, Fear of God, Supreme. I apologize that I don't know what website you accept donations on or if they charge a fee independent from ours, but it looks like you're located in the US where our standard fee is 2.9% + $0.30 USD to receive payments. 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. For anyone who has sold clothes through a reseller, selling fees are a natural part of the process, with platforms taking a percentage of a sale, a flat fee or a tiered fee based on a sellers frequency of selling. See our pages below for more information: Every month, you get up to 250 zero insertion fee listings, or more if you have an eBay Store. I am also and have no idea why. We have helped over 300,000 people with their problems. Grailed's commission helps us maintain the marketplace to make buying and selling as easy as possible. For US domestic payments, there is a payment processing fee of 3.49% + .49 USD. Seller fees. Most categories, including Music > Vinyl Records and eBay Motors > Parts & Accessories, Automotive Tools & Supplies, and Safety & Security Accessories. Given our current sneaker climate and demand far outweighing supply, the converse is true as well. and our Grailed offers the lowest fees of any platform around at just nine percent (plus Paypal fees). For comparison, StockX brought in about $700 million last year, though that includes its other categories, which make up a smaller portion of the companys total revenue. When you create listings or sell items on an international eBay site, eBay may convert your funds to a different currency in order to collect amounts owed by you to eBay, or to payout funds due to you. 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.). 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. Selling fees | eBay The platform announced the change less than 24 hours before it was implemented. 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. 2 4 4 comments Best Add a Comment Commission and fees:If your item sells, youll earn 80 percent of the list price. I hope this helps and thank you for joining the Community! I agree that Paypal protection can be one sided. *2022 Update*As of January 19, 2022, Ebay has reinstated a final value fee for sneakers. All Rights Reserved. Home cleaning often comes with the realization that youve amassed way too much stuff including in your wardrobe. You've already used your allocation of zero insertion fee listings this month, and your seller account is meeting our performance expectations at the time your item sells. If your registered address is in the US, the seller currency conversion charge applied and retained by eBay is 3%. Grailed - Paypal It seems like no matter what the issue is with the transaction, eBay will always side with the buyer. Stock is limited to the product pages and catalogues the company has uploaded, meaning rare or highly specific product may be unavailable. GRAILED COMMISSION FEE 9% The Grailed Commission fee is applicable to domestic and international transactions. Competing on selling fees is also important since eBay does not compete with other resellers on authentication. In an attempt to explain the increase, Grailed stated that they have been spending a lot of money on authenticating items, and that they will be investing further in improving the site for sellers. How does eBay compare to Grailed? : r/Grailed - Reddit Those below pay on a sliding scale, with the highest fees reaching 20 percent. All Rights Reserved. First 250 listings free per month, then $0.35 per listing, Music (except VinylRecordsand Music NFTs categories), Clothing, Shoes & Accessories > Women > Women's Bags & Handbags, Jewelry & Watches (except Watches, Parts & Accessories), Jewelry & Watches > Watches, Parts & Accessories, Sports Mem, Cards & Fan Shop > Sports Trading Cards > Sport Trading Card NFTs, Toys & Hobbies > Collectible Card Games > CCG NFTs, Musical Instruments & Gear > Guitars & Basses.
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