grailed fees vs ebay fees

Flight Club only deals in new sneakers. For buyers it is straightforward, however for sellers the high commission can eat away at profits. 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. Enter the total amount sold before fees & excluding shipping charges. For listing mainstream brands that are well-known. 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. Depending on your method of shipping, USPS labels will usually cost you about 15-40% less than what youll be paying if you purchase a label through Paypal. For popular sneakers, they almost always have stock. Search "appeal fees" on DoNotPay, choose the Fight and Waive Fees product, and select the type of fee you want to appeal. The Total paid into my PayPal account was $17.16 as shown. 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. If you have already completed the transaction, you can contact customer service and request the fee be refunded. Then once properly authenticated, the item is shipped and the seller is paid. Commission and fees:If your item sells, youll earn 80 percent of the list price. That said, higher fees and longer wait times make selling on StockX a longer process than competitors. 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. If there is a good reason for the request, you may be able to get a refund. But were not finished. Commission and selling fees: Three percent processing fee plus a transaction fee of eight to nine-and-a-half percent, depending on the items final sale price. I was wondering if Grailed has a similar side with the buyer no matter what policy or if they actually value their sellers. 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. There are no fees for shopping or buying on Grailed. The site offers almost zero protection and all fraud cases are first worked through PayPal. By looking at our internal data, we believed this to be the optimal number to entice more sellers, knowing they will be able to sell at a faster rate while continuing to make a profit, and also offer buyers the pieces they desire at an attractive price, Bittner said, noting that sales of lower-priced items nearly tripled after the change was enacted. The total amount of the sale includes the item price, any handling charges, the shipping service the buyer selects, sales tax, and any other applicable fees. Privacy Policy. We charge one final value fee when your item sells, and you don't have to worry about third-party payment processing fees. How it works:Prospective sellers need to fill out an application through GOATs app. It's absolutely terrible for the seller. Etsy also offers tools to help sellers manage and promote their online businesses, and Etsy lets you take advantage of shipping discounts. Unlike other websites, GOAT functions differently as it is predominantly geared towards buyers. Here's how you can use DoNotPayto appeal fees: Saving time and money has never been so quick and easy. Create an account to follow your favorite communities and start taking part in conversations. By browsing this website, you consent to the use of cookies. I says to find it in orders/ebay and it's not there, not hing i can find and any questions regarding this Partner fee directs me to this answer. Auto-suggest helps you quickly narrow down your search results by suggesting possible matches as you type. The catalogue is similar to many competitors, and like many others only deals in brand new merchandise. While the fees are a terrible deal for sellers, the lack of protection is bad for victims of fraud. Please note that for international payments processed through PayPal, the payment processing fee may vary based on the location of the buyer's PayPal billing address. Gallery Plus Curious where everyone sells and what, I'm looking to get into other platforms. The seller has subsequently added some real photos, but the listing was posted and remained authenticated for two weeks while it only had the stock photos. Select Clothing, Shoes & Accessories categories: Free if starting price is $150 or more* - See: Notes for Basic fees. 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. Each sale henceforth affects your score, with 2 points added for a successful sale and 10 points deducted for a poor sale. and our eBay is an online marketplace where users buy and sell products. You can use the Classified Ad format in the following categories: You can also use Classified Ads for selling Real Estate, but the fees are different see below for more information. The partner fee is the fee you're charged for "promoting" your listing on eBay. It was raised on August 12th, 2020 from 6%. 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. 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. How it works: Sellers are responsible for all listing details, including descriptions and photographs. Its terribly misleading to potential buyers and a real shame if the cost of this service contributed to them deciding to increase their fee. The website offers a traditional retail experience, with worldwide shipping and simple buying mechanics, search functionality and so forth. If your category is not listed this means no additional deduction is given. Enter the tax percentage you are charged. Commission rate. For example, while eBay charges around 10% commission, Grailed's selling fees are only 9%, saving you a little money on each sale. This fee is calculated as a percentage of the total amount of the sale, plus $0.30 per order. These platforms have invested heavily in expanding their internal authentication teams, citing consumer trust as a valuable asset to cultivate. Is the partner fee basically the eBay fees when an item sells? It seems like no matter what the issue is with the transaction, eBay will always side with the buyer. till you get on grailedyou just wait. The move comes as eBay is in the midst of trying to, Sneakers are a key area for growth for eBay. You are meeting our performance expectations. Commission and selling fees:For sellers listing 200 items or less, eBay does not charge an insertion or listing fee. Deduction on ebay fee for outstanding seller levels and performance. 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. grailed is easier to use for the most part and fees are either on par or lower. After being the original spot that both collectors and flippers turned to to buy and sell coveted sneakers, eBay became just one of many in the space after platforms like GOAT, StockX and Grailed entered the market. To support this change and bring more attention to its sneaker category, eBay began dropping a new colorway of the Yeezy 700 for below the retail price every day since Tuesday. You can enhance your listings to help make them stand out by adding certain features, such as a subtitle, or bold font. Cons Its up to you to determine whether to continue selling at one or both sites, but we have made made our argument and we rest our case. This is just speculation, but I'm guessing they'd pay out of their own pocket if they disagree with paypal in a case. Real Estate listings can be auction-style, fixed price, or in the Classified Ad format. The move comes as eBay is in the midst of trying to take back its prominence in the world of sneaker resale. Newly Improved Ebay & Etsy Import System. 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. For sellers, Grailed feeshave gone up to 9%. All of the products offered by DoNotPaywill save your time and money wherever you are and wherever you do business. If you purchase an independently reviewed product or service through a link on our website, Rolling Stone may receive an affiliate commission. Applications are accepted on a rolling basis and can take days to be processed. The fees for these optional listing upgrades vary depending on your item's price and the listing format and duration. Once you actually sell an item, GOAT (like StockX) sends you a prepaid shipping label to send the sneakers to an authentication center. 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. Lastly, our offer system allows you to directly negotiate with a seller to work towards an ideal price. And were still not done. 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. After you drop off your sneakers, Flight Club handles the rest as you sit back and get paid. This is a huge advantage for Ebay over Grailed. This does not make any sense. Getting paid:Some of the most common payment methods include PayPal, credit or debit cards, and Apple and Google Pay. Do you know who does not physically authenticate ANY items? Grailed is an online fasion marketplace focused on vintage, high-end, and popular street brands such as, Champion, Nike or Gucci. Sellers also like using StockX because it offers anonymity, and they can sell to buyers in over 200 countries and territories around the world. What is Grailed's commission fee used for? From StockX to eBay, these online marketplaces will help turn your clothes and kicks (and more) into cash, Got Unworn Kicks and Closet Castoffs? 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. 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. It feels like i am going in a circle. PirateShipis our suggestion, and they make it easy to ship with USPS or UPS. The first thing you should know is that Grailed does not personally inspect any items. Pros eBay offers competitive selling fees. Cons I am scared to list half my inventory because of scammers and eBay's policies. Youll get paid through PayPal and use the payment platform to print a shipping label. 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. While Flight Club has almost every new release you may be searching for, older modelswhich are more difficult to authenticateare often not available. Grailedhas recently faced some backlash from users after raising their fee / commission to 9%. 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. Getting paid:Payments through direct deposit or PayPal are subject to a 2.9 percent cash out fee. Insane. Once rivals in the space, early last year GOAT and consignment shop Flight Club merged into one company. Getting paid:Etsys secure payment system allows sellers to accept credit and debit cards, Apple Pay, Etsy gift cards, Google Wallet, and PayPal. 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. Grailed's 9% + 2.9% and 30 cent Paypal fee equates to 11.9% + 30 cents. 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. New to the community? For more information, please see our For select categories, eBay also allows online escrow services, checks, money orders, and bank-to-bank transfers. Grailed commission fees Post any item for free. Another (Celine) Portrait: See Bob Dylan in Fashion Brand's Latest 'Performer' Series. If so, should I still have to worry about paying my eBay seller fees? There are many online marketplaces. Grailed mostly only sell luxury. Beyond the most recent drops, vintage models such as 1985 Air Jordan 1s or early 2000s Nike SB Dunkssneakers competitors either do not have or simply cannot sourceregularly appear on the platform. 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! Is it a complete waste of time and resources for them? It will have seven more mystery drops daily starting on Thursday. Tags: jordan-brand, yeezy, adidas, nike, grailed, streetwear, resell, sneakers. Click Here To Try! Final value fee (13.25% of $7,500, + 2.35% of $2,570, + $0.30). A partner fee is different from the PayPal fee for using our services to receive payments and will usually say in the transaction details. At the end of the day, its a worthless service, and the time and money would be better spent elsewhere. The Best Websites To Buy and Sell Sneakers. The conversion charge is a fixed percentage applied to the base exchange rate and retained 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. PayPal fees are then added to that. They usually view the seller as guilty until proven innocent. 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. PayPal's seller's fee varies and is based on the location of the buyer's billing address. 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. Every sneaker is in deadstock condition, meaning brand new, unworn in the original packaging. You've already used your allocation of zero insertion fee listings this month. just sit. The Grailed marketplaceallows people to sell men's clothes, shoes, and accessories from high-end designers. Thank you so much for joining thePayPal Community, and I'm so sorry that the community was not able to answer your question. Copyright 2023 Penske Business Media, LLC. EDIT: To clarify, I'm only selling new, unused products. When a task is too time-consuming or confusing, the chances are that DoNotPay has a product for that. eBay has 3 types of fees: Final Value Fee, Insertion Fee and Listing Upgrade Fee. For listing highly anticipated new releases. All you have to do is connect with your eBay account and that's it. Upgrades you have selected for your listing. Flight Club is a true retailer, and since all product is onsite in either a store or a warehouse, turnaround times are quick. 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. What is a partner fee? 20% difference. This means it is most likely that your fees will be higher when selling on Grailed than on Ebay once you account for shipping. Grailed claims to offer their own protection which I have yet to hear any testimonials about, just constant copy pasta from Grailed staff. Prices are generally fairhigher than other sites, thoughand the shopping process is relatively simple, granted the stock system is at times convoluted. An order is defined as any number of items purchased by the same buyer at checkout with the same shipping method. eBay's transaction exchange rate is composed of a base exchange rate plus a conversion charge. That said, some sites work better than others. An example of a partner fee would be the website Grailed who currently charges a 6% fee for sales on their website. While we are adding product categories everyday, the majority of products are spread across multiple listings rather than all located under one landing page. Charged per listing and per category. Something went wrong. Unfortunately not all sellers are as reliable as others, and it can be difficult to communicate with a seller once you have purchased a listing. For those searching for mainstream new or lightly used sneakers, GOAT is a solid place to buy. An avenue for Grailed users to ask each other questions, offer tips for buying and selling, share steals, discuss favorite purchases, and build the community. 9%. We've outlined the differences below. The platform uses PayPal to process payments, so you will have to pay a PayPal seller's feeas well. As of now, Stadium Goods does not allow consignors to drop off streetwear, despite the fact it sells it. An example of a partner fee would be the website Grailed who currently charges a 6% fee for sales on their website.