eBay is an online marketplace where users buy and sell products. 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. According to the website, a grail is "the piece you obsess over but cannot ever find or afford." Flight Club operates under a traditional consignment model. Sneaker prices vary by size, with the lowest price available for any given size listed first, with more expensive options for those who want sneakers as quickly as possible. A comparison of marketplace fees on eBay, Poshmark, Mercari, Etsy, Facebook Marketplace and more. These platforms have invested heavily in expanding their internal authentication teams, citing consumer trust as a valuable asset to cultivate. Tip Fortunately, selling fees on Grailed are slightly lower than many other large selling sites such as eBay. Those below pay on a sliding scale, with the highest fees reaching 20 percent. 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. Graileds 9% + 2.9% and 30 cent Paypal fee equates to 11.9% + 30 cents. 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. Getting paid:Once your item sells, youll receive payment through PayPal. PayPal fees are then added to that. While Flight Club recommends prices, sellers are allowed to list their own, which means often sneakers are priced above market. Grailed mostly only sell luxury. How it works: Sellers are responsible for all listing details, including descriptions and photographs. Most categories, including Music > Vinyl Records and eBay Motors > Parts & Accessories, Automotive Tools & Supplies, and Safety & Security Accessories. Grailed's commission helps us maintain the marketplace to make buying and selling as easy as possible. I do best on Ebay. 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. Between raffles, bots and surprise drop dates, managing to score the sneakers you actually want is more difficult than ever. 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. Plus, StockX physically authenticates every pair of shoes that gets sold on the platform. Thanks in advance. 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. Pros The move comes as eBay is in the midst of trying to, Sneakers are a key area for growth for eBay. Sneakers are having a moment and are a top enthusiast category on the marketplace: on average, a pair of shoes is purchased on eBay every 1.5 seconds, Chan said. Real Estate listings can be auction-style, fixed price, or in the Classified Ad format. Sit back and relax while we do the work. till you get on grailedyou just wait. Cons 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. After the center verifies the item, your funds are released and are available as Credits. In order to cash out, an additional 2.9 percent fee is applied, meaning in order for you funds to hit you bank or PayPal account theres a minimum 12.4 percent fee plus an additional $5 minimum charge. Grailed is currently made up of four marketplaces. So if you take the Sold price - Shipping (Grailed Label) - Grailed Fee - Paypal Fee = $434.09 Your ultimate amount released to your Paypal Account. Browse the most sought after Ebay clothing including Short Sleeve T-Shirts, Light Jackets, Hats, & more. Seller fees. Ebay is the most obvious competitor to compare against. The delivery address for the item (entered by the buyer during checkout) is outside the US, The buyer's registered address is outside the US (regardless of the delivery address for the item), If you use supplemental services, such as buying and printing, Sellers may be invoiced for fees under certain circumstances, The fees on this page apply to listings on eBay.com. Pros 9%. Between fees, prices, the ability to purchase slightly worn shoes for well below their going rate, no other site compares. Pros Cons Create an account to follow your favorite communities and start taking part in conversations. just sit. Whatever percentage you'd agreed to when deciding to promote your listing. Most of my sales are on ebay and luxury (like saint laurent) and hype (supreme) does best there. The retail experience is relatively straightforward and all items are authenticated in-house at one of StockX's warehouses around the world. Once rivals in the space, early last year GOAT and consignment shop Flight Club merged into one company. Getting paid:Once your sold item is successfully verified by StockXs authentication staff, you can get paid in as soon as 30 minutes if you choose PayPal as your preferred payment method or in a few hours if you choose Venmo. Both platforms allow people to buy and sell high-demand items such as streetwear and sneakers, but they differ in user interface, audience, commission rates, and fees, to name a few. . Is it a complete waste of time and resources for them? Charged whether or not your item sells. 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. Send us a tip using our anonymous form. 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. PirateShipis our suggestion, and they make it easy to ship with USPS or UPS. For those looking for cheap footwear options or shoes below market, GOAT can be difficult. 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. You make $343.17, or approximately 86% of the sale price, not including shipping costs. Commission and selling fees:For sellers listing 200 items or less, eBay does not charge an insertion or listing fee. Lastly, our offer system allows you to directly negotiate with a seller to work towards an ideal price. If so, should I still have to worry about paying my eBay seller fees? Pick out what category is your Ebay store. The 100 Best Albums of 2022. You can now calculate hundreds of your sold listings in a heartbeat with all the eBay & Paypal fees without having to do a thing! They do not make it clear what percentage of items are reviewed by humans, or how they determine which items to tag Digitally Authenticated, but they do claim every item is reviewed. Once youre approved, GOAT assigns each seller a seller score, which begins at 90. It will have seven more mystery drops daily starting on Thursday. As Flight Club is a true consignor, you are only paid once your sneakers sell. . For those in the New York area, selling requires almost no overhead and is very straightforward. Check out some of the other product series and discover how you can save time and money using DoNotPay. Thats less than half a percent difference, in favor of Grailed. Worth noting, on any site your likelihood of being scammed increases if you're selling hype items that appeal to a younger audience. 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. But, trust us, theres a reason behind the blatant bias and ego. 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. Absolutely. Even though I've listed items plenty of times, I still make mistakes. See how it works. help me please as this does not seem right. You've already used your allocation of zero insertion fee listings this month. Sneaker resellers have more options than ever and between consignment shops and marketplaces, there are countless ways to flip sneakers. 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. 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? When a task is too time-consuming or confusing, the chances are that DoNotPay has a product for that. Consensus: While an iconic destination, Flight Club is predominantly a retail experience. I've been using Grailed since 2015 but the latest item I've sold, the fees came out to over 25% wtf. Additionally, authentication fees and duties (if you're an international shopper) can potentially add a significant price bump to any purchase. 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. Grailed is a popular marketplace that is known for menswear! Tags: jordan-brand, yeezy, adidas, nike, grailed, streetwear, resell, sneakers. 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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. For sneakers, there is no authentication process in place like the robust processes that StockX or GOAT have. If this post or any other was helpful, please enrich the community by giving kudos or accepting it as a solution. Curious where everyone sells and what, I'm looking to get into other platforms. With their new Managed Payments format, that number will now be 12.35% + 30 cents. EDIT: To clarify, I'm only selling new, unused products. As such, we included them separately. We do not sell items on paypaal, or paypal doe not do any advertisement for our items or no other paypal partner works for us. GRAILED COMMISSION FEE 9% The Grailed Commission fee is applicable to domestic and international transactions. For that reason, there are other better alternatives. Privacy Policy. 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 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. How to Get Your Grailed Fees Waived Effortlessly. Youll get paid through PayPal and use the payment platform to print a shipping label. Good for selling:Vintage and new clothing, sneakers, collectibles, music memorabilia, Popular brands:Jordan, Yeezy, Nike, Adidas, New Balance. 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 . 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. I was wondering if Grailed has a similar side with the buyer no matter what policy or if they actually value their sellers. How can i find who is taking this money out of my account. How it works: Sellers list sneakers that they want to sell via consignment through Stadium Goods Seller Portal. 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. Cookie Notice All you have to do is connect with your eBay account and that's it. 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. For each time a transaction is made grailed takes a 9% commission of the sold price plus Paypal fees. 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. You can enhance your listings to help make them stand out by adding certain features, such as a subtitle, or bold font. While this is a huge disappointment, there is no additional Paypal fee, so the 8% fee is about 3% less than the fee youll pay for selling on Grailed. 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 listing high-quality goods that are coveted. * 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. I sold an item on 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. Ebay takes all their fees in other ways so this is not coming from ebay and ebay directs me to paypal. eBay's selling fees are dependent upon your membership, your store status (subscription), the item, and the payment method, but they might include an insertion fee . Pros Heres another we randomly came across, nearly a year after this article was originally written. A bustling thoroughfare of designer goods. 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.). By accepting all cookies, you agree to our use of cookies to deliver and maintain our services and site, improve the quality of Reddit, personalize Reddit content and advertising, and measure the effectiveness of advertising. 1999-2023 PayPal, Inc. All rights reserved. As competition between all those players heats up, removing selling fees entirely is one way the company is looking to get back on top and stimulate its own internal sneaker economy. For more information, please see our eBay offers competitive selling fees. First, potential sellers must apply in order to list items on the website. GOAT is significantly more complex for sellers than other platforms. Enter the total amount charged for shipping to buyer. That's less than half a percent difference, in favor of Grailed. It seems like no matter what the issue is with the transaction, eBay will always side with the buyer. Getting paid:Payments through direct deposit or PayPal are subject to a 2.9 percent cash out fee. For example, if your registered address is in the US and you create a listing on eBay.de for which fees are due (such as insertion and/or optional listing upgrade fees), eBay will convert your funds from USD to EUR using the transaction exchange rate applicable at the time of listing, in order to collect these fees. For sellers, Grailed feeshave gone up to 9%. How it works: StockX works as a live marketplace where buyers place a Bid to dictate the maximum amount theyre willing to pay for a product, and sellers list items with an auction-style Ask price or a flat-rate Sell Now price. Click Here To Try It NowClick Here For Tutorial. One of the first sneaker consignment shops, Flight Club transformed from a simple retailer to a powerful online sneaker buying and selling platform. Related Stories This means it is most likely that your fees will be higher when selling on Grailed than on Ebay once you account for shipping. Getting paid:Etsys secure payment system allows sellers to accept credit and debit cards, Apple Pay, Etsy gift cards, Google Wallet, and PayPal. The fee was raised from 6% in August. Do you know who does not physically authenticate ANY items? Welcome! Enter the tax percentage you are charged. If you're in China, Hong Kong, Indonesia, Israel, Japan, Macau, Malaysia, Philippines, Singapore, Taiwan, Thailand, or Vietnam and your item isn't located in the US, the total amount of the sale is always calculated based on the shipping option your buyer chooses. We hate to say it, but if youre looking to buy or sell rare or vintage sneakers, theres no better place than Grailed. GOAT focuses exclusively on footwear, predominantly recent drops and noteworthy collaborations. StockX acts as the middleman, meaning once your sneakers sell and you ship them to a StockX warehouse you are paid out. If you love high-end designer men's fashion but thought you couldn't afford it, then Grailed is the place for you. . 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. Reserve price in select Business & Industrial categories: International site visibility for auction-style listings, International site visibility for fixed price listings. 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. Do not waste your time searching for solutions when DoNotPay has you covered without all the work. EBay typically charges around 10% of the items sale value, with variations based on the product sold and the sellers account tier. But eBay, in a play to siphon sellers from other players in the sneaker resale space, has dropped selling fees for sneakers entirely. https://www.finalfees.com is neither endorsed by nor affiliated with any with them, nor is the accuracy of its results guaranteed. If you offer 1-day or international shipping as well as a cheaper or free option (like domestic shipping), the total amount of the sale is calculated based on the cheapest domestic option you offer. 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. The catalogue is similar to many competitors, and like many others only deals in brand new merchandise. 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. 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. Fees: Grailed takes 6 percent as a commission. Paypal already charges 2% fee and on top of it charge another fee under title of "partner fee". Pros eBay Cracks Down on Sneaker Counterfeits With Authenticity Guarantee Program Editors picks I was wondering if Grailed has a similar side with the buyer no matter what policy or if they actually value their sellers. Pros If you have already completed the transaction, you can contact customer service and request the fee be refunded. 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. This fee is calculated as a percentage of the total amount of the sale, plus $0.30 per order. The Total paid into my PayPal account was $17.16 as shown. It's absolutely terrible for the seller. Partner fees are seller fees assessed by the website an item is sold from and are not part of the fees for using our services to receive money. Pay, shop, and do even more on the PayPal app. The first thing you should know is that Grailed does not personally inspect any items. 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. For anyone not in the New York area, Stadium Goods requires you to set up a seller profile and communicate online with its internal sales team, creating a bar to entry. 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. The Fight and Waive Fees product is just one of the many products DoNotPay offers that will save you time and money. 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. Pros So it is still worth using Grailed? While technically one entity, each still operates independently and are seemingly autonomous. Note: If your account isn't meeting our minimum seller performance standards and you're rated Very High in your rate of 'Item not as described' return requests, you'll only be charged the additional final value fee for not meeting our minimum seller performance standards. What separates eBay from other sellers is our strong partnerships with other brands. Commission and fees:If your item sells, youll earn 80 percent of the list price. Cons Select the merchant you want to appeal fees for and enter the details of your transaction, including an associated account if you have one. 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! Cons 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. The short explanation is: both eBay fees and Mercari fees are roughly 13 percent. All that said, I doubt Grailed actually offers their own 'protection' in many cases, if at all. Did you ever find an answer of why you are being charged a partner fee by ebay? 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. For listing mainstream brands that are well-known. You can now import hundreds of your sold listings in a heartbeat with all the fees & profits without having to do a thing! Consensus: From a buyers perspective, GOAT is great. 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. Pros I need some help please. Final value fee (13.25% of $7,500, + 2.35% of $2,570, + $0.30). There are a lot of optionsthough primarily newer releases and ultra-expensive grailsand buying is very straightforward, tax is even included! There are no fees for shopping or buying on Grailed. Buying sneakersnew or otherwisecan be a challenge. Here is a listing we came across when it was first listed. Sneakers are a key area for growth for eBay. In order to sell, a user must fill out a sell form by finding the product and listing it on the website. Get news and analysis about fashion, beauty and culture delivered to your inbox every morning. Well discuss authentication in detail below, and we dont have any new major seller features yet. So, if you, Charged for the original listing and each time you choose to relist your item, Charged per listing if you create duplicate auction-style listings for identical items. - 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. Insertion fees for Classified Ads are $9.95 for a 30-day listing and there are no final value fees. But were not finished. Press J to jump to the feed. Sneakers are a key area for growth for eBay. There are no fees for shopping or buying on Grailed. GOAT is an online only sneaker site that sells both new and lightly used sneakers. The platform uses PayPal to process payments, so you will have to pay a PayPal seller's feeas well. *2022 Update*As of January 19, 2022, Ebay has reinstated a final value fee for sneakers. Thats why its important to choose the right resale website for selling your clothes and accessories online. Home cleaning often comes with the realization that youve amassed way too much stuff including in your wardrobe. By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. 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. Date founded. This does not make any sense. The only true sneaker marketplace, you can communicate directly with your potential buyer, inducting them into the Grailed community. Tax and shipping are tacked on after a purchase, and the store ships to most countries, though at a cost. Once you actually sell an item, GOAT (like StockX) sends you a prepaid shipping label to send the sneakers to an authentication center. Why am i paying 11 partners fee for a 36 order? Grailed's 9% + 2.9% and 30 cent Paypal fee equates to 11.9% + 30 cents. Fee amounts are based on the terms in effect when the listing goes live and when it renews. Of course there would also be the operation cost of investigating the case themselves. The fees and benefits vary depending on the type of Store subscription you choose. There are many online marketplaces. 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. For its service, Flight Club charges a 20 percent flat rate fee on every pair of sneakers solda hefty price compared to competitors. 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. Commission and fees:GOATs commission fees range from 9.5 percent to 25 percent, plus a seller fee between $5 to $30, depending on your location and address. Grailed is an online fasion marketplace focused on vintage, high-end, and popular street brands such as, Champion, Nike or Gucci.
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