Grailed's 9% + 2.9% and 30 cent Paypal fee equates to 11.9% + 30 cents. 9%. Charged per listing and per category. 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. https://www.finalfees.com is neither endorsed by nor affiliated with any with them, nor is the accuracy of its results guaranteed. That's less than half a percent difference, in favor of Grailed. EDIT: To clarify, I'm only selling new, unused products. For more information, please see our On top of the fee structure, each sale invokes an additional flat region-dependent tax that ranges from $5-$30. Date founded. These listings count towards your monthly zero insertion fee listings. For listing mainstream brands that are well-known. If you compare them, you are sure to find one that has a more agreeable seller's fee. How to Get Your Grailed Fees Waived Effortlessly. the more you sell, the less you pay. 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. If so, should I still have to worry about paying my eBay seller fees? Pay, shop, and do even more on the PayPal app. For Sneakers over $100 in value, the fee is 8%. Sneaker resellers have more options than ever and between consignment shops and marketplaces, there are countless ways to flip sneakers. The first thing you should know is that Grailed does not personally inspect any items. The total amount of the sale is $10,070 (includes 6% sales tax). 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. 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'? Cookie Notice But were not finished. Thank you so much for joining thePayPal Community, and I'm so sorry that the community was not able to answer your question. eBay has 3 types of fees: Final Value Fee, Insertion Fee and Listing Upgrade Fee. The fee was raised from 6% in August. Ebay takes all their fees in other ways so this is not coming from ebay and ebay directs me to paypal. eBay's transaction exchange rate is composed of a base exchange rate plus a conversion charge. 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. For sneakers, there is no authentication process in place like the robust processes that StockX or GOAT have. PirateShipis our suggestion, and they make it easy to ship with USPS or UPS. 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. Final value fee (13.25% of $7,500, + 2.35% of $2,570, + $0.30). Between fees, rolling admission and turn around time, as a new seller you may have missed the boat. Lets start with the obvious, that 9% fee. Reserve price in select Business & Industrial categories: International site visibility for auction-style listings, International site visibility for fixed price listings. Maybe. For international payments, there is a payment processing fee of 4.99% + .49 USD. Cons Selling on Mercari vs. Selling on eBay - Vendoo EBay typically charges around 10% of the items sale value, with variations based on the product sold and the sellers account tier. Getting paid:Payments through direct deposit or PayPal are subject to a 2.9 percent cash out fee. 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 1995-2023 eBay Inc. All Rights Reserved. Like Flight Club, Stadium Goods lets consigners set their own prices, however works with them in order to try and match market cost. PayPal's seller's fee varies and is based on the location of the buyer's billing address. Grailed is a popular marketplace that is known for menswear! 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. Fees are different for Store subscribers and for selling vehicles. 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. 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. PayPal fees for transactions within the United States are 2.9 percent plus $0.30 per transaction, while. The bran will store your shoes and sell them on your behalf on its website, retail stores, or other sales channels. You're selling the latest version of a smartphone in used condition using a 10-day duration. . Grailed Paypal Fee Calculator & Spreadsheet - FinalFees 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). Click Here To Try! 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 . E-bay will pull their fees when they invoice me at the end of the month. Plus, StockX physically authenticates every pair of shoes that gets sold on the platform. Cons Popular brands:Nike, Louis Vuitton, Visvim, Levis, Raf Simons, Good for selling:Luxury menswear, streetwear, and sneakers. All you have to do is connect with your eBay account and that's it. Grailed takes a commission when your items sell. 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. Similar to Flight Club, Stadium Goods is a consigner that has a significant online presence. It seems like no matter what the issue is with the transaction, eBay will always side with the buyer. A Reseller's Guide to Marketplace Fees - Blog.vendoo.co Pick out what category is your Ebay store. Sit back and relax while we do the work. But, trust us, theres a reason behind the blatant bias and ego. Learn more about how zero insertion fee listings work, including the terms and exclusions for those listings. 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 . Select the payment method you received based on buyer's location. 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. 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. But, if you are willing/can afford losing an item, it's useful for a few extra sales imo. In both cases, you're eligible for Paypal protection, which is what you seem to have an issue with. 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.. 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. For those in the New York area, selling requires almost no overhead and is very straightforward. 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. 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. Sold an item for 220 bucks - they charged tax (automatically not something I asked for) and the partner fee was 50 bucks. Grailed Fees Anyone else flabbergasted at Grailed's fees now? I hope this helps and thank you for joining the Community! The move comes as eBay is in the midst of trying to, Sneakers are a key area for growth for eBay. So how do we know who this partner is? 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. Welcome! I hope this helps and thank you again for joining the Community! However, you can also use a third-party shipping site to get the discounted rate, regardless of whether you sell on Ebay or Grailed. For buyers it is straightforward, however for sellers the high commission can eat away at profits. How does eBay compare to Grailed? : r/Grailed - Reddit For those that sell on other platforms, what does best on grailed? Partner Fees?! : r/Grailed - Reddit First, potential sellers must apply in order to list items on the website. 20% difference. Good for selling:Vintage items (including clothing, accessories, and music memorabilia), handmade goods, and craft supplies. 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. 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. While Ebay has its own flaws, Grailed no longer offers any real advantage to sellers since raising the Grailed fee. Sellers also like using StockX because it offers anonymity, and they can sell to buyers in over 200 countries and territories around the world. Commission and fees:If your item sells, youll earn 80 percent of the list price. All rights reserved. The item was purchased for $25 and the partner fee was $2.00. Related Stories Absolutely. To attract the attention of more buyers, you add the Bold listing upgrade. 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. 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. plus any PayPal fees. 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. Whats great about the resale platform is that it offers real-time pricing data and buyers can see the price history of specific items. Do you have an eBay Store or want to sell vehicles? The platform uses PayPal to process payments, so you will have to pay a PayPal seller's feeas well. If you're being charged a partner fee in addition to our fee, then you would need to review the terms and services of what website you use to promote your non-profit organization. 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. Select Others if not listed. 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. 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. You make $343.17, or approximately 86% of the sale price, not including shipping costs. Still, in terms of depth and variety, no one holds a candle to us. 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. There is not much chance the fee will be waived using any method. Free for listings in the Art, Antiques, Collectibles, and Pottery & Glass categories, An insertion fee is always charged for the second category, and fees for any optional listing upgrades apply again. You make $8,441.20, or approximately 89% of the sale price, not including shipping costs. Applications are accepted on a rolling basis and can take days to be processed. As of now, Stadium Goods does not allow consignors to drop off streetwear, despite the fact it sells it. 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. There is even a petition on Change.org to reduce the fee to 7.5%. See how it works. Shipping is a flat fee, so prices are relatively straightforward. You select a starting price of $199, with a Buy It Now price of $400, and you offer free shipping. It seems like no matter what the issue is with the transaction, eBay will always side with the buyer. Flight Club only deals in new sneakers. 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. The platform announced the change less than 24 hours before it was implemented. An example of a partner fee would be the website Grailed who currently charges a 6% fee for sales on their website. A bustling thoroughfare of designer goods. From StockX to eBay, these online marketplaces will help turn your clothes and kicks (and more) into cash, Got Unworn Kicks and Closet Castoffs? Grailed claims to offer their own protection which I have yet to hear any testimonials about, just constant copy pasta from Grailed staff. The fees for these optional listing upgrades vary depending on your item's price and the listing format and duration. For those looking for cheap footwear options or shoes below market, GOAT can be difficult. 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 - Paypal Grailed Fees : r/Grailed - reddit Free for many users to make an account, Grailed offers low fees for sellers. 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 charge one final value fee when your item sells, and you don't have to worry about third-party payment processing fees. 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. Why am i paying 11 partners fee for a 36 order? EBay drops all sneaker selling fees to compete with GOAT, StockX How to Get Your Grailed Fees Waived Now [98% Success] Insane. 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.). 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. A listing upgrade fee is charged with any additional upgrades to your listing, such as extra categories or bolded titles. Pros 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. If you want to sell on Grailed, there is a 9% seller's fee. Real Estate listings can be auction-style, fixed price, or in the Classified Ad format. 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! Okay, we knowwere putting ourselves at the top of the list. eBay is an online marketplace where users buy and sell products. Payments are deposited directly into your bank account. Copyright 2023 Penske Business Media, LLC. That said, if youre looking to enter the resell game, GOAT may prove difficult. Thats right, Grailed. This does not make any sense. Its terribly misleading to potential buyers and a real shame if the cost of this service contributed to them deciding to increase their fee. These Anti-Fatigue Mats Will Cushion and Support Your Feet, Another (Celine) Portrait: See Bob Dylan in Fashion Brand's Latest 'Performer' Series, The Best Wireless Range Extenders to Use (and How They Work), Outdoor Buds: These Fully Waterproof Workout Earbuds Are Just $30, The National Stay Up Late to Perform 'Tropic Morning News' on Fallon, David Lindley, Multi-Instrumentalist Who Shaped the Sound of Soft Rock, Dead at 78, Suki Waterhouse Won't Take Romance for Granted on New Single 'To Love', Travis Barker Says His Finger Ligament Surgery Was a 'Success' After Postponing Blink-182 Tour. Flight Club operates under a traditional consignment model. Browse the most sought after Ebay clothing including Short Sleeve T-Shirts, Light Jackets, Hats, & more. 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. Did you ever find an answer of why you are being charged a partner fee by ebay? 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. Newly Improved Ebay & Etsy Import System. GOAT focuses exclusively on footwear, predominantly recent drops and noteworthy collaborations. Unfortunate. I wonder how these made it through the filter if every item is reviewed? 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 Best Alternatives for Depop (2022) - SellerAider 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. We've outlined the differences below. eBay is an online marketplace where users buy and sell products. Thats less than half a percent difference, in favor of Grailed. 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. The conversion charge is a fixed percentage applied to the base exchange rate and retained by eBay. A partner fee is different from the PayPal fee for using our services to receive payments and will usually say in the transaction details. 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 . How come. no need to bend over backwards when you loose out on your item and money. 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. Cons grailed is easier to use for the most part and fees are either on par or lower. Fees for Real Estate listings include an insertion fee, a notice fee, and fees for any optional listing upgrades you choose. What is Grailed's commission fee used for? Another (Celine) Portrait: See Bob Dylan in Fashion Brand's Latest 'Performer' Series. For example, while eBay charges around 10% commission, Grailed's selling fees are only 9%, saving you a little money on each sale. However, with the new update, items sold after March 1, 2022, are now 12.9% + $0.30 for every order on most categories. How it works: Sellers list sneakers that they want to sell via consignment through Stadium Goods Seller Portal. Grailed puts your grail within reach. The website offers a traditional retail experience, with worldwide shipping and simple buying mechanics, search functionality and so forth. Many Grailed users are very upset about the fee increase and want to know how to fight or waive the fee. 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. Kidizen Selling Fees: Kidizen selling fees are 12% + $0.50 of the sale price. These platforms have invested heavily in expanding their internal authentication teams, citing consumer trust as a valuable asset to cultivate. Pros Now available on Google Chrome Web Store. 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. For those searching for mainstream new or lightly used sneakers, GOAT is a solid place to buy. What are the seller fees? 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. 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. Given our current sneaker climate and demand far outweighing supply, the converse is true as well. Each sale henceforth affects your score, with 2 points added for a successful sale and 10 points deducted for a poor sale. Enter the tax percentage you are charged. https://www.finalfees.com is neither endorsed by nor affiliated with any with them, nor is the accuracy of its results guaranteed. Pros The item sells immediately for the Buy It Now price of $400. 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. The main reason users are so upset is because they feel like there was no warning. We have come across some oddities which are cause for concern. The catalogue is similar to many competitors, and like many others only deals in brand new merchandise. Newly Improved Ebay & Etsy Import System. Growing the Grailed community to foster a . 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. What are the fees? - Grailed
grailed fees vs ebay fees