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. 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. We don't sell things, we only receive donations, yet some unknown partner is getting money that should be going to the non-profit. Commission and fees:If your item sells, youll earn 80 percent of the list price. If this post or any other was helpful, please enrich the community by giving kudos or accepting it as a solution. 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. If you're a registered 501(c)(3) non-profit, then our fee is2.2% + $0.30 per transaction. I hope this helps and thank you again for joining the Community! Tax and shipping are tacked on after a purchase, and the store ships to most countries, though at a cost. Those below pay on a sliding scale, with the highest fees reaching 20 percent. 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. I was so confused by this topic I called E-bay and the partner fees are for Sales Tax added to the price a buyer pays for instance I sold an item on E-bay for $12.00. The only true sneaker marketplace, you can communicate directly with your potential buyer, inducting them into the Grailed community. 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. Grailed takes a commission when your items sell. The higher of the two final value fees is charged, if your item sells, Reserve price For listing high-quality goods that are coveted. Cons 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. I've been using Grailed since 2015 but the latest item I've sold, the fees came out to over 25% wtf. Search "appeal fees" on DoNotPay, choose the Fight and Waive Fees product, and select the type of fee you want to appeal. Whatever percentage you'd agreed to when deciding to promote your listing. Privacy Policy. Consensus: From a buyers perspective, GOAT is great. I wonder how these made it through the filter if every item is reviewed? Stadium Goods is a similar experience to many other platforms, offering a wide array of sneakers varying in cost due to size and demand. Cons Its terribly misleading to potential buyers and a real shame if the cost of this service contributed to them deciding to increase their fee. Sneaker resellers have more options than ever and between consignment shops and marketplaces, there are countless ways to flip sneakers. There is not much chance the fee will be waived using any method. Getting paid:Etsys secure payment system allows sellers to accept credit and debit cards, Apple Pay, Etsy gift cards, Google Wallet, and PayPal. 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. 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. While Flight Club has almost every new release you may be searching for, older modelswhich are more difficult to authenticateare often not available. The first thing you should know is that Grailed does not personally inspect any items. If your registered address is not in the US, please refer to the fee page for your country or region of residence for your International fee information. 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! Grailed is a popular marketplace that is known for menswear! I am also and have no idea why. 2013. eBay Cracks Down on Sneaker Counterfeits With Authenticity Guarantee Program For its service, Flight Club charges a 20 percent flat rate fee on every pair of sneakers solda hefty price compared to competitors. 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 are a few options to try. As the authoritative mens clothing marketplace, we know a thing or two about buying and selling, and we ranked the best places across the web to buy and sell sneakersincluding ourselves of course! Once youre approved, GOAT assigns each seller a seller score, which begins at 90. StockX acts as the middleman, meaning once your sneakers sell and you ship them to a StockX warehouse you are paid out. Grailed puts your grail within reach. Browse the most sought after Ebay clothing including Short Sleeve T-Shirts, Light Jackets, Hats, & more. 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. 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. eBay was founded in 1995, and it definitely shows in the user interface. Ebay takes all their fees in other ways so this is not coming from ebay and ebay directs me to paypal. For listing highly anticipated new releases. So how do we know who this partner is? 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. So if you take the Sold price - Shipping (Grailed Label) - Grailed Fee - Paypal Fee = $434.09 Your ultimate amount released to your Paypal Account. 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. But like the others, those interested in buying and selling may find the platform limiting. 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. 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. However, with the new update, items sold after March 1, 2022, are now 12.9% + $0.30 for every order on most categories. If eBay converts your funds, the conversion will be completed at the transaction exchange rate we set for the relevant currency exchange. Charged per listing and per category. For other items that sell, theres a final value fee of two to 12.85 percent depending on the products category. Welcome! For example, while eBay charges around 10% commission, Grailed's selling fees are only 9%, saving you a little money on each sale. 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. 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? GOAT is an online only sneaker site that sells both new and lightly used 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! Shopping at either the website or brick and mortar locations is reminiscent of a traditional ecommerce or retail experience, respectively. For those in the New York area, selling requires almost no overhead and is very straightforward. Thats why its important to choose the right resale website for selling your clothes and accessories online. Tags: jordan-brand, yeezy, adidas, nike, grailed, streetwear, resell, sneakers. As time goes on and deadstock supply declines, this tends to put upward pressure on resale prices. Press J to jump to the feed. 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. You've already used your allocation of zero insertion fee listings this month. As previously mentioned it is predominantly geared towards buyers and with a sliding fee scale that maxes out at nearly 20 percent, the website eats into your profit margin. Grailed is an online fasion marketplace focused on vintage, high-end, and popular street brands such as, Champion, Nike or Gucci. 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. Is the Grailed Authentication process good? Ebay has been charging a 10% fee for quite a while, and Paypal charges 2.9% + 30 cents per transaction = 12.9% + 30 cents. 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. Auto-suggest helps you quickly narrow down your search results by suggesting possible matches as you type. This means it is most likely that your fees will be higher when selling on Grailed than on Ebay once you account for shipping. How to Get Your Grailed Fees Waived Effortlessly. 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. If your category is not listed this means no additional deduction is given. GOAT is significantly more complex for sellers than other platforms. The fees and benefits vary depending on the type of Store subscription you choose. When you set your price for an item, it should account for shipping and a 9% commission for Grailed. The partner fee is the fee you're charged for "promoting" your listing on eBay. 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. Thats right, Grailed. eBay is an online marketplace where users buy and sell products. The fee is around 2.9% domestic and around 4.4% international. For our community of sneakerheads, eliminating selling fees allows them to turn their sneakers into more cash to fund future purchases, and results in a more robust sneaker inventory for shoppers everywhere, said Jeff Chan, head of mens footwear and apparel at eBay. First, potential sellers must apply in order to list items on the website. It feels like i am going in a circle. Unfortunate. These platforms have invested heavily in expanding their internal authentication teams, citing consumer trust as a valuable asset to cultivate. and our According to the website, a grail is "the piece you obsess over but cannot ever find or afford." PayPal's seller's fee varies and is based on the location of the buyer's billing address. For sellers, Grailed feeshave gone up to 9%. 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. Grailed is the preeminent marketplace for mens fashion and streetwearobviously, that includes sneakers. By browsing this website, you consent to the use of cookies. Thanks in advance. Here is one of many Travis Scott burgers from McDonalds we saw posted when it was first released. Does Grailed charge a payment processing fee? eBay has 3 types of fees: Final Value Fee, Insertion Fee and Listing Upgrade Fee. The move comes as eBay is in the midst of trying to take back its prominence in the world of sneaker resale. Plus, StockX physically authenticates every pair of shoes that gets sold on the platform. "by the website an item is sold from".. for me, this is ebay. 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 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. The site claims the increase was to improve the marketplace experience for all users. Here's how you can use DoNotPayto appeal fees: Saving time and money has never been so quick and easy. Select the merchant you want to appeal fees for and enter the details of your transaction, including an associated account if you have one. 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. Nothing mentioned before payment was made. eBays listings allow sellers to specify multiple categories, item specifics, condition, and many other details. Graileds authentication process is a combination of human and machine moderation. By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. If you run out of free listings, a $0.30 insertion fee is charged when you list an item. I sold an item on eBay. 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. 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. Lets start with the obvious, that 9% fee. Copyright 2023 Penske Business Media, LLC. New to the community? The Ultimate Grailed Guide - How to Sell on Grailed FAST The 100 Best Albums of 2022. Home cleaning often comes with the realization that youve amassed way too much stuff including in your wardrobe. With their new Managed Payments format, that number will now be 12.35% + 30 cents. Solved: Partner fee - PayPal Community StockX is less straightforward than competitors. No matter which format you choose, there are some rules you should be aware of, so please take a moment to read our Real estate policy. Commission rate. 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. Shipping is a flat fee, so prices are relatively straightforward. 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. 20% difference. Related Stories There are a lot of optionsthough primarily newer releases and ultra-expensive grailsand buying is very straightforward, tax is even included! 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. Sneakers are a key area for growth for eBay. Ebay also still has a much bigger user base. If you sign the petition, there may be a chance of getting the fee reduced. If there is a good reason for the request, you may be able to get a refund. But as of Tuesday, sneakers no longer carry any selling fees for pairs sold for more than $100. The website offers a traditional retail experience, with worldwide shipping and simple buying mechanics, search functionality and so forth. 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.