You're selling the latest version of a smartphone in used condition using a 10-day duration. Ebay also still has a much bigger user base. Thanks in advance. 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. 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. This means that a seller could easily use photos of a legit item but ship you a fake. For popular sneakers, they almost always have stock. Deduction on ebay fee for outstanding seller levels and performance. And what are the best ways to make sure you get the most money back from your unworn wares? Even though I've listed items plenty of times, I still make mistakes. As such, we included them separately. 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. All that said, I doubt Grailed actually offers their own 'protection' in many cases, if at all. 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. 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. Sneakers are a key area for growth for eBay. There is not much chance the fee will be waived using any method. Currently only use ebay, grailed and poshmark. 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. 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. PayPal fees are then added to that. Select the payment method you received based on buyer's location. While technically one entity, each still operates independently and are seemingly autonomous. 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 . The main reason users are so upset is because they feel like there was no warning. No. We've outlined the differences below. Ebay takes all their fees in other ways so this is not coming from ebay and ebay directs me to paypal. 9%. Keep in mind that all these still depend on the subscription model of the seller. 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. 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. Pick out what category is your Ebay store. Enter the total amount sold before fees & excluding shipping charges. What is Grailed's commission fee used for? On top of the fee structure, each sale invokes an additional flat region-dependent tax that ranges from $5-$30. Were going to breakdown whether that fee is reasonable, or whether youre better off selling onEbayorStockX. (Plus, environmental advocates point out that a hefty amount of donated clothing and textiles end up in landfills, and resale helps to extend the life cycle of items). Here is one of many Travis Scott burgers from McDonalds we saw posted when it was first released. These listings count towards your monthly zero insertion fee listings. 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'? It seems like no matter what the issue is with the transaction, eBay will always side with the buyer. Browse the most sought after Ebay clothing including Short Sleeve T-Shirts, Light Jackets, Hats, & more. Here are a few options to try. You can enhance your listings to help make them stand out by adding certain features, such as a subtitle, or bold font. An example of a partner fee would be the website Grailed who currently charges a 6% fee for sales on their website. 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. Each listing package offers different levels of bundled features for a set fee. 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. There are a lot of optionsthough primarily newer releases and ultra-expensive grailsand buying is very straightforward, tax is even included! Check out some of the other product series and discover how you can save time and money using DoNotPay. 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. If you are found responsible for a disputed amount as per eBay policies (e.g., chargeback), we charge a $20.00 dispute fee, excluding sales tax, for each dispute. 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. Tax and shipping are tacked on after a purchase, and the store ships to most countries, though at a cost. 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 . If there is a good reason for the request, you may be able to get a refund. Kidizen Selling Fees: Kidizen selling fees are 12% + $0.50 of the sale price. Home cleaning often comes with the realization that youve amassed way too much stuff including in your wardrobe. 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. eBay is an online marketplace where users buy and sell products. 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. 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We want to hear it. The item was purchased for $25 and the partner fee was $2.00. Upgrades you have selected for your listing. StockX only allows brand new merchandise, meaning anyone with once-worn or slightly used sneakers is out of luck. I've managed to keep 100% positive feedback, but found myself being forced to bend over backwards for some less than desirable buyers. © 2023 Copyright Finalfees. The online marketplace exclusively for high-end men's designer clothes is Grailed. PirateShipis our suggestion, and they make it easy to ship with USPS or UPS. Set a minimum price that must be met for your item to sell, $5.00 or 7.5% of reserve price, whichever is greater (maximum fee $250) What are the seller fees? On top of the fee structure, each sale invokes an additional flat region-dependent tax that ranges from $5-$30. View cart for details. I sold an item on eBay. Shipping is a flat fee, so prices are relatively straightforward. Since Flight Club is still technically a brick and mortar store, prices tend to be a bit steeperthey have to cover rent and inventory. Insertion fees for Classified Ads are $9.95 for a 30-day listing and there are no final value fees. 2013. Between fees, rolling admission and turn around time, as a new seller you may have missed the boat. Once youre approved, GOAT assigns each seller a seller score, which begins at 90. Consensus: From a buyers perspective, GOAT is great. There are no fees for shopping or buying on Grailed. 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. First, potential sellers must apply in order to list items on the website. Something went wrong. 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. Cons As Flight Club is a true consignor, you are only paid once your sneakers sell. You're selling a trading card for $9,500 with free shipping. You can now calculate hundreds of your sold listings in a heartbeat with all the eBay & Paypal fees without having to do a thing! If you sign the petition, there may be a chance of getting the fee reduced. The $0.30 per order is not charged. To attract the attention of more buyers, you add the Bold listing upgrade. If your registered address is in the US, the seller currency conversion charge applied and retained by eBay is 3%. 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. We have come across some oddities which are cause for concern. 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. 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. Pros Tip Final value fee (13.25% of $424, + $0.30). The only true sneaker marketplace, you can communicate directly with your potential buyer, inducting them into the Grailed community. If you run out of free listings, a $0.30 insertion fee is charged when you list an item. Good for selling: New, unused good condition sneakers, Popular brands:Adidas, Jordan, Nike, Yeezy. 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.. Sellers also like using StockX because it offers anonymity, and they can sell to buyers in over 200 countries and territories around the world. Cookies help us customize the PayPal Community for you, and some are necessary to make our site work. Sit back and relax while we do the work. Grailed additionally allows you to sell used sneakers as well, unlike competitors who only allow brand new ("deadstock") sneakers on site. Final value fee (13.25% of $7,500, + 2.35% of $2,570, + $0.30). This fee is calculated as a percentage of the total amount of the sale, plus $0.30 per order. Fees are different for Store subscribers and for selling vehicles. EBay typically charges around 10% of the items sale value, with variations based on the product sold and the sellers account tier. So if you take the Sold price - Shipping (Grailed Label) - Grailed Fee - Paypal Fee = $434.09 Your ultimate amount released to your Paypal Account. 13.25% if total amount of the sale is less than $150. Even if you went an easier route with StockX, they charge 9.5% (or less) and you dont even have to pay to ship your shoes, they provide a label, which means they are definitely cheaper than the Grailed fee as well. Flight Club is a true retailer, and since all product is onsite in either a store or a warehouse, turnaround times are quick. 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. Growing the Grailed community to foster a . The conversion charge is a fixed percentage applied to the base exchange rate and retained by eBay. Many Grailed users are very upset about the fee increase and want to know how to fight or waive the fee. According to eBay, I was also charge the final value fees as well I feel like BH Im being charged twice. Appreciate the responses. Youll get paid through PayPal and use the payment platform to print a shipping label. Flight Club operates under a traditional consignment model. Enter the tax percentage you are charged. It feels like i am going in a circle. Youll also need to include all of the details such as the brand, size, material, condition, and more. The base exchange rate reflects rates within the wholesale currency markets applicable to the currency pairing on the day of the conversion, or the prior business day. Related Stories For those searching for mainstream new or lightly used sneakers, GOAT is a solid place to buy. One of the first sneaker consignment shops, Flight Club transformed from a simple retailer to a powerful online sneaker buying and selling platform. 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. As of now, Stadium Goods does not allow consignors to drop off streetwear, despite the fact it sells it. Select Others if not listed. Enter the total amount charged for shipping to buyer. For listing mainstream brands that are well-known. Our expert moderators ensure all listings posted for sale are 100% authentic. 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. I hope this helps and thank you again for joining the Community! If so, should I still have to worry about paying my eBay seller fees? Otherwise, we charge a notice fee, whether or not you carry out the sale with the buyer. For vehicles, see our Motors fees. EDIT: To clarify, I'm only selling new, unused products. 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. Tags: jordan-brand, yeezy, adidas, nike, grailed, streetwear, resell, sneakers. 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. Thanks in advance. 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! Competing on selling fees is also important since eBay does not compete with other resellers on authentication. 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. *2022 Update*As of January 19, 2022, Ebay has reinstated a final value fee for sneakers. If you use the Classified Ad format, scheduling a listing will cost $0.10. For example, while eBay charges around 10% commission, Grailed's selling fees are only 9%, saving you a little money on each sale. All Rights Reserved. With the ability to buy both new and used sneakers, Grailed has the best prices anywhere. For Sneakers over $100 in value, the fee is 8%. How to Get Your Grailed Fees Waived Effortlessly. Welcome! The move comes as eBay is in the midst of trying to, Sneakers are a key area for growth for eBay. Is the Grailed Authentication process good? Lastly, our offer system allows you to directly negotiate with a seller to work towards an ideal price. Enter the total amount sold before fees & excluding shipping charges. If you compare them, you are sure to find one that has a more agreeable seller's fee. Pros It's absolutely terrible for the seller. Send us a tip using our anonymous form. Commission and fees:If your item sells, youll earn 80 percent of the list price. 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. Whats great about the resale platform is that it offers real-time pricing data and buyers can see the price history of specific items. Cons Your Guide to the Best Menswear Fashion Deals, But were not finished. By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. Grailed mostly only sell luxury. Prices are generally fairhigher than other sites, thoughand the shopping process is relatively simple, granted the stock system is at times convoluted. * 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. 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. 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. The site offers almost zero protection and all fraud cases are first worked through PayPal. Did you ever find an answer of why you are being charged a partner fee by ebay? The fees for selling a vehicle on eBay Motors are different from the fees for selling items in other categories. Flight Club only deals in new sneakers. New to the community? Graileds authentication process is a combination of human and machine moderation. GOAT is significantly more complex for sellers than other platforms. ABOUT EBAY FEES. For listing highly anticipated new releases. For sneakers, there is no authentication process in place like the robust processes that StockX or GOAT have. Why am i paying 11 partners fee for a 36 order? Given our industry low fee structure, sneakers are legitimately cheaper on Grailed. Create an account to follow your favorite communities and start taking part in conversations. 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 . That said, higher fees and longer wait times make selling on StockX a longer process than competitors. 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. But were not finished. 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. Commission and selling fees:For sellers listing 200 items or less, eBay does not charge an insertion or listing fee. As time goes on and deadstock supply declines, this tends to put upward pressure on resale prices. 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! The fee was raised from 6% in August. Nothing mentioned before payment was made. 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. I have only used Ebay and Grailed. Here's how you can use DoNotPayto appeal fees: Saving time and money has never been so quick and easy. . 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. They usually view the seller as guilty until proven innocent. Grailed commission fees Post any item for free. Pay, shop, and do even more on the PayPal app. You make $343.17, or approximately 86% of the sale price, not including shipping costs. PayPal fees for transactions within the United States are 2.9 percent plus $0.30 per transaction, while. For mens athletic shoes, theres no final value fee if the pair sells for $100 or more. 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. You've already used your allocation of zero insertion fee listings this month. Learn more about how zero insertion fee listings work, including the terms and exclusions for those listings. Thats less than half a percent difference, in favor of Grailed. It will have seven more mystery drops daily starting on Thursday. Grailed puts your grail within reach. Once rivals in the space, early last year GOAT and consignment shop Flight Club merged into one company. (Read our review about how to buy/sell sneakers on eBay here). That's less than half a percent difference, in favor of Grailed. 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. The retail experience is relatively straightforward and all items are authenticated in-house at one of StockX's warehouses around the world. For buyers, there are no fees for using the platform. The 200 Greatest Singers of All Time At the end of the day, its a worthless service, and the time and money would be better spent elsewhere. and our Is it better than nothing? For a monthly subscription, you can run your own eBay Store. Getting paid:Etsys secure payment system allows sellers to accept credit and debit cards, Apple Pay, Etsy gift cards, Google Wallet, and PayPal. Pros An example of a partner fee would be the website Grailed who currently charges a 6% fee for sales on their website. Newly Improved Ebay & Etsy Import System. 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. Consensus: While an iconic destination, Flight Club is predominantly a retail experience. Commission and fees:Grailed takes a commission fee of nine percent, and sellers are also charged a PayPal payment processing fee of 2.9 percent plus 30 cents for domestic transaction and 4.4 percent plus 30 cents for international transactions. In general, sellers tend to make less money per sale than with competitors. 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. eBay Cracks Down on Sneaker Counterfeits With Authenticity Guarantee Program Fee amounts are based on the terms in effect when the listing goes live and when it renews. Copyright 1995-2023 eBay Inc. All Rights Reserved. Grailed's commission helps us maintain the marketplace to make buying and selling as easy as possible. 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. The total amount of the sale is $10,070 (includes 6% sales tax). Another (Celine) Portrait: See Bob Dylan in Fashion Brand's Latest 'Performer' Series. This is a huge advantage for Ebay over Grailed. 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. What separates eBay from other sellers is our strong partnerships with other brands. Good for selling:Vintage and new clothing, sneakers, collectibles, music memorabilia, Popular brands:Jordan, Yeezy, Nike, Adidas, New Balance. 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. If eBay converts your funds, the conversion will be completed at the transaction exchange rate we set for the relevant currency exchange. A comparison of marketplace fees on eBay, Poshmark, Mercari, Etsy, Facebook Marketplace and more. no need to bend over backwards when you loose out on your item and money. eBays listings allow sellers to specify multiple categories, item specifics, condition, and many other details. These platforms have invested heavily in expanding their internal authentication teams, citing consumer trust as a valuable asset to cultivate. Cons Free for many users to make an account, Grailed offers low fees for sellers. "by the website an item is sold from".. for me, this is ebay. StockX is less straightforward than competitors. 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. But, trust us, theres a reason behind the blatant bias and ego. 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. 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. It was raised on August 12th, 2020 from 6%. 10 people found this solution to be helpful. help me please as this does not seem right. If this post or any other was helpful, please enrich the community by giving kudos or accepting it as a solution. The fee is around 2.9% domestic and around 4.4% international. Date founded. If you purchase an independently reviewed product or service through a link on our website, Rolling Stone may receive an affiliate commission.