core (like nike sneakers, sweats etc.) 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. Deduction on ebay fee for having an Ebay store(Basic, Premium, and Anchor Stores all charge the same rate). (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). Grailed's 9% + 2.9% and 30 cent Paypal fee equates to 11.9% + 30 cents. Here is a listing we came across when it was first listed. If you want to sell on Grailed, there is a 9% seller's fee. Youll get paid through PayPal and use the payment platform to print a shipping label. However, you can also use a third-party shipping site to get the discounted rate, regardless of whether you sell on Ebay or Grailed. 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. Tax and shipping are tacked on after a purchase, and the store ships to most countries, though at a cost. Commission and selling fees:For sellers listing 200 items or less, eBay does not charge an insertion or listing fee. For sneakers, there is no authentication process in place like the robust processes that StockX or GOAT have. Cookie Notice 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. For US domestic payments, there is a payment processing fee of 3.49% + .49 USD. For more information, please see our Fees are different for Store subscribers and for selling vehicles. 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. Cons Press question mark to learn the rest of the keyboard shortcuts. I agree that Paypal protection can be one sided. 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. Free for many users to make an account, Grailed offers low fees for sellers. The $0.30 per order is not charged. 9%. First, potential sellers must apply in order to list items on the website. 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. Flight Club is a true retailer, and since all product is onsite in either a store or a warehouse, turnaround times are quick. GRAILED COMMISSION FEE 9% The Grailed Commission fee is applicable to domestic and international transactions. 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. Getting paid: Youll be notified via email if your item sells, and you can then request a direct deposit payment (which takes three to five business days to process) to your bank account. 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. Seller fees. 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. * 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. 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. For men's athletic shoes, there's no final value fee if the pair sells. 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. There are many online marketplaces. 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. 37 19 19 comments Best Add a Comment If your registered address is in the US, we charge an International fee if either: This fee is calculated as 1.65% of the total amount of the sale and is automatically deducted from your sales. Cons Once the item sells, the user ships it to an authentication center, or drops it off at one of only a handful physical locations. For listing mainstream brands that are well-known. GOAT focuses exclusively on footwear, predominantly recent drops and noteworthy collaborations. Check out our top picks below. 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. With a big marketing push, StockX has established itself as setting the market rate for many of the most hyped sneakers. Newly Improved Ebay & Etsy Import System. If you love high-end designer men's fashion but thought you couldn't afford it, then Grailed is the place for you. Applications are accepted on a rolling basis and can take days to be processed. Most of my sales are on ebay and luxury (like saint laurent) and hype (supreme) does best there. 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'? With the ability to buy both new and used sneakers, Grailed has the best prices anywhere. The higher the price premium, the bigger the hype.. The website offers a traditional retail experience, with worldwide shipping and simple buying mechanics, search functionality and so forth. Grailed additionally allows you to sell used sneakers as well, unlike competitors who only allow brand new ("deadstock") sneakers on site. plus any PayPal fees. Final value fee (13.25% of $424, + $0.30). 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. If your items are relisted automatically, you'll be charged insertion and optional listing upgrade fees each time your item is relisted. Okay, we knowwere putting ourselves at the top of the list. They usually view the seller as guilty until proven innocent. Here are some more articles to check out from the Fight And Waive Fees product series. We don't sell things, we only receive donations, yet some unknown partner is getting money that should be going to the non-profit. The 100 Best Albums of 2022. 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. 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 each time a transaction is made grailed takes a 9% commission of the sold price plus Paypal fees. I hope this helps and thank you again for joining the Community! At StockX, we only accept deadstock products meaning all sneakers, apparel, accessories, collectibles, and electronics must be authentic, new, and unworn., As a general rule, the resale values of coveted deadstock items that trade on StockX tend to appreciate over time, Cutler continues. The partner fee is the fee you're charged for "promoting" your listing on eBay. Grailed takes a commission when your items sell. Shopping at either the website or brick and mortar locations is reminiscent of a traditional ecommerce or retail experience, respectively. Why am i paying 11 partners fee for a 36 order? This is a. How it works:Prospective sellers need to fill out an application through GOATs app. All Rights Reserved. Today, the company sells everything from streetwear to watches and handbags, all of which are in brand new condition. Unlike other websites, GOAT functions differently as it is predominantly geared towards buyers. You can now import hundreds of your sold listings in a heartbeat with all the fees & profits without having to do a thing! And were still not done. Is it better than nothing? Popular brands:Nike, Louis Vuitton, Visvim, Levis, Raf Simons, Good for selling:Luxury menswear, streetwear, and sneakers. There is not much chance the fee will be waived using any method. Grailed Fees Anyone else flabbergasted at Grailed's fees now? So how do we know who this partner is? eBay Cracks Down on Sneaker Counterfeits With Authenticity Guarantee Program 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. 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 there is a way to save time and money, the chances are good that DoNotPay has a product that can handle things for you. That said, if youre looking to enter the resell game, GOAT may prove difficult. The fees for selling a vehicle on eBay Motors are different from the fees for selling items in other categories. The 100 Greatest TV Shows of All Time Auto-suggest helps you quickly narrow down your search results by suggesting possible matches as you type. help me please as this does not seem right. Click Here To Try! 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. These platforms have invested heavily in expanding their internal authentication teams, citing consumer trust as a valuable asset to cultivate. Those below pay on a sliding scale, with the highest fees reaching 20 percent. This means it is most likely that your fees will be higher when selling on Grailed than on Ebay once you account for shipping. So it is still worth using Grailed? While Ebay has its own flaws, Grailed no longer offers any real advantage to sellers since raising the Grailed fee. Cons 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. Cons Grailed is an online fasion marketplace focused on vintage, high-end, and popular street brands such as, Champion, Nike or Gucci. As of now, Stadium Goods does not allow consignors to drop off streetwear, despite the fact it sells it. The site offers almost zero protection and all fraud cases are first worked through PayPal. When you set your price for an item, it should account for shipping and a 9% commission for Grailed. The platform announced the change less than 24 hours before it was implemented. You're selling a trading card for $9,500 with free shipping. I've managed to keep 100% positive feedback, but found myself being forced to bend over backwards for some less than desirable buyers. For its service, Flight Club charges a 20 percent flat rate fee on every pair of sneakers solda hefty price compared to competitors. As time goes on and deadstock supply declines, this tends to put upward pressure on resale prices. EDIT: To clarify, I'm only selling new, unused products. 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. Graileds authentication process is a combination of human and machine moderation. It was raised on August 12th, 2020 from 6%. Etsy also offers tools to help sellers manage and promote their online businesses, and Etsy lets you take advantage of shipping discounts. Fortunately, selling fees on Grailed are slightly lower than many other large selling sites such as eBay. Grailed is currently made up of four marketplaces. 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. For mens athletic shoes, theres no final value fee if the pair sells for $100 or more. To list an item, there are 13 required fields, and at least 20 more optional ones. . Sneaker resellers have more options than ever and between consignment shops and marketplaces, there are countless ways to flip sneakers. Getting paid:Etsys secure payment system allows sellers to accept credit and debit cards, Apple Pay, Etsy gift cards, Google Wallet, and PayPal. Thank you so much for joining thePayPal Community, and I'm so sorry that the community was not able to answer your question. Currently only use ebay, grailed and poshmark. Even though I've listed items plenty of times, I still make mistakes. Cons Payments are deposited directly into your bank account. The first thing you should know is that Grailed does not personally inspect any items. 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. 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! Grailed is a popular marketplace that is known for menswear! Cookies help us customize the PayPal Community for you, and some are necessary to make our site work. Do you have an eBay Store or want to sell vehicles? According to eBay, I was also charge the final value fees as well I feel like BH Im being charged twice. Since Flight Club is still technically a brick and mortar store, prices tend to be a bit steeperthey have to cover rent and inventory. The only true sneaker marketplace, you can communicate directly with your potential buyer, inducting them into the Grailed community. 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? There are no fees for shopping or buying on Grailed. 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 platforms massive database of products make it convenient for sellers to easily list their goods without adding item specifics (such as fabrics and materials, weight, etc.). The website offers a traditional retail experience, with worldwide shipping and simple buying mechanics, search functionality and so forth. Enter the total amount sold before fees & excluding shipping charges. Between fees, rolling admission and turn around time, as a new seller you may have missed the boat. EBay typically charges around 10% of the items sale value, with variations based on the product sold and the sellers account tier. Is it a complete waste of time and resources for them? Consensus: While an iconic destination, Flight Club is predominantly a retail experience. 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. 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. just sit. EDIT: To clarify, I'm only selling new, unused products. Send us a tip using our anonymous form. 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. Enter the total amount sold before fees & excluding shipping charges. Good for selling:Vintage and new clothing, sneakers, collectibles, music memorabilia, Popular brands:Jordan, Yeezy, Nike, Adidas, New Balance. 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. 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. Donating your closet castoffs is one option, but you can also try to get a decent return on your sartorial investment by selling your unworn or gently-used merch online. E-bay will pull their fees when they invoice me at the end of the month. 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 . 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! Beyond the most recent drops, vintage models such as 1985 Air Jordan 1s or early 2000s Nike SB Dunkssneakers competitors either do not have or simply cannot sourceregularly appear on the platform. At the end of 2019 Ebay eliminated final value fees for items sold for over $100 in the Athletic Shoes category; Yes, that means 0% fee for sneakers that you sell for over $100! Fees: Grailed takes 6 percent as a commission. Pros Each sale henceforth affects your score, with 2 points added for a successful sale and 10 points deducted for a poor sale. New to the community? Were going to breakdown whether that fee is reasonable, or whether youre better off selling onEbayorStockX. Good for selling:Vintage items (including clothing, accessories, and music memorabilia), handmade goods, and craft supplies. You make $343.17, or approximately 86% of the sale price, not including shipping costs. Thats why its important to choose the right resale website for selling your clothes and accessories online. 10 people found this solution to be helpful. Welcome! Gallery Plus An example of a partner fee would be the website Grailed who currently charges a 6% fee for sales on their website. the more you sell, the less you pay. We have come across some oddities which are cause for concern. All rights reserved. eBay has 3 types of fees: Final Value Fee, Insertion Fee and Listing Upgrade Fee. Grailed puts your grail within reach. 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. For those looking for cheap footwear options or shoes below market, GOAT can be difficult. Consensus: From a buyers perspective, GOAT is great. StockX only allows brand new merchandise, meaning anyone with once-worn or slightly used sneakers is out of luck. Learn more about how zero insertion fee listings work, including the terms and exclusions for those listings. Get news and analysis about fashion, beauty and culture delivered to your inbox every morning. 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. Getting paid:Some of the most common payment methods include PayPal, credit or debit cards, and Apple and Google Pay. Copyright 2023 Penske Business Media, LLC. Pros 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. Lastly, our offer system allows you to directly negotiate with a seller to work towards an ideal price. Nothing mentioned before payment was made. 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. A comparison of marketplace fees on eBay, Poshmark, Mercari, Etsy, Facebook Marketplace and more. 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. https://www.finalfees.com is neither endorsed by nor affiliated with any with them, nor is the accuracy of its results guaranteed.
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