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You make $8,441.20, or approximately 89% of the sale price, not including shipping costs. You can receive your payment through bank transfer, which takes one to five business days; or by debit card, which can take a few hours or up to one to three business days. My currency is set to sek both on website and on paypal. 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. Click Here To Try! When a task is too time-consuming or confusing, the chances are that DoNotPay has a product for that. What is a partner fee? I am scared to list half my inventory because of scammers and eBay's policies. Something went wrong. 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. 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. Do you know who does not physically authenticate ANY items? Graileds 9% + 2.9% and 30 cent Paypal fee equates to 11.9% + 30 cents. For those looking for cheap footwear options or shoes below market, GOAT can be difficult. If you have already completed the transaction, you can contact customer service and request the fee be refunded. We've outlined the differences below. Each listing package offers different levels of bundled features for a set fee. How it works: Sellers list sneakers that they want to sell via consignment through Stadium Goods Seller Portal. These listings count towards your monthly zero insertion fee listings. Kidizen Selling Fees: Kidizen selling fees are 12% + $0.50 of the sale price. Were going to breakdown whether that fee is reasonable, or whether youre better off selling onEbayorStockX. I've been using Grailed since 2015 but the latest item I've sold, the fees came out to over 25% wtf. 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. Whats great about the resale platform is that it offers real-time pricing data and buyers can see the price history of specific items. If you purchase an independently reviewed product or service through a link on our website, Rolling Stone may receive an affiliate commission. But, if you are willing/can afford losing an item, it's useful for a few extra sales imo. While the fees are a terrible deal for sellers, the lack of protection is bad for victims of fraud. Between raffles, bots and surprise drop dates, managing to score the sneakers you actually want is more difficult than ever. An example of a partner fee would be the website Grailed who currently charges a 6% fee for sales on their website. If your category is not listed this means no additional deduction is given. 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. Unlike other websites, GOAT functions differently as it is predominantly geared towards buyers. For other items that sell, theres a final value fee of two to 12.85 percent depending on the products category. 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. For buyers it is straightforward, however for sellers the high commission can eat away at profits. Select Clothing, Shoes & Accessories categories: Free if starting price is $150 or more* - See: Notes for Basic fees. Getting paid:Some of the most common payment methods include PayPal, credit or debit cards, and Apple and Google Pay. StockX only allows brand new merchandise, meaning anyone with once-worn or slightly used sneakers is out of luck. 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. These platforms have invested heavily in expanding their internal authentication teams, citing consumer trust as a valuable asset to cultivate. https://www.finalfees.com is neither endorsed by nor affiliated with any with them, nor is the accuracy of its results guaranteed. So how do we know who this partner is? In order to sell, a user must fill out a sell form by finding the product and listing it on the website. Those below pay on a sliding scale, with the highest fees reaching 20 percent. For mens athletic shoes, theres no final value fee if the pair sells for $100 or more. Fees for Real Estate listings include an insertion fee, a notice fee, and fees for any optional listing upgrades you choose. 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. 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). Similar to Flight Club, Stadium Goods is a consigner that has a significant online presence. Grailed's commission helps us maintain the marketplace to make buying and selling as easy as possible. Pros 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. 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. As such, we included them separately. A comparison of marketplace fees on eBay, Poshmark, Mercari, Etsy, Facebook Marketplace and more. 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. eBay has 3 types of fees: Final Value Fee, Insertion Fee and Listing Upgrade Fee. Shipping is a flat fee, so prices are relatively straightforward. The 100 Greatest TV Shows of All Time Here are a few options to try. Thats why its important to choose the right resale website for selling your clothes and accessories online. Insertion fees for Classified Ads are $9.95 for a 30-day listing and there are no final value fees. EDIT: To clarify, I'm only selling new, unused products. 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. But eBay, in a play to siphon sellers from other players in the sneaker resale space, has dropped selling fees for sneakers entirely. Its even worse considering that they certainly must know that this service doesnt provide any real value and is probably only being provided as a marketing tool and a way for them to justify charging sellers more money. When the petition has gained enough attention, the platform may reevaluate the fee. Is the partner fee basically the eBay fees when an item sells? E-bay will pull their fees when they invoice me at the end of the month. Flight Club operates under a traditional consignment model. Even though I've listed items plenty of times, I still make mistakes. Growing the Grailed community to foster a . Grailed takes a commission when your items sell. Click Here To Try! If you need to refund the buyer or cancel the sale, you may be eligible for fee credits as per our fee credits policy. Charged whether or not your item sells. Cons Many Grailed users are very upset about the fee increase and want to know how to fight or waive the fee. Getting paid:Etsys secure payment system allows sellers to accept credit and debit cards, Apple Pay, Etsy gift cards, Google Wallet, and PayPal. GOAT focuses exclusively on footwear, predominantly recent drops and noteworthy collaborations. Learn more about how zero insertion fee listings work, including the terms and exclusions for those listings. 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! and our Consensus: While an iconic destination, Flight Club is predominantly a retail experience. Fortunately, selling fees on Grailed are slightly lower than many other large selling sites such as eBay. An order is defined as any number of items purchased by the same buyer at checkout with the same shipping method. As of now, Stadium Goods does not allow consignors to drop off streetwear, despite the fact it sells it. 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. Etsy also offers tools to help sellers manage and promote their online businesses, and Etsy lets you take advantage of shipping discounts. And were still not done. StockX acts as the middleman, meaning once your sneakers sell and you ship them to a StockX warehouse you are paid out. If your registered address is in the US, the seller currency conversion charge applied and retained by eBay is 3%. Search "appeal fees" on DoNotPay, choose the Fight and Waive Fees product, and select the type of fee you want to appeal. How it was possibly authenticated is beyond comprehension. 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. I sold an item on eBay. ABOUT EBAY FEES. I guess I was hoping to hear that "real" people work at Grailed and wouldn't just spit out the same generic responses while blindly siding with the buyer but it seems that dealing with scammers is a more common issue. The item was purchased for $25 and the partner fee was $2.00. According to the website, a grail is "the piece you obsess over but cannot ever find or afford." What is Grailed's commission fee used for? For those searching for mainstream new or lightly used sneakers, GOAT is a solid place to buy. PayPal collected their fee .80 and pulled the $1.16 to pay the sales tax. Thanks in advance. The fee is around 2.9% domestic and around 4.4% international. 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. The retail experience is relatively straightforward and all items are authenticated in-house at one of StockX's warehouses around the world. 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! But were not finished. Grailed puts your grail within reach. Paypal already charges 2% fee and on top of it charge another fee under title of "partner fee". 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. (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). Pros The move comes as eBay is in the midst of trying to take back its prominence in the world of sneaker resale. What are the seller fees? A dialog will open as you type your search terms. We charge an insertion fee and applicable optional listing upgrade fees when you list your item for the first time, and each time it renews. Grailed additionally allows you to sell used sneakers as well, unlike competitors who only allow brand new ("deadstock") sneakers on site. . Good for selling:Vintage items (including clothing, accessories, and music memorabilia), handmade goods, and craft supplies. For its service, Flight Club charges a 20 percent flat rate fee on every pair of sneakers solda hefty price compared to competitors. Enter the promotion percentage you are charged. 9%. The Grailed marketplaceallows people to sell men's clothes, shoes, and accessories from high-end designers. If eBay converts your funds, the conversion will be completed at the transaction exchange rate we set for the relevant currency exchange. Once youre approved, GOAT assigns each seller a seller score, which begins at 90. core (like nike sneakers, sweats etc.) 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. Pick out what category is your Ebay store. Free for many users to make an account, Grailed offers low fees for sellers. Additionally, authentication fees and duties (if you're an international shopper) can potentially add a significant price bump to any purchase. eBay is an online marketplace where users buy and sell products. Seller fees. Good for selling: Streetwear and sneakers, celebrity collaborations, and collectibles, Popular brands:A Bathing Ape, Cactus Jack, Fear of God, Supreme. New to the community? © 2023 Copyright Finalfees. Whether youre paring down your closet to just the essentials, you need some extra cash, or youre making way for spring and summer style arrivals, weve rounded up the best places online to sell your clothing, footwear, and accessories. 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 . Enter the tax percentage you are charged. Press J to jump to the feed. If you love high-end designer men's fashion but thought you couldn't afford it, then Grailed is the place for you. Grailed is an online fasion marketplace focused on vintage, high-end, and popular street brands such as, Champion, Nike or Gucci. The $0.30 per order is not charged. All you have to do is connect with your eBay account and that's it. The total amount of the sale is $10,070 (includes 6% sales tax). 13.25% if total amount of the sale is less than $150. Here is a listing we came across when it was first listed. Most of my sales are on ebay and luxury (like saint laurent) and hype (supreme) does best there.