https://www.finalfees.com is neither endorsed by nor affiliated with any with them, nor is the accuracy of its results guaranteed. Since Flight Club is still technically a brick and mortar store, prices tend to be a bit steeperthey have to cover rent and inventory. Tax and shipping are tacked on after a purchase, and the store ships to most countries, though at a cost. Once you factor in PayPal fees, Grailed becomes a problem. Those below pay on a sliding scale, with the highest fees reaching 20 percent. eBay Cracks Down on Sneaker Counterfeits With Authenticity Guarantee Program What is a partner fee? 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. Each listing package offers different levels of bundled features for a set fee. Okay, we knowwere putting ourselves at the top of the list. Cons Editors picks 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. 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. Commission and fees:Listing fee of 20 cents, five percent transaction fee, payment processing fee of three percent plus 25 cents. StockX is less straightforward than competitors. Shipping is a flat fee, so prices are relatively straightforward. 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. Similar to Flight Club, Stadium Goods is a consigner that has a significant online presence. PayPal fees are then added to that. Like Flight Club, Stadium Goods lets consigners set their own prices, however works with them in order to try and match market cost. 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. Good for selling: Streetwear and sneakers, celebrity collaborations, and collectibles, Popular brands:A Bathing Ape, Cactus Jack, Fear of God, Supreme. Good for selling:Vintage items (including clothing, accessories, and music memorabilia), handmade goods, and craft supplies. Additionally, authentication fees and duties (if you're an international shopper) can potentially add a significant price bump to any purchase. Depending on your method of shipping, USPS labels will usually cost you about 15-40% less than what youll be paying if you purchase a label through Paypal. This fee is calculated as a percentage of the total amount of the sale, plus $0.30 per order. The 100 Greatest TV Shows of All Time Press J to jump to the feed. 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. 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. How can i find who is taking this money out of my account. eBay's transaction exchange rate is composed of a base exchange rate plus a conversion charge. Shopping at either the website or brick and mortar locations is reminiscent of a traditional ecommerce or retail experience, respectively. Auto-suggest helps you quickly narrow down your search results by suggesting possible matches as you type. Insertion fees for Classified Ads are $9.95 for a 30-day listing and there are no final value fees. 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.). Well discuss authentication in detail below, and we dont have any new major seller features yet. If you are hoping to fight or waive fees on Grailed, you may want to sign the petition. If youre looking to cop a pair of hyped sneakers online, its great. But eBay, in a play to siphon sellers from other players in the sneaker resale space, has dropped selling fees for sneakers entirely. Paypal already charges 2% fee and on top of it charge another fee under title of "partner fee". While technically one entity, each still operates independently and are seemingly autonomous. Youll get paid through PayPal and use the payment platform to print a shipping label. View cart for details. For sneakers, there is no authentication process in place like the robust processes that StockX or GOAT have. Charged whether or not your item sells. Whatever percentage you'd agreed to when deciding to promote your listing. Click Here To Try! Read more about our, Charged only once per listing for listings with multiple items. 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. Commission rate. If your registered address is in the US, the seller currency conversion charge applied and retained by eBay is 3%. What is Grailed's commission fee used for? Be sure to also check out any relevant payment processing fees that may apply to your transaction. Those below pay on a sliding scale, with the highest fees reaching 20 percent. Every sneaker is in deadstock condition, meaning brand new, unworn in the original packaging. 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. Gallery Plus Most of my sales are on ebay and luxury (like saint laurent) and hype (supreme) does best there. If your item sells, youll receive a pre-paid shipping label and your item will be authenticated before its shipped to the seller. Our expert moderators ensure all listings posted for sale are 100% authentic. I hope this helps and thank you again for joining the Community! 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. It feels like i am going in a circle. The self-described stock market of things StockX began as a marketplace to determine the actual aftermarket value of hyped sneakers. TheGrailed authentication pagedetails what is considers a high-risk item and this certainly meets the criteria. 9%. I was wondering if Grailed has a similar side with the buyer no matter what policy or if they actually value their sellers. The fee was raised from 6% in August. Date founded. Cons Do you know who does not physically authenticate ANY items? Grailed claims to offer their own protection which I have yet to hear any testimonials about, just constant copy pasta from Grailed staff. The 100 Best Albums of 2022. Do not waste your time searching for solutions when DoNotPay has you covered without all the work. Links to our international fees pages: Australia - opens in new window or tab | United Kingdom - opens in new window or tab | Canada - opens in new window or tab | Germany - opens in new window or tab | Spain - opens in new window or tab | France - opens in new window or tab | Italy - opens in new window or tab | Ireland - opens in new window or tab | Belgium (Dutch) - opens in new window or tab | Belgium (French) - opens in new window or tab | Austria - opens in new window or tab | Switzerland - opens in new window or tab | Netherlands - opens in new window or tab | Poland - opens in new window or tab | Greater China region - opens in new window or tab | All other countries - opens in new window or tab. But, if you are willing/can afford losing an item, it's useful for a few extra sales imo. The short explanation is: both eBay fees and Mercari fees are roughly 13 percent. On top of the fee structure, each sale invokes an additional flat region-dependent tax that ranges from $5-$30. Popular brands:Nike, Louis Vuitton, Visvim, Levis, Raf Simons, Good for selling:Luxury menswear, streetwear, and sneakers. 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. While we are adding product categories everyday, the majority of products are spread across multiple listings rather than all located under one landing page. 2013. For sneakers, there is no authentication process in place like the robust processes that StockX or GOAT have. Newly Improved Ebay & Etsy Import System. Why am i paying 11 partners fee for a 36 order? 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 . On top of the fee structure, each sale invokes an additional flat region-dependent tax that ranges from $5-$30. Getting paid:Once your item sells, youll receive payment through PayPal. It seems like no matter what the issue is with the transaction, eBay will always side with the buyer. Another (Celine) Portrait: See Bob Dylan in Fashion Brand's Latest 'Performer' Series. Pros But as of Tuesday, sneakers no longer carry any selling fees for pairs sold for more than $100. Ebay also still has a much bigger user base. By browsing this website, you consent to the use of cookies. Growing the Grailed community to foster a . 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. And were still not done. The fees and benefits vary depending on the type of Store subscription you choose. Grailed is currently made up of four marketplaces. 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. (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). If you need to refund the buyer or cancel the sale, you may be eligible for fee credits as per our fee credits policy. 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) Most categories, including Music > Vinyl Records and eBay Motors > Parts & Accessories, Automotive Tools & Supplies, and Safety & Security Accessories. These listings count towards your monthly zero insertion fee listings. 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. PirateShipis our suggestion, and they make it easy to ship with USPS or UPS. Once rivals in the space, early last year GOAT and consignment shop Flight Club merged into one company. 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. Between fees, rolling admission and turn around time, as a new seller you may have missed the boat. Enter the total amount charged for shipping to buyer. Here is an overview of fees, credits, and invoices on eBay. Kidizen Selling Fees: Kidizen selling fees are 12% + $0.50 of the sale price. 1999-2023 PayPal, Inc. All rights reserved. Pay, shop, and do even more on the PayPal app. Here is a listing we came across when it was first listed. Heres another we randomly came across, nearly a year after this article was originally written. E-bay will pull their fees when they invoice me at the end of the month. Send us a tip using our anonymous form. Unlike other websites, GOAT functions differently as it is predominantly geared towards buyers. 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. Welcome! Worth noting, on any site your likelihood of being scammed increases if you're selling hype items that appeal to a younger audience. Pros For US domestic payments, there is a payment processing fee of 3.49% + .49 USD. Real Estate listings can be auction-style, fixed price, or in the Classified Ad format. You're selling a trading card for $9,500 with free shipping. This can happen on any platform, of course, but Grailed is the only one with the lack of integrity to claim an item has been authenticated without ever actually seeing it. If you love high-end designer men's fashion but thought you couldn't afford it, then Grailed is the place for you. Here are some more articles to check out from the Fight And Waive Fees product series. Pros 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. 1, 3, 5, 7, or 10-day listing (1 and 3-day auction-style listings cost an additional $1). Select Clothing, Shoes & Accessories categories: Free if starting price is $150 or more* - See: Notes for Basic fees. Thankfully, a few websites cater to both buyers and sellers simultaneously, creating mutually beneficial ecosystems where buyers and sellers happily co-existin some cases, they are in fact one and the same. Fees correlate directly with your seller score, with the lowest possible fees (9.5 percent) awarded to sellers with a score of 90 or above. Your Guide to the Best Menswear Fashion Deals, But were not finished. Sneakers are a key area for growth for eBay. I've been using Grailed since 2015 but the latest item I've sold, the fees came out to over 25% wtf. Insane. * 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. At the end of the day, its a worthless service, and the time and money would be better spent elsewhere. While Flight Club recommends prices, sellers are allowed to list their own, which means often sneakers are priced above market. 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. 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. 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! Browse the most sought after Ebay clothing including Short Sleeve T-Shirts, Light Jackets, Hats, & more. Grailed commission fees Post any item for free. 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? The move comes as eBay is in the midst of trying to take back its prominence in the world of sneaker resale. Check out our top picks below. Fortunately, selling fees on Grailed are slightly lower than many other large selling sites such as eBay. Thank you so much for joining thePayPal Community, and I'm so sorry that the community was not able to answer your question. A listing upgrade fee is charged with any additional upgrades to your listing, such as extra categories or bolded titles. Please read our Community Rules and Guidelines, Pay, shop, and do even more on the PayPal appGet the App. I agree that Paypal protection can be one sided. Lastly, our offer system allows you to directly negotiate with a seller to work towards an ideal price. 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. Here are a few options to try. Final value fee (13.25% of $424, + $0.30). If your category is not listed this means no additional deduction is given. Unfortunate. 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 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. Absolutely. Getting paid:Some of the most common payment methods include PayPal, credit or debit cards, and Apple and Google Pay. Do you have an eBay Store or want to sell vehicles? 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. The site offers almost zero protection and all fraud cases are first worked through PayPal. Fees: Grailed takes 6 percent as a commission. That said, if youre looking to enter the resell game, GOAT may prove difficult. After you drop off your sneakers, Flight Club handles the rest as you sit back and get paid. Is it a complete waste of time and resources for them? The products work across all products and services in every city and state. Post any item for free. Consensus: From a buyers perspective, GOAT is great. 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. Reserve price in select Business & Industrial categories: International site visibility for auction-style listings, International site visibility for fixed price listings. 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. Here's how you can use DoNotPayto appeal fees: Saving time and money has never been so quick and easy. There are no fees for shopping or buying on Grailed. The website offers a traditional retail experience, with worldwide shipping and simple buying mechanics, search functionality and so forth. The Total paid into my PayPal account was $17.16 as shown. Grailed by the numbers. In an attempt to explain the increase, Grailed stated that they have been spending a lot of money on authenticating items, and that they will be investing further in improving the site for sellers. Now available on Google Chrome Web Store. You've already used your allocation of zero insertion fee listings this month. Between fees, prices, the ability to purchase slightly worn shoes for well below their going rate, no other site compares. Once you actually sell an item, GOAT (like StockX) sends you a prepaid shipping label to send the sneakers to an authentication center. Thats right, Grailed. When you set your price for an item, it should account for shipping and a 9% commission for Grailed. Grailed is a popular marketplace that is known for menswear! How it works:Prospective sellers need to fill out an application through GOATs app. Pros Get news and analysis about fashion, beauty and culture delivered to your inbox every morning. So how do we know who this partner is? When the petition has gained enough attention, the platform may reevaluate the fee. Tip That said, some sites work better than others. 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 is the preeminent marketplace for mens fashion and streetwearobviously, that includes sneakers. 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. 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. No. While the fees are a terrible deal for sellers, the lack of protection is bad for victims of fraud. . The 200 Greatest Singers of All Time Maybe. 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. You can now import hundreds of your sold listings in a heartbeat with all the fees & profits without having to do a thing! The higher of the two final value fees is charged, if your item sells, Reserve price That said, higher fees and longer wait times make selling on StockX a longer process than competitors. Buying sneakersnew or otherwisecan be a challenge. Free for many users to make an account, Grailed offers low fees for sellers. There are many online marketplaces. My currency is set to sek both on website and on paypal. Select Others if not listed. It was raised on August 12th, 2020 from 6%. Would of chosen another payment method had I known I would get charged two fees. 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. How it works: Sellers list sneakers that they want to sell via consignment through Stadium Goods Seller Portal. For vehicles, see our Motors fees. Still, in terms of depth and variety, no one holds a candle to us. 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. GOAT is an online only sneaker site that sells both new and lightly used sneakers. 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. 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. If you run out of free listings, a $0.30 insertion fee is charged when you list an item. The item was purchased for $25 and the partner fee was $2.00. eBay is an online marketplace where users buy and sell products. But, trust us, theres a reason behind the blatant bias and ego. Applications are accepted on a rolling basis and can take days to be processed. As sellers keep a greater portion of each sale, they can charge a lower sticker price, which means sneakers are often below market." EDIT: To clarify, I'm only selling new, unused products. 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. 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. 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'? 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. Newly Improved Ebay & Etsy Import System. However, with the new update, items sold after March 1, 2022, are now 12.9% + $0.30 for every order on most categories. We have come across some oddities which are cause for concern. Is the partner fee basically the eBay fees when an item sells? Reddit and its partners use cookies and similar technologies to provide you with a better experience. Thats why its important to choose the right resale website for selling your clothes and accessories online. There is even a petition on Change.org to reduce the fee to 7.5%. This is a huge advantage for Ebay over Grailed. For listing mainstream brands that are well-known. That said, our team of round the clock moderators and community team are constantly working to ensure that items are received in a timely manner. 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. eBay has 3 types of fees: Final Value Fee, Insertion Fee and Listing Upgrade Fee. 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. Click Here To Try It NowClick Here For Tutorial. There are a number of options to purchase, including a buy now feature or an ask, a binding contract akin to Grailed's "offer" system. Deduction on ebay fee for having an Ebay store(Basic, Premium, and Anchor Stores all charge the same rate). Cons But like the others, those interested in buying and selling may find the platform limiting. Pros Pros Cookies help us customize the PayPal Community for you, and some are necessary to make our site work. 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. For other items that sell, theres a final value fee of two to 12.85 percent depending on the products category. After being the original spot that both collectors and flippers turned to to buy and sell coveted sneakers, eBay became just one of many in the space after platforms like GOAT, StockX and Grailed entered the market. Cons Given our current sneaker climate and demand far outweighing supply, the converse is true as well. Grailed's commission helps us maintain the marketplace to make buying and selling as easy as possible. 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. So it is still worth using Grailed? my hype items never, I think its hard to sell unless you are the lowest priced. 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! Deduction on ebay fee for outstanding seller levels and performance. All Rights Reserved. I need some help please. Submit your case! For those in the New York area, selling requires almost no overhead and is very straightforward. We'll indicate which listings are subject to additional fees on your Account Summary - opens in new window or tab. 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. 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. If you want to sell on Grailed, there is a 9% seller's fee.