Most of my sales are on ebay and luxury (like saint laurent) and hype (supreme) does best there. 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. StockX only allows brand new merchandise, meaning anyone with once-worn or slightly used sneakers is out of luck. 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. Those below pay on a sliding scale, with the highest fees reaching 20 percent. Cons Copyright 1995-2023 eBay Inc. All Rights Reserved. I hope this helps and thank you again for joining the Community! 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. For vehicles, see our Motors fees. According to the website, a grail is "the piece you obsess over but cannot ever find or afford." the more you sell, the less you pay. Does Grailed charge a payment processing fee? Ebay also still has a much bigger user base. Charged whether or not your item sells. Sellers who have a lot of brand new inventory are in luck, however anyone with lightly used goods cannot sell at all, and the additional transaction fees mean that checkout price is often considerably higher than advertised. If you're being charged a partner fee in addition to our fee, then you would need to review the terms and services of what website you use to promote your non-profit organization. As sellers keep a greater portion of each sale, they can charge a lower sticker price, which means sneakers are often below market." I wonder how these made it through the filter if every item is reviewed? 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. PayPal's seller's fee varies and is based on the location of the buyer's billing address. 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. 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. 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. Grailed is the preeminent marketplace for mens fashion and streetwearobviously, that includes sneakers. Pick out what category is your Ebay store. 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. While technically one entity, each still operates independently and are seemingly autonomous. What separates eBay from other sellers is our strong partnerships with other brands. When you create listings or sell items on an international eBay site, eBay may convert your funds to a different currency in order to collect amounts owed by you to eBay, or to payout funds due to you. The fees for these optional listing upgrades vary depending on your item's price and the listing format and duration. How it works:Sellers are responsible for photographing and listing their items to their shop on Etsys marketplace. 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. 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. For those looking for cheap footwear options or shoes below market, GOAT can be difficult. 1999-2023 PayPal, Inc. All rights reserved. For example, while eBay charges around 10% commission, Grailed's selling fees are only 9%, saving you a little money on each sale. Good for selling: Streetwear and sneakers, celebrity collaborations, and collectibles, Popular brands:A Bathing Ape, Cactus Jack, Fear of God, Supreme. 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. You can use the Classified Ad format in the following categories: You can also use Classified Ads for selling Real Estate, but the fees are different see below for more information. If exchange rates are set by law or regulation, the base exchange rate reflects the government reference rates. Those below pay on a sliding scale, with the highest fees reaching 20 percent. So, if you, Charged for the original listing and each time you choose to relist your item, Charged per listing if you create duplicate auction-style listings for identical items. Sneakers are a key area for growth for eBay. The fees and benefits vary depending on the type of Store subscription you choose. Grailed Fees Anyone else flabbergasted at Grailed's fees now? 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. 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. Commission and fees:If your item sells, youll earn 80 percent of the list price. To attract the attention of more buyers, you add the Bold listing upgrade. For other items that sell, theres a final value fee of two to 12.85 percent depending on the products category. Who is this partner? The Best Websites To Buy and Sell Sneakers. For US domestic payments, there is a payment processing fee of 3.49% + .49 USD. After you drop off your sneakers, Flight Club handles the rest as you sit back and get paid. Again, due to a brick and mortar location and warehouse needs, Stadium Goods commands a 20 percent flat commission from every sale, sent once your sneakers have sold. 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. Something went wrong. EDIT: To clarify, I'm only selling new, unused products. Create an account to follow your favorite communities and start taking part in conversations. That said, higher fees and longer wait times make selling on StockX a longer process than competitors. As Flight Club is a true consignor, you are only paid once your sneakers sell. Today, the company sells everything from streetwear to watches and handbags, all of which are in brand new condition. Stadium Goods is a similar experience to many other platforms, offering a wide array of sneakers varying in cost due to size and demand. By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. What are the seller fees? 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. In general, sellers tend to make less money per sale than with competitors. The fee was raised from 6% in August. 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. Related Stories The seller has subsequently added some real photos, but the listing was posted and remained authenticated for two weeks while it only had the stock photos. According to eBay, I was also charge the final value fees as well I feel like BH Im being charged twice. 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. 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. PayPal fees are then added to that. Commission rate. Pros Reddit and its partners use cookies and similar technologies to provide you with a better experience. "by the website an item is sold from".. for me, this is ebay. This does not make any sense. Currently only use ebay, grailed and poshmark. Consensus: While an iconic destination, Flight Club is predominantly a retail experience. E-bay will pull their fees when they invoice me at the end of the month. and our Tip Keep in mind that all these still depend on the subscription model of the seller. Keep reading to find out how you can save time and money using DoNotPay, and check out these articles from the Fight and Waive Fees product series. 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. 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. 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. No. eBays listings allow sellers to specify multiple categories, item specifics, condition, and many other details. Ebay is the most obvious competitor to compare against. 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. Cons You've already used your allocation of zero insertion fee listings this month. Sneaker resellers have more options than ever and between consignment shops and marketplaces, there are countless ways to flip sneakers. Privacy Policy. Pick Up Some of These Gloves First, Tired of Standing? 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. 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. I am scared to list half my inventory because of scammers and eBay's policies. How it works:Prospective sellers need to fill out an application through GOATs app. It seems like no matter what the issue is with the transaction, eBay will always side with the buyer. 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. For listing highly anticipated new releases. The conversion charge is a fixed percentage applied to the base exchange rate and retained by eBay. The first thing you should know is that Grailed does not personally inspect any items. Well discuss authentication in detail below, and we dont have any new major seller features yet. I do best on Ebay. Search "appeal fees" on DoNotPay, choose the Fight and Waive Fees product, and select the type of fee you want to appeal. These platforms have, expanding their internal authentication teams, PFW Briefing: Lanvin digs into archives for partnership with beauty brand Carita, Week in Review: Milan Fashion Week edition, JCPenney kicks off Prabal Gurung collab with a Meatpacking District pop-up, Glossy Pop Newsletter: The Bold Glamour filter and just how far fake beauty can go, Este Lauder Companies Fabrizio Freda ranks second on Overpaid CEOs list. With the ability to buy both new and used sneakers, Grailed has the best prices anywhere. Thanks in advance. That said, some sites work better than others. Grailed's 9% + 2.9% and 30 cent Paypal fee equates to 11.9% + 30 cents. Here's how you can use DoNotPayto appeal fees: Saving time and money has never been so quick and easy. In order to sell, a user must fill out a sell form by finding the product and listing it on the website. It's absolutely terrible for the seller. PirateShipis our suggestion, and they make it easy to ship with USPS or UPS. my hype items never, I think its hard to sell unless you are the lowest priced. Shopping at either the website or brick and mortar locations is reminiscent of a traditional ecommerce or retail experience, respectively. We'll indicate which listings are subject to additional fees on your Account Summary - opens in new window or tab. eBay is an online marketplace where users buy and sell products. The 100 Greatest TV Shows of All Time To list an item, there are 13 required fields, and at least 20 more optional ones. How it works: Sellers are responsible for all listing details, including descriptions and photographs. If youre looking to cop a pair of hyped sneakers online, its great. 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. 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). The move comes as eBay is in the midst of trying to take back its prominence in the world of sneaker resale. These platforms have invested heavily in expanding their internal authentication teams, citing consumer trust as a valuable asset to cultivate. Pros With a big marketing push, StockX has established itself as setting the market rate for many of the most hyped sneakers. EBay said that, while it does not authenticate sneakers, there are a variety of ways to report fakes found on the site. Pay, shop, and do even more on the PayPal app. However, you can also use a third-party shipping site to get the discounted rate, regardless of whether you sell on Ebay or 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. If you're a registered 501(c)(3) non-profit, then our fee is2.2% + $0.30 per transaction. While the fees are a terrible deal for sellers, the lack of protection is bad for victims of fraud. 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. You're selling the latest version of a smartphone in used condition using a 10-day duration. If this post or any other was helpful, please enrich the community by giving kudos or accepting it as a solution. Grailed's commission helps us maintain the marketplace to make buying and selling as easy as possible. - See: Notes for Good Til Cancelled listings, Fees for selling a vehicle on eBay Motors, fee page for your country or region of residence, Commercial, Residential, and Other Real Estate, Auction-style listings 1, 3, 5, 7 and 10-day duration, Fixed price listings Good 'Til Cancelled. Payments are deposited directly into your bank account. Grailed is currently made up of four marketplaces. They usually view the seller as guilty until proven innocent. While Flight Club recommends prices, sellers are allowed to list their own, which means often sneakers are priced above market. Home cleaning often comes with the realization that youve amassed way too much stuff including in your wardrobe. Your Guide to the Best Menswear Fashion Deals, But were not finished. The 500 Greatest Songs of All Time Good for selling:Streetwear and sneakers, Popular brands: Jordan, Nike, Supreme, Off-White, Yeezy. 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. All that said, I doubt Grailed actually offers their own 'protection' in many cases, if at all. Cons When a seller sells something on Grailed, our fee is deducted within the transaction itselfand then Grailed's 6% partner fee is deducted separately. There are no fees for shopping or buying on Grailed. What is Grailed's commission fee used for? Select Clothing, Shoes & Accessories categories: Free if starting price is $150 or more* - See: Notes for Basic fees.
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