https://www.finalfees.com is neither endorsed by nor affiliated with any with them, nor is the accuracy of its results guaranteed. Something went wrong. The bran will store your shoes and sell them on your behalf on its website, retail stores, or other sales channels. I've managed to keep 100% positive feedback, but found myself being forced to bend over backwards for some less than desirable buyers. For those looking for cheap footwear options or shoes below market, GOAT can be difficult. 13.25% if total amount of the sale is less than $150. The Best Websites To Buy and Sell Sneakers. Grailedhas recently faced some backlash from users after raising their fee / commission to 9%. All rights reserved. till you get on grailedyou just wait. 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. The platform uses PayPal to process payments, so you will have to pay a PayPal seller's feeas well. Enter the tax percentage you are charged. For select categories, eBay also allows online escrow services, checks, money orders, and bank-to-bank transfers. It seems like no matter what the issue is with the transaction, eBay will always side with the buyer. In order to sell, a user must fill out a sell form by finding the product and listing it on the website. Like Flight Club, Stadium Goods lets consigners set their own prices, however works with them in order to try and match market cost. Does Grailed charge a payment processing fee? All Rights Reserved. Pros 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. Ebay also still has a much bigger user base. By accepting all cookies, you agree to our use of cookies to deliver and maintain our services and site, improve the quality of Reddit, personalize Reddit content and advertising, and measure the effectiveness of advertising. And what are the best ways to make sure you get the most money back from your unworn wares? Privacy Policy. eBay Cracks Down on Sneaker Counterfeits With Authenticity Guarantee Program . There is even a petition on Change.org to reduce the fee to 7.5%. The short explanation is: both eBay fees and Mercari fees are roughly 13 percent. 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. 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. Once you actually sell an item, GOAT (like StockX) sends you a prepaid shipping label to send the sneakers to an authentication center. By looking at our internal data, we believed this to be the optimal number to entice more sellers, knowing they will be able to sell at a faster rate while continuing to make a profit, and also offer buyers the pieces they desire at an attractive price, Bittner said, noting that sales of lower-priced items nearly tripled after the change was enacted. (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). eBay offers competitive selling fees. How it works: Sellers list sneakers that they want to sell via consignment through Stadium Goods Seller Portal. 2 4 4 comments Best Add a Comment 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. A dialog will open as you type your search terms. 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? With the ability to buy both new and used sneakers, Grailed has the best prices anywhere. Otherwise, we charge a notice fee, whether or not you carry out the sale with the buyer. As time goes on and deadstock supply declines, this tends to put upward pressure on resale prices. Do you know who does not physically authenticate ANY items? But, if you are willing/can afford losing an item, it's useful for a few extra sales imo. 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. Good for selling:Vintage and new clothing, sneakers, collectibles, music memorabilia, Popular brands:Jordan, Yeezy, Nike, Adidas, New Balance. Etsy also offers tools to help sellers manage and promote their online businesses, and Etsy lets you take advantage of shipping discounts. Cons Reddit and its partners use cookies and similar technologies to provide you with a better experience. The website offers a traditional retail experience, with worldwide shipping and simple buying mechanics, search functionality and so forth. For mens athletic shoes, theres no final value fee if the pair sells for $100 or more. New to the community? Free for many users to make an account, Grailed offers low fees for sellers. Pros 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? 37 19 19 comments Best Add a Comment Cons 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. 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 higher of the two final value fees is charged, if your item sells, Reserve price 8% if total amount of the sale is $150 or more. For those in the New York area, selling requires almost no overhead and is very straightforward. I need some help please. 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. Heres another we randomly came across, nearly a year after this article was originally written. 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. Prices are generally fairhigher than other sites, thoughand the shopping process is relatively simple, granted the stock system is at times convoluted. Unfortunate. Select the payment method you received based on buyer's location. Cons For those searching for mainstream new or lightly used sneakers, GOAT is a solid place to buy. 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. For sellers, GOAT is not an ideal website. Shipping is a flat fee, so prices are relatively straightforward. 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. Here is one of many Travis Scott burgers from McDonalds we saw posted when it was first released. For our community of sneakerheads, eliminating selling fees allows them to turn their sneakers into more cash to fund future purchases, and results in a more robust sneaker inventory for shoppers everywhere, said Jeff Chan, head of mens footwear and apparel at eBay. Pick out what category is your Ebay store. By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. Flight Club operates under a traditional consignment model. Cookies help us customize the PayPal Community for you, and some are necessary to make our site work. How it was possibly authenticated is beyond comprehension. Send us a tip using our anonymous form. According to eBay, I was also charge the final value fees as well I feel like BH Im being charged twice. * 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. There are no fees for shopping or buying on Grailed. 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. Select Others if not listed. 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. Is it better than nothing? EDIT: To clarify, I'm only selling new, unused products. Cons Sold an item for 220 bucks - they charged tax (automatically not something I asked for) and the partner fee was 50 bucks. While Flight Club has almost every new release you may be searching for, older modelswhich are more difficult to authenticateare often not available. eBay was founded in 1995, and it definitely shows in the user interface. If your registered address is in the US, the seller currency conversion charge applied and retained by eBay is 3%. 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Many Grailed users are very upset about the fee increase and want to know how to fight or waive the fee. That said, higher fees and longer wait times make selling on StockX a longer process than competitors. 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. Grailed is a popular marketplace that is known for menswear! Charged per listing and per category. Sellers also like using StockX because it offers anonymity, and they can sell to buyers in over 200 countries and territories around the world. While technically one entity, each still operates independently and are seemingly autonomous. As sellers keep a greater portion of each sale, they can charge a lower sticker price, which means sneakers are often below market." 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 . Newly Improved Ebay & Etsy Import System. 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. Ebay is the most obvious competitor to compare against. Those below pay on a sliding scale, with the highest fees reaching 20 percent. Please keep in mind that not all optional listing upgrades are available with every listing tool and not all optional listing upgrades may be displayed across all our sites, services, applications, and tools. 20% difference. Here is an overview of fees, credits, and invoices on eBay. Deduction on ebay fee for outstanding seller levels and performance. Its terribly misleading to potential buyers and a real shame if the cost of this service contributed to them deciding to increase their fee. Get news and analysis about fashion, beauty and culture delivered to your inbox every morning. Commission and fees:If your item sells, youll earn 80 percent of the list price. no need to bend over backwards when you loose out on your item and money. What separates eBay from other sellers is our strong partnerships with other brands. All that said, I doubt Grailed actually offers their own 'protection' in many cases, if at all. Ebay takes all their fees in other ways so this is not coming from ebay and ebay directs me to paypal. Grailed claims to offer their own protection which I have yet to hear any testimonials about, just constant copy pasta from Grailed staff. Click Here To Try It NowClick Here For Tutorial. Final value fee (13.25% of $7,500, + 2.35% of $2,570, + $0.30). They usually view the seller as guilty until proven innocent. I hope this helps and thank you for joining the Community! DoNotPay will generate the best argument for your case and make sure your fee waiver request gets sent to the merchant for processing. 1999-2023 PayPal, Inc. All rights reserved. When a seller sells something on Grailed, our fee is deducted within the transaction itselfand then Grailed's 6% partner fee is deducted separately. A listing upgrade fee is charged with any additional upgrades to your listing, such as extra categories or bolded titles. For more information, please see our Enter the total amount sold before fees & excluding shipping charges. 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. 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. eBays listings allow sellers to specify multiple categories, item specifics, condition, and many other details. 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. The item was purchased for $25 and the partner fee was $2.00. In both cases, you're eligible for Paypal protection, which is what you seem to have an issue with. You make $8,441.20, or approximately 89% of the sale price, not including shipping costs. StockX acts as the middleman, meaning once your sneakers sell and you ship them to a StockX warehouse you are paid out. If you use the Classified Ad format, scheduling a listing will cost $0.10. Worth noting, on any site your likelihood of being scammed increases if you're selling hype items that appeal to a younger audience. 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. Currently, eBay accounts pay for any final value fee between 3.5% to 12.55%, with the addition of $0.30 per order across most categories. After you drop off your sneakers, Flight Club handles the rest as you sit back and get paid. Consensus: While an iconic destination, Flight Club is predominantly a retail experience. Grailed additionally allows you to sell used sneakers as well, unlike competitors who only allow brand new ("deadstock") sneakers on site. You can enhance your listings to help make them stand out by adding certain features, such as a subtitle, or bold font. 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. Those below pay on a sliding scale, with the highest fees reaching 20 percent. The products work across all products and services in every city and state. help me please as this does not seem right. If your category is not listed this means no additional deduction is given. Fortunately, selling fees on Grailed are slightly lower than many other large selling sites such as eBay. Fees for Real Estate listings include an insertion fee, a notice fee, and fees for any optional listing upgrades you choose. Browse the most sought after Ebay clothing including Short Sleeve T-Shirts, Light Jackets, Hats, & more. Commission and selling fees : For sellers listing 200 items or less, eBay does not charge an insertion or listing fee.
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