grailed fees vs ebay fees

EDIT: To clarify, I'm only selling new, unused products. eBay's transaction exchange rate is composed of a base exchange rate plus a conversion charge. (Read our review about how to buy/sell sneakers on eBay here). Does Grailed charge a payment processing fee? The fee is around 2.9% domestic and around 4.4% international. Lets start with the obvious, that 9% fee. 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. Between fees, rolling admission and turn around time, as a new seller you may have missed the boat. On top of the fee structure, each sale invokes an additional flat region-dependent tax that ranges from $5-$30. Whats great about the resale platform is that it offers real-time pricing data and buyers can see the price history of specific items. Between raffles, bots and surprise drop dates, managing to score the sneakers you actually want is more difficult than ever. 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. For example, if your registered address is in the US and you create a listing on eBay.de for which fees are due (such as insertion and/or optional listing upgrade fees), eBay will convert your funds from USD to EUR using the transaction exchange rate applicable at the time of listing, in order to collect these fees. If your registered address is in the US, the seller currency conversion charge applied and retained by eBay is 3%. The item sells immediately for the Buy It Now price of $400. Cons Enter the total amount charged for shipping to buyer. If there is a good reason for the request, you may be able to get a refund. 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. Please read our Community Rules and Guidelines, Pay, shop, and do even more on the PayPal appGet the App. The self-described stock market of things StockX began as a marketplace to determine the actual aftermarket value of hyped sneakers. Most of my sales are on ebay and luxury (like saint laurent) and hype (supreme) does best there. 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. Enter the tax percentage you are charged. 1, 3, 5, 7, or 10-day listing (1 and 3-day auction-style listings cost an additional $1). For sellers, GOAT is not an ideal website. The main reason users are so upset is because they feel like there was no warning. What separates eBay from other sellers is our strong partnerships with other brands. eBays listings allow sellers to specify multiple categories, item specifics, condition, and many other details. GOAT is an online only sneaker site that sells both new and lightly used sneakers. We don't sell things, we only receive donations, yet some unknown partner is getting money that should be going to the non-profit. All you have to do is connect with your eBay account and that's it. Create an account to follow your favorite communities and start taking part in conversations. While technically one entity, each still operates independently and are seemingly autonomous. You can now calculate hundreds of your sold listings in a heartbeat with all the eBay & Paypal fees without having to do a thing! Pros When a seller sells something on Grailed, our fee is deducted within the transaction itselfand then Grailed's 6% partner fee is deducted separately. 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. PayPal collected their fee .80 and pulled the $1.16 to pay the sales tax. 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.). Pros For listing high-quality goods that are coveted. 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. * 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. 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. This is just speculation, but I'm guessing they'd pay out of their own pocket if they disagree with paypal in a case. But eBay, in a play to siphon sellers from other players in the sneaker resale space, has dropped selling fees for sneakers entirely. Cons 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. Shipping is a flat fee, so prices are relatively straightforward. The Best Websites To Buy and Sell Sneakers. Thats why its important to choose the right resale website for selling your clothes and accessories online. This fee is calculated as a percentage of the total amount of the sale, plus $0.30 per order. 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. How it works: Sellers are responsible for all listing details, including descriptions and photographs. Okay, we knowwere putting ourselves at the top of the list. Even though I've listed items plenty of times, I still make mistakes. For international payments, there is a payment processing fee of 4.99% + .49 USD. 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. 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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. . Grailed Has FAILED. - The Hundreds eBay was founded in 1995, and it definitely shows in the user interface. With their new Managed Payments format, that number will now be 12.35% + 30 cents. 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. How does eBay compare to Grailed? : r/Grailed - Reddit A bustling thoroughfare of designer goods. Read more about, 13.25% on total amount of the sale up to $7,500 calculated per item, 2.35% on the portion of the sale over $7,500, 14.95% on total amount of the sale up to $7,500 calculated per item, 13.25% if total amount of the sale is $7,500 or less, calculated per item, 7% if total amount of the sale is over $7,500, calculated per item, 15% if total amount of the sale is $2,000 or less, calculated per item, 9% if total amount of the sale is over $2,000, calculated per item, 15% if total amount of the sale is $5,000 or less, calculated per item, 9% if total amount of the sale is over $5,000, calculated per item, 15% on total amount of the sale up to $1,000 calculated per item, 6.5% on the portion of the sale over $1,000 up to $7,500 calculated per item, 3% on the portion of the sale over $7,500, 3% on total amount of the sale up to $15,000 calculated per item, 0.5% on the portion of the sale over $15,000, 6.35% on total amount of the sale up to $7,500 calculated per item, 8% if total amount of the sale is $150 or more. For vehicles, see our Motors fees. The item was purchased for $25 and the partner fee was $2.00. eBay Cracks Down on Sneaker Counterfeits With Authenticity Guarantee Program 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. For a monthly subscription, you can run your own eBay Store. It was raised on August 12th, 2020 from 6%. Heres another we randomly came across, nearly a year after this article was originally written. 10 people found this solution to be helpful. 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. EDIT: To clarify, I'm only selling new, unused products. This means that a seller could easily use photos of a legit item but ship you a fake. Today, the company sells everything from streetwear to watches and handbags, all of which are in brand new condition. 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. While the fees are a terrible deal for sellers, the lack of protection is bad for victims of fraud. Like Flight Club, Stadium Goods lets consigners set their own prices, however works with them in order to try and match market cost. Tags: jordan-brand, yeezy, adidas, nike, grailed, streetwear, resell, sneakers. For those searching for mainstream new or lightly used sneakers, GOAT is a solid place to buy. https://www.finalfees.com is neither endorsed by nor affiliated with any with them, nor is the accuracy of its results guaranteed. 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's 9% + 2.9% and 30 cent Paypal fee equates to 11.9% + 30 cents. 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. Cons Graileds 9% + 2.9% and 30 cent Paypal fee equates to 11.9% + 30 cents. StockX acts as the middleman, meaning once your sneakers sell and you ship them to a StockX warehouse you are paid out. Growing the Grailed community to foster a . You're selling the latest version of a smartphone in used condition using a 10-day duration. 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. The amount you pay depends on the listing package you choose Basic, Premium, or Plus. 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. 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. Do you have an eBay Store or want to sell vehicles? 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. How to Get Your Grailed Fees Waived Effortlessly. The site offers almost zero protection and all fraud cases are first worked through PayPal. As such, we included them separately. If you love high-end designer men's fashion but thought you couldn't afford it, then Grailed is the place for you. 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 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. EBay typically charges around 10% of the items sale value, with variations based on the product sold and the sellers account tier. Ebay | Grailed The Grailed marketplaceallows people to sell men's clothes, shoes, and accessories from high-end designers. 2023 Digiday Media. For comparison, StockX brought in about $700 million last year, though that includes its other categories, which make up a smaller portion of . 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. The catalogue is similar to many competitors, and like many others only deals in brand new merchandise. How it works:Prospective sellers need to fill out an application through GOATs app. For comparison, StockX brought in about, 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. The 100 Greatest TV Shows of All Time Is the Grailed Authentication process good? For sneakers, there is no authentication process in place like the robust processes that StockX or GOAT have. till you get on grailedyou just wait. They usually view the seller as guilty until proven innocent. Calculate USA eBay Paypal Fee Calculator & Spreadsheet - FinalFees A listing upgrade fee is charged with any additional upgrades to your listing, such as extra categories or bolded titles. Once you factor in PayPal fees, Grailed becomes a problem. The 500 Greatest Songs of All Time I agree that Paypal protection can be one sided. Those below pay on a sliding scale, with the highest fees reaching 20 percent. 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. Ebay has been charging a 10% fee for quite a while, and Paypal charges 2.9% + 30 cents per transaction = 12.9% + 30 cents. For men's athletic shoes, there's no final value fee if the pair sells. Ebay also still has a much bigger user base. Poshmark Vs. eBay Vs. Depop: The Ultimate Resale Site Showdown Click Here To Try It NowClick Here For Tutorial. A comparison of marketplace fees on eBay, Poshmark, Mercari, Etsy, Facebook Marketplace and more. How can i find who is taking this money out of my account. Privacy Policy. As of now, Stadium Goods does not allow consignors to drop off streetwear, despite the fact it sells it. All of the products offered by DoNotPaywill save your time and money wherever you are and wherever you do business. An order is defined as any number of items purchased by the same buyer at checkout with the same shipping method. If this post or any other was helpful, please enrich the community by giving kudos or accepting it as a solution. 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. 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. If exchange rates are set by law or regulation, the base exchange rate reflects the government reference rates.

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