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. If you run out of free listings, a $0.30 insertion fee is charged when you list an item. The first thing you should know is that Grailed does not personally inspect any items. Flight Club only deals in new sneakers. Our commission fee ensures that we can maintain a curated marketplace as well as develop new tools and features for both buying and selling on Grailed. PayPal fees for transactions within the United States are 2.9 percent plus $0.30 per transaction, while.
Ebay | Grailed What are the seller fees? Flight Club is a true retailer, and since all product is onsite in either a store or a warehouse, turnaround times are quick. Even though I've listed items plenty of times, I still make mistakes. 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. © 2023 Copyright Finalfees. For vehicles, see our Motors 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. How it works: Sellers are responsible for all listing details, including descriptions and photographs. GOAT is an online only sneaker site that sells both new and lightly used sneakers. 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! To support this change and bring more attention to its sneaker category, eBay began dropping a new colorway of the Yeezy 700 for below the retail price every day since Tuesday. If you sign the petition, there may be a chance of getting the fee reduced. The $0.30 per order is not charged. GOAT is significantly more complex for sellers than other platforms. And were still not done. eBay is an online marketplace where users buy and sell products.
What are the fees? - Grailed Grailed puts your grail within reach. When the petition has gained enough attention, the platform may reevaluate the fee. eBay has 3 types of fees: Final Value Fee, Insertion Fee and Listing Upgrade Fee. Sellers also like using StockX because it offers anonymity, and they can sell to buyers in over 200 countries and territories around the world. If you purchase an independently reviewed product or service through a link on our website, Rolling Stone may receive an affiliate commission. That said, if youre looking to enter the resell game, GOAT may prove difficult.
Selling on Mercari vs. Selling on eBay - Vendoo In both cases, you're eligible for Paypal protection, which is what you seem to have an issue with. Enter the tax percentage you are charged. But, if you are willing/can afford losing an item, it's useful for a few extra sales imo. StockX is less straightforward than competitors. The fees and benefits vary depending on the type of Store subscription you choose. Enter the total amount charged for shipping to buyer. 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'? EBay typically charges around 10% of the items sale value, with variations based on the product sold and the sellers account tier. By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. Real Estate listings can be auction-style, fixed price, or in the Classified Ad format. If eBay converts your funds, the conversion will be completed at the transaction exchange rate we set for the relevant currency exchange. Pros We hate to say it, but if youre looking to buy or sell rare or vintage sneakers, theres no better place than Grailed. Similar to Flight Club, Stadium Goods is a consigner that has a significant online presence. Unfortunate.
Consensus: From a buyers perspective, GOAT is great. Fees: Grailed takes 6 percent as a commission. After the center verifies the item, your funds are released and are available as Credits. In order to cash out, an additional 2.9 percent fee is applied, meaning in order for you funds to hit you bank or PayPal account theres a minimum 12.4 percent fee plus an additional $5 minimum charge. 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. Pros
Partner Fees?! : r/Grailed - Reddit Solved: Partner fee - PayPal Community To list an item, there are 13 required fields, and at least 20 more optional ones. Your Guide to the Best Menswear Fashion Deals, But were not finished. For those looking to sell, you can either sign up on the Flight Club website and ship your sneakers to either the LA or NYC location, or choose to drop off the sneakers in store if you're local. So it is still worth using Grailed?
Sneaker Reselling Sites: A Roundup | Highsnobiety Charged per listing and per category. Etsy also offers tools to help sellers manage and promote their online businesses, and Etsy lets you take advantage of shipping discounts. Final value fee (13.25% of $7,500, + 2.35% of $2,570, + $0.30). Grailed by the numbers. Commission and selling fees : For sellers listing 200 items or less, eBay does not charge an insertion or listing fee.
The Best Alternatives for Depop (2022) - SellerAider Once the item sells, the user ships it to an authentication center, or drops it off at one of only a handful physical locations. Grailed additionally allows you to sell used sneakers as well, unlike competitors who only allow brand new ("deadstock") sneakers on site. Press question mark to learn the rest of the keyboard shortcuts. Cookies help us customize the PayPal Community for you, and some are necessary to make our site work. For listing highly anticipated new releases. Grailed is a popular marketplace that is known for menswear! If you run out of free listings, a $0.30 . For buyers it is straightforward, however for sellers the high commission can eat away at profits. Here are a few options to try. I agree that Paypal protection can be one sided. 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. Then why this "Partner" is charging us? Click Here To Try! 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. Tags: jordan-brand, yeezy, adidas, nike, grailed, streetwear, resell, sneakers. 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. grailed is easier to use for the most part and fees are either on par or lower. 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 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. Popular brands:Nike, Louis Vuitton, Visvim, Levis, Raf Simons, Good for selling:Luxury menswear, streetwear, and sneakers. 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? Whats great about the resale platform is that it offers real-time pricing data and buyers can see the price history of specific items. The move comes as eBay is in the midst of trying to, Sneakers are a key area for growth for eBay. PayPal fees are then added to that. Browse the most sought after Ebay clothing including Short Sleeve T-Shirts, Light Jackets, Hats, & more. Of course there would also be the operation cost of investigating the case themselves. ABOUT EBAY FEES. The site claims the increase was to improve the marketplace experience for all users. Pros Seller fees. Thanks in advance. This means that a seller could easily use photos of a legit item but ship you a fake. 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. Pros A bustling thoroughfare of designer goods. PayPal's seller's fee varies and is based on the location of the buyer's billing address. Plus, StockX physically authenticates every pair of shoes that gets sold on the platform. All Rights Reserved. My currency is set to sek both on website and on paypal. Once rivals in the space, early last year GOAT and consignment shop Flight Club merged into one company. Its terribly misleading to potential buyers and a real shame if the cost of this service contributed to them deciding to increase their fee. Grailed offers the lowest fees of any platform around at just nine percent (plus Paypal fees). 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. There is even a petition on Change.org to reduce the fee to 7.5%. 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. Pros This is just speculation, but I'm guessing they'd pay out of their own pocket if they disagree with paypal in a case. 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. The wesite I sold my record from charges 200 sek for that but but Paypal made it 250 sek. Pros Most categories, including Music > Vinyl Records and eBay Motors > Parts & Accessories, Automotive Tools & Supplies, and Safety & Security Accessories. If exchange rates are set by law or regulation, the base exchange rate reflects the government reference rates. Commission and fees:Listing fee of 20 cents, five percent transaction fee, payment processing fee of three percent plus 25 cents. Send us a tip using our anonymous form. 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. 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. Currently only use ebay, grailed and poshmark. There are a lot of optionsthough primarily newer releases and ultra-expensive grailsand buying is very straightforward, tax is even included! There are no fees for shopping or buying on Grailed. For those searching for mainstream new or lightly used sneakers, GOAT is a solid place to buy. 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. For anyone not in the New York area, Stadium Goods requires you to set up a seller profile and communicate online with its internal sales team, creating a bar to entry. The site claims the increase was to improve the marketplace experience for all users. GOAT focuses exclusively on footwear, predominantly recent drops and noteworthy collaborations. Home cleaning often comes with the realization that youve amassed way too much stuff including in your wardrobe. Select the payment method you received based on buyer's location. - 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. Getting paid: Youll be notified via email if your item sells, and you can then request a direct deposit payment (which takes three to five business days to process) to your bank account. You're selling a trading card for $9,500 with free shipping. 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. I've managed to keep 100% positive feedback, but found myself being forced to bend over backwards for some less than desirable buyers.
Poshmark Vs. eBay Vs. Depop: The Ultimate Resale Site Showdown Cons I was wondering if Grailed has a similar side with the buyer no matter what policy or if they actually value their sellers.
I hope this helps and thank you for joining the Community! Consensus: While an iconic destination, Flight Club is predominantly a retail experience. 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. Thank you so much for joining thePayPal Community, and I'm so sorry that the community was not able to answer your question. For those in the New York area, selling requires almost no overhead and is very straightforward. EDIT: To clarify, I'm only selling new, unused products. Lastly, our offer system allows you to directly negotiate with a seller to work towards an ideal price. Cons Free for many users to make an account, Grailed offers low fees for sellers. The short explanation is: both eBay fees and Mercari fees are roughly 13 percent. Grailed is free for buyers and sellers pay a low commission fee. When a seller sells something on Grailed, our fee is deducted within the transaction itselfand then Grailed's 6% partner fee is deducted separately. It's a pretty common practice for most selling services because it allows them to deduct their fee with each item sold instead of a separate billing. 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. Stadium Goods is a similar experience to many other platforms, offering a wide array of sneakers varying in cost due to size and demand. eBay Cracks Down on Sneaker Counterfeits With Authenticity Guarantee Program So if you take the Sold price - Shipping (Grailed Label) - Grailed Fee - Paypal Fee = $434.09 Your ultimate amount released to your Paypal Account. 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. 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. 2 4 4 comments Best Add a Comment 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. They do not make it clear what percentage of items are reviewed by humans, or how they determine which items to tag Digitally Authenticated, but they do claim every item is reviewed. Here's how you can use DoNotPayto appeal fees: Saving time and money has never been so quick and easy. 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. For US domestic payments, there is a payment processing fee of 3.49% + .49 USD. They usually view the seller as guilty until proven innocent. View cart for details. Read more about our, Charged only once per listing for listings with multiple items. 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) 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. Pick Up Some of These Gloves First, Tired of Standing? Insertion fees for Classified Ads are $9.95 for a 30-day listing and there are no final value fees. 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. 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. Between raffles, bots and surprise drop dates, managing to score the sneakers you actually want is more difficult than ever. EDIT: To clarify, I'm only selling new, unused products.
PayPal collected their fee .80 and pulled the $1.16 to pay the sales tax. (Read our review about how to buy/sell sneakers on eBay here). Enter the promotion percentage you are charged. Donating your closet castoffs is one option, but you can also try to get a decent return on your sartorial investment by selling your unworn or gently-used merch online. The catalogue is similar to many competitors, and like many others only deals in brand new merchandise. Click Here To Try It NowClick Here For Tutorial. Newly Improved Ebay & Etsy Import System. 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. The 100 Best Albums of 2022. The bran will store your shoes and sell them on your behalf on its website, retail stores, or other sales channels. Is it better than nothing? Growing the Grailed community to foster a .
eBay's 2022 Seller Price Increases and Fees - OneShop EBay drops all sneaker selling fees to compete with GOAT, StockX Those below pay on a sliding scale, with the highest fees reaching 20 percent. eBay was founded in 1995, and it definitely shows in the user interface. 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. Thanks in advance. The higher the price premium, the bigger the hype.. eBay's selling fees are dependent upon your membership, your store status (subscription), the item, and the payment method, but they might include an insertion fee . Sold an item for 220 bucks - they charged tax (automatically not something I asked for) and the partner fee was 50 bucks. The site offers almost zero protection and all fraud cases are first worked through PayPal. Press J to jump to the feed. For more information, please see our The fee was raised from 6% in August. Free for many users to make an account, Grailed offers low fees for sellers. Once youre approved, GOAT assigns each seller a seller score, which begins at 90. Sneakers are a key area for growth for eBay. It seems like no matter what the issue is with the transaction, eBay will always side with the buyer. The website offers a traditional retail experience, with worldwide shipping and simple buying mechanics, search functionality and so forth. Listing items is not for the faint of heart. One of the first sneaker consignment shops, Flight Club transformed from a simple retailer to a powerful online sneaker buying and selling platform. Grailed is the preeminent marketplace for mens fashion and streetwearobviously, that includes sneakers. Those below pay on a sliding scale, with the highest fees reaching 20 percent. We have come across some oddities which are cause for concern. It was raised on August 12th, 2020 from 6%. 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. Auto-suggest helps you quickly narrow down your search results by suggesting possible matches as you type. The main reason users are so upset is because they feel like there was no warning. my hype items never, I think its hard to sell unless you are the lowest priced. Deduction on ebay fee for having an Ebay store(Basic, Premium, and Anchor Stores all charge the same rate). You make $343.17, or approximately 86% of the sale price, not including shipping costs. 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. For comparison, StockX brought in about $700 million last year, though that includes its other categories, which make up a smaller portion of . Be sure to also check out any relevant payment processing fees that may apply to your transaction. 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. Pros According to the website, a grail is "the piece you obsess over but cannot ever find or afford." As the authoritative mens clothing marketplace, we know a thing or two about buying and selling, and we ranked the best places across the web to buy and sell sneakersincluding ourselves of course! If you have already completed the transaction, you can contact customer service and request the fee be refunded. 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. We do not sell items on paypaal, or paypal doe not do any advertisement for our items or no other paypal partner works for us. As such, we included them separately. These listings count towards your monthly zero insertion fee listings. Cons 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. 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. 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. help me please as this does not seem right. 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. All Rights reserved. StockX acts as the middleman, meaning once your sneakers sell and you ship them to a StockX warehouse you are paid out. Reserve price in select Business & Industrial categories: International site visibility for auction-style listings, International site visibility for fixed price listings. This article will discuss how you may be able to fight or waive fees when selling on the Grailed marketplace and anywhere else you do business. . While Flight Club recommends prices, sellers are allowed to list their own, which means often sneakers are priced above market. eBay has 3 types of fees: Final Value Fee, Insertion Fee and Listing Upgrade Fee. no need to bend over backwards when you loose out on your item and money. Thats less than half a percent difference, in favor of Grailed. Since Flight Club is still technically a brick and mortar store, prices tend to be a bit steeperthey have to cover rent and inventory. 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. The move comes as eBay is in the midst of trying to take back its prominence in the world of sneaker resale. While technically one entity, each still operates independently and are seemingly autonomous.