Search "appeal fees" on DoNotPay, choose the Fight and Waive Fees product, and select the type of fee you want to appeal. It was raised on August 12th, 2020 from 6%. The online marketplace exclusively for high-end men's designer clothes is Grailed. no need to bend over backwards when you loose out on your item and money. The site claims the increase was to improve the marketplace experience for all users. (Read our review about how to buy/sell sneakers on eBay here). I've managed to keep 100% positive feedback, but found myself being forced to bend over backwards for some less than desirable buyers. Between raffles, bots and surprise drop dates, managing to score the sneakers you actually want is more difficult than ever. PirateShipis our suggestion, and they make it easy to ship with USPS or UPS. Unlike other websites, GOAT functions differently as it is predominantly geared towards buyers. Lastly, our offer system allows you to directly negotiate with a seller to work towards an ideal price. Given our industry low fee structure, sneakers are legitimately cheaper on Grailed. The site offers almost zero protection and all fraud cases are first worked through PayPal. 37 19 19 comments Best Add a Comment The item was purchased for $25 and the partner fee was $2.00. Cons The website offers a traditional retail experience, with worldwide shipping and simple buying mechanics, search functionality and so forth. Like Flight Club, Stadium Goods lets consigners set their own prices, however works with them in order to try and match market cost. For those looking for cheap footwear options or shoes below market, GOAT can be difficult. 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. If your category is not listed this means no additional deduction is given. But eBay, in a play to siphon sellers from other players in the sneaker resale space, has dropped selling fees for sneakers entirely. 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. Enter the total amount charged for shipping to buyer. Ebay has been charging a 10% fee for quite a while, and Paypal charges 2.9% + 30 cents per transaction = 12.9% + 30 cents. Good for selling: New, unused good condition sneakers, Popular brands:Adidas, Jordan, Nike, Yeezy. Newly Improved Ebay & Etsy Import System. The item sells immediately for the Buy It Now price of $400. 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. Pick Up Some of These Gloves First, Tired of Standing? 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. 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. For its service, Flight Club charges a 20 percent flat rate fee on every pair of sneakers solda hefty price compared to competitors. For mens athletic shoes, theres no final value fee if the pair sells for $100 or more. Real Estate listings can be auction-style, fixed price, or in the Classified Ad format. Good for selling:Vintage and new clothing, sneakers, collectibles, music memorabilia, Popular brands:Jordan, Yeezy, Nike, Adidas, New Balance. For sellers, Grailed feeshave gone up to 9%. Reserve price in select Business & Industrial categories: International site visibility for auction-style listings, International site visibility for fixed price listings. 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. 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. 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. Do you have an eBay Store or want to sell vehicles? https://www.finalfees.com is neither endorsed by nor affiliated with any with them, nor is the accuracy of its results guaranteed. Thats less than half a percent difference, in favor of Grailed. Pick out what category is your Ebay store. Who is this partner? Commission and fees:Listing fee of 20 cents, five percent transaction fee, payment processing fee of three percent plus 25 cents. . Keep in mind that all these still depend on the subscription model of the seller. 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. Graileds digital moderators authenticate all items before they hit the marketplace, and the platform will also notify sellers if potential buyers ask questions or submit offers on items. All you have to do is connect with your eBay account and that's it. The retail experience is relatively straightforward and all items are authenticated in-house at one of StockX's warehouses around the world. Flight Club is a true retailer, and since all product is onsite in either a store or a warehouse, turnaround times are quick. 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. For US domestic payments, there is a payment processing fee of 3.49% + .49 USD. The 200 Greatest Singers of All Time Is it better than nothing? No. Even though I've listed items plenty of times, I still make mistakes. Enter the total amount charged for shipping to buyer. Upgrades you have selected for your listing. 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. If your item sells, youll receive a pre-paid shipping label and your item will be authenticated before its shipped to the seller. Free for many users to make an account, Grailed offers low fees for sellers. 8% if total amount of the sale is $150 or more. Tags: jordan-brand, yeezy, adidas, nike, grailed, streetwear, resell, sneakers. Cons Enter the total amount sold before fees & excluding shipping charges. eBay has 3 types of fees: Final Value Fee, Insertion Fee and Listing Upgrade Fee. What is Grailed's commission fee used for? As sellers keep a greater portion of each sale, they can charge a lower sticker price, which means sneakers are often below market." Go to your, If your rate of 'Item not as described' return requests is evaluated in your. For popular sneakers, they almost always have stock. 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. Grailed is a popular marketplace that is known for menswear! Youll get paid through PayPal and use the payment platform to print a shipping label. 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.). https://www.finalfees.com is neither endorsed by nor affiliated with any with them, nor is the accuracy of its results guaranteed. A listing upgrade fee is charged with any additional upgrades to your listing, such as extra categories or bolded titles. Pros For each time a transaction is made grailed takes a 9% commission of the sold price plus Paypal fees. Is the Grailed Authentication process good? Buying sneakersnew or otherwisecan be a challenge. 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. 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. For that reason, there are other better alternatives. Copyright 2023 Penske Business Media, LLC. Fee amounts are based on the terms in effect when the listing goes live and when it renews. On eBay, top sneaker stores like Stadium Goods are always open to a global audience across every time zone, so you can check out their eBay store to browse and buy the latest must-haves.. 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. You make $343.17, or approximately 86% of the sale price, not including shipping costs. Getting paid:Once your item sells, youll receive payment through PayPal. Good for selling:Streetwear and sneakers, Popular brands: Jordan, Nike, Supreme, Off-White, Yeezy. But, trust us, theres a reason behind the blatant bias and ego. Cons Getting paid:Etsys secure payment system allows sellers to accept credit and debit cards, Apple Pay, Etsy gift cards, Google Wallet, and PayPal. 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! PayPal fees for transactions within the United States are 2.9 percent plus $0.30 per transaction, while. This means that a seller could easily use photos of a legit item but ship you a fake. The move comes as eBay is in the midst of trying to take back its prominence in the world of sneaker resale. The total amount of the sale is $10,070 (includes 6% sales tax). If you're a registered 501(c)(3) non-profit, then our fee is2.2% + $0.30 per transaction. 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) 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. A comparison of marketplace fees on eBay, Poshmark, Mercari, Etsy, Facebook Marketplace and more. When you set your price for an item, it should account for shipping and a 9% commission for Grailed. Another (Celine) Portrait: See Bob Dylan in Fashion Brand's Latest 'Performer' Series. 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. Pay, shop, and do even more on the PayPal app. 9%. The amount you pay depends on the listing package you choose Basic, Premium, or Plus. 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. I need some help please. 20% difference. 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. 2 4 4 comments Best Add a Comment Competing on selling fees is also important since eBay does not compete with other resellers on authentication. Grailed is an online fasion marketplace focused on vintage, high-end, and popular street brands such as, Champion, Nike or Gucci. Kidizen Selling Fees: Kidizen selling fees are 12% + $0.50 of the sale price. Home cleaning often comes with the realization that youve amassed way too much stuff including in your wardrobe. I do best on Ebay. 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. The short explanation is: both eBay fees and Mercari fees are roughly 13 percent. That's less than half a percent difference, in favor of Grailed. For comparison, StockX brought in about $700 million last year, though that includes its other categories, which make up a smaller portion of . View cart for details. 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. But heres the kicker; Ebay offers discounted shipping labels. Cons If exchange rates are set by law or regulation, the base exchange rate reflects the government reference rates. 10 people found this solution to be helpful. If you have already completed the transaction, you can contact customer service and request the fee be refunded. Why am i paying 11 partners fee for a 36 order? However, you can also use a third-party shipping site to get the discounted rate, regardless of whether you sell on Ebay or Grailed. 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. 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. 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. You can now import hundreds of your sold listings in a heartbeat with all the fees & profits without having to do a thing! When you set your price for an item, it should account for shipping and a 9% commission for Grailed. 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. Free for many users to make an account, Grailed offers low fees for sellers. The site claims the increase was to improve the marketplace experience for all users. Fees: Grailed takes 6 percent as a commission. I agree that Paypal protection can be one sided. Gallery Plus Payments are deposited directly into your bank account. Otherwise, we charge a notice fee, whether or not you carry out the sale with the buyer. Insane. Insertion fees for Classified Ads are $9.95 for a 30-day listing and there are no final value fees. Fees are different for Store subscribers and for selling vehicles. The fee was raised from 6% in August. Most of my sales are on ebay and luxury (like saint laurent) and hype (supreme) does best there. DoNotPay will generate the best argument for your case and make sure your fee waiver request gets sent to the merchant for processing. Currently only use ebay, grailed and poshmark. If your items are relisted automatically, you'll be charged insertion and optional listing upgrade fees each time your item is relisted. Each listing package offers different levels of bundled features for a set fee. 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. The 500 Greatest Songs of All Time Grailedhas recently faced some backlash from users after raising their fee / commission to 9%. Cons Pros Its terribly misleading to potential buyers and a real shame if the cost of this service contributed to them deciding to increase their fee. TheGrailed authentication pagedetails what is considers a high-risk item and this certainly meets the criteria. The website offers a traditional retail experience, with worldwide shipping and simple buying mechanics, search functionality and so forth. That said, some sites work better than others. Click Here To Try It NowClick Here For Tutorial. 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 higher the price premium, the bigger the hype.. 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. If youre looking to cop a pair of hyped sneakers online, its great. Youll also need to include all of the details such as the brand, size, material, condition, and more. eBay Cracks Down on Sneaker Counterfeits With Authenticity Guarantee Program Etsy also offers tools to help sellers manage and promote their online businesses, and Etsy lets you take advantage of shipping discounts. If you run out of free listings, a $0.30 insertion fee is charged when you list an item. Something went wrong. © 2023 Copyright Finalfees. Prices are generally fairhigher than other sites, thoughand the shopping process is relatively simple, granted the stock system is at times convoluted. 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. The platform announced the change less than 24 hours before it was implemented. EDIT: To clarify, I'm only selling new, unused products. So if you take the Sold price - Shipping (Grailed Label) - Grailed Fee - Paypal Fee = $434.09 Your ultimate amount released to your Paypal Account. Learn more about how zero insertion fee listings work, including the terms and exclusions for those listings. Is the partner fee basically the eBay fees when an item sells? 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. Now available on Google Chrome Web Store. 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. Please read our Community Rules and Guidelines, Pay, shop, and do even more on the PayPal appGet the App. If there is a way to save time and money, the chances are good that DoNotPay has a product that can handle things for you.