Even if you went an easier route with StockX, they charge 9.5% (or less) and you dont even have to pay to ship your shoes, they provide a label, which means they are definitely cheaper than the Grailed fee as well. If there is a good reason for the request, you may be able to get a refund. EBay typically charges around 10% of the items sale value, with variations based on the product sold and the sellers account tier. For select categories, eBay also allows online escrow services, checks, money orders, and bank-to-bank transfers. Charged whether or not your item sells. 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! If you are hoping to fight or waive fees on Grailed, you may want to sign the petition. Appreciate the responses. 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. From StockX to eBay, these online marketplaces will help turn your clothes and kicks (and more) into cash, Got Unworn Kicks and Closet Castoffs? 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. 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. eBays listings allow sellers to specify multiple categories, item specifics, condition, and many other details. For a monthly subscription, you can run your own eBay Store. Listing items is not for the faint of heart. PayPal collected their fee .80 and pulled the $1.16 to pay the sales tax. There are a number of options to purchase, including a buy now feature or an ask, a binding contract akin to Grailed's "offer" system. 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. 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. An order is defined as any number of items purchased by the same buyer at checkout with the same shipping method. Good for selling: Streetwear and sneakers, celebrity collaborations, and collectibles, Popular brands:A Bathing Ape, Cactus Jack, Fear of God, Supreme. The Best Alternatives for Depop (2022) - SellerAider We'll indicate which listings are subject to additional fees on your Account Summary - opens in new window or tab. GOAT is an online only sneaker site that sells both new and lightly used sneakers. On top of the fee structure, each sale invokes an additional flat region-dependent tax that ranges from $5-$30. Grailed takes a commission when your items sell. Enter the tax percentage you are charged. 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. For each time a transaction is made grailed takes a 9% commission of the sold price plus Paypal fees. How does eBay compare to Grailed? : r/Grailed - Reddit 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. The site claims the increase was to improve the marketplace experience for all users. Both platforms allow people to buy and sell high-demand items such as streetwear and sneakers, but they differ in user interface, audience, commission rates, and fees, to name a few. 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. 8% if total amount of the sale is $150 or more. Pick out what category is your Ebay store. Those below pay on a sliding scale, with the highest fees reaching 20 percent. Still, in terms of depth and variety, no one holds a candle to us. What is a partner fee? The retail experience is relatively straightforward and all items are authenticated in-house at one of StockX's warehouses around the world. The fee is around 2.9% domestic and around 4.4% international. The Best Websites to Buy and Sell Sneakers in 2020 | Grailed Free for many users to make an account, Grailed offers low fees for sellers. Grailed fee: $3.03 ($1.80 Grailed commission + $1.23 payment processing fee) You make: $16.97 . 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. StockX acts as the middleman, meaning once your sneakers sell and you ship them to a StockX warehouse you are paid out. That said, if youre looking to enter the resell game, GOAT may prove difficult. A partner fee is different from the PayPal fee for using our services to receive payments and will usually say in the transaction details. Then once properly authenticated, the item is shipped and the seller is paid. 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. For example, while eBay charges around 10% commission, Grailed's selling fees are only 9%, saving you a little money on each sale. Do not waste your time searching for solutions when DoNotPay has you covered without all the work. 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. Whatever percentage you'd agreed to when deciding to promote your listing. A comparison of marketplace fees on eBay, Poshmark, Mercari, Etsy, Facebook Marketplace and more. 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 platform announced the change less than 24 hours before it was implemented. Did you ever find an answer of why you are being charged a partner fee by ebay? While technically one entity, each still operates independently and are seemingly autonomous. If you're a registered 501(c)(3) non-profit, then our fee is2.2% + $0.30 per transaction. There are no fees for shopping or buying on Grailed. Select Clothing, Shoes & Accessories categories: Free if starting price is $150 or more* - See: Notes for Basic fees. Cons Cons The catalogue is similar to many competitors, and like many others only deals in brand new merchandise. And what are the best ways to make sure you get the most money back from your unworn wares? 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. No. Sneaker resellers have more options than ever and between consignment shops and marketplaces, there are countless ways to flip sneakers. Enter the total amount sold before fees & excluding shipping charges. Good for selling:Vintage and new clothing, sneakers, collectibles, music memorabilia, Popular brands:Jordan, Yeezy, Nike, Adidas, New Balance. Home cleaning often comes with the realization that youve amassed way too much stuff including in your wardrobe. 9%. New to the community? 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. Once you actually sell an item, GOAT (like StockX) sends you a prepaid shipping label to send the sneakers to an authentication center. Stock is limited to the product pages and catalogues the company has uploaded, meaning rare or highly specific product may be unavailable. This means it is most likely that your fees will be higher when selling on Grailed than on Ebay once you account for shipping. As Flight Club is a true consignor, you are only paid once your sneakers sell. These Anti-Fatigue Mats Will Cushion and Support Your Feet, Another (Celine) Portrait: See Bob Dylan in Fashion Brand's Latest 'Performer' Series, The Best Wireless Range Extenders to Use (and How They Work), Outdoor Buds: These Fully Waterproof Workout Earbuds Are Just $30, The National Stay Up Late to Perform 'Tropic Morning News' on Fallon, David Lindley, Multi-Instrumentalist Who Shaped the Sound of Soft Rock, Dead at 78, Suki Waterhouse Won't Take Romance for Granted on New Single 'To Love', Travis Barker Says His Finger Ligament Surgery Was a 'Success' After Postponing Blink-182 Tour. Pros We want to hear it. GOAT focuses exclusively on footwear, predominantly recent drops and noteworthy collaborations. eBay has 3 types of fees: Final Value Fee, Insertion Fee and Listing Upgrade Fee. 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. As time goes on and deadstock supply declines, this tends to put upward pressure on resale prices. 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. Final value fee (13.25% of $424, + $0.30). If you need to refund the buyer or cancel the sale, you may be eligible for fee credits as per our fee credits policy. Each sale henceforth affects your score, with 2 points added for a successful sale and 10 points deducted for a poor sale. 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. Click Here To Try It NowClick Here For Tutorial. Each listing package offers different levels of bundled features for a set fee. But like the others, those interested in buying and selling may find the platform limiting. Commission and selling fees : For sellers listing 200 items or less, eBay does not charge an insertion or listing fee. Now available on Google Chrome Web Store. 20% difference. Payments are deposited directly into your bank account. Seller fees. Commission and fees:Listing fee of 20 cents, five percent transaction fee, payment processing fee of three percent plus 25 cents. Cons You are meeting our performance expectations. Upgrades you have selected for your listing. Most categories, including Music > Vinyl Records and eBay Motors > Parts & Accessories, Automotive Tools & Supplies, and Safety & Security Accessories. plus any PayPal fees. Lastly, our offer system allows you to directly negotiate with a seller to work towards an ideal price. Grailed - Paypal Grailed is the preeminent marketplace for mens fashion and streetwearobviously, that includes sneakers. Youll also need to include all of the details such as the brand, size, material, condition, and more. Even though I've listed items plenty of times, I still make mistakes. Cons 9%. If you love high-end designer men's fashion but thought you couldn't afford it, then Grailed is the place for you. As of now, Stadium Goods does not allow consignors to drop off streetwear, despite the fact it sells it. Grailed's 9% + 2.9% and 30 cent Paypal fee equates to 11.9% + 30 cents. Then why this "Partner" is charging us? There are many online marketplaces. While Flight Club has almost every new release you may be searching for, older modelswhich are more difficult to authenticateare often not available. Grailed puts your grail within reach. 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. Good for selling: New, unused good condition sneakers, Popular brands:Adidas, Jordan, Nike, Yeezy. 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. All that said, I doubt Grailed actually offers their own 'protection' in many cases, if at all. So how does this 9% fee stack up? It's absolutely terrible for the seller. 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, the seller currency conversion charge applied and retained by eBay is 3%. Post any item for free. This is a. For each time a transaction is made grailed takes a 9% commission of the sold price plus Paypal fees. Plus, StockX physically authenticates every pair of shoes that gets sold on the platform. Browse the most sought after Ebay clothing including Short Sleeve T-Shirts, Light Jackets, Hats, & more. For sellers, GOAT is not an ideal website. Another (Celine) Portrait: See Bob Dylan in Fashion Brand's Latest 'Performer' Series. Between raffles, bots and surprise drop dates, managing to score the sneakers you actually want is more difficult than ever. Grailed is a popular marketplace that is known for menswear! Flight Club is a true retailer, and since all product is onsite in either a store or a warehouse, turnaround times are quick. If you're in China, Hong Kong, Indonesia, Israel, Japan, Macau, Malaysia, Philippines, Singapore, Taiwan, Thailand, or Vietnam and your item isn't located in the US, the total amount of the sale is always calculated based on the shipping option your buyer chooses. With the ability to buy both new and used sneakers, Grailed has the best prices anywhere. 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. The fee was raised from 6% in August. Consensus: For those searching for exclusively deadstock sneakers, StockX is a good option. You can now import hundreds of your sold listings in a heartbeat with all the fees & profits without having to do a thing! 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. Pros For those in the New York area, selling requires almost no overhead and is very straightforward. Grailed is free for buyers and sellers pay a low commission fee. 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. On top of the fee structure, each sale invokes an additional flat region-dependent tax that ranges from $5-$30. For international payments, there is a payment processing fee of 4.99% + .49 USD. See how it works. Pros Final value fee (13.25% of $7,500, + 2.35% of $2,570, + $0.30). Click Here To Try! You're selling a trading card for $9,500 with free shipping. Consensus: While an iconic destination, Flight Club is predominantly a retail experience. Commission and selling fees:For sellers listing 200 items or less, eBay does not charge an insertion or listing fee. Cons Is the partner fee basically the eBay fees when an item sells? 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. Read more about our, Charged only once per listing for listings with multiple items. All rights reserved. There is not much chance the fee will be waived using any method. The item was purchased for $25 and the partner fee was $2.00. For buyers it is straightforward, however for sellers the high commission can eat away at profits. Grailed Fees Anyone else flabbergasted at Grailed's fees now? Otherwise, we charge a notice fee, whether or not you carry out the sale with the buyer. At the end of the day, its a worthless service, and the time and money would be better spent elsewhere. Cons Fortunately, selling fees on Grailed are slightly lower than many other large selling sites such as eBay. Is it a complete waste of time and resources for them? Every sneaker is in deadstock condition, meaning brand new, unworn in the original packaging. Cons Flight Club only deals in new sneakers. 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. Depending on your method of shipping, USPS labels will usually cost you about 15-40% less than what youll be paying if you purchase a label through Paypal. 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. Getting paid:Etsys secure payment system allows sellers to accept credit and debit cards, Apple Pay, Etsy gift cards, Google Wallet, and PayPal. The Total paid into my PayPal account was $17.16 as shown. Graileds 9% + 2.9% and 30 cent Paypal fee equates to 11.9% + 30 cents. Copyright 2023 Penske Business Media, LLC. Unfortunately not all sellers are as reliable as others, and it can be difficult to communicate with a seller once you have purchased a listing. Grailed is an online fasion marketplace focused on vintage, high-end, and popular street brands such as, Champion, Nike or Gucci. Pros Ebay has been charging a 10% fee for quite a while, and Paypal charges 2.9% + 30 cents per transaction = 12.9% + 30 cents. (Read our review about how to buy/sell sneakers on eBay here). StockX is less straightforward than competitors. EDIT: To clarify, I'm only selling new, unused products. The fees for selling a vehicle on eBay Motors are different from the fees for selling items in other categories. (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). Related Stories If you have already completed the transaction, you can contact customer service and request the fee be refunded. Pros When you set your price for an item, it should account for shipping and a 9% commission for Grailed. Hm. If your items are relisted automatically, you'll be charged insertion and optional listing upgrade fees each time your item is relisted. 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. Send us a tip using our anonymous form. Insane. The higher of the two final value fees is charged, if your item sells, Reserve price You make $8,441.20, or approximately 89% of the sale price, not including shipping costs. While Flight Club recommends prices, sellers are allowed to list their own, which means often sneakers are priced above market. View cart for details. 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. Selling on Mercari vs. Selling on eBay - Vendoo 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. Grailed is an online fasion marketplace focused on vintage, high-end, and popular street brands such as, Champion, Nike or Gucci. Charged per listing and per category. Similar to Flight Club, Stadium Goods is a consigner that has a significant online presence. Fees: Grailed takes 6 percent as a commission. Absolutely. The move comes as eBay is in the midst of trying to take back its prominence in the world of sneaker resale. As previously mentioned it is predominantly geared towards buyers and with a sliding fee scale that maxes out at nearly 20 percent, the website eats into your profit margin. EBay drops all sneaker selling fees to compete with GOAT, StockX Maybe. What are the seller fees? - Grailed 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. I agree that Paypal protection can be one sided. For those that sell on other platforms, what does best on grailed? GRAILED COMMISSION FEE 9% The Grailed Commission fee is applicable to domestic and international transactions. Consensus: From a buyers perspective, GOAT is great. Is it better than nothing? 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. Sellers also like using StockX because it offers anonymity, and they can sell to buyers in over 200 countries and territories around the world. 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. Grailed claims to offer their own protection which I have yet to hear any testimonials about, just constant copy pasta from Grailed staff. After you drop off your sneakers, Flight Club handles the rest as you sit back and get paid. Grailed by the numbers. 2023 Digiday Media. Commission and fees:If your item sells, youll earn 80 percent of the list price. Reddit and its partners use cookies and similar technologies to provide you with a better experience. Grailed is currently made up of four marketplaces. 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. The 100 Greatest TV Shows of All Time I need some help please. 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. eBay offers competitive selling fees. Between fees, prices, the ability to purchase slightly worn shoes for well below their going rate, no other site compares. But as of Tuesday, sneakers no longer carry any selling fees for pairs sold for more than $100. Etsy also offers tools to help sellers manage and promote their online businesses, and Etsy lets you take advantage of shipping discounts. Grailed offers the lowest fees of any platform around at just nine percent (plus Paypal fees). Pros How come. An example of a partner fee would be the website Grailed who currently charges a 6% fee for sales on their website. help me please as this does not seem right. The short explanation is: both eBay fees and Mercari fees are roughly 13 percent. 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. I am scared to list half my inventory because of scammers and eBay's policies. Consensus: Theres a reason Grailed has such an incredible user retention rate. Grailed Fees : r/Grailed - reddit This does not make any sense. In order to sell, a user must fill out a sell form by finding the product and listing it on the website. EBay said that, while it does not authenticate sneakers, there are a variety of ways to report fakes found on the site. 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. Press question mark to learn the rest of the keyboard shortcuts. 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! If you run out of free listings, a $0.30 . 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! The Grailed marketplaceallows people to sell men's clothes, shoes, and accessories from high-end designers. The main reason users are so upset is because they feel like there was no warning. 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. For sneakers, there is no authentication process in place like the robust processes that StockX or GOAT have. 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? This means that a seller could easily use photos of a legit item but ship you a fake. 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. Sold an item for 220 bucks - they charged tax (automatically not something I asked for) and the partner fee was 50 bucks. If your item sells, youll receive a pre-paid shipping label and your item will be authenticated before its shipped to the seller. Tip Search "appeal fees" on DoNotPay, choose the Fight and Waive Fees product, and select the type of fee you want to appeal. The site offers almost zero protection and all fraud cases are first worked through PayPal. The Best Websites To Buy and Sell Sneakers.
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