grailed fees vs ebay fees

9%. 2013. However, you can also use a third-party shipping site to get the discounted rate, regardless of whether you sell on Ebay or Grailed. Additionally, authentication fees and duties (if you're an international shopper) can potentially add a significant price bump to any purchase. If you are found responsible for a disputed amount as per eBay policies (e.g., chargeback), we charge a $20.00 dispute fee, excluding sales tax, for each dispute. So, if you, Charged for the original listing and each time you choose to relist your item, Charged per listing if you create duplicate auction-style listings for identical items. 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. 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. Pick Up Some of These Gloves First, Tired of Standing? Grailed is currently made up of four marketplaces. 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. 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. . Pros It's absolutely terrible for the seller. 9%. For Sneakers over $100 in value, the fee is 8%. 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. Etsy also offers tools to help sellers manage and promote their online businesses, and Etsy lets you take advantage of shipping discounts. Is the Grailed Authentication process good? The higher of the two final value fees is charged, if your item sells, Reserve price Once you actually sell an item, GOAT (like StockX) sends you a prepaid shipping label to send the sneakers to an authentication center. We have helped over 300,000 people with their problems. We may, in our sole discretion and without consent from or payment to sellers, display third-party advertisements (including links and references thereto) and listings from other sellers on any eBay page, Depending on the tax legislation of your country of residency, local Value Added Tax (VAT), Goods and Services Tax (GST) or similar consumption tax might apply in addition to your eBay fees. Editors picks The Best Websites To Buy and Sell Sneakers. According to the website, a grail is "the piece you obsess over but cannot ever find or afford." Fees for Real Estate listings include an insertion fee, a notice fee, and fees for any optional listing upgrades you choose. Also, since StockX authenticates every item in-house in one of many warehouses, products can sometimes take a number of weeks to arrive, and overheard (albeit indirectly) leads to steeper costs. PirateShipis our suggestion, and they make it easy to ship with USPS or UPS. Check out some of the other product series and discover how you can save time and money using DoNotPay. Since Flight Club is still technically a brick and mortar store, prices tend to be a bit steeperthey have to cover rent and inventory. Once rivals in the space, early last year GOAT and consignment shop Flight Club merged into one company. Tip The main reason users are so upset is because they feel like there was no warning. Good for selling:Vintage items (including clothing, accessories, and music memorabilia), handmade goods, and craft supplies. Do you know who does not physically authenticate ANY items? Now available on Google Chrome Web Store. Appreciate the responses. 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. You're selling the latest version of a smartphone in used condition using a 10-day duration. Thats less than half a percent difference, in favor of Grailed. The bran will store your shoes and sell them on your behalf on its website, retail stores, or other sales channels. 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. Growing the Grailed community to foster a . This fee is calculated as a percentage of the total amount of the sale, plus $0.30 per order. Pros Also, as a true marketplace, sneakers are often mislabeled, however our product team is rolling out a slew of new features including auto-fill sell forms and product pages to minimize the issue. ABOUT EBAY FEES. 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. This is just speculation, but I'm guessing they'd pay out of their own pocket if they disagree with paypal in a case. These platforms have invested heavily in expanding their internal authentication teams, citing consumer trust as a valuable asset to cultivate. Get news and analysis about fashion, beauty and culture delivered to your inbox every morning. Of course there would also be the operation cost of investigating the case themselves. As of now, Stadium Goods does not allow consignors to drop off streetwear, despite the fact it sells it. There are a lot of optionsthough primarily newer releases and ultra-expensive grailsand buying is very straightforward, tax is even included! EDIT: To clarify, I'm only selling new, unused products. First, potential sellers must apply in order to list items on the website. While Flight Club recommends prices, sellers are allowed to list their own, which means often sneakers are priced above market. Thank you so much for joining thePayPal Community, and I'm so sorry that the community was not able to answer your question. Enter the promotion percentage you are charged. Cookies help us customize the PayPal Community for you, and some are necessary to make our site work. Many prospective online sellers tend to consider StockX vs. eBay, two of the most popular online resale sites. With their new Managed Payments format, that number will now be 12.35% + 30 cents. I agree that Paypal protection can be one sided. To attract the attention of more buyers, you add the Bold listing upgrade. 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. Well discuss authentication in detail below, and we dont have any new major seller features yet. Here is an overview of fees, credits, and invoices on eBay. Pay, shop, and do even more on the PayPal app. It was raised on August 12th, 2020 from 6%. For sneakers, there is no authentication process in place like the robust processes that StockX or GOAT have. We don't sell things, we only receive donations, yet some unknown partner is getting money that should be going to the non-profit. Find high-quality men's and women's streetwear & designer pieces from the brands you love at Grailed, the community marketplace for men's and women's clothing . Grailed offers the lowest fees of any platform around at just nine percent (plus Paypal fees). 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 are unsuccessful in waiving the Grailed fee, there is a product to fight chargeback and a product that could assist you with returns as well. We'll indicate which listings are subject to additional fees on your Account Summary - opens in new window or tab. Select Others if not listed. 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. Sold an item for 220 bucks - they charged tax (automatically not something I asked for) and the partner fee was 50 bucks. Click Here To Try! 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) 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. Thanks in advance. It feels like i am going in a circle. Grailed takes a commission when your items sell. 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 platform uses PayPal to process payments, so you will have to pay a PayPal seller's feeas well. Check out our top picks below. Copyright 1995-2023 eBay Inc. All Rights Reserved. Fees correlate directly with your seller score, with the lowest possible fees (9.5 percent) awarded to sellers with a score of 90 or above. For anyone who has sold clothes through a reseller, selling fees are a natural part of the process, with platforms taking a percentage of a sale, a flat fee or a tiered fee based on a sellers frequency of selling. Pros I was wondering if Grailed has a similar side with the buyer no matter what policy or if they actually value their sellers. Good for selling:Streetwear and sneakers, Popular brands: Jordan, Nike, Supreme, Off-White, 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. 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. I hope this helps and thank you for joining the Community! 8% if total amount of the sale is $150 or more. Press question mark to learn the rest of the keyboard shortcuts. Browse the most sought after Ebay clothing including Short Sleeve T-Shirts, Light Jackets, Hats, & more. 1999-2023 PayPal, Inc. All rights reserved. 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. 10 people found this solution to be helpful. Pros Is the partner fee basically the eBay fees when an item sells? 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. The 100 Best Albums of 2022. For mens athletic shoes, theres no final value fee if the pair sells for $100 or more. Grailed is an online fasion marketplace focused on vintage, high-end, and popular street brands such as, Champion, Nike or Gucci. till you get on grailedyou just wait. 20% difference. The short explanation is: both eBay fees and Mercari fees are roughly 13 percent. *2022 Update*As of January 19, 2022, Ebay has reinstated a final value fee for sneakers. There is even a petition on Change.org to reduce the fee to 7.5%. They usually view the seller as guilty until proven innocent. The retail experience is relatively straightforward and all items are authenticated in-house at one of StockX's warehouses around the world. We want to hear it. Fees: Grailed takes 6 percent as a commission. There are no fees for shopping or buying on Grailed. core (like nike sneakers, sweats etc.) In an effort to compete with other sneakerhead-beloved resale platforms, the online auction giant also unveiled an authentication partnership with SneakerCon to verify popular items listed at $100 and up. Grailed's 9% + 2.9% and 30 cent Paypal fee equates to 11.9% + 30 cents. Be sure to also check out any relevant payment processing fees that may apply to your transaction. Pros Still, in terms of depth and variety, no one holds a candle to us. Insane. In both cases, you're eligible for Paypal protection, which is what you seem to have an issue with. If a seller has 10 pairs or less, they can simply walk into the Canal street store front and drop them off to start sellinganyone with more than 10 pairs must make an appointment. Commission and fees:Listing fee of 20 cents, five percent transaction fee, payment processing fee of three percent plus 25 cents. EBay typically charges around 10% of the items sale value, with variations based on the product sold and the sellers account tier. A bustling thoroughfare of designer goods. eBay was founded in 1995, and it definitely shows in the user interface. Grailed claims to offer their own protection which I have yet to hear any testimonials about, just constant copy pasta from Grailed staff. Why am i paying 11 partners fee for a 36 order? When a seller sells something on Grailed, our fee is deducted within the transaction itselfand then Grailed's 6% partner fee is deducted separately. The item sells immediately for the Buy It Now price of $400. Privacy Policy. GRAILED COMMISSION FEE 9% The Grailed Commission fee is applicable to domestic and international transactions. When the item sells on eBay.de, eBay will calculate your payout amount by converting the sales proceeds from EUR to USD using the transaction exchange rate applicable at the time of the sale. Another (Celine) Portrait: See Bob Dylan in Fashion Brand's Latest 'Performer' Series. I was wondering if Grailed has a similar side with the buyer no matter what policy or if they actually value their sellers. For US domestic payments, there is a payment processing fee of 3.49% + .49 USD. All that said, I doubt Grailed actually offers their own 'protection' in many cases, if at all. For buyers it is straightforward, however for sellers the high commission can eat away at profits. Sneaker resellers have more options than ever and between consignment shops and marketplaces, there are countless ways to flip sneakers. That's less than half a percent difference, in favor of Grailed. 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. I hope this helps and thank you again for joining the Community! For a monthly subscription, you can run your own eBay Store. Insertion fees for Classified Ads are $9.95 for a 30-day listing and there are no final value fees. The site claims the increase was to improve the marketplace experience for all users. Press J to jump to the feed. For sellers, GOAT is not an ideal website. Each listing package offers different levels of bundled features for a set fee. Commission and fees:If your item sells, youll earn 80 percent of the list price. 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. The platform announced the change less than 24 hours before it was implemented. If you compare them, you are sure to find one that has a more agreeable seller's fee. Enter the total amount sold before fees & excluding shipping charges. The fee was raised from 6% in August. If you are hoping to fight or waive fees on Grailed, you may want to sign the petition. 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'? Most categories, including Music > Vinyl Records and eBay Motors > Parts & Accessories, Automotive Tools & Supplies, and Safety & Security Accessories. just sit. 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. Charged per listing and per category. The move comes as eBay is in the midst of trying to, Sneakers are a key area for growth for eBay. 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? Like Flight Club, Stadium Goods lets consigners set their own prices, however works with them in order to try and match market cost. 37 19 19 comments Best Add a Comment On top of the fee structure, each sale invokes an additional flat region-dependent tax that ranges from $5-$30. And what are the best ways to make sure you get the most money back from your unworn wares? The item was purchased for $25 and the partner fee was $2.00. Is it a complete waste of time and resources for them? This does not make any sense. StockX is less straightforward than competitors. You can enhance your listings to help make them stand out by adding certain features, such as a subtitle, or bold font. "by the website an item is sold from".. for me, this is ebay. Keep in mind that all these still depend on the subscription model of the seller. © 2023 Copyright Finalfees. Whatever percentage you'd agreed to when deciding to promote your listing. If so, should I still have to worry about paying my eBay seller fees? Here are a few options to try. We hate to say it, but if youre looking to buy or sell rare or vintage sneakers, theres no better place than Grailed. Okay, we knowwere putting ourselves at the top of the list. But how exactly do you sell clothing online? The Grailed marketplaceallows people to sell men's clothes, shoes, and accessories from high-end designers. From StockX to eBay, these online marketplaces will help turn your clothes and kicks (and more) into cash, Got Unworn Kicks and Closet Castoffs? If you sign the petition, there may be a chance of getting the fee reduced. Grailed's commission helps us maintain the marketplace to make buying and selling as easy as possible. In general, sellers tend to make less money per sale than with competitors. After you've used your zero insertion fee allowance, insertion fees are: Good 'Til Cancelled listings are fixed price listings that renew automatically once per calendar month. Free for many users to make an account, Grailed offers low fees for sellers. 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. For popular sneakers, they almost always have stock. Between fees, prices, the ability to purchase slightly worn shoes for well below their going rate, no other site compares. 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. 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. Your Guide to the Best Menswear Fashion Deals, But were not finished. Please read our Community Rules and Guidelines, Pay, shop, and do even more on the PayPal appGet the App. If eBay converts your funds, the conversion will be completed at the transaction exchange rate we set for the relevant currency exchange. The products work across all products and services in every city and state. 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. The site claims the increase was to improve the marketplace experience for all users. 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. While technically one entity, each still operates independently and are seemingly autonomous. 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. eBay Cracks Down on Sneaker Counterfeits With Authenticity Guarantee Program What is a partner fee? For each time a transaction is made grailed takes a 9% commission of the sold price plus Paypal fees. 2 4 4 comments Best Add a Comment I need some help please. DoNotPay will generate the best argument for your case and make sure your fee waiver request gets sent to the merchant for processing. For buyers, there are no fees for using the platform. The 100 Greatest TV Shows of All Time A dialog will open as you type your search terms. While Ebay has its own flaws, Grailed no longer offers any real advantage to sellers since raising the Grailed fee. Applications are accepted on a rolling basis and can take days to be processed. 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. For those searching for mainstream new or lightly used sneakers, GOAT is a solid place to buy. Pros Charged whether or not your item sells. Something went wrong. 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. 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. When a task is too time-consuming or confusing, the chances are that DoNotPay has a product for that. Select the payment method you received based on buyer's location. If you run out of free listings, a $0.30 . 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. Paypal already charges 2% fee and on top of it charge another fee under title of "partner fee". 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! Our expert moderators ensure all listings posted for sale are 100% authentic. If your category is not listed this means no additional deduction is given. 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. With their new Managed Payments format, that number will now be 12.35% + 30 cents. Those below pay on a sliding scale, with the highest fees reaching 20 percent. Enter the total amount charged for shipping to buyer. eBay is an online marketplace where users buy and sell products. Learn more about how zero insertion fee listings work, including the terms and exclusions for those listings. 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. Newly Improved Ebay & Etsy Import System. no need to bend over backwards when you loose out on your item and money. 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. If you run out of free listings, a $0.30 insertion fee is charged when you list an item. The catalogue is similar to many competitors, and like many others only deals in brand new merchandise. For listing highly anticipated new releases. Home cleaning often comes with the realization that youve amassed way too much stuff including in your wardrobe. 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, Competing on selling fees is also important since eBay does not compete with other resellers on authentication. In the table below, you'll find the basic fees for items listed in most categories and the number of zero insertion fee listings you'll get each month. Select Clothing, Shoes & Accessories categories: Free if starting price is $150 or more* - See: Notes for Basic fees. 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. One of the first sneaker consignment shops, Flight Club transformed from a simple retailer to a powerful online sneaker buying and selling platform. Good for selling: New, unused good condition sneakers, Popular brands:Adidas, Jordan, Nike, Yeezy. 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. Date founded. Enter the total amount charged for shipping to buyer. All of the products offered by DoNotPaywill save your time and money wherever you are and wherever you do business. With a big marketing push, StockX has established itself as setting the market rate for many of the most hyped sneakers. GOAT is significantly more complex for sellers than other platforms. If you're a registered 501(c)(3) non-profit, then our fee is2.2% + $0.30 per transaction. Cons An example of a partner fee would be the website Grailed who currently charges a 6% fee for sales on their website. 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. https://www.finalfees.com is neither endorsed by nor affiliated with any with them, nor is the accuracy of its results guaranteed. Currently only use ebay, grailed and poshmark. Buying sneakersnew or otherwisecan be a challenge. Click Here To Try It NowClick Here For Tutorial. 2023 Digiday Media. 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. Pros As such, it is important that collectors and sellers maintain products in deadstock condition so that theyre able to realize these long-term value gains., If youre reselling hypebeast-beloved streetwear and athletic brands such as Supreme, Jordan, and Yeezy as well as in-demand collaborations with musicians like Travis Scott and Justin Bieber, Cutler says that inventory will typically see high demand and will appreciate over time. Here are some more articles to check out from the Fight And Waive Fees product series. The conversion charge is a fixed percentage applied to the base exchange rate and retained by eBay. Reddit and its partners use cookies and similar technologies to provide you with a better experience. Who is this partner? Grailed fee: $3.03 ($1.80 Grailed commission + $1.23 payment processing fee) You make: $16.97 .

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