Hi, I'm a relatively new, but experienced eBay user with about a year (100~) worth of sales to show for it. Grailed offers the lowest fees of any platform around at just nine percent (plus Paypal fees). All that said, I doubt Grailed actually offers their own 'protection' in many cases, if at all. Getting paid:Etsys secure payment system allows sellers to accept credit and debit cards, Apple Pay, Etsy gift cards, Google Wallet, and PayPal. StockX will catch most fake items, while Ebay will not, but nor will they ever claim to be able to verify an item as authentic. But were not finished. Pros It seems like no matter what the issue is with the transaction, eBay will always side with the buyer. This fee is calculated as a percentage of the total amount of the sale, plus $0.30 per order. If you compare them, you are sure to find one that has a more agreeable seller's fee. Whatever percentage you'd agreed to when deciding to promote your listing. 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. 8% if total amount of the sale is $150 or more. No. 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. You can use the Classified Ad format in the following categories: You can also use Classified Ads for selling Real Estate, but the fees are different see below for more information. Graileds authentication process is a combination of human and machine moderation. Curious where everyone sells and what, I'm looking to get into other platforms. 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. With their new Managed Payments format, that number will now be 12.35% + 30 cents. Does Grailed charge a payment processing fee? Pros Thats less than half a percent difference, in favor of Grailed. Here is an overview of fees, credits, and invoices on eBay. For international payments, there is a payment processing fee of 4.99% + .49 USD. For each time a transaction is made grailed takes a 9% commission of the sold price plus Paypal fees. 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. The short explanation is: both eBay fees and Mercari fees are roughly 13 percent. I was wondering if Grailed has a similar side with the buyer no matter what policy or if they actually value their sellers. Sit back and relax while we do the work. Enter the tax percentage you are charged. 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. 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. The conversion charge is a fixed percentage applied to the base exchange rate and retained by eBay. Appreciate the responses. Getting paid:Some of the most common payment methods include PayPal, credit or debit cards, and Apple and Google Pay. Given our current sneaker climate and demand far outweighing supply, the converse is true as well. Ebay has been charging a 10% fee for quite a while, and Paypal charges 2.9% + 30 cents per transaction = 12.9% + 30 cents. For 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. 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. eBay was founded in 1995, and it definitely shows in the user interface. Of course there would also be the operation cost of investigating the case themselves. Youll get paid through PayPal and use the payment platform to print a shipping label. I sold an item on eBay. If you have already completed the transaction, you can contact customer service and request the fee be refunded. But like the others, those interested in buying and selling may find the platform limiting. Commission rate. 20% difference. After your request is reviewed and approved, you can ship your item directly to Stadium Goods or drop it off at the companys Market Centers in Chicago and New York for inspection and verification. Whether youre paring down your closet to just the essentials, you need some extra cash, or youre making way for spring and summer style arrivals, weve rounded up the best places online to sell your clothing, footwear, and accessories. ABOUT EBAY FEES. Grailed fee: $3.03 ($1.80 Grailed commission + $1.23 payment processing fee) You make: $16.97 . Related Stories Still, in terms of depth and variety, no one holds a candle to us. The website offers a traditional retail experience, with worldwide shipping and simple buying mechanics, search functionality and so forth. While Ebay has its own flaws, Grailed no longer offers any real advantage to sellers since raising the Grailed fee. For sneakers, there is no authentication process in place like the robust processes that StockX or GOAT have. The site offers almost zero protection and all fraud cases are first worked through PayPal. Select Clothing, Shoes & Accessories categories: Free if starting price is $150 or more* - See: Notes for Basic fees. Gallery Plus 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. Fees are different for Store subscribers and for selling vehicles. Final value fee (13.25% of $7,500, + 2.35% of $2,570, + $0.30). As of now, Stadium Goods does not allow consignors to drop off streetwear, despite the fact it sells it. The products work across all products and services in every city and state. For a monthly subscription, you can run your own eBay Store. Grailed Fees Anyone else flabbergasted at Grailed's fees now? While Amazon charges nearly 15% and eBay isn't far behind at 13% Grailed charges close to 10%. The Fight and Waive Fees product is just one of the many products DoNotPay offers that will save you time and money. Most of my sales are on ebay and luxury (like saint laurent) and hype (supreme) does best there. We have come across some oddities which are cause for concern. 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. Sold an item for 220 bucks - they charged tax (automatically not something I asked for) and the partner fee was 50 bucks. © 2023 Copyright Finalfees. Shopping at either the website or brick and mortar locations is reminiscent of a traditional ecommerce or retail experience, respectively. eBay has 3 types of fees: Final Value Fee, Insertion Fee and Listing Upgrade Fee. For other items that sell, theres a final value fee of two to 12.85 percent depending on the products category. 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. 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. Grailed is a popular marketplace that is known for menswear! 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.. Given our industry low fee structure, sneakers are legitimately cheaper on Grailed. You can enhance your listings to help make them stand out by adding certain features, such as a subtitle, or bold font. For comparison, StockX brought in about, EBay isnt alone in lowering selling fees as a way to bring in more customers, though it is among the only ones to completely forego selling fees for one category. Maybe. While technically one entity, each still operates independently and are seemingly autonomous. Charged per listing and per category. 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. Once youre approved, GOAT assigns each seller a seller score, which begins at 90. Once you actually sell an item, GOAT (like StockX) sends you a prepaid shipping label to send the sneakers to an authentication center. The bran will store your shoes and sell them on your behalf on its website, retail stores, or other sales channels. Commission and fees:Listing fee of 20 cents, five percent transaction fee, payment processing fee of three percent plus 25 cents. Your Guide to the Best Menswear Fashion Deals, But were not finished. Pick Up Some of These Gloves First, Tired of Standing? Plus, StockX physically authenticates every pair of shoes that gets sold on the platform. The total amount of the sale is $10,070 (includes 6% sales tax). I am scared to list half my inventory because of scammers and eBay's policies. Auto-suggest helps you quickly narrow down your search results by suggesting possible matches as you type. Good for selling: New, unused good condition sneakers, Popular brands:Adidas, Jordan, Nike, Yeezy. We've outlined the differences below. Final value fee (13.25% of $424, + $0.30). 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. Prices are generally fairhigher than other sites, thoughand the shopping process is relatively simple, granted the stock system is at times convoluted. For buyers it is straightforward, however for sellers the high commission can eat away at profits. 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. 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. 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. Browse the most sought after Ebay clothing including Short Sleeve T-Shirts, Light Jackets, Hats, & more. 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. Enter the promotion percentage you are charged. 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. Consensus: For those searching for exclusively deadstock sneakers, StockX is a good option. So how does this 9% fee stack up? It was raised on August 12th, 2020 from 6%. 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. Editors picks * Starting price is the starting price (auction-style listings) or Buy It Now price (fixed price listings) of your listing, and doesn't include shipping, handling, taxes, or fees. Thats why its important to choose the right resale website for selling your clothes and accessories online. There are many online marketplaces. "by the website an item is sold from".. for me, this is ebay. For each time a transaction is made grailed takes a 9% commission of the sold price plus Paypal fees. Pros 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. If you want to sell on Grailed, there is a 9% seller's fee. 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. However, you can also use a third-party shipping site to get the discounted rate, regardless of whether you sell on Ebay or Grailed. I've managed to keep 100% positive feedback, but found myself being forced to bend over backwards for some less than desirable buyers. 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As Flight Club is a true consignor, you are only paid once your sneakers sell. Cons Grailed additionally allows you to sell used sneakers as well, unlike competitors who only allow brand new ("deadstock") sneakers on site. Thank you so much for joining thePayPal Community, and I'm so sorry that the community was not able to answer your question. Is it a complete waste of time and resources for them? We charge one final value fee when your item sells, and you don't have to worry about third-party payment processing fees. 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. Check out our top picks below. For listing high-quality goods that are coveted. Enter the total amount charged for shipping to buyer. 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're selling a trading card for $9,500 with free shipping. 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. This is just speculation, but I'm guessing they'd pay out of their own pocket if they disagree with paypal in a case. 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. This means it is most likely that your fees will be higher when selling on Grailed than on Ebay once you account for shipping. 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. For Sneakers over $100 in value, the fee is 8%. In both cases, you're eligible for Paypal protection, which is what you seem to have an issue with. We'll indicate which listings are subject to additional fees on your Account Summary - opens in new window or tab. 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. If your item sells, youll receive a pre-paid shipping label and your item will be authenticated before its shipped to the seller. All Rights Reserved. Select Others if not listed. To attract the attention of more buyers, you add the Bold listing upgrade. You can now import hundreds of your sold listings in a heartbeat with all the fees & profits without having to do a thing! New to the community? no need to bend over backwards when you loose out on your item and money. When you set your price for an item, it should account for shipping and a 9% commission for Grailed. 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 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. An example of a partner fee would be the website Grailed who currently charges a 6% fee for sales on their website. The 100 Greatest TV Shows of All Time Beyond the most recent drops, vintage models such as 1985 Air Jordan 1s or early 2000s Nike SB Dunkssneakers competitors either do not have or simply cannot sourceregularly appear on the platform.
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