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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. 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. For buyers it is straightforward, however for sellers the high commission can eat away at profits. We have helped over 300,000 people with their problems. no need to bend over backwards when you loose out on your item and money. Flight Club is a true retailer, and since all product is onsite in either a store or a warehouse, turnaround times are quick. Pay, shop, and do even more on the PayPal app. © 2023 Copyright Finalfees. Unfortunate. For mens athletic shoes, theres no final value fee if the pair sells for $100 or more. For each time a transaction is made grailed takes a 9% commission of the sold price plus Paypal fees. Once the item sells, the user ships it to an authentication center, or drops it off at one of only a handful physical locations. 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 men's athletic shoes, there's no final value fee if the pair sells. 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. Browse the most sought after Ebay clothing including Short Sleeve T-Shirts, Light Jackets, Hats, & more. If you love high-end designer men's fashion but thought you couldn't afford it, then Grailed is the place for you. Etsy also offers tools to help sellers manage and promote their online businesses, and Etsy lets you take advantage of shipping discounts. Grailed is a popular marketplace that is known for menswear! All you have to do is connect with your eBay account and that's it. Enter the total amount charged for shipping to buyer. This means that a seller could easily use photos of a legit item but ship you a fake. The item sells immediately for the Buy It Now price of $400. Consensus: Theres a reason Grailed has such an incredible user retention rate. Heres another we randomly came across, nearly a year after this article was originally written. With a big marketing push, StockX has established itself as setting the market rate for many of the most hyped sneakers. For popular sneakers, they almost always have stock. Why am i paying 11 partners fee for a 36 order? Cons Even though I've listed items plenty of times, I still make mistakes. But as of Tuesday, sneakers no longer carry any selling fees for pairs sold for more than $100. This is a huge advantage for Ebay over Grailed. Youll also need to include all of the details such as the brand, size, material, condition, and more. This was a listing from a user with no feedback, selling an expensive sweater from The Elder Statesman, and only using stock photos from the brands own website. The catalogue is similar to many competitors, and like many others only deals in brand new merchandise. If you list an item on another eBay site (for example, eBay.com.au or eBay.co.uk), the fees for that site will apply, Seller fees don't purchase exclusive rights to web pages on eBay. The Total paid into my PayPal account was $17.16 as shown. eBay offers competitive selling fees. Then once properly authenticated, the item is shipped and the seller is paid. The fees for these optional listing upgrades vary depending on your item's price and the listing format and duration. 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. Ebay takes all their fees in other ways so this is not coming from ebay and ebay directs me to paypal. Cookie Notice Sellers also like using StockX because it offers anonymity, and they can sell to buyers in over 200 countries and territories around the world. Shipping is a flat fee, so prices are relatively straightforward. 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. Pros You make $8,441.20, or approximately 89% of the sale price, not including shipping costs. I've managed to keep 100% positive feedback, but found myself being forced to bend over backwards for some less than desirable buyers. This does not make any sense. It's absolutely terrible for the seller. So how does this 9% fee stack up? If youre looking to cop a pair of hyped sneakers online, its great. Good for selling:Streetwear and sneakers, Popular brands: Jordan, Nike, Supreme, Off-White, Yeezy. If you're being charged a partner fee in addition to our fee, then you would need to review the terms and services of what website you use to promote your non-profit organization. For those searching for mainstream new or lightly used sneakers, GOAT is a solid place to buy. While technically one entity, each still operates independently and are seemingly autonomous. 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. 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. Gallery Plus But, trust us, theres a reason behind the blatant bias and ego. For example, while eBay charges around 10% commission, Grailed's selling fees are only 9%, saving you a little money on each sale. Stock is limited to the product pages and catalogues the company has uploaded, meaning rare or highly specific product may be unavailable. For buyers, there are no fees for using the platform. Fortunately, selling fees on Grailed are slightly lower than many other large selling sites such as eBay. . 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If your items are relisted automatically, you'll be charged insertion and optional listing upgrade fees each time your item is relisted. Unlike other websites, GOAT functions differently as it is predominantly geared towards buyers. 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. GRAILED COMMISSION FEE 9% The Grailed Commission fee is applicable to domestic and international transactions. Grailed's 9% + 2.9% and 30 cent Paypal fee equates to 11.9% + 30 cents. You're selling a trading card for $9,500 with free shipping. How it works:Prospective sellers need to fill out an application through GOATs app. Cons ABOUT EBAY FEES. As sellers keep a greater portion of each sale, they can charge a lower sticker price, which means sneakers are often below market." Grailed additionally allows you to sell used sneakers as well, unlike competitors who only allow brand new ("deadstock") sneakers on site. Pick out what category is your Ebay store. Pros https://www.finalfees.com is neither endorsed by nor affiliated with any with them, nor is the accuracy of its results guaranteed. The 100 Greatest TV Shows of All Time If exchange rates are set by law or regulation, the base exchange rate reflects the government reference rates. Similar to Flight Club, Stadium Goods is a consigner that has a significant online presence. 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 also still has a much bigger user base. Sneakers are a key area for growth for eBay. The fees and benefits vary depending on the type of Store subscription you choose. Sold an item for 220 bucks - they charged tax (automatically not something I asked for) and the partner fee was 50 bucks. 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. Those below pay on a sliding scale, with the highest fees reaching 20 percent. If you use the Classified Ad format, scheduling a listing will cost $0.10. eBay is an online marketplace where users buy and sell products. 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. eBay has 3 types of fees: Final Value Fee, Insertion Fee and Listing Upgrade Fee. EBay said that, while it does not authenticate sneakers, there are a variety of ways to report fakes found on the site. For those in the New York area, selling requires almost no overhead and is very straightforward. 8% if total amount of the sale is $150 or more. 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. Grailed by the numbers. There are no fees for shopping or buying on Grailed. Plus, StockX physically authenticates every pair of shoes that gets sold on the platform. PirateShipis our suggestion, and they make it easy to ship with USPS or UPS. Grailed mostly only sell luxury. You're selling the latest version of a smartphone in used condition using a 10-day duration. Each sale henceforth affects your score, with 2 points added for a successful sale and 10 points deducted for a poor sale. 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. Pros A comparison of marketplace fees on eBay, Poshmark, Mercari, Etsy, Facebook Marketplace and more. 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. But were not finished. That said, some sites work better than others. Applications are accepted on a rolling basis and can take days to be processed. 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 . Ebay has been charging a 10% fee for quite a while, and Paypal charges 2.9% + 30 cents per transaction = 12.9% + 30 cents. 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.). 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. Enter the total amount sold before fees & excluding shipping charges. grailed is easier to use for the most part and fees are either on par or lower. *2022 Update*As of January 19, 2022, Ebay has reinstated a final value fee for sneakers. You are meeting our performance expectations. 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. The $0.30 per order is not charged. 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. Today, the company sells everything from streetwear to watches and handbags, all of which are in brand new condition. Did you ever find an answer of why you are being charged a partner fee by ebay? That said, if youre looking to enter the resell game, GOAT may prove difficult. 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. So how do we know who this partner is? All of the products offered by DoNotPaywill save your time and money wherever you are and wherever you do business. For listing high-quality goods that are coveted. The move comes as eBay is in the midst of trying to, Sneakers are a key area for growth for eBay. This is a. If this post or any other was helpful, please enrich the community by giving kudos or accepting it as a solution. Enter the total amount charged for shipping to buyer. It seems like no matter what the issue is with the transaction, eBay will always side with the buyer. "by the website an item is sold from".. for me, this is ebay. 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 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 bran will store your shoes and sell them on your behalf on its website, retail stores, or other sales channels. Thanks in advance. I have only used Ebay and Grailed. (Read our review about how to buy/sell sneakers on eBay here). An example of a partner fee would be the website Grailed who currently charges a 6% fee for sales on their website. The item was purchased for $25 and the partner fee was $2.00. What is a partner fee? This means it is most likely that your fees will be higher when selling on Grailed than on Ebay once you account for shipping. For each time a transaction is made grailed takes a 9% commission of the sold price plus Paypal fees. Growing the Grailed community to foster a . It was raised on August 12th, 2020 from 6%. 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) That said, higher fees and longer wait times make selling on StockX a longer process than competitors. Well discuss authentication in detail below, and we dont have any new major seller features yet. 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. Once you factor in PayPal fees, Grailed becomes a problem. 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. 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. You can now import hundreds of your sold listings in a heartbeat with all the fees & profits without having to do a thing! Flight Club operates under a traditional consignment model. All Rights Reserved. Fee amounts are based on the terms in effect when the listing goes live and when it renews. However, with the new update, items sold after March 1, 2022, are now 12.9% + $0.30 for every order on most categories. So it is still worth using Grailed? Lastly, our offer system allows you to directly negotiate with a seller to work towards an ideal price. Go to your, If your rate of 'Item not as described' return requests is evaluated in your. Cons Prices are generally fairhigher than other sites, thoughand the shopping process is relatively simple, granted the stock system is at times convoluted. 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. Keep in mind that all these still depend on the subscription model of the seller. Enter the tax percentage you are charged. For select categories, eBay also allows online escrow services, checks, money orders, and bank-to-bank transfers. 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! I am also and have no idea why. Thank you so much for joining thePayPal Community, and I'm so sorry that the community was not able to answer your question. This is just speculation, but I'm guessing they'd pay out of their own pocket if they disagree with paypal in a case. 20% difference. First, potential sellers must apply in order to list items on the website. 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. We don't sell things, we only receive donations, yet some unknown partner is getting money that should be going to the non-profit. I hope this helps and thank you for joining the Community! To list an item, there are 13 required fields, and at least 20 more optional ones. They usually view the seller as guilty until proven innocent. Select the merchant you want to appeal fees for and enter the details of your transaction, including an associated account if you have one. 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. Pick Up Some of These Gloves First, Tired of Standing? Learn more about how zero insertion fee listings work, including the terms and exclusions for those listings. 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. Thats less than half a percent difference, in favor of Grailed. StockX acts as the middleman, meaning once your sneakers sell and you ship them to a StockX warehouse you are paid out. Hi, I'm a relatively new, but experienced eBay user with about a year (100~) worth of sales to show for it. I've been using Grailed since 2015 but the latest item I've sold, the fees came out to over 25% wtf. Nothing mentioned before payment was made. All Rights reserved. Tip Enter the total amount sold before fees & excluding shipping charges. Youll get paid through PayPal and use the payment platform to print a shipping label. 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. Pros Once you actually sell an item, GOAT (like StockX) sends you a prepaid shipping label to send the sneakers to an authentication center. Graileds 9% + 2.9% and 30 cent Paypal fee equates to 11.9% + 30 cents. Graileds authentication process is a combination of human and machine moderation. You make $343.17, or approximately 86% of the sale price, not including shipping costs. While Ebay has its own flaws, Grailed no longer offers any real advantage to sellers since raising the Grailed fee. While the fees are a terrible deal for sellers, the lack of protection is bad for victims of fraud. Grailed fee: $3.03 ($1.80 Grailed commission + $1.23 payment processing fee) You make: $16.97 . 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. Final value fee (13.25% of $7,500, + 2.35% of $2,570, + $0.30). Welcome! Tags: jordan-brand, yeezy, adidas, nike, grailed, streetwear, resell, sneakers. Commission and fees:If your item sells, youll earn 80 percent of the list price. The wesite I sold my record from charges 200 sek for that but but Paypal made it 250 sek. 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. Every sneaker is in deadstock condition, meaning brand new, unworn in the original packaging. For vehicles, see our Motors fees. Currently only use ebay, grailed and poshmark. You've already used your allocation of zero insertion fee listings this month. Getting paid:Once your item sells, youll receive payment through PayPal. 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. Read more about our, Charged only once per listing for listings with multiple items. PayPal collected their fee .80 and pulled the $1.16 to pay the sales tax. Your Guide to the Best Menswear Fashion Deals, But were not finished. 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.