ABOUT EBAY FEES. I hope this helps and thank you again for joining the Community! © 2023 Copyright Finalfees. just sit. I was so confused by this topic I called E-bay and the partner fees are for Sales Tax added to the price a buyer pays for instance I sold an item on E-bay for $12.00. Once the item sells, the user ships it to an authentication center, or drops it off at one of only a handful physical locations. If you compare them, you are sure to find one that has a more agreeable seller's fee. Given our industry low fee structure, sneakers are legitimately cheaper on Grailed. GOAT is an online only sneaker site that sells both new and lightly used sneakers. Grailed is free for buyers and sellers pay a low commission fee. From StockX to eBay, these online marketplaces will help turn your clothes and kicks (and more) into cash, Got Unworn Kicks and Closet Castoffs? 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. Editors picks All of the products offered by DoNotPaywill save your time and money wherever you are and wherever you do business. 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.). 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. We don't sell things, we only receive donations, yet some unknown partner is getting money that should be going to the non-profit. 10 people found this solution to be helpful. 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. 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. Is the partner fee basically the eBay fees when an item sells? Insane. - See: Notes for Good Til Cancelled listings, Fees for selling a vehicle on eBay Motors, fee page for your country or region of residence, Commercial, Residential, and Other Real Estate, Auction-style listings 1, 3, 5, 7 and 10-day duration, Fixed price listings Good 'Til Cancelled. 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. Tags: jordan-brand, yeezy, adidas, nike, grailed, streetwear, resell, sneakers. If you use the Classified Ad format, scheduling a listing will cost $0.10. To list an item, there are 13 required fields, and at least 20 more optional ones. 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. 1999-2023 PayPal, Inc. All rights reserved. Appreciate the responses. Did you ever find an answer of why you are being charged a partner fee by ebay? How it works: Sellers list sneakers that they want to sell via consignment through Stadium Goods Seller Portal. 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. It will have seven more mystery drops daily starting on Thursday. The main reason users are so upset is because they feel like there was no warning. The $0.30 per order is not charged. They usually view the seller as guilty until proven innocent. For other items that sell, theres a final value fee of two to 12.85 percent depending on the products category. Free for many users to make an account, Grailed offers low fees for sellers. The Fight and Waive Fees product is just one of the many products DoNotPay offers that will save you time and money. Thank you so much for joining thePayPal Community, and I'm so sorry that the community was not able to answer your question. Nothing mentioned before payment was made. These platforms have invested heavily in expanding their internal authentication teams, citing consumer trust as a valuable asset to cultivate. I am also and have no idea why. E-bay will pull their fees when they invoice me at the end of the month. 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. Ebay has been charging a 10% fee for quite a while, and Paypal charges 2.9% + 30 cents per transaction = 12.9% + 30 cents. Is it a complete waste of time and resources for them? Competing on selling fees is also important since eBay does not compete with other resellers on authentication. Whats great about the resale platform is that it offers real-time pricing data and buyers can see the price history of specific items. Thanks in advance. PayPal's seller's fee varies and is based on the location of the buyer's billing address. For each time a transaction is made grailed takes a 9% commission of the sold price plus Paypal fees. Stadium Goods is a similar experience to many other platforms, offering a wide array of sneakers varying in cost due to size and demand. 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. These listings count towards your monthly zero insertion fee listings. The self-described stock market of things StockX began as a marketplace to determine the actual aftermarket value of hyped sneakers. Charged per listing and per category. All Rights reserved. New to the community? If youre looking to cop a pair of hyped sneakers online, its great. Additionally, authentication fees and duties (if you're an international shopper) can potentially add a significant price bump to any purchase. As Flight Club is a true consignor, you are only paid once your sneakers sell. We want to hear it. The Total paid into my PayPal account was $17.16 as shown. When the petition has gained enough attention, the platform may reevaluate the fee. Since you aren't charging the buyer for shipping or any other costs, $424 is the total amount of the sale (includes 6% sales tax). 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. Grailed puts your grail within reach. Scott Cutler, CEO of streetwear resale platform StockX, tells Rolling Stone that in order to maximize resale value, it is critical that sellers keep products in deadstock or new condition. We hate to say it, but if youre looking to buy or sell rare or vintage sneakers, theres no better place than Grailed. Once you actually sell an item, GOAT (like StockX) sends you a prepaid shipping label to send the sneakers to an authentication center. Enter the tax percentage you are charged. One stock photo from a seller with no feedback, yet it is somehow Digitally Authenticated. To put any trust in this process would be unwise. We'll indicate which listings are subject to additional fees on your Account Summary - opens in new window or tab. 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. For those looking for cheap footwear options or shoes below market, GOAT can be difficult. This is a. See how it works. Reserve price in select Business & Industrial categories: International site visibility for auction-style listings, International site visibility for fixed price listings. At the end of the day, its a worthless service, and the time and money would be better spent elsewhere. If your item sells, youll receive a pre-paid shipping label and your item will be authenticated before its shipped to the seller. 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. "by the website an item is sold from".. for me, this is ebay. Good for selling:Vintage and new clothing, sneakers, collectibles, music memorabilia, Popular brands:Jordan, Yeezy, Nike, Adidas, New Balance. The short explanation is: both eBay fees and Mercari fees are roughly 13 percent. If your registered address is in the US, the seller currency conversion charge applied and retained by eBay is 3%. 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. 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. Then once properly authenticated, the item is shipped and the seller is paid. 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. 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. By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. Click Here To Try It NowClick Here For Tutorial. As such, we included them separately. Who is this partner? Pros The Best Websites To Buy and Sell Sneakers. If you are hoping to fight or waive fees on Grailed, you may want to sign the petition. the more you sell, the less you pay. When you set your price for an item, it should account for shipping and a 9% commission for Grailed. After the center verifies the item, your funds are released and are available as Credits. In order to cash out, an additional 2.9 percent fee is applied, meaning in order for you funds to hit you bank or PayPal account theres a minimum 12.4 percent fee plus an additional $5 minimum charge. So how does this 9% fee stack up? For sneakers, there is no authentication process in place like the robust processes that StockX or GOAT have. When you create listings or sell items on an international eBay site, eBay may convert your funds to a different currency in order to collect amounts owed by you to eBay, or to payout funds due to you. 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. For men's athletic shoes, there's no final value fee if the pair sells. Grailed offers the lowest fees of any platform around at just nine percent (plus Paypal fees). Click Here To Try It NowClick Here For Tutorial. I wonder how these made it through the filter if every item is reviewed? 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) For listing highly anticipated new releases. All Rights Reserved. Grailed's 9% + 2.9% and 30 cent Paypal fee equates to 11.9% + 30 cents. Press question mark to learn the rest of the keyboard shortcuts. StockX acts as the middleman, meaning once your sneakers sell and you ship them to a StockX warehouse you are paid out. If so, should I still have to worry about paying my eBay seller fees? Grailedhas recently faced some backlash from users after raising their fee / commission to 9%. Cookie Notice Welcome! The site offers almost zero protection and all fraud cases are first worked through PayPal. 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. Submit your case! (Read our review about how to buy/sell sneakers on eBay here). However, with the new update, items sold after March 1, 2022, are now 12.9% + $0.30 for every order on most categories. The only true sneaker marketplace, you can communicate directly with your potential buyer, inducting them into the Grailed community. 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'? Consensus: Theres a reason Grailed has such an incredible user retention rate. Gallery Plus Heres another we randomly came across, nearly a year after this article was originally written. Is the Grailed Authentication process good? 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. 2013. The conversion charge is a fixed percentage applied to the base exchange rate and retained by eBay. Tax and shipping are tacked on after a purchase, and the store ships to most countries, though at a cost. 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. You can now import hundreds of your sold listings in a heartbeat with all the fees & profits without having to do a thing! Free for many users to make an account, Grailed offers low fees for sellers. StockX is less straightforward than competitors. Cons 13.25% if total amount of the sale is less than $150. eBay was founded in 1995, and it definitely shows in the user interface. Send us a tip using our anonymous form.
grailed fees vs ebay fees