Fee amounts are based on the terms in effect when the listing goes live and when it renews. Free for many users to make an account, Grailed offers low fees for sellers. I hope this helps and thank you for joining the Community! 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. GOAT focuses exclusively on footwear, predominantly recent drops and noteworthy collaborations. By browsing this website, you consent to the use of cookies. 20% difference. . Otherwise, we charge a notice fee, whether or not you carry out the sale with the buyer. A bustling thoroughfare of designer goods. 10 people found this solution to be helpful. I need some help please. 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. Grailed - Paypal If exchange rates are set by law or regulation, the base exchange rate reflects the government reference rates. 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. 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 item sells immediately for the Buy It Now price of $400. These platforms have invested heavily in expanding their internal authentication teams, citing consumer trust as a valuable asset to cultivate. If your registered address is in the US, the seller currency conversion charge applied and retained by eBay is 3%. Commission rate. No. Seller fees. 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. 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. 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. The fees and benefits vary depending on the type of Store subscription you choose. Well discuss authentication in detail below, and we dont have any new major seller features yet. 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. 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? While the fees are a terrible deal for sellers, the lack of protection is bad for victims of fraud. If your items are relisted automatically, you'll be charged insertion and optional listing upgrade fees each time your item is relisted. 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. Learn more about how zero insertion fee listings work, including the terms and exclusions for those listings. Pros Select the payment method you received based on buyer's location. The Total paid into my PayPal account was $17.16 as shown. 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. 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. At the end of the day, its a worthless service, and the time and money would be better spent elsewhere. Sneakers are having a moment and are a top enthusiast category on the marketplace: on average, a pair of shoes is purchased on eBay every 1.5 seconds, Chan said. What is a partner fee? Shipping is a flat fee, so prices are relatively straightforward. You select a starting price of $199, with a Buy It Now price of $400, and you offer free shipping. All that said, I doubt Grailed actually offers their own 'protection' in many cases, if at all. GRAILED COMMISSION FEE 9% The Grailed Commission fee is applicable to domestic and international transactions. For buyers it is straightforward, however for sellers the high commission can eat away at profits. 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. So if you take the Sold price - Shipping (Grailed Label) - Grailed Fee - Paypal Fee = $434.09 Your ultimate amount released to your Paypal Account. Sellers who have a lot of brand new inventory are in luck, however anyone with lightly used goods cannot sell at all, and the additional transaction fees mean that checkout price is often considerably higher than advertised. Similar to Flight Club, Stadium Goods is a consigner that has a significant online presence. If you want to sell on Grailed, there is a 9% seller's fee. Newly Improved Ebay & Etsy Import System. EDIT: To clarify, I'm only selling new, unused products. 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. "by the website an item is sold from".. for me, this is ebay. Here are some more articles to check out from the Fight And Waive Fees product series. Ebay has been charging a 10% fee for quite a while, and Paypal charges 2.9% + 30 cents per transaction = 12.9% + 30 cents. Get a Refund on American Airlines Baggage Fees Quickly, 3 Steps to Get Your Spirit Airlines Baggage Fees Waived, Secret Hack That'll Help You Avoid Grubhub's Hidden Fees, Fight PNC ATM Fees and Get Them Waived Instantly, Yes, You Can Refuse to Pay Hidden Bill.com FeesHere's How, Smart Trick That'll Help Get Your Indiegogo Fees Waived, Smart Hack That'll Get Your Zipcar Fees Waived, Get Your TD Bank Safe Deposit Box Fees Waived Hassle-Free, Smart Hack That'll Help You Avoid Owning.com's Hidden Fees, Secret Hack That'll Get Your Gemini Fees Refunded Instantly, What Are Bitcoin Fees and How to Get Them Waived, Dispute Unfair Square Fees and Get Your Money Back Today, How to Pay Your Houston Water Bills Online Hassle-Free, How to Remove My Case From The Internet Instantly, How to Recover Your Forgotten Workday Password Hassle-Free, How to Stay In Touch With Inmates at Clements Unit, Sending Money to an Inmate Has Never Been Easier, the piece you obsess over but cannot ever find or afford. Nothing mentioned before payment was made. I hope this helps and thank you again for joining the Community! 2 4 4 comments Best Add a Comment Thanks in advance. There are a lot of optionsthough primarily newer releases and ultra-expensive grailsand buying is very straightforward, tax is even included! Additionally, authentication fees and duties (if you're an international shopper) can potentially add a significant price bump to any purchase. 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. no need to bend over backwards when you loose out on your item and money. Still, in terms of depth and variety, no one holds a candle to us. That said, if youre looking to enter the resell game, GOAT may prove difficult. The move comes as eBay is in the midst of trying to, Sneakers are a key area for growth for eBay. If your item sells, youll receive a pre-paid shipping label and your item will be authenticated before its shipped to the seller. You can now import hundreds of your sold listings in a heartbeat with all the fees & profits without having to do a thing! For US domestic payments, there is a payment processing fee of 3.49% + .49 USD. Those below pay on a sliding scale, with the highest fees reaching 20 percent. You can enhance your listings to help make them stand out by adding certain features, such as a subtitle, or bold font. Grailed by the numbers. Why am i paying 11 partners fee for a 36 order? With their new Managed Payments format, that number will now be 12.35% + 30 cents. For example, while eBay charges around 10% commission, Grailed's selling fees are only 9%, saving you a little money on each sale. The Best Alternatives for Depop (2022) - SellerAider When you set your price for an item, it should account for shipping and a 9% commission for Grailed. You can now calculate hundreds of your sold listings in a heartbeat with all the eBay & Paypal fees without having to do a thing! Grailed is the preeminent marketplace for mens fashion and streetwearobviously, that includes sneakers. Click Here To Try! Go to your, If your rate of 'Item not as described' return requests is evaluated in your. This fee is calculated as a percentage of the total amount of the sale, plus $0.30 per order. 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. Grailed Has FAILED. - The Hundreds Here's why you should sell on Grailed: Pros of selling on Grailed rather than Depop Sell luxury/designer items: While you can sell luxury items on depop, Grailed has a more curated/niche audience looking for hyped clothing pieces. We've outlined the differences below. How it works:Sellers are responsible for photographing and listing their items to their shop on Etsys marketplace. 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. However, with the new update, items sold after March 1, 2022, are now 12.9% + $0.30 for every order on most categories. For sneakers, there is no authentication process in place like the robust processes that StockX or GOAT have. 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. grailed is easier to use for the most part and fees are either on par or lower. Most categories, including Music > Vinyl Records and eBay Motors > Parts & Accessories, Automotive Tools & Supplies, and Safety & Security Accessories. How it was possibly authenticated is beyond comprehension. Privacy Policy. For sneakers, there is no authentication process in place like the robust processes that StockX or GOAT have. You make $8,441.20, or approximately 89% of the sale price, not including shipping costs. The $0.30 per order is not charged. (Read our review about how to buy/sell sneakers on eBay here). 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. The 200 Greatest Singers of All Time Ebay also still has a much bigger user base. my hype items never, I think its hard to sell unless you are the lowest priced. There are no fees for shopping or buying on Grailed. 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. 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! In order to sell, a user must fill out a sell form by finding the product and listing it on the website. Select Others if not listed. GOAT is significantly more complex for sellers than other platforms. Pros Your Guide to the Best Menswear Fashion Deals, But were not finished. Welcome! 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. See how it works. The fee was raised from 6% in August. We have come across some oddities which are cause for concern. Calculate USA eBay Paypal Fee Calculator & Spreadsheet - FinalFees Grailed is a popular marketplace that is known for menswear! While Ebay has its own flaws, Grailed no longer offers any real advantage to sellers since raising the Grailed fee. There is even a petition on Change.org to reduce the fee to 7.5%. Good for selling:Streetwear and sneakers, Popular brands: Jordan, Nike, Supreme, Off-White, Yeezy. A comparison of marketplace fees on eBay, Poshmark, Mercari, Etsy, Facebook Marketplace and more. 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. Do you know who does not physically authenticate ANY items? Consensus: While an iconic destination, Flight Club is predominantly a retail experience. They usually view the seller as guilty until proven innocent. 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 . Now available on Google Chrome Web Store. 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. Sneakers are a key area for growth for eBay. Check out some of the other product series and discover how you can save time and money using DoNotPay. You're selling a trading card for $9,500 with free shipping. Date founded. If you offer or reference your contact information or ask a buyer for their contact information in the context of buying or selling outside of eBay, you'll be charged a final value fee based on the total amount of the sale even if your item doesn't sell. View cart for details. We hate to say it, but if youre looking to buy or sell rare or vintage sneakers, theres no better place than Grailed. 1999-2023 PayPal, Inc. All rights reserved. Hm. the more you sell, the less you pay. 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. 2013. 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. But heres the kicker; Ebay offers discounted shipping labels. See our pages below for more information: Every month, you get up to 250 zero insertion fee listings, or more if you have an eBay Store. How to Get Your Grailed Fees Waived Now [98% Success] Kidizen Selling Fees: Kidizen selling fees are 12% + $0.50 of the sale price. Grailed's commission helps us maintain the marketplace to make buying and selling as easy as possible. 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. Selling on Mercari vs. Selling on eBay - Vendoo eBay's transaction exchange rate is composed of a base exchange rate plus a conversion charge. The short explanation is: both eBay fees and Mercari fees are roughly 13 percent. For those looking for cheap footwear options or shoes below market, GOAT can be difficult. For our community of sneakerheads, eliminating selling fees allows them to turn their sneakers into more cash to fund future purchases, and results in a more robust sneaker inventory for shoppers everywhere, said Jeff Chan, head of mens footwear and apparel at eBay. For buyers, there are no fees for using the platform. 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. Tip * 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. 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! Would of chosen another payment method had I known I would get charged two fees. But eBay, in a play to siphon sellers from other players in the sneaker resale space, has dropped selling fees for sneakers entirely. Its even worse considering that they certainly must know that this service doesnt provide any real value and is probably only being provided as a marketing tool and a way for them to justify charging sellers more money. What is Grailed's commission fee used for? All of the products offered by DoNotPaywill save your time and money wherever you are and wherever you do business. For each time a transaction is made grailed takes a 9% commission of the sold price plus Paypal fees. The higher the price premium, the bigger the hype.. (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). just sit. On top of the fee structure, each sale invokes an additional flat region-dependent tax that ranges from $5-$30. Commission and selling fees : For sellers listing 200 items or less, eBay does not charge an insertion or listing fee. Enter the total amount sold before fees & excluding shipping charges. And what are the best ways to make sure you get the most money back from your unworn wares? The 100 Best Albums of 2022. eBay's selling fees are dependent upon your membership, your store status (subscription), the item, and the payment method, but they might include an insertion fee . Is the Grailed Authentication process good? Please read our Community Rules and Guidelines, Pay, shop, and do even more on the PayPal appGet the App. Select Clothing, Shoes & Accessories categories: Free if starting price is $150 or more* - See: Notes for Basic fees. 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. 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. For example, if your registered address is in the US and you create a listing on eBay.de for which fees are due (such as insertion and/or optional listing upgrade fees), eBay will convert your funds from USD to EUR using the transaction exchange rate applicable at the time of listing, in order to collect these fees. This is a huge advantage for Ebay over Grailed. But, if you are willing/can afford losing an item, it's useful for a few extra sales imo. 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. 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. I am also and have no idea why. Click Here To Try It NowClick Here For Tutorial. Cons 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. Cons Cookies help us customize the PayPal Community for you, and some are necessary to make our site work. Each listing package offers different levels of bundled features for a set fee. 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. That said, our team of round the clock moderators and community team are constantly working to ensure that items are received in a timely manner. Upgrades you have selected for your listing. till you get on grailedyou just wait. Create an account to follow your favorite communities and start taking part in conversations. But were not finished. The majority of products on our marketplace trade for more than their retail price, and the size of their price premium that is, the difference between resale and retail price tends to be a good measure of demand. Cons Grailed takes a commission when your items sell. For popular sneakers, they almost always have stock. 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. Thats why its important to choose the right resale website for selling your clothes and accessories online. 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'? According to the website, a grail is "the piece you obsess over but cannot ever find or afford." As such, we included them separately. If there is a good reason for the request, you may be able to get a refund. Grailed is an online fasion marketplace focused on vintage, high-end, and popular street brands such as, Champion, Nike or Gucci. If you compare them, you are sure to find one that has a more agreeable seller's fee. 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.