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. 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. Is it a complete waste of time and resources for them? It seems like no matter what the issue is with the transaction, eBay will always side with the buyer. eBay is an online marketplace where users buy and sell products. Graileds authentication process is a combination of human and machine moderation. Deduction on ebay fee for outstanding seller levels and performance. Its terribly misleading to potential buyers and a real shame if the cost of this service contributed to them deciding to increase their fee. The Best Websites To Buy and Sell Sneakers. 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. Reddit and its partners use cookies and similar technologies to provide you with a better experience. To support this change and bring more attention to its sneaker category, eBay began dropping a new colorway of the Yeezy 700 for below the retail price every day since Tuesday. This is a huge advantage for Ebay over Grailed. Good for selling: Streetwear and sneakers, celebrity collaborations, and collectibles, Popular brands:A Bathing Ape, Cactus Jack, Fear of God, Supreme. For each time a transaction is made grailed takes a 9% commission of the sold price plus Paypal fees. Between fees, rolling admission and turn around time, as a new seller you may have missed the boat. 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. I agree that Paypal protection can be one sided. For example, while eBay charges around 10% commission, Grailed's selling fees are only 9%, saving you a little money on each sale. The total amount of the sale is $10,070 (includes 6% sales tax). An example of a partner fee would be the website Grailed who currently charges a 6% fee for sales on their website. 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. For other items that sell, theres a final value fee of two to 12.85 percent depending on the products category. 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! Browse the most sought after Ebay clothing including Short Sleeve T-Shirts, Light Jackets, Hats, & more. *2022 Update*As of January 19, 2022, Ebay has reinstated a final value fee for sneakers. The amount you pay depends on the listing package you choose Basic, Premium, or Plus. New to the community? 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. The catalogue is similar to many competitors, and like many others only deals in brand new merchandise. Cons Does Grailed charge a payment processing fee? You select a starting price of $199, with a Buy It Now price of $400, and you offer free shipping. 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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. Your Guide to the Best Menswear Fashion Deals, But were not finished. What are the seller fees? - Grailed 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. plus any PayPal fees. No. - 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. How it works:Prospective sellers need to fill out an application through GOATs app. 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. We have helped over 300,000 people with their problems. 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. Commission and selling fees : For sellers listing 200 items or less, eBay does not charge an insertion or listing fee. Commission rate. Here are a few options to try. The total amount of the sale includes the item price, any handling charges, the shipping service the buyer selects, sales tax, and any other applicable fees. And what are the best ways to make sure you get the most money back from your unworn wares? And were still not done. You are meeting our performance expectations. 13.25% if total amount of the sale is less than $150. Final value fee (13.25% of $424, + $0.30). The $0.30 per order is not charged. However, you can also use a third-party shipping site to get the discounted rate, regardless of whether you sell on Ebay or Grailed. . Commission and fees:Listing fee of 20 cents, five percent transaction fee, payment processing fee of three percent plus 25 cents. Enter the promotion percentage you are charged. We don't sell things, we only receive donations, yet some unknown partner is getting money that should be going to the non-profit. Free for many users to make an account, Grailed offers low fees for sellers. The 100 Greatest TV Shows of All Time . A dialog will open as you type your search terms. help me please as this does not seem right. According to eBay, I was also charge the final value fees as well I feel like BH Im being charged twice. Unfortunate. Please read our Community Rules and Guidelines, Pay, shop, and do even more on the PayPal appGet the App. To attract the attention of more buyers, you add the Bold listing upgrade. Currently only use ebay, grailed and poshmark. 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. There are a lot of optionsthough primarily newer releases and ultra-expensive grailsand buying is very straightforward, tax is even included! 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! 20% difference. Fortunately, selling fees on Grailed are slightly lower than many other large selling sites such as eBay. StockX is less straightforward than competitors. Please keep in mind that not all optional listing upgrades are available with every listing tool and not all optional listing upgrades may be displayed across all our sites, services, applications, and tools. Editors picks 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. DoNotPay will generate the best argument for your case and make sure your fee waiver request gets sent to the merchant for processing. Check out our top picks below. EDIT: To clarify, I'm only selling new, unused products. PirateShipis our suggestion, and they make it easy to ship with USPS or UPS. Grailed is a popular marketplace that is known for menswear! 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. Stadium Goods is a similar experience to many other platforms, offering a wide array of sneakers varying in cost due to size and demand. All of the products offered by DoNotPaywill save your time and money wherever you are and wherever you do business. However, with the new update, items sold after March 1, 2022, are now 12.9% + $0.30 for every order on most categories. How to Get Your Grailed Fees Waived Effortlessly. Flight Club is a true retailer, and since all product is onsite in either a store or a warehouse, turnaround times are quick. 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. Today, the company sells everything from streetwear to watches and handbags, all of which are in brand new condition. Whats great about the resale platform is that it offers real-time pricing data and buyers can see the price history of specific items. A bustling thoroughfare of designer goods. 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. the more you sell, the less you pay. Sold an item for 220 bucks - they charged tax (automatically not something I asked for) and the partner fee was 50 bucks. 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 Total paid into my PayPal account was $17.16 as shown. 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.). Enter the total amount charged for shipping to buyer. I've managed to keep 100% positive feedback, but found myself being forced to bend over backwards for some less than desirable buyers. If your items are relisted automatically, you'll be charged insertion and optional listing upgrade fees each time your item is relisted. 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. 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.. I wonder how these made it through the filter if every item is reviewed? If you run out of free listings, a $0.30 insertion fee is charged when you list an item. Enter the tax percentage you are charged. 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. . 2023 Digiday Media. But, trust us, theres a reason behind the blatant bias and ego. Grailed additionally allows you to sell used sneakers as well, unlike competitors who only allow brand new ("deadstock") sneakers on site. If you have already completed the transaction, you can contact customer service and request the fee be refunded. Now available on Google Chrome Web Store. We'll indicate which listings are subject to additional fees on your Account Summary - opens in new window or tab. eBay is an online marketplace where users buy and sell products. Calculate USA eBay Paypal Fee Calculator & Spreadsheet - FinalFees Date founded. Grailed - Paypal This means that a seller could easily use photos of a legit item but ship you a fake. Pick out what category is your Ebay store. Our expert moderators ensure all listings posted for sale are 100% authentic. 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. Fees: Grailed takes 6 percent as a commission. 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! Plus, StockX physically authenticates every pair of shoes that gets sold on the platform. The short explanation is: both eBay fees and Mercari fees are roughly 13 percent. The website offers a traditional retail experience, with worldwide shipping and simple buying mechanics, search functionality and so forth. 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. 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'? ABOUT EBAY FEES. In an attempt to explain the increase, Grailed stated that they have been spending a lot of money on authenticating items, and that they will be investing further in improving the site for sellers. So how does this 9% fee stack up? Those below pay on a sliding scale, with the highest fees reaching 20 percent. 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. The fees and benefits vary depending on the type of Store subscription you choose. Stockx vs eBay: How to Sell Your Clothing and Sneakers Online - Rolling Lastly, our offer system allows you to directly negotiate with a seller to work towards an ideal price. StockX acts as the middleman, meaning once your sneakers sell and you ship them to a StockX warehouse you are paid out. A Reseller's Guide to Marketplace Fees - Blog.vendoo.co I am scared to list half my inventory because of scammers and eBay's policies. Reserve price in select Business & Industrial categories: International site visibility for auction-style listings, International site visibility for fixed price listings. You can enhance your listings to help make them stand out by adding certain features, such as a subtitle, or bold font. At the end of the day, its a worthless service, and the time and money would be better spent elsewhere. Does Grailed charge a payment processing fee? - Grailed Of course there would also be the operation cost of investigating the case themselves. The fees for these optional listing upgrades vary depending on your item's price and the listing format and duration. Pros EBay said that, while it does not authenticate sneakers, there are a variety of ways to report fakes found on the site. All Rights Reserved. eBay was founded in 1995, and it definitely shows in the user interface. Consensus: While an iconic destination, Flight Club is predominantly a retail experience. The fee was raised from 6% in August. Grailed is the preeminent marketplace for mens fashion and streetwearobviously, that includes sneakers. Good for selling:Streetwear and sneakers, Popular brands: Jordan, Nike, Supreme, Off-White, Yeezy. For those looking for cheap footwear options or shoes below market, GOAT can be difficult. Why am i paying 11 partners fee for a 36 order? While Ebay has its own flaws, Grailed no longer offers any real advantage to sellers since raising the Grailed fee. Since Flight Club is still technically a brick and mortar store, prices tend to be a bit steeperthey have to cover rent and inventory. Listing items is not for the faint of heart. If you compare them, you are sure to find one that has a more agreeable seller's fee. Ebay has been charging a 10% fee for quite a while, and Paypal charges 2.9% + 30 cents per transaction = 12.9% + 30 cents. Getting paid:Once your item sells, youll receive payment through PayPal. 9%. For sellers, GOAT is not an ideal website. Grailed Fees : r/Grailed - reddit 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. 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. Youll also need to include all of the details such as the brand, size, material, condition, and more. If you need to refund the buyer or cancel the sale, you may be eligible for fee credits as per our fee credits policy. Grailed fee: $3.03 ($1.80 Grailed commission + $1.23 payment processing fee) You make: $16.97 . PayPal fees for transactions within the United States are 2.9 percent plus $0.30 per transaction, while. Pay, shop, and do even more on the PayPal app. 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. 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. Select Clothing, Shoes & Accessories categories: Free if starting price is $150 or more* - See: Notes for Basic fees. Charged per listing and per category. Were going to breakdown whether that fee is reasonable, or whether youre better off selling onEbayorStockX. 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. If exchange rates are set by law or regulation, the base exchange rate reflects the government reference rates. (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). For comparison, StockX brought in about $700 million last year, though that includes its other categories, which make up a smaller portion of . Growing the Grailed community to foster a . How it works: Sellers list sneakers that they want to sell via consignment through Stadium Goods Seller Portal. Did you ever find an answer of why you are being charged a partner fee by ebay? Enter the tax percentage you are charged. Do not waste your time searching for solutions when DoNotPay has you covered without all the work. For its service, Flight Club charges a 20 percent flat rate fee on every pair of sneakers solda hefty price compared to competitors. There is not much chance the fee will be waived using any method. 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. Click Here To Try! Ebay is the most obvious competitor to compare against. Most of my sales are on ebay and luxury (like saint laurent) and hype (supreme) does best there. Is the partner fee basically the eBay fees when an item sells? The online marketplace exclusively for high-end men's designer clothes is Grailed. 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. Each listing package offers different levels of bundled features for a set fee. 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. Additionally, authentication fees and duties (if you're an international shopper) can potentially add a significant price bump to any purchase. This does not make any sense. 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. Good for selling:Vintage items (including clothing, accessories, and music memorabilia), handmade goods, and craft supplies. I am also and have no idea why. The seller has subsequently added some real photos, but the listing was posted and remained authenticated for two weeks while it only had the stock photos. A listing upgrade fee is charged with any additional upgrades to your listing, such as extra categories or bolded titles. 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. no need to bend over backwards when you loose out on your item and money. While Amazon charges nearly 15% and eBay isn't far behind at 13% Grailed charges close to 10%. The Ultimate Grailed Guide - How to Sell on Grailed FAST The conversion charge is a fixed percentage applied to the base exchange rate and retained by eBay. 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. Welcome! 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. I do best on Ebay. Cons How it works: Sellers are responsible for all listing details, including descriptions and photographs. Grailed claims to offer their own protection which I have yet to hear any testimonials about, just constant copy pasta from Grailed staff. 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. Thanks in advance. The retail experience is relatively straightforward and all items are authenticated in-house at one of StockX's warehouses around the world. 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. There is even a petition on Change.org to reduce the fee to 7.5%. Submit your case! The higher of the two final value fees is charged, if your item sells, Reserve price In general, sellers tend to make less money per sale than with competitors. I hope this helps and thank you again for joining the Community! 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. You've already used your allocation of zero insertion fee listings this month. Shopping at either the website or brick and mortar locations is reminiscent of a traditional ecommerce or retail experience, respectively. Sneaker resellers have more options than ever and between consignment shops and marketplaces, there are countless ways to flip sneakers. For select categories, eBay also allows online escrow services, checks, money orders, and bank-to-bank transfers. Once the item sells, the user ships it to an authentication center, or drops it off at one of only a handful physical locations. 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. Getting paid:Once your sold item is successfully verified by StockXs authentication staff, you can get paid in as soon as 30 minutes if you choose PayPal as your preferred payment method or in a few hours if you choose Venmo. If youre looking to cop a pair of hyped sneakers online, its great. 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. As Flight Club is a true consignor, you are only paid once your sneakers 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. EBay typically charges around 10% of the items sale value, with variations based on the product sold and the sellers account tier. Pros When the petition has gained enough attention, the platform may reevaluate the fee. Sneakers are a key area for growth for eBay. If eBay converts your funds, the conversion will be completed at the transaction exchange rate we set for the relevant currency exchange. I was wondering if Grailed has a similar side with the buyer no matter what policy or if they actually value their sellers. Grailed Fees Anyone else flabbergasted at Grailed's fees now? Partner Fees?! : r/Grailed - Reddit Grailed puts your grail within reach. Grailed is free for buyers and sellers pay a low commission fee. Pros Cons Upgrades you have selected for your listing. If you are hoping to fight or waive fees on Grailed, you may want to sign the petition. Cons Each sale henceforth affects your score, with 2 points added for a successful sale and 10 points deducted for a poor sale. 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. 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. eBay has 3 types of fees: Final Value Fee, Insertion Fee and Listing Upgrade Fee. Etsy also offers tools to help sellers manage and promote their online businesses, and Etsy lets you take advantage of shipping discounts. Commission and selling fees:For sellers listing 200 items or less, eBay does not charge an insertion or listing fee. 1999-2023 PayPal, Inc. All rights reserved. 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. The fee is around 2.9% domestic and around 4.4% international. That said, higher fees and longer wait times make selling on StockX a longer process than competitors. For listing high-quality goods that are coveted. Click Here To Try It NowClick Here For Tutorial. How does eBay compare to Grailed? : r/Grailed - Reddit What separates eBay from other sellers is our strong partnerships with other brands. All you have to do is connect with your eBay account and that's it. 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 . Grailed by the numbers. I need some help please. For a monthly subscription, you can run your own eBay Store. 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 . GOAT is an online only sneaker site that sells both new and lightly used sneakers.