It's absolutely terrible for the seller. As sellers keep a greater portion of each sale, they can charge a lower sticker price, which means sneakers are often below market." GRAILED COMMISSION FEE 9% The Grailed Commission fee is applicable to domestic and international transactions. Appreciate the responses. The site claims the increase was to improve the marketplace experience for all users. We have helped over 300,000 people with their problems. I need some help please. But, trust us, theres a reason behind the blatant bias and ego. The website offers a traditional retail experience, with worldwide shipping and simple buying mechanics, search functionality and so forth. For listing mainstream brands that are well-known. Enter the tax percentage you are charged. For Sneakers over $100 in value, the fee is 8%. Fee amounts are based on the terms in effect when the listing goes live and when it renews. 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. eBay has 3 types of fees: Final Value Fee, Insertion Fee and Listing Upgrade Fee. Additionally, authentication fees and duties (if you're an international shopper) can potentially add a significant price bump to any purchase. Select the payment method you received based on buyer's location. Grailed is a popular marketplace that is known for menswear! I agree that Paypal protection can be one sided. Is it a complete waste of time and resources for them? Enter the promotion percentage you are charged. The products work across all products and services in every city and state. eBay Cracks Down on Sneaker Counterfeits With Authenticity Guarantee Program 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. A dialog will open as you type your search terms. When a seller sells something on Grailed, our fee is deducted within the transaction itselfand then Grailed's 6% partner fee is deducted separately. Here is a listing we came across when it was first listed. While the fees are a terrible deal for sellers, the lack of protection is bad for victims of fraud. 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. I was wondering if Grailed has a similar side with the buyer no matter what policy or if they actually value their sellers. The 500 Greatest Songs of All Time 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. Grailedhas recently faced some backlash from users after raising their fee / commission to 9%. eBay offers competitive selling fees. 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. Grailed offers the lowest fees of any platform around at just nine percent (plus Paypal fees). Selling on Mercari vs. Selling on eBay - Vendoo The platform announced the change less than 24 hours before it was implemented. Shopping at either the website or brick and mortar locations is reminiscent of a traditional ecommerce or retail experience, respectively. 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. When you set your price for an item, it should account for shipping and a 9% commission for Grailed. While we are adding product categories everyday, the majority of products are spread across multiple listings rather than all located under one landing page. Good for selling: Streetwear and sneakers, celebrity collaborations, and collectibles, Popular brands:A Bathing Ape, Cactus Jack, Fear of God, Supreme. TheGrailed authentication pagedetails what is considers a high-risk item and this certainly meets the criteria. 8% if total amount of the sale is $150 or more. Press question mark to learn the rest of the keyboard shortcuts. 9%. How it works: Sellers list sneakers that they want to sell via consignment through Stadium Goods Seller Portal. Grailed is currently made up of four marketplaces. A listing upgrade fee is charged with any additional upgrades to your listing, such as extra categories or bolded titles. 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. But eBay, in a play to siphon sellers from other players in the sneaker resale space, has dropped selling fees for sneakers entirely. 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. Post any item for free. Does Grailed charge a payment processing fee? For international payments, there is a payment processing fee of 4.99% + .49 USD. If you are hoping to fight or waive fees on Grailed, you may want to sign the petition. eBay is an online marketplace where users buy and sell products. For that reason, there are other better alternatives. The $0.30 per order is not charged. GOAT focuses exclusively on footwear, predominantly recent drops and noteworthy collaborations. So it is still worth using Grailed? For US domestic payments, there is a payment processing fee of 3.49% + .49 USD. The platform uses PayPal to process payments, so you will have to pay a PayPal seller's feeas well. Newly Improved Ebay & Etsy Import System. Grailed Fees Anyone else flabbergasted at Grailed's fees now? By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. However, with the new update, items sold after March 1, 2022, are now 12.9% + $0.30 for every order on most categories. There are many online marketplaces. With their new Managed Payments format, that number will now be 12.35% + 30 cents. Cons Kidizen Selling Fees: Kidizen selling fees are 12% + $0.50 of the sale price. Getting paid:Payments through direct deposit or PayPal are subject to a 2.9 percent cash out fee. Selling fees | eBay 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. Applications are accepted on a rolling basis and can take days to be processed. The catalogue is similar to many competitors, and like many others only deals in brand new merchandise. 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! Do you have an eBay Store or want to sell vehicles? Etsy also offers tools to help sellers manage and promote their online businesses, and Etsy lets you take advantage of shipping discounts. A partner fee is different from the PayPal fee for using our services to receive payments and will usually say in the transaction details. Consensus: For those searching for exclusively deadstock sneakers, StockX is a good option. Cons We hate to say it, but if youre looking to buy or sell rare or vintage sneakers, theres no better place than Grailed. Get news and analysis about fashion, beauty and culture delivered to your inbox every morning. It was raised on August 12th, 2020 from 6%. DoNotPay will generate the best argument for your case and make sure your fee waiver request gets sent to the merchant for processing. For those in the New York area, selling requires almost no overhead and is very straightforward. Grailed is the preeminent marketplace for mens fashion and streetwearobviously, that includes sneakers. 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. Grailed's 9% + 2.9% and 30 cent Paypal fee equates to 11.9% + 30 cents. 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.. How to Get Your Grailed Fees Waived Now [98% Success] Learn more about how zero insertion fee listings work, including the terms and exclusions for those listings. 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. Newly Improved Ebay & Etsy Import System. Select the merchant you want to appeal fees for and enter the details of your transaction, including an associated account if you have one. 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. Once you factor in PayPal fees, Grailed becomes a problem. Links to our international fees pages: Australia - opens in new window or tab | United Kingdom - opens in new window or tab | Canada - opens in new window or tab | Germany - opens in new window or tab | Spain - opens in new window or tab | France - opens in new window or tab | Italy - opens in new window or tab | Ireland - opens in new window or tab | Belgium (Dutch) - opens in new window or tab | Belgium (French) - opens in new window or tab | Austria - opens in new window or tab | Switzerland - opens in new window or tab | Netherlands - opens in new window or tab | Poland - opens in new window or tab | Greater China region - opens in new window or tab | All other countries - opens in new window or tab. Thats less than half a percent difference, in favor of Grailed. 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. Fees: Grailed takes 6 percent as a commission. Payments are deposited directly into your bank account. As of now, Stadium Goods does not allow consignors to drop off streetwear, despite the fact it sells it. Cons Here is one of many Travis Scott burgers from McDonalds we saw posted when it was first released. eBay's 2022 Seller Price Increases and Fees - OneShop (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). Similar to Flight Club, Stadium Goods is a consigner that has a significant online presence. It feels like i am going in a circle. In both cases, you're eligible for Paypal protection, which is what you seem to have an issue with. Check out some of the other product series and discover how you can save time and money using DoNotPay. By browsing this website, you consent to the use of cookies. The item sells immediately for the Buy It Now price of $400. plus any PayPal fees. - 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. Each sale henceforth affects your score, with 2 points added for a successful sale and 10 points deducted for a poor sale. We charge two main types of selling fees: an insertion fee when you create a listing, and a final value fee when your item sells. For sellers, GOAT is not an ideal website. For other items that sell, theres a final value fee of two to 12.85 percent depending on the products category. and our The company is currently approving sneaker sellers on a rolling basis and a limited number of apparel and accessory sellers. If youre approved, youll use GOATs app to search for your item, enter its condition and price, and upload photos. Click Here To Try It NowClick Here For Tutorial. Sneakers are a key area for growth for eBay. 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. If you need to refund the buyer or cancel the sale, you may be eligible for fee credits as per our fee credits policy. 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. As the authoritative mens clothing marketplace, we know a thing or two about buying and selling, and we ranked the best places across the web to buy and sell sneakersincluding ourselves of course! We charge one final value fee when your item sells, and you don't have to worry about third-party payment processing fees. The retail experience is relatively straightforward and all items are authenticated in-house at one of StockX's warehouses around the world. That said, higher fees and longer wait times make selling on StockX a longer process than competitors. The fee is around 2.9% domestic and around 4.4% international. I've managed to keep 100% positive feedback, but found myself being forced to bend over backwards for some less than desirable buyers. Once the item sells, the user ships it to an authentication center, or drops it off at one of only a handful physical locations. The short explanation is: both eBay fees and Mercari fees are roughly 13 percent. In general, sellers tend to make less money per sale than with competitors. 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. This means it is most likely that your fees will be higher when selling on Grailed than on Ebay once you account for shipping. It seems like no matter what the issue is with the transaction, eBay will always side with the buyer. Ebay has been charging a 10% fee for quite a while, and Paypal charges 2.9% + 30 cents per transaction = 12.9% + 30 cents. © 2023 Copyright Finalfees. The total amount of the sale is $10,070 (includes 6% sales tax). 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. 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. The only true sneaker marketplace, you can communicate directly with your potential buyer, inducting them into the Grailed community. 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. https://www.finalfees.com is neither endorsed by nor affiliated with any with them, nor is the accuracy of its results guaranteed. Its terribly misleading to potential buyers and a real shame if the cost of this service contributed to them deciding to increase their fee. These platforms have invested heavily in expanding their internal authentication teams, citing consumer trust as a valuable asset to cultivate. Getting paid:Once your item sells, youll receive payment through PayPal. For listing high-quality goods that are coveted. 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. 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). The difference here compared to the Grailed method of breaking down the fees is that Paypal rolls the sales tax that the buyer pays here into your total amount, making it look like you actually sold . Pros Search "appeal fees" on DoNotPay, choose the Fight and Waive Fees product, and select the type of fee you want to appeal. 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. To attract the attention of more buyers, you add the Bold listing upgrade. 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. Keep in mind that all these still depend on the subscription model of the seller. The item was purchased for $25 and the partner fee was $2.00. Ebay takes all their fees in other ways so this is not coming from ebay and ebay directs me to paypal.

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