Grailed additionally allows you to sell used sneakers as well, unlike competitors who only allow brand new ("deadstock") sneakers on site. Even though I've listed items plenty of times, I still make mistakes. That said, if youre looking to enter the resell game, GOAT may prove difficult. The site claims the increase was to improve the marketplace experience for all users. If you have already completed the transaction, you can contact customer service and request the fee be refunded. According to eBay, I was also charge the final value fees as well I feel like BH Im being charged twice. Related Stories Home cleaning often comes with the realization that youve amassed way too much stuff including in your wardrobe. Charged per listing and per category. StockX only allows brand new merchandise, meaning anyone with once-worn or slightly used sneakers is out of luck. How it works: Sellers list sneakers that they want to sell via consignment through Stadium Goods Seller Portal. I've been using Grailed since 2015 but the latest item I've sold, the fees came out to over 25% wtf. We hate to say it, but if youre looking to buy or sell rare or vintage sneakers, theres no better place than Grailed. But were not finished. Commission and selling fees:For sellers listing 200 items or less, eBay does not charge an insertion or listing fee. 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. EDIT: To clarify, I'm only selling new, unused products. 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. my hype items never, I think its hard to sell unless you are the lowest priced. "by the website an item is sold from".. for me, this is ebay. Post any item for free. Nothing mentioned before payment was made. 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. Does Grailed charge a payment processing fee? An example of a partner fee would be the website Grailed who currently charges a 6% fee for sales on their website. 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. The fees and benefits vary depending on the type of Store subscription you choose. 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. Otherwise, we charge a notice fee, whether or not you carry out the sale with the buyer. And were still not done. You can enhance your listings to help make them stand out by adding certain features, such as a subtitle, or bold font. Enter the total amount sold before fees & excluding shipping charges. Grailed by the numbers. 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! Pros Thats right, Grailed. 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. For buyers, there are no fees for using the platform. Another (Celine) Portrait: See Bob Dylan in Fashion Brand's Latest 'Performer' Series. 1999-2023 PayPal, Inc. All rights reserved. The conversion charge is a fixed percentage applied to the base exchange rate and retained by eBay. We have helped over 300,000 people with their problems. 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) 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'? 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. Thats less than half a percent difference, in favor of Grailed. The wesite I sold my record from charges 200 sek for that but but Paypal made it 250 sek. Cons 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. eBays listings allow sellers to specify multiple categories, item specifics, condition, and many other details. 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. Whats great about the resale platform is that it offers real-time pricing data and buyers can see the price history of specific items. PayPal fees for transactions within the United States are 2.9 percent plus $0.30 per transaction, while. If you are hoping to fight or waive fees on Grailed, you may want to sign the petition. The 200 Greatest Singers of All Time Learn more about how zero insertion fee listings work, including the terms and exclusions for those listings. Copyright 1995-2023 eBay Inc. All Rights Reserved. Cons Here are a few options to try. For that reason, there are other better alternatives. You make $8,441.20, or approximately 89% of the sale price, not including shipping costs. The short explanation is: both eBay fees and Mercari fees are roughly 13 percent. For listing mainstream brands that are well-known. The bran will store your shoes and sell them on your behalf on its website, retail stores, or other sales channels. Given our industry low fee structure, sneakers are legitimately cheaper on Grailed. 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. Click Here To Try It NowClick Here For Tutorial. Submit your case! Please note that for international payments processed through PayPal, the payment processing fee may vary based on the location of the buyer's PayPal billing address. There is even a petition on Change.org to reduce the fee to 7.5%. Do you have an eBay Store or want to sell vehicles? eBay's transaction exchange rate is composed of a base exchange rate plus a conversion charge. If eBay converts your funds, the conversion will be completed at the transaction exchange rate we set for the relevant currency exchange. Youll also need to include all of the details such as the brand, size, material, condition, and more. 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. 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. Fees: Grailed takes 6 percent as a commission. © 2023 Copyright Finalfees. 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. Be sure to also check out any relevant payment processing fees that may apply to your transaction. Fees are different for Store subscribers and for selling vehicles. When you set your price for an item, it should account for shipping and a 9% commission for Grailed. This means that a seller could easily use photos of a legit item but ship you a fake. The move comes as eBay is in the midst of trying to, Sneakers are a key area for growth for eBay. . Hm. 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. Copyright 2023 Penske Business Media, LLC. Editors picks 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. Once the item sells, the user ships it to an authentication center, or drops it off at one of only a handful physical locations. core (like nike sneakers, sweats etc.) And what are the best ways to make sure you get the most money back from your unworn wares? Pros Getting paid:Once your item sells, youll receive payment through PayPal. But as of Tuesday, sneakers no longer carry any selling fees for pairs sold for more than $100. Graileds 9% + 2.9% and 30 cent Paypal fee equates to 11.9% + 30 cents. Free for many users to make an account, Grailed offers low fees for sellers. Good for selling:Vintage items (including clothing, accessories, and music memorabilia), handmade goods, and craft supplies. Enter the total amount sold before fees & excluding shipping charges. 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. Grailed is a popular marketplace that is known for menswear! 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. I sold an item on eBay. and our Worth noting, on any site your likelihood of being scammed increases if you're selling hype items that appeal to a younger audience. Currently only use ebay, grailed and poshmark. 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. 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. Growing the Grailed community to foster a . If you use the Classified Ad format, scheduling a listing will cost $0.10. The $0.30 per order is not charged. If your registered address is in the US, we charge an International fee if either: This fee is calculated as 1.65% of the total amount of the sale and is automatically deducted from your sales. Cookies help us customize the PayPal Community for you, and some are necessary to make our site work. If you're a registered 501(c)(3) non-profit, then our fee is2.2% + $0.30 per transaction. Our expert moderators ensure all listings posted for sale are 100% authentic. For US domestic payments, there is a payment processing fee of 3.49% + .49 USD. Select the payment method you received based on buyer's location. Each sale henceforth affects your score, with 2 points added for a successful sale and 10 points deducted for a poor sale. 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. 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. We don't sell things, we only receive donations, yet some unknown partner is getting money that should be going to the non-profit. Upgrades you have selected for your listing. Thanks in advance. 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. This does not make any sense. Prices are generally fairhigher than other sites, thoughand the shopping process is relatively simple, granted the stock system is at times convoluted. Pros The fee is around 2.9% domestic and around 4.4% international. Shipping is a flat fee, so prices are relatively straightforward. eBay has 3 types of fees: Final Value Fee, Insertion Fee and Listing Upgrade Fee. Pros It's absolutely terrible for the seller. For buyers it is straightforward, however for sellers the high commission can eat away at profits. Who is this partner? These Anti-Fatigue Mats Will Cushion and Support Your Feet, Another (Celine) Portrait: See Bob Dylan in Fashion Brand's Latest 'Performer' Series, The Best Wireless Range Extenders to Use (and How They Work), Outdoor Buds: These Fully Waterproof Workout Earbuds Are Just $30, The National Stay Up Late to Perform 'Tropic Morning News' on Fallon, David Lindley, Multi-Instrumentalist Who Shaped the Sound of Soft Rock, Dead at 78, Suki Waterhouse Won't Take Romance for Granted on New Single 'To Love', Travis Barker Says His Finger Ligament Surgery Was a 'Success' After Postponing Blink-182 Tour. For each time a transaction is made grailed takes a 9% commission of the sold price plus Paypal fees. As sellers keep a greater portion of each sale, they can charge a lower sticker price, which means sneakers are often below market." Is it a complete waste of time and resources for them? With their new Managed Payments format, that number will now be 12.35% + 30 cents. Consensus: While an iconic destination, Flight Club is predominantly a retail experience. 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. Cons . You can now import hundreds of your sold listings in a heartbeat with all the fees & profits without having to do a thing! Each listing package offers different levels of bundled features for a set fee. Competing on selling fees is also important since eBay does not compete with other resellers on authentication. 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. Cons No matter which format you choose, there are some rules you should be aware of, so please take a moment to read our Real estate policy. Sneakers are a key area for growth for eBay. till you get on grailedyou just wait. It feels like i am going in a circle. 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. Even if you went an easier route with StockX, they charge 9.5% (or less) and you dont even have to pay to ship your shoes, they provide a label, which means they are definitely cheaper than the Grailed fee as well. 13.25% if total amount of the sale is less than $150. 10 people found this solution to be helpful. Curious where everyone sells and what, I'm looking to get into other platforms. In this situation, the total amount of the sale is determined as follows: Additional final value fees may apply on sales in the following circumstances: Any additional final value fees will be calculated as a percentage of the total amount of the sale. 9%. Gallery Plus plus any PayPal fees. 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. 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 amount we charge depends on the item's price, the format and category you choose for your listing, any optional listing upgrades you add, and your seller conduct and performance. If you run out of free listings, a $0.30 . A bustling thoroughfare of designer goods. Keep reading to find out how you can save time and money using DoNotPay, and check out these articles from the Fight and Waive Fees product series. 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. The site claims the increase was to improve the marketplace experience for all users. Lastly, our offer system allows you to directly negotiate with a seller to work towards an ideal price. A partner fee is different from the PayPal fee for using our services to receive payments and will usually say in the transaction details. Free for listings in the Art, Antiques, Collectibles, and Pottery & Glass categories, An insertion fee is always charged for the second category, and fees for any optional listing upgrades apply again. Commission and fees:Listing fee of 20 cents, five percent transaction fee, payment processing fee of three percent plus 25 cents. Enter the total amount charged for shipping to buyer. How can i find who is taking this money out of my account. 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. While Ebay has its own flaws, Grailed no longer offers any real advantage to sellers since raising the Grailed fee. Do you know who does not physically authenticate ANY items? For mens athletic shoes, theres no final value fee if the pair sells for $100 or more. Flight Club only deals in new sneakers. Fortunately, selling fees on Grailed are slightly lower than many other large selling sites such as eBay. Sellers also like using StockX because it offers anonymity, and they can sell to buyers in over 200 countries and territories around the world. For comparison, StockX brought in about $700 million last year, though that includes its other categories, which make up a smaller portion of . Sneakers are a key area for growth for eBay. 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.). Grailed puts your grail within reach. When you set your price for an item, it should account for shipping and a 9% commission for Grailed. To list an item, there are 13 required fields, and at least 20 more optional ones. It seems like no matter what the issue is with the transaction, eBay will always side with the buyer. I was wondering if Grailed has a similar side with the buyer no matter what policy or if they actually value their sellers. 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.