You make $343.17, or approximately 86% of the sale price, not including shipping costs. Once rivals in the space, early last year GOAT and consignment shop Flight Club merged into one company. If exchange rates are set by law or regulation, the base exchange rate reflects the government reference rates. Here are some more articles to check out from the Fight And Waive Fees product series. 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! If you want to sell on Grailed, there is a 9% seller's fee. 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. We hate to say it, but if youre looking to buy or sell rare or vintage sneakers, theres no better place than Grailed. Well discuss authentication in detail below, and we dont have any new major seller features yet. 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. Shipping is a flat fee, so prices are relatively straightforward. 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. If you are hoping to fight or waive fees on Grailed, you may want to sign the petition. 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 . Search "appeal fees" on DoNotPay, choose the Fight and Waive Fees product, and select the type of fee you want to appeal. Enter the total amount charged for shipping to buyer. Related Stories As sellers keep a greater portion of each sale, they can charge a lower sticker price, which means sneakers are often below market." After you've used your zero insertion fee allowance, insertion fees are: Good 'Til Cancelled listings are fixed price listings that renew automatically once per calendar month. If this post or any other was helpful, please enrich the community by giving kudos or accepting it as a solution. Pick out what category is your Ebay store. Thats right, Grailed. E-bay will pull their fees when they invoice me at the end of the month. But were not finished. For sellers, Grailed feeshave gone up to 9%. Kidizen Selling Fees: Kidizen selling fees are 12% + $0.50 of the sale price. 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 3 types of fees: Final Value Fee, Insertion Fee and Listing Upgrade Fee. For listing mainstream brands that are well-known. Cons 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. The fee was raised from 6% in August. Cons As such, we included them separately. 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. 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. I hope this helps and thank you for joining the Community! 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. Free for many users to make an account, Grailed offers low fees for sellers. Pros Commission and selling fees : For sellers listing 200 items or less, eBay does not charge an insertion or listing fee. 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. Hm. 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. Fees: Grailed takes 6 percent as a commission. 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. You can now calculate hundreds of your sold listings in a heartbeat with all the eBay & Paypal fees without having to do a thing! Popular brands:Nike, Louis Vuitton, Visvim, Levis, Raf Simons, Good for selling:Luxury menswear, streetwear, and sneakers. Cookie Notice 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. 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. For those in the New York area, selling requires almost no overhead and is very straightforward. eBays listings allow sellers to specify multiple categories, item specifics, condition, and many other details. 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. Grailed commission fees Post any item for free. The conversion charge is a fixed percentage applied to the base exchange rate and retained by eBay. 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. That said, higher fees and longer wait times make selling on StockX a longer process than competitors. Unfortunate. Good for selling:Streetwear and sneakers, Popular brands: Jordan, Nike, Supreme, Off-White, Yeezy. Is the Grailed Authentication process good? 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. 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. Home cleaning often comes with the realization that youve amassed way too much stuff including in your wardrobe. eBay offers competitive selling fees. 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. For buyers it is straightforward, however for sellers the high commission can eat away at profits. While Flight Club has almost every new release you may be searching for, older modelswhich are more difficult to authenticateare often not available. Upgrades you have selected for your listing. Additionally, authentication fees and duties (if you're an international shopper) can potentially add a significant price bump to any purchase. Consensus: From a buyers perspective, GOAT is great. Since Flight Club is still technically a brick and mortar store, prices tend to be a bit steeperthey have to cover rent and inventory. But as of Tuesday, sneakers no longer carry any selling fees for pairs sold for more than $100. 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. 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. Every sneaker is in deadstock condition, meaning brand new, unworn in the original packaging. 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. Currently only use ebay, grailed and poshmark. 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. All Rights Reserved. The higher of the two final value fees is charged, if your item sells, Reserve price Pick Up Some of These Gloves First, Tired of Standing? I've managed to keep 100% positive feedback, but found myself being forced to bend over backwards for some less than desirable buyers. There is even a petition on Change.org to reduce the fee to 7.5%. Enter the tax percentage you are charged. This means it is most likely that your fees will be higher when selling on Grailed than on Ebay once you account for shipping. Gallery Plus Here is an overview of fees, credits, and invoices on eBay. PayPal collected their fee .80 and pulled the $1.16 to pay the sales tax. PayPal's seller's fee varies and is based on the location of the buyer's billing address. The 100 Best Albums of 2022. 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. But, trust us, theres a reason behind the blatant bias and ego. GOAT focuses exclusively on footwear, predominantly recent drops and noteworthy collaborations. 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. If you love high-end designer men's fashion but thought you couldn't afford it, then Grailed is the place for you. Grailed is currently made up of four marketplaces. (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). 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. 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. For example, while eBay charges around 10% commission, Grailed's selling fees are only 9%, saving you a little money on each sale. If you have already completed the transaction, you can contact customer service and request the fee be refunded. Insertion fees for Classified Ads are $9.95 for a 30-day listing and there are no final value fees. Auto-suggest helps you quickly narrow down your search results by suggesting possible matches as you type. Is it better than nothing? 37 19 19 comments Best Add a Comment Like Flight Club, Stadium Goods lets consigners set their own prices, however works with them in order to try and match market cost. 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. If your items are relisted automatically, you'll be charged insertion and optional listing upgrade fees each time your item is relisted. The partner fee is the fee you're charged for "promoting" your listing on eBay. 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. 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. Listing items is not for the faint of heart. Unlike other websites, GOAT functions differently as it is predominantly geared towards buyers. Insane. An example of a partner fee would be the website Grailed who currently charges a 6% fee for sales on their website. If there is a good reason for the request, you may be able to get a refund. Flight Club only deals in new sneakers. These platforms have invested heavily in expanding their internal authentication teams, citing consumer trust as a valuable asset to cultivate. Reddit and its partners use cookies and similar technologies to provide you with a better experience. For those looking for cheap footwear options or shoes below market, GOAT can be difficult. On top of the fee structure, each sale invokes an additional flat region-dependent tax that ranges from $5-$30. 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. Thanks in advance. The site claims the increase was to improve the marketplace experience for all users. For that reason, there are other better alternatives. Select Others if not listed. Click Here To Try! The products work across all products and services in every city and state. Thank you so much for joining thePayPal Community, and I'm so sorry that the community was not able to answer your question. Absolutely. The retail experience is relatively straightforward and all items are authenticated in-house at one of StockX's warehouses around the world. 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. While Ebay has its own flaws, Grailed no longer offers any real advantage to sellers since raising the Grailed fee. no need to bend over backwards when you loose out on your item and money. Cookies help us customize the PayPal Community for you, and some are necessary to make our site work. If your category is not listed this means no additional deduction is given.