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I've been using Grailed since 2015 but the latest item I've sold, the fees came out to over 25% wtf. Please read our Community Rules and Guidelines, Pay, shop, and do even more on the PayPal appGet the App. Each listing package offers different levels of bundled features for a set fee. This can happen on any platform, of course, but Grailed is the only one with the lack of integrity to claim an item has been authenticated without ever actually seeing it. While initially focused on only sneakers, Stadium Goods recently entered the streetwear game as well, and now offers Supreme, Palace and even Travis Scott Astroworld merch. 2 4 4 comments Best Add a Comment The self-described stock market of things StockX began as a marketplace to determine the actual aftermarket value of hyped sneakers. 1999-2023 PayPal, Inc. All rights reserved. A comparison of marketplace fees on eBay, Poshmark, Mercari, Etsy, Facebook Marketplace and more. PayPal collected their fee .80 and pulled the $1.16 to pay the sales tax. 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! How it works: Sellers are responsible for all listing details, including descriptions and photographs. The wesite I sold my record from charges 200 sek for that but but Paypal made it 250 sek. 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. But eBay, in a play to siphon sellers from other players in the sneaker resale space, has dropped selling fees for sneakers entirely. A dialog will open as you type your search terms. What are the seller fees? eBay has 3 types of fees: Final Value Fee, Insertion Fee and Listing Upgrade Fee. Grailed is the preeminent marketplace for mens fashion and streetwearobviously, that includes sneakers. 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. GRAILED COMMISSION FEE 9% The Grailed Commission fee is applicable to domestic and international transactions. Buying sneakersnew or otherwisecan be a challenge. 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. 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. 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. 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) GOAT focuses exclusively on footwear, predominantly recent drops and noteworthy collaborations. At the end of the day, its a worthless service, and the time and money would be better spent elsewhere. How it works:Prospective sellers need to fill out an application through GOATs app. Grailed is an online fasion marketplace focused on vintage, high-end, and popular street brands such as, Champion, Nike or Gucci. Since Flight Club is still technically a brick and mortar store, prices tend to be a bit steeperthey have to cover rent and inventory. (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). 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. Cons If this post or any other was helpful, please enrich the community by giving kudos or accepting it as a solution. Be sure to also check out any relevant payment processing fees that may apply to your transaction. 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. Given our industry low fee structure, sneakers are legitimately cheaper on Grailed. Fees: Grailed takes 6 percent as a commission. To attract the attention of more buyers, you add the Bold listing upgrade. These platforms have invested heavily in expanding their internal authentication teams, citing consumer trust as a valuable asset to cultivate. What separates eBay from other sellers is our strong partnerships with other brands. But were not finished. Grailed takes a commission when your items sell. Enter the tax percentage you are charged. It seems like no matter what the issue is with the transaction, eBay will always side with the buyer. Would of chosen another payment method had I known I would get charged two fees. For more information, please see our . Grailed's 9% + 2.9% and 30 cent Paypal fee equates to 11.9% + 30 cents. Tags: jordan-brand, yeezy, adidas, nike, grailed, streetwear, resell, sneakers. As of now, Stadium Goods does not allow consignors to drop off streetwear, despite the fact it sells it. It feels like i am going in a circle. Is it a complete waste of time and resources for them? I do best on Ebay. E-bay will pull their fees when they invoice me at the end of the month. Charged per listing and per category. For those searching for mainstream new or lightly used sneakers, GOAT is a solid place to buy. I agree that Paypal protection can be one sided. till you get on grailedyou just wait. 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. Once rivals in the space, early last year GOAT and consignment shop Flight Club merged into one company. 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 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. Even though I've listed items plenty of times, I still make mistakes. 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. All Rights Reserved. Read more about, 13.25% on total amount of the sale up to $7,500 calculated per item, 2.35% on the portion of the sale over $7,500, 14.95% on total amount of the sale up to $7,500 calculated per item, 13.25% if total amount of the sale is $7,500 or less, calculated per item, 7% if total amount of the sale is over $7,500, calculated per item, 15% if total amount of the sale is $2,000 or less, calculated per item, 9% if total amount of the sale is over $2,000, calculated per item, 15% if total amount of the sale is $5,000 or less, calculated per item, 9% if total amount of the sale is over $5,000, calculated per item, 15% on total amount of the sale up to $1,000 calculated per item, 6.5% on the portion of the sale over $1,000 up to $7,500 calculated per item, 3% on the portion of the sale over $7,500, 3% on total amount of the sale up to $15,000 calculated per item, 0.5% on the portion of the sale over $15,000, 6.35% on total amount of the sale up to $7,500 calculated per item, 8% if total amount of the sale is $150 or more. StockX fees operate on a sliding scale but range from 9.5 percent to 8 percent plus credit card fees depending on the users seller leveli.e. 10 people found this solution to be helpful. 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. Hm. Enter the total amount sold before fees & excluding shipping charges. To list an item, there are 13 required fields, and at least 20 more optional ones. Pick Up Some of These Gloves First, Tired of Standing? Appreciate the responses. There is even a petition on Change.org to reduce the fee to 7.5%. Good for selling: Streetwear and sneakers, celebrity collaborations, and collectibles, Popular brands:A Bathing Ape, Cactus Jack, Fear of God, Supreme. Who is this partner? In order to sell, a user must fill out a sell form by finding the product and listing it on the website. 9%. If there is a good reason for the request, you may be able to get a refund. Cons 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. 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. If you use the Classified Ad format, scheduling a listing will cost $0.10. There is not much chance the fee will be waived using any method. The catalogue is similar to many competitors, and like many others only deals in brand new merchandise. All rights reserved. All of the products offered by DoNotPaywill save your time and money wherever you are and wherever you do business. just sit. But how exactly do you sell clothing online? Youll also need to include all of the details such as the brand, size, material, condition, and more. If your registered address is not in the US, please refer to the fee page for your country or region of residence for your International fee information. For sneakers, there is no authentication process in place like the robust processes that StockX or GOAT have. I sold an item on eBay. 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. 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. What is Grailed's commission fee used for? If you are hoping to fight or waive fees on Grailed, you may want to sign the petition. The conversion charge is a fixed percentage applied to the base exchange rate and retained by eBay. So how do we know who this partner is? Commission and selling fees : For sellers listing 200 items or less, eBay does not charge an insertion or listing fee. For international payments, there is a payment processing fee of 4.99% + .49 USD. According to the website, a grail is "the piece you obsess over but cannot ever find or afford." Pay, shop, and do even more on the PayPal app. The retail experience is relatively straightforward and all items are authenticated in-house at one of StockX's warehouses around the world. Select Others if not listed. Do you know who does not physically authenticate ANY items? Cons When a task is too time-consuming or confusing, the chances are that DoNotPay has a product for that. Okay, we knowwere putting ourselves at the top of the list. GOAT is significantly more complex for sellers than other platforms. Sneakers are a key area for growth for eBay. All that said, I doubt Grailed actually offers their own 'protection' in many cases, if at all. The Total paid into my PayPal account was $17.16 as shown. If you're a registered 501(c)(3) non-profit, then our fee is2.2% + $0.30 per transaction. Graileds authentication process is a combination of human and machine moderation. eBay has 3 types of fees: Final Value Fee, Insertion Fee and Listing Upgrade Fee. Thats right, Grailed. . Click Here To Try! 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. The main reason users are so upset is because they feel like there was no warning. Many Grailed users are very upset about the fee increase and want to know how to fight or waive the fee. If you sign the petition, there may be a chance of getting the fee reduced. 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. For mens athletic shoes, theres no final value fee if the pair sells for $100 or more. One of the first sneaker consignment shops, Flight Club transformed from a simple retailer to a powerful online sneaker buying and selling platform. Here is one of many Travis Scott burgers from McDonalds we saw posted when it was first released. That's less than half a percent difference, in favor of Grailed. What is a partner fee? 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. ABOUT EBAY FEES. For those looking to sell, you can either sign up on the Flight Club website and ship your sneakers to either the LA or NYC location, or choose to drop off the sneakers in store if you're local. Select the merchant you want to appeal fees for and enter the details of your transaction, including an associated account if you have one. 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. Newly Improved Ebay & Etsy Import System. According to eBay, I was also charge the final value fees as well I feel like BH Im being charged twice. Pros Many prospective online sellers tend to consider StockX vs. eBay, two of the most popular online resale sites. Curious where everyone sells and what, I'm looking to get into other platforms. (Read our review about how to buy/sell sneakers on eBay here). And what are the best ways to make sure you get the most money back from your unworn wares? Press question mark to learn the rest of the keyboard shortcuts. That said, if youre looking to enter the resell game, GOAT may prove difficult. For that reason, there are other better alternatives. You can now calculate hundreds of your sold listings in a heartbeat with all the eBay & Paypal fees without having to do a thing! It will have seven more mystery drops daily starting on Thursday. For comparison, StockX brought in about $700 million last year, though that includes its other categories, which make up a smaller portion of the companys total revenue. Cons While Ebay has its own flaws, Grailed no longer offers any real advantage to sellers since raising the Grailed fee. Here's how you can use DoNotPayto appeal fees: Saving time and money has never been so quick and easy. Otherwise, we charge a notice fee, whether or not you carry out the sale with the buyer. If your registered address is in the US, the seller currency conversion charge applied and retained by eBay is 3%. They usually view the seller as guilty until proven innocent. 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? Paypal already charges 2% fee and on top of it charge another fee under title of "partner fee". Fee amounts are based on the terms in effect when the listing goes live and when it renews. 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. There are a lot of optionsthough primarily newer releases and ultra-expensive grailsand buying is very straightforward, tax is even included! Free for many users to make an account, Grailed offers low fees for sellers. It's absolutely terrible for the seller. Grailed is currently made up of four marketplaces. 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! 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. 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. Flight Club only deals in new sneakers. The Fight and Waive Fees product is just one of the many products DoNotPay offers that will save you time and money. I hope this helps and thank you for joining the Community! If you need to refund the buyer or cancel the sale, you may be eligible for fee credits as per our fee credits policy. *2022 Update*As of January 19, 2022, Ebay has reinstated a final value fee for sneakers. Upgrades you have selected for your listing. You're selling a trading card for $9,500 with free shipping. While the fees are a terrible deal for sellers, the lack of protection is bad for victims of fraud. But, if you are willing/can afford losing an item, it's useful for a few extra sales imo. If you run out of free listings, a $0.30 insertion fee is charged when you list an item. As previously mentioned it is predominantly geared towards buyers and with a sliding fee scale that maxes out at nearly 20 percent, the website eats into your profit margin. Applications are accepted on a rolling basis and can take days to be processed. Charged whether or not your item sells. Keep in mind that all these still depend on the subscription model of the seller. I've managed to keep 100% positive feedback, but found myself being forced to bend over backwards for some less than desirable buyers. "by the website an item is sold from".. for me, this is ebay. 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. 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. Shipping is a flat fee, so prices are relatively straightforward. Final value fee (13.25% of $7,500, + 2.35% of $2,570, + $0.30). We don't sell things, we only receive donations, yet some unknown partner is getting money that should be going to the non-profit. Check out some of the other product series and discover how you can save time and money using DoNotPay. As time goes on and deadstock supply declines, this tends to put upward pressure on resale prices. Stock is limited to the product pages and catalogues the company has uploaded, meaning rare or highly specific product may be unavailable. Date founded. While Flight Club has almost every new release you may be searching for, older modelswhich are more difficult to authenticateare often not available. 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. Getting paid:Once your item sells, youll receive payment through PayPal. 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. Gallery Plus Competing on selling fees is also important since eBay does not compete with other resellers on authentication. Donating your closet castoffs is one option, but you can also try to get a decent return on your sartorial investment by selling your unworn or gently-used merch online. Commission and fees:Listing fee of 20 cents, five percent transaction fee, payment processing fee of three percent plus 25 cents. The Best Websites To Buy and Sell Sneakers. For sneakers, there is no authentication process in place like the robust processes that StockX or GOAT have. 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. Send us a tip using our anonymous form. When you set your price for an item, it should account for shipping and a 9% commission for Grailed. 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