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. eBay is an online marketplace where users buy and sell products. We charge one final value fee when your item sells, and you don't have to worry about third-party payment processing fees. Sneaker prices vary by size, with the lowest price available for any given size listed first, with more expensive options for those who want sneakers as quickly as possible. Sellers also like using StockX because it offers anonymity, and they can sell to buyers in over 200 countries and territories around the world. Cons How it works:Sellers are responsible for photographing and listing their items to their shop on Etsys marketplace. Once youre approved, GOAT assigns each seller a seller score, which begins at 90. (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). View cart for details. Between fees, prices, the ability to purchase slightly worn shoes for well below their going rate, no other site compares. If you compare them, you are sure to find one that has a more agreeable seller's fee. Cons The retail experience is relatively straightforward and all items are authenticated in-house at one of StockX's warehouses around the world. With the ability to buy both new and used sneakers, Grailed has the best prices anywhere. 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. According to eBay, I was also charge the final value fees as well I feel like BH Im being charged twice. Why am i paying 11 partners fee for a 36 order? 2013. For buyers it is straightforward, however for sellers the high commission can eat away at profits. 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? 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. 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. Pros 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. All that said, I doubt Grailed actually offers their own 'protection' in many cases, if at all. For that reason, there are other better alternatives. All you have to do is connect with your eBay account and that's it. Flight Club is a true retailer, and since all product is onsite in either a store or a warehouse, turnaround times are quick. According to the website, a grail is "the piece you obsess over but cannot ever find or afford." The Grailed marketplaceallows people to sell men's clothes, shoes, and accessories from high-end designers. EBay typically charges around 10% of the items sale value, with variations based on the product sold and the sellers account tier. 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. These platforms have invested heavily in expanding their internal authentication teams, citing consumer trust as a valuable asset to cultivate. * Starting price is the starting price (auction-style listings) or Buy It Now price (fixed price listings) of your listing, and doesn't include shipping, handling, taxes, or fees. It seems like no matter what the issue is with the transaction, eBay will always side with the buyer. Grailedhas recently faced some backlash from users after raising their fee / commission to 9%. EDIT: To clarify, I'm only selling new, unused products. If youre looking to cop a pair of hyped sneakers online, its great. The only true sneaker marketplace, you can communicate directly with your potential buyer, inducting them into the Grailed community. Fees: Grailed takes 6 percent as a commission. There are no fees for shopping or buying on Grailed. The catalogue is similar to many competitors, and like many others only deals in brand new merchandise. StockX only allows brand new merchandise, meaning anyone with once-worn or slightly used sneakers is out of luck. Check out our top picks below. Newly Improved Ebay & Etsy Import System. After you drop off your sneakers, Flight Club handles the rest as you sit back and get paid. my hype items never, I think its hard to sell unless you are the lowest priced. I was wondering if Grailed has a similar side with the buyer no matter what policy or if they actually value their sellers. When a seller sells something on Grailed, our fee is deducted within the transaction itself and then Grailed's 6% partner fee is deducted separately. 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. eBay's transaction exchange rate is composed of a base exchange rate plus a conversion charge. 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! Search "appeal fees" on DoNotPay, choose the Fight and Waive Fees product, and select the type of fee you want to appeal. 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. no need to bend over backwards when you loose out on your item and money. We've outlined the differences below. New to the community? 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. Another (Celine) Portrait: See Bob Dylan in Fashion Brand's Latest 'Performer' Series. This is a huge advantage for Ebay over Grailed. For its service, Flight Club charges a 20 percent flat rate fee on every pair of sneakers solda hefty price compared to competitors. Pick Up Some of These Gloves First, Tired of Standing? 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. Many Grailed users are very upset about the fee increase and want to know how to fight or waive the fee. You can receive your payment through bank transfer, which takes one to five business days; or by debit card, which can take a few hours or up to one to three business days. Do you know who does not physically authenticate ANY items? 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! 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. There are a number of options to purchase, including a buy now feature or an ask, a binding contract akin to Grailed's "offer" system. 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. For Sneakers over $100 in value, the fee is 8%. Stadium Goods is a similar experience to many other platforms, offering a wide array of sneakers varying in cost due to size and demand. Absolutely. There is even a petition on Change.org to reduce the fee to 7.5%. As Flight Club is a true consignor, you are only paid once your sneakers sell. Commission rate. 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 . Commission and fees:If your item sells, youll earn 80 percent of the list price. 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. You're selling a trading card for $9,500 with free shipping. You can now import hundreds of your sold listings in a heartbeat with all the fees & profits without having to do a thing! Nothing mentioned before payment was made. 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. 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. Given our industry low fee structure, sneakers are legitimately cheaper on Grailed. The Total paid into my PayPal account was $17.16 as shown. Lets start with the obvious, that 9% fee. Pay, shop, and do even more on the PayPal app. That said, if youre looking to enter the resell game, GOAT may prove difficult. First, potential sellers must apply in order to list items on the website. The wesite I sold my record from charges 200 sek for that but but Paypal made it 250 sek. A bustling thoroughfare of designer goods. Free for many users to make an account, Grailed offers low fees for sellers. With a big marketing push, StockX has established itself as setting the market rate for many of the most hyped sneakers. The item sells immediately for the Buy It Now price of $400. Good for selling: New, unused good condition sneakers, Popular brands:Adidas, Jordan, Nike, Yeezy. Maybe. What are the seller 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. On top of the fee structure, each sale invokes an additional flat region-dependent tax that ranges from $5-$30. GRAILED COMMISSION FEE 9% The Grailed Commission fee is applicable to domestic and international transactions. But like the others, those interested in buying and selling may find the platform limiting. 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. Sneakers are a key area for growth for eBay. How it was possibly authenticated is beyond comprehension. If you use the Classified Ad format, scheduling a listing will cost $0.10. The main reason users are so upset is because they feel like there was no warning. Read more about our, Charged only once per listing for listings with multiple items. Grailed additionally allows you to sell used sneakers as well, unlike competitors who only allow brand new ("deadstock") sneakers on site. Competing on selling fees is also important since eBay does not compete with other resellers on authentication. The fees and benefits vary depending on the type of Store subscription you choose. But, trust us, theres a reason behind the blatant bias and ego. 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. For each time a transaction is made grailed takes a 9% commission of the sold price plus Paypal fees.