2023 Digiday Media. Getting paid:Etsys secure payment system allows sellers to accept credit and debit cards, Apple Pay, Etsy gift cards, Google Wallet, and PayPal. While Ebay has its own flaws, Grailed no longer offers any real advantage to sellers since raising the Grailed fee. StockX is less straightforward than competitors. 37 19 19 comments Best Add a Comment help me please as this does not seem right. Here is a listing we came across when it was first listed. I sold an item on eBay. For Sneakers over $100 in value, the fee is 8%. Who is this partner? There are many online marketplaces. Something went wrong. If exchange rates are set by law or regulation, the base exchange rate reflects the government reference rates. Good for selling: New, unused good condition sneakers, Popular brands:Adidas, Jordan, Nike, Yeezy. © 2023 Copyright Finalfees. 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. Of course there would also be the operation cost of investigating the case themselves. If you purchase an independently reviewed product or service through a link on our website, Rolling Stone may receive an affiliate commission. Enter the total amount charged for shipping to buyer. For listing high-quality goods that are coveted. Newly Improved Ebay & Etsy Import System. grailed is easier to use for the most part and fees are either on par or lower. 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. You can now calculate hundreds of your sold listings in a heartbeat with all the eBay & Paypal fees without having to do a thing! If you use the Classified Ad format, scheduling a listing will cost $0.10. Grailed is free for buyers and sellers pay a low commission fee. Be sure to also check out any relevant payment processing fees that may apply to your transaction. When a seller sells something on Grailed, our fee is deducted within the transaction itselfand then Grailed's 6% partner fee is deducted separately. I hope this helps and thank you again for joining the Community! View cart for details. Pros Once the item sells, the user ships it to an authentication center, or drops it off at one of only a handful physical locations. As sellers keep a greater portion of each sale, they can charge a lower sticker price, which means sneakers are often below market." An order is defined as any number of items purchased by the same buyer at checkout with the same shipping method. and our 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. 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. For select categories, eBay also allows online escrow services, checks, money orders, and bank-to-bank transfers. Graileds 9% + 2.9% and 30 cent Paypal fee equates to 11.9% + 30 cents. 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. You can now import hundreds of your sold listings in a heartbeat with all the fees & profits without having to do a thing! The website offers a traditional retail experience, with worldwide shipping and simple buying mechanics, search functionality and so forth. Do you know who does not physically authenticate ANY items? Find high-quality men's and women's streetwear & designer pieces from the brands you love at Grailed, the community marketplace for men's and women's clothing . It feels like i am going in a circle. With a big marketing push, StockX has established itself as setting the market rate for many of the most hyped sneakers. We'll indicate which listings are subject to additional fees on your Account Summary - opens in new window or tab. You've already used your allocation of zero insertion fee listings this month. That said, if youre looking to enter the resell game, GOAT may prove difficult. StockX will catch most fake items, while Ebay will not, but nor will they ever claim to be able to verify an item as authentic. For listing mainstream brands that are well-known. Final value fee (13.25% of $424, + $0.30). Flight Club is a true retailer, and since all product is onsite in either a store or a warehouse, turnaround times are quick. Sellers also like using StockX because it offers anonymity, and they can sell to buyers in over 200 countries and territories around the world. While the fees are a terrible deal for sellers, the lack of protection is bad for victims of fraud. You're selling the latest version of a smartphone in used condition using a 10-day duration. So it is still worth using Grailed? The $0.30 per order is not charged. 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. According to the website, a grail is "the piece you obsess over but cannot ever find or afford." Keep in mind that all these still depend on the subscription model of the seller. Newly Improved Ebay & Etsy Import System. Editors picks 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. Here is one of many Travis Scott burgers from McDonalds we saw posted when it was first released. The fee was raised from 6% in August. With their new Managed Payments format, that number will now be 12.35% + 30 cents. Youll also need to include all of the details such as the brand, size, material, condition, and more. Once you actually sell an item, GOAT (like StockX) sends you a prepaid shipping label to send the sneakers to an authentication center. Between raffles, bots and surprise drop dates, managing to score the sneakers you actually want is more difficult than ever. Here is an overview of fees, credits, and invoices on eBay. Grailedhas recently faced some backlash from users after raising their fee / commission to 9%. Here are some more articles to check out from the Fight And Waive Fees product series. I am scared to list half my inventory because of scammers and eBay's policies. Browse the most sought after Ebay clothing including Short Sleeve T-Shirts, Light Jackets, Hats, & more. Fees: Grailed takes 6 percent as a commission. I was wondering if Grailed has a similar side with the buyer no matter what policy or if they actually value their sellers. This does not make any sense. 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. Please keep in mind that not all optional listing upgrades are available with every listing tool and not all optional listing upgrades may be displayed across all our sites, services, applications, and tools. But, if you are willing/can afford losing an item, it's useful for a few extra sales imo. While technically one entity, each still operates independently and are seemingly autonomous. All rights reserved. Plus, StockX physically authenticates every pair of shoes that gets sold on the platform. Is the partner fee basically the eBay fees when an item sells? 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. 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. E-bay will pull their fees when they invoice me at the end of the month. Most categories, including Music > Vinyl Records and eBay Motors > Parts & Accessories, Automotive Tools & Supplies, and Safety & Security Accessories. A comparison of marketplace fees on eBay, Poshmark, Mercari, Etsy, Facebook Marketplace and more. Those below pay on a sliding scale, with the highest fees reaching 20 percent. Cons StockX only allows brand new merchandise, meaning anyone with once-worn or slightly used sneakers is out of luck. The main reason users are so upset is because they feel like there was no warning. Do you have an eBay Store or want to sell vehicles? If you sign the petition, there may be a chance of getting the fee reduced. 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! If your items are relisted automatically, you'll be charged insertion and optional listing upgrade fees each time your item is relisted. Popular brands:Nike, Louis Vuitton, Visvim, Levis, Raf Simons, Good for selling:Luxury menswear, streetwear, and sneakers. With their new Managed Payments format, that number will now be 12.35% + 30 cents. The higher the price premium, the bigger the hype.. As competition between all those players heats up, removing selling fees entirely is one way the company is looking to get back on top and stimulate its own internal sneaker economy. 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 . To attract the attention of more buyers, you add the Bold listing upgrade. All of the products offered by DoNotPaywill save your time and money wherever you are and wherever you do business. On top of the fee structure, each sale invokes an additional flat region-dependent tax that ranges from $5-$30. 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. The total amount of the sale includes the item price, any handling charges, the shipping service the buyer selects, sales tax, and any other applicable fees. All Rights Reserved. Once you factor in PayPal fees, Grailed becomes a problem. 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.. The catalogue is similar to many competitors, and like many others only deals in brand new merchandise. Nothing mentioned before payment was made. According to eBay, I was also charge the final value fees as well I feel like BH Im being charged twice. . 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. Upgrades you have selected for your listing. 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. If you need to refund the buyer or cancel the sale, you may be eligible for fee credits as per our fee credits policy. What separates eBay from other sellers is our strong partnerships with other brands. If there is a good reason for the request, you may be able to get a refund. Absolutely. This article will discuss how you may be able to fight or waive fees when selling on the Grailed marketplace and anywhere else you do business. There is not much chance the fee will be waived using any method. Sit back and relax while we do the work. Learn more about how zero insertion fee listings work, including the terms and exclusions for those listings. Those below pay on a sliding scale, with the highest fees reaching 20 percent. Check out some of the other product series and discover how you can save time and money using DoNotPay. 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. For comparison, StockX brought in about, EBay isnt alone in lowering selling fees as a way to bring in more customers, though it is among the only ones to completely forego selling fees for one category. For its service, Flight Club charges a 20 percent flat rate fee on every pair of sneakers solda hefty price compared to competitors. Shipping is a flat fee, so prices are relatively straightforward. 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. If eBay converts your funds, the conversion will be completed at the transaction exchange rate we set for the relevant currency exchange. For a monthly subscription, you can run your own eBay Store. 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. 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. Good for selling:Streetwear and sneakers, Popular brands: Jordan, Nike, Supreme, Off-White, Yeezy. An example of a partner fee would be the website Grailed who currently charges a 6% fee for sales on their website. 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 . Good for selling:Vintage items (including clothing, accessories, and music memorabilia), handmade goods, and craft supplies. 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. So how do we know who this partner is? This was a listing from a user with no feedback, selling an expensive sweater from The Elder Statesman, and only using stock photos from the brands own website. 8% if total amount of the sale is $150 or more. Pros Both platforms allow people to buy and sell high-demand items such as streetwear and sneakers, but they differ in user interface, audience, commission rates, and fees, to name a few. Ebay also still has a much bigger user base. If this post or any other was helpful, please enrich the community by giving kudos or accepting it as a solution. my hype items never, I think its hard to sell unless you are the lowest priced. 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. For each time a transaction is made grailed takes a 9% commission of the sold price plus Paypal fees. If your category is not listed this means no additional deduction is given. https://www.finalfees.com is neither endorsed by nor affiliated with any with them, nor is the accuracy of its results guaranteed. 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. The $0.30 per order is not charged, 13.25% if total amount of the sale is less than $150, Building Materials & Supplies > Modular & Pre-Fabricated Buildings, No bids meet your reserve price, if you added one, Your item is listed in the Classified Ad format, $1.50 Classified Ads and Real Estate listings, If your account doesn't meet our minimum seller performance standards for the US in the evaluation on the 20th of the month, you'll be charged an additional 6% on the final value fees applicable to sales in the following calendar month. But heres the kicker; Ebay offers discounted shipping labels. I am also and have no idea why. Cons Prices can be slightly higher than other platforms (a result of the high fee structure) and the catalogue gears predominantly towards new collaborations, hyped releases and ultra-expensive grails. Graileds authentication process is a combination of human and machine moderation. I've been using Grailed since 2015 but the latest item I've sold, the fees came out to over 25% wtf. I was wondering if Grailed has a similar side with the buyer no matter what policy or if they actually value their sellers. This is just speculation, but I'm guessing they'd pay out of their own pocket if they disagree with paypal in a case. 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. The 500 Greatest Songs of All Time However, with the new update, items sold after March 1, 2022, are now 12.9% + $0.30 for every order on most categories. GOAT is an online only sneaker site that sells both new and lightly used sneakers. EBay typically charges around 10% of the items sale value, with variations based on the product sold and the sellers account tier. Heres another we randomly came across, nearly a year after this article was originally written. If you run out of free listings, a $0.30 insertion fee is charged when you list an item. 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. Consensus: While an iconic destination, Flight Club is predominantly a retail experience. Pros Okay, we knowwere putting ourselves at the top of the list. Grailed additionally allows you to sell used sneakers as well, unlike competitors who only allow brand new ("deadstock") sneakers on site. Cons 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. As of now, Stadium Goods does not allow consignors to drop off streetwear, despite the fact it sells it. 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. 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. Good for selling: Streetwear and sneakers, celebrity collaborations, and collectibles, Popular brands:A Bathing Ape, Cactus Jack, Fear of God, Supreme. The products work across all products and services in every city and state. The move comes as eBay is in the midst of trying to, Sneakers are a key area for growth for eBay. Privacy Policy. How to Get Your Grailed Fees Waived Effortlessly. Insertion fees for Classified Ads are $9.95 for a 30-day listing and there are no final value fees. 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! Given our current sneaker climate and demand far outweighing supply, the converse is true as well. There are a lot of optionsthough primarily newer releases and ultra-expensive grailsand buying is very straightforward, tax is even included!