grailed fees vs ebay fees grailed fees vs ebay fees

If your items are relisted automatically, you'll be charged insertion and optional listing upgrade fees each time your item is relisted. 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. Do you have an eBay Store or want to sell vehicles? Since you aren't charging the buyer for shipping or any other costs, $424 is the total amount of the sale (includes 6% sales tax). 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 platform announced the change less than 24 hours before it was implemented. Graileds digital moderators authenticate all items before they hit the marketplace, and the platform will also notify sellers if potential buyers ask questions or submit offers on items. Grailed is an online fasion marketplace focused on vintage, high-end, and popular street brands such as, Champion, Nike or Gucci. It will have seven more mystery drops daily starting on Thursday. Each listing package offers different levels of bundled features for a set fee. Do you know who does not physically authenticate ANY items? According to eBay, I was also charge the final value fees as well I feel like BH Im being charged twice. For each time a transaction is made grailed takes a 9% commission of the sold price plus Paypal fees. If a seller has 10 pairs or less, they can simply walk into the Canal street store front and drop them off to start sellinganyone with more than 10 pairs must make an appointment. First, potential sellers must apply in order to list items on the website. Cons The site claims the increase was to improve the marketplace experience for all users. Once you actually sell an item, GOAT (like StockX) sends you a prepaid shipping label to send the sneakers to an authentication center. Shopping at either the website or brick and mortar locations is reminiscent of a traditional ecommerce or retail experience, respectively. How it works: Sellers list sneakers that they want to sell via consignment through Stadium Goods Seller Portal. Here is a listing we came across when it was first listed. I was wondering if Grailed has a similar side with the buyer no matter what policy or if they actually value their sellers. 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'? StockX is less straightforward than competitors. 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. 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. Grailed is currently made up of four marketplaces. Ebay has been charging a 10% fee for quite a while, and Paypal charges 2.9% + 30 cents per transaction = 12.9% + 30 cents. But like the others, those interested in buying and selling may find the platform limiting. 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. Get news and analysis about fashion, beauty and culture delivered to your inbox every morning. What separates eBay from other sellers is our strong partnerships with other brands. The catalogue is similar to many competitors, and like many others only deals in brand new merchandise. For anyone who has sold clothes through a reseller, selling fees are a natural part of the process, with platforms taking a percentage of a sale, a flat fee or a tiered fee based on a sellers frequency of selling. Plus, StockX physically authenticates every pair of shoes that gets sold on the platform. I have only used Ebay and Grailed. Stadium Goods is a similar experience to many other platforms, offering a wide array of sneakers varying in cost due to size and demand. The fees and benefits vary depending on the type of Store subscription you choose. They usually view the seller as guilty until proven innocent. Please read our Community Rules and Guidelines, Pay, shop, and do even more on the PayPal appGet the App. 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. Search "appeal fees" on DoNotPay, choose the Fight and Waive Fees product, and select the type of fee you want to appeal. Then why this "Partner" is charging us? Paypal already charges 2% fee and on top of it charge another fee under title of "partner fee". You're selling a trading card for $9,500 with free shipping. For those in the New York area, selling requires almost no overhead and is very straightforward. Flight Club operates under a traditional consignment model. With their new Managed Payments format, that number will now be 12.35% + 30 cents. Cons 20% difference. 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. Cons But were not finished. Good for selling: New, unused good condition sneakers, Popular brands:Adidas, Jordan, Nike, Yeezy. Press question mark to learn the rest of the keyboard shortcuts. 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 . But, if you are willing/can afford losing an item, it's useful for a few extra sales imo. TheGrailed authentication pagedetails what is considers a high-risk item and this certainly meets the criteria. 2023 Digiday Media. The Fight and Waive Fees product is just one of the many products DoNotPay offers that will save you time and money. 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. DoNotPay will generate the best argument for your case and make sure your fee waiver request gets sent to the merchant for processing. For buyers, there are no fees for using the platform. Good for selling:Vintage items (including clothing, accessories, and music memorabilia), handmade goods, and craft supplies. Pros Welcome! ABOUT EBAY FEES. We hate to say it, but if youre looking to buy or sell rare or vintage sneakers, theres no better place than Grailed. Like Flight Club, Stadium Goods lets consigners set their own prices, however works with them in order to try and match market cost. Click Here To Try It NowClick Here For Tutorial. The fee was raised from 6% in August. There are no fees for shopping or buying on Grailed. 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. 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. This fee is calculated as a percentage of the total amount of the sale, plus $0.30 per order. But heres the kicker; Ebay offers discounted shipping labels. 13.25% if total amount of the sale is less than $150. Date founded. The fee is around 2.9% domestic and around 4.4% international. In both cases, you're eligible for Paypal protection, which is what you seem to have an issue with. Stock is limited to the product pages and catalogues the company has uploaded, meaning rare or highly specific product may be unavailable. How it works: StockX works as a live marketplace where buyers place a Bid to dictate the maximum amount theyre willing to pay for a product, and sellers list items with an auction-style Ask price or a flat-rate Sell Now price. The fees for these optional listing upgrades vary depending on your item's price and the listing format and duration. 2013. For popular sneakers, they almost always have stock. An example of a partner fee would be the website Grailed who currently charges a 6% fee for sales on their website. Commission and fees:If your item sells, youll earn 80 percent of the list price. For US domestic payments, there is a payment processing fee of 3.49% + .49 USD. The website offers a traditional retail experience, with worldwide shipping and simple buying mechanics, search functionality and so forth. They do not make it clear what percentage of items are reviewed by humans, or how they determine which items to tag Digitally Authenticated, but they do claim every item is reviewed. I've managed to keep 100% positive feedback, but found myself being forced to bend over backwards for some less than desirable buyers. 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. Another (Celine) Portrait: See Bob Dylan in Fashion Brand's Latest 'Performer' Series. It's absolutely terrible for the seller. 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. When the petition has gained enough attention, the platform may reevaluate the fee. Once the item sells, the user ships it to an authentication center, or drops it off at one of only a handful physical locations. 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. plus any PayPal fees. Every sneaker is in deadstock condition, meaning brand new, unworn in the original packaging. 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. For buyers it is straightforward, however for sellers the high commission can eat away at profits. GRAILED COMMISSION FEE 9% The Grailed Commission fee is applicable to domestic and international transactions. You've already used your allocation of zero insertion fee listings this month, and your seller account is meeting our performance expectations at the time your item sells. GOAT is significantly more complex for sellers than other platforms. Fees are different for Store subscribers and for selling vehicles. We charge an insertion fee and applicable optional listing upgrade fees when you list your item for the first time, and each time it renews. When you set your price for an item, it should account for shipping and a 9% commission for Grailed. While Flight Club has almost every new release you may be searching for, older modelswhich are more difficult to authenticateare often not available. Hi, I'm a relatively new, but experienced eBay user with about a year (100~) worth of sales to show for it. Commission rate. GOAT focuses exclusively on footwear, predominantly recent drops and noteworthy collaborations. If you need to refund the buyer or cancel the sale, you may be eligible for fee credits as per our fee credits policy. Heres another we randomly came across, nearly a year after this article was originally written. The wesite I sold my record from charges 200 sek for that but but Paypal made it 250 sek. While the fees are a terrible deal for sellers, the lack of protection is bad for victims of fraud. Check out some of the other product series and discover how you can save time and money using DoNotPay. Grailed takes a commission when your items sell. On top of the fee structure, each sale invokes an additional flat region-dependent tax that ranges from $5-$30. The higher of the two final value fees is charged, if your item sells, Reserve price The item was purchased for $25 and the partner fee was $2.00. If you love high-end designer men's fashion but thought you couldn't afford it, then Grailed is the place for you. 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. If you run out of free listings, a $0.30 insertion fee is charged when you list an item. For listing highly anticipated new releases. 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 exchange rates are set by law or regulation, the base exchange rate reflects the government reference rates. 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. 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. 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. You select a starting price of $199, with a Buy It Now price of $400, and you offer free shipping. 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. 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. 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. Cons Good for selling:Vintage and new clothing, sneakers, collectibles, music memorabilia, Popular brands:Jordan, Yeezy, Nike, Adidas, New Balance. 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. Related Stories Click Here To Try! EBay typically charges around 10% of the items sale value, with variations based on the product sold and the sellers account tier. So if you take the Sold price - Shipping (Grailed Label) - Grailed Fee - Paypal Fee = $434.09 Your ultimate amount released to your Paypal Account. and our Our expert moderators ensure all listings posted for sale are 100% authentic. Be sure to also check out any relevant payment processing fees that may apply to your transaction. If so, should I still have to worry about paying my eBay seller fees? 1, 3, 5, 7, or 10-day listing (1 and 3-day auction-style listings cost an additional $1). PayPal fees are then added to that. And were still not done. 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. Upgrades you have selected for your listing. When a seller sells something on Grailed, our fee is deducted within the transaction itselfand then Grailed's 6% partner fee is deducted separately. Between fees, rolling admission and turn around time, as a new seller you may have missed the boat. 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. The amount you pay depends on the listing package you choose Basic, Premium, or Plus. EDIT: To clarify, I'm only selling new, unused products. The 200 Greatest Singers of All Time Go to your, If your rate of 'Item not as described' return requests is evaluated in your. 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. All Rights Reserved. The move comes as eBay is in the midst of trying to take back its prominence in the world of sneaker resale. 2 4 4 comments Best Add a Comment The bran will store your shoes and sell them on your behalf on its website, retail stores, or other sales channels. 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. 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! The site claims the increase was to improve the marketplace experience for all users. 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. EDIT: To clarify, I'm only selling new, unused products. I've been using Grailed since 2015 but the latest item I've sold, the fees came out to over 25% wtf. Of course there would also be the operation cost of investigating the case themselves. Select Clothing, Shoes & Accessories categories: Free if starting price is $150 or more* - See: Notes for Basic fees. Real Estate listings can be auction-style, fixed price, or in the Classified Ad format. 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. That's less than half a percent difference, in favor of Grailed. If your category is not listed this means no additional deduction is given. Youll also need to include all of the details such as the brand, size, material, condition, and more. . This means that a seller could easily use photos of a legit item but ship you a fake. Press J to jump to the feed. But, trust us, theres a reason behind the blatant bias and ego. Consensus: From a buyers perspective, GOAT is great. You make $343.17, or approximately 86% of the sale price, not including shipping costs. Something went wrong. eBay is an online marketplace where users buy and sell products. Learn more about how zero insertion fee listings work, including the terms and exclusions for those listings. It seems like no matter what the issue is with the transaction, eBay will always side with the buyer. Do not waste your time searching for solutions when DoNotPay has you covered without all the work. Once rivals in the space, early last year GOAT and consignment shop Flight Club merged into one company. Cookie Notice Grailed is an online fasion marketplace focused on vintage, high-end, and popular street brands such as, Champion, Nike or Gucci. Whatever percentage you'd agreed to when deciding to promote your listing. View cart for details. A dialog will open as you type your search terms. Maybe. The higher the price premium, the bigger the hype.. 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. 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. 37 19 19 comments Best Add a Comment 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. What is a partner fee? All that said, I doubt Grailed actually offers their own 'protection' in many cases, if at all. An example of a partner fee would be the website Grailed who currently charges a 6% fee for sales on their website. Additionally, authentication fees and duties (if you're an international shopper) can potentially add a significant price bump to any purchase. But eBay, in a play to siphon sellers from other players in the sneaker resale space, has dropped selling fees for sneakers entirely. For sellers, GOAT is not an ideal website. Worth noting, on any site your likelihood of being scammed increases if you're selling hype items that appeal to a younger audience. Consensus: While an iconic destination, Flight Club is predominantly a retail experience. 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. https://www.finalfees.com is neither endorsed by nor affiliated with any with them, nor is the accuracy of its results guaranteed. eBay has 3 types of fees: Final Value Fee, Insertion Fee and Listing Upgrade Fee. 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. So how do we know who this partner is? So how does this 9% fee stack up? 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. Grailed commission fees Post any item for free. Those below pay on a sliding scale, with the highest fees reaching 20 percent. How it was possibly authenticated is beyond comprehension. For that reason, there are other better alternatives. According to the website, a grail is "the piece you obsess over but cannot ever find or afford." core (like nike sneakers, sweats etc.) 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. Once youre approved, GOAT assigns each seller a seller score, which begins at 90. eBays listings allow sellers to specify multiple categories, item specifics, condition, and many other details. What is Grailed's commission fee used for? The 500 Greatest Songs of All Time 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 . For more information, please see our For international payments, there is a payment processing fee of 4.99% + .49 USD. Grailed fee: $3.03 ($1.80 Grailed commission + $1.23 payment processing fee) You make: $16.97 . For those searching for mainstream new or lightly used sneakers, GOAT is a solid place to buy. I was wondering if Grailed has a similar side with the buyer no matter what policy or if they actually value their sellers. the more you sell, the less you pay. I wonder how these made it through the filter if every item is reviewed? 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. Is it better than nothing? 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. Otherwise, we charge a notice fee, whether or not you carry out the sale with the buyer. Sit back and relax while we do the work. Getting paid:Etsys secure payment system allows sellers to accept credit and debit cards, Apple Pay, Etsy gift cards, Google Wallet, and PayPal. Enter the total amount sold before fees & excluding shipping charges. In the table below, you'll find the basic fees for items listed in most categories and the number of zero insertion fee listings you'll get each month. The partner fee is the fee you're charged for "promoting" your listing on eBay. A listing upgrade fee is charged with any additional upgrades to your listing, such as extra categories or bolded titles. The platform uses PayPal to process payments, so you will have to pay a PayPal seller's feeas well. Enter the total amount charged for shipping to buyer. Its terribly misleading to potential buyers and a real shame if the cost of this service contributed to them deciding to increase their fee. Final value fee (13.25% of $7,500, + 2.35% of $2,570, + $0.30). © 2023 Copyright Finalfees. I sold an item on eBay. Here are some more articles to check out from the Fight And Waive Fees product series. For men's athletic shoes, there's no final value fee if the pair sells. For its service, Flight Club charges a 20 percent flat rate fee on every pair of sneakers solda hefty price compared to competitors. Ebay is the most obvious competitor to compare against. Reserve price in select Business & Industrial categories: International site visibility for auction-style listings, International site visibility for fixed price listings. Grailed takes a commission when your items sell. How it works:Sellers are responsible for photographing and listing their items to their shop on Etsys marketplace. How it works: Sellers are responsible for all listing details, including descriptions and photographs. 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. 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. EBay said that, while it does not authenticate sneakers, there are a variety of ways to report fakes found on the site. The $0.30 per order is not charged. 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. First 250 listings free per month, then $0.35 per listing, Music (except VinylRecordsand Music NFTs categories), Clothing, Shoes & Accessories > Women > Women's Bags & Handbags, Jewelry & Watches (except Watches, Parts & Accessories), Jewelry & Watches > Watches, Parts & Accessories, Sports Mem, Cards & Fan Shop > Sports Trading Cards > Sport Trading Card NFTs, Toys & Hobbies > Collectible Card Games > CCG NFTs, Musical Instruments & Gear > Guitars & Basses.