grailed fees vs ebay fees grailed fees vs ebay fees

Worth noting, on any site your likelihood of being scammed increases if you're selling hype items that appeal to a younger audience. 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. Fees are different for Store subscribers and for selling vehicles. Most of my sales are on ebay and luxury (like saint laurent) and hype (supreme) does best there. Send us a tip using our anonymous form. Grailed claims to offer their own protection which I have yet to hear any testimonials about, just constant copy pasta from Grailed staff. This fee is calculated as a percentage of the total amount of the sale, plus $0.30 per order. All Rights reserved. You can use the Classified Ad format in the following categories: You can also use Classified Ads for selling Real Estate, but the fees are different see below for more information. In general, sellers tend to make less money per sale than with competitors. For buyers, there are no fees for using the platform. If you run out of free listings, a $0.30 . Free for many users to make an account, Grailed offers low fees for sellers. I've managed to keep 100% positive feedback, but found myself being forced to bend over backwards for some less than desirable buyers. Paypal already charges 2% fee and on top of it charge another fee under title of "partner fee". The fees and benefits vary depending on the type of Store subscription you choose. According to the website, a grail is "the piece you obsess over but cannot ever find or afford." . Sneaker resellers have more options than ever and between consignment shops and marketplaces, there are countless ways to flip sneakers. However, with the new update, items sold after March 1, 2022, are now 12.9% + $0.30 for every order on most categories. eBay is an online marketplace where users buy and sell products. Pros Grailed puts your grail within reach. Final value fee (13.25% of $424, + $0.30). The conversion charge is a fixed percentage applied to the base exchange rate and retained by eBay. Like Flight Club, Stadium Goods lets consigners set their own prices, however works with them in order to try and match market cost. 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. Consensus: For those searching for exclusively deadstock sneakers, StockX is a good option. 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. 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. 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. Cons Now available on Google Chrome Web Store. There are a lot of optionsthough primarily newer releases and ultra-expensive grailsand buying is very straightforward, tax is even included! I agree that Paypal protection can be one sided. For sellers, Grailed feeshave gone up to 9%. Here are some more articles to check out from the Fight And Waive Fees product series. We want to hear it. Graileds authentication process is a combination of human and machine moderation. You're selling a trading card for $9,500 with free shipping. Thats less than half a percent difference, in favor of Grailed. 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. eBay has 3 types of fees: Final Value Fee, Insertion Fee and Listing Upgrade Fee. © 2023 Copyright Finalfees. Between fees, prices, the ability to purchase slightly worn shoes for well below their going rate, no other site compares. As such, we included them separately. StockX acts as the middleman, meaning once your sneakers sell and you ship them to a StockX warehouse you are paid out. Grailedhas recently faced some backlash from users after raising their fee / commission to 9%. Newly Improved Ebay & Etsy Import System. With their new Managed Payments format, that number will now be 12.35% + 30 cents. Another (Celine) Portrait: See Bob Dylan in Fashion Brand's Latest 'Performer' Series. As such, it is important that collectors and sellers maintain products in deadstock condition so that theyre able to realize these long-term value gains., If youre reselling hypebeast-beloved streetwear and athletic brands such as Supreme, Jordan, and Yeezy as well as in-demand collaborations with musicians like Travis Scott and Justin Bieber, Cutler says that inventory will typically see high demand and will appreciate over time. If you sign the petition, there may be a chance of getting the fee reduced. 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. New to the community? 13.25% if total amount of the sale is less than $150. 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. Enter the total amount sold before fees & excluding shipping charges. 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. https://www.finalfees.com is neither endorsed by nor affiliated with any with them, nor is the accuracy of its results guaranteed. 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. Unlike other websites, GOAT functions differently as it is predominantly geared towards buyers. Once you actually sell an item, GOAT (like StockX) sends you a prepaid shipping label to send the sneakers to an authentication center. But as of Tuesday, sneakers no longer carry any selling fees for pairs sold for more than $100. Select Clothing, Shoes & Accessories categories: Free if starting price is $150 or more* - See: Notes for Basic fees. Youll also need to include all of the details such as the brand, size, material, condition, and more. Good for selling:Streetwear and sneakers, Popular brands: Jordan, Nike, Supreme, Off-White, Yeezy. Tip 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. Fortunately, selling fees on Grailed are slightly lower than many other large selling sites such as eBay. 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. For international payments, there is a payment processing fee of 4.99% + .49 USD. All that said, I doubt Grailed actually offers their own 'protection' in many cases, if at all. EBay typically charges around 10% of the items sale value, with variations based on the product sold and the sellers account tier. The site claims the increase was to improve the marketplace experience for all users. Thats right, Grailed. Between raffles, bots and surprise drop dates, managing to score the sneakers you actually want is more difficult than ever. 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 . But how exactly do you sell clothing online? On top of the fee structure, each sale invokes an additional flat region-dependent tax that ranges from $5-$30. In this situation, the total amount of the sale is determined as follows: Additional final value fees may apply on sales in the following circumstances: Any additional final value fees will be calculated as a percentage of the total amount of the sale. 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. TheGrailed authentication pagedetails what is considers a high-risk item and this certainly meets the criteria. Newly Improved Ebay & Etsy Import System. Grailed additionally allows you to sell used sneakers as well, unlike competitors who only allow brand new ("deadstock") sneakers on site. The platform announced the change less than 24 hours before it was implemented. Those below pay on a sliding scale, with the highest fees reaching 20 percent. Copyright 2023 Penske Business Media, LLC. Click Here To Try It NowClick Here For Tutorial. Learn more about how zero insertion fee listings work, including the terms and exclusions for those listings. The online marketplace exclusively for high-end men's designer clothes is Grailed. Popular brands:Nike, Louis Vuitton, Visvim, Levis, Raf Simons, Good for selling:Luxury menswear, streetwear, and sneakers. But heres the kicker; Ebay offers discounted shipping labels. 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. Be sure to also check out any relevant payment processing fees that may apply to your transaction. They usually view the seller as guilty until proven innocent. We don't sell things, we only receive donations, yet some unknown partner is getting money that should be going to the non-profit. This means that a seller could easily use photos of a legit item but ship you a fake. The total amount of the sale is $10,070 (includes 6% sales tax). If your items are relisted automatically, you'll be charged insertion and optional listing upgrade fees each time your item is relisted. Grailed is a popular marketplace that is known for menswear! Press J to jump to the feed. Appreciate the responses. You've already used your allocation of zero insertion fee listings this month. till you get on grailedyou just wait. Fee amounts are based on the terms in effect when the listing goes live and when it renews. For listing high-quality goods that are coveted. 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. The base exchange rate reflects rates within the wholesale currency markets applicable to the currency pairing on the day of the conversion, or the prior business day. This does not make any sense. But eBay, in a play to siphon sellers from other players in the sneaker resale space, has dropped selling fees for sneakers entirely. Commission and fees:If your item sells, youll earn 80 percent of the list price. Sneakers are a key area for growth for eBay. 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. Related Stories Cons Given our industry low fee structure, sneakers are legitimately cheaper on Grailed. 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. Insertion fees for Classified Ads are $9.95 for a 30-day listing and there are no final value fees. Did you ever find an answer of why you are being charged a partner fee by ebay? Post any item for free. But were not finished. E-bay will pull their fees when they invoice me at the end of the month. Why am i paying 11 partners fee for a 36 order? The 100 Greatest TV Shows of All Time Pros There are many online marketplaces. 2013. If you have already completed the transaction, you can contact customer service and request the fee be refunded. And what are the best ways to make sure you get the most money back from your unworn wares? If you're a registered 501(c)(3) non-profit, then our fee is2.2% + $0.30 per transaction. 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. Listing items is not for the faint of heart. help me please as this does not seem right. How to Get Your Grailed Fees Waived Effortlessly. . For listing mainstream brands that are well-known. 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 . 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. Grailed is the preeminent marketplace for mens fashion and streetwearobviously, that includes sneakers. An example of a partner fee would be the website Grailed who currently charges a 6% fee for sales on their website. When the petition has gained enough attention, the platform may reevaluate the fee. 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. If your category is not listed this means no additional deduction is given. GOAT focuses exclusively on footwear, predominantly recent drops and noteworthy collaborations. plus any PayPal fees. The 500 Greatest Songs of All Time The partner fee is the fee you're charged for "promoting" your listing on eBay. Lastly, our offer system allows you to directly negotiate with a seller to work towards an ideal price. A listing upgrade fee is charged with any additional upgrades to your listing, such as extra categories or bolded titles. Hm. What is Grailed's commission fee used for? Press question mark to learn the rest of the keyboard shortcuts. If you're in China, Hong Kong, Indonesia, Israel, Japan, Macau, Malaysia, Philippines, Singapore, Taiwan, Thailand, or Vietnam and your item isn't located in the US, the total amount of the sale is always calculated based on the shipping option your buyer chooses. Does Grailed charge a payment processing fee? Cons The Best Websites To Buy and Sell Sneakers. How it works:Prospective sellers need to fill out an application through GOATs app. For sneakers, there is no authentication process in place like the robust processes that StockX or GOAT have. The item was purchased for $25 and the partner fee was $2.00. Applications are accepted on a rolling basis and can take days to be processed. Growing the Grailed community to foster a . Grailed offers the lowest fees of any platform around at just nine percent (plus Paypal fees). my hype items never, I think its hard to sell unless you are the lowest priced. The first thing you should know is that Grailed does not personally inspect any items. We've outlined the differences below. The Total paid into my PayPal account was $17.16 as shown. While technically one entity, each still operates independently and are seemingly autonomous. As Flight Club is a true consignor, you are only paid once your sneakers sell. All of the products offered by DoNotPaywill save your time and money wherever you are and wherever you do business. Free for many users to make an account, Grailed offers low fees for sellers. For select categories, eBay also allows online escrow services, checks, money orders, and bank-to-bank transfers. Unfortunate. Pay, shop, and do even more on the PayPal app. Given our current sneaker climate and demand far outweighing supply, the converse is true as well. Flight Club is a true retailer, and since all product is onsite in either a store or a warehouse, turnaround times are quick. Tax and shipping are tacked on after a purchase, and the store ships to most countries, though at a cost. Then why this "Partner" is charging us? That's less than half a percent difference, in favor of Grailed. There are no fees for shopping or buying on Grailed. Each listing package offers different levels of bundled features for a set fee. Ebay takes all their fees in other ways so this is not coming from ebay and ebay directs me to paypal. PayPal fees for transactions within the United States are 2.9 percent plus $0.30 per transaction, while. How can i find who is taking this money out of my account. 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!