Flight Club is a true retailer, and since all product is onsite in either a store or a warehouse, turnaround times are quick. I was wondering if Grailed has a similar side with the buyer no matter what policy or if they actually value their sellers. till you get on grailedyou just wait. Commission and fees:Listing fee of 20 cents, five percent transaction fee, payment processing fee of three percent plus 25 cents. Popular brands:Nike, Louis Vuitton, Visvim, Levis, Raf Simons, Good for selling:Luxury menswear, streetwear, and sneakers. Grailed puts your grail within reach. Here is a listing we came across when it was first listed. Create an account to follow your favorite communities and start taking part in conversations. Thats why its important to choose the right resale website for selling your clothes and accessories online. That said, higher fees and longer wait times make selling on StockX a longer process than competitors. 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. For each time a transaction is made grailed takes a 9% commission of the sold price plus Paypal fees. Were going to breakdown whether that fee is reasonable, or whether youre better off selling onEbayorStockX. What are the seller fees? Cons For each time a transaction is made grailed takes a 9% commission of the sold price plus Paypal fees. Be sure to also check out any relevant payment processing fees that may apply to your transaction. Competing on selling fees is also important since eBay does not compete with other resellers on authentication. 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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 lower selling fees by an average of 10% across all categories. Unlike other websites, GOAT functions differently as it is predominantly geared towards buyers. 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! Lastly, our offer system allows you to directly negotiate with a seller to work towards an ideal price. 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. See how it works. eBay offers competitive selling fees. 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. 10 people found this solution to be helpful. https://www.finalfees.com is neither endorsed by nor affiliated with any with them, nor is the accuracy of its results guaranteed. I sold an item on eBay. For popular sneakers, they almost always have stock. Related Stories No. 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. The fee is around 2.9% domestic and around 4.4% international. eBay is an online marketplace where users buy and sell products. Then once properly authenticated, the item is shipped and the seller is paid. I was wondering if Grailed has a similar side with the buyer no matter what policy or if they actually value their sellers. The fees and benefits vary depending on the type of Store subscription you choose. Fees: Grailed takes 6 percent as a commission. 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. . Click Here To Try! 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. Is it better than nothing? The 100 Best Albums of 2022. The 100 Greatest TV Shows of All Time 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. The online marketplace exclusively for high-end men's designer clothes is Grailed. Good for selling: Streetwear and sneakers, celebrity collaborations, and collectibles, Popular brands:A Bathing Ape, Cactus Jack, Fear of God, Supreme. Those below pay on a sliding scale, with the highest fees reaching 20 percent. The only true sneaker marketplace, you can communicate directly with your potential buyer, inducting them into the Grailed community. I am also and have no idea why. PayPal's seller's fee varies and is based on the location of the buyer's billing address. © 2023 Copyright Finalfees. Select the payment method you received based on buyer's location. Whatever percentage you'd agreed to when deciding to promote your listing. If you use the Classified Ad format, scheduling a listing will cost $0.10. Free for many users to make an account, Grailed offers low fees for sellers. What is a partner fee? If your registered address is not in the US, please refer to the fee page for your country or region of residence for your seller currency conversion charge information. StockX is less straightforward than competitors. Grailed is an online fasion marketplace focused on vintage, high-end, and popular street brands such as, Champion, Nike or Gucci. 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. I hope this helps and thank you again for joining the Community! I need some help please. Seller fees. At StockX, we only accept deadstock products meaning all sneakers, apparel, accessories, collectibles, and electronics must be authentic, new, and unworn., As a general rule, the resale values of coveted deadstock items that trade on StockX tend to appreciate over time, Cutler continues. For our community of sneakerheads, eliminating selling fees allows them to turn their sneakers into more cash to fund future purchases, and results in a more robust sneaker inventory for shoppers everywhere, said Jeff Chan, head of mens footwear and apparel at eBay. Pros We charge two main types of selling fees: an insertion fee when you create a listing, and a final value fee when your item sells. 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. Good for selling: New, unused good condition sneakers, Popular brands:Adidas, Jordan, Nike, Yeezy. I wonder how these made it through the filter if every item is reviewed? The fees for selling a vehicle on eBay Motors are different from the fees for selling items in other categories. 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However, you can also use a third-party shipping site to get the discounted rate, regardless of whether you sell on Ebay or Grailed. How come. 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. If you run out of free listings, a $0.30 insertion fee is charged when you list an item. The 500 Greatest Songs of All Time Grailed's 9% + 2.9% and 30 cent Paypal fee equates to 11.9% + 30 cents. The fee was raised from 6% in August. 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. Of course there would also be the operation cost of investigating the case themselves. Like Flight Club, Stadium Goods lets consigners set their own prices, however works with them in order to try and match market cost. For comparison, StockX brought in about $700 million last year, though that includes its other categories, which make up a smaller portion of . Grailed's commission helps us maintain the marketplace to make buying and selling as easy as possible. Grailed commission fees Post any item for free. According to eBay, I was also charge the final value fees as well I feel like BH Im being charged twice. 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. But heres the kicker; Ebay offers discounted shipping labels. All Rights Reserved. PayPal fees are then added to that. PayPal fees for transactions within the United States are 2.9 percent plus $0.30 per transaction, while. Once you actually sell an item, GOAT (like StockX) sends you a prepaid shipping label to send the sneakers to an authentication center. 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. Buying sneakersnew or otherwisecan be a challenge. The Grailed marketplaceallows people to sell men's clothes, shoes, and accessories from high-end designers. 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. So how do we know who this partner is? Cookies help us customize the PayPal Community for you, and some are necessary to make our site work. What separates eBay from other sellers is our strong partnerships with other brands. Each sale henceforth affects your score, with 2 points added for a successful sale and 10 points deducted for a poor sale. Then why this "Partner" is charging us? 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