From StockX to eBay, these online marketplaces will help turn your clothes and kicks (and more) into cash, Got Unworn Kicks and Closet Castoffs? Enter the total amount sold before fees & excluding shipping charges. Pros 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. and our Given our current sneaker climate and demand far outweighing supply, the converse is true as well. For its service, Flight Club charges a 20 percent flat rate fee on every pair of sneakers solda hefty price compared to competitors. https://www.finalfees.com is neither endorsed by nor affiliated with any with them, nor is the accuracy of its results guaranteed. Also, since StockX authenticates every item in-house in one of many warehouses, products can sometimes take a number of weeks to arrive, and overheard (albeit indirectly) leads to steeper costs. For listing mainstream brands that are well-known. 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. 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. For US domestic payments, there is a payment processing fee of 3.49% + .49 USD. While technically one entity, each still operates independently and are seemingly autonomous. 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). Grailed is free for buyers and sellers pay a low commission fee. The only true sneaker marketplace, you can communicate directly with your potential buyer, inducting them into the Grailed community. What is Grailed's commission fee used for? core (like nike sneakers, sweats etc.) GOAT focuses exclusively on footwear, predominantly recent drops and noteworthy collaborations. The 100 Greatest TV Shows of All Time 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. Grailed takes a commission when your items sell. StockX only allows brand new merchandise, meaning anyone with once-worn or slightly used sneakers is out of luck. Commission rate. Worth noting, on any site your likelihood of being scammed increases if you're selling hype items that appeal to a younger audience. 2023 Digiday Media. Pros When the item sells on eBay.de, eBay will calculate your payout amount by converting the sales proceeds from EUR to USD using the transaction exchange rate applicable at the time of the sale. Read more about our, Charged only once per listing for listings with multiple items. Graileds 9% + 2.9% and 30 cent Paypal fee equates to 11.9% + 30 cents. https://www.finalfees.com is neither endorsed by nor affiliated with any with them, nor is the accuracy of its results guaranteed. You're selling the latest version of a smartphone in used condition using a 10-day duration. Grailed fee: $3.03 ($1.80 Grailed commission + $1.23 payment processing fee) You make: $16.97 . Select Clothing, Shoes & Accessories categories: Free if starting price is $150 or more* - See: Notes for Basic fees. The majority of products on our marketplace trade for more than their retail price, and the size of their price premium that is, the difference between resale and retail price tends to be a good measure of demand. Reserve price in select Business & Industrial categories: International site visibility for auction-style listings, International site visibility for fixed price listings. Why am i paying 11 partners fee for a 36 order? As Flight Club is a true consignor, you are only paid once your sneakers sell. Those below pay on a sliding scale, with the highest fees reaching 20 percent. 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. EDIT: To clarify, I'm only selling new, unused products. Ebay also still has a much bigger user base. That said, higher fees and longer wait times make selling on StockX a longer process than competitors. Thanks in advance. Getting paid:Once your item sells, youll receive payment through PayPal. Cons eBay was founded in 1995, and it definitely shows in the user interface. Since Flight Club is still technically a brick and mortar store, prices tend to be a bit steeperthey have to cover rent and inventory. eBay Cracks Down on Sneaker Counterfeits With Authenticity Guarantee Program Between raffles, bots and surprise drop dates, managing to score the sneakers you actually want is more difficult than ever. If youre looking to cop a pair of hyped sneakers online, its great. 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. By browsing this website, you consent to the use of cookies. Pros Once rivals in the space, early last year GOAT and consignment shop Flight Club merged into one company. If eBay converts your funds, the conversion will be completed at the transaction exchange rate we set for the relevant currency exchange. As such, we included them separately. The 200 Greatest Singers of All Time We hate to say it, but if youre looking to buy or sell rare or vintage sneakers, theres no better place than Grailed. See how it works. We have come across some oddities which are cause for concern. 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. The item sells immediately for the Buy It Now price of $400. There is even a petition on Change.org to reduce the fee to 7.5%. First, potential sellers must apply in order to list items on the website. The retail experience is relatively straightforward and all items are authenticated in-house at one of StockX's warehouses around the world. All of the products offered by DoNotPaywill save your time and money wherever you are and wherever you do business. The conversion charge is a fixed percentage applied to the base exchange rate and retained by eBay. eBay's transaction exchange rate is composed of a base exchange rate plus a conversion charge. For those in the New York area, selling requires almost no overhead and is very straightforward. Get news and analysis about fashion, beauty and culture delivered to your inbox every morning. Between fees, prices, the ability to purchase slightly worn shoes for well below their going rate, no other site compares. Good for selling: Streetwear and sneakers, celebrity collaborations, and collectibles, Popular brands:A Bathing Ape, Cactus Jack, Fear of God, Supreme. 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. How it works: Sellers list sneakers that they want to sell via consignment through Stadium Goods Seller Portal. 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. 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'? If your item sells, youll receive a pre-paid shipping label and your item will be authenticated before its shipped to the seller. 20% difference. We have helped over 300,000 people with their problems. Something went wrong. Commission and fees:If your item sells, youll earn 80 percent of the list price. 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. We don't sell things, we only receive donations, yet some unknown partner is getting money that should be going to the non-profit. If you sign the petition, there may be a chance of getting the fee reduced. 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. Grailed's 9% + 2.9% and 30 cent Paypal fee equates to 11.9% + 30 cents. 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. Is the partner fee basically the eBay fees when an item sells? The amount you pay depends on the listing package you choose Basic, Premium, or Plus. Sneakers are a key area for growth for eBay. I am very sorry for any confusion this may have caused you, and the best place to look for the terms for this fee and how it is totaled would be on the service you used to sell the item. It seems like no matter what the issue is with the transaction, eBay will always side with the buyer. eBay has 3 types of fees: Final Value Fee, Insertion Fee and Listing Upgrade Fee. For international payments, there is a payment processing fee of 4.99% + .49 USD. If you only offer 1-day or international shipping but no cheaper option like domestic shipping, the total amount of the sale is calculated based on the service the buyer chooses. Post any item for free. my hype items never, I think its hard to sell unless you are the lowest priced. Stadium Goods is a similar experience to many other platforms, offering a wide array of sneakers varying in cost due to size and demand. Search "appeal fees" on DoNotPay, choose the Fight and Waive Fees product, and select the type of fee you want to appeal. While Amazon charges nearly 15% and eBay isn't far behind at 13% Grailed charges close to 10%. For buyers, there are no fees for using the platform. Many prospective online sellers tend to consider StockX vs. eBay, two of the most popular online resale sites. That's less than half a percent difference, in favor of Grailed. PayPal's seller's fee varies and is based on the location of the buyer's billing address. The platform announced the change less than 24 hours before it was implemented. 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. 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. Flight Club only deals in new sneakers. eBay is an online marketplace where users buy and sell products. I agree that Paypal protection can be one sided. Grailed Fees Anyone else flabbergasted at Grailed's fees now? The main reason users are so upset is because they feel like there was no warning.

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