Sellers also like using StockX because it offers anonymity, and they can sell to buyers in over 200 countries and territories around the world. grailed is easier to use for the most part and fees are either on par or lower. To attract the attention of more buyers, you add the Bold listing upgrade. What is Grailed's commission fee used for? Real Estate listings can be auction-style, fixed price, or in the Classified Ad format. Press J to jump to the feed. https://www.finalfees.com is neither endorsed by nor affiliated with any with them, nor is the accuracy of its results guaranteed. https://www.finalfees.com is neither endorsed by nor affiliated with any with them, nor is the accuracy of its results guaranteed. Sneaker Reselling Sites: A Roundup | Highsnobiety 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. 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. So how does this 9% fee stack up? This means it is most likely that your fees will be higher when selling on Grailed than on Ebay once you account for shipping. And what are the best ways to make sure you get the most money back from your unworn wares? An example of a partner fee would be the website Grailed who currently charges a 6% fee for sales on their website. Select the payment method you received based on buyer's location. This is just speculation, but I'm guessing they'd pay out of their own pocket if they disagree with paypal in a case. There are no fees for shopping or buying on Grailed. The Best Alternatives for Depop (2022) - SellerAider The Fight and Waive Fees product is just one of the many products DoNotPay offers that will save you time and money. Grailed Paypal Fee Calculator & Spreadsheet - FinalFees 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. If you need to refund the buyer or cancel the sale, you may be eligible for fee credits as per our fee credits policy. The Best Websites To Buy and Sell Sneakers. PayPal collected their fee .80 and pulled the $1.16 to pay the sales tax. According to eBay, I was also charge the final value fees as well I feel like BH Im being charged twice. They usually view the seller as guilty until proven innocent. Grailed by the numbers. Grailed additionally allows you to sell used sneakers as well, unlike competitors who only allow brand new ("deadstock") sneakers on site. For those that sell on other platforms, what does best on grailed? Fee amounts are based on the terms in effect when the listing goes live and when it renews. 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. Good for selling:Streetwear and sneakers, Popular brands: Jordan, Nike, Supreme, Off-White, Yeezy. 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. 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. Thats why its important to choose the right resale website for selling your clothes and accessories online. I've been using Grailed since 2015 but the latest item I've sold, the fees came out to over 25% wtf. Many prospective online sellers tend to consider StockX vs. eBay, two of the most popular online resale sites. See how it works. Reserve price in select Business & Industrial categories: International site visibility for auction-style listings, International site visibility for fixed price listings. . The wesite I sold my record from charges 200 sek for that but but Paypal made it 250 sek. But, trust us, theres a reason behind the blatant bias and ego. Once you factor in PayPal fees, Grailed becomes a problem. For buyers it is straightforward, however for sellers the high commission can eat away at profits. The seller has subsequently added some real photos, but the listing was posted and remained authenticated for two weeks while it only had the stock photos. Another (Celine) Portrait: See Bob Dylan in Fashion Brand's Latest 'Performer' Series. eBays listings allow sellers to specify multiple categories, item specifics, condition, and many other details. Many Grailed users are very upset about the fee increase and want to know how to fight or waive the fee. ABOUT EBAY FEES. * Starting price is the starting price (auction-style listings) or Buy It Now price (fixed price listings) of your listing, and doesn't include shipping, handling, taxes, or fees. 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. DoNotPay will generate the best argument for your case and make sure your fee waiver request gets sent to the merchant for processing. PirateShipis our suggestion, and they make it easy to ship with USPS or UPS. 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. 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 each time a transaction is made grailed takes a 9% commission of the sold price plus Paypal fees. The 200 Greatest Singers of All Time With the ability to buy both new and used sneakers, Grailed has the best prices anywhere. For listing high-quality goods that are coveted. Cons Enter the tax percentage you are charged. It feels like i am going in a circle. 2013. Check out our top picks below. For anyone not in the New York area, Stadium Goods requires you to set up a seller profile and communicate online with its internal sales team, creating a bar to entry. Cookies help us customize the PayPal Community for you, and some are necessary to make our site work. The item sells immediately for the Buy It Now price of $400. Thank you so much for joining thePayPal Community, and I'm so sorry that the community was not able to answer your question. If you sign the petition, there may be a chance of getting the fee reduced. Grailed is the preeminent marketplace for mens fashion and streetwearobviously, that includes sneakers. Newly Improved Ebay & Etsy Import System. How it was possibly authenticated is beyond comprehension. Otherwise, we charge a notice fee, whether or not you carry out the sale with the buyer. The products work across all products and services in every city and state. The bran will store your shoes and sell them on your behalf on its website, retail stores, or other sales channels. Hm. Grailed claims to offer their own protection which I have yet to hear any testimonials about, just constant copy pasta from Grailed staff. Is it a complete waste of time and resources for them? 2023 Digiday Media. Cons 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. The Grailed marketplaceallows people to sell men's clothes, shoes, and accessories from high-end designers. 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. 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. Sold an item for 220 bucks - they charged tax (automatically not something I asked for) and the partner fee was 50 bucks. Ebay has been charging a 10% fee for quite a while, and Paypal charges 2.9% + 30 cents per transaction = 12.9% + 30 cents. 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. Getting paid:Once your sold item is successfully verified by StockXs authentication staff, you can get paid in as soon as 30 minutes if you choose PayPal as your preferred payment method or in a few hours if you choose Venmo. Flight Club operates under a traditional consignment model. The 500 Greatest Songs of All Time 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. Click Here To Try! The platform announced the change less than 24 hours before it was implemented. Pros Charged per listing and per category. Ebay | Grailed If you use the Classified Ad format, scheduling a listing will cost $0.10. Charged whether or not your item sells. Did you ever find an answer of why you are being charged a partner fee by ebay? An example of a partner fee would be the website Grailed who currently charges a 6% fee for sales on their website. We don't sell things, we only receive donations, yet some unknown partner is getting money that should be going to the non-profit. 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. While initially focused on only sneakers, Stadium Goods recently entered the streetwear game as well, and now offers Supreme, Palace and even Travis Scott Astroworld merch. Thats right, Grailed. If you're a registered 501(c)(3) non-profit, then our fee is2.2% + $0.30 per transaction. EDIT: To clarify, I'm only selling new, unused products. Heres another we randomly came across, nearly a year after this article was originally written. 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. Absolutely. Tax and shipping are tacked on after a purchase, and the store ships to most countries, though at a cost. As previously mentioned it is predominantly geared towards buyers and with a sliding fee scale that maxes out at nearly 20 percent, the website eats into your profit margin. So, if you, Charged for the original listing and each time you choose to relist your item, Charged per listing if you create duplicate auction-style listings for identical items. I guess I was hoping to hear that "real" people work at Grailed and wouldn't just spit out the same generic responses while blindly siding with the buyer but it seems that dealing with scammers is a more common issue. I hope this helps and thank you again for joining the Community! For those looking for cheap footwear options or shoes below market, GOAT can be difficult. 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. The fees for these optional listing upgrades vary depending on your item's price and the listing format and duration. Gallery Plus eBay is an online marketplace where users buy and sell products. I was wondering if Grailed has a similar side with the buyer no matter what policy or if they actually value their sellers. Pros This is a. If your item sells, youll receive a pre-paid shipping label and your item will be authenticated before its shipped to the seller. While Flight Club has almost every new release you may be searching for, older modelswhich are more difficult to authenticateare often not available. Grailed Has FAILED. - The Hundreds Flight Club only deals in new sneakers. Click Here To Try It NowClick Here For Tutorial. If youre looking to cop a pair of hyped sneakers online, its great. eBay has 3 types of fees: Final Value Fee, Insertion Fee and Listing Upgrade Fee. No. Once the item sells, the user ships it to an authentication center, or drops it off at one of only a handful physical locations. Reddit and its partners use cookies and similar technologies to provide you with a better experience. Between fees, prices, the ability to purchase slightly worn shoes for well below their going rate, no other site compares. While technically one entity, each still operates independently and are seemingly autonomous. For example, while eBay charges around 10% commission, Grailed's selling fees are only 9%, saving you a little money on each sale. You can add up to 24 photos with zoom and enlarge, as well as schedule your listings to start and end at a future date and time, free of charge. For listing highly anticipated new releases. 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. - See: Notes for Good Til Cancelled listings, Fees for selling a vehicle on eBay Motors, fee page for your country or region of residence, Commercial, Residential, and Other Real Estate, Auction-style listings 1, 3, 5, 7 and 10-day duration, Fixed price listings Good 'Til Cancelled. No matter which format you choose, there are some rules you should be aware of, so please take a moment to read our Real estate policy. Cons Grailedhas recently faced some backlash from users after raising their fee / commission to 9%. Flight Club is a true retailer, and since all product is onsite in either a store or a warehouse, turnaround times are quick. I do best on Ebay. 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. Thanks in advance. While Amazon charges nearly 15% and eBay isn't far behind at 13% Grailed charges close to 10%. The first thing you should know is that Grailed does not personally inspect any items. I wonder how these made it through the filter if every item is reviewed? Is the Grailed Authentication process good? 9%. As such, we included them separately. Insertion fees for Classified Ads are $9.95 for a 30-day listing and there are no final value fees. We'll indicate which listings are subject to additional fees on your Account Summary - opens in new window or tab. Were going to breakdown whether that fee is reasonable, or whether youre better off selling onEbayorStockX. If your items are relisted automatically, you'll be charged insertion and optional listing upgrade fees each time your item is relisted. For select categories, eBay also allows online escrow services, checks, money orders, and bank-to-bank transfers. Something went wrong. Grailed takes a commission when your items sell. Good for selling: Streetwear and sneakers, celebrity collaborations, and collectibles, Popular brands:A Bathing Ape, Cactus Jack, Fear of God, Supreme. Pay, shop, and do even more on the PayPal app. Grailed - Paypal If you have already completed the transaction, you can contact customer service and request the fee be refunded. We have come across some oddities which are cause for concern. Like Flight Club, Stadium Goods lets consigners set their own prices, however works with them in order to try and match market cost. Select the merchant you want to appeal fees for and enter the details of your transaction, including an associated account if you have one. *2022 Update*As of January 19, 2022, Ebay has reinstated a final value fee for sneakers. If so, should I still have to worry about paying my eBay seller fees? 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. 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. 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. 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. Ebay is the most obvious competitor to compare against. We want to hear it. 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. 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. Grailed Fees : r/Grailed - reddit That said, if youre looking to enter the resell game, GOAT may prove difficult. 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. 1999-2023 PayPal, Inc. All rights reserved. With their new Managed Payments format, that number will now be 12.35% + 30 cents. 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. For Sneakers over $100 in value, the fee is 8%. The main reason users are so upset is because they feel like there was no warning. I was wondering if Grailed has a similar side with the buyer no matter what policy or if they actually value their sellers. EBay drops all sneaker selling fees to compete with GOAT, StockX After you drop off your sneakers, Flight Club handles the rest as you sit back and get paid. While Flight Club recommends prices, sellers are allowed to list their own, which means often sneakers are priced above market. For vehicles, see our Motors fees. 13.25% if total amount of the sale is less than $150. 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. Graileds 9% + 2.9% and 30 cent Paypal fee equates to 11.9% + 30 cents. Grailed is an online fasion marketplace focused on vintage, high-end, and popular street brands such as, Champion, Nike or Gucci. 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. Date founded. Privacy Policy. The catalogue is similar to many competitors, and like many others only deals in brand new merchandise. It's absolutely terrible for the seller. Enter the tax percentage you are charged. 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 . It was raised on August 12th, 2020 from 6%. The platform uses PayPal to process payments, so you will have to pay a PayPal seller's feeas well. "by the website an item is sold from".. for me, this is ebay. The online marketplace exclusively for high-end men's designer clothes is Grailed. 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. 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. But how exactly do you sell clothing online? 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. Final value fee (13.25% of $7,500, + 2.35% of $2,570, + $0.30). The short explanation is: both eBay fees and Mercari fees are roughly 13 percent. Between raffles, bots and surprise drop dates, managing to score the sneakers you actually want is more difficult than ever. If you want to sell on Grailed, there is a 9% seller's fee. Here's why you should sell on Grailed: Pros of selling on Grailed rather than Depop Sell luxury/designer items: While you can sell luxury items on depop, Grailed has a more curated/niche audience looking for hyped clothing pieces. Most of my sales are on ebay and luxury (like saint laurent) and hype (supreme) does best there. Your Guide to the Best Menswear Fashion Deals, But were not finished. The site claims the increase was to improve the marketplace experience for all users. An order is defined as any number of items purchased by the same buyer at checkout with the same shipping method. just wish they would launch more features for sellers rather than spending all their funding on curation stuff 4 joeharrisbeard 2 yr. ago Doesn't poshmark have ridiculous fees? Cons And were still not done. All Rights Reserved. If you are hoping to fight or waive fees on Grailed, you may want to sign the petition. If you want to sell on Grailed, there is a 9% seller's fee. Appreciate the responses. Browse the most sought after Ebay clothing including Short Sleeve T-Shirts, Light Jackets, Hats, & more. Grailed's 9% + 2.9% and 30 cent Paypal fee equates to 11.9% + 30 cents. Is it better than nothing? The amount we charge depends on the item's price, the format and category you choose for your listing, any optional listing upgrades you add, and your seller conduct and performance. Additionally, authentication fees and duties (if you're an international shopper) can potentially add a significant price bump to any purchase. It seems like no matter what the issue is with the transaction, eBay will always side with the buyer. GRAILED COMMISSION FEE 9% The Grailed Commission fee is applicable to domestic and international transactions. 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 . Once you actually sell an item, GOAT (like StockX) sends you a prepaid shipping label to send the sneakers to an authentication center. Click Here To Try It NowClick Here For Tutorial. The only true sneaker marketplace, you can communicate directly with your potential buyer, inducting them into the Grailed community. For each time a transaction is made grailed takes a 9% commission of the sold price plus Paypal fees. Consensus: While an iconic destination, Flight Club is predominantly a retail experience. One of the first sneaker consignment shops, Flight Club transformed from a simple retailer to a powerful online sneaker buying and selling platform. I am also and have no idea why. When a seller sells something on Grailed, our fee is deducted within the transaction itselfand then Grailed's 6% partner fee is deducted separately. If you run out of free listings, a $0.30 insertion fee is charged when you list an item. Why am i paying 11 partners fee for a 36 order? Select Clothing, Shoes & Accessories categories: Free if starting price is $150 or more* - See: Notes for Basic fees. So how do we know who this partner is? 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. If you compare them, you are sure to find one that has a more agreeable seller's fee. Grailed takes a commission when your items sell. But were not finished. Stockx vs eBay: How to Sell Your Clothing and Sneakers Online - Rolling The fee was raised from 6% in August. Getting paid: Youll be notified via email if your item sells, and you can then request a direct deposit payment (which takes three to five business days to process) to your bank account. The Total paid into my PayPal account was $17.16 as shown. Tags: jordan-brand, yeezy, adidas, nike, grailed, streetwear, resell, sneakers. Listing items is not for the faint of heart. You select a starting price of $199, with a Buy It Now price of $400, and you offer free shipping. 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. 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. 8% if total amount of the sale is $150 or more. Payments are deposited directly into your bank account. 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'? Each sale henceforth affects your score, with 2 points added for a successful sale and 10 points deducted for a poor sale. We've outlined the differences below. For buyers, there are no fees for using the platform. Commission rate. The Ultimate Grailed Guide - How to Sell on Grailed FAST It will have seven more mystery drops daily starting on Thursday. What is a partner fee? Competing on selling fees is also important since eBay does not compete with other resellers on authentication. Pros Good for selling:Vintage items (including clothing, accessories, and music memorabilia), handmade goods, and craft supplies. 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. To list an item, there are 13 required fields, and at least 20 more optional ones.