How much does StockX take from a sale?

How much does it cost to sell on StockX? There is no cost to list products but a transaction fee of 9.5% will be charged if the product sells.

How much does StockX take out when you sell?

If you're selling on StockX for the first time, you'll start out at Seller Level 1 with a transaction fee of 10.0%. By selling 3 items or selling a total of $500 in gross merchandise value in a calendar quarter, you can achieve a lower seller fee.

What fees does StockX charge?

StockX Selling Fees Explained

For every transaction that occurs there is a 3% payment processing fee. StockX also charges a Transaction Fee that depends on your seller level. Everyone starts at Level 1 which has a 9.5% Transaction Fee.

How much does goat take from a sale?

The amount of the commission fee is 9.5% + seller fee for a seller in good standing. The commission fee can increase to 15% + seller fee and a maximum of 25% + seller fee depending on the number of seller cancellations and verification issues, as described in more detail below.

Does StockX take profit?

StockX makes all of its money through commission fees – all $400 million of StockX's 2020 revenue. As mentioned above, StockX facilitated more than 7.5 million trades totaling over $1.8 billion in gross merchandise value (GMV) on the marketplace in 2020. Of which, StockX earns a commission fee on all of it.

How much does StockX make a day?

StockX, which is not profitable, charges a minimum $5 selling fee, plus as much as 12.5 percent in transaction and payments fees. Luber told the New York Times a year ago that StockX generated about $2 million in gross sales every day. The company has 700 employees.

Can you sell used on StockX?

At StockX, we only accept deadstock products meaning all sneakers, apparel, accessories, collectibles, and electronics must be authentic, new, and unworn.”

How much does Grailed take from a sale?

9% The Grailed Commission fee is applicable to Domestic and International transactions. The Grailed Commission fee is effective for listings created after August 12, 2020 at 12 pm ET.

How much are Mercari fees?

Mercari charges sellers a market competitive rate of 2.9% plus $0.30 for each payment received from the buyer.

What is eBay's fee?

Sellers with a basic eBay account pay a 10% final value fee for most items (with a $750 maximum), 12% for books, DVDs, movies, and music (with a $750 maximum), 2% for select business and industrial categories (with a $300 maximum), and 3.5% for musical instruments and gear (with a $350 maximum).

Can you cancel a sale on StockX?

? We do not allow sellers to cancel an order once it is confirmed. Please reach out to [email protected] if you have any additional questions.

Does StockX have hidden fees?

With StockX's all-in pricing, there'll be no surprises from extra charges when your item arrives at your door. With StockX's all-in pricing, there'll be no surprises from extra charges when your item arrives at your door.

What is the highest Seller level on StockX?

There will be a 5th seller level (the highest level), giving our biggest sellers the opportunity to earn significantly lower selling fees. Base rates for all levels are increasing by 0.5%, although Level 4 and Level 5 sellers will have the opportunity to earn lower fees through performance-based Bonuses.

Does Seller pay shipping on StockX?

As a Seller, your shipping cost is deducted from your total payout. Once a transaction is complete, you will receive a shipping label in your “My Account” section of the site. You are responsible for packaging and dropping off with the shipping carrier on the label provided to you.

How long do StockX delivery take?

StockX strives to have all items delivered to the buyer within 7-12 business days.

How much percent does Poshmark take?

For all sales under $15, Poshmark takes a flat commission of $2.95. You keep the rest. For sales of $15 or more, you keep 80% of your sale and Poshmark's commission is 20%. Once your sale has been delivered and received by your buyer, the earnings from your sale are yours.

How much is Mercari 2022?

Mercari Fees

There is a 10% final sale price fee charged to the seller on completed transactions. Lastly, there is a 2.9% + $0.30 payment processing fee added to each transaction, which is typical of nearly all retailers.

Is Mercari or eBay better?

Is Mercari Or eBay Better? Mercari is more beginner-friendly than eBay, and it's the perfect platform to list a few items for sale and to turn a quick profit without paying too many fees. If you want to keep things simple in terms of shipping and seller rules, Mercari is also better than eBay.

How much does Depop take from a sale?

Once an item sells, Depop will automatically charge a 10% fee on the sale price (including the shipping costs). The fee will be taken from your connected PayPal account or the card you are using on your Depop account.

What is the PayPal partner fee?

"Partner Fee" (or “Partner Commission” for those with a PayPal Business account) is the term used to encompass the total fees associated with your order. It includes the 8% fee for selling on Discogs, along with all applicable taxes for your order (e.g. VAT, Japan consumption tax, etc).

How do you make money reselling StockX?

To make money on StockX, sellers need to find inventory at lower prices than the sites to sell things online (in other words, buy low sell high). Sometimes people are selling sneakers on StockX for under retail value, but the priciest purchases come from the sale of limited edition or hard-to-find kicks.

What does B grade Jordans mean?

B. B-grade: A shoe that is not up to production standards and is considered “defect”, although these defects are so often so minute we can't even see. B-grades are found in Nike outlets and factory stores, usually with a B stamp or mark on the tongue or the box.

Why are StockX prices so high?

To support our customers, StockX created an experience we call “All-in pricing” that allows us to better match Buyers and Sellers within the same regions significantly reducing import duties and taxes.

Does Eminem own StockX?

StockX has received financial backing from Gilbert, investment companies Battery Ventures and GV, as well as Scooter Braun, Jon Buscemi, Eminem, Joe Haden, Ted Leonsis, and Mark Wahlberg. The company raised $6 million in February 2017.