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. Streetwear. Let us know in the comments if you have tried Depop or any other platforms as well as Poshmark! If youre looking for those types of things, youre better off shopping on eBay, which is more like a general online thrift store. Cookies help us customize the PayPal Community for you, and some are necessary to make our site work. Its flat-out fun to browse on this app, and youll most likely find at least one item you cant live without. You can do so on the app, or depop.com. When it comes to shopping ease, Depop is the clear winner. - Youll need a phone number and an email address - its important that you enter a real email address, because this is how well send you notifications and other communications. When you receive a dispute, always resolve it with the buyer before involving Depop. They have finally rolled out Depop payments to give buyers more options while allowing sellers to have the money in their bank account rather than having to transfer their funds from PayPal. If you still have any questions at all please feel free to comment and i will be happy to answer. Here are a few to start: 1. You can learn more about how Depop fees work in our help centre article. Paying for shipping labels depop payments vs paypal I haven't sold on Depop in a bit so I wanted to ask with all the new updates if you're able to use the money from a sale to pay for the shipping label. But online platforms like Poshmark and Depop arent selling items themselves. When youre considering Depop vs Poshmark, look at your items with a critical eye. There are different marketplaces on the internet nowadays. This is a place to explore unique fashion and be part of a community-driven zeitgeist thats shaping culture for the better. As the platform grew to 26 million users, it expanded to a resale platform. Now that you have equipped yourself with the tips on avoiding receiving return requests and processing a refund for your buyers, you can now focus on growing your business and boosting your sales. They later expanded into childrens and mens clothes. I love these features because they often show me things that would make a killer outfit with my previous purchases! But if you cannot establish a resolution between you and the buyer, you will have to resolve the issue by directly dealing with PayPal and providing them with proof to help your case. This tactic can be a great way to maximize sales by interacting with potential customers. Enter the amount you want to refund. Sold through Depop Payments If the item was sold and paid using Depop Payments, you could settle any issues with your transaction through Depop. I get alot of questions when it comes to depop and paypal fees. Its hard to choose a winner when it comes to payment with Depop vs Poshmark. Here, you will enter your address. You can issue a full or partial refund within 180 days of the original payment date. Etsy vs Depop: How Much Can You Earn If you find a lot of great things from the same seller, this type of discount can save you a lot in terms of shipping cost. Aside from making your item appear on buyer searches accurately, a clear and complete description is what helps push your buyer to finalize their purchase decision. Reddit and its partners use cookies and similar technologies to provide you with a better experience. All zippers fully functional. A sub for discussing all things Depop. PayPal features and capabilities Like Payment Depot, PayPal can handle a variety of transactions, both in person and online. Even without a PayPal account, you are still covered by PayPal Buyer Protection if you use PayPal checkout. Depop does not have subscription or listing fees but they charge a 10% flat rate on every item sold. This site is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to Amazon.com. As a seller, will Depop payments really be better than using PayPal? Sneakers. 4. Make sure you stay on top of your inventory and take down the sold listing from the other platform. Founded on the tenets of social commerce, Depop is a P2P eCommerce platform. Depop has a way to show you items tailored to your tastes and needs, too. You have a general idea about how much you can actually make per sale, based on the Poshmark vs Depop commissions. Signed up already? 3. It doesn't appear in any feeds, and anyone with a direct link to it will see a message like this one. It may be worth investing into an authentication service for higher priced or luxury items. That is why, before you venture into something, it is crucial to know the process of vending, what could cause problems, and how you could solve them. Its better to curate your collections to ensure youre delivering what each group will want to buy. If the buyer chooses to pay with Depop payments instead, the fees will be 2.9% + $0.30. In other words: the easier it is for people to pay you, the more likely it is that youll get paid. I'm not sure if depop only send the money once the buyer has received their item. Ship your item using tracked postage that can show confirmation of delivery to the buyers' address. Please note that transaction fees may vary based on your location and PayPal account setup. But not many people make the effort to DM; they just want to browse and buy with little interaction, which is the whole point of the platform! Most sellers get excited when they see the Depop selling fees are just 10%, regardless of how much the item sells for. Here is the fee table gotten from the depop website: Depop states that you may also be charged an additional 1.29% seller service fee for UK-EU transactions which is worth considering in your fee calculations. 26 days ago. While there are honest ones, you may encounter some who would like to take advantage, so you have to be wise while keeping it professional. One of the practical tricks to do this is by cross-listing. Thats a huge community, so if youre looking for the perfect item, you have a great chance of finding it. Or view our blog on making money at Depop for broader tips and information. Reddit and its partners use cookies and similar technologies to provide you with a better experience. Be sure to read through its description and check the sizing to be sure its what youre looking for. From the Home icon, tap My DNA. Poshmark only has these two commission fees. Many poshers out there are clamoring for such an invitation. Shop around by looking for the item, or something similar, on both apps before finalizing a purchase. Depop payments is required for eligible sellers however you can still use paypal! You will click on Get started. If you want to keep them for later on, you can like or save them. How you do this varies by where youre located. Youll benefit from taking better pictures, having a title that shares a lot of information, and a competitive listing price. Trainers. We walk you through how to ship on your own step-by-step in the next article. You can read our depop fee guide here to learn more about depop fees. Apple pay for example is just 2 button clicks and a face ID away from a purchase, compared to entering multiple login details and card details. However, these offers arent always something you want. Whatever your style. Being fast in sending orders is a good thing. Some sellers offer discounted shipping if you order more than one item from their shop. If you love shopping at thrift stores, youll love browsing Poshmark and Depop online. - Select a photo to represent your account - thisll be how other buyers and sellers see you around Depop. Buying on Depop is not complicated. Many Depop sellers do this to reach more audiences, making their chances of coming across the right buyer for their item higher. Depop started out using paypal to process virtually all transactions, so every sale you made would be sent instantly into your paypal account. When you're selling an item on Depop, the seller is always responsible for shipping to a buyer. Although there isnt much of a difference regardless of how your buyers decide to pay, the fee may be slightly cheaper depending on where you are located, so you would have to check what the paypal fees for your country are and compare. For more information on shipping, check out our shipping guide. Avoid disputes on your items and get your Depop account in trouble. While you can do many things to avoid receiving a buyer return request from your sold items, here are some of the key points that you should remember when listing on Depop. Physical stores make money when people buy their products. Your own wardrobe - old, new, clothes you no longer wear, or items you want to give a new home to make space. A 10% Depop fee is charged on the total transaction amount (including shipping costs). For example, I remember being able to use the pending deposit from a sale on Paypal towards paying for the shipping label. Rag houses, outdoor markets, vintage shops, car boot/garage sales, charity and thrift stores are great sources of stock for your Depop shop. If you can, try to settle the issue with the buyer first to prevent an issue from being raised with PayPal. Lets compare the two fees based on the sales price. Interested in selling on Depop? Depop fees: No listing fee, 10% seller fee to Depop, PayPal transaction fee of 2.9% + $0.30. Theyre only providing an outlet for individuals to use. Both sites charge more for shipping internationally, but domestic purchases usually have a flat shipping rate. Depop payments will be around for a long while whether you prefer it as a seller or not. Why don't you give this a go for me by following these steps? So whether youre buying, selling or doing a little of both, using Depop is a straightforward - and enjoyable - experience. Sellers set their shipping on Depop, which means you might find some that offer free shipping. To access the items youve liked or saved, go to Profile > Likes or Profile > Saved. Depop Payments will become a requirement for selling on Depop. Simply head in-app, go to the Selling hub and tap the banner. But how does this marketplace of buying and selling work? However, unlike Poshmark, Depop charges you additional fees. Items sold via PayPal follow a different way of solving the dispute. Whatever your style. Review the information and click Issue Refund. I read the FAQ on shipping with Depop and while it explains the cost deductions, I'm still unsure if we have access to the label cost that the buyer paid or if I would have to pay for the label out of pocket and then receive the full payment. That's a big change from instant isn't it ? If you find a seller youre interested in, click the Follow button and theyll show up on your Feed tab, so you dont miss new items as they list them. When will I know if I am going to receive the payment? Youre set well email you a receipt with details about your purchase, and your seller will ship your new item to your address. Overall, I cant say theres a set pro or con with this feature on Poshmark. To get your payments released sooner, use trackable delivery with any of our approved delivery companies and enter the tracking details on your Activities page. You can provide any pictures of your item's condition to establish what the problem is about, and you can go from there. Prior to this rollout, PayPal did all the processing for your purchases or sales. Designer. This is a place where anyone should feel safe to show up as their full selves and feel good about the style choices they make. Youre set. Depop, on the other hand, takes 10% on everything sold. To do this, it is your responsibility to ensure that they don't encounter any issues with the item they ordered from you. Fees on Depop are very straightforward. In any business, including online selling, creating a seamless and good buyer experience is an essential part. Thank you so much for watching! If you sell it for $15 or more, then Poshmark takes 20% commission. I haven't sold on Depop in a bit so I wanted to ask with all the new updates if you're able to use the money from a sale to pay for the shipping label. and now one of our new services is also live we present to you: eBay Cross-Listing! Any online platform that allows individuals to sell items is going to take a commission; theres no way around it. Its not a bad way to do it, because you wont get notices about offers; the potential customer has to interact with you. If the item was sold and paid using Depop Payments, you could settle any issues with your transaction through Depop. How much of a fee does Depop take? 2. They allow users to shop through their website or mobile app. You can like items, comment on listing, and follow certain sellers so you see more of them. Shipping is a crucial part of finalizing your sale. The focus on Depop is for vintage items instead of upscale current fashions. But you can do some math on the front end and decide which site in the battle of Depop vs Poshmark will help you make more money. This is really simple and only takes a few minutes. Improved payment experience Use natural lighting to avoid over-exposur or soft light boxes to find the perfect level of lighting. Sorry, this post was deleted by the person who originally posted it. Shoot your item on a clear background to keep your buyer's attention on the item. Tap Checkout, then review your shipping address to make sure its correct. It's a new feature which is required for selling now, but you can put a disclaimer that you prefer PayPal in your listings/bio. A 10% Depop fee is charged on the total transaction amount (including shipping costs). It seems like buyers prefer to haggle more on Poshmark. I sold an item and then got an email from depop to say my PayPal wasn't verified, I've followed the links and updated my card etc but haven't received confirmation that it's now verified. All youll need to do is to enter your name, address, phone number and date of birth. Depop Fees . Now you have the know-how on how selling at Depop works, and youre ready to get listing and start selling for yourself. We will also assume that it is individual listings, rather than bundles. A major plus for Depop payments is that you get the money as soon as your item sells. Sure, Depop pays out immediately, but they take additional fees so youre not getting as much. The item is significantly not as described (Incorrect sizes, colors, counterfeit, has severe damage, significant wear or flaws, incorrect item/s, missing items in bundles). i loved depop payments until a couple of weeks ago when i noticed my balance was far lower than it should be, and when i talked to some other sellers they'd had the same issue!! This cut is a lot smaller than Poshmark, whether youre looking at the 20% commission or the $2.95 flat fee. Your item was as described, but the buyer changed their mind. Depop doesnt promote items as Poshmark does. Once shipped, keep your buyer updated. 2019-2023 All rights reserved. Paypal is popular but not everyone wants to go through them, you still have to log in and if you do not have a paypal account you need to get your card out and fill out a form, sometimes you may even be required to signup for paypal which a few buyers may not want to do. Many customers might make a cheap offer just to see what they can get. For example, I remember being able to use the pending deposit from a sale on Paypal towards paying for the shipping label. Ive sold on both and also browse the two to buy stuff so I can show you the ins and outs of what works. Posh Parties revolve around themes, like certain styles or accessories, and you can see new sellers and items that way. For American sellers, they take an additional 2.9% fee plus $0.30. Shopping on Depop is like scrolling through Instagram. Hey my sweets!! Payments that are sent to paypal will typically be instant and you can often use your money as soon as it arrives. Here is how joining Depop works, step by step. Depop doesnt have an option for people to make offers on your items. Preloved. Sell your old clothes and replace them with new-to-you, secondhand finds. Here are some vital facts and figures about how Depop works today. PayPal has merchant fees that youll incur, further cutting into your profits. Poshmark has an option for people to make offers for your items, similar to bidding on eBay. You also want to consider each sites selling fees. Ready to get started and try it for yourself? Very upsetting. We offer both PayPal and Depop Payments to give our users more flexibility while buying and selling on Depop. All zippers fully functional. By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. Its more like a social media platform, where buyers see things because they liked them or if they follow you. There are no surprises when youre getting paid out. In that case, the buyer will be advised to return the item using tracked postage before you can issue a refund of the full sale price, excluding the shipping fee. One of the easiest ways to save on costs is by saving on your shipping cost. Maybe youve got some questions about how selling works for Depop users. Note that counterfeit items must be automatically be refunded without the need for the buyer to return the item as shipping any counterfeit goods is illegal. As you use Depop, the app understands what you like and curates your My DNA and Explore pages. Before you price an item, you can guarantee that Poshmark takes $2.95 of the profit. While the framework of both sites is similar, you may wonder which is better in terms of Depop vs Poshmark. Depop is integrated with PayPal, which means that all payments made on the platform are processed through PayPal. It must've been cuz I mentioned the BBB.. Poshmark, based in California, began in 2011. List Perfectly is a trademark of ListPerfectly, Inc. Vendoo is a trademark of Vendoo, Inc. Poshmark is a trademark of Poshmark, Inc. Mercari is a trademark of Mercari, Inc. Tradesy is a trademark of Tradesy, Inc. Depop is a trademark of Depop Ltd. Etsy is a trademark of Etsy, Inc. Kidizen is a trademark of Kidizen, Inc. Grailed is a trademark of Grailed, Inc. Its easy to list items on both Poshmark and Depop. When a buyer has made a purchase, the seller then receives payment and must ship the item to their buyer. What does it mean to be invited to host a Poshmark partyBasically, it means that your closet is getting noticed, you have your stuff together, and you are on your, Read More How To Host a Poshmark Party: A Step-By-Step GuideContinue, A couple of months ago we ran a survey and we have already rolled out some changes (new subscriptions and billing system firstly!) NO PAYPAL. W for me today after 10 incompetent depop support representatives finally got someone to review my account suspension. Thanks for any help, Thank you. Here well break down how shipping works in the UK and the US. If you have added and confirmed a card then you should be verified. I have already shipped the item to the buyer but haven't had any money through. Only you should NEVER send an item before the funds are showing in your paypal account balance. DEPOP & DEPOP PAYMENTS SHIPPING VIDEO: https://youtu.be/jKjUcMXcKk. You can save money on the clothes and even with shipping costs. Depop is about celebrating creativity by wearing it. The 10% fee is not a listing fee nor a subscription fee from Depop. You might feel like youre getting a deal on clothes, but dont forget shipping costs. Many sellers register on both Poshmark and Depop. You must mention essential details such as: Your item photos are vital when listing as it gives your potential buyer a visual experience. Why should I get a PayPal account? For example, if you are in the US, the standard Paypal fee is around 3.49% + $0.49. Before posting and pricing your items, you must also consider other Depop selling fees and PayPal transaction costs. Remember to hit the Like button on any items you love, too - not only will this bookmark them in your likes, itll also help the app learn more about what kind of items youre interested in seeing. Depop Payments lets buyers use Apple Pay, Google Pay, credit and debit cards, as well as Paypal to shop on Depop. According to the Social Commerce Report, over 60 million Poshmark users buy and sell through their platform. Your payout will then be sent to your linked bank account 10 working days after the sale date. A responsible seller is very unlikely to receive any disputes. So what do you need to know as a buyer and seller on Depop? When it comes to commission taken, Poshmark is the winner. you know we love to give you great discounts and special events throughout the year, but were totally upping, Read More Reseller Assistants Black Friday Event 2020Continue, Once upon a time, Poshmark was a clothing site for women. This content may be old or outdated. Scroll down and tap Edit My DNA to add the styles, brands and sizes you want to see. Even though Depop doesn't have a listing fee, they do charge a transaction fee of 10% which is twice as much as what Etsy is charging. Aside from checking the prices of the same item in the market to get a reference, you can price your listing correctly by matching its price to its condition. All US sellers will need to sign up by 10 January 2022. You should do this within the allocated time frame to show that you are an honest and responsible seller. Your item is listed on Depop's prohibited items list. Weve even seen eBay make a move to do something similar with eBay managed payments for very similar reasons. Heres our easy guide to the ins and outs of selling on Depop. Listings that feature things for your home have grown exponentially since the platform, Read More What Poshmark Home Items Should I Sell?Continue, Poshmark is an excellent online marketplace to sell your unique clothing items. If you're looking to ship using USPS Regional boxes, you will no longer have the option to send them at Regional Rates. Instead, they have to DM you directly. Depending on the buyer's dispute, you may give them a partial or a full refund in your app or with the help of Depop Support. Lets be real, you probably dont care what method is used to get you your money as long as it lands in your hands as soon as possible. You can even find bags, purses, make-up, and other accessories on Poshmark. But if youre trying to browse, you might feel overwhelmed with this visual. Waist flat 13 can stretch to 15 Price is high and FIRM as I dont mind keeping might take down later Length 10 UPDATE: Updated depop payments shipping tutorial! This will ensure that you can always refund buyers when necessary. We offer a 14-day free trial to let you experience the difference of what our app can make. 98. r/Depop. More payment options mean even more potential customers for your shop. In this post, we'll cover what Depop payments is, what sellers can expect from Depop Payments, how to sign up and how to set up Depop payments. The page looks cluttered because the company sorts listings into parties and showrooms. This is a great feature for sellers because they get extra eyes on their items. This charge will be taken directly from your PayPal account or the card you are using for payments before the remainder of .
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