It's not clear cut like GOAT and StockX. As the resale market continues to heat up in apparel and footwear, streetwear-focused websites like Goat, StockX and Stadium Goods have risen to prominence in the sneaker space. So, youre the Head of Sneakers at eBay. I followed mine and here I am. Definitely the collabs; theyre always in high demand, not just on our site, but everywhere. Will eBay be worth all the extra trouble of photographing/writing descriptions/item specifics? Well, then lets just get right to it. The Australian sneaker scene changed forever in 1999 when heads Down Under were no longer geographically isolated from copping international sneaker heat. Nike-Backed Kizik Nabs $20 Million, Plots First Stores, De Bethunes Latest Watch Has a Dial Cut From a 1 Million-Year-Old Meteorite, MLB Antitrust Scrutiny Heats Up as Teams Cap DrafteesCash, Georgias Six-Week Abortion Ban Will Go Into Effect. We can walk them through the whole process. Back to StockX and Goat. Honestly, no. We do not charge a thing. The art of flipping shoes has turned into a shockingly lucrative industry, one forecast by Cowen Equity Research to be worth $30 billion by 2030. Front, back, sides and soles are essential, but refer back to the point about savvy sneakerheads. GREED. For specific questions regarding eBays new fees, here is the link. Yeah, theyre going for a down payment, essentially. There was an auction for it and all the money went to the Doernbecher hospital, and a Canadian purchased a pair of the Doernbechers for about $66,000 CAD. Complex Media, Inc. All Rights Reserved. So right there, we are already giving nine to 12 percent back to sellers [compared to] our competitors who are charging that much. Beginning Jan. 22, non-store merchants listing sneakers for sale for over $100 on the peer-to-peer marketplace will face final value fees of 8 percent, while basic and above store subscribers will pay 7 percent of the value of their sales. While eBay is hard to compete with when it comes to selling sneakers or mens and womens athletic shoes, other platforms should be considered when it comes to selling other items. Earlier in December, the company announced a partnership with 3D content platform Unity to pilot new true view technology that uses interactive, 360-degree visualization to showcase product details on select sneakers starting this month. For buyers as well, were not charging for the authentication process right now, so you can ensure that your shoes are legit at no extra charge. For all sales above $100, they took nothing in fees, including selling, processing, or final value fees. Ive been listening to podcasts and some real OG sneakerheads love their pre-owned kicks. 8% plus the cost of a shipping label is going to be more than StockX/GOAT most of the time I think, so they might end up losing all the sellers that they got from no fees. Have you noticed any differences in taste between Canadians and Americans? In January 2022, eBay implemented an 8% final value fee as the only fee for the sale. He gets us every time. I feel there is no reason to not trust us. Simply change details like size, colour and SKU, then attach photos. From its roots as a DIY-style fanzine to todays global coverage, its pages have documented every colab, custom, limited edition, retro reissue, Quickstrike, Hyperstrike and Tier Zero sneaker released over the last decade and a half. Our editorial content is not influenced by any commissions we receive. This is still lower than selling on any other platform.if(typeof ez_ad_units != 'undefined'){ez_ad_units.push([[580,400],'fulfilledmerchant_com-medrectangle-3','ezslot_3',119,'0','0'])};if(typeof __ez_fad_position != 'undefined'){__ez_fad_position('div-gpt-ad-fulfilledmerchant_com-medrectangle-3-0')}; Even competitors such as Poshmark, Mercari, and Depop compete, in addition to GOAT, StockX, or Stadium Goods. Im just gonna go pick them up and deliver them to the center. Adjust your pricing accordingly. Its a great way for us to come together as a community and give best practices. The new policy reverses course from a 2019 decision to waive fees on sneaker sales altogether. What is it that you do? Theyre always, always in demand. We have a dedicated center here in Canada and partner with third-party authenticator, Sneaker Con. 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. The only slight advantage of Poshmark would be that all sales are final. Founded back in 2002, Sneaker Freaker is the first and only international footwear magazine. I do know that, actually! And now, eBay just announced they are extending Authenticity Guarantee so Canadians can sell authenticated kicks to the largest sneaker market in the worldthe United States. So the net the seller gets after fees is variable. In the mood to cop or sell kicks? 2022 Sourcing Journal Media, LLC. And now were just continuing to add more to the program. Sneakerheads are pretty savvy now, using SKU codes to look for exact models. If the sneakers are going to be sold via auction, consider setting the end time to when bid activity should be at its highest. We really want those Travis Scott 1 Frags, which werent released here. This is why I sold quickly all my sneakers and I dropped one of the items so it can be sold faster. This investment will allow us to continue to bring new features and services, like Authenticity Guarantee and 3D true view, that drive trust and transparency in the sneakers categories.. Not every sneakerhead will want to be up at 3am waiting to bid on a listing. RJ Barrett on His Rarest Sneakers, Team Canada, and J. Coles Advice, eBay Is Bringing Sneaker Authentication to Canada in a Bid for Resale Dominance, The Best Sleeper Sneakers in Canada Right Now | Northern Soles, tapping Mississauga-born NBA star and eBay sneaker shopper RJ Barrett, free to list and sell collectible sneakers. We worked with The Kickback Connect to list them as a [charity] to donate to at checkout. Where possible, shoot the sneakers against a white background and get that good lighting! It does not mean all shoes, unfortunately. Hop on eBay now and get started! Vintage hunters will even search for sneakers by production year, so try also adding that into the mix. However, there is no competition when it comes to selling sneakers. Honestly, for sellers, were putting money right back into their pockets. New comments cannot be posted and votes cannot be cast, The unofficial eBay subreddit. Were set up to be the most trustworthy platform. So, you see why the companys keen to double down on its efforts in the shoe space. Plus, its free to list and sell collectible sneakersso there is absolutely no risk in just trying. Lets take a look at why you should consider selling on eBay.
Quit complaining about measly 8% fees. Ah, that Travis Scott. As we continue to invest in our platform, we are making changes to final value fees for Mens and Womens sneakers listed in the Athletic Shoes category, eBay said in a statement on its website. So, what were finding more is that we really want to try to get the inventory that the U.S. is getting. In some cases, its also worth asking if theyve got any other interesting shoes they havent yet listed. On top of tapping Mississauga-born NBA star and eBay sneaker shopper RJ Barrett to promote the Authenticity Guarantee program, this year eBay appointed a Head of Sneakers in Canada, Shireen Edross. Meanwhile, StockXs transaction fee is 10 percent, coupled with a 3-percent charge for payment processing, and Stadium Goods sellers pay 20-percent commissions and 1-percent transaction fees on each sale. Sneakers include mens and womens athletic shoes, which means running shoes, court shoes, hiking or trailing shoes, or other fashion sneakers. Not being a smartass. But overall, I am solely responsible for really making eBay the top destination for sneakers in Canada, for buyers and sellers. This is a hugeWfor Canadian sneakerheads. I understand that no fees is not sustainable, but the whole "We're still have lower fees than StockX/GOAT" is looking like a pile of crap - it's no different from the competitors now having to pay 8% + shipping label. And were just getting started. We are the original. Theyre now double checking size tags and box labels too, so dont forget to include those areas. Selling sneakers on eBay will soon cost a little bit more. But you might be surprised how easy and affordable it can be. We also have tamper-proof NFC tagsunlike some of the other ones out there, you cant just take off one of our tags, stick them onto another sneaker, and say its legit. The platform provides access to your product to the entirety of the world. Start small with your own collection and build up from there. Its free to sell sneakers on eBay. Most users are online between 7pm and 9pm, but its worth experimenting if you have plenty of pairs to sell. Still applicable to today, Poshmark is worth checking out and we go over why in the next article below.if(typeof ez_ad_units != 'undefined'){ez_ad_units.push([[300,250],'fulfilledmerchant_com-box-4','ezslot_8',124,'0','0'])};if(typeof __ez_fad_position != 'undefined'){__ez_fad_position('div-gpt-ad-fulfilledmerchant_com-box-4-0')}; Read Next: Is Poshmark Or eBay Better To Sell On In 2021? What are the most in-demand sneakers this season? Last year alone, eBays Canadian sneaker sales grew by 325 percent. I mean, were talking the U.S. Their numbers are millions and millions more than us. Final value fees are 12.55% for non-Store sellers and 11.7% for Basic and above Store subscribers. They just went from first to worst. This was all thanks to the introduction of eBay, which in the 20-plus years since its arrival has enabled sneakerheads to hunt down Grails from Tokyo to Toongabbie! FFS Im so sick of hearing this complaint of fees. I didnt want to be the one to get got [laughs]. I think the culture is the culture. I'm still going to use ebay. For sneakers and mens and womens athletic shoes below $100, the fees are the same as before. We are the OG marketplace for sneakers, for finding the rare, unfindable sneakers out there. Amen. We also know the sneaker community likes to give back. link to How To Ship A Suitcase (Step-by-Step With Pictures), link to How To Order Free USPS Boxes & Envelopes (Step-by-Step). Unless your principal residence has been the underside of a boulder for the last decade, youre likely aware that sneaker reselling today is big business. Fortuitously, eBaythe OG marketplace of choice for sneakerheadsis on a mission to make business easier for Canadian resellers. Help for buyers and sellers. Insane! Insertion fees will continue to be waived for listings with a starting price over $100. We are compensated for referring traffic and business to Amazon and other companies linked to on this site. You would either say "I knew it was too good to be true" or "I knew it was too good to last". Everyone loved the Cements, so when they had the opportunity to try getting something very similar, that was really hot. As you were saying, eBay is the OG sneaker marketplace, but being the first comes with its challenges. Its cliche but so true. Here's how to pack and ship a suitcase step-by-step and the How To Order Free USPS Boxes & Envelopes (Step-by-Step). COMPLEX participates in various affiliate marketing programs, which means COMPLEX gets paid commissions on purchases made through our links to retailer sites. I think this might backfire on eBay tbh. Why is that such a game changer? Ask for more pictures for peace of mind, or to clarify shipping options if theyre not clear. We support a lot of charities. There is such a market for those. Even their dollar, in terms of their buying power in Canada, is greater than ours. But on top of that, in Canada, we are the only reseller of pre-owned sneakers, and thats huge. Just letting you know, the "to be true" was not necessary. At the time, eBay said that a sneaker is sold every 1.5 seconds on its platformsignaling the need for strict authentication measures. And it does not apply to kids or babies athletic shoes. Yeah. Its literally my dream job. Its the same whether its here or the U.S.we like our Jordan 1s and Air Force 1s, which were seeing a lot of on the site.
They have a really large threshold before they pay duties and taxes as opposed to us. With the largest user base and the lowest selling fee, eBay is still the best place to sell sneakers. It happened this March. Were using the actual experts in the sneaker authentication business to do this for us. Sneakers under this filter are sent to eBays Authentication Centres in the US and Australia where they undergo a stringent legit check by third-party experts. Dont be afraid to get in touch with the seller to ask questions. Now were really giving Canadian businesses and Canadian sneaker sellers access to one of the worlds largest sneaker-buying markets. Despite its investments in advanced capabilities, eBay said the new selling fee structure remains the most cost-competitive among popular online marketplaces for sneaker resale. I dont feel Im the most qualified person to be giving any career advice [laughs], but what I will say is follow your passion.
What sucks is like other categories, it's 8% on the total selling cost (price + tax). In other words, if youve never considered selling your kicks online, perhaps its time you did. Ebay closed on a deal to acquire a sneaker authentication platform from event company Sneaker Con in late November, continuing a partnership that began last fall. Also just recently, Jordan brought out the Pollens, as play to the Wu-Tang Dunks that came out back in the day. Goat charges a $5 seller fee for each pair of sneakers sold, along with a 9.5-percent commission and 2.9-percent cash-out fee. Oh boy, the things I would do for a pair of those original Wu-Tang Dunks. We asked Edross about what separates eBay from the competition, the best-selling sneakers in the country, the most expensive kicks ever bought by a Canadian on the platform, and what exactly her gig entails. Effective January 19, 2022, the final value fee for sneakers over $100 will be 8% (7% for Basic and above Stores subscribers). So dope. Shipping big items like suitcases and carry-ons seem like it could be tricky. Also, eBay is one of the only platforms where theres a charity at checkout, giving buyers the opportunity to give back. So as long as everything about your shoes is disclosed, including flaws in your listing, you will not have to deal with a pesky return. We worked with Doernbecher in the U.S. on their charity; they had some customized What The Air Jordan 1s made. Speaking of which, whats the most expensive shoe ever bought by a Canadian on eBay? With nearly 12 million unique visitors to the site each month, many will already be familiar with the eBay platform, but here are some extra tips and tricks to become a baller buyer or PowerSeller in no time! It was bound to happen. It worked with the group to expand its Authenticity Guarantee to cover all new and pre-owned collectible sneakers sold for more than $100 in the U.S., building out an authentication facility and implementing new verification standards. After all, a picture speaks a thousand words but dont forget to write a detailed description too. eBay is upping transaction fees on sneaker sales worth more than $100. Have you ever been burned with fake kicks personally? You want free, goto craigslist. No, because I was always afraid. You guys had your fair share of problems with counterfeit sneakers in the past. Upon passing that check, a digital certificate of authenticity is contained within a tag included with the shoes before being received by the buyer. Any advice for someone looking to make a living off reselling sneakers? Everything and anything to do with sneakers is my passion. I mean, Im sure theyre on eBay. If your passion is sneakers and selling them to people, youll find a way. Press question mark to learn the rest of the keyboard shortcuts. In a bid to reassert its place in the industry, the e-commerce giant has been busy rolling out new initiatives, from eliminating seller fees for shoes over $100 to launching a comprehensive Authenticity Guarantee program, allowing collectors to rest assured that the Jordans or Yeezys theyre looking to cop are the real McCoy. Please read the rules - https://old.reddit.com/r/Ebay/about/rules/, Press J to jump to the feed. Yup, thats a real job. And sorry if this offends you. That is overall still lower than any other platform. This is what your transaction details will look like. The best-selling shoes in Canada so far, since the launch of the authenticity program in May, have been the Air Jordan 4 White Oreo. Those were definitely hot and still are; were still seeing them come through because of the inventory. I know eBay recently opened up the authentication program to include southbound selling for Canadians so they can sell sneakers to Americans. There really are people out here spending that much on shoes. Whats been the best-selling sneaker in Canada on eBay this year? Not to mention eBay doesn't provide a shipping label with their fees. It was an amazing collab. With the immense number of shoes out there some with the same nickname (looking at you Court Purple) it helps to be super specific. A listing can have up to 12 photos, so make full use of that! How To Ship A Suitcase (Step-by-Step With Pictures). If moving lots of shoes is your goal, eBay lets you save templates for your items that pre-fill most of the products information. I pay my taxes like a good boy. Were quite aligned with our neighbours; we like hot collabs and new drops just as much as they do. Buyers also have an added assurance that sneakers are authenticated. I knew it was too good to be true to last. So what sets you apart from the competition? So, all these are great things that benefit Canadian sellers. OK, lets talk more heat. When the Oreos came out they were such a good comparison to the Cements. So for a $100 sale, here is a table comparison of the total fees that you would be paying. Work-flow can help the Cash-Flow. Were seeing more people turning their passion for kicks into full-on businesses. I touch everything on sneakers for eBay, from the authentication center all the way to working with sellers to grow their businesses, marketing campaigns for buyers, working with charity organizations that align with what were doing with sneakers and with eBays DNA. Get to the double digits and then Ill hear your complaint lol. I could not have envisioned anything better when I was growing up, but here I am. Im just not sure if I want to spend that amount [laughs]. eBay has long been an industry leader in the fight against counterfeits, but our Authenticity Guarantee program for sneakers takes the trust factor to a whole other level. And we make it easy on eBay; we have so many programs, selling tips, and info sessions that we can hook a seller up with if they feel overwhelmed. Weve added in that really nice layer of trust with the Authenticity Guarantee program, so now when a Canadian is selling into the States, its coming to the authentication center, which takes care of shipping it out to the U.S. Its so much easier for the sellers; they dont have to worry about the extra paperwork, extra steps, or extra costs to get things to the U.S. You just have to worry about getting your shoes to us and thats it. EBay has invested in programs and technology designed to help sellers create high-quality listings that could encourage consumers to purchase with confidence. Though online sneaker resale marketplaces have proliferated over the last half-decade, eBay is still one of the largest, with a pair of sneakers sold every four seconds across North America. Is Poshmark Or eBay Better To Sell On In 2021. Do you happen to know? Becoming a Top Rated seller is one of the ultimate achievements as an eBay user. Still lower than just about every single category. Pretty dope job title. One of our VPs actually hand-delivered the pair; he happens to live in Portland, where Doernbecher is, so he was like, Forget it. Make the case for me: Why is eBay the place to buy and sell sneakers right now? With tens of thousands of sneakers available on eBay Australia alone not to mention international listings there certainly is a lot to choose from! Recently we worked with One More Wear, a local charity, for a back-to-school incentive to help bring them awareness. There is, after all, a massive pile of money lying at your feet. Obviously, these days, there are more sneaker reselling avenues than ever that people can take.
Those are super hot in Canada too. So, having the ability to also legit check those pre-worns just sets us apart. Prior to January 2022, eBay was extremely competitive with its fees for sneakers. So, the Jordan 1 Travis Scott x Fragment and the Off-White x Nike Dunk Low The 50those are definitely highly sought after, looked at, and searched for on our site. The experience will allow buyers to examine the actual item theyre looking to buy from every possible angle, as if holding it in their hands, from the stitching to the sole to the quality of the material and everything in between, he added. Are there certain trends resonating more in the U.S. than in Canada, or vice versa? That's crazy man Aren't they making enough fucking money? We are among the first in the resale market to bring this level of visualization detail and ease-of-use to consumers, and we believe it will be a game changer for our sellers and buyers, eBay chief artificial intelligence officer Nitzan Mekel-Bobrov said. While all of the usual filters like brand, size and colour are easy peasy ways to find the right pair, eBay have introduced a new Authenticity Guarantee filter to ensure the sneakers sold are 100 per cent legit. If you're shipping out packages often, having different choices of box and We have been selling online for over a decade and want to bring you some of the best information and reviews to help with your business. Get first dibs! Sourcing Journal is a part of Penske Media Corporation. Even at the new 8%, your total fee will still be lower than anywhere else. The Art of Buying and Selling Sneakers on eBay. But outside of those collabs, its the retro Jordans. If you didn't know USPS offers free mailing boxes and envelopes that may not always be available at your local post office. My year's ebay income is in the mid 6 digits. They love that they dont have to spend as much or theyre already worn in. Its simpleif you want to do that, just get started. So my collection was majority retail, in full transparency, for many years until I started working at eBay and really understood the robust protocols and policies they have in place that protect buyers, like our Money Back Guarantee.
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