Also, there's a PayPal transaction fee of 2.9% + $0.30 in the USA and 2.9% + 0.30 in the UK. A certain percentage of the selling price might come off, and some outlets charge a listing fee before the item even goes live and has a chance to sell. Banking services provided by Piermont Bank, Member FDIC. If branching out does not seem like something you want to do at the moment then youll need to accept the new system and set up depop payments. Avoid disputes on your items and get your Depop account in trouble. As a seller, fees can really dig into whats left for you. Trainers. You also want to consider each sites selling fees. As a seller, will Depop payments really be better than using PayPal? Commission usually includes a percentage of the shipping charge and transaction fee. You can learn more about how Depop fees work in our help centre article. Depop Payments will empower sellers to increase their chances of selling by giving buyers more ways to pay. Depending on which methods your seller accepts, you can check out using either of these options. Has it gotten fixed for you yet? We will also assume that it is individual listings, rather than bundles. There are three ways shipping works on Depop if youre located in the UK: - Arrange your own shipping: Arrange worldwide shipping yourself (go down to your local post office or purchase a shipping label through a third party etc). Depop will send you an email with a link where you can sign up.if(typeof ez_ad_units != 'undefined'){ez_ad_units.push([[728,90],'fulfilledmerchant_com-medrectangle-3','ezslot_3',119,'0','0'])};__ez_fad_position('div-gpt-ad-fulfilledmerchant_com-medrectangle-3-0'); You will be redirected to the Depop app if you have it downloaded. You can provide any pictures of your item's condition to establish what the problem is about, and you can go from there. #StephanieVargas #depopfeesAlso dont forget to follow me on INSTAGRAM: @vargassssss_https://www.instagram.com/vargassssss_/ TKTOK: vargassssss_ https://www.tiktok.com/@vargassssss_?PINTEREST:https://www.pinterest.com/Vargasss_/DEPOP: https://depop.com/peasantthreads Follow David : https://www.instagram.com/venua__/************************************************************Intro Song Music Credit: Artificial.MusicTrack Name: \"And So It Begins\"Music By: Artificial Music @ https://soundcloud.com/artificial-music YT Channel HERE: https://www.youtube.com/user/SmartToa upload HERE - https://soundcloud.com/artificial-mus for commercial use: Creative Commons Attribution 3.0 Unported (CC BY 3.0) License.Full License HERE - https://creativecommons.org/licenses/ promoted by NCM https://goo.gl/fh3rEJ Depop's commission fees are a low 10%, regardless of the listing price, which is partly why the platform is such an attractive option to sellers. I get alot of questions when it comes to depop and paypal fees. Depop Payments lets buyers use Apple Pay, Google Pay, credit and debit cards, as well as Paypal to shop on Depop. The chains have DIA charms on them Price is high and FIRM as I don't mind keeping might take down later Marked a size M but see . When you want to cash out, Depop pays through your PayPal account or Stripe. All you have to do is link your Depop, Poshmark, and Mercari accounts to the app. 2019-2023 All rights reserved. You should find ways to have an advantage over other sellers with the same item. Why should I get a PayPal account? You can cross-list some of your items, but each platform has a specific audience. Privacy Policy. However, unlike Poshmark, Depop charges you additional fees. Or, message the seller of the item youre eyeing if you have any questions. You should respond within 24 hours to resolve it quickly before asking for Depop's help should you unsuccessfully find a resolution with the buyer. Tap Checkout, then review your shipping address to make sure its correct. Using a tracked shipping method is the ideal way of sending your orders. 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. Now you know to price your item for more than $5 so you make more money. You have a home feed that shows you items similar to what youve previously liked or bought. Or view our blog on making money at Depop for broader tips and information. Enter your routing (nine numbers) and checking number to complete. Always ensure that your item is authentic before claiming that it is. Follow these steps when youre ready to checkout: 1. Cookie Notice If the buyer chooses to pay with Depop payments instead, the fees will be 2.9% + $0.30. All youll need to do is to enter your name, address, phone number and date of birth. You might see a 2-3 day difference in processing times depending on your bank. If you choose to cash out, the money transfers to your linked bank account with no additional fees incurred. This is really simple and only takes a few minutes. For example, I remember being able to use the pending deposit from a sale on Paypal towards paying for the shipping label. There is also a standard PayPal transaction fee of 2.9% + 0.30 in the UK and 2.9% + $0.30 in the US. For sellers in the United Kingdom, that fee increases to 3.4% and an additional 0.30. Whatever your style. Also read: Poshmark vs Mercari: Which is best for Sellers? Heroine is a trademark of Grailed, Inc. eBay is a trademark of eBay, Inc. Facebook is a trademark of Facebook, Inc. Facebook Marketplace is a trademark of Facebook, Inc. OneShop is not endorsed, certified, or affiliated by List Perfectly, Vendoo, mercariBOT, ResellKit, SellerInsight, PrimeLister, Cross List It, Hammoq, ListingJoy, Crosslist, Poshmark, Tradesy, Mercari, Depop, Grailed, Facebook Marketplace, eBay, Kidizen, or Etsy. To access the items youve liked or saved, go to Profile > Likes or Profile > Saved. Ill still make sales, but its rarely at my set price. Heres how you will add Depop payments to your account. Your honesty as a seller can make a huge impact on your business. Sneakers. There are two ways shipping works on Depop if youre located in the US: - Arrange your own shipping: Arrange domestic or worldwide shipping yourself (go down to your local post office or purchase a shipping label through a third party). Simply head in-app, go to the Selling hub and tap the banner. When it comes to commission taken, Poshmark is the winner. But there are still some benefits to choosing one platform over the other. You also don't have to worry about signing up and paying straight away to test our bot. Learn More. 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. A 10% Depop fee is charged on the total transaction amount (including shipping costs). Depop started out using paypal to process virtually all transactions, so every sale you made would be sent instantly into your paypal account. Leave the Archive. It started as a social network, like an innovative magazine. Of course, the more satisfied your buyer is, and the better experience they get from your shop means more returning buyers in the future. Suppose both parties did not arrive at a resolution. 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). If youre looking for those types of things, youre better off shopping on eBay, which is more like a general online thrift store. Ensure to ship orders to the address on the Depop receipt. You should: One of the most valuable characteristics of a trustworthy seller is being honest. So this new payment system will mean quicker access to your money. But theres a good chance you can find those items on Poshmark, too, so its an ideal first stop. Once you sign up to use the platform, you can start uploading items to your shop. Shipping is a crucial part of finalizing your sale. Rule of Thumb for Depop and Paypal While any payment issue as a seller can be extremely frustrating, there are some steps that you can follow to ensure that you are getting your money on time. You can use Apple Pay, Google Pay, Paypal, credit and debit cards. Streetwear. Answer (1 of 3): No, it is not possible to use Depop without a PayPal account. Think of it like browsing a thrift store from the comfort of your own home. For American sellers, they take an additional 2.9% fee plus $0.30. To copy one of your existing listings, tap the copy icon at the top right of the listing screen and select the listing you want to copy. I'm not sure if depop only send the money once the buyer has received their item. 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. Here is the Depop fee breakdown: DEPOP FEE BREAKDOWN The Depop fees are 10% + Paypal fees Paypal fees are 2.9% + $0.30 per transaction (US) If y'all remember I posted how I got banned for hashtags that were FINE. All zippers fully functional. This pushes the algorithm to share your listings with more people on the app. Even without a PayPal account, you are still covered by PayPal Buyer Protection if you use PayPal checkout. Many sellers register on both Poshmark and Depop. Theres nothing worse than seeing the perfect clothing on your home page, only to realize its too small for you. Its free to list your items in your shop and youll only be charged once an item is sold. A good description outline of your item is what sets a buyer's expectations, and it matters that they get what they expected when they placed their order. Its easy to sign up for Depop Payments. - Next youll choose your username and a strong password, to keep your account safe. Preloved. Connect your Depop account to the Paypal account you will be using. Depop Fees . It may be worth investing into an authentication service for higher priced or luxury items. Its a win-win. Want to discover your next favorite thing? Find it on Depop. Let us know in the comments if you have tried Depop or any other platforms as well as Poshmark! Here are some vital facts and figures about how Depop works today. The price of an item is another factor that dramatically affects your potential buyer's purchase decision. Interested in selling on Depop? You can save money on the clothes and even with shipping costs. In other words: the easier it is for people to pay you, the more likely it is that youll get paid. 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. Poshmark is the thrift store where people are selling brand name items that you can get for a deal. My depop payments is also suspended in limbo for the past week or so. If youre specifically looking for vintage, you might have better luck on Depop. In any business, including online selling, creating a seamless and good buyer experience is an essential part. You have a general idea about how much you can actually make per sale, based on the Poshmark vs Depop commissions. Buying and selling clothes online reduces the amount of clothing going into landfills. Ive sold my clothes on both Poshmark and Depop. You made the transaction outside of the platform. I think I have done all the steps to verify it but I haven't had anything to confirm this. a 10% Once an item sells, Depop will automatically charge a 10% fee on the sale price (including the shipping costs). Depop payments is required for eligible sellers however you can still use paypal! Its flat-out fun to browse on this app, and youll most likely find at least one item you cant live without. No action needed well take care of the rest. Here, you will enter your address. Depop has a way to show you items tailored to your tastes and needs, too. Depop doesnt promote items as Poshmark does. DEPOP & DEPOP PAYMENTS SHIPPING VIDEO: https://youtu.be/jKjUcMXcKk. Etsy vs Depop: How Much Can You Earn 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. We will exclude shipping costs since that is variable based on the item youre shipping. For any item that sells for less than $15, they take $2.95. You can read our depop fee guide here to learn more about depop fees. Verify your information with Paypal (banks, cards, email, etc). Being familiar with the know-how of your business can save you from tons of problems that could arise when you don't do well in selling and dealing with customers. You will also be charged for the Paypal fee which is 2.9% + $0.30 in the USA plus the applicable shipping fee. Lets start by introducing what Depop is. Your item is listed on Depop's prohibited items list. If the item is brand new, check the retail price or similar brand new listings as yours and take it from there. All US sellers will need to sign up by 10 January 2022. Shop around by looking for the item, or something similar, on both apps before finalizing a purchase. Whatever your style. Sellers list unique clothes, usually vintage but still trendy. Instead, they have to DM you directly. 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. 26 days ago. Depop is like that hip thrift store in your city. the payment will typically be available to you within 21 days after receipt (the funds may not be released until later in the day). link to Yes, USPS Regional Boxes Are Discontinued, link to How To Pack & Ship An Xbox (With Pictures). Consider this as your official one-stop guide for everything you need to know about what Depop is all about and how the Depop businessworks. This move means that depop and their users (buyers/sellers) have a lot more flexibility in how payments work. Whatever your style. Then, youll be able to plan ahead and come up with a fair price for every item you list in your closet. Since that time, Poshmark has even branched out into non-clothing and accessory items to include products for pets as well as home items. Whether you want to buy or sell on Depop (or both), the first thing youll need to do is set up an account. Find it on Depop. Any online platform that allows individuals to sell items is going to take a commission; theres no way around it. Depop is a marketplace that is growing very fast since it was founded. When will I know if I am going to receive the payment? Enter the amount you want to refund. You will also be charged a standard transaction fee by either of PayPal or Depop Payments of around 2.9% + /0.30. 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. UPDATE: Updated depop payments shipping tutorial! Are you sure that email was from paypal and not a spoof? You are viewing the PayPal Community Archives. Depop is the fashion marketplace app where the next generation comes to discover unique items. As of January 22, 2023, USPS Regional Boxes were discontinued. As you use Depop, the app understands what you like and curates your My DNA and Explore pages. Thanks for any help, Thank you. Whether you started selling recently or a long time ago, the, Read More Best Poshmark Pricing and Selling Fees GuideContinue, Over $10,000 in prizes available! 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. Each PayPal transaction currently costs 3.49% + $0.49. If youre selling a bundle, both PayPal and Depop payments will charge the $0.49 and $0.30 once. Designer. Lets face it most online shopping isnt always the most deliberate/thought through process, so any uneccessary friction will result in buyers leaving. For those who are already on our newsletter list (wait, you arent? I love these features because they often show me things that would make a killer outfit with my previous purchases! They dont take money for the shipping label, transaction processing fee, sales tax, or customer support. But for a partial refund, you will have to get in touch with Support so they can process a shipping label refund for you. Weve even seen eBay make a move to do something similar with eBay managed payments for very similar reasons. If you have added and confirmed a card then you should be verified. Thank you so much for watching! But online platforms like Poshmark and Depop arent selling items themselves. On Poshmark, Ive gotten a lot more negotiations. You can even find bags, purses, make-up, and other accessories on Poshmark. You don't have to worry about getting paid after shipping the item or ensuring it's delivered. According to the Social Commerce Report, over 60 million Poshmark users buy and sell through their platform. Buyers canbrowse the app, search for specific items and find your shop. Both sites charge more for shipping internationally, but domestic purchases usually have a flat shipping rate. 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. 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. Youll benefit from taking better pictures, having a title that shares a lot of information, and a competitive listing price. How you do this varies by where youre located. You want to choose the platform with the best built-in audience so you can rack up sales. This might seem like a hefty fee if youre selling something for $5, but knowing this set fee can help you in the long run. Marked a size M but see measurements below When you sell an item, Depop will automatically charge the 10% fee on the total transaction amount (including shipping costs). Depop is about celebrating creativity by wearing it. But don't worry, How To Pack & Ship An Xbox (With Pictures). 98. r/Depop. As a seller, you will now be able to get the money straight from Depop to your bank account (after a few business days). Then I sent them this. All UK sellers will need to sign up by 8th December 2021 to continue listing. You dont have to worry about getting paid after shipping the item or ensuring its delivered. We offer a 14-day free trial to let you experience the difference of what our app can make. Depop is a global marketplace, and we want to be the worlds most progressive and diverse home for fashion. Posh Parties revolve around themes, like certain styles or accessories, and you can see new sellers and items that way. A major plus for Depop payments is that you get the money as soon as your item sells. If youre debating Poshmark vs Depop, then check out this overview. As a buyer, you can now pay through Apple Pay, Google Pay, and your credit or debit cards. Your payout will then be sent to your linked bank account 10 working days after the sale date. Poshmark sells contemporary, name-brand clothes at good deals. All you have to do is sign up here, and we will text you the link to the app. Reddit and its partners use cookies and similar technologies to provide you with a better experience. Theyre only providing an outlet for individuals to use. Note: Before you can refund your buyer who paid through Depop Payments, you'll have to add a top-up card (debit or credit card) to your account.