yea i prefer PayPal because depop payments still hasn't paid out to my credit card & i made my first sale january 8th . I love these features because they often show me things that would make a killer outfit with my previous purchases! 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. Be sure to read through its description and check the sizing to be sure its what youre looking for. Thank you so much for watching! Press question mark to learn the rest of the keyboard shortcuts. Whatever your style. Depop payment fees include 3.4% + 0.30 for all its UK and EU sellers, whereas the US sellers are charged 2.9% + $0.30 on each payment. Depop Payments: More ways to get paid - Depop Blog For example, I remember being able to use the pending deposit from a sale on Paypal towards paying for the shipping label. Aside from dodging copyright issues, posting the actual photos of your item also help set your buyers' expectation. 4. Always keep your proof of shipping and delivery. Of course, the more satisfied your buyer is, and the better experience they get from your shop means more returning buyers in the future. a 10% Once an item sells, Depop will automatically charge a 10% fee on the sale price (including the shipping costs). If the buyer chooses to pay with Depop payments instead, the fees will be 2.9% + $0.30. Its growth shows now signs of slowing and has been accelerated even more since its aquisition by the marketplace etsy. Do I need to use PayPal? - Depop help GB Price is high and FIRM as I dont mind keeping might take down later Reddit and its partners use cookies and similar technologies to provide you with a better experience. Your payout will then be sent to your linked bank account 10 working days after the sale date. Depop Payments will empower sellers to increase their chances of selling by giving buyers more ways to pay. You have to wait with Poshmark, but you wont pay fees to access your own money. But there are still some benefits to choosing one platform over the other. Ship your item using tracked postage that can show confirmation of delivery to the buyers' address. When it comes to the types of fashion listed, theres no clear winner in Depop vs Poshmark. 233. 3. You can source stock to sell on Depop from a lot of different places. If youre specifically looking for vintage, you might have better luck on Depop. All you have to do is create a draft once, and you can effortlessly cross-list to any platform that our team has integrated. If youre debating Poshmark vs Depop, then check out this overview. It simply means that in a $100 item sold, $10 goes to Depop. Length 10 4. Depop vs. Poshmark: Which Clothing Resale App Is Right for You? Shipping is a crucial part of finalizing your sale. Depop vs. Poshmark: Is There a Winner? | ClothedUp Buying on Depop is not complicated. Its a win-win. You can buy clothes for men, women, and kids on Poshmark. Its easy to list items on both Poshmark and Depop. You can use Apple Pay, Google Pay, Paypal, credit and debit cards. Depop payments takes about 2 working days to process your payment before it is sent to your bank account. More payment options mean even more potential customers for your shop. Lets start by introducing what Depop is. Lets compare the two fees based on the sales price. Always ensure that your item is authentic before claiming that it is. When will I know if I am going to receive the payment? 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. A 10% Depop fee is charged on the total transaction amount (including shipping costs). Our global community buys, sells and connects to make fashion more inclusive, diverse and less wasteful. Choose the transaction you'd like to refund, then tap Refund, For a full refund, select the Full refund tab. For American sellers, they take an additional 2.9% fee plus $0.30. It is intelligent software that can help you list items across platforms easily. From discovering unique items to new looks youll love consider the apps Explore tab as your launching point to doing it all. Improved payment experience 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. Preloved. - Ship With Depop Dropoff': Ship through Depop with Hermes, dropping off your parcel at one of their dropoff points (Mainland UK only - England, Wales, Isle of Wight, Isle of Man, Scotland excluding the Scottish Highlands). Poshmark vs Depop: Which is the best for Sellers? - Reseller Assistant You can follow sellers on Poshmark to ensure they show up in your feed, but Ive found that its easier to select a category and browse that way. For more information on making the seller process smooth for your buyers, visitour top customer service tips article. Designer. You can provide any pictures of your item's condition to establish what the problem is about, and you can go from there. Thats all there is to it. Join. 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!! You dont need to select buyer or seller when you set up - every user is able to do both from the moment theyve registered. Strictly keep all your transactions in-app while using Depop Payments. You dont get paid until the item ships to the customer and they accept delivery. What you should care about as a depop seller is if depop payments will increase your sales! You can learn more about how Depop fees work in our help centre article. We did touch on this a bit previously but depop payments can increase your sales because you will be giving your potential buyers more options to pay. Poshmark sells contemporary, name-brand clothes at good deals. Your Depop and Paypal Payment Issues Solved - Fulfilled Merchant if(typeof ez_ad_units != 'undefined'){ez_ad_units.push([[250,250],'fulfilledmerchant_com-banner-1','ezslot_15',125,'0','0'])};__ez_fad_position('div-gpt-ad-fulfilledmerchant_com-banner-1-0'); You will need a shipping scale and a measuring tape but theyre inexpensive and you will save money in the long run. 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. I am dealing with the same thing $116 stuck in my Depop Balance with no estimated payout date. Depop Limited is simply the formal legal name of the Depop company. 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. Tap Continue to review the details, then click on Confirm refund. 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. By browsing this website, you consent to the use of cookies. There is also a standard PayPal transaction fee of 2.9% + 0.30 in the UK and 2.9% + $0.30 in the US. If the item is brand new, check the retail price or similar brand new listings as yours and take it from there. Poshmark has an option for people to make offers for your items, similar to bidding on eBay. Sell safely with Depops Seller Protection Policy and ship as soon as the sale has gone through. 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. The fashion industry produces a lot of clothing waste every year. Poshmark is the thrift store where people are selling brand name items that you can get for a deal. 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. This pushes the algorithm to share your listings with more people on the app. As a seller, you will now be able to get the money straight from Depop to your bank account (after a few business days). Let us know in the comments if you have tried Depop or any other platforms as well as Poshmark! Each site takes a different commission and has ways of promoting your items. As a buyer using Depop, you can find items to purchase by browsing the app or searching for specific products or styles. Poshmark Selling Fees Poshmark also levies standard selling fees. Leave the Archive. Work-flow can help the Cash-Flow. You can read our depop fee guide here to learn more about depop fees. Are you sure that email was from paypal and not a spoof? Read on and learn how to save your Depop listing and your earnings. Even without a PayPal account, you are still covered by PayPal Buyer Protection if you use PayPal checkout. No matter what your reason is 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. Before you price an item, you can guarantee that Poshmark takes $2.95 of the profit. Poshmark fees are set. Payment Depot Vs. PayPal: Best Payment Processor For Business 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. If youre going to shop a lot on either app, its worth saving some filters so youll only see items that fit you. 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. What is Depop Limited and why did I get charged for it? However, you have to look more into what youll actually make from Depop. Depop has a way to show you items tailored to your tastes and needs, too. Depop payment via paypal - PayPal Community If you love shopping at thrift stores, youll love browsing Poshmark and Depop online. Commission usually includes a percentage of the shipping charge and transaction fee. Theyre only providing an outlet for individuals to use. The OneShop Money Mastercard Debit Card is issued by Piermont Bank, Member FDIC. Items like health and wellness products, home goods, or collectors items arent listed on Poshmarkits for fashion only. When it comes to buying, Poshmark wins for having such a variety available. Depop is integrated with PayPal, which means that all payments made on the platform are processed through PayPal. 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. Selling your clothes and shoes online is easy, like using an online consignment store. Cookies help us customize the PayPal Community for you, and some are necessary to make our site work. Ready to get started and try it for yourself? Promptly answer Depop's emails in the given timeframe. How you do this varies by where youre located. Select the payment you want to refund and click Issue a refund. thats a major concern. Avoid disputes on your items and get your Depop account in trouble. That also gives you a huge audience of potential customers who want to shop your closet. 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. This is a place to explore unique fashion and be part of a community-driven zeitgeist thats shaping culture for the better. But don't worry, How To Pack & Ship An Xbox (With Pictures). Depop Payments vs Paypal : r/Depop - reddit In other words: the easier it is for people to pay you, the more likely it is that youll get paid. Depop has been working on a new payment method for what seems like years and years. Everything You Need to Know About Depop and Paypal Fees || What Is Waist flat 13 can stretch to 15 Read on.. Well, as you know our virtual assistants are amazing at, Read More eBay Cross-Listing Service LaunchContinue. Depop Dealing with Depop Returns and Refunds - OneShop Many Depop sellers do this to reach more audiences, making their chances of coming across the right buyer for their item higher. It can also handle contactless pay, a feature PayPal lacks. Thats a huge community, so if youre looking for the perfect item, you have a great chance of finding it. Furthermore, the OneShop app gives you access to a helpful and fun community when you sign-up. The email was actually from depop so I think it is real, they also messaged me on the app to say the same thing. Ive sold on both and also browse the two to buy stuff so I can show you the ins and outs of what works. - Select a photo to represent your account - thisll be how other buyers and sellers see you around Depop. The price of an item is another factor that dramatically affects your potential buyer's purchase decision. Shop around by looking for the item, or something similar, on both apps before finalizing a purchase. It doesn't appear in any feeds, and anyone with a direct link to it will see a message like this one. Ensure that the item is well lit and the details are clearly captured. Click the Settings icon at the top of the page. - First, download the Depop app in the App Store or Google Play. Be on top of this by keeping an eye on your email for any letter coming from PayPal. - 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. Theres nothing worse than seeing the perfect clothing on your home page, only to realize its too small for you. After this, Depop will mediate a resolution between yourself and the buyer. If youre looking for those types of things, youre better off shopping on eBay, which is more like a general online thrift store. Click Continue. Most sellers get excited when they see the Depop selling fees are just 10%, regardless of how much the item sells for. Payments that are sent to paypal will typically be instant and you can often use your money as soon as it arrives. When you want to cash out, Depop pays through your PayPal account or Stripe. The 10% fee is not a listing fee nor a subscription fee from Depop. Then I sent them this. Trainers. Listing on Depop is simple and easy. Since that time, Poshmark has even branched out into non-clothing and accessory items to include products for pets as well as home items. Why don't you give this a go for me by following these steps? Marked a size M but see measurements below Answer: Depop fees / Why have I been charged? You can issue a full or partial refund within 180 days of the original payment date. 98. r/Depop. I also like to use filters so I see only what items will fit me. You can save money on the clothes and even with shipping costs. Now you know to price your item for more than $5 so you make more money. Being fast in sending orders is a good thing. Its free to list your items in your shop and youll only be charged once an item is sold. You want to choose the platform with the best built-in audience so you can rack up sales.