Goat fees vs stockx fees. 1M subscribers in the Sneakers community.
8. 5% + 3%= 12. In this article, we’ll delve into the pros and cons of each platform, helping you make an informed decision on what’s better: GOAT or StockX. eBay unfortunately now has fees (they did not for the first 6 months of the service). I'm buying from Australia and for goat i just need to add $25 AUD for shipping on the listed price - thats it. 35% final value fee for basic and above store subscribers; Insertion fees may apply if the seller has used up their monthly zero insertion fee allotment 19 votes, 33 comments. For items with a sale price of $350 and below, the commission fee is 30% and for all other items, the commission fee is 25%. Then I pay an import fee on it as its from outside an EU country. 9% fee if you decide to cash out and get the money deposited into your bank or PayPal account. Just sold some yeezys through eBay. 5%. Home; AI; StockX has a fixed transaction fee of 9. 30 per lot in a transaction, any savings is eroded quickly unless you sell more expensive lots (where the 8% base fee can start to save you from the $. That equals 12. This means sellers pay lower fees compared to other sites. If I order from GOAT or Stockx I have to pay taxes on the cost of the item, plus shipping, plus insurance. Nov 28, 2023 · GOAT’s selling fees are lower than those of StockX. 5% transaction fee. But let’s dive deeper into the details to help you make an informed decision on which platform suits your sneaker needs. Then you subtract them and you'll end up paying taxes on the profit. 5% whenever you hit a certain number of sales. Click here to learn more about GOAT’s exact seller fees by country. eBay has $0. Limited time offer. Buying relativity cheap shoes from StockX (ultraboosts 140$ + fees = 166$). Then you total up all the money, fees, taxes, etc that you had to pay (ex: what you paid for the sneaker). ($500 x 3%) GOAT on the other hand, would take say 9. 50 that would actually be transferred, so they take $12. For all StockX sales there is a 3% payment processing fee, Yeah goats fees are kinda bullshit. Jul 27, 2023 · What are StockX's fees for Sellers? 7/27/2023. Whichever you want. – US domestic shipping costs $14. The next 0. For a limited time, StockX is removing the 3% Payment Processing Fee for Sellers. A commission fee is only charged when an item sold with GOAT Clean is purchased. 20 and the shipping is $14 May 19, 2020 · StockX always has been and always will be a global marketplace. Well, the answer isn't as straightforward as you might Jun 18, 2024 · Goat Fees Vs Stockx Fees Buyer, StockX Business Model How Does StockX Make Money?, GOAT vs StockX: Which Is Better For You? [2023] ViralTalky. StockX has been increasing their fee's lately A product priced at $300, is actually closer to $320-$330 (excluding taxes). 5% (for items priced $250 or above) and a 3% payment processing fee. For each transaction that is made Goat collects a flat fee depending on the location which ranges from $5 - $30 plus a 9. 1M subscribers in the Sneakers community. Oct 1, 2023 · Introducing StockX and GOAT. eBay deducts fees and selling costs related to your sales from your funds prior to payout. 5%, which decreases based on the seller’s level of activity on the platform. 25% for non-Store sellers and 12. Skip to content . But at $. In a redacted filing last week, Nike said it contacted a StockX buyer who got dozens of fake pairs from the platform. Greasy Guide Limited time offer. Stockx customer service isn’t very good, Goat almost always handles everything in a timely manner. Last updated on September 4, 2023. Shipping is paid by the buyer. We can apply these comparison points to compare StockX with GOAT and Flight Club. Any item sold at a minimum of $150 USD will automatically receive 40% off their fees. 5% commission fee, in addition to a flat $5 seller fee in the US. StockX vs GOAT vs eBay For sneakers under $150 (including taxes, shipping, handling fees and applicable fees), the fees are: 13. StockX charges a transaction fee of 9. Yeah! That makes a lot more sense, they are trying to scam sellers and buyers alike with fees that not only revert directly to them (because commerce between the EU wouldn’t otherwise require those) but also artificially increase the price of items and therefore charging more for authentication fees. Goat charges $5 shipping fee and it seems like goat has a higher payout because it doesn’t include the 3% processing fee until after you get the money Reply reply TheRealToxicTom Yeah, Goat is slightly cheaper at the same price point since no processing fees. Cancellations on orders will lead to a higher commission fee. This offer is limited to a minimum sale price of $175 USD and can only be used on valid sales made between 9/23/2021 at 12:00 PM EDT and 9/23/2021 at 11:59 PM EDT. I've been hearing that StockX has been swamped recently and UPS as well (their chosen shipper) Reply Mar 21, 2023 · Nike v. Both GOAT and Stockx already calculate these and you pay them the fees so item is delivered by their courier ups or fed ex or whoever. StockX vs GOAT. Now, let’s dive into the nitty-gritty of what sets each platform apart: A. Jul 9, 2022 · You can consider the GOAT or StockX platform, which. 5% transaction fee, while GOAT imposes a commission fee ranging from 9. SHIPPING Shipping Costs. Posted by u/franchizzze - No votes and 17 comments Jun 16, 2024 · III. , make more sales. Both GOAT and StockX have similar seller fees. Today, I just learned that if I don’t ship today StockX will charge me 15%, which equals around $50 USD. StockX can no longer… StockX 10 votes, 27 comments. 2 /help/en-US/home Jan 7, 2023 · Fairly low transaction fee. GOAT has been a leading sneaker marketplace since 2015. Offer is not-transferable and may not be combined with any other offers. StockX only allows brand new merchandise, meaning anyone with once-worn or slightly used sneakers is out of luck. Stockx fees are brutal and the customer service is terrible. 0% off seller fees via Bonus Discounts; Retail or Verification Center Drop-off** Bulk Shipping** Early Payout (Subject to Restrictions) Power Exclusive Customer Support** Learn more about our With eBay and goat I heard their authentication is rlly good but apparently in Canada they charge and extra 30% on top of duties. Remember: your sale must be confirmed or Ask accepted between 9:00 PM EST on Thursday, October 14, 2021, and 9:00 PM EST on Saturday, October 16, 2021, to qualify. For sellers, StockX charges a non-shipment fee ranging from $5 to $20 per item, depending on the category and price of Jan 2, 2024 · eBay GOAT StockX Stadium Good - 8% final value fee for sneakers over $150 - 13. If you mean fees, EBay is doing no final value fee on sneakers over $100. 5% commision. GOAT. Congratulations! Now you need to send it to StockX's warehouses within 48 hours. In short, the more you sell, the lower your transaction fee. e. There's one for the transaction, one for the payment processing, and one for the shipping. 5% to 30%. GOAT only focuses on sneakers, and it is doing quite well. StockX: Process: StockX operates like a stock market, with buyers placing bids and sellers setting asking prices. At StockX, we aim to provide the best customer experience so you can shop confidently. StockX reserves the right to modify or cancel the offer at any time. eBay they were 300 plus GOAT, known for its authentication process, ensures that you’re purchasing genuine sneakers. Oct 13, 2023 · StockX vs. 5 percent to 8 percent plus credit card fees depending on the users “seller level”—i. Goat will make sure the shoes are in the condition they were listed in. StockX: Taxes are going to be the same. The StockX just implemented a 3% processing fee. Asks, Sell Now, shipping, verification and payment info Plus a 2. 5% decrease is after 30 sales, and the final one is after 100 sales. I'm looking at two shoes right now and both of them are around $100 less on the GOAT website compared to StockX. As a reminder, your sales activity between 1 April 2023 and 30 June 2023 (Quarter 2) determines your Seller level and fees for the next quarter. This means that if you sell a $1,000 pair of sneakers, you'd end up paying $129 total right? StockX charges 9. Void where prohibited. (0. I read that many people get hit with duties when purchasing with GOAT which would be pretty bad as the shoes i'm looking at are around 200-300. Here’s why: we’re offering all of our sellers in APAC regions 50% off fees for every item sold at $175 USD or more. Combine that with tax for an already taxed item and shipping fees and prices have passed GOAT and eBay. with Stockx its like bullshit fees plus shipping that comes to around $60-80 on top of the listed price For all StockX sales there is a 3% payment processing fee, as well as a transaction fee that is determined by your Seller Level in accordance with the StockX Seller Program. Reply wubbalubbadubdub45 You don't avoid fees with Stockx, you just pay for them upfront. eBay is way better. 5% + the Check out the 2022 Update Video!! https://youtu. The fee decreases as you increase your reputation on the site, i. Think of it as a stock market, but for things you can wear. This isn’t a hate post this is a legit question. StockX is generally required to file a Form 1099-K report with the IRS if the gross amount of your transactions on our marketplace is $600 or more in a calendar year. Two giants, StockX and GOAT, dominate the scene, but which reigns supreme? Let’s break it down. With just three deals, the fee drops by 0. A subreddit for sneaker lovers. 5% based StockX asks for the same and if the seller doesn't within 2 business days, they get hit with a fee. 75 to the 48 contiguous states and $27. Done! You have made your first sale on StockX. 35% for Basic and above Store subscribers. You can only sell products that are new or unworn. I trust eBay’s authentication more (at least in the first 6 months of the program ) vs StockX because they didn’t take fees, so they had no upside like StockX does to Authenticate. Now is the best time to sell and shop on StockX. Aug 4, 2024 · Details about StockX Seller Fees. I've also noticed StockX tends to be more lenient towards flaws. StockX has a bit higher processing fee, GOAT is just shipping fee and tax, and eBay is pretty damn solid too. Both platforms have seller fees, and several factors, like the quality of the sneakers and the location of the seller and the buyer, determine the final price. 00 fees, actual customer service, and most shoes now come with the authenticity guarantee - they get authenticated before shipping to you - exactly the same as with StockX/GOAT. StockX takes a cut of the final sale price. – Better navigation and filters compared to StockX. Feb 13, 2020 · StockX vs GOAT Fees. GOAT is StockX‘s chief competitor operating a similar sneaker/apparel resale model and authenticating all products. But a quick look at both websites reveals that shoes on GOAT are costlier than those on StockX. It’s as good on the selling end too - no fees is obviously the biggest deal but the authenticity check by eBay (sneakercon) prevents buyer fraud, which Mar 29, 2024 · 1 What Can The Audience Get From GOAT Vs Stockx? 1. I've ordered 100K+ of valid merchandise on StockX, GOAT takes a bit longer to authenticate and ship from my experience, and eBay is probably the most trustworthy authentication wise, but I probably say that because you see the item photos and the seller's reputation beforehand, and Use our free StockX fee calculator! StockX has a reccuring Payment Processing Fee of 3% that will occur on every transaction. Flight Club: A Comparative Evaluation 2024; StockX Seller Program & Fees. Let’s compare how GOAT and StockX handle seller fees: GOAT’s Seller Fees. StockX and GOAT are both very good, but what their differences? How do their fees compare for selle Dec 19, 2019 · For anyone who has sold clothes through a reseller, selling fees are a natural part of the process, with platforms taking a percentage of a sale, a flat fee or a tiered fee based on a seller’s frequency of selling. Wait to Buy New Release Shoes Make room for all the new heat you’re about to get this year on StockX. But it's really just a preference. Jun 16, 2024 · StockX and GOAT are both excellent online sneaker markets. 23 votes, 14 comments. Personally I had to pay AU$450 on top of what I paid for shipping and the sneakers For sellers, understanding the fees and commissions charged by GOAT and StockX is crucial. GOAT will charge you 9%, whereas STOCKX will charge 12%, which is pretty high to compare. Sellers list an asking price, and buyers can either agree to this price or submit a lower bid. I only use goat, if i need to sell things with defects/missing box. GOAT was founded in 2015 with the goal of becoming the go-to platform for sneaker reselling. StockX is best for me, because i get my payout in usually 2 days. Goat combines processing fees in their item price and hence they look as if they do not have a lot of fees. When to sell on GOAT VS STOCKX. Transaction Fee: 9. I have looked at the cool grey 11s on both apps and StockX is like 30 bucks more expensive than Goat after the shipping and other fees. This means there are no transaction, processing, or shipping fees, so you can earn more money back than with traditional selling. Imagine if Wall Street and a sneaker store had a baby. 0%. StockX operates on a bid/ask model, akin to the stock market. Feb 4, 2023 · StockX vs GOAT vs Flight Club. StockX Overview. Several factors contribute to this result. Jan 12, 2023 · For new sellers, StockX will take a higher percentage of each transaction. These fees can affect the profitability of selling sneakers on each platform. Aug 4, 2023 · In this respect, StockX and GOAT have distinct approaches. StockX just separates it and so they appear expensive but the price is almost same or cheaper on StockX. StockX and GOAT have emerged as online sneaker reselling sites where you can buy sneakers easily and hassle-free. 5%, with variable rates down to 8%) and a flat 3% which covers the paypal withdrawal fee as it falls under "payment processing" Still pretty competitive in the seller market space compared to GOAT and Ebay. Rewards & Advanced Features: Retail Drop-off** Retail Drop-off** Bulk Shipping** Eligible for up to 2. Even stockx. With No Fee Resale, you can easily resell your recently purchased item, and StockX will waive the fees within 90 days of delivery. So goat or eBay is the main spots to go to. This offer is valid for 50% off seller fees with no minimum and can only be used on valid standard sales (Xpress Ship/Flex inventory items are excluded from this offer) made between 10/30/2023 at 12:00 PM EDT and 10/31/2023 at 12:00 PM EDT. I had a pair of L&F go from 340 to almost 500 on goat just because I live in California. Meanwhile StockX doesn’t charge 30% but apparently you may end up with a fake pair of sneakers. Whether you choose GOAT or StockX, you can rest assured that the products you purchase are authentic and of the highest quality. While there may be some differences between GOAT and StockX, both platforms are equally effective in providing a safe and secure marketplace for sneaker enthusiasts. For sellers, StockX charges a 9. Beginning July 1st, the standard processing fee will be reduced from 10% to 9%. GOAT requires a 2. Selling on StockX. Buying Process & Fees: 1. Selling on GOAT is ideal because you don’t have to sell a new product. I've seen online about being charged ridiculous… Jul 31, 2024 · SHIPPING, PURCHASES, AND RETURNS. GOAT also has seller fees. 5% and will decrease the more successful sales you make, dropping by 0. Now I want to directly compare key strengths and weaknesses of StockX versus leading alternative marketplaces. Lower Fees; StockX charges sellers 9. Offer expires at 12:00 PM EDT on 4/15/23. For the current effective policy, see here. After you sell three items or the selling total of the items is $500 under gross merchandise value in the calendar quarter, you'll start getting charged a lower seller fee. GOAT charges sellers a commission fee, which is a percentage of the final sale price. Offer expires at 11:59 PM EDT on 9/23/21. 5% commission fee, the stock X brand charges a seller only a 10% transaction fee along with a 3% payment processing fee. The platform automatically matches the highest bid with the lowest ask Right after someone bought them, somebody else bought them on StockX. Both are cheaper than StockX's fees of 10% and $9, but still pricey. – Sellers can list used and new products. On StockX, you have to bid on the product you want to purchase. The coustumer service is fairly quick. But eBay, in a play to siphon sellers from other players in the sneaker resale space, has dropped selling fees for sneakers entirely. I wish you could make offers on new without box pairs on goat, like on ebay, but thats really the only downside. Item sold. Offer is valid for 50% off Seller Fees. Remember: your sale must be confirmed or Ask accepted before 12PM EST on October 31st to qualify. GOAT is NOT being greedy like StockX because they take 2. 98. be/nYAwqSeM65sCheck out StockX Goat and eBay: StockX: https://b Jul 12, 2022 · StockX takes less time than StockX, but GOAT can do the same. 25% final value fee for sneakers under $150: 5 seller fee: $4 seller fee How does GOAT fees works? The seller fee for using the platform varies by location, with the fee ranging from $5 to $30. GOAT is what I’ve rolled with recently due to having three days to dispute the sneaker. The GOAT will help you to lower your selling fees more than the STOCKX. It would be just slightly cheaper vs E-Bay. Co-founded by Josh Luber and Dan Gilbert in 2016, it changed the Ebay and goat are cheaper if youre in a penny pinch because its absurd the amount stockx charges for “processing fees” Reply reply 1anonly_fr ABOUT GOAT FEES. Sep 23, 2019 · StockX fees operate on a sliding scale but range from 9. It’s the place i'd say the fees are just higher on stockx, at least thats my experience personally. The transaction fee is calculated off the final price of the sale. On StockX, you can buy and sell accessories, streetwear, watches, and collectibles. The commission fee will be deducted from the seller’s listing price. 5% commission fee and a 2. I thought if I didn’t ship, the buyer would just cancel or StockX would just cancel the sale. Hence, in the battle of goat fees vs StockX fees — StockX won. Than goat all right so finally we're Going to buy a pair from stockx now Stockx I found a pair for $124 which is $88 cheaper than eBay but again we're Going to pay the processing fee and the Shipping fee but it looks like the Processing fee for this pair is cheaper Because it's a cheaper pair processing Fee is only $6. Goat: Is StockX Really Better Than Goat? StockX: Wall Street Meets Sneaker Street. May 10, 2024 · COMMISSION FEES. eBay Yea, you'll get a 1099 from StockX with the total money that was sent to you. I tried to look for a cancel sale button on StockX, unaware there was none. Enjoy a new, exclusive savings promo from StockX to you. In terms of overall fees, StockX tends to offer more cost-effective options. StockX is known for its emphasis on authenticity and transparency. The IRS and some state taxing authorities may require StockX to report the amounts you receive for selling on StockX. Also stockx has more fees than goat on both the buyer and sellers end, this makes it where goat customers can buy/sell shoes at a higher asking price while staying competitive with stockx customers. Cons of selling on GOAT StockX: -Awful awful support -Sellers more willing to "negotiate" aka come to a meeting point -Very fast authentication and shipping out -Prices usually not as bad as GOAT Feb 4, 2021 · StockX and GOAT both charge various fees for sellers on their platforms. 5% + seller fee for a seller in good standing. Both GOAT and StockX have their own unique features and advantages that cater to different preferences. 5% which reduces at a rate of 0. GOAT on the other hand can have better prices and has excellent customer servie Reply reply Jul 15, 2024 · How much does StockX charge if you don't ship? If you don't ship your item, StockX will charge a fee for the inconvenience and administrative costs. You also get paid better on StockX. – Offers over 250k+ items. So like this Seller > goat > buyer Value of shoes $10 Seller price $5 Goat receives and verifies it’s authentic and pays $5 to seller Goat then notifies buyer it’s replicas Buyer gets money back or goat credit Goat pays less for authentic shoes Goat then Resells them at $10 Goat pockets excess amount and seller fees. Mar 20, 2024 · eBay offers a competitive edge with lower fees compared to GOAT and StockX, enhancing seller profitability, especially for sneakers priced $150+. Well, the short answer is that it depends on what you’re looking for. Whether you’re an avid collector or just dipping your toes into the reselling game, choosing the right platform to buy and sell your coveted kicks can make all the difference. 30 transaction fees). Then, the sellers will verify the product and ship it to you after processing your payment. The amount of the commission fee is 9. 5% + seller fee. StockX Lawsuit: How One Buyer Got 38 Fake Pairs of Sneakers. Goat also allows used shoe sales, StockX doesn’t. That’s StockX for you. This results in a safer, healthier, and more reliable marketplace for everyone. I got them from goat because they beat StockX by about 3 dollars and that’s who took my bid . I live in europe and have to pay a 40% customs fee for anything I buy off GOAT and many more websites. – Doesn’t offer bidding on products. 2 Here Are A Few Important Facts About GOAT And Stockx; 1. 1 Which is better to sell GOAT or StockX? 2. A Head-to-Head Comparison: StockX vs. true. GOAT CLEAN. 5% or 8. Would have cost me less with a complete box off stockx. Goat is a mobile sneaker marketplace where buyers can buy new or used pairs of sneakers from many sellers across the world. 3 Pricing And Return Policy Of GOAT And Stockx; 1. I like that goat charges the listing fee and shipping straight out of the sell price, with ebay you get a monthly statement so it can be a little bit of a hassle. As you earn more sales and become a higher-level StockX seller, the fees will decrease. be/kQaPKW3jAKMCheck out Part 2: https://youtu. 9% cash-out fee along with a 9. StockX has no customer service whatsoever and will very rarely fix any problems you have. UK Doesn’t Have to pay Customs, i’ve ordered many pairs and not paid anything. The better the performance, the lower the Seller Fee. Goat has less fees allowing customers to buy/sell at higher prices. However, it’s a bit higher than some other platforms offer for those just starting out. 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. May 19, 2021 · Commission and fees: GOAT’s commission fees range from 9. 5 percent to 25 percent, plus a seller fee between $5 to $30, depending on your location and address. I've purchased a few pairs from StockX and never had an issue like the many described here, but I just copped my first pair of shoes from GOAT and they were authenticated and arrived in 2 days (vs StockX usually taking a few weeks), and I think the fee was slightly less. StockX Pros. Feb 27, 2024 · We’re excited to announce great news for Sellers on StockX. All sellers begin with a seller rating of 90 and the minimum commission fee of 9. How are the StockX buyer processing fees, import duties, and sales tax calculated? Buyer processing fees, import duties, and sales tax are calculated based on your shipping address. Finally, let’s discuss the fees. You will still be charged a couple small fees (like an insertion fee of less than $1 and credit card processing fees of about 3%). 4% total fee +$5. Home; 2024-06-18; Jan 24, 2024 · StockX vs Competitors. 50 to Hawaii and Alaska. As a reminder, your sales activity between April 1, 2023 and June 30, 2023 (Quarter 2) determines your Seller level and fees for the next quarter. It’s not just about the sneaker; it’s about the experience. Tldr: stockx has more competition amongst sellers driving down prices. We’re giving you money off any StockX purchase, lowering all processing fees down to zero, so the more you spend, the more you save. Thanks! Also, I checked out Grailed and don't like that there's no third-party verification. Jun 3, 2022 · StockX vs eBay: Fees for sellers StockX. On the other hand, StockX’s live bidding system allows you to potentially snag a better deal. So while at first the fees from StockX might be painful, if you are able to continue to make more sales, the fees will become less and less. 4. In this article, we will delve into the comparison of StockX vs GOAT and help you make an informed decision. Sep 5, 2023 · With over 800,000 buyers and sellers across 170 countries, StockX offers a wider selection of sneaker models, sizes and prices. You can make a killing on the resale of worn sneakers. Pros and cons of selling on STOCKX Pros . You can cancel your order on StockX if you change your mind about the purchase. Only when an item is purchased, is a commission fee charged. Buyers pay a flat transaction fee rather than a percentage. The commission fee will be deducted from the listing price. Delivery and payout efficiency StockX provides rapid shipping and insights into resale value , making it ideal for investors and buyers on tight timelines . 2. The cost of US domestic shipping (for items other than “Instant” items ordered with Next Day shipping) is $14. Whereas when listing with StockX the “earnings” amount includes all fees. You can sell a hyped product on GOAT, when new goods are available there is a high volume of competition on STOCKX for even a lesser fee because they have lower transaction fees. eBay announced in October that it would authenticate sneakers sold for $100 or more on its platform. Please note that these fees may be included in your total purchase price. BONUS: 3 Smart Hacks to Save Money on GOAT: 1. Slightly cheaper seller fees ; Faster buying experience StockX or GOAT, which one is better? The age-old question that lingers in the minds of sneakerheads and streetwear enthusiasts alike. See the pros and cons of Goat vs StockX based on free returns & exchanges, international shipping, curbside pickup, PayPal, and more. – Has a 3-day return policy. 9% off the $447. 5% plus $5 shipping, so $47. eBay. If the box is damaged it must say damaged in the listing, etc etc. Correction for OP The max rate from StockX is 12. This Compare Stockx. Lower than StockX. Incentives are important and StockX is printing money with fees. StockX, on the other hand, has a $9. Little did I know unlike stockx they don't cover import fees, and i got slapped with an 80 dollar charge to get them into the country. Then, you will have to take in account a Transaction Fee that will fluctuate depending on your Seller Level or if the item is listed in a special category (keep in mind that the Seller level does not to apply to special item category). Reply reply For all StockX sales there is a 3% payment processing fee, as well as a transaction fee that is determined by your Seller Level in accordance with the StockX Seller Program. StockX is based in Detroit, only DS shoes, has a great platform for checking volatility and latest prices, super informative as well but higher fees and shipping but they have promos. This has been said for about a year and a half now, so if you didn't do your research on Goat vs Stockx, I know it's shitty - but you should've researched before dropping $300 on a sneaker. 9% transfer fee to deposit funds into your account. Please note, these fees may be included in your total purchase price. For all StockX sales, there is a 3% processing fee as well as a transaction fee that is determined by your Seller Level as outlined in the StockX Seller Programme What is the StockX Seller Programme? What are Seller Levels? In short, the more you sell, the lower your transaction fee. Competitors. The StockX Seller Program establishes Seller Levels and provides clear performance standards for Sellers. I use StockX, GOAT, and Ebay and currently prefer Ebay followed by GOAT then StockX. Offer expires at 11:59 PM EDT on 11/28/22. 5% fee decrease per level you achieve & maintain quarterly) and an additional 2% off for meeting your shipping bonuses for a total processing fee of only 5% Jun 3, 2024 · WHAT IS MY SELLER FEE? The fees we charge for selling with GOAT are described in our Fee Policy. The Goat Canadian seller shipping fee is a bit higher, and when you list the “earnings” amount you see does not include the 3% processing fee. The big problem with goat and Australia is having to pay an import fee. 5% + the seller fee is charged, though this can increase to 15% or 25% + the seller fee depending on the seller's cancellation and verification history. Today, we are excited to launch a new marketplace update designed specifically for our European users. GOAT is based in LA, has a nicer UI IMO, and lower fees/shipping. 50 fees/shipping is $447. So StockX has the upper hand in terms of affordability. The are almost the same on fees , ebay doesn’t change a process fee like the other but ebay prices are higher to cover no fee . Move quickly, you only have from January 19th at 10AM EST to January 20th at 10AM EST to sell. We would like to show you a description here but the site won’t allow us. Apr 30, 2024 · All “Instant” items have up to an 8% processing fee which is something to keep in mind as a buyer. Both StockX and GOAT are popular online marketplaces for buying and selling sneakers, but they have their own unique features and benefits. Depending on how much you pay for your pair, you will have to pay a certain amount to get it into aus. Both the transaction and shipping fee will vary based on several factors, but the payment processing fee is a simple flat rate of 3% of the item's selling Nov 14, 2019 · Here at StockX, we’re always working towards delivering a better experience for our customers around the world. Jun 1, 2023 · Our base fee will be lowered to 9%, and sellers at higher levels will have the opportunity to earn even lower fees on StockX alongside additional perks and benefits. You will find an outstanding opportunity to resell the products in GOAT, which is probably not possible in STOCKX. Apr 10, 2023 · Sellers start by paying Goat a 9. StockX has a fixed transaction fee for all sneakers, which is 9. Additionally, when an item is sold, a commission fee of 9. Shipping. Poshmark takes a flat 20% of Limited time offer. StockX fights you on this and they’ve sent me some questionable sneakers, in terms of being worn a bit. 95 maximum transfer fee Goat is faster to me and sometimes the fees get too crazy on goat. StockX is lowering seller fees globally. I’m just wondering is it worth risking to buy off StockX of and what happens if you do get a fake form StockX? For sneakers under CAD $150, final value fees are 13. 50. 50 + $5 are the fees/shipping, $500 minus $52. Seller fees on stockx are relatively simple with three main types. Even while it’s lower than StockX’s twelve percent, at roughly nine percent, it’s still rather high. Apr 22, 2022 · Unlike GOAT, StockX’s transaction fee starts at 9. 1 Product Quality And Authenticity Of GOAT vs Stockx; 1. 5%, going as low as 11% (StockX is 9. Sep 8, 2022 · GOAT vs. StockX. Mar 20, 2023 · StockX Sells To find out the various fees and taxes and how much you will receive, we recommend using our free StockX fees calculator designed for this purpose 😎. . You would pay less in fees, in my experience, if it was just $. You can now reduce your fees down to 7% upon reaching Seller Level 5. StockX is ~9% depending on your seller level, plus 3% for credit card processing. While other platforms like eBay and Grailed also offer sneaker reselling options, StockX presents several distinct advantages for sellers: Lower Fees: StockX’s tiered fee structure generally results in lower seller fees compared to eBay and Grailed. You can bid for items While the transaction fees for buyers on StockX range from 3. This new 0% rate is in effect now and will be automatically applied to any Asks you place in the future, as well as any existing Asks you currently have listed. com to select the best Sneaker Reseller Stores for your needs. StockX is pretty much the only options as there are no resell stores in my country, only independent online resellers which are shady and haggle over 5 bucks. While GOAT charges a 9. 9% payment processing fee, StockX charges a seller fee of 9. I’ll put it to you like this I shopped for the new spiderman 1s my price was 265 max . For the final day of StockX Week, we’re offering the ultimate shop and sell fan-favorite: 50% off seller fees with a minimum of $150 on the entire StockX platform. I just bought the AMM 4 on Stock X because it was cheaper than on goat. Founded in 2015 by the dynamic duo of Josh Luber and Dan Gilbert (you might know him as the co-founder of Quicken Loans), StockX calls Detroit its home. Image source: StockX What is StockX and GOAT? Enter StockX. 5% in fees. The transaction fee is based on the final price of the sale. I recommend using a service like TurboTax. 30 per shipment. 7. GOAT is a Seller’s Market. GOAT has way better customer service and I really only trust them and eBay. As a buyer, you agree to pay any and all local, state, federal, or international taxes (including sales taxes) that may be due with respect to your purchase Jun 16, 2024 · VII. Hard-to-find kicks are easier to track down. i sell on ebay and goat(not stockx but similar) and like both. When are Final Value Fees charged? Final Value Fees are charged on the completion of a sale. You can also buy/sell used shoes. 5% to 27. 55 votes, 29 comments. VERDICT. the more you sell, the less you pay. The process of buying on StockX is different than on GOAT. StockX in this example takes $15. GOAT vs. One of the main ideas of the platforms is to reduce the risk of buyers purchasing counterfeit or even damaged or defective products that can be found in physical stores. When comparing seller platforms, the main points you want to compare are the general listing prices of shoes, the selling fees, average sales volume, and the availability of bulk shipping. Is GOAT or StockX better? That's the burning question for sneaker enthusiasts and collectors worldwide. 5% to 9. Stadium Goods vs. Effective Date: September 3, 2024. Move quickly, this promo only runs for the next 24 hours from June 15, 2022 at 12 PM BST to June 16, 2022 at 11:59 AM BST. 25% final value fee for non-store and starter subscribers; 12. Well, the answer is not as straightforward as you might think. StockX vs. Jul 6, 2022 · Process of Buying: GOAT vs. Overall, the fees are relatively comparable between the two platforms. StockX is not as strict as goat, they pass stuff that have been tried on, and they don’t really Care about factory flaws. But on the process a seller will ship the product to the authentication centre after it’s been verified you will get a tracking number sent to the mobile number linked to the StockX account and you will be able to track the parcel and where it is coming from. Both platforms have their own unique features and advantages, so it’s crucial to know which one suits your needs better. As a Buyer on StockX, you are responsible for paying processing fees, as well as import duties and sales tax based on your shipping address. 5%, GOAT charges buyers a fee ranging from 9. This new update allows us to match European buyers with European sellers to significantly reduce processing fees. Move quickly, you only have from June 16th at 12PM EST to June 17th at 12PM EST to sell. As a new seller on the stock X website, you will start from seller stage 1 and will be charged a transaction fee of 10%. Our new model means that you will continue to see the lowest Ask price of a product, with any applicable fees included, whether that item comes from Canada or further afield. Absolutely 0 fees if you give them direct banking information. Stockx only cares about the shoes themselves. StockX charges a transaction fee starting at 10%, but it goes down as your seller level increases. Genuinely it's absolute government robbery So where do yall buy new sneakers for resell nowadays, been kind of hesitant on buying any from stockx now and i have used to always buy shoes there 3 years ago but now i am thinking of GOAT mostly or Ebay. Also you can get refunds on both goat and eBay. The exact fee amount depends on the type of item and the seller's location. Jun 1, 2023 · Our base fee will be lowered to 9% and Sellers at higher levels will have the opportunity to earn even lower fees on StockX as well as extra perks and benefits. 4 What Is The Opinion About The Customers On GOAT And Stockx? 2 FAQs: GOAT vs StockX. Jun 3, 2022 · While GOAT Charges a seller with a $5 fee, a 2. com vs Goat. tewg ozksy zce mvf grk soxuwbq wumb nghie byr degkq