Join. 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. - Add the correct category, location, condition and item price. But they might integrate the price of shipping into the item itself. The chains have DIA charms on them We are compensated for referring traffic and business to Amazon and other companies linked to on this site. How you do this varies by where youre located. I have already shipped the item to the buyer but haven't had any money through. The OneShop Money Mastercard Debit Card is issued by Piermont Bank, Member FDIC. Fees on Depop are very straightforward. Its growth shows now signs of slowing and has been accelerated even more since its aquisition by the marketplace etsy. All you have to do is ask your buyer to return the item with tracked shipping. Sneakers. Depop does not have subscription or listing fees but they charge a 10% flat rate on every item sold. Follow these steps when youre ready to checkout: 1. Click Continue. Ive sold on both and also browse the two to buy stuff so I can show you the ins and outs of what works. Trainers. By browsing this website, you consent to the use of cookies. As a seller, you will now be able to get the money straight from Depop to your bank account (after a few business days). In addition to this, you can decide on a reasonable price but let your buyers know that you accept offers. Depop fees: No listing fee, 10% seller fee to Depop, PayPal transaction fee of 2.9% + $0.30. This applies more so if they do not already have a paypal account. For more information on making the seller process smooth for your buyers, visitour top customer service tips article. You made the transaction outside of the platform. They have finally rolled out Depop payments to give buyers more options while allowing sellers to have the money in their bank account rather than having to transfer their funds from PayPal. Do thorough research on your item if you are unsure of its authenticity. Make sure you stay on top of your inventory and take down the sold listing from the other platform. Each has a seller guideline to follow along with Poshmark, Mercari, Tradesy, and many others like Depop. 2019-2023 All rights reserved. The standard depop fee remains the same at 10% and they will charge processing/transaction fees, thats it. Although there isnt much of a difference regardless of how your buyers decide to pay, the fee may be slightly cheaper depending on where you are located, so you would have to check what the paypal fees for your country are and compare. Super fkn cute Japanese gyaru brand D.I.A low rise pleated black miniskirt with the coolest gold chain and zipper details. 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. Sellers list unique clothes, usually vintage but still trendy. It must've been cuz I mentioned the BBB.. 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. Depop doesnt promote items as Poshmark does. But online platforms like Poshmark and Depop arent selling items themselves. Streetwear. But, take note that not all buyers are the same. While one sale may not make too much of a difference, the fees can add up if you sell regularly. Depop payment: Get paid via PayPal or through Stripe using Depop Payments. welcome to. To process a refund for a transaction paid using Depop Payments: If you issued a full refund on a whole transaction using the app's refund button, the shipping label would also be automatically refunded to you. Select your Payment Type. 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. While some have a specific budget to follow, some would also consider buying an item if it is reasonably priced. Avoid disputes on your items and get your Depop account in trouble. Depending on the buyer's dispute, you may give them a partial or a full refund in your app or with the help of Depop Support. But don't worry, How To Pack & Ship An Xbox (With Pictures). You can submit items to Posh Parties, but its also great when people like or comment on your items. 233. 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. You can provide any pictures of your item's condition to establish what the problem is about, and you can go from there. link to Yes, USPS Regional Boxes Are Discontinued, link to How To Pack & Ship An Xbox (With Pictures). You will also be charged for the Paypal fee which is 2.9% + $0.30 in the USA plus the applicable shipping fee. As a seller, will Depop payments really be better than using PayPal? You will also be charged a standard transaction fee by either of PayPal or Depop Payments of around 2.9% + /0.30. Stripe has similar fees, so youre not really making as much from Depop as you initially think. While the framework of both sites is similar, you may wonder which is better in terms of Depop vs Poshmark. However, these offers arent always something you want. Shoot your item on a clear background to keep your buyer's attention on the item. We will exclude shipping costs since that is variable based on the item youre shipping. This tactic can be a great way to maximize sales by interacting with potential customers. From discovering unique items to new looks youll love consider the apps Explore tab as your launching point to doing it all. All youll need to do is to enter your name, address, phone number and date of birth. 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. Leave the Archive. So this new payment system will mean quicker access to your money. For example, I remember being able to use the pending deposit from a sale on Paypal towards paying for the shipping label. Why don't you give this a go for me by following these steps? On this blog, we will share some tips on how you can avoid disputes in your Depop listing, which may result in buyer return requests, and how you can also process a refund for them. There are no surprises when youre getting paid out. You must mention essential details such as: Your item photos are vital when listing as it gives your potential buyer a visual experience. The names List Perfectly, Vendoo, Crosslist, Poshmark, Tradesy, Mercari, Depop, Grailed, Facebook Marketplace, eBay, Kidizen, and Etsy, as well as related names, marks, emblems and images are registered trademarks of their respective owners. Our biggest sale of 2020! Explore is a great place to start looking for unique fashion on Depop. You also don't have to worry about signing up and paying straight away to test our bot. Shopping on Depop is like scrolling through Instagram. 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) Its easy to sign up for Depop Payments. I also like to use filters so I see only what items will fit me. Even then, Poshmark has up to three days after delivery to release the funds. Vintage. If you choose to cash out, the money transfers to your linked bank account with no additional fees incurred. All zippers fully functional. Depop is like that hip thrift store in your city. Slightly stretchy too! 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. If you want to keep them for later on, you can like or save them. and our Work-flow can help the Cash-Flow. You can like items, comment on listing, and follow certain sellers so you see more of them. Some sellers will offer international shipping and some wont - buyers can message them to ask for more info. Each PayPal transaction currently costs 3.49% + $0.49. You dont have to worry about getting paid after shipping the item or ensuring its delivered. Depop payments takes about 2 working days to process your payment before it is sent to your bank account. If you're looking to ship using USPS Regional boxes, you will no longer have the option to send them at Regional Rates. Marked a size M but see measurements below You can issue a full or partial refund within 180 days of the original payment date. Thats all there is to it. Arranging a return is easy. There is also a standard PayPal transaction fee of 2.9% + 0.30 in the UK and 2.9% + $0.30 in the US. 3. You might feel like youre getting a deal on clothes, but dont forget shipping costs. All you have to do is sign up here, and we will text you the link to the app. Payments that are sent to paypal will typically be instant and you can often use your money as soon as it arrives. Then I sent them this. DEPOP & DEPOP PAYMENTS SHIPPING VIDEO: https://youtu.be/jKjUcMXcKk. you know we love to give you great discounts and special events throughout the year, but were totally upping, Read More Reseller Assistants Black Friday Event 2020Continue, Once upon a time, Poshmark was a clothing site for women. If you have added and confirmed a card then you should be verified. That's a big change from instant isn't it ? Poshmark vs Mercari: Which is best for Sellers. If the item is brand new, check the retail price or similar brand new listings as yours and take it from there. When you want to cash out, Depop pays through your PayPal account or Stripe. According to the Social Commerce Report, over 60 million Poshmark users buy and sell through their platform. - 'Ship With Depop Courier collect': Ship through Depop with Hermes collecting your parcel from your address (Mainland UK only - England, Wales, Isle of Wight, Isle of Man, Scotland excluding the Scottish Highlands) For more information check out our help centre. For those who are already on our newsletter list (wait, you arent? Poshmark, based in California, began in 2011. What is that? Check out our Depop payments blog for further details. 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. Signed up already? Depop payments fees are relatively similar to paypal but it is somewhat easier to reason about. I hope you love this video and it helps you lots. Whatever your style. In my experience, Ive gotten more sales through Depop just because people buy what they want and thats it. Shop around by looking for the item, or something similar, on both apps before finalizing a purchase. Posh Parties revolve around themes, like certain styles or accessories, and you can see new sellers and items that way. Depop payments is required for eligible sellers however you can still use paypal! Its easy to say that its more fun to buy clothes and accessories, regardless of Depop vs Poshmark. 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! If you were hoping for a large reduction in fees as a result we are sorry to dissapoint you! Preloved. - 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. Its a win-win. 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. Hi guys! Feb-22-2020 01:57 AM. LOVE YOU LOTS! 98. r/Depop. Ensure to ship orders to the address on the Depop receipt. Sell your old clothes and replace them with new-to-you, secondhand finds. Not only does it keep your account safe, but it also protects you from disputes and chargebacks. You can use Apple Pay, Google Pay, Paypal, credit and debit cards. The introduction of depop payments is not surprising as a large marketplace cannot rely on an external payment service like paypal forever, many popular marketplaces handle their own payment processing or are at least more involved in the process. There are a couple of different ways to browse Depop, whatever youre looking for. You can use a crosslisting app here to automatically list from depop to other marketplaces like vinted, ebay, poshmark and more! Review the information and click Issue Refund. So whether youre buying, selling or doing a little of both, using Depop is a straightforward - and enjoyable - experience. They allow users to shop through their website or mobile app. A major plus for Depop payments is that you get the money as soon as your item sells. For a business to succeed, having a fully equipped and knowledgeable seller is a must. Take a picture using a square format to ensure that it is sized correctly. Its better to curate your collections to ensure youre delivering what each group will want to buy. You dont get paid until the item ships to the customer and they accept delivery. * have frontal try on in another listing, All purchases through Depop are covered by Buyer Protection. If youre debating Poshmark vs Depop, then check out this overview. Find it on Depop. Let us know in the comments if you have tried Depop or any other platforms as well as Poshmark! 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. But theres a good chance you can find those items on Poshmark, too, so its an ideal first stop. 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. 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. You know what theyre going to take, so you can price your items accordingly. Vintage. Streetwear. Paypal is popular but not everyone wants to go through them, you still have to log in and if you do not have a paypal account you need to get your card out and fill out a form, sometimes you may even be required to signup for paypal which a few buyers may not want to do. 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. To send a partial refund, choose the Partial refund tab instead and type in the amount you'd like to refund. In that case, the buyer will be advised to return the item using tracked postage before you can issue a refund of the full sale price, excluding the shipping fee. Please note that transaction fees may vary based on your location and PayPal account setup. When youre considering Depop vs Poshmark, look at your items with a critical eye. By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. 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. This charge will be taken directly from your PayPal account or the card you are using for payments before the remainder of . Depop payment via paypal. You can read our depop fee guide here to learn more about depop fees. As you use Depop, the app understands what you like and curates your My DNA and Explore pages. The way Depop works is simple. Heres how you will add Depop payments to your account. https://www.paypal.com/uk/smarthelp/article/how-do-i-verify-my-paypal-account-faq444?app=searchAutoC 1999-2023 PayPal, Inc. All rights reserved. After you make money selling items on Poshmark, you can keep the money in the app and use it to shop for yourself. 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. So what do you need to know as a buyer and seller on Depop? Your own wardrobe - old, new, clothes you no longer wear, or items you want to give a new home to make space. To provide a good customer experience, remember to ensure that the item is clean before you pack it. Its more like a social media platform, where buyers see things because they liked them or if they follow you. If youre selling an item on Poshmark for more than $15, the company takes a 20% commission fee. PayPal features and capabilities Like Payment Depot, PayPal can handle a variety of transactions, both in person and online. - Select a photo to represent your account - thisll be how other buyers and sellers see you around Depop. Lets start by introducing what Depop is. Be sure to read through its description and check the sizing to be sure its what youre looking for. It simply means that in a $100 item sold, $10 goes to Depop. But you'll only be charged for the items that get sold on Depop. Enter your routing (nine numbers) and checking number to complete. You fail to respond to Depop's emails within the timeframe. PayPal has merchant fees that you'll incur, further cutting into your profits. It doesn't appear in any feeds, and anyone with a direct link to it will see a message like this one. Overall, I cant say theres a set pro or con with this feature on Poshmark. Trainers. Depop will then conduct an evaluation to see whether your item is significantly not as described. Press J to jump to the feed. You can search by different criteria, such as the following: - Different styles, such as vintage or Y2K, - Your favorite brands, such as Nike or Carhartt, - Your favorite Depop seller just search their username. By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. This is a place to explore unique fashion and be part of a community-driven zeitgeist thats shaping culture for the better. Selling your clothes and shoes online is easy, like using an online consignment store. But not many people make the effort to DM; they just want to browse and buy with little interaction, which is the whole point of the platform! If the buyer chooses to pay with Depop payments instead, the fees will be 2.9% + $0.30. You will click on Get started. Thank you so much for watching! What does it mean to be invited to host a Poshmark partyBasically, it means that your closet is getting noticed, you have your stuff together, and you are on your, Read More How To Host a Poshmark Party: A Step-By-Step GuideContinue, A couple of months ago we ran a survey and we have already rolled out some changes (new subscriptions and billing system firstly!) Any online platform that allows individuals to sell items is going to take a commission; theres no way around it. Depop has unique, vintage, and rare clothes like youd find at a cool thrift store. Enter the amount you want to refund. Paying for shipping labels depop payments vs paypal I haven't sold on Depop in a bit so I wanted to ask with all the new updates if you're able to use the money from a sale to pay for the shipping label. 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. This way, if the refund gets delayed, it can be processed for them as long as they can provide proof of return. While it is still new and people may run into hiccups, the most positive part of the new Depop payments is the lesser fees. The fashion industry produces a lot of clothing waste every year. Cookies help us customize the PayPal Community for you, and some are necessary to make our site work. 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. Of course, the more satisfied your buyer is, and the better experience they get from your shop means more returning buyers in the future. When a buyer has made a purchase, the seller then receives payment and must ship the item to their buyer. A 10% Depop fee is charged on the total transaction amount (including shipping costs). You can do so on the app, or depop.com. 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). As of January 22, 2023, USPS Regional Boxes were discontinued. Select the payment you want to refund and click Issue a refund. Here, you will enter your address. Sorry, this post was deleted by the person who originally posted it. Your payout will then be sent to your linked bank account 10 working days after the sale date. Offering free shipping is a plus, too, if you want to sell your item faster. To solve this, you should just need to add and confirm the correct email address to your PayPal account. DEPOP PAYMENTS ONLY. It is intelligent software that can help you list items across platforms easily. Theres nothing worse than seeing the perfect clothing on your home page, only to realize its too small for you. Items belonging to your friends and family - again, items can be gently used or like new to make cash and create space in their wardrobes. 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. That way, the payment should come through as normal once this action is completed. Reworked items - upcycled, handmade and repaired items are all great. Join our list at the bottom of this page!) Whatever your style. If you still have any questions at all please feel free to comment and i will be happy to answer. To do this, it is your responsibility to ensure that they don't encounter any issues with the item they ordered from you. Here are some vital facts and figures about how Depop works today. I am dealing with the same thing $116 stuck in my Depop Balance with no estimated payout date. If you can, try to settle the issue with the buyer first to prevent an issue from being raised with PayPal. Believe it or not, theres also a difference when youre buying on each site. I'm not sure if that's still applicable or if paypal was just weird and would allow that. Poshmark has a set shipping fee of $7.45. NO PAYPAL. In other words: the easier it is for people to pay you, the more likely it is that youll get paid. I haven't sold on Depop in a bit so I wanted to ask with all the new updates if you're able to use the money from a sale to pay for the shipping label. Etsy vs Depop: How Much Can You Earn From the Home icon, tap My DNA. Whether you want to buy or sell on Depop (or both), the first thing youll need to do is set up an account. As a seller, will Depop payments really be better than using PayPal? Your item was as described, but the buyer changed their mind. Create an account to follow your favorite communities and start taking part in conversations. Weve even seen eBay make a move to do something similar with eBay managed payments for very similar reasons. 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). It's a new feature which is required for selling now, but you can put a disclaimer that you prefer PayPal in your listings/bio. Depop Payments lets buyers use Apple Pay, Google Pay, credit and debit cards, as well as Paypal to shop on Depop. Depop is integrated with PayPal, which means that all payments made on the platform are processed through PayPal. 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. All UK sellers will need to sign up by 8th December 2021 to continue listing. To get covered by the Seller Protection, you must: When you receive a dispute, it is important to identify whether the transaction was paid using Depop payment or PayPal, as your steps in resolving them would vary. The focus on Depop is for vintage items instead of upscale current fashions. Scan this QR code to download the app now. Youll benefit from taking better pictures, having a title that shares a lot of information, and a competitive listing price. If people like your listings as they might like an image on Instagram, you can offer it to them. Or, message the seller of the item youre eyeing if you have any questions. Remember that the competition on marketplaces like Depop is tough. Designer. If the buyer chooses to pay with Depop payments instead, the fees will be 2.9% + $0.30. Depop Payments will empower sellers to increase their chances of selling by giving buyers more ways to pay. The fee will be taken from your connected PayPal account or the card you are using on your Depop account. Depop is about celebrating creativity by wearing it. 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. All you have to do is link your Depop, Poshmark, and Mercari accounts to the app. All US sellers will need to sign up by 10 January 2022. 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.