Your item is listed on Depop's prohibited items list. Theyre transparent about their fees and dont take portions of the shipping cost. 2. Join our list at the bottom of this page!) Whatever your style. But they might integrate the price of shipping into the item itself. Ill go in-depth into how to sell and buy through each company, whether youre using the website or the mobile app. 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. Buyers canbrowse the app, search for specific items and find your shop. Vintage. Depop payment: Get paid via PayPal or through Stripe using Depop Payments. This is because it reduces the chances of a user abandoning their cart because they find it to be too much of a hassle to go through paypal. If the item is brand new, check the retail price or similar brand new listings as yours and take it from there. Poshmark vs Depop: Which is the best for Sellers? - Reseller Assistant This is really simple and only takes a few minutes. 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. This content may be old or outdated. Ive sold my clothes on both Poshmark and Depop. Depop Payments vs. PayPal 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. All youll need to do is to enter your name, address, phone number and date of birth. Depop doesnt promote items as Poshmark does. Waist flat 13 can stretch to 15 Depop vs. Poshmark: Which Clothing Resale App Is Right for You? Scan this QR code to download the app now. You also don't have to worry about signing up and paying straight away to test our bot. To do this, it is your responsibility to ensure that they don't encounter any issues with the item they ordered from you. Tap Continue to review the details, then click on Confirm refund. How do I issue a refund? - PayPal Using a tracked shipping method is the ideal way of sending your orders. Has it gotten fixed for you yet? Press question mark to learn the rest of the keyboard shortcuts. 4. Being fast in sending orders is a good thing. Be on top of this by keeping an eye on your email for any letter coming from PayPal. Overall, I cant say theres a set pro or con with this feature on Poshmark. Depop payments is required for eligible sellers however you can still use paypal! All you have to do is ask your buyer to return the item with tracked shipping. yea i prefer PayPal because depop payments still hasn't paid out to my credit card & i made my first sale january 8th . To solve this, you should just need to add and confirm the correct email address to your PayPal account. As the platform grew to 26 million users, it expanded to a resale platform. Buying on Depop is not complicated. A major plus for Depop payments is that you get the money as soon as your item sells. Since depop is commonly used via a mobile app the addition of mobile payment options like Apple Pay is going to be very good for business. Here well break down how shipping works in the UK and the US. Stripe has similar fees, so youre not really making as much from Depop as you initially think. First, it qualifies you to Depop seller protection. But online platforms like Poshmark and Depop arent selling items themselves. If you're looking to ship using USPS Regional boxes, you will no longer have the option to send them at Regional Rates. If the buyer chooses to pay with Depop payments instead, the fees will be 2.9% + $0.30. Connect your Depop account to the Paypal account you will be using. Its the platform for individuals to resell their clothes, shoes, and accessories. Our global community buys, sells and connects to make fashion more inclusive, diverse and less wasteful. Thats a huge community, so if youre looking for the perfect item, you have a great chance of finding it. Then, youll be able to plan ahead and come up with a fair price for every item you list in your closet. And thats it - youre now all ready to start buying, selling or doing both on Depop. 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. We will exclude shipping costs since that is variable based on the item youre shipping. Your honesty as a seller can make a huge impact on your business. You fail to respond to Depop's emails within the timeframe. For more information on making the seller process smooth for your buyers, visitour top customer service tips article. But how does this marketplace of buying and selling work? A 10% Depop fee is charged on the total transaction amount (including shipping costs). Depop is integrated with PayPal, which means that all payments made on the platform are processed through PayPal. So what do you need to know as a buyer and seller on Depop? Feb-22-2020 01:57 AM. Apple pay for example is just 2 button clicks and a face ID away from a purchase, compared to entering multiple login details and card details. Even then, Poshmark has up to three days after delivery to release the funds. As a buyer using Depop, you can find items to purchase by browsing the app or searching for specific products or styles. Now you have the know-how on how selling at Depop works, and youre ready to get listing and start selling for yourself. 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. Physical stores make money when people buy their products. 2. Each PayPal transaction currently costs 3.49% + $0.49. Some sellers offer discounted shipping if you order more than one item from their shop. You can source stock to sell on Depop from a lot of different places. But what about getting your hands on the money youve earned? When a dispute like this arises, you must do the following: Being obedient to Depop's policies is important. The price of an item is another factor that dramatically affects your potential buyer's purchase decision. 2019-2023 All rights reserved. Its flat-out fun to browse on this app, and youll most likely find at least one item you cant live without. How much of a fee does Depop take? However, unlike Poshmark, Depop charges you additional fees. 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. Sold through Depop Payments If the item was sold and paid using Depop Payments, you could settle any issues with your transaction through Depop. Tap Checkout, then review your shipping address to make sure its correct. PayPal has merchant fees that you'll incur, further cutting into your profits. When you first open Poshmark, you might not enjoy browsing. Depop started out using paypal to process virtually all transactions, so every sale you made would be sent instantly into your paypal account. 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. Hey my sweets!! Your Depop and Paypal Payment Issues Solved - Fulfilled Merchant The fashion industry produces a lot of clothing waste every year. Many sellers register on both Poshmark and Depop. 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! We are compensated for referring traffic and business to Amazon and other companies linked to on this site. Sell your old clothes and replace them with new-to-you, secondhand finds. Verify your information with Paypal (banks, cards, email, etc). Do I need to use PayPal? - Depop help GB Ensure that the item is well lit and the details are clearly captured. - 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. You can do so on the app, or depop.com. 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. Sorry, this post was deleted by the person who originally posted it. Its easy to list items on both Poshmark and Depop. link to Yes, USPS Regional Boxes Are Discontinued, link to How To Pack & Ship An Xbox (With Pictures). PayPal features and capabilities Like Payment Depot, PayPal can handle a variety of transactions, both in person and online. Tap the Search tab at the bottom of the app to search for items and find exactly what youre looking for. You dont have to worry about getting paid after shipping the item or ensuring its delivered. - '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. Once a dispute is opened against your sold item, be sure to provide all the necessary proof of the item's condition, authenticity, or size to Depop. But theres a good chance you can find those items on Poshmark, too, so its an ideal first stop. The standard depop fee remains the same at 10% and they will charge processing/transaction fees, thats it. I also like to use filters so I see only what items will fit me. Think of it like browsing a thrift store from the comfort of your own home. However, you have to look more into what youll actually make from Depop. 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. You should do this within the allocated time frame to show that you are an honest and responsible seller. NO PAYPAL. Its not a bad way to do it, because you wont get notices about offers; the potential customer has to interact with you. Women's Black and Gold Skirt | Depop Please read rules before posting. Its more like a social media platform, where buyers see things because they liked them or if they follow you. Depop has unique, vintage, and rare clothes like youd find at a cool thrift store. Be sure to read through its description and check the sizing to be sure its what youre looking for. Or, message the seller of the item youre eyeing if you have any questions. Lets face it most online shopping isnt always the most deliberate/thought through process, so any uneccessary friction will result in buyers leaving. 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. Poshmark Selling Fees Poshmark also levies standard selling fees. 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. Founded on the tenets of social commerce, Depop is a P2P eCommerce platform. 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. What is Depop Limited and why did I get charged for it? Both offer different things so its up to your personal preference. 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. Depop fees: No listing fee, 10% seller fee to Depop, PayPal transaction fee of 2.9% + $0.30. Both sites charge more for shipping internationally, but domestic purchases usually have a flat shipping rate. Once shipped, keep your buyer updated. Its better to curate your collections to ensure youre delivering what each group will want to buy. 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. 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. You know what theyre going to take, so you can price your items accordingly. I one hundred percent agree and hate Depop payments because of the withholding process. and our When youre considering Depop vs Poshmark, look at your items with a critical eye. Banking services provided by Piermont Bank, Member FDIC. 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. UPDATE: Updated depop payments shipping tutorial! Were introducing Depop Payments a new payment method powered by Stripe Connect to make it easier to buy and sell on Depop. i have $97 in there. It must've been cuz I mentioned the BBB.. 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. Remember that the competition on marketplaces like Depop is tough. How you do this varies by where youre located. Each has a seller guideline to follow along with Poshmark, Mercari, Tradesy, and many others like Depop. 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. For American sellers, they take an additional 2.9% fee plus $0.30. To get your payments released sooner, use trackable delivery with any of our approved delivery companies and enter the tracking details on your Activities page. You are viewing the PayPal Community Archives. You will also be charged a standard transaction fee by either of PayPal or Depop Payments of around 2.9% + /0.30. Since that time, Poshmark has even branched out into non-clothing and accessory items to include products for pets as well as home items. - First, download the Depop app in the App Store or Google Play. If you sell it for $15 or more, then Poshmark takes 20% commission. In this post, well cover what Depop payments is, what sellers can expect from Depop Payments, how to sign up and how to set up Depop payments. Poshmark has a set shipping fee of $7.45. Also read: Poshmark vs Mercari: Which is best for Sellers? One of the easiest ways to save on costs is by saving on your shipping cost. Fees on Depop are very straightforward. We walk you through how to ship on your own step-by-step in the next article. If youre a Poshmark seller or want to become one, you need to consider how much selling on the platform will cost. They don't actually sell anything on their own; rather, they act as a middleman between Depop sellers and customers, enabling people to set the retail price of their goods and locate potential customers, all while providing a reliable and secure platform that lowers the risk of being duped or overcharged for . Its hard to choose a winner when it comes to payment with Depop vs Poshmark. and now one of our new services is also live we present to you: eBay Cross-Listing! Here's how to refund a payment: Go to your Activity. In addition to this, you can decide on a reasonable price but let your buyers know that you accept offers. Designer. When you want to cash out, Depop pays through your PayPal account or Stripe. It pays to know that you should ensure that you and your buyer can keep track of the status so they would know when to expect their order or if there will be a delay in the delivery. Read on.. Well, as you know our virtual assistants are amazing at, Read More eBay Cross-Listing Service LaunchContinue. There are different marketplaces on the internet nowadays. eBay vs Depop: Which is better for selling? | Reseller Bible In my experience, Ive gotten more sales through Depop just because people buy what they want and thats it. 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). It can be frustrating to check your messages and get excited about an offer on an item, only to see the customer wants it for an incredibly low price! I decide to make this video in hopes that it will clear up some questions for you. I am dealing with the same thing $116 stuck in my Depop Balance with no estimated payout date. When you buy online, youre supporting people instead of companies with poor working conditions. For any item that sells for less than $15, they take $2.95. Items sold via PayPal follow a different way of solving the dispute. Designer. You can use a crosslisting app here to automatically list from depop to other marketplaces like vinted, ebay, poshmark and more! Again, this might seem steep, but you can do the math before you list an item and get a general idea of your profit. Scroll down and tap Edit My DNA to add the styles, brands and sizes you want to see. Signed up already? Depop, based in London, began in 2011. Review the information and click Issue Refund. Super fkn cute Japanese gyaru brand D.I.A low rise pleated black miniskirt with the coolest gold chain and zipper details. As you use Depop, the app understands what you like and curates your My DNA and Explore pages. 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! Its easy to say that its more fun to buy clothes and accessories, regardless of Depop vs Poshmark. All US sellers will need to sign up by 10 January 2022. Simply head in-app, go to the Selling hub and tap the banner. It may be worth investing into an authentication service for higher priced or luxury items. Here are some vital facts and figures about how Depop works today. Choices like this keep the circular economy going its kinder to people and the planet.