Designer. - 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. As a seller, you will now be able to get the money straight from Depop to your bank account (after a few business days). Hi guys! 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. I love these features because they often show me things that would make a killer outfit with my previous purchases! Fees on Depop are very straightforward. Weve even seen eBay make a move to do something similar with eBay managed payments for very similar reasons. 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. But for a partial refund, you will have to get in touch with Support so they can process a shipping label refund for you. Depop A major plus for Depop payments is that you get the money as soon as your item sells. The business itself is expanding and now has offices in Milan, New York City, and Manchester. For more information on shipping, check out our shipping guide. Within this blog post, we break down exactly how Depop works: covering who we are, and how buying, selling and shipping on Depop work. Let us know in the comments if you have tried Depop or any other platforms as well as Poshmark! Vintage. Its flat-out fun to browse on this app, and youll most likely find at least one item you cant live without. For those who are already on our newsletter list (wait, you arent? Thanks for any help, Thank you. Offering free shipping is a plus, too, if you want to sell your item faster. 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. 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. However, unlike Poshmark, Depop charges you additional fees. All you have to do is link your Depop, Poshmark, and Mercari accounts to the app. 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. 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. Depop payments fees are relatively similar to paypal but it is somewhat easier to reason about. Reworked items - upcycled, handmade and repaired items are all great. When youre considering Depop vs Poshmark, look at your items with a critical eye. It simply means that in a $100 item sold, $10 goes to Depop. the payment will typically be available to you within 21 days after receipt (the funds may not be released until later in the day). How you do this varies by where youre located. But don't worry, How To Pack & Ship An Xbox (With Pictures). Your honesty as a seller can make a huge impact on your business. Messaging sellers and shipping vary depending on if youre using Depop vs Poshmark. It started as a social network, like an innovative magazine. That covers everything you need to know about how Depop works. No action needed well take care of the rest. Depop Fees . 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. !SHOP VENUA PRINTS : https://www.venuaphotography.com/AMAZON STORE FRONT https://www.amazon.com/shop/vargassssss_?isVisitor=truePlease don't forget to LIKE , COMMENT AND SUBSCRIBE !! I'm not sure if that's still applicable or if paypal was just weird and would allow that. 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. Depop payments will be around for a long while whether you prefer it as a seller or not. To solve this, you should just need to add and confirm the correct email address to your PayPal account. Some sellers will offer international shipping and some wont - buyers can message them to ask for more info. There are different marketplaces on the internet nowadays. Sellers list unique clothes, usually vintage but still trendy. Once youve got some items ready, its time to list them. For more information on making the seller process smooth for your buyers, visitour top customer service tips article. Payments that are sent to paypal will typically be instant and you can often use your money as soon as it arrives. Check out our Depop payments blog for further details. Privacy Policy. The OneShop Money Mastercard Debit Card is issued by Piermont Bank, Member FDIC. It seems like buyers prefer to haggle more on Poshmark. Buying on Depop is not complicated. NO PAYPAL. Press J to jump to the feed. If you want to keep them for later on, you can like or save them. Shoot your item on a clear background to keep your buyer's attention on the item. Select your Payment Type. Please read rules before posting. Cookie Notice Items sold via PayPal follow a different way of solving the dispute. No matter your reason for joining the platform, making more money is definitely a driving force. Most sellers get excited when they see the Depop selling fees are just 10%, regardless of how much the item sells for. Not only does it keep your account safe, but it also protects you from disputes and chargebacks. Simply head in-app, go to the Selling hub and tap the banner. To do this, it is your responsibility to ensure that they don't encounter any issues with the item they ordered from you. Each PayPal transaction currently costs 3.49% + $0.49. 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. If you choose to cash out, the money transfers to your linked bank account with no additional fees incurred. This move means that depop and their users (buyers/sellers) have a lot more flexibility in how payments work. Signed up already? Heres how you will add Depop payments to your account. Thats all there is to it. Streetwear. Poshmark has a set shipping fee of $7.45. Here well break down how shipping works in the UK and the US. After this, Depop will mediate a resolution between yourself and the buyer. welcome to. As a seller, will Depop payments really be better than using PayPal? Feb-22-2020 01:57 AM. Answer (1 of 3): No, it is not possible to use Depop without a PayPal account. Join our list at the bottom of this page!) Whatever your style. Depop payments takes about 2 working days to process your payment before it is sent to your bank account. Depop will then conduct an evaluation to see whether your item is significantly not as described. Work-flow can help the Cash-Flow. Here are some vital facts and figures about how Depop works today. While some have a specific budget to follow, some would also consider buying an item if it is reasonably priced. Its hard to choose a winner when it comes to payment with Depop vs Poshmark. Tap the Search tab at the bottom of the app to search for items and find exactly what youre looking for. Note that counterfeit items must be automatically be refunded without the need for the buyer to return the item as shipping any counterfeit goods is illegal. There are a couple of different ways to browse Depop, whatever youre looking for. Depop, based in London, began in 2011. 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. You can like items, comment on listing, and follow certain sellers so you see more of them. If the buyer chooses to pay with Depop payments instead, the fees will be 2.9% + $0.30. Theyre transparent about their fees and dont take portions of the shipping cost. 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). PayPal also sometimes withholds your funds if you havent made a sale in a while. Youll benefit from taking better pictures, having a title that shares a lot of information, and a competitive listing price. 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. Verify your information with Paypal (banks, cards, email, etc). Most of the clothes are new and gently used, though some are vintage. If you're smart about how you ship things, then you'll make more money selling on Depop because of the lower fee. Founded on the tenets of social commerce, Depop is a P2P eCommerce platform. Note: Be aware that any sale of confirmed counterfeit items, PayPal and Depop may not be able to arrange or facilitate a return. To have appealing photos, ensure that you only use clear and high-quality ones to stand out from other competitors. But theres a good chance you can find those items on Poshmark, too, so its an ideal first stop. Your payout will then be sent to your linked bank account 10 working days after the sale date. For example, I remember being able to use the pending deposit from a sale on Paypal towards paying for the shipping label. Vintage. LOVE YOU LOTS! If youre specifically looking for vintage, you might have better luck on Depop. if(typeof ez_ad_units != 'undefined'){ez_ad_units.push([[300,250],'fulfilledmerchant_com-box-4','ezslot_4',124,'0','0'])};__ez_fad_position('div-gpt-ad-fulfilledmerchant_com-box-4-0'); So how much is the savings? How much of a fee does Depop take? Depop Payments will empower sellers to increase their chances of selling by giving buyers more ways to pay. Posh Parties revolve around themes, like certain styles or accessories, and you can see new sellers and items that way. It will take longer for your money to reach your bank account with depop payments. You fail to respond to Depop's emails within the timeframe. Listings that feature things for your home have grown exponentially since the platform, Read More What Poshmark Home Items Should I Sell?Continue, Poshmark is an excellent online marketplace to sell your unique clothing items. A 10% Depop fee is charged on the total transaction amount (including shipping costs). Its more like a social media platform, where buyers see things because they liked them or if they follow you. Strictly keep all your transactions in-app while using Depop Payments. If you're looking to ship using USPS Regional boxes, you will no longer have the option to send them at Regional Rates. Ensure to ship orders to the address on the Depop receipt. 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. Depop Selling Fees For each item sold, Depop automatically charges a standard 10% fee on the total transaction amount including the cost of shipping. Many Depop sellers do this to reach more audiences, making their chances of coming across the right buyer for their item higher. When a dispute like this arises, you must do the following: Being obedient to Depop's policies is important. Length 10 Or, message the seller of the item youre eyeing if you have any questions. 4. In addition to this, you can decide on a reasonable price but let your buyers know that you accept offers. Commission usually includes a percentage of the shipping charge and transaction fee. Do you know where to find money that is pending before being put into your account? In my experience, Ive gotten more sales through Depop just because people buy what they want and thats it. Poshmark, based in California, began in 2011. When you want to cash out, Depop pays through your PayPal account or Stripe. You will also be charged for the Paypal fee which is 2.9% + $0.30 in the USA plus the applicable shipping fee. This app is especially popular in countries like Australia, New Zealand, the United Kingdom, and of course, the United States. PayPal features and capabilities Like Payment Depot, PayPal can handle a variety of transactions, both in person and online. When you sell an item, Depop will automatically charge the 10% fee on the total transaction amount (including shipping costs). https://www.paypal.com/uk/smarthelp/article/how-do-i-verify-my-paypal-account-faq444?app=searchAutoC 1999-2023 PayPal, Inc. All rights reserved. Streetwear. Depop shipping: Arrange your own, and set your own shipping rate, or Ship With Depop for a prepaid USPS shipping label between $3.50 and $14. But online platforms like Poshmark and Depop arent selling items themselves. You dont get paid until the item ships to the customer and they accept delivery. In any business, including online selling, creating a seamless and good buyer experience is an essential part. You might see a 2-3 day difference in processing times depending on your bank. If you have added and confirmed a card then you should be verified. Buyers and sellers live around the world. Super fkn cute Japanese gyaru brand D.I.A low rise pleated black miniskirt with the coolest gold chain and zipper details. When you're selling an item on Depop, the seller is always responsible for shipping to a buyer. UPDATE: Updated depop payments shipping tutorial! Instead, they have to DM you directly. Depop has unique, vintage, and rare clothes like youd find at a cool thrift store. Now that Depop partnered with Stripe, which is PayPals competitor, it opens more options for both sellers and buyers. But they might integrate the price of shipping into the item itself. Poshmark vs Mercari: Which is best for Sellers. Hi does anyone know how to verify your PayPal account for selling items on depop? What you should care about as a depop seller is if depop payments will increase your sales! 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. Poshmark sells contemporary, name-brand clothes at good deals. I think I have done all the steps to verify it but I haven't had anything to confirm this. Or view our blog on making money at Depop for broader tips and information. It will show up on your bank statement when the seller fees are debited from your account. Some sellers offer discounted shipping if you order more than one item from their shop. People are more likely to buy and sell gently used clothing online through a clothing resale app. Now you know to price your item for more than $5 so you make more money. Shop around by looking for the item, or something similar, on both apps before finalizing a purchase. Both sites charge more for shipping internationally, but domestic purchases usually have a flat shipping rate. But what about getting your hands on the money youve earned? As the platform grew to 26 million users, it expanded to a resale platform. 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. and you should because it increases your options. 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). This content may be old or outdated. 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! All you have to do is create a draft once, and you can effortlessly cross-list to any platform that our team has integrated. You don't have to worry about getting paid after shipping the item or ensuring it's delivered. We offer a 14-day free trial to let you experience the difference of what our app can make. I'm not sure if depop only send the money once the buyer has received their item. When it comes to buying, Poshmark wins for having such a variety available. Maybe youve got some questions about how selling works for Depop users. When you buy online, youre supporting people instead of companies with poor working conditions. Then I sent them this. 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. You will also be charged a standard transaction fee by either of PayPal or Depop Payments of around 2.9% + /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. And thats it - youre now all ready to start buying, selling or doing both on Depop. Review the information and click Issue Refund. W for me today after 10 incompetent depop support representatives finally got someone to review my account suspension. Remember to hit the Like button on any items you love, too - not only will this bookmark them in your likes, itll also help the app learn more about what kind of items youre interested in seeing. Get paid directly into their bank account. All you have to do is ask your buyer to return the item with tracked shipping. 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. Tap Continue to review the details, then click on Confirm refund. 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. You dont have to worry about getting paid after shipping the item or ensuring its delivered. Thank you so much for watching! Poshmark only has these two commission fees. - First, download the Depop app in the App Store or Google Play. If you love shopping at thrift stores, youll love browsing Poshmark and Depop online. We will exclude shipping costs since that is variable based on the item youre shipping. 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. They dont take money for the shipping label, transaction processing fee, sales tax, or customer support. Trainers. Both offer different things so its up to your personal preference. There are no surprises when youre getting paid out. There is also a standard PayPal transaction fee of 2.9% + 0.30 in the UK and 2.9% + $0.30 in the US. Lets start by introducing what Depop is. In other words: the easier it is for people to pay you, the more likely it is that youll get paid. The way Depop works is simple. Poshmark offers sellers tools to help your listings reach the right audience. Here is the fee table gotten from the depop website: Depop states that you may also be charged an additional 1.29% seller service fee for UK-EU transactions which is worth considering in your fee calculations. When it comes to commission taken, Poshmark is the winner. Depop does not have subscription or listing fees but they charge a 10% flat rate on every item sold. While the framework of both sites is similar, you may wonder which is better in terms of Depop vs Poshmark. As a buyer, you can now pay through Apple Pay, Google Pay, and your credit or debit cards. 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 . You must also include a return address if your item is requested to be sent back to you. Or maybe youre looking for styles that are 100% you? and now one of our new services is also live we present to you: eBay Cross-Listing!