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. Slightly stretchy too! 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. Ive sold on both and also browse the two to buy stuff so I can show you the ins and outs of what works. You have to wait with Poshmark, but you wont pay fees to access your own money. You made the transaction outside of the platform. Depop payments will be around for a long while whether you prefer it as a seller or not. All UK sellers will need to sign up by 8th December 2021 to continue listing. 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 will click on Get started. If you want to keep them for later on, you can like or save them. You know what theyre going to take, so you can price your items accordingly. I get alot of questions when it comes to depop and paypal fees. Offering free shipping is a plus, too, if you want to sell your item faster. 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. What is that? Lets go over it. 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. When you save your size, the algorithm only shows you that size. Cookie Notice Depop Payments will become a requirement for selling on Depop. Note: Be aware that any sale of confirmed counterfeit items, PayPal and Depop may not be able to arrange or facilitate a return. When a buyer has made a purchase, the seller then receives payment and must ship the item to their buyer. Its easy to say that its more fun to buy clothes and accessories, regardless of Depop vs Poshmark. Prior to this rollout, PayPal did all the processing for your purchases or sales. I am dealing with the same thing $116 stuck in my Depop Balance with no estimated payout date. When you first open Poshmark, you might not enjoy browsing. If you're smart about how you ship things, then you'll make more money selling on Depop because of the lower fee. - 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. Buyers canbrowse the app, search for specific items and find your shop. Privacy Policy. Physical stores make money when people buy their products. If you still have any questions at all please feel free to comment and i will be happy to answer. One of the easiest ways to save on costs is by saving on your shipping cost. You want to choose the platform with the best built-in audience so you can rack up sales. If youre looking for those types of things, youre better off shopping on eBay, which is more like a general online thrift store. Promptly answer Depop's emails in the given timeframe. Depop doesnt have an option for people to make offers on your items. 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. The 10% fee is not a listing fee nor a subscription fee from Depop. Depop payments is required for eligible sellers however you can still use paypal! Depop payment: Get paid via PayPal or through Stripe using Depop Payments. Marked a size M but see measurements below When you're selling an item on Depop, the seller is always responsible for shipping to a buyer. Or, message the seller of the item youre eyeing if you have any questions. People are more likely to buy and sell gently used clothing online through a clothing resale app. Since that time, Poshmark has even branched out into non-clothing and accessory items to include products for pets as well as home items. Theres nothing worse than seeing the perfect clothing on your home page, only to realize its too small for you. 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. In my experience, Ive gotten more sales through Depop just because people buy what they want and thats it. When you receive a dispute, always resolve it with the buyer before involving Depop. On Poshmark, Ive gotten a lot more negotiations. However, you have to look more into what youll actually make from Depop. Slightly stretchy too! How much of a fee does Depop take? It started as a social network, like an innovative magazine. You have a general idea about how much you can actually make per sale, based on the Poshmark vs Depop commissions. Why don't you give this a go for me by following these steps? Sneakers. Rule of Thumb for Depop and Paypal While any payment issue as a seller can be extremely frustrating, there are some steps that you can follow to ensure that you are getting your money on time. Theyre transparent about their fees and dont take portions of the shipping cost. Tap the Search tab at the bottom of the app to search for items and find exactly what youre looking for. 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. Depop Payments lets buyers use Apple Pay, Google Pay, credit and debit cards, as well as Paypal to shop 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 can do so on the app, or depop.com. LOVE YOU LOTS! When you want to cash out, Depop pays through your PayPal account or Stripe. Youre set. You normally have to log in to your PayPal, transfer the money, and then wait a few days for the funds from PayPal to hit your bank. Please read rules before posting. Poshmark fees are set. Vintage. Also, there's a PayPal transaction fee of 2.9% + $0.30 in the USA and 2.9% + 0.30 in the UK. Length 10 Press question mark to learn the rest of the keyboard shortcuts. Stripe has similar fees, so youre not really making as much from Depop as you initially think. Sellers list unique clothes, usually vintage but still trendy. In any business, including online selling, creating a seamless and good buyer experience is an essential part. We are compensated for referring traffic and business to Amazon and other companies linked to on this site. When it comes to buying, Poshmark wins for having such a variety available. Many customers might make a cheap offer just to see what they can get. If you are looking for more ways to increase your sales on depop, look no further: Mobile Phone Depop Bot (iOS and Android), You can increase your sales like 2k+ sellers do on depop with a depop automation tool. Shipping is a crucial part of finalizing your sale. Find it on Depop. Overall, I cant say theres a set pro or con with this feature on Poshmark. You also don't have to worry about signing up and paying straight away to test our bot. Hi does anyone know how to verify your PayPal account for selling items on depop? Do you know where to find money that is pending before being put into your account? Avoid disputes on your items and get your Depop account in trouble. Of course, the more satisfied your buyer is, and the better experience they get from your shop means more returning buyers in the future. 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. However, unlike Poshmark, Depop charges you additional fees. But theres a good chance you can find those items on Poshmark, too, so its an ideal first stop. Here are some vital facts and figures about how Depop works today. Trainers. Depop has unique, vintage, and rare clothes like youd find at a cool thrift store. This app is especially popular in countries like Australia, New Zealand, the United Kingdom, and of course, the United States. Its easy to list items on both Poshmark and Depop. If y'all remember I posted how I got banned for hashtags that were FINE. Designer. There are no surprises when youre getting paid out. When will I know if I am going to receive the payment? Your own wardrobe - old, new, clothes you no longer wear, or items you want to give a new home to make space. In other words: the easier it is for people to pay you, the more likely it is that youll get paid. It may be worth investing into an authentication service for higher priced or luxury items. Whatever your style. 3. - '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. Depop thats a major concern. You should find ways to have an advantage over other sellers with the same item. 233. Designer. But don't worry, How To Pack & Ship An Xbox (With Pictures). Sold through Depop Payments If the item was sold and paid using Depop Payments, you could settle any issues with your transaction through Depop. Aside from checking the prices of the same item in the market to get a reference, you can price your listing correctly by matching its price to its condition. Depop is a marketplace that is growing very fast since it was founded. Depop Payments will empower sellers to increase their chances of selling by giving buyers more ways to pay. Select your Payment Type. You can save money on the clothes and even with shipping costs. However, pricing your item right doesn't mean that you should compromise your earnings. While one sale may not make too much of a difference, the fees can add up if you sell regularly. In addition to this, you can decide on a reasonable price but let your buyers know that you accept offers. 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.