If you are a seller on Depop, you might wonder how much it costs to sell your items on the platform. Depop is one of the most popular apps for buying and selling secondhand clothing, accessories, and vintage items. However, what is the Depop fees charge for its sellers, and how do they affect your profits?
In this article, we will explain the different types of fees that Depop fees, how they are calculated, and how you can reduce them. We will also compare depop fees with other platforms like eBay, Poshmark, and Mercari so you can decide which one is best for your business.
Depop Fees for Sellers: The Basics
Depop charges two main types of fees for sellers: a listing fee and a transaction fee.
- Â A listing fee is a fixed amount you pay every time you list an item for sale on Depop.Â
- A transaction fee is a percentage of your final sale price when selling an item on Depop.
The listing fee for Depop is $0.20 per item. This means that you will be charged $0.20 every time you create a new listing or relist an existing one. This fee is deducted from your Depop wallet balance or your linked PayPal account.
The transaction fee for Depop is 10% of the final sale price. If you sell an item for $10, you will pay $1 as a transaction fee. This fee is deducted from the payment that you receive from the buyer via PayPal.
Depop Fees for Sellers: Examples
Let us look at some examples of how Depop fees work for sellers. Suppose you sell a vintage jacket for $50 on Depop. Here is how much you will pay in fees:
- Listing fee: $0.20
- Â Transaction fee: 10% of $50 = $5
- Â Total fees: $0.20 + $5 = $5.20
Now, suppose you sell a pair of jeans for $15 on Depop. Here is how much you will pay in fees:
- Listing fee: $0.20
- Â Transaction fee: 10% of $15 = $1.50
- Â Total fees: $0.20 + $1.50 = $1.70
As you can see, the higher the sale price, the higher the transaction fee. However, the listing fee is always the same regardless of the sale price.
Depop Fees for Sellers: How to Reduce Them
There are some ways to reduce the fees you pay as a seller on Depop. Here are some tips:
- Items’ bundle: If you sell multiple items to the same buyer, you can create a bundle and charge only one listing fee and one transaction fee for the whole bundle. This way, you can save on fees and offer a discount to your buyer.
- Â free shipping is offered: If you offer free shipping to your buyers, you can increase your sale price and cover some of the fees. For example, if you sell a shirt for $10 with free shipping, you can charge $12 instead and pay the same amount in fees as if you sold it for $10 with paid shipping.
- Â Use Depop promotions: Depop offers promotions that reduce or waive their fees for sellers who meet some criteria. For example, they might offer a lower transaction fee for sellers who list new items during a period or who have a high rating. Keep an eye on their app and social media for these promotions and take advantage of them when available.
Depop Fees for Sellers: Comparison with Other Platforms
Depop is not the only platform where you can sell your secondhand items online. Other platforms like eBay, Poshmark, and Mercari also allow you to buy and sell pre-loved clothing, accessories, and vintage items. But how do their fees compare with Depop fees?
Here is a table that shows the fees for each platform as of February 2024:
| Platform | Listing Fee | Transaction Fee |
| Depop | $0.20 | 10% |
| eBay | Free* | 12.55% |
| Poshmark | Free | 20% |
| Mercari | Free | 10% |
- eBay offers up to 200 free listings per month for most categories. After that, they charge $0.35 per listing.
- eBay’s transaction fee includes a final value fee of 12.35% and a payment processing fee of 0.2%.
- Poshmark’s transaction fee is 20% for sales over $15 and a flat rate of $2.95 for sales under $15.
- Mercari’s transaction fee is 10% plus a $0.30 payment processing fee.
As you can see, Depop fees are comparable to Mercari’s fees but lower than eBay’s and Poshmark’s fees. However, each platform has its own advantages and disadvantages, such as the size and type of the audience, the ease of use, the shipping options, and the customer service.
Therefore, you should consider all these factors before choosing which platform to sell on.
Conclusion
Depop is a great platform for selling your second-hand items online, especially if you are into vintage, streetwear, or unique styles. However, you should also be aware of the fees that Depop charges its sellers and how they affect your profits.
By understanding how Depop fees work, how to reduce them, and how to compare them with other platforms, you can make the most of your selling experience on Depop.
Mostly Asked Questions
What is the Depop selling fee?
Depop charges a 10% selling fee on the total transaction amount, including the item’s price and any shipping costs.
Are there any other fees on Depop?
Yes, transaction fees vary based on location and payment method. For US sellers, they are 3.3% of the transaction amount plus an additional $0.4.
What is the fee for boosted listings on Depop?
If you choose to boost your listing, there’s an additional 8% fee on the sale price.
