Depop fees and charges; Depop is a popular online marketplace where you can buy and sell a wide range of fashion items, accessories, and more. If you’re considering selling on Depop, it’s important to understand the fees and charges associated with the platform.
In this blog post, we’ll break down Depop’s fees in plain language and provide a clear table summarizing the charges. Whether you’re a seasoned Depop seller or just getting started, this guide will help you manage your finances effectively.
Table: Depop Fees and Charges Simplified
| Fee Type | Amount | Additional Notes |
|---|---|---|
| Depop Fee | 10% of the sale | Deducted automatically |
| Transaction Fee | Varies | Charged by PayPal or Depop Payments |
| Depop Shipping Label Fee | Varies | Applicable if using Ship with Evri |
| Seller Service Fee | Varies | Applicable for UK-EU transactions |
Understanding Depop Fees and Charges
- Depop Fee
- When you sell an item on Depop, the platform charges you a Depop fee, which is a percentage of the sale price. This fee is set at 10%, and it’s deducted automatically from your earnings.
- Transaction Fee
- In addition to the Depop fee, you may also incur a transaction fee. The specific amount of this fee can vary based on several factors, including your location and whether you use PayPal or Depop Payments for processing payments.
- For UK Sellers:
- If you use PayPal or Depop Payments, you can expect a standard transaction fee of around 2.9% of the transaction amount, plus £0.30.
- Additionally, UK-EU transactions may incur an extra 1.29% seller service fee.
- For US Sellers:
- If you use Depop Payments, the standard transaction fee is 3.3% of the transaction amount, plus $0.45.
- If you use PayPal, the standard transaction fee is 3.49% of the transaction amount, plus $0.49.
- Depop Shipping Label Fee
- If you choose to use the “Ship with Evri” service or purchase USPS shipping labels through Depop, the cost of the shipping label will also be deducted as part of the Depop fee. The exact amount depends on the shipping service you select.
Calculating Depop Fees
Calculating Depop fees for a specific sale involves a few simple steps:
Step 1: Determine the sale price of your item.
Step 2: Calculate the Depop fee by multiplying the sale price by 10%. This is the standard Depop fee.
Step 3: Determine the transaction fee based on your location and payment method (PayPal or Depop Payments). You can use the provided fee rates to calculate this amount.
Step 4: If applicable, add any seller service fees for UK-EU transactions.
Step 5: If you’re using a shipping label from Depop, factor in the label cost as well.
Step 6: Subtract all these fees from the sale price to find your final earnings.
Conclusion
Selling on Depop can be a rewarding way to declutter your closet and make some extra money. However, it’s crucial to be aware of the fees and charges associated with the platform.
By using the simplified fee structure provided in this guide and referring to the table, you can easily calculate the costs of selling on Depop.
Whether you’re selling fashion items, accessories, or other goods, having a clear understanding of these fees will help you manage your finances effectively and ensure a successful selling experience on Depop.
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