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Reselling sneakers is booming, but are eBay fees eating into your profits?
In this article, I’ll break down a real eBay invoice to reveal the true costs of selling, compare it to other platforms, and share insider tips to maximise your earnings.
Whether you’re a seasoned reseller or flipping your first pair, those unexpected fees can sting.
If you don’t know your options, you could lose £30/$40 or more on every sale!
Keep reading for actionable advice to keep more cash in your pocket.
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The Real Cost of Selling Sneakers on eBay
A recent invoice shared by a seller sheds light on the surprising costs of using eBay:
That’s a significant chunk of the seller’s profit going to fees and taxes.
While the actual eBay transaction fee was £14.30, VAT and delivery costs brought the total deductions to £39.05.
They can reduce your earnings if you’re not prepared for these charges.
Comparing Sneaker-Selling Platforms
eBay isn’t your only option. Here’s how it stacks up against other platforms:
| Platform | Fees | Audience | Seller Protection |
|---|---|---|---|
| eBay | ~12% + VAT + delivery | Global | High |
| StockX | ~8-10% + processing | Global | High |
| GOAT | ~9.5% + commission | Global | High |
| Depop | 10% | Youth-focused | Medium |
| Facebook Groups | None | Community-specific | Low |
| Laced | ~10-15% | UK-based | High |
Facebook groups often have NO FEES, making them a popular alternative for many resellers.
However, platforms like StockX and GOAT provide greater protection and a wider audience, which can justify their costs.
How to Maximise Profits as a Sneaker Seller
- Research Before You List: Compare fees across platforms to find the best fit for your item and audience.
- Use Fee-Free Channels: Facebook and WhatsApp groups are great for cutting costs, but always use PayPal’s Goods and Services for protection.
- Time Your Sales: Watch for fee-free selling promotions on platforms like StockX to maximise profits.
- Negotiate Shipping Costs: Opt for affordable shipping options or offer local pickup when possible.
Insider Tips from Experienced Sellers
- Business vs Personal Accounts: A business account might help offset VAT through tax claims if you’re selling high volumes. For casual sellers, stick to a personal account to avoid unnecessary fees.
- Diversify Platforms: Don’t rely solely on eBay. Platforms like Depop and Laced cater to specific audiences and can yield better returns.
- Leverage Groups: Facebook groups offer trusted communities for buying and selling. Avoid Facebook Marketplace for high-value items due to lower trust levels.
Should You Avoid eBay Altogether?
eBay can still work for some sellers, especially those with unique items or international buyers. However, it might be time to explore alternatives if fees consistently cut into your profits.
Final Thoughts
Selling sneakers is a lucrative side hustle, but hidden fees can quickly eat into your earnings.
By understanding the costs and exploring your options, you can keep more of your hard-earned cash.
Don’t let fees be the reason you stop reselling—get strategic, stay informed, and keep flipping!
What’s your experience with sneaker-selling fees? Share your tips below or join the discussion on our Facebook page!
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I’ve been reviewing, buying, selling, and rocking sneakers since high school. Learned a lot since my first pair when I was 7 years old were And 1s (if you know you know). A lot has changed since the brand started in 2017 from reselling sneakers to now reviewing and writing informational content. The aim is to be authentic and honest with my opinions. Saucedby Lee out 🙂
