Depop removes selling fees in the United States. Here's what you need to know.
by Jefferson Mao •July 16, 2024
Selling on Depop is about to get much easier and more profitable.
Starting July 18, the online resale platform will drop seller fees for all United States users, following a similar change for United Kingdom sellers earlier this year. This update will remove the 10% charge that historically came with selling items through the app.
In doing so, Depop joined Vinted as the only two marketplaces with zero seller fees. In a similar effort to reduce the fee burden for sellers, Mercari cut its seller fees entirely in March 2024.
The platform says that it will offset the cost via a small marketplace fee when you shop, which went into effect on July 15.
According to a press release, “the marketplace fee will support continued investment across the Depop marketplace, including in Depop Protection, customer support, platform improvements, and growing the community.” Some of those improvements include better and more tailored search, easier listing options, and post boosting, according to the platform.
Why is Depop Making This Change?
- Empowering Sellers: This update is, of course, intended to bring in more sellers to the platform (which already boasts approximately 35 million registered users) and, in turn, much more clothing. “We want to invite as many people as possible into Depop’s circular fashion community, and we’ll achieve that by making the experience easier, more rewarding, and more inspiring than ever," said Kruti Patel Goyal, Depop CEO, in a press release.
- Enhanced Buyer Experience: A wider selection empowers buyers with greater choice and potentially lower prices.
- Continued Platform Improvement: To support these changes, Depop will introduce a buyer fee starting July 18, 2024.
- This fee, capped at 5% of the purchase price plus $1 (excluding taxes and postage), will fund ongoing investments in Depop Protection, customer support, platform enhancements, and community growth.
Looking to bolster your visibility across other marketplaces?
Looking to bolster your visibility across other marketplaces? With diligence and strategy, you can make the most of Depop's thriving marketplace. But what about scaling up? How do you increase visibility and sales?
Sellers utilize SellRaze to broaden their reach. Imagine listing your products not just on Depop but also on additional marketplaces like eBay, Poshmark, Mercari, and Facebook Marketplace—all with a few clicks. This isn't just a convenience; it's a strategy to maximize exposure and revenue.
Ready to expand your market reach? Kickoff with SellRaze by downloading our app here.
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