How much does Mercari take in seller fees when you sell an item?
Decluttering and Earning: The Lowdown on Mercari Seller Fees
So, you’ve decided it’s time to declutter your life and make some extra cash by selling items you no longer need. It could be clothes, old tech products, dusty baseball cards… well, anything. Great choice! You’re not alone in this venture; millions of folks are taking on some the most-popular decluttering trends while also embracing the second-hand economy.
Enter Mercari, is an online marketplace where you can easily sell your stuff and put some extra dough in your pocket. Founded in Japan in 2013, Mercari caught on in Japan before making it across the Pacific to the United States in 2014. Their growth has been dramatic and directly competed with Poshmark and eBay where users could similarly buy and sell all types of items.
On top of that, Mercari is known to have one of the lowest commissions around, Even so how much does Mercari take in fees when you sell an item?
The Mercari Selling Process: Quick and Painless
Before we dive into the commission and fee details, let’s quickly stroll through the Mercari selling process. It’s like a digital yard sale, only way cooler. Here’s the step-by-step rundown:
- Listing Your Item: Take some snazzy photos of your item (good lighting is your BFF) and create a listing. Add a catchy title and a detailed description.
- Set a Price: Decide how much you want to sell your item for. Mercari even suggests a price based on similar listings, which is super helpful.
- Shipping Options: You can choose to ship it yourself or use Mercari’s shipping service. More on that later.
- List It!: Hit that “List Item” button, and voilà, your item is up for grabs!
- Wait for a Buyer: Keep an eye on your notifications for interested buyers. You can chat with them and answer questions.
- Sold!: Once someone buys your item, pack it up securely and send it on its merry way.
Now that you’re a pro at listing, let’s talk about the nitty-gritty of Mercari seller fees.
Mercari Seller Fees: How Much Does Mercari Take in Seller Fees?
The beauty of Mercari is that listing your item is free. Yep, you read that right – no upfront fees to worry about. But, here’s the scoop on what Mercari takes once your item finds a new home. According to their Fees on Mercari page, here’s what you can expect to pay to Mercari when you sell an item
- Mercari Fee: When your item sells, Mercari takes a flat 10% fee of the item’s sale price. This fee helps keep the platform running smoothly so you can continue to declutter and earn.
- Payment Processing Fee: If you opt to cash out your earnings instantly, Mercari charges a payment processing fee of 2.9% plus 30 cents. However, if you’re willing to wait a bit, you can avoid this fee entirely by choosing the standard payment option, which takes a few business days.
- Shipping Costs: If you decide to use Mercari’s shipping service, the cost of shipping will be deducted from your earnings. This is pretty handy because you don’t have to fuss with calculating shipping costs yourself.
And there you have it – the breakdown of Mercari’s seller fees in 2023. Remember, there are no listing fees, which means you can list as many items as your heart desires without breaking the bank. For the most updated information on all the different fees, commissions and other things that may shrink your profit, go to Mercari’s FAQs.
Declutter, Sell, and Earn on Mercari
So, there you go! Mercari is a fantastic platform to declutter your space and make some extra cash. The seller fees are straightforward – a 10% fee on the sale price, a payment processing fee if you opt for instant cashout, and shipping costs if you choose Mercari’s shipping service.
If you’re new to the game, you can get up to $30 off when you click on this link or use promo code UQRTNS to sign up for Mercari. Now that you know what you need to know in regards to Mercari’s seller fees, it’s time to start listing those items and turning your clutter into cash. Happy selling!