So whatever unwanted items you find hiding at the back of your wardrobe, they're most likely worth selling on Depop. As the Depop app is free to download and there's no fee to list items for sale, however when you've made a sale Depop will take a 10% commission (including shipping costs).
It's good if you know what's trendy or what kind of items Depop tends to hype up. It's also good for items like a vintage shirt with a cool print from an unknown brand, for example, that people wouldn't really search for on eBay but just stumble onto on Depop and impulse buy.
Tips for successful selling and follower increase on Depop
- Be as active as possible.
- Like items.
- If you don't want to sell something you are still attached to or still love, don't.
- Don't post anything dirty or stuff like used make up or used swimsuits or bras.
- Be reasonable with your prices.
- If a celebrity you know uses the same brand or item use them in your hashtag.
If for any reason you have a negative balance in your PayPal account when you buy or sell something on Depop, you get charged the sum due to Depop for that transaction plus the pending negative balance you owe to PayPal (which might or might not be related to Depop).
Martin Lane, managing editor of Money.co.uk, says the majority of buying and selling apps such as Depop are safe, but only if used properly. “Depop has buyer and seller protection that covers all transactions made within the app. However, all purchases done outside of this are at your own risk.
To start selling and get paid, you must connect your PayPal account to Depop. You can transfer this straight to your bank account or leave the money there to use for future PayPal transactions.
The advertising fee is Depop taking their shipping $ back and their commission. So the money you get in your paypal account is what the buyer paid minus the Paypal fee. Then the payment that comes out of your paypal account is the "advertising fee" which isn't really an advertising fee.
just hit 100 sales!!so heres some advice
- list as much as you can in late summer, fall, and early winter.
- BUY FROM THE GOODWILL BINS IF YOU CAN.
- buy bulk cheap amazon polymailers.
- have an inventory over 100 items.
- dont bother with free shipping.
- use pirateship, depop shipping sucks.
- do not spam message people I STG.
The buyer has paid via credit card, which PayPal treats as an 'eCheque'. They can take 7-10 business days to clear. Don't ship your item until your payment has cleared, doing so will void your Seller Protection.
In most categories, you must accept either PayPal or credit and debit cards. If you're a managed payments seller, forms of payment will be automatically set. You don't need to do anything. PayPal is a safe and efficient way to get paid on eBay, and it's the payment method used most frequently by our buyers.
Based on my experience with PayPal, the answer is generally yes; they can hold your funds. PayPal is subject to US anti-money laundering rules and, as such, is obligated to ensure that it screens payments for suspicious activity and can hold
eBay Managed Payments
This means payments will be processed by eBay using its own servers, and money received will be sent to seller bank accounts directly by eBay. According to eBay, the managed payments option is being rolled out over the next few years, into 2021.Your email address is the only thing somebody needs to send you money. As soon as the payment has been credited to your PayPal account, we will notify you by email. You may then withdraw the funds to your bank account straight away or keep the money in your PayPal account for future online transactions.
All Depop purchases are powered by PayPal, which means you need to connect a PayPal account to Depop before you can sell items. If you're not 18, but would like to sell or buy items through Depop we always ask you to talk to your parent or guardian.
If you're still having issues when trying to connect your PayPal account to Depop, head to the app to report it by going to Profile > Settings > Need Help? > Technical issue, with a screenshot of the error message.
If someone sends funds from their bank account, it can take 2 to 3 days to be processed. If the wrong email address is used, the funds go unclaimed and will be returned to the sender after 30 days. If your account is not verified, PayPal can hold the funds up to 21 days.
You can expect at least 30 days (maybe longer) before you receive your first payment from Amazon. Amazon tranfers money to your bank account once per 2 weeks. It takes 3-5 business days for money to be credited to you bank account. Essentially 3 weeks after the sale of a product you get paid.
You'll get a full refund from Depop if the seller hasn't sent your item and you paid using the BUY button in-app. Pay attention to fakes.
You can find out more information about what's not allowed here, but one area that Depop takes a particularly firm line on is forgery: make sure you aren't selling anything that's fake. That means no counterfeits, unofficial copies or replicas.
You'll get a full refund if the seller hasn't sent your item. If the seller doesn't get back to you or the item has not been shipped after 7 days, please report in app by going to: Profile > Settings > Need help? > Buying > My purchase > Select your issue there.
Using PayPal's goods and services payment method is your best bet and above all it offers you buyer protection. You're covered if the seller sends you the wrong item or never sends it at all. PayPal guarantees you a refund on the cost plus the shipping fee you paid.
Re: Scammed through Depop
Paypal give the seller 10 days to provide a tracking number that proves delivery of the item to you and if not then you should get your refund, if the seller does not refund then paypal does under their buyer protection scheme.Here are our tips for selling on Depop.
- Take good photos. The layout will feel familiar to anyone who's a fan of Instagram – and like Instagram, the visuals are key.
- Think about your descriptions. Like on Twitter, you can use hashtags to help your products find a buyer.
- Pricing.
On the Summary page, find the transaction you wish to refund and click on it. If you don't see the item that needs to be refunded, click 'Activity' On the Transaction Details page, click 'Issue a refund'' Follow the steps to issue a refund to your buyer.
Swapping/Trades
- Agree a fair value for the items you're swapping.
- Both you and the 'swapper' list your items to swap for the same price.
- Buy each other's items using the 'Buy' button.
- Bid farewell to your item and send your swap off in the post.
To find and follow users that actually make purchases on Depop, and who may be interested in your items, follow these steps:
- Search for a keyword that describes at least some of your items.
- Click on the posts that pop up until you find one from a seller with a lot of reviews from buyers.
- Follow each of these buyers.
Generally, you never have to charge more than $11 shipping unless you're shipping a bundle (more than one item). Always triple check that you're mailing the right item to the right person, and verify that the buyer's address on Depop is the same as the one listed on their Paypal.
Poshmark is way better than both platforms. Although Depop is good for getting rid of odds and ends by branding them as ~vintage~ I've had things sit on Poshmark that sell very quickly on Depop but overall I like the Seller Interface much more on Poshmark than Depop.
You are charged fees for the items you sell, but don't receive the features eBay offers nor do you receive seller support. Between eBay and Depop, eBay is clearly the better choice. That said, there are many other marketplaces out there.
How much does it cost to sell on Depop? Listing of items is free, but a 10% fee on the total transaction amount will be charged when you sell an item (including shipping costs). There are further transaction charges.
How do I buy an item?
- Tap on the BUY button.
- Confirm your shipping address.
- Choose to purchase with PayPal or use a Debit/Credit card.
- You can see your transaction history under your Profile > Receipts.
To sell on Depop, anyone who is under 18 needs to use the PayPal account of someone aged 18 or over. We always advise younger users to have a chat with their parent(s) or guardian before making a sale.
Depop is a selling app that allows you to sell or buy through your phone by simply snapping a picture and uploading or searching for what you're looking for.
