Table of Contents
To ensure quality and authentic items, we only allow a select group of sellers. We encourage you to request to become a seller on GOAT by tapping on the Sell tab on the app and filling out the required information. We’ll notify you as soon as your request has been approved.
How easy is it to sell on GOAT?
Selling process: To sell on GOAT, you need to apply. Once you become an authorized seller, you can list your shoes online. If a sale is made, you will ship the shoes to GOAT for them to be authenticated. Once everything checks out, the money will be deposited to you.
How long does it take to become a verified seller on GOAT?
Once we receive your sneakers, it will take 1-2 days for authentication. Your earnings will be added to your GOAT account for cash out as soon as our specialists have authenticated your sneakers.
How much does it cost to sell on GOAT?
The amount of the commission fee is 9.5% + seller fee for a seller in good standing. The commission fee can increase to 15% + seller fee and a maximum of 25% + seller fee depending on the number of seller cancellations and verification issues, as described in more detail below.
Is GOAT or StockX better?
The main difference between the two is that on GOAT you can buy used sneakers, where as StockX only sells pairs that are brand-new. But the service works the same as StockX: You can bid on shoes or buy them instantly, and GOAT will also authenticate them before they’re shipped to you.
Can I sell clothes on GOAT?
Nonetheless 1661 went ahead and began selling clothing on its app in October, which prompted Goat Fashion to begin legal proceedings in December. Oct 2, 2020.
Can you sell on GOAT under 18?
Users of the Service must be at least 18 years old or have the permission and acceptance (to these Terms) of a parent or guardian. Access of the Service by anyone under the age of 13 is prohibited even with parental or guardian consent.
What are GOAT buyers fees?
First, they take a low commission. GOAT takes a 9.5% cut of the sale, compared to eBay (via Paypal) of 13% and Flight Club at 20%. Second, they protect buyers and sellers.
What are eBay seller fees?
If your item sells, eBay keeps a portion of the sale. This final value fee for most categories is 12.55% of the sale price or lower, plus $0.30 per order.
Are goats trustworthy?
GOAT is a heavily moderated marketplace that is very safe to buy or sell your kicks on. They’re an established business that have been around for several years now and know the ins and outs of the industry.
Is there tax on GOAT?
GOAT collects sales tax on sales of taxable items shipped to applicable states affected by the Supreme Court decision and will continue to monitor additional states that may require sales tax collection. Sales tax will apply based on a buyer’s shipping address rather than a buyer’s billing address.
What is missing lid on GOAT?
‘No Lid’ on GOAT simply means the shoes come without the lid from the box. Typically these shoes are purchased from outlets and are stocked lidless.
What does B grade shoes mean on GOAT?
B-Grade: Sneakers with manufacturing flaws usually available at outlet stores. An easy way to get rare colourways at cheaper prices. Beaters: The sneakers you wear on an everyday basis whatever the weather. Bred/Bread: Any sneaker with a black or red colourway.
Did GOAT get sued?
The trademark infringement and breach of contract case got its start in December 2019 when Goat filed suit against 1661, Inc., arguing that the similarly-named resale upstart was “willfully disregarding” its well-established intellectual property rights, namely, its rights in the “Goat” trademark in the U.S., which May 11, 2021.
Who owns the GOAT clothing line?
Eddy Lu is a co-founder and the CEO of Los Angeles-based GOAT Group, a website for selling and reselling sneakers and luxury apparel.
How do you get a listing on GOAT?
After your account is approved for selling, you can tap the Sell tab to list your items. Start by searching for the SKU, which can be found on the box or inside the item, enter the condition, price and take the required photos.
Is selling on GOAT anonymous?
Since you send your sneakers to either GOAT or StockX after you’ve sold some sneakers, you remain anonymous. However, you pay a fee for that whenever you’re selling sneakers through one of these platforms.
What does se mean in shoes?
SE – Special Edition. PE – Player Exclusive. Shoes that are made exclusively for an athlete and is not to be released in the market.
What does EP on GOAT mean?
Ep stands for Engineered Performance.
Do goats own inventory?
GOAT is a resale marketplace for authentic sneakers that enables sneakerheads to buy and sell authentic sneakers. GOAT makes money in the same way that most marketplaces do. It takes a percentage of each sale. This is called the “revenue split model” because GOAT doesn’t own any of the inventory.
How does GOAT work for buyers?
Sellers, including retailers and boutiques, list their items for sale on GOAT, while buyers peruse over a million listings. Resale products, including sneakers, are required to ship to us for verification first to ensure they are authentic and as described. Once verified, we’ll ship them to you.
What is the highest selling GOAT rating?
All sellers begin with a seller rating of 90 and the minimum commission fee of 9.5% + the seller fee. For each seller cancellation, 10 points will be deducted from the seller rating. For each successful sale, 2 points will be added to the seller rating.
How do you sell on eBay for beginners?
Log in to your account and click “Sell” in the top right-hand corner to get started. Step 1: Identify your product. Step 2: Choose between Auction-style and fixed-price selling. Step 3: Set your listing duration. Step 4: Price your item. Step 5: Set up shipping options.
Who pays for shipping on eBay?
When the item sells, the seller collects a shipping fee from the buyer. The seller selects the appropriate shipping method, prints the appropriate shipping label, and pays the appropriate postage from his/her PayPal account.
How much does eBay take from a sale 2021?
If you have a Store subscription and eBay manages your payments Basic, Premium, Anchor, and Enterprise Store subscribers Most Business & Industrial categories, except: 11.7% on total amount of the sale up to $2,500 calculated per item 2.35% on the portion of the sale over $2,500.
