Attention resellers!
Have you heard of Depop’s new fee structure?
One of the most important things to keep tabs on is Depop’s fee updates.
We know navigating fees can be confusing, but fear not – we’ve simplified it all for you.
In this article, we’ll break down all the latest fee changes on Depop UK, so you can stay in the loop and keep your business thriving.
Let’s dive in!
- What is The Cost of Selling on Depop?
- How Can I Calculate the Total Amount of Depop Fees?
- Navigate Depop Fees With Confidence!
- Frequently Asked Questions (FAQs)
What is The Cost of Selling on Depop?
Starting your reselling journey on Depop comes with its own costs, but don’t let that scare you away!
From listing your items to finalizing a sale, there are a few charges you’ll encounter.
These fees are a small price to pay for access to Depop’s large audience of 35 million users and user-friendly seller features.
There are several fees sellers should know about:
Depop Selling Fees
Also known as Depop commission fees, these seller fees are charges placed on each item sale price.
The Depop commission fee is paid to the marketplace to be used on platform maintenance such as improving customer support, marketing, and technical upkeep of the Depop app.
UK Sellers (LATEST 2024 CHANGES)
For UK-based sellers making sales in GBP (£), here’s some great news: there are absolutely no selling fees!
In fact, this exciting update was released in March 2024 and applies to all new listings created from March 20th onwards.
Instead, UK buyers will encounter a marketplace fee of up to 5% of the item price (+ a fixed amount of £1).
Non-UK Sellers
Unfortunately for sellers outside the UK, Depop’s commission fees remain the same.
Sellers will incur a 10% selling fees charge on the item price (excluding taxes), and shipping cost if they haven’t used a Depop Shipping label.
Depop Payment Processing Fees
Also known as transaction fees, these charges are incurred whenever a transaction is made through the platform.
There are two types of payment processing fees you should know about:
Depop Payments Fee (UK and US Sellers)
Depop Payments is the platform’s integrated payment system and it allows buyers to use various payment methods including debit card, credit card, Apple Pay, and Google Pay.
What’s great about this system is that your funds will be available in your balance immediately after a transaction is complete and the buyers will have a seamless checkout experience.
You can view your balance in the Payments section of your Selling Hub.
Your payout will then be transferred to your linked bank account 10 business days following the date of the sale.
Sellers in the UK will be charged 2.9% + £0.30 on the total transaction amount (including taxes and shipping costs).
Sellers in the US will be charged 3.3% + $0.45 on the total transaction amount (including taxes and shipping costs).
PayPal Fee (Outside the UK/US)
Sellers based outside the UK and US need to connect their PayPal account to their Depop as Depop Payments isn’t available to them.
PayPal, like all other payment processors, will charge all sellers a transaction fee each time a sale is made.
The amount will vary depending on your location, so be sure to check this out directly through PayPal.
Depop Shipping Fees
TIP: Add the cost of shipping to your listings’ price and offer free shipping to appeal to potential buyers.
Shipping costs will largely vary based on the seller’s location and their shipping option.
UK Sellers
There are two main shipping options for sellers located in the UK:
- Depop Shipping
This service allows sellers to ship their items to buyers using a prepaid shipping label directly through Depop (via Evri).
Simply print and attach it to your parcel!
Your items will also be fully tracked and eligible for Depop Protection in case they are lost or damaged in transit.
Depop offers various shipping options based on the size and weight of the item:
Item Weight | Shipping Price |
Small <1kg | £2.99 |
Medium <2kg | £4.49 |
Large <5kg | £6.49 |
NOTE: This service is only available for shipping within the United Kingdom, so if you are looking to sell internationally, you must arrange your own shipping.
- Your Own Shipping
If you decide to arrange shipping with your own provider, you’ll escape Depop’s shipping fees.
This allows you the freedom to select a courier service that best meets your needs.
Just keep in mind that you will need to use a tracked service or Depop won’t recognize your order as shipped.
US Sellers
There are two main shipping options for sellers located in the US:
- Depop Shipping
By using this service, US sellers will get access to a pre-addressed and prepaid label directly through Depop (via USPS).
Here are the shipping options based on the size and weight of an item:
Item Weight | Shipping Price |
XX-Small <4oz | $4.49 |
X-Small <8oz | $5.49 |
Small <12oz | $6.29 |
Medium <16oz | $7.99 |
Large <2lb | $10.99 |
X-Large <10lb | $13.49 |
NOTE: This service is only available for shipping within the United States, so if you are looking to sell internationally, you must manage your own shipping.
- Your Own Shipping
Arranging your own shipping means that you will be free to choose your own courier service.
Just remember to opt for a service that offers tracking.
Find out more: Depop Shipping Guide
Boosted Listings Fees
Boosted Listings is an optional Depop tool that helps sellers promote their listings by pushing them higher in search results, category pages, and featured sections.
This is a great way to boost organic traffic to your brand, but of course, it comes at a price.
The boosting fee is an 8% charge on the item price and shipping cost unless you have opted for Depop shipping.
Cost-effective Alternative: Bot for Depop
While Boosted Listings is a useful tool, it comes with a pretty steep price.
Consider using a Bot for Depop instead; not only is it cost-effective, but it has more features too!
From automatically relisting and delisting your items for boosted visibility to automatically refreshing items to stay on top of Depop’s search, a growth bot is a fantastic way to invite more buyers to your brand.
Check out SellerAider’s bot for free here.
How Can I Calculate the Total Amount of Depop Fees?
We’ve covered a wide range of fees, so we understand if the task of calculating the total amount seems complicated.
However, doing so is important to find out what the potential profit from each item sold could be.
There are two ways you can find that magic number:
Do It Manually
Good old pen and paper, or even an organized Excel sheet with some strategic formulas will do the trick!
Start by jotting down all the costs associated with your item:
- What are the shipping costs?
- How much did you pay to source your product initially?
- What is the item price?
- What are the relevant fees?
From there, subtract all these costs from the original item price and you will end up with your estimated profit.
Use a Depop fee Calculator
A Depop fee calculator can automate the entire process and help you find out your estimated profits in just a few seconds.
All you have to do is input the item cost, shipping costs, and the percentages of fees Depop and third-party companies (like PayPal) take.
Try out our free Depop fee calculator here.
Navigate Depop Fees With Confidence!
Depop offers access to millions of potential customers in one place. With user-friendly integrations, features, and seller tools they make running your business a breeze!
However, selling on the app comes with several fees worth considering. Staying informed about Depop’s fee updates is vital for sellers to manage their brand on the platform effectively.
With the latest changes in 2024, UK-based sellers can celebrate the elimination of selling fees, while others must continue to navigate the existing fee structure.
Here at SellerAider, we create automation software that helps Depop resellers make the most of the platform- making those pesky fees a worthwhile investment.
With several automation tools for all users’ needs, we have made it our goal to help you optimize your listings and make more money in the long run.
Sign up for a FREE trial for our bot for Depop here.
Frequently Asked Questions (FAQs)
Why is Depop taking so much money?
Depop makes money through commission and marketplace fees. They use these profits to maintain the app, advertise, offer extra services, and stay competitive.
How can I increase my profits despite Depop’s high fees?
Crosslisting your products to other resale platforms is key to improving your profit margins. Selling on multiple places at once means that your items will get more visibility, increasing your likelihood of successful sales.
Opt for crosslisting software that will automatically transfer all your listings to the marketplaces of your choice in just a few clicks.
Try Crosslister for free here.
Find out more: How to Crosslist
Is Depop hard to sell on?
Understanding what item sells well on Depop is key if you are looking to increase your purchase rate. For example, GenZ fashion and vintage clothes are especially popular on the platform.
Find out more: Tips to Sell Fast on Depop