It’s apparent why Depop is popular amongst youths. It functions as a resale and social networks platform where purchasers and sellers can DM one another, like products and follow one another. In June 2021, Etsy saw possible in the growing platform and bought it for more than $1.6 billion.
How to start selling on Depop
Selling on Depop is easy: all you’ll require is a phone and a Paypal account. The app is readily available in the Apple Shop and the Google Play Shop and you can open a represent complimentary (there is a web variation of Depop however the app has more performance). You’ll likewise require to produce Paypal account in order to get payments for the products you offer.
While Depop does not charge you for having account, they do take an eliminated of each deal. Depop gathers a 10% charge for each product sold on the platform. Payments processor Paypal takes an extra 2.9% and $0.20 per deal.
As a seller, you’ll have the choice of either spending for delivering yourself or charging the purchaser for shipping. The caution is that products are more most likely to offer if you provide totally free shipping: Depop declares that your product might be up to 60% more most likely to offer if you cover the expenses of shipping.
f you select to use totally free shipping, you’ll need to integrate in that expense plus the charges taken by Depop and Paypal. If you believe your product is worth $20, shipping might cost $7, the Depop and Paypal cost would be around $2.80, so you ‘d up with $10 in net earnings, and that does not even include what you paid to get the product. In order to represent these expenses, you might wish to price your product at $30.
Despite whether your objective is to begin offering clothes as a full-time profession or to eliminate a few of the products that have actually been jumbling your closet, Depop is a simple method to begin reselling clothing and generate a little additional earnings.
Offering on Depop is basic: all you’ll require is a phone and a Paypal account. Depop gathers a 10% charge for each product offered on the platform. If you believe your product is worth $20, shipping might cost $7, the Depop and Paypal charge would be around $2.80, so you ‘d up with $10 in net earnings, and that does not even include what you paid to obtain the product.