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The REAL Reason Mercari Has 0% Fees

  Рет қаралды 6,868

Walter Blake Knoblock

Walter Blake Knoblock

4 ай бұрын

Read for yourself about Mercari and their plans for the future, make your own decision about.mercari....

Пікірлер: 133
@gotzBearhugz
@gotzBearhugz 4 ай бұрын
Sorry, just here to vent. I've only ever been a buyer on Mercari. I've never returned anything. And now I'm being charged ridiculously outrageous fees if I buy something, just so I could return it if I wanted to? Makes no damn sense! There's a $530 item I want right now, but once it's in my cart the total is over $650 😤 So I'm DONE with Mercari...
3 ай бұрын
yeah as a buyer, the buyer fees are ridiculous. its not worth buying somethings when you can find the same product in the main market space for cheaper.
@4k_king
@4k_king 4 ай бұрын
Great for the sellers, bad for the buyers, going to drive buyers away
@quail44grouse84
@quail44grouse84 4 ай бұрын
Great Video. Thx. I sell on multiple platforms and whenever the other site’s sales flatten, Mercari never fails to hum. I can’t be the only one.
@rain4242
@rain4242 4 ай бұрын
They have huge fee's now for buyers. I have bought a TON of items off there. No more going to other sites, $150 item is now $210 and the delivery fee is $8.
@WBKnoblock
@WBKnoblock 4 ай бұрын
Use your funds from things you sell to buy, then you avoid some of the fees.
@ginadefluri2422
@ginadefluri2422 4 ай бұрын
Some people like to just "buy" and not sell. I think it is too much for the buyer!!
@bellerodriguez4924
@bellerodriguez4924 4 ай бұрын
I totally agree! Very bad for the buyer. I only buy on Mercari, but no more! One of the fees is for payment processing. Ok, I think I can live with that. The other fee is a "service fee." This fee is for "it helps us improve Mercari's features and your experience." Uh, this is why I don't shop at brick and mortar! I don't want to pay for "my experience." I just want to pay for a good product! Whatever it may be! I think sales are going to drop!
@WBKnoblock
@WBKnoblock 4 ай бұрын
@@bellerodriguez4924 very good for the buyer if you have money in Mercari tho.
@rain4242
@rain4242 4 ай бұрын
@@WBKnoblock if your idea is "sellers should sell to other sellers" then mercari is going down FAST because you just priced out 90% of their base. Why would I buy a $115 sweater that comes out to $150 after fees when can i go to poshmark and buy same sweater for $120-125. This is one of the WORST decisions i have seen from app. This is like walmart charging me a yearly fee to use self checkouts what a joke!
@rcelestefelix9299
@rcelestefelix9299 4 ай бұрын
MERCARI is RIP-OFF for buyers with TWO Additional fees to buyers!!! - and they are very high! For a $21 item I am being invoiced $2.31 Service fee AND $1.41Proocssing Fee. After my shipping fee and cost of item is added, and then my 7.7% sales tax is added, the item will cost me $32.73. And even if you bundle, each item will have both these fees added to them. What good is it to have better deals for sellers and higher costs to buyers if buyers will no longer buy from them. Mercari had high profits last year. This is just corporate greed. Goodbye Mercari. I made about 200 purchases from them last year, but I am leaving Mercari for good! I got two words for Mercari, and they ain't "Happy Birthday!"
@sarahmcveety509
@sarahmcveety509 4 ай бұрын
Zip is only on Mercari. I do sell my kids out grown clothes and toy's on Mercari and I use them cause it is so easy to list being a busy Mom. Only have had 2 people out of 1,000 sales that asked for return, I said yes as a seller and the customer never went through with the return. Have had 1 item never make it to the buyers house, and this person lived in my town, Mercari paid me and gave buyer their money back. 2 buyers have said they never got their item yet USPS said they delivered it, I was paid both times. I have absolutely no problem with this new set up and will continue to use Mercari cause it is easy being a busy Mom. Thanks for your video.
@taraquo
@taraquo 4 ай бұрын
Same. I have not sold many things and have had mostly positive experiences, buying and selling.
@Mia-C-Crest
@Mia-C-Crest 4 ай бұрын
I ll be joining it!
@thecassiebee
@thecassiebee 4 ай бұрын
The same people mad about $2 don’t mind the 20% poshmark takes off each item
@taraquo
@taraquo 4 ай бұрын
Darn, that's a lot.
@5urg3x
@5urg3x 4 ай бұрын
Apples and bowling balls. Charging someone to get access to their own funds is a completely different situation. A lot of banks don't even charge ATM fees anymore.
@thecassiebee
@thecassiebee 4 ай бұрын
@@5urg3x “it’s okay if you overcharge on selling fess but that $2 is absolutely out of line!”- you right now Also, you DO get charged ATM fees if you use an ATM that isn’t from your bank.
@stevenssbargainbarn2294
@stevenssbargainbarn2294 4 ай бұрын
I don't know why they bitching about the $2 withdraw fee With no selling fee I thinking people ain't doing the math. when they make this comment I think it just the ones that pulled their money out every time they get a little sale If you have a couple hundred dollars. in your balance the $2 is not a big deal And they fussing about the return policy It's a very short window. 3 days It's not like a 30-day return policy 3 days can go past fast Look if the customer rate you before they try to return it. The return window is closed
@5urg3x
@5urg3x 4 ай бұрын
@@stevenssbargainbarn2294 Because most sellers don’t sell massive numbers… I sell one item every 2 to 3 months if I’m lucky. And as far as selling fees go, the buyer is just going to subtract that from their offer. So you’ll have to pay it either way you look at it. Charging withdrawal fees to get access to your own funds is bad business any way you slice it.
@susanweeres7915
@susanweeres7915 4 ай бұрын
I would like them to adjust the Ground Advantage for packages over 15 oz instead of having to use UPS Ground or Priority Mail
@Earthling247
@Earthling247 4 ай бұрын
The problem is charging buyers the fees. It comes to way more than 10% for the buyer. The seller never paid a fee because it’s a tax write off. Mercari wants to get interest on your money by holding it to avoid some of the fee to the buyer. This is scummy and will cause many buyers to cancel out of purchasing from the platform.
@WBKnoblock
@WBKnoblock 4 ай бұрын
Thinking they’re doing this just to earn a little bit of interest is a low IQ take, which is probably why it’s so popular on Reddit.
@greggperez2124
@greggperez2124 4 ай бұрын
So far this was the most level headed take on the Mercari fee debate ive heard so far. I have seen way too many other youtubers getting pitchforks over the changes say they are bad. Thank you for keeping us informed and actually doing some research instead of knee jerk reactions for other youtubers. I believe this is way better for the sellers and buyers. The amount of inventory they will get will in turn get more money (sales). Also you are right about the returns. People return stuff on Ebay all the time for no valid reasons so what's the difference now with Mercari?
@rcelestefelix9299
@rcelestefelix9299 4 ай бұрын
As a buyer, I see we are being screwed big time. We refuse to pay two additional high fees and we are leaving Mercari. And sellers are lowering prices to "compensate" for fees we buyers now pay . . . That sounds dumb. You are losing money right there just to avoid paying seller fees. Mercari is getting over on both sellers and buyers. Goodbye Mercari-am outta here!
@alexkg1
@alexkg1 4 ай бұрын
My main issue with the new change is the free-for-all return policy. We aren't Amazon and can easily swallow buyer's remorse for items that was new when shipped and now is used coming back.
@WBKnoblock
@WBKnoblock 4 ай бұрын
Buyers would lie if they really wanted to return something, I don’t see this making a significant difference
@robero11
@robero11 3 ай бұрын
They just went back to the old return policy.
@WBKnoblock
@WBKnoblock 3 ай бұрын
@@robero11 a bunch of sellers complained and it probably didn’t make a difference in the number of returns
@timothyjones9843
@timothyjones9843 4 ай бұрын
I have done decently with Mecari and I am planning to continue doing most of my online selling there. I learned a lot from your videos when I was choosing what online venture to use. Interestingly I have never had a return on Mecari. I see withdrawal fee as an unavoidable expense. I am nowhere near a bulk listing like you have but I have done alright and a lot of it has to do with concepts learned from you
@jenaton5767
@jenaton5767 4 ай бұрын
I generally find that buyers aren’t stupid and they adjust their offer to market value….i like to use mercari as a final mark down destination on Collectable hard goods. I agree it’s not a site for the eBay super seller and actually buy using my balance not as arbitrage but usually treats for myself and you can sometimes find better deals on mercari because it’s a person that just wants to rehome their item.
@psg1975
@psg1975 4 ай бұрын
I am with you. Not sure why people got all bent out of shape about the $2 fee to retrieve your money. Also the updated return policy has rattled feathers but I don't see the return rate going up much. People are buying items to keep them not to return them within 3 days of receiving them. Thank you for the great video! Cheers, Julien
@Dave-zl2ky
@Dave-zl2ky 4 ай бұрын
E-commerce sellers often concentrate on fees and forget the overall sales results. Yes, selling is not free and never will be.
@camelbalk
@camelbalk 4 ай бұрын
Most sane take I've heard on this. Was insanely easy for me to just go through my thousand items yesterday and adjust to the new changes. A whole lot less math to do without taking fees into account, and sales have been steady (22 items, 10 sales) over the last 24hrs. I'm here for the ride, not the doom and gloom. My thought is to change all my higher value items to free shipping to help offset excess buyers cost.
@WBKnoblock
@WBKnoblock 4 ай бұрын
A lot of resellers are not very smart. A lot ARE very smart, but it’s pretty easy to pick out who is doing this bc they love it, and who is doing it bc they don’t have any other options.
@bespoke2030
@bespoke2030 4 ай бұрын
The only problem is the buyers are paying more no matter how you slice the pie. The fees mercari is making is more and they are using this as a excuse. YOU have to charge less to offset what mercari is taking more from. Thus why they made a "automatically lower prices option" they know what they are doing. I sell on mercari and also buy so i noticed this right from the jump. The purpose of this is not for sellers to not have fees lkke they are promoting its actually for mercari to charge more at the sake of the buyers and sellers without them even paying attention. Sellers have a cash out fee and now buyers are paying upwards of almost 20% for a item extra plus shipping! The purpose of mercari is to get a good deal not pay more then retail after fees and ahipping. Another example i wanted a $25 cologne which sales for $33 retail. After checkout its $37 now im paying more then retail for a used bottle of cologne. Thiz is the true reason why they nees you to lower prices.
@taraquo
@taraquo 4 ай бұрын
I think why most people are upset is that there seemed to be no warning.
@WBKnoblock
@WBKnoblock 4 ай бұрын
I never thought about that- why do you think that work upset them? I just assume businesses are going to make changes around Q2 and Q3 marks every year.
@Variety1985
@Variety1985 4 ай бұрын
@@WBKnoblock We already know many SELLERS (to say nothing of BUYERS) are "UPSET" over these changes ... so much so that Mercari DELAYED charging the $2 ACH JUNK FEE.
@WBKnoblock
@WBKnoblock 4 ай бұрын
@@Variety1985 stop communicating like this if you ever want to be taken seriously.
@eldermillennial2000
@eldermillennial2000 4 ай бұрын
The issue I have with the $2 fee is that I made a sale 2 days before the change took effect so Mercari already took my seller fees and then I have to pay them another fee when I pull my funds. That transaction should have been grandfathered in.
@FDpicker70
@FDpicker70 4 ай бұрын
Your 1 of the only ones on you tube looking at it as a positive. When they came out with the message a few days ago I doubled down on sending offers and 7 sales later… I won’t take my money out unless I pass $20. After that mark it’s a win.
@Variety1985
@Variety1985 4 ай бұрын
WOW ... that's a 20% TAKE on YOUR MONEY.
@susanphelps9674
@susanphelps9674 4 ай бұрын
I got scammed on Mercari and had to return it. Nothing but crap. Maybe this will weed out some of the scammers that post junk. Just recently started posting as a seller. Will wait and see. Heck when you go and withdrawal money out of an atm from your bank when it is not your bank you pay a fee.
@Tnic79
@Tnic79 4 ай бұрын
I like your Videos , They helped me get started on Ebay for some extra dough. Thank you.
@Chicago48
@Chicago48 4 ай бұрын
Good video explains it.
@cherylbajangem
@cherylbajangem 4 ай бұрын
I took this in stride because im gonna wait and see how it plays out. Mercari has been good for me and i don't do a deposit with every sale. I do have to go in and finishing fixing my listing and I'm dropping some prices.
@eclipsefm
@eclipsefm 4 ай бұрын
No fees for Zeller. Customer has to pay those fees now.. that is the reason..
@MillenialFalcon90
@MillenialFalcon90 4 ай бұрын
The returns really affect small sellers who either haven't generated traffic enough to make up for losses or just arent doing it as a hustle. The trouble is it leaves people vulnerable for scams much easier b.c i think people are under the impression that fair due proccess like sending in picks of the products defects or whatever will not be as enforced and so anyone can take advantage. All i can say is wait and see how this all levels out🤷🏽‍♀️
@shellsbitsandpieces
@shellsbitsandpieces 4 ай бұрын
The way that it appears to me is that the fees sellers used to pay, buyers now have to pay. No matter what platform you use, to either buy or sell, there will be fees. I'm okay with the 2$ ACH fee that Mercari is charging sellers to withdraw funds. I guess that no matter who is charged the fees, fees are part of buying/selling online. As a seller, I can lower my prices a bit since I'm not being charged the fees. My question is how long will this be the thing? Great video!
@ArthurMoler
@ArthurMoler 4 ай бұрын
Not mentioned, I think maybe not aware, but referring to FBMP, They have just changed their policies, seller fees for items that are shipped are being changed to 10% seller fee, Local pickup still does not get hit with a Fee. We will continue on Mercari, we do well there and are perfectly happy with them. Good fair video though. Thank you. My only fear though is with over 2000 listings, they were quick enough to give me a tool that would reduce all prices by 10%, and I did, but I am afraid they are going to come back and split this and add a fee back to sellers, but I would bet they will not give us the same tool to raise all 2000+ listings by that same percentage.
@finkstudios
@finkstudios 4 ай бұрын
Love Mercari and interested to see how this works.
@thomasfrench2012
@thomasfrench2012 4 ай бұрын
Did they ever get around to supporting labels instead forcing sellers to print on an 8.5 x 11? Perhaps if they want more sellers, they should make the selling process easier. I know, I am crazy for suggesting such an outlandish idea....
@stevevash4772
@stevevash4772 4 ай бұрын
You can print labels the right way now.
@thecassiebee
@thecassiebee 4 ай бұрын
Yes, this comment is dumb.
@collectiblestoastonish
@collectiblestoastonish 4 ай бұрын
The return aspect to the new TOS is really what I'm not happy with it. I think what would have made this better all around would have been 0% seller free but seller pays processing fee and transaction fee. And maybe offer returns on Clothing?
@deborahgarvin8818
@deborahgarvin8818 4 ай бұрын
Mercari went in and dropped all my item prices by 10%. So not paying the seller fee is no longer a savings for me the seller. I’m shocked they can get away with that. Sellers set their own prices. I thought. I’m not upset by this really but I think it’s going to be a shit show ultimately.
@seaveyda
@seaveyda 4 ай бұрын
I think it would have been so funny if they gave people the option for no seller fees or no $2 transaction fee how many people would have chosen to have seller fees still 😂 The $2 transaction fee is so not important in the grand scheme.
@ResaleDojo
@ResaleDojo 4 ай бұрын
LOUD NOISES!!!
@mikewaggoner7228
@mikewaggoner7228 4 ай бұрын
Hey can you tell me if you ever used eBays vault option? It said it’s only 3% of the sale price instead of the 10-13%
@WBKnoblock
@WBKnoblock 4 ай бұрын
I have not
@mikewaggoner7228
@mikewaggoner7228 4 ай бұрын
@@WBKnoblock ok I was hoping if you had maybe you’d done a video or a review of it. I’ve got (2) cards on eBay, 1 is $1,000 and the other one is $900 but eBay fees are going to kill me and was hoping not to pay their 13% sellers fee
@WBKnoblock
@WBKnoblock 4 ай бұрын
Nope, never used it. There’s probably nothing wrong with it if you know what you’re doing and take some time to read whatever terms it might have that are different from regular eBay.
@charlesm9530
@charlesm9530 4 ай бұрын
It was a good idea, Mercari may have to fine tune this new plan in the coming months. Ebay’s fees are getting really high if you promote items, making it not worth the effort.
@taraquo
@taraquo 4 ай бұрын
I'm just going to wait it out and see what happens. Thank you for your input on this. Very informative.
@scottschendel1223
@scottschendel1223 4 ай бұрын
Mercari has no one to blame but themselves. The platform isn't setup or meant to be for full-time resellers. Sellers with huge stores don't want to sell on there cause the items go into a black hole after a few days after listing.
@WBKnoblock
@WBKnoblock 4 ай бұрын
I don’t think there is any wrongdoing, so no blame
@susanweeres7915
@susanweeres7915 4 ай бұрын
So refresh your listings
@mommyface2675
@mommyface2675 4 ай бұрын
ebay fees are high and so are poshmark. i'll stick with mercari.
@KTTreasures
@KTTreasures 4 ай бұрын
Thank you for such an information video. The best I have seen.
@Gnomesmakemesmile
@Gnomesmakemesmile 4 ай бұрын
I thought you had to have 10 dollars to pull the money out.
@Mari-hb4cw
@Mari-hb4cw 4 ай бұрын
Past tense, that’s when direct deposit was free… now you pay $2 regardless so you can probably withdraw any amount.
@DianeRobinson-nb7rq
@DianeRobinson-nb7rq 4 ай бұрын
Just wanted to say you rock Blake!! Love your content!!
@indyphotoguy3746
@indyphotoguy3746 4 ай бұрын
It doesnt seem like the worst thing to me, as a seller. Some buyers may be surprised to see additional fees when buying. However my price can be more competitive/lower with not having to pay fees. Also the way I feel about being charged 2 bucks to withdraw is that doesnt bother me. Because as long as I dont need to withdraw weekly then I should make more money off not having to pay the selling fees. I think it hurts buyers more but it may encourage more ppl to sell things to fund their purchasing habits. This is interesting. I hear some ppl are upset bc they feel blindsided by this...well you can always find somewhere else to go if you dont like what they are doing
@WBKnoblock
@WBKnoblock 4 ай бұрын
The “being blindsided” complaint is an odd one to me. I don’t relate to it at all. Seems like they’re just looking to complain.
@LD-rz9ek
@LD-rz9ek 4 ай бұрын
@@WBKnoblock as a buyer, yes i was blindsided when was given an offer, it automatically went through my paypal with the additional fees added. I didn't know or agree to pay those ahead of time, but Mercari just took it without warning. I've deleted the app as that's BS. Mercari shouldn't dump fees (2 different fees) on people who are your buyers (and don't sell). We'll leave.
@LawnSeating
@LawnSeating 2 ай бұрын
Dude you have had one too many alcohol drinks
@WBKnoblock
@WBKnoblock 2 ай бұрын
I have about 10 alcoholic drinks a year. Sounds like a you problem.
@stevenssbargainbarn2294
@stevenssbargainbarn2294 4 ай бұрын
watch a few videos about macari update you the only one basically See the update of the changes like I do Well in the last week or so they did Imagine everybody talking about mercari but I do see mercari will i do see later on they will start saying promote your items and get buyer to your items to sell faster
@WBKnoblock
@WBKnoblock 4 ай бұрын
???
@mommyface2675
@mommyface2675 4 ай бұрын
why were the buyers ok wih me getting hit with fees ontop of lowballing my items to boot. tables are turned they don't like it. i got hit with 15% fees on each item before.
@abcamacho6187
@abcamacho6187 4 ай бұрын
😂😂😂😂 now you won't we able to sell sh*t lol
@bryanmarcia4104
@bryanmarcia4104 4 ай бұрын
I tried to buy a $73 item plus 4.99 shipping and even with my balance of $53 it comes out to $41 😂😂😂
@WBKnoblock
@WBKnoblock 4 ай бұрын
If you aren’t buying it all with balance then you pay the full service fee
@bryanmarcia4104
@bryanmarcia4104 4 ай бұрын
@@WBKnoblock ridiculous
@MM88205
@MM88205 4 ай бұрын
getting ready to go live....possibly
@hobowithagun24
@hobowithagun24 4 ай бұрын
Great vid
@celestino001
@celestino001 4 ай бұрын
In reality FBMP isn't that bad
@WBKnoblock
@WBKnoblock 4 ай бұрын
It’s not bad, but it’s a good replacement for Mercari
@stacyhacker8375
@stacyhacker8375 4 ай бұрын
It works ❤
@mzzzol
@mzzzol 4 ай бұрын
Hi Im the first one I was thinking about how they are going to make money.
@WBKnoblock
@WBKnoblock 4 ай бұрын
Buyers are paying fees, long terms they plan on making money the way banks to (generalized)
@Chicago48
@Chicago48 4 ай бұрын
Merc is on its last breath. This is a hail mary IMO. Other platforms are eating its lunch, so they had to do SOMETHING to attract sellers. Merc's customer service is lacking.
@WBKnoblock
@WBKnoblock 4 ай бұрын
It isn’t. I posted links to their financials. It’s growing. They need more sellers to continue to grow.
@rapstar4575
@rapstar4575 4 ай бұрын
Wow
@WBKnoblock
@WBKnoblock 2 ай бұрын
Double wow
@joannashere9091
@joannashere9091 4 ай бұрын
Yeah people are freaking out on Facebook. Hey, if they want to leave, more sales for me!
@rcelestefelix9299
@rcelestefelix9299 4 ай бұрын
This us the problem . . . Selfish dog-eat-dog attitude. And evidently you don't care that we buyers are paying two additional high fees to cover the cost of "no fees to sellers". On $60 purchase they added $12 in fees, and my total was $80.23. I cancelled purchase. I quit buying on Mercari. Less buyers = less sales.
@abcamacho6187
@abcamacho6187 4 ай бұрын
She said MORE sales 😂😂 lmaooo alot of buyers aren't going to purchase your items.
@BIG-DRE-GRAPHIC-TEES
@BIG-DRE-GRAPHIC-TEES 4 ай бұрын
I've been getting A lot of 5 dollar offers lately so it's disappointing to see the up tick in low ball offers But that's why I am on a total of 6 platforms right now So I can always be getting sales somewhere
@wolfysays6311
@wolfysays6311 4 ай бұрын
What do you use (software, hired help) to keep up with 6 platforms?
@papawoody9597
@papawoody9597 4 ай бұрын
I assumed it was because they wanted to.shoot themselves in the face. I went to buy a $200 item. I was figuring on $20 in fees, including delivery. When I saw almost $60 in fees, I emaiked them to let them knkw where they could shove their fees, and closed my account. I think they're going to learn a hard lesson that consumers don't like fees. Or at.least they dont like SEEING fees. A buyer gets converted to a shopper when the amount they expected to spend goes up 25% at checkout. Put the fees back on sellers and let sellers up their prices to cover them, and make them invisible to buyers. If the buyer balks at the price or can't afford the item, they may be bummed, but they won't be pissed off like they will when they get Pearl Harbored with ridiculous fees at checkout. I doubt anyone who has ever bought anything on eBay actually believes in "free shipping", unless they also believe in the Easter Bunny. However, most buyers want an "out the door price" or very close to it. A bunch of of fees popping up puts people off as it smells like some used car salesman bullshit.
@WBKnoblock
@WBKnoblock 4 ай бұрын
They should change it to an out the door price
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