With the growing market in the e-commerce industry, marketplaces like Depop and eBay have made popular userbases throughout the world. Although their target audiences and product categories are very different, they both make great marketplaces with millions of users worldwide.
1. Products to Sell
Listing a product on Depop is absolutely free but there are many restrictions on what you can sell on this platform. Depop mainly focuses on vintage or branded clothes and accessories, therefore attempting to sell any restricted object may end in facing legal notices from Depop.
On the other hand, eBay lets their users buy and sell anything including clothes and electronics to vintage collectibles. Although there are a limited number of free listings each month, it can be a great marketplace to sell miscellaneous items worldwide.
2. Commission Fee
Depop charges a 10% fee on each sale and there are no charges for listing or promoting your item on the platform. The commission fee is automatically subtracted from your Depop Balance once the buyer pays you.
The commission policy of eBay is complicated and the platform charges for various services. There is a specific number that you can post for free each month but if you are a professional, that less listings will not be enough for your brand. In that case, eBay will charge an insertion fee based on the number of categories, relisting, and duplicate listings. eBay also charges a final value fee which is charged only after an item sells. This fee is calculated as $0.30 (or ₹24.68) per order, plus a percentage of the total amount of the sale.
The most interesting service that Depop renders is the ‘Make Offer’ where buyers and sellers haggle the price of the items without going back and forth on the chat. Apart from that Depop is originally a social media platform, hence it allows users to follow and like their favorite sellers and products and also host community discussions on the forum.
eBay allows the seller to promote their products through ‘Classified Ads’, which is a type of eBay listing in which the transaction and buyer-seller communication occurs outside of the platform. In such cases, eBay does not charge any final value fee.
Depop lets the sellers ship their products in two ways, one with Depop’s shipping service and another way is, to ship the parcel by themselves. In the case of shipping with Depop, the platform provides a shipping label and picks up the package from the seller’s address to deliver it to the customer, Depop calculates and charges the cost accordingly. If the seller opts for personal shipping, they can create and download the shipping label, then use any third-party postal service to ship the item.
Like Depop, eBay also allows sellers to meet and personally deliver the item if the buyer mutually agrees on it. They can also eBay’s integrated postal services to ship items locally as well as internationally.
Once you make a sale on Depop and the buyer pays you via Depop payments, i.e., Apple Pay, Google Pay, or through credit/debit cards, your transaction, and the profit after subtracting the commission are processed in your Depop Balance. You can access and transfer this amount anytime through your linked Paypal account or bank account.
eBay pays its users in a weekly or monthly cycle which can be chosen while registering. It usually takes 1-2 days to process the payment from the customer and can be tracked in your ‘Payments tab’ in ‘Seller Hub’ or ‘Payments’ in ‘My eBay’. After subtracting your commission the remaining visible amount can be directly transferred to your checking account or Visa or Mastercard debit card.
It is always important to know about the website and its pros and cons before listing your products. Both platforms provide similar and different features that may pique your interest. See what suits you best and fulfills your needs first. Also, don’t forget to take your target audience into consideration while making the decision. There is no clear winner in the battle of selling on Depop Vs eBay, both have their own wins and losses so choose wisely.