Second-hand selling site with 2million UK users makes big changes to fees as fans call the move ‘HUGE’
A MAJOR second-hand selling marketplace has made a huge change to fees leaving customers overjoyed.
Depop is fully removing its 10% selling fee for users based in the UK.
From March 20 onwards, sellers listing items on the platform will receive more money from each sale as the 10% selling fee for new listings will be removed.
It will mean, for example, that those selling an item for £20, will no longer have £2 taken off the transaction amount to cover this fee.
This change will be communicated to UK users this week as part of a wider update to the firm's fee structure.
Reacting to the news on X (formerly Twitter), one Depop user said: "Depop removing selling fees is huge!"
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Another said: "Thank god," and a third said "finally".
But to fund the axed fee, Depop will introduce a small marketplace fee for buyers in the UK from April 15, 2024.
The marketplace fee will be up to 5% of the item purchase price, plus a fixed amount of up to £1, excluding taxes and postage costs.
This means that someone buying a £50 top could have to fork out an extra £2.50, plus a fixed amount of up to £1 in total - so a total of £3.50 more than they would have previously needed to pay.
The usual Depop payment processing fee will continue to apply.
These are charged at 2.9% of the total transaction amount, plus 30p.
Kruti Patel Goyal, chief executive of Depop, said: "Our mission is to make fashion circular - we want to encourage as many people as possible to choose secondhand instead of new.
"This change will give sellers more cash in their pocket from each sale, empowering our existing community - as well as those new to resale - to list more, sell more and earn more while contributing to a more circular fashion system.
"More listings means more choice for UK buyers at a greater range of price points; enabling them to find the items they love, on budget."
The online marketplace hit the headlines last October when it axed PayPal as a payment method on its app, leaving buyers and sellers alike fuming.
It come as Depop made the move to transition to its own payment method - Depop Payments.
PayPal became unavailable on October 23, 2023.
- logs the history of how much something costs from over 3,000 different retailers, including Argos, Amazon, eBay and the supermarkets. Once you select an individual product you can quickly compare which stores have the best price and which have it in stock.
- is another website that lets you compare prices between retailers. All shoppers need to do is search for the item they need and the website will rank them from the cheapest to the most expensive one.
- only works on goods being sold on Amazon. To use it, type in the URL of the product you want to check the price of.
How do other online marketplace apps compare?
There are several other online marketplaces to consider when looking to sell your clothes online.
These include the likes of Vinted, eBay and Etsy.
Some platforms charge sellers a fee or take commission that can eat into profits.
On Etsy, there is a 16p listing fee, 6.5 % transaction fee, 4% + 20p payment processing fee to take into account.
You can list up to 1,000 items a month on eBay for free.
You'll pay a commission of 12.8% on what you sell, plus a 30p fee.
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Facebook Marketplace is an easy way to sell to local buyers using your Facebook account.
Most users are looking for a bargain, so you might not get a high price, but it's fairly hassle-free and you don’t pay commission or listing fees.