Mercari allows users to easily list or post the items or products they want to sell. You need not worry about meet-ups and handing the items directly over to the buyers as a seller because the company handles everything for you.
To start, you need a Mercari account with your profile picture verified with an active email address. Afterward, you have to keep this account active by posting a new listing or relist items from time to time so they get refreshed on the app.
Unlike other e-commerce stores like eBay, which charges $.35 as its listing price after 50 free ones, there is no listing fee for Mercari. You only have to take photos of your product, write a detailed description on the post, and indicate the category and item price. In this way, potential buyers would look into your listings as you are transparent about your items. You would gain their trust eventually as they make purchases as well.
Payment and Transaction Fees
While listings are free, Mercari charges you a 10% commission for every item you sell. This applies to both the website and the app. That is why you must be smart about calculating the item price. Rather than estimating without research, make sure you look around other selling platforms for similar items. This helps you gauge the appropriate price. Otherwise, you might end up getting the shorter end of the stick—a low cost of sale but with a higher commission price.
However, Mercari has a Smart Pricing feature. This allows you to easily adjust your item price based on market demand. They take note of your floor price, so they wouldn't set anything lower than that. What's good is that it is a free feature, so you can use it any time you are uncertain about your listing.
You also need to note that there is a 2.9% + $0.30 fee for every transaction or completed sale. You shoulder this selling fee or payment processing fee out of your earnings.
When you need to cancel your order, or you are unable to fulfill one, take note that there is a 5% cancellation fee from the price of your item, which can go up to a maximum of $25. That is why it is crucial to keep in touch with your buyer regarding their orders. Proper communication is key; otherwise, you will need to shoulder that cancellation fee.
In addition to this, note that when you have frequent cancellations, Mercari can remove your listings and add limitations to your account. This will make it difficult to add listings or to navigate in general. Worse, you will be unable to earn as much as you would have if your account isn't restricted.
Two ways to cash out earnings
There are ways you can easily receive your earnings from sales. One is through money transfers. Mercari allows instant pay where your income from your Mercari account is transferred to your debit card. However, they charge you a flat rate of $2.00 for this.
The second way is to directly deposit into a bank account. With this option, you need a checking account. Also, note that it takes a few business days before the money is transferred. This is free for money amounting to more than $10.
If it is less than $10, Mercari charges you $2.00 for direct deposits. In the unfortunate event that your bank rejects this deposit (there are various reasons for this, like incomplete requirements), Mercari charges an extra $2.00. So, you must ensure everything is correct, complete, and accounted for before making the deposit.
Take note there is a limit of $500 every month on the money you can transfer. Some sellers opt to save up their earnings first before making larger deposits.
The shipping fee on Mercari varies depending on your preferred option as the seller. They offer low fixed rates with various services such as USPS, FedEx, or UPS, so you and your buyers shouldn't worry about paying unreasonable shipping rates. You can offer free shipping if you opt to cover the shipping fee yourself. But if this isn't an option for you, you can opt for the Mercari Prepaid label, which will be included in your buyer's total.
The new Mercari standard shipping rates below apply to new listings starting February 1, 2022, and will be effective for existing listings on April 5, 2022. Note that seller-paid shipping rates will only change if you update your shipping option.
|Weight of Package||USPS||FedEx Ground||UPS Ground||The UPS Store - Mercari Pack and Ship (inclusions: box, packaging, and shipping)|
|0.25 lb||$ 3.72||$ 14.00||$ 11.50||$ 30.00|
|0.5 lb||$ 4.87||$ 14.00||$ 11.50||$ 30.00|
|1 lbs||$ 6.18||$ 14.00||$ 11.50||$ 30.00|
|3 lbs||$ 14.86||$ 14.00||$ 11.88||$ 30.00|
|10 lbs||$ 27.40||$ 18.10||$ 13.50||$ 35.00|
|20 lbs||$ 48.00||$ 33.00||$ 22.00||$ 50.00|
|40 lbs||N/A||$ 56. 40||$ 45.00||$ 70.00|
|100 lbs||N/A||$ 281. 20||$ 160.00||$ 300.00|
Note that if your package is more than the 45" size limit or is heavier than 150 pounds, Mercari couldn't ship it for you, so shipping it on your own is your only option. If you have questions, you can contact Mercari's customer service.
Buyer and seller protection
What is good about Mercari is they hold out the payment when an item sells until the buyer rates the seller. This guarantees there is no way for scams to occur because the rating is what gives that mark of authenticity to the seller. This gives the online marketplace an additional edge over other selling platforms.
Crosslist with OneShop
Selling on a platform like Mercari can be a profitable venture. With the correct calculations of fees and pricing of your items, closing a sale with a buyer can generate profit. While earning on this marketplace is satisfying, you can also expand your market and list on other platforms such as Poshmark, Depop, Tradesy, and eBay to increase your chances of coming across the right buyer for your items. If you are concerned about the tedious work of manually going over these platforms and listing your items again from scratch, OneShop is here to help.
OneShop is an intelligent app with thousands of resellers using it to grow their online reselling businesses. It can help you cross-list to other marketplaces with minimal effort, relist your Mercari listings, as well as delist a single item from across platforms once they get sold on another.
Furthermore, aside from conveniently automating tasks, it also offers helpful features that aid sellers with tracking sales, setting goals, and having a supportive seller in-app community.
Try OneShop and get first-hand experience on how automation can free up your time. Start your 7-day free trial today by signing up here.