Vinted Pro is HERE!!
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- Опубліковано 2 жов 2024
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The fact your fees eclipsed your monthly mortgage rate says it all really. eBay really are taking the proverbial here, forever increasing them and with no real benefit to business sellers to offset this. 22.5% average fees is a bit of an eye opener for those who still believe it's 12-15%. I can see Vinted Pro becoming very attractive, particularly for wearables.
Great to see your excitment George. I think that selling the same amount of stuff on Vinted you may make less than what you pay in eBay fees as almost everything seems to sell for much less on Vinted.
A video on cross listing in 2024 would be greatly appreciated. Thanks!
Just joined as Pro Seller thanks for the update
What's your page? Would love to see how it shows up
This could be the MAJOR shake up ebay needs to address looking after their business sellers... But then we are talking about ebay haha. Lets see what ebay do to counter this propersition. Fingers crossed. Thanks for the update
So exciting. YES please update us on what happened to the UTR issue and how to solve it
If eBay haven't got something up their sleeve then this inevitably will be tragic for them
I'm not sure about that. Will be interesting to see how this plays out. I've been selling on both platforms for over a year now and I price the same item cheaper on vinted. I take off the ebay fee and postage cost and people still don't want to pay that amount on vinted. Imo as it stands vinted is like an online bootsale. People want to pay peanuts. I've still done ok on vinted however ebay was/is king for higher end
@@hoondaily8824 yes you are right about people wanting things for nothing, but when buyers know they can get the same item for 10 - 20% less on vinted it will switch a lot of the buyers across from ebay to vinted. Also a lot of stores will keep the same business name so it wont be hard to locate them and find the item they want. I can see eBay being for selling car parts or electrical goods but for preloved items vinted will excel
Another thing to add....
If you Google an item you want, it'll hit eBay in the search results.
In my experience I've not seen search results for an item show up with a vinted link.
@@kiddcapri1711 yes that’s a benefit aswell as GSP which vinted don’t have. But all it takes is a buyer to go browsing and they will find it. But who’s to say vinted wont offer ways to promote listings at a better price, it’s in their hands
@@kiddcapri1711 I have when I've Google image search items
This wasn't a power move by Vinted, it was a power move by Ebay. They knew Vinted was going pro today so took steps to stop all the private sellers leaving for Vinted.
Ebay business sellers are probably too invested into ebay to leave the platform totally.
Wrong 😂😂 EBay are quickly becoming old news. Vinted have the youth, EBay are scum.
@@anonymousone777 If you say so mate. 18 million sellers and 135 million users last year don't agree.
@@anonymousone777 Vinted may have the youth but at least for buying games it's really hit and miss with quality and sellers get offended easily for just asking them to do the bare minimum in service quite often but not all are bad
I’m on eBay as a seller I pay £80 plus vat , sales have been super flat lately as I haven’t been listing . I have 500 items up some are new items and stock but some are my own old clothing comics and books I’m thinking of going Vinted with all my own stuff and keep the professional product on eBay but reduce my shop to the £30 one for now. Their fees are utterly disgustingly disgraceful . Hooray for Vinted
well done for calling out ebay mate, the fees are ridiculous!
Eventually there will be no deals on vinted anymore. I sell myself but i do feel sorry for people looking for cheap deals. Once resellers get involved the prices will go up.
You have to put your NI number instead of UTR and the phone number needs to have the +44 and dropping the leading 0 and it should then work.
Ebay are introducing a buyers fee from early 2025....
Just be aware that Vinted has some of the worst customer service going so it’s great when things go smoothly but 99% of it is run by bots so the minute a problem arises you are highly likely to be out of pocket with no support.
If you are selling high value items you should be prepared to film yourself packaging them up and keep hold of postage receipts until orders complete.
Vinted Pro also has a lot of category exclusions and doesn’t allow a lot of new with tag items either so it’s going to be good for some things and not others. Will be interesting to see your thoughts after 6 months.
It's going to be a race to the bottom. With Vinted and Pro on the same platform, business sellers will be forced to reduce their prices to compete with "personal" vinted sellers. Best prices will still be realised on ebay in the short term but it in the medium term it could also mean sellers will see a reduction of prices achieveable on ebay. One thing is for sure, we need to make sure the hassle of listing on ebay in terms of item specifics, decent photos etc, remain in place. If they go, then the 2 minute listing types will flood ebay and your sales prices will be decimated. Barriers to entry are good, not bad. Less available supply = higher prices. Be careful what you wish for.
I think atm customers are slightly older and wiser that shop in eBay , better customer service and returns for buyers, so you can get a better price. But saying that I had a Nike ACG running top on eBay for six weeks, as an experiment I put it on Vinted sold within Two hours.
@@matthewlane8630I get good prices for my items on eBay, Vinted they want it for pennies.
Same issue George. Just waiting..will all work out.
Some sole traders mistakenly believe that only limited businesses or large corporations must be VAT-registered. The truth is that both limited businesses and sole traders alike are just as liable for VAT registration because it is based on your 12-month turnover, not business structure.
You did very well George x ❤
What I don’t like about Vinted is their returns policy when an item is faulty the buyer still pays for postage?
Good news, hopefully you get in soon! Love Vinted ... from the netherlands. Vinted here is selling to italy/Spain/Portugal/France/Luxemburg/Belgium... Hopefully more countries will follow. Unfortunately UK and Germany have their own Vinted... we can not get access to. Ebay fees are ridiculous.... for me last orders fees were between 25 and 30%... crazy! If i could survive financially only with Vinted and dutch selling sites, i would not go to Ebay anymore..
oh my Gooooooooooooooooooooooooooooooooooddddddddddddddddddddddddddd!!!! Amaziiiiiiiiiiiiiiiiiiiiiinggggg!!!!!!!! ‼
"Selling Costs" includes postage as a cost
I'm puzzled by so many gushing about Vinted Pro, stuff that sells for £25 - £30 on eBay will literally be £6 - £8 on Vinted... Yeah, theres no fees, but even if we include fees, promoted listings & free postage you'll be making less on Vinted? I'm just not seeing the hype - seriously why are resellers so hyped for VP!?
Absolutely. I don't understand how now one talks about how stuff sells for so little on vinted. I can sometimes even buy stuff off vinted and resell for twice as much on ebay
I did get a reply from Vinted about the UTR issue and they asked me for a screenshot which I emailed to them so will wait and see how long it takes for them to sort it out.
yeah same here had the same message back
Very informative George, thanks.
For what you pay in fees with your shop for so many listings makes you wonder if you should have stayed private. 300… is 10 a day it’s a kick in the teeth, I think I’ll be going over to vinted pro. I’ve been paying £90 since April but the time I’ve messed with Electricals and other stuff that goes on I’m lucky to get 10 listing a day. EBay are going to lose business sellers to vinted pro! I hope you do well on there George, I’m gonna give it bash too
If you buy your shipping labels though ebay,that shows as a selling expensive,so that £1200 will be some label costs
Your selling costs also include any postage paid through eBay as well, not sure if you do that but my numbers are very similar to yours and includes my labels
Enter national insurance number and it works, but only changes to pro if u have no open orders.
damn vinted really putting the nail in the coffin for ebay
Thanks mate
Will be interesting Ebay vs vinted pro sales. Funny thing is your first ad was a vinted one 😂
Jon what he pay in fees is what u make on your best week and you call yourself a “pro” reseller go back to your 30 quid walkers mate! You might need to apply for another eBay loan Jon 😂😂😂
@@MrFlipper-tx3srGeorge's figures were for a month not a week and he has been going a lot longer than Jon. I hate people who criticise how much other people earn. What on earth has it got to do with them how much someone else earns. How much do you earn?
@@lindasheppard4752should say that to Jon he always rags about other people figures. He shouldn’t be talking about other peoples business if he can’t handle it. His channel is based on negative everyone knows this. He’s a grown man 40+ of age making videos dissing other UA-camrs and tries to cover it by justifying it by say “I say it how it is” He slates everyone that disagrees with him. He literally has problems with every community he’s been apart of look at his gym videos slating people again!
Same thing happenening to me. Vinted said update bank details which made no difference 😂
Should be good for resellers wish it was around when I was selling 😅😅
Hi George. Register as a limited company. It's about £20. Can do it in one day. I'm guessing that vinted pro are only letting registered companies sign up at the moment. You don't have to be VAT registered either at the moment, until you reach the turnover threshold of £90,000
£50 incorporation +£34 confirmation statement annually. But thats nothing compared to accountant fees
Sign up with tide, they register you for 14.99 and you get a free business bank account with them
They're dealing with big companies at the moment George they'll be sorting sole traders into November 😉
Just used my National Insurance Number to get through. Still couple hiccups with photo ID. But got the badge and verified Pro User
Be careful, it lists your NI number on your profile for everyone to see
@danmiles391 Yes just seen that. Swiftly deleted my account 😅
@@danmiles391 yes it does. Not sure what can be done with it but it is there. Sure there's still some bugs to be ironed out as it'll show your UTR Number if it accepted that wouldn't it?
@@glenrush7817 Yeah, but i'd rather have my UTR than my NI in public domain, chances are nothing will happen, but just opening yourself up to anything if its there
Can you register with your phone number which was used with personal account which vinted blocked?
Keep us updated when it actually works George
Great, just sort out the worst customer service ever on any selling platform st the moment.
Are you going to use a tool to cross list or manually relist your items on vinted 1 by 1?
I don't think offsetting the cost of fees on the buyers is a great idea. It upsets customers to see a 10% higher price than the sticker. Mercari in the US has done this for the past 6 months and my biggest complaint is "why is shipping so expensive" when the fees go to the buyer. Stick with ebay, better customer experience, and a larger market for niche items.
I have seen about using your NI number instead of UTR but I don't know if that may cause issues in the future
Having the same problem
Do you have to create a new Vinted account for Pro OR does your existing account get converted to Pro?
Hey Retro, what's the difference between vinted pro and vinted? Cus I started full-time recently, and my vinted has already like 300 plus reviews do I have to make a new account and lose the current account.
Hi George, do you use Packlink alot for postage too as thats included in that £1284.61. If you hover the mouse pointer over the little i in the circle it say's whats included in that total
Why are your fees so high on eBay? I just checked mine for Sept and my fees are 9.8%. sometimes i have seen it over 10% but not by much.
Hi everyone, where can I get ahold of Vinted about the UTR issue? 😢
Aren't you fees classed as a business expense so you get it back From your taxes?
@@gravelbags2479 you don't get it "back" you just don't pay tax on those expenses
does it mean you need to pay tax now?
you will struggle to get decent prices on vinted.
I think eventually ebay,vinted etc,will get rid of private sellers and force them onto a business account
Have i missed something?! Whats the difference between a standard vinted account and a vinted pro account apart from they just want more personal information fron you? What are the actual benefits to a Vinted Pro seller account?!?!
The whole point in it is you can sell commercially (as a business)
@dysaster4521 So no other difference then, just a Pro badge?
@@James-gx6jf yes there is a difference. You can’t commercially sell on the normal account
@@dysaster4521 plenty of people do though and I swear they've even got star wardrobe. Asked someone to take actual photos of their discs politely so I could check condition and that I thought their prices were a bit high as they were asking 2.99 for a £1 or £2 game etc and seemed to put .99 on the end of everything and they gave me a pretty rude response and started bringing up a couple bad feedbacks i had from some sellers who left me 1 star after I gave them 4 or something because their games were very damaged for being vg
Ebay much have something up there sleeves because why would you sell on Vinted and pay 1200 fees every month when Vinted pro will have no fees. It’s too much money a month to lose. What this space I say
I nearly completed the Vinted pro form but it won’t go through. Because you have to wait until your orders are complete
Ebay needs to sweeten the deal for business accounts for sure.
Bro get that account sorted quick before Jon Sheppard gets all the sales 😅 Jon shepherd doesn't sleep he lies await for you 😮
Id be wary of having a normal account and a pro account, as they just banned my pro account claiming i have multiple accounts
I thought someone said you can have both accounts, I’m pretty sure it was in the terms you can separate accounts
@@matthewlane8630yes thats what i thought to, but they just banned me, trying to see if i can get unbanned at the moment but customer service is horrendous
Can you have a business and personal account?
yes
LOL Vinted pro asks for our Tax number, that don't work but if you enter you NI number it does. HUUUUUUGEEEEE Security breach ffs
Utter rubbish application form doesn’t accept UTR or VAT number for Sole Trader
EBay and vinted are completely different eBay really shouldn’t be trying to compete should just work on there platform in there own way
I prefer selling my wares on eBay, didn't like Vinted at all, poor support when things go wrong .
I have just completed my vinted pro registration as a sole trader. Instead of UTR number, you need to enter your tax payer reference 👍
What’s this please?
UTR is your Unique Taxpayer Reference so what's the difference in numbers?
@Helloelliot-k2c sorry I meant National insurance number.
@@LloydieRock what's your page mate? Would love to see how it shows
It’s not a good idea to have your National Insurance Number out there. This is a huge mistake by Vinted
greedy pro sellers will ruin this platform and push up prices on regular people who just want a littl cash for their old clothes. meanwhile resellers buy your clothes cheap then slap 300% on it.
Totally agree. Pro Sellers will be buying stock on Vinted and sell the same stock on Vinted Pro? Price havoc…
Completely agree, they should stick to ebay
@@djme-123 yup. from reasonable prices to charity shop level prices.
Do you not think resellers already do this on EBay, Depop etc?
Pro Sellers will try to get better prices, but I believe people go on Vinted for cheap items, generally customers won't want to pay the higher (inflated) prices of the Pro Sellers. Let's see. My money's on a race to the bottom price wise
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