WHAT IS MERCARI?
Mercari is an online store that was established in 2013 for the sale of old goods. Similar to eBay, it enables you to sell brand-new things, but its emphasis is on “decluttering your life” by allowing you to sell stuff you no longer use.
You may expect to discover everything from apparel to gadgets on Mercari because there are hundreds of different product categories. It differs from other platforms like Poshmark in terms of product variety and lower commission rates.
Additionally, you may haggle with the dealers to get a decent deal. According to the firm, Mercari currently has over 20 million active monthly users. Additionally, it is accessible via a smartphone application that has been downloaded 50 million times alone in the US.
Mercari is undoubtedly a trustworthy software because many people use it to purchase and sell things. It does, however, have con artists, just like any other market.
HOW DOES SELLING ON MERCARI WORK?
Mercari provides sellers with an easy method to make some additional money by selling excess items. Reselling goods on Mercari is another side business you might start to get additional revenue.
Whatever the situation, listing and selling your products follow a similar procedure. Therefore, let’s briefly go over how Mercari functions for sellers.
Finding Products
Find the things you wish to offer as your initial step. The easiest method to find inspiration is to browse Mercari’s categories and subcategories, use filters, and go through experienced vendors’ listing pages.
In addition to giving you some new ideas, this might help you comprehend the most popular products offered here. But feel free to advertise any unwanted items you have on Mercari if you wish to get rid of them. On Mercari’s website, however, be sure to review the list of items that are not permitted.
Creating a Listing on Mercari
It’s time to register and post your goods on Mercari once you’ve decided what to sell. Making use of the photography advice for online product sales, it is a good idea to take a few pictures in advance.
You must provide your item’s specifications, a succinct description, and a title when listing it. Making the proper pricing decision for your goods is crucial, so make sure to research similar products’ prices on Mercari.
Although used things might range widely in condition, don’t be afraid to set a price that you feel is fair. Using the Smart Pricing feature is an option if you’re still unsure. It prompts you to enter starting and minimum pricing and then continuously changes them in response to demand.
Getting Paid
Both Instant Pay and direct deposit are available as ways to withdraw money from Mercari. For a $2 charge, Instant Pay sends the money virtually immediately to your debit card.
A direct bank deposit, on the other hand, can take up to five days. Direct transfers are cost-free for payouts of $10 or more.
Commissions and Seller Protection
Mercari is a preferred option for sellers because of its low commission rate, among other things. Even better, there is no price up front to list your items on the marketplace.
10% of the total order value is the commission fee that Mercari charges. Additionally, $2.9% + $0.30 are taken out for processing payments. The actual charge is therefore 12.9% + $0.30 more.
Furthermore, if you utilize Instant Pay or if the amount of your direct deposit is less than $10, you will be charged a $2 withdrawal fee. In addition, the delivery charge will be taken from your account if you give customers free shipment.
Mercari provides up to $200 protection for lost or damaged items during shipping as a way of protecting sellers’ interests. Without your consent, Mercari does not let customers to cancel any orders unless the item was misrepresented, damaged, incomplete, or arrived late.
