How to Use the Depop Fee Calculator?

1. Enter the Sale Price: Input the price you’re selling your item for in the “Sale Price” field. This should be the amount the buyer will pay for the item itself, excluding shipping.

2. Input the Shipping Charge: Enter the amount you’re charging the buyer for shipping in the “Shipping Charge” field. This is the shipping cost that the buyer sees and pays.

3. Specify the Actual Shipping Cost: In the “Actual Shipping Cost” field, enter the amount you’ll actually pay to ship the item. This might be different from what you charge the buyer.

4. Add the Item Cost: Enter the original cost of the item to you in the “Item Cost” field. This helps calculate your true profit.

5. Select the Payment Method: Choose either “Depop Payments” or “PayPal” from the dropdown menu. This is important as the fee structures differ slightly between these two options.

6. Calculate: Click the “Calculate Fees” button to process your inputs.

7. Review the Results: The calculator will display a breakdown of your fees, revenue, profit, and profit margin:

• Total Sale Amount: The total amount the buyer pays (item price + shipping charge).
• Depop Fee: 10% of the total sale amount.
• Payment Processing Fee: Varies based on the chosen payment method.
• Total Fees: Sum of Depop fee and payment processing fee.
• Revenue: Total sale amount minus total fees and actual shipping cost.
• Profit: Revenue minus the item cost.
• Profit Margin: Profit as a percentage of the total sale amount.

8. Consider Volume: While the calculator shows results for a single item, consider how these numbers might scale with your sales volume. Small improvements in profit margins can lead to significant increases in overall earnings as you sell more items.

By regularly using this Depop Fee Calculator, sellers can gain a clear understanding of their costs and potential profits. This knowledge allows for more strategic pricing, helps in identifying which items are most profitable, and ultimately contributes to running a more successful Depop shop.

While maximizing profit is important, it’s also crucial to balance this with competitive pricing to attract buyers in the marketplace.