If you are going to sell your cell phone or tablet online, you can get the most money from auction and fixed-price marketplaces. Websites such as Ebay, Amazon, Swappa, and Glyde can connect you with interested buyers for your mobile device. However, all of these websites charge a fee to use their services, which should be considered when choosing which website to sell your device with. I’ll compare the fees for the top mobile marketplaces; please keep in mind this is a comparison for sellers in the United States and the currencies are in US Dollars.
Ebay’s seller fees may seem complicated at first, but after reading this page you will know exactly how much their fees will cost you. There is a large combination of different fee types and premium features you can buy for your Ebay listing, so I’m only going to list the fees that I incur selling cell phones my way which is the same as what you would incur if you follow the rest of the guides on CellSolo. Check out the Ebay fee calculator if you want to quickly estimate your selling fees.
Insertion Fees: When you list an item on eBay, you may be charged a listing (or insertion) fee. Thankfully, there is a $0.00 insertion fee for cell phones. Insertion fees for your first 50 listings per calendar month are free. This applies to 7-day auction listings only which is what I recommend using.
Final Value Fee: After your cell phone or tablet sells, you’re charged a final value fee. Final value fees are calculated based on the total amount of the sale and are charged per item. The total amount of the sale is the final price of the item, shipping charges, and any other amounts you may charge the buyer. Ebay charges a final value fee of 10% the combined sale and shipping price.
When selling your mobile device on Ebay, you will need to accept payment with PayPal which has its own costs in addition to Ebay fees. PayPal fees are considered necessary transaction costs when selling online, and they allow you to accept credit card and money transfers from the buyer’s bank account. PayPal charges the seller 2.9% plus $0.30 for every transaction. This percentage is applied to the total amount of money transferred from the buyer to the seller.
Swappa’s fees work differently than Ebay. Swappa is a fixed-price only marketplace which means all phones and tablets are listed at a buy it now price and the buyer can’t bid on the devices like you can with an auction. Swappa charges a fee only if the device is sold, and they charge the buyer rather than the seller a flat $10. However, this $10 is tacked onto the selling price that the buyer sees in the marketplace so you should consider this when determining a competitive price to sell the phone for.
Just like Ebay, Swappa also uses PayPal to complete money transfers and payments from the buyer to the seller. The seller will incur the same fees from PayPal of 2.9% plus $0.30.
If you are selling less than 40 items per month on the Amazon Marketplace, then you don’t have to pay their subscription fee. I’m assuming most of CellSolo’s readers are under the 40 mark if they are only selling used cell phones and tablets.
On Amazon, there is a selling fee and a referral fee. The selling fee is a fixed $0.99 per device that you sell. Additionally, Amazon deducts as a referral fee a percentage of the total sales price (the total amount paid by the buyer including the item price and any shipping or gift wrap charges), excluding any taxes collected through Amazon tax collection services. Amazon charges 8% as a referral fee for every cell phone or tablet that you sell on their marketplace.
Luckily Amazon has their own payment service which allows you to receive the funds from the buyer without an additional fee. However, you cannot use PayPal with the Amazon Marketplace. You must use Amazon Payments.
You don’t have to pay an upfront fee to list your device on Glyde. When your item sells, Glyde deducts 12% on the first $100 of the item’s sale price and 8% on the rest. Glyde charges up to $6 to send you a prepared and prepaid shipping kit to send your device in.
There aren’t any additional transaction fees. After the buyer makes the payment to you using Glyde’s payment system, the money can be transferred to your bank account for free.
|Total Item Selling Price||$315.00||$315.00||$315.00||$315.00|
|Fee||10% (final value fee) + 2.9% + 0.30 (PayPal)||2.9% + 0.30 (PayPal)||0.99 (selling fee) + 8% (referral fee)||12% (first $100) + 8% (rest) + $6 (prepared shipping)|
|Calculated Fee||$31.50 + $9.44 = $40.94||$9.44||$26.19||$12 (first $100) + $17.20 (rest) + $6 (prepared shipping) = $35.20|
|Sale Net Of Fees||$274.06||$305.56||$288.81||$279.80|
As you can see above, some marketplaces will allow you earn a higher profit from buying and selling used cell phones. However, keep in mind that just because there is a smaller fee, doesn’t mean there will be as many interested buyers.