In terms of fees and charges, it’s free to list on Depop but you’ll have to pay them 10% of the total sale price. The app was launched in Italy in 2011 and is proving popular with the app-savvy, social media addicts of the millennial generation. More than two million people downloaded the app in the first four years and it now has six million users. “We have something like 350,000 to 400,000 users a day,” the founder Simon Beckerman says in the Financial Times, “70% of whom are female, and a majority of whom are aged 16 to 26.” Depop is like a cross between eBay and Instagram. Users post pictures of things they want to sell and once they are sold a little yellow ‘sold’ label appears in the image. The difference with eBay is once an item has sold the user can choose to keep the picture online so they build up a mass of images that other users can ‘like’ and comment on. The more followers a user has, the more money they are likely to make from selling items. The app is free to download and listing an item is also free. Once you sell something Depop take a 10% fee from the total price. This is automatically taken from your PayPal account, and you could be charged PayPal fees as well. Avoid interest on new purchases with these credit cards The site is proving popular with fashion bloggers and so there are a variety of high fashion one-off pieces on there, so it could be a quirky place to shop.
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