eBay Eliminates Sneaker Seller Fees for the First Time and Unveils New December Drop Series

Press Release from eBay

SAN JOSE, Calif., Dec. 17, 2019 /PRNewswire/ -- Today, eBay, the online marketplace offering the widest and most unique inventory of sneakers, launches zero selling fees for the first time for North America customers on any sneakers sold at $1001 or more. Buyers win too; the marketplace announces a month of drops, celebrating the biggest designer collaborations, top brands, and rare grails of the year.

Today, eBay announced the marketplace is eliminating sneaker seller fees in North America on any sneakers sold at $100 or more, and unveils a new December Drop series.

The drops signify the continued dominance of eBay in the sneaker resale game, with nearly six million total sneakers sold on eBay in 2019.2With almost 1.5 million live sneaker listings3 right now, the move is only expected to grow eBay's amazing selection of new, rare, and emerging styles across every price and time zone.

"As the originator of the sneaker resale game, eBay continues to be a top source for emerging and collectible styles, and with high demand, we want our sellers and buyers to get in on the action," said Jeff Chan, Head of Men's Footwear and Apparel, eBay. "For our community of diehard sneakerheads, eliminating selling fees allows them to turn their kicks into more cash to fund future purchases, and results in a more robust sneaker inventory for shoppers everywhere."

Cop the Drops

Beginning today at 9am PT / 12pm ET, eBay kicks off their 'December Drop' series4 to celebrate the most hyped sneakers and the biggest moments in sneaker culture this year. Teaming up with top seller, Stadium Goods, shoppers can cop the Yeezy 700 in four-different colorways, Nike X Sacai LD Waffle collection, Air Jordan X Travis Scott and more. Check out what's dropping this December below.

  • Week of 'Sneaks':Four days of Yeezy, all under retail. eBay will drop a different colorway of theYeezy 700daily at 9am PT / 12pm ET on @eBay's Instagram.To shop each release, check back daily and click the link in bio. Each pair will be at the below retailprice of $215.

Release Calendar:
Tuesday, Dec. 17: Yeezy Boost 700 'Analog'
Wednesday, Dec. 18:Yeezy Boost 700 'Inertia'
Thursday, Dec. 19: Yeezy Boost 700 'Geode'
Friday, Dec. 20: Yeezy Boost 700 'Salt'

  • 2019's Best of the Best of 2019:eBay will round out 2019 celebrating the biggest releases in sneaker culture this year. Together with Stadium Goods, eBay is dropping eight of the hottest styles and collaborations of the year. The seven-day auction event begins at $0.99; and shoppers can bid starting on Thursday, Dec. 19at 8pm PT / 11pm ETthrough Dec. 26 at eBay.com/sneakers.

Meet eBay's 2019 Best of the Best:
Air Jordan 1 x Off-White NRG "Off-White UNC":Since its shock drop by Nike, the final colorway of the Jordan 1 Off-White continues to garner fanfare. It's the easiest of the J1 colorways to cop, but prices have climbed faster than the previous two colors.
Available sizes |9, 9.5, 10, 10.5

Air Jordan x Travis Scott:The biggest brand coupled with arguably the hottest artist in the game has yielded one of the best collabs of the year, maybe of the decade.
Available sizes | 8, 8.5, 9, 9.5, 10

Air Force 1 MCA:Dropped exclusively at Virgil's Pop-Up experience in Chicago, this sneaker was only available by geo-reservation. One of the most limited stocks from the entire Off-White Nike Jordan collection.
Available sizes | 9, 10, 11

Yeezy Boost 350 v2 Black Static Reflective: The most coveted colorway of any 350; reflective material and Yeezy Supply exclusivity make it unbeatable.
Available sizes | 8, 9, 10, 11, 12

Yeezy 700 Magnet: Released exclusively on Yeezy Supply, this colorway has a similar feel to the highly coveted Wave Runners. Great consolation for those who missed out on the OG colorway.
Available sizes | 8,8.5, 9, 9.5, 10, 10.5, 11, 11.5, 12, 13

Nike Off-White Dunk Low University Gold: Dunks are back in a big way in 2019, so it's fitting that Virgil took this iconic silhouette and made it his own. One of three colorways to drop from this collection with hype continuing to build as the December drop day is around the corner.
Available sizes |9

Nike x Sacai LD Waffle Collection:Arguably one of the most desirable drops of the year after a surprise launch in Paris.

Nike x Sacai LD Waffle Green Gusto
Available sizes |5.5 ,6, 7, 8, 9, 10, 11
Nike x Sacai LD Waffle Varsity Blue
Available sizes |6.5, 7.5, 8.5, 9.5, 10.5

Zero Selling Fees

The heart and soul of eBay is the tens of millions of people that sell on the platform. The unveil of the 'December Drop' series follows eBay's sold out pre-release of the Air Jordan 11 "Bred" made possible by seller Chris Holbrook, also known as Sneaker Jesus. In partnership with Chris, eBay shoppers copped the coveted release without the wait. The drop sold out in less than four minutes5.

A self-professed sneakerhead since he was little, Chris has built a thriving online sneaker store. In the past year, he has grown his business from $100K to $1.5M in sales6 on the marketplace. Chris is one of millions of small businesses who partner with eBay to turn their passions into global sales.

Eliminating seller fees on sneakers sold at $100 or more7, every collector - from the occasional seller to the full-time entrepreneur - is encouraged to take advantage of the hype and list what millions of buyers on eBay are searching for now.

How It Works

  • Download the eBay mobile app.
  • Click on Selling, then List an item.
  • Start typing in the shoe brand and model. Prompts will help you complete a listing.
  • Be sure to list in adult Athletics Shoes categories to qualify.
  • When you finish, click on List an item to publish.
    For additional information, learn more here.

New "2019 Sneaker Resale Report" | Five Biggest Trends in 2019

To celebrate 2019, eBay tracked what's on every sneakerhead's wish list with its "2019 Sneaker Resale Report," detailing the year's top trends according to sales data8.

The top five trends and styles include:

  • Fan Favorite: Air Jordan 1
    • One of the world's most popular sneakers, the Air Jordan 1 dominates, coming in as the #1 sneaker of 2018 and 2019.
  • Breakout Collaboration:Nike x Sacai
    • One of the most buzzed-about styles of the year, the Nike x Sacai LD Waffle wins eBay's breakout collaboration of 2019.
  • Hottest New Release: Adidas Yeezy Boost 350 V2 Black
    • The adidas Yeezy Boost 350 v2 is the top Yeezy release of 2019 on the marketplace.
  • 1985 Vintage Original OG Nike Air Jordan 1
    • One of the rarest and most coveted pairs sold this year from seller ShoeZeum, the 1985 Original OG Nike Air Jordan 1.
  • Best Collab: SpongeBob SquarePants x Nike Kyrie 5 "SpongeBob"
    • Kyrie Irving's 90's TV-inspired sneakers was the most popular collaboration of 2019, beating the #2 collab from LeBron James by almost 34%.
  • Top Brand: Nike
    • Sneaker shoppers' loyalties are with Nike. The brand accounts for nearly 40% of total sneaker sales, coming in as the most sold brand on eBay.

To shop the drops and millions of sneakers, visit www.eBay.com/Sneakers. Don't forget to check out eBay's Instagram (@eBay) for the marketplace's Week of 'Sneaks.' And to get started selling, visit here.

eBay Sneakers By the Numbers

  • Nearly 6 million sneakers have sold year-to-date in 2019 on eBay in North America
  • A sneaker is sold every 1.5 second on eBay
  • There's nearly 1.5 million average daily live listings for sneakers

eBay By the Numbers

  • eBay has 1.4 billion plus listings
  • eBay has 183 million active buyers worldwide
  • 72% of items ship for free in U.S., UK and DE
  • 80% of all merchandise sold on eBay is new, and our wide selection keeps growing
  • 63% of transactions on the eBay platform involve a mobile touchpoint
  • 490 million downloads of eBay Inc.apps across the globe

About eBay

eBay Inc. (NASDAQ: EBAY) is a global commerce leader including the Marketplace, StubHub and Classifieds platforms. Collectively, we connect millions of buyers and sellers around the world, empowering people and creating opportunity through Connected Commerce. Founded in 1995 in San Jose, Calif., eBay is one of the world's largest and most vibrant marketplaces for discovering great value and unique selection. In 2018, eBay enabled $95 billion of gross merchandise volume. For more information about the company and its global portfolio of online brands, visitwww.ebayinc.com.

1Applies to sneakers sold in Men's and Women's Athletic Shoes; qualifying price does not include shipping, handling, taxes, or fees. Additional information: https://pages.ebay.com/sell/sneakers-faq.html
2
Numbers based on eBay North America (U.S. and Canada) 2019 sales data.
3Numbers based on eBay North America (U.S. and Canada) 2019 sales data.
4Drops available while supplies last. All drops offer global shipping from eBay's Global Shipping Program.
5Numbers based on U.S. sales data on December 13, 2019.
6Data based on 2019 North America (U.S. and Canada) sales data.
7Applies to sneakers sold in Men's and Women's Athletic Shoes; price does not include shipping, handling, taxes, or fees. Additional information: https://pages.ebay.com/sell/sneakers-faq.html
8
Numbers based on eBay North America (U.S. and Canada) 2019 sales data.

Shop eBay's December Drop series in partnership with top seller Stadium Goods. The marketplace closes 2019 with a month of must-have drops, featuring four days of Yeezy below retail and the biggest styles of 2019 from Nike x Sacai to Air Jordan x Travis Scott.

The unveil of the ‘December Drop’ series follows eBay’s sold out pre-release of the Air Jordan 11 “Bred” made possible by seller Chris Holbrook, also known as Sneaker Jesus. The drop sold out in less than four minutes.

Seller: Chris Holbrook of Sneaker Jesus. Holbrook is one of millions of small businesses who partner with eBay to turn their passions into global sales.

eBay's new "2019 Sneaker Resale Report" reveals the top trends in sneaker culture in 2019 according to sales data.

eBay (www.ebay.com)

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SOURCE eBay Inc.

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