Social Followers18.7kFansFacebook20.8kFollowersTwitter1.8kFollowersInstagram636SubscribersYouTube112FollowersLinkedIn136QuoraLove Counter. ' says Grinvald. Also, similar pairs can be compared on the StockX site. Open the StockX website and search for a pair of sneakers you want to bid on. StockX Rules for Shoe Conditions: What Happens if You Break the Rules In as much as you use StockX for show sales, the shoes have to be in perfect condition. StockX is committed to real products and manages its own authentication process. Or they can place an 'Ask.'. Hip-hop icon and Detroit native Marshall Mathers (a.k.a., Eminem) is an investor in StockX, but his ownership percentage is not known. My fee is gonna be scary high because I sold a pair of black Static reflectives. How to Package Shoes for StockX. StockX: Want to know more? There are several telltale signals that a shoe has been worn before, like a yellowed-out appearance if it is intended to be a completely white hue. In this article, well cover everything that you need to know. But dont go overboard either, there is such a thing as an over-wrap. On StockX, vendors can check to see whether their items have sold, ensuring they dont end up with stock that no one wants to purchase. Continue reading to learn more about StockXs authentication process. Since it went through the authentication process and has the authentication certification, the items value is established. Im very scared. Create an account to follow your favorite communities and start taking part in conversations. Enter the changes you want to make. While not a Chinese company, StockX has a verification center in Hong Kong, China, to support customers in the Asia Pacific region. But if you love hunting for the best price, spending some time and effort might pay off. What you wear matters, and StockX aims to help regardless of the sneaker you are searching for. I've emailed them, I hope it's a mistake. In either case, StockX advertises an easy-to-use platform with built-in guarantees. Win free shoes, organize your shoe closet, see the latest styles + more, About Perhaps that was a breach of her contract, but it was not an issue of counterfeiting, Grinvald notes. Asks, Sell Now, shipping, verification and payment info. Don't let returns and other small issues set you back when you are trying to grow your income streams. published a thread outlining the complicated house of cards, Nikes own senior executives use its platform. The StockX platform aims to provide a safe place for you to shop and a safe place for sellers to know they will be paid for their authentic goods. Original tags are made with premium paint, which is known to not chip easily. However, real and fake tags can have a different hue. StockX does not allow returns. How did you knowingly package wrong?? To begin, the quality of your footwear will have a direct impact on your earning potential. There are some clear rules about what kind of packages StockX accepts. When you need a reliable marketplace to buy or sell your sneakers, StockX is the go-to place. Are shoes worth less without the box? Then you can bid or pay the asking price on any sneakers that catch your fancy. Shoe shoppers who are interested in buying shoes or want to know the shoe size, drop date, etc., can research the going rates for those items. Some StockX customers have paid exorbitant resale rates on sites like eBay and Reddit, only to get counterfeit versions of the sneakers they ordered. Structural integrity, yellowing, and discoloration issues are often raised as concerns with older pairs of deadstock. The buyer pays the shipping costs for the new items. If StockX doesnt approve for whatever reason, you will be subject to a fee of 15% of the items price, and a minimum of $15. Nike might argue such a shoe is counterfeit, but, at the end of the day, it was made by Nike! says Grinvald. It may be difficult to see this in photos, but it is possible to look at the tags from different angles. Experienced sellers have mentioned that StockX tends to be most lenient with their shoes in fact, some sellersonlysell shoes on StockX for this reason. A reseller can either post goods with a fixed price or set it up for bidding. Then you send the items out for authentication by StockX. Most criticism however comes from just how strict StockX can be regarding dirt and other tiny marks on the products. A phony tag is easily identified by its chipped paint and messiness. ), Can You Sell Used Shoes On Stockx? Your email address will not be published. Make sure to toggle the button from Buy Now to Place Bid and then enter the amount you have in mind. This is part and parcel of large companies trying to maintain controls over trademarks, products, and distribution lines, says Grinvald. We are not affiliated with or endorsed by any company unless otherwise noted, nor do we speak in any official capacity on behalf of any third-party. Once everything is authenticated, you will receive your payment. Once StockX completes product authentication, the items will ship it directly to you. Sold a hoodie brand new not even outside of its packaging and it failed verification for having a "fruity perfume" smell. They may notify law enforcement if they are sent fake shoes through their webpage. Nike has doubled down on litigation against StockX in a heavyweight lawsuit between the biggest shoe manufacturer in the world and the hypebeast shoe resale platform thats now valued at $3.8 billion. As a last resort, you can try selling them at a garage sale or a flea market. While StockX endeavors to have your product arrive in perfect condition, they cannot control the shipping. Instead of sellers sending items directly to buyers, they must first send them to a StockX verification center to be authenticated. Of course, Nike might not actually care about the counterfeiting of a few shoes unto itself as much as this lawsuit might imply. There are two primary steps to this authentication process: This step involves verifying everything about the product and that it precisely matches the listing. By doing this first, StockX confirms every order matches. Unfortunately, fakes are a common occurrence on StockX. StockX will automatically charge you, and the seller on the other side of StockX will start packaging your shoes or anything else you might have bought. I hope that youve found this article helpful. Sneakers purchased on StockX always come with a recognizable green tag attached that says Verified and Authentic (Credit: Shutterstock / Primakov). Select the Bid you want to change and click on the green little pen button on the right. Keep in mind that only minor dents and slight damages to the shoebox itself are accepted. Except in special cases and if StockX approves. Shipping worldwide. If the shoes are returned to the seller, StockX will return them to the original owner. Privacy Policy. StockX is a reliable platform and uses its own rigorous authentication to make transactions safe. It is harder to identify a fake streetwear item. Then select the Buy or Bid button when youre ready to place a bid. Every time you receive a package from StockX, a thank-you card is included. Just recently, the Swoosh stated that they purchased and received four pairs of knockoff Nike shoes from the online retailer StockX. Privacy Policy, Brands So I bought shoes and StockX sent me a message that seller should ship them to StockX in two days but it is already the third day after my payment and I dont have any notifications about my order and the order status on StockX is still "Waiting for Seller to Ship". Of course, all payment plan options are subject to terms and conditions. This figure does not include weekends or holidays. However, they may also wish to pass off a fake item as real. Now it's time to place the original shoebox into the shipping box. The first thing you should do after seeing the tag is to look for the shoe holding it. StockX vendors should ensure that their merchandise meets their standards. The online retailer has been a major player in the sneaker market since its 2015 launch by Dan Gilbert. Make sure that the barcode is not covered. As a seller, you will first need to set up an account and post your listings. StockX - The live marketplace of current culture. All of these actions are taken to expedite shipment to the customer as soon as possible. StockX will accept the shoes even if the box is slightly dented but will not accept them if there are rips or other major evidence of damage. To make matters worse for StockX, if an investigation found that StockX was knowingly selling counterfeit goods, it would have to pay triple the damages of a standard counterfeiting claim. If someone else made the same Bid, youd see that there are two live bids for that amount at the moment. (Full Details). ), Which Is Better, Goat Or Stockx? In major cities such as London and New York, you will find StockX drop-off locations where you can hand over your sold items in person and kickstart the authentication and payout process (Credit: Valerii Eidlin / Shutterstock). Press question mark to learn the rest of the keyboard shortcuts. Unfortunately, the sneaker and athletic industries are not immune. Regrettably, you wont only need to be wary of worn-out footwear. Although there is a section on the StockX website dedicated to B-grades, StockX prohibits the acceptance of factory seconds there. If something does not ship, then StockX will attempt to find another item that matches the parameters. I want to warn you that my English is bad. Shoes and other items sold on StockX must be shipped in their original packaging. They are unworn. Shoddy ass service. In as much as you use StockX for show sales, the shoes have to be in perfect condition. For more information, please see our If you have any doubts about the authenticity of these tags, you will be able to scan the tag with your smartphone. I want to warn you that my English is bad. In total, these businesses have sold hundreds of thousands of units and have touched millions of lives. (Everything To Know! Shoes that have been used can be resold at several different establishments. Nike has doubled down on litigation against StockX in a heavyweight lawsuit between the biggest shoe manufacturer in the world and the hypebeast shoe resale platform that's now valued at $3.8 . You can just put on the shipping box without using the tape. The closest case was filed in 2011, when Coach sued former employee Gina Kim who, the company claimed, was selling counterfeited Coach bags on eBay. . Scroll down a bit and choose the duration of your Bid as well. Then last week, Nike upped the legal ante: It added an accusation of counterfeiting on top of its existing trademark suit, claiming that it purchased four pairs of fake Nikes from StockX. Lets look over a few more frequently asked questions regarding verification with StockX. StockX is a huge marketplace for items like high-end sneakers, streetwear, collectibles, and accessories. What If The Fake Shoes Made It To The Customer? (Nike, having not minted these NFTs itself, claimed StockX was misusing its trademark by minting NFTs from Nike shoes.) Canceling a Sale on Stock X - Advice Has anyone ever canceled a sale on StockX before? 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