Because of this, it is crucial that you only sell genuine shoes on StockX and that you wrap them securely. StockX was founded in 2015 by Dan Gilbert, Josh Luber, Greg Schwartz, and Chris Kaufman. How can you make sure you dont fall for duping? But what happens if StockX rejects the item? Even shoes that have only been worn a few times can be purchased and resold on StockX. While StockX endeavors to have your product arrive in perfect condition, they cannot control the shipping. You might also try listing them for sale on one of the many online sales and shopping sites (like Amazon, GOAT, or eBay). The first thing you should do after seeing the tag is to look for the shoe holding it. You should check for your eligibility before deciding on this option. This link will generate a self service portal to help you . What Happens If StockX Doesnt Approve Your Item? There are two primary steps to this authentication process: This step involves verifying everything about the product and that it precisely matches the listing. (Full Guide! Selling on StockX. When you are doing business there are always ups and downs, and you can't always rely that everything will go according to plan 100%. It will be easier to tell a fake tag from one that is real if you have a StockX tag. Although there is a section on the StockX website dedicated to B-grades, StockX prohibits the acceptance of factory seconds there. You will receive active tracking information at this point. 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. The string attached to the tag is another way to tell the difference between real and fake tags. If the item was sold for under $100, you will be charged at minimum a $15 fee. This might sound like a clich, but in many ways, its true. one of the rare instances where StockX will cancel orders for buyers. Obviously, their policy on counterfeits is a good one we can all agree that nobody should be allowed to get away with selling fake shoes. Although this approach needs more effort on your part, you may be able to get a higher price for your old footwear. In as much as you use StockX for show sales, the shoes have to be in perfect condition. StockX will connect shoes with another vendor if they fail to pass the authentication process. This allows customer to feel confident that they are only purchasing authentic, brand-name merchandise. Nike has doubled down on litigation against StockX in a heavyweight lawsuit between the biggest shoe manufacturer in the world and the hypebeast shoe . The Detroit-based company StockX is a legit online marketplace for buying and selling sneakers (Credit: T. Schneider / Shutterstock) Sellers who produce fake products will face penalties on StockX. As a seller, you will first need to set up an account and post your listings. The reasoning behind the decision involves the implied deal that bidding suggests. Your account can be subject to a penalty fee if you fail to ship the item within the allotted time period (typically two business days), or if you sell and ship StockX an item that does not meet our condition guidelines and/or isn't authentic or doesn't exactly match the item as it is described on StockX in any way. Celebrities Make sure to toggle the button from Buy Now to Place Bid and then enter the amount you have in mind. Another warning indication is a break in the shoes midsole; this happens more often with worn-in shoes than with brand-new ones bought using Nikes SNKRS application. We recommend using a payment method that matches your shipping information as well as other information on your account. They want to charge me 15% of the sale price for "processing". The strict authentication process guarantees buyers 99.5% accuracy. To make sure you get it right, StockX even gives you an example of what not to do, in order to avoid making any mistakes. How are the import duties, sales tax, and Buyer processing fees calculated? In this article, were going to guide you through the steps of packaging your shoes. StockX refers to the shoes they buy and sell as deadstock sneakers. Converse shoes that have never been worn are known as Deadstock. Most of the time, they are still in their original packaging and seem to be brand new. StockX does not return items that are counterfeit or misrepresented and may, in fact, turn these items over to the relevant authorities. Over on Twitter, UNH Franklin Pierce School of Law professor Alexandra Roberts published a thread outlining the complicated house of cards for StockX in this situation. He started his first blog at the age of 11, and has since gone on to start several successful businesses. All contents of the factory-sealed box must be present. Additionally, the StockX support team does consider cases on an individual basis. You can buy from other StockX users directly, or you can place a bid and see if they accept it. 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. 2 How to spot fake StockX tag 2.1 Step 1: Check the font on the front of the StockX tag 2.2 Step 2: Closely inspect the StockX logo on the authenticity tag 2.3 Step 3: Inspect the StockX card that comes with the tag 2.4 Step 4: Flip the coin and analyse the text on the rear side of the coin Therefore, this one of the most strict rules that StockX enforces. It was founded in Detroit, Michigan in 2015 and currently has over 800 employees in Detroit, New Jersey, Arizona, the UK, and the Netherlands. 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 . StockX is pretty specific about how they accept the shoes from sellers. 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. 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. And that means theyre brand-new, never worn, and usually less than five years old. Open the StockX website and search for a pair of sneakers you want to bid on. Depending on the exact reason StockX declines your . Create an account to follow your favorite communities and start taking part in conversations. Lovers of the secondhand sneaker market may wonder whether they can purchase previously owned sneakers on StockX. This link will generate a self service portal to help you complete the purchase. Use tape to close the box safely. For sellers, the process is not that different. I want to warn you that my English is bad. 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. And it will be the reason why StockX instantly rejects your shoes. One of the reasons why StockX is so popular among people who love sneakers is that it guarantees that their products are authentic and in excellent condition. Right now, there are drop-off locations in London, New York City, and Los Angeles. . Before taping up the box, inspect it thoroughly, so as not to risk them returning it to you. #GotItOnStockX When you place a bid, you can choose to make it live for one day, three days, a week, two weeks, a month, or two months. While not a Chinese company, StockX has a verification center in Hong Kong, China, to support customers in the Asia Pacific region. However, they may also wish to pass off a fake item as real. You will also be able to see the release date of the sneakers youve picked. 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. ), Waiting For Seller To Ship On Stockx (What It Means! 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. Are shoes worth less without the box? Privacy Policy. 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. Should your Bid fail, you will be required to enter a new payment method to complete your transaction. Shoddy ass service. If StockX does not approve your item during their verification process, the item will be returned to you and you will be charged 15% of the final sale price of the item. The Detroit startup does not condone the sale of fake or illegal goods. The Detroit-based company StockX is a legit online marketplace for buying and selling sneakers (Credit: T. Schneider / Shutterstock). Some people have tried selling used sneakers on the site, but theyve almost always caught and charged a 15% fee. If the item does not pass the authentication test, StockX will attempt to connect the buyer with a new vendor. A user can either click 'buy now' and submit a bid. Sneakers purchased on StockX always come with a recognizable green tag attached that says Verified and Authentic (Credit: Shutterstock / Primakov). Thanks for reading this massive vent. (What To Know! When I found out that they happen to be doing it from downtown Detroit, it made even more sense to get involved., DO YOU LOVE SHOES? Shoes Accessories, Copyright Your Next Shoes 2010 - 2023 |, Why Emma Stone Agreed to Appear Nude in The Favourite Despite Dads Threat, Why Priyanka Chopras Baywatch Failed to Make a Splash, increase in counterfeit goods on the market, Shopping Guides for Clothing, Shoes and Accessories, Zendaya Brings Old Hollywood Glam to 2023 SAG Awards in Pink Valentino Gown, Channing Tatums Top 10 Movies According to Critics, Brendan Frasers Emotional SAG Award Win for Lead Film Actor for The Whale, How Jon Hamm Met His Much Younger Fiance Anna Osceola, Keke Palmer and Darius Jackson Welcome Their First Baby, Leodis Andrellton. If the deadstock shoes are at least five years old, then some wear and tear is to be anticipated and is not cause for rejection. Minor single corner damage Minor single corner crushing or minor lid rip Minor box wear and tear Examples of Box Conditions That Will Likely NOT Meet StockX Condition Standards Extensive crushing of one side/corner Missing part of the box or major rip Damage from animal presence . They do accept older sneakers as well, but theyre examined differently. . In addition to having the laces, the shoes must be laced up for StockX to accept them. StockX will ship the item only after it has been verified. If you want to connect with James, follow him on your favorite social networks! Some sneakers are sent directly from China. ' says Grinvald. Grinvald says that if she were StockXs internal counsel, she would advise they settle with Nike, and she believes thats the most likely way this story ends, especially given Nikes almost infinite legal resources, and its own reputation for aggressive legal pursuits to protect its intellectual property. If a bank account is linked to the PayPal account, this could prevent a successful purchase. Should your Bid fail, you will be required to enter a new payment method to complete your transaction. To make the distinction, you can first use the string colour. Required fields are marked. We recommend using a payment method that matches your shipping information as well as other information on your account. . What should I do? StockX recently sent back the shoes that I sold for $195. Some sellers have expressed frustration, believing that StockX is a little bittoostrict with some of their authentication processes. Learn how StockX ensures our products are legit. Do I have the right to be scammed by a seller selling me fake sneakers? Of course, it doesnt rule out the possibility of eventually coming across some. Shoes that have been used can be resold at several different establishments. Manufacturers actually audit for counterfeiting regularly, and they buy their own products from retailers all the time, according to Grinvald. It might be something accidental, that you havent noticed, and now youre shipping it to StockX. The authentication process typically takes a few business days. 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? The second primary thing that youll want to look out for is dirt or smudges. I have NO idea why it failed, NO idea if Im getting my shoes back. ), How Long Does Stockx Take To Ship? Extras, like shoelaces, might also be included in the package. This implies that the footwear is spotless and in good condition. In such instances, the buyer does not incur any additional costs. Scroll down a bit and choose the duration of your Bid as well. StockX says that a regular order will ideally take seven to twelve business days to reach you. If you choose to Buy Now, and your purchase attempt is unable to be accepted, you will see messaging prompting you to a link that will help you verify your personal information. Seller is not shipping my order to StockX. Dont even think of trying to sell very dirty sneakers on StockXs marketplace. In this article, well cover everything that you need to know. Extras are often supplied with deadstock shoes. But what if they were such good counterfeits that they were completely indistinguishable from the real thing? What happens next? Here on JamesMcAllisterOnline.com, he shares his knowledge that brought him to where he is today. 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 . But it also increases their legal vulnerability to a counterfeiting claim. Some sneakers can pass the inspection without laces, without having been tested on for size, and with a few minor manufacturing flaws, just like with any other shoe examination. How Does Bidding Work on StockX? Do you have used shoes and wish to sell them on StockX, but you dont know if the company permits the sale of used shoes? These are your two options for buying items on StockX. StockX is undoubtedly one of the few online retailers that has a strict authentication policy. Its going to be tricky for StockX to defend, says Grinvald. StockX urges the sellers to make sure they follow the steps correctly. Finally, look for noticeable scratches on leather or rubber. In these cases, you should contact support. You can either wait for someone to meet your ask price or click sell now after you have a few bids. I just had a pair of Jordan 1s fault and I have the receipt from SNKRS when I won the drawing. What happens if StockX rejects your shoes? StockX: Want to know more? Save my name, email, and website in this browser for the next time I comment. Since we are a marketplace, with live pricing, your transaction will not be completed automatically. What if they claim its fake, or not in proper condition to sell? Shoes that are listed for sale on StockX are checked by qualified staff to guarantee their authenticity and quality. You can also use the string to determine authentication by checking if you are able to put it together. I'm just angry and sort of scared since I'm a full time student and was selling the shoes in the first place so I could afford to eat this week, not so I could pay StockX $50 I don't have. Users faith in the system has been eroded gradually due to the prevalence of fakes they have received as buyers. ), Which Is Better, Goat Or Stockx? These items include size, color, condition, and other parts of the invoice. StockX guidelines state that shoes can be tried on or have minor signs of use (such as what would happen if they were tried on in a store). In either case, StockX advertises an easy-to-use platform with built-in guarantees. And yet . Now it's time to place the original shoebox into the shipping box. Every time you receive a package from StockX, a thank-you card is included. But over the course of the trial, the facts came out: These were actually legitimate Coach products that Kim had gotten on discount as an employee, and she was simply flipping them for a profit. What happens if I sell shoes on StockX do they surround the shoes for. Asks, Sell Now, shipping, verification and payment info. Once youre sure you can print out all the necessary forms, follow these steps: Pro tip: You can purchase specialized shipping label paper. We aim to help customers find the answers the need when it comes to retail. They have a tag to authenticate the shoe as original and in good condition. If you choose to Buy Now, and your purchase attempt is unable to be accepted, you will see messaging prompting you to a link that will help you verify your personal information. they are still, technically, unauthorized Nikes. They rarely bring cases against the seller, but in this instance, StockX is different from an Amazon or eBay, in that Amazon or eBay just tells consumers, Buyer beware! Web Keep hustling everyone! SUBSCRIBE! Hello. (Full Details, Prices + More!). StockX does not consider this a return. You can resell anything you get from StockX. In this case, eBay won. Shipping worldwide. And its no different when youre trying to sell your shoes on StockX. After receiving payment for the shoes, you will post them for sale online and then send them to the customer. Some acceptable flaws are minor discolorations that are entirely uncontrollable. Sneakers have been a canvas ever since the item was invented. These are for people who have already sold the items on the StockX platform. Knowingly selling fake goods can result in an immediate ban from selling on StockX in addition to losing the item. Your email address will not be published. They have insider knowledge and expertise that most people do not. Of course, Nike might not actually care about the counterfeiting of a few shoes unto itself as much as this lawsuit might imply. Unfortunately, StockX does not allow you to cancel an order or bid once it is accepted. Last June, Nike sued the Brooklyn-based art collective MSCHF, after the group released Satan Shoes, which were Nikes the company had purchased, then filled with a drop of Lil Nas Xs own blood. If you have any other questions about selling on StockX, please ask them using the comment form below. As a last resort, you can try selling them at a garage sale or a flea market. Does anyone else have experience with this? If you currently possess a pair of Air Jordan 11s and find that the Jordan 11 Retro Cherry you ordered from StockX runs a touch large, Irecommend exchanging them for a size down. Styles However, high demand and unforeseen postal delays can happen, so you should check your order tracking status. Continue reading to learn more about shoes that fail to pass the StockX authentication test. Press J to jump to the feed. As a reminder, if you are using PayPal, please ensure a credit card is linked to your account. Subscribe StockX tags are green. ), Why Is Goat More Expensive Than Stockx? and our However, if you havent used StockX before, you might be a bit confused about the entire process of bidding. 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