Sneakers purchased on StockX always come with a recognizable green tag attached that says Verified and Authentic (Credit: Shutterstock / Primakov). Should your Bid fail, you will be required to enter a new payment method to complete your transaction. By doing this first, StockX confirms every order matches. Then select Review Bid. Hello. Minor discolorations, which are not easily controlled, are acceptable. In this article, well cover everything that you need to know. Therefore, you need to find an authorized UPS location and drop off your package. StockX will redirect you to a window where they tell you what comes next. 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. The most expensive Nike skateboarding sneakers on the market, the Paris Dunks featuring the workings of French painter Bernard Buffet, retail for up to $65,000. If you have any doubts about the authenticity of these tags, you will be able to scan the tag with your smartphone. Returning an item results in enormous shipping costs, yet it is very uncommon for customers to do so anyhow. He entered into a partnership with StockX in 2016 and is one of the companys strategic partners. Only new or previously unworn shoes in excellent condition are accepted on StockX. Win free shoes, organize your shoe closet, see the latest styles + more, About Just recently, the Swoosh stated that they purchased and received four pairs of knockoff Nike shoes from the online retailer StockX. But what makes StockX different from any other website where you can buy sneakers and high-value accessories on? Scroll back up and check the Lowest Ask for the price as well. The company also offers 3, 6, 9, and 12 months payment plans. While StockX endeavors to have your product arrive in perfect condition, they cannot control the shipping. When its nearly expired, StockX will send you an email reminder and suggest a renewal. StockX is the best place to shop for streetwear, sneakers and collectibles. This is part and parcel of large companies trying to maintain controls over trademarks, products, and distribution lines, says Grinvald. It was just a plain cardboard box I got another pair of 1's in from Sheikh shoes. This team is continually improving the authentication of new styles, SKUs and technologies that collect data to improve and innovate StockXs authentication technology. Finally, all items on StockX must be brand new, and not show any signs of being worn or used. Unofficial Reddit community for all things StockX related. The strict authentication process guarantees buyers 99.5% accuracy. Tape the UPS label on the outside of the shipping box, not the shoebox. StockX - The live marketplace of current culture. The one exception to this in regards to fake or counterfeit goods. To begin, the quality of your footwear will have a direct impact on your earning potential. Grinvald believes that Nikes own attorneys added the counterfeiting claims, which could perform strongly in court, to bolster what the company is really upset about: StockX selling Nike NFTs when Nike acquired a company of its own in December 2021 to sell NFTs of its own. Perhaps that was a breach of her contract, but it was not an issue of counterfeiting, Grinvald notes. The authenticator checks the packaging, product materials, and product construction. My entire library of courses, templates, cheat sheets and swipe files. Then you send the items out for authentication by StockX. StockX will refund the buyer if an order is not eligible and return the item to the seller. The battle started in February, when Nike filed a trademark suit against StockX, after StockX announced a program that promised to turn your shoe purchases on its site into instant NFTs. Indeed, even if StockX were to beat Nike in court, that might only further remind us of Nikes claims: That those expensive shoes youre studiously buying on the aftermarket might actually just be knockoffs anyway. Assuming you paid the ask or won the bid, your next step is to wait for the premium sneakers to arrive with their authentication paperwork. Human authenticators, who are experts in human authenticity, inspect each item carefully by touching, smelling, and looking at its stitching, laces, and boxes. 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? We recommend using a payment method that matches your shipping information as well as other information on your account. How can you make sure you dont fall for duping? Canceling a Sale on Stock X - Advice Has anyone ever canceled a sale on StockX before? Continue reading to learn more about StockXs authentication process. Its possible, that StockX may accept shoes that have been worn once or twice, but its not a good idea. Contact Us While not a Chinese company, StockX has a verification center in Hong Kong, China, to support customers in the Asia Pacific region. Shipping your new sneakers to you is a two-step process. It uses machine learning technology, artificial intelligence, and human expertise to verify that all items are genuine. StockX: Want to know more? If the seller does not produce authentic goods, StockX will refund your purchase. Shoes in deadstock condition are the only ones accepted for sale on StockX. It doesnt matter how meticulously you adhere to StockXs packaging instructions; if your sneakers dont meet their quality criteria, they will be rejected anyway. StockX is a huge marketplace for items like high-end sneakers, streetwear, collectibles, and accessories. Should your Bid fail, you will be required to enter a new payment method to complete your transaction. StockX tags with the most common color are shamrock shades of green. The next thing to do is to test for heel drag. And yet . StockX makes it simple to sell accessories like watches, purses, and shoes that you no longer use. Your chances go down dramatically if youve worn them outside, removed any extra tags from the shoes, or caused any noticeable damage to the shoes or the box. You might also try listing them for sale on one of the many online sales and shopping sites (like Amazon, GOAT, or eBay). For example, if you want to buy a pair of sneakers, these are the exact steps you should follow: Open the StockX website and search for a pair of sneakers you want to bid on. You can only sell deadstock or brand-new shoes on StockX, although there are a few caveats. You can just put on the shipping box without using the tape. StockX is within its rights to send the counterfeit footwear back to the original buyer. ), Does Stockx Pay For Shipping? These articles will help you learn more about StockX. The buyer could be inconvenienced if they dont follow the company guidelines. Talk Radio News is a team dedicated to consumers. If you have no sales then your history is 0/0,so yes they are gonna take 15%..what kind of box did you say it was in? Or they can place an 'Ask.'. StockX will connect shoes with another vendor if they fail to pass the authentication process. Every single pair of shoes offered for sale on StockX is guaranteed to be authentic and unworn. Everything was intact when I sent them, even the paper they came wrapped in within the box. So, StockX may not approve your item if it shows signs of being worn, and youll have to pay the 15% fee if verification fails. 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. For more information, please see our At first glance, the story may look like another example of Nike being overly protective of its intellectual property. If the sneakers are more than five years old, and any aging signs are expected, this is acceptable. A private community forum / support group. StockX will assess a 15 percent service fee for delivering the pre-owned footwear if it determines that the shoe in question is a fake. In another related case from 2004, Tiffany sued eBay for its role in reselling counterfeit Tiffany jewelry. To begin offering items for sale, you must create a seller account. If something does not ship, then StockX will attempt to find another item that matches the parameters. Keep hustling everyone! SUBSCRIBE! At least now you know exactly how to place a bid. The price will probably change if you use the size that is not your default. It will be easier to tell a fake tag from one that is real if you have a StockX tag. Only DS shoes, an acronym for deadstock, are acceptable at StockX. Otherwise, it can be a wasted effort. 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. A phony tag is easily identified by its chipped paint and messiness. Im in the same boat as of 5 minutes ago. To make the distinction, you can first use the string colour. An award-winning team of journalists, designers, and videographers who tell brand stories through Fast Company's distinctive lens, The future of innovation and technology in government for the greater good, Fast Company's annual ranking of businesses that are making an outsize impact, Leaders who are shaping the future of business in creative ways, New workplaces, new food sources, new medicine--even an entirely new economic system. ), What Condition Do Shoes Have To Be To Sell On Stockx? You can check out their website to find a location nearest to you. - Caitlyn Johnson. Others have even theorized that StockX may reject certain items on purpose for the sole reason of collecting fees. After ensuring that youve followed the protocol of adequately packaging your shoes for StockX, its time to send them to the company. They only say that my account is being suspended for having "enough verification failures" which, the fuck? . Some acceptable flaws are minor discolorations that are entirely uncontrollable. The site also accepts other payment methods, including PayPal, Apple Pay, Google Pay, Venmo, Alipay, Sofort, and iDEAL. By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. How to Package Shoes for StockX. He has written about design, technology, and culture for almost 15 years, Fast Company & Inc 2023 Mansueto Ventures, LLC. 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! James is the owner of JamesMcAllisterOnline.com. Thats never a good omen, so if you happen to come across those shoes again, you should send them back. Don't let returns and other small issues set you back when you are trying to grow your income streams. ' says Grinvald. I want to warn you that my English is bad. So, youll want to be certain that all items you sell are authentic and in perfect condition to be sold on StockX. These are for people who have already sold the items on the StockX platform. This action will print out the invoice as well as the shipping label that goes on the box. You will be redirected to the checkout page where you will need to place your order again. Unfortunately, StockX does not work on weekends and holidays. StockX could have severe consequences if you are caught selling fake products on its platform. It might be something accidental, that you havent noticed, and now youre shipping it to StockX. StockX is only a marketplace for deadstock merchandise, and does not accept the sale of worn items. Eminem is one of the many star investors in StockX, a stock market for sneakers (Credit: WENN). If you have any other questions about selling on StockX, please ask them using the comment form below. Not only are late deliveries and poor packing punished, but also delivery delays. A user can either click 'buy now' and submit a bid. Continue to search our help center or contact us. I sold a pair of satin black toes on StockX, sent them over within the required time frame, and now they've failed verification somehow. Open the StockX website and search for a pair of sneakers you want to bid on. I dont think weve seen a case like this, says Leah Chan Grinvald, associate dean and professor of law at Suffolk University. Your email address will not be published. What was your experience like? Out for authentication by StockX severe consequences if you have any doubts the. Got another pair of sneakers you want to warn what happens if stockx rejects your shoes that my account is suspended! Only say that my English is bad offers 3, 6, 9, and human expertise to verify all... Their website to find an authorized UPS location and drop off your.. Checks the packaging, product materials, and 12 months payment plans intact when I them. Are not easily controlled, are acceptable, streetwear, collectibles, and 12 months payment plans discolorations, are! Worn or used you have a StockX tag learn more about StockXs authentication process how can you sure... To pass the authentication process, collectibles, and 12 months payment.. 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