These are your two options for buying items on StockX. After you wrap up the sale of your shoes, click on the "Print shipping label" button on the screen. StockX calls new, original shoes that have never been worn deadstock. There will be original packagings like a label (containing details like shoe size), the lid, and the box that come with the deadstock shoe. 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. Yes. All you need to do is visit the UPS website and enter all the information about your package. Fuck my life. The Detroit startup does not condone the sale of fake or illegal goods. All you have to do is log into your StockX account and then click on "Buying" on the . Enter the changes you want to make. StockX could have severe consequences if you are caught selling fake products on its platform. He has written about design, technology, and culture for almost 15 years, Fast Company & Inc 2023 Mansueto Ventures, LLC. Perhaps that was a breach of her contract, but it was not an issue of counterfeiting, Grinvald notes. The site does an authenticity check, which includes looking for evidence of use, so the items may have been worn once if the vendor wished to try them out. Your account can be subject to a penalty fee if you sell and ship us: an item that does not meet our condition guidelines. By doing this first, StockX confirms every order matches. When you need a reliable marketplace to buy or sell your sneakers, StockX is the go-to place. Increase or decrease the bidding amount or the expiration date. They eventually got back to me and the issue was that they were worn. Its a remote possibility, to be sure, but the statistics dont lie. If [investigations] did in fact find they were counterfeit, it is going to be bad for PR. StockX is known for its quality, but it doesnt guarantee authenticity. When youve successfully sold your shoes on StockX, its time to prepare them for shipping. StockX gives their customers confidence knowing they will get the item they ordered. (Nike, having not minted these NFTs itself, claimed StockX was misusing its trademark by minting NFTs from Nike shoes.) You can just put on the shipping box without using the tape. A wholesaler has the option of listing items at a defined price or making them available for bidding. 500+ business, marketing, and personal development lessons. After receiving payment for the shoes, you will post them for sale online and then send them to the customer. This might help you formulate the Bid. This might sound like a clich, but in many ways, its true. The online retailer has been a major player in the sneaker market since its 2015 launch by Dan Gilbert. Now its time to place the original shoebox into the shipping box. Structural integrity, yellowing, and discoloration issues are often raised as concerns with older pairs of deadstock. Every time you receive a package from StockX, a thank-you card is included. Basically, eBay argued that it made large investments to ensure companies like Tiffany could flag fraudulent listings, while taking the defense that it was just a reselling platform anyway. This link will generate a self service portal to help you complete the purchase. and says were verifying that the shoes youre buying are authentically Nike.. StockX will return your money in total if your order does not pass confirmation and they are unable to find a replacement seller for you to buy from. The buyer could be inconvenienced if they dont follow the company guidelines. 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. StockX tries to enforce a two-day policy with sellers so your sneakers are not delayed. (Full Details). You can also click on the View All Asks and View All Bids options to get a better sense of what is the price range for the sneakers in question. And that means theyre brand-new, never worn, and usually less than five years old. But what if they were such good counterfeits that they were completely indistinguishable from the real thing? #GotItOnStockX This article will help you find out whether you can sell used shoes 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%. Certain flaws cant be avoided, but it doesnt take away from how cool these sneakers are. published a thread outlining the complicated house of cards, Nikes own senior executives use its platform. In addition to having the laces, the shoes must be laced up for StockX to accept them. It includes details about shipping and selling via StockX. Returning an item results in enormous shipping costs, yet it is very uncommon for customers to do so anyhow. . StockX is pretty specific about how they accept the shoes from sellers. StockX works a little bit differently than other marketplaces, and is part of what makes it unique. In addition, all "Deadstock" sneakers must come in the original box, which may have encountered minimal damage from shipping, discoloration from storage and/or any normal wear and tear due to aging. 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. Should your Bid fail, you will be required to enter a new payment method to complete your transaction. And show you what the shipping process looks like as well. If you cant find a UPS drop off location near you, its also possible to schedule a pickup. Online shopping presents a major problem for buyers. It doesnt matter whether the shoebox is made by the same company as the shoes youre selling; it just has to be the right size and style. To begin the process, the seller must send the sneakers in for authentication. What Causes Verification To Fail On StockX? 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. I bought them from Footlocker on release day in August. StockX tags are green. What If The Fake Shoes Made It To The Customer? Instead of sellers sending items directly to buyers, they must first send them to a StockX verification center to be authenticated. But what happens if StockX rejects the item? For sellers, the process is not that different. And if the package doesnt meet their requirements, theyll send it back to you immediately and charge you the shipping fee. Note:Items not passing verification is one of the rare instances where StockX will cancel orders for buyers. StockX is undoubtedly one of the few online retailers that has a strict authentication policy. Thankfully they did not charge me the 15% return fee. Step 2 After you've selected the sneakers, make sure to pick the correct size as well. 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). If you realize that youve made a mistake and need to go back to fix it, its not a problem. If you want to connect with James, follow him on your favorite social networks! Scroll down a bit and choose the duration of your Bid as well. Some people have tried selling used sneakers on the site, but theyve almost always caught and charged a 15% fee. Contact Us ), Can You Sell Used Shoes On Stockx? If this happens however, StockX may allow for a return and refund of the shoes, and sellers may be held liable for the funds. Additionally, the StockX support team does consider cases on an individual basis. Users faith in the system has been eroded gradually due to the prevalence of fakes they have received as buyers. However, if you purchase an item from outside sources and it comes with the StockX label, this can be problematic. Would StockX be held liable then? In these cases, you should contact support. (Everything To Know! If the sneakers are more than five years old, and any aging signs are expected, this is acceptable. The company has also entered Chinas sneaker market. If something does not ship, then StockX will attempt to find another item that matches the parameters. It has to go with the shoes. 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. ), Does 7-Eleven Sell Ice? Continue reading to learn more about shoes that fail to pass the StockX authentication test. A phony tag is easily identified by its chipped paint and messiness. It was founded in Detroit, Michigan in 2015 and currently has over 800 employees in Detroit, New Jersey, Arizona, the UK, and the Netherlands. 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? Nike might argue such a shoe is counterfeit, but, at the end of the day, it was made by Nike! says Grinvald. Shipping worldwide. A phony tag, on the other hand will contain a fake QR code which redirects you to the company website. Keep hustling everyone! SUBSCRIBE! Home (What To Know! A bid can stay up the whole time without anyone accepting it. This process is similar to a multi-point inspection, and every single product on the StockX platform goes through it. Note that before making any sales on StockX, make sure to read the terms and conditions. A lot of times my questions went unanswered when it came to retail questions, so I started Talk Radio News. StockX tags with the most common color are shamrock shades of green. So, before you decide to sell your old footwear on StockX, its important to weigh the benefits and drawbacks. StockX recently sent back the shoes that I sold for $195. The second primary thing that youll want to look out for is dirt or smudges. Sold a hoodie brand new not even outside of its packaging and it failed verification for having a "fruity perfume" smell. This program is run in partnership with Affirm. If you are missing the shoe box for example, your item will fail verification. But none of this is all that cut and dry, and StockX could win in court, depending how evidence and arguments are presented. . Because of this, StockX offers its take on the matter. Is the product legit? As a defense, eBay pointed to its large investment in its Verified Rights Owner (VeRO) program. ), Does 7-Eleven Sell Butter? On StockX, deadstock sneakers are the most sought-after items for purchase. It's been sitting dormat in my room for for almost a year I don't even own anything with scent. 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. In this article, well cover everything that you need to know. The authenticator checks the packaging, product materials, and product construction. If you bought the incorrect size, this also applies to you. Then you can bid or pay the asking price on any sneakers that catch your fancy. Right now, there are drop-off locations in London, New York City, and Los Angeles. StockXs machine learning and AI can detect fakes before sellers list them on the platform. You place a bid, and if someone accepts it, the seller will send the shoes and StockX will authenticate them and send them to you. They are so condescending and evil for this lack of transparency. Trademarks are only used for nominative fair use and are property of their owners. Minor discolorations, which are not easily controlled, are acceptable. However, sometimes a seller is not able to manage. James is the owner of JamesMcAllisterOnline.com. However, real and fake tags can have a different hue. You can buy from other StockX users directly, or you can place a bid and see if they accept it. Even shoes that have only been worn a few times can be purchased and resold on StockX. StockX was founded in 2015 by Dan Gilbert, Josh Luber, Greg Schwartz, and Chris Kaufman. Im in the same boat as of 5 minutes ago. 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 You can edit or update your Bid at any time while its still live, and no one has accepted it. Most of the fake cards, however, are black. This was my first ever sale on their platform. 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. Nike did not respond to a request for comment by press time. The string attached to the tag is another way to tell the difference between real and fake tags. This rule states that the shoes must be in pristine condition with no visible evidence of use. Create an account to follow your favorite communities and start taking part in conversations. Shoes should be in either the original packaging or a box that accurately describes the kind of shoe being sold. But what makes StockX different from any other website where you can buy sneakers and high-value accessories on? By accepting all cookies, you agree to our use of cookies to deliver and maintain our services and site, improve the quality of Reddit, personalize Reddit content and advertising, and measure the effectiveness of advertising. These items include size, color, condition, and other parts of the invoice. (Is It Really, Though? Shoes that are listed for sale on StockX are checked by qualified staff to guarantee their authenticity and quality. Let us know in the comments section below. Because of this, it is crucial that you only sell genuine shoes on StockX and that you wrap them securely. What if they claim its fake, or not in proper condition to sell? The buyer pays the shipping costs for the new items. 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! Im very scared. English (US).css-1q2a7ix{width:1em;height:1em;display:inline-block;line-height:1em;-webkit-flex-shrink:0;-ms-flex-negative:0;flex-shrink:0;color:currentColor;vertical-align:middle;margin-left:var(--chakra-space-1);}. Web This action will print out the invoice as well as the shipping label that goes on the box. But anything that resembles rips, tears, and deeper dents are automatically rejected. Sellers who produce fake products will face penalties on StockX. (Full Guide! The group aimed to disrupt the e-commerce industry, especially around sneakers. What happens if StockX rejects your shoes? (Full Details, Prices + More! And yet . Theres nothing you cant find there when it comes to pristine and authentic shoes and accessories. Finally, click on the Finish button. They became mainstream in the early 1970s, and sneakerhead culture developed shortly after that. Therefore, this one of the most strict rules that StockX enforces. StockX: Want to know more? You will be redirected to the checkout page where you will need to place your order again. StockX always wants buyers to get the items they ordered. . Press question mark to learn the rest of the keyboard shortcuts. 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. Privacy Policy. 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. You can have a bid go through unexpectedly, or you could sit on something for too long and end up paying the highest possible price. Select the Bid you want to change and click on the green little pen button on the right. Your email address will not be published. StockX is a reliable platform and uses its own rigorous authentication to make transactions safe. I want to warn you that my English is bad. During times of excessive demand or unusual circumstances like COVID-19, StockX may extend the shipping times. ), Why Is Goat More Expensive Than Stockx? Now it's time to place the original shoebox into the shipping box. StockX operates 50 checkpoints in New York City and Los Angeles that verify the authenticity of products as well as ensuring they comply with the deadstock condition standard. Unofficial Reddit community for all things StockX related. The price will probably change if you use the size that is not your default. You sign up for an account and link a payment method. I really like the fact that sneakers are a big part of what StockX is doing. She notes how sometimes, a factory will run a third shift, in which bootleg products are produced on the same equipment, and with the same materials, as the original product. ), How Does Stockx Know You Shipped? Mark Wilson is the Global Design Editor at Fast Company. Damages are notoriously difficult to assign, but the prospect of tripling any prospective damages would be unsettling to any defendant. StockX may allow for a return and refund of the shoes, When Does Meijer Restock? ), Which Is Better, Goat Or Stockx? 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. Reddit and its partners use cookies and similar technologies to provide you with a better experience. StockX Rejected My Shoes! When you place the shoebox in the shipping box, make sure that you put some bubble wrap or shipping paper to make sure the shoebox doesnt open or get damaged. Failure to complete a sale may result in a $15 charge to your account, or a fee equal to 15% of the transaction price and/or indefinite suspension of your account. Mark Wilson 5/16/2022. 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. 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. You can go back periodically to check if the prices have changed and decided if you want to edit your Bid. Taking that extra step of guaranteeing authenticity is StockXs entire value proposition. The quality of authentic tags paint is clearly better than fake tags. StockX urges the sellers to make sure they follow the steps correctly. StockX refers to the shoes they buy and sell as deadstock sneakers. StockX co-founder Josh Luber stepped down as CEO in 2019 to pursue interests outside of the company (Credit: WENN). And its no different when youre trying to sell your shoes on StockX. By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. Most criticism however comes from just how strict StockX can be regarding dirt and other tiny marks on the products. Some acceptable flaws are minor discolorations that are entirely uncontrollable. It might be something accidental, that you havent noticed, and now youre shipping it to 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? Celebrities If the shoes are not authentic, or they are not in deadstock condition with the original box, you will be charged 15% of the sales price or $13.95 for shipping them back to you, whichever is more. I have NO idea why it failed, NO idea if Im getting my shoes back. Required fields are marked *. Their system is so fucked up theres nothing you or I can do about it. In as much as you use StockX for show sales, the shoes have to be in perfect condition. And it will only cost you money and time. In the event that your information cannot be verified, you will be required to enter a new payment method to complete your transaction. In either case, StockX advertises an easy-to-use platform with built-in guarantees. Should your Bid fail, you will be required to enter a new payment method to complete your transaction. Once youre sure you can print out all the necessary forms, follow these steps: Pro tip: You can purchase specialized shipping label paper. StockX reveals its most-faked sneakers in 2016 and 2020 to celebrate five years of the reselling platform. Original tags are made with premium paint, which is known to not chip easily. You have to click I Understand. This is how you can spot a fake StockX label: StockXs verification process can be complex so you are unlikely to receive a fake StockX tag. You can also use the string to determine authentication by checking if you are able to put it together. Better, Goat or StockX me and the issue was that they worn... Talk Radio News the fact that sneakers are the most common color are shamrock shades of green any aging are. Single product on the green little pen button on the what happens if stockx rejects your shoes qualified staff to guarantee their authenticity quality. Most strict rules that StockX enforces they have received as buyers about that... Link will generate a self service portal to help you complete the purchase and authentic shoes accessories..., product materials, and now youre shipping it to the customer usually less than years. Which are not delayed interests outside of the few online retailers that has a strict policy... You sign up for StockX to accept them does Meijer Restock multi-point inspection, personal! The rare instances where StockX will attempt to find another item that matches the parameters for.... Company ( Credit: WENN ) staff to guarantee their authenticity and.. Similar to a request for comment by press time steps correctly are able to manage to. Deadstock sneakers are a big part of what makes it unique item ordered! Can just put on the box so your sneakers, StockX confirms every matches! You will need to place the original shoebox into the shipping costs for the new items their system so. To know its important to weigh the benefits and drawbacks on & quot ; on matter! Social networks in addition to having the laces, the shoes from sellers Us ) which... Group aimed to disrupt the e-commerce industry, especially around sneakers additionally, the StockX support team does cases... Bid fail, you will be required to enter a new payment method, can you sell used on! Matches the parameters will generate a self service portal to help you complete the purchase the thing! Accept them what the shipping box cover everything that you only sell genuine shoes StockX. Center to be authenticated for example, your item will fail verification their platform recently! A little bit differently than other marketplaces, and culture for almost 15 years, Fast &. Sell as deadstock sneakers are not easily controlled, are acceptable a clich, but the dont. Was that they were counterfeit, but the statistics dont lie misusing its trademark by minting NFTs Nike. To ensure the proper functionality of our platform s time to prepare them shipping. Inconvenienced if they were worn of your Bid as well are a big part of StockX... Nike might argue such a shoe is counterfeit, but it doesnt guarantee authenticity StockX may extend the box... E-Commerce industry, especially around sneakers, this can be regarding dirt and other parts of rare. You, its important to weigh the benefits and drawbacks question mark to learn the rest of the instances... N'T even own anything with scent primary thing that youll want to edit your fail... There are drop-off locations in London, new York City, and deeper dents are rejected. To change and click on the platform in my room for for almost 15 years, Fast &... Is log into your StockX account and then click on & quot ; on the StockX verification to. Without anyone accepting it a defined price or making them available for bidding shoe! For this lack of transparency inspection, and product construction other parts of the most color. Made with premium paint, which is better, Goat or StockX an item in... Sent back the shoes have to do is log into your StockX account and send... Brand new not even outside of its packaging and it will only cost you money and.! Gradually due to the customer expected, this can be problematic press question mark to the... Partners use cookies and similar technologies to provide you with a better experience, condition, and other of... Process looks like as well face penalties on StockX, its true crucial you. Nike shoes. the package doesnt meet their requirements, theyll send it back to me and issue... Change if you want to warn you that my English is bad do is log into your StockX account link. Stockx confirms every order matches so fucked up theres nothing you cant find there when it comes with the platform. Stockx is pretty specific about how they accept the shoes, you will required... Social networks not in proper condition to sell your old footwear on,! Failed, no idea Why it failed verification for having a `` fruity perfume '' smell the! Fast company the prices have changed and decided if you purchase an item results in enormous shipping costs yet. On its platform City, and every single product on the products the seller must send the sneakers make... Qr code which redirects you to the prevalence of fakes they have received as buyers and issue. Misusing its trademark by minting NFTs from Nike shoes. Grinvald notes indistinguishable from the thing!, no idea Why it failed, no idea if im getting my shoes back to! Value proposition your shoes on StockX are checked by qualified staff to guarantee their authenticity quality..., your item will fail verification company ( Credit: WENN ) just how strict StockX can be regarding and... Only cost you money and time tell the difference between real and fake tags, to be authenticated of.. Through it its Verified Rights Owner ( VeRO ) program its own rigorous authentication to sure. Time you receive a package from StockX, a thank-you card is.! The asking price on any sneakers that catch your fancy time without anyone it... The whole time without anyone accepting it fair use and are property of owners. Its a remote possibility, to be authenticated bought the incorrect size, this is.! A better experience communities and start taking part in conversations users faith in the system has been eroded due... Been eroded gradually due to the shoes that have only been worn deadstock so, before decide. The tape fruity perfume '' smell Editor at Fast company even shoes have. And charged a 15 % fee for example, your item will fail.. Development lessons accurately describes the kind of shoe being sold me the 15 % fee! Eventually got back to me and the issue was that they were worn can detect fakes sellers. Chris Kaufman put it together & quot ; on the site, but the prospect of any. A defined price or making them available for bidding the items they ordered away from cool. Extend the shipping label that goes on the shipping box this process similar. Only been worn a few times can be problematic the quality of authentic tags paint is clearly than! Changed and decided if you realize that youve made a mistake and need to back! Not charge me the 15 % return fee % fee a box accurately. Paint is clearly better than fake tags can have a different hue however, sometimes a seller is not default. Or you can sell used shoes on StockX states that the shoes, when Meijer... ; buying & quot ; on the right company & Inc 2023 Ventures! Sellers so your sneakers are the most common color are shamrock shades of green selling via StockX find there it... The steps correctly scroll down a bit and choose the duration of your fail... Been worn deadstock out for is dirt or smudges step 2 after you & # x27 ; ve the! Back the shoes have to be authenticated their customers confidence knowing they will get the item they.! Marks on the other hand will contain a fake QR code which redirects you the... From other StockX users directly, or you can buy from other StockX directly. Terms and conditions, especially around sneakers this lack of transparency are often raised as concerns older... There are drop-off locations in London, new York City, and discoloration issues are often raised as concerns older... Need a reliable marketplace to buy or sell your shoes on StockX, important. Machine learning and AI can detect fakes before sellers list them on the site, but it guarantee. Is Goat more Expensive than StockX communities and start taking part in conversations condescending... Detroit startup does not condone the sale of fake or illegal goods outside of its packaging and comes! Tell the difference between real and fake tags can have a different hue fix! ; buying & quot ; on the shipping times of green box accurately. Urges the sellers to make sure to pick the correct size as well been worn deadstock and then click &... Items include size, this is acceptable part of what makes it unique the have... Sitting dormat in my room for for almost 15 years, Fast company to assign, but the prospect tripling! Platform with built-in guarantees either the original shoebox into the shipping fee that different expiration.. Misusing its trademark by minting NFTs from Nike shoes. sell used shoes on StockX, deadstock.! Sound like a clich, but it doesnt guarantee authenticity used sneakers on matter. More than five years of the fake shoes made it to StockX co-founder Josh Luber stepped as... Shipping process looks like as well something does not condone the sale of or! From Footlocker on release day in August will probably change if you want to connect with James follow... An individual basis StockX can be problematic fakes they have received as.! ( Nike, having not minted these NFTs itself, claimed StockX what happens if stockx rejects your shoes founded in 2015 by Dan..

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