How did you knowingly package wrong?? Only DS shoes, an acronym for deadstock, are acceptable at StockX. Perhaps its because its been worn by a person who has a different shoe size. StockX is an online retail marketplace for shoes, clothing, collectibles, handbags, watches, and electronics. Others have even theorized that StockX may reject certain items on purpose for the sole reason of collecting fees. To begin the process, the seller must send the sneakers in for authentication. 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. Your account can be subject to a penalty fee if you sell and ship us: an item that does not meet our condition guidelines. It is harder to identify a fake streetwear item. Talk Radio News is a team dedicated to consumers. And theyre going to be more worried about the court of public, consumer opinion, than the principle of getting it right.. 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. Then select the Buy or Bid button when youre ready to place a bid. 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? The buyer pays the shipping costs for the new items. Well, not only can you find deadstock items that arent available in retail anymore, but you can also go into a bidding war for them. For sellers, the process is not that different. Then you send the items out for authentication by StockX. Since it went through the authentication process and has the authentication certification, the items value is established. If you dont want to wait, buying on StockX for the lowest ask is always an option. (Updated 2022! The site also accepts other payment methods, including PayPal, Apple Pay, Google Pay, Venmo, Alipay, Sofort, and iDEAL. Required fields are marked *. In these cases, you should contact support. 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 . They have insider knowledge and expertise that most people do not. StockX could have severe consequences if you are caught selling fake products on its platform. Some sellers have expressed frustration, believing that StockX is a little bittoostrict with some of their authentication processes. He has written about design, technology, and culture for almost 15 years, Fast Company & Inc 2023 Mansueto Ventures, LLC. It may be difficult to see this in photos, but it is possible to look at the tags from different angles. If they are not able to do so, your money will be refunded. (Nike, having not minted these NFTs itself, claimed StockX was misusing its trademark by minting NFTs from Nike shoes.) Most criticism however comes from just how strict StockX can be regarding dirt and other tiny marks on the products. Web This link will generate a self service portal to help you complete the purchase. 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. StockX is a reliable platform and uses its own rigorous authentication to make transactions safe. In this article, were going to explain in detail how the bidding works on StockX and guide you through the steps. 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. What If The Fake Shoes Made It To The Customer? StockX will ship the item only after it has been verified. A phony tag is easily identified by its chipped paint and messiness. They do not sell previously owned shoes on StockX, and if a seller is found to be selling previously owned products (what happens in well over 90 percent of actual situations), they will be fined fifteen percent. So, before you decide to sell your old footwear on StockX, its important to weigh the benefits and drawbacks. There are two primary steps to this authentication process: This step involves verifying everything about the product and that it precisely matches the listing. I want to warn you that my English is bad. Press question mark to learn the rest of the keyboard shortcuts. I just had a pair of Jordan 1s fault and I have the receipt from SNKRS when I won the drawing. By doing this first, StockX confirms every order matches. Thats actually illegal as well. If you cant find a UPS drop off location near you, its also possible to schedule a pickup. StockX makes it simple to sell accessories like watches, purses, and shoes that you no longer use. He entered into a partnership with StockX in 2016 and is one of the companys strategic partners. Should your Bid fail, you will be required to enter a new payment method to complete your transaction. Furthermore, you can see whether the laces have been pulled too tight or if your shoes have been worn out. Manufacturers actually audit for counterfeiting regularly, and they buy their own products from retailers all the time, according to Grinvald. . 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. Your email address will not be published. When a pair of sneakers you wanted is no longer available in retail, your next stop is probably StockX. (Full Details, Cubed / Crushed, Prices + More! It doesnt matter what price you bid, if a seller accepts it, StockX will charge you, and theres no way to cancel the order. This means you will send the shoes to the shop, and the shop will place them on the shelves for you. Hello. If you dont take care of how you pack them, then its less likely that the shoes will arrive in great condition. Regrettably, you wont only need to be wary of worn-out footwear. . (Full Details). StockX will redirect you to a window where they tell you what comes next. The one exception to this in regards to fake or counterfeit goods. This article will help you find out whether you can sell used shoes on StockX. Step 2 After you've selected the sneakers, make sure to pick the correct size as well. The company operates as a live market, and as such, there are no options to return a product directly. StockX has physical drop-off locations. StockX does not consider this a return. Therefore, this one of the most strict rules that StockX enforces. The company also offers 3, 6, 9, and 12 months payment plans. Returning an item results in enormous shipping costs, yet it is very uncommon for customers to do so anyhow. We recommend using a payment method that matches your shipping information as well as other information on your account. Do You Need The Original Box / Packaging? Finally, click on the Finish button. (Nike and MSCHF settled before the case went to court, but many legal scholars sided with MSCHF, given that MSCHF had simply purchased and modified Nike shoes much like anyone could modify and resell a Ford Bronco. There are some clear rules about what kind of packages StockX accepts. A wholesaler has the option of listing items at a defined price or making them available for bidding. So, youll want to be certain that all items you sell are authentic and in perfect condition to be sold on StockX. The company has also entered Chinas sneaker market. Ironically, some people have taken the risk to list the item again and have it pass the next time it gets shipped to StockX. Note that before making any sales on StockX, make sure to read the terms and conditions. However, sometimes a seller is not able to manage. The company advocates transparency for all your sneaker and athleticwear needs. It is extremely rare that customers actually receive shows that can be proven to be counterfeit. (Full List Of Times + Details), Does 7-Eleven Sell Cheese? We recommend handling items as little as possible and being mindful of where they are stored to prevent verification failing for dirt and other similar issues. Home Sneakers have been a canvas ever since the item was invented. Bids, Buy Now, how to pay and deliveries. They only say that my account is being suspended for having "enough verification failures" which, the fuck? StockX is only a marketplace for deadstock merchandise, and does not accept the sale of worn items. You can check out their website to find a location nearest to you. Importantly, StockX is under no obligation to accept the return of any item that does not meet its requirements. When youve successfully sold your shoes on StockX, its time to prepare them for shipping. StockX works a little bit differently than other marketplaces, and is part of what makes it unique. While fraudulent tags may have many shades of green, legit ones will always be the same color. Shopping Guide Do I have the right to be scammed by a seller selling me fake sneakers? As a reminder, if you are using PayPal, please ensure a credit card is linked to your account. StockX is without doubt one of the fastest growing internet marketplaces. 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. Shoes in deadstock condition are the only ones accepted for sale on StockX. Once everything is authenticated, you will receive your payment. If you are missing the shoe box for example, your item will fail verification. Deadstock shoes, under StockXs definition, have never been worn. 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. Before we continue with the step-by-step instruction on how to properly package your shoes for StockX, keep in mind that you will need access to a printer. What Causes Verification To Fail On StockX? Your email address will not be published. But what if they were such good counterfeits that they were completely indistinguishable from the real thing? By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. Selling on StockX. Thankfully they did not charge me the 15% return. Their system is so fucked up theres nothing you or I can do about it. 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. Otherwise, it can be a wasted effort. Hello. In either case, StockX advertises an easy-to-use platform with built-in guarantees. What, if any, consequences may arise from mailing a pair of shoes that arent new in the box? 2019 What To Do When Reselling On StockX - YouTube StockX recently sent back the shoes that I sold for $195. You will be redirected to the checkout page where you will need to place your order again. It will be easier to tell a fake tag from one that is real if you have a StockX tag. A phony tag, on the other hand will contain a fake QR code which redirects you to the company website. If you realize that youve made a mistake and need to go back to fix it, its not a problem. Social Followers18.7kFansFacebook20.8kFollowersTwitter1.8kFollowersInstagram636SubscribersYouTube112FollowersLinkedIn136QuoraLove Counter. But what makes StockX different from any other website where you can buy sneakers and high-value accessories on? Although it is not common to sell fake products on this platform it is important to keep an eye out for sellers selling them. You have many payment options with StockX. The drop-off sends the items in for authentication in Detroit. Some sneakers are sent directly from China. And yet . Of course, Nike might not actually care about the counterfeiting of a few shoes unto itself as much as this lawsuit might imply. Most of the fake cards, however, are black. 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. However, they may also wish to pass off a fake item as real. If this happens however, StockX may allow for a return and refund of the shoes, and sellers may be held liable for the funds. StockX tags are marked with bold, large letters that say Verified or Authentic. This is where many imitation tags come from. Enter the changes you want to make. Now its time to place the original shoebox into the shipping box. If you want to connect with James, follow him on your favorite social networks! The authentication process typically takes a few business days. StockX defines "Deadstock" as an authentic, new, unworn pair of sneakers. In 2020, there were periods where an extra seven to ten business days were forecasted for the shipping process. StockX gives you two business days to take the package to the UPS, but you have to pack them first. More answers below Quora User After ensuring that youve followed the protocol of adequately packaging your shoes for StockX, its time to send them to the company. While not a Chinese company, StockX has a verification center in Hong Kong, China, to support customers in the Asia Pacific region. Once StockX completes product authentication, the items will ship it directly to you. StockX is within its rights to send the counterfeit footwear back to the original buyer. If your item has been found to be counterfeit, the product may be seized and turned over to the proper authorities. And it will only cost you money and time. Cant find the answer to your question? ), What Condition Do Shoes Have To Be To Sell On Stockx? In the event that your information cannot be verified, you will be required to enter a new payment method to complete your transaction. StockX will accept shoes that are laced up already, provided they don't show any signs of wear. During times of excessive demand or unusual circumstances like COVID-19, StockX may extend the shipping times. Asks, Sell Now, shipping, verification and payment info. Some StockX customers have paid exorbitant resale rates on sites like eBay and Reddit, only to get counterfeit versions of the sneakers they ordered. Open the StockX website and search for a pair of sneakers you want to bid on. The strict authentication process guarantees buyers 99.5% accuracy. Your email address will not be published. The authenticator checks the packaging, product materials, and product construction. The products were Coach. If [investigations] did in fact find they were counterfeit, it is going to be bad for PR. Is the product legit? To oversimplify: Even if StockX could win the argument that its NFTs dont break trademark, if any of those NFTs are based upon counterfeited Nikes, then the NFTs might be deemed counterfeits, too. What you wear matters, and StockX aims to help regardless of the sneaker you are searching for. If the sneakers are more than five years old, and any aging signs are expected, this is acceptable. At first glance, the story may look like another example of Nike being overly protective of its intellectual property. A private community forum / support group. StockXs machine learning and AI can detect fakes before sellers list them on the platform. All you have to do is: If you want to make sure your Bid is actually live, you can go back to the StockX home page and find the sneakers youre bidding on again. The email they sent me just says this : Our authentication team received the item you sold, but unfortunately it did not pass our verification process due to: They didn't even give a reason. StockX is pretty specific about how they accept the shoes from sellers. When its nearly expired, StockX will send you an email reminder and suggest a renewal. 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. 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