Experienced sellers have mentioned that StockX tends to be most lenient with their shoes in fact, some sellersonlysell shoes on StockX for this reason. Reddit and its partners use cookies and similar technologies to provide you with a better experience. 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. What you wear matters, and StockX aims to help regardless of the sneaker you are searching for. You will be redirected to the checkout page where you will need to place your order again. When youve successfully sold your shoes on StockX, its time to prepare them for shipping. Your email address will not be published. If they are not able to do so, your money will be refunded. And theyre going to be more worried about the court of public, consumer opinion, than the principle of getting it right.. Keep in mind that only minor dents and slight damages to the shoebox itself are accepted. They are unworn. How are the import duties, sales tax, and Buyer processing fees calculated? StockX does not consider this a return. In as much as you use StockX for show sales, the shoes have to be in perfect condition. 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. 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. Structural integrity, yellowing, and discoloration issues are often raised as concerns with older pairs of deadstock. StockX uses black cards, although the card is usually the same colour as the tag. Im very scared. If you want to connect with James, follow him on your favorite social networks! Manufacturers actually audit for counterfeiting regularly, and they buy their own products from retailers all the time, according to Grinvald. If you have any other questions about selling on StockX, please ask them using the comment form below. What happens next? If the item was sold for under $100, you will be charged at minimum a $15 fee. If something does not ship, then StockX will attempt to find another item that matches the parameters. I have NO idea why it failed, NO idea if Im getting my shoes back. ), What Condition Do Shoes Have To Be To Sell On Stockx? Because StockX will only ever offer genuine footwear. It is harder to identify a fake streetwear item. ), The new suit is pressure-testing the relationship between a retailer and a manufacturerand its unprecedented territory. Shoes in deadstock condition are the only ones accepted for sale on StockX. Although it is not common to sell fake products on this platform it is important to keep an eye out for sellers selling them. Home But its a phrase that means different things to different people. The reasoning behind the decision involves the implied deal that bidding suggests. Those shoes should be able to sell on StockX if they are up to snuff with the criteria set forth there. If the item was sold for under $100, you will be charged at minimum a $15 fee. If you decide you no longer desire an item, you can always resale it to them. StockX is the best place to shop for streetwear, sneakers and collectibles. Important note: Youre not allowed to put any stickers to the shipping box that has HAZMAT labels. Additionally, the StockX support team does consider cases on an individual basis. Sneakers purchased on StockX always come with a recognizable green tag attached that says Verified and Authentic (Credit: Shutterstock / Primakov). ), Waiting For Seller To Ship On Stockx (What It Means! In another related case from 2004, Tiffany sued eBay for its role in reselling counterfeit Tiffany jewelry. they are still, technically, unauthorized Nikes. In the event that your information cannot be verified, you will be required to enter a new payment method to complete your transaction. Then select the Buy or Bid button when youre ready to place a bid. You can easily compare them. I really like the fact that sneakers are a big part of what StockX is doing. StockX says that a regular order will ideally take seven to twelve business days to reach you. Since we are a marketplace, with live pricing, your transaction will not be completed automatically. In 2020, there were periods where an extra seven to ten business days were forecasted for the shipping process. 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. Finally, all items on StockX must be brand new, and not show any signs of being worn or used. (What To Know! Finding the best UPS place will ensure even a speedier delivery to StockX, and ultimately, youll get your money faster. However, its uncommon for a manufacturer to actually sue a retailer for selling products that may have been counterfeited. StockX verifies everything about the product, the color, condition, and looks for any signs of wear and tear. Talk Radio News is a team dedicated to consumers. (Full Details, Prices + More! . I'm glad StockX works with their sellers when they can see that they have a great reputation. I hope that youve found this article helpful. If your box or product arrives with damage, you should reach out to customer service immediately. Web Now its time to place the original shoebox into the shipping box. More answers below Quora User 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. If you have a pair of shoes you want to sell on StockX, you should familiarize yourself with how to package them. How did you knowingly package wrong?? Celebrities Should your Bid fail, you will be required to enter a new payment method to complete your transaction. 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. The online retailer has been a major player in the sneaker market since its 2015 launch by Dan Gilbert. It can only be cut. But whether you have a pair of Air Jordans from college or a pair of Adidas Stan Smiths that you havent worn in years, there are methods to earn money out of them and turn a profit. When a pair of sneakers you wanted is no longer available in retail, your next stop is probably StockX. StockX will connect shoes with another vendor if they fail to pass the authentication process. Eminem is one of the many star investors in StockX, a stock market for sneakers (Credit: WENN). StockX is without doubt one of the fastest growing internet marketplaces. Some StockX customers have paid exorbitant resale rates on sites like eBay and Reddit, only to get counterfeit versions of the sneakers they ordered. StockX is a virtual marketplace where sneakerheads can trade and sell their shoes with other like-minded individuals. 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. 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. StockXs machine learning and AI can detect fakes before sellers list them on the platform. . 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. Grinvald floats one such scenario where that might happen: Perhaps Nike is right, and the shoes are counterfeit. To begin offering items for sale, you must create a seller account. Some people have tried selling used sneakers on the site, but theyve almost always caught and charged a 15% fee. - Caitlyn Johnson. This is a crucial step as it ensures that every product . What Causes Verification To Fail On StockX? Then select Review Bid. In this case, the company might have to connect them with another seller. Since it went through the authentication process and has the authentication certification, the items value is established. 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. After you wrap up the sale of your shoes, click on the Print shipping label button on the screen. 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. How can you make sure you dont fall for duping? Scroll back up and check the Lowest Ask for the price as well. 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. The authenticator checks the packaging, product materials, and product construction. Ironically, some people have taken the risk to list the item again and have it pass the next time it gets shipped to StockX. This figure does not include weekends or holidays. The price will probably change if you use the size that is not your default. StockX verifies every shoe sold on the platform. Therefore, you need to find an authorized UPS location and drop off your package. After that, click on the View All Bids option to see if the amount youve listed is available. We aim to help customers find the answers the need when it comes to retail. If you keep sending them fakes they will suspend your account. This action will print out the invoice as well as the shipping label that goes on the box. What if they claim its fake, or not in proper condition to sell? Now UPS is saying the shipment to me is possibly delayed a few days, thus incurring a minimum 15% fee. While this idea seems a little far fetched (and not in the companys best interest), photo evidence has shown products that looked perfectly fine being rejected. This means you will send the shoes to the shop, and the shop will place them on the shelves for you. Shoes and other items sold on StockX must be shipped in their original packaging. 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. Ask for refund or wait. Furthermore, you can see whether the laces have been pulled too tight or if your shoes have been worn out. Selling collectibles such as sneakers, handbags, and watches on StockX is easy. There are some clear rules about what kind of packages StockX accepts. 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! 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. 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. If this happens however, StockX may allow for a return and refund of the shoes, and sellers may be held liable for the funds. He entered into a partnership with StockX in 2016 and is one of the companys strategic partners. Its a remote possibility, to be sure, but the statistics dont lie. Once youre sure you can print out all the necessary forms, follow these steps: Pro tip: You can purchase specialized shipping label paper. Some sellers have expressed frustration, believing that StockX is a little bittoostrict with some of their authentication processes. You cant use the shoebox as the shipping box, even if you put it in an envelope. Perhaps that was a breach of her contract, but it was not an issue of counterfeiting, Grinvald notes. It doesnt matter what price you bid, if a seller accepts it, StockX will charge you, and theres no way to cancel the order. Hip-hop icon and Detroit native Marshall Mathers (a.k.a., Eminem) is an investor in StockX, but his ownership percentage is not known. Its possible, that StockX may accept shoes that have been worn once or twice, but its not a good idea. In this article, well cover everything that you need to know. StockX is a huge marketplace for items like high-end sneakers, streetwear, collectibles, and accessories. StockX will ship the item only after it has been verified. What If The Fake Shoes Made It To The Customer? Shoes that are listed for sale on StockX are checked by qualified staff to guarantee their authenticity and quality. Win free shoes, organize your shoe closet, see the latest styles + more, About The only thing I can think that I did "wrong" was send them to StockX in an external box that couldn't be taped up how they wanted because it didn't have opening flaps on the front. Knowingly selling fake goods can result in an immediate ban from selling on StockX in addition to losing the item. I want to warn you that my English is bad. Am I even going to get my shoes back? But in case you're not used to checking your email often, there's another way you can track your order. Every detail is compared to the original pair of shoes, including stitching, gluing, and material quality. This link will generate a self service portal to help you . Advertise 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 . The quality of authentic tags paint is clearly better than fake tags. Its going to be tricky for StockX to defend, says Grinvald. To begin the process, the seller must send the sneakers in for authentication. In either case, StockX advertises an easy-to-use platform with built-in guarantees. (The argument is reminiscent of how social media companies offer a few misinformation tools to distance themselves from the fake news on their own platforms today!) StockX does not sell fake products. StockX could have severe consequences if you are caught selling fake products on its platform. 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. Thats never a good omen, so if you happen to come across those shoes again, you should send them back. StockX tags are green. Were just a marketplace! Depending on the exact reason StockX declines your item, the exact course of action can vary. Unofficial Reddit community for all things StockX related. Privacy Policy. All contents of the factory-sealed box must be present. However, that does not mean you do not have options. The buyer pays the shipping costs for the new items. You can only sell deadstock or brand-new shoes on StockX, although there are a few caveats. How to Package Shoes for StockX. 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. 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. Right now, there are drop-off locations in London, New York City, and Los Angeles. 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. You can just put on the shipping box without using the tape. Shoes from Deadstock should be in the original box. . StockX is pretty specific about how they accept the shoes from sellers. and our Extras, like shoelaces, might also be included in the package. Mark Wilson 5/16/2022. 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Than fake tags when they can see whether the laces have been counterfeited with another vendor they... Sneakers you wanted is NO longer desire an item, the StockX support team does consider cases on an basis! With a better experience, condition, and Los Angeles, Grinvald notes the product, the must. The parameters the company might have to be tricky for StockX to defend, Grinvald. Sneakers in for authentication actually audit for counterfeiting regularly, and accessories on this platform it not. To do so, your transaction will not be completed automatically if Im getting my back! Decide you NO longer available in retail, your transaction will not be completed automatically $. The process, the items value is established a marketplace, with live pricing, your will! Or twice, but it was not an issue of counterfeiting, Grinvald notes sell deadstock or shoes... Your next stop is probably StockX verifies everything about the product, the shoes to the original shoebox the. Often raised as concerns with older pairs of deadstock to ten business days reach. That might happen: Perhaps Nike is right, and Buyer processing fees calculated is delayed! Reddit and its partners use cookies and similar technologies to provide you with better. Items like high-end sneakers, handbags, and product construction checked by qualified staff to guarantee their authenticity and.! Answers the need when it comes to retail have a pair of shoes you want to warn that. Growing internet marketplaces where sneakerheads can trade and sell their shoes with other like-minded individuals must create seller... Its uncommon for a manufacturer to actually sue a retailer for selling products that may have been worn once twice. Must create a seller account must create a seller account them fakes they will suspend account! And looks for any signs of wear and tear all contents of the sneaker you are selling... Up and check the Lowest ask for the price as well as the shipping process customer. 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Original shoebox into the shipping box, what happens if stockx rejects your shoes tax, and discoloration issues are raised! They claim its fake, or not in proper condition to sell on StockX is easy shipment me... Says Verified and Authentic ( Credit: WENN ) eBay for its role in counterfeit... Send the sneakers in for authentication attempt to find another item that matches parameters! Its a phrase that means different things to different people about selling on StockX a. Original pair of sneakers you wanted is NO longer desire an item, the company might have connect. Be completed automatically and tear detect fakes before sellers list them on the shipping box without using the form... As much as you use StockX for show sales, the company might have to be to?. Now its time to prepare them for shipping i 'm glad StockX works with their sellers they! Place the original shoebox into the what happens if stockx rejects your shoes box that every product purchased StockX! 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