If you dont take care of how you pack them, then its less likely that the shoes will arrive in great condition. 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 The price will probably change if you use the size that is not your default. In this article, well cover everything that you need to know. Should your Bid fail, you will be required to enter a new payment method to complete your transaction. Theres nothing you cant find there when it comes to pristine and authentic shoes and accessories. Tape the UPS label on the outside of the shipping box, not the shoebox. To make the distinction, you can first use the string colour. The second primary thing that youll want to look out for is dirt or smudges. 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. Asks, Sell Now, shipping, verification and payment info. Celebrities 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. ), Can You Sell Used Shoes On Stockx? 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. (What To Know! When you need a reliable marketplace to buy or sell your sneakers, StockX is the go-to place. Do I have the right to be scammed by a seller selling me fake sneakers? If you find something you want and the Lowest Ask for that item fits into your budget, you can simply select the Buy Now option. ), Which Is Better, Goat Or Stockx? This was my first ever sale on their platform. To make matters worse for StockX, if an investigation found that StockX was knowingly selling counterfeit goods, it would have to pay triple the damages of a standard counterfeiting claim. Lets look over a few more frequently asked questions regarding verification with StockX. 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. Depending on the exact reason StockX declines your . If you are missing the shoe box for example, your item will fail verification. StockX co-founder Josh Luber stepped down as CEO in 2019 to pursue interests outside of the company (Credit: WENN). Notably, for the deadstock shoe to be approved on StockX, it must be packaged in the original packaging. 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 you want to connect with James, follow him on your favorite social networks! 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. StockX is a huge marketplace for items like high-end sneakers, streetwear, collectibles, and accessories. 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. The rise of e-commerce platforms has led to an increase in counterfeit goods on the market. Most of the fake cards, however, are black. Shopping Guide If you are a seller, you will need to pay shipping costs as well unless you are in the United States. If you dont want to wait, buying on StockX for the lowest ask is always an option. Therefore, you need to find an authorized UPS location and drop off your package. If StockX rejects your shoes, you will receive an email outlining why they were rejected. You will see your Purchase History as well as all the live bids you have at the moment. So far, StockX has refuted Nikes claims in a public statement it reshared with Fast Company when we reached out for comment, and pointed out that Nikes own senior executives use its platformbut thats not necessarily a valid defense. StockX will accept lace-up shoes that are not showing wear or tears. Human authenticators, who are experts in human authenticity, inspect each item carefully by touching, smelling, and looking at its stitching, laces, and boxes. This is because counterfeit sellers are using modern technology to duplicate StockX tags. But its a phrase that means different things to different people. ). 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? But in case you're not used to checking your email often, there's another way you can track your order. I want to warn you that my English is bad. Although there is a section on the StockX website dedicated to B-grades, StockX prohibits the acceptance of factory seconds there. Along with Goat, it is among the biggest names in the sneaker resale market. Although this approach needs more effort on your part, you may be able to get a higher price for your old footwear. Now its time to place the original shoebox into the shipping box. You can edit or update your Bid at any time while its still live, and no one has accepted it. Certain flaws cant be avoided, but it doesnt take away from how cool these sneakers are. However, high demand and unforeseen postal delays can happen, so you should check your order tracking status. only thing i could think of about how it could've failed is because i took it out of the original package but it's never been worn so idk. You have to make sure that the shipping box is not too small. I have previouslydemonstrated that you could be punished or even banned forever from using StockX if youre caught selling worn shoes. If you read their conditions of sale, youll see that this is deemed dead stock. You sign up for an account and link a payment method. Step 3 Make sure to scroll down and check what the retail price of the sneakers you're bidding on was. 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. If your box or product arrives with damage, you should reach out to customer service immediately. There are numerous counterfeit high-end shoes available on the market nowadays. What happens next? Then you can bid or pay the asking price on any sneakers that catch your fancy. 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. Finally, click on the Finish button. Required fields are marked *. It might be something accidental, that you havent noticed, and now youre shipping it to StockX. What if they claim its fake, or not in proper condition to sell? 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. 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. StockX Rules for Shoe Conditions: What Happens if You Break the Rules In as much as you use StockX for show sales, the shoes have to be in perfect condition. Unfortunately, the sneaker and athletic industries are not immune. I have NO idea why it failed, NO idea if Im getting my shoes back. This is a crucial step as it ensures that every product conforms to StockXs conditions guidelines. But what makes StockX different from any other website where you can buy sneakers and high-value accessories on? No votes so far! Is the product legit? You should not expect the StockX support team to rule in your favor, though. More answers below Quora User Every single pair of shoes offered for sale on StockX is guaranteed to be authentic and unworn. 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. 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 If you have any doubts about the authenticity of these tags, you will be able to scan the tag with your smartphone. (Full Details). A phony tag is easily identified by its chipped paint and messiness. 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. While StockX endeavors to have your product arrive in perfect condition, they cannot control the shipping. ), Why Is Goat More Expensive Than Stockx? they are still, technically, unauthorized Nikes. While weve heard stories of fakes passing StockX verification, this is extremely rare and is a bannable offense for sellers. Advertise If the shoes are returned to the seller, StockX will return them to the original owner. 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. The company reportedly suspends accounts and bans people from the platform if the goods are not real. All of these actions are taken to expedite shipment to the customer as soon as possible. This process is similar to a multi-point inspection, and every single product on the StockX platform goes through it. And show you what the shipping process looks like as well. If the shoes are returned to the seller, StockX will return them to the original owner. 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. StockX gives their customers confidence knowing they will get the item they ordered. For sellers, the process is not that different. Depending on the exact reason StockX declines your item, the exact course of action can vary. Reddit and its partners use cookies and similar technologies to provide you with a better experience. They werent, but whatever. And theyre going to be more worried about the court of public, consumer opinion, than the principle of getting it right.. This page may contain affiliate links. Styles 2 [deleted] 3 yr. ago [removed] longdaddynate 1 yr. ago I just had a pair of Jordan 1s fault and I have the receipt from SNKRS when I won the drawing. If you decide you no longer desire an item, you can always resale it to them. Of course, all payment plan options are subject to terms and conditions. And it will only cost you money and time. Most criticism however comes from just how strict StockX can be regarding dirt and other tiny marks on the products. In addition to having the laces, the shoes must be laced up for StockX to accept them. In such instances, the buyer does not incur any additional costs. StockX works a little bit differently than other marketplaces, and is part of what makes it unique. In 2020, there were periods where an extra seven to ten business days were forecasted for the shipping process. You sign up for an account and list the sneakers or streetwear you want to sell. This link will generate a self service portal to help you complete the purchase. 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. 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. StockX is only a marketplace for deadstock merchandise, and does not accept the sale of worn items. Cookie Notice 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. StockX is committed to real products and manages its own authentication process. The first one (as already mentioned) is counterfeit goods. A wholesaler has the option of listing items at a defined price or making them available for bidding. Because StockX will only ever offer genuine footwear. You will be redirected to the checkout page where you will need to place your order again. Web 2022 33rdSquare.com Own by Urban Walkabout Ltd. California Window Tint Laws 2023: See Whats Legal. Others have even theorized that StockX may reject certain items on purpose for the sole reason of collecting fees. The company reportedly suspends accounts and bans people from the platform if the goods are not real. The price will probably change if you use the size that is not your default. 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). StockXs machine learning and AI can detect fakes before sellers list them on the platform. StockX tags are marked with bold, large letters that say Verified or Authentic. This is where many imitation tags come from. Even though they have a no-used-shoes policy, StockX knows that not everyone will follow it. Even shoes that have only been worn a few times can be purchased and resold on StockX. Should your Bid fail, you will be required to enter a new payment method to complete your transaction. StockX does not return items that are counterfeit or misrepresented and may, in fact, turn these items over to the relevant authorities. . Whereas StockX takes that next step . This team is continually improving the authentication of new styles, SKUs and technologies that collect data to improve and innovate StockXs authentication technology. StockX is without doubt one of the fastest growing internet marketplaces. You have many payment options with StockX. I think thats going to make it really of interest to legal scholars if it makes it to court.. Keep hustling everyone! SUBSCRIBE! Be more worried about the court of public, consumer opinion, than the principle of getting it... What if they claim its fake, or not in proper condition to?... 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Platforms has led to an increase in counterfeit goods on the market warn you that my English is.., well cover everything that you need to pay shipping costs as well unless you a. Say Verified or authentic this is because counterfeit sellers are using modern to! Dont want to wait, buying on StockX for the sole reason of collecting fees answers below Quora User single! Of interest to Legal scholars if it makes it unique conditions guidelines see that this is because counterfeit are... To be scammed by a seller selling me fake sneakers and payment info policy StockX... To improve and innovate StockXs authentication technology section on the StockX what happens if stockx rejects your shoes goes it... All the live bids you have to make it really of interest to Legal scholars if makes... At the moment getting my shoes back extremely rare and is part of what makes StockX from... Dont take care of how you pack them, then its less that! Better experience the UPS label on the outside of the fastest growing internet...., all payment plan options are subject to terms and conditions rejects your shoes, you will receive an outlining! They can not control the shipping checkout page where you will be redirected to the relevant authorities to pay costs. Will generate a self service portal to help you complete the purchase as... No-Used-Shoes policy, StockX knows that not everyone will follow it verification, this is extremely rare and is of. Course, all payment plan options are subject to terms and conditions multi-point inspection, and part! This process is similar to a multi-point inspection, and no one has accepted it missing. More answers below Quora User every single product on the outside of the fake,. Fakes before sellers list them on the StockX platform goes through it Josh Luber stepped down CEO... Authentication of new styles, SKUs and technologies that collect data to improve and innovate StockXs authentication technology company suspends. The acceptance of factory seconds there complete your transaction when you need a reliable marketplace to buy or sell sneakers. Out to customer service immediately customer service immediately you sign up for an account and list sneakers. Duplicate StockX tags the outside of the fake cards, however, are black its... Among the biggest names in the original shoebox into the shipping process looks like as well unless you are seller... As already mentioned ) is counterfeit goods on any sneakers that catch fancy! As possible manages its own authentication process why they were rejected Whats Legal will fail verification well cover everything you. Will fail verification StockX different from any other website where you can or! Huge marketplace for deadstock merchandise, and accessories StockXs conditions guidelines, they can not control the shipping box rise. ), why is Goat more Expensive than StockX while StockX endeavors to have product! Not real offered for sale on StockX for the sole reason of collecting.... Plan options are subject to terms and conditions Goat more Expensive than StockX item they.. Stockx gives their customers confidence knowing they will get the item they ordered to enter a new payment method scholars... That my English is bad redirected to the original owner new styles, SKUs and technologies that data. Be redirected to the relevant authorities youre caught selling worn shoes to court.. Keep hustling everyone provide you a. Without doubt one of the fastest growing internet marketplaces bold, large letters say. Gives their customers confidence knowing they will get the item they ordered high-value! Below Quora User every single pair of shoes offered for sale on StockX will arrive in great condition it of!
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