To begin the process, the seller must send the sneakers in for authentication. Privacy Policy, Brands Asks, Sell Now, shipping, verification and payment info. Required fields are marked *. I've emailed them, I hope it's a mistake. Samething happened to me just now. 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. The quality of authentic tags paint is clearly better than fake tags. they are still, technically, unauthorized Nikes. StockX urges the sellers to make sure they follow the steps correctly. This figure does not include weekends or holidays. You can also use the string to determine authentication by checking if you are able to put it together. On StockX, deadstock sneakers are the most sought-after items for purchase. If you dont want to wait, buying on StockX for the lowest ask is always an option. 2022 33rdSquare.com Own by Urban Walkabout Ltd. California Window Tint Laws 2023: See Whats Legal. As a seller, you will first need to set up an account and post your listings. But what happens if StockX rejects the item? What happens if StockX rejects your shoes? You can either wait for someone to meet your ask price or click sell now after you have a few bids. Would StockX be held liable then? The Air Jordan 11 Retro Bred 2019 is one of the most frequently sold sneakers on StockX. Otherwise, StockX will reject it. When you need a reliable marketplace to buy or sell your sneakers, StockX is the go-to place. Trademarks are only used for nominative fair use and are property of their owners. Original shoes are then sold on StockX. Continue reading to learn more about StockXs authentication process. Styles To begin offering items for sale, you must create a seller account. You will receive active tracking information at this point. All content is for informational purposes only and should not be considered financial advice. You have many payment options with StockX. 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! Are you planning on placing a bid on StockX? StockX will connect shoes with another vendor if they fail to pass the authentication process. Don't let returns and other small issues set you back when you are trying to grow your income streams. However, if you purchase an item from outside sources and it comes with the StockX label, this can be problematic. James is the owner of JamesMcAllisterOnline.com. The online retailer has been a major player in the sneaker market since its 2015 launch by Dan Gilbert. But it also increases their legal vulnerability to a counterfeiting claim. (What To Know! Social Followers18.7kFansFacebook20.8kFollowersTwitter1.8kFollowersInstagram636SubscribersYouTube112FollowersLinkedIn136QuoraLove Counter. 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. These articles will help you learn more about StockX. Continue reading to learn more about shoes that fail to pass the StockX authentication test. Let us know in the comments section below. Cookie Notice (Full Details, Prices + More! After you wrap up the sale of your shoes, click on the "Print shipping label" button on the screen. All contents of the factory-sealed box must be present. But what makes StockX different from any other website where you can buy sneakers and high-value accessories on? Your account can be subject to a penalty fee if you sell and ship us: an item that does not meet our condition guidelines. 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. Bids, Buy Now, how to pay and deliveries. This action will print out the invoice as well as the shipping label that goes on the box. While its unlikely any further legal action would be taken against you (especially if its your first time selling counterfeit items and you didnt know they were counterfeit), you may be out for the total cost of the item. Your email address will not be published. A wholesaler has the option of listing items at a defined price or making them available for bidding. StockX uses black cards, although the card is usually the same colour as the tag. These items include size, color, condition, and other parts of the invoice. (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!) one of the rare instances where StockX will cancel orders for buyers. Its money well spent since it pays for the time and effort required to check and clean the shoes. Finally, look for noticeable scratches on leather or rubber. Is the product legit? 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. Sneakers have always been a huge interest of mine, for at least as long as Ive been rapping, and Im proud of the fact that Ive had so many collaborations with Nike and Jordan Brand, said Mathers in a statement. The company also offers 3, 6, 9, and 12 months payment plans. You can go back periodically to check if the prices have changed and decided if you want to edit your Bid. Although there is a section on the StockX website dedicated to B-grades, StockX prohibits the acceptance of factory seconds there. The products were Coach. Just recently, the Swoosh stated that they purchased and received four pairs of knockoff Nike shoes from the online retailer StockX. I hope that youve found this article helpful. StockX: Want to know more? Sneakers have been a canvas ever since the item was invented. Before taping up the box, inspect it thoroughly, so as not to risk them returning it to you. Unfortunately, the sneaker and athletic industries are not immune. Make sure to scroll down and check what the retail price of the sneakers youre bidding on was. If [investigations] did in fact find they were counterfeit, it is going to be bad for PR. StockX tags are marked with bold, large letters that say Verified or Authentic. This is where many imitation tags come from. If the laces are still in good condition, StockX will take your lacing-up shoes. If you cant find a UPS drop off location near you, its also possible to schedule a pickup. Shopping Guide The company operates as a live market, and as such, there are no options to return a product directly. How did you knowingly package wrong?? Of course, Nike might not actually care about the counterfeiting of a few shoes unto itself as much as this lawsuit might imply. Nike has doubled down on litigation against StockX in a heavyweight lawsuit between the biggest shoe manufacturer in the world and the hypebeast shoe . No arrests, no accusations. All of these actions are taken to expedite shipment to the customer as soon as possible. This is part and parcel of large companies trying to maintain controls over trademarks, products, and distribution lines, says Grinvald. Theyre completely indistinguishable, and they might pass any testing StockX could be doing on them. They werent, but whatever. How to Package Shoes for StockX. Verification. What if they claim its fake, or not in proper condition to sell? Hip-hop icon and Detroit native Marshall Mathers (a.k.a., Eminem) is an investor in StockX, but his ownership percentage is not known. The Detroit-based company StockX is a legit online marketplace for buying and selling sneakers (Credit: T. Schneider / Shutterstock). 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. StockX recently sent back the shoes that I sold for $195. The strict authentication process guarantees buyers 99.5% accuracy. As a last resort, you can try selling them at a garage sale or a flea market. A dedicated team begins a thorough inspection of the product once it arrives at StockX from the seller. By doing this first, StockX confirms every order matches. 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. 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. In the event that your information cannot be verified, you will be required to enter a new payment method to complete your transaction. Home A user can either click 'buy now' and submit a bid. The platform requests everyone considering bidding or making an offer to consider their circumstances. One of the common mistakes is putting the invoice printout outside the original shoebox. If you keep sending them fakes they will suspend your account. Since we are a marketplace, with live pricing, your transaction will not be completed automatically. StockX is the best place to shop for streetwear, sneakers and collectibles. 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. Perhaps its because its been worn by a person who has a different shoe size. It's been sitting dormat in my room for for almost a year I don't even own anything with scent. What If The Fake Shoes Made It To The Customer? The rise of e-commerce platforms has led to an increase in counterfeit goods on the market. In these cases, you should contact support. If the item was sold for under $100, you will be charged at minimum a $15 fee. Selling on StockX. . 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. It includes details about shipping and selling via StockX. Shoes that have been used can be resold at several different establishments. 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. Cant find the answer to your question? StockX does have physical locations, but not the kind you can shop currently. Your email address will not be published. If you dont take care of how you pack them, then its less likely that the shoes will arrive in great condition. What Happens If StockX Doesnt Approve During Verification? Canceling a Sale on Stock X - Advice Has anyone ever canceled a sale on StockX before? 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. StockX receives a pair of shoes resold on its platform and verifies that the shoes are authentic, even adding a special tag to mark their veracity. 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. They are so condescending and evil for this lack of transparency. A dedicated team begins a thorough inspection of the product once it arrives at StockX from the seller. The authenticator checks the packaging, product materials, and product construction. Originally released in April 1985 during Michael Jordans rookie season with the Chicago Bulls, these Air Jordan 1 High sneakers sell for $15,000 on StockX. StockX says that a regular order will ideally take seven to twelve business days to reach you. Along with Goat, it is among the biggest names in the sneaker resale market. 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. How can you make sure you dont fall for duping? A string is not possible to connect or disconnect. Sold sneakers on StockX they will suspend your account and as such, there are options... Shoes that I sold for $ 195 company StockX is a fake consider their circumstances noticeable scratches leather. Acceptance of factory seconds there to return a product directly, sell Now after you have few... 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