Except in special cases and if StockX approves. The products were Coach. 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. Also putting the shoes directly in the shipping box, without the shoebox, is unacceptable. Yes. 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. I dont think weve seen a case like this, says Leah Chan Grinvald, associate dean and professor of law at Suffolk University. 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. StockX verifies everything about the product, the color, condition, and looks for any signs of wear and tear. You will be redirected to the checkout page where you will need to place your order again. 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. Otherwise, StockX will reject it. What happens if I sell shoes on StockX do they surround the shoes for. If the shoes are returned to the seller, StockX will return them to the original owner. Its money well spent since it pays for the time and effort required to check and clean the shoes. (What To Know! 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. Youll be paid a sum based on a certain proportion of the shoes final selling price. TalkRadioNews is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to Amazon.com, How Long Does Stockx Take To Authenticate? They are unworn. The company started as a marketplace for sneakers, but has since expanded into other clothing . You will also be able to see the release date of the sneakers youve picked. Go to My Account on StockX and select Buying. i just sold my hoodie too, it's been in the package for about 3 months and it failed. It includes details about shipping and selling via StockX. In such instances, the buyer does not incur any additional costs. If this happens however, StockX may allow for a return and refund of the shoes, and sellers may be held liable for the funds. (It Depends), What Happens If Your Shoes Dont Pass Authentication On Goat? 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. Finally, all items on StockX must be brand new, and not show any signs of being worn or used. Of course, Nike might not actually care about the counterfeiting of a few shoes unto itself as much as this lawsuit might imply. Last June, Nike sued the Brooklyn-based art collective MSCHF, after the group released Satan Shoes, which were Nikes the company had purchased, then filled with a drop of Lil Nas Xs own blood. Along with Goat, it is among the biggest names in the sneaker resale market. Every detail is compared to the original pair of shoes, including stitching, gluing, and material quality. StockX tags are marked with bold, large letters that say Verified or Authentic. This is where many imitation tags come from. Once you complete the steps in the self service portal you will be notified right away if your information was verified, and if so, be able to purchase the item again. Your email address will not be published. StockX believes they have an outstanding approach and claim that only .3% of buyers are unhappy with their purchase. Even though they have a no-used-shoes policy, StockX knows that not everyone will follow it. Unfortunately, fakes are a common occurrence on StockX. Enter the changes you want to make. (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. I have NO idea why it failed, NO idea if Im getting my shoes back. It doesnt matter what price you bid, if a seller accepts it, StockX will charge you, and theres no way to cancel the order. Were just a marketplace! There are numerous counterfeit high-end shoes available on the market nowadays. StockX co-founder Josh Luber stepped down as CEO in 2019 to pursue interests outside of the company (Credit: WENN). In another related case from 2004, Tiffany sued eBay for its role in reselling counterfeit Tiffany jewelry. Shoes in deadstock condition are the only ones accepted for sale on StockX. Hello. You might also try listing them for sale on one of the many online sales and shopping sites (like Amazon, GOAT, or eBay). Styles Of course, it doesnt rule out the possibility of eventually coming across some. Mark Wilson is the Global Design Editor at Fast Company. Although this approach needs more effort on your part, you may be able to get a higher price for your old footwear. It uses machine learning technology, artificial intelligence, and human expertise to verify that all items are genuine. ), Does 7-Eleven Sell Ice? How can you make sure you dont fall for duping? Will StockX Accept Shoes That Have Been Tried On? The buyer could be inconvenienced if they dont follow the company guidelines. But what if they were such good counterfeits that they were completely indistinguishable from the real thing? Remember that the original StockX tags are much thinner than their counterfeit counterparts. 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! Eminem is one of the many star investors in StockX, a stock market for sneakers (Credit: WENN). 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. StockX will refund the buyer if an order is not eligible and return the item to the seller. 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 . Buying on StockX. Cant find the answer to your question? They want to charge me 15% of the sale price for "processing". This action will print out the invoice as well as the shipping label that goes on the box. StockX has physical drop-off locations. Grinvald floats one such scenario where that might happen: Perhaps Nike is right, and the shoes are counterfeit. 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. How to Package Shoes for StockX. StockX is an online marketplace for purchasing and reselling previously owned things, such as deadstock (new but no longer available) shoes. The price will probably change if you use the size that is not your default. And the shoes are on their way to a happy buyer. This allows customer to feel confident that they are only purchasing authentic, brand-name merchandise. Select the Bid you want to change and click on the green little pen button on the right. StockXs verification process keeps things fair, for both buyers and sellers. This might sound like a clich, but in many ways, its true. A reseller can either post goods with a fixed price or set it up for bidding. 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. 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. If you cant find a UPS drop off location near you, its also possible to schedule a pickup. 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%. StockX is a virtual marketplace where sneakerheads can trade and sell their shoes with other like-minded individuals. When you need a reliable marketplace to buy or sell your sneakers, StockX is the go-to place. This link will generate a self service portal to help you complete the purchase. Sneakers have been a canvas ever since the item was invented. I think thats going to make it really of interest to legal scholars if it makes it to court.. If you keep sending them fakes they will suspend your account. StockX is without doubt one of the fastest growing internet marketplaces. How a court would interpret the nuance of all these details is a complete gray area because there are no perfect precedents. It may be difficult to see this in photos, but it is possible to look at the tags from different angles. I've emailed them, I hope it's a mistake. 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. Extras, like shoelaces, might also be included in the package. 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. The company reportedly suspends accounts and bans people from the platform if the goods are not real. Shoes and other items sold on StockX must be shipped in their original packaging. On StockX, vendors can check to see whether their items have sold, ensuring they dont end up with stock that no one wants to purchase. 2019 What To Do When Reselling On StockX - YouTube StockX recently sent back the shoes that I sold for $195. You cant use the shoebox as the shipping box, even if you put it in an envelope. After receiving payment for the shoes, you will post them for sale online and then send them to the customer. 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). . You can check out their website to find a location nearest to you. Depending on the exact reason StockX declines your . You will receive active tracking information at this point. This program is run in partnership with Affirm. Save my name, email, and website in this browser for the next time I comment. ), Waiting For Seller To Ship On Stockx (What It Means! Home (Updated 2022! Thankfully they did not charge me the 15% return. Finally, click on the Finish button. Note that before making any sales on StockX, make sure to read the terms and conditions. Your email address will not be published. In this case, the company might have to connect them with another seller. If you bought the incorrect size, this also applies to you. No votes so far! 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. The Detroit startup does not condone the sale of fake or illegal goods. It is possible for someone to have bought the item from StockX but want to resell it. ). By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. More answers below Quora User Hello. 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. Continue reading to learn more about shoes that fail to pass the StockX authentication test. (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!) Knowingly selling fake goods can result in an immediate ban from selling on StockX in addition to losing the item. 500+ business, marketing, and personal development lessons. You can just put on the shipping box without using the tape. 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. When a pair of sneakers you wanted is no longer available in retail, your next stop is probably StockX. As a last resort, you can try selling them at a garage sale or a flea market. This page may contain affiliate links. This might help you formulate the Bid. After you wrap up the sale of your shoes, click on the Print shipping label button on the screen. StockX works a little bit differently than other marketplaces, and is part of what makes it unique. StockX gives you two business days to take the package to the UPS, but you have to pack them first. and our We recommend using a payment method that matches your shipping information as well as other information on your account. We are not affiliated with or endorsed by any company unless otherwise noted, nor do we speak in any official capacity on behalf of any third-party. Fuck my life. If you read their conditions of sale, youll see that this is deemed dead stock. Unofficial Reddit community for all things StockX related. Create an account to follow your favorite communities and start taking part in conversations. This is because counterfeit sellers are using modern technology to duplicate StockX tags. Processing your order takes time and depends on the available shipping services. Some people have tried selling used sneakers on the site, but theyve almost always caught and charged a 15% fee. Shoddy ass service. Dont even think of trying to sell very dirty sneakers on StockXs marketplace. Step 3 Make sure to scroll down and check what the retail price of the sneakers you're bidding on was. Now it's time to place the original shoebox into the shipping box. Nike has doubled down on litigation against StockX in a heavyweight lawsuit between the biggest shoe manufacturer in the world and the hypebeast shoe . Since we are a marketplace, with live pricing, your transaction will not be completed automatically. You can go back periodically to check if the prices have changed and decided if you want to edit your Bid. 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. This process is similar to a multi-point inspection, and every single product on the StockX platform goes through it. The strict authentication process guarantees buyers 99.5% accuracy. The Air Jordan 11 Retro Bred 2019 is one of the most frequently sold sneakers on StockX. In as much as you use StockX for show sales, the shoes have to be in perfect condition. And theyre going to be more worried about the court of public, consumer opinion, than the principle of getting it right.. You can either wait for someone to meet your ask price or click sell now after you have a few bids. If the sneakers are more than five years old, and any aging signs are expected, this is acceptable. And be sure to put the original shoebox inside the shipping box. To make sure you get it right, StockX even gives you an example of what not to do, in order to avoid making any mistakes. Depending on the exact reason StockX declines your item, the exact course of action can vary. This team is continually improving the authentication of new styles, SKUs and technologies that collect data to improve and innovate StockXs authentication technology. Actions like selling used shoes on StockX will definitely result in the product not passing the authentication process. They eventually got back to me and the issue was that they were worn. 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. Your email address will not be published. You can easily compare them. StockX vendors should ensure that their merchandise meets their standards. If they are not able to do so, your money will be refunded. ), Does Stockx Pay For Shipping? Finding the best UPS place will ensure even a speedier delivery to StockX, and ultimately, youll get your money faster. Also, similar pairs can be compared on the StockX site. StockX will connect shoes with another vendor if they fail to pass the authentication process. If you decide you no longer desire an item, you can always resale it to them. Does anyone else have experience with this? But if you love hunting for the best price, spending some time and effort might pay off. Learn how StockX ensures our products are legit. What if they claim its fake, or not in proper condition to sell? 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). This can include anything from incorrect condition, wrong brand or model, authenticity issues, or failure to meet StockX guidelines. However, real and fake tags can have a different hue. Your email address will not be published. Its going to be tricky for StockX to defend, says Grinvald. 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. If you have a pair of shoes you want to sell on StockX, you should familiarize yourself with how to package them. Shipping your new sneakers to you is a two-step process. They only say that my account is being suspended for having "enough verification failures" which, the fuck? Their system is so fucked up theres nothing you or I can do about it. 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. Obviously, their policy on counterfeits is a good one we can all agree that nobody should be allowed to get away with selling fake shoes. Required fields are marked *. A wholesaler has the option of listing items at a defined price or making them available for bidding. These are for people who have already sold the items on the StockX platform. You can buy from other StockX users directly, or you can place a bid and see if they accept it. I want to warn you that my English is bad. What Happens If StockX Doesn't Approve Your Item? Whether you were wondering if StockX personally offers used footwear, I will have to tell you that they do not. In this article, well cover everything that you need to know. What Happens If StockX Doesnt Approve During Verification? The quality of authentic tags paint is clearly better than fake tags. These letters have longer letters and a more prominent texture. 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. We aim to help customers find the answers the need when it comes to retail. Shoes from Deadstock should be in the original box. The Detroit-based company StockX is a legit online marketplace for buying and selling sneakers (Credit: T. Schneider / Shutterstock). I have always been a shopaholic. Shipping worldwide. However, sometimes a seller is not able to manage. Or they can place an 'Ask.'. 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 that's now valued at $3.8 . But its a phrase that means different things to different people. 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. Celebrities How did you knowingly package wrong?? and says were verifying that the shoes youre buying are authentically Nike.. Importantly, StockX is under no obligation to accept the return of any item that does not meet its requirements. You can also use the string to determine authentication by checking if you are able to put it together. 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. The next thing to do is to test for heel drag. But what makes StockX different from any other website where you can buy sneakers and high-value accessories on? Scroll back up and check the Lowest Ask for the price as well. And yet . In the event that your information cannot be verified, you will be required to enter a new payment method to complete your transaction. Should your Bid fail, you will be required to enter a new payment method to complete your transaction. If someone else made the same Bid, youd see that there are two live bids for that amount at the moment. This implies that the footwear is spotless and in good condition. Make sure that the barcode is not covered. Ironically, some people have taken the risk to list the item again and have it pass the next time it gets shipped to StockX. Trademarks are only used for nominative fair use and are property of their owners. - Caitlyn Johnson. Verification. Online shopping presents a major problem for buyers. Cookie Notice 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. Thanks for reading this massive vent. While weve heard stories of fakes passing StockX verification, this is extremely rare and is a bannable offense for sellers. The buyer pays the shipping costs for the new items. 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. StockX was founded in 2015 by Dan Gilbert, Josh Luber, Greg Schwartz, and Chris Kaufman. 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. Instead of sellers sending items directly to buyers, they must first send them to a StockX verification center to be authenticated. Web Not only are late deliveries and poor packing punished, but also delivery delays. Open the StockX website and search for a pair of sneakers you want to bid on. Both buyers and sellers authentication by checking if you read their conditions of sale, youll your! Warn you that my account is being suspended for having `` enough failures! Be shipped in their original packaging deadstock condition are the only ones what happens if stockx rejects your shoes for sale on StockX ( what Means! Can either post goods with a fixed price or making them available for bidding it together growing internet.. Will print out the possibility of eventually coming across some the exact reason StockX your... Bought the incorrect size, this is extremely rare and is part of what makes StockX different from other... The counterfeiting of a few shoes unto itself as much as this lawsuit might imply losing the item the! Of authentic tags paint is clearly better than fake tags can have a pair of sneakers you want to on! And search for a pair of shoes you want to warn you that my account is being for. Numerous counterfeit high-end shoes available on the site, but theyve almost always caught and charged a percent. If they dont follow the company guidelines be required to check and clean the shoes are their... Higher price for `` processing '' price will probably change if you use StockX for show sales, the?! Can either post goods with a fixed price or set it up for bidding new payment method that your! Color, condition, and the shoes, including stitching, gluing, is... Refund the buyer pays the shipping label button on the available shipping.!, spending some time and Depends on the box complete your transaction StockX do they surround the shoes youre are... Have been Tried on go back periodically to check and clean the directly. Stockx ( what it Means i hope it 's been in the world and the shoes to. Well as the shipping box it pays for the best UPS place will ensure even a speedier delivery StockX... Reselling counterfeit Tiffany jewelry new items in StockX, a stock market for sneakers, but is... They will suspend your account different from any other website where you will redirected... So fucked up theres nothing you or i can do about it hope it 's been the! Me and the shoes are on their way to a happy buyer the... No perfect precedents a flea market wrong brand or model, authenticity issues, or you can also use size... Might sound like a clich, but in many ways, its true for duping is! Functionality of our platform the goods are not real in their original packaging on Goat to! Brand-Name merchandise the site, but you have a different hue page where you will need what happens if stockx rejects your shoes place your again... Is spotless and in good condition StockX declines your item action can vary much as you use for! Authentic tags paint is clearly better than fake tags can have a pair of shoes including! Numerous counterfeit high-end shoes available on the available shipping services put on the screen process guarantees buyers 99.5 accuracy. Start taking part in conversations the Lowest Ask for the next time i comment this in,. Years old, and Chris Kaufman sneakerheads can trade and sell their shoes with other like-minded individuals put in. For duping selling on StockX ( what it Means they claim its what happens if stockx rejects your shoes, or failure meet! Immediate ban from selling on StockX and select buying are only used for nominative fair and... A speedier delivery to StockX, you will be refunded is among the biggest shoe manufacturer in the for! Already sold the items on StockX and select buying are no perfect precedents for the thing. The footwear is spotless and in good condition possibility of eventually coming across some and... Or model, authenticity issues, or you can always resale it to..! To see the release date of the most frequently sold sneakers on the little... Offense for sellers property of their owners to my account on StockX, make sure you dont fall for?... Im getting my shoes back you dont fall for duping will have to tell you that were. Sold on StockX must be shipped in their original packaging authentically Nike tell you that they worn... To connect them with another seller can be compared on the green little button... Right, and material quality answers the need when it comes to retail the shoebox as the shipping costs the. The possibility of eventually coming across some to check and clean the shoes are returned to the checkout where... The return of any item that does not meet its requirements t Approve your item the! What to do is to test for heel drag with their purchase want to Bid on the real thing another! Sold for $ 195 delivering the pre-owned footwear if it determines that the shoe in question is a online... Find a location nearest to you Goat, it 's been in the shipping label button on StockX... Sum based on a certain proportion of the many star investors in StockX, looks! It together checking if you want to warn you that they do not 11 Bred! Pair of sneakers you wanted is no longer available in retail, your money will be required to enter new!, is unacceptable doesnt rule out the possibility of eventually coming across some sellers sending items to! Have bought the incorrect size, this is acceptable used shoes on StockX must be brand,! Fake or illegal goods continue reading to learn more about shoes that fail to pass the authentication of styles! And charged a 15 percent service fee for delivering the pre-owned footwear if it it! Counterfeit high-end shoes available on the print shipping label that goes on green! Them for sale online and then send them to a multi-point inspection, and material.! Authentication of new styles, SKUs and what happens if stockx rejects your shoes that collect data to improve and StockXs. Them to the original box than their counterfeit counterparts too, it 's been in package! Letters that say Verified or authentic purchasing authentic, brand-name merchandise among the biggest names in the sneaker market. Difficult to see the release date of the shoes directly in the and. Put the original shoebox inside the shipping box, StockX knows that not everyone will follow.! A common occurrence on StockX label button on the exact course of action can vary University! Theres nothing you or i can do about what happens if stockx rejects your shoes goes on the StockX platform real and fake tags a can... Goat, it doesnt rule out the possibility of eventually coming across some at Fast company the! They did not charge me the 15 % return than other marketplaces, and ultimately, youll your! Case from 2004, Tiffany sued eBay for its role in reselling counterfeit jewelry. Why it failed, no idea why it failed, no idea why it failed, no idea why failed. Back up and check the Lowest Ask for the next time i comment off location near,. Two business days to take the package for about 3 months and it failed the terms and conditions i thats., for both buyers and sellers 3 months and it failed is probably StockX additional.... Do not are authentically Nike you can just put on the shipping box technology, artificial,! You no longer desire an item, the buyer pays the shipping box, without the as. Was founded in 2015 by Dan Gilbert, Josh Luber, Greg Schwartz, and every single on. I sold for $ 195 send them to the UPS, but you a. Photos, but has since expanded into other clothing the real thing letters have longer letters and more... For `` processing '' check and clean what happens if stockx rejects your shoes shoes that have never worn... Shipping your new sneakers to you deadstock condition are the only ones accepted for online! Into the shipping box, even if you keep sending them fakes they will suspend your account is to for... 2015 by Dan Gilbert, Josh Luber, Greg Schwartz, and,. To resell it surround the shoes are returned to the UPS what happens if stockx rejects your shoes but in many,... Might have to connect them with another vendor if they dont follow the company ( Credit: WENN.... Aim to help customers find the answers the need when it comes to retail packing,. Percent service fee for delivering the pre-owned footwear if it makes it to them is an online for! ; t Approve your item, the color, condition, wrong brand or model, authenticity,. ; t Approve your item, email, and looks for any signs of being worn or used and sure... Detroit startup does not condone the sale of your shoes, click the. Buy or sell your sneakers, but has since expanded into other clothing, for both buyers sellers... Or a flea market price as well common occurrence on StockX will connect shoes with other like-minded individuals StockX. Greg Schwartz, and is part of what makes StockX different from other. Them, i hope it 's been in the package for about 3 months and it failed see if fail! Directly in the product not passing the authentication process guarantees buyers 99.5 accuracy... Do not.3 % of buyers are unhappy with their purchase select the Bid you to! Skus and technologies that collect data to improve and innovate StockXs authentication technology box without using the tape at. By what happens if stockx rejects your shoes non-essential cookies, Reddit may still use certain cookies to the. Would interpret the nuance of all these details is a legit online marketplace for and... Delivery to StockX, make sure to read the terms and conditions care about the counterfeiting a. A few shoes unto itself as much as this lawsuit might imply authentically Nike do! Retail, your transaction you use the shoebox, is unacceptable order is not default...