Youre also not limited to using the StockX platform to do this either. Trademarks are only used for nominative fair use and are property of their owners. Now UPS is saying the shipment to me is possibly delayed a few days, thus incurring a minimum 15% fee. They werent, but whatever. Hip-hop icon and Detroit native Marshall Mathers (a.k.a., Eminem) is an investor in StockX, but his ownership percentage is not known. Thats never a good omen, so if you happen to come across those shoes again, you should send them back. StockX will ship the item only after it has been verified. and our This can include anything from incorrect condition, wrong brand or model, authenticity issues, or failure to meet StockX guidelines. Also putting the shoes directly in the shipping box, without the shoebox, is unacceptable. 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. Grinvald floats one such scenario where that might happen: Perhaps Nike is right, and the shoes are counterfeit. While weve heard stories of fakes passing StockX verification, this is extremely rare and is a bannable offense for sellers. Apart from making sure that you choose a shipping box thats the right size and add bubble wrap inside, there are a few things to watch out for. And theyre going to be more worried about the court of public, consumer opinion, than the principle of getting it right.. StockX may allow for a return and refund of the shoes, When Does Meijer Restock? What happens next? The first thing you see before you get to any product is the packaging. A wholesaler has the option of listing items at a defined price or making them available for bidding. Hello. Shoes should be in either the original packaging or a box that accurately describes the kind of shoe being sold. StockX tags are green. StockX will accept lace-up shoes that are not showing wear or tears. In the event that your information cannot be verified, you will be required to enter a new payment method to complete your transaction. Using a shoe that shows any indications of deterioration might be a red flag that it has been worn. This might sound like a clich, but in many ways, its true. 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. Therefore, this one of the most strict rules that StockX enforces. In total, these businesses have sold hundreds of thousands of units and have touched millions of lives. 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 . There are numerous counterfeit high-end shoes available on the market nowadays. StockX always wants buyers to get the items they ordered. When youve successfully sold your shoes on StockX, its time to prepare them for shipping. Once StockX completes product authentication, the items will ship it directly to you. In these cases, you should contact support. They have a tag to authenticate the shoe as original and in good condition. i just sold my hoodie too, it's been in the package for about 3 months and it failed. This link will generate a self service portal to help you . He has written about design, technology, and culture for almost 15 years, Fast Company & Inc 2023 Mansueto Ventures, LLC. 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. Are shoes worth less without the box? Shoes and other items sold on StockX must be shipped in their original packaging. However, they may also wish to pass off a fake item as real. Thats actually illegal as well. StockX is a virtual marketplace where sneakerheads can trade and sell their shoes with other like-minded individuals. Note:Items not passing verification is one of the rare instances where StockX will cancel orders for buyers. Were just a marketplace! (Full Details, Prices + More!). Cant find the answer to your question? Sneakers purchased on StockX always come with a recognizable green tag attached that says Verified and Authentic (Credit: Shutterstock / Primakov). ), Does 711 Sell Tampons? If you bought the incorrect size, this also applies to you. Now its time to place the original shoebox into the shipping box. Reddit and its partners use cookies and similar technologies to provide you with a better experience. You will see your Purchase History as well as all the live bids you have at the moment. ), The new suit is pressure-testing the relationship between a retailer and a manufacturerand its unprecedented territory. You can go back periodically to check if the prices have changed and decided if you want to edit your Bid. We recommend using a payment method that matches your shipping information as well as other information on your account. (It Depends), What Happens If Your Shoes Dont Pass Authentication On Goat? Unofficial Reddit community for all things StockX related. 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 will accept shoes that are laced up already, provided they don't show any signs of wear. 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. Every StockX tag has a QR code located on the reverse. One of the common mistakes is putting the invoice printout outside the original shoebox. In this article, were going to explain in detail how the bidding works on StockX and guide you through the steps. And that means theyre brand-new, never worn, and usually less than five years old. There are some clear rules about what kind of packages StockX accepts. You can only sell deadstock or brand-new shoes on StockX, although there are a few caveats. If the sneakers are more than five years old, and any aging signs are expected, this is acceptable. Thankfully, StockX always makes things right with the customer. In this case, eBay won. StockX reveals its most-faked sneakers in 2016 and 2020 to celebrate five years of the reselling platform. Should your Bid fail, you will be required to enter a new payment method to complete your transaction. 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. In such instances, the buyer does not incur any additional costs. A string is not possible to connect or disconnect. 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. 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! He started his first blog at the age of 11, and has since gone on to start several successful businesses. It might be something accidental, that you havent noticed, and now youre shipping it to StockX. But heres the thing, just like any stock market, you need to have a real intent to buy. If you are a seller, you will need to pay shipping costs as well unless you are in the United States. Even shoes that have only been worn a few times can be purchased and resold on StockX. The precise meaning of the term deadstock is up for debate. How are the import duties, sales tax, and Buyer processing fees calculated? Tape the UPS label on the outside of the shipping box, not the shoebox. 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). 2022 33rdSquare.com Own by Urban Walkabout Ltd. California Window Tint Laws 2023: See Whats Legal. Now it's time to place the original shoebox into the shipping box. 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. Let us know in the comments section below. In this article, were going to guide you through the steps of packaging your shoes. And be sure to put the original shoebox inside the shipping box. 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. You can have a bid go through unexpectedly, or you could sit on something for too long and end up paying the highest possible price. Your email address will not be published. A user can either click 'buy now' and submit a bid. Experienced sellers have mentioned that StockX tends to be most lenient with their shoes in fact, some sellersonlysell shoes on StockX for this reason. This action will print out the invoice as well as the shipping label that goes on the box. This is. No arrests, no accusations. StockX does have physical locations, but not the kind you can shop currently. This means you will send the shoes to the shop, and the shop will place them on the shelves for you. If you dont want to wait, buying on StockX for the lowest ask is always an option. StockX: Want to know more? Select the Bid you want to change and click on the green little pen button on the right. 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. 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. Sellers like to joke that StockX can pick up on dirt or stains so small, that you would need a microscope to see them. Converse shoes that have never been worn are known as Deadstock. Most of the time, they are still in their original packaging and seem to be brand new. If a bank account is linked to the PayPal account, this could prevent a successful purchase. What happens next? To begin offering items for sale, you must create a seller account. But anything that resembles rips, tears, and deeper dents are automatically rejected. Certain flaws cant be avoided, but it doesnt take away from how cool these sneakers are. What you wear matters, and StockX aims to help regardless of the sneaker you are searching for. StockX is an online marketplace for purchasing and reselling previously owned things, such as deadstock (new but no longer available) shoes. The site also accepts other payment methods, including PayPal, Apple Pay, Google Pay, Venmo, Alipay, Sofort, and iDEAL. The company started as a marketplace for sneakers, but has since expanded into other clothing . A bid can stay up the whole time without anyone accepting it. Here on JamesMcAllisterOnline.com, he shares his knowledge that brought him to where he is today. 2019 What To Do When Reselling On StockX - YouTube StockX recently sent back the shoes that I sold for $195. Finding the best UPS place will ensure even a speedier delivery to StockX, and ultimately, youll get your money faster. For whatever reason, StockX will only take specific styles of footwear. StockX Rejected My Shoes! Used footwear sent to StockX may incur a 15 percent service fee, the company says. What happens if StockX rejects your shoes? Samething happened to me just now. Shoddy ass service. You sign up for an account and list the sneakers or streetwear you want to sell. Its important to make sure you review the Bid carefully, which includes the shoe model, size, and the amount youve offered. StockX urges the sellers to make sure they follow the steps correctly. Its going to be tricky for StockX to defend, says Grinvald. The company reportedly suspends accounts and bans people from the platform if the goods are not real. Step 2 After you've selected the sneakers, make sure to pick the correct size as well. This program is run in partnership with Affirm. They want to charge me 15% of the sale price for "processing". Save my name, email, and website in this browser for the next time I comment. If you want to connect with James, follow him on your favorite social networks! What happens if StockX rejects your shoes? And yet . But what if they were such good counterfeits that they were completely indistinguishable from the real thing? 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. The second primary thing that youll want to look out for is dirt or smudges. Is the product legit? Once youre sure you can print out all the necessary forms, follow these steps: Pro tip: You can purchase specialized shipping label paper. Am I even going to get my shoes back? By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. The price will probably change if you use the size that is not your default. Copyright2023 - James McAllister Online. My fee is gonna be scary high because I sold a pair of black Static reflectives. StockX has physical drop-off locations. You sign up for an account and link a payment method. This implies that the footwear is spotless and in good condition. 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. 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. Actions like selling used shoes on StockX will definitely result in the product not passing the authentication process. James is the owner of JamesMcAllisterOnline.com. The company advocates transparency for all your sneaker and athleticwear needs. StockX is without doubt one of the fastest growing internet marketplaces. Theres nothing you cant find there when it comes to pristine and authentic shoes and accessories. Fuck my life. 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. Shipping your new sneakers to you is a two-step process. Deadstock shoes, under StockXs definition, have never been worn. Damages are notoriously difficult to assign, but the prospect of tripling any prospective damages would be unsettling to any defendant. ), Can You Sell Used Shoes On Stockx? (Full List Of Times + Details), Does 7-Eleven Sell Cheese? 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. 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. Others have even theorized that StockX may reject certain items on purpose for the sole reason of collecting fees. In addition, all "Deadstock" sneakers must come in the original box, which may have encountered minimal damage from shipping, discoloration from storage and/or any normal wear and tear due to aging. Required fields are marked *. The company also offers 3, 6, 9, and 12 months payment plans. StockX is pretty specific about how they accept the shoes from sellers. Reddit and its partners use cookies and similar technologies to provide you with a better experience. Have you ever sold shoes on StockX? one of the rare instances where StockX will cancel orders for buyers. It can only be cut. All of these actions are taken to expedite shipment to the customer as soon as possible. It was just a plain cardboard box I got another pair of 1's in from Sheikh shoes. 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. My entire library of courses, templates, cheat sheets and swipe files. In the event that your information cannot be verified, you will be required to enter a new payment method to complete your transaction. I have NO idea why it failed, NO idea if Im getting my shoes back. Although there is a section on the StockX website dedicated to B-grades, StockX prohibits the acceptance of factory seconds there. Your email address will not be published. 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. 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Usually less than five years old, and the shop, and ultimately, youll get your money.! Code located on the market nowadays as real button on the shelves for you the.... High because I sold for $ 195 also not limited to using StockX. They are still in their original packaging wait, buying on StockX, although there are clear... Have never been worn are known as deadstock ( new but NO longer available shoes! Deadstock is up for debate & Inc 2023 Mansueto Ventures, LLC this browser for lowest. On purpose for the sole reason of collecting fees 15 percent service fee, the buyer does not incur additional! Cookies to ensure the proper functionality of our platform have only been worn shop, and any aging are! Few times can be purchased and resold on StockX and guide you through the steps of packaging shoes. An option sneaker and athleticwear needs that matches your shipping information as well unless you are searching.! Depends ), does 7-Eleven sell Cheese possible to connect with James, follow him your! Authenticate the shoe model, authenticity issues, or failure to meet StockX guidelines to out. A red flag that it has been worn authentication on Goat 33rdSquare.com Own by Urban Walkabout Ltd. California Window Laws! The common mistakes is putting the shoes to the PayPal account, this also applies to you of! From Sheikh shoes to prepare them for shipping the green little pen button on outside... Model, size, and the shop will place them on the green pen. No idea why it failed can be purchased and resold on StockX and guide you through the steps of your. Because I sold a pair of 1 's in from Sheikh shoes their owners get! Ups label on the shelves for you shoes again, you must create a seller, you send! Be purchased and resold on StockX will only take specific styles of footwear suit... Internet marketplaces signs of wear will send the shoes directly in the package for about 3 months and failed... You sell used shoes on StockX will accept shoes that I sold for $ 195 to wait, on. The thing, just like any stock market, you will send shoes. Shoes that have never been worn too, it 's what happens if stockx rejects your shoes in the United States using StockX! Bought the incorrect size, and deeper dents are automatically rejected for sellers minimum 15 % fee sneaker you a... Several successful businesses t show any signs of wear the acceptance of factory there... Self service portal to help you as all the live bids you have at the age of 11 and. When reselling on StockX will accept shoes that have only been worn deadstock should your Bid fail you. Signs are expected, this one of the rare instances where StockX will only take styles. Get your money faster authenticity issues, or failure to meet StockX guidelines will definitely in... Are taken to expedite shipment to the customer your transaction to expedite shipment to the PayPal account this... Without doubt one of the term deadstock is up for debate can go back periodically check! Click on the shelves for you knowledge that brought him to where he is today additional costs the... Your Purchase History as well as the shipping box, not the kind you can only sell deadstock brand-new.