Step 2 After you've selected the sneakers, make sure to pick the correct size as well. Of course, it doesnt rule out the possibility of eventually coming across some. A phony tag is easily identified by its chipped paint and messiness. A dedicated team begins a thorough inspection of the product once it arrives at StockX from the seller. I want to warn you that my English is bad. What happens next? Scroll back up and check the Lowest Ask for the price as well. (What To Know! Their system is so fucked up theres nothing you or I can do about it. Home 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. 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. Privacy Policy, Brands 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. Take the invoice and place it in the original shoebox, not the shipping box. This might help you formulate the Bid. A user can either click 'buy now' and submit a bid. The site also accepts other payment methods, including PayPal, Apple Pay, Google Pay, Venmo, Alipay, Sofort, and iDEAL. This link will generate a self service portal to help you . StockX: Want to know more? Sellers who do notsend their shoes out on time or do not package them securely might be punished by StockX. 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. Although it is not common to sell fake products on this platform it is important to keep an eye out for sellers selling them. If you want to connect with James, follow him on your favorite social networks! Even shoes that have only been worn a few times can be purchased and resold on StockX. 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. Step 3 Make sure to scroll down and check what the retail price of the sneakers you're bidding on was. 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. . The platform requests everyone considering bidding or making an offer to consider their circumstances. Your Bid also has an expiration date. StockX is pretty specific about how they accept the shoes from sellers. But it also increases their legal vulnerability to a counterfeiting claim. Here on JamesMcAllisterOnline.com, he shares his knowledge that brought him to where he is today. If you realize that youve made a mistake and need to go back to fix it, its not a problem. StockX tags are marked with bold, large letters that say Verified or Authentic. This is where many imitation tags come from. (Everything To Know! After you wrap up the sale of your shoes, click on the "Print shipping label" button on the screen. These are for people who have already sold the items on the StockX platform. You can edit or update your Bid at any time while its still live, and no one has accepted it. However, sometimes a seller is not able to manage. Yes. 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. . 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. There are some clear rules about what kind of packages StockX accepts. How a court would interpret the nuance of all these details is a complete gray area because there are no perfect precedents. Along with Goat, it is among the biggest names in the sneaker resale market. (It Depends), What Happens If Your Shoes Dont Pass Authentication On Goat? If the item does not pass the authentication test, StockX will attempt to connect the buyer with a new vendor. Grinvald believes that Nikes own attorneys added the counterfeiting claims, which could perform strongly in court, to bolster what the company is really upset about: StockX selling Nike NFTs when Nike acquired a company of its own in December 2021 to sell NFTs of its own. It is extremely rare that customers actually receive shows that can be proven to be counterfeit. If the sneakers are more than five years old, and any aging signs are expected, this is acceptable. 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. - Caitlyn Johnson. Only new or previously unworn shoes in excellent condition are accepted on StockX. After ensuring that youve followed the protocol of adequately packaging your shoes for StockX, its time to send them to the company. Tape the UPS label on the outside of the shipping box, not the shoebox. ' says Grinvald. http://bit.ly/2AbwKld INSTAGRAM https://www.instagram.com/workingmillionaire ----------------------------------------------------------------------------------------------------------------Discount Codes:Try Amazon Prime Free for 30 days: https://amzn.to/2LL2uhxAmazon Prime Student FOR FREE: https://amzn.to/2C4thptGet HBO For FREE: https://amzn.to/2PSEU5VTry Twitch Prime: https://amzn.to/2wwQ6guMy Gear:Camera: https://amzn.to/2MhVZbNDJI Osmo Mobile 2: https://amzn.to/2NFyDx1Microphone: https://amzn.to/2LZPAwYNeewer Ring Light: https://amzn.to/2mYQUWaLaptop: https://amzn.to/2xBo6sy----------------------------------------------------------------------------------------------------------------Thanks for Watching! StockX is undoubtedly one of the few online retailers that has a strict authentication policy. Its important to make sure you review the Bid carefully, which includes the shoe model, size, and the amount youve offered. Assuming you paid the ask or won the bid, your next step is to wait for the premium sneakers to arrive with their authentication paperwork. But in case you're not used to checking your email often, there's another way you can track your order. Unofficial Reddit community for all things StockX related. StockX does not place tags on the right shoe so if the tag hangs from the right shoe it is likely a fake. Shipping your new sneakers to you is a two-step process. Will StockX Accept Shoes That Have Been Tried On? It is harder to identify a fake streetwear item. Nike might argue such a shoe is counterfeit, but, at the end of the day, it was made by Nike! says Grinvald. It will be easier to tell a fake tag from one that is real if you have a StockX tag. As a reminder, if you are using PayPal, please ensure a credit card is linked to your account. They also put a lot of emphasis on making sure that the shoes arent fake. 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. 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. The next thing to do is to test for heel drag. Shoes in deadstock condition are the only ones accepted for sale on StockX. You will also be able to see the release date of the sneakers youve picked. The company reportedly suspends accounts and bans people from the platform if the goods are not real. If you bought the incorrect size, this also applies to you. The precise meaning of the term deadstock is up for debate. Scroll down a bit and choose the duration of your Bid as well. 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. It's been sitting dormat in my room for for almost a year I don't even own anything with scent. You will receive active tracking information at this point. While StockX endeavors to have your product arrive in perfect condition, they cannot control the shipping. StockXs verification procedure is quickly earning a bad reputation for being easy to cheat in the case of counterfeits and pre-owned footwear. Im very scared. For sellers, the process is not that different. The battle started in February, when Nike filed a trademark suit against StockX, after StockX announced a program that promised to turn your shoe purchases on its site into instant NFTs. Sneakers have been a canvas ever since the item was invented. Don't let returns and other small issues set you back when you are trying to grow your income streams. And the shoes are on their way to a happy buyer. After that, click on the View All Bids option to see if the amount youve listed is available. 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. (Full Guide! You might also try listing them for sale on one of the many online sales and shopping sites (like Amazon, GOAT, or eBay). I want to warn you that my English is bad. At least now you know exactly how to place a bid. A possible solution is to sell them via a consignment shop or online marketplace. Use tape to close the box safely. StockX is within its rights to send the counterfeit footwear back to the original buyer. StockX uses black cards, although the card is usually the same colour as the tag. StockX will connect shoes with another vendor if they fail to pass the authentication process. (What To Know! So, youll want to be certain that all items you sell are authentic and in perfect condition to be sold on StockX. (Full Details). It comes with the sticky side. I have always been a shopaholic. Shoddy ass service. And if the package doesnt meet their requirements, theyll send it back to you immediately and charge you the shipping fee. Your account can be subject to a penalty fee if you sell and ship us: an item that does not meet our condition guidelines. You should not expect the StockX support team to rule in your favor, though. I hope that youve found this article helpful. 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. StockX tags with the most common color are shamrock shades of green. When a pair of sneakers you wanted is no longer available in retail, your next stop is probably StockX. Some acceptable flaws are minor discolorations that are entirely uncontrollable. Press question mark to learn the rest of the keyboard shortcuts. After receiving payment for the shoes, you will post them for sale online and then send them to the customer. 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? I dont think weve seen a case like this, says Leah Chan Grinvald, associate dean and professor of law at Suffolk University. However, real and fake tags can have a different hue. I listed a shoe for sale before I received it from Nike. And theyre going to be more worried about the court of public, consumer opinion, than the principle of getting it right.. Depending on the exact reason StockX declines your . Others have even theorized that StockX may reject certain items on purpose for the sole reason of collecting fees. (Is It Really, Though? ), How Does Stockx Know You Shipped? Original shoes are then sold on StockX. What if they claim its fake, or not in proper condition to sell? 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. Theyre completely indistinguishable, and they might pass any testing StockX could be doing on them. Win free shoes, organize your shoe closet, see the latest styles + more, About StockX refers to the shoes they buy and sell as deadstock sneakers. 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. Selling on StockX. In addition to having the laces, the shoes must be laced up for StockX to accept them. i just sold my hoodie too, it's been in the package for about 3 months and it failed. StockX believes they have an outstanding approach and claim that only .3% of buyers are unhappy with their purchase. Youll be paid a sum based on a certain proportion of the shoes final selling price. It is possible for someone to have bought the item from StockX but want to resell it. Should your Bid fail, you will be required to enter a new payment method to complete your transaction. They may also have different dimensions than the real card because they are often narrower or longer. But dont go overboard either, there is such a thing as an over-wrap. While fraudulent tags may have many shades of green, legit ones will always be the same color. If the laces are still in good condition, StockX will take your lacing-up shoes. Otherwise, it can be a wasted effort. If the shoes are returned to the seller, StockX will return them to the original owner. What you wear matters, and StockX aims to help regardless of the sneaker you are searching for. Ironically, some people have taken the risk to list the item again and have it pass the next time it gets shipped to StockX. Nike has doubled down on litigation against StockX in a heavyweight lawsuit between the biggest shoe manufacturer in the world and the hypebeast shoe . 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). As a last resort, you can try selling them at a garage sale or a flea market. Then last week, Nike upped the legal ante: It added an accusation of counterfeiting on top of its existing trademark suit, claiming that it purchased four pairs of fake Nikes from StockX. ), What Condition Do Shoes Have To Be To Sell On Stockx? 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. 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. The first thing you see before you get to any product is the packaging. Some people have tried selling used sneakers on the site, but theyve almost always caught and charged a 15% fee. Basically, eBay argued that it made large investments to ensure companies like Tiffany could flag fraudulent listings, while taking the defense that it was just a reselling platform anyway. 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. How to Package Shoes for StockX. For whatever reason, StockX will only take specific styles of footwear. If you are a seller, you will need to pay shipping costs as well unless you are in the United States. Perhaps that was a breach of her contract, but it was not an issue of counterfeiting, Grinvald notes. Asks, Sell Now, shipping, verification and payment info. If a bank account is linked to the PayPal account, this could prevent a successful purchase. . In such instances, the buyer does not incur any additional costs. After youve selected the sneakers, make sure to pick the correct size as well. The one exception to this in regards to fake or counterfeit goods. 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. 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 have insider knowledge and expertise that most people do not. 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. Thats never a good omen, so if you happen to come across those shoes again, you should send them back. You have many payment options with StockX. During times of excessive demand or unusual circumstances like COVID-19, StockX may extend the shipping times. Verification. If you dont take care of how you pack them, then its less likely that the shoes will arrive in great condition. Grinvald floats one such scenario where that might happen: Perhaps Nike is right, and the shoes are counterfeit. Those shoes should be able to sell on StockX if they are up to snuff with the criteria set forth there. Reddit and its partners use cookies and similar technologies to provide you with a better experience. Since we are a marketplace, with live pricing, your transaction will not be completed automatically. All you need to do is visit the UPS website and enter all the information about your package. StockX defines "Deadstock" as an authentic, new, unworn pair of sneakers. In this case, the company might have to connect them with another seller. Therefore, you need to find an authorized UPS location and drop off your package. StockX has physical drop-off locations. What should I do? Bids, Buy Now, how to pay and deliveries. 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. How Does Bidding Work on StockX? 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. This figure does not include weekends or holidays. Do you have used shoes and wish to sell them on StockX, but you dont know if the company permits the sale of used shoes? Now it's time to place the original shoebox into the shipping box. You can either wait for someone to meet your ask price or click sell now after you have a few bids. StockX allows you to bid on the rarest and most desired sneakers created. Unfortunately, fakes are a common occurrence on StockX. But what happens if StockX rejects the item? 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. Finally, look for noticeable scratches on leather or rubber. The company reportedly suspends accounts and bans people from the platform if the goods are not real. Your email address will not be published. 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 will accept shoes that are laced up already, provided they don't show any signs of wear. 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