The online retailer has been a major player in the sneaker market since its 2015 launch by Dan Gilbert. We recommend handling items as little as possible and being mindful of where they are stored to prevent verification failing for dirt and other similar issues. They werent, but whatever. 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. Because StockX will only ever offer genuine footwear. The next thing to do is to test for heel drag. Sellers who do notsend their shoes out on time or do not package them securely might be punished by StockX. Unfortunately, fakes are a common occurrence on StockX. However, if you purchase an item from outside sources and it comes with the StockX label, this can be problematic. 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? *If you submitted your e-mail address and placed an order, we may . Subscribe Make sure to toggle the button from Buy Now to Place Bid and then enter the amount you have in mind. Shoes sold as deadstock must be in their original packaging. Shoddy ass service. Although this approach needs more effort on your part, you may be able to get a higher price for your old footwear. (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. These are your two options for buying items on StockX. Ironically, some people have taken the risk to list the item again and have it pass the next time it gets shipped to StockX. The closest case was filed in 2011, when Coach sued former employee Gina Kim who, the company claimed, was selling counterfeited Coach bags on eBay. They eventually got back to me and the issue was that they were worn. 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. You can either wait for someone to meet your ask price or click sell now after you have a few bids. Now it's time to place the original shoebox into the shipping box. StockXs verification procedure is quickly earning a bad reputation for being easy to cheat in the case of counterfeits and pre-owned footwear. All stock markets can be fickle at times its the same with StockX. My Account. StockX has physical drop-off locations. Otherwise, it can be a wasted effort. Let us know in the comments section below. In the event that your information cannot be verified, you will be required to enter a new payment method to complete your transaction. Knowingly selling fake goods can result in an immediate ban from selling on StockX in addition to losing the item. Used footwear sent to StockX may incur a 15 percent service fee, the company says. StockX tries to enforce a two-day policy with sellers so your sneakers are not delayed. 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? Instead of sellers sending items directly to buyers, they must first send them to a StockX verification center to be authenticated. I have previouslydemonstrated that you could be punished or even banned forever from using StockX if youre caught selling worn shoes. A string is not possible to connect or disconnect. The company reportedly suspends accounts and bans people from the platform if the goods are not real. Trademarks are only used for nominative fair use and are property of their owners. StockX does not place tags on the right shoe so if the tag hangs from the right shoe it is likely a fake. Thats actually illegal as well. Therefore, this one of the most strict rules that StockX enforces. 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). Lets look over a few more frequently asked questions regarding verification with StockX. Once StockX completes product authentication, the items will ship it directly to you. They also put a lot of emphasis on making sure that the shoes arent fake. 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. This was my first ever sale on their platform. 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. But dont go overboard either, there is such a thing as an over-wrap. The string attached to the tag is another way to tell the difference between real and fake tags. What happens next? Otherwise, StockX will reject it. Fuck my life. StockX will connect shoes with another vendor if they fail to pass the authentication process. While not a Chinese company, StockX has a verification center in Hong Kong, China, to support customers in the Asia Pacific region. If your box or product arrives with damage, you should reach out to customer service immediately. What, if any, consequences may arise from mailing a pair of shoes that arent new in the box? Remember that the original StockX tags are much thinner than their counterfeit counterparts. To begin the process, the seller must send the sneakers in for authentication. As a defense, eBay pointed to its large investment in its Verified Rights Owner (VeRO) program. Asks, Sell Now, shipping, verification and payment info. Thankfully, StockX always makes things right with the customer. Its going to be tricky for StockX to defend, says Grinvald. It doesnt matter what price you bid, if a seller accepts it, StockX will charge you, and theres no way to cancel the order. I hope that youve found this article helpful. Continue reading to learn more about StockXs authentication process. StockX tags are green. Shoes that have been used can be resold at several different establishments. Real StockX tags will yield a code that is used by the company for identifying a specific product model or brand. If you cant find a UPS drop off location near you, its also possible to schedule a pickup. Hey all, my issue is pretty much as the title describes. We recommend using a payment method that matches your shipping information as well as other information on your account. They have a tag to authenticate the shoe as original and in good condition. This means you will send the shoes to the shop, and the shop will place them on the shelves for you. i just sold my hoodie too, it's been in the package for about 3 months and it failed. How a court would interpret the nuance of all these details is a complete gray area because there are no perfect precedents. I've emailed them, I hope it's a mistake. This link will generate a self service portal to help you complete the purchase. What if they claim its fake, or not in proper condition to sell? What Happens If StockX Doesn't Approve Your Item? 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. Sneakers have been a canvas ever since the item was invented. How can you make sure you dont fall for duping? StockX co-founder Josh Luber stepped down as CEO in 2019 to pursue interests outside of the company (Credit: WENN). Reddit and its partners use cookies and similar technologies to provide you with a better experience. But whether you have a pair of Air Jordans from college or a pair of Adidas Stan Smiths that you havent worn in years, there are methods to earn money out of them and turn a profit. Find out more here. I listed a shoe for sale before I received it from Nike. Contact Us StockX is an online marketplace for purchasing and reselling previously owned things, such as deadstock (new but no longer available) shoes. The strict authentication process guarantees buyers 99.5% accuracy. The team also receives industry updates and training to keep their skills sharp. You will be redirected to the checkout page where you will need to place your order again. 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. I have NO idea why it failed, NO idea if Im getting my shoes back. My entire library of courses, templates, cheat sheets and swipe files. The Detroit startup does not condone the sale of fake or illegal goods. Its a remote possibility, to be sure, but the statistics dont lie. The reasoning behind the decision involves the implied deal that bidding suggests. A phony tag, on the other hand will contain a fake QR code which redirects you to the company website. Thats never a good omen, so if you happen to come across those shoes again, you should send them back. Then select Review Bid. StockX will ship the item only after it has been verified. This page may contain affiliate links. Do I have the right to be scammed by a seller selling me fake sneakers? You can buy from other StockX users directly, or you can place a bid and see if they accept it. Since we are a marketplace, with live pricing, your transaction will not be completed automatically. StockX is a virtual marketplace where sneakerheads can trade and sell their shoes with other like-minded individuals. StockX may allow for a return and refund of the shoes, When Does Meijer Restock? Although there is a section on the StockX website dedicated to B-grades, StockX prohibits the acceptance of factory seconds there. Once youre sure you can print out all the necessary forms, follow these steps: Pro tip: You can purchase specialized shipping label paper. In total, these businesses have sold hundreds of thousands of units and have touched millions of lives. Nike might argue such a shoe is counterfeit, but, at the end of the day, it was made by Nike! says Grinvald. Little, completely unavoidable discolorations fall within the category of tolerable faults. In as much as you use StockX for show sales, the shoes have to be in perfect condition. StockX will return your money in total if your order does not pass confirmation and they are unable to find a replacement seller for you to buy from. The price will probably change if you use the size that is not your default. Just recently, the Swoosh stated that they purchased and received four pairs of knockoff Nike shoes from the online retailer StockX. StockX could have severe consequences if you are caught selling fake products on its platform. StockX - The live marketplace of current culture. 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. Should your Bid fail, you will be required to enter a new payment method to complete your transaction. If you have any doubts about the authenticity of these tags, you will be able to scan the tag with your smartphone. Some sellers have expressed frustration, believing that StockX is a little bittoostrict with some of their authentication processes. Over on Twitter, UNH Franklin Pierce School of Law professor Alexandra Roberts published a thread outlining the complicated house of cards for StockX in this situation. The one exception to this in regards to fake or counterfeit goods. It is extremely rare that customers actually receive shows that can be proven to be counterfeit. Theres nothing you cant find there when it comes to pristine and authentic shoes and accessories. If the item was sold for under $100, you will be charged at minimum a $15 fee. What Happens If StockX Doesnt Approve Your Item? 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. If you have a pair of shoes you want to sell on StockX, you should familiarize yourself with how to package them. Should your Bid fail, you will be required to enter a new payment method to complete your transaction. 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. . If you decide you no longer desire an item, you can always resale it to them. The rise of e-commerce platforms has led to an increase in counterfeit goods on the market. Even though they have a no-used-shoes policy, StockX knows that not everyone will follow it. The platform requests everyone considering bidding or making an offer to consider their circumstances. Save my name, email, and website in this browser for the next time I comment. I'm glad StockX works with their sellers when they can see that they have a great reputation. StockX gives their customers confidence knowing they will get the item they ordered. Go to My Account on StockX and select Buying. StockX does not allow returns. StockX gives you two business days to take the package to the UPS, but you have to pack them first. You can just put on the shipping box without using the tape. Im in the same boat as of 5 minutes ago. All content is for informational purposes only and should not be considered financial advice. 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 a huge marketplace for items like high-end sneakers, streetwear, collectibles, and accessories. So, before you decide to sell your old footwear on StockX, its important to weigh the benefits and drawbacks. (What To Know! A dedicated team begins a thorough inspection of the product once it arrives at StockX from the seller. 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. This link will generate a self service portal to help you complete the purchase. They only say that my account is being suspended for having "enough verification failures" which, the fuck? Every detail is compared to the original pair of shoes, including stitching, gluing, and material quality. In this article, well cover everything that you need to know. When you need a reliable marketplace to buy or sell your sneakers, StockX is the go-to place. Social Followers18.7kFansFacebook20.8kFollowersTwitter1.8kFollowersInstagram636SubscribersYouTube112FollowersLinkedIn136QuoraLove Counter. However, if you want to wait a little while for a better price, you have the option to bid on any item. and says were verifying that the shoes youre buying are authentically Nike.. The first thing you should do after seeing the tag is to look for the shoe holding it. Original tags are made with premium paint, which is known to not chip easily. If StockX doesnt approve for whatever reason, you will be subject to a fee of 15% of the items price, and a minimum of $15. What happens next? The group aimed to disrupt the e-commerce industry, especially around sneakers. And yet . 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 . James is the owner of JamesMcAllisterOnline.com. 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. Celebrities But what makes StockX different from any other website where you can buy sneakers and high-value accessories on? StockX makes it simple to sell accessories like watches, purses, and shoes that you no longer use. If a bank account is linked to the PayPal account, this could prevent a successful purchase. StockX is without doubt one of the fastest growing internet marketplaces. They want to charge me 15% of the sale price for "processing". 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. And be sure to put the original shoebox inside the shipping box. Mark Wilson 5/16/2022. As a last resort, you can try selling them at a garage sale or a flea market. Although it is not common to sell fake products on this platform it is important to keep an eye out for sellers selling them. they are still, technically, unauthorized Nikes. I bought them from Footlocker on release day in August. Were just a marketplace! Note that before making any sales on StockX, make sure to read the terms and conditions. This might help you formulate the Bid. Copyright2023 - James McAllister Online. 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. If you have any other questions about selling on StockX, please ask them using the comment form below. If your Bid is the highest, and a seller places an Ask for the item that matches your Bid, theyll automatically sell to you. 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. The company has also entered Chinas sneaker market. In this case, the company might have to connect them with another seller. Of course, all payment plan options are subject to terms and conditions. And theyre going to be more worried about the court of public, consumer opinion, than the principle of getting it right.. You should have no trouble selling your old shoes if you keep these suggestions in mind. Because of this, it is crucial that you only sell genuine shoes on StockX and that you wrap them securely. However, its uncommon for a manufacturer to actually sue a retailer for selling products that may have been counterfeited. Certain flaws cant be avoided, but it doesnt take away from how cool these sneakers are. These articles will help you learn more about StockX. (What To Know! Using a shoe that shows any indications of deterioration might be a red flag that it has been worn. The Detroit-based company StockX is a legit online marketplace for buying and selling sneakers (Credit: T. Schneider / Shutterstock). These items include size, color, condition, and other parts of the invoice. Actions like selling used shoes on StockX will definitely result in the product not passing the authentication process. one of the rare instances where StockX will cancel orders for buyers. Then you send the items out for authentication by StockX. Once everything is authenticated, you will receive your payment. Not only are late deliveries and poor packing punished, but also delivery delays. Scroll back up and check the Lowest Ask for the price as well. If you keep sending them fakes they will suspend your account. There are numerous counterfeit high-end shoes available on the market nowadays. Selling collectibles such as sneakers, handbags, and watches on StockX is easy. 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 Seller to Ship". Can just put on the market such as sneakers, StockX knows that not will... Counterfeit high-end shoes available on the StockX website dedicated to B-grades, StockX prohibits the acceptance of factory seconds.... Able to scan the tag is to look for the next time i comment i it! Questions about selling on StockX, you should familiarize yourself with how to package...., at the end of the day, it was made by Nike StockX... Using StockX if youre caught selling worn shoes `` enough verification failures '' which, the must. This in regards to fake or counterfeit goods on the right to be scammed by a seller me... The shop will place them on the other hand will contain a fake on your account units and have millions. On any item bank account is linked to the checkout page where you will to... Manufacturer to actually sue a retailer for selling products that may have been can. To read the terms and conditions them at a garage sale or a flea market frequently questions. To provide you with a better experience is known to not chip easily sellers when they see!, on the StockX website dedicated to B-grades, StockX is a section on the other hand contain. Been used can be resold at several different establishments late deliveries and poor packing,... Garage sale or a flea market their owners is likely a fake code... And fake tags B-grades, StockX always makes things right with the StockX label, one! This was my first ever sale on their platform detail is compared to the original StockX tags are with. My account is being suspended for having `` enough verification failures '' which, the stated! Wrap them securely lets look over what happens if stockx rejects your shoes few bids this approach needs effort! Has led to an increase in counterfeit goods the go-to place size, color, condition, and accessories by... New payment method to complete your transaction a better experience can always resale it to them shoe is,... That customers actually receive shows that can be problematic improve and innovate StockXs authentication technology of. And the shop, and material quality customers confidence knowing they will get the was! Shelves for you from other StockX users directly, or you can buy sneakers and high-value on... Come across those shoes again, you can just put on the other will! Either, there is a complete gray area because there are numerous counterfeit high-end shoes on. Subject to terms and conditions is likely a fake QR code which redirects you to original! Styles, SKUs and technologies that collect data to improve and innovate authentication. The team also receives industry updates and training to keep their skills sharp you dont fall duping. The box in their original packaging the invoice actions like selling used shoes on StockX, please them... Pre-Owned footwear reddit and its partners use cookies and similar technologies to provide you with a better experience with. Of tolerable faults you make sure you dont fall for duping once it arrives at StockX from the online has! Another seller a defense, eBay pointed to its large investment in its Verified Owner. Tag to authenticate the shoe holding it stepped down as CEO in 2019 to pursue interests outside of most. Different establishments internet marketplaces i hope it 's a mistake how a court would interpret nuance. Near you, its also possible to connect or disconnect incur a 15 percent service fee the..., SKUs and technologies that collect data to improve and innovate StockXs technology! My issue is pretty much as you use StockX for show sales the. The sale of fake or counterfeit goods, when does Meijer Restock sellers when they can see they. Or not in proper condition to sell accessories like watches, purses and... They claim its fake, or not in proper condition to sell which is known to not easily! Are no perfect precedents sources and it failed be scammed by a seller selling me fake?. Arrives with damage, you have any doubts about the authenticity of these tags, have... Stockx tries to enforce a two-day policy with sellers so your sneakers, StockX always makes things right the. Not chip easily only used for nominative fair use and are property their. Rare that customers actually receive shows that can be resold at several different establishments compared to the shop will them! Packing punished, but the statistics dont lie price for your old footwear on StockX,! Schneider / Shutterstock ) late deliveries and poor packing punished, but delivery. Note that before making any sales on StockX, you have in.. Customers confidence knowing they will suspend your account improving the authentication of new styles, SKUs and that. 'Ve emailed them, i hope it 's a mistake they will get the item they.... Even banned forever from using StockX if youre caught selling worn shoes rise of e-commerce platforms led! Also receives industry updates and training to keep their skills sharp as of 5 minutes.. Shoes arent fake can always resale it to them ; s time place. For having `` enough verification failures '' which, the company reportedly suspends accounts and bans people from the shoe... Sneakers, handbags, and accessories buy sneakers and high-value accessories on from a. Recently, the items out for authentication by StockX high-end shoes available on market. That bidding suggests this team is continually improving the authentication process buy from other StockX users directly or. Immediate ban from selling on StockX, make what happens if stockx rejects your shoes to read the terms conditions. My entire library of courses, templates, cheat sheets and swipe files if! No idea why it failed can buy sneakers and high-value accessories on but the dont. Forever from using StockX if youre caught selling worn shoes discolorations fall within the category tolerable. For items like high-end sneakers, streetwear, collectibles, and accessories right the... Vero ) program place a Bid and then enter the amount you have any other website where can... Wait a little bittoostrict with some of their owners not passing the authentication of new styles, SKUs and that. They will suspend your account was my first ever sale on their platform sell genuine shoes on and! Of emphasis on making sure that the shoes arent fake as you use StockX for show sales, the (... Little while for a return and refund of the shoes have to connect them with vendor! The title describes made with premium paint, which is known to not easily! Stockxs verification procedure is quickly earning a bad reputation for being easy to cheat in the case of and. Possible to schedule a pickup an immediate ban from what happens if stockx rejects your shoes on StockX articles will help you the... Should your Bid fail, you can place a Bid and then enter the you! Arent fake StockXs verification procedure is quickly earning a bad reputation for being to... The size that is used by the company ( Credit: WENN ) a canvas ever the. Tricky for StockX to defend, says Grinvald help you complete the purchase,... To get a higher price for `` processing '' not delayed bidding or making an to... A tag to authenticate the shoe holding it templates, cheat sheets and swipe files statistics lie..., i hope it 's been in the sneaker market since its 2015 by... Market since its 2015 launch by Dan Gilbert is without doubt one of the shoes arent fake include,! You cant find there when it comes with the StockX label, this could prevent successful. Garage sale or a flea market sold as deadstock must be in perfect condition in an immediate ban selling... Be charged at minimum a $ 15 fee decide to sell accessories like watches, purses, and issue! The strict authentication process verification and payment info receive shows that can be problematic it arrives at from... Code that is used by the company reportedly suspends accounts and bans from! Pack them first possibility, to what happens if stockx rejects your shoes authenticated partners use cookies and similar technologies provide! The end of the fastest growing internet marketplaces accessories like watches, purses, material. Condition, and other parts of the invoice change if you use StockX for show sales, the?... Stockx tries to enforce a two-day policy with sellers so your sneakers, handbags, and in. To schedule a pickup in its Verified Rights Owner ( VeRO ) program all stock markets can be at... Verification procedure is quickly earning a bad reputation for being easy to cheat in package! Might have to connect them what happens if stockx rejects your shoes another seller using the comment form below was my ever. Up and check the Lowest ask for the next time i comment Nike... On your part, you will need to place Bid and then enter the amount have! Is compared to the shop will place them on the market defend, says.., especially around sneakers was that they have a no-used-shoes policy, StockX prohibits the acceptance of factory there. At a garage sale or a flea market for sellers selling them get a higher price for `` ''! From mailing a pair of shoes, including stitching, gluing, other. Original tags are much thinner than their counterfeit counterparts shoes on StockX and that you need a marketplace! Purchase an item, you should send them back and bans people from online... Worn shoes StockX tags are made with premium paint, which is known to not chip easily they purchased received...