The authentication process typically takes a few business days. 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. You will be redirected to the checkout page where you will need to place your order again. StockX is within its rights to send the counterfeit footwear back to the original buyer. Advertise In this case, the company might have to connect them with another seller. What happens next? 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. Since we are a marketplace, with live pricing, your transaction will not be completed automatically. If they are not able to do so, your money will be refunded. The reasoning behind the decision involves the implied deal that bidding suggests. Finally, all items on StockX must be brand new, and not show any signs of being worn or used. 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. Youre also not limited to using the StockX platform to do this either. StockX will connect shoes with another vendor if they fail to pass the authentication process. This might help you formulate the Bid. Depending on the exact reason StockX declines your item, the exact course of action can vary. Some StockX customers have paid exorbitant resale rates on sites like eBay and Reddit, only to get counterfeit versions of the sneakers they ordered. When you need a reliable marketplace to buy or sell your sneakers, StockX is the go-to place. StockX tags are green. By doing this first, StockX confirms every order matches. StockX could have severe consequences if you are caught selling fake products on its platform. Remember that the original StockX tags are much thinner than their counterfeit counterparts. They became mainstream in the early 1970s, and sneakerhead culture developed shortly after that. It will be easier to tell a fake tag from one that is real if you have a StockX tag. 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%. And yet . The company also offers 3, 6, 9, and 12 months payment plans. How can you make sure you dont fall for duping? 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. Use tape to close the box safely. However, if you purchase an item from outside sources and it comes with the StockX label, this can be problematic. StockX will ship the item only after it has been verified. Select the Bid you want to change and click on the green little pen button on the right. Samething happened to me just now. Nike might argue such a shoe is counterfeit, but, at the end of the day, it was made by Nike! says Grinvald. There are two primary steps to this authentication process: This step involves verifying everything about the product and that it precisely matches the listing. Thats never a good omen, so if you happen to come across those shoes again, you should send them back. You should check for your eligibility before deciding on this option. Lovers of the secondhand sneaker market may wonder whether they can purchase previously owned sneakers on StockX. A reseller can either post goods with a fixed price or set it up for bidding. You can buy from other StockX users directly, or you can place a bid and see if they accept it. All stock markets can be fickle at times its the same with StockX. The second primary thing that youll want to look out for is dirt or smudges. Furthermore, you can see whether the laces have been pulled too tight or if your shoes have been worn out. But in case you're not used to checking your email often, there's another way you can track your order. This link will generate a self service portal to help you . They do accept older sneakers as well, but theyre examined differently. #GotItOnStockX After ensuring that youve followed the protocol of adequately packaging your shoes for StockX, its time to send them to the company. But what happens if StockX rejects the item? They are so condescending and evil for this lack of transparency. Legit StockX strings are also green, but have a yellowish undertone. What if they claim its fake, or not in proper condition to sell? Experienced sellers have mentioned that StockX tends to be most lenient with their shoes in fact, some sellersonlysell shoes on StockX for this reason. What Happens If StockX Doesnt Approve During Verification? If you are missing the shoe box for example, your item will fail verification. Your email address will not be published. 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. For whatever reason, StockX will only take specific styles of footwear. This means you will send the shoes to the shop, and the shop will place them on the shelves for you. 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 . You should have no trouble selling your old shoes if you keep these suggestions in mind. StockX is a huge marketplace for items like high-end sneakers, streetwear, collectibles, and accessories. Do I have the right to be scammed by a seller selling me fake sneakers? Canceling a Sale on Stock X - Advice Has anyone ever canceled a sale on StockX before? Reddit and its partners use cookies and similar technologies to provide you with a better experience. The company advocates transparency for all your sneaker and athleticwear needs. A user can either click 'buy now' and submit a bid. Make sure to scroll down and check what the retail price of the sneakers youre bidding on was. Along with Goat, it is among the biggest names in the sneaker resale market. Continue reading to learn more about shoes that fail to pass the StockX authentication test. StockX uses only UPS for the shipping process for its sellers. Importantly, StockX is under no obligation to accept the return of any item that does not meet its requirements. If you find something you want and the Lowest Ask for that item fits into your budget, you can simply select the Buy Now option. Most of the fake cards, however, are black. This team is continually improving the authentication of new styles, SKUs and technologies that collect data to improve and innovate StockXs authentication technology. Deadstock shoes, under StockXs definition, have never been worn. Your email address will not be published. They eventually got back to me and the issue was that they were worn. Minor single corner damage Minor single corner crushing or minor lid rip Minor box wear and tear Examples of Box Conditions That Will Likely NOT Meet StockX Condition Standards Extensive crushing of one side/corner Missing part of the box or major rip Damage from animal presence The site also accepts other payment methods, including PayPal, Apple Pay, Google Pay, Venmo, Alipay, Sofort, and iDEAL. My entire library of courses, templates, cheat sheets and swipe files. Save my name, email, and website in this browser for the next time I comment. In this article, were going to guide you through the steps of packaging your shoes. While StockX endeavors to have your product arrive in perfect condition, they cannot control the shipping. It includes details about shipping and selling via StockX. In 2020, there were periods where an extra seven to ten business days were forecasted for the shipping process. What Happens If StockX Doesnt Approve Your Item? Before taping up the box, inspect it thoroughly, so as not to risk them returning it to you. However, its uncommon for a manufacturer to actually sue a retailer for selling products that may have been counterfeited. 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. Depending on the exact reason StockX declines your . StockX works a little bit differently than other marketplaces, and is part of what makes it unique. (Everything To Know! When I found out that they happen to be doing it from downtown Detroit, it made even more sense to get involved., DO YOU LOVE SHOES? StockXs machine learning and AI can detect fakes before sellers list them on the platform. A possible solution is to sell them via a consignment shop or online marketplace. Your email address will not be published. Because of this, StockX offers its take on the matter. Step 3 Make sure to scroll down and check what the retail price of the sneakers you're bidding on was. In either case, StockX advertises an easy-to-use platform with built-in guarantees. Youll be paid a sum based on a certain proportion of the shoes final selling price. It doesnt matter how meticulously you adhere to StockXs packaging instructions; if your sneakers dont meet their quality criteria, they will be rejected anyway. StockX is a reliable platform and uses its own rigorous authentication to make transactions safe. 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. Create an account to follow your favorite communities and start taking part in conversations. StockX is committed to real products and manages its own authentication process. 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. There are some clear rules about what kind of packages StockX accepts. You will also be able to see the release date of the sneakers youve picked. (Full List Of Times + Details), Does 7-Eleven Sell Cheese? (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!) If you dont take care of how you pack them, then its less likely that the shoes will arrive in great condition. Let us know in the comments section below. This rule states that the shoes must be in pristine condition with no visible evidence of use. StockX gives you two business days to take the package to the UPS, but you have to pack them first. Some sneakers are sent directly from China. And that means theyre brand-new, never worn, and usually less than five years old. StockX does not allow returns. This process is similar to a multi-point inspection, and every single product on the StockX platform goes through it. Every detail is compared to the original pair of shoes, including stitching, gluing, and material quality. You can go back periodically to check if the prices have changed and decided if you want to edit your Bid. StockX is an online retail marketplace for shoes, clothing, collectibles, handbags, watches, and electronics. You should not expect the StockX support team to rule in your favor, though. What Causes Verification To Fail On StockX? 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. And its no different when youre trying to sell your shoes on StockX. Selling on StockX. Required fields are marked *. Although this approach needs more effort on your part, you may be able to get a higher price for your old footwear. Only new or previously unworn shoes in excellent condition are accepted on StockX. Finally, look for noticeable scratches on leather or rubber. How Does Bidding Work on StockX? Using a shoe that shows any indications of deterioration might be a red flag that it has been worn. Since it went through the authentication process and has the authentication certification, the items value is established. All content is for informational purposes only and should not be considered financial advice. How are the import duties, sales tax, and Buyer processing fees calculated? It may be difficult to see this in photos, but it is possible to look at the tags from different angles. To begin the process, the seller must send the sneakers in for authentication. The first thing you should do after seeing the tag is to look for the shoe holding it. You will receive active tracking information at this point. and our If someone else made the same Bid, youd see that there are two live bids for that amount at the moment. 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. . Failure to complete a sale may result in a $15 charge to your account, or a fee equal to 15% of the transaction price and/or indefinite suspension of your account. The authenticator checks the packaging, product materials, and product construction. Perhaps its because its been worn by a person who has a different shoe size. This is a crucial step as it ensures that every product conforms to StockXs conditions guidelines. 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. During times of excessive demand or unusual circumstances like COVID-19, StockX may extend the shipping times. It has to go with the shoes. only thing i could think of about how it could've failed is because i took it out of the original package but it's never been worn so idk. In the event that your information cannot be verified, you will be required to enter a new payment method to complete your transaction. StockXs verification procedure is quickly earning a bad reputation for being easy to cheat in the case of counterfeits and pre-owned footwear. They have a tag to authenticate the shoe as original and in good condition. We do allow the original box to have slight damage such as minor dents, however, we do not allow boxes with major rips or tears. 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. StockXs verification process keeps things fair, for both buyers and sellers. ), Does Stockx Pay For Shipping? 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. By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. 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 . At first glance, the story may look like another example of Nike being overly protective of its intellectual property. You can only sell deadstock or brand-new shoes on StockX, although there are a few caveats. . StockX works a little bit differently than other marketplaces, and is part of what makes it unique. But what if they were such good counterfeits that they were completely indistinguishable from the real thing? All you have to do is log into your StockX account and then click on "Buying" on the . StockX will redirect you to a window where they tell you what comes next. If you have any doubts about the authenticity of these tags, you will be able to scan the tag with your smartphone. Perhaps its because its been worn selling me fake sneakers do this either will not be considered financial.. To sell they fail to pass the authentication certification, the company also 3! If they fail to pass the StockX platform to do so, your money will be redirected to the will. Portal to help you, the company also offers 3, 6,,... 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