12. 25% of the items sold on StockX are sold for less than retail price. This often happens when there is too much supply in retail stores and instead of waiting for the inventory to go on sale consumers can find what they are looking for on StockX.
In this post
Does StockX lower prices?
The more you sell on StockX, the lower your fees will be. We have put together clear standards for how to lower seller fees on StockX through good performance, so you are rewarded for more activity.
Are StockX prices real?
StockX is a 100% legitimate company.
How do you Ask for a lower price on StockX?
Additionally, you are free to adjust the price of your Ask or cancel it entirely at any point before it meets a Bid, either by clicking the “Sell” or “Ask” button on the product page for the item you’re selling, or by navigating to My Account > Selling > Current section of your StockX Selling tab.
Where do StockX shoes come from?
The Detroit-based company was founded by Dan Gilbert, Josh Luber, Greg Schwartz, and Chris Kaufman in 2015–2016. StockX has more than 800 employees in Downtown Detroit.
StockX.
| Industry | E-commerce |
|---|---|
| Headquarters | Detroit, Michigan , U.S. |
Who is StockX owned by?
Josh Luber built sneaker marketplace StockX to be a ‘stock market of things. ‘ It worked. Then, he got replaced and decided to stick around. When Josh Luber, co-founder of StockX, was in the sixth grade, he started his first business: selling Bubblicious to his classmates.
Should you bid on StockX?
StockX is kind of addictive, and it can be tempting to place new bids every day. However, you may not win any bid for a while. Don’t let it discourage you as the market changes every day.
Can StockX be trusted?
The short answer is yes – it’s 100% legit! With over 1,000 employees, six authentication centres, operating in almost 200 countries, StockX is definitely the real deal, so if you’re on the hunt for that sneaker grail, a luxury watch, or even a sought-after collectible, it’s definitely the first place you should look!
What happens if you sell fakes on StockX?
Your account can be subject to a penalty fee if you fail to ship the item within the allotted time period (typically two business days), or if you sell and ship StockX an item that does not meet our condition guidelines and/or isn’t authentic or doesn’t exactly match the item as it is described on StockX in any way.
Is StockX used shoes?
Shoes sold on StockX are considered deadstock, which means that they’re authentic, new and unworn at the time of sale. Deadstock sneakers are also sold with the original box including the box lid and the box label indicating the shoe size, as would be acceptable for sale at a retail location.
Do you get money back if you lose a bid on StockX?
StockX on Twitter: “@RayDirtyH @Tyler_Barsaloux @ComplexSneakers @Complex if you Bid and are not selected as the winner, you will not lose any money.” / Twitter.
Why is my big red on StockX?
To check the status of your listings, you can access the Selling tab in your StockX account where they will be separated into the categories Current, Pending and History. Current displays all active Asks – green numbers indicate a lowest Ask, while red numbers indicate that a lower Ask has been listed.
What happens if you bid low on StockX?
When you submit a Bid below the current lowest Ask, you’ll be able to determine how many days the Bid is live for – 1, 3, 7, 14, 30 or 60. You will always receive an email from StockX when your Bid is about to expire to see if you would like to extend it.
Is Eminem part of StockX?
Detroit-based StockX, an online consumer platform for high-demand, limited edition products, is partnering with Detroit native Eminem to create exclusive content and access to sneakers from the hip-hop artist’s personal collection.
Can you return on StockX?
Due to the anonymous nature of our live market, we are unable to offer returns, exchanges or swaps—including if you ordered the wrong size. The good news is you can always resell with us if you no longer want your item.
How long does it take StockX to deliver?
StockX strives to deliver your item to you within 7-12 business days. Although this may be slightly longer than you are used to, since the StockX marketplace deals with high value and rare products, we want to ensure that the items you purchase on our site meet our internal quality standards.
Whats the most expensive shoe?
Top 10 Most Expensive Shoes Ever Made
- Antonio Vietri Moon Star Shoes — $19.9 Million.
- Passion Jewellers x Jada Dubai Diamond Shoes — $17 Million.
- Debbie Wingham High Heels — $15.1 Million.
- Shoes Thrown at President Bush — $10 Million.
- Harry Winston Ruby Slippers — $3 Million.
- Stuart Weitzman Rita Hayworth Heels — $3 Million.
Why is StockX so popular?
One of the reasons it has grown so fast is that platforms like StockX make it easy for consumers to put up their coveted merchandise for sale in a secure and transparent manner. Resale is not a new concept, in the past people sold their sneakers on eBay and still do and before that through their own personal networks.
How much do StockX sellers make?
Large Fees
StockX charges seller’s a 9.5% sellers fee, although this can go down as you sell more sneakers.
What does GS mean on StockX?
Grade School
When selecting a size, “WIDE” will show next to the number, if the shoe has a wide fit. Please double check for these before placing your Ask/Bid. (W) – Women. (GS) – Grade School. (PS) – Preschool.
Does GOAT sell fake shoes?
How does GOAT authenticate goods? GOAT offers a strict authentication policy meaning that it’s virtually impossible for fake sneakers to make it through onto the marketplace.