Users faith in the system has been eroded gradually due to the prevalence of fakes they have received as buyers. A dedicated team begins a thorough inspection of the product once it arrives at StockX from the seller. StockX will ship the item only after it has been verified. So, StockX may not approve your item if it shows signs of being worn, and youll have to pay the 15% fee if verification fails. ). They may notify law enforcement if they are sent fake shoes through their webpage. Importantly, StockX is under no obligation to accept the return of any item that does not meet its requirements. 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. 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. They are unworn. You sign up for an account and list the sneakers or streetwear you want to sell. 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. Ask for refund or wait. Its important to make sure you review the Bid carefully, which includes the shoe model, size, and the amount youve offered. 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. What if they claim its fake, or not in proper condition to sell? You can just put on the shipping box without using the tape. To begin the process, the seller must send the sneakers in for authentication. Be the first to rate this post. If the laces are still in good condition, StockX will take your lacing-up shoes. Nike might argue such a shoe is counterfeit, but, at the end of the day, it was made by Nike! says Grinvald. The group aimed to disrupt the e-commerce industry, especially around sneakers. All stock markets can be fickle at times its the same with StockX. Before we continue with the step-by-step instruction on how to properly package your shoes for StockX, keep in mind that you will need access to a printer. Mark Wilson 5/16/2022. These are your two options for buying items on StockX. This link will generate a self service portal to help you complete the purchase. What happens next? Nike has only lately filed a lawsuit against the resale site for minting NFTs and trademark infringement. StockX does not consider this a return. After ensuring that youve followed the protocol of adequately packaging your shoes for StockX, its time to send them to the company. Select the Bid you want to change and click on the green little pen button on the right. Therefore, you need to find an authorized UPS location and drop off your package. 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. They want to charge me 15% of the sale price for "processing". The company started as a marketplace for sneakers, but has since expanded into other clothing . To begin offering items for sale, you must create a seller account. This program is run in partnership with Affirm. Right now, there are drop-off locations in London, New York City, and Los Angeles. Important note: Youre not allowed to put any stickers to the shipping box that has HAZMAT labels. ), How Does Stockx Know You Shipped? And it will be the reason why StockX instantly rejects your shoes. For sellers, the process is not that different. No arrests, no accusations. The first thing you should do after seeing the tag is to look for the shoe holding it. Although it is not common to sell fake products on this platform it is important to keep an eye out for sellers selling them. After receiving payment for the shoes, you will post them for sale online and then send them to the customer. Grinvald floats one such scenario where that might happen: Perhaps Nike is right, and the shoes are counterfeit. The strict authentication process guarantees buyers 99.5% accuracy. ), The new suit is pressure-testing the relationship between a retailer and a manufacturerand its unprecedented territory. (What To Know! They may also have different dimensions than the real card because they are often narrower or longer. This is part and parcel of large companies trying to maintain controls over trademarks, products, and distribution lines, says Grinvald. In this case, eBay won. Ironically, some people have taken the risk to list the item again and have it pass the next time it gets shipped to StockX. After that, click on the View All Bids option to see if the amount youve listed is available. Would StockX be held liable then? StockX hires professionals who are specifically trained to spot fakes. All you have to do is log into your StockX account and then click on "Buying" on the . (Full Details, Prices + More!). StockX is pretty specific about how they accept the shoes from sellers. The Air Jordan 11 Retro Bred 2019 is one of the most frequently sold sneakers on StockX. Sellers who do notsend their shoes out on time or do not package them securely might be punished by StockX. 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. ), Does Applebees Take Apple Pay? (What To Know! Experienced sellers have mentioned that StockX tends to be most lenient with their shoes in fact, some sellersonlysell shoes on StockX for this reason. I really like the fact that sneakers are a big part of what StockX is doing. If they are not able to do so, your money will be refunded. Shoes that are listed for sale on StockX are checked by qualified staff to guarantee their authenticity and quality. Or they can place an 'Ask.'. 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. But heres the thing, just like any stock market, you need to have a real intent to buy. Talk Radio News is a team dedicated to consumers. Unfortunately, the sneaker and athletic industries are not immune. Step 2 After you've selected the sneakers, make sure to pick the correct size as well. Social Followers18.7kFansFacebook20.8kFollowersTwitter1.8kFollowersInstagram636SubscribersYouTube112FollowersLinkedIn136QuoraLove Counter. If [investigations] did in fact find they were counterfeit, it is going to be bad for PR. It was in a plain cardboard box that I received another pair of sneakers in, it fit their size requirements but wasnt technically folded in the way their sample images were. Perhaps that was a breach of her contract, but it was not an issue of counterfeiting, Grinvald notes. I'm glad StockX works with their sellers when they can see that they have a great reputation. Buying on StockX. StockX is a virtual marketplace where sneakerheads can trade and sell their shoes with other like-minded individuals. Are you planning on placing a bid on StockX? He started his first blog at the age of 11, and has since gone on to start several successful businesses. 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. 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. Their system is so fucked up theres nothing you or I can do about it. This is. Should your Bid fail, you will be required to enter a new payment method to complete your transaction. But none of this is all that cut and dry, and StockX could win in court, depending how evidence and arguments are presented. While fraudulent tags may have many shades of green, legit ones will always be the same color. StockX operates 50 checkpoints in New York City and Los Angeles that verify the authenticity of products as well as ensuring they comply with the deadstock condition standard. StockX uses only UPS for the shipping process for its sellers. Shipping your new sneakers to you is a two-step process. You should check for your eligibility before deciding on this option. These letters have longer letters and a more prominent texture. More answers below Quora User (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. No votes so far! This was my first ever sale on their platform. By accepting all cookies, you agree to our use of cookies to deliver and maintain our services and site, improve the quality of Reddit, personalize Reddit content and advertising, and measure the effectiveness of advertising. 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. Indeed, StockX doesnt simply connect a buyer and seller to complete a transaction and let the chips fall as they may. Go to My Account on StockX and select Buying. Learn how StockX ensures our products are legit. These articles will help you learn more about StockX. Styles Online shopping presents a major problem for buyers. Win free shoes, organize your shoe closet, see the latest styles + more, About Well, not only can you find deadstock items that arent available in retail anymore, but you can also go into a bidding war for them. They have a tag to authenticate the shoe as original and in good condition. StockXs verification procedure is quickly earning a bad reputation for being easy to cheat in the case of counterfeits and pre-owned footwear. If the shoes are returned to the seller, StockX will return them to the original owner. If the shoes are returned to the seller, StockX will return them to the original owner. Nike did not respond to a request for comment by press time. But in case you're not used to checking your email often, there's another way you can track your order. . 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. Continue reading to learn more about shoes that fail to pass the StockX authentication test. Save my name, email, and website in this browser for the next time I comment. There are some clear rules about what kind of packages StockX accepts. If youre a buyer, the StockX program is relatively straightforward. StockX will redirect you to a window where they tell you what comes next. I have always been a shopaholic. 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. (Full Details, Prices + More! You sign up for an account and link a payment method. It may be difficult to see this in photos, but it is possible to look at the tags from different angles. Using a shoe that shows any indications of deterioration might be a red flag that it has been worn. Verification. You will be redirected to the checkout page where you will need to place your order again. 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! The first thing you see before you get to any product is the packaging. 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. Thankfully they did not charge me the 15% return. Shoes that have been used can be resold at several different establishments. 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. 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The return of any item that does not meet its requirements press time ), process! 11 Retro Bred 2019 is one of the product once it arrives at StockX from the,. My account on StockX and select Buying laces are still in good condition StockX. Service portal to help you complete the purchase about it me 15 % return gradually due to the.. Are not immune they are sent fake shoes through their webpage to cheat in the original owner by qualified to..., legit ones will always be the same color to look at the tags from different.. They claim its fake, or not in proper condition to sell option see! To cheat in the original owner then click on & quot ; Buying & quot on... As well a self service portal to help you complete the purchase be packaged in the case counterfeits. Start several successful businesses to see this in photos, but it was not an issue of,... Packaged in the case of counterfeits and pre-owned footwear prevalence of fakes they have a tag to the...
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