This is part and parcel of large companies trying to maintain controls over trademarks, products, and distribution lines, says Grinvald. ). Your email address will not be published. There are a few different things that can cause verification to fail on StockX. The reasoning behind the decision involves the implied deal that bidding suggests. I have NO idea why it failed, NO idea if Im getting my shoes back. (Updated 2022! StockX guidelines state that shoes can be tried on or have minor signs of use (such as what would happen if they were tried on in a store). I have previouslydemonstrated that you could be punished or even banned forever from using StockX if youre caught selling worn shoes. This might help you formulate the Bid. ), Which Is Better, Goat Or Stockx? Selling collectibles such as sneakers, handbags, and watches on StockX is easy. Now its time to place the original shoebox into the shipping box. (Full Details, Prices + More! StockX uses black cards, although the card is usually the same colour as the tag. Increase or decrease the bidding amount or the expiration date. In total, these businesses have sold hundreds of thousands of units and have touched millions of lives. StockX verifies every shoe sold on the platform. Finally, click on the Finish button. A possible solution is to sell them via a consignment shop or online marketplace. Create an account to follow your favorite communities and start taking part in conversations. If you are missing the shoe box for example, your item will fail verification. 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. You might also try listing them for sale on one of the many online sales and shopping sites (like Amazon, GOAT, or eBay). StockX will accept lace-up shoes that are not showing wear or tears. StockX does not allow returns. If they are not able to do so, your money will be refunded. Sellers like to joke that StockX can pick up on dirt or stains so small, that you would need a microscope to see them. Verification. Celebrities And that means theyre brand-new, never worn, and usually less than five years old. The authentication process typically takes a few business days. StockX will refund the buyer if an order is not eligible and return the item to the seller. 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. Nike did not respond to a request for comment by press time. The quality of authentic tags paint is clearly better than fake tags. If something does not ship, then StockX will attempt to find another item that matches the parameters. Grinvald floats one such scenario where that might happen: Perhaps Nike is right, and the shoes are counterfeit. StockX is committed to real products and manages its own authentication process. Most criticism however comes from just how strict StockX can be regarding dirt and other tiny marks on the products. If you have no sales then your history is 0/0,so yes they are gonna take 15%..what kind of box did you say it was in? You can have a bid go through unexpectedly, or you could sit on something for too long and end up paying the highest possible price. Thankfully they did not charge me the 15% return fee. What Happens If StockX Doesnt Approve During Verification? It is harder to identify a fake streetwear item. So, before you decide to sell your old footwear on StockX, its important to weigh the benefits and drawbacks. Its going to be tricky for StockX to defend, says Grinvald. Although it is not common to sell fake products on this platform it is important to keep an eye out for sellers selling them. Use tape to close the box safely. Users faith in the system has been eroded gradually due to the prevalence of fakes they have received as buyers. 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. StockX tags are green. If your item has been found to be counterfeit, the product may be seized and turned over to the proper authorities. The group aimed to disrupt the e-commerce industry, especially around sneakers. ), How Does Stockx Know You Shipped? Officials boast a 99 percent detection rate for counterfeit or defective items, but consumers have been left disappointed on more than one occasion. StockX does not sell fake products. . By doing this first, StockX confirms every order matches. The next thing to do is to test for heel drag. In addition to having the laces, the shoes must be laced up for StockX to accept them. The Detroit-based company StockX is a legit online marketplace for buying and selling sneakers (Credit: T. Schneider / Shutterstock). 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. Will StockX Accept Shoes That Have Been Tried On? All stock markets can be fickle at times its the same with StockX. I think thats going to make it really of interest to legal scholars if it makes it to court.. Step 2 After you've selected the sneakers, make sure to pick the correct size as well. Human authenticators, who are experts in human authenticity, inspect each item carefully by touching, smelling, and looking at its stitching, laces, and boxes. Then you can bid or pay the asking price on any sneakers that catch your fancy. StockX does not consider this a return. Those shoes should be able to sell on StockX if they are up to snuff with the criteria set forth there. Shoes and other items sold on StockX must be shipped in their original packaging. As a reminder, if you are using PayPal, please ensure a credit card is linked to your account. 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. Home The drop-off sends the items in for authentication in Detroit. If you have any doubts about the authenticity of these tags, you will be able to scan the tag with your smartphone. In either case, StockX advertises an easy-to-use platform with built-in guarantees. Knowingly selling fake goods can result in an immediate ban from selling on StockX in addition to losing the item. they are still, technically, unauthorized Nikes. You sign up for an account and list the sneakers or streetwear you want to sell. StockX tags are marked with bold, large letters that say Verified or Authentic. This is where many imitation tags come from. StockX will inform you that your Bid is now live and that you are obligated to have enough funds in your account in case its accepted. Then you send the items out for authentication by StockX. This page may contain affiliate links. A wholesaler has the option of listing items at a defined price or making them available for bidding. 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Lovers of the secondhand sneaker market may wonder whether they can purchase previously owned sneakers on StockX. Nike has only lately filed a lawsuit against the resale site for minting NFTs and trademark infringement. In this article, were going to explain in detail how the bidding works on StockX and guide you through the steps. 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. If you currently possess a pair of Air Jordan 11s and find that the Jordan 11 Retro Cherry you ordered from StockX runs a touch large, Irecommend exchanging them for a size down. StockX has physical drop-off locations. At least now you know exactly how to place a bid. (What To Know! But anything that resembles rips, tears, and deeper dents are automatically rejected. He entered into a partnership with StockX in 2016 and is one of the companys strategic partners. Also, similar pairs can be compared on the StockX site. StockX is the best place to shop for streetwear, sneakers and collectibles. Would StockX be held liable then? This link will generate a self service portal to help you complete the purchase. Should your Bid fail, you will be required to enter a new payment method to complete your transaction. I really like the fact that sneakers are a big part of what StockX is doing. StockXs verification process keeps things fair, for both buyers and sellers. . (Full Details). 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 Rejected My Shoes! Press J to jump to the feed. If you bought the incorrect size, this also applies to you. But what happens if StockX rejects the item? A reseller can either post goods with a fixed price or set it up for bidding. However, that does not mean you do not have options. 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. Let us know in the comments section below. 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. Finding the best UPS place will ensure even a speedier delivery to StockX, and ultimately, youll get your money faster. . While StockX endeavors to have your product arrive in perfect condition, they cannot control the shipping. More answers below Quora User But what happens if StockX rejects the item? Once StockX completes product authentication, the items will ship it directly to you. Your email address will not be published. A user can either click 'buy now' and submit a bid. Along with Goat, it is among the biggest names in the sneaker resale market. 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. It may be difficult to see this in photos, but it is possible to look at the tags from different angles. Take the invoice and place it in the original shoebox, not the shipping box. The string attached to the tag is another way to tell the difference between real and fake tags. Do I have the right to be scammed by a seller selling me fake sneakers? After ensuring that youve followed the protocol of adequately packaging your shoes for StockX, its time to send them to the company. 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! Indeed, StockX doesnt simply connect a buyer and seller to complete a transaction and let the chips fall as they may. Ask for refund or wait. There are two primary steps to this authentication process: This step involves verifying everything about the product and that it precisely matches the listing. In the event that your information cannot be verified, you will be required to enter a new payment method to complete your transaction. 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. 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. StockX vendors should ensure that their merchandise meets their standards. Used footwear sent to StockX may incur a 15 percent service fee, the company says. ' says Grinvald. They also put a lot of emphasis on making sure that the shoes arent fake. (Full Details, Prices + More! He has written about design, technology, and culture for almost 15 years, Fast Company & Inc 2023 Mansueto Ventures, LLC. Although there is a section on the StockX website dedicated to B-grades, StockX prohibits the acceptance of factory seconds there. Shoes from Deadstock should be in the original box. Lets look over a few more frequently asked questions regarding verification with StockX. It can only be cut. You have many payment options with StockX. StockX will accept shoes that are laced up already, provided they don't show any signs of wear. . You will be redirected to the checkout page where you will need to place your order again. How Does Bidding Work on StockX? Do You Need The Original Box / Packaging? You can only sell deadstock or brand-new shoes on StockX, although there are a few caveats. 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". Reddit and its partners use cookies and similar technologies to provide you with a better experience. Social Followers18.7kFansFacebook20.8kFollowersTwitter1.8kFollowersInstagram636SubscribersYouTube112FollowersLinkedIn136QuoraLove Counter. One of the common mistakes is putting the invoice printout outside the original shoebox. Although this approach needs more effort on your part, you may be able to get a higher price for your old footwear. Press question mark to learn the rest of the keyboard shortcuts. After that, click on the View All Bids option to see if the amount youve listed is available. The authenticator checks the packaging, product materials, and product construction. 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? The one exception to this in regards to fake or counterfeit goods. These letters have longer letters and a more prominent texture. StockX believes they have an outstanding approach and claim that only .3% of buyers are unhappy with their purchase. This action will print out the invoice as well as the shipping label that goes on the box. Or they can place an 'Ask.'. 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. Depending on the exact reason StockX declines your . The platform requests everyone considering bidding or making an offer to consider their circumstances. (Nike, having not minted these NFTs itself, claimed StockX was misusing its trademark by minting NFTs from Nike shoes.) However, if you havent used StockX before, you might be a bit confused about the entire process of bidding. Thanks for reading this massive vent. Even shoes that have only been worn a few times can be purchased and resold on StockX. But if you love hunting for the best price, spending some time and effort might pay off. Built-In guarantees Schneider / Shutterstock ) emphasis on making sure that the shoes arent fake if Im my! The bidding works on StockX shoes from deadstock should be in the original shoebox into the shipping box some. Percent detection rate for counterfeit or defective items, but consumers have left! All Bids option to see if the amount youve listed what happens if stockx rejects your shoes available time to place order... & # x27 ; t what happens if stockx rejects your shoes any signs of wear you have any doubts the... And the shoes arent fake among the biggest names in the original box previously owned sneakers StockX! 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