The price of each item is formed from supply and demand.
For example, pairs in not-so-popular sizes are usually priced lower than the most popular ones.
However, is it okay to sell such old shoes on StockX, especially if they already look used?
Is StockX a reliable marketplace for sellers
StockX may seem like another online store.
But thats not entirely true.
A product can get cheaper or more expensive depending on various external factors.
Otherwise, the service works like a typical marketplace.
There are several thousand models of sneakers and branded clothing on the site.
Anyone can buy and sell, that is, act as a reseller.
After the user purchases the shoes, they are sent to the companys headquarters in Detroit.
There, service specialists check the quality of the product and then send it to the final recipient.
Often, however, the resellers themselves are afraid to sell fakes.
The platform immediately banned the seller, who was caught selling such sneakers.
Every day through StockX, people buy goods for $ 2 million.
The StockX ecosystem forces users to treat shoes as securities because a bad investment can hit the budget.
Is it possible to sell worn shoes on StockX?
And yet many sellers face the problem that StockX prohibits sellers from putting used shoes on sale.
Unfortunately, only brand-new or worn shoes can be sold on StockX.
That is, the maximum that is allowed is if you have worn the shoes a couple of times.
They must look like they have just been taken out of the original box.
Also, the box should have a tag with the shoe size, accessories such as laces, etc.
How to properly sell shoes on StockX
Selling on StockX is a straightforward process.
There are two options for selling on StockX.
you’re able to:
Bidding.
Like any other marketplace, you bid on an item, and buyers bid.
The highest bidder wins, and the platform tells you at what price a similar item is sold.
Youll receive payment once your item is shipped and verified by StockX.
To sell on StockX, you gotta follow specific steps:
You are sending the item for authentication.
The buyer pays shipping costs, and the sold items must first be shipped for authentication.
You will receive a UPS shipping label after your purchase.
hey pack the item securely, put the shipping label inside, and attach it.
StockX verifies the authenticity of the item and delivers it to the buyer.
How does payment on StockX work
Sellers receive payment after items have been shipped for authentication.
you might receive payment via PayPal, wire transfer to your bank account, or debit.
You will be charged a $15 fine or a fee of 15% of the transaction amount.
