Buy and sell the hottest sneakers
Finally, it’s time to put a full stop to your quest for a trusted online marketplace. Stockx is here at your service. However, those of you who are unclear about the services performed by the store, skim through the description below.
Founded in 2016, Stockx is an auctionary marketplace, knotting up with the lowest product prices and bidding simultaneously. The prime focus of its service was initially around a multitude of sneakers. Over time the focal space has expanded and eventually included apparel, electronics, and similar categories. Despite merchandised platforms, Stockx also allows individuals to partake in its selling and purchase program. As per its own data till 2021, the site has climbed a gross merchandise value worth $3.8 billion, has 30 million monthly visitors and has 11 pick-ups and drop-off locations.
Key parameters of Stockx:
Whether buying or selling, each of the enlisted products at Stocks undergoes a thorough authentication, and make the products for public outreach only after it qualifies their own-set validation criteria. The authenticity is being undertaken in 6 steps. These are as follows.
- Scrutiny of product condition
Stockx never entertains product discrepancies or any form of flaw. Henceforth, it allows either a new brand or an unworn sneaker/ product to seat for further process.
- Data-driven authentication
Each product is being verified under the domain of huge data-driven analysis. For example; it keeps a sharp eye on the product quality, measurement, ratio, and various similar outlay while in the process of authentication. All these methodological are solemnly processed by its in-house data experts.
- Accessories
A complete list of major accessories along with the supplementary one gets revealed with each product to avoid any trust-related issues later on.
- Adaptation of AI technology
To ensure better quality and sturdiness of the newly decked up products inside its warehouse, Stockx lends a supplementary help of AI technology. AI pinpoints more on the product endurance with a better approach.
- Package and delivery
Before placing a product for a buyer outreach, robust and resistant packaging is adhered. However, the average time for delivery encircles around 7-10 consecutive days.
- Quality assurance
To trim or erase any confusion from the shoppers’ desk’ Stocks assures their users with ultra product quality assurance by providing a QA sheet that double verifies the product potency.
Buying tips for a Stockx product
Since Stockx is a combined marketplace instead of a shopping brand, buying techniques are unlike a normal shopping store. Clubbing the opportunity for biding and setting the lowest price based on the bid, could be addressed as the main reason. However, stay upfront with the underlying tips before bagging a sneaker.
- Head to its display for the hottest or trendsetter sneakers
- Claim a bid or buy with the tagged lowest price. For example, if a sneaker with a displayed price tag of $250 is swayed, you can claim more price drops with a personal suggested limit.
- Wait to be acclaimed with the bid and for the further response on behalf of the team Stockx
- Once your request gets processed, the essential authentication process would be initiated
- After 100% authentication, shipping starts and gets over within 7-12 business days
- In case you want to skip the process of bidding, you can simply buy the product with the original tagged price.
Caution: Prior to placing an order and putting it for bidding, ensure proper sizes and fit.
How to sell a product at Stockx? Important tips
- Sign up and create a seller account at Stockx
- List the items you want to set for sale
- Check the products that are handy on the highest bid at that moment or you can personally ask for your own price limit
- Keep the products ready and well packed and get these shipped within 2 days of filling your application at Stockx
- Wait until the verification process is done by the experts of the store
- Get the payment directly to your account once successfully verified.
Note:
- Stockx does not claim images of the product while putting these for sale
- All the selling items must be new or unused
- Single product sell or sell in bulk, both these categories are entertained
- A delay of more than 2 days from the pre-mandated date of product shipment will charge a penalty of 15% upon the transactional value.
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Selling rewards and bonuses
Based on the selling activities, both the individual and merchandise groups will be rewarded with myriads of perks and benefits, the details of these rewards are tabulated below.
Selling hierarchy | Required amount | Transaction amount | Rewards + advanced features |
Level 1 | NA | 10% | NA |
Level 2 | 3 sells/ $500 worth value | 9.5% | NA |
Level 3 | 6 sells/ $1,500 worth value | 9% | NA |
Level 4 | 25 sells/ $5,000 worth value | 8.5% | Rebate worth 2% of seller fee via discount bonus+ bulk shipping+ early payouts |
Level 5 | 250 sells/ $30,000 worth value | 8% | Rebate worth 2% of seller fee via discount bonus+ bulk shipping+ early payouts+ VIP account management |
Stockx hottest sneakers| Hotlist items
As the galore of Stockx mainly devotes significant attention on decking up sneakers, it regularly refresh these racks with the latest and trending collection. All its sneakers showcase a vibrant range both in terms of brands and prices.
Among all, the renowned show brands, endorsed by the store are Adidas, Air Jordan, Nike, New Balance, Rebook. All these brands are accessible to all genders of all ages. On average the lowest of these sneakers start onwards from $100 and below to that. Therefore, don’t procrastinate more navigating inside Stockx and uncover its trending collection. A glimpse of the top models is revealed below.
This was an overall overview of the Stockx and its service policy. Let’s hope you find it very efficient. So, make use of the site holistically onwards from your next purchase. Enjoy.