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How does StockX Work? StockX is a marketplace where Buyers and Sellers can make anonymous offers on a wide variety of shoes, streetwear, electronics and collectibles. As a live marketplace, StockX empowers Buyers to Bid and Buy at real-time prices that reflect the current demand.
- How to Buy - StockX
There are two ways to buy on StockX: placing a bid or Buying...
- StockX: Sneakers, Streetwear, Trading Cards, Handbags, Watches
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- How to Buy - StockX
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Jun 4, 2020 · Founded in 2015, StockX is an online marketplace for buying and selling sneakers, streetwear, watches, and designer handbags. The website acts as a middleman between buyers and sellers,...
- Henry Blodget
Oct 20, 2022 · How Does StockX Work? Understanding how StockX works for you as a user depends wholly on what you plan to do with the platform – whether you want to buy sneakers or sell them. Learn more about this below.
There are two ways to buy on StockX: placing a bid or Buying Now. A Bid signals your intent to buy - it is your financial offer for an item on StockX. You can also cancel or update your bid anytime before an Ask meets it.
- 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 m...
- Shipping fees vary based on a variety of factors including the price and size of the item, item type, shipping costs determined by our carrier part...
- Due to the anonymous nature of our live market, we are unable to offer return, exchanges or swaps - including if you ordered the wrong size. The go...
- Don’t worry! We are constantly working to ensure all sellers ship as soon as possible. Our average delivery to you is 7-12 business days from your...
- Buyer processing fees, import duties, and sales tax are calculated based on your shipping address. As a buyer, you agree to pay any and all local,...
- How Does StockX Work?
- Play The Sneaker Lottery
- But Don’T Be Afraid to Buy at Resale
- Take Your Chances
- Don’T Undersell Yourself
- Be Patient
- Know Your Market
- Alternatively, Ignore The Hype
The site is built more like a stock market than an auction platform. There are no bidding wars, no low-quality digital camera pictures, and (theoretically) no fake items. There’s just the product, a suggested price, and the option to sell or buy. On any given page, for any given trainer, you can access the data for every transaction which has ever ...
Paradoxically, one of the best StockX tips is to not buy on StockX. When new trainers or streetwear steals are given a limited release, it’ll tend to be done through a ‘raffle’ on the brand’s own site. These raffles are free to enter and, if you’re lucky, will allow you to purchase the goods at retail price – meaning an almost guaranteed profit at ...
Retail-price shoes are incredibly hard to come by, meaning the most common trend among StockX resellers is trying to ‘catch the moment’ on release day. “It’s probably easier odds to find a shoe that’s in-demand, buy it on release day and then resell it later that year, than it is to get a raffle,” Morrison says. “I could probably name 10 shoes off ...
Ask for hacks on how to use eBay, and people will tell you to post your auctions on a certain night, or search for misspelt designer brand names. But on a site like StockX, where items are categorised and authenticated and bids can stay up for months, these tricks don’t work. The good thing is, other tricks do. “Because you can bid whatever you wan...
On the seller’s side of things, the same approach applies: Sabir advises listing your items for slightly higher than the current market trend. “StockX takes a percentage of your fee,” Sabir says. “So I’ll usually put items up at a price which is a little more than the market price, with the StockX fee on top of that. I’ll be putting maybe an extra ...
For more seasoned resellers, making real money is about playing the long game. This means being able to invest the capital you need into buying several pairs of trainers at resale price, then sitting on them until the time is right. “It’s the nature of economics,” Sabir explains. “People buy these shoes, then they wear them. This keeps happening, a...
If you don’t know who Travis Scott is, you need to do your research. Same goes for Virgil Abloh, Supreme, and any of the other big names that command huge prices on the platform. Any of the Nikereleases with Scott’s name on are gold dust, while Morrison admits that Off-White designer Abloh “still has the Midas touch”. He says the handbags Abloh des...
If you’re looking to buy rare and desirable shoes on StockX, get in line – outside of the unaffordable recent releases, some of the most covetable styles on the platform reach truly astounding prices. “You’ve got the Yeezy Red Octobers, which go for several thousand pounds,” Morrison says. “The Chanel x Pharrell collaboration shoes go for between £...
- Bobby Palmer
Dec 4, 2018 · As the worlds first stock market of things, we’ve revolutionized the way millions of people buy and sell sneakers online. To help you understand our model, we’ve created these how-to videos...
- 2 min
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- StockX
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