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StockX CEO Scott Cutler On Disrupting The Sneaker Resale Game In Asia

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The first is just to buy the item outright. Once verified as authentic, StockX sends it to you. Once you find that item in the StockX catalogue, the next step is to choose its size. I did not receive my contest email. Even though I received the actual shoes on Wednesday. Does trying a pair of shoes on to see if they fit count as worn? Once your item has sold and is verified authentic, you will receive your funds within one to three days. You can opt to receive funds via PayPal or via an ACH transfer directly to your bank account. They are purpose-driven with a collector in view, and they have significant mindshare in the community. They sent 2 pictures from box, someone stole the box and the belt leaving the original invoice from Louis Vuitton. Just like when you want to buy. However, the benefit of this strategy is that you may be able to get the item at a lower price than is currently posted if a seller agrees to it. Proof of Authentication: Upon receiving the sneakers, the independent authenticator confirms they are consistent with the listing title, description and images, and then performs a multi-point physical authentication inspection. I waited until Black Friday and purchased the shoes. 8s ease-in-out;transition:min-height. Why is it just sitting there instead of being on the truck. The power of authenticity, of course, is what drives the booming secondary market, where shoes can be limited to thousands of pairs or even dozens of pairs per release. This allows you to make multiple payments on expensive items over the course of several months. In this case, you will just pay the lowest asking price available for the item. 5 ;background-image:-webkit-linear-gradient rgba 0,56,145,. They are telling me to contact police on basis they were stolen - even though I never received and they can not prove they delivered them in the first instance. Instead of letting buyers and sellers negotiate the transactions themselves, their website uses data to track prices for each item and matches buyers and sellers anonymously. Even if you are not particularly tech-savvy, you should easily be able to navigate to find the products you are looking to buy or sell. Then, they review the entire product for authenticity. 8 ;background-image:linear-gradient 180deg,transparent,rgba 0,0,0,. On StockX, you will find a huge selection of designer sneaker brands and deadstock shoes, and you can buy rare, limited edition models from other sneaker enthusiasts. I am still waiting for payment despite my items being received and passing verification weeks ago. com" url: text search for "text" in url selftext: text search for "text" in self post contents self:yes or self:no include or exclude self posts nsfw:yes or nsfw:no include or exclude results marked as NSFW e. 2s ease-in-out;-o-transition:all. If a seller with that item sets an ask for the same price as your bid, you will be matched up, and you will automatically purchase the item. 5 without all the accessories that the shoes I sent were wearing. On the 1st, my item was verified and labeled by noon that day. And if just so happens you get a fake, their returns policy should sort that out for you. That is not only bad for the seller BUT the Buyer as well! 8s ease-in-out,-webkit-transform. In the past, when you bought luxury items online, you were always taking a gamble, because you were never sure if the item was actually real or if it was a knockoff. They print a shipping label and it has now sat there for a week. They make sure both the material and the construction of the product are accurate, and they even review the authenticity of the packaging. Have you ever purchased sneakers from StockX? Please share your experiences in the comments section below. If it turns out the item was fake, you receive a refund, and the seller gets his fake item back. It was founded by Josh Lubert, an IBM alum, and Dan Gilbert, a noted billionaire who founded Quicken Loans and is the owner of the Cleveland Cavaliers. If anyone on trustpilot wants pictures of the shoes happy to share. The fees can rise quickly given the increasingly lofty prices of rare sneakers. StockX overseas is performing better than the US locations especially the Georgia location. This is a clear bite into the dominance of StockX and GOAT in the limited sneaker universe. 75em;color: 4d4d4d;line-height:1. StockX determines the going prices of each item by looking at historical data of bids and asks for the item. EBay has been slow to move here but has significant resources and already does brisk sneaker business, with 6 million sneakers sold in 2019. 2s ease;transition:background-color. It is extremely radiculous unhelpful platform I have ever use! 22,1 ;-o-transition:transform 1. StockX will provide you with a shipping label that you can print out. 25s ease;-o-transition:height 1. One is in the Corktown neighborhood of Detroit, with two more in Moonachie, NJ and Tempe, AZ. I summarize my case: I created a StockX account on October 18 in order to sell a Jordan 1 Retro High Travis Scott size 8 EU41 that had already passed your verification: they wore the verification tag, the sticker and so on. As a matter of policy, BBB does not endorse any product, service or business. Which seems inexplicable to me since you can perfectly verify that since I created my Stockx account I have only sold these shoes, NOTHING ELSE. Everything you report, goes directly into their catalogue of fake items. 8s ease-in-out;transition:-webkit-transform. After 3 weeks without knowing absolutely ANYTHING about my shoes and several unsuccessful attempts to contact you, I decided to upload a review to Trustpilot to share my discomfort about the service and handling of my sale. Now I have NO IDEA when I will receive my package at all. Once you do, you can choose to buy it immediately at the lowest asking price currently available. 8s ease-in-out;-o-transition:min-height. play-button-icon:before,fbs-video. 5 ;background-image:linear-gradient rgba 0,56,145,. Bought a Ps5 for my son for Christmas for double the cost. Received an email from them that it had been delivered to our home on Dec 3rd. The entire process is very safe for both buyers and sellers, because the site fully authenticates every product. A shipping fee will be added to your purchase, and you will need to pay duties and taxes as well. They provide a well known and influential backer in the sneakerhead community that should provide a solid signal for buyers and sellers. If that price is still too steep for you, you can place a bid on that item. Total scam and would advise to stay away from this so-called company. com find submissions from "example. The security and ease of use make it a must-visit for anyone interested in sneakers. The only reason I was able to even see tracking on it was because my UPS account alerted me someone was sending me something. Although there are fees associated with every transaction, many buyers and sellers find the user-friendliness of the site to be worth it. StockX is a live marketplace, which means that the prices and selection of items are always fluctuating. Sneaker culture, which was born on the basketball court and driven largely by Black athletes, musicians and icons, is now squarely mainstream and very big business. I used one time and ran well ralph lauren backpack , and then I used it to sell one louis vuitton belt. 8 ;background-image:-webkit-linear-gradient top,transparent,rgba 0,0,0,. vjs-big-play-button:after,fbs-video. On Friday, November 13, the package arrived back with my supposed shoes. 875em;display:-webkit-inline-box;display:-webkit-inline-flex;display:-ms-inline-flexbox;display:inline-flex;-webkit-box-align:center;-webkit-align-items:center;-ms-flex-align:center;align-items:center;-webkit-box-pack:center;-webkit-justify-content:center;-ms-flex-pack:center;justify-content:center;font-weight:700;-webkit-border-radius:5px;border-radius:5px;cursor:pointer;line-height:1;border:none;-webkit-box-sizing:border-box;box-sizing:border-box;-webkit-transition:all. 5 ;background-image:-o-linear-gradient rgba 0,56,145,. 16657068-16556827, 16492573-16392332, 16628436-16528195 and 16826454-16726213 are the order numbers for the sales. Negotiating resales can be very awkward or frustrating on other websites, but with StockX, the anonymity makes it feel much more transactional and professional. 75;-webkit-transition:opacity. If the item you are selling already has some bids available, you can opt to sell immediately by accepting the highest bid. Based in Detroit, MI, StockX employs more than 800 people at their headquarters. The eBay authentication tags even look like those offered by the two players. This ensures that all of the products you receive are totally authentic. play-button-icon:after,fbs-video. Even though I had already received a confirmation email stating, "Congrats! BBB Business Profiles are provided solely to assist you in exercising your own best judgment. When I open the package I see a box of Jordans 1 Retro High Travis Scott size 7. After a while, you might realize your price is a bit too high. In this article, we will dive into the StockX experience, so you can be informed before you try it out. If you are a sneakerhead, you have probably heard of StockX — a marketplace that allows consumers to buy and sell luxury goods. This damage process can be raise by shipper or by consignee, so if you have the goods full description, quantities, commercial value, contact name and phone number in destination of the person who can deliver the packaging for inspection to loc al UPS, please forward those infomations. BBB Business Profiles are subject to change at any time. use the following search parameters to narrow your results: subreddit: subreddit find submissions in "subreddit" author: username find submissions by "username" site: example. If this package was delivered empty, a damage process must be raised until the december 10th. They sent me some shoes that are not mine and they obviously did the verification with some shoes that are NOT mine. After several emails back and forth, I was informed that the size of the shoe I ordered did not qualify for the Black Friday Contest. However, BBB does not verify the accuracy of information provided by third parties, and does not guarantee the accuracy of any information in Business Profiles. Next, you choose whether you want to sell it immediately for the highest price currently available or set a higher price and wait. Expanding to international markets, they currently have authentication offices in London UK and Eindhoven Netherlands as well. StockX Authentication Process One of the reasons that so many sneakerheads are turning to StockX these days is because of their authentication process. However, if you want to try and get a higher price for the item, you can opt to set an ask price for your item. I knew that this was not my box, mostly because the size was different to the ones I sent, but I was unsure if It was a standard photo or my supposed shoes. Your orders have also already been updated and our team has made notes regarding them and you should be receiving an email soon about your orders as well. I have just received a shocking buyer experience with stockx. The company quickly attracted celebrity investors like Eminem and Mark Wahlberg. When a product is listed on StockX, they first verify it for color, size, and condition to make sure that the listing is accurate. Why send an email saying you are back to normal but haven't changed? You will also be able to see if the price of the item is going up or down. STOCKX is the most horrible service. They currently ship to more than 200 countries around the world. avoid go somewhere genuine and innocent where you can call a number or email a human. I have two other orders also that I am waiting for payment but those are still fairly recent. One of the biggest advantages is the security that the StockX site provides. They are most well-known for their sneaker selection and have quickly become an influential part of sneakerhead culture. Note that in the email in which I was notified of the failed verification, there was an attachment of a photo of a shoe box of the Jordan 1 Retro High Travis Scott size 7. key-facts-element:not :last-child p,. About the only way to guarantee authenticity is to get the product in hand and have them examined by people trained to spot fakes. Take a look at the reviews, most of the 5 stars are 1 sentence long and totally baseless. To do this, you can consult the sales history for that specific item as a general rule of thumb. BBB Business Profiles may not be reproduced for sales or promotional purposes. Contact customer service and already passed 5 days and no answer from my last email. Just make sure you click on the "International" button if you want to validate an address in Mexico. That same day, October 18, my offer was accepted and on Monday October 19, I proceeded to send the shoes to StockX facilities in Veldhoven. My hope is that the faster movers here will take this as an opportunity to really revamp their product experiences. , separately incorporated Better Business Bureau organizations in the US, Canada and Mexico and BBB Institute for Marketplace Trust, Inc. Selling an Item When you have an extra pair of sneakers or any other type of streetwear to sell, the first step is to search for that item. As the company has grown, they have partnered with major shoe companies like Nike, and they have also been featured in a variety of notable publications like The Wall Street Journal and Forbes. You may be able to get a higher price for the item by putting out an ask. You can currently buy on StockX using USD, AUD, CAD, euros, and pounds. 707 23 23 23 ---- My Original Stock REVIEW ------ Item Dissapear during ship or after arrived T stockx UK. important;clear:both;font-family:Work Sans,sans-serif;padding:30px! StockX keeps my Yeezy shoes without return it, it is a shame that such a big company provides this extremely poor service. 25em;color: fff;background-color:rgba 0,0,0,. key-facts-element:last-of-type,. Shipped inside a bubble plastic inside one box with original box, dust bag and the receipt. The upcoming round is expected to be the last private fundraising before an anticipated initial public offering in mid-2021, according to sources close to the situation. After countless attempts to contact them for all kinds of questions I want to leave this review because it is definitely the only way to get a reply from you. The company has yet to create a pitch book for the upcoming fundraising but has contacted existing investors in recent weeks to gauge their interest, sources said. Advantages of Using StockX There are many advantages to using StockX to buy and sell your sneakers and other luxury items. Of course, that seller will receive a negative review based on that item. The exact same shoe they sold me. 2s ease-in-out;transition:all. When both parties feel comfortable with the process, it runs much more smoothly. UPS do not provide a drop off receipt, as our label is scanned with a pick up information. I am going ahead and file a police report within a few days and a law suit to also get compensated for the loss of time. I decided to pay more money on StockX for my daughter's shoes because they were having a Black Friday Contest. BBB Business Profiles generally cover a three-year reporting period. Though the brands themselves have toyed with different ways to authenticate, from NFC tags to blockchain solutions, the counterfeiters have kept up with those various methods too and clone them quickly. Third-Party Authentication: EBay has partnered with industry leader Sneaker Con to create a new state-of-the-art facility — leveraging the top authenticators in the industry, a robust checklist of product specifications and best-in-class processes to ensure accuracy and efficiency. After that, UPS wont accept to investigate it. One of them is located in Hong Kong as StockX eyes an expansion into lucrative Asian markets. Finally, both buyers and sellers really appreciate the anonymity of StockX. And even after making multiple complaints about the status of my payout and the shoes whereabouts the shocking customer service have done absolutely nothing just sending automated responses. Obviously when I saw that the shoes had failed the verification I was very surprised since, as I said before, the shoes had already been previously verified by stockX and they wore the verification tag— untouched. Then, you have to determine the price for your item. StockX got a boost this year from COVID-19 as lockdowns have shuttered traditional sneaker outlets. If you have further concerns please continue to reach out to our support team and we will continue to follow up. By shopping on StockX this Black Friday weekend, you are eligible for a prize with every purchase. Any excuse StockX will use to make themselves look good. Is StockX legit? The other buying option involves a little more risk and patience. 5 billion valuation as it prepares for a fresh round of private funding, The Post has learned. On Monday, a pair of four-year-old Nike Air Force 1 Craig Sagers — decorated with paisleys and blue, metallic swooshes —. article-wrapper contrib-block,. Within each of these categories, you can search for products by brand. Their business model is based on facilitating public auctions between buyers and sellers, while keeping the experience secure for all parties involved. fbs-ad--top-wrapper--takeover fbs-ad,. You will earn buyer rewards the more you shop with StockX, which will count towards free shipping on future orders. You will need to make sure the product is appropriately packed to the StockX standards, and you will need to send it via UPS. EBay was likely already capturing a decent portion of the lower-end market, but now has a chance to grab some of the fattier meat. One more thing, take a look at the amount of complaints here, there are almost more complaints then positives ratings. When you box the item, you need to put the packing slip in there as well. Stockx supplier said they delivered on 12 Nov but admit no signature was activated. Which is correct, however, the font was so small it the plus looked like a division sign, Not changing my review. They said StockX has just not given them the package. It then sets an aggregate price for the item, which you can see on the profile. As you sell more items, you gain the benefit of reduced fees, all based on your standing as a seller. Selling on StockX If you are a seller on StockX, your process will be very similar to that of the buyers, except in reverse. The advantages and disadvantages of this strategy are similar to the advantages and disadvantages of making a bid as a buyer. 8 ;background-image:-o-linear-gradient top,transparent,rgba 0,0,0,. This was the email received from UPS: "Dear Mr. One thing to note here is that StockX charges certain processing fees. 75rem;font-style:normal;font-weight:400;line-height:1. StockX recognized a need for a marketplace that buyers and sellers could trust. What can I buy and sell on StockX? The quick story here is that rep for authentic merch is, uh, not great — especially the sneaker universe, where fakes can be virtually indistinguishable from authentic items. 22,1 ;transition:-webkit-transform 1. The program sounds pretty much the same as the others on the market:• They are also a great place to find items from coveted brands like Supreme and Louis Vuitton. US residents can also opt to use the Affirm program when they purchase an item. My item was received by them on the 27th. They been tried on at home on carpet. StockX is currently working to add more currencies to their system. Left it on UPS office, some days later I received the confirmation that item arrived at Stockx Warehouse and 4 days later received one email saying that I sent empty box without item. We will talk more about this later on in the article… StockX was founded in 2016, so its rise to success has been rapid. With so much buzz, you might be wondering — Table of Contents• important;-webkit-box-shadow:none! However, in that same email he wrote me that the cancellation fee had been imposed because it was the second time I sold shoes and the verification failed. Hey Vahe, it seems that our team has already reached out to you regarding your case that you submitted to us. 2 ;box-shadow:0 0 20px rgba 0,0,0,. Those fake reviews should be removed from this page. timeline-element:last-of-type,. article-wrapper guest-contrib,. one dating back to Aug 19 and another from Sept 2. So bad experience with this plataform. I received an email from ups and stockx that my item was ready to be shipped and the label was made to be delivered by the 2nd. key-facts-element:not :last-of-type :after,. An eBay tag, guaranteeing its authenticity, is attached to the sneakers to finalize the process, driving confidence in the collectability and resale value. Both StockX and GOAT have been relatively stagnant on the app and website front for a while, offering some intriguing yet — but not dramatically overhauling their product. If you have an item that you think could go up in price over time, set your asking price a bit higher and wait. Keep in mind that all bids and purchases on StockX are final, so you cannot return a product after you have purchased it. You have to pay 25 bucks in shipping for it to sit on a shelf in their authentication center for a week. I am also going to report this Trustpilot page. animate-line:not :last-of-type :after,. In addition to the backing of investment firms like Google Ventures and General Atlantic, StockX has boasted celebrity investors that include Eminem, Mark Wahlberg and Karlie Kloss. You ship item before receive payment, if there is any problem who will cover your lost? I have shipped 4 items, and they still have not been verified.。

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Typically, I would receive payment from StockX in a matter of a week or so 3 weeks tops. 5 ;background-size:1px 1px;background-repeat:repeat-x;background-position:0 1. They are out there only to fill their own pockets and scam innocent people like us. StockX and GOAT have advantages still, even with authentication now a commodity feature. This press alone would give you a good indication that StockX is a legitimate company, but the company takes it a step further, with very successful performance over the years, as well as measures in place to ensure that both buyers and sellers stay safe. image-embed fbs-accordion span. When StockX started back in 2015, it focused on reselling sneakers, watches, designer handbags, as well as many other kinds of streetwear. But if eBay is able to rescue its reputation for questionable sneaker transactions I was once shipped a pair of socks and a literal brick in an eBay transaction gone bad and incredibly poor seller support eBay sides with the buyer in the vast majority of disputes, even obvious con jobs then it could pose a serious threat here. Last time I'll buy anything from them and if it doesnt arrive this week I'm disputing the charge with my bank. The Detroit-area company reportedly charges a commission ranging between 9 and 14 percent for pricey shoes such as and Adidas Yeezys. Returns are shipped back directly to the authentication center, where the third-party experts verify each item and its condition before returning to the seller. Again the only way to contact them was through a review I left on Trustpilot. Was shipped to StockX by seller and status took forever to update. There is probably just an issue with it not understanding the format of your address. Will definitely raise the issue to Consumer Association。 。

Is StockX Legit?

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StockX CEO Scott Cutler On Disrupting The Sneaker Resale Game In Asia

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StockX seeks $2.5 billion valuation as it eyes more funding

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StockX seeks $2.5 billion valuation as it eyes more funding

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