StockXs customer service is really poor at performance and efficiency. Founded in 2015, StockX is a marketplace platform for buying and selling hard-to-find consumer products, most often limited-edition sneakers. The unique identifier of the API your web app wants to access. Its early iteration was a rare sneaker website Campless, founded by Luber. While StockX endeavors to have your product arrive in perfect condition, they cannot control the shipping. Anonymous Listing and Bidding: With anonymous listing and bidding, its a fair market. This document provides details on the necessary steps and information to get started with an API integration to StockX. [10] StockX opened a second authentication center in Tempe, Arizona, in late 2018,[8] followed by two more in Moonachie, New Jersey, and West London. Do NOT send us a shoebox in an envelope [23], The company's first "StockX Day" event in Detroit, which invited resellers, platform users, and industry influencers to meet employees and see operations, was held in October 2017 and attended by approximately 200 people. Pack up your item as safely as possible, place the invoice inside and affix the label. Now that youve sold your item on StockX, its time to pack it up and ship it off. 7) Currently, the market value of StockX is around 3.8 billion dollars after its last round of funding. Using Your WiFi to Sell to Your Customers, Zoho Bigin Updates Provide Small Businesses with Interoperability and Affordability, Top 20 Products Your Business can Sell on eBay. Once you have obtained an access_token from the previous steps, you can start making API calls. Since November 2020, it has also opened up to electronic products[1] such as game consoles, smartphones and computer hardware. Sellers are charged a fee for selling on the platform. En Route to StockX for Authentication UPS Status: In Transit Expected Delivery to StockX: Not Available The start of a curious case After the initial scan updated on the UPS website, the. The app provides the Client ID and Client /Width 625 I'm just glad it wasn't "lost" in transit or that you didn't have to go through a bunch of stretched out delays. And got it? Sadelle Moore recalls the early days when hed be sitting around the StockX Detroit headquarters waiting for sneakers to arrive. A CURL example is shown below of a header with a bearer token. Especially for those regular people who have full-time job instead of professional sneakerheads. The timing of Nikes new allegation is suspicious. Processing your order takes time and depends on the available shipping services. Could be experiencing delays but definitely would not be more then 10 days. If the StockX says that a regular order will ideally take seven to twelve business days to reach you. Like Nikes initial claims, Nikes new allegations lack any merit. Now that you know what is sold on StockX and what its is all about, you probably have a lot of questions about the site, the platform itself, and how to get started. The Authorization Code will be available in the. Authentication takes place any time an item is bought or sold on StockX. Investors included General Atlantic, GGV Capital, and Yuri Milner's firm DST Global, in addition to Battery Ventures and GV. If you know unknowingly sell fake shoes and it is discovered in authentication, StockX charges 15% of the sales price or $13.95 for shipping them back, whichever costs more. endobj Dan Gilbert, industry giant, founder of Quicken, and owner of Cleveland Cavaliers acquired Campless and it evolved into StockX. [17][37] The investment helped fund StockX's international expansion. The access token must [15], The company has more than 800 employees, as of August 2019. Subsequently, I sent another email to StockX again, with the attachment of my UPS dropped off receipt, and the anger about their irresponsible attitude (cancelling my order). StockX was founded in 2015 by Dan Gilbert, Josh Luber, Greg Schwartz, and Chris Kaufman. Learn more. To view the purposes they believe they have legitimate interest for, or to object to this data processing use the vendor list link below. It all depend how good the agent is from the UPS customer service (or how unprofessional or lazy the agent is). 50 94 94 comments Best Add a Comment BasicBrodosers 3 yr. ago Same here, contacted CS and they said it is due to COVID delays from StockX and the shipping people. This is illegal! /Title ( W h a t d o e s e n r o u t e t o s t o c k x f o r a u t h e n t i c a t i o n) For Buyers, the verification process means you can expect your item to be independently. If you are able to successfully exchange the code for tokens, you will receive a response with a payload containing access_token, refresh_token, id_token , and token_type. This is illegal! The bidding process is like making an offer on what you intend to buy. /AIS false * */, "Sample homepage. The access token is what you will Or they can place an Ask. This means that you set a price, and users can choose to bid on it. Early on we were getting 10 boxes a day and didnt have a set process. It was something I havent ever really felt before, like getting scammed, he says. Product selections 4.5 Prices 4 Fees 4 Research tools 4 Ease of use 4.5 Customer service 3.5 Pros Buy or sell collectibles Authenticity inspection Then I turned to call UPS customer service again. StockX was founded in 2015 and launched in February 2016. stream For sellers, you will create a listing for your product. [35], StockX charges a 3 percent processing fee for all resellers, and a 9.5 percent transaction fee for new users, which decreases with experience. The news comes amid tough times at StockX. StockX authenticates all products before they're sent to you, so you never have . Initial transactions are charged at 9.5%. 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. Charity Campaign", "StockX Offering Free Fraud and Identify Theft Protection After Hack", "Sneaker Marketplace StockX Seeks New Customers With Bleacher Report Deal", "StockX Names Deena Bahri First Chief Marketing Officer", "StockX Co-Founder Josh Luber Is Leaving the Company", "UConn's Paige Bueckers has name, image, likeness deal", "IT WAS ONLY A MATTER OF TIME BEFORE STOCKX WADED INTO NFTS", "Resale Juggernaut StockX Is Launching Its Own Slides Today", "The Race to Be the Biggest Resale Site in the World Is Heating Up", "How StockX is putting the ticks on sneakers with Mark Wahlberg and Eminem's help", "StockX Raises $44 Million in Series B Funding", "Sneaker site StockX raises funds, hires eBay executive", https://en.wikipedia.org/w/index.php?title=StockX&oldid=1138514679, This page was last edited on 10 February 2023, at 02:46. All Rights Reserved. When the 2.0 came out in 2017 I was like, they changed the materials and whatever, the color is a little bit different, but I still love it., The NikeCraft Mars Yard 2.0 sneakers. Before we continue with Yarbrough, lets rewind the clock a few years back to the genesis of StockX. 2023 Fairchild Publishing, LLC. Do NOT send a package to us without attaching the shipping label that we generate for you. You have many payment options with StockX. Some sneakers are sent directly from China. Since inception, StockX authenticators have inspected more than 30,000,000 products and prevented $60M in counterfeit sneakers from reaching buyers. Yes, this is real. You will token for an access token you must make the same call. UPS stores should provide a folder on the outside of your package for free. $4%&'()*56789:CDEFGHIJSTUVWXYZcdefghijstuvwxyz ? That is why weve created this super easy, step-by-step blog post for exactly how to pack that next great StockX shipment. The calls can only be made after you already made the /authorize Step 3: Use bubble wrap and/or shipping paper to ensure the item is secure in the box while in transit. Note: This is your applications endpoint that you will need to implement to receive the authorization code. Authentication: Knowing the item is real and getting the stamp of approval is a big advantage for buyers and sellers. [10] StockX received $44 million in a second venture round in September 2018. Continue with Recommended Cookies. Time is always money, my friends. refresh_token is a special token used by the IDP Once everything is authenticated, you will receive your payment. StockX looks forward to defending its reputation and to understanding why Nike, which once sought to collaborate in combating counterfeits, now seeks to anticompetitively undermine StockXs business model for making the secondary market safer and more efficient for consumers. The main thing to remember is that StockX essentially works as a middleman. Follow our Instagram. An Inside Look Into Our Verification Process, The Complete Guide To Buying On Our Marketplace, Catch Up on the Latest News From and About StockX, Learn How to Start Easily Selling on StockX, Learn More About StockX and What Makes Us Tick. Anonymous Listing and Bidding: With anonymous listing and bidding, it's a fair market. Press question mark to learn the rest of the keyboard shortcuts. This was later proved wrong, the truth is, the seller can open the case even the label is issued by StockX. Below you will find an example of a call to /authorize for token exchanging. C q" The company has also entered Chinas sneaker market. 3/26 Shipped to Stockx 3/29 "Item Received at Stockx for Authentication" I'm not overly concerned at the moment, but doesn't help seeing others have theirs authenticated the same . This article is part 14 of 15 in the series: either hit up the nearest UPS store location (. Based on my previous experiences, it usually took 27 business day to see the item delivered to StockX warehouse. The startup hit a $3.8 billion valuation in April . When it comes to setting the asking price, its crucial to be competitive. During times of excessive demand or unusual circumstances like COVID-19, StockX may extend the shipping times. My sneakers were gone, my potential profit was gone, the custom service just kicked me away, who wouldnt be pissed off by this kind of reply? Yet even with all its resources and skill, it cant always get it 100% right. However, that does not mean you do not have options. be added to your header request as a bearer token, i.e., with the text Bearer in front. You can set listings up to expire after 7, 10, 14, 30, or 60 days and renew as needed. As the key to the communitys trust and the companys international expansion, StockX reveres themselves most on the constantly evolving process of authentication. I was expecting a delivery time a little more like that. Now before you rush out the door, we want to make sure youre coming 100% correct when sending that item off to a StockX authentication center. Dont believe us? Sorry, this post was deleted by the person who originally posted it. The website acts as a middleman between buyers and sellers, making otherwise potentially shady resale market transactions safe and secure. Each of these platforms has different processes in place and product offerings. Every year, StockX improves its practices, and every year, its opponents sharpen their skills, getting just one more detail right. [33], In January 2022, StockX announced the ability to buy and sell NFTs on its marketplace. * This is where the magic happens. Of course, all payment plan options are subject to terms and conditions. However, not all replies to the statement were critical of StockX. Similar to auction sites like eBay, you can either list a product for sale or set up an asking price for bidding.