Whether you love sneakers, designer bags or luxury watches, StockX has you covered. This website calls itself “the first stock market for things,” and it allows buyers and sellers to connect in a secure environment.
How StockX.com Works
As the name implies, the website operates like a stock exchange. Buyers can place bids on items they want, and sellers list their goods as “asks,” so when an ask and a bid are matched, the transaction happens automatically.
One major thing that differentiates StockX from other marketplace sites is their independent verification of every product. When a transaction is completed, sellers ship the item to StockX. The company then initiates an authentication process to ensure that the item is legitimate and in good condition. Once the item passes authentication, it’s immediately shipped to the buyer.
This is not a typical marketplace or auction website. Buyers can get their goods in one of two ways.
One method is to search for the item you want and click the “buy now” button on that product page. You’ll immediately be matched with whoever is selling that item at the lowest available price point, and you can pay for the item right away.
If you have the patience to wait for the perfect deal, you can opt to place a bid instead. If you go this route, it means that you’re putting out a “digital green light” to let sellers know which products you’re interested in and what your budget looks like.
When your bid matches with the asking price of a seller, you will be alerted, and the transaction happens right then. However, there’s no guarantee regarding how long you’ll have to wait for a match if you choose this option, so it truly is a matter of patience and timing.
There are also two options for a seller to offload his or her items on the exchange.
This is the seller’s version of the instant gratification option above. If you have goods you want to move quickly, you can choose the “sell now” option when you make your listing. This will automatically match you with the person who has the highest active bid for your item, and the sale is completed at that price.
If you choose this method, it’s a good idea to check out other asks and bids first to get an idea of how much your item will sell for.
Place an Ask
If you opt for this route, you’ll likely have to exercise some patience to get the best price on your item. When you place an ask, you’re creating a listing that includes the price you’re willing to sell for. Once it’s live, you’ll have to wait for a matching bid before the sale is completed. This can take a few hours or a few days depending on the popularity and asking price of your listing.
What You Can Find on StockX.com
Right now, StockX is focused on reselling only a few categories of items, but the marketplace for each of these categories is impressive and constantly expanding. Below you can find a list of the goods that are available on StockX.com.
Sneakers are the main attraction for this site. There are thousands of people who are die-hard collectors of new, popular and hard-to-find sneakers like retro Air Jordans, Yeezys, Nikes and Adidas.
They require all sellers to list only new, unworn shoes with original packaging, and they hire industry experts to inspect and verify the authenticity of each pair sold.
Popular Streetwear Brands
Streetwear includes hoodies, t-shirts, sweatpants, beanies, bags and collectible merchandise such as skate decks from high-end brands like Supreme, KITH, Bape and Palace. You can also find artist collaborations and other well-known brands, and it’s possible to search for items by season if you’re looking for something from a specific collection.
StockX is a haven of gorgeous designer handbags. You can find wallets, wristlets, crossbodies, totes, duffels and any size in between by all of the following brands and more:
- Louis Vuitton
Watch collectors will love the extensive selection of new and popular luxury watches for both men and women.
You can find brands like Rolex, Cartier, Seiko, Casio, Jaeger-Lecoultre, Omega and Tag Heuer as well as dozens of other designers for great prices.
Other Helpful Information
First-time users may find the site a little intimidating, but it’s truly easy to make a purchase.
You can create a portfolio of items that you’re interested in, and whenever you’re ready, you can place bids for those items.
If there’s a product you’re looking for that isn’t listed, you can make a request. StockX accepts “proposed product” forms and will often try to add items that aren’t listed on the marketplace if there is enough demand.
The entire transaction is completely anonymous. Because the sale goes through StockX, you never have to exchange information with another party.
Shipping costs vary from one item to the next, but StockX is currently able to ship to over 200 countries. Remember to check customs and duties for your country when you’re factoring up how much to bid for an item.
Conclusion and a Special Promo Code
StockX is quickly becoming one of the biggest online resellers for sneakers, street style and luxury brand items. The buying and selling process is streamlined and painless, so it’s definitely worth your time to browse for those items you need to add to your collection.
To sweeten the deal, you can use our StockX discount code for extra savings on your next order.