One of the biggest issues for buyers who are not used to how sneaker culture operates is the speed at which third party platforms ship the product purchased on sites like GOAT, StockX and eBay. The authentication process, which allowed sites like StockX to grow in a world dominated by Amazon and eBay, is what…
We’re excited to announce great news for Sellers on StockX. For a limited time, StockX is removing the 3% Payment Processing Fee for Sellers. This new 0% rate is in effect now and will be automatically applied to any Asks you place in the future, as well as any existing Asks you currently have…
Source: What is bulk shipping? I wrote the following post two years ago during a consultation. The goal was to see which site offered buyers the best return on revenue when selling kicks on 3rd party sites StockX and eBay: Does eBay Really Have the Best Fees in the Game? How Shipping Shapes Sneaker Resale…
Source: Xpress Ship Is Here Two completely different topics on this and one won’t solve any problems, only add to the discussion around just what StockX has been doing with all of their warehouse space. First, the best performing sneakers on StockX were: Panda Dunk Yeezy Slide Marine Yeezy Slide Slate Grey Panda Dunk GS…
Rokt is the global leader in ecommerce technology & software solutions, driving more value per transaction with personalized experiences. Request a demo today. Source: Rokt | Unleash Relevancy in Ecommerce Adding a personalized shopping experience to StockX could be seen positively or as a sign that one of the fastest growing third party e-commerce sites…
Introducing StockX Power Exclusive (PE) Team – StockX News Introducing StockX Power Exclusive Customer Service. In addition to the exciting benefits of being a Level 4 and Level 5 seller on StockX, the StockX Power Exclusive (PE) Team is here to personally support you in any way that may help or enhance your experience on…
Fewer than 80 employees with corporate roles are affected; the company did not disclose the number of staff members impacted in its Detroit office. Source: StockX issues another round of layoffs, the second since June The rash of layoffs at tech companies is reflective of topics of discussion by Prof. Scott Galloway of NYU Stern….
On October 4th StockX implemented a 4 dollar fee on all single shipped sold items for sellers. The fee was supposed to be waived for Level 3-5 Sellers, but it shows up on all sold items. How will StockX reimburse sellers at those levels? Updated: It was much easier than I expected. As soon as…
https://arch-usa.com/how-the-supply-chain-contributed-to-800k-in-nike-product-being-stolen/ I recently reported on why the Supply Chain contributed to the theft of over 800,000 thousand dollars in Nike product. In that same post I discussed the problems of loss prevention for all companies and why storage yards across the country have been getting robbed. I followed that discussion with information on the Railroad…
Instead of my regular unboxing and close up of the Nike Air Max Flyknit Racer Price: 160.00 Style Code: DJ6106-300 Color: Multicolor The box gave me an opportunity to look at StockX’s policy on box damage. Many people have had problems with boxes being damaged in transit and they have had to forfeit sales and…
StockX has been the fastest growing sneaker resale platform created. The company launched with influencers and the “Now You Know” ads featuring Wale and YouTubers like Foamer Simpson to gain credibility with the sneaker community. They then landed in a Super Bowl ad with Rocket Mortgage. Following those marketing strategies up, the platform rolled out…
High-tech startups are reassessing their prospects for the future as interest rates rise and investors get queasy. Source: Tech companies rocked by layoffs as industry faces biggest downturn in two decades CBS News delivered a report explaining the difficulties tech companies face in uncertain economic periods. In this post, they quote Andrew Challenger, senior vice…
On 02/03/2022 Nike, Inc filed an Intellectual Property – Trademark court case against Stockx LLC in U.S. District Courts. Court records for this case are available from New York Southern District. Source: Nike, Inc. v. Stockx LLC The initial lawsuit was in regard to trademark after StockX rolled out their NFTs. Web3 is an evolving…
Die exklusive Collab von Hikmet Sugoer und eBay Source: SONRA Sonra (a brand owned by Hikmet Sugoer) doesn’t make enough shoes to counter the losses eBay has encountered due to the growth of StockX, GOAT and Grailed. However, eBay has the customer base to begin recapturing revenue via a private label strategy. Last year in…
I wrote a post about eBay’s Fees vs StockX and how shipping is shaping resale. The article lists a few predictions I’m making based on my research. This video addresses an additional situation that may be taking place. While it’s the first time this has happened to me, I wonder if others have experienced a…
Nike gives you plenty of opportunities to help fight climate change through your shopping choices. Source: How Nike Helps You Help the Planet There isn’t any secret that resale is getting more difficult to do. The Golden Goose isn’t done laying eggs, but the multitude of issues potential resellers face in a post-Covid environment are…
Matt Priest and Andy Polk interview me for episode #309 of Shoe-in-Show. The question is how resale is being shaped by the supply chain and by StockX becoming the dominant source in sneaker resale. Check out the entire episode here: https://shoeinshow.com/episode/309-chris-burns-lights-again/
A lot of links here, so check it out. Yesterday StockX informed everyone they introduced NFTs. There was a lot of speculation. I even dropped this video to help people gain an understanding of how I saw the move: https://www.youtube.com/watch?v=LGJIMZOr35Q&t=480s Last night during @SneakerPhetish ‘s Twitter Space named #SampleSize he was able to get some…
Take the time to pause the video when you see information cards. There is information on each which will assist you in understanding terms and points of discussion. I raise several points in this video about the fact that StockX has tied their NFTs to physical products. My biggest question is if they have sneakers…
Sellers who have the ability to create bulk shipping packages on StockX have been trying to figure out why the bulk boxes they’ve been making aren’t generating labels. In this video, I take the time to create a box to recreate the issue. Unfortunately, if you have a lot of shoes, it will take you…
As I begin to take a backseat in the resale game, I hit a milestone on StockX. I reached 20,000 pair sold on the platform and 2.5 million dollars in sales. I should probably do a video explaining how that happened, but that’s for another time. Today I got a box in the mail. The…
Below is the Wine Down, a show that follows each episode of HBO’s hit series “Insecure”. I’m using the episode of the Wine Down as a placeholder for the actual episode because I don’t want to utilize clips from YouTube channels pulling footage from the show. Which has absolutely nothing to do with this post….
